M B Swayze Educational Foundation is located in Jackson, MS. The organization was established in 1979. According to its NTEE Classification (O53) the organization is classified as: Youth Development - Business, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. M B Swayze Educational Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 04/2023, M B Swayze Educational Foundation generated $433.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $649.0k during the year ending 04/2023. While expenses have increased by 5.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ENCOURAGE SUPPORT FOR QUALITY EDUCATION IN MISSISSIPPI; TO IDENTIFY, EDUCATE, AND MOTIVATE LEADERS WHO CAN MAKE A SIGNIFICANT CONTRIBUTION TO THE DEVELOPMENT OF MISSISSIPPI; AND TO CONDUCT INDEPENDENT PUBLIC POLICY RESEARCH ON ISSUES SUCH AS TAXATION , ECONOMIC DEVELOPMENT, COMPETITIVENESS, EDUCATION, GOVERNMENTAL ACCOUNTABILITY , AND OTHER MATTERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STAR/EDUCATION CELEBRATION-RECOGNITION OF OUTSTANDING TEACHERS & STUDENTS AND ADVANCEMENT OF EDUCATION IN THE STATE.
LEADERSHIP MISSISSIPPI-TRAINING OF YOUNG LEADERS FOR FUTURE SERVICE TO THE COMMUNITY.
PUBLIC POLICY RESEARCH-ONE OF THE ORGANIZATION'S MISSIONS IS TO CONDUCT INDEPENDENT PUBLIC POLICY RESEARCH ON ISSUES RELATED TO ECONOMIC DEVELOPMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John S Waller President & | Officer | 2 | $14,864 |
Cathy Northington COO | 20 | $91,144 | |
Vickie Powell Sr. VP | $53,823 | ||
Chris Anderson Director | Trustee | 2 | $0 |
Dr Jacqueline Beasley Director | Trustee | 2 | $0 |
Christa Bishop Chairman | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $274,370 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $274,370 |
Total Program Service Revenue | $159,365 |
Investment income | $3 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $433,738 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $137,069 |
Grants and other assistance to domestic individuals. | $31,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $16,637 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $174,052 |
Pension plan accruals and contributions | $12,183 |
Other employee benefits | $9,468 |
Payroll taxes | $12,928 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $9,012 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $13,226 |
Advertising and promotion | $0 |
Office expenses | $16,638 |
Information technology | $5,502 |
Royalties | $0 |
Occupancy | $6,495 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $203,304 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,499 |
All other expenses | $0 |
Total functional expenses | $649,013 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $111,458 |
Savings and temporary cash investments | $10,228 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $75,000 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $196,686 |
Accounts payable and accrued expenses | $50,674 |
Grants payable | $0 |
Deferred revenue | $70,075 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $2,189,233 |
Total liabilities | $2,309,982 |
Net assets without donor restrictions | -$2,140,941 |
Net assets with donor restrictions | $27,645 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $196,686 |
Organization Name | Assets | Revenue |
---|---|---|
Arkansas State Council On Economic Education Little Rock, AR | $678,557 | $834,013 |
M B Swayze Educational Foundation Jackson, MS | $196,686 | $433,738 |
Camp Living Stones Inc Englewood, TN | $677,314 | $546,835 |
The Junior Achievement Of Greater New Orleans Education Foundation I New Orleans, LA | $4,219,184 | $140,814 |
Tbk Pine Bluff, AR | $4,702 | $0 |
Teen Expo Inc Cordova, TN | $0 | $0 |
Homegirl Industry Clanton, AL | $23,071 | $0 |
M A G Making Achievable Goals Memphis, TN | $250 | $0 |