Civic Intelligence

Divine Mercy Religious Shop Ministries Inc

EIN 82-2561448 • 501(c)3 • Spencerport, NY

Profile

The corporation (Divine Mercy Religious Shop Ministries Inc) is organized and shall be operated exclusively for religious and charitable purposes and not for pecuniary profit or financial gain. Without limiting the generality of the foregoing, the corporation shall promote the Roman Catholic Faith by aiding and assisting in the dissemination of Faith-based beliefs, information, materials, and items through such means including, but not limited to, the circulation, donation and sales of religious, educational, and Faith-related materials and items; the conducting, hosting and sponsoring of Faith-based classes, discussions, meetings, events and website; the encouragement and support of vocations to the Roman Catholic priesthood, diaconate and religious life; and the promotion and support of such other activities and organizations conducted consistent with the teachings of the Magisterium of the Roman Catholic Church.

65 Martha StSpencerport, NY 14559

dmrsm.org

Siviq Scores

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

Liabilities / Assets

67th percentile

0.01x

Higher debt load relative to assets than 67% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

97th percentile

2.16x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

2nd percentile

-2332%

Higher net margin than 2% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

39th percentile

-11%

Faster asset growth than 39% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

6th percentile

-94%

Faster revenue growth than 6% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$147,804

Down $18,472 (-11%) from 2020

Liabilities

Down

$1,696

Down $141 (-7.7%) from 2020

Net Assets

Down

$146,108

Down $18,331 (-11%) from 2020

Revenue

Down

$786

Down $12,729 (-94%) from 2020

Expenses

Up

$19,117

Up $156 (+0.8%) from 2020

Net Income

Down

-$18,331

Down $12,885 (-237%) from 2020

Trend Graphs

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2019: $173,567Liabilities 2019: $3,682Net Assets 2019: $169,8852019Assets 2020: $166,276Liabilities 2020: $1,837Net Assets 2020: $164,4392020Assets 2021: $147,804Liabilities 2021: $1,696Net Assets 2021: $146,1082021

Highlighted filing

2021

Assets$147,804
Liabilities$1,696
Net Assets$146,108

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2019: $41,490Expenses 2019: $37,632Net Income 2019: $3,8582019Revenue 2020: $13,515Expenses 2020: $18,961Net Income 2020: -$5,4462020Revenue 2021: $786Expenses 2021: $19,117Net Income 2021: -$18,3312021

Highlighted filing

2021

Revenue$786
Expenses$19,117
Net Income-$18,331

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 15, 2023
Return Version
2020v4.0
Gross Receipts
$3,204
Mission and Program Overview

Mission

The corporation (Divine Mercy Religious Shop Ministries Inc) is organized and shall be operated exclusively for religious and charitable purposes and not for pecuniary profit or financial gain. Without limiting the generality of the foregoing, the corporation shall promote the Roman Catholic Faith by aiding and assisting in the dissemination of Faith-based beliefs, information, materials, and items through such means including, but not limited to, the circulation, donation and sales of religious, educational, and Faith-related materials and items; the conducting, hosting and sponsoring of Faith-based classes, discussions, meetings, events and website; the encouragement and support of vocations to the Roman Catholic priesthood, diaconate and religious life; and the promotion and support of such other activities and organizations conducted consistent with the teachings of the Magisterium of the Roman Catholic Church.

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use$79,944$79,703▼ $241
Savings and Temporary Cash Investments$61,325$61,524▲ $199
Cash and Non-Interest-Bearing Accounts$19,485$3,432▼ $16,053
Accounts Receivable$3,911$2,719▼ $1,192
Prepaid Expenses and Deferred Charges$1,611$426▼ $1,185
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$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$166,276$147,804▼ $18,472
Other Assets Total$0--
Liabilities
Deferred Revenue$1,815$1,570▼ $245
Accounts Payable and Accrued Expenses$22$126▲ $104
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$1,837$1,696▼ $141
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$164,439$146,108▼ $18,331
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$164,439$146,108▼ $18,331
Total Liabilities and Net Assets / Fund Balance$166,276$147,804▼ $18,472
Compensation and Service Providers

