Overview
What is Mercy Ships Foundation?
The Mercy Ships Foundation is a nonprofit organization based in Lindale, Texas, with a PO Box address (75771). It operates as a supporting entity, furthering the religious, charitable, and educational purposes of Mercy Ships, a recognized 501(c)(3) organization. The foundation's primary objective is to sustain Mercy Ships' operations, contributing to their mission.
Official website here: www.mercyships.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
Mercy Ships Foundation has achieved a remarkable 100% rating from Charity Navigator, indicating exemplary accountability and financial health. This rating underscores the charity's strong commitment to transparency and ethical governance, as evidenced by its fully independent board and comprehensive policies in place to manage conflict of interest and ensure proper oversight.
The organization excels in its financial management, with a program expense ratio of 99.83%, meaning that nearly all of its expenditures directly support its mission. Additionally, the foundation maintains an impressive working capital ratio of 6.21 years, suggesting robust financial stability and an ability to sustain operations over the long term without relying heavily on new revenue.
While the ratings highlight Mercy Ships Foundation's strengths, it's important to note that the entire score is based solely on the Accountability & Finance category. This singular focus may not provide a complete picture of the charity's overall impact or effectiveness in achieving its mission, which could be an area of consideration for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Mercy Ships Foundation legitimate?
Mercy Ships Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mercy Ships Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.mercyships.org
What is the mission statement of Mercy Ships Foundation?
The Mercy Ships Foundation serves a crucial role in supporting the mission of Mercy Ships, a recognized 501(c)(3) organization. By operating as a separate entity, the Foundation facilitates the charitable and educational pursuits of Mercy Ships. The Foundation's primary purpose is to ensure the smooth functioning of Mercy Ships and further its religious, charitable, and educational objectives. The Foundation's dedication is solely focused on advancing the noble causes of Mercy Ships.
Official website here: www.mercyships.org
Who is the CEO of Mercy Ships Foundation?
Barbara Bass is the Chair, Director of Mercy Ships Foundation.
Official website here: www.mercyships.org
What is the revenue of Mercy Ships Foundation?
Mercy Ships Foundation's revenue in 2022 was $58,837,465.
Official website here: www.mercyships.org
Who are the executives of Mercy Ships Foundation and what are their salaries?
There 11 volunteers at Mercy Ships Foundation.
Here are 14 key members and their salaries:
- Compensation: $0
- Related: $234,721
- Other: $26,605
- Compensation: $0
- Related: $229,965
- Other: $26,532
- Compensation: $0
- Related: $56,183
- Other: $8,599
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- Other: $0
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- Other: $0
Official website here: www.mercyships.org
Where can I find the form 990 for Mercy Ships Foundation?
Mercy Ships Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mercyships.org
Learn more at the official website: www.mercyships.org
Mission Statement of Mercy Ships Foundation
Mercy Ships Foundation is a supporting organization dedicated to advancing the religious, charitable, and educational pursuits of Mercy Ships. This qualified 501(c)(3) entity exists to back the humanitarian work of Mercy Ships in furtherance of its mission. The Foundation operates as a religious, charitable, and educational entity itself, solely focused on amplifying Mercy Ships' impact.
Mercy Ships Foundation plays a vital role in underpinning Mercy Ships' operations by providing essential support. Mercy Ships, an independent organization, sets sail to deliver free, world-class healthcare services, surgery, and education to people living in the poorest and most remote communities. Mercy Ships Foundation's contributions enable the organization to continue its lifesaving endeavors.
Mercy Ships Foundation's primary purpose is to facilitate Mercy Ships' vital work, which transforms lives and offers hope to those in need. Through their combined efforts, they address the physical and spiritual needs of individuals in impoverished regions, ultimately creating a brighter future for countless lives.
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Impact
October, 2024
Mercy Ships Foundation significantly enhances the operations of Mercy Ships, which provides vital medical care and surgical services to underserved communities around the world. By supporting its mission, the foundation plays a crucial role in delivering essential healthcare, improving patient outcomes, and transforming lives. With a focus on religious, charitable, and educational initiatives, the foundation's efforts promote access to life-changing surgeries and health education, benefiting individuals and communities in need. Operating from Lindale, Texas, its commitment to philanthropy strengthens the infrastructure necessary for Mercy Ships to continue its impactful work in global health.
This information is meant to be a general summary of Mercy Ships Foundation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,168,352
- Gross Receipts: $64,331,654
Assets and Liabilities:
- Total Assets: $231,178,366
- Total Liabilities: $537,810
- Net Assets: $230,640,556
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Organization Details
Founding Year
1993
Phone
(903) 939-7000Principal Officer
Barbara Bass
Main Address
PO Box 1298, Lindale, TX, 75771
Website
www.mercyships.orgNTEE Category
Code: T99Z - Philanthropy
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