M B Swayze Educational Foundation
- Assets
- $269.8k
- Revenue
- $215.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Jackson, MS
- Founding
- 06/1979
- Data as of
- 04/2022
- EIN
- 64-0602140
Organization Overview
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 04/2022, M B Swayze Educational Foundation generated $215.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $449.5k during the year ending 04/2022. 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
2022
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cathy Northington VP - Program | 20 | $88,298 | |
Vickie Powell Sr Vp-Founda | 12 | $51,157 | |
John S Waller President & | Officer | 2 | $14,884 |
Bill Lampton Chairman | OfficerTrustee | 2 | $0 |
Pat Thomasson Treasurer | OfficerTrustee | 2 | $0 |
Christa Bishop Vice Chairma | OfficerTrustee | 2 | $0 |
Financial Statements
| 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 | $106,300 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $106,300 |
| Total Program Service Revenue | $108,792 |
| Investment income | $223 |
| 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 | $215,315 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $26,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $15,614 |
| Compensation of current officers, directors, key employees. | $3,904 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $179,868 |
| Pension plan accruals and contributions | $12,622 |
| Other employee benefits | $10,890 |
| Payroll taxes | $12,905 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,625 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $10,404 |
| Information technology | $9,009 |
| Royalties | $0 |
| Occupancy | $7,357 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $154,226 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,496 |
| All other expenses | $0 |
| Total functional expenses | $449,516 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $175,861 |
| Savings and temporary cash investments | $10,223 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $83,700 |
| 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 | $65 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $269,849 |
| Accounts payable and accrued expenses | $31,467 |
| Grants payable | $0 |
| Deferred revenue | $76,800 |
| 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 | $2,059,538 |
| Total liabilities | $2,167,805 |
| Net assets without donor restrictions | -$1,925,601 |
| 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 | $269,849 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that M B Swayze Educational Foundation has recieved totaling $28,500.
| Awarding Organization | Amount |
|---|---|
Kelly Gene Cook Sr Charitable Foundation Inc Houston, TX PURPOSE: SCHOLARSHIPS - K. ZHANG, C. YANO, N. CHANDLER, V. LU, W. BETTS, S. QUINN, N. DEAN, M. RESTER, I. MARTINOLICH, B. MAYATT, A. STONER, A. WEIST, K. BAKER, C. RICHERT, S. MADDALI, J. WRIGHT, J. DALE | $17,000 |
Kelly Gene Cook Sr Charitable Foundation Inc Houston, TX PURPOSE: TEACHER ENRICHMENT - 17 TEACHERS AT $500; 3 TEACHERS AT $1,000 | $11,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arkansas State Council On Economic Education Little Rock, AR | $851,253 | $993,502 |
M B Swayze Educational Foundation Jackson, MS | $269,849 | $215,315 |
Camp Living Stones Inc Englewood, TN | $1,120,126 | $494,096 |
Neighborhood Lets Count It Up And Build It Up Memphis, TN | $349,341 | $424,235 |
The Junior Achievement Of Greater New Orleans Education Foundation I New Orleans, LA | $3,828,672 | $327,064 |
Tbk Pine Bluff, AR | $4,702 | $0 |
Teen Expo Inc Cordova, TN | $0 | $1,000 |