Charity Impact Media

Home › Education

Friends of Children of Mississippi

Flowood, MS · EIN 64-0442110 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending November 30, 2024 (tax year 2023) · View the filing · Correct or respond

Friends of Children of Mississippi reported $37.1 million in revenue and $37.1 million in expenses for the fiscal year ending November 30, 2024. Of every $100 it spent, $94.64 went to program services, $5.36 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 100.0% of the total. Government grants made up 100.0%. The highest compensation it reported for one person was $231,749 (EXECUTIVE DI). 3 people received more than $100,000 in reportable compensation. Revenue rose 34% between FY2020 and FY2024. Source: Form 990, FY2024.

Where $100 of spending went

The fiscal year ending November 30, 2024 · Form 990, Part IX, line 25 · total expenses $37M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending November 30, 2024 · Form 990, Part VIII · total revenue $37M

The 990 scorecard · same measures for every charity, no grades

FY2024 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2024Median
Program services
Part IX 25(B) ÷ 25(A)
94.6%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
5.4%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
100.0%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
100.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
0.0%69.9%
Highest reported compensation
Part VII-A, columns D–F
$231,749$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.62%1.28%
People paid over $100,000
Part VII, line 2
38
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
-0.013.3
Independent voting board members
Part VI 1a–1b
11 of 11100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2024 · Form 990, Part III · the three largest programs by expense
$33M expenses · 94.1% of program spending

The head start/early head start program provides a comprehensive child care and training program for approximately 3,000 children

$2.0M expenses · 5.8% of program spending

Usda child care food service program assures that balance meals and snacks are served to the children enrolled in the head start/early head start programs

$8,194 expenses · 0.0% of program spending

The agency operates non federally funded programs that provide training and other services to the agency's clientele

Highest reported compensation

FY2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
EXECUTIVE DI
Officer, 40.00 hrs/week
$210,681$0$21,068$231,749
CFO
Officer, 40.00 hrs/week
$134,376$0$13,438$147,814
HCE
Highest compensated employee, 40.00 hrs/week
$101,161$0$10,116$111,277

3 people received more than $100,000 in reportable compensation from Friends of Children of Mississippi (Part VII, line 2). Compensation of current officers, directors and key employees totaled $345K (Part IX, line 5).

5 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024$37M$37M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2024 ⓘ$37M$37M94.6%−$50,544$231,749
FY2023 ⓘ$35M$35M94.6%−$51,172$200,574
FY2022 ⓘ$34M$34M94.0%−$57,607$199,874
FY2021 ⓘ$30M$30M95.1%−$58,105$173,998
FY2020 ⓘ$28M$28M95.3%−$98,154$141,661

Governance answers, as filed

FY2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b11 · 11 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14No
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5688
  • Volunteers Part I, line 62,000

Largest outside contractors

FY2024 · Form 990, Part VII, Section B · businesses only
WATKINS WARD AND STAFFORD PLLC
Professional
$397,000
RIVERVIEW DRIVE PROPERTIES LLC
Rent
$162,519
FORREST CONSTRUCTION
Repairs
$159,163
CITY PROPERTIES LLC
Rent
$157,992
MAGNOLIA BUSINESS VENTURES LLC
Rent
$127,500

Individuals listed as contractors are left out. 6 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Friends of Children of Mississippi's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Friends of Children of Mississippi, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Mississippi

Questions people ask

How much of Friends of Children of Mississippi's spending goes to programs?

In the fiscal year ending November 30, 2024, Friends of Children of Mississippi reported that 94.6% of its $37.1 million in expenses went to program services, 5.4% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Friends of Children of Mississippi pay its top executive?

The largest total compensation Friends of Children of Mississippi reported for one person in the fiscal year ending November 30, 2024 was $231,749, for the role of EXECUTIVE DI (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Friends of Children of Mississippi get its money?

Of $37.1 million in revenue in the fiscal year ending November 30, 2024, 100.0% came from contributions and grants (including 100.0% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).

Is Friends of Children of Mississippi a registered charity?

The IRS lists EIN 64-0442110 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2024: Form 990 for the fiscal year ending November 30, 2024, object 202532869349300713 · read the filing · XML
  • FY2023: Form 990 for the fiscal year ending November 30, 2023, object 202422789349301712 · read the filing
  • FY2022: Form 990 for the fiscal year ending November 30, 2022, object 202302879349300915 · read the filing
  • FY2021: Form 990 for the fiscal year ending November 30, 2021, object 202222909349300642 · read the filing
  • FY2020: Form 990 for the fiscal year ending November 30, 2020, object 202102949349302005 · read the filing

All filings for EIN 64-0442110: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.