Mercy Health Services Inc
Fiscal Year
No current fiscal year information is available at this time.
Organizational Budgets and Other Documents
IRS Letter of Exemption
mercy health services inc / mercy children's clinic irs ltr |
Detailed Financials
Revenue and Expenses
Fiscal Year | 2023 | 2022 | 2021 |
---|---|---|---|
Total Revenue | $16,512,853.00 | $15,907,561.00 | |
Total Expenses | $13,016,104.00 | $11,189,319.00 | |
Revenue Less Expenses | ($-0.00) | $3,496,749.00 | $4,718,242.00 |
Revenue Sources
Fiscal Year | 2023 | 2022 | 2021 |
---|---|---|---|
Foundation and Corporation Contributions | $0.00 | $0.00 | |
Government - Federal | $0.00 | $0.00 | |
Government - State | $0.00 | $0.00 | |
Government - Local | $0.00 | $0.00 | |
Government - Unspecified | $3,446,916.00 | $5,349,844.00 | |
Contributions, Gifts, and Grants | $2,578,117.00 | $1,215,087.00 | |
Indirect Public Support | $0.00 | $0.00 | |
Earned Revenue | $10,103,572.00 | $9,211,794.00 | |
Investment Income, Net of Losses | $16,724.00 | $0.00 | |
Membership Dues | $0.00 | $0.00 | |
Special Events | $230,967.00 | $100,902.00 | |
Revenue In-Kind | $70,523.00 | $0.00 | |
Other | $66,034.00 | $29,934.00 |
Expense Allocation
Fiscal Year | 2023 | 2022 | 2021 |
---|---|---|---|
Program Expense | $9,175,506.00 | $8,267,048.00 | |
Administration Expense | $3,060,889.00 | $2,456,096.00 | |
Fundraising Expense | $779,709.00 | $466,175.00 | |
Total Revenue/Total Expenses | 127% | 142% | |
Program Expense/Total Expenses | 70% | 74% | |
Fundraising Expense/Contributed Revenue | 6% | 4% |
Top Funding Sources
Fiscal Year | 2023 | 2022 | 2021 |
---|---|---|---|
Top Funding Source & Dollar Amount | $0.00 | Program Revenue $10,103,572.00 | Program Revenue $9,211,794.00 |
Second Highest Funding Source & Dollar Amount | $0.00 | Government Grants $3,446,916.00 | Government Grants $5,349,844.00 |
Third Highest Funding Source & Dollar Amount | $0.00 | Contributions, Gifts, and Grants $2,578,117.00 | Contributions, Gifts, and Grants $1,215,087.00 |
Assets and Liabilities
Fiscal Year | 2023 | 2022 | 2021 |
---|---|---|---|
Total Assets | $12,768,568.00 | $9,222,485.00 | |
Current Assets | $7,648,460.00 | $8,018,400.00 | |
Long-Term Liabilities | $0.00 | $0.00 | |
Current Liabilities | $1,595,661.00 | $1,015,349.00 | |
Total Net Assets | $11,172,907.00 | $8,207,136.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
Anticipated In 3 Years
Do you anticipate a campaign in the next 5 years?
Yes
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
December
Permit Expiration Year
2023
Solicitations Permit
Form 990s
Audit Documents
CEO/Executive Director/Board Comments
Mercy prepares its financial statements based on the accrual method of accounting in accordance with generally accepted accounting principles. When a donor pledges a multi-year contribution, Mercy recognizes contribution revenues of the total pledge amount at the time the pledge is made, even though the cash will not be received until future years. |
Foundation Staff Comments
Financials taken from 990. Foundation and corporate grants may be included in Contributions, Gifts, and Grants sum as these amounts are separated in Form 990. Financial documents completed by Cherry Bekaert Advisory LLC. Comments provided by Tina Randolph 04/05/2023 |