Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $1,574,067

• 1f · All other contributions, gifts and grants

  $3,172,186

• 1g · Noncash contributions included above

  $50,291

• 2a · Program service revenue: TUITION AND REGISTRATION

  total $15,321,688 · related or exempt $15,321,688

• 3 · Investment income

  total $362 · excluded $362

• 11a · Other revenue: AUTISM TRICARE

  total $50,016 · excluded $50,016

• 11b · Other revenue: MISCELLANEOUS REVENUE

  total $244 · excluded $244

• 11e · Other revenue, total

  $50,260

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $611 · program services $611

• 5 · Compensation of officers, directors and key employees

  total $702,348 · management and general $702,348

• 7 · Other salaries and wages

  total $10,240,882 · program services $9,283,682 · management and general $957,200

• 8 · Pension plan contributions

  total $176,741 · program services $124,062 · management and general $52,679

• 9 · Other employee benefits

  total $769,585 · program services $700,358 · management and general $69,227

• 10 · Payroll taxes

  total $753,887 · program services $649,180 · management and general $104,707

• 11b · Fees: legal

  total $65,651 · program services $59,068 · management and general $6,583

• 11c · Fees: accounting

  total $83,955 · program services $78,214 · management and general $5,741

• 11g · Fees: other

  total $78,309 · program services $31,170 · management and general $47,139

• 12 · Advertising and promotion

  total $74,375 · program services $70,529 · management and general $3,846

• 13 · Office expenses

  total $473,408 · program services $451,001 · management and general $22,407

• 16 · Occupancy

  total $1,652,424 · program services $1,533,909 · management and general $118,515

• 17 · Travel

  total $154,780 · program services $109,130 · management and general $45,650

• 19 · Conferences, conventions and meetings

  total $31,736 · program services $24,554 · management and general $7,182

• 22 · Depreciation, depletion and amortization

  total $174,577 · program services $174,577

• 23 · Insurance

  total $103,621 · program services $96,459 · management and general $7,162

• 24a · Other expenses: TAXES AND LICENSES

  total $961,528 · program services $938,578 · management and general $22,950

• 24b · Other expenses: BUILDING MAINTENANCE

  total $287,403 · program services $287,403

• 24c · Other expenses: BAD DEBT

  total $166,378 · program services $166,378

• 24d · Other expenses: PROGRAM EXPENSE

  total $145,013 · program services $137,079 · management and general $7,934

• 24e · All other expenses

  total $124,839 · program services $95,062 · management and general $29,777

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $3,957 · end of year $35,622

• 2 · Savings and temporary cash investments

  beginning of year $329,975 · end of year $211,509

• 3 · Pledges and grants receivable

  end of year $584,751

• 4 · Accounts receivable

  beginning of year $1,640,728 · end of year $2,768,551

• 9 · Prepaid expenses and deferred charges

  end of year $62,129

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

  $4,167,956

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

  $2,281,545

• 10c · Land, buildings and equipment, net

  beginning of year $455,977 · end of year $1,886,411

• 14 · Intangible assets

  end of year $1,721,028

• 15 · Other assets

  beginning of year $18,522 · end of year $1,434,113

• 17 · Accounts payable and accrued expenses

  beginning of year $566,745 · end of year $912,145

• 19 · Deferred revenue

  beginning of year $116,416 · end of year $38,031

• 25 · Other liabilities

  beginning of year $1,559,020 · end of year $4,650,448

• 27 · Net assets without donor restrictions

  beginning of year $119,101 · end of year $2,988,578

• 28 · Net assets with donor restrictions

  beginning of year $87,877 · end of year $114,912

The filer's explanations (Part III)

FORM 990, SCHEDULE J, PART I, LINE 3

MISSISSIPPI CHILDREN'S HOME SERVICES, INC., A RELATED ORGANIZATION, USES A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEY OR STUDY, AND APPROVAL OF THE BOARD.

FORM 990, SCHEDULE J, PART I, LINE 7

ORGANIZATION EXECUTIVES RECEIVE ONE-TIME BONUSES, IF FUNDS ARE AVAILABLE, BASED ON BOTH COMPANY AND INDIVIDUAL PERFORMANCE. THEY ARE APPROVED BY THE BOARD OF DIRECTORS.