COVENANT MERCY MISSION INC (EIN 135604698) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1925

Legal Domicile

Principal Officer

William R Jones

Phone

6463693795

Tax Period

2023-01-01 to 2023-12-31

COVENANT MERCY MISSION INC, founded in 1925, is a community nonprofit that reported $3.6M in total revenue in fiscal year 2023. Revenue surged 230% from the prior year, signaling strong growth momentum.

Mission

EVANGELISM AND BENEFICIAL DEEDS MINISTRIES IN NEW YORK CITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,580,410

Program Service Revenue $0

Investment Income $1,998

Other Revenue $0

TOTAL REVENUE $3,582,408

Expense Breakdown

Grants Paid $28,000

Salaries & Benefits $33,068

Fundraising Expenses $1,054

Program Expenses $3,517,876

Other Expenses $3,459,969

TOTAL EXPENSES $3,521,037

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,582,408	$1,084,119	+2.3%
Expenses	$3,521,037	$1,100,874	+2.2%
Net Income	$61,371	$-16,755	-4.7%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

215

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jill Jones	Former Director/Secretary	40.00		$8,077	$0	$8,077
William R Jones	Executive Dir.	10.00	Officer Director	$0	$0	$0
Rick Cross	Chairman	0.00	Officer Director	$0	$0	$0
Steven Lee	Secretary	0.00	Officer Director	$0	$0	$0
Mark Mincy	Treasurer	0.00	Officer Director	$0	$0	$0
David Martindale	Director	0.00	Director	$0	$0	$0
Kris Secrest	Director	0.00	Director	$0	$0	$0
Galen Balinski	Director	0.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$3,582,408	$3,521,037	$242,557	$61,371
2022	$1,084,119	$1,100,874	$179,989	$-16,755
2021	$2,726,708	$2,594,290	$196,744	$132,418
2021	$2,726,708	$2,594,290	$196,744	$132,418
2020	$4,010,556	$4,040,584	$62,996	$-30,028
2019	$3,253,934	$3,285,535	$93,024	$-31,601
2018	$3,052,441	$2,965,636	$121,703	$86,805

COVENANT MERCY MISSION INC