MERCY DEVELOPMENT FOUNDATION

MERCY DEVELOPMENT FOUNDATION

Independence, OH, US
501(c)3
EIN
35-2408321
Subordinate Organization

MERCY DEVELOPMENT FOUNDATION

Independence, OH, US
501(c)3
EIN
35-2408321
Subordinate Organization

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2020

$907,843

Contributions
92%
Fundraising Events
5%
Other
2%
Investments
<1%
Government Grants
0%
Program Services
0%
Membership Dues
0%
Expenses in 2020

$639,479

Salaries & Benefits
63%
Grants
21%
Other
9%
Advertising & Promotion
4%
Offices, Occupancy & IT
2%
Fees to Service Providers
<1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2019
2020
Change
Contributions
$503,901
$835,969
+66%
Government Grants
$0
$0
-
Fundraising Events
$38,437
$49,372
+28%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$13,551
$1,796
-87%
Other
$71,839
$20,706
-71%
Total Revenues
$627,728
$907,843
+45%
Expenses
2019
2020
Change
Grants
$83,633
$137,110
+64%
Benefits to Members
$0
$0
-
Salaries & Benefits
$385,309
$402,291
+4%
Fees to Service Providers
$1,581
$5,584
+253%
Advertising & Promotion
$23,568
$24,273
+3%
Offices, Occupancy & IT
$17,067
$9,815
-42%
Interest
$0
$0
-
Depreciation
$332
$332
+0%
Other
$46,150
$60,074
+30%
Total Expenses
$557,640
$639,479
+15%
Net income
2019
2020
Change
Net income
+$70,088
+$268,364
+283%
Functional Expenses
Summary
2019
2020
Change
Program
$403,716
$137,110
-66%
Admin
$153,924
$161,321
+5%
Fundraising
$0
$341,048
-
Total Expenses
$557,640
$639,479
+15%
Income Statement
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