New Mercy Outreach Inc
EIN: 842869550 · Ontario, OH · NTEE: P32
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $1.4M |
| Net Assets | $91K |
Is New Mercy Outreach Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New Mercy Outreach Inc
New Mercy Outreach Inc (EIN: 842869550) is a nonprofit organization based in Ontario, OH, classified under NTEE code P32. The organization reported total revenue of $1.6M and total assets of $387K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Mercy Outreach Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Mercy Outreach Inc is a mid-size nonprofit that has been operating for 7 years, with 3 years of IRS 990 filings on record (2020–2022). Revenue has grown at a compound annual rate of 265.7%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$97K |
| Total Assets | $98K |
| Total Liabilities | $8K |
| Net Assets | $91K |
| Operating Margin | 6.5% |
| Debt-to-Asset Ratio | 7.6% |
| Months of Reserves | 0.8 months |
Financial Health Grade: A
In 2022, New Mercy Outreach Inc reported a surplus of $97K with revenue exceeding expenses, holds 0.8 months of operating reserves (limited), has a debt-to-asset ratio of 7.6% (very low leverage).
Financial Trends
Over 3 years of filings (2020–2022), New Mercy Outreach Inc's revenue has grown at a compound annual growth rate (CAGR) of 265.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +73.9% | +60.8% | +24834.8% |
| 2021 | +668.8% | +616.0% | +79.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New Mercy Outreach Inc 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 New Mercy Outreach Inc 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $97K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.6%.
Frequently Asked Questions about New Mercy Outreach Inc
Is New Mercy Outreach Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New Mercy Outreach Inc (EIN: 842869550) insufficient data. 0 red flags identified, 0 strengths noted.
How does New Mercy Outreach Inc spend its money?
Detailed spending breakdown data is not yet available for New Mercy Outreach Inc. Check back for updated IRS 990 analysis.
Are donations to New Mercy Outreach Inc tax-deductible?
New Mercy Outreach Inc is registered as a tax-exempt nonprofit (EIN: 842869550). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Mercy Outreach Inc located?
New Mercy Outreach Inc is headquartered in Ontario, Ohio and files with the IRS under EIN 842869550. It is classified under NTEE code P32.
How many years of IRS 990 filings does New Mercy Outreach Inc have?
New Mercy Outreach Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $1.6M in total revenue.
Filing History
IRS 990 filing history for New Mercy Outreach Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2020–2022), New Mercy Outreach Inc's revenue has grown by 1237.3%, moving from $111K to $1.5M. Total assets increased by 44759.8% over the same period, from $219 to $98K. Total functional expenses rose by 1051.5%, from $120K to $1.4M. In its most recent filing year (2022), New Mercy Outreach Inc reported a surplus of $97K, with revenue exceeding expenses. The organization holds $8K in liabilities against $98K in assets (debt-to-asset ratio: 7.6%), resulting in net assets of $91K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1.5M | $1.4M | $98K | $8K | — | View 990 |
| 2021 | $853K | $863K | $394 | $13K | — | View 990 |
| 2020 | $111K | $120K | $219 | $4K | — | — |
Year-by-Year Financial Summary
- 2022: Revenue of $1.5M, expenses of $1.4M, and assets of $98K (revenue +73.9% year-over-year).
- 2021: Revenue of $853K, expenses of $863K, and assets of $394 (revenue +668.8% year-over-year).
- 2020: Revenue of $111K, expenses of $120K, and assets of $219.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Mercy Outreach Inc:
Data Sources and Methodology
This transparency report for New Mercy Outreach Inc 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.