Mercys Gate
- Assets
- $1.4m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 7
- Location
- Colorado Springs, CO
- Founding
- 09/1998
- Data as of
- 12/2023
- EIN
- 84-1093341
Organization Overview
Mercys Gate is located in Colorado Springs, CO. The organization was established in 1998. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2023, Mercys Gate employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mercys Gate 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 12/2023, Mercys Gate generated $1.7m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $1.6m during the year ending 12/2023. While expenses have increased by 4.5% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
FOR PEOPLE IN CRISIS, WE OFFER RELIEF, THE HOPE OF THE GOSPEL, AND A VISION FOR RESTORATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, MERCY'S GATE PROVIDED FOOD PANTRY VISITS TO 4,571 HOUSEHOLDS REPRESENTING 13,983 PEOPLE. THIS SERVICE IS VALUED AT $510K. ADDITIONALLY, MORE THAN 2,426 HOT MEALS WERE SERVED TO OUR NEIGHBORS WHILE THEY VISITED MERCY'S GATE, SEEKING EMERGENCY ASSISTANCE. RENTAL/ MORTGAGE ASSISTANCE OF $215K WAS PROVIDED TO 449 HOUSEHOLDS HELPING THEM AVOID EVICTION AND HOMELESSNESS. THROUGH PARTNERSHIPS WITH THE COLORADO SPRINGS UILTITES' PROJECT COPE AND ENERGY OUTREACH COLORADO', WE PROVIDED ASSISTANCE TO THOSE FACING DISCONNECTION OF THEIR UTILITIES. THESE PROGRAMS HELPED 411 HOUSEHOLDS (1205 INDIVIDUALS), MAINTAIN HEAT, LIGHT, AMD COOKING CAPABILITIES WITH A COMBINED VALUE OF $239,300. ADDITIONALLY, MERCY'S GATE PROVIDED DIRECT UTILITIES ASSISTANCE FOR 11 HOUSEHOLDS TOTALLING $2,400.OTHER ASSISTANCE INCLUDED A MEDICAL PROGRAM WHICH PROVIDED 483 HOUSEHOLDS ACCESS TO MEDICAL CARE, MEDICATIONS, VISION EXAMS AND EYEGLASSES VALUED AT $18,960, PREPARATION OF 1,148 TAX RETURNS FOR LOW-INCOME HOUSEHOLDS THROUGH THE VITA PROGRAM WITH AN ESTIMATED VALUE OF $516,600. CLOTHING VOUCHERS FOR 799 HOUSEHOLDS, REPRESENTING 2412 PEOPLE, WITH AN ESTIMATED VALUE OF $28,089; HOLIDAY MEAL KITS FOR 686 FAMILIES ($90,700); TRANSPORTATION ASSISTANCE FOR 1268 HOUSEHOLDS ($28,879); AND OTHER ASSISTANCE SUCH AS BIRTHDAY GIFTS, EMOTIONAL CARE AND SUPPORT, AND DIRECT STAFF SUPPORT TO PROGRAMS AND PEOPLE IN NEED. VOLUNTEERS, WHOSE TIME DID NOT QUALIFY FOR RECORDING IN THE ORGANIZATION'S GAAP FINANCIAL STATEMENTS, DONATED OVER 11,793 HOURS OF TIME VALUED AT MORE THAN $375K. THE ORGANIZATION'S VALUE OF DONATED PROFESSIONAL SERVICES AND DONATED RENT ARE INCLUDED IN ITS FINANCIAL STATEMENTS BUT ARE INELIGIBLE TO BE INCLUDED ON THE FORM 990.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerry Reinsma Board Chair | OfficerTrustee | 1 | $0 |
Eddie White Board Secretary | OfficerTrustee | 1 | $0 |
Jacy Mautz Board Treasurer | OfficerTrustee | 1 | $0 |
Ej Nusbaum Board Vice Chairman | OfficerTrustee | 1 | $0 |
Jason Dilger Executive Director | Officer | 40 | $87,089 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,645,314 |
| Noncash contributions included in lines 1a–1f | $726,499 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,655,314 |
| Total Program Service Revenue | $0 |
| Investment income | $17,310 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,675,244 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,012,720 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $147,221 |
| Compensation of current officers, directors, key employees. | $66,102 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $123,821 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $47,263 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,088 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $9,464 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $51,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,283 |
| Insurance | $11,287 |
| All other expenses | $47,369 |
| Total functional expenses | $1,631,100 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $254,634 |
| Savings and temporary cash investments | $996,480 |
| Pledges and grants receivable | $54,097 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $12,284 |
| Prepaid expenses and deferred charges | $5,589 |
| Net Land, buildings, and equipment | $30,698 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $91,339 |
| Total assets | $1,445,121 |
| Accounts payable and accrued expenses | $34,808 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $87,339 |
| Total liabilities | $122,147 |
| Net assets without donor restrictions | $1,217,109 |
| Net assets with donor restrictions | $105,865 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,445,121 |