Mercy Homeless Shelter Inc
Nonprofit profile at a glance
- EIN
- 562080554
- IRS 990-EZ coverage
- 2010–2012
- Forms available
- Form 990-EZ 2012
- Location
- Wilmington, NC, USA
- Phone
- 9102790823
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Homeless Shelters
Reported finances
- Revenue
- $85,907
- Expenses
- $101,754
- Assets
- $29,351
Source: IRS Form 990-EZ. Selected filing: tax year 2012. Amounts in USD.
Leadership & pay
6 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide overnight, year-round shelter for men as they transition from homelessness.
What it reported doing in 2012
Provided safe and clean sleeping and showering facilities for men as they transitioned from homelessness. The shelter was open 365 days and the 38-bed facility in Wilmington, NC welcomed people of all backgrounds and beliefs. The agency partnered with other local agencies to achieve its goals of providing residents with meals, clothing, and access to medical care.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 100
- Sustainability: 16
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 88.7%; rating input score 89
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -18.4%; rating input score 22; 22nd percentile among comparable filings
- Total-asset coverage ratio: 0.29; rating input score 20; 20th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: -0.5% per year; rating input score 0; 50th percentile among comparable filings
- Revenue growth: -8.7% per year; rating input score 0; 38th percentile among comparable filings
- Asset growth: 1.8% per year; rating input score 100; 53rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 88.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $90K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2010 to 2012
- 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.
- High — Sustainability: Operating margin scored 22/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 20/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.