Strings Of Mercy Inc
- Assets
- $49.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Hiawassee, GA
- Founding
- 09/2015
- Data as of
- 12/2022
- EIN
- 47-4201708
Organization Overview
Strings Of Mercy Inc is located in Hiawassee, GA. The organization was established in 2015. According to its NTEE Classification (E86) the organization is classified as: Patient & Family Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Strings Of Mercy Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Strings Of Mercy Inc generated $69.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $54.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO CHANGE THE WAY WE CARE FOR THE SUFFERING THROUGH LIVE THERAPEUTIC MUSIC.
Describe the Organization's Program Activity:
Part 3
CERTIFIED MUSIC PRACTITIONERS VISIT PATIENTS TO PLAY MUSIC FOR THEM AND PROVIDE LIVE THERAPEUTIC MUSIC TO AID IN COMFORT AND/OR RECOVERY.
CERTIFIED MUSIC PRACTITIONERS VISIT PATIENTS TO PLAY MUSIC FOR THEM AND PROVIDE LIVE THERAPEUTIC MUSIC TO AID IN COMFORT AND/OR RECOVERY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles A Beckman Executive Di | 0 | $24,000 | |
Cheri Beckman Secretary | 0 | $0 | |
Bill Rogers Chairman | 0 | $0 | |
Chris Karabinos Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,118 |
| Total Program Service Revenue | $19,807 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $47 |
| Total Revenue | $68,972 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $5,000 |
| Salaries, other compensation, and employee benefits | $25,836 |
| Professional fees and other payments to independent contractors | $14,733 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $749 |
| Other expenses | $4,761 |
| Total expenses | $54,489 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,188 |
| Other assets | $0 |
| Total assets | $49,539 |
| Total liabilities | $224 |
| Net assets or fund balances | $49,315 |