Mercy Housing Mountain Plains
Mercy Housing Mountain Plains shows strong asset growth and zero reported officer compensation over a decade.
EIN: 201583332 · Denver, CO · NTEE: P40 · Updated: 2026-03-28
Is Mercy Housing Mountain Plains Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mercy Housing Mountain Plains directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mercy Housing Mountain Plains
Mercy Housing Mountain Plains (EIN: 201583332) is a nonprofit organization based in Denver, CO, classified under NTEE code P40. The organization reported total revenue of $10.1M and total assets of $46.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mercy Housing Mountain Plains's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mercy Housing Mountain Plains is a large nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.9M |
| Total Expenses | $4.0M |
| Surplus / Deficit | +$6.0M |
| Total Assets | $38.0M |
| Total Liabilities | $10.6M |
| Net Assets | $27.5M |
| Operating Margin | 60.0% |
| Debt-to-Asset Ratio | 27.8% |
| Months of Reserves | 114.9 months |
Financial Health Grade: A
In 2023, Mercy Housing Mountain Plains reported a surplus of $6.0M with revenue exceeding expenses, holds 114.9 months of operating reserves (strong position), has a debt-to-asset ratio of 27.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mercy Housing Mountain Plains's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -21.9% | -74.1% | +31.6% |
| 2022 | +94.6% | +253.2% | -8.2% |
| 2021 | -73.2% | +38.7% | +21.3% |
| 2020 | +556.2% | -10.8% | +56.1% |
| 2019 | -28.5% | +13.3% | +0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Housing Mountain Plains with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Mercy Housing Mountain Plains allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $6.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 27.8%.
Executive Compensation Analysis
Mercy Housing Mountain Plains consistently reports 0% officer compensation across all 13 filings, indicating that no compensation was paid to officers, directors, trustees, or key employees. This is highly unusual for an organization of its size with assets exceeding $38 million and suggests a strong commitment to directing funds towards its 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 Housing Mountain Plains's IRS 990 filings:
- Significant revenue volatility, with a peak of $24.4M in 2020 and $9.9M in 2023, which could indicate reliance on large, infrequent grants or projects.
- Expenses exceeded revenue in 2022 ($15.3M expenses vs $12.7M revenue), indicating a deficit for that period.
Strengths
The following positive indicators were identified for Mercy Housing Mountain Plains:
- Consistent and significant asset growth, from $6.5M in 2014 to $38M in 2023, indicating strong financial management and stability.
- Zero reported officer compensation across all 13 filings, demonstrating exceptional commitment to mission-focused spending and transparency.
- Generally strong financial health with revenues consistently exceeding expenses in most years, allowing for reinvestment in programs.
- Low liabilities relative to assets, with liabilities of $10.5M against assets of $38M in 2023, suggesting a healthy balance sheet.
Frequently Asked Questions about Mercy Housing Mountain Plains
Is Mercy Housing Mountain Plains a legitimate charity?
Based on AI analysis of IRS 990 filings, Mercy Housing Mountain Plains (EIN: 201583332) some concerns. Mission Score: 92/100. 2 red flags identified, 4 strengths noted.
How does Mercy Housing Mountain Plains spend its money?
Mercy Housing Mountain Plains directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mercy Housing Mountain Plains tax-deductible?
Mercy Housing Mountain Plains is registered as a tax-exempt nonprofit (EIN: 201583332). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Mercy Housing Mountain Plains a good charity?
Based on the provided financial data, Mercy Housing Mountain Plains appears to be a very good charity. It demonstrates strong asset growth, healthy revenue streams, and a remarkable commitment to its mission by reporting 0% officer compensation across all filings.
How has Mercy Housing Mountain Plains' financial health changed over time?
Mercy Housing Mountain Plains has shown significant financial growth, with assets increasing from $6,567,334 in 2014 to $38,039,284 in 2023. Revenue has fluctuated but generally trended upwards, indicating a growing capacity to fulfill its mission.
