Civic Intelligence

Mercury Free Mining Inc.

990EZ • Fiscal year 2020 • EIN 83-4627223

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 27, 2021

4070 SW Fairhaven DrCorvallis, OR 97333-1430

(541) 231-7836

Siviq Scores

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

Liabilities / Assets

81st percentile

0.21x

Higher debt load relative to assets than 81% of similar nonprofits.

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

Liabilities / Revenue

72nd percentile

0.05x

Higher debt load relative to revenue than 72% of similar nonprofits.

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

Net Margin

57th percentile

9.8%

Higher net margin than 57% of similar nonprofits.

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

Top Officer Pay

88th percentile

$34,342

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 45.7% of source-year revenue.

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

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Assets

$19,774

No earlier filing loaded for comparison.

Net Assets

$15,691

No earlier filing loaded for comparison.

Liabilities

$4,083

No earlier filing loaded for comparison.

Revenue

$75,211

No earlier filing loaded for comparison.

Expenses

$67,817

No earlier filing loaded for comparison.

Net Income

$7,394

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$30K$20K$10K$0Assets 2020: $19,774Liabilities 2020: $4,083Net Assets 2020: $15,6912020Assets 2021: $16,237Liabilities 2021: $0Net Assets 2021: $16,2372021Assets 2022: $3,749Liabilities 2022: $403Net Assets 2022: $3,3462022Assets 2023: $16,079Liabilities 2023: $5,000Net Assets 2023: $11,0792023Assets 2024: $27,292Liabilities 2024: $10,585Net Assets 2024: $16,7072024

Highlighted filing

2020

Assets$19,774
Liabilities$4,083
Net Assets$15,691

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2020: $75,211Expenses 2020: $67,817Net Income 2020: $7,3942020Revenue 2021: $120,855Expenses 2021: $120,309Net Income 2021: $5462021Revenue 2022: $140,178Expenses 2022: $153,069Net Income 2022: -$12,8912022Revenue 2023: $116,428Expenses 2023: $108,695Net Income 2023: $7,7332023Revenue 2024: $153,329Expenses 2024: $147,701Net Income 2024: $5,6282024

Highlighted filing

2020

Revenue$75,211
Expenses$67,817
Net Income$7,394
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 27, 2021
Return Version
2020v4.0
Gross Receipts
$75,211
Mission and Program Overview

Mission

Mercury free mining inc.'s (mfm's) purpose is to inspire the global jewelry industry to support the development, discovery, and deployment of efficient gold ore concentrators that will effectively replace the use of toxic mercury to capture gold by some 20 million artisanal and small-scale gold miners (asgm) in more than 70 countries around the world. We are committed that through our efforts, the 100 million people who depend upon asgm can be healthy and prosperous and mercury pollution in our environment will be dramatically reduced.

Program Services

DescriptionGrantsExpenses
IN 2020, MFM ESTABLISHED ITS CORE JEWELRY INDUSTRY INFORMATION PROGRAM EDUCATING THE JEWELRY INDUSTRY REGARDING THE HISTORY AND IMPACTS OF MERCURY USE IN GOLD MINING. PART OF THIS EDUCATION PROCESS HAS BEEN THE HIGHLIGHTING HOW THE JEWELRY INDUSTRY CAN BENEFIT BY TAKING A STAND IN SOLIDARITY WITH THE 20 MILLION ARTISIANAL AND SMALL-SCALE GOLD MINERS WHO HAVE NO ALTERNATIVES TO THE USE OF MERCURY IN ORDER TO MAKE THEIR LIVING AS GOLD MINERS.-$18,660
IN JANUARY OF 2020 MFM TRAVELED TO GHANA ON THE INVITATION OF GNASSM, THE GHANA NATIONAL ASSOCIATION OF SMALL-SCALE MINERS, TO INTRODUCE AND DEMONSTRATE THE EFFICIENCIES OF THE GOLDROP GOLD ORE CONCENTRATOR AND PROCESSOR. IN THEIR REPORT, GNASSM DESCRIBED GOLDROP AS, A UNIQUE OPPORTUNITY TO FINALLY END THE USE OF MERCURY IN GOLD MINING OPERATIONS IN GHANA.-$2,417
IN 2020 MFM ESTABLISHED A GOLD ORE ANALYSIS AND AN INNOVATIVE PROCESSOR ASSESSMENT SERVICE, AND DEVELOPED A COLABORATIVE RELATIONSHIP WITH THE ALLIANCE FOR RESPONSIBLE MINING AND COODMILLA LTDA, A GOLD ORE PROCESSING COOPERATIVE IN LA LLANADA, COLOMBIA. MFM IMPORTED GOLD ORES FROM COODMILLA LTDA, AND TESTED THE EFFECTIVENESS OF TWO INNOVATIVE PROCESSORS. THE RESULTS OF THESE TESTS HAVE BEEN DOCUMENTED AND CAN BE MADE AVAILABLE TO FUTURE ARTISANAL AND SMALL-SCALE MINING COMMUNITIES THAT WANT TO USE THESE CLEANER, MORE EFFICIENT SEPARATOR TECHNOLOGIES.-$64
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TOBY POMEROYExecutive DiFT$34,342-$34,342
BILL BOYAJIANChairman-$0--
RONNIE VANDERLINDENTrustee-$0--
ERIC LAKERTrustee-$0--
BRANDEE DALLOWTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Mercury Free Mining Inc
EIN
83-4627223
Address
4070 SW FAIRHAVEN DR, CORVALLIS, OR 97333-1430

