Form 990 for tax year 2024

Filed by TO IMPROVE MISSISSIPPI ECONOMICS INC.

Totals

Total revenue: $2,924,267
Total expenses: $2,924,376
Contributions and grants received: $2,924,267
Grants paid: $64,183
Program service revenue: $0
Investment income: $0
Other revenue: $0
Total assets, end of year: $17,834
Total liabilities, end of year: $0
Net assets or fund balances, end of year: $17,834
Program services expenses (Part IX): $2,924,376
Management and general expenses: $0
Fundraising expenses: $0
Program service expenses (Part III): $2,924,376

Program services were 100.0% 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)

$2,774,267
1f · All other contributions, gifts and grants

$150,000
1g · Noncash contributions included above

$0
3 · Investment income

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
4 · Income from investment of tax-exempt bond proceeds

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

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
6d · Net rental income or loss

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
8a · Fundraising events: gross income

$0
8a · Fundraising events: contributions included on line 1c

$0
8b · Fundraising events: direct expenses

$0
8c · Net income from fundraising events

total $0 · unrelated business $0 · excluded $0
9a · Gaming: gross income

$0
9b · Gaming: direct expenses

$0
9c · Net income from gaming

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
11e · Other revenue, total

$0

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $64,183 · program services $64,183
2 · Grants to domestic individuals

total $0 · program services $0
3 · Grants to foreign organizations and individuals

total $0 · program services $0
5 · Compensation of officers, directors and key employees

total $351,167 · program services $351,167 · management and general $0 · fundraising $0
6 · Compensation of disqualified persons

total $0 · program services $0 · management and general $0 · fundraising $0
7 · Other salaries and wages

total $0 · program services $0 · management and general $0 · fundraising $0
8 · Pension plan contributions

total $0 · program services $0 · management and general $0 · fundraising $0
9 · Other employee benefits

total $0 · program services $0 · management and general $0 · fundraising $0
10 · Payroll taxes

total $72,317 · program services $72,317 · management and general $0 · fundraising $0
11a · Fees: management

total $0 · program services $0 · management and general $0 · fundraising $0
11b · Fees: legal

total $0 · program services $0 · management and general $0 · fundraising $0
11c · Fees: accounting

total $0 · program services $0 · management and general $0 · fundraising $0
11d · Fees: lobbying

total $0 · program services $0 · management and general $0 · fundraising $0
11e · Fees: professional fundraising services

total $0 · fundraising $0
11f · Fees: investment management

total $0 · program services $0 · management and general $0 · fundraising $0
11g · Fees: other

total $1,608,618 · program services $1,608,618 · management and general $0 · fundraising $0
12 · Advertising and promotion

total $38,500 · program services $38,500 · management and general $0 · fundraising $0
13 · Office expenses

total $47,020 · program services $47,020 · management and general $0 · fundraising $0
14 · Information technology

total $0 · program services $0 · management and general $0 · fundraising $0
15 · Royalties

total $0 · program services $0 · management and general $0 · fundraising $0
16 · Occupancy

total $0 · program services $0 · management and general $0 · fundraising $0
17 · Travel

total $40,000 · program services $40,000 · management and general $0 · fundraising $0
18 · Travel or entertainment for public officials

total $0 · program services $0 · management and general $0 · fundraising $0
19 · Conferences, conventions and meetings

total $702,571 · program services $702,571 · management and general $0 · fundraising $0
20 · Interest

total $0 · program services $0 · management and general $0 · fundraising $0
21 · Payments to affiliates

total $0 · program services $0 · management and general $0 · fundraising $0
22 · Depreciation, depletion and amortization

total $0 · program services $0 · management and general $0 · fundraising $0
23 · Insurance

total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $17,943 · end of year $17,834
2 · Savings and temporary cash investments

beginning of year $0 · end of year $0
3 · Pledges and grants receivable

beginning of year $0 · end of year $0
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 $0
10a · Land, buildings and equipment: cost or other basis

