DIVINE MERCY CORPORATION (EIN 522352651) - 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

2001

Legal Domicile

Principal Officer

FRANK J SALATTO

Phone

3012540609

Tax Period

2023-09-01 to 2024-08-31

DIVINE MERCY CORPORATION, founded in 2001, is a small nonprofit in the Religion sector that reported $323K in total revenue in fiscal year 2023. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $277K left a modest 14% surplus.

Mission

PROVIDES COUNSELING SERVICES AND SUPPORT TO THOSE IN NEED.

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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 $322,724

Program Service Revenue $0

Investment Income $9

Other Revenue $0

TOTAL REVENUE $322,733

Expense Breakdown

Grants Paid $227,177

Salaries & Benefits $0

Fundraising Expenses $9,457

Program Expenses $253,540

Other Expenses $49,653

TOTAL EXPENSES $276,830

Year-over-Year Comparison

	2023	2022	Change
Revenue	$322,733	$236,651	+0.4%
Expenses	$276,830	$314,667	-0.1%
Net Income	$45,903	$-78,016	-1.6%

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

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
MICHAEL CURRO THRU 6124	DIRECTOR	1.00	Director	$0	$0	$0
FR RICHARD A SCOTT	DIRECTOR	40.00	Director	$0	$0	$0
FRANK J SALATTO	PRESIDENT	1.00	Officer Director	$0	$0	$0
JIM PETERSON	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	$322,733	$276,830	$72,557	$45,903
2023	$236,651	$314,667	$26,654	$-78,016
2022	$292,198	$286,180	$104,670	$6,018
2021	$267,993	$211,149	$98,652	$56,844
2020	$221,186	$196,708	$41,808	$24,478

DIVINE MERCY CORPORATION