Blue Cross & Blue Shield Of Mississippi Foundation
Blue Cross & Blue Shield Of Mississippi Foundation maintains robust financial health with zero officer compensation and significant asset growth.
EIN: 200471034 · Flowood, MS · NTEE: T21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $38.0M |
| Total Expenses | $6.3M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $162 |
| Net Assets | $159.6M |
| Transparency Score | 95/100 |
Is Blue Cross & Blue Shield Of Mississippi Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Blue Cross & Blue Shield Of Mississippi Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Blue Cross & Blue Shield Of Mississippi Foundation
Blue Cross & Blue Shield Of Mississippi Foundation (EIN: 200471034) is a nonprofit organization based in Flowood, MS, classified under NTEE code T21. The organization reported total revenue of $38.0M and total assets of $162.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Blue Cross & Blue Shield Of Mississippi Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Blue Cross & Blue Shield Of Mississippi Foundation is a large nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $34.4M |
| Total Expenses | $6.3M |
| Surplus / Deficit | +$28.1M |
| Total Assets | $160.3M |
| Total Liabilities | $651K |
| Net Assets | $159.6M |
| Operating Margin | 81.7% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 305.5 months |
Financial Health Grade: A
In 2023, Blue Cross & Blue Shield Of Mississippi Foundation reported a surplus of $28.1M with revenue exceeding expenses, holds 305.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Blue Cross & Blue Shield Of Mississippi Foundation's revenue has grown at a compound annual growth rate (CAGR) of 10.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.9% | +7.7% | +26.8% |
| 2022 | +518.0% | -46.1% | +5.6% |
| 2021 | +95.2% | +109.2% | +3.5% |
| 2020 | -48.1% | +22.0% | +4.6% |
| 2019 | -69.6% | +15.1% | +14.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Blue Cross & Blue Shield Of Mississippi Foundation with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Blue Cross & Blue Shield Of Mississippi Foundation allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $28.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation from the foundation, which is highly unusual for an organization of its size with assets exceeding $162 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Blue Cross & Blue Shield Of Mississippi Foundation:
- Strong and consistent asset growth, reaching over $162 million.
- Consistently low expenses relative to revenue, indicating efficient operations.
- Zero officer compensation reported across all filings, demonstrating high transparency and dedication of resources to mission.
- Healthy financial surplus maintained in most years, ensuring long-term sustainability.
- Significant revenue generation, with the latest period at $38,047,069.
Frequently Asked Questions about Blue Cross & Blue Shield Of Mississippi Foundation
Is Blue Cross & Blue Shield Of Mississippi Foundation a legitimate charity?
Blue Cross & Blue Shield Of Mississippi Foundation (EIN: 200471034) is a registered tax-exempt nonprofit based in Mississippi. Our AI analysis gives it a Mission Score of 95/100. It has 10 years of IRS 990 filings on record. Total revenue: $38.0M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Blue Cross & Blue Shield Of Mississippi Foundation spend its money?
Blue Cross & Blue Shield Of Mississippi Foundation directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Blue Cross & Blue Shield Of Mississippi Foundation tax-deductible?
Blue Cross & Blue Shield Of Mississippi Foundation is registered as a tax-exempt nonprofit (EIN: 200471034). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Blue Cross & Blue Shield Of Mississippi Foundation CEO make?
Blue Cross & Blue Shield Of Mississippi Foundation's highest-compensated officer earns $162 annually. The organization reported $38.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Blue Cross & Blue Shield Of Mississippi Foundation's spending goes to programs?
Blue Cross & Blue Shield Of Mississippi Foundation directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Blue Cross & Blue Shield Of Mississippi Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Blue Cross & Blue Shield Of Mississippi Foundation is above average for NTEE category T21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Blue Cross & Blue Shield Of Mississippi Foundation located?
