Mercy Medical Angels

The information on this page was last updated 7/22/2022. If you see errors or omissions, please email: info@ministrywatch.com


Summary



Mercy Medical Angels helps saves lives with medical transportation for those in need. For many patients, the journey back to a health is a long process. While healthcare is available, the cost of travel to distant medical facilities creates a financial burden preventing many patients from accessing the vital care they need.

Mercy Medical Angels removes the barrier to medical care with transportation on the ground and in the air.


Contact information

Mailing address:
Mercy Medical Angels
4620 Haygood Road, Ste. 3
Virginia Beach, VA 23455

Website: mercymedical.org

Phone: (757) 318-9174

Email: info@mercymedical.org


Organization details

EIN: 521374161

CEO/President: RADM J.B. Godwin III USN

Chairman: David Linton

Board size: 12

Founder: Mr. Edward Boyer

Ruling year: 1985

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: No

Member of ECFA since:


Purpose

Our Vision: To ensure that no one is ever denied medical care because they don't have transportation.


Mission statement

Removing the barrier to medical care with transportation on the ground and in the air.


Statement of faith

Donor confidence score

Show donor confidence score details

Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Relief and Development

CategoryRatingOverall rankSector rank
Overall efficiency rating232 of 103127 of 85
Fund acquisition rating541 of 103347 of 85
Resource allocation rating292 of 103327 of 85
Asset utilization rating243 of 103120 of 85

Financial ratios

Funding ratiosSector median20212020201920182017
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%6%7%4%3%2%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%6%7%4%3%2%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
99%99%98%98%99%99%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%7%8%4%2%2%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
1%1%2%2%1%1%
 
Operating ratiosSector median20212020201920182017
Program expense ratio Program expense ratio =
Program services /
Total expenses
85%89%86%92%93%95%
Spending ratio Spending ratio =
Total expenses /
Total revenue
93%92%92%100%111%110%
Program output ratio Program output ratio =
Program services /
Total revenue
78%82%80%92%104%104%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
7%8%8%0%-11%-10%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
13%25%31%-1%-52%-33%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
7%4%6%4%4%3%
 
Investing ratiosSector median20212020201920182017
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.502.722.523.713.742.94
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.221.061.883.695.162.44
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.222.874.7413.7119.337.17
 
Liquidity ratiosSector median20212020201920182017
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.5916.818.973.524.2717.31
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.060.110.280.230.06
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.533.932.250.630.481.58
 
Solvency ratiosSector median20212020201920182017
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
11%6%32%30%27%19%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%17%22%23%17%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
52%35%27%19%19%28%

Financials

Balance sheet
 
Assets20212020201920182017
Cash$1,280,677$744,823$304,207$141,448$176,821
Receivables, inventories, prepaids$2,344$4,375$14,845$91,224$232,825
Short-term investments$0$0$0$0$289,907
Other current assets$0$0$0$0$0
Total current assets$1,283,021$749,198$319,052$232,672$699,553
Long-term investments$0$0$0$0$0
Fixed assets$8,625$571,200$695,845$805,602$999,142
Other long-term assets$63,164$88,160$163,882$163,187$7,335
Total long-term assets$71,789$659,360$859,727$968,789$1,006,477
Total assets$1,354,810$1,408,558$1,178,779$1,201,461$1,706,030
 
Liabilities20212020201920182017
Payables and accrued expenses$76,303$63,985$74,950$39,478$25,682
Other current liabilities$0$19,503$15,656$15,017$14,738
Total current liabilities$76,303$83,488$90,606$54,495$40,420
Debt$0$245,411$259,663$273,275$285,227
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$116,500$0$0$0
Total long-term liabilities$0$361,911$259,663$273,275$285,227
Total liabilities$76,303$445,399$350,269$327,770$325,647
 
Net assets20212020201920182017
Without donor restrictions$952,113$463,325$639,318$585,182$1,112,003
With donor restrictions$326,394$499,834$189,192$288,509$268,380
Net assets$1,278,507$963,159$828,510$873,691$1,380,383
 
Revenues and expenses
 
Revenue20212020201920182017
Total contributions$3,971,924$3,773,018$4,300,327$4,001,919$4,495,745
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$204$121$139$1,582$27,375
Other revenue$23,523$81,025$67,832$37,493$35,666
Total other revenue$23,727$81,146$67,971$39,075$63,041
Total revenue$3,995,651$3,854,164$4,368,298$4,040,994$4,558,786
 
Expenses20212020201920182017
Program services$3,279,006$3,071,554$4,031,212$4,199,557$4,757,182
Management and general$146,458$205,811$179,813$188,934$165,662
Fundraising$254,839$275,266$163,161$108,553$95,257
Total expenses$3,680,303$3,552,631$4,374,186$4,497,044$5,018,101
 
Change in net assets20212020201920182017
Surplus (deficit)$315,348$301,533($5,888)($456,050)($459,315)
Other changes in net assets$0($166,884)($39,293)($50,642)($11,532)
Total change in net assets$315,348$134,649($45,181)($506,692)($470,847)

Compensation

NameTitleCompensation
Robb AlpaughPresident/CEO$156,316

Compensation data as of: 6/30/2020


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 7/22/2022. To update the information below, please email: info@ministrywatch.com


History

Mercy Medical Angels was founded in 1972 when four men in Washington, D.C. began offering free transportation in a small airplane to medical care for those in need.

Over the years, your donations have made it possible for Mercy Medical Angels to expand, meet new needs and offer different modes of transportation to where it is now the nation's largest provider of charitable transportation for those in need.


Program accomplishments

Since 1972, we've provided more than 250,000 trips for patients who couldn't afford to travel to long-distance healthcare.


Needs

Help Patients Receive Critical Medical Care by providing free medical transportation to a specialist healthcare facility.