Civic Intelligence

Mercy Ships

EIN 26-2414132 • 501(c)3 • Lindale, TX

Profile

Mercy Ships operates hospital ships in underdeveloped countries, providing free medical care to patients, and conducting training and education for medical professionals. Mercy Ships also engages in medical infrastructure improvement projects.

PO Box 2020Lindale, TX 75771

www.mercyships.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

13th percentile

0.03x

Higher debt load relative to assets than 13% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Liabilities / Revenue

7th percentile

0.04x

Higher debt load relative to revenue than 7% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Net Margin

91st percentile

45%

Higher net margin than 91% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Top Officer Pay

24th percentile

$465,614

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 0.2% of source-year revenue.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Asset Growth

97th percentile

52%

Faster asset growth than 97% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Revenue Growth

94th percentile

85%

Faster revenue growth than 94% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Assets

Up

$382,848,734

Up $130,461,518 (+52%) from 2023

Liabilities

Up

$12,379,303

Up $313,919 (+2.6%) from 2023

Net Assets

Up

$370,469,431

Up $130,147,599 (+54%) from 2023

Revenue

Up

$287,144,079

Up $132,052,529 (+85%) from 2023

Expenses

Up

$157,056,453

Up $11,364,143 (+7.8%) from 2023

Net Income

Up

$130,087,626

Up $120,688,386 (+1284%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400M$300M$200M$100M$0Assets 2010: $7,618,000Liabilities 2010: $1,742,742Net Assets 2010: $5,875,2582010Assets 2011: $9,870,488Liabilities 2011: $2,342,094Net Assets 2011: $7,528,3942011Assets 2012: $13,234,468Liabilities 2012: $1,792,074Net Assets 2012: $11,442,3942012Assets 2013: $22,267,077Liabilities 2013: $2,746,799Net Assets 2013: $19,520,2782013Assets 2014: $35,434,815Liabilities 2014: $3,502,809Net Assets 2014: $31,932,0062014Assets 2015: $52,621,388Liabilities 2015: $4,826,004Net Assets 2015: $47,795,3842015Assets 2016: $75,169,137Liabilities 2016: $8,985,667Net Assets 2016: $66,183,4702016Assets 2017: $82,865,047Liabilities 2017: $7,428,076Net Assets 2017: $75,436,9712017Assets 2018: $123,338,393Liabilities 2018: $7,360,259Net Assets 2018: $115,978,1342018Assets 2019: $145,192,831Liabilities 2019: $13,885,846Net Assets 2019: $131,306,9852019Assets 2020: $171,351,006Liabilities 2020: $8,030,974Net Assets 2020: $163,320,0322020Assets 2021: $239,293,493Liabilities 2021: $7,056,717Net Assets 2021: $232,236,7762021Assets 2022: $246,524,346Liabilities 2022: $14,563,938Net Assets 2022: $231,960,4082022Assets 2023: $252,387,216Liabilities 2023: $12,065,384Net Assets 2023: $240,321,8322023Assets 2024: $382,848,734Liabilities 2024: $12,379,303Net Assets 2024: $370,469,4312024

Highlighted filing

2024

Assets$382,848,734
Liabilities$12,379,303
Net Assets$370,469,431

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300M$200M$100M$0-$100MExpenses 2010: $28,865,1452010Expenses 2011: $26,048,5162011Expenses 2012: $25,529,4332012Revenue 2013: $37,971,271Expenses 2013: $29,897,072Net Income 2013: $8,074,1992013Revenue 2014: $62,846,827Expenses 2014: $50,136,242Net Income 2014: $12,710,5852014Revenue 2015: $68,716,965Expenses 2015: $52,322,550Net Income 2015: $16,394,4152015Revenue 2016: $79,952,396Expenses 2016: $60,662,773Net Income 2016: $19,289,6232016Revenue 2017: $71,253,635Expenses 2017: $62,442,780Net Income 2017: $8,810,8552017Revenue 2018: $116,840,423Expenses 2018: $75,788,838Net Income 2018: $41,051,5852018Revenue 2019: $106,217,922Expenses 2019: $90,955,859Net Income 2019: $15,262,0632019Revenue 2020: $110,683,026Expenses 2020: $79,255,209Net Income 2020: $31,427,8172020Revenue 2021: $212,689,629Expenses 2021: $142,842,150Net Income 2021: $69,847,4792021Revenue 2022: $133,883,712Expenses 2022: $136,875,817Net Income 2022: -$2,992,1052022Revenue 2023: $155,091,550Expenses 2023: $145,692,310Net Income 2023: $9,399,2402023Revenue 2024: $287,144,079Expenses 2024: $157,056,453Net Income 2024: $130,087,6262024