$0
10b · Land, buildings and equipment: accumulated depreciation

$0
10c · Land, buildings and equipment, net

beginning of year $0 · end of year $0
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 $0
17 · Accounts payable and accrued expenses

beginning of year $0 · end of year $0
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 $0
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 $17,943 · end of year $17,834
28 · Net assets with donor restrictions

beginning of year $0 · end of year $0

Mission and programs · 2024

Mission

To Improve Mississippi Economics Inc. T.I.M.E. Inc. is a statewide nonprofit organization dedicated to strengthening Mississippis communities through education innovation and economic empowerment. Our mission is to build strategic partnerships with local farmers businesses and educational institutions to promote sustainable agriculture expand access to technology and create opportunities for economic growth in both urban and rural areas. Through education workforce development and community engagement we work to equip individuals especially youth with the knowledge and resources needed to sustain a healthier more productive Mississippi.

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 urban market opportunities in coordination with UCOCs and FSA and developed detailed guidance with recommendations to inform the creation of a national program.

Expenses $2,284,042 · Grants $59,105
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 local and state NRCS offices and supported pathways for these producers to become retailers in the sustainable agriculture marketplace.

Expenses $255,795
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 agriculture and conservation services; and produced at least 10 hours of video and audio training content on climate-smart practices and NRCS services for urban agriculture in Jackson Mississippi.

Expenses $234,539 · Grants $5,078
Established the Mississippi Ag Innovation Center MAgIC to provide a two-year learning environment for 40 family units of urban socially disadvantaged gardeners and farmers delivering annual education technical assistance and hands-on training in business formation USDA program access financial literacy and enterprise development; instruction in innovative and intensive growing methods such as high tunnels portable raised beds vertical aeroponic towers and small-plot farming; application of climate-smart practices including water conservation drip irrigation aeroponic recycling and healthy soil cultivation; and comprehensive harvesting and food safety procedures covering pre-harvest sanitation safe transport post-harvest cooling and proper washing for market readiness.

Expenses $150,000

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

Listed in Part VII

Cindy A Elliott

President-CEO

Total calculated

$157,494

From this org

$157,494

From related orgs

$0

Other

$0

Hours/week

40

Schedule J breakdown matched by us

Base

$157,494

Bonus

$0

Other

$0

Deferred

$0

Nontaxable benefits

$0

Filer's total

$157,494
LaGrand Elliott

Co-Private Investigator and Project

Total calculated

$58,499

From this org

$58,499

From related orgs

$0

Other

$0

Hours/week

40
Frances Martin

Co-Private Investigator

Total calculated

$31,334

From this org

$31,334

From related orgs

$0

Other

$0

Hours/week

8.33
Wendy Williams

Project Support

Total calculated

$12,000

From this org

$12,000

From related orgs

$0

Other

$0

Hours/week

10
Cedric Jenkins

Admin Support Assistant

Total calculated

$21,082

From this org

$21,082

From related orgs

$0

Other

$0

Hours/week

22
William Evans

Urban Ag Specialist

Total calculated

$22,397

From this org

$22,397

From related orgs

$0

Other

$0

Hours/week

12
Eric Elliott

Project Support Assistant

Total calculated

$29,999

From this org

$29,999

From related orgs

$0

Other

$0

Hours/week

21
Adrenace Williams

Co- Private Investigator

Total calculated

$31,500

From this org

$31,500

From related orgs

$0

Other

$0

Hours/week

10

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

3 · Written employment contract
5a · Pay contingent on this organization's revenues

Answered no

4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement
5b · Pay contingent on a related organization's revenues
6a · Pay contingent on this organization's net earnings
6b · Pay contingent on a related organization's net earnings
7 · Other non-fixed payments
8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Part I Line 5: Compensation based on funds received from grantmaking organization.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Memphis Dawah

$16,237

Conference Fees and Travel
Widget Business Training Company

$16,000

Conference Fees and Related Travel
Zion United Methodist Church

$13,493

Conference Fees and Travel
Mentorscope Community Outreach

$7,700

Conference Fees and Travel
Black United Fund of Texas

$5,675

Conference Fees and Travel
Allegheny Conservation District

$5,078

Conference Fee and Travel

Provenance

Return type: form_990
Tax year: 2024
Filed: 11 February 2026
IRS schema version: 2024v5.1
Source object: 202600429349300500

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.