MERCY PROPERTIES I INC

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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

1991

Legal Domicile

Principal Officer

SHELLY MARQUEZ

Phone

3038303300

Tax Period

2024-01-01 to 2024-12-31

MERCY PROPERTIES I INC, founded in 1991, is a community nonprofit in the Housing & Shelter sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 46% from the prior year, signaling strong growth momentum. Expenses of $1.6M exceeded revenue, resulting in a 19% operating deficit.

Mission

THE PURPOSE OF MERCY PROPERTIES I, INC IS TO MANAGE OR DIRECT ENTITIES WHICH ARE ORGANIZED FOR THE PURPOSE OF CREATING STABLE, VIBRANT AND HEALTHY COMMUNITIES BY DEVELOPING, FINANCING AND OPERATING AFFORDABLE, PROGRAM-ENRICHED HOUSING FOR FAMILIES, SENIORS, AND PEOPLE WITH SPECIAL NEEDS WHO LACK THE ECONOMIC RESOURCES TO ACCESS QUALITY, SAFE HOUSING OPPORTUNITIES.

Program Service Accomplishments

Program 1

Expenses: $1,601,086 Revenue: $756,029

MANAGE OR DIRECT LOW AND MODERATE INCOME HOUSING PROJECTS AND SUPPORTIVE SERVICES FOR LOW-INCOME FAMILIES, ELDERLY, HANDICAPPED HOMELESS, AND DISADVANTAGED PERSONS

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $265,395

Investment Income $595,649

Other Revenue $490,634

TOTAL REVENUE $1,351,678

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,601,086

Other Expenses $1,613,581

TOTAL EXPENSES $1,613,581

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,351,678	$926,548	+0.5%
Expenses	$1,613,581	$353,381	+3.6%
Net Income	$-261,903	$573,167	-1.5%

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

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

$1,729,931

Total Directors

$788,080

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KASSIDI BOENING	DIRECTOR/VICE PRESIDENT	0.10	Officer Director	$0	$31,209	$195,151
MELISSA CLAYTON	DIRECTOR/VICE PRESIDENT	0.10	Officer Director	$0	$35,478	$308,489
SHELLY MARQUEZ	DIRECTOR/PRESIDENT	0.10	Officer Director	$0	$29,805	$284,440
CHAD PAYNE	TREASURER	0.10	Officer	$0	$9,965	$211,480
ELLEN ABRAMS	VICE PRESIDENT	0.10	Officer	$0	$27,036	$136,686
JOANNA CROSBY	VICE PRESIDENT	0.10	Officer	$0	$11,882	$149,072
JOE ROSENBLUM	SECRETARY	0.10	Officer	$0	$10,382	$242,964
KUHL BROWN	VICE PRESIDENT	0.10	Officer	$0	$35,660	$201,649

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	$1,351,678	$1,613,581	$1,801,793	$-261,903
2023	$926,548	$353,381	$1,417,578	$573,167
2022	$803,796	$395,902	$829,634	$407,894
2021	$321,632	$304,388	$418,038	$17,244
2020	$296,661	$235,846	$818,463	$60,815
2019	$340,262	$632,715	$729,546	$-292,453
2018	$434,279	$678,038	$570,200	$-243,759