Highlighted filing

2024

Revenue$287,144,079
Expenses$157,056,453
Net Income$130,087,626

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$383$12.4$370$287$157$130
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$252$12.1$240$155$146$9.40
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$247$14.6$232$134$137$2.99
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$239$7.06$232$213$143$69.8
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$171$8.03$163$111$79.3$31.4
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$145$13.9$131$106$91.0$15.3
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$123$7.36$116$117$75.8$41.1
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$82.9$7.43$75.4$71.3$62.4$8.81
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$75.2$8.99$66.2$80.0$60.7$19.3
2015Detailed filing. Detailed filing data is available for this year.$52.6$4.83$47.8$68.7$52.3$16.4
2014Detailed filing. Detailed filing data is available for this year.$35.4$3.50$31.9$62.8$50.1$12.7
2013Detailed filing. Detailed filing data is available for this year.$22.3$2.75$19.5$38.0$29.9$8.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.2$1.79$11.4$25.5
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.87$2.34$7.53$26.0
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.62$1.74$5.88$28.9
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 31, 2025
Return Version
2024v5.1
Gross Receipts
$288,212,837
Mission and Program Overview

Mission

Mercy Ships operates hospital ships in underdeveloped countries, providing free medical care to patients, and conducting training and education for medical professionals. Mercy Ships also engages in medical infrastructure improvement projects.

Operates hospital ships staffed by volunteer medical and non-medical crew to bring free surgeries and medical training to developing countries.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$149,183,293$163,168,812▲ $13,985,519
Pledges and Grants Receivable$2,652,142$118,608,774▲ $115,956,632
Cash and Non-Interest-Bearing Accounts$27,457,746$44,485,628▲ $17,027,882
Savings and Temporary Cash Investments$33,801,503$15,470,076▼ $18,331,427
Inventories for Sale or Use$11,484,898$13,946,560▲ $2,461,662
Accounts Receivable$15,332,552$9,773,838▼ $5,558,714
Prepaid Expenses and Deferred Charges$3,252,296$6,727,061▲ $3,474,765
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Loans From Officers Directors$0$0→ $0
Total Assets$252,387,216$382,848,734▲ $130,461,518
Other Assets Total$9,222,786$10,667,985▲ $1,445,199
Liabilities
Accounts Payable and Accrued Expenses$10,071,541$10,396,275▲ $324,734
Escrow Account Liability$1,991,183$1,983,028▼ $8,155
Deferred Revenue$2,660--
Other Liabilities$0$0→ $0
Total Liabilities$12,065,384$12,379,303▲ $313,919
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$232,010,666$231,996,809▼ $13,857
Net Assets With Donor Restrictions$8,311,166$138,472,622▲ $130,161,456
Total Net Assets Fund Balance$240,321,832$370,469,431▲ $130,147,599
Total Liabilities and Net Assets / Fund Balance$252,387,216$382,848,734▲ $130,461,518

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$152,232,777$17,691,758$169,924,535
Equipment$10,792,525$17,738,873$28,531,398
Buildings$2,261$289,637$291,898
Leasehold Improvements$141,249$55,513$196,762

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,314,720$500▲ $5,946$0$1,321,166
2023$1,308,795$0▲ $5,925$0$1,314,720
2022$1,302,918$0▲ $5,877$0$1,308,795
2021$1,296,015$0▲ $6,903$0$1,302,918
2020$1,280,489$0▲ $15,526$0$1,296,015
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gert Van De WeerdhofCEOFT$331,677$133,937$465,614
Mark ShrimeInt. Chief Medical Officer End: 12/16/2024FT$328,143$21,914$350,057
Don StephensFounderFT$300,000-$300,000
Robert CorleyCOOFT$261,210$35,739$296,949
Jitze KramerVP OF GLOBAL BRANDING END: 9/30/24FT$232,593$60,200$292,793
Ebenezer PuplampuCPOFT$246,188$32,766$278,954
Nicolas AdameCFO Start: 01/08/2024FT$235,571$31,858$267,429
Paul OwenSecretary & GENERAL COUNSEL End: 7/16/2024FT$247,863$15,090$262,953
Kerry PetersonVP Advancement/asst. SecretaryFT$205,481$28,253$233,734
Brandon KeanControllerFT$167,512$31,090$198,602
Dave ShwadlenakVP of Information TechnologyFT$163,001$30,894$193,895
Barney GoodallInterim CFO End: 1/7/2024FT$192,104-$192,104
Nathan JansenManaging DirectorFT$179,246-$179,246
David SchwabSecretary & General Counsel Start: 9/3/2024FT$108,065-$108,065
Linda PruettP & C Project Mgr/ Assist. SecretaryFT$72,109$7,473$79,582

