Skip to main content

Nonprofit · EIN 72-1151070

FOUNDATION FOR THE MID SOUTH INC

Tax-exempt · JACKSON, MS 39201

Financials

$2M$2.6M2023$694K$2.6M2024
Revenue Expenses · by fiscal year end
Financials of FOUNDATION FOR THE MID SOUTH INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$693,649$2,601,712-$1,908,063$22,414,415$934,339$21,480,076
December 31, 2023990$2,008,336$2,588,683-$580,347$22,533,472$3,334,030$19,199,442
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$101,225
Program service revenue
$0
Investment income
$589,433
Other revenue
$2,991

Expenses

Grants and similar amounts paid
$426,500
Compensation of officers, directors and key employees
$305,170
Other salaries and wages
$503,062
Salaries, compensation and benefits (total)
$1,082,328
Professional fundraising fees
$0
Legal fees
$19,532
Accounting fees
$28,000
Occupancy
$20,156
Travel
$128,301
Depreciation
$35,156
Program services (functional)
$1,533,847
Management and general (functional)
$1,067,865

Balance sheet and other

Total assets, start of year
$22,533,472
Total assets, end of year
$22,414,415
Total liabilities, end of year
$934,339
Net assets, end of year
$21,480,076
Land, buildings and equipment
$465,643
Publicly traded securities
$20,020,336
Net assets without donor restrictions
$13,737,658
Net assets with donor restrictions
$7,742,418
Gross receipts
$693,649
Employees
17
Volunteers
10
Year formed
1989
State of legal domicile
MS

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
GREGORY JOHNSONPRESIDENT/CEO
Officer
40$200,109$39,900
KIMBERLY MCMILLAMCFO
Officer
40$105,061$29,148
CARLOS E MOOREVICE CHAIR
Trustee or director, Officer
1$0$0
CANDACE RANDLE PERSONTREASURER
Trustee or director, Officer
1$0$0
GARY WILTZSECRETARY
Trustee or director, Officer
1$0$0
THEODORE BUNTING JRCHAIRMAN
Trustee or director, Officer
1$0$0
LAURA LANDREAUXBOARD MEMBER
Trustee or director
1$0$0
ELLIS ARNOLD IIIBOARD MEMBER
Trustee or director
1$0$0
MITZI WOODSBOARD MEMBER
Trustee or director
1$0$0
KENNETH TRAMBLEBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensationOther / benefits
DR IVYE L ALLENFORMER PRESIDENT/CEO
Officer
40$193,628$32,213
KIMBERLY MCMILLAMCFO
Officer
40$100,830$25,581
GREGORY JOHNSONPRESIDENT/CEO
Officer
40$53,752$3,299
KENNETH TRAMBLEBOARD MEMBER
Trustee or director
1$0$0
MITZI WOODSBOARD MEMBER
Trustee or director
1$0$0
ELLIS ARNOLD IIIBOARD MEMBER
Trustee or director
1$0$0
LAURA LANDREAUXBOARD MEMBER
Trustee or director
1$0$0
THEODORE BUNTING JRCHAIRMAN
Trustee or director, Officer
1$0$0
GARY WILTZSECRETARY
Trustee or director, Officer
1$0$0
CANDACE RANDLE PERSONTREASURER
Trustee or director, Officer
1$0$0
CARLOS E MOOREVICE CHAIR
Trustee or director, Officer
1$0$0

Address and contacts

Address (IRS master file)
134 E AMITE ST, JACKSON, MS 39201-2101
In care of
% KIMBERLY MCMILLAN
Principal officer (990 for 2024)
GREGORY JOHNSON, 134 EAST AMITE STREET, JACKSON, MS 39201
Signed the 990
GREGORY JOHNSON, PRESIDENT
Phone
(601) 355-8167
Return prepared by
MATTHEWS CUTRER & LINDSAY PA

Mission

THE FOUNDATION FOR THE MID SOUTH INVESTS IN PEOPLE AND STRATEGIES THAT BUILD PHILANTHROPY AND PROMOTE RACIAL, SOCIAL AND ECONOMIC EQUITY IN ARKANSAS, LOUISIANA AND MISSISSIPPI.

