Mercy Learning Center Of Bridgeport Incorporated
Mercy Learning Center: Strong Program Spending, Modest Growth
EIN: 222859879 · Bridgeport, CT · NTEE: B61Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $6.7M |
| Total Expenses | $3.5M |
| Program Spending | 89% |
| Net Assets | $14.5M |
| Transparency Score | 85/100 |
Is Mercy Learning Center Of Bridgeport Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mercy Learning Center Of Bridgeport Incorporated directs 89% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mercy Learning Center Of Bridgeport Incorporated
Mercy Learning Center Of Bridgeport Incorporated (EIN: 222859879) is a nonprofit organization based in Bridgeport, CT, classified under NTEE code B61Z. The organization reported total revenue of $6.7M and total assets of $15.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mercy Learning Center Of Bridgeport Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mercy Learning Center Of Bridgeport Incorporated is a mid-size nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 6.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.8M |
| Total Expenses | $3.5M |
| Surplus / Deficit | +$375K |
| Total Assets | $14.6M |
| Total Liabilities | $129K |
| Net Assets | $14.5M |
| Operating Margin | 9.8% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 50.8 months |
Financial Health Grade: A
In 2024, Mercy Learning Center Of Bridgeport Incorporated reported a surplus of $375K with revenue exceeding expenses, holds 50.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Mercy Learning Center Of Bridgeport Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -4.9% | +16.1% | +11.0% |
| 2023 | -23.0% | +6.6% | +15.4% |
| 2022 | +30.3% | -5.7% | +12.7% |
| 2021 | +35.8% | +7.2% | +21.9% |
| 2020 | -16.9% | +18.0% | +6.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
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 Learning Center Of Bridgeport Incorporated with a Mission Score of 85 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: 89%
- fundraising: 4%
According to IRS 990 filings, Mercy Learning Center Of Bridgeport Incorporated allocates its expenses as follows: admin: 7%, programs: 89%, fundraising: 4%. With 89% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $375K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.9%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, with 'c0%' reported for the highest-paid individuals across all years, which could mean compensation is below the reporting threshold or is pro-bono.
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 Learning Center Of Bridgeport Incorporated's IRS 990 filings:
- Lack of detailed executive compensation information makes it difficult to fully assess leadership costs and potential for conflicts of interest.
Strengths
The following positive indicators were identified for Mercy Learning Center Of Bridgeport Incorporated:
- Consistently high percentage of expenses dedicated to programs (e.g., 89% in 2024 based on $3,455,361 program expenses out of $3,830,605 total expenses).
- Steady growth in total assets over the past seven years, indicating financial stability and increasing capacity.
- Low liabilities relative to assets, suggesting good financial health and limited debt burden.
Frequently Asked Questions about Mercy Learning Center Of Bridgeport Incorporated
Is Mercy Learning Center Of Bridgeport Incorporated a legitimate charity?
Mercy Learning Center Of Bridgeport Incorporated (EIN: 222859879) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $6.7M. 1 red flag identified. 3 strengths noted. Financial health grade: A.
How does Mercy Learning Center Of Bridgeport Incorporated spend its money?
Mercy Learning Center Of Bridgeport Incorporated directs 89% of its spending to programs and services. Fundraising costs 4%. This exceeds the 65% industry benchmark.
Are donations to Mercy Learning Center Of Bridgeport Incorporated tax-deductible?
Mercy Learning Center Of Bridgeport Incorporated is registered as a tax-exempt nonprofit (EIN: 222859879). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mercy Learning Center Of Bridgeport Incorporated's spending goes to programs?
Mercy Learning Center Of Bridgeport Incorporated directs 89% to programs, 4% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mercy Learning Center Of Bridgeport Incorporated compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Mercy Learning Center Of Bridgeport Incorporated is above average for NTEE category B61Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mercy Learning Center Of Bridgeport Incorporated located?
Mercy Learning Center Of Bridgeport Incorporated is headquartered in Bridgeport, Connecticut and files with the IRS under EIN 222859879. It is classified under NTEE code B61Z.