Board Members and Trustees

NameTitle
Gary BrownChairman
Peter B SchulzeTREASURER/ Vice Chairman
Bert Van DijkVice Chairman
Jan Van Den BoschVice Chairman
Thomas LatkovicVice Chairman
Ann GloagDirector
Dr Bertha AyiDirector
Dr Carrie TibblesDirector
Dr Edwin StephenDirector
Dr Loic PfisterDirector
Dr Michael SpenceDirector
Dr Michelle WhiteDirector
Filip RyggDirector
Gary BelvinDirector
Gilbert WalterDirector
Guy WadeDirector
James F CoppensDirector
Janeen UzzellDirector
Lois BoyleDirector
Lucy QuistDirector
Phd Michael LindsayDirector
Phd Ronald L GoodeDirector
Rev Jonathan WeaverDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Full HeartsMail Solicitations254 NORTH LAKE AVENUE, CLYDEBANK BUSINESS PARK, Pasadena, CA 91101, Nl$22,792,746
Mindwize MarketingMail Solicitations75 LENFANT PLAZA SW, Washington, DC 20260-0004, Sl$3,969,703
U S Postal ServiceMail ProviderALBA HOUSE 2 CENTRAL AVENUE, Clydebank, Uk$2,857,538
Foil PetroleumFuel Provider-$2,134,295
Northern Marine Manning ServicesContracted Mariners-$2,066,836
Revenue and Support

Revenue Composition

Contributions and Grants
$284,383,021
Program Service Revenue
$39,708
Investment Income
$2,381,126
Other Revenue
$340,224
All Other Contributions
$262,637,020
Change in Net Assets
$130,087,626

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Drugs and Medical Supplies496$4,122,386Market value
Securities Publicly Traded129$1,873,171Market value
Other Non Cash Contri Table8$1,838,112Market value
Other Non Cash Contri Table1$155,900Market value
Other Non Cash Contri Table16$20,734Market value
Other Non Cash Contri Table4$3,293Market value
Total Noncash Contributions654$8,013,596-

Audited Revenue Reconciliation

Revenue per Audited Statements
$287,414,032
Revenue Not Reported on Financial Statements
$-269,953
Revenue Not Reported on Form 990
$46,106,223
Other Revenue Adjustments
$-269,953
Total Revenue per Audited Statements
$333,520,255
Total Revenue per Form 990
$287,144,079
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$102,795,336
Salaries, Compensation, and Employee Benefits$45,868,249
Total Fundraising Expense$22,674,726
Professional Fundraising Fees$5,736,282
Grants and Similar Amounts Paid$2,656,586

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$29,205,859$4,792,796$2,418,760$36,417,415
Fees for Services Other$22,031,579$1,884,969$2,494,049$26,410,597
Advertising$6,380,917$1,308,985$1,305,549$8,995,451
Depreciation Depletion$7,916,031$65,341-$7,981,372
Travel$6,676,841$196,604$296,593$7,170,038
All Other Expenses$449,267$4,209,807$1,301,446$5,960,520
Fees for Services Professional Fundraising--$5,736,282$5,736,282
Office Expenses$4,761,414$500,665$61,901$5,323,980
Other Expenses$4,420,950$62,796$1,760$4,485,506
Information Technology$3,689,102$382,198$3,109$4,074,409
Other Employee Benefits$3,254,101$516,440$218,005$3,988,546
Occupancy$2,230,137$457,228$855,933$3,543,298
Current Officers, Directors, Trustees, and Key Employees$1,501,842$441,875$486,709$2,430,426
Payroll Taxes$1,694,943$328,793$209,306$2,233,042
Grants to Domestic Orgs$1,758,310--$1,758,310
Foreign Grants$884,276--$884,276
Pension Plan Contributions$615,934$104,785$78,101$798,820
Fees for Services Legal$184,758$176,979$6,609$368,346
Insurance$180,869$4,894-$185,763
Fees for Services Accounting$103,936$33,778-$137,714
Conferences and Meetings$78,939$17,695$3,105$99,739
Grants to Domestic Individuals$14,000--$14,000
Interest$46$15-$61
Total Functional Expenses$118,078,677$16,303,050$22,674,726$157,056,453

