Civic Intelligence

Mercy Ships International

990 • Fiscal year 2022 • EIN 26-2414132

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

Organization ProfileWWW.MERCYSHIPS.ORG

View Organization Page

PO Box 2020Lindale, TX 75771

(903) 939-7000

Siviq Scores

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

Liabilities / Assets

21st percentile

0.06x

Higher debt load relative to assets than 21% of similar nonprofits.

2022 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2022

Liabilities / Revenue

17th percentile

0.11x

Higher debt load relative to revenue than 17% of similar nonprofits.

2022 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2022

Net Margin

25th percentile

-2.2%

Higher net margin than 25% of similar nonprofits.

2022 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2022

Top Officer Pay

43rd percentile

$412,516

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 0.3% of source-year revenue.

2022 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2022

Asset Growth

66th percentile

3.0%

Faster asset growth than 66% of similar nonprofits.

2022 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2021 to 2022

Revenue Growth

8th percentile

-37%

Faster revenue growth than 8% of similar nonprofits.

2022 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets21st percentile

Assets

Up

$246,524,346

Up $7,230,853 (+3.0%) from 2021

Net Assets

Down

$231,960,408

Down $276,368 (-0.1%) from 2021

Liabilities

Up

$14,563,938

Up $7,507,221 (+106%) from 2021

Revenue And Expenses
Liabilities / Revenue17th percentileNet Margin25th percentile

Revenue

Down

$133,883,712

Down $78,805,917 (-37%) from 2021

Expenses

Down

$136,875,817

Down $5,966,333 (-4.2%) from 2021

Net Income

Down

-$2,992,105

Down $72,839,584 (-104%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth66th percentile

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

$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

2022

Assets$246,524,346
Liabilities$14,563,938
Net Assets$231,960,408
Open 2022 Filing

Operations Trend

Revenue Growth8th percentile

Revenue, expenses, and net income across loaded years, with this 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

2022

Revenue$133,883,712
Expenses$136,875,817
Net Income-$2,992,105
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$134,404,131
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$155,818,404$157,888,525▲ $2,070,121
Savings and Temporary Cash Investments$34,552,494$42,528,889▲ $7,976,395
Cash and Non-Interest-Bearing Accounts$25,289,056$18,254,108▼ $7,034,948
Inventories for Sale or Use$6,152,035$9,936,371▲ $3,784,336
Accounts Receivable$10,605,437$9,772,668▼ $832,769
Prepaid Expenses and Deferred Charges$3,928,151$3,459,246▼ $468,905
Pledges and Grants Receivable$0$226,442▲ $226,442
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$239,293,493$246,524,346▲ $7,230,853
Other Assets Total$2,947,916$4,458,097▲ $1,510,181
Liabilities
Accounts Payable and Accrued Expenses$4,443,094$8,787,021▲ $4,343,927
Other Liabilities$1,045,248$3,842,303▲ $2,797,055
Escrow Account Liability$1,557,190$1,933,254▲ $376,064
Deferred Revenue$11,185$1,360▼ $9,825
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$7,056,717$14,563,938▲ $7,507,221
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$216,975,524$216,159,319▼ $816,205
Net Assets With Donor Restrictions$15,261,252$15,801,089▲ $539,837
Total Net Assets Fund Balance$232,236,776$231,960,408▼ $276,368
Total Liabilities and Net Assets / Fund Balance$239,293,493$246,524,346▲ $7,230,853

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$153,439,858$7,480,081$160,919,939
Equipment$3,010,736$8,862,286$11,873,022
Leasehold Improvements$1,148,995-$1,148,995
Buildings$288,936$276,079$565,015

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$1,302,918-▲ $5,877-$1,308,795
2021$1,296,015-▲ $6,903-$1,302,918
2020$1,280,489-▲ $15,526-$1,296,015
2019$1,250,011-▲ $30,478-$1,280,489
2018$1,049,888$200,000▲ $123-$1,250,011
Compensation and Service Providers
Top Officer Pay43rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Thomas StognerFormer CEOFT$10,938$401,578$412,516
Don StephensFounderFT$300,000-$300,000
Gert van de WeerdhofCEOFT$264,081$8,360$272,441
Robert CorleyCOOFT$238,034$27,005$265,039
Paul OwenGeneral CounselFT$234,721$26,605$261,326
Fred GroteCFOFT$229,965$26,532$256,497
Jitze KramerVP of Global BrandingFT$171,111$24,997$196,108
Kerry PetersonVP Advancement/Asst. SecretaryFT$174,347$11,855$186,202
Amy NyquistDirector of DVLPMT PhilanthropyFT$133,748$21,960$155,708
LeAnn RichburgControllerFT$138,368$12,854$151,222
Cecilia VillaSenior Director - DevelopmentFT$133,442$12,990$146,432
Angie FadelyExecutive Advisor - OCOOFT$131,090$10,031$141,121
James PatersonMarine Executive ConsultantFT$126,759$3,666$130,425
Linda PruettAssistant SecretaryFT$56,183$8,599$64,782

