Delta Council FY2022 filing

Not tax-deductible

Stoneville, MS501(c)(6)EIN 64-0146125

Improvement of the business conditions of agriculture and trade in the mississippi delta communities and in industrial development in the mississippi delta

81¢ of each $1 spent went to programs.
$260K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $286K a year · 19% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$260K
to officers and key staff · 19% of spending
Fine: pay to officers and key staff is 19% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 5.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $50K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$124K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.5M
-11% vs prior year
Spent
$1.4M
To programs
81%
Net assets
$4.0M
By yearFY2020–FY2024
Revenue
$1.5M
FY2022▼ -11%
Revenue by fiscal year
FY2020$1.4M
FY2021$1.7M
FY2022$1.5M
FY2023$1.3M
FY2024$1.5M
Expenses
$1.4M
FY2022▼ -2%
Expenses by fiscal year
FY2020$1.1M
FY2021$1.4M
FY2022$1.4M
FY2023$1.0M
FY2024$1.2M
Net assets
$4.0M
FY2022▲ +4%
Net assets by fiscal year
FY2020$3.5M
FY2021$3.8M
FY2022$4.0M
FY2023$4.3M
FY2024$4.6M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 1939.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $1.1M Management & general 19% · $267K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

1 person listed on the 990; $260K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$260,000Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Frank Howell$270,815$260,000$260,000$245,000$250,040

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Boosts agriculture, trade, and industrial growth in Mississippi Delta communities.

Provided by the organization

This section is blank until Delta Council claims this page.

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1 program service, described in the organization's own filed words · FY2022.
01

Improvement of the business conditions of agriculture and trade in the mississippi delta communities and in industrial development in the mississippi delta

Pt IX · col B

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$50K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$1.5M
Ln 12
Gifts and grantsLn 1h$1.1M
Other incomeLn 4–11$329K
Investment incomeLn 3$79K
Money outPt IX
$1.4M
Ln 25
Programscol B$1.1M
Managementcol C$267K
Owns and owesPt X
$4.0M
net assets · Ln 32
Cash and savingsLn 1–2$610K
Total assetsLn 16$4.1M
LiabilitiesLn 26$124K
PeoplePt VI, VII
1
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.1M
Government grantsLn 1e$135K
Investment incomeLn 3$79K
Other incomeLn 4–11$329K
Total revenueLn 12$1.5M
Assets in detailPt X, end of year
CashLn 1$386K
SavingsLn 2$224K
Cash and savings togetherLn 1–2$610K
InvestmentsLn 11–13$3.4M
Land, buildings, equipmentLn 10c$33K
Other assetsLn 15$7K
Total assetsLn 16$4.1M
LiabilitiesLn 26$124K
Net assetsLn 32$4.0M
OperationsPt I, VI
EmployeesI 55
VolunteersI 6300
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$571K$610K
InvestmentsLn 11–13$3.3M$3.4M
Land, buildings, equipmentLn 10c$46K$33K
Total assetsLn 16$4.0M$4.1M
LiabilitiesLn 26$188K$124K
Net assetsLn 32$3.8M$4.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$800K$800K
Pension plan contributionsLn 8$34K$34K
Other employee benefitsLn 9$27K$27K
Legal feesLn 11b$7K$7K
Investment management feesLn 11f$30K$30K
Other fees for servicesLn 11g$124K$68K$56K
Advertising and promotionLn 12$16K$16K
Office expensesLn 13$66K$47K$19K
Information technologyLn 14$30K$30K
OccupancyLn 16$60K$60K
TravelLn 17$97K$97K
Conferences, conventions and meetingsLn 19$1K$1K
InterestLn 20$4K$4K
Depreciation, depletion and amortizationLn 22$17K$17K
InsuranceLn 23$5K$5K
Other expenses (24a–d)Ln 24$61K$54K$7K
Total functional expensesLn 25$1.4M$1.1M$267K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.5M$1.2M$318K$4.6M 990 PDF
FY2023 $1.3M$1.0M$332K$4.3M 990 PDF
FY2022 Viewing $1.5M$1.4M$155K$4.0M 990 PDF
FY2021 $1.7M$1.4M$313K$3.8M 990 PDF
FY2020 $1.4M$1.1M$311K$3.5M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $1,535,156 across 7 lines filed
VIII-1b Membership dues$666,674
VIII-1e Government grants$135,410
VIII-1f All other contributions, gifts and grants$325,332
VIII-1h Total contributions, gifts and grants$1,127,416
VIII-3 Investment incomeRelated to mission $78,128 · Excluded from tax $1,012$79,140
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $93,431 · Excluded from tax $235,169$328,600
VIII-12 Total revenueRelated to mission $171,559 · Excluded from tax $236,181$1,535,156
Part IX · Statement of functional expenses $1,379,917 across 16 lines filed
IX-7 Other salaries and wagesPrograms $799,951$799,951
IX-8 Pension plan contributionsManagement $34,254$34,254
IX-9 Other employee benefitsManagement $26,525$26,525
IX-11b Legal feesManagement $6,996$6,996
IX-11f Investment management feesPrograms $30,407$30,407
IX-11g Other fees for servicesPrograms $67,776 · Management $56,460$124,236
IX-12 Advertising and promotionPrograms $15,847$15,847
IX-13 Office expensesPrograms $46,738 · Management $19,382$66,120
IX-14 Information technologyManagement $30,365$30,365
IX-16 OccupancyManagement $59,721$59,721
IX-17 TravelPrograms $97,034$97,034
IX-19 Conferences, conventions and meetingsPrograms $1,280$1,280
IX-20 InterestManagement $4,132$4,132
IX-22 Depreciation, depletion and amortizationManagement $16,696$16,696
IX-23 InsuranceManagement $5,097$5,097
IX-24 Other expenses (24a–d)Programs $54,218 · Management $7,038$61,256
IX-25 Total functional expensesPrograms $1,113,251 · Management $266,666 · Fundraising $0$1,379,917
Part X · Balance sheet $4,081,642 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $347,901$385,731
X-2 Savings and temporary cash investmentsStart of year $222,925$223,930
X-3 Pledges and grants receivable$42,000
X-4 Accounts receivableStart of year $27,785$25,531
X-9 Prepaid expenses and deferred charges$12,447
X-10c Land, buildings and equipment, netStart of year $46,240$32,673
X-11 Publicly traded securitiesStart of year $3,304,733$3,352,453
X-15 Other assetsStart of year $41,224$6,877
X-16 Total assetsStart of year $3,990,808$4,081,642
X-17 Accounts payable and accrued expensesStart of year $133,561$54,217
X-19 Deferred revenueStart of year $21,854$44,905
X-24 Unsecured notes and loans payableStart of year $32,650$24,538
X-26 Total liabilitiesStart of year $188,065$123,660
X-27 Net assets without donor restrictionsStart of year $3,802,743$3,957,982
X-32 Total net assets or fund balancesStart of year $3,802,743$3,957,982
X-33 Total liabilities and net assetsStart of year $3,990,808$4,081,642
Part XI · Reconciliation of net assets $3,957,982 net assets at year end
XI-1 Total revenue$1,535,156
XI-2 Total expenses$1,379,917
XI-3 Revenue less expenses$155,239
XI-4 Net assets at start of year$3,802,743
XI-10 Net assets at end of year$3,957,982

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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