MERCY DRIVE MINISTRIES INC (EIN 262811941) - 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

2008

Legal Domicile

Principal Officer

WILLIAM ANDREWS

Phone

4072937784

Tax Period

2022-01-01 to 2022-12-31

MERCY DRIVE MINISTRIES INC, founded in 2008, is a small nonprofit in the Community Improvement sector that reported $204K in total revenue in fiscal year 2022. The organization ran a surplus of $71K, a strong 35% operating margin.

Mission

FOCUS ON THE PRACTICAL NEEDS OF THE MERCY DRIVE COMMUNITY - EDUCATION, LIFE SKILLS, AND SPRITUAL GUIDANCE.

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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 (2022)

Revenue Breakdown

Contributions & Grants $203,352

Program Service Revenue $0

Investment Income $320

Other Revenue $0

TOTAL REVENUE $203,672

Expense Breakdown

Grants Paid $32,200

Salaries & Benefits $52,468

Fundraising Expenses $6,802

Program Expenses $110,832

Other Expenses $48,223

TOTAL EXPENSES $132,891

Year-over-Year Comparison

	2022	2021	Change
Revenue	$203,672	$207,554	0.0%
Expenses	$132,891	$137,834	0.0%
Net Income	$70,781	$69,720	+0.0%

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

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

$48,739

Total Directors

$48,739

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM ANDREWS	EXECUTIVE DIRECTOR	35.0	Officer Director	$48,739	$0	$48,739
MARGARET COLEMAN	DIRECTOR, TREASURER	2.0	Officer Director	$0	$0	$0
ROSA WILLIAMS	DIRECTOR	2.0	Director	$0	$0	$0
JEROYAL LEWIS	DIRECTOR	2.0	Director	$0	$0	$0
JERRY MIDDLETON	DIRECTOR	2.0	Director	$0	$0	$0
CYNTHIA POWELL	DIRECTOR	2.0	Director	$0	$0	$0
ROSIE ANDREWS	DIRECTOR	2.0	Director	$0	$0	$0
CHICQUITA BOOTH	DIRECTOR, SECRETARY	2.0	Officer 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
2022	$203,672	$132,891	$238,937	$70,781
2021	$207,554	$137,834	$95,939	$69,720

MERCY DRIVE MINISTRIES INC