Mississippi Higher Education Assistance Corporation

Jackson, Mississippi

B+Health Score
72B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

💰
$9.8M
Total Revenue
📊
$9.0M
Total Expenses
🏦
$33.8M
Net Assets
📋
$83.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+35.0%
Year-over-year change (2022 → 2023)
Net Margin
+7.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.75
Net assets divided by total expenses
Liabilities-to-Assets
71.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$9,781,34135%$9,009,97343%$117,087,25315%
2022$7,247,3266%$6,296,4928%$137,650,11718%
2021$7,686,36210%$5,811,31222%$167,450,53010%
2020$8,513,20320%$7,410,86627%$186,025,10010%
2019$10,681,3526%$10,174,8661%$206,722,91810%
2018$11,387,74015%$10,275,03494%$229,119,47611%
2017$13,476,18219%$168,401,6141059%$256,539,85641%
2016$11,303,23523%$14,530,2447%$437,076,7239%
2015$14,726,76132%$15,700,3788%$481,057,40411%
2014$21,776,1065%$17,040,20616%$542,661,53410%
2013$23,002,83464%$20,375,50036%$494,700,69624%
2012$64,613,409123%$32,064,95860%$650,088,48842%
2011$28,928,469$20,010,441$1,114,008,439

Frequently Asked Questions

What does Mississippi Higher Education Assistance Corporation do?

Mississippi Higher Education Assistance Corporation is a public & societal benefit nonprofit organization based in Mississippi. It is classified under NTEE code W60 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Mississippi Higher Education Assistance Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Mississippi Higher Education Assistance Corporation has a score of 72/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Mississippi Higher Education Assistance Corporation generate?

Mississippi Higher Education Assistance Corporation reports $8.6M in annual revenue and holds $98.6M in total assets, based on IRS filings.

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