Civic Intelligence

Oceans of Mercy

EIN 47-5354034 • 501(c)3 • Indianapolis, IN

Profile

Religious

PO Box 34352Indianapolis, IN 46234
Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

69th percentile

15%

Higher net margin than 69% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

90th percentile

$32,760

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 46.1% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

75th percentile

20%

Faster asset growth than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

62nd percentile

7.9%

Faster revenue growth than 62% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$56,430

Up $9,219 (+20%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$57,580

Up $10,369 (+22%) from 2023

Revenue

Up

$71,048

Up $5,212 (+7.9%) from 2023

Expenses

Down

$60,679

Down $846 (-1.4%) from 2023

Net Income

Up

$10,369

Up $6,058 (+141%) from 2023

Trend Graphs

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2019: $31,623Liabilities 2019: $0Net Assets 2019: $31,6232019Assets 2020: $35,314Liabilities 2020: $0Net Assets 2020: $35,3142020Assets 2021: $39,349Liabilities 2021: $0Net Assets 2021: $39,3492021Assets 2022: $42,900Liabilities 2022: $0Net Assets 2022: $42,9002022Assets 2023: $47,211Liabilities 2023: $0Net Assets 2023: $47,2112023Assets 2024: $56,430Net Assets 2024: $57,5802024

Highlighted filing

2024

Assets$56,430
Liabilities-
Net Assets$57,580

Operations Trend

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

$80K$60K$40K$20K$0Revenue 2019: $58,130Expenses 2019: $46,748Net Income 2019: $11,3822019Revenue 2020: $57,892Expenses 2020: $54,201Net Income 2020: $3,6912020Revenue 2021: $61,303Expenses 2021: $57,268Net Income 2021: $4,0352021Revenue 2022: $63,369Expenses 2022: $59,963Net Income 2022: $3,4062022Revenue 2023: $65,836Expenses 2023: $61,525Net Income 2023: $4,3112023Revenue 2024: $71,048Expenses 2024: $60,679Net Income 2024: $10,3692024

Highlighted filing

2024

Revenue$71,048
Expenses$60,679
Net Income$10,369

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 2, 2025
Return Version
2024v5.1
Gross Receipts
$71,048
Mission and Program Overview

Mission

Religious

Program Services

DescriptionGrantsExpenses
Missionary work in the nation of India--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Manish BhagatPresidentFT$32,760-$32,760
Diana BhagatSecretaryPT$0--
Aaron Y oderTreasurer-$0--
Larry MoweryDirector-$0--
Paul WagnerDirector-$0--
Filing and Contact Details

Filer

Filer Name
Oceans of Mercy
EIN
47-5354034
Address
PO Box 34352, Indianapolis, IN 46234

Signing Officer

Name
Manish Bhagat
Title
President
Phone
3177986095
Signed
2025-05-02
Discuss with paid preparer
No

Preparer

Firm
Ministry Consulting Group LLC
Address
PO Box 81, Chesterville, OH 43317
Preparer
Jerry Stephens
Phone
6147432106
Supplemental Narrative

Additional Explanations

990EZ Pt 1 Other expense

Program service expense- $16732; admin expense- $7338

Raw XML Appendix215 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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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt024070
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Religious
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IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt034111
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TotalProgramServiceExpensesAmt00
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IRS990EZ/TransactionWithControlEntInd0false
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IRS990ScheduleA/DistributableAmountGrp/CYAdjNetIncomeDistributableAmt00
IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt00
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IRS990ScheduleA/DistributionAllocationsGrp/CyovAppliedUnderdistrCPYAmt00
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IRS990ScheduleA/DistributionAllocationsGrp/CYTotalAnnualDistributionsAmt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionAmt00
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IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr1Amt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Program service expense- $16732; admin expense- $7338
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0990EZ Pt 1 Other expense
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Manish Bhagat
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum03177986095
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Oceans of Mercy
ReturnHeader/Filer/BusinessNameControlTxt0OCEA
ReturnHeader/Filer/EIN0475354034
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 34352
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046234
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0201994548
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Ministry Consulting Group LLC
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Chesterville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd043317
ReturnHeader/PreparerPersonGrp/PhoneNum06147432106
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jerry Stephens
ReturnHeader/ReturnTs02025-05-02T07:47:02-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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