Mercy Drive Ministries Inc

Nonprofit profile at a glance

EIN
262811941
IRS 990 coverage
2022–2022
Forms available
Form 990 2022, Form 990-EZ 2016, Form 990-N 2011
Location
Orlando, FL, USA
Phone
4072937784
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community Coalitions

Official website

Reported finances

Revenue
$203,672
Expenses
$132,891
Assets
$238,937
Liabilities
$90,607

Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • WILLIAM ANDREWS (EXECUTIVE DIRECTOR)

Highest reported compensation

  • WILLIAM ANDREWS (EXECUTIVE DIRECTOR): $48,739 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Focus on the practical needs of the mercy drive community - education, life skills, and spritual guidance.

What it reported doing in 2022

We offer both men and women ministry programs that help members of our community find god. From our church service at heart of mercy church to bible studies and feeding the homeless, we help provide platforms for people to experience god's grace and wisdom. Approximately 82 families in our community received financial assistance for food, shelter, and other needs. In 2022 this included assistance for medical needs, utilities, and funeral services.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 71% for direct work, and 29% for grants.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 94
  • Accountability: 72
  • Sustainability: 59
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 54.5%; rating input score 54
  • Program expense ratio: 83.4%; rating input score 83
  • Fundraising efficiency: $29.9 raised per $1 spent on fundraising; rating input score 66; 66th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 81st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 87.5%; rating input score 88; 23rd percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Missing
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 34.8%; rating input score 86; 86th percentile among comparable filings
  • Total-asset coverage ratio: 1.8; rating input score 55; 55th percentile among comparable filings
  • Liabilities to assets ratio: 0.38; rating input score 15; 15th percentile among comparable filings
  • Officer compensation ratio: 36.7%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 7.8% per year; rating input score 100; 67th percentile among comparable filings
  • Asset growth: 30.7% per year; rating input score 100; 91st percentile among comparable filings

Details

  • Where the money goes: 54.5% of revenue deployed · 83.4% of spending went to programs
  • Governance: 7 of 8 board members independent · 4 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $111K in reported program spending
  • Leadership: top reported pay $49K · 8 people listed
  • Consistency: 22 of 22 current checks pass
  • Schedules: 6 filed schedules · includes major donors and grants
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Review — Financial Efficiency: Mission deployment rate scored 54/100.
  • Review — Accountability: Governance controls: 2 of 6 not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 55/100.
  • High — Sustainability: Officer compensation ratio scored 8/100.
  • High — Sustainability: Liabilities to assets ratio scored 15/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.