Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 1994.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
100 cents of each dollar spent went to programs.
Form 990 Part IX, line 25. Every line is in By the numbers.
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Who runs it and what they're paid
19 people listed on the 990.
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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
Improves Biloxi's educational programs.
This section is blank until Biloxi First INC claims this page.
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Excel by 5 is a community-based certification program designed to improve a child's overall well-being by age five.
Endowment to the gulf coast community foundation for use in the "named grant program"
150TH celebration fund is used for teacher recruitment and retention at the biloxi school district
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2021 990, line by line.
Download 990
| Line | Start FY21 | End FY21 |
|---|---|---|
| Cash and savingsLn 1–2 | $250K | $224K |
| InvestmentsLn 11–13 | $890K | $920K |
| Total assetsLn 16 | $1.1M | $1.1M |
| LiabilitiesLn 26 | $0 | $0 |
| Net assetsLn 32 | $1.1M | $1.1M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Office expensesLn 13 | $6K | $6K | ||
| InsuranceLn 23 | $2K | $2K | ||
| Other expenses (24a–d)Ln 24 | $87K | $87K | ||
| All other expensesLn 24e | $303 | $303 | ||
| Total functional expensesLn 25 | $95K | $95K | $0 | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $160K | $148K | $12K | $1.2M | 990 PDF |
| FY2023 | $141K | $67K | $73K | $1.2M | 990 PDF |
| FY2022 | $86K | $78K | $8K | $1.2M | 990 PDF |
| FY2021 Viewing | $100K | $95K | $4K | $1.1M | 990 PDF |
| FY2020 | $116K | $135K | −$20K | $1.1M | 990 PDF |
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Schedules filed Part IV
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $99,719 across 7 lines filed
Part IX · Statement of functional expenses $95,428 across 4 lines filed
Part X · Balance sheet $1,144,389 assets, 7 lines filed
Part XI · Reconciliation of net assets $1,144,389 net assets at year end
Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File
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