2025-03-14T13:08:15-04:00 2024-04-30 853667394 CORBIN & BIGGS PLLC 385-B HIGHLAND COLONY PARKWAY SUIT RIDGELAND MS 39157 990 2023-05-01 640602140 MB SWAYZE EDUCATIONAL FOUNDATION MBSW 6019690022 P O BOX 23276 JACKSON MS 392253276 JOHN S WALLER PRESIDENT & CEO 6019690022 2025-03-11 true false GEORGE M BIGGS JR P00912499 6019572001 2025-03-14 2023 2025-03-06 01:10:19Z JOHN S WALLER PO BOX 23276 JACKSON MS 392253276 437794 false X WWW.MSMEC.COM X 1979 MS 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. 13 13 0 0 274370 298869 159365 138920 3 5 0 433738 437794 168069 85674 0 225268 125059 0 11753 255676 229299 649013 440032 -215275 -2238 196686 239400 2309982 2354934 -2113296 -2115534 X 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. false false 132261 85674 PUBLIC POLICY RESEARCH- ONE OF ORGANIZATION'S MISSIONS IS TO CONDUCT INDEPENDENT PUBLIC POLICY RESEARCH ON ISSUES RELATED TO ECONOMIC DEVELOPMENT. 245138 138920 LEADERSHIP MISSISSIPPI-TRAINING OF YOUNG LEADERS FOR FUTURE SERVICE TO THE COMMUNITY. 377399 true true false false false false false false false false false false false false true true false true false false false false false false false false false true false true false false false false false false false false false false false false false true false true false true 3 0 true 0 false false false false false false false false false false false false false false X 13 13 false false false false false false false true true false false false true true true true true true true false MS X SCOTT WALLER 6019690022 PO BOX 23276 JACKSON MS 39205 JOHN S WALLER PRESIDENT & 2.00 38.00 X 16338 310425 31098 CATHY NORTHINGTON COO 20.00 20.00 X 96311 96311 22397 CHRIS ANDERSON DIRECTOR 2.00 X 0 0 0 CHRISTA BISHOP CHAIRMAN 2.00 X X 0 0 0 JEROME BROWN DIRECTOR 2.00 X 0 0 0 CHRIS CHAMPION DIRECTOR 2.00 X 0 0 0 DAVE DENNIS DIRECTOR 2.00 X 0 0 0 DUANE DEWEY TREASURER 2.00 X X 0 0 0 WILLIAM JACOBS DIRECTOR 2.00 X 0 0 0 ANDREW MALLINSON DIRECTOR 2.00 X 0 0 0 DAVID SLIGER DIRECTOR 2.00 X 0 0 0 LEA TURNIPSEED DIRECTOR 2.00 X 0 0 0 REBECCA LEE WIGGS DIRECTOR 2.00 X 0 0 0 RHEA WILLIAMS-BISHOP VICE CHAIRMA 2.00 X X 0 0 0 MAX YATES DIRECTOR 2.00 X 0 0 0 112649 406736 53495 false true false 298869 298869 LEADERSHIP MS. 138920 138920 138920 5 5 437794 138920 5 X 85674 85674 16930 12697 4233 91607 83222 4082 4303 5186 4542 343 301 4644 4017 400 227 6692 5881 374 437 10011 8834 416 761 80364 40182 40182 14405 8947 4688 770 4057 3579 169 309 3986 3518 166 302 5000 5000 110027 110027 1449 1279 60 110 440032 377399 50880 11753 111458 148524 10228 10232 75000 78500 2144 196686 239400 50674 31382 70075 103600 2189233 2219952 2309982 2354934 X -2140941 -2143179 27645 27645 -2113296 -2115534 196686 239400 -2238 X false true X false false X 158693 164574 106300 271370 298869 999806 184910 114815 83220 131325 138920 653190 8800 2800 25572 28040 65212 352403 282189 215092 430735 437789 1718208 48500 45500 28500 28500 297389 448389 48500 45500 28500 28500 297389 448389 1269819 -145 223 3 5 86 -145 223 3 5 86 352258 282189 215315 430738 437794 1718294 0.73900 0.84960 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED DUE TO MISSISSIPPI ECONOMIC COUNCIL 2216452 DUE TO PROPEL 3500 2219952 X SCHEDULE D, PAGE 3, PART X MEC IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C) (6). THE MBSF