2018-02-05T16:23:54-06:00 2016-08-31 410746749 CLIFTONLARSONALLEN LLP 801 CHERRY STREET SUITE 1400 FORT WORTH TX 76102 990 2015-09-01 450536344 MERCY STREET MERC 2147304820 3801 HOLYSTONE STREET DALLAS TX 75212 WILLIAM T HILL III EXECUTIVE DIRECTOR 2147304820 2017-12-20 1 MICHAELA J CROMAR CPA P00895728 8178775000 2017-12-20 2015 2021-01-29 14:40:06Z X WILLIAM T HILL III 3801 HOLYSTONE STREET DALLAS TX 75212 3004257 0 X WWW.MERCYSTREETDALLAS.ORG X 2004 TX TO PROVIDE ONE-ON-ONE MENTORING PROGRAMS FOR GRADE-SCHOOL CHILDREN IN THE INNER CITY SCHOOLS OF WEST DALLAS AND TO PROVIDE AFTER SCHOOL ACTIVITIES THAT INCLUDE TAKS INSTRUCTION, SAT PREPARATION, ENRICHMENT ACTIVITIES AND TECHNOLOGY VOCATIONAL TRAINING. THE ORGANIZATION WORKS IN CONCERT WITH THE SCHOOLS TO ENRICH AND ENHANCE THEIR EXISTING IN-SCHOOL AND AFTER-SCHOOL PROGRAMS, REALIZING MANY OF THE CHILDREN HAVE ADDITIONAL EDUCATIONAL NEEDS. 8 6 33 1000 0 0 3164093 2952405 18645 26399 0 0 12521 25453 3195259 3004257 0 72952 0 0 1412694 1274287 0 0 285615 773766 880075 2186460 2227314 1008799 776943 2553354 12708318 247758 282543 2305596 12425775 X TO PROVIDE ONE-ON-ONE MENTORING PROGRAMS FOR GRADE-SCHOOL CHILDREN IN THE INNER CITY SCHOOLS OF WEST DALLAS AND TO PROVIDE AFTER SCHOOL ACTIVITIES THAT INCLUDE TAKS INSTRUCTION, SAT PREPARATION, ENRICHMENT ACTIVITIES AND TECHNOLOGY VOCATIONAL TRAINING. THE ORGANIZATION WORKS IN CONCERT WITH THE SCHOOLS TO ENRICH AND ENHANCE THEIR EXISTING IN-SCHOOL AND AFTER-SCHOOL PROGRAMS, REALIZING MANY OF THE CHILDREN HAVE ADDITIONAL EDUCATIONAL NEEDS. 0 0 614846 MENTORING:MERCY STREET'S MENTORING BUILDS HEALTHY, LONG-TERM RELATIONSHIPS WITH THE CHILDREN IN THE WEST DALLAS PUBLIC SCHOOLS WITH A GOAL OF RAISING LEADERS FROM WITHIN THE COMMUNITY WHO WILL LEAD POSITVE, PERMANENT CHANGES IN THEIR COMMUNITY. MERCY STREET'S MENTORING PROGRAM IS FOCUSED ON INSTILLING HOPE THROUGH ENCOURAGING, SUPPORTIVE RELATIONSHIPS. DURING THE YEAR ENDING AUGUST 31, 2016, 266 MENTORS FROM THE DALLAS AREA, PROVIDED SYSTEMATIC AND REGULAR MENTORING SUPPORT THROUGHOUT THE YEAR. SEVERAL HUNDRED OTHER VOLUNTEERS HAVE ASSISTED ON A PART TIME BASIS IN THE OTHER PROGRAMS OF THE MINISTRY- SPORTS PROGRAMS, COMMUNITY WIDE EVENTS, BIBLE STUDIES, AND OUR LEADERSHIP INSTITUTE. 395708 3176 LEADERSHIP DEVELOPMENT:THE LEADERSHIP INSTITUTE TRAINS HIGH SCHOOL AND COLLEGE AGED STUDENTS IN LEADERSHIP DEVELOPMENT THROUGH A SUMMER INTERNSHIP PROGRAM. THERE ARE 55 LEADERS IN IN TRAINING AS WELL AS 16 VOLUNTEERS. THEY SPEND AN AVERAGE OF 200 HOURS LEARNING DIFFERENT LEADERSHIP TRAITS. THEY INTERACT WITH AREA BUSINESS LEADERS TO LEARN BUSINESS DEVELOPMENT. THEY ALSO HAVE THE OPPORTUNITY TO LEARN DIFFERENT SKILLS, SPECIFICALLY IN OUR MICROBUSINESSES AND ELECTIVE CLASSES. 