TOTAL REVENUE - FISCAL 2025
$7,854,955
Down 22.5% from $10,132,754 in fiscal 2024.
Community Foundation Of Northwest
Hernando, Mississippi - EIN 94-3421724 - Latest filing: fiscal 2025 (Jan 1, 2025 - Dec 31, 2025)
HOW TO READ THIS PAGE
How to read this page: every figure below is from the fiscal-2025 Form 990, filed Sep 15, 2026. People named below are shown as reported on the fiscal-2025 Form 990, filed Sep 15, 2026 - the filing is a snapshot of that fiscal year, not a list of current officeholders.
THE FILING IN ONE PARAGRAPH
Community Foundation Of Northwest reported $7,854,955 in revenue and $8,305,536 in expenses in fiscal 2025, a deficit of $450,581 for the year. Program services took $7,824,023 of expenses, or 94.2%. The organization closed the year with $47,781,785 in net assets - about 69.0 months of expenses at the fiscal-2025 spending level.
At a Glance - Fiscal 2025
All values are fiscal 2025 unless a tile says otherwise.
TOTAL EXPENSES - FISCAL 2025
$8,305,536
Revenue minus expenses: -$450,581 in fiscal 2025.
PROGRAM EXPENSE SHARE - FISCAL 2025
94.2%
$7,824,023 of $8,305,536 went to program services.
NET ASSETS - END OF FISCAL 2025
$47,781,785
Total assets $52,232,377 minus total liabilities $4,450,592.
TOP EXECUTIVE PAY - FISCAL 2025
$157,590
Keith Fulcher, President & CEO, as reported on the fiscal-2025 Form 990, filed Sep 15, 2026. Total across all compensation columns.
PEOPLE REPORTED - FISCAL 2025
10 Employees
Plus 450 volunteers reported on the fiscal-2025 Form 990.
Money In, Money Out - Fiscal 2025
Revenue and expenses as reported on the fiscal-2025 Form 990, filed Sep 15, 2026. Donated goods are separated from cash so food and supply donations do not read as cash income.
Where the Money Went - Fiscal 2025
Management and general is the figure reported on the filing (Part IX total); where a filing does not carry it, it is computed as the residual of total expenses minus program and fundraising expenses. Cost to raise a dollar in fiscal 2025: $0.01 - $53,527 in fundraising expenses divided by $4,957,057 in total contributions. On cash contributions only: $0.01.
Where the Money Came From - Fiscal 2025
| Source | Fiscal 2025 |
|---|---|
| Total Contributions | $4,957,057 |
| Of Which Cash Contributions | $4,326,702 |
| Of Which Donated Goods (Noncash) | $630,355 |
| All Other Contributions | $4,957,057 |
| Program Service Revenue | $448,334 |
| Investment Income | $2,467,721 |
| Other Revenue | -$18,157 |
| Total Revenue (All Sources) | $7,854,955 |
Government Grants - Not Broken Out
The fiscal-2025 Form 990 does not break out government grants as a separate line for this organization. This page shows Not Broken Out instead of estimating a figure.
The fiscal-2025 Form 990 does not break out government grants as a separate line for this organization. This page shows Not Broken Out instead of estimating a figure.
Reserves and Balance Sheet - Fiscal 2025
Reserves and Runway
69.0 Months
of reserves - $47,781,785 in net assets at the end of fiscal 2025, divided by average monthly expenses of about $692,128 in fiscal 2025.
Net assets can include donor-restricted funds, buildings and other assets that cannot be spent like cash. Treat months of reserves as a scale measure, not as cash in the bank.
Balance Sheet - End of Fiscal 2025
| Total Assets | $52,232,377 |
| Total Liabilities | $4,450,592 |
| Liabilities as Share of Assets | 8.5% |
| Net Assets | $47,781,785 |
Leadership Pay - Fiscal 2025
Pay is the summed total across all compensation columns on the Form 990 - pay from the organization, pay from related organizations, and other compensation. People are shown as reported on the fiscal-2025 Form 990, filed Sep 15, 2026.
| Name and Title, as Reported | Total Pay - Fiscal 2025 | Share of Expenses |
|---|---|---|
| Keith Fulcher - President & CEO | $157,590 | 1.90% |
| Tom Pittman - Pres Emeritus | $51,500 | 0.62% |
The full Part VII table lists every officer, director, trustee and key employee named on the filing, with hours and the same summed total. Compensation is reported for the calendar year ending within the fiscal year, per the Form 990.
