Mercy Street Inc, operating under the name Mercy Street Ministries, is located in Dallas, TX. The organization was established in 2008. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 08/2023, Mercy Street Ministries employed 83 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mercy Street Ministries 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 08/2023, Mercy Street Ministries generated $2.6m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $3.6m during the year ending 08/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
MERCY STREET EXISTS TO CULTIVATE MUTUALLY TRANSFORMING RELATIONSHIPS WITH (CONT. ON SCHEDULE O) INNER-CITY YOUTH THROUGH CHRISTIAN MENTORSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MERCY STREET SPORTS: OUR SPORTS LEAGUES PROVIDE A POSITIVE OUTLET FOR YOUTH IN WEST AND SOUTH DALLAS DURING THEIR CRITICAL OUT-OF-SCHOOL TIME, AS WELL AS OFFER THE ACCESSIBILITY AND BENEFITS OF SPORTS TO THOSE WHO WOULD NOT OTHERWISE HAVE ACCESS TO ORGANIZED SPORTS. OUR SPORTS LEAGUES FOSTER CHARACTER DEVELOPMENT, STRATEGY, TEAMWORK, RESILIENCE, GRIT, DETERMINATION, A COMPETITIVE SPIRIT, AND ACCOUNTABILITY. MERCY STREET SERVED 1,780 YOUNG ATHLETES THIS REPORTING PERIOD THROUGH SOCCER, BASEBALL, FLAG-FOOTBALL, AND BASKETBALL.
MERCY STREET MENTORING: MERCY STREET PROVIDES LONG-TERM, ONE-ON-ONE MENTORS TO EVERY CHILD IN OUR TARGET SCHOOLS WHO DESIRES TO HAVE ONE. THE CULTIVATION OF THESE MUTUALLY TRANSFORMING RELATIONSHIPS HAS CONTRIBUTED TO A 99% GRADUATION RATE IN RECENT YEARS. OUR MENTORING PROGRAM SERVED 119 YOUTH THROUGH ONE-ON-ONE MENTORING AND 63 YOUTH THROUGH GROUP MENTORING THIS REPORTING PERIOD. CURRENT SOUTH DALLAS PARTNERS INCLUDE 3 SCHOOLS, 2 DALLAS HOUSING AUTHORITY RESIDENTIAL PROPERTIES, AND 2 COMMUNITY PARTNERS. OUR MOST NOTABLE PROGRAM PARTNERSHIPS INCLUDE: BRIDGE BUILDERS, BONTON FARMS, AND DALLAS INDEPENDENT SCHOOL DISTRICT. OUR CLOSEST SCHOOL PARTNERS AT THIS TIME ARE H.S. THOMPSON ELEMENTARY SCHOOL, LINCOLN HIGH SCHOOL, AND MADISON HIGH SCHOOL. WHILE SOUTH DALLAS IS 3X AS LARGE AS (CONT. ON SCH. O) WEST DALLAS, WE ARE FOCUSING OUR EFFORTS ON THE BONTON AND IDEAL NEIGHBORHOODS, AND WILL EXPAND OUR REACH CONSISTENTLY AS WE CONTINUE TO DEEPEN OUR EFFORTS IN SOUTH DALLAS. AS WE HAVE BEGUN SERVING YOUTH AT CHARLES RICE LEARNING CENTER AND H.S. THOMPSON ELEMENTARY SCHOOL, WE WILL EXPAND OUR REACH TO TWO NEW NEIGHBORHOODS (QUEEN CITY AND IDEAL NEIGHBORHOODS). WE ARE STRATEGICALLY LAYING THE GROUNDWORK FOR WORKING AT DADE MIDDLE SCHOOL, THE ONLY MIDDLE SCHOOL IN SOUTH DALLAS.
MERCY STREET LEADERSHIP: THROUGH THE MERCY STREET LEADERSHIP INSTITUTE, 34 STUDENTS THIS REPORTING PERIOD WERE PROVIDED WITH PAID INTERNSHIP OPPORTUNITIES FOCUSED ON PREPARING THEM FOR LIFE AFTER GRADUATION. EACH SUMMER, STUDENTS WERE EQUIPPED WITH WORKFORCE DEVELOPMENT TRAINING, THEOLOGY CLASSES, COLLEGE AND CAREER READINESS TRAINING, JOB SHADOWING, MENTAL HEALTH TRAINING, FINANCIAL LITERACY CLASSES, BUSINESS EXPOSURE TRIPS, COLLEGE AND UNIVERSITY TOURS, AND PAID WORK EXPERIENCE. WE EQUIP THE NEXT GENERATION OF LEADERS WHO ARE ABLE TO BREAK CYCLES OF POVERTY, EXPERIENCE ECONOMIC MOBILITY, AND WHO ARE EMPOWERED TO TRANSFORM THEIR COMMUNITIES FROM WITHIN. THROUGH OUR COMMUNITY-CENTERED APPROACH, MERCY STREET IS ABLE TO CONNECT WITH YOUTH BOTH IN AND OUT OF SCHOOL HOURS. MERCY STREET STUDENTS HAVE HIGHER GRADUATION (CONT. ON SCH. O)RATES, HIGHER GRADE LEVEL ADVANCEMENT RATES, LOWER TEEN PREGNANCY RATES, AND LOWER TEEN INCARCERATION RATES THAN THEIR PEERS. MERCY STREET IS PROUD TO HAVE BEEN CELEBRATING GRADUATING CLASSES SINCE 2011.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeff Mulkey Chairman | OfficerTrustee | 1 | $0 |
Erin Mitchell-Pope Chairman (thru 06/23) | OfficerTrustee | 1 | $0 |
Tammy Bunting Director | Trustee | 1 | $0 |
Errol Coner Exec Vp, Director (thru 12/22) | OfficerTrustee | 40 | $32,974 |
J Chris Hawkins-Wilson Director | Trustee | 1 | $0 |
Paul Jackson Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $3,871 |
Membership dues | $0 |
Fundraising events | $42,269 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $2,291,815 |
Noncash contributions included in lines 1a–1f | $14,300 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,337,955 |
Total Program Service Revenue | $59,883 |
Investment income | $1,970 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $92,253 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$2,789 |
Net Income from Gaming Activities | $459 |
Net Income from Sales of Inventory | $396 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,556,572 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $9,105 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $359,489 |
Compensation of current officers, directors, key employees. | $76,204 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,175,350 |
Pension plan accruals and contributions | $11,641 |
Other employee benefits | $161,264 |
Payroll taxes | $129,027 |
Fees for services: Management | $12,661 |
Fees for services: Legal | $1,128 |
Fees for services: Accounting | $41,420 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $79,480 |
Advertising and promotion | $40,211 |
Office expenses | $64,683 |
Information technology | $86,665 |
Royalties | $0 |
Occupancy | $422,830 |
Travel | $3,839 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $18,880 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $619,802 |
Insurance | $55,306 |
All other expenses | $12,300 |
Total functional expenses | $3,624,492 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $688,141 |
Savings and temporary cash investments | $25,194 |
Pledges and grants receivable | $264,334 |
Accounts receivable, net | $12,230 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $60,829 |
Net Land, buildings, and equipment | $1,872,991 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $7,245,684 |
Total assets | $10,169,403 |
Accounts payable and accrued expenses | $754,106 |
Grants payable | $0 |
Deferred revenue | $378,278 |
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 | $1,132,384 |
Net assets without donor restrictions | $1,391,667 |
Net assets with donor restrictions | $7,645,352 |
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 | $10,169,403 |