Civic Intelligence

La Merced Foundation Inc.

990EZ • Fiscal year 2020 • EIN 83-2104247

Jan 01, 2020 to Dec 31, 2020 • Filed on May 18, 2021

Organization ProfileN/A
3755 Macon RoadMemphis, TN 38122

(901) 281-4559

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

98th percentile

99%

Higher net margin than 98% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

90th percentile

124%

Faster asset growth than 90% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

81st percentile

24%

Faster revenue growth than 81% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$125,217

Up $69,441 (+124%) from 2019

Net Assets

Up

$125,217

Up $69,441 (+124%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin98th percentile

Revenue

Up

$70,182

Up $13,745 (+24%) from 2019

Expenses

Up

$741

Up $80 (+12%) from 2019

Net Income

Up

$69,441

Up $13,665 (+24%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth90th percentile

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

$200K$150K$100K$50K$0Assets 2019: $55,776Liabilities 2019: $0Net Assets 2019: $55,7762019Assets 2020: $125,217Liabilities 2020: $0Net Assets 2020: $125,2172020Assets 2021: $153,259Liabilities 2021: $0Net Assets 2021: $153,2592021Assets 2022: $142,803Liabilities 2022: $0Net Assets 2022: $142,8032022Assets 2023: $148,290Liabilities 2023: $0Net Assets 2023: $148,2902023Assets 2024: $157,129Net Assets 2024: $157,1292024

Highlighted filing

2020

Assets$125,217
Liabilities$0
Net Assets$125,217
Open 2020 Filing

Operations Trend

Revenue Growth81st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KRevenue 2019: $56,437Expenses 2019: $661Net Income 2019: $55,7762019Revenue 2020: $70,182Expenses 2020: $741Net Income 2020: $69,4412020Revenue 2021: $60,019Expenses 2021: $31,977Net Income 2021: $28,0422021Revenue 2022: $63,113Expenses 2022: $73,570Net Income 2022: -$10,4572022Revenue 2023: $123,814Expenses 2023: $118,327Net Income 2023: $5,4872023Revenue 2024: $112,017Expenses 2024: $103,177Net Income 2024: $8,8402024

Highlighted filing

2020

Revenue$70,182
Expenses$741
Net Income$69,441
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 18, 2021
Return Version
2020v4.0
Gross Receipts
$70,182
Mission and Program Overview

Mission

Build and support a girls home in pereira risaralda colombia, south america.

Operate a girls home in a south american community.

Program Services

DescriptionGrantsExpenses
BUILD AND OPERATE A GIRLS HOME IN A SOUTH AMERICA COMMUNITY.--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BLANCA SIMPSONPresident-$0--
ROBERT SIMPSONVice Preside-$0--
BLANCA GARCIASecretary-$0--
JUAN OLVERATreasurer-$0--
Filing and Contact Details

Filer

Filer Name
La Merced Foundation Inc
EIN
83-2104247
Phone
9012814559
Address
3755 MACON ROAD, MEMPHIS, TN 38122

Signing Officer

Name
Robert Simpson
Title
Vice President
Phone
9012814559
Signed
2021-05-18
Discuss with paid preparer
Yes

Preparer

Firm
Greg Shelton CPA
Address
2855 STAGE VILLAGE CV SUITE 4, BARTLETT, TN 38134
Preparer
Greg Shelton CPA
Phone
9013820557
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses bank wire fees 275 bank service fees 45 website 316 software 97 meals 8 total 741”

Form 990-ez, Part II, Line 24

“Construction in progress 53,000 119,000 total 53,000 119,000”

Raw XML Appendix121 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0BLANCA SIMPSON
CompensationExplanation/CompensationExplanationGrp/PersonNm1ROBERT SIMPSON
CompensationExplanation/CompensationExplanationGrp/PersonNm2BLANCA GARCIA
CompensationExplanation/CompensationExplanationGrp/PersonNm3JUAN OLVERA
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0ROBERT SIMPSON
IRS990EZ/BooksInCareOfDetail/PhoneNum09012814559
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03179 SCHEIBLER
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MEMPHIS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd038128
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt02776
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt06217
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt070182
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt069441
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt055776
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0125217
IRS990EZ/GrossReceiptsAmt070182
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt055776
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0125217
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt055776
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0125217
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BLANCA SIMPSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ROBERT SIMPSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2BLANCA GARCIA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JUAN OLVERA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt053000
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0119000
IRS990EZ/OtherExpensesTotalAmt0741
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0OPERATE A GIRLS HOME IN A SOUTH AMERICAN COMMUNITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0BUILD AND OPERATE A GIRLS HOME IN A SOUTH AMERICA COMMUNITY.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0741
IRS990EZ/TotalRevenueAmt070182
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt070182
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt056437
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0126619
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0126619
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt070182
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt056437
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0126619
IRS990ScheduleA/TotalSupportAmt0126619
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES BANK WIRE FEES 275 BANK SERVICE FEES 45 WEBSITE 316 SOFTWARE 97 MEALS 8 TOTAL 741
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONSTRUCTION IN PROGRESS 53,000 119,000 TOTAL 53,000 119,000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT SIMPSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09012814559
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LA MERCED FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0LAME
ReturnHeader/Filer/EIN0832104247
ReturnHeader/Filer/PhoneNum09012814559
ReturnHeader/Filer/USAddress/AddressLine1Txt03755 MACON ROAD
ReturnHeader/Filer/USAddress/CityNm0MEMPHIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd038122
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0621754261
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GREG SHELTON CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02855 STAGE VILLAGE CV SUITE 4
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BARTLETT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd038134
ReturnHeader/PreparerPersonGrp/PhoneNum09013820557
ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GREG SHELTON CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-07-20T10:57:26-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ROBERT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SIMPSON
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$125,217
Liabilities
$0
Net assets
$125,217
Revenue
$70,182
Expenses
$741
Net income
$69,441
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.57$1.57$1.12$1.03$0.09
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.48$0.00$1.48$1.24$1.18$0.05
2022Detailed filing. Detailed filing data is available for this year.$1.43$0.00$1.43$0.63$0.74$0.10
2021Detailed filing. Detailed filing data is available for this year.$1.53$0.00$1.53$0.60$0.32$0.28
2020Detailed filing. Detailed filing data is available for this year.$1.25$0.00$1.25$0.70$0.01$0.69
2019Detailed filing. Detailed filing data is available for this year.$0.56$0.00$0.56$0.56$0.01$0.56