Civic Intelligence

S O S Community Outreach Services Inc

990 • Fiscal year 2016 • EIN 26-1951381

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 14, 2017

Organization ProfileMercyFoundation.org
405 S Dale Mabry HwyTampa, FL 33609

(813) 304-2370

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

62nd percentile

0.20x

Higher debt load relative to assets than 62% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

83rd percentile

0.87x

Higher debt load relative to revenue than 83% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

1st percentile

-894%

Higher net margin than 1% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

1st percentile

-82%

Faster asset growth than 1% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

1st percentile

-94%

Faster revenue growth than 1% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets62nd percentile

Assets

Down

$2,512,033

Down $11,181,419 (-82%) from 2015

Net Assets

Down

$2,010,765

Down $4,919,380 (-71%) from 2015

Liabilities

Down

$501,268

Down $6,262,039 (-93%) from 2015

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin1st percentile

Revenue

Down

$574,402

Down $9,605,001 (-94%) from 2015

Expenses

Down

$5,712,013

Down $1,222,975 (-18%) from 2015

Net Income

Down

-$5,137,611

Down $8,382,026 (-258%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2013: $5,817,396Liabilities 2013: $2,743,159Net Assets 2013: $3,074,2372013Assets 2014: $7,038,408Liabilities 2014: $3,352,677Net Assets 2014: $3,685,7312014Assets 2015: $13,693,452Liabilities 2015: $6,763,307Net Assets 2015: $6,930,1452015Assets 2016: $2,512,033Liabilities 2016: $501,268Net Assets 2016: $2,010,7652016Assets 2017: $108,237Liabilities 2017: $31,003Net Assets 2017: $77,2342017

Highlighted filing

2016

Assets$2,512,033
Liabilities$501,268
Net Assets$2,010,765
Open 2016 Filing

Operations Trend

Revenue Growth1st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0M-$10MRevenue 2013: $4,808,000Expenses 2013: $1,447,645Net Income 2013: $3,360,3552013Revenue 2014: $3,875,286Expenses 2014: $3,263,792Net Income 2014: $611,4942014Revenue 2015: $10,179,403Expenses 2015: $6,934,988Net Income 2015: $3,244,4152015Revenue 2016: $574,402Expenses 2016: $5,712,013Net Income 2016: -$5,137,6112016Revenue 2017: $38,987Expenses 2017: $1,937,592Net Income 2017: -$1,898,6052017

Highlighted filing

2016

Revenue$574,402
Expenses$5,712,013
Net Income-$5,137,611
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$574,402
Mission and Program Overview

Mission

A global life improvement organization that helps

A global life improvement organization that helps underprivileged entrepreneurs create a brighter future and more productive lives for themselves, their families and their communities via educational and microfinance programs. We are unique in that these activities are only funded by the net proceeds derived from the acquisition of real estate assets via bargain sale transactions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$13,304,217$2,293,784▼ $11,010,433
Accounts Receivable$560$142,188▲ $141,628
Other Notes and Loans Receivable, Net$169,412$59,860▼ $109,552
Loans From Officers Directors$303,001$24,326▼ $278,675
Cash and Non-Interest-Bearing Accounts$147,149$9,068▼ $138,081
Land, Buildings, and Equipment, Net$5,302$2,307▼ $2,995
Total Assets$13,693,452$2,512,033▼ $11,181,419
Other Assets Total$66,812$4,826▼ $61,986
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,016,712--
Accounts Payable and Accrued Expenses$4,443,594$476,942▼ $3,966,652
Total Liabilities$6,763,307$501,268▼ $6,262,039
Net Assets / Fund Balance
Unrestricted Net Assets$6,930,145$2,010,765▼ $4,919,380
Total Net Assets Fund Balance$6,930,145$2,010,765▼ $4,919,380
Total Liabilities and Net Assets / Fund Balance$13,693,452$2,512,033▼ $11,181,419

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$2,293,784--
Equipment$2,307$20,161-
Other Assets Org$4,826--
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Joe JohnsonCEO & Director
Lindsay JohnsonExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$574,402
Change in Net Assets
$-5,137,611

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,712,013
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$78,113$10,504$0$88,617
Interest$2,380$23,585$0$25,965
Office Expenses$2,176$2,176$0$4,352
Other Expenses$0$4,177$0$4,177
Depreciation Depletion$0$2,995$0$2,995
Fees for Services Other$1,811$0$0$1,811
Fees for Services Accounting$0$1,500$0$1,500
Fees for Services Legal$0$662$0$662
Total Functional Expenses$5,655,914$56,099$0$5,712,013
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Joe JohnsonCEOLoan to MercyNo$24,326

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$303,001$24,326▼ $278,675
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Mercy Foundation Group Inc
EIN
26-1951381
Phone
8133042370
Address
405 S Dale Mabry Hwy, Tampa, FL 33609

Signing Officer

Name
Joe Johnson
Title
CEO Director
Phone
8133042370
Signed
2017-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joe Johnson
Formed
2009
Legal Domicile
Fl
Voting Board Members
2
Independent Board Members
2
Employees
0
Volunteers
5

Preparer

Firm
Robert Walker CPA PA
Address
2803 W Busch Blvd Ste 106, Tampa, FL 33618
Preparer
Robert Walker CPA
Phone
8136248643
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“The 990 is prepared by an independent cpa firm and a draft is provided to the finance committee for review. The final 990 is provided to the board prior to approval.”