990 for the year ended December 31, 2024

Program accomplishments

  • ECONOMIC OPPORTUNITIES:THE FOUNDATION EXPANDED ITS FOOTPRINT IN WORKFORCE DEVELOPMENT AND ECONOMIC MOBILITY: - W.K. KELLOGG FOUNDATION (WKKF): SECURED A 12-MONTH EXTENSION FOR THE MOVING MISSISSIPPIANS FORWARD WORKFORCE GRAN! WITH A REFINED STRATEGY FOCUSING ON: - CAREER PATHWAY PROGRAMS: RECRUITMENT, TRAINING, AND JOB PLACEMENT FOR ADULTS AND YOUTH. - INTERNSHIPS & APPRENTICESHIPS: PARTNERSHIPS WITH HEALTHCARE AND TECHNICAL INSTITUTIONS TO PROVIDE PAID WORK EXPERIENCES. - SUPPORT STAFF AND CAREER COACHES: NEW ROLES INTRODUCED TO ASSIST PARTICIPANTS THROUGH COMPLETION AND JOB PLACEMENT. STRATEGIC FUNDRAISING AND PARTNERSHIPS: - ENGAGED FINANCIAL INSTITUTIONS TO EXPLORE SCALABLE MODELS OF FINANCIAL INCLUSION AND MUNICIPAL-LEVEL ENGAGEMENT.IMPACT: FMS IS ADVANCING TOWARD ITS STRATEGIC GOAL OF REDUCING UNEMPLOYMENT BY 5% ACROSS TARGET COMMUNITIES THROUGH WORKFORCE UPSKILLING AND FINANCIAL EMPOWERMENT.
    Expenses $1,000
  • EDUCATION OPPORTUNITIES:FOUNDATION FOR THE MID SOUTH (FMS) ADVANCED EDUCATION EQUITY INITIATIVES ACROSS THE REGION BY: - YOUTH DEVELOPMENT: DELIVERED KEYNOTE PRESENTATIONS AND LEADERSHIP SESSIONS AT THE GEAR UP LEADERSHIP ACADEMY (DELTA STATE UNIVERSITY, JUNE 2024), PROMOTING YOUTH LEADERSHIP, ACADEMIC PERSISTENCE, AND WORKFORCE READINESS. - FMS SPONSORED THE MISSISSIPPI CONSORTIUM OF HIGHER EDUCATION IN PRISONS (MCI-IEP) CONVENING. THE MCHEP CONVENING IS AN ANNUAL EVENT THAT FOCUSES ON BEST PRACTICES, POLICY UPDATES, PELL IMPLEMENTATION INFORMATION DESIGNED TO ASSIST COLLEGES, UNIVERSITIES, AND PARTNERS IN PRISON EDUCATION WORK TO PROVIDE MEANINGFUL INSTRNCTION LEADING TO DEGREE COMPLETION. - FMS SPONSORED TEACHELLA AUGUST 31, 2024. TEACHELLA IS AN EDUCATOR EXPO DESIGNED FOR ALL EDUCATORS TO COME TOGETHER AND INITIATE THE MOVEMENT THAT IS NEEDED TO INCREASE TEACHER RETENTION AND RECRUITMENT TO HELP COMBAT MISSISSIPPI'S CRITICAL TEACHER SHORTAGE. - FMS EDUCATION PROVIDED FOUR SUMMER CAMPS DURING JUNE AND JULY, WITH 175 STUDENTS REPRESENTING ALL NINE SCHOOL DISTRICTS. TO PREPARE FOR THE SUMMER CAMPS, THE GEAR UP PROGRAMS TEAMS HOSTED TWO ORIENTATION SESSIONS. THE FIRST SESSION WAS FOR DISTRICT LIAISONS/CHAPERONES, WITH 100% DISTRICT PARTICIPATION. THE SECOND SESSION WAS FOR PARENTS, WITH 100% DISTRICT PARTICIPATION. - THE GEAR-UP TEAM SECURED TEN PMINERSHIP MEETINGS (100%) WITH SCHOOL LEADERS FROM JULY 30, 2024, THROUGH AUGUST 9, 2024, TO IMPROVE COMMUNICATION AND LEARNING OPPO1IUNITIES WITH ONE OF OUR PAIINERS, GET2COLLEGE. THESE EFFORTS AND PLANS WERE IMPLEMENTED TO ENSURE GEAR-UP SCHOLARS CAN MAXIMIZE ALL THE FREE EDUCATIONAL OPP01IUNITIES THAT GEAR-UP MISSISSIPPI DELTA AFFORDS THEM AS HIGH SCHOOL STUDENTS.- THROUGH THE MISSISSIPPI DELTA GEAR UP PMINERSHIP, FMS ACCOMPLISHED THE FOLLOWING:--1,843 STUDENTS SERVED--14,482 TOTAL SERVICE HOURS--96% SCHOOLS SERVEDIMPACT: THE EDUCATION WORK DIRECTLY CONTRIBUTES TO FMS'S STRATEGIC GOAL OF RAISING HIGH SCHOOL GRADUATION RATES BY 10% ACROSS THE TRI-STATE REGION BY 2030.
    Expenses $385,101
  • HEALTHY OPPORTUNITIES:THE FOUNDATION ADVANCED BOTH MENTAL HEALTH AND PHYSICAL HEALTH EQUITY IN 2024: - MENTAL HEALTH LEADERSHIP: FMS INTERN JOHN R. WALKER WAS APPOINTED TO THE MISSISSIPPI K-12 AND POSTSECONDARY MENTAL HEALTH TASK FORCE, ESTABLISHED THROUGH SENATE BILL 2727. HE IS THE ONLY YOUTH REPRESENTATIVE STATEWIDE, A NOTABLE EXAMPLE OF FMS'S LEADERSHIP CULTIVATION MODEL. - PARTNERSHIP WITH MISSISSIPPI DEPARTMENT OF HEALTH (MDH):--INTEGRATED FMS'S REENTRY RESOURCE GUIDE (RRG) INTO THE MDH STATEWIDE WEBSITE.--EXPANDED CHW (COMMUNITY HEALTH WORKER) TRAINING AND CE1TIFICATION EFFORTS FOR COMMUNITY-BASED WORKFORCE EXPANSION.- PHILANTHROPIC ALIGNMENT:--COLLABORATED WITH THE ROBERT WOOD JOHNSON FOUNDATION (RWJF) ON HEALTH EQUITY CONCEPT NOTES.--SECURED $25,000 FROM JULIE H WALKER LEGACY FOUNDATION FOR STUDENT EMERGENCY MEDICAL TRAINING.IMPACT: THESE PARTNERSHIPS POSITIONED FMS AS A KEY INTERMEDIARY FOR PUBLIC HEALTH CAPACITY-BUILDING IN UNDERSERVED COMMUNITIES, ESPECIALLY THROUGH WORKFORCE-LINKED HEALTH INITIATIVES.
  • COMMUNITY ENGAGEMENT AND EVENTS:UNDER THE TRHT FRAMEWORK, FMS SUPPORTED SIX COMMUNITY PARTNERS-MILLSAPS COLLEGE, JACKSON STATE UNIVERSITY, TOUGALOO COLLEGE, MISSION MISSISSIPPI, NESHOBA YOUTH COALITION, AND THE ALLUVIAL COLLECTIVE-TO DESIGN AND LEAD LOCAL RACIAL HEALING PROGRAMS: - REACH: OVER 800 PARTICIPANTS STATEWIDE, SPANNING COMMUNITY DIALOGUES, STORYTELLING CIRCLES, AND SYMPOSIA. - HIGHLIGHTS:--MILLSAPS COLLEGE HOSTED JUNETEENTH ST01YTELLING FORUMS EXPLORING ECONOMIC EQUITY.--MISSION MISSISSIPPI LED "ONE COMMUNITY" DIALOGUES ACROSS BILOXI, HATTIESBURG, AND PICAYUNE.--TOUGALOO COLLEGE CONVENED "ROOTED IN RESILIENCE" FIRESIDE CHATS ON BLACK AGRICULTURAL EQUITY.--THE ALLUVIAL COLLECTIVE ADDRESSED JACKSON'S WATER CRISIS THROUGH ENVIRONMENTAL JUSTICE ROUNDTABLES. - TRHT MEDIA PROJECT:--PARTNERED WITH JACKSONIAN MEDIA TO DOCUMENT RACIAL HEALING EVENTS; FOUR MAJOR RECORDINGS WERE COMPLETED AND ARCHIVED (JUNE-JULY 2024). - EVALUATION: EVALUATOR RODNEY WASHINGTON RECEIVED NATIONAL RECOGNITION AS A ROBERT WOOD JOHNSON FOUNDATION CULTURE OF HEALTH LEADER, ELEVATING THE PROFILE OF THE MISSISSIPPI TRHT INITIATIVE.
    Expenses $1,147,746 · grants $426,500