Board Members and Trustees

NameTitle
Michael ClaytonChair of the Board
Linda PlummerDirector
Patrica CostDirector
Thomas DiVincenzoChief Executive Officer
Jose RiveraInternal Controller
Michael FlanaganSecretary
Hermann UnverichtTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1
Program Service Revenue
$2
Investment Income
$199
Other Revenue
$584
All Other Contributions
$1
Change in Net Assets
$-18,331
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$18,787
Grants and Similar Amounts Paid$330
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$9,586$724-$10,310
Other Expenses$2,397$0$0$2,397
Office Expenses$1,875$115-$1,990
Insurance$0$1,884-$1,884
Fees for Services Accounting$0$1,600-$1,600
Information Technology$409$0-$409
Grants to Domestic Orgs$330--$330
All Other Expenses$-97$294$0$197
Total Functional Expenses$14,500$4,617$0$19,117
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
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
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
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

Governance Explanations

Form 990, Part VI, Section A, Line 8B

Answered NO because the corporation's Certificate of Incorporation, Article 7, explicitly states that "the corporation shall: c. Have no Committees of the Board", but there was no way to electronically answer N/A.

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

As the Board had had previous discussions regarding the potential financial impact the Ministries' temporary closure and COVID-19 related re-opening expenses would have on it for 1 year or more, and having previously approved remaining closed until a functional number of volunteers were willing to return to working in the Shop and the necessary Shop re-opening modifications had been made, this return was emailed to Board members prior to submission. A Board Meeting is scheduled within the next 2 weeks to review this 2020 990 Return, as well as our 2021 990 Return, which, when submitted, will bring our 990 Returns up-to-date.

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

No Board member reported any new potential conflicts of interests during the year, as required by Policy. CEO is responsible for monitoring the day-to-day operations of the Ministries for the Board and he did not identify any potential new vendor, donor or donation recipient relationship(s) that posed a conflict of interest.

Form 990, Part VI, Section C, Line 19

All information is available upon request, and will be provided in hard copy format.

Filing and Contact Details

Filer

Filer Name
Divine Mercy Religious Shop Ministries Inc
EIN
82-2561448
Phone
5853525485
Address
65 MARTHA ST, SPENCERPORT, NY 14559

Signing Officer

Name
Thomas DiVincenzo
Title
Chief Executive Officer
Phone
5853525485
Signed
2023-11-15

Organization Details

Principal Officer
Thomas DiVincenzo
Formed
2017
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
17
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

Due to: NYS COVID-19 restrictions; COVID-19 related facility ventilation and plumbing issues that needed to be corrected by our landlord; almost all volunteers' reluctance to work in the Shop at all until they had received the first series of vaccinations and waited for them to take effect; and the lack of feasibility for the Ministry to sell its religious goods online or by curbside pickup; our activities were extremely limited throughout our entire fiscal year, as compared to prior years (See Program accomplishments below). However, we continued to pay our fixed operating expenses in anticipation of re-opening our Ministry to the public. This would not occur until October 2021. Because of the advanced age and health situations for themselves or their spouses' a number of volunteers did not return when the Shop re-opened to the public. We did not apply for any Federal or State financial assistance during our entire temporary closure.