Blue Cross & Blue Shield Of Mississippi Foundation is headquartered in Flowood, Mississippi and files with the IRS under EIN 200471034. It is classified under NTEE code T21.
How many years of IRS 990 filings does Blue Cross & Blue Shield Of Mississippi Foundation have?
Blue Cross & Blue Shield Of Mississippi Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $38.0M in total revenue.
Is Blue Cross & Blue Shield Of Mississippi Foundation a good charity?
Based on the provided financial data, the foundation appears to be a very good charity. It demonstrates strong financial health with significant asset growth, consistently low expenses relative to revenue, and a notable commitment to transparency by reporting 0% officer compensation.
How has the foundation's financial stability changed over time?
The foundation's financial stability has significantly improved, with assets growing from $62.5 million in 2011 to $162.6 million currently. This consistent growth, alongside generally strong revenue generation, indicates excellent long-term financial health.
What is the trend in the foundation's revenue and expenses?
Revenue has fluctuated but generally remained strong, with a high of $38 million in the latest period. Expenses have remained relatively low and stable, typically ranging from $3 million to $6 million, indicating efficient operations despite varying revenue levels.
Filing History
IRS 990 filing history for Blue Cross & Blue Shield Of Mississippi Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Blue Cross & Blue Shield Of Mississippi Foundation's revenue has grown by 216%, moving from $10.9M to $34.4M. Total assets increased by 156.4% over the same period, from $62.5M to $160.3M. Total functional expenses rose by 112.8%, from $3.0M to $6.3M. In its most recent filing year (2023), Blue Cross & Blue Shield Of Mississippi Foundation reported a surplus of $28.1M, with revenue exceeding expenses. The organization holds $651K in liabilities against $160.3M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $159.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $34.4M | $6.3M | $160.3M | $651K | — | — |
| 2022 | $36.2M | $5.8M | $126.3M | $54K | — | View 990 |
| 2021 | $5.9M | $10.9M | $119.6M | $429K | — | View 990 |
| 2020 | $3.0M | $5.2M | $115.6M | $300K | — | View 990 |
| 2019 | $5.8M | $4.2M | $110.5M | $240K | — | — |
| 2015 | $19.0M | $3.7M | $96.5M | $116K | — | View 990 |
| 2014 | $16.1M | $3.3M | $83.1M | $61K | — | View 990 |
| 2013 | $14.3M | $3.1M | $68.8M | $93K | — | View 990 |
| 2012 | $853K | $3.4M | $60.0M | $70K | — | View 990 |
| 2011 | $10.9M | $3.0M | $62.5M | $73K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $34.4M, expenses of $6.3M, and assets of $160.3M (revenue -4.9% year-over-year).
- 2022: Revenue of $36.2M, expenses of $5.8M, and assets of $126.3M (revenue +518.0% year-over-year).
- 2021: Revenue of $5.9M, expenses of $10.9M, and assets of $119.6M (revenue +95.2% year-over-year).
- 2020: Revenue of $3.0M, expenses of $5.2M, and assets of $115.6M (revenue -48.1% year-over-year).
- 2019: Revenue of $5.8M, expenses of $4.2M, and assets of $110.5M (revenue -69.6% year-over-year).
- 2015: Revenue of $19.0M, expenses of $3.7M, and assets of $96.5M (revenue +17.8% year-over-year).
- 2014: Revenue of $16.1M, expenses of $3.3M, and assets of $83.1M (revenue +12.9% year-over-year).
- 2013: Revenue of $14.3M, expenses of $3.1M, and assets of $68.8M (revenue +1575.5% year-over-year).
- 2012: Revenue of $853K, expenses of $3.4M, and assets of $60.0M (revenue -92.2% year-over-year).
- 2011: Revenue of $10.9M, expenses of $3.0M, and assets of $62.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Blue Cross & Blue Shield Of Mississippi Foundation:
Data Sources and Methodology
This transparency report for Blue Cross & Blue Shield Of Mississippi Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.