NonprofitsInnovate Mississippi

Science & Technology

Innovate Mississippi

JACKSON, MS

Total revenue

$2.6M

Total expenses

$2.0M

Net assets

$1.1M

Grants received

$1.0M

9 grants

EIN

640901569

Tax year

2023

Mission

The purpose of the organization is to drive innovation and technology-based economic development for the state of mississippi.

Financials

FY 2023

Revenue

Contributions & grants$2.3M
Program service revenue$81K
Investment income$137K
Other revenue$48K
Total revenue$2.6M

Expenses

Grants paid$183K
Salaries & benefits$597K
Fundraising
Other expenses$1.2M
Total expenses$2.0M
Total assets$6.8M
Net assets$1.1M

People

13 listed

NameRoleCompensation

JAMES ANTHONY JEFF JR

PRESIDENT

Board

$137K

40 hrs/wk

JANET PARKER

SECRETARY

Board

$100K

40 hrs/wk

JOHN WALTERS

DIRECTOR

Board

1 hrs/wk

LAURA HIPP MAYER

DIRECTOR

Board

1 hrs/wk

MARK HENDERSON

DIRECTOR

Board

1 hrs/wk

NASHLIE SEPHUS

DIRECTOR

Board

1 hrs/wk

R MAYO FLINT III

DIRECTOR

Board

1 hrs/wk

RACHEL M DEVAUGHAN-PATRICK

DIRECTOR

Board

1 hrs/wk

BRAD MCMULLAN

DIRECTOR

Board

1 hrs/wk

ASHBY FOOTE

DIRECTOR

Board

1 hrs/wk

GERARD GIBERT

DIRECTOR

Board

1 hrs/wk

Robert H Buseck

MS Coding Academies Executive Director

Staff

$116K

40 hrs/wk

LINDSEY W BENEFIELD

INVESTMENT DIRECTOR

Staff

$100K

40 hrs/wk

Independent contractors

Anne Turner PC

LEGAL SERVICES

$285K

Grants received

Showing 9 of 9

FromAmountPurposeYear
$140K
Jobs and Family Economic Security
2023
$3K
Program Support
2023
$140K
accelerate economic mobility and prosperity for minority and women owned businesses by building their capacity through participation in an entrepreneurial bootcamp to help them be competitive and qualify to participate in a statewide accelerator program
2022
$10K
Education
2020
$460K
create a network and provide technical assistance for low-income, minority and women-owned technology-based businesses, along with access to capital through the creation of a revolving loan fund
2019
$130K
increase opportunities for low-income young adults to access high quality, sustainable wage coding and technology employment through establishing a coding academy to provide educational activities and direct access to employers for young adults who reside in the city of Jackson
2017

Funded by

$1.0M from 4 funders · 9 grants · 2017–2023

WK Kellogg Foundation

$870K · 4 grants · 2017–2023

American Online Giving Foundation Inc

$160K · 3 grants · 2021–2023

At&T Foundation

$10K · 1 grant · 2020

Enterprise Holdings Foundation

$3K · 1 grant · 2023

Details

EIN640901569
NTEE codeU022
Subsection03
Ruling date1999-03
Formed1998
Employees14
Volunteers9
INNOVATE MISSISSIPPI — Mission, Financials & Grants Received | Grantivo