Saving Mercy Corporation

Tax-deductible

Ocala, FL501(c)(3)HousingEIN 81-4404138

To provide housing and case management services to at-risk and vulnerable homeless in faith based enviroment.

501(c)(3) charity; gifts are tax-deductible.
96¢ of each $1 spent went to programs.
Run by 9 volunteers and 8 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $413K a year · 38% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$92K
to officers and key staff · 13% of spending
Top officer’s pay lower than 92% of similar orgs
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
16 mo
of spending, in cash
Looks good: 15.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $29K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$9K
0.3% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.7M
+172% vs prior year
Spent
$723K
To programs
96%
Net assets
$3.1M
By yearFY2020–FY2024
Revenue
$1.7M
FY2024▲ +172%
Revenue by fiscal year
FY2020$1.1M
FY2021$1.2M
FY2022$768K
FY2023$616K
FY2024$1.7M
Expenses
$723K
FY2024▲ +25%
Expenses by fiscal year
FY2020$705K
FY2021$667K
FY2022$666K
FY2023$579K
FY2024$723K
Net assets
$3.1M
FY2024▲ +44%
Net assets by fiscal year
FY2020$1.5M
FY2021$2.1M
FY2022$2.2M
FY2023$2.2M
FY2024$3.1M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2017.

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

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $691K Management & general 4% · $32K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

16 people listed on the 990; $92K paid to officers and key staff.

Part VII, Section A · reportable compensation
Exec. Director Eff. April 2024
$59,150Pt VII · Sec A
Exec. Director Thru March 2024
$33,088Pt VII · Sec A
Treas. Thru June 2024
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A

Penny Beehler’s $59K as Exec. Director Eff. April 2024 is at the 8th percentile of top reported officer pay among 2036 $1–10M housing 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.

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Penny Beehler$59,150————
Stacey Collier—$4,230$50,733$42,740—
Heather M Berry—$47,679———
Elizabeth Ramos$33,088————
Janine Rogers————$32,212
Richard Casey JR———$18,462$12,923

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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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 15aNo

Programs and updates

Offers housing and support services to homeless individuals in a faith-based setting.

Provided by the organization

This section is blank until Saving Mercy Corporation claims this page.

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2 program services account for $691K of program spending, described in the organization's own filed words · FY2024.
01

The provision of affordable housing to very low and low income PERSONS/FAMILIES. 150 people were served in 2024.

$636Kprogram expense
02

The provision of housing and case management to homeless PERSONS/FAMILIES. 116 individuals and 50 households served.

$55Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$29K
Grants paid · 9 grants · $442K · 2020–2024
Unitemized GrantFY2024$171,538
Unitemized GrantFY2024$13,950
Unitemized GrantFY2023$40,147
Unitemized GrantFY2023$2,810
Unitemized GrantFY2022$101,321
Unitemized GrantFY2022$11,587
Unitemized GrantFY2021$66,355
Unitemized GrantFY2021$8,756
Lilsa Property Management LLCFY2020$25,039

