Skip to content
Nonprofiteer
← MISSISSIPPI GLOBAL ACADEMY

Form 990 for tax year 2024

Filed by MISSISSIPPI GLOBAL ACADEMY.

Totals

Total revenue
$202,712
Total expenses
$111,078
Contributions and grants received
$202,712
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$871,108
Total liabilities, end of year
$779,474
Net assets or fund balances, end of year
$91,634
Program services expenses (Part IX)
$75,887
Management and general expenses
$33,631
Fundraising expenses
$1,560
Program service expenses (Part III)
$75,887

Program services were 68.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $127,712

  • 1f · All other contributions, gifts and grants

    $75,000

  • 1g · Noncash contributions included above

    $0

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $40,982 · program services $40,982

  • 9 · Other employee benefits

    total $839 · program services $839

  • 10 · Payroll taxes

    total $3,288 · program services $3,288

  • 11b · Fees: legal

    total $8,408 · management and general $8,408

  • 11c · Fees: accounting

    total $16,992 · management and general $16,992

  • 11g · Fees: other

    total $27,486 · program services $19,258 · management and general $6,668 · fundraising $1,560

  • 12 · Advertising and promotion

    total $6,513 · program services $6,513

  • 13 · Office expenses

    total $1,030 · program services $1,030

  • 14 · Information technology

    total $1,200 · program services $1,200

  • 16 · Occupancy

    total $1,214 · program services $1,214

  • 23 · Insurance

    total $3,126 · program services $1,563 · management and general $1,563

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $0 · end of year $262,242

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $515

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $83,661

  • 4 · Accounts receivable

    beginning of year $0 · end of year $0

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $16,672

  • 10a · Land, buildings and equipment: cost or other basis

    $507,818

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $507,818

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $200

  • 17 · Accounts payable and accrued expenses

    beginning of year $0 · end of year $29,474

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $750,000

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $0 · end of year $91,634

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2024

Mission

Our mission is to enhance education for local students through a rigorous, internationally inspired curriculum enriched with technology, cultural exploration, and active community engagement.

Activities or mission (Part I)

Nonprofit charter school planning to serve students in grades 4-12 in the Mississippi Delta region

  • Mississippi Global Academy's application to open as a new, tuition-free, nonprofit charter school in Mississippi was approved by the Mississippi Charter School Authorizer Board.

    Expenses $75,887 · Revenue $202,712

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Lysa Scott

    Board Chair

    Total calculated
    $0
    Hours/week
    5
  • Janelle Jeter

    Vice Chair

    Total calculated
    $0
    Hours/week
    2
  • Lindsay Dawson

    Treasurer

    Total calculated
    $0
    Hours/week
    5
  • Kennard Speed

    Secretary

    Total calculated
    $0
    Hours/week
    5
  • Julianne Downing

    Board Member

    Total calculated
    $0
    Hours/week
    2
  • Tony Anderson

    Board Member

    Total calculated
    $0
    Hours/week
    2
  • Alexandra Migoya

    Board Member

    Total calculated
    $0
    Hours/week
    2
  • Kendall Marcus

    Board Member

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
13 May 2026
IRS schema version
2024v5.0
Source object
202611339349308391

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.