Mercy Center Inc
- Assets
- $683.1k
- Revenue
- $383.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Colorado Springs, CO
- Founding
- 05/1991
- Data as of
- 12/2022
- EIN
- 84-1095223
Organization Overview
Mercy Center Inc 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 12/2022, Mercy Center Inc employed 3 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Mercy Center 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 12/2022, Mercy Center Inc generated $383.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $450.6k during the year ending 12/2022. While expenses have increased by 3.0% per year over the past 8 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
2022
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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Garvelink President | OfficerTrustee | 5 | $0 |
Cathy Blodis Member | Trustee | 2 | $0 |
Stu Hirai Member | Trustee | 2 | $0 |
Jim Maytag Member | Trustee | 2 | $0 |
Jim Reilly Member | Trustee | 2 | $0 |
Stan Ewalt Member | Trustee | 2 | $0 |
Financial Statements
| 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 | $163,575 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $163,575 |
| Total Program Service Revenue | $247,971 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$30,962 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $383,036 |
| 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. | $167,462 |
| Compensation of current officers, directors, key employees. | $33,492 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $38,769 |
| Pension plan accruals and contributions | $65 |
| Other employee benefits | $0 |
| Payroll taxes | $16,551 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,765 |
| Office expenses | $1,087 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $44,400 |
| Travel | $1,823 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $61 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,304 |
| Insurance | $19,082 |
| All other expenses | $23,932 |
| Total functional expenses | $450,553 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $599,172 |
| Savings and temporary cash investments | $7,389 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $244 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $9,882 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $63,576 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,791 |
| Total assets | $683,054 |
| Accounts payable and accrued expenses | $0 |
| 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 | $85,820 |
| Total liabilities | $85,820 |
| Net assets without donor restrictions | $597,234 |
| 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 | $683,054 |