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$203,320,816
Expenses per Audited Statements$158,634,763
Total Expenses per Form 990$157,056,453
Expenses Not Reported on Form 990$44,686,053
Expenses Not Reported on Financial Statements$-1,578,310
Other Expense Adjustments$-1,578,310
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Mercy Ships FoundationLindale, TX501 (c) (3)Programmatic Support$1,758,310

International Summary

Offices
9
Employees
3,242
Spending
$113,191,209

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Sub-Saharan AfricaProgram ServicesGlm11,788$58,999,212
Sub-Saharan AfricaProgram ServicesAfm11,320$38,842,405
Sub-Saharan AfricaProgram ServicesEducation, Training and Advocacy7134$14,465,316
Sub-Saharan AfricaGrantmakingGrantmaking00$883,679
Europe (Including Iceland and Greenland)GrantmakingGrantmaking00$597
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$5,736,282
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 3 Delegation of management duties

For 2024, mercy ships had a management agreement with globalization partners llc. This agreement requires globalization partners llc provide personnel to perform duties as the organization's executive employees. Per irs guidance, no compensation is shown on form 990, part vii, for the following individual: barney goodall $192,103.62

Form 990, Part VI, Line 4 Significant changes to organizational documents

Effective 1 January 2024, Mercy Ships International was merged into Mercy Ships (Operations), with the surviving entity being Mercy Ships (Operations). As part of the merger, the name of Mercy Ships (Operations) was changed to Mercy Ships International.

Form 990, Part VI, Line 11B Review of form 990 by governing body

The organization's form 990 was prepared by an independent cpa firm and reviewed in detail by the chief financial officer and treasurer. After internal review, the form 990 will be forwarded to msi afcc for their review and changes , if any. The afcc then forwards recommendation to the msi executive committee. The msi executive committee will have a limited period review of the 990 before filing. No formal resolution is to be completed. After all comments and questions were addressed, the 990 was filed with the irs. The form 990 is distributed to a wider board after filing.

Form 990, Part VI, Line 12C Conflict of interest policy

Board members and senior staff including officers are required to complete a conflicts of interest questionnaire on an annual basis. Disclosures are required to be updated with potential conflicts as they become known throughout the year. The signed questionnaires are reviewed by the audit and finance committee. If a conflict is identifid by management or by the board, the person with a conflict recuses themselves from the decision-making process, and the board votes on whether or not to engage in the transaction, based on whether it is in the best interests of mercy ships

Form 990, Part VI, Line 15A Process to establish compensation of top management official

THE MERCY SHIPS BOARD OF DIRECTORS ESTABLISHES THE COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT. A COMPENSATION COMMITTEE COMPRISED OF INDEPENDENT TOP MANAGEMENT PERSONNEL REVIEWS AND APPROVES ALL OTHER COMPENSATION. COMPARABILITY DATA IS USED ANNUALLY AND THE DECISIONS REACHED ARE DOCUMENTED IN BOTH THE MINUTES OF THE BOARD AND COMMITTEE AND INDIVIDUAL PERSONNEL FILES. The process was last undertaken during 2024.

Form 990, Part VI, Line 15B Process to establish compensation of other employees

THE MERCY SHIPS BOARD OF DIRECTORS ESTABLISHES THE COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT. A COMPENSATION COMMITTEE COMPRISED OF INDEPENDENT TOP MANAGEMENT PERSONNEL REVIEWS AND APPROVES ALL OTHER COMPENSATION. COMPARABILITY DATA IS USED ANNUALLY AND THE DECISIONS REACHED ARE DOCUMENTED IN BOTH THE MINUTES OF THE BOARD AND COMMITTEE AND INDIVIDUAL PERSONNEL FILES. The process was last undertaken during 2024.

