Mercy Hospital Cadillac Foundation
Mercy Hospital Cadillac Foundation shows volatile revenue but stable assets and no executive compensation.
EIN: 203357131 · Walker, MI · NTEE: E11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $175K |
| Program Spending | 80% |
| Net Assets | $9.5M |
| Transparency Score | 75/100 |
Is Mercy Hospital Cadillac Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mercy Hospital Cadillac Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mercy Hospital Cadillac Foundation
Mercy Hospital Cadillac Foundation (EIN: 203357131) is a nonprofit organization based in Walker, MI, classified under NTEE code E11. The organization reported total revenue of $1.4M and total assets of $11.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mercy Hospital Cadillac Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mercy Hospital Cadillac Foundation is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $997K |
| Total Expenses | $175K |
| Surplus / Deficit | +$822K |
| Total Assets | $11.3M |
| Total Liabilities | $1.7M |
| Net Assets | $9.5M |
| Operating Margin | 82.4% |
| Debt-to-Asset Ratio | 15.4% |
| Months of Reserves | 772.3 months |
Financial Health Grade: A
In 2023, Mercy Hospital Cadillac Foundation reported a surplus of $822K with revenue exceeding expenses, holds 772.3 months of operating reserves (strong position), has a debt-to-asset ratio of 15.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mercy Hospital Cadillac Foundation's revenue has declined at a compound annual growth rate (CAGR) of -5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -166.8% | -55.9% | -20.1% |
| 2021 | +361.8% | +4167.0% | +3.8% |
| 2020 | +18.8% | -97.7% | +4.2% |
| 2019 | -53.4% | +425.8% | -12.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Hospital Cadillac Foundation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Mercy Hospital Cadillac Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $822K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly favorable for directing resources to the foundation's mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Mercy Hospital Cadillac Foundation's IRS 990 filings:
- Significant revenue volatility, including negative revenue in 2022 ($-1,707,308), which could indicate unpredictable funding or complex financial transactions.
- Lack of detailed expense breakdown in the provided data, making it difficult to assess program efficiency and administrative overhead ratios.
Strengths
The following positive indicators were identified for Mercy Hospital Cadillac Foundation:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds without executive salary burdens.
- Stable and substantial asset base, generally above $10 million, providing a strong financial foundation.
- Long filing history (13 filings), suggesting consistent compliance and operational longevity.
Frequently Asked Questions about Mercy Hospital Cadillac Foundation
Is Mercy Hospital Cadillac Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mercy Hospital Cadillac Foundation (EIN: 203357131) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Mercy Hospital Cadillac Foundation spend its money?
Mercy Hospital Cadillac Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mercy Hospital Cadillac Foundation tax-deductible?
Mercy Hospital Cadillac Foundation is registered as a tax-exempt nonprofit (EIN: 203357131). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mercy Hospital Cadillac Foundation's spending goes to programs?
Mercy Hospital Cadillac Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mercy Hospital Cadillac Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Mercy Hospital Cadillac Foundation is above average for NTEE category E11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mercy Hospital Cadillac Foundation located?
Mercy Hospital Cadillac Foundation is headquartered in Walker, Michigan and files with the IRS under EIN 203357131. It is classified under NTEE code E11.
How many years of IRS 990 filings does Mercy Hospital Cadillac Foundation have?
Mercy Hospital Cadillac Foundation 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 $1.4M in total revenue.
Is Mercy Hospital Cadillac Foundation a good charity?
Based on the available data, the foundation demonstrates strong financial stewardship by not paying officer compensation and maintaining a substantial asset base. However, the significant revenue volatility and lack of detailed expense breakdowns make a definitive 'good' or 'bad' assessment difficult without further information on program impact and specific spending categories.
Why is the revenue so inconsistent?
The revenue figures show extreme fluctuations, including a negative revenue of $-1,707,308 in 2022 and a positive $2,555,304 in 2021. This could be due to large, infrequent donations, investment gains/losses, or specific accounting practices related to hospital foundation operations, such as transfers or reclassifications, which are not detailed in the summary data.
What are the primary expenses of the foundation?
The provided data only shows total expenses. For example, in 2023, total expenses were $175,000. Without a detailed breakdown, it's impossible to determine the primary expense categories, such as program services, administrative overhead, or fundraising costs.
Filing History
IRS 990 filing history for Mercy Hospital Cadillac Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mercy Hospital Cadillac Foundation's revenue has declined by 50.8%, moving from $2.0M to $997K. Total assets decreased by 9.9% over the same period, from $12.5M to $11.3M. Total functional expenses fell by 74.9%, from $698K to $175K. In its most recent filing year (2023), Mercy Hospital Cadillac Foundation reported a surplus of $822K, with revenue exceeding expenses. The organization holds $1.7M in liabilities against $11.3M in assets (debt-to-asset ratio: 15.4%), resulting in net assets of $9.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $997K | $175K | $11.3M | $1.7M | — | — |
| 2022 | $-1,707,308 | $915K | $10.4M | $910K | — | View 990 |
| 2021 | $2.6M | $2.1M | $13.1M | $3.5M | — | — |
| 2020 | $553K | $49K | $12.6M | $3.0M | — | View 990 |
| 2019 | $466K | $2.1M | $12.1M | $2.5M | — | View 990 |
| 2018 | $1000K | $407K | $13.7M | $495K | — | View 990 |
| 2017 | $1.0M | $1.5M | $13.3M | $0 | — | View 990 |
| 2016 | $-83,657 | $728K | $13.3M | $116K | — | View 990 |
| 2015 | $89K | $348K | $14.8M | $163K | — | View 990 |
| 2014 | $1.2M | $623K | $14.5M | $0 | — | View 990 |
| 2013 | $312K | $709K | $13.1M | $0 | — | View 990 |
| 2012 | $478K | $446K | $12.3M | $0 | — | View 990 |
| 2011 | $2.0M | $698K | $12.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $997K, expenses of $175K, and assets of $11.3M.
- 2022: Revenue of $-1,707,308, expenses of $915K, and assets of $10.4M (revenue -166.8% year-over-year).
- 2021: Revenue of $2.6M, expenses of $2.1M, and assets of $13.1M (revenue +361.8% year-over-year).
- 2020: Revenue of $553K, expenses of $49K, and assets of $12.6M (revenue +18.8% year-over-year).
- 2019: Revenue of $466K, expenses of $2.1M, and assets of $12.1M (revenue -53.4% year-over-year).
- 2018: Revenue of $1000K, expenses of $407K, and assets of $13.7M (revenue -3.5% year-over-year).
- 2017: Revenue of $1.0M, expenses of $1.5M, and assets of $13.3M.
- 2016: Revenue of $-83,657, expenses of $728K, and assets of $13.3M (revenue -193.5% year-over-year).
- 2015: Revenue of $89K, expenses of $348K, and assets of $14.8M (revenue -92.4% year-over-year).
- 2014: Revenue of $1.2M, expenses of $623K, and assets of $14.5M (revenue +279.1% year-over-year).
- 2013: Revenue of $312K, expenses of $709K, and assets of $13.1M (revenue -34.7% year-over-year).
- 2012: Revenue of $478K, expenses of $446K, and assets of $12.3M (revenue -76.4% year-over-year).
- 2011: Revenue of $2.0M, expenses of $698K, and assets of $12.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mercy Hospital Cadillac Foundation:
Data Sources and Methodology
This transparency report for Mercy Hospital Cadillac 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.