MERCY HOUSE INC

EIN: 831344245 501(c)(3) Human Services

MONTGOMERY, AL

Total Revenue
$1,969,550
Total Expenses
$1,171,136
Total Assets
$1,180,679
Net Assets
$1,176,103
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
AL
Principal Officer
DREW WOODS
Phone
3346763040
Tax Period
2023-01-01 to 2023-12-31

MERCY HOUSE INC, founded in 2018, is a small nonprofit in the Human Services sector that reported $291K in total revenue in fiscal year 2019. Revenue surged 181% from the prior year, signaling strong growth momentum. The organization ran a surplus of $89K, a strong 31% operating margin.

Mission

THE MERCY HOUSE PROVIDES SPIRITUAL, SOCIAL, AND EDUCATIONAL SERVICES TO PEOPLE IN NEED. OURPURPOSE IS TO REDIRECT LIVES THROUGH THE SERVICES WE PROVIDE.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,898,744
Program Service Revenue $0
Investment Income $0
Other Revenue $70,806
TOTAL REVENUE $1,969,550

Expense Breakdown

Grants Paid $65,747
Salaries & Benefits $593,745
Fundraising Expenses $65,312
Program Expenses $1,005,133
Other Expenses $511,644
TOTAL EXPENSES $1,171,136

Year-over-Year Comparison

2023 2022 Change
Revenue $1,969,550 $883,883 +1.2%
Expenses $1,171,136 $988,887 +0.2%
Net Income $798,414 $-105,004 -8.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
17
Independent Members
17
Employees
9
Volunteers
17

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
$73,200
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD AUSTIN MEMBER 0.10
Director
$0 $0 $0
ANTHONY BROCK MEMBER 0.10
Director
$0 $0 $0
DONALD MIMS MEMBER 0.10
Director
$0 $0 $0
CAROL RICKARD MEMBER 0.10
Director
$0 $0 $0
BISHOP KYLE SEARCY MEMBER 0.10
Director
$0 $0 $0
DREW WOODS CHAIRMAN 0.10
Officer Director
$0 $0 $0
SHENA DAVIDSON SECRETARY 0.10
Officer Director
$0 $0 $0
KIMBERLY BAKER MEMBER 0.10
Director
$0 $0 $0
MARY BOONE MEMBER 0.10
Director
$0 $0 $0
DR SHEILA AUSTIN MEMBER 0.10
Director
$0 $0 $0
LEON HAMPTON VICE-CHAIRMAN 0.10
Officer Director
$0 $0 $0
DR DOUG CHAMBERS MEMBER 0.10
Director
$0 $0 $0
TRAVIS DENT MEMBER 0.10
Director
$0 $0 $0
LEE ELLIS MEMBER 0.10
Director
$0 $0 $0
FELECIA MARTIN MEMBER 0.10
Director
$0 $0 $0
LARRY PUCKETT MEMBER 0.10
Director
$0 $0 $0
KEN ROACH MEMBER 0.10
Director
$0 $0 $0
KENNETH AUSTIN EXECUTIVE DIRECTOR 40.00
Officer
$73,200 $0 $73,200
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 $1,969,550 $1,171,136 $1,180,679 $798,414
2022 $883,883 $988,887 $382,414 $-105,004
2021 $979,248 $685,629 $490,848 $293,619
2020 $313,541 $286,009 $195,785 $27,532
2019 $290,681 $201,337 $163,996 $89,344
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