Signing Officer

Name
Toby Pomeroy
Title
Executive Director
Phone
5412317836
Signed
2021-10-27
Discuss with paid preparer
Yes

Preparer

Firm
Hintonburdick Pllc
Address
239 SOUTH MAIN ST STE 100, CEDAR CITY, UT 84720
Preparer
Tad Tuttle CPA
Phone
4358657666
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses 2,211 2,535 9,491 bank charges & fees 148 dues & subscriptions 1,142 taxes & licenses 100 research & development 2,431 processing fees 9 trade shows 648 charitable contributions 117 total 18,832

Form 990-ez, Part II, Line 24

Officer loan receivable 0 1,000 total 0 1,000

Form 990-ez, Part II, Line 26

Unsecured notes and loans payable 0 4,083

Form 990-ez, Part III

Mercury free mining inc.'s (mfm's) purpose is to inspire the global jewelry industry to support the development, discovery, and deployment of efficient gold ore concentrators that will effectively replace the use of toxic mercury to capture gold by some 20 million artisanal and small-scale gold miners (asgm) in more than 70 countries around the world. We are committed that through our efforts, the 100 million people who depend upon asgm can be healthy and prosperous and mercury pollution in our environment will be dramatically reduced.

Form 990-ez, Part III, Line 28

In 2020, mfm established its core jewelry industry information program educating the jewelry industry regarding the history and impacts of mercury use in gold mining. Part of this education process has been the highlighting how the jewelry industry can benefit by taking a stand in solidarity with the 20 million artisianal and small-scale gold miners who have no alternatives to the use of mercury in order to make their living as gold miners.

Form 990-ez, Part III, Line 29

In january of 2020 mfm traveled to ghana on the invitation of gnassm, the ghana national association of small-scale miners, to introduce and demonstrate the efficiencies of the goldrop gold ore concentrator and processor. In their report, gnassm described goldrop as, a unique opportunity to finally end the use of mercury in gold mining operations in ghana.

Form 990-ez, Part III, Line 30

In 2020 mfm established a gold ore analysis and an innovative processor assessment service, and developed a colaborative relationship with the alliance for responsible mining and coodmilla ltda, a gold ore processing cooperative in la llanada, colombia. Mfm imported gold ores from coodmilla ltda, and tested the effectiveness of two innovative processors. The results of these tests have been documented and can be made available to future artisanal and small-scale mining communities that want to use these cleaner, more efficient separator technologies.

