Central Hinds Development Foundation INC EIN 64-0947572

Central Hinds Development Foundation INC

EIN  64-0947572 Supporting organization Raymond, MS
Form 990 (PDF) Compare with another nonprofit →
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Size
<$100K
What they do
Supports Central Hinds Academy, Inc.
Leadership
Brett Basye · President
Money in and out
$71K revenue, $61K expenses
Bottom line
+14% net inflow

Supports Central Hinds Academy, Inc. For fiscal year 2025 it reported $71K in revenue, $61K in expenses, and $78K in net assets.Pt I

Money in and out · FY2025
Total revenue
$71K
Pt VIII · Ln 12
Total expenses
$61K
Pt IX · Ln 25
Net assets
$78K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $10K
Where spending went · Part IX cols B–D
Program services $1.00
Net inflow
+14%
revenue over expenses, this year▼ -83% vs prior filing year
Pass-through gifts
61%
of revenue from contributions▼ -11% vs prior filing year
Program spending
100%
of expenses reach stated programs0% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$71K
FY2025▼ -17%
Expenses
$61K
FY2025▲ +281%
Total assets
$78K
FY2025▲ +14%
Total liabilities
$0
FY2025
Total revenue
$71K
Pt VIII · Ln 12
Total expenses
$61K
Pt IX · Ln 25
Net assets
$78K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$10K
Total assetsPt X · Ln 16$78K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $61K of program spending, described in the organization's own filed words · FY2024.
01

Fundraising events for central hinds academy, inc., a mississippi non-profit corporation, an educational institution recognized as exempt pursuant to internal revenue code section 501(c)(3).

$61Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCentral Hinds Development Foundation INC
EINHdr · item D64-0947572
Principal addressHdr · item CRaymond, MS
WebsiteHdr · item Jwww.centralhinds.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMS
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B99)
Ruling yearIRS BMFDec 2002

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President
$0Pt VII · Sec A
President Elect
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$43K · 61%
Other revenue$28K · 39%
Contributions & grants61%$43K
Other revenue39%$28K
Total revenueLn 12$71K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$61K
Total functional expensesLn 25$61K

Balance Sheet

Part X · end of year
CashLn 1$78K
Total assetsLn 16$78K
Total liabilitiesLn 26$0
Total net assetsLn 32$78K
Months of cash on handcomputed15.4

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $78K · Operating expenses/yr $61K
15.4 months
Where the money goes
Program services
Program services $61K · Total expenses $61K
100%
Management & General
Management & general $0 · Total expenses $61K
0%
Fundraising
Fundraising $0 · Total expenses $61K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $34K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $43K · Total revenue $71K
61%
Government reliance
Government grants — · Total revenue $71K
Earned-income share
Program service revenue $0 · Total revenue $71K
0%
Investment reliance
Investment income $0 · Total revenue $71K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $61K
0%
Growth & trend
Revenue growth (YoY)
This year $71K · Prior year $85K
-17%
Net-asset trend (YoY)
End of year $78K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $71K · Expenses $61K
+14%
Liabilities-to-Assets
Total liabilities — · Total assets $78K
Net-asset ratio
Net assets $78K · Total assets $78K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $78K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Brett Basye · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $61K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $61K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth -17%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$71K revenue · viewing · ⤓ 990 PDF
FY2024$85K revenue · ⤓ 990 PDF
FY2023$0 revenue · ⤓ 990 PDF
FY2022$0 revenue · ⤓ 990 PDF
FY2021$0 revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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