AND PEF ARE EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). ACCOUNTING RULES PRESCRIBE WHEN TO RECOGNIZE AND HOW TO MEASURE THE FINANCIAL STATEMENT EFFECT, IF ANY, OF INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON INCOME TAX RETURNS INCLUDING THE POSITION THAT THE ORGANIZATIONS WILL CONTINUE TO QUALIFY AS TAX EXEMPT ORGANIZATIONS. MANAGEMENT EVALUATES THE LIKELIHOOD THAT, UPON EXAMINATION BY RELEVANT TAXING JURISDICTIONS, THOSE INCOME TAX POSITIONS WOULD BE SUSTAINED. BASED ON THAT EVALUATION, IF IT WERE MORE THAN 50% PROBABLE THAT A MATERIAL AMOUNT OF INCOME TAX WOULD BE IMPOSED ON THE ORGANIZATIONS UPON EXAMINATION BY THE RELEVANT TAXING AUTHORITIES, A LIABILITY WOULD BE RECOGNIZED IN THE STATEMENT OF FINANCIAL POSITION ALONG WITH ANY INTEREST AND PENALTIES RESULTING FROM THAT ASSESSMENT. SHOULD ANY PENALTIES AND INTEREST BE INCURRED, THE ORGANIZATIONS' POLICY WOULD BE TO RECOGNIZE THEM AS OPERATING EXPENSES. BASED ON MANAGEMENT'S EVALUATION, NO LIABILITIES OR PENALTIES AND INTEREST WERE REQUIRED TO BE RECORDED FOR UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED APRIL 30, 2024. YEARS THAT REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE INCLUDE THE YEARS ENDED APRIL 30, 2024, 2023, 2022, AND 2021. true MISSISSIPPI STATE FOUNDATION 100 HUNTER HENRY BLVD MISS STATE MS 39762 640410581 501C3 85674 TALENT RETENTION X X false false false false false false false false false JOHN S WALLER PRESIDENT & CEO 16338 310425 21525 9573 47436 310425 CATHY NORTHINGTON COO 96311 96311 13326 9071 118708 96311 FORM 990 - ORGANIZATION'S MISSION 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. FORM 990 M.B. SWAYZE EDUCATION FOUNDATION DOES NOT PAY ANY SALARIES DIRECTLY. AMOUNTS LISTED IN PART VII, SECTION A AS WELL AS PART IX LINES 5 & 7 ARE AMOUNTS THAT WERE PAID BY MISSISSIPPI ECONOMIC COUNCIL AND ALLOCATED TO MBSF BASED ON ESTIMATES OF MEC EMPLOYEES TIME DEVOTED TO MBSF. FORM 990, PAGE 6, PART VI, LINE 11B THE 990 IS REVIEWED BY THE PRESIDENT AND THE PREPARING CPA PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C ANNUALLY, EACH BOARD MEMBER IS PROVIDED A FORM IN WHICH RELATIONSHIPS THAT COULD GIVE RISE TO CONFLICTS OF INTEREST ARE TO BE DOCUMENTED. FORM 990, PAGE 6, PART VI, LINE 15A THE ORGANIZATION IS A SUBSIDIARY OF THE MISSISSIPPI ECONOMIC COUNCIL, A 501(C)(6) ORGANIZATION. THE MISSISSIPPI ECONOMIC COUNCIL PROVIDES USE OF IT'S EMPLOYEES AND FACILITIES TO THE M.B. SWAYZE EDUCATIONAL FOUNDATION. AMOUNTS ARE ALLOCATED BETWEEN THE ORGANIZATIONS BASED ON MANAGEMENT'S ESTIMATES AND M.B. SWAYZE EDUCATIONAL FOUNDATION REIMBURSES THE MISSISSIPPI ECONOMIC COUNCIL WHEN FUNDS ARE AVAILABLE. THE MISSISSIPPI ECONOMIC COUNCIL'S BOARD OF DIRECTORS APPROVES THE COMPENSATION OF THE MISSISSIPPI ECONOMIC COUNCIL'S PRESIDENT & CEO, WHO ALSO SERVES AS PRESIDENT OF THE ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 15B SEE ANSWER TO 15A. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACTED SERVICES 40,182 40,182 0 MS ECONOMIC COUNCIL PO BOX 23276 JACKSON MS 39225 TRADE ASSN MS 501C6 NA false PROPEL EDUCATION FORUM OF MS INC PO BOX 23276 JACKSON MS 392253276 570897061 CHARITY MS 501C3 7 N/A false false false false false false false false false false false false false false true true false false false false MISSISSIPPI ECONOMIC COUNCIL O 165000 COST