Mercy North Homecare And Hospice
EIN: 383313897 · Cadillac, MI
| Metric | Value |
|---|---|
| Total Expenses | $12.3M |
| Net Assets | $2.7M |
Is Mercy North Homecare And Hospice Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mercy North Homecare And Hospice
Mercy North Homecare And Hospice (EIN: 383313897) is a nonprofit organization based in Cadillac, MI. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mercy North Homecare And Hospice's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mercy North Homecare And Hospice is a large nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of -3.3%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.3M |
| Total Expenses | $12.3M |
| Surplus / Deficit | +$188 |
| Total Assets | $3.6M |
| Total Liabilities | $881K |
| Net Assets | $2.7M |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 24.4% |
| Months of Reserves | 3.5 months |
Financial Health Grade: A
In 2014, Mercy North Homecare And Hospice reported a surplus of $188 with revenue exceeding expenses, holds 3.5 months of operating reserves (adequate), has a debt-to-asset ratio of 24.4% (moderate leverage).
Financial Trends
Over 4 years of filings (2011–2014), Mercy North Homecare And Hospice's revenue has declined at a compound annual growth rate (CAGR) of -3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | +6.7% | -4.8% | -6.8% |
| 2013 | -2.1% | +5.7% | -29.8% |
| 2012 | -13.5% | -5.4% | -11.2% |
AI Analysis Pending
AI enrichment for Mercy North Homecare And Hospice has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mercy North Homecare And Hospice with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $188, with revenue exceeding expenses.
- Debt-to-asset ratio: 24.4%.
Frequently Asked Questions about Mercy North Homecare And Hospice
Is Mercy North Homecare And Hospice a legitimate charity?
Based on AI analysis of IRS 990 filings, Mercy North Homecare And Hospice (EIN: 383313897) insufficient data. 0 red flags identified, 0 strengths noted.
How does Mercy North Homecare And Hospice spend its money?
Detailed spending breakdown data is not yet available for Mercy North Homecare And Hospice. Check back for updated IRS 990 analysis.
Are donations to Mercy North Homecare And Hospice tax-deductible?
Mercy North Homecare And Hospice is registered as a tax-exempt nonprofit (EIN: 383313897). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mercy North Homecare And Hospice located?
Mercy North Homecare And Hospice is headquartered in Cadillac, Michigan and files with the IRS under EIN 383313897.
How many years of IRS 990 filings does Mercy North Homecare And Hospice have?
Mercy North Homecare And Hospice has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Mercy North Homecare And Hospice showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Mercy North Homecare And Hospice's revenue has declined by 9.7%, moving from $13.6M to $12.3M. Total assets decreased by 41.9% over the same period, from $6.2M to $3.6M. Total functional expenses fell by 4.8%, from $12.9M to $12.3M. In its most recent filing year (2014), Mercy North Homecare And Hospice reported a surplus of $188, with revenue exceeding expenses. The organization holds $881K in liabilities against $3.6M in assets (debt-to-asset ratio: 24.4%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $12.3M | $12.3M | $3.6M | $881K | — | View 990 |
| 2013 | $11.5M | $12.9M | $3.9M | $806K | — | View 990 |
| 2012 | $11.8M | $12.2M | $5.5M | $1.1M | — | View 990 |
| 2011 | $13.6M | $12.9M | $6.2M | $1.3M | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $12.3M, expenses of $12.3M, and assets of $3.6M (revenue +6.7% year-over-year).
- 2013: Revenue of $11.5M, expenses of $12.9M, and assets of $3.9M (revenue -2.1% year-over-year).
- 2012: Revenue of $11.8M, expenses of $12.2M, and assets of $5.5M (revenue -13.5% year-over-year).
- 2011: Revenue of $13.6M, expenses of $12.9M, and assets of $6.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mercy North Homecare And Hospice:
Data Sources and Methodology
This transparency report for Mercy North Homecare And Hospice 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.