Overview
What is The Mental And Emotional Resource Center?
The Mental and Emotional Resource Center (MERCI) is a nonprofit organization situated in Memphis, Tennessee (specifically at 1565 Overton Park, ZIP code 38112). Its primary mission is to offer mental, emotional, and spiritual support and healing to individuals facing challenging circumstances, particularly during their most vulnerable times. With a small workforce of just four employees, MERCI works tirelessly to fulfill its mission, providing essential mental health care services. While details about specific programs and initiatives are not provided, it's clear that MERCI is dedicated to assisting those in need of emotional support, helping them navigate through their difficult times.
Official website here: www.mercimemphis.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Mental And Emotional Resource Center has received a two-star rating from Charity Navigator, indicating that improvements are needed in its overall accountability and financial practices. With an overall score of 61%, the organization demonstrates strong governance in certain areas, such as having a majority of independent board members and a proper board size. However, the absence of critical policies like conflict of interest and whistleblower protections highlights gaps in risk management.
In terms of financial efficiency, the organization excels with a program expense ratio of 87.82%, showing that a significant portion of its expenses is directed towards its mission. However, concerning liabilities, the ratio of liabilities to assets is notably high at 83.45%, which raises concerns about the organization's financial stability. This could impact its ability to sustain operations and fulfill its mission effectively.
While the organization has made strides in some governance metrics, the lack of essential policies and a concerning liabilities-to-assets ratio suggest that stakeholders should approach their support with caution. Strengthening policy frameworks and addressing financial health could enhance the Mental And Emotional Resource Center's effectiveness and credibility in the long term.
This AI summary has been generated from information found on Charity Navigator.
Is The Mental And Emotional Resource Center legitimate?
The Mental And Emotional Resource Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Mental And Emotional Resource Center 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: $45,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $147,329
For more financial information, click here
Official website here: www.mercimemphis.org
What is the mission statement of The Mental And Emotional Resource Center?
The Mental And Emotional Resource Center's mission is centered around offering mental, emotional, and spiritual support and healing to individuals in distressing situations. This non-profit organization aims to assist those in their most vulnerable hours, providing essential care during times when it is most needed. Their primary focus lies in delivering mental health services and emotional support to those who require it.
Official website here: www.mercimemphis.org
Who is the CEO of The Mental And Emotional Resource Center?
Nancy Liebbe is the Executive Dir. of The Mental And Emotional Resource Center.
Official website here: www.mercimemphis.org
What is the revenue of The Mental And Emotional Resource Center?
The Mental And Emotional Resource Center's revenue in 2022 was $294,423.
Official website here: www.mercimemphis.org
Who are the executives of The Mental And Emotional Resource Center and what are their salaries?
The average compensation at The Mental And Emotional Resource Center during 2022 was $48,082. There are 4 employees at The Mental And Emotional Resource Center.
Here are 6 key members and their salaries:
- Compensation: $45,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mercimemphis.org
Where can I find the form 990 for The Mental And Emotional Resource Center?
The Mental And Emotional Resource Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mercimemphis.org
Learn more at the official website: www.mercimemphis.org
Mission Statement of The Mental And Emotional Resource Center
The Mental and Emotional Resource Center, abbreviated as MERCI, is a nonprofit organization dedicated to providing vital mental, emotional, and spiritual support to individuals in their most fragile moments. MERCI's mission is to offer healing and solace to those in need, focusing on the most vulnerable hours of their lives. By offering this essential support, the organization aims to help these individuals navigate through their challenges, fostering a pathway to recovery and well-being.
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Impact
June, 2024
The Mental And Emotional Resource Center, known as MERCI, has a profound impact on individuals in need of mental and emotional support in Memphis, TN. Through their mission of providing mental and emotional healthcare to those facing challenging times, MERCI offers vital support and healing to individuals during their most vulnerable hours. Their tagline of "Mental health" underscores the critical role they play in promoting well-being and resilience in the community.
This information is meant to be a general summary of The Mental And Emotional Resource Center. 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: $37
- Program Service Revenue: $294,386
- Gross Receipts: $294,423
Assets and Liabilities:
- Total Assets: $27,415
- Total Liabilities: $8,102
- Net Assets: $19,313
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Organization Details
Founding Year
2017
Phone
(901) 729-7825Principal Officer
Nancy Liebbe
Main Address
1565 Overton Park, Memphis, TN, 38112
Website
www.mercimemphis.orgNTEE Category
Code: F30 - Mental health
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