Is Dayton Mercy Society Legit?

Quick charity verification for Dayton Mercy Society (EIN: 208296537)

Verdict: Dayton Mercy Society appears trustworthy

85/100Mission Score
$487KRevenue
$1.3MAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

Dayton Mercy Society demonstrates a consistent pattern of financial stability and growth over the past decade. In 2020, the organization reported revenue of $458,759 against expenses of $207,358, resulting in a significant surplus that contributed to its robust asset base of $1,264,026 with zero liabilities. This trend of revenue exceeding expenses is generally positive, indicating sound financial management and an ability to build reserves. The organization's assets have remained relatively stable, fluctuating around the $1.1 million to $1.3 million mark over the ten-year period, suggesting a conservative approach to asset management. The absence of reported officer compensation across all ten filings is a notable aspect of their financial structure, indicating that leadership may be entirely volunteer-based or compensated through non-officer roles, which can contribute to lower administrative costs. However, without a detailed breakdown of expenses (program, administrative, fundraising) within the provided data, it's challenging to fully assess spending efficiency. The consistent lack of liabilities is a strong indicator of financial health and low risk. While the overall financial picture appears healthy, the lack of detailed expense categorization in the provided data limits a comprehensive assessment of spending efficiency and program focus. Transparency regarding how the $207,358 in expenses for 2020 was allocated would provide a clearer understanding of their operational priorities and impact. The consistent growth in revenue, from $230,391 in 2011 to $458,759 in 2020, alongside controlled expenses, points to a well-managed organization.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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