Mercy Properties Ii Inc

Nonprofit profile at a glance

EIN
820485862
IRS 990-EZ coverage
2010–2024
Forms available
Form 990 2015, Form 990-EZ 2024
Location
Denver, CO, USA
Phone
3038303300
Rating
34
Verdict
REVIEW
Rating confidence
Moderate

Official website

Reported finances

Revenue
$22,849
Expenses
$25,434
Assets
$20,562
Liabilities
$146,621

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • COLIN MORGAN-CROSS (VICE PRESIDENT/DIRECTOR)
  • JOSEPH THOMPSON (PRESIDENT/DIRECTOR)
  • MELISSA CLAYTON (VICE PRESIDENT)
  • MENA PEEBLES (DIRECTOR/VICE PRESIDENT)
  • KASSIDI BOENING (VICE PRESIDENT)

People named in this filing

  • COLIN MORGAN-CROSS (VICE PRESIDENT/DIRECTOR)
  • CHAD PAYNE (TREASURER)
  • JOSEPH ROSENBLUM (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To develop low-income housing and provide services to low-income families, elderly, handicapped, homeless, potentially homeless, or otherwise disadvantaged persons

What it reported doing in 2024

Manage or direct low- and moderate-income housing projects and supportive services for low-income families, elderly, handicapped, homeless, and disadvantaged persons

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
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

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 33
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0.1%; rating input score 0
  • Program expense ratio: 0.1%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -11.3%; rating input score 30; 30th percentile among comparable filings
  • Total-asset coverage ratio: 0.81; rating input score 41; 41st percentile among comparable filings
  • Liabilities to assets ratio: 7.13; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -13.3% per year; rating input score 0; 23rd percentile among comparable filings
  • Revenue growth: -9.2% per year; rating input score 0; 26th percentile among comparable filings
  • Asset growth: -3.6% per year; rating input score 0; 27th percentile among comparable filings

Details

  • Where the money goes: 0.1% of revenue deployed · 0.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $18 in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 12 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 425 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.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 30/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.