Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
La Merced Foundation Inc
EIN 83-2104247 • 501(c)3 • Memphis, TN
Profile
Operate a girls home in a south american community.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
61st percentile
Higher net margin than 61% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
63rd percentile
Faster asset growth than 63% of similar nonprofits.
Revenue Growth
42nd percentile
Faster revenue growth than 42% of similar nonprofits.
Balance Sheet
Assets
Up$157,129
Up $8,839 (+6.0%) from 2023
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
Up$157,129
Up $8,839 (+6.0%) from 2023
Revenue
Down$112,017
Down $11,797 (-9.5%) from 2023
Expenses
Down$103,177
Down $15,150 (-13%) from 2023
Net Income
Up$8,840
Up $3,353 (+61%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $157,129
- Liabilities
- -
- Net assets
- $157,129
- Revenue
- $112,017
- Expenses
- $103,177
- Net income
- $8,840
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- May 13, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $112,017
Mission and Program Overview
Mission
Build and support a girls home in pereira risaralda colombia, south america.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| BUILD AND SUPPORT A GIRLS HOME IN PEREIRA RISARALDA, COLOMBIA, SOUTH AMERICA. | $95,900 | $100,867 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| BLANCA SIMPSON | President | - | $0 | - | - |
| ROBERT SIMPSON | Vice Preside | - | $0 | - | - |
| BLANCA GARCIA | Secretary | - | $0 | - | - |
| JUAN OLVERA | Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- La Merced Foundation Inc
- EIN
- 83-2104247
- Phone
- 9012814559
- Address
- 3755 MACON RD, MEMPHIS, TN 38122
Signing Officer
- Name
- Robert Simpson
- Title
- Vice President
- Phone
- 9012814559
- Signed
- 2025-05-13
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Greg Shelton CPA
- Address
- 2855 STAGE VILLAGE CV STE 4, BARTLETT, TN 38134
- Preparer
- Greg Shelton CPA
- Phone
- 9013820557
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 8
“Miscellaneous 104 total 104”
Form 990-ez, Part I, Line 10
“Name: fundacion la merced address: pereira risaralda colombia sa cash contribution: 95,900”
Form 990-ez, Part I, Line 16
“Expenses bank service fees 855 supplies 450 misc 15 travel & meetings 1,367 non-investment depreciation 3,600 total 6,287”
Form 990-ez, Part II, Line 24
“144,000 144,000 less accumulated depreciation 7,200 10,800 transfers in 2019 for building 0 0 transfers in 2020 for building 0 0 transfers in 2021 for building 0 0 total 136,800 133,200”
Form 990-ez, Part III
“Build and support a girls home in pereira risaralda colombia, south america.”
Raw XML Appendix137 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | ROBERT SIMPSON |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9012814559 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 3677 WAYNE AVE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | MEMPHIS |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TN |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 38122 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 11489 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 23929 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 111913 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 8840 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 990 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 148289 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 157129 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 95900 |
| IRS990EZ/GrossReceiptsAmt | 0 | 112017 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 148289 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 157129 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 148289 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 157129 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | BLANCA SIMPSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | ROBERT SIMPSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | BLANCA GARCIA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | JUAN OLVERA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | TREASURER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 136800 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 133200 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 6287 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 104 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | BUILD AND SUPPORT A GIRLS HOME IN PEREIRA RISARALDA COLOMBIA, SOUTH AMERICA. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | BUILD AND SUPPORT A GIRLS HOME IN PEREIRA RISARALDA, COLOMBIA, SOUTH AMERICA. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd | 0 | X |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 95900 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 100867 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 103177 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 100867 |
| IRS990EZ/TotalRevenueAmt | 0 | 112017 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 111913 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 118402 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 63113 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 60019 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 70182 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 423629 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 5516 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 423629 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 111913 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 118402 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 63113 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 60019 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 70182 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 423629 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 423629 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | MISCELLANEOUS 104 TOTAL 104 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | NAME: FUNDACION LA MERCED ADDRESS: PEREIRA RISARALDA COLOMBIA SA CASH CONTRIBUTION: 95,900 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | EXPENSES BANK SERVICE FEES 855 SUPPLIES 450 MISC 15 TRAVEL & MEETINGS 1,367 NON-INVESTMENT DEPRECIATION 3,600 TOTAL 6,287 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | 144,000 144,000 LESS ACCUMULATED DEPRECIATION 7,200 10,800 TRANSFERS IN 2019 FOR BUILDING 0 0 TRANSFERS IN 2020 FOR BUILDING 0 0 TRANSFERS IN 2021 FOR BUILDING 0 0 TOTAL 136,800 133,200 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | BUILD AND SUPPORT A GIRLS HOME IN PEREIRA RISARALDA COLOMBIA, SOUTH AMERICA. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ROBERT SIMPSON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | VICE PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9012814559 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-13 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LA MERCED FOUNDATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LAME |
| ReturnHeader/Filer/EIN | 0 | 832104247 |
| ReturnHeader/Filer/PhoneNum | 0 | 9012814559 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 3755 MACON RD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MEMPHIS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 38122 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 621754261 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | GREG SHELTON CPA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2855 STAGE VILLAGE CV STE 4 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | BARTLETT |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 38134 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9013820557 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-05-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | GREG SHELTON CPA |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2025-05-15T14:05:01-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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