SPENCERPORT, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)DIVINE MERCY RELIGIOUS SHOP MINISTRIES INC, founded in 2017, is a micro nonprofit that reported $786 in total revenue in fiscal year 2020. Revenue fell 94% from the prior year — a significant decline worth monitoring. Expenses of $19K exceeded revenue, resulting in a 2332% operating deficit.
The corporation (Divine Mercy Religious Shop Ministries Inc) is organized and shall be operated exclusively for religious and charitable purposes and not for pecuniary profit or financial gain. Without limiting the generality of the foregoing, the corporation shall promote the Roman Catholic Faith by aiding and assisting in the dissemination of Faith-based beliefs, information, materials, and items through such means including, but not limited to, the circulation, donation and sales of religious, educational, and Faith-related materials and items; the conducting, hosting and sponsoring of Faith-based classes, discussions, meetings, events and website; the encouragement and support of vocations to the Roman Catholic priesthood, diaconate and religious life; and the promotion and support of such other activities and organizations conducted consistent with the teachings of the Magisterium of the Roman Catholic Church.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2020 | 2019 | Change | |
|---|---|---|---|
| Revenue | $786 | $13,515 | -0.9% |
| Expenses | $19,117 | $18,961 | +0.0% |
| Net Income | $-18,331 | $-5,446 | +2.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Michael Clayton | Chair of the Board | 0.3 |
Officer
Director
|
$0 | $0 | $0 |
| Michael Flanagan | Secretary | 0.3 |
Officer
Director
|
$0 | $0 | $0 |
| Hermann Unvericht | Treasurer | 0.3 |
Officer
Director
|
$0 | $0 | $0 |
| Jose Rivera | Internal Controller | 0.3 |
Officer
Director
|
$0 | $0 | $0 |
| Linda Plummer | Director | 0.6 |
Director
|
$0 | $0 | $0 |
| Patrica Cost | Director | 0.15 |
Director
|
$0 | $0 | $0 |
| Thomas DiVincenzo | Chief Executive Officer | 10 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2021 | $786 | $19,117 | $147,804 | $-18,331 |
| 2020 | $13,515 | $18,961 | $166,276 | $-5,446 |
| 2019 | $41,490 | $37,632 | $173,567 | $3,858 |
Compare DIVINE MERCY RELIGIOUS SHOP MINISTRIES INC with other nonprofits in New York and across the country.