How many years of IRS 990 filings does Mercy Learning Center Of Bridgeport Incorporated have?
Mercy Learning Center Of Bridgeport Incorporated 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 $6.7M in total revenue.
What does Mercy Learning Center Of Bridgeport Incorporated do?
Mercy Learning Center Of Bridgeport Incorporated is a nonprofit organization in the Education sector, located in Bridgeport, Connecticut. It is classified under NTEE code B61Z.
How much revenue does Mercy Learning Center Of Bridgeport Incorporated have?
Mercy Learning Center Of Bridgeport Incorporated reported total revenue of $6,745,098. Based on 13 IRS 990 filings on record.
What are Mercy Learning Center Of Bridgeport Incorporated's total assets?
Mercy Learning Center Of Bridgeport Incorporated holds total assets of $15,553,993 as reported in IRS 990 filings.
Where is Mercy Learning Center Of Bridgeport Incorporated located?
Mercy Learning Center Of Bridgeport Incorporated is based in Bridgeport, Connecticut.
What is Mercy Learning Center Of Bridgeport Incorporated's EIN?
Mercy Learning Center Of Bridgeport Incorporated's Employer Identification Number (EIN) is 222859879. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Mercy Learning Center Of Bridgeport Incorporated?
Mercy Learning Center Of Bridgeport Incorporated is classified under NTEE code B61Z (Education).
Is Mercy Learning Center Of Bridgeport Incorporated a registered 501(c)(3)?
Yes, Mercy Learning Center Of Bridgeport Incorporated is recognized as a tax-exempt organization by the IRS. EIN: 222859879.
Does Mercy Learning Center Of Bridgeport Incorporated file IRS Form 990?
Yes, Mercy Learning Center Of Bridgeport Incorporated has 13 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Mercy Learning Center Of Bridgeport Incorporated's revenue in 2024?
In the 202406 filing period, Mercy Learning Center Of Bridgeport Incorporated reported total revenue of $3,830,605, total expenses of $3,455,361, and net assets of $14,615,616.
Is Mercy Learning Center Of Bridgeport Incorporated's revenue growing or declining?
Mercy Learning Center Of Bridgeport Incorporated's revenue is relatively stable. Revenue went from $4,027,929 (202306) to $3,830,605 (202406), a -4.9% change. Based on 13 filings on record.
What is Mercy Learning Center Of Bridgeport Incorporated's most recent 990 filing?
The most recent IRS Form 990 filing for Mercy Learning Center Of Bridgeport Incorporated covers tax period 202406. It shows revenue of $3,830,605, expenses of $3,455,361, total assets of $14,615,616, and liabilities of $129,414.
How much does Mercy Learning Center Of Bridgeport Incorporated spend on programs vs administration?
Based on IRS 990 analysis, Mercy Learning Center Of Bridgeport Incorporated allocates approximately 89% of expenses to program services, 7% to administrative costs, and 4% to fundraising. This indicates strong program focus.
Is Mercy Learning Center Of Bridgeport Incorporated a trustworthy charity?
Based on AI analysis of IRS 990 data, Mercy Learning Center Of Bridgeport Incorporated appears trustworthy. Mission Score: 85/100 (Excellent). 1 red flag identified. 3 strengths noted.
What are the red flags for Mercy Learning Center Of Bridgeport Incorporated?
The following concerns were identified: Lack of detailed executive compensation information makes it difficult to fully assess leadership costs and potential for conflicts of interest.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Mercy Learning Center Of Bridgeport Incorporated's strengths?
Positive indicators for Mercy Learning Center Of Bridgeport Incorporated include: Consistently high percentage of expenses dedicated to programs (e.g., 89% in 2024 based on $3,455,361 program expenses out of $3,830,605 total expenses).. Steady growth in total assets over the past seven years, indicating financial stability and increasing capacity.. Low liabilities relative to assets, suggesting good financial health and limited debt burden.. These findings are derived from AI analysis of the organization's financial filings.
