MOTHER OF MERCY FOUNDATION INC (EIN 473185231) - 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

2014

Legal Domicile

Principal Officer

ALBERT LANGSENKAMP

Phone

2603034990

Tax Period

2023-01-01 to 2023-12-31

MOTHER OF MERCY FOUNDATION INC, founded in 2014, is a small nonprofit in the Religion sector that reported $721K in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $261K, a strong 36% operating margin.

Mission

THE ORGANIZATION EXISTS TO FURTHER THE PURPOSES OF THE CATHOLIC CHURCH BY PROVIDING PROGRAMS AND FACILITIES IN CONTINUATION OF THE HISTORY OF THE FOUNDATION'S PROPERTY KNOWN AS KNEIPP SPINGS IN ROME CITY INDIANA. FOR OVER 100 YEARS THE PROPERTY HAD A HISTORY OF HEALING AND SPIRITUAL REFRESHMENT STEMMING FROM ITS LOVELY GROUNDS, HISTORIC BUILDINGS AND 100- YEAR-OLD CHAPEL WITH WORLD-CLASS STAINED-GLASS WINDOWS. KNEIPP SPRING IS THE HISTORIC ORIGIN (CIRCA 1956) OF DEVOTION TO OUR LADY OF AMERICA, THE IMACULATE VIRGIN, PATRONESS OF AMERICA AS APPROVED IN MAY 2020 AS A PRIVATE DEVOTION OF THE CATHOLIC CHURCH. BY ENGAGING PEOPLE OF ALL FAITHS, WE ASPIRE TO PROVIDE A PLACE OF SPIRITUAL REFRESHMENT THROUGH FACILITIES, GROUNDS AND PROGRAMS CENTERED ON THE CATHOLIC FAITH AND DEVOTION TO THE MOTHER OF GOD. THE ORGANIZATION INTENDS TO FACILITATE GROUP SACRAMENTS, PILGRAMAGES, ROSARY GROUPS, AND DAY RETREATS TO CARRY OUT THESE PURPOSES.

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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 $655,403

Program Service Revenue $38,681

Investment Income $13,515

Other Revenue $13,883

TOTAL REVENUE $721,482

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $12,646

Program Expenses $380,099

Other Expenses $460,244

TOTAL EXPENSES $460,244

Year-over-Year Comparison

	2023	2022	Change
Revenue	$721,482	$536,310	+0.3%
Expenses	$460,244	$530,829	-0.1%
Net Income	$261,238	$5,481	+46.7%

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

100

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
ALBERT LANGSENKAMP	PRESIDENT	20.00	Officer Director	$0	$0	$0
IRVIN KLOSKA	TREASURER	1.00	Officer Director	$0	$0	$0
TIMOTHY RUSHENBURGE	SECRETARY	1.00	Officer Director	$0	$0	$0
JOHN DOLAN	DIRECTOR	1.00	Director	$0	$0	$0
TERRENCE KOPP	DIRECTOR	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	No data	No data	No data	No data
2023	$721,482	$460,244	$1,607,639	$261,238
2022	$536,310	$530,829	$1,377,117	$5,481
2021	$452,921	$355,588	$1,416,966	$97,333
2020	$730,700	$355,110	$1,355,916	$375,590
2019	$484,594	$387,063	$847,014	$97,531
2018	$31,408	$39,661	$753,632	$-8,253

MOTHER OF MERCY FOUNDATION INC