Mercado Global Inc
Mercado Global Inc shows consistent revenue growth and efficient operations with no reported officer compensation.
EIN: 201348926 · Brooklyn, NY · NTEE: Q30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1.5 |
| Net Assets | $121K |
| Transparency Score | 88/100 |
Is Mercado Global Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mercado Global Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mercado Global Inc
Mercado Global Inc (EIN: 201348926) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code Q30. The organization reported total revenue of $1.8M and total assets of $651K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mercado Global Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mercado Global Inc is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$2K |
| Total Assets | $802K |
| Total Liabilities | $681K |
| Net Assets | $121K |
| Operating Margin | 0.1% |
| Debt-to-Asset Ratio | 84.9% |
| Months of Reserves | 6.2 months |
Financial Health Grade: A
In 2023, Mercado Global Inc reported a surplus of $2K with revenue exceeding expenses, holds 6.2 months of operating reserves (strong position), has a debt-to-asset ratio of 84.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mercado Global Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.4% | +27.5% | +14.6% |
| 2022 | -7.8% | -3.7% | +67.9% |
| 2021 | +9.1% | +3.1% | +21.3% |
| 2020 | +5.8% | +5.5% | +30.9% |
| 2019 | -2.0% | -1.9% | -6.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mercado Global Inc with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Mercado Global Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 84.9%.
Executive Compensation Analysis
Mercado Global Inc reports 0% officer compensation across all available filing periods, indicating that executive leadership is either unpaid or compensated through other means not categorized as officer compensation, which is highly unusual for an organization of its size with revenues exceeding $1.5 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Mercado Global Inc's IRS 990 filings:
- Unusually low (0%) reported officer compensation for an organization of this size, which might indicate compensation is reported under other categories or that leadership is entirely volunteer, warranting further investigation for clarity.
Strengths
The following positive indicators were identified for Mercado Global Inc:
- Consistent revenue growth over the past decade, from $904,371 in 2014 to $1,555,005 in 2023.
- High spending efficiency, with expenses closely matching revenue (e.g., $1,553,275 expenses vs. $1,555,005 revenue in 2023).
- Zero reported officer compensation across all 13 filings, suggesting a strong focus on programmatic spending.
- Healthy asset growth, reaching $802,264 in 2023, providing financial stability.
- Consistent and extensive IRS 990 filing history, demonstrating strong transparency.
Frequently Asked Questions about Mercado Global Inc
Is Mercado Global Inc a legitimate charity?
Mercado Global Inc (EIN: 201348926) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.8M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Mercado Global Inc spend its money?
Mercado Global Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Mercado Global Inc tax-deductible?
Mercado Global Inc is registered as a tax-exempt nonprofit (EIN: 201348926). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mercado Global Inc CEO make?
Mercado Global Inc's highest-compensated officer earns $1.5 annually. The organization reported $1.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mercado Global Inc's spending goes to programs?
Mercado Global Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mercado Global Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Mercado Global Inc is above average for NTEE category Q30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mercado Global Inc located?
Mercado Global Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 201348926. It is classified under NTEE code Q30.
How many years of IRS 990 filings does Mercado Global Inc have?
Mercado Global Inc has 13 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 $1.8M in total revenue.
Is Mercado Global Inc a good charity?
Based on the provided data, Mercado Global Inc appears to be a well-managed charity with consistent revenue growth, efficient spending (expenses closely match revenue), and a strong commitment to transparency through regular IRS 990 filings. The absence of reported officer compensation is a notable positive, suggesting resources are prioritized for the mission.
How has Mercado Global Inc's revenue trended over the last decade?
Mercado Global Inc has shown a strong upward trend in revenue, increasing from $904,371 in 2014 to $1,555,005 in 2023, demonstrating consistent growth and financial stability.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation across all 13 available filings, indicating that no compensation is paid to officers, or it is categorized differently, which is a significant factor in its operational efficiency.
How do Mercado Global Inc's assets compare to its liabilities?
Mercado Global Inc generally maintains a healthy balance sheet where assets exceed liabilities. For example, in 2023, assets were $802,264 against liabilities of $681,154, indicating a positive net asset position.
Filing History
IRS 990 filing history for Mercado Global Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mercado Global Inc's revenue has grown by 229%, moving from $473K to $1.6M. Total assets increased by 636.8% over the same period, from $109K to $802K. Total functional expenses rose by 193.4%, from $529K to $1.6M. In its most recent filing year (2023), Mercado Global Inc reported a surplus of $2K, with revenue exceeding expenses. The organization holds $681K in liabilities against $802K in assets (debt-to-asset ratio: 84.9%), resulting in net assets of $121K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.6M | $802K | $681K | — | — |
| 2022 | $1.2M | $1.2M | $700K | $581K | — | View 990 |
| 2021 | $1.3M | $1.3M | $417K | $320K | — | View 990 |
| 2020 | $1.2M | $1.2M | $344K | $326K | — | View 990 |
| 2019 | $1.2M | $1.2M | $263K | $249K | — | View 990 |
| 2018 | $1.2M | $1.2M | $281K | $269K | — | View 990 |
| 2017 | $1.1M | $1.1M | $215K | $207K | — | View 990 |
| 2016 | $919K | $953K | $252K | $244K | — | View 990 |
| 2015 | $876K | $911K | $237K | $195K | — | View 990 |
| 2014 | $904K | $900K | $240K | $163K | — | View 990 |
| 2013 | $765K | $755K | $208K | $136K | — | View 990 |
| 2012 | $633K | $650K | $117K | $55K | — | View 990 |
| 2011 | $473K | $529K | $109K | $29K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.6M, and assets of $802K (revenue +25.4% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.2M, and assets of $700K (revenue -7.8% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.3M, and assets of $417K (revenue +9.1% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.2M, and assets of $344K (revenue +5.8% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.2M, and assets of $263K (revenue -2.0% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.2M, and assets of $281K (revenue +6.0% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.1M, and assets of $215K (revenue +22.0% year-over-year).
- 2016: Revenue of $919K, expenses of $953K, and assets of $252K (revenue +5.0% year-over-year).
- 2015: Revenue of $876K, expenses of $911K, and assets of $237K (revenue -3.2% year-over-year).
- 2014: Revenue of $904K, expenses of $900K, and assets of $240K (revenue +18.2% year-over-year).
- 2013: Revenue of $765K, expenses of $755K, and assets of $208K (revenue +20.9% year-over-year).
- 2012: Revenue of $633K, expenses of $650K, and assets of $117K (revenue +33.8% year-over-year).
- 2011: Revenue of $473K, expenses of $529K, and assets of $109K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mercado Global Inc:
Data Sources and Methodology
This transparency report for Mercado Global 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.