Oceans Of Mercy
- Assets
- $39.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 12/2016
- Data as of
- 12/2021
- EIN
- 47-5354034
Organization Overview
Oceans Of Mercy is located in Indianapolis, IN. The organization was established in 2016. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oceans Of Mercy 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, Oceans Of Mercy generated $61.3k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $57.3k during the year ending 12/2021. While expenses have increased by 7.0% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
MISSIONARY WORK IN THE NATION OF INDIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Manish Bhagat President | 40 | $34,640 | |
Diana Bhagat Secretary | 20 | $0 | |
Aaron Yoder Treasurer | 2 | $0 | |
Larry Mowery Director | 1 | $0 | |
Paul Wagner Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,297 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $61,303 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,564 |
| Professional fees and other payments to independent contractors | $1,854 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $786 |
| Other expenses | $18,064 |
| Total expenses | $57,268 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,349 |
| Other assets | $0 |
| Total assets | $39,349 |
| Total liabilities | $0 |
| Net assets or fund balances | $39,349 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Oceans Of Mercy has recieved totaling $21,200.
| Awarding Organization | Amount |
|---|---|
58 Partners Foundation Columbus, OH PURPOSE: TRANSPORTATION, MATERIALS, FOOD TO EVANGELIZE AND TRAIN INTERNATIONAL & CHRISTIANS IN USA | $21,200 |
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|---|---|---|
Fabricators & Manufacturers Association International Elgin, IL | $36,664,883 | $10,492,496 |
St Josephs Home Of Springfield Springfield, IL | $6,765,138 | -$5,947,093 |
Plain Church Medical Group Inc Arthur, IL | $1,903,756 | $9,584,459 |
Lutheran Home For The Aged Development Corp Prairie View Luth Danforth, IL | $5,765,834 | $9,143,268 |
Indianapolis Center For Congregations Inc Indianapolis, IN | $32,027,513 | $626,552 |
Ssm Health Foundation St Louis St Louis, MO | $35,477,442 | $11,468,412 |
United Methodist Village Retirement Communities Inc Godfrey, IL | $18,283,549 | $6,023,474 |
Kentucky Refugee Ministries Inc Louisville, KY | $2,230,731 | $5,977,380 |
Maryhill Manor Inc Niagara, WI | $3,813,579 | $4,581,573 |
Lakeview Temple Inc Indianapolis, IN | $11,968,336 | $5,459,594 |
Chicago Rabbinical Council Inc Chicago, IL | $6,219,838 | $5,737,352 |
Time Of Grace Ministry Milwaukee, WI | $2,034,999 | $5,176,400 |