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Community Development : Housing and Neighborhood Development

Foundation for the Mid South

Three states, one community, one vision

four stars

90.38

134 East Amite Street Jackson, MS 39201
tel: (601) 355-8167   Web Site
EIN: 72-1151070

Board Leadership
Kay Kelly Arnold
Chair

CEO
Ivye L. Allen
President

  Score
(out of 100)
Rating
Overall Score & Rating 90.38 four stars
  Financial 87.01 three stars
  Accountability & Transparency 96.00 four stars
This rating was published 02/01/2018 and includes data from FY2016, the most recent 990 received at that time.

Created in 1990, the Foundation for the Mid South (FMS) is a regional development foundation serving Arkansas, Louisiana, and Mississippi. We seek to strengthen the capacities and resources of institutions and communities to improve the quality of life for all Mid Southerners. The FMS invests in people and strategies that build philanthropy and promote racial, social, and economic equity in Arkansas, Louisiana, and Mississippi. FMS is in the business of creating long-term sustainable change in the Mid South. To ensure success in all aspects of our work, FMS emphasizes the importance of: community engagement, inclusion, community philanthropy, partnerships, leadership and public policy improvement.

Created in 1990, the Foundation for the Mid South (FMS) is a regional development foundation serving Arkansas, Louisiana, and Mississippi. We seek to strengthen the capacities and resources of institutions and communities to improve the quality of life for all Mid Southerners. The FMS invests in people and strategies that build philanthropy and promote racial, social, and economic equity in Arkansas, Louisiana, and Mississippi. FMS is in the business of creating long-term sustainable change in the Mid South. To ensure success in all aspects of our work, FMS emphasizes the importance of: community engagement, inclusion, community philanthropy, partnerships, leadership and public policy improvement.

Impact Information

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Financial

three stars

87.01

Accountability & Transparency

four stars

96.00

This rating was published 02/01/2018 and includes data from FY2016, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
83.3%
  Administrative Expenses 15.6%
  Fundraising Expenses 0.9%
  Fundraising Efficiency < $0.01
  Working Capital Ratio (years) 4.70
  Program Expenses Growth -17.8%
  Liabilities to Assets 3.5%
All data for Financial Performance Metrics calculations was provided by Foundation for the Mid South on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Foundation for the Mid South on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Foundation for the Mid South (MS) 90.38 four stars
University City District (PA) 91.39 four stars
Enlace Chicago (IL) 88.22 three stars
Urban Affairs Coalition (PA) 90.58 four stars
Hispanics in Philanthropy (CA) 91.15 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,933,780
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $1,933,780
   Program Service Revenue $0
Total Primary Revenue $1,933,780
   Other Revenue $227,693
TOTAL REVENUE $2,161,473
   
EXPENSES  
   Program Expenses $1,219,498
   Administrative Expenses $271,995
   Fundraising Expenses $14,400
TOTAL FUNCTIONAL EXPENSES $1,505,893
   
Payments to Affiliates $0
Excess (or Deficit) for the year $655,580
   
Net Assets $14,970,297

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Community Development $769,989 63.1%
Education $351,423 28.8%
Wealth Building $61,832 5.1%

Ratings History
Foundation for the Mid South has received 3 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2015-12 02/01/2018 92.36 four stars
2015-12 02/01/2018 92.36 four stars
2014-12 06/01/2016 92.38 four stars
 
CN 2.0
2014-12 02/01/2016 84.61 three stars
2013-12 05/01/2015 82.98 three stars
2012-12 04/01/2014 86.51 three stars
2011-12 02/01/2013 84.32 three stars
2010-12 03/01/2012 84.32 three stars
2009-12 09/20/2011 85.14 three stars
 
CN 1.0
2009-12 04/01/2011 79.37 two stars
2008-12 07/01/2010 98.77 four stars
2007-12 05/01/2009 98.83 four stars
2006-12 04/01/2008 98.99 four stars
2005-12 03/01/2007 97.05 four stars
2004-12 06/01/2006 79.99 two stars
2003-12 11/01/2005 92.44 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 72-1151070
Name in IRS Master File FOUNDATION FOR THE MID SOUTH INC
NTEE Code S30
NTEE Classification Economic Development
NTEE Type Community Improvement, Capacity Building
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (400) Area development, redevelopment of renewal
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date January, 1991
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
  • December, 2012

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
$177,802 11.80% Ivye L. Allen President

Highly Rated

Charity Name & State Overall Score Overall Rating
Foundation for the Mid South (MS) 90.38 four stars
Together Colorado (CO) 86.19 three stars
Phillips Brook House Association (MA) 89.37 three stars
Community Services League (MO) 96.42 four stars
Metanoia (SC) 94.07 four stars

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Charity Contact Info

Foundation for the Mid South
134 East Amite Street
Jackson, MS 39201
tel: (601) 355-8167
fax: (601) 355-6499
EIN: 72-1151070

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Board Leadership

Kay Kelly Arnold
Chair

CEO

Ivye L. Allen
President

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