MERCY AND TRUTH CHRISTIAN MINISTRIES INC

EIN: 822585429 501(c)(3) Human Services

ELKIN, NC

Total Revenue
$304,428
Total Expenses
$244,842
Total Assets
$196,890
Net Assets
$196,890
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
NC
Principal Officer
REBEKAH SIMPSON
Phone
3364668817
Tax Period
2024-01-01 to 2024-12-31

MERCY AND TRUTH CHRISTIAN MINISTRIES INC, founded in 2017, is a small nonprofit in the Human Services sector that reported $304K in total revenue in fiscal year 2024. The organization ran a surplus of $60K, a strong 20% operating margin.

Mission

TO PROVIDE TOYS, FOOD, AND BIBLES AT CHRISTMAS. WE PROVIDE GIFTS FOR THE ELDERLY IN ASSISTED LIVING FACILITIES. WE TEACH FREE CHARACTER EDUCATION CLASSES IN SCHOOLS. WE SERVE LESS FORTUNATE, LOCAL PEOPLE, SERVING SURRY, WILKES, YADKIN, AND SURROUNDING AREAS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $75,000
Program Service Revenue $0
Investment Income $0
Other Revenue $229,428
TOTAL REVENUE $304,428

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $57,405
Other Expenses $244,842
TOTAL EXPENSES $244,842

Year-over-Year Comparison

2024 2023 Change
Revenue $304,428 N/A N/A
Expenses $244,842 N/A N/A
Net Income $59,586 N/A N/A
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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Governance

Voting Members
5
Independent Members
N/A
Employees
N/A
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
4
$19,721
Total Directors
1
$19,721
Key Employees
1
$19,721
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEREMY SIMPSON PRESIDENT 5.00
Highest
$90,789 $0 $90,789
REBEKAH SIMPSON EXECUTIVE DIRECTOR 35.00
Officer Director Key Emp
$19,721 $0 $19,721
MARTY ROBERTS VICE PRESIDENT 5.00
Officer
$0 $0 $0
TIM PARKS BOARD MEMBER 2.00
Officer
$0 $0 $0
ROBERT PRICE BOARD MEMBER 2.00
Officer
$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 $304,428 $244,842 $196,890 $59,586
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