Board Members and Trustees

NameTitle
Peter B SchulzeChairman
Guy WadeDirector
Lois BoyleDirector
Gary BrownDirector/Treasurer
Ronald L Goode PhDSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
We Are ChangemakersMail Solicitations254 NORTH LAKE AVENUE 342, Pasadena, CA 91101, Da$17,459,324
Maersk AsMarine Fuel providerPO MILICIAS DE GARACHICO 1 EDIFIC S, Santa Cruz De Tenerife, 0, Sp$2,859,089
Tenerife Offshore Shipping AgencyShipping AgentPLANETENWEG 99, Hl Hoofddorp, 0, Nl$2,828,498
Mindwize MarketingMail SolicitationsFLOISBONNVEIEN 6 POSTBOKS 565, Kolbotn, 0, No$2,464,564
Akzo Nobel CoatingsMarine Paint provide-$2,052,174
Revenue and Support

Revenue Composition

Contributions and Grants
$133,759,038
Program Service Revenue
$34,448
Investment Income
$166,847
Other Revenue
$-76,621
All Other Contributions
$102,320,447
Change in Net Assets
$-2,992,105

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 Supplies80$4,610,961Fair Market Value (FMV) - Similar Sales
Securities Publicly Traded102$3,893,284Fair Market Value (FMV) - Similar Sales
Other Non Cash Contri Table10$1,024,638Fair Market Value (FMV) - Similar Sales
Other Non Cash Contri Table8$969,264Fair Market Value (FMV) - Similar Sales
Other Non Cash Contri Table3$6,000Fair Market Value (FMV) - Similar Sales
Other Non Cash Contri Table1$25Fair Market Value (FMV)
Total Noncash Contributions204$10,504,172-

Audited Revenue Reconciliation

Revenue per Audited Statements
$134,352,576
Revenue Not Reported on Financial Statements
$-468,864
Revenue Not Reported on Form 990
$26,740,237
Other Revenue Adjustments
$-468,864
Total Revenue per Audited Statements
$161,092,813
Total Revenue per Form 990
$133,883,712
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$84,221,991
Salaries, Compensation, and Employee Benefits$28,747,355
Total Fundraising Expense$20,720,020
Grants and Similar Amounts Paid$16,353,671
Professional Fundraising Fees$7,552,800

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$16,134,814$3,848,577$2,112,301$22,095,692
Fees for Services Other$16,157,522$1,367,811$1,897,233$19,422,566
Grants to Domestic Orgs$11,961,681--$11,961,681
All Other Expenses$5,460,546$3,340,245$770,658$9,571,449
Fees for Services Professional Fundraising--$7,552,800$7,552,800
Depreciation Depletion$5,701,753$71,178-$5,772,931
Travel$5,166,255$101,608$244,540$5,512,403
Other Expenses$4,994,607$49,845$1,278$5,045,730
Advertising$3,734,478$918,138-$4,652,616
Foreign Grants$4,381,490--$4,381,490
Office Expenses$3,240,879$221,576$102,222$3,564,677
Occupancy$2,253,431$293,720$694,647$3,241,798
Information Technology$2,667,235$229,476$6,168$2,902,879
Other Employee Benefits$1,896,826$432,363$171,879$2,501,068
Current Officers, Directors, Trustees, and Key Employees$1,486,751$332,758$330,618$2,150,127
Payroll Taxes$991,175$272,266$179,144$1,442,585
Insurance$855,629$7,729-$863,358
Pension Plan Contributions$344,837$97,146$65,893$507,876
Conferences and Meetings$298,503$7,531$28,007$334,041
Fees for Services Accounting$59,813$19,938-$79,751
Comp Disqual Persons$37,505$12,502-$50,007
Fees for Services Legal$11,499$4,924$1,292$17,715
Grants to Domestic Individuals$10,500--$10,500
Total Functional Expenses$103,665,937$12,489,860$20,720,020$136,875,817

