Streams of Mercy
Legal name: Streams of Mercy Inc
Nonprofit profile at a glance
- EIN
- 470930787
- IRS 990 coverage
- 2010–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2025
- Location
- Wylie, TX, USA
- Phone
- (203) 444-5300
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- International Development
Reported finances
- Revenue
- $430,044
- Expenses
- $398,572
- Assets
- $135,495
- Liabilities
- $1,941
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Wilson Nease (Executive Director)
People named in this filing
- James Doherty (Treasurer)
- Eric Nease (Secretary)
- Wilson Nease (Executive Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Streams of Mercy cares for the most needy and helpless of society around the world. Our mission is to meet the most obvious needs of the destitute such as food, clothing, shelter, and medical assistance, as well as meeting the less visible needs of care and comfort.
What it reported doing in 2025
Streams of Mercy Inc. is a charitable organization committed to upholding the value of humanity by providing relief efforts, community development and care for children in impovershed and underdeveloped areas of the world. Streams of Mercy served approximately 4,000 orphans and children at risk in 32 orphanages or projects in 10 different nations in the past fiscal year. Through funding their programs, Streams of Mercy provided food, housing clothing, education and medical care for the children in those orphanages. In addition to the orphanages, Streams of Mercy has served several thousand people with food, shelter, water, and through the support of 1 regional medical clinic. In addition to the financial assistance given, Streams of Mercy has challenged volunteers and volunteer teams who have gone to individual orphanages to assist in the care of the children. Streams of Mercy provides relief and assistance to people in disaster areas around the world. We provide food, shelter, and medical assistance to those affected by natural or man-made disasters.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 92
- Accountability: 82
- Sustainability: 42
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.7%; rating input score 80
- Program expense ratio: 86%; rating input score 86
- Fundraising efficiency: $15.44 raised per $1 spent on fundraising; rating input score 48; 48th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 7.3%; rating input score 52; 52nd percentile among comparable filings
- Total-asset coverage ratio: 0.34; rating input score 18; 18th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 37; 37th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings
Growth
- Program expense growth: -0.7% per year; rating input score 0; 26th percentile among comparable filings
- Revenue growth: 0.9% per year; rating input score 100; 24th percentile among comparable filings
- Asset growth: 3.7% per year; rating input score 100; 38th percentile among comparable filings
Details
- What they do: 6 programs and campaigns described on the official site · 3 operating locations identified
- Where the money goes: 79.7% of revenue deployed · 86% of spending went to programs
- Governance: 3 of 3 board members independent · 4 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $343K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 20 of 20 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 16 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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.
- Review — Accountability: Governance controls: 2 of 6 not reported.
- Moderate — Financial Efficiency: Fundraising efficiency scored 48/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 18/100.
- Review — Sustainability: Operating margin scored 52/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 37/100.