Mercy Multiplied International Inc
- Assets
- $26.0k
- Revenue
- $383.5k
- Investments
- $0.0
- Employees
- 8
- Location
- Nashville, TN
- Founding
- 11/2007
- Data as of
- 12/2021
- EIN
- 20-0408162
Organization Overview
Mercy Multiplied International Inc is located in Nashville, TN. The organization was established in 2007. According to its NTEE Classification (F30) the organization is classified as: Mental Health Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2021, Mercy Multiplied International Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mercy Multiplied International Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Mercy Multiplied International Inc generated $383.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $391.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MERCY MULTIPLIED INTERNATIONAL, INC. IS A CHRISTIAN ENTITY PROVIDING OVERSIGHT AND ACCOUNTABILITY TO ITS MINISTRY AFFILIATES IN THEIR SHARED MISSION TO PROVIDE OPPORTUNITIES FOR INDIVIDUALS SEEKING FREEDOM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MERCY MULTIPLIED INTERNATIONAL, INC. (THE MINISTRY) PROVIDES GOVERNING OVERSIGHT AND ACCOUNTABILITY TO ORGANIZATIONS THAT ADDRESS LIFE-CONTROLLING ISSUES BY PROVIDING DONOR-FUNDED, FREE-OF-CHARGE CHRISTIAN RESIDENTIAL PROGRAMS FOR YOUNG WOMEN AGES 13-32, OUTPATIENT COUNSELING SERVICES AND OUTREACH PROGRAMS AND RESOURCES FOR MEN AND WOMEN OF ALL AGES. THESE ORGANIZATIONS ARE SEPARATE ENTITIES WITH SEPARATE GOVERNING BOARDS AND FINANCIAL RECORDS. THESE ORGANIZATIONS IMPLEMENT PROGRAMS DESIGNED TO PROMOTE FAITH, CHANGE HEARTS, AND STOP DESTRUCTIVE CYCLES BY ADDRESSING THE WHOLE PERSON-SPIRITUAL, PHYSICAL AND EMOTIONAL. CURRENTLY, FOUR ORGANIZATIONS HAVE DEVELOPED PROGRAMS CONSISTENT WITH THE MINISTRY'S VISION: ONE IN THE UNITED STATES, ONE IN THE UNITED KINGDOM, ONE IN CANADA, AND ONE IN THE ISLE OF MAN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Alcorn President/fo | OfficerTrustee | 70 | $247,361 |
Rob Martin Chairman | Trustee | 2.5 | $0 |
Joe C Cook Jr Board Member | Trustee | 2.5 | $0 |
Linda Hilliard Board Member | Trustee | 2.5 | $0 |
Lynn Morrow Board Member | Trustee | 2.5 | $0 |
Christy Singleton Mma CEO | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $328,533 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $328,533 |
| Total Program Service Revenue | $53,863 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $886 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $215 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $383,497 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $187,902 |
| Compensation of current officers, directors, key employees. | $27,428 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $20,254 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $13,488 |
| Payroll taxes | $11,160 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,796 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,243 |
| Advertising and promotion | $0 |
| Office expenses | $3,091 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,027 |
| Travel | $7,635 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $10,198 |
| All other expenses | $0 |
| Total functional expenses | $391,343 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $903 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $23,012 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $69 |
| Prepaid expenses and deferred charges | $2,050 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $26,034 |
| Accounts payable and accrued expenses | $23,378 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $23,378 |
| Net assets without donor restrictions | $2,656 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $26,034 |