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Nonprofit · EIN 45-4136077

MISSISSIPPI ASSN OF FINANCIAL INSTITUTIONS OF DEPOSIT EDU FOUNDA

Tax-exempt · RIDGELAND, MS 39157

Financials

$340$21K2022$428$33K2023$10K$22K2024
Revenue Expenses · by fiscal year end
Financials of MISSISSIPPI ASSN OF FINANCIAL INSTITUTIONS OF DEPOSIT EDU FOUNDA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990-EZ$10,118$22,486-$12,368$220,236$1,000$219,236
June 30, 2024990-EZ$428$32,756-$32,328$238,643$7,039$231,604
June 30, 2023990-EZ$340$21,233-$20,893$263,932$1,000$262,932
Financial details: 990-EZ for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$10,000
Investment income
$118

Expenses

Grants and similar amounts paid
$15,500
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$1,175
Other expenses
$5,811
Program services (functional)
$21,434

Balance sheet and other

Total assets, start of year
$238,643
Total assets, end of year
$220,236
Total liabilities, end of year
$1,000
Net assets, end of year
$219,236
Cash, savings and investments
$220,236
Gross receipts
$10,118

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
MICHAEL DUDLEYDIRECTOR1$0
MITCH WAYCASTERDIRECTOR1$0
DUANE DEWEYDIRECTOR1$0
BRAD JONESDIRECTOR1$0
LILLOUS ANN SHOEMAKERDIRECTOR1$0
BROOKS CORDERDIRECTOR1$0
CHRIS ROBERTSDIRECTOR1$0
KIT MCCOYDIRECTOR1$0
GORDON FELLOWSSEC./TREAS.1$0
ROBBIE BARNESCHAIRMAN1$0
990-EZ for the year ended June 30, 2024: 10 people
NameTitleHours / weekCompensation
M RAY COLE JRDIRECTOR1$0
MITCH WAYCASTERDIRECTOR1$0
ROBBIE BARNESDIRECTOR1$0
BRAD JONESCHAIRMAN1$0
BROOKS CORDERDIRECTOR1$0
GAGE WALKERDIRECTOR1$0
MIKE STATENDIRECTOR1$0
JENNIFER WALLACEDIRECTOR1$0
CHRIS ROBERTSDIRECTOR1$0
GORDON FELLOWSSEC./TREAS.7.4$0
990-EZ for the year ended June 30, 2023: 10 people
NameTitleHours / weekCompensation
M RAY COLE JRPRESIDENT1$0
MITCH WAYCASTERVICE PRESIDE1$0
ANDREW ANDERSONDIRECTOR1$0
BRAD JONESDIRECTOR1$0
BROOKS CORDERDIRECTOR1$0
GAGE WALKERDIRECTOR1$0
HENRY LOGUEDIRECTOR1$0
JAY TINDALLDIRECTOR1$0
DREW KENNADIRECTOR1$0
GORDON FELLOWSSEC./TREAS.1$0

Address and contacts

Address (IRS master file)
409 WEST PARKWAY PLACE STE 100, RIDGELAND, MS 39157-6031
In care of
% MAC DEAVER
Signed the 990-EZ
GORDON FELLOWS, SEC./TREAS.
Phone
(601) 948-6366
Return prepared by
CORBIN & BIGGS PLLC

Mission

TO PROMOTE FINANCIAL AND BANKING EDUCATION IN MISSISSIPPI BY SUPPORTING THE MS ASSOCIATION OF FINANCIAL INSTITUTIONS OF DEPOSIT IN IMPLEMENTING PROGRAMS TO PROVIDE SCHOLARSHIPS AND DELIVER INSTRUCTION ON PERSONAL FINANCE.

990-EZ for the year ended June 30, 2025

Program accomplishments

  • TO FUND AND PROVIDE EDUCATIONAL SCHOLARSHIP PROGRAMS THAT WILL PROVIDE CASH AWARDS TO HIGH SCHOOL STUDENTS, COLLEGE STUDENTS, AND BANK EMPLOYEES.
    Expenses $21,434 · grants $15,500
  • TO SUPPORT THE DELIVERY OF FINANCIAL EDUCATION TO STUDENTS AND MEMBERS OF THE GENERAL PUBLIC THROUGHOUT THE STATE OF MISSISSIPPI.

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990-EZ on file
2023June 30, 2024November 15, 2024990-EZ on file

IRS record

EIN
45-4136077
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2012
Accounting year ends
June
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$220,236
Income (IRS master file)
$10,118

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZJune 2025$10,118$22,486$220,236IRS
990-EZJune 2024$428$32,756$238,643IRS
990-EZJune 2023$340$21,233$263,932XML
990-EZJune 2022–––IRS
990-EZJune 2021–––IRS
990-EZJune 2020–––IRS
990-EZJune 2019–––IRS
990-EZJune 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-4136077).

Questions about MISSISSIPPI ASSN OF FINANCIAL INSTITUTIONS OF DEPOSIT EDU FOUNDA

What is the EIN of MISSISSIPPI ASSN OF FINANCIAL INSTITUTIONS OF DEPOSIT EDU FOUNDA?
The employer identification number (EIN) of MISSISSIPPI ASSN OF FINANCIAL INSTITUTIONS OF DEPOSIT EDU FOUNDA is 45-4136077.
Is MISSISSIPPI ASSN OF FINANCIAL INSTITUTIONS OF DEPOSIT EDU FOUNDA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to MISSISSIPPI ASSN OF FINANCIAL INSTITUTIONS OF DEPOSIT EDU FOUNDA tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does MISSISSIPPI ASSN OF FINANCIAL INSTITUTIONS OF DEPOSIT EDU FOUNDA file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of MISSISSIPPI ASSN OF FINANCIAL INSTITUTIONS OF DEPOSIT EDU FOUNDA due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MISSISSIPPI ASSN OF FINANCIAL INSTITUTIONS OF DEPOSIT EDU FOUNDA last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
Who are the officers and directors of MISSISSIPPI ASSN OF FINANCIAL INSTITUTIONS OF DEPOSIT EDU FOUNDA?
The 990-EZ for the year ended June 30, 2025 lists 10 people; 0 received compensation from the organization.
How much revenue does MISSISSIPPI ASSN OF FINANCIAL INSTITUTIONS OF DEPOSIT EDU FOUNDA have?
On its 990-EZ for the year ended June 30, 2025 it reported revenue of $10,118, expenses of $22,486 and total assets of $220,236 at year end.

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