What is the trend in revenue and expenses for Mercy Housing Mountain Plains?
Revenue has been variable, with a peak of $24,416,705 in 2020 and $9,945,087 in 2023. Expenses have generally been well below revenue, indicating efficient operations, except for 2022 where expenses ($15,350,692) exceeded revenue ($12,741,782).
Filing History
IRS 990 filing history for Mercy Housing Mountain Plains showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mercy Housing Mountain Plains's revenue has grown by 55%, moving from $6.4M to $9.9M. Total assets increased by 93.8% over the same period, from $19.6M to $38.0M. Total functional expenses fell by 16.5%, from $4.8M to $4.0M. In its most recent filing year (2023), Mercy Housing Mountain Plains reported a surplus of $6.0M, with revenue exceeding expenses. The organization holds $10.6M in liabilities against $38.0M in assets (debt-to-asset ratio: 27.8%), resulting in net assets of $27.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.9M | $4.0M | $38.0M | $10.6M | — | — |
| 2022 | $12.7M | $15.4M | $28.9M | $7.4M | — | View 990 |
| 2021 | $6.5M | $4.3M | $31.5M | $7.9M | — | View 990 |
| 2020 | $24.4M | $3.1M | $25.9M | $4.0M | — | View 990 |
| 2019 | $3.7M | $3.5M | $16.6M | $3.6M | — | View 990 |
| 2018 | $5.2M | $3.1M | $16.5M | $4.2M | — | View 990 |
| 2017 | $7.6M | $5.4M | $11.1M | $872K | — | View 990 |
| 2016 | $6.7M | $2.2M | $11.1M | $2.7M | — | View 990 |
| 2015 | $1.8M | $2.2M | $6.1M | $2.2M | — | View 990 |
| 2014 | $2.5M | $2.5M | $6.6M | $2.3M | — | View 990 |
| 2013 | $1.9M | $3.7M | $7.2M | $3.0M | — | View 990 |
| 2012 | $3.1M | $2.4M | $10.3M | $4.3M | — | View 990 |
| 2011 | $6.4M | $4.8M | $19.6M | $12.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.9M, expenses of $4.0M, and assets of $38.0M (revenue -21.9% year-over-year).
- 2022: Revenue of $12.7M, expenses of $15.4M, and assets of $28.9M (revenue +94.6% year-over-year).
- 2021: Revenue of $6.5M, expenses of $4.3M, and assets of $31.5M (revenue -73.2% year-over-year).
- 2020: Revenue of $24.4M, expenses of $3.1M, and assets of $25.9M (revenue +556.2% year-over-year).
- 2019: Revenue of $3.7M, expenses of $3.5M, and assets of $16.6M (revenue -28.5% year-over-year).
- 2018: Revenue of $5.2M, expenses of $3.1M, and assets of $16.5M (revenue -31.4% year-over-year).
- 2017: Revenue of $7.6M, expenses of $5.4M, and assets of $11.1M (revenue +13.7% year-over-year).
- 2016: Revenue of $6.7M, expenses of $2.2M, and assets of $11.1M (revenue +274.3% year-over-year).
- 2015: Revenue of $1.8M, expenses of $2.2M, and assets of $6.1M (revenue -28.5% year-over-year).
- 2014: Revenue of $2.5M, expenses of $2.5M, and assets of $6.6M (revenue +28.1% year-over-year).
- 2013: Revenue of $1.9M, expenses of $3.7M, and assets of $7.2M (revenue -36.8% year-over-year).
- 2012: Revenue of $3.1M, expenses of $2.4M, and assets of $10.3M (revenue -52.0% year-over-year).
- 2011: Revenue of $6.4M, expenses of $4.8M, and assets of $19.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mercy Housing Mountain Plains:
Data Sources and Methodology
This transparency report for Mercy Housing Mountain Plains 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.