Friends of Children of Mississippi, Inc.

Key People

• Dr. Cathy Gaston - Executive Director
• James Cropper, MBA - Fiscal Director
• Helen Griffin, M.Ed. - Program Design and Management Director
• Howard Stewart - Family and Community Engagement Director
• Roy Brown - Facilities and Grounds Director

Assessment

Team

Aspect: First-time 10+ yrs
Summary: The leadership team has extensive experience in nonprofit management and early childhood education.

Dr. Cathy Gaston, the Executive Director, and other key personnel have significant experience in their respective fields, contributing to the organization's effectiveness.

Clinical Need

Aspect: Very Strong
Summary: There is a critical need for early childhood education and support services in Mississippi.

Mississippi has a high demand for quality early childhood education programs, making the organization's services essential for community development.

Competition

Aspect: Somewhat crowded
Summary: Several organizations provide similar early childhood education services in the region.

While competition exists, the organization's established reputation and comprehensive services help maintain its competitive edge.

Technical Challenge

Aspect: Predictable
Summary: The organization faces standard operational challenges typical of nonprofit educational services.

Challenges such as staff training, curriculum development, and compliance with educational standards are predictable and can be effectively managed with proper planning.

Patent

Aspect: None
Summary: As a nonprofit educational organization, patents are not applicable.

The services provided are not patentable, and the organization's success is not dependent on intellectual property.

Financing

Aspect: Well-funded
Summary: The organization has a stable financial base with substantial annual revenue.

With annual revenues exceeding $35 million and support from various foundations, the organization is well-positioned to continue its services.

Regulatory

Aspect: 510k/PMA
Summary: The organization complies with educational regulations and standards.

Adherence to federal and state educational guidelines is crucial for maintaining funding and program accreditation.

Opportunity Rollup

Odds of Success

4.2

Peak Market Share

5.95

Segment CAGR

5.0%

Market Segment

Early Childhood Education

Market Sub Segment

Head Start Programs

Key Takeaway

Friends of Children of Mississippi, Inc. is a well-established nonprofit with a strong leadership team and financial base, effectively addressing the critical need for early childhood education in Mississippi.