Civic Intelligence

Mercy Preparatory Academy

990EZ • Fiscal year 2021 • EIN 84-3183734

Jan 01, 2021 to Dec 31, 2021 • Filed on Jul 05, 2022

1233 Boyce RdWaxahachie, TX 75165

(817) 917-6090

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

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2021

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

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

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2020 to 2021

Assets

Down

$1

Down $1,054 (-100%) from 2020

Net Assets

Flat

$1,055

Flat from 2020

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

Flat

$0

Flat from 2020

Expenses

Down

$0

Down $1,925 (-100%) from 2020

Net Income

Up

$0

Up $1,925 (+100%) from 2020

Historical Trend

Balance Sheet Trend

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

$400K$200K$0-$200KAssets 2019: $2,980Net Assets 2019: $2,9802019Assets 2020: $1,055Net Assets 2020: $1,0552020Assets 2021: $1Liabilities 2021: $0Net Assets 2021: $1,0552021Assets 2022: $305Net Assets 2022: $3052022Assets 2023: $180,061Liabilities 2023: $146,806Net Assets 2023: $33,2552023Assets 2024: $212,884Liabilities 2024: $250,037Net Assets 2024: -$37,1532024Assets 2025: $301,493Liabilities 2025: $365,032Net Assets 2025: -$63,5392025

Highlighted filing

2021

Assets$1
Liabilities$0
Net Assets$1,055

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2019: $3,000Expenses 2019: $20Net Income 2019: $2,9802019Revenue 2020: $0Expenses 2020: $1,925Net Income 2020: -$1,9252020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $288Expenses 2022: $643Net Income 2022: -$3552022Revenue 2023: $319,962Expenses 2023: $287,013Net Income 2023: $32,9492023Revenue 2024: $199,906Expenses 2024: $270,314Net Income 2024: -$70,4082024Revenue 2025: $745,112Expenses 2025: $745,125Net Income 2025: -$132025

Highlighted filing

2021

Revenue$0
Expenses$0
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jul 5, 2022
Return Version
2021v4.0
Mission and Program Overview

Mission

Mercy Preparatory Academy partners with parents to cultivate future leaders by giving students a well-rounded experience of faith, family, education, and service in a non-denominational setting.We are committed to supporting families in their quest to impart a multicultural biblical worldview to their students to create strong Christian leaders who are able to love God, love others and serve joyfully. Our main focus is to not only prepare students for their academic future, but to focus on preparing them for their calling from God.

Program Services

DescriptionGrantsExpenses
N/A We delayed the start of the school due to COVID in 2020.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ERICA PHILLIPSFounderPT$0--
CARY PHILLIPSAdministratorPT$0--
SEAN LEEBoard MemberPT$0--
Filing and Contact Details

Filer

Filer Name
Mercy Prepratory Academy
EIN
84-3183734
Phone
8179176090
Address
1233 BOYCE RD, WAXAHACHIE, TX 75165

Signing Officer

Name
Erica Phillips
Title
Founder & Administra
Signed
2022-07-05
Discuss with paid preparer
Yes

Preparer

Firm
Reiff Martin CPA & Bus Adv Srvc Pllc
Address
8340 MEADOW RD STE 228, DALLAS, TX 75231
Preparer
Alison T Reiff Martin CPA
Phone
2147071776
Raw XML Appendix120 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.

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IRS990EZ/BooksInCareOfDetail/PhoneNum08179176090
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WAXAHACHIE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0751959160
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0N/A We delayed the start of the school due to COVID in 2020.
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IRS990EZ/TotalRevenueAmt00
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IRS990ScheduleA/SchoolInd0X
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
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IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
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IRS990ScheduleE/MaintainCpyOfAllSolInd0true
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IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0Yes, on October 2, 2020 we purchased space for an article in the Midlothian Mirror, the local newspaper. This article outlined our racial nondiscriminatory policy.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
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ReturnHeader/Filer/PhoneNum08179176090
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
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ReturnHeader/ReturnTs02022-07-05T10:56:46-07:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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Filings