Pt VI, Line 12C

“At each board meeting, the agenda is notated to remind board members to recuse from voting on any item that may be a conflict of interest.”

Pt VI, Line 19

“The foundation makes its governing documents and finacial statements available upon request.”

Pt XII, Line 1

“The foundation uses the accrual accounting method.”

Pt VI, Line 2

“The ceo and executive director are married.”

Pt XII, Line 2C

“The finance committee reviews all compilations”

Other

“Schedule D part VII - FMV is based on low-end liquidation value.”

Form 990, Part IX, Line 24E

“Dues & subscriptions 7816. 0. 7816. 0.”

Form 990, Part IX, Line 24E

“Bank fees 2688. 0. 2688. 0.”

Form 990, Part IX, Line 24E

“Educational project 994. 994. 0. 0.”

Form 990, Part IX, Line 24E

“Due diligence 5000. 5000. 0. 0.”

Form 990, Part IX, Line 24E

“Cap ex 67318. 67318. 0. 0.”

Form 990, Part IX, Line 24E

“Contractors 4672. 4672. 0. 0.”

Form 990, Part IX, Line 24E

“Property operating 129. 129. 0. 0.”

Raw XML Appendix388 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Deferred Comp
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1Working Capital
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0193584
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt1200994
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0JOE JOHNSON
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1JOE JOHNSON
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0CEO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1CEO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1true
IRS990ScheduleL/TotalBalanceDueAmt024326
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS PREPARED BY AN INDEPENDENT CPA FIRM AND A DRAFT IS PROVIDED TO THE FINANCE COMMITTEE FOR REVIEW. THE FINAL 990 IS PROVIDED TO THE BOARD PRIOR TO APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AT EACH BOARD MEETING, THE AGENDA IS NOTATED TO REMIND BOARD MEMBERS TO RECUSE FROM VOTING ON ANY ITEM THAT MAY BE A CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS AND FINACIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FOUNDATION USES THE ACCRUAL ACCOUNTING METHOD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CEO AND EXECUTIVE DIRECTOR ARE MARRIED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FINANCE COMMITTEE REVIEWS ALL COMPILATIONS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Schedule D part VII - FMV is based on low-end liquidation value.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DUES & SUBSCRIPTIONS 7816. 0. 7816. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8BANK FEES 2688. 0. 2688. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9EDUCATIONAL PROJECT 994. 994. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10DUE DILIGENCE 5000. 5000. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11CAP EX 67318. 67318. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12CONTRACTORS 4672. 4672. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13PROPERTY OPERATING 129. 129. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt XII, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt XII, Line 2c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0DE
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt013693452
IRS990/TotalAssetsEOYAmt02512033
IRS990/TotalAssetsGrp/BOYAmt013693452
IRS990/TotalAssetsGrp/EOYAmt02512033
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt056099
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt05655914
IRS990/TotalFunctionalExpensesGrp/TotalAmt05712013
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06763307
IRS990/TotalLiabilitiesEOYAmt0501268
IRS990/TotalLiabilitiesGrp/BOYAmt06763307
IRS990/TotalLiabilitiesGrp/EOYAmt0501268
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06930145
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02010765
IRS990/TotalProgramServiceExpensesAmt05655914
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0574402
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0574402
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt013693452
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02512033
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt06930145
IRS990/UnrestrictedNetAssetsGrp/EOYAmt02010765
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0405 S Dale Mabry Hwy
IRS990/USAddress/CityNm0TAMPA
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033609
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0MercyFoundation.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOE JOHNSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08133042370
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MERCY FOUNDATION GROUP INC
ReturnHeader/Filer/BusinessNameControlTxt0MERC
ReturnHeader/Filer/EIN0261951381
ReturnHeader/Filer/PhoneNum08133042370
ReturnHeader/Filer/USAddress/AddressLine1Txt0405 S Dale Mabry Hwy
ReturnHeader/Filer/USAddress/CityNm0Tampa
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033609
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId037D01614BBCBDEC9C1CEABF1223555DD313F2831
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId09BE78A63B2B994BB80C42D3444308D342F792DD2
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt047.205.11.235
ReturnHeader/FilingSecurityInformation/IPDt02017-11-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PS
ReturnHeader/FilingSecurityInformation/IPTm013:17:08
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Robert Walker CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02803 W Busch Blvd Ste 106
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Tampa
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033618
ReturnHeader/PreparerPersonGrp/PhoneNum08136248643
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT WALKER CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-11-14T13:17:18-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,512,033
Liabilities
$501,268
Net assets
$2,010,765
Revenue
$574,402
Expenses
$5,712,013
Net income
-$5,137,611
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$0.11$0.03$0.08$0.04$1.94$1.90
2016Detailed filing. Detailed filing data is available for this year.$2.51$0.50$2.01$0.57$5.71$5.14
2015Detailed filing. Detailed filing data is available for this year.$13.7$6.76$6.93$10.2$6.93$3.24
2014Detailed filing. Detailed filing data is available for this year.$7.04$3.35$3.69$3.88$3.26$0.61
2013Detailed filing. Detailed filing data is available for this year.$5.82$2.74$3.07$4.81$1.45$3.36