Mercy Center is located in Colorado Springs, CO. The organization was established in 1991. 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. As of 12/2021, Mercy Center employed 3 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Mercy Center 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 Center generated $727.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $377.8k during the year ending 12/2021. While expenses have increased by 0.9% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
RELIGIOUS EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESIDENTIAL: PROVIDE COUNSELING, SPIRITUAL DIRECTION, INNER HEALING AND EDUCATION FOR CLERGY AND LAY PERSONS. PROGRAMS RUN ONE WEEK TO THREE MONTHS.
NONRESIDENTIAL: PROVIDED THROUGH APPOINTMENTS OR WEEKEND WORK-SHOPS. OPEN TO CLERGY AND THE GENERAL PUBLIC.
SALES OF BOOKS AND TAPES NET OF COST.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Timothy J Fogle Treasurer | OfficerTrustee | 40 | $92,423 |
Rev William J Jarema CEO | OfficerTrustee | 40 | $83,492 |
Mary Garvelink President | OfficerTrustee | 5 | $0 |
Elizabeth Mahr Secretary | OfficerTrustee | 5 | $0 |
Delise Browning Vice President | OfficerTrustee | 5 | $0 |
Cathy Blodis Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $214,509 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $214,509 |
Total Program Service Revenue | $156,828 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $363,759 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$7,653 |
Miscellaneous Revenue | $0 |
Total Revenue | $727,448 |
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. | $145,115 |
Compensation of current officers, directors, key employees. | $29,023 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $32,308 |
Pension plan accruals and contributions | $67 |
Other employee benefits | $0 |
Payroll taxes | $13,706 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,851 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $11,190 |
Office expenses | $8,027 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $30,800 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $399 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $26,730 |
Insurance | $17,765 |
All other expenses | $8,154 |
Total functional expenses | $377,776 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $579,835 |
Savings and temporary cash investments | $7,385 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $352 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $42,105 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $39,683 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $669,360 |
Accounts payable and accrued expenses | $4,609 |
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 | $4,609 |
Net assets without donor restrictions | $664,751 |
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 | $669,360 |
Over the last fiscal year, we have identified 2 grants that Mercy Center has recieved totaling $12,305.
Awarding Organization | Amount |
---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $12,300 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
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