Mercy Reigns is located in Carthage, MS. According to its NTEE Classification (K31) the organization is classified as: Food Banks & Pantries, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mercy Reigns 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 Reigns generated $73.8k in total revenue. All expenses for the organization totaled $94.9k during the year ending 12/2021. While expenses have increased by 80.2% per year over the past 4 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kawneea Waldrop President | 40 | $0 | |
Deborah Langford Secretary | 20 | $0 | |
Rev Wallace Sullivan Treasurer | 20 | $0 | |
Katherine Sullivan Vice President | 40 | $0 | |
Timothy Waldrop Reporter | 20 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $73,843 |
Other Income | $0 |
Total Revenue | $73,843 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $32,850 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $5,131 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $56,539 |
Total operating and administrative expenses | $94,920 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $94,920 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $0 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Organization Name | Assets | Revenue |
---|---|---|
Food Bank Of East Alabama Inc Auburn, AL | $5,482,740 | $10,353,007 |
West Alabama Food Bank Inc Northport, AL | $6,135,575 | $9,116,347 |
Foodbank Of North Central Arkansas Norfork Community Care Program Inc Norfork, AR | $3,972,455 | $5,577,020 |
Hospitality Pantries Inc Knoxville, TN | $3,211,850 | $4,654,176 |
Smyrna-Lavergne Food Bank Murfreesboro, TN | $2,393,022 | $4,605,717 |
Alabama Food Bank Association Inc Huntsville, AL | $545,176 | $2,880,926 |
Northshore Food Bank Covington, LA | $5,028,034 | $3,380,016 |
Well Outreach Spring Hill, TN | $907,108 | $1,206,425 |
Wiregrass Area Food Bank Inc Dothan, AL | $2,890,802 | $1,275,583 |
Zachary Food Pantry Incorporated Zachary, LA | $153,054 | $936,372 |
Shiloh Ministry Memphis, TN | $90,369 | $886,388 |
Project Hope Food Bank Inc Hot Springs, AR | $631,111 | $1,004,018 |