334388 23223 SPORTS:THE SPORTS PROGRAM INCLUDES A SPRING LITTLE LEAGUE BASEBALL LEAGUE, A SPRING SOFTBALL LEAGUE, A FALL AND SPRING SOCCER LEAGUE, A FALL CLAYTON KERSHAW BASEBALL CAMP AND MULTIPLE SUMMER FOOTBALL CAMPS. COACHES WORK WITH ATHLETES TO DEVELOP SKILL AND CHARACTER. WE HAD ABOUT 1500 CHILDREN TOTAL INVOLVED IN THESE PROGRAMS IN 2015-2016 WITH 200 COACHES. COACHES SPEND AN AVERAGE OF 5 HOURS EACH WEEK COACHING FOR AN AVERAGE OF 10 WEEKS. 72952 72952 OTHER:MERCY STREET SUPPORTS OTHER ACTIVITIES IN SUPPORT OF OUR MINISTRY TO THE MEMBERS OF THE COMMUNITY, THIS INCLUDES THE MERCY STREET CHURCH WHICH WORKS IN TANDEM WITH MERCY STREET. 72952 72952 1417894 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 33 1 0 0 0 0 0 0 0 0 0 0 X 8 6 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 X TREY HILL 2149051042 3801 HOLYSTONE ST DALLAS TX 75212 SCOTT ASTON CHAIRMAN/PRESIDENT 1.00 X X 0 0 0 STACY BURKE SECRETARY 1.00 X X 0 0 0 WILLIAM FARRELL TREASURER/DEVELOPMENT DIR. 40.00 X X 38694 0 0 ROBERT DOBRIENT DIRECTOR 1.00 X 0 0 0 NATE EUBANKS DIRECTOR 1.00 X 0 0 0 ERIN MITCHELL POPE DIRECTOR 1.00 X 0 0 0 MATT VANBEBER DIRECTOR 1.00 X 0 0 0 WILLIAM TREY HILL EXECUTIVE DIRECTOR 50.00 X X 110335 0 19708 149029 0 19708 1 0 0 0 0 151029 2801376 2952405 LITTLE LEAGUE 711210 23223 23223 BIKE SHOP 811000 3176 3176 26399 OTHER INCOME 611710 25453 25453 25453 3004257 26399 0 25453 72952 72952 157527 29708 69090 58729 837583 566840 201835 68908 19676 8212 10353 1111 162552 83215 57946 21391 96949 59139 26177 11633 102160 18259 80543 3358 58071 32092 18338 7641 35607 19678 11244 4685 MAINTENANCE 155178 118116 26161 10901 LITTLE LEAGUE EXPENSES 127059 127059 LEADERSHIP PROGRAM EXP 103791 103791 UTILITIES 75798 57085 13209 5504 222411 121748 8909 91754 2227314 1417894 523805 285615 1856492 1297675 480303 8973 28140 9343236 23658 8147 1962369 411552 664231 1550817 2553354 12708318 247758 282543 247758 282543 X 1785906 11235553 519690 1190222 2305596 12425775 2553354 12708318 776943 9343236 0 X 0 1 X 1 0 X 1324354 2432662 1997358 3164093 2952405 11870872 13007 17042 18645 26399 75093 9507477 9507477 1324354 2445669 2014400 3182738 12486281 21453442 31710 61392 45866 29165 30250 198383 305519 656217 340178 236329 346883 1885126 337229 717609 386044 265494 377133 2083509 19369933 