Merciful Hearts Foundation Inc NFP

EIN: 870762338 501(c)(3) Religion

Normal, IL

Total Revenue
$32,341
Total Expenses
$20,209
Total Assets
$25,259
Net Assets
$25,259
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
IL
Phone
3096437969
Tax Period
2025-01-01 to 2025-12-31

Merciful Hearts Foundation Inc NFP, founded in 2012, is a micro nonprofit in the Religion sector that reported $32K in total revenue in fiscal year 2025. Revenue fell 37% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $12K, a strong 38% operating margin.

Mission

The organization mission is to seek donations of cash and services in order to provide healthcare services to poor pregnant women, children under five years, and elderly citizens of rural Imo State, Nigeria-Africa

Program Service Accomplishments

Program 1
Expenses: $19,959 Revenue: $30,444

In 2024 Merciful Hearts Foundation (MHF) Provided nutrition education, prenatal, and postnatal care to pregnant women, children, and elderly. Medical sevices included providing doctors visits, clinic...

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In 2024 Merciful Hearts Foundation (MHF) Provided nutrition education, prenatal, and postnatal care to pregnant women, children, and elderly. Medical sevices included providing doctors visits, clinic visits, cesarean sections, medications, assistance for labor and baby delivery services. Provided supplements and medications, lab test, deworming, treatment for malaria, HIV infection, and anemia. Blood transfusions, treatments for pneumonia, septicemia and patients checking positive for HIV Infection, and other illnesses. MHF provide educational opportunities for school age children, including implemented and installed Borehole Water Project to provide fresh drinking water to the community.

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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 (2025)

Revenue Breakdown

Contributions & Grants $30,444
Program Service Revenue $0
Investment Income $1,897
Other Revenue $0
TOTAL REVENUE $32,341

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $19,959
Other Expenses $20,209
TOTAL EXPENSES $20,209

Year-over-Year Comparison

2025 2024 Change
Revenue $32,341 $51,373 -0.4%
Expenses $20,209 $53,664 -0.6%
Net Income $12,132 $-2,291 -6.3%
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
8
Independent Members
8
Employees
N/A
Volunteers
8

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
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Nweze Nnakwe President 15.00
Director
$0 $0 $0
Ify Sloan Vice President 10.00
Officer Director
$0 $0 $0
Chinonye Nnakwe Secretary 10.00
Director
$0 $0 $0
Emeka Nnakwe Director 15.00
Director
$0 $0 $0
Chimma Coq Treasurer 10.00
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
2025 $32,341 $20,209 $25,259 $12,132
2024 $51,373 $53,664 $13,127 $-2,291
2023 $28,848 $13,430 $15,418 $15,418
2022 $14,288 $24,917 No data $-10,629
2021 $10,493 $6,065 $9,439 $4,428
2020 $16,959 $10,818 $5,011 $6,141
2019 $12,778 $13,695 No data $-917
2018 $36,738 $37,021 No data $-283
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