Mid-South Immigration Advocates Inc.
Fiscal Year
Fiscal Year Start
01/01/2023
Fiscal Year End
12/31/2023
Projected Revenue
$1,207,300.00
Projected Expenses
$1,191,639.99
Organizational Budgets and Other Documents
| MIA Budget 2023 | 2023 |
| MIA Budget 2022 | 2022 |
| Projected Budget | 2020 |
IRS Letter of Exemption
| IRS Letter of Determination | 2013 |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Revenue | $2,134,334.00 | $1,050,321.00 | $980,073.00 |
| Total Expenses | $1,139,203.00 | $1,056,211.00 | $837,536.00 |
| Revenue Less Expenses | $995,131.00 | ($5,890.00) | $142,537.00 |
Revenue Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Foundation and Corporation Contributions | $1,257,257.00 | $73,500.00 | $0.00 |
| Government - Federal | $65,090.00 | $241,700.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $0.00 | $0.00 | $330,652.00 |
| Contributions, Gifts, and Grants | $5,218.00 | $41,735.00 | $113,898.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $807,011.00 | $693,311.00 | $529,698.00 |
| Investment Income, Net of Losses | $-212.00 | $75.00 | $47.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $0.00 | $0.00 | $0.00 |
| Revenue In-Kind | $0.00 | $0.00 | $0.00 |
| Other | $0.00 | $0.00 | $5,778.00 |
Expense Allocation
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Program Expense | $942,773.00 | $888,221.00 | $705,158.00 |
| Administration Expense | $196,430.00 | $167,990.00 | $132,378.00 |
| Fundraising Expense | $0.00 | $0.00 | $0.00 |
| Total Revenue/Total Expenses | 187% | 99% | 117% |
| Program Expense/Total Expenses | 83% | 84% | 84% |
| Fundraising Expense/Contributed Revenue | 0% | 0% | 0% |
Top Funding Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Foundation and Corporations $1,257,257.00 | Program Revenue $693,311.00 | Program Revenue $529,698.00 |
| Second Highest Funding Source & Dollar Amount | Program Revenue $807,011.00 | Federal Government Grants $241,700.00 | Government Grants $330,652.00 |
| Third Highest Funding Source & Dollar Amount | Federal Government Grants $65,090.00 | Foundations and Corporate Grants $73,500.00 | Contributions, Gifts, and Grants $113,898.00 |
Assets and Liabilities
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $1,393,583.00 | $315,741.00 | $315,370.00 |
| Current Assets | $988,629.00 | $290,474.00 | $284,872.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Current Liabilities | $117,552.00 | $35,283.00 | $29,022.00 |
| Total Net Assets | $1,275,589.00 | $280,458.00 | $286,348.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2024
Solicitations Permit
Form 990s
| 990 | 2022 |
| 990 | 2021 |
| 2020 Mid-South Immigration Advocates 990 | 2020 |
| Form 990 | 2019 |
| Form 990 | 2018 |
| Form 990 | 2017 |
| Form 990 | 2016 |
Audit Documents
| Audit | 2022 |
| Audit | 2021 |
| Mid-South Immigration Advocates Inc-Final Report MSIA | 2020 |
| Audited Financials | 2019 |
| Audited Financials 2017 & 2018 | 2018 |
| Audited Financials 2015 & 2016 | 2016 |
Foundation Staff Comments
| Financial figures taken from the Form 990. Form 990 represents regional organization based in Memphis. Form 990 was prepared by Watkins Uiberall, PLLC Comments provided by Hayley Sulfridge 9/20/2023. |