1083 767 1850 1083 767 1850 1039 1824 12521 25453 40837 1324354 2447791 2016991 3195259 12511734 21496129 0.90110 0.80860 0.00010 0.00020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 519690 1650399 7326 972541 1190222 157654 1070943 708907 519690 25000 182984 50330 157654 440 75000 50440 25000 440 440 1.00000 0 0 358522 358522 1272679 185485 1087194 221819 173053 48766 109349 53014 56335 1550817 X 12538949 9534692 9534692 3004257 0 3004257 2418770 191456 191456 2227314 0 2227314 PART X, LINE 2: THE MINISTRY IS A NONPROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE MINISTRY FILES AS A TAX-EXEMPT ORGANIZATION. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE FINANCIAL STATEMENTS. TAXES ARE PAID ON NET INCOME EARNED FROM SOURCES UNRELATED TO THE EXEMPT PURPOSES. THERE WAS NO NET INCOME FROM UNRELATED BUSINESS FOR THE YEARS ENDED AUGUST 31, 2016 AND 2015. THE MINISTRY FOLLOWS FASB ASC NO. 740, INCOME TAXES, IN RECOGNIZING AND DISCLOSING UNCERTAIN TAX POSITIONS. THERE WAS NO LIABILITY FOR UNCERTAIN TAX POSITIONS AS OF AUGUST 31, 2016 AND 2015. PENALTIES AND INTEREST, IF ANY, ARE RECORDED IN MANAGEMENT AND GENERAL, MISCELLANEOUS EXPENSE. 1 MERCY STREET CHURCH 3801 HOLYSTONE STREET DALLAS TX 75212 501(C)(3) 72952 OPERATIONAL SUPPORT 1 PART I, LINE 2: GRANTS ARE PROVIDED TO THE MERCY STREET CHURCH, A SEPARATE EXEMPT ORGANIZATION, TO SUPPORT THEIR MISSION, WHICH ALIGNS CLOSELY WITH MERCY STREET'S. MANY OF THE CHURCH'S PROGRAMS ARE CONDUCTED IN TANDEM WITH MERCY STREET'S AND THE MEMBERS OF BOTH ORGANIZATIONS OVERLAP CONSIDERABLY. NO FURTHER MONITORING OF THE CHURCH'S USE OF THE FUNDS IS CONSIDERED NECESSARY. GRAY REED MCGRAW PC BOARD CHAIRMAN IS A SENIOR COUNSELOR OF THE LAW FIRM 31470 THE CHAIRMAN OF MERCY STREET'S BOARD OF DIRECTORS IS A SENIOR COUNSELOR IN GRAY REED & MCGRAW P.C. WHICH PROVIDED LEGAL SERVICES TO MERCY STREET DURING THE 2015-2016 FISCAL YEAR. HE PERSONALLY PROVIDED SUBSTANTIAL LEGAL SERVICES TO THE ORGANIZATION WITHOUT CHARGE. 0 FORM 990, PART VI, SECTION A, LINE 8B MERCY STREET DOES NOT HAVE ANY COMMITTEES AUTHORIZED TO ACT ON BEHALF OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 THE EXECUTIVE DIRECTOR IS PROVIDED A COPY OF THE FORM 990 THAT HAS BEEN PREPARED BY THE SAME INDEPENDENT CPA FIRM THAT COMPLETES AN AUDIT OF THE ORGANIZATION'S FINANCIAL STATEMENTS. THE EXECUTIVE DIRECTOR HAS BEEN GIVEN THE RESPONSIBILITY BY THE BOARD OF DIRECTORS TO REVIEW AND APPROVE THE RETURN BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MONITORS THEIR CONFLICT