Mercy Education Foundation
Mercy Education Foundation consistently operates with minimal expenses and no reported officer compensation, leading to substantial asset growth.
EIN: 203432661 · Edmond, OK · NTEE: B112 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $23K |
| Program Spending | 95% |
| Net Assets | $1.9M |
| Transparency Score | 95/100 |
Is Mercy Education Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mercy Education Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mercy Education Foundation
Mercy Education Foundation (EIN: 203432661) is a nonprofit organization based in Edmond, OK, classified under NTEE code B112. The organization reported total revenue of $1.9M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mercy Education Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mercy Education Foundation is a mid-size nonprofit that has been operating for 14 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 15.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $720K |
| Total Expenses | $23K |
| Surplus / Deficit | +$698K |
| Total Assets | $1.9M |
| Total Liabilities | $147 |
| Net Assets | $1.9M |
| Operating Margin | 96.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 997.7 months |
Financial Health Grade: A
In 2023, Mercy Education Foundation reported a surplus of $698K with revenue exceeding expenses, holds 997.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Mercy Education Foundation's revenue has grown at a compound annual growth rate (CAGR) of 15.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +301.5% | -71.2% | +58.0% |
| 2022 | +27.0% | +271.5% | +9.9% |
| 2021 | -78.3% | +16.0% | +12.3% |
| 2020 | +116.8% | +120.8% | +184.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2012 |
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 Mercy Education Foundation with a Mission Score of 95 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Mercy Education Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $698K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Mercy Education Foundation reports 0% officer compensation across all available filing periods, indicating that its leadership is either entirely volunteer-based or compensated through mechanisms not classified as officer compensation on the IRS 990, which is highly favorable for efficiency.
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.
Strengths
The following positive indicators were identified for Mercy Education Foundation:
- Extremely low expense ratio relative to revenue (e.g., 2023 expenses were only 3.17% of revenue).
- Consistent growth in assets over the past decade, indicating strong financial health.
- No reported officer compensation across all filing periods, suggesting high efficiency and volunteer leadership.
- Very low liabilities, indicating a stable financial position.
- Strong program focus due to minimal administrative and fundraising costs.
Frequently Asked Questions about Mercy Education Foundation
Is Mercy Education Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mercy Education Foundation (EIN: 203432661) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Mercy Education Foundation spend its money?
Mercy Education Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mercy Education Foundation tax-deductible?
Mercy Education Foundation is registered as a tax-exempt nonprofit (EIN: 203432661). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Mercy Education Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Mercy Education Foundation is above average for NTEE category B112 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mercy Education Foundation located?
Mercy Education Foundation is headquartered in Edmond, Oklahoma and files with the IRS under EIN 203432661. It is classified under NTEE code B112.
How many years of IRS 990 filings does Mercy Education Foundation have?
Mercy Education Foundation has 12 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 $1.9M in total revenue.
Is Mercy Education Foundation a good charity?
Based on its financial filings, Mercy Education Foundation appears to be a very good charity. It consistently operates with extremely low expenses relative to its revenue, has no reported officer compensation, and has shown significant asset growth, all indicating strong financial health and efficiency in directing resources towards its mission.
How does Mercy Education Foundation manage to have such low expenses?
The organization's ability to maintain such low expenses, for example, only $22,859 in 2023 against $720,372 in revenue, suggests a highly lean operational model, potentially relying heavily on volunteer support and minimizing overhead costs. The absence of officer compensation is a major factor in this efficiency.
What is the trend in Mercy Education Foundation's assets?
Mercy Education Foundation has shown a strong upward trend in assets, growing from $37,602 in 2014 to $1,900,557 in 2023. This consistent growth indicates effective financial management and successful accumulation of resources to support its mission.
Filing History
IRS 990 filing history for Mercy Education Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Mercy Education Foundation's revenue has grown by 372.7%, moving from $152K to $720K. Total assets increased by 3547.8% over the same period, from $52K to $1.9M. Total functional expenses fell by 82.3%, from $129K to $23K. In its most recent filing year (2023), Mercy Education Foundation reported a surplus of $698K, with revenue exceeding expenses. The organization holds $147 in liabilities against $1.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $720K | $23K | $1.9M | $147 | — | — |
| 2022 | $179K | $79K | $1.2M | $147 | — | View 990 |
| 2021 | $141K | $21K | $1.1M | $147 | — | View 990 |
| 2020 | $650K | $18K | $975K | $147 | — | View 990 |
| 2019 | $300K | $8K | $343K | $147 | — | View 990 |
| 2018 | $0 | $5K | $51K | $147 | — | View 990 |
| 2017 | $33K | $35K | $56K | $148 | — | View 990 |
| 2016 | $0 | $6K | $59K | $148 | — | View 990 |
| 2015 | $167K | $140K | $65K | $148 | — | View 990 |
| 2014 | $25K | $30K | $38K | $148 | — | View 990 |
| 2013 | $76K | $88K | $43K | $341 | — | View 990 |
| 2012 | $152K | $129K | $52K | $-51 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $720K, expenses of $23K, and assets of $1.9M (revenue +301.5% year-over-year).
- 2022: Revenue of $179K, expenses of $79K, and assets of $1.2M (revenue +27.0% year-over-year).
- 2021: Revenue of $141K, expenses of $21K, and assets of $1.1M (revenue -78.3% year-over-year).
- 2020: Revenue of $650K, expenses of $18K, and assets of $975K (revenue +116.8% year-over-year).
- 2019: Revenue of $300K, expenses of $8K, and assets of $343K.
- 2018: Revenue of $0, expenses of $5K, and assets of $51K (revenue -100.0% year-over-year).
- 2017: Revenue of $33K, expenses of $35K, and assets of $56K.
- 2016: Revenue of $0, expenses of $6K, and assets of $59K (revenue -100.0% year-over-year).
- 2015: Revenue of $167K, expenses of $140K, and assets of $65K (revenue +576.9% year-over-year).
- 2014: Revenue of $25K, expenses of $30K, and assets of $38K (revenue -67.5% year-over-year).
- 2013: Revenue of $76K, expenses of $88K, and assets of $43K (revenue -50.2% year-over-year).
- 2012: Revenue of $152K, expenses of $129K, and assets of $52K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mercy Education Foundation:
Data Sources and Methodology
This transparency report for Mercy Education Foundation 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.