Mercy House Initiative

EIN: 851630601 501(c)(3) Religion

Scottsdale, AZ

Total Revenue
$277,206
Total Expenses
$242,790
Total Assets
$151,589
Net Assets
$140,639
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
AZ
Principal Officer
BRANDON ARNESON
Phone
9495030281
Tax Period
2024-01-01 to 2024-12-31

Mercy House Initiative, founded in 2020, is a small nonprofit in the Religion sector that reported $277K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $243K left a modest 12% surplus.

Mission

Our core commitments at MH are focused on spiritual wellness, economic empowerment, and personal wholeness. Mercy House will target women who left school after Grade 9 or Grade 12 for participation in a year long program followed up by a mentoring program for an extended period of time. The initial programs are Bible study and small group discipleship, followed by programming such as English lessons to improve literacy, nutrition and wellness, job skill development, computer classes, and microfinance to support women entrepreneurship.

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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 $277,206
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $277,206

Expense Breakdown

Grants Paid $124,167
Salaries & Benefits $93,709
Fundraising Expenses $34,804
Program Expenses $165,021
Other Expenses $24,914
TOTAL EXPENSES $242,790

Year-over-Year Comparison

2024 2023 Change
Revenue $277,206 $298,180 -0.1%
Expenses $242,790 $329,889 -0.3%
Net Income $34,416 $-31,709 -2.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
6
Employees
3
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
3
$37,050
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DOREEN ZIMBA Chairman 20.00
Officer
$37,050 $0 $37,050
RICHARD MCCLAIN Director 1.00
Director
$0 $0 $0
DEBRA STROUPE Director 1.00
Director
$0 $0 $0
TRACY GOBLE Director 1.00
Director
$0 $0 $0
NANCY HOLCOMB Director 1.00
Director
$0 $0 $0
TAMARA AIKINS Director 1.00
Director
$0 $0 $0
MOFFAT ZIMBA Secretary 5.00
Officer
$0 $0 $0
BRANDON ARNESON Treasurer 1.00
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 $277,206 $242,790 $151,589 $34,416
2023 $298,180 $329,889 $117,753 $-31,709
2022 $268,987 $282,030 $147,832 $-13,043
2021 $465,530 $622,129 $165,325 $-156,599
2020 $512,825 $205,251 $307,574 $307,574
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