WOODWARD HINES EDUCATION FOUNDATION Charity Report

Public IRS 990 nonprofit record

WOODWARD HINES EDUCATION FOUNDATION

EIN 64-0860939 · Education (B820)

What they do

to Expand Equitable Access to and Completion of Postsecondary Credentials, Certificates, and Degrees That Lead to Meaningful Employment for More Mississippians. The Organization Does This By Providing College Planning and Access Services to Mississippians and Managing Mississippi Higher Education Assistance Corporation, A Non-profit Holder of FFELP Loans.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $76.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders19 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

114.85%of revenue went to mission work76.6% of expenses · Program services

$149.94spent for every $100 of revenueSpending was higher than revenue this year.

35.09%of revenue went to management and office costs23.4% of expenses

$25.63in assets for every $1 spent this yearSome assets cannot be spent right away.

38.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $2,925,809 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $364,027 for JAMES MCHALE (PRESIDENT/CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$5,858,250

Mission workProgram services$6,728,175114.85% of revenue76.6% of expenses

ManagementOffice and general costs$2,055,88435.09% of revenue23.4% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$8,784,059149.94% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 76.6% mission · 23.4% management · 0.0% fundraisingTotal expenses: 149.94% of revenue

2023Expense mix: 76.6% mission · 23.4% management · 0.0% fundraisingTotal expenses: 287.36% of revenue

2022Expense mix: 73.5% mission · 26.5% management · 0.0% fundraisingTotal expenses: 1,038.01% of revenue

2021Expense mix: 78.7% mission · 21.3% management · 0.0% fundraisingTotal expenses: 22.96% of revenue

2020Expense mix: 77.9% mission · 22.1% management · 0.0% fundraisingTotal expenses: 319.62% of revenue

2019Expense mix: 74.5% mission · 25.5% management · 0.0% fundraisingTotal expenses: 248.84% of revenue

2018Expense mix: 78.2% mission · 21.8% management · 0.0% fundraisingTotal expenses: 115.52% of revenue

2017Expense mix: 77.9% mission · 22.1% management · 0.0% fundraisingTotal expenses: 3.25% of revenue

Money in and money out

Revenue$5,858,250

Expenses$8,784,059

Annual shortfall $2,925,809 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$6,728,175 · 76.6% of expenses

Management and office costs$2,055,884 · 23.4% of expenses

See all reported dollar amounts

Revenue$5,858,250

Expenses$8,784,059

Assets$225,111,352

Income$28,699,052

Contributions$2,241,680

Mission work (program services)$6,728,175

Grants given$5,691,341

Average grant$71,142

Management and general$2,055,884

Stocks and bonds$34,838,260

Accounting fees$110,058

Investing fees$787,473

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JAMES MCHALEPRESIDENT/CEO · 40 hrs/week $364,027Base $293,500 · Other $70,527

WILLIAM ALVISCFO/TREASURER · 40 hrs/week $260,572Base $205,906 · Other $54,666

MINETTE KETCHINGSCOO/SECRETARY · 40 hrs/week $198,613Base $166,764 · Other $31,849

SHANELL WATSONCHIEF OF STAFF · 40 hrs/week $152,071Base $119,399 · Other $32,672

MORGAN MILLERDIRECTOR OF COMMUNICATIONS, · 40 hrs/week $131,039Base $102,709 · Other $28,330

NATHAN SLATERBOARD MEMBER/BOARD CHAIR · 2 hrs/week $10,800

JOHN HILLBOARD MEMBER · 1 hrs/week $7,800

ROBERT LEARDBOARD MEMBER · 1 hrs/week $7,200

CEDRIC BRADLEYBOARD MEMBER · 1 hrs/week $6,900

DEBRA MCGEEBOARD MEMBER/BOARD VICE CHAIR · 1 hrs/week $6,900

DAVID MARTINBOARD MEMBER · 1 hrs/week $6,300

MICHAEL CORMACKBOARD MEMBER · 1 hrs/week $5,700

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (19)

JAMES MCHALEPRESIDENT/CEO

WILLIAM ALVISCFO/TREASURER

MINETTE KETCHINGSCOO/SECRETARY

SHANELL WATSONCHIEF OF STAFF

MORGAN MILLERDIRECTOR OF COMMUNICATIONS,

NATHAN SLATERBOARD MEMBER/BOARD CHAIR

JOHN HILLBOARD MEMBER

ROBERT LEARDBOARD MEMBER

CEDRIC BRADLEYBOARD MEMBER

DEBRA MCGEEBOARD MEMBER/BOARD VICE CHAIR

DAVID MARTINBOARD MEMBER

MICHAEL CORMACKBOARD MEMBER

ERRICK SIMMONSBOARD MEMBER BEG 5/28/24

CARLA KIRKLANDBOARD MEMBER BEG 5/28/24

MIKE HIGHFIELDBOARD MEMBER BEG 5/28/24

ANDREW MULLINSBOARD MEMBER THROUGH 5/28/24

CAMILLE YOUNGBOARD MEMBER

HALEY FISACKERLYBOARD MEMBER

EDDIE CARLISLEBOARD MEMBER THROUGH 5/28/24

About this charity

Recognized since: January 1996
Location: PO BOX 5008, JACKSON, MS 39296-5008
County: Hinds
In care of: William F Alvis
Primary officer: William F Alvis, CFO

How to reach them

WebsiteVisit the charity’s website Emailcommunications@woodwardhines.org Phone(601) 321-5555 Officer phone(601) 321-5556

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: FORVIS MAZARS LLP
NTEE classification: Education (B820)
Grant-giving organization: Yes