Form 990, Part VI, Line 19 Required documents available to the public

Mercy ships makes its governing documents, conflict of interest policy, and financial statements available for public inspection at the international support center in lindale, texas during regular business hours. Documents are also made available upon written request

Filing and Contact Details

Filer

Filer Name
Mercy Ships International
EIN
26-2414132
Phone
9039397000
Address
PO BOX 2020, LINDALE, TX 75771

Signing Officer

Name
Nick Adame
Title
CFO
Phone
9039397000
Signed
2025-07-31
Discuss with paid preparer
Yes

Organization Details

Formed
2008
Legal Domicile
TX
Voting Board Members
25
Independent Board Members
23
Employees
591
Volunteers
3,168

Preparer

Firm
Forvis Mazars LLP
Address
14221 Dallas Parkway Suite 400, Dallas, TX 75254
Preparer
Andrew Gray
Phone
9727028262
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 4B FOREIGN COUNTRIES

United kingdom guinea liberia madagascar sierra leone togo senegal cameroon benin

Form 990, Part IX, Line 11G Other Fees

Consulting Expenses - Total Expense: 1059263, Program Service Expense: 757563, Management and General Expenses: 132602, Fundraising Expenses: 169098; Contract Services - Total Expense: 24029646, Program Service Expense: 19952328, Management and General Expenses: 1752367, Fundraising Expenses: 2324951; Day Worker - Total Expense: 1321688, Program Service Expense: 1321688, Management and General Expenses: , Fundraising Expenses: ;

Form 990, Part XI, Line 9 Other changes in net assets or fund balances

Loss on Foreign Currency Translation - -377076; Affiliate Transfers - 962526;

Schedule F, Part I, Line 3

Foreign expenditures are accounted for according to the accrual basis of accounting, using expense reports, annual reports from grantees, and other appropriate documentation.

Schedule F, Part I

Afm mi ltd is the maritime legal entity that owns the hospital ship africa mercy, that is operated by mercy ships international to carry out its charitable activities. Afm mi ltd is owned and controlled by mercy ships foundation, a related organization. Glm mi ltd is the maritime legal entity that owns the hospital ship global mercy, that is operated by mercy ships international to carry out its charitable activities. Glm mi ltd is owned and controlled by mercy ships foundation, a related organization.

General

THE MOST COMPLETE PICTURE OF MERCY SHIPS GLOBAL OPERATIONS IS CONTAINED IN THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS OF MERCY SHIPS AND ITS AFFILIATES. THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS ARE AVAILABLE IN THEIR ENTIRETY ON THE MERCY SHIPS WEBSITE AT https://www.mercyships.org/wp-content/uploads/2025/06/MS-24-Consolidated-and-Combined-FS-Final.pdf. AS A PARTY INTERESTED IN THE ACTIVITIES OF MERCY SHIPS, WE ENCOURAGE YOU TO VISIT OUR WEBSITE AND REVIEW THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS.

Form 990, Part III

Mercy Ships receives grants from its international affiliates which are used to pay for programmatic expenses. Non-programmatic expenses for Mercy Ships, including payroll, are covered by domestic donations.

Financial Statement Notes

Schedule D, Part X, Line 2 ASC 740 FOOTNOTE:

Management has evaluated their income tax positions under the guidance included in asc 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements.

Schedule D, Part IV, Line 2B Explanation of escrow agreement

Mercy ships maintains a bank on board its ships for the convenience of its crew members.

Schedule D, Part V, Line 4 Intended uses of endowment funds

1) the support of staff/crew that need assistance in raising the support necessary for monthly living expenses and 2) to help support the organization's operational and/or programmatic activities.

Schedule D, Part XI, Line 2(D) Other revenues in audited financial statements not in form 990

LOSS ON FOREIGN CURRENCY TRANSLATION - -377076 Affiliate Transfers - 7532527

Schedule D, Part XI, Line 4(B) Other revenues in form 990 not in audited financial statements

Cost of goods sold - -269953

Schedule D, Part XII, Line 2(D) Other expenses in audited financial statements not in form 990

COST OF GOODS SOLD - 269953 Affiliate Transfers - 4939851

Schedule D, Part XII, Line 4(B) Other expenses in form 990 not in audited financial statements

Grant from Mercy Ships Foundation - -1758310 Intercompany Rent - 180000

Raw XML AppendixShowing 400 of 1,490 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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IRS990/AccountsPayableAccrExpnssGrp/EOYAmt010396275
IRS990/AccountsReceivableGrp/BOYAmt015332552
IRS990/AccountsReceivableGrp/EOYAmt09773838
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0OPERATES HOSPITAL SHIPS STAFFED BY VOLUNTEER MEDICAL AND NON-MEDICAL CREW TO BRING FREE SURGERIES AND MEDICAL TRAINING TO DEVELOPING COUNTRIES.
IRS990/AdvertisingGrp/FundraisingAmt01305549
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