STRINGS OF MERCY INC

EIN: 474201708 501(c)(3) Health Care

CUMMING, GA

Total Revenue
$41,647
Total Expenses
$31,867
Total Assets
$26,188
Net Assets
$25,873
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
GA
Principal Officer
CHARLES A BECKMAN
Phone
7704030306
Tax Period
2020-01-01 to 2020-12-31

STRINGS OF MERCY INC, founded in 2015, is a micro nonprofit in the Health Care sector that reported $42K in total revenue in fiscal year 2020. Revenue fell 42% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $10K, a strong 23% operating margin.

Mission

OUR MISSION IS TO CHANGE THE WAY WE CARE FOR THE SUFFERING THROUGH LIVE THERAPEUTIC MUSIC.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $30,985
Program Service Revenue $10,552
Investment Income $0
Other Revenue $110
TOTAL REVENUE $41,647

Expense Breakdown

Grants Paid $0
Salaries & Benefits $18,661
Fundraising Expenses $4,459
Program Expenses $21,225
Other Expenses $13,206
TOTAL EXPENSES $31,867

Year-over-Year Comparison

2020 2019 Change
Revenue $41,647 $71,232 -0.4%
Expenses $31,867 $81,071 -0.6%
Net Income $9,780 $-9,839 -2.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
4
Independent Members
3
Employees
1
Volunteers
N/A

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
2
$17,335
Total Directors
4
$17,335
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES A BECKMAN EXECUTIVE DI 12.00
Officer Director
$17,335 $0 $17,335
CHERI BECKMAN SECRETARY 4.00
Officer Director
$0 $0 $0
CHRIS KARABINOS MEMBER N/A
Director
$0 $0 $0
BILL ROGERS CHAIRMAN N/A
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
2020 $41,647 $31,867 $26,188 $9,780
2019 $71,232 $81,071 $16,093 $-9,839
2018 $62,699 $78,012 $25,975 $-15,313
Explore More Nonprofits
→Top 100 Nonprofits in Georgia →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare STRINGS OF MERCY INC with other nonprofits in Georgia and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.