To Improve Mississippi Economics INC EIN 84-2301757

To Improve Mississippi Economics INC

EIN  84-2301757 Public charity (501(c)(3)) Jackson, MS Founded 2019
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 8/30/26 · see original filing: IRS
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Size
$1–10M
What they do
Improves Multiple Sclerosis economics by providing training and resources.
Leadership
Cindy a Elliott · President-Ceo · $157K
Money in and out
$2.9M revenue, $2.9M expenses
Bottom line
100% program efficiency

Improves Multiple Sclerosis economics by providing training and resources. For fiscal year 2024 it reported $2.9M in revenue, $2.9M in expenses, and $18K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$2.9M
Pt VIII · Ln 12
Total expenses
$2.9M
Pt IX · Ln 25
Net assets
$18K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$109
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs0% vs prior filing year
Operating runway
0.1mo
months of highly liquid reserves at operating expense rate▼ -83% vs prior filing year
Surplus margin
0%
revenue over expenses, this year▲ +100% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$2.9M
FY2024▲ +811%
Expenses
$2.9M
FY2024▲ +682%
Total assets
$18K
FY2024▼ -95%
Total liabilities
$0
FY2024▼ -100%
Total revenue
$2.9M
Pt VIII · Ln 12
Total expenses
$2.9M
Pt IX · Ln 25
Net assets
$18K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$109
Total assetsPt X · Ln 16$18K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 42
Mission & Programs · Part III

Where the work happens

3 program services account for $2.8M of program spending, described in the organization's own filed words · FY2024.
01

Promoted awareness of FSA programs and services among urban producers increased participation in available FSA opportunities prepared urban agricultural producers to successfully apply for FSA assistance monitored up to 11 pilot UCOCs in delivering technical assistance and completing FSA applications provided oversight to expand local…

$2.3Mprogram expense
02

Provided training on climate-smart and resource-conserving growing systems e.g. high tunnels drip irrigation aeroponics hydroponics raised beds cover crops and crop rotation expanded participation of socially disadvantaged and veteran farmers in USDA-NRCS programs and Inflation Reduction Act opportunities strengthened connections with…

$256Kprogram expense
03

Trained 50 or more families-including at least 40 Black women in the Jackson urban area-to use climate-smart techniques to grow gardens or urban agricultural spaces; introduced participants to NRCS resources related to farming land ownership and climate-smart conservation strategies; exposed families and women to potential careers in…

$235Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTo Improve Mississippi Economics INC
EINHdr · item D84-2301757
Principal addressHdr · item CJackson, MS
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2019
State of legal domicileHdr · item MMS
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFood & Agriculture (K20)
Ruling yearIRS BMFMay 2021

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President-Ceo
$157,494Pt VII · Sec A
Co-Private Investigator and Project
$58,499Pt VII · Sec A
Co- Private Investigator
$31,500Pt VII · Sec A
Co-Private Investigator
$31,334Pt VII · Sec A
Project Support Assistant
$29,999Pt VII · Sec A
Urban Ag Specialist
$22,397Pt VII · Sec A
Admin Support Assistant
$21,082Pt VII · Sec A
Project Support
$12,000Pt VII · Sec A

Cindy a Elliott’s $157K as President-Ceo is at the 85th percentile of top reported officer pay among 819 $1–10M food & agriculture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023
Cindy a Elliott$157,494$52,380
Lagrand Elliott$58,499
Adrenace Williams$31,500$51,300
Frances Martin$31,334$5,621
Eric Elliott$29,999
William Evans$22,397
Cedric Jenkins$21,082
Wendy Williams$12,000

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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Statement of Revenue

Part VIII
Contributions & grants100%$2.9M
— government grantsLn 1e$2.8M
Total revenueLn 12$2.9M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$2.9M
Total functional expensesLn 25$2.9M

Balance Sheet

Part X · end of year
CashLn 1$18K
Total assetsLn 16$18K
Total liabilitiesLn 26$0
Total net assetsLn 32$18K
Months of cash on handcomputed0.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $18K · Operating expenses/yr $2.9M
0.1 months
Where the money goes
Program services
Program services $2.9M · Total expenses $2.9M
100%
Management & General
Management & general $0 · Total expenses $2.9M
0%
Fundraising
Fundraising $0 · Total expenses $2.9M
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $158K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $2.9M · Total revenue $2.9M
100%
Government reliance
Government grants $2.8M · Total revenue $2.9M
95%
Earned-income share
Program service revenue $0 · Total revenue $2.9M
0%
Investment reliance
Investment income $0 · Total revenue $2.9M
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $2.9M
0%
Growth & trend
Revenue growth (YoY)
This year $2.9M · Prior year $321K
+811%
Net-asset trend (YoY)
End of year $18K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.9M · Expenses $2.9M
0%
Liabilities-to-Assets
Total liabilities — · Total assets $18K
Net-asset ratio
Net assets $18K · Total assets $18K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $18K
0%
People & payroll
Highest Reported Total Compensation
Individual Cindy a Elliott · Reported title President-CEO · Highest reported compensation $157K · Total expenses $2.9M
5%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $423K · Total expenses $2.9M
14%
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 811%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

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.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$15K
Grants paid · 6 grants · $64K · 2024–2024
Memphis DawahFY2024$16,237
Widget Business Training CompanyFY2024$16,000
Zion United Methodist ChurchFY2024$13,493
Allegheny Conservation DistrictFY2024$5,078

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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
FY2024 (Latest)$2.9M revenue · viewing · ⤓ 990 PDF
FY2023$321K revenue · ⤓ 990 PDF
FY2022$157K revenue · ⤓ 990 PDF
FY2021$268K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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