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Filing year 2023

BACOT FOUNDATION OF SOUTH MISSISSIPPI

Pascagoula, Mississippi·EIN 64-0620054·501(c)(3)
Total revenue
$583k
Total assets
$661k
Total expenses
$809k
Reported officers
18
Mission

THE FOUNDATION'S PRIMARY MISSION IS TO INCREASE PHILANTHROPY BY MAKING GRANTS TO WORTHY CAUSES WITH A CONTINUED FOCUS ON YOUTH, EDUCATION AND THE CULTURAL ARTS, PROVIDING DONOR SERVICES; WHILE PROMOTING AND PROVIDING LEADERSHIP IN RESPONSE TO THE GULF COAST REGION'S CHANGING NEEDS.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Exec. Director
Board Member
75th to 90th percentile
$60k
$66k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 17 unpaid individuals.

Down 38%
from 2022

From $96k in 2022 to $60k in 2023.

$96k
2022
$60k
2023
In today's dollarsEst.
Down 40% in real terms$110k to $66k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay fell 38% from 2022 to 2023, while revenue fell 5%.

$96k in 2022 to $60k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

BACOT FOUNDATION OF SOUTH MISSISSIPPI reported revenue and expenses across 2 filing years.

RevenueExpenses
$616k
$813k
2022
$583k
$809k
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about BACOT FOUNDATION OF SOUTH MISSISSIPPI

What does the Board Member of BACOT FOUNDATION OF SOUTH MISSISSIPPI earn?

In 2023, the Board Member of BACOT FOUNDATION OF SOUTH MISSISSIPPI received $60,000 in total compensation. This pay is in the top quarter for Board Member roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at BACOT FOUNDATION OF SOUTH MISSISSIPPI compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Board Member at BACOT FOUNDATION OF SOUTH MISSISSIPPI falls between the 75th and 90th percentiles.

What are BACOT FOUNDATION OF SOUTH MISSISSIPPI's revenue and expenses?

In 2023, BACOT FOUNDATION OF SOUTH MISSISSIPPI reported $583k in total revenue and $809k in total expenses on its IRS Form 990.

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