MERCY DROPS INC (EIN 473103060) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

JOSEPH FRISZOLOWSKI

Phone

7579677599

Tax Period

2024-01-01 to 2024-12-31

MERCY DROPS INC, founded in 2016, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $264K in total revenue in fiscal year 2020. Revenue surged 168% from the prior year, signaling strong growth momentum. The organization ran a surplus of $64K, a strong 24% operating margin.

Mission

MERCY DROPS' MISSION IS TO BUILD LASTING RELATIONSHIPS WITHIN THE COMMUNITY THAT BRING HOPE ALIVE. MERCY DROPS BRINGS HOPE ALIVE BY OFFERING FREE RESOURCES AND SERVICES TO CONNECT PEOPLE WITH A NEED TO A COMMUNITY OF SUPPORT THAT ADDRESSES THEIR IMMEDIATE AND LONG-TERM NEEDS.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,093,346

Program Service Revenue $1,031

Investment Income $1

Other Revenue $30,280

TOTAL REVENUE $1,124,658

Expense Breakdown

Grants Paid $855,211

Salaries & Benefits $232,449

Fundraising Expenses $15,028

Program Expenses $1,097,598

Other Expenses $69,283

TOTAL EXPENSES $1,156,943

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,124,658	$969,303	+0.2%
Expenses	$1,156,943	$1,028,884	+0.1%
Net Income	$-32,285	$-59,581	-0.5%

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

2456

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
JOSEPH FRISZOLOWSKI	EXECUTIVE DI	40.00	Officer	$0	$0	$0
SUE CARROLL	PRESIDENT/TR	1.00	Director	$0	$0	$0
ALEX ZABEL	BOARD MEMBER	1.00	Director	$0	$0	$0
TONJA WILLIAMS	BOARD MEMBER	1.00	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	$1,124,658	$1,156,943	$284,526	$-32,285
2023	$969,303	$1,028,884	$303,787	$-59,581
2022	$1,116,719	$1,123,744	$358,197	$-7,025
2021	$259,945	$299,540	$361,347	$-39,595
2020	$264,184	$200,419	$399,909	$63,765

MERCY DROPS INC