How does Mercy Learning Center Of Bridgeport Incorporated compensate executives?
Executive compensation is not explicitly detailed in the provided data, with 'c0%' reported for the highest-paid individuals across all years, which could mean compensation is below the reporting threshold or is pro-bono. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent 'c0%' for executive compensation, what is the actual compensation structure for key leadership, and how does the organization ensure fair and competitive compensation without explicit disclosure?
The 'c0%' likely indicates that no individual's compensation exceeded the IRS reporting threshold for highly compensated employees, or that key leadership roles are filled by volunteers. To ensure fair and competitive compensation, the organization would need to conduct internal reviews and benchmark against similar nonprofits, even if not publicly disclosed.
Filing History
IRS 990 filing history for Mercy Learning Center Of Bridgeport Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Mercy Learning Center Of Bridgeport Incorporated's revenue has grown by 119.5%, moving from $1.7M to $3.8M. Total assets increased by 267% over the same period, from $4.0M to $14.6M. Total functional expenses rose by 141.7%, from $1.4M to $3.5M. In its most recent filing year (2024), Mercy Learning Center Of Bridgeport Incorporated reported a surplus of $375K, with revenue exceeding expenses. The organization holds $129K in liabilities against $14.6M in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $14.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $3.8M | $3.5M | $14.6M | $129K | — | View 990 |
| 2023 | $4.0M | $3.0M | $13.2M | $71K | — | View 990 |
| 2022 | $5.2M | $2.8M | $11.4M | $11K | — | View 990 |
| 2021 | $4.0M | $3.0M | $10.1M | $44K | — | — |
| 2020 | $3.0M | $2.8M | $8.3M | $389K | — | View 990 |
| 2019 | $3.6M | $2.3M | $7.8M | $138K | — | View 990 |
| 2018 | $2.4M | $2.1M | $6.3M | $94K | — | — |
| 2017 | $2.8M | $2.0M | $6.0M | $113K | — | View 990 |
| 2016 | $2.3M | $2.0M | $4.9M | $85K | — | View 990 |
| 2015 | $2.3M | $1.9M | $4.6M | $101K | — | View 990 |
| 2014 | $2.0M | $1.8M | $4.2M | $85K | — | View 990 |
| 2013 | $1.7M | $1.7M | $4.0M | $75K | — | View 990 |
| 2012 | $1.7M | $1.4M | $4.0M | $20K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $3.8M, expenses of $3.5M, and assets of $14.6M (revenue -4.9% year-over-year).
- 2023: Revenue of $4.0M, expenses of $3.0M, and assets of $13.2M (revenue -23.0% year-over-year).
- 2022: Revenue of $5.2M, expenses of $2.8M, and assets of $11.4M (revenue +30.3% year-over-year).
- 2021: Revenue of $4.0M, expenses of $3.0M, and assets of $10.1M (revenue +35.8% year-over-year).
- 2020: Revenue of $3.0M, expenses of $2.8M, and assets of $8.3M (revenue -16.9% year-over-year).
- 2019: Revenue of $3.6M, expenses of $2.3M, and assets of $7.8M (revenue +49.6% year-over-year).
- 2018: Revenue of $2.4M, expenses of $2.1M, and assets of $6.3M (revenue -16.3% year-over-year).
- 2017: Revenue of $2.8M, expenses of $2.0M, and assets of $6.0M (revenue +23.4% year-over-year).
- 2016: Revenue of $2.3M, expenses of $2.0M, and assets of $4.9M (revenue +1.0% year-over-year).
- 2015: Revenue of $2.3M, expenses of $1.9M, and assets of $4.6M (revenue +14.1% year-over-year).
- 2014: Revenue of $2.0M, expenses of $1.8M, and assets of $4.2M (revenue +18.9% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.7M, and assets of $4.0M (revenue -3.5% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.4M, and assets of $4.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mercy Learning Center Of Bridgeport Incorporated:
Data Sources and Methodology
This transparency report for Mercy Learning Center Of Bridgeport Incorporated 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.