Divine Mercy Radio Inc
EIN: 263021438 · Raleigh, NC · NTEE: A34
| Metric | Value |
|---|---|
| Total Revenue | $555K |
| Total Expenses | $227K |
| Net Assets | $994K |
Is Divine Mercy Radio Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Divine Mercy Radio Inc
Divine Mercy Radio Inc (EIN: 263021438) is a nonprofit organization based in Raleigh, NC, classified under NTEE code A34. The organization reported total revenue of $555K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Divine Mercy Radio Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Divine Mercy Radio Inc is a small nonprofit that has been operating for 16 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 32.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $324K |
| Total Expenses | $227K |
| Surplus / Deficit | +$97K |
| Total Assets | $995K |
| Total Liabilities | $847 |
| Net Assets | $994K |
| Operating Margin | 30.0% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 52.6 months |
Financial Health Grade: A
In 2023, Divine Mercy Radio Inc reported a surplus of $97K with revenue exceeding expenses, holds 52.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Divine Mercy Radio Inc's revenue has grown at a compound annual growth rate (CAGR) of 32.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -23.6% | +32.1% | -3.2% |
| 2022 | -17.1% | -6.3% | +10.8% |
| 2021 | +92.4% | -24.1% | -3.1% |
| 2020 | +14.5% | +22.2% | +0.7% |
| 2019 | -2.7% | +40.3% | +1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Divine Mercy Radio Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Divine Mercy Radio Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $97K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Divine Mercy Radio Inc
Is Divine Mercy Radio Inc a legitimate charity?
Divine Mercy Radio Inc (EIN: 263021438) is a registered tax-exempt nonprofit based in North Carolina. It has 11 years of IRS 990 filings on record. Total revenue: $555K. No red flags identified. Financial health grade: A.
How does Divine Mercy Radio Inc spend its money?
Divine Mercy Radio Inc reported $555K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Divine Mercy Radio Inc tax-deductible?
Divine Mercy Radio Inc is registered as a tax-exempt nonprofit (EIN: 263021438). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Divine Mercy Radio Inc located?
Divine Mercy Radio Inc is headquartered in Raleigh, North Carolina and files with the IRS under EIN 263021438. It is classified under NTEE code A34.
How many years of IRS 990 filings does Divine Mercy Radio Inc have?
Divine Mercy Radio Inc has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $555K in total revenue.
Filing History
IRS 990 filing history for Divine Mercy Radio Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Divine Mercy Radio Inc's revenue has grown by 2925.8%, moving from $11K to $324K. Total assets increased by 4218.3% over the same period, from $23K to $995K. Total functional expenses rose by 15170.7%, from $1K to $227K. In its most recent filing year (2023), Divine Mercy Radio Inc reported a surplus of $97K, with revenue exceeding expenses. The organization holds $847 in liabilities against $995K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $994K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $324K | $227K | $995K | $847 | — | — |
| 2022 | $425K | $172K | $1.0M | $131K | — | View 990 |
| 2021 | $512K | $183K | $928K | $284K | — | View 990 |
| 2020 | $266K | $241K | $957K | $642K | — | View 990 |
| 2019 | $233K | $197K | $951K | $661K | — | View 990 |
| 2018 | $239K | $141K | $935K | $680K | — | View 990 |
| 2017 | $132K | $38K | $156K | $0 | — | View 990 |
| 2014 | $19K | $8K | $53K | $0 | — | View 990 |
| 2013 | $12K | $6K | $46K | $0 | — | View 990 |
| 2012 | $25K | $8K | $41K | $0 | — | View 990 |
| 2011 | $11K | $1K | $23K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $324K, expenses of $227K, and assets of $995K (revenue -23.6% year-over-year).
- 2022: Revenue of $425K, expenses of $172K, and assets of $1.0M (revenue -17.1% year-over-year).
- 2021: Revenue of $512K, expenses of $183K, and assets of $928K (revenue +92.4% year-over-year).
- 2020: Revenue of $266K, expenses of $241K, and assets of $957K (revenue +14.5% year-over-year).
- 2019: Revenue of $233K, expenses of $197K, and assets of $951K (revenue -2.7% year-over-year).
- 2018: Revenue of $239K, expenses of $141K, and assets of $935K (revenue +80.8% year-over-year).
- 2017: Revenue of $132K, expenses of $38K, and assets of $156K (revenue +607.5% year-over-year).
- 2014: Revenue of $19K, expenses of $8K, and assets of $53K (revenue +60.4% year-over-year).
- 2013: Revenue of $12K, expenses of $6K, and assets of $46K (revenue -54.2% year-over-year).
- 2012: Revenue of $25K, expenses of $8K, and assets of $41K (revenue +137.6% year-over-year).
- 2011: Revenue of $11K, expenses of $1K, and assets of $23K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Divine Mercy Radio Inc:
Data Sources and Methodology
This transparency report for Divine Mercy Radio Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.