MRCHARITY INC

EIN: 852067214 501(c)(3) Food, Agriculture & Nutrition

GREENVILLE, NC

Total Revenue
$9,513,450
Total Expenses
$8,638,123
Total Assets
$2,806,565
Net Assets
$2,480,643
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
NC
Principal Officer
JAMES DONALDSON
Phone
2523750597
Tax Period
2023-01-01 to 2023-12-31

MRCHARITY INC, founded in 2019, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $9.5M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $8.6M left a modest 9% surplus.

Mission

To utilize social media platforms to reach wide audiences to raise awareness and funds; to partner with other charitable organizations to alleviate homelessness, hunger, and unemployment. To construct and operate food pantries in underserved communities throughout the United States. To give life-changing grants, assistance, and monetary and non-monetary gifts to feed the hungry and combat the suffering of those in need, including individuals and families. To provide support, encouragement, and assistance to those people and organizations that fight to offer dignity, end suffering, and promote equity.

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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 (2023)

Revenue Breakdown

Contributions & Grants $9,513,427
Program Service Revenue $0
Investment Income $23
Other Revenue $0
TOTAL REVENUE $9,513,450

Expense Breakdown

Grants Paid $6,905,997
Salaries & Benefits $960,838
Fundraising Expenses $0
Program Expenses $8,278,872
Other Expenses $771,288
TOTAL EXPENSES $8,638,123

Year-over-Year Comparison

2023 2022 Change
Revenue $9,513,450 $10,155,691 -0.1%
Expenses $8,638,123 $8,968,669 0.0%
Net Income $875,327 $1,187,022 -0.3%
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
3
Independent Members
3
Employees
20
Volunteers
515

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
$96,951
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNIFER KEMPE ADMIN. DIR. 40.00
$122,250 $0 $122,250
DARREN MARGOLIAS Executive Dir. 40.00
Officer
$93,383 $3,568 $96,951
JAMES DONALDSON Chairman 2.00
Officer Director
$0 $0 $0
SUSAN PARISHER PRESIDENT/TREAS 2.00
Officer Director
$0 $0 $0
JAMES WARREN Director 2.00
Director
$0 $0 $0
KARA MCCLOUD Secretary 2.00
Officer Director
$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 No data No data No data No data
2023 $9,513,450 $8,638,123 $2,806,565 $875,327
2022 $10,155,691 $8,968,669 $1,925,333 $1,187,022
2021 $2,810,521 $2,566,279 $479,997 $244,242
2020 $469,150 $242,437 $226,713 $226,713
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