Board and Governance - Fiscal 2025
Board and policy answers as reported on the fiscal-2025 Form 990, filed Sep 15, 2026.
Board Roster - as Reported on the Fiscal-2025 Form 990
22 voting members, 22 independent - independence count as reported on the fiscal-2025 Form 990.
| Name, as Reported | Role, as Reported |
|---|---|
| Keith Fulcher | President & CEO |
| Tom Pittman | Pres Emeritus |
| Lisa Melton | Director |
| Cindy Gordon | Vice Chairman |
| Will Brown | Director |
| Cynthia Pride Gleeton | Director |
| Kirkwood H McClintock | Director |
| Mickey Aldridge | Director |
| John Rodgers Brashier | Director |
| Mimi Mehrle | Director |
| Ann H Lamar | Past Chairman |
| Jack Nichols | Director |
| Billy Myers | Chairman |
| Toya Brooks Pride | Director |
| Becky Nowell | Director |
| Colie Sanford | Secretary |
| Julia Mitchener Turnipseed | Director |
| Robin Hurdle | Director |
| Linda Turner | Director |
| Crandall Craigen | Director |
| Ravonda Griffin | Director |
| Becky Beard | Treasurer |
| Sandy Lipscomb | Director |
| Sanford Johnson | Director |
Governance Policy Flags - Fiscal 2025
Conflict of Interest PolicyYes - Reported
Whistleblower PolicyYes - Reported
Document Retention PolicyYes - Reported
Audited Financial StatementsYes - Reported
Audit CommitteeYes - Reported
Board Size and Independence22 voting / 22 independent
Flags report what the organization answered on the Form 990. A Yes means the policy was reported on the filing; it is not an outside review of how the policy works in practice.
Grants - Fiscal 2025
Grants Made - Fiscal 2025
This organization reported $6,074,982 in grants paid in fiscal 2025.
| Recipient, as Reported | Amount |
|---|---|
| Bb King Museum HEALTH | $25,000 |
| Boss Lady Econ Plan Dev Wrkfc HUMAN SERVICES | $226,070 |
| Business & Profl Outreach EDUCATIONAL SERVICES | $25,000 |
| Calvary Baptist Church Of Mem CHURCH | $12,000 |
| City Of Hernando COMMUNITY DEVELOPMENT | $37,810 |
| City Of Southaven COMMUNITY DEVELOPMENT | $10,000 |
| Cleveland Music Foundation ARTS & CULTURE | $93,006 |
| Colonial Hills Church GENERAL SUPPORT | $60,000 |
| Community Fdn For Ms ARTS & CULTURE | $10,000 |
| Delta Compass EDUCATION | $50,000 |
| Desoto Co Brd Of Supervisors HUMAN SERVICES | $5,805 |
| Desoto Family Theatre ASSIST W/MOVING CRYSTAL BALL ITEMS | $25,000 |
| Dollywood Foundation EDUCATIONAL SERVICES | $19,000 |
| El Pueblo HUMAN SERVICES | $25,000 |
| Epc Planting Church MINISTRY | $10,000 |
| Episcopal Church Of The Incar ARTS & CULTURE | $10,000 |
| Eudora Welty Foundation EDUCATION | $10,000 |
| Extra Table Feeds Inc HUMAN SERVICES | $43,263 |
| Fellowship Of Christian Athle EDUCATIONAL SERVICES | $30,000 |
| First Baptist Church Of Nipom GENERAL SUPPORT | $25,000 |
| Frnds Of Thacker Mtn Rdio Inc ARTS & CULTURE | $10,000 |
| Great Commission Association GENERAL SUPPORT | $25,000 |
| Griot Arts Inc CLARKSDALE CREATIVE PLACEMAKING PRO | $20,000 |
| Habitat For Humanity-Desoto HUMAN SERVICES | $10,000 |
| Hernando Methodist Church HUMAN SERVICES | $25,000 |
| Hutchison School EDUCATIONAL SUPPORT | $100,000 |
| Indianola Educational Fdn EDUCATION | $130,000 |
| Indianola Main Street Inc HUMAN SERVICES | $25,000 |
| Joyful Heart Foundation HUMAN SERVICES | $7,544 |
