Mercy Ministries Of Laredo

Mercy Ministries Of Laredo consistently spends more than its revenue, relying on substantial assets.

EIN: 200198462 · Laredo, TX · NTEE: E30 · Updated: 2026-03-28

$2.2MRevenue

$34.6MAssets

70/100Mission Score (Good)

E30

About Mercy Ministries Of Laredo

Mercy Ministries Of Laredo (EIN: 200198462) is a nonprofit organization based in Laredo, TX, classified under NTEE code E30. The organization reported total revenue of $2.2M and total assets of $34.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mercy Ministries Of Laredo's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mercy Ministries Of Laredo exhibits a consistent pattern of spending significantly more than its revenue, as evidenced by expenses of $3,850,267 against revenue of $1,849,270 in 2023, and similar deficits in prior years. While this could indicate reliance on reserves or other non-revenue funding, it warrants further investigation into the sustainability of their operations. The organization maintains substantial assets, reported at $34,649,603 in the latest filing, which provides a buffer against these operational deficits. However, the consistent negative operating margin suggests a need for a more robust fundraising strategy or a reevaluation of spending.

Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, a precise assessment is challenging. However, the absence of reported officer compensation across all filings is a positive indicator of efficient use of funds at the executive level, suggesting that resources are not being diverted to high salaries. The organization's transparency is generally good, with consistent IRS 990 filings available over many years, allowing for historical financial analysis.

Overall, Mercy Ministries Of Laredo appears to be a well-established organization with significant assets, but its financial health is challenged by persistent operating deficits. While executive compensation is not a concern, the long-term sustainability of its current spending patterns relative to its revenue streams needs to be addressed. Further transparency on the allocation of expenses would provide a clearer picture of its spending efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Mercy Ministries Of Laredo with a Mission Score of 70 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 Ministries Of Laredo 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.

Executive Compensation Analysis

Mercy Ministries Of Laredo consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is a strong positive for an organization of its size with assets exceeding $34 million.

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 Ministries Of Laredo's IRS 990 filings:

Consistent and significant operating deficits (e.g., $1,849,270 revenue vs. $3,850,267 expenses in 2023).
Reliance on asset drawdowns to cover operational costs, which is not sustainable indefinitely.

Strengths

The following positive indicators were identified for Mercy Ministries Of Laredo:

Substantial asset base ($34,649,603 in latest filing) providing financial stability.
No reported officer compensation, indicating efficient use of funds at the executive level.
Consistent IRS 990 filing history, demonstrating transparency.

Frequently Asked Questions about Mercy Ministries Of Laredo

How does Mercy Ministries Of Laredo cover its consistent operating deficits?

The organization consistently reports expenses significantly higher than its revenue (e.g., $3,850,267 expenses vs. $1,849,270 revenue in 2023). This suggests they are either drawing down on their substantial assets ($34,649,603) or relying on other non-revenue funding sources not detailed in the provided summary.

What is the long-term sustainability of the organization's financial model?

Given the persistent operating deficits over many years, the long-term sustainability of Mercy Ministries Of Laredo's financial model is questionable without a clear strategy to increase revenue or reduce expenses. While current assets are substantial, they are not infinite.

What are the specific program activities funded by Mercy Ministries Of Laredo?

The provided data does not detail the specific program activities. To understand the impact of their spending, one would need to review the full IRS 990 forms or their annual reports for program descriptions.

Filing History

IRS 990 filing history for Mercy Ministries Of Laredo showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Mercy Ministries Of Laredo's revenue has declined by 13.9%, moving from $2.1M to $1.8M. Total assets increased by 40.1% over the same period, from $24.8M to $34.8M. Total functional expenses rose by 35.2%, from $2.8M to $3.9M. In its most recent filing year (2023), Mercy Ministries Of Laredo reported a deficit of $2.0M, with expenses exceeding revenue. The organization holds $324K in liabilities against $34.8M in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $34.5M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.8M	$3.9M	$34.8M	$324K	—	View 990
2022	$2.0M	$3.5M	$35.2M	$438K	—	View 990
2021	$2.0M	$3.5M	$34.7M	$252K	—	—
2020	$2.0M	$3.2M	$29.2M	$296K	—	View 990
2019	$1.6M	$3.4M	$29.1M	$357K	—	View 990
2018	$2.2M	$3.4M	$29.8M	$615K	—	View 990
2017	$1.7M	$3.4M	$29.3M	$750K	—	View 990
2016	$2.5M	$3.2M	$28.4M	$758K	—	View 990
2015	$1.5M	$3.0M	$27.5M	$486K	—	View 990
2014	$1.6M	$2.9M	$27.8M	$576K	—	View 990
2013	$1.5M	$3.0M	$25.9M	$648K	—	View 990
2012	$1.6M	$2.9M	$24.9M	$684K	—	View 990
2011	$2.1M	$2.8M	$24.8M	$498K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.8M, expenses of $3.9M, and assets of $34.8M (revenue -8.3% year-over-year).
2022: Revenue of $2.0M, expenses of $3.5M, and assets of $35.2M (revenue +0.2% year-over-year).
2021: Revenue of $2.0M, expenses of $3.5M, and assets of $34.7M (revenue +0.7% year-over-year).
2020: Revenue of $2.0M, expenses of $3.2M, and assets of $29.2M (revenue +27.0% year-over-year).
2019: Revenue of $1.6M, expenses of $3.4M, and assets of $29.1M (revenue -28.3% year-over-year).
2018: Revenue of $2.2M, expenses of $3.4M, and assets of $29.8M (revenue +27.0% year-over-year).
2017: Revenue of $1.7M, expenses of $3.4M, and assets of $29.3M (revenue -31.2% year-over-year).
2016: Revenue of $2.5M, expenses of $3.2M, and assets of $28.4M (revenue +66.9% year-over-year).
2015: Revenue of $1.5M, expenses of $3.0M, and assets of $27.5M (revenue -3.2% year-over-year).
2014: Revenue of $1.6M, expenses of $2.9M, and assets of $27.8M (revenue +3.3% year-over-year).
2013: Revenue of $1.5M, expenses of $3.0M, and assets of $25.9M (revenue -5.8% year-over-year).
2012: Revenue of $1.6M, expenses of $2.9M, and assets of $24.9M (revenue -25.7% year-over-year).
2011: Revenue of $2.1M, expenses of $2.8M, and assets of $24.8M.

Data Sources and Methodology

This transparency report for Mercy Ministries Of Laredo 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.