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IRS990EZ/PrimaryExemptPurposeTxt0MERCURY FREE MINING INC.'S (MFM'S) PURPOSE IS TO INSPIRE THE GLOBAL JEWELRY INDUSTRY TO SUPPORT THE DEVELOPMENT, DISCOVERY, AND DEPLOYMENT OF EFFICIENT GOLD ORE CONCENTRATORS THAT WILL EFFECTIVELY REPLACE THE USE OF TOXIC MERCURY TO CAPTURE GOLD BY SOME 20 MILLION ARTISANAL AND SMALL-SCALE GOLD MINERS (ASGM) IN MORE THAN 70 COUNTRIES AROUND THE WORLD. WE ARE COMMITTED THAT THROUGH OUR EFFORTS, THE 100 MILLION PEOPLE WHO DEPEND UPON ASGM CAN BE HEALTHY AND PROSPEROUS AND MERCURY POLLUTION IN OUR ENVIRONMENT WILL BE DRAMATICALLY REDUCED.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES 2,211 2,535 9,491 BANK CHARGES & FEES 148 DUES & SUBSCRIPTIONS 1,142 TAXES & LICENSES 100 RESEARCH & DEVELOPMENT 2,431 PROCESSING FEES 9 TRADE SHOWS 648 CHARITABLE CONTRIBUTIONS 117 TOTAL 18,832
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICER LOAN RECEIVABLE 0 1,000 TOTAL 0 1,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UNSECURED NOTES AND LOANS PAYABLE 0 4,083
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MERCURY FREE MINING INC.'S (MFM'S) PURPOSE IS TO INSPIRE THE GLOBAL JEWELRY INDUSTRY TO SUPPORT THE DEVELOPMENT, DISCOVERY, AND DEPLOYMENT OF EFFICIENT GOLD ORE CONCENTRATORS THAT WILL EFFECTIVELY REPLACE THE USE OF TOXIC MERCURY TO CAPTURE GOLD BY SOME 20 MILLION ARTISANAL AND SMALL-SCALE GOLD MINERS (ASGM) IN MORE THAN 70 COUNTRIES AROUND THE WORLD. WE ARE COMMITTED THAT THROUGH OUR EFFORTS, THE 100 MILLION PEOPLE WHO DEPEND UPON ASGM CAN BE HEALTHY AND PROSPEROUS AND MERCURY POLLUTION IN OUR ENVIRONMENT WILL BE DRAMATICALLY REDUCED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4IN 2020, MFM ESTABLISHED ITS CORE JEWELRY INDUSTRY INFORMATION PROGRAM EDUCATING THE JEWELRY INDUSTRY REGARDING THE HISTORY AND IMPACTS OF MERCURY USE IN GOLD MINING. PART OF THIS EDUCATION PROCESS HAS BEEN THE HIGHLIGHTING HOW THE JEWELRY INDUSTRY CAN BENEFIT BY TAKING A STAND IN SOLIDARITY WITH THE 20 MILLION ARTISIANAL AND SMALL-SCALE GOLD MINERS WHO HAVE NO ALTERNATIVES TO THE USE OF MERCURY IN ORDER TO MAKE THEIR LIVING AS GOLD MINERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5IN JANUARY OF 2020 MFM TRAVELED TO GHANA ON THE INVITATION OF GNASSM, THE GHANA NATIONAL ASSOCIATION OF SMALL-SCALE MINERS, TO INTRODUCE AND DEMONSTRATE THE EFFICIENCIES OF THE GOLDROP GOLD ORE CONCENTRATOR AND PROCESSOR. IN THEIR REPORT, GNASSM DESCRIBED GOLDROP AS, A UNIQUE OPPORTUNITY TO FINALLY END THE USE OF MERCURY IN GOLD MINING OPERATIONS IN GHANA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6IN 2020 MFM ESTABLISHED A GOLD ORE ANALYSIS AND AN INNOVATIVE PROCESSOR ASSESSMENT SERVICE, AND DEVELOPED A COLABORATIVE RELATIONSHIP WITH THE ALLIANCE FOR RESPONSIBLE MINING AND COODMILLA LTDA, A GOLD ORE PROCESSING COOPERATIVE IN LA LLANADA, COLOMBIA. MFM IMPORTED GOLD ORES FROM COODMILLA LTDA, AND TESTED THE EFFECTIVENESS OF TWO INNOVATIVE PROCESSORS. THE RESULTS OF THESE TESTS HAVE BEEN DOCUMENTED AND CAN BE MADE AVAILABLE TO FUTURE ARTISANAL AND SMALL-SCALE MINING COMMUNITIES THAT WANT TO USE THESE CLEANER, MORE EFFICIENT SEPARATOR TECHNOLOGIES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 29
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 30
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