OF INTEREST POLICY FOR KEY EMPLOYEES, OFFIERS, AND DIRECTORS BY VERBALLY ADDRESSING THE ISSUE ON AN ANNUAL BASIS. IN ADDITION THE NATURE OF THE TRANSACTIONS AND THE NATURE OF THE MINISTRY LENDS ITSELF TO SELF-POLICING BY KEY EMPLOYEES. DIRECTORS AND OFFICERS ARE KEENLY AWARE OF THE POLICY REGARDING ANY POSSIBLE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS OF THE ORGANIZATION ARE AVAILABLE FOR PUBLIC REVIEW UPON REQUEST DURING NORMAL BUSINESS HOURS AT THE ORGANIZATION'S OFFICE. FORM 990, ITEM B: MERCY STREET IS AMENDING ITS 2015 FORM 990 TO INCLUDE ADJUSTMENTS MADE TO THE FINANCIAL STATEMENTS SUBSEQUENT TO THE COMPLETION OF THE ORGANIZATION'S AUDIT FOR THE FISCAL YEAR ENDING AUGUST 31, 2016. SIGNIFICANT CHANGES FROM THE ORIGINALLY FILED 2015 FORM 990 ARE SUMMARIZED BELOW: 1) $19,167 OF ADDITIONAL CONTRIBUTIONS AND THE RELATED ACCOUNTS RECEIVABLE ARE BEING RECOGNIZED ON FORM 990, PART VIII, LINE 1H AND PART X, LINE 4. RELATED ADJUSTMENTS TO SCHEDULE A, PART III AND SCHEDULE B, PART I, AND SCHEDULE D, PART XI ARE ALSO BEING REPORTED. 2) $17,303 OF ADDITIONAL OTHER INCOME AND THE RELATED INCREASE IN SAVINGS IS BEING RECOGNIZED ON FORM 990, PART VIII, LINE 11A AND PART X, LINE 2. RELATED ADJUSTMENTS TO SCHEDULE A, PART III AND SCHEDULE D, PART XI ARE ALSO BEING REPORTED. 3) $15,512 OF ADDITIONAL EXPENSES, $1,188 OF THOSE BEING GRANTS TO DOMESTIC ORGANIZATIONS, AND THE RELATED DECREASE IN PREPAID EXPENSES ARE BEING RECOGNIZED ON FORM 990, PART IX AND PART X, LINE 9. RELATED ADJUSTMENTS TO FORM 990, PART III, SCHEDULE D, PART XII AND SCHEDULE I, PART II ARE ALSO BEING REPORTED. 4) $9,343,236 OF NOTES RECEIVABLE ARE BEING INCLUDED ON FORM 990, PART X, LINE 7. THE NOTES RECEIVABLE REPRESENTS THE PRESENT VALUE OF THE ORGANIZATION'S IN-KIND 25 YEAR LEASE RECEIVABLE DONATED BY THE HOUSING AUTHORITY OF CITY OF DALLAS. TOTAL CONTRIBUTIONS AS A RESULT OF THE DONATED LEASE IS $9,507,477. RELATED ADJUSTMENTS TO FORM 990, PART XI, LINE 6, SCHEDULE A, PART III, AND SCHEDULE D, PART XI & PART XII ARE ALSO BEING REPORTED. 5) $9,364,194 OF ADDIONTAL UNRESTRICTED NET ASSETS ARE BEING REPORTED ON FORM 990, PART X, LINE 27 AND PART XI, LINE 10 AS A RESULT OF THE ADJUSTMENTS ABOVE. 6) LINES 11F & 12A ON FORM 990, PART IV HAVE BEEN CHECKED YES TO INDICATE THE ORGANIZATION'S OBTAINMENT OF SEPARATE, INDEPENTLY AUDITED FINANCIAL STATEMENTS FOR THE TAX YEAR WHICH INCLUDED A FOOTNOTE ADDRESSING LIABILITIES FOR UNCERTAIN TAX POSITIONS UNDER FIN 48. AS A RESULT, PARTS XI & XII OF SCHEDULE D HAVE BEEN COMPLETED.