Merci
EIN: 473828709 · Memphis, IN · NTEE: P46
| Metric | Value |
|---|---|
| Total Revenue | $106K |
| Total Expenses | $43K |
| Net Assets | $370K |
Is Merci Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Merci
Merci (EIN: 473828709) is a nonprofit organization based in Memphis, IN, classified under NTEE code P46. The organization reported total revenue of $106K and total assets of $466K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Merci's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Merci is a small nonprofit that has been operating for 11 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of -46.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $49K |
| Total Expenses | $43K |
| Surplus / Deficit | +$6K |
| Total Assets | $371K |
| Total Liabilities | $372 |
| Net Assets | $370K |
| Operating Margin | 12.6% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 103.9 months |
Financial Health Grade: A
In 2023, Merci reported a surplus of $6K with revenue exceeding expenses, holds 103.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Merci's revenue has declined at a compound annual growth rate (CAGR) of -46.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.2% | +48.1% | +1.6% |
| 2022 | +150.3% | +2.8% | +6.8% |
| 2021 | -93.5% | +60.3% | -1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2700 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Merci 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 Merci 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 $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Merci
Is Merci a legitimate charity?
Merci (EIN: 473828709) is a registered tax-exempt nonprofit based in Indiana. It has 4 years of IRS 990 filings on record. Total revenue: $106K. No red flags identified. Financial health grade: A.
How does Merci spend its money?
Merci reported $106K in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Merci tax-deductible?
Merci is registered as a tax-exempt nonprofit (EIN: 473828709). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Merci located?
Merci is headquartered in Memphis, Indiana and files with the IRS under EIN 473828709. It is classified under NTEE code P46.
How many years of IRS 990 filings does Merci have?
Merci has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $106K in total revenue.
Filing History
IRS 990 filing history for Merci showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Merci's revenue has declined by 84.5%, moving from $317K to $49K. Total assets increased by 7.2% over the same period, from $346K to $371K. Total functional expenses rose by 144.2%, from $18K to $43K. In its most recent filing year (2023), Merci reported a surplus of $6K, with revenue exceeding expenses. The organization holds $372 in liabilities against $371K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $370K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $49K | $43K | $371K | $372 | — | View 990 |
| 2022 | $51K | $29K | $365K | $546 | — | View 990 |
| 2021 | $20K | $28K | $342K | $4K | — | View 990 |
| 2020 | $317K | $18K | $346K | $774 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $49K, expenses of $43K, and assets of $371K (revenue -4.2% year-over-year).
- 2022: Revenue of $51K, expenses of $29K, and assets of $365K (revenue +150.3% year-over-year).
- 2021: Revenue of $20K, expenses of $28K, and assets of $342K (revenue -93.5% year-over-year).
- 2020: Revenue of $317K, expenses of $18K, and assets of $346K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Merci:
Data Sources and Methodology
This transparency report for Merci 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.