Mercy Projects

EIN: 953535105 501(c)(3)

Murrieta, CA

Total Revenue
$777,870
Total Expenses
$938,057
Total Assets
$1,142,180
Net Assets
$969,071
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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
CA
Principal Officer
Jeff Thompson
Phone
9516965244
Tax Period
2023-01-01 to 2023-12-31

Mercy Projects, founded in 1980, is a small nonprofit that reported $778K in total revenue in fiscal year 2023. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $938K exceeded revenue, resulting in a 21% operating deficit.

Mission

Mercy Projects is a Christian 501c3 organization with a "Christ-centered, family-focused" vision of assisting vulnerable children, the poor and the widow. We assist vulnerable children and desire to build strong families primarily in Ukraine with other ministry programs in Kosovo, Armenia, and Russia.

Program Service Accomplishments

Program 1
Expenses: $827,158

2023 Ministry AccomplishmentsUKRAINE1. Returned our staff to their homes in Ukraine. 2. Provide housing and support for Ukrainian refugees3. Deliver Humanitarian Aid to the war zones of Ukraine4...

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2023 Ministry AccomplishmentsUKRAINE1. Returned our staff to their homes in Ukraine. 2. Provide housing and support for Ukrainian refugees3. Deliver Humanitarian Aid to the war zones of Ukraine4. Support for sponsored families: Firewood, Warm Clothing, Wood Burning Stoves, Medical supplies, etc.5. The Hearts of Love Center for Special Needs Children in Konotop, the Sumy Region6. Support Ukrainian missionaries serving their people7. We supported multiple Christian Camps inside Ukraine along with a camp for our Foster Families. KOSOVO - 16 Families in the Sponsorship ProgramFamilies in Kosovo are primarily widows or those with special needs such as mental illness, blindness, or emotional trauma. We provide basic groceries through vouchers redeemable at a local grocery store for these families. Our local partner is planting a church in this Muslim community. ARMENIAThe primary Armenia project is a Dairy Farm in Stepanavan, Armenia, in the northern region hit hardest by the earthquake in 1986. This farm provides local jobs and produces milk and provides eco-tourism to locals. Refugees from Karabakh now work and live on the farm. Karabakh is the historical heart of Armenia, but was located in Azerbaijan, who took it over militarily in a war in 2023.

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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 $743,313
Program Service Revenue $0
Investment Income $29,175
Other Revenue $5,382
TOTAL REVENUE $777,870

Expense Breakdown

Grants Paid $645,660
Salaries & Benefits $150,353
Fundraising Expenses $34,200
Program Expenses $827,158
Other Expenses $142,044
TOTAL EXPENSES $938,057

Year-over-Year Comparison

2023 2022 Change
Revenue $777,870 $1,293,151 -0.4%
Expenses $938,057 $1,119,115 -0.2%
Net Income $-160,187 $174,036 -1.9%
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
5
Independent Members
3
Employees
3
Volunteers
5

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
$159,586
Total Directors
5
$159,586
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jeff Thompson President & CEO 40.00
Officer Director
$54,793 $83,387 $138,180
Paula Thompson Secretary 26.00
Officer Director
$19,586 $1,820 $21,406
Brian Bell Treasurer 0.00
Officer Director
$0 $0 $0
Craig Stirling Director 0.00
Director
$0 $0 $0
Larry Hansen Director 0.00
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 $777,870 $938,057 $1,142,180 $-160,187
2022 $1,293,151 $1,119,115 $1,349,473 $174,036
2021 $849,314 $720,212 $998,720 $129,102
2020 $845,068 $562,945 $930,685 $282,123
2018 $766,014 $775,654 $683,911 $-9,640
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