Mercy Seat Assembly

Tax-deductible

Marietta, GA501(c)(3)ReligionEIN 58-2636329Revenue $200K in FY2018

On file with the IRS2265 Roswell Rd, 30062-2997 · Marietta, GATax-exempt since Dec 2020Church — 170(b)(1)(A)(i)

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for charitable purposes

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
$48K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2018 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2018
latest Form 990
Concern: the latest return is for FY2018, 8 tax years back; more than 4 tax years.
IRS e-file · Filing history
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$48K
to officers and key staff · 30% of spending
Top officer’s pay lower than 52% of similar orgs
Worth a look: pay to officers and key staff is 30% of spending; over 20%.
Pt VII · Sec A
Cash reserves
7 mo
of spending, in cash
Looks good: 6.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$809
0.6% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$200K
Spent
$159K
To programs
100%
Net assets
$141K

From the FY2018 Form 990 · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2018. IRS ruling in Dec 2020.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $159K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

1 person listed on the 990; $48K paid to officers and key staff.

Part VII, Section A · reportable compensation
$47,714Pt VII · Sec A

Darryl Winston’s $48K as Pastor is at the 48th percentile of top reported officer pay among 2133 $100K–1M religion nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Mercy Seat Assembly is a religious organization based in Marietta, GA.

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Provided by the organization

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1 program · in their own filed words · FY2018
01

for charitable purposes

Pt IX · col B

By the numbers

The FY2018 990, line by line.

1The main four
Money inPt VIII
$200K
Ln 12
Gifts and grantsLn 1h$200K
Money outPt IX
$159K
Ln 25
Programscol B$159K
Owns and owesPt X
$141K
net assets · Ln 32
Cash and savingsLn 1–2$89K
Total assetsLn 16$142K
LiabilitiesLn 26$809
PeoplePt VI, VII
1
listed · VII A
PaidVII A1
Voting boardVI 1a0
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$200K
Gains on assetsLn 7$0
Total revenueLn 12$200K
Assets in detailPt X, end of year
CashLn 1$50K
SavingsLn 2$39K
Cash and savings togetherLn 1–2$89K
Land, buildings, equipmentLn 10c$54K
Total assetsLn 16$142K
LiabilitiesLn 26$809
Net assetsLn 32$141K
OperationsPt I, VI
EmployeesI 51
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY18End FY18
Cash and savingsLn 1–2$0$89K
Land, buildings, equipmentLn 10c$0$54K
Total assetsLn 16$0$142K
LiabilitiesLn 26$0$809
Net assetsLn 32$0$141K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$48K$48K$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$15K$15K
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0$0$0
Advertising and promotionLn 12$3K$3K
Office expensesLn 13$300$300
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$20K$20K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$703$703
InsuranceLn 23$763$763
Other expenses (24a–d)Ln 24$50K$50K
All other expensesLn 24e$21K$21K
Total functional expensesLn 25$159K$159K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2018 Latest Viewing $200K$159K$41K$141K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2018 990 (6 parts)
Part I · Summary $200,000 revenue, 12 lines filed
I-8 Contributions and grants$200,000
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $0$200,000
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$63,016
I-16a Professional fundraising fees$0
I-17 Other expenses$96,168
I-18 Total expensesPrior year $0$159,184
I-19 Revenue less expensesPrior year $0$40,816
Part VI · Governance no flags
VI-1a Voting members of the governing body0
VI-1b Independent voting members0
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $200,000 across 10 lines filed
VIII-1f All other contributions, gifts and grants$200,000
VIII-1h Total contributions, gifts and grants$200,000
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $0$0
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)$0
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$200,000
Part IX · Statement of functional expenses $159,184 across 27 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $47,714 · Management $0$47,714
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $15,302$15,302
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $0 · Management $0$0
IX-12 Advertising and promotionPrograms $3,355$3,355
IX-13 Office expensesPrograms $300$300
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $20,314$20,314
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $703$703
IX-23 InsurancePrograms $763$763
IX-24 Other expenses (24a–d)Programs $49,950$49,950
IX-24e All other expensesPrograms $20,783$20,783
IX-25 Total functional expensesPrograms $159,184 · Management $0 · Fundraising $0$159,184
Part X · Balance sheet $142,174 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $0$49,532
X-2 Savings and temporary cash investmentsStart of year $0$39,090
X-10c Land, buildings and equipment, netStart of year $0$53,552
X-16 Total assetsStart of year $0$142,174
X-17 Accounts payable and accrued expensesStart of year $0$809
X-26 Total liabilitiesStart of year $0$809
X-32 Total net assets or fund balancesStart of year $0$141,365
X-33 Total liabilities and net assetsStart of year $0$142,174
Part XI · Reconciliation of net assets $141,365 net assets at year end
XI-1 Total revenue$200,000
XI-2 Total expenses$159,184
XI-3 Revenue less expenses$40,816
XI-4 Net assets at start of year$0
XI-9 Other changes in net assets$100,549
XI-10 Net assets at end of year$141,365

Form 990 e-file (XML) FY2018 from the IRS · Classification, formation year and address from the IRS Business Master File

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