MERCYMED OF COLUMBUS INC ATTN TONY NGUYEN

EIN: 275011913 501(c)(3) Health Care

COLUMBUS, GA

Total Revenue
$4,680,209
Total Expenses
$4,114,814
Total Assets
$8,607,306
Net Assets
$8,386,315
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
GA
Principal Officer
TONY NGUYEN
Phone
7069930110
Tax Period
2023-10-01 to 2024-09-30

MERCYMED OF COLUMBUS INC ATTN TONY NGUYEN, founded in 2011, is a community nonprofit in the Health Care sector that reported $4.7M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $4.1M left a modest 12% surplus.

Mission

MERCYMED OF COLUMBUS, INC. (MERCYMED) EXISTS TO PROCLAIM JESUS CHRIST AS LORD AND TO DEMONSTRATE HIS LOVE BY PROVIDING AFFORDABLE, QUALITY HEALTHCARE FOR THE PHYSICAL, SPIRITUAL AND EMOTIONAL NEEDS OF THE UNDERSERVED. AS A NON-PROFIT HEALTHCARE CENTER, MERCYMED PROVIDES HEALTHCARE IN THE COMMUNITY THROUGH THREE LOCATIONS IN COLUMBUS, GEORGIA. MERCYMED IS FOCUSED ON SERVING THE UNINSURED AND UNDERINSURED, WHO HISTORICALLY STRUGGLE TO ACCESS BASIC HEALTHCARE SERVICE. MERCYMED OFFERS PRIMARY CARE, COVID-19 TESTING AND VACCINES, COUNSELING, PHYSICAL THERAPY, DENTISTRY, GYNOCOLOGY, ORTHOPEDICS, DIETETICS, CARDIOLOGY AND MORE.MERCYMED IS HEADQUARTERED AT 3702 2ND AVENUE IN COLUMBUS, GA 31904. MERCYMED OPERATES THREE SERVICE DELIVERY LOCATIONS: THE 2ND AVENUE CLINIC IN COLUMBUS; ANOTHER CLINIC AT 3679 STEAM MILL ROAD IN COLUMBUS, GA 31906; AND A THIRD, ONE EXAM-ROOM OFFICE, ON THE CAMPUS OF FOX ELEMENTARY SCHOOL, LOCATED AT 7437-600 38TH STREET, COLUMBUS, GA 31904.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,665,085
Program Service Revenue $1,820,311
Investment Income $116,548
Other Revenue $78,265
TOTAL REVENUE $4,680,209

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,804,989
Fundraising Expenses $388,281
Program Expenses $3,285,040
Other Expenses $1,309,825
TOTAL EXPENSES $4,114,814

Year-over-Year Comparison

2023 2022 Change
Revenue $4,680,209 $4,264,702 +0.1%
Expenses $4,114,814 $3,824,644 +0.1%
Net Income $565,395 $440,058 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
85
Volunteers
150

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
4
$298,079
Total Directors
13
$168,969
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRUCE BACON DIRECTOR 1.00
Director
$0 $0 $0
GRANT SCARBOROUGH MD CEO 45.00
Officer Director
$168,969 $0 $168,969
REV CARLOS COLEMAN DIRECTOR 1.00
Director
$0 $0 $0
TEDDIE USSERY TREASURER 1.00
Director
$0 $0 $0
BOB GILSON CHAIRMAN 1.00
Officer Director
$0 $0 $0
SCOTT HILL DIRECTOR 1.00
Director
$0 $0 $0
CARRIE STRICKLAND DIRECTOR 1.00
Director
$0 $0 $0
JUSTIN KREIG VICE CHAIRMAN 1.00
Director
$0 $0 $0
DR JAMES BROOKS JR MD SECRETARY 1.00
Director
$0 $0 $0
DANIEL HORD DIRECTOR 1.00
Director
$0 $0 $0
ISA MEEKS DIRECTOR 1.00
Director
$0 $0 $0
LARRY YOUNG JR DIRECTOR 1.00
Director
$0 $0 $0
LAUREN ISOM DIRECTOR 1.00
Director
$0 $0 $0
N/A ADVISOR 1.00
$0 $0 $0
N/A ADVISOR 1.00
$0 $0 $0
TONY NGUYEN CFO/COO 45.00
Officer
$50,483 $0 $50,483
BILLY HOLBROOK CHIEF DEVELOPMENT DIRECTOR 45.00
Officer
$78,627 $0 $78,627
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 $4,680,209 $4,114,814 $8,607,306 $565,395
2023 $4,264,702 $3,824,644 $7,771,881 $440,058
2022 $4,737,097 $3,210,311 $7,315,437 $1,526,786
2021 $4,413,451 $2,987,472 $5,852,350 $1,425,979
2020 $3,006,383 $2,453,291 $4,389,515 $553,092
2019 $2,183,796 $1,820,063 $3,652,472 $363,733
2018 $1,920,699 $1,637,765 $3,353,018 $282,934
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