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Mercury One Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 453929881 ✦ Irving, TX ✦ Designated as a 501(c)(3)

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Overview

What is Mercury One Inc?

Mercury One Inc, based in Irving, Texas, is a humanitarian aid and education organization devoted to restoring the human spirit. Their initiatives encompass providing programs to enhance the skills, knowledge, and attitudes within communities, offering assistance to crisis-stricken individuals, and supporting persecuted religious minorities around the world. Mercury One is particularly known for its efforts in aiding Christian refugees driven from their homes due to religious persecution. These refugees have been relocated to countries such as Slovakia and Australia and are provided with housing, food, and language training. The organization's workforce consists of 26 dedicated employees.


Official website here: www.mercuryone.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Stars (69%)

Mercury One Inc has received a "Needs Improvement" rating from Charity Navigator, indicating that while the organization demonstrates strong accountability and financial practices, there are concerns regarding its financial health metrics. The organization excels in governance, having a fully independent board and robust oversight mechanisms, which highlights its commitment to transparency.

Strengths include a high program expense ratio of 90.48%, indicating that a significant portion of its resources is directed towards its charitable programs. Additionally, fundraising efficiency is commendable, with only $0.04 spent to raise a dollar, reflecting effective resource management in fundraising efforts. These factors contribute positively to its overall accountability score.

However, the organization faces challenges with a low working capital ratio of 0.19 years, suggesting potential liquidity issues that could impact its operational capacity. This aspect may require attention to ensure long-term sustainability and effectiveness in fulfilling its mission. Overall, while Mercury One Inc demonstrates strong governance, improving its financial stability is essential for enhanced performance.


This AI summary has been generated from information found on Charity Navigator.

Is Mercury One Inc legitimate?

Mercury One Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mercury One Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $175,514
Professional Fundraising Fees: $1,172,214
Other Salaries and Wages: $1,029,835

For more financial information, click here


Official website here: www.mercuryone.org

What is the mission statement of Mercury One Inc?

Mercury One Inc is a humanitarian aid and education organization dedicated to restoring the human spirit. Through their initiatives, they aim to empower individuals by advancing their skills, knowledge, and attitudes, enabling communities to help themselves. The organization extends aid to those in crisis and supports veterans in need. Additionally, Mercury One Inc plays a crucial role in rebuilding and restoring the lives of persecuted religious minorities around the world.


Official website here: www.mercuryone.org

Who is the CEO of Mercury One Inc?

David Barton is the Board President of Mercury One Inc.


Official website here: www.mercuryone.org

What is the revenue of Mercury One Inc?

Mercury One Inc's revenue in 2022 was $15,395,836.


Official website here: www.mercuryone.org

Who are the executives of Mercury One Inc and what are their salaries?

The average compensation at Mercury One Inc during 2022 was $46,360. There are 26 employees and 75 volunteers at Mercury One Inc.


Here are 8 key members and their salaries:


Suzanne M Bock (Executive Director)
  • Compensation: $147,809
  • Related: $0
  • Other: $27,705
Kyra Beeson (Dir. Of Operations End: 10/22)
  • Compensation: $104,607
  • Related: $0
  • Other: $28,049
Jonathan Decker (Executive Director)
  • Compensation: $92,300
  • Related: $0
  • Other: $0
David Barton (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Dulin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Mullins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Barton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn Beck (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mercuryone.org

Where can I find the form 990 for Mercury One Inc?

Mercury One Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mercuryone.org

Learn more at the official website: www.mercuryone.org

Mission Statement of Mercury One Inc

Mercury One Inc, a humanitarian aid and education organization, strives to restore the human spirit. This mission is carried out through various initiatives that aim to empower individuals and communities, helping them acquire the necessary skills, knowledge, and attitudes for self-improvement.

Mercury One Inc extends its reach beyond borders, offering assistance to veterans in need, providing aid to those in crisis, and rebuilding and restoring the lives of persecuted religious minorities around the world. The organization's humanitarian efforts are not limited to material support; they also focus on the spiritual and emotional well-being of those they serve.

In essence, Mercury One Inc is a beacon of hope for people in distress, extending a helping hand to those who need it most. Through their initiatives, they not only provide essential resources but also instill a sense of dignity, self-worth, and resilience, allowing communities to help themselves and rebuild their lives. Mercury One Inc's unwavering commitment to restoring the human spirit is a testament to their compassion and dedication to making a difference in the lives of countless individuals.

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Impact




October, 2024

Mercury One Inc significantly impacts communities and individuals facing crises, particularly focusing on humanitarian aid and education. Through initiatives like The Nazarene Fund, the organization actively rescues and supports Christian refugees and other religious minorities who are endangered and persecuted due to their beliefs. By relocating these individuals to safer environments such as Slovakia and Australia, Mercury One provides essential services, including housing, food, and language training, facilitating their integration and rebuilding of lives.

In addition to aiding refugees, Mercury One empowers individuals by offering programs that enhance skills and knowledge, enabling communities to become self-sufficient. The organization also prioritizes support for veterans, ensuring they receive the assistance and resources necessary to navigate their unique challenges. In all its efforts, Mercury One is dedicated to restoring the human spirit, making a profound and positive difference in the lives of those it serves across the globe.




This information is meant to be a general summary of Mercury One Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$15,395,836 (2022)
Expenses
$12,704,108 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $6,257
  • Program Service Revenue: $97,297
  • Gross Receipts: $15,553,066

Assets and Liabilities:

  • Total Assets: $10,963,130
  • Total Liabilities: $3,616,128
  • Net Assets: $7,347,002

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LEADERSHIP TRAINING PROGRAM/SEMINARS

Revenue

$97,297

Organization Details

Founding Year

2011

Principal Officer

David Barton

Main Address

PO Box 140489, Irving, TX, 750140489

NTEE Category

Code: Q33 - International

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