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IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The corporation (Divine Mercy Religious Shop Ministries Inc) is organized and shall be operated exclusively for religious and charitable purposes and not for pecuniary profit or financial gain. Without limiting the generality of the foregoing, the corporation shall promote the Roman Catholic Faith by aiding and assisting in the dissemination of Faith-based beliefs, information, materials, and items through such means including, but not limited to, the circulation, donation and sales of religious, educational, and Faith-related materials and items; the conducting, hosting and sponsoring of Faith-based classes, discussions, meetings, events and website; the encouragement and support of vocations to the Roman Catholic priesthood, diaconate and religious life; and the promotion and support of such other activities and organizations conducted consistent with the teachings of the Magisterium of the Roman Catholic Church.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0164439
IRS990/NetAssetsOrFundBalancesEOYAmt0146108
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt00
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IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
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IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeFromGamingGrp/ExclusionAmt00
IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0584
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0584
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0164439
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0146108
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0724
IRS990/OccupancyGrp/ProgramServicesAmt09586
IRS990/OccupancyGrp/TotalAmt010310
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0115
IRS990/OfficeExpensesGrp/ProgramServicesAmt01875
IRS990/OfficeExpensesGrp/TotalAmt01990
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0FORMED.ORG SUNSCRIPTION
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt02397
IRS990/OtherExpensesGrp/TotalAmt02397
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01611
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0426
IRS990/PrincipalOfficerNm0Thomas DiVincenzo
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0451211
IRS990/ProgramServiceRevenueGrp/Desc0SALES MINISRTY
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgSrvcAccomActy2Grp/Desc0Free dissemination and circulation of faith-based beliefs, information, materials and items Ministry/Program: DMRSM currently purchases an annual subscription to FORMED.ORG, a Catholic educational and entertainment website, that it makes available to its customer for free to help them, and their families grow in their faith. Our customers have told us how much they appreciated having access to this website during the COVID19 lock down. We are in the process of developing a FREE LENDING LIBRARY in the Shop that will be available to anyone during Shop hours. We have 2,200 volumes so far, most have been donated by customers and the rest transferred from DMRSM's Shop book inventory. DMRSM's customers willingness to donate used books and old computers for the Library is very important to its success. DMRSM is also developing a WEBSITE it hopes to design in such a way users will have easy access to a curated information from great Catholic websites, which today is difficult to do, but could greatly enhance their faith journey. The Ministry continued its subscription to FORMED.ORG for its customers' use during COVID-19, but all Ministry activities were suspended until we re-opened in October 2021.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt03091
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0Donations (goods, money, free promotion and expertise) in support of both vocations to the Roman Catholic Priesthood, Diaconate and Religious life, and such other activities and organizations conducted consistent with the teachings of the Magisterium of the Roman Catholic Church Ministry/Program: DMRSM established a SEMINARIAN ASSISTANCE PROGRAM for the Diocese of Rochester's Seminarians giving them an annual in-house credit (initially $100) that they can spend in the Shop, as well as an extra 10% discount on all their purchases above this amount. Unfortunately, this Program was launched just before the COVID lock down so the Seminarians will be unable to utilize it until the Shop re-opens. DMRSM's GRANTS/DONATIONS are down from last year due to COVID19 closure because most of these donations are either through Bargain Sales at DMRSM cost to Churches and Religious Non-profit organizations (21 separate Churches/Religious orgs participated) or outright 100% donations of Shop Inventory. DMRSM will occasionally donate a portion of the revenue it generates to a Church that has invited the Shop to participate as a vendor at an event at its Church. DMRSM also distributes free religious articles, devotional and information materials of a de minimis value to its customers and event attendees. DMRSM has a CONFERENCE ROOM it allows Church groups to meet in, at no cost, and can discuss with the DMRSM CEO how to develop their parish's evangelization program and the materials available from the Shop to assist them. DMRSM allows Churches and religious organizations to provide the Shop with posters and handouts to promote its events to Shop customers. Given the uncertain re-opening timing caused by COVID-19, the Ministry initially suspended its donation activities until June 2021, that accounts for the low donation expense total for the year.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0330
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0658
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IRS990/PYGrantsAndSimilarPaidAmt0666
IRS990/PYInvestmentIncomeAmt0619
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt018295
IRS990/PYOtherRevenueAmt012035
IRS990/PYProgramServiceRevenueAmt0203
IRS990/PYRevenuesLessExpensesAmt0-5446
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt018961
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt013515
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-18331
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
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IRS990/RevenueAmt0586
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IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt061325
IRS990/SavingsAndTempCashInvstGrp/EOYAmt061524
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt0368
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt0864
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt0785
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt0355
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt02372
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt02018 Other income of 180 was from credit card non-activity rewards.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part III, Line 12
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0658
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0165457
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0183342
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0199
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0619

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