| Entity | Document Type | Tax ID |
|---|---|---|
| Mercy Corps and Affiliates | Consolidated Audited Financial Statements | Multiple |
| Mercy Corps | IRS Form 990 | 91-1148123 |
|
Entity: Mercy Corps and Affiliates Document Type: Consolidated Audited Financial Statements Tax ID: Multiple |
|
Entity: Mercy Corps Document Type: IRS Form 990 Tax ID: 91-1148123 |
| Name | Title | Compensation | |
|---|---|---|---|
| 1 | Tjada D'Oyen McKenna | Chief Executive Officer | $550,303 |
| 2 | Jennifer Sime | Chief Operating Officer | $351,892 |
| 3 | Ndubisi Anyanwu | Country Director | $335,810 |
|
1 Name: Tjada D'Oyen McKenna Title: Chief Executive Officer Compensation: $550,303 |
|
2 Name: Jennifer Sime Title: Chief Operating Officer Compensation: $351,892 |
|
3 Name: Ndubisi Anyanwu Title: Country Director Compensation: $335,810 |
CharityWatch's rating of Mercy Corps includes the financial activities of the entities consolidated in the Mercy Corps & Affiliates audited financial statements for the fiscal year ended June 30, 2024. According to the Mercy Corps fiscal 2024 consolidated audit (Note 1 re: Business and Organization): "...Mercy Corps Global (Mercy Corps), a Washington nonprofit corporation, and its controlled affiliates under common control are collectively referred to herein as the Organization. All intercompany transactions and balances have been eliminated..." According to Note 1 of the consolidated audit, the active consolidated affiliates in fiscal 2024 are: (1) Kompanion Bank Closed Joint Stock Company (Kompanion); (2) Mercy Corps Europe (MCE); (3) Mercy Corps Netherlands (MCNL); (4) Mercy Corps Kenya; (5) MC Nigeria LTD/GTE; (6) Yayasan Mercy Corps Indonesia (YMCI); (7) Mercy Corps Corporate Fund (MCCF) (previously Asian Credit Public Fund); (8) Mercy Corps Development Holdings, LLC (MCDH); (9) CIT Services, LLC (CIT); (10) Humanitarian Energy PLC (HumEN). |
According to the Mercy Corps & Affiliates audited Consolidated Statement of Activities for the year ended June 30, 2024, Mercy Corps reports receiving in-kind "Material aid" and donated "Gifts in kind" on which it placed a value of $2,738,000 and $1,641,000, respectively. [Note: CharityWatch generally excludes the value of in-kind (non-cash) donations of goods and services from its calculations of Program % and Cost to Raise $100. More information on how grades are calculated and the treatment of in-kind donations can be found on the Our Process page.] |
According to the Mercy Corps & Affiliates consolidated audit of June 30, 2024 (Note 12, Commitments and Contingencies): "The Organization receives a substantial portion of its funding in the form of grants from government and multilateral agencies. These grants contain certain compliance and internal control requirements that, if violated, may result in the disallowance of certain costs incurred under the grant programs. Additionally, the Organization is involved in various legal proceedings and claims arising in the normal course of business. The Organization adjusts the contingent liabilities each year based on settlement of accrued amounts and potential liabilities that are reasonably likely and estimable. At June 30, 2024 and 2023, the Organization had total accrued contingent liabilities of $1,479 [thousand] and $2,007 [thousand], respectively..." According to the Mercy Corps & Affiliates consolidated audit of June 30, 2024 (Note 14, Significant Sources of Revenue and Concentration of Risk, Significant Sources of Revenue): "The Organization receives a majority of its funding through grants from government agencies, including 38% from the Organization's cognizant agent, the US Agency for International Development (USAID). A reduction in the amount of grants available or the Organization's ability to receive government grants would have a material impact on its programs and operations..." |
