CATHERINE MCAULEY MERCY FOUNDATION INC (EIN 237075024) - 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

1998

Legal Domicile

Principal Officer

Rachel Sossoman

Phone

8282810378

Tax Period

2023-10-01 to 2024-09-30

CATHERINE MCAULEY MERCY FOUNDATION INC, founded in 1998, is a small nonprofit that reported $335K in total revenue in fiscal year 2023. Revenue fell 47% from the prior year — a significant decline worth monitoring. Expenses of $1.0M exceeded revenue, resulting in a 210% operating deficit.

Mission

To assist the facilities and services of Sisters of Mercy Urgent Care, Inc., a North Carolina non-profit corporation, EIN # 56-1463611. Also for the benefit of other organizations identified and associated and cooperating with Sisters of Mercy Urgent Care, Inc., which are tax exempt organizations under the provisions of Section 501(c)(3) of The Code.

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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 $44,690

Program Service Revenue $0

Investment Income $289,914

Other Revenue $0

TOTAL REVENUE $334,604

Expense Breakdown

Grants Paid $774,901

Salaries & Benefits $0

Fundraising Expenses $13,202

Program Expenses $774,901

Other Expenses $263,260

TOTAL EXPENSES $1,038,161

Year-over-Year Comparison

	2023	2022	Change
Revenue	$334,604	$626,508	-0.5%
Expenses	$1,038,161	$477,566	+1.2%
Net Income	$-703,557	$148,942	-5.7%

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

N/A

Volunteers

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

$164,640

Total Directors

Key Employees

$395,818

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Elizabeth McCarty MD	Medical Director	1	Key Emp	$0	$0	$231,178
Rachel Sossoman	President and CEO	1	Officer Key Emp	$0	$0	$164,640
Grace Barnwell NP	Provider	1	Highest	$0	$0	$131,683
Dean Muscarella	Provider	0	Highest	$0	$0	$126,590
Kimberly Kanupp	Provider	0	Highest	$0	$0	$125,509
Kathryn McGowen	Provider	0	Highest	$0	$0	$123,963
John Pearson	CFO	0		$0	$0	$119,007
William Brown	Provider	0	Highest	$0	$0	$118,640
Barbara Chambers	Human Resource Director	0		$0	$0	$108,082
Stefanie Shuba	Chair	1	Officer Director	$0	$0	$0
Charles Thompson	Vice Chair	1	Officer Director	$0	$0	$0
Melissa Bell Hill	Secretary/Treasurer & Finance Committee Chair	1	Officer Director	$0	$0	$0
Robert A Phillips	Director	0	Officer Director	$0	$0	$0
J Robert Scully DDS	Director	0	Director	$0	$0	$0
Sister Larretta Rivera-Williams RSM	Director	0	Director	$0	$0	$0
Bridget A Eckerd PE	Director	0	Director	$0	$0	$0
Sister Peggy Verstege RSM	Director	0	Director	$0	$0	$0
Karis Roberts	Director	0	Director	$0	$0	$0
Paige Blankenship	Vice President of Finance	1	Key Emp	$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	$334,604	$1,038,161	$26,498,965	$-703,557
2023	$626,508	$477,566	$23,322,782	$148,942
2022	$750,880	$625,474	$21,299,317	$125,406
2021	$617,801	$452,490	$26,108,733	$165,311
2020	$5,137,633	$712,456	$22,628,993	$4,425,177
2019	$577,407	$708,859	$22,806,899	$-131,452
2018	$1,900,466	$755,101	$23,132,005	$1,145,365

CATHERINE MCAULEY MERCY FOUNDATION INC