The Mercy Health Clinic Inc
Nonprofit profile at a glance
- EIN
- 522230932
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Location
- Gaithersburg, MD, USA
- Phone
- 2407730300
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Health Treatment Facilities, Primarily Outpatient
Reported finances
- Revenue
- $4,630,428
- Expenses
- $4,274,968
- Assets
- $2,248,673
- Liabilities
- $163,428
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- MARK FORAKER (PRESIDENT AND CEO)
Highest reported compensation
- MARK FORAKER (PRESIDENT AND CEO): $130,320 total reported compensation
- LAUREEN HARKINS (CLINICAL DIRECTOR): $74,600 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Mercy health clinic is a non-sectarian, not-for-profit, community health care provider. The clinic serves low-income residents of montgomery county, Maryland ages 13 and older who qualify for services. The clinic is committed to providing high quality medical care, health education and medications to eligible patients.
What it reported doing in 2024
Primary medical care - all of our patients are seen by a board certified physician or nurse practitioner. Treatment at the clinic includes primary care, access to approximately a dozen specialties, blood tests, imaging, flu shots and other vaccinations. Patients who need specialty care outside of the clinic are aided by a patient navigator who has access to a network of partner agencies (catholic charities and the primary care coalition), enabling almost all patients to obtain the complex specialty care or surgery they need. Patients are also referred to partner organizations for x-rays, mris, mammograms and colonoscopies. The medical program served approximately 2,200 patients in 2023.
Operating model
- Revenue model
- Donor-supported. 77% 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. Fundraising costs are high for each dollar raised and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 86
- Accountability: 95
- Sustainability: 47
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 72.9%; rating input score 73
- Program expense ratio: 78.8%; rating input score 79
- Fundraising efficiency: $14.94 raised per $1 spent on fundraising; rating input score 51; 51st percentile among comparable filings
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 13th 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; 63rd percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 7.7%; rating input score 58; 58th percentile among comparable filings
- Total-asset coverage ratio: 0.53; rating input score 18; 18th percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 64; 64th percentile among comparable filings
- Officer compensation ratio: 4.8%; rating input score 55; 55th percentile among comparable filings
Growth
- Program expense growth: 2.7% per year; rating input score 100; 26th percentile among comparable filings
- Revenue growth: 5.9% per year; rating input score 100; 48th percentile among comparable filings
- Asset growth: 6.5% per year; rating input score 100; 43rd percentile among comparable filings
Details
- Where the money goes: 72.9% of revenue deployed · 78.8% of spending went to programs
- Governance: 16 of 16 board members independent · 8 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $3.4M in reported program spending
- Leadership: top reported pay $130K · 16 people listed
- Consistency: 25 of 26 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes major donors
- Filing history: 13 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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 — Financial Efficiency: Fundraising efficiency scored 51/100.
- High — Sustainability: Total-asset coverage ratio scored 18/100.
- Review — Sustainability: Operating margin scored 58/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Review — Sustainability: Officer compensation ratio scored 55/100.