| Junior Aux Of Tatepanola Ms HUMAN SERVICES | $8,250 |
| Junior Auxiliary Of Desoto Co EDUCATIONAL SERVICES | $50,000 |
| Kanakuk Ministries MINISTRY | $20,000 |
| Live Well Promotions LLC HEALTH SERVICES | $10,000 |
| Longview Point Bapt Church CHURCH BUILDING FUND | $50,000 |
| Memphis Child Advocacy Ctr HEALTH SERVICES | $7,000 |
| Miss State University EDUCATIONAL SUPPORT | $136,130 |
| Mississippi Center For Justic HUMAN SERVICES | $10,000 |
| Mpb Foundation EDUCATIONAL SERVICES | $125,000 |
| Ms Prison Chapel Fdn EDUCATIONAL SERVICES | $60,000 |
| North Delta School Inc SCHOLARSHIP FUND | $11,339 |
| North Texas Comm Foundation COMMUNITY DEVELOPMENT | $50,000 |
| Nw Comm College Fdn EDUCATION | $10,000 |
| Nw Ms Realtor Foundation HUMAN SERVICES | $87,289 |
| Oxford Community Market COMMUNITY DEVELOPMENT | $7,000 |
| Panther Creek Fdn HEALTHCARE SERVICES | $125,000 |
| PBS Foundation EDUCATIONAL SUPPORT | $30,000 |
| Pearl Street Ame Church EDUCATIONAL SUPPORT | $27,861 |
| Planned Parenthood Tn & N Ms HUMAN SERVICES | $10,000 |
| Rural Music Ministries ARTS & CULTURE | $10,000 |
| Samaritans Purse HUMAN SERVICES | $10,000 |
| Seed Company EDUCATIONAL SERVICES | $30,000 |
| Spring Initiative Inc INVESTING IN COMMUNITY OF SCHOLARS | $30,000 |
| St Michael & All Angels Chrch CHURCH | $40,000 |
| St Stephens Episcopal Church GENERAL SUPPORT | $27,000 |
| St Andrews Episcopal Cathedr GENERAL SUPPORT FOR CATHERDRAL | $150,000 |
| St George Episcopal Church MINISTRY | $45,000 |
| St Pauls Episcopal Church GENERAL SUPPORT | $25,000 |
| Teach For America EDUCATIONAL SERVICES | $50,000 |
| The Arc Nw Ms HUMAN SERVICES | $50,000 |
| The Childrens Museum Of Indi EDUCATIONAL SUPPORT | $7,500 |
| The Delta State Foundation ROBERT ALLEN ARNOLD MEM SCHOLARSHIP | $20,000 |
| The McCoy Hse For Sober Livin HUMAN SERVICES | $25,000 |
| The Menninger Clinic HUMAN SERVICES | $15,000 |
| The Piney Woods School EDUCATIONAL SERVICES | $60,000 |
| The Ummc Fund HEALTH | $112,500 |
| Tougaloo College EDUCATIONAL SERVICES | $10,000 |
| Tutwiler Comm Education Ctr EDUCATION&CHILD WELFARE IN MS DELTA | $69,024 |
| University Of Ms Fdn EDUCATIONAL SERVICES | $95,000 |
| Warriors Center HEALTH | $72,000 |
| Womens And Childrens Health COMMUNITY DEVELOPMENT | $596,248 |
| YMCA Of Memphis & Midsouth EDUCATIONAL SERVICES | $2,010,000 |
| Yoknapatawpha Arts Councl Inc ARTS & CULTURE | $50,000 |
| Young Life-Memphis Tn COMMUNITY DEVELOPMENT | $15,000 |
Trend - Revenue
Years are shown only where a filing is held. Missing years are absent, never filled in.
| Fiscal Year | Revenue | Change |
|---|---|---|
| Fiscal 2024 (Prior-Year Column on the Fiscal-2025 Filing) | $10,132,754 | - |
| Fiscal 2025 | $7,854,955 | -22.5% |
This table grows to a 10-year view (revenue, expenses, net assets and top pay) as earlier filings for this organization are added to the record. Missing years are absent, never filled in.
Filings on Record
| Tax Period | Form | Status | Source |
|---|---|---|---|
| Jan 1, 2025 - Dec 31, 2025 | Form 990 | In Force - Filed Sep 15, 2026 | Original Filing at the IRS |
If an amended return is filed, the newest amended return supersedes the earlier one and the table marks which filing is in force.