Mississippi Press Association Education Foundation
- Assets
- $533.1k
- Revenue
- $260.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Jackson, MS
- Founding
- 06/1981
- Data as of
- 12/2021
- EIN
- 64-0731681
Organization Overview
Mississippi Press Association Education Foundation is located in Jackson, MS. The organization was established in 1981. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mississippi Press Association Education 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 12/2021, Mississippi Press Association Education Foundation generated $260.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.0% each year . All expenses for the organization totaled $84.7k during the year ending 12/2021. 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
PROVIDE EDUCATIONAL GRANTS AND SCHOLARSHIPS FOR JOURNALISM STUDENTS AND COLLEGES AND UNIVERSITIES IN MISSISSIPPI
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE INTERNSHIPS TO MISSISSIPPI NEWSPAPERSON BEHALF OF JOURNALISM STUDENTS
CONDUCT CONFERENCES FOR JOURNALISM STUDENTS AND EDUCATORS
PROVIDE SCHOLARSHIPS AND GRANTS TO MISSISSIPPIUNIVERSITIES AND INDIVIDUAL RECIPIENTS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Layne Bruce Secr | Officer | 2 | $0 |
Paul Keane Immediate Past Chairman | Officer | 2 | $0 |
Jack Ryan Vice Chairman | Officer | 2 | $0 |
Kevin Cooper Chairman | Officer | 3 | $0 |
Stacy Graning Director | Trustee | 1 | $0 |
Joel Mcneece Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $4,630 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $203,102 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $207,732 |
| Total Program Service Revenue | $0 |
| Investment income | $38,478 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $13,890 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $260,100 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,000 |
| Grants and other assistance to domestic individuals. | $27,000 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $15,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,398 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,559 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $84,663 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $54,203 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $478,874 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $533,077 |
| Accounts payable and accrued expenses | $0 |
| 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 | $1,272 |
| Total liabilities | $1,272 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $531,805 |
| Total liabilities and net assets/fund balances | $533,077 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mississippi Press Association Education Foundation has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tennessee Education Association Inc Nashville, TN | $10,428,351 | $9,646,926 |
College And University Professional Association For Human Resources Knoxville, TN | $15,862,589 | $7,812,208 |
New Schools For Alabama Birmingham, AL | $1,601,582 | $4,974,961 |
American Case Management Association Little Rock, AR | $1,766,697 | $2,995,171 |
Jefferson Federation Of Teachers Health And Welfare Fund Metairie, LA | $2,212,673 | $3,830,342 |
Louisiana Association Of Educators Baton Rouge, LA | $3,465,257 | $3,286,362 |
Alabama Aviation Education Center Incorporated Mobile, AL | $4,776,841 | $3,256,165 |
Mississippi School Boards Association Clinton, MS | $9,542,173 | $2,519,623 |
Mississippi Association Of Educators Jackson, MS | $958,375 | $1,947,522 |
Noted Huntsville, AL | $441,883 | $1,846,387 |
Tennessee Charter School Incubator Inc Nashville, TN | $995,050 | $1,523,764 |
Arkansas Association Of Educational Administrators Little Rock, AR | $5,633,303 | $1,841,301 |