Mississippi Junior Colleges Economic Development Foundation in
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO PROMOTE, ENCOURAGE, AND ASSIST ALL FORMS OF EDUCATION, RESEARCH, AND ECONOMIC DEVELOPMENT CONDUCTED BY THE FIFTEEN COMMUNITY AND JUNIOR COLLEGES IN THE STATE OF MISSISSIPPI BY RECEIVING, SOLICITING, ACCEPTING, AND ADMINISTERING FUNDS FOR EDUCATIONAL PURPOSES.
- Income
- $110,690
- Spending
- $90,613
- Spent on programs
- 89%
- Reserves
- 52.6 months of spending
- Largest source of income
- fees for its services, 53%
- Employees
- 0
- Volunteers
- 19
- Highest pay
- $30,000, executive director
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 90 out of 100.
Reserves
35 of 35Spendable reserves would cover 52.6 months of spending.
Debt
10 of 20It owes 35% of what it owns.
Living within its means
15 of 15Income exceeded spending by 18% of income.
Income trend
15 of 15Income rose 12% on the year before.
Spending floor
15 of 1589% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 94 out of 100.
Independent board
25 of 2519 of 19 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $61,115 spent. MISSISSIPPI COMMUNITY COLLEGE LEADERSHIP ACADEMYTHE MISSISSIPPI COMMUNITY COLLEGE LEADERSHIP ACADEMY (MCCLA) WAS FOUNDED IN 2009 TO PREPARE PROFESSIONALS AND OTHERS TO ASSUME GREATER LEADERSHIP ROLES IN THE COMMUNITY COLLEGE SYSTEM. THE MCCLA IS DESIGNED TO DRAW UPON THE WISDOM AND EXPERTISE OF COLLEGE PRESIDENTS AND OTHER INDIVIDUALS IN COLLEGE LEADERSHIP, AS WELL AS INDIVIDUALS WHO MAY PROVIDE A MORE GLOBAL VIEW OF THE COLLEGE AND ITS FUTURE.THIRTY PARTICIPANTS GRADUATED FROM THE MCCLA IN MAY OF 2025, BRINGING THE TOTAL NUMBER OF GRADUATES TO 539. GRADUATES WERE FROM PUBLIC COMMUNITY COLLEGES, THE MCCB, MISSISSIPPI STATE UNIVERSITY, AND MISSISSIPPI UNIVERSITY FOR WOMEN. THE STENNIS INSTITUTE OF GOVERNMENT AT MISSISSIPPI STATE UNIVERSITY PROVIDES ASSISTANCE AND AN ANNUAL GRANT OF $40,000.
- $14,673 spent. MISSISSIPPI COMMUNITY AND JUNIOR COLLEGE SPORTS HALL OF FAMETHE MISSISSIPPI COMMUNITY COLLEGE SPORTS HALL OF FAME (SHF) WAS CONCEIVED IN THE FALL OF 2006 AS A MEANS OF RECOGNIZING ATHLETES AND COACHES WHO HAVE PLAYED AND/OR COACHED IN ONE OR MORE OF MISSISSIPPI'S PUBLIC COMMUNITY AND JUNIOR COLLEGES. THE FIRST INDUCTION BANQUET WAS HELD AT CO-LIN IN APRIL 2007.MCCF WORKS WITH THE SHF EXECUTIVE COMMITTEE TO COORDINATE THE ANNUAL RECOGNITION BANQUET. FIFTEEN HONOREES WERE INDUCTED INTO THE HALL OF FAME AT A CEREMONY ON TUESDAY, APRIL 22, 2025, BRINGING THE TOTAL NUMBER OF MEMBERS TO 330.
- $4,500 spent. THE MISSISSIPPI LAND BANK SCHOLARSHIPTHE MISSISSIPPI LAND BANK ESTABLISHED THE MS LAND BANK ANNUAL SCHOLARSHIP IN APRIL OF 2006. IN FY 2025, A TOTAL OF $4,500 WAS AWARDED THROUGH THE MISSISSIPPI COMMUNITY COLLEGE FOUNDATION TO NORTHWEST COMMUNITY COLLEGE, NORTHEAST COMMUNITY COLLEGE, ITAWAMBA COMMUNITY COLLEGE, COAHOMA COMMUNITY COLLEGE, MISSISSIPPI DELTA COMMUNITY COLLEGE, AND EAST CENTRAL COMMUNITY COLLEGE TO RECOGNIZE OUTSTANDING STUDENTS.
- THE MOODY INSTITUTE TRUST FUND FELLOWSHIPSTHE MOODY INSTITUTE TRUST FUND (MITF) WAS ESTABLISHED IN 1990 IN HONOR OF DR. GEORGE V. MOODY, THE FIRST EXECUTIVE DIRECTOR OF THE STATE BOARD FOR COMMUNITY AND JUNIOR COLLEGES, NOW KNOWN AS THE MISSISSIPPI COMMUNITY COLLEGE BOARD (MCCB). THE PURPOSE OF THE MOODY INSTITUTE IS TO PROVIDE FUNDS FOR ENRICHMENT EXPERIENCES FOR FACULTY MEMBERS EMPLOYED IN MISSISSIPPI'S PUBLIC COMMUNITY COLLEGES. SUCH EXPERIENCES ARE TO BE RELATED TO THE RECIPIENTS' TEACHING AREAS. IN 2025, SEVEN FELLOWSHIP AWARDS WERE DISTRIBUTED, TOTALING $5,000.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 1987.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
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