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$161,369,181
Total Expenses per Form 990$136,875,817
Expenses per Audited Statements$133,579,691
Expenses Not Reported on Form 990$27,789,490
Expenses Not Reported on Financial Statements$3,296,126
Other Expense Adjustments$3,296,126
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Mercy Ships FoundationLindale, TX501(c)(3)Programmatic Support$11,910,946

International Summary

Offices
7
Employees
1,826
Spending
$63,597,845

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 Services---$29,772,468
Europe (Including Iceland and Greenland)Program ServicesGlm1500$22,219,890
Sub-Saharan AfricaProgram ServicesMedical Capacity Build59$7,271,834
Europe (Including Iceland and Greenland)Grantmaking---$2,857,901
Sub-Saharan AfricaGrantmaking---$801,341
Europe (Including Iceland and Greenland)GrantmakingAfm11,317$674,411
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$7,552,800
Fundraising Direct Expenses$164,737
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$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
Charles StephensFamily Member of Don StephensEmployee CompensationNo$50,007

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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Intercompany Payable$3,842,303
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
Yes
Business relationship with organization members
No
Material changes to governing documents
No
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
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

“Member who may elect one or more members of the governing body: the board of directors of mercy ships international, a texas nonprofit corporation shall appoint directors from among nominees by a voice vote or written ballot.”

Form 990, Part VI, Section B, Line 11B

“Process to review the form 990: the organization's form 990 was prepared by an independent cpa firm and reviewed in detail by the chief financial officer and treasurer. The 990 was then provided electronically to all members of the board for their review and comment. Board members were then given at least one week to review the form 990 and send comments to the chief financial officer. After all comments and questions were addressed, the 990 was filed with the irs.”

Form 990, Part VI, Section B, Line 12C

“Process to monitor transactions for conflicts of interest: 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, Section B, Line 15A

“Process for determining compensation of executive directors or top management: 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.”

Form 990, Part VI, Section B, Line 15B

“Process to review compensation for key employees: hr and vp's established the compensation and it was reviewed by the ceo.”

Form 990, Part VI, Section C, Line 19

“Availability of documents: 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
EIN
26-2414132
In Care Of
% FRED GROTE
Phone
9039397000
Address
PO Box 2020, Lindale, TX 75771

Signing Officer

Name
Fred Grote
Title
CFO
Phone
9039397669
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gert Van De Weerdhof
Formed
2008
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
5
Employees
420
Volunteers
1,822

Preparer

Firm
Forvis Llp
Address
14241 DALLAS PARKWAY SUITE 1100, DALLAS, TX 75254
Preparer
Jeanette Verrelli
Phone
9727028262
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“CHANGES IN NET ASSETS: LOSS ON FOREIGN CURRENCY TRANSLATION (745,126) Direct Fundraising Expenses 164,737 Other Reconciling Items 3,296,126 ------------- Total 2,715,737”

Form 990, 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/ 2023/07/MS-Consolidated-and-Combined-22-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 IX Line 11G

“Description:consulting total fees:272485”

Form 990 Part IX Line 11G

“Description:contract services total fees:18589646”

Form 990 Part IX Line 11G

“Description:day worker total fees:560435”

Financial Statement Notes

Schedule D, Part IV, Line 2B

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

Schedule D, Part V, Line 4

“Endowment funds are intended to be used for: 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 2D

“RECONCILIATION OF REVENUE PER AUDITED FINANCIAL STATEMENTS TO RETURN: Grant from MS Community Faith $4,850,023 LOSS ON FOREIGN CURRENCY TRANSLATION (745,126) ------------- TOTAL $4,104,897”

Schedule D, Part XI, Line 4B

“RECONCILIATION OF REVENUE PER AUDITED FINANCIAL STATEMENTS TO RETURN: COST OF GOODS SOLD $(304,127) Direct Fundraising Expenses (164,737) ------------- TOTAL $(468,864)”

Schedule D, Part XII, Line 2D

“Reconciliation of expenses per audited financial statements to return: grant to ms community of faith $4,850,023 cost of goods sold 304,127 ------------ total $5,154,150”

Schedule D, Part XII, Line 4B

“RECONCILIATION OF EXPENSES PER AUDITED FINANCIAL STATEMENTS TO RETURN: Other Reconciling Items $3,296,126”

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.”

