Mercer Street Friends Center
Mercer Street Friends Center shows strong revenue growth and asset accumulation with no reported officer compensation.
EIN: 210733990 · Trenton, NJ · NTEE: P280 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $20.0M |
| Total Expenses | $13.7M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $20 |
| Net Assets | $10.2M |
| Transparency Score | 90/100 |
Is Mercer Street Friends Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mercer Street Friends Center directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mercer Street Friends Center
Mercer Street Friends Center (EIN: 210733990) is a nonprofit organization based in Trenton, NJ, classified under NTEE code P280. The organization reported total revenue of $20.0M and total assets of $18.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mercer Street Friends Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mercer Street Friends Center is a large nonprofit that has been operating for 66 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $16.4M |
| Total Expenses | $13.7M |
| Surplus / Deficit | +$2.7M |
| Total Assets | $17.6M |
| Total Liabilities | $7.4M |
| Net Assets | $10.2M |
| Operating Margin | 16.5% |
| Debt-to-Asset Ratio | 42.3% |
| Months of Reserves | 15.4 months |
Financial Health Grade: A
In 2023, Mercer Street Friends Center reported a surplus of $2.7M with revenue exceeding expenses, holds 15.4 months of operating reserves (strong position), has a debt-to-asset ratio of 42.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mercer Street Friends Center's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +73.6% | +62.0% | +89.3% |
| 2022 | -24.7% | +2.6% | -1.2% |
| 2021 | +80.9% | +46.8% | +114.1% |
| 2020 | +32.5% | +2.0% | +74.0% |
| 2019 | -1.4% | -1.6% | -8.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 9000 |
| IRS Ruling Date | 1960 |
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 Mercer Street Friends Center with a Mission Score of 90 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, Mercer Street Friends Center 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 $2.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 42.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation was paid to officers, which is highly unusual for an organization of this size with nearly $20 million in latest revenue and $18 million in assets. This suggests either a volunteer leadership model or that compensation is reported under different categories, warranting further investigation.
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 Mercer Street Friends Center's IRS 990 filings:
- Unusually low (0%) reported officer compensation for an organization of this scale, which may obscure actual executive remuneration if categorized elsewhere.
Strengths
The following positive indicators were identified for Mercer Street Friends Center:
- Significant and consistent revenue growth, nearly tripling from 2020 to 2023.
- Healthy financial surpluses, with revenue consistently exceeding expenses (e.g., $2.7M surplus in 2023).
- Substantial growth in assets, increasing from $4.3M in 2020 to $17.6M in 2023, indicating strong financial health.
- Consistent reporting of 0% officer compensation, suggesting a strong commitment to directing funds to mission (pending clarification).
Frequently Asked Questions about Mercer Street Friends Center
Is Mercer Street Friends Center a legitimate charity?
Mercer Street Friends Center (EIN: 210733990) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $20.0M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Mercer Street Friends Center spend its money?
Mercer Street Friends Center directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Mercer Street Friends Center tax-deductible?
Mercer Street Friends Center is registered as a tax-exempt nonprofit (EIN: 210733990). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mercer Street Friends Center CEO make?
Mercer Street Friends Center's highest-compensated officer earns $20 annually. The organization reported $20.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mercer Street Friends Center's spending goes to programs?
Mercer Street Friends Center directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mercer Street Friends Center compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Mercer Street Friends Center is above average for NTEE category P280 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mercer Street Friends Center located?
Mercer Street Friends Center is headquartered in Trenton, New Jersey and files with the IRS under EIN 210733990. It is classified under NTEE code P280.
How many years of IRS 990 filings does Mercer Street Friends Center have?
Mercer Street Friends Center 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 $20.0M in total revenue.
How does Mercer Street Friends Center manage to report 0% officer compensation despite its significant size?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization with nearly $20 million in revenue. This could indicate a volunteer-led executive team, or that executive salaries are categorized differently within the IRS 990, such as under general salaries and wages, rather than specifically as officer compensation. Further detailed review of the full 990 forms would be necessary to clarify this.
What is the specific breakdown of program, administrative, and fundraising expenses?