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
72-1151070
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1991
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$22,414,415
Income (IRS master file)
$693,649

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$693,649$2,601,712$22,414,415IRS
990December 2023$2,008,336$2,588,683$22,533,472XML
990December 2022$1,593,028$1,757,905$19,522,565IRS
990December 2021$2,493,672$1,476,621$21,522,499IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 72-1151070).

Questions about FOUNDATION FOR THE MID SOUTH INC

What is the EIN of FOUNDATION FOR THE MID SOUTH INC?
The employer identification number (EIN) of FOUNDATION FOR THE MID SOUTH INC is 72-1151070.
Is FOUNDATION FOR THE MID SOUTH INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
Are donations to FOUNDATION FOR THE MID SOUTH INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FOUNDATION FOR THE MID SOUTH INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FOUNDATION FOR THE MID SOUTH INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FOUNDATION FOR THE MID SOUTH INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of FOUNDATION FOR THE MID SOUTH INC?
The 990 for the year ended December 31, 2024 names GREGORY JOHNSON.
Who are the officers and directors of FOUNDATION FOR THE MID SOUTH INC?
The 990 for the year ended December 31, 2024 lists 10 people; 2 received compensation from the organization, the highest $200,109 (GREGORY JOHNSON, PRESIDENT/CEO).
How much revenue does FOUNDATION FOR THE MID SOUTH INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $693,649, expenses of $2,601,712 and total assets of $22,414,415 at year end.

Other nonprofits in JACKSON

All nonprofits in JACKSON · Mississippi · Community improvement and capacity building