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IRS990/Desc0MERCY SHIPS FOLLOWS THE 2,000-YEAR-OLD MODEL OF JESUS, BRINGING HOPE AND HEALING TO THE FORGOTTEN POOR. IN 2022, MERCY SHIPS CONTINUED PROVIDING MEDICAL SERVICES AT NO COST, INCLUDING, BUT NOT LIMITED TO: - SPECIALTY SURGERIES PERFORMED 3,201 - PATIENTS SCREENED FOR SURGERY 929 - HEALTHCARE PROFESSIONALS TRAINED AND MENTORED 2,283 - TOTAL NUMBER OF PARTICIPANT TRAINING HOURS 226,704 - DENTAL PROCEDURES 9,465 - VOLUNTEER CREW 1243 - CREW NATIONALITIES REPRESENTED 58 - TRAINED IN NUTRITIONAL AGRICULTURE 218
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IRS990/Form990PartVIISectionAGrp/PersonNm2Gert van de Weerdhof
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IRS990/Form990PartVIISectionAGrp/PersonNm4Paul Owen
IRS990/Form990PartVIISectionAGrp/PersonNm5Fred Grote
IRS990/Form990PartVIISectionAGrp/PersonNm6Jitze Kramer
IRS990/Form990PartVIISectionAGrp/PersonNm7Kerry Peterson
IRS990/Form990PartVIISectionAGrp/PersonNm8Amy Nyquist
IRS990/Form990PartVIISectionAGrp/PersonNm9LeAnn Richburg
IRS990/Form990PartVIISectionAGrp/PersonNm10Cecilia Villa
IRS990/Form990PartVIISectionAGrp/PersonNm11Angie Fadely
IRS990/Form990PartVIISectionAGrp/PersonNm12James Paterson
IRS990/Form990PartVIISectionAGrp/PersonNm13Linda Pruett
IRS990/Form990PartVIISectionAGrp/PersonNm14Lois Boyle
IRS990/Form990PartVIISectionAGrp/PersonNm15Gary Brown
IRS990/Form990PartVIISectionAGrp/PersonNm16Ronald L Goode PhD
IRS990/Form990PartVIISectionAGrp/PersonNm17Peter B Schulze
IRS990/Form990PartVIISectionAGrp/PersonNm18Guy Wade
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Former CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1Founder
IRS990/Form990PartVIISectionAGrp/TitleTxt2CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt3COO
IRS990/Form990PartVIISectionAGrp/TitleTxt4General Counsel
IRS990/Form990PartVIISectionAGrp/TitleTxt5CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt6VP of Global Branding
IRS990/Form990PartVIISectionAGrp/TitleTxt7VP Advancement/Asst. Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt8Dir. of DVLPMT Philanthropy
IRS990/Form990PartVIISectionAGrp/TitleTxt9Controller
IRS990/Form990PartVIISectionAGrp/TitleTxt10Senior Director - Development
IRS990/Form990PartVIISectionAGrp/TitleTxt11Executive Advisor - OCOO
IRS990/Form990PartVIISectionAGrp/TitleTxt12Marine Executive Consultant
IRS990/Form990PartVIISectionAGrp/TitleTxt13Assistant Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director/Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt16Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt17Chairman
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IRS990/MissionDesc0MERCY SHIPS OPERATES HOSPITAL SHIPS IN DEVELOPING COUNTRIES THROUGH PROFESSIONAL VOLUNTEER MEDICAL AND NON-MEDICAL CREW, PROVIDING FREE SURGICAL CARE TO PATIENTS AND TRAINING AND EDUCATION FOR DOCTORS, NURSES, AND OTHER HEALTHCARE PROFESSIONALS. MERCY SHIPS ALSO PARTNERS WITH THE COUNTRIES WE SERVE TO HELP CREATE MEDICAL INFRASTRUCTURE IMPROVEMENT PROJECTS FURTHERING OUR REACH OF HOPE AND HEALING.
IRS990/MoreThan5000KToIndividualsInd0true

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$246,524,346
Liabilities
$14,563,938
Net assets
$231,960,408
Revenue
$133,883,712
Expenses
$136,875,817
Net income
-$2,992,105
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
2022Detailed filing. Detailed filing data is available for this year.$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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • $100M-$250M nonprofits