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.7M
Ln 12
Gifts and grantsLn 1h$805K
Other incomeLn 4–11$337K
Investment incomeLn 3$290K
Money outPt IX
$723K
Ln 25
Programscol B$691K
Managementcol C$32K
Owns and owesPt X
$3.1M
net assets · Ln 32
Cash and savingsLn 1–2$959K
Total assetsLn 16$3.2M
LiabilitiesLn 26$9K
PeoplePt VI, VII
16
listed · VII A
PaidVII A2
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$805K
Government grantsLn 1e$231K
Fundraising eventsLn 1c$79K
Fees for servicesLn 2g$248K
Investment incomeLn 3$290K
Other incomeLn 4–11$337K
Gains on assetsLn 7$256K
Total revenueLn 12$1.7M
Assets in detailPt X, end of year
CashLn 1$307K
SavingsLn 2$652K
Cash and savings togetherLn 1–2$959K
Land, buildings, equipmentLn 10c$1.9M
Other assetsLn 15$334K
Total assetsLn 16$3.2M
LiabilitiesLn 26$9K
Net assetsLn 32$3.1M
OperationsPt I, VI
EmployeesI 58
VolunteersI 69
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$815K$959K
Land, buildings, equipmentLn 10c$2.0M$1.9M
Total assetsLn 16$3.2M$3.2M
LiabilitiesLn 26$989K$9K
Net assetsLn 32$2.2M$3.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$185K$185K
Pay of current officers, directors and key staffLn 5$92K$92K
Other salaries and wagesLn 7$77K$77K
Payroll taxesLn 10$19K$19K
Legal feesLn 11b$6K$6K
Accounting feesLn 11c$4K$4K
Other fees for servicesLn 11g$211$211
Advertising and promotionLn 12$411$411
Office expensesLn 13$9K$9K
TravelLn 17$68$68
InterestLn 20$25K$25K
Depreciation, depletion and amortizationLn 22$20K$20K
InsuranceLn 23$22K$3K$19K
Other expenses (24a–d)Ln 24$217K$217K
All other expensesLn 24e$45K$45K
Total functional expensesLn 25$723K$691K$32K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $1.7M$723K$957K$3.1M 990 PDF
FY2023 $616K$579K$37K$2.2M 990 PDF
FY2022 $768K$666K$101K$2.2M 990 PDF
FY2021 $1.2M$667K$561K$2.1M 990 PDF
FY2020 $1.1M$705K$408K$1.5M 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 FY2024 990 (4 parts)
Part VIII · Statement of revenue $1,679,470 across 11 lines filed
VIII-1c Fundraising events$78,860
VIII-1e Government grants$231,029
VIII-1f All other contributions, gifts and grants$495,380
VIII-1h Total contributions, gifts and grants$805,269
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $247,904$247,904
VIII-3 Investment incomeExcluded from tax $33,210$33,210
VIII-6 Net rental income or lossExcluded from tax $333,858$333,858
VIII-7 Net gain or loss on sales of assetsExcluded from tax $256,384$256,384
VIII-8 Net income from fundraising eventsExcluded from tax −$8,855−$8,855
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $11,700$11,700
VIII-12 Total revenueRelated to mission $247,904 · Unrelated business $0 · Excluded from tax $626,297$1,679,470
Part IX · Statement of functional expenses $722,953 across 15 lines filed
IX-2 Grants to domestic individualsPrograms $185,488$185,488
IX-5 Pay of current officers, directors and key staffPrograms $92,238$92,238
IX-7 Other salaries and wagesPrograms $76,687$76,687
IX-10 Payroll taxesPrograms $19,367$19,367
IX-11b Legal feesPrograms $6,134$6,134
IX-11c Accounting feesManagement $4,162$4,162
IX-11g Other fees for servicesPrograms $211$211
IX-12 Advertising and promotionPrograms $411$411
IX-13 Office expensesManagement $9,322$9,322
IX-17 TravelPrograms $68$68
IX-20 InterestPrograms $25,478$25,478
IX-22 Depreciation, depletion and amortizationPrograms $19,687$19,687
IX-23 InsurancePrograms $2,984 · Management $18,706$21,690
IX-24 Other expenses (24a–d)Programs $217,454$217,454
IX-24e All other expensesPrograms $44,556$44,556
IX-25 Total functional expensesPrograms $690,763 · Management $32,190 · Fundraising $0$722,953
Part X · Balance sheet $3,156,205 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $84,598$307,036
X-2 Savings and temporary cash investmentsStart of year $730,502$652,018
X-4 Accounts receivable$6,592
X-9 Prepaid expenses and deferred chargesStart of year $58$3,857
X-10c Land, buildings and equipment, netStart of year $2,009,041$1,853,184
X-15 Other assetsStart of year $355,799$333,518
X-16 Total assetsStart of year $3,179,998$3,156,205
X-17 Accounts payable and accrued expensesStart of year $63,420$9,166
X-26 Total liabilitiesStart of year $989,476$9,166
X-27 Net assets without donor restrictionsStart of year $1,460,020$2,495,020
X-28 Net assets with donor restrictionsStart of year $730,502$652,019
X-32 Total net assets or fund balancesStart of year $2,190,522$3,147,039
X-33 Total liabilities and net assetsStart of year $3,179,998$3,156,205
Part XI · Reconciliation of net assets $3,147,039 net assets at year end
XI-1 Total revenue$1,679,470
XI-2 Total expenses$722,953
XI-3 Revenue less expenses$956,517
XI-4 Net assets at start of year$2,190,522
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,147,039

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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