Mercy Multiplied America, Inc.
Fiscal Year
No current fiscal year information is available at this time.
Organizational Budgets and Other Documents
IRS Letter of Exemption
| Mercy Multiplied IRS Letter New Name |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Revenue | $9,061,979.00 | ||
| Total Expenses | $7,800,855.00 | ||
| Revenue Less Expenses | ($-0.00) | ($-0.00) | $1,261,124.00 |
Revenue Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | ||
| Government - Federal | $0.00 | ||
| Government - State | $0.00 | ||
| Government - Local | $0.00 | ||
| Government - Unspecified | $883,982.00 | ||
| Contributions, Gifts, and Grants | $7,462,513.00 | ||
| Indirect Public Support | $0.00 | ||
| Earned Revenue | $56,346.00 | ||
| Investment Income, Net of Losses | $7,646.00 | ||
| Membership Dues | $0.00 | ||
| Special Events | $302,861.00 | ||
| Revenue In-Kind | $348,631.00 | ||
| Other | $0.00 |
Expense Allocation
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Program Expense | $6,726,702.00 | ||
| Administration Expense | $634,697.00 | ||
| Fundraising Expense | $439,456.00 | ||
| Total Revenue/Total Expenses | 116% | ||
| Program Expense/Total Expenses | 86% | ||
| Fundraising Expense/Contributed Revenue | 6% |
Top Funding Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | $0.00 | $0.00 | Contributions, Gifts, and Grants $7,462,513.00 |
| Second Highest Funding Source & Dollar Amount | $0.00 | $0.00 | Government Grants $883,982.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | $0.00 | Noncash Contributions $348,631.00 |
Assets and Liabilities
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $10,487,768.00 | ||
| Current Assets | $1,482,721.00 | ||
| Long-Term Liabilities | $0.00 | ||
| Current Liabilities | $354,468.00 | ||
| Total Net Assets | $10,133,300.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
Yes
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2023
Form 990s
Audit Documents
CEO/Executive Director/Board Comments
| We are pleased that our strongest and most consistent support for Mercy Multiplied comes from individuals. Over the years 60 - 64% of our revenue has come from individual donors. As we respond to increased costs due to expanding our capacity, it is essential that Mercy Multiplied receives greater support from more individuals, businesses and foundations. We have built our working capital reserves to $650,000 and are working to build a foundation for expenses toward the development of a home in Florida. In 2018, program expenses were 86% of our total expenses and 6% went to fundraising. |
Foundation Staff Comments
| **Financial figures are for the national organization, as the local breakdown was not available. Financial figures taken from 990 and audit. Corporate and foundation grants may be included in Individual Contributions sum, as these amounts are not separated in Form 990. Financial documents prepared by Blankenship CPA Group, PLLC. Comments provided by Nicole Rose 12/03/2021. |
