Mississippi Nurses Foundation Inc
- Assets
- $2.5m
- Revenue
- $931.8k
- Investments
- $0.0
- Employees
- 3
- Location
- Madison, MS
- Founding
- 08/1984
- Data as of
- 09/2021
- EIN
- 64-0696983
Organization Overview
Mississippi Nurses Foundation Inc is located in Madison, MS. The organization was established in 1984. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 09/2021, Mississippi Nurses Foundation Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mississippi Nurses Foundation Inc 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 09/2021, Mississippi Nurses Foundation Inc generated $931.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $396.7k during the year ending 09/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION EXISTS TO PROMOTE PROFESSIONAL NURSING AND BETTER HEALTH IN MISSISSIPPI.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MISSISSIPPI NURSES FOUNDATION PROGRAM ACCOMPLISHMENTS: - AWARDED 65,000 IN CAR TAG STIPENDS TO NURSING STUDENTS AND NURSES SEEKING DEGREES ACROSS THE EDUCATIONAL CONTINUUM (AD, BSN, MSN, PHD, DNP). - PROVIDED SCHOLARSHIPS TO TWENTY-FOUR SCHOOLS OF NURSING THROUGHOUT THE STATE. - AWARDED MNF RESEARCH AWARD, THE MARTHA DOUGLAS SCHOOL NURSE AWARD, NURSE ONEITA DONGIEUX AWARD, AND GEORGIA BERNARD HALL AWARD. - BRANTLEY-FLETCHER BOOK SCHOLARSHIP TO SUPPORT STUDENTS WITH BOOK FEES. - CONTINUED TO RAISE MONEY TO SUPPORT NURSES IN NEED - SUPPORTED AND TOOK PART IN MNA ANNUAL CONVENTION - AWARDED 2,652 IN STIPENDS FOR NURSES TO ATTEND ANNUAL CONVENTION - CONTINUED MNF'S NURSE LEADERSHIP INSTITUTE WITH FUNDS FROM SOUTH MISSISSIPPI HOME HEALTH. - CONTINUED TO PARTNER WITH MSDH-OFFICE OF RURAL HEALTH TO PROMOTE NURSING IN RURAL AREAS. - CONTINUED TO PARTNER WITH THE MISSISSIPPI DEPARTMENT OF HEALTH OFFICE OF EMERGENCY PREPAREDNESS TO PROVIDE HAND WASHING SUPPLIES AND EDUCATIONAL MATERIALS TO HEALTH SCIENCE TEACHERS AND SCHOOL NURSES THROUGHOUT THE STATE. - SUPPORTED THE MAKE-A-WISH MISSISSIPPI PROGRAM AND GRANTED A CHILD A WISH. - AWARDED 7,275 IN PH.D RESEARCH AWARDS FOR GRADUATE NURSING STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rosalyn Howard Executive Di | OfficerTrustee | $106,431 | |
Ann Barnes Trustee | OfficerTrustee | $0 | |
Betty Young-Cryer Vice Preside | OfficerTrustee | $0 | |
Debbie Allen Trustee | Trustee | $0 | |
Steve Brantley Trustee | Trustee | $0 | |
Terry G Coffey Trustee | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $45,607 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,607 |
| Total Program Service Revenue | $573,480 |
| Investment income | $241,176 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $70,368 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,179 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $931,810 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,000 |
| Grants and other assistance to domestic individuals. | $101,677 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $142,501 |
| Pension plan accruals and contributions | $7,832 |
| Other employee benefits | $10,034 |
| Payroll taxes | $10,901 |
| Fees for services: Management | $500 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,712 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,514 |
| Fees for services: Other | $2,550 |
| Advertising and promotion | $0 |
| Office expenses | $5,179 |
| Information technology | $3,877 |
| Royalties | $0 |
| Occupancy | $24,297 |
| Travel | $801 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $32 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,814 |
| Insurance | $12,117 |
| All other expenses | $9,401 |
| Total functional expenses | $396,739 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $519,074 |
| Savings and temporary cash investments | $18,810 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $4,670 |
| Net Land, buildings, and equipment | $462,398 |
| Investments—publicly traded securities | $1,490,055 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $525 |
| Total assets | $2,495,532 |
| Accounts payable and accrued expenses | $83,208 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $550 |
| Total liabilities | $83,758 |
| Net assets without donor restrictions | $2,320,743 |
| Net assets with donor restrictions | $91,031 |
| 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 | $2,495,532 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trousdale Foundation Inc Cleveland, TN | $157,578,588 | $76,137,385 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |
Wend Ii Inc Bentonville, AR | $174,655,774 | $207,303,582 |
Maclellan Foundation Inc Chattanooga, TN | $225,301,353 | $34,552,415 |
Town Branch Foundation Bentonville, AR | $511,930,269 | $39,195,874 |
The Frist Foundation Nashville, TN | $198,128,014 | $36,312,656 |
Zoma Foundation Bentonville, AR | $228,655,575 | $19,208,599 |
Penner Family Foundation Bentonville, AR | $146,107,822 | $15,983,833 |
J R Hyde Iii Foundation Memphis, TN | $230,354,058 | $26,306,779 |
First Horizon Foundation Memphis, TN | $37,840,936 | $11,265,846 |
The William B Wiener Jr Foundation Shreveport, LA | $23,196,478 | $3,677,470 |
Bashinsky Foundation Inc Birmingham, AL | $2,626,965 | $3,568,518 |