While the provided summary data does not offer a detailed breakdown of program, administrative, and fundraising expenses, the organization's consistent surpluses and asset growth suggest effective overall financial management. A full IRS 990 filing would contain this detailed information in Part IX, Statement of Functional Expenses.
What factors contributed to the significant revenue increase from $6.9 million in 2020 to $16.4 million in 2023?
The substantial increase in revenue from $6,943,557 in 2020 to $16,405,278 in 2023 could be attributed to several factors, including successful grant applications, increased individual donations, expansion of programs, or government funding related to specific initiatives. A deeper dive into the revenue sources reported on the 990 would provide more clarity.
Filing History
IRS 990 filing history for Mercer Street Friends Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mercer Street Friends Center's revenue has grown by 58.5%, moving from $10.3M to $16.4M. Total assets increased by 41% over the same period, from $12.5M to $17.6M. Total functional expenses rose by 13.9%, from $12.0M to $13.7M. In its most recent filing year (2023), Mercer Street Friends Center reported a surplus of $2.7M, with revenue exceeding expenses. The organization holds $7.4M in liabilities against $17.6M in assets (debt-to-asset ratio: 42.3%), resulting in net assets of $10.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $16.4M | $13.7M | $17.6M | $7.4M | — | — |
| 2022 | $9.5M | $8.5M | $9.3M | $2.2M | — | View 990 |
| 2021 | $12.6M | $8.2M | $9.4M | $2.6M | — | View 990 |
| 2020 | $6.9M | $5.6M | $4.4M | $2.0M | — | View 990 |
| 2019 | $5.2M | $5.5M | $2.5M | $1.4M | — | View 990 |
| 2018 | $5.3M | $5.6M | $2.8M | $1.4M | — | View 990 |
| 2017 | $6.0M | $5.3M | $3.1M | $1.5M | — | View 990 |
| 2016 | $5.6M | $5.2M | $2.8M | $1.8M | — | View 990 |
| 2015 | $5.3M | $5.4M | $3.3M | $2.5M | — | View 990 |
| 2014 | $7.8M | $7.4M | $3.9M | $2.9M | — | View 990 |
| 2013 | $8.1M | $9.2M | $10.3M | $10.4M | — | View 990 |
| 2012 | $8.3M | $9.6M | $11.8M | $10.5M | — | View 990 |
| 2011 | $10.3M | $12.0M | $12.5M | $10.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $16.4M, expenses of $13.7M, and assets of $17.6M (revenue +73.6% year-over-year).
- 2022: Revenue of $9.5M, expenses of $8.5M, and assets of $9.3M (revenue -24.7% year-over-year).
- 2021: Revenue of $12.6M, expenses of $8.2M, and assets of $9.4M (revenue +80.9% year-over-year).
- 2020: Revenue of $6.9M, expenses of $5.6M, and assets of $4.4M (revenue +32.5% year-over-year).
- 2019: Revenue of $5.2M, expenses of $5.5M, and assets of $2.5M (revenue -1.4% year-over-year).
- 2018: Revenue of $5.3M, expenses of $5.6M, and assets of $2.8M (revenue -11.6% year-over-year).
- 2017: Revenue of $6.0M, expenses of $5.3M, and assets of $3.1M (revenue +8.2% year-over-year).
- 2016: Revenue of $5.6M, expenses of $5.2M, and assets of $2.8M (revenue +5.6% year-over-year).
- 2015: Revenue of $5.3M, expenses of $5.4M, and assets of $3.3M (revenue -32.4% year-over-year).
- 2014: Revenue of $7.8M, expenses of $7.4M, and assets of $3.9M (revenue -3.9% year-over-year).
- 2013: Revenue of $8.1M, expenses of $9.2M, and assets of $10.3M (revenue -1.9% year-over-year).
- 2012: Revenue of $8.3M, expenses of $9.6M, and assets of $11.8M (revenue -20.2% year-over-year).
- 2011: Revenue of $10.3M, expenses of $12.0M, and assets of $12.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mercer Street Friends Center:
Data Sources and Methodology
This transparency report for Mercer Street Friends Center 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.