Civic Intelligence

La Merced Foundation Inc.

990EZ • Fiscal year 2021 • EIN 83-2104247

Jan 01, 2021 to Dec 31, 2021 • Filed on May 16, 2022

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

56th percentile

0.00x

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

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

Liabilities / Revenue

56th percentile

0.00x

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

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

Net Margin

85th percentile

47%

Higher net margin than 85% of similar nonprofits.

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

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

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

Asset Growth

67th percentile

22%

Faster asset growth than 67% of similar nonprofits.

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

Revenue Growth

35th percentile

-14%

Faster revenue growth than 35% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$153,259

Up $28,042 (+22%) from 2020

Net Assets

Up

$153,259

Up $28,042 (+22%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin85th percentile

Revenue

Down

$60,019

Down $10,163 (-14%) from 2020

Expenses

Up

$31,977

Up $31,236 (+4215%) from 2020

Net Income

Down

$28,042

Down $41,399 (-60%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth67th 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

2021

Assets$153,259
Liabilities$0
Net Assets$153,259
Open 2021 Filing

Operations Trend

Revenue Growth35th 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

2021

Revenue$60,019
Expenses$31,977
Net Income$28,042
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 16, 2022
Return Version
2021v4.0
Gross Receipts
$60,019
Mission and Program Overview

Mission

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

Program Services

DescriptionGrantsExpenses
BUILD AND SUPPORT A GIRLS HOME IN PEREIRA RISARALDA, COLOMBIA, SOUTH AMERICA.$27,600$27,894
Compensation and Service Providers
Top Officer Pay77th 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
2022-05-16
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 10

“Name: fundacion la merced address: pereira risaralda colombia sa cash contribution: 27,600”

Form 990-ez, Part I, Line 16

“Expenses bank service fees 345 website 316 health expenses 294 withdrawals 600 misc. Debit 2,822 total 4,377”

Form 990-ez, Part II, Line 24

“Transfers in 2019 for building 53,000 53,000 transfers in 2020 for building 66,000 66,000 transfers in 2021 for building 0 25,000 total 119,000 144,000”

Form 990-ez, Part III

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

Raw XML Appendix129 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/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/BOYAmt06217
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt09259
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt060019
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt028042
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0125217
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0153259
IRS990EZ/GrantsAndSimilarAmountsPaidAmt027600
IRS990EZ/GrossReceiptsAmt060019
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0125217
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0153259
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0125217
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0153259
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/BOYAmt0119000
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0144000
IRS990EZ/OtherExpensesTotalAmt04377
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0BUILD AND SUPPORT A GIRLS HOME IN PEREIRA RISARALDA COLOMBIA, SOUTH AMERICA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0BUILD AND SUPPORT A GIRLS HOME IN PEREIRA RISARALDA, COLOMBIA, SOUTH AMERICA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd0X
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt027600
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt027894
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt031977
IRS990EZ/TotalProgramServiceExpensesAmt027894
IRS990EZ/TotalRevenueAmt060019
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt060019
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt070182
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt056437
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0186638
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0186638
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt060019
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt070182
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt056437
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0186638
IRS990ScheduleA/TotalSupportAmt0186638
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NAME: FUNDACION LA MERCED ADDRESS: PEREIRA RISARALDA COLOMBIA SA CASH CONTRIBUTION: 27,600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES BANK SERVICE FEES 345 WEBSITE 316 HEALTH EXPENSES 294 WITHDRAWALS 600 MISC. DEBIT 2,822 TOTAL 4,377
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TRANSFERS IN 2019 FOR BUILDING 53,000 53,000 TRANSFERS IN 2020 FOR BUILDING 66,000 66,000 TRANSFERS IN 2021 FOR BUILDING 0 25,000 TOTAL 119,000 144,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BUILD AND SUPPORT A GIRLS HOME IN PEREIRA RISARALDA COLOMBIA, SOUTH AMERICA.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT SIMPSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09012814559
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-16
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/PreparationDt02022-06-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GREG SHELTON CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-09-28T16:24:37-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ROBERT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SIMPSON
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$153,259
Liabilities
$0
Net assets
$153,259
Revenue
$60,019
Expenses
$31,977
Net income
$28,042
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