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Mercy Medical Airlift

Rating
Sector:

Relief and Development

Total
Revenue:

$2,282,523

Total
Expenses:

$3,393,953

Net
Assets:

$2,159,909
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Profile Contents

Research Analysis
Financial Information

Ministry Pie Chart

Database Avg This Ministry
Program 83.7% 142.4%
General & Admin 12.6% 3.5%
Fundraising 6.8% 1%
Savings -4.3% -48.6%


Ministry Pie Chart

Ministry Pie Chart

Age Size Box:

>50
Yr(s)25-50
<25
<$1m$1m-
$5m
>$5m

Summary

MERCY MEDICAL AIRLIFT ("MMA") is dedicated to serving people in situations of compelling human need through the provision of charitable air transportation. MMA's mission is to facilitate a charitable means of long distance medical air transport for all medically indigent, low-income and financially vulnerable patients in our society thereby ensuring equal access to distant specialized medical treatment or to appropriate facilities and settings for continuing care. Some of the programs of MMA include: National Patient Air Transport HELPLINE, Angel Flight Regional and State Programs, Airline Charitable Ticket Program, Special-Lift and Child-Lift Programs, National and Government relations support for Angel Flight America and Homeland Security Emergency Transportation System Development.

Contributions to MMA are fully tax deductible to the extent allowed by law. The organization is a member of the Evangelical Council for Financial Accountability (ECFA).

Contact Information: [ Back to top ]

Mailing Address:4620 Haygood Road, Ste. 1
Virginia Beach, VA
23455-3455
Website: www.mercymedical.org
Phone:(757) 318-9174
Email:You need to enable javascript to see the email

Organization Details [ Back to top ]

EIN: 521374161
CEO/President: Mr. Edward Boyer Tax Deductible: Yes
Chairman: Mr. Norman E. Johnson Fiscal Year End: June 30
Board Size: 13 Financial info from: Audit
Founder: Mr. Edward Boyer Member of ECFA: Yes
Year Founded: 1984 Member of ECFA since: 1987

Purpose [ Back to top ]

MERCY MEDICAL AIRLIFT ("MMA") is dedicated to serving people in situations of compelling human need through the provision of charitable air transportation. MMA's mission is to facilitate a charitable means of long distance medical air transport for all medically indigent, low-income and financially vulnerable patients in our society thereby ensuring equal access to distant specialized medical treatment or to appropriate facilities and settings for continuing care. National Patient Air Transport Helpline - NPATH is the nation's only single source of referral information on the full spectrum of charitable long-distance air medical transport options. MMA offers this 24-hour nationwide hotline as a service in support of the National Charitable Air Transportation System. Angel Flight Program - MMA operates a free, long-distance, ambulatory outpatient transport service for individuals in medical and financial crisis. Angel Flight volunteer pilots link with other pilots nationally -- together flying thousands of needy patients each year. Airline Charitable Ticket Program Development - MMA encourages and assists commercial airlines in the development of charitable ticket programs nationally. Special-Lift Programs -MMA manages and coordinates large-scale charitable air medical transportation programs for individuals, often children, who need access to medical research centers and disease-specific treatment programs. General Aviation Charitable Program Development - MMA provides administrative and program management services for Air Care Alliance, the nationwide league of volunteer pilot organizations flying for public benefit.

This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).

Mission Statement [ Back to top ]

Mercy Medical Airlift uses the following to express its mission:

MMA's mission is to facilitate a charitable means of long distance medical air transport for all medically indigent, low-income and financially vulnerable patients in our society thereby ensuring equal access to distant specialized medical treatment or to appropriate facilities and settings for continuing care.

Program Accomplishments [ Back to top ]

Need Program Accomoplishments info

Statement of Faith [ Back to top ]

This profile needs a statement of faith

History [ Back to top ]

Mercy Medical Airlift was founded in 1985 by Edward Boyer to facilitate a charitable means of long distance medical air transport for low-income and spent down patients, insuring equal access to specialized treatment.

Ministry Needs [ Back to top ]

MMA is totally supported through charitable giving and the services of volunteer pilots and office assistants.

Research Analysis

Transparency Grade [ Back to top ]

Transparency Grade of : A
Criteria categoryGradeOther Comments
Timeliness:100
Financial Information:100
Foundational Clarity:10012/2/2010 8:05:13 PM: Descriptive information was abundant and thorough.
Level of Cooperation:100Proactive in sending information.
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MinistryWatch.com 5 Star Financial Efficiency Ratings [ Back to top ]

Ranking CategoryRatingOverall RankRelief and Development Sector
Overall Efficiency RatingStarStarStarStarStar26 of 348    11 of 52
Fund Acquisition DecisionStarStarStarStarStar26 of 348      11 of 52
Resource Allocation Decision of 348      29 of 52
Asset Utilization Decision of 348      29 of 52
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Ministry Statement or Response [ Back to top ]

This organization has not offered MinistryWatch.com with an official statement or response for their profile. This area is meant as a mechanism for the profiled ministry to communicate anything they may choose. It is open ended as to the topic, issues, facts or news to address. It is not negative if there is no official statement as many don’t have anything to add than what is already on the profile. This section is not tied to transparency or to communication in general. Many very open and talkative ministries with us choose not to post an official statement. This section is just an open ended offering to the profiled ministry for anything extra to say as they may choose.

Financial Information:

Financial Ratios[ Back to top ]

Funding RatiosDatabase Average20092008200720062005
Return on FR Efforts10%1%1%2%3%0%
Fundraising Cost Ratio7%1%1%1%2%0%
Contributions Reliance83%99%85%96%98%0%
Fundraising Expense Ratio7%1%1%3%3%0%
Other Revenue Reliance17%1%15%4%2%0%
Operating RatiosDatabase Average20092008200720062005
Program Expense Ratio80%96%97%94%94%0%
Spending Ratio104%149%118%51%88%0%
Program Output Ratio84%142%114%48%83%0%
Savings Ratio-4%-49%-18%49%12%0%
Reserve Accumulation Rate4%-51%-16%66%19%0%
General & Admin Ratio13%4%3%3%3%0%
Investing RatiosDatabase Average20092008200720062005
Total Asset Turnover2.85x1.26x.93x.67x1.35x0x
Degree of L-T Investment3.06x1.47x1.32x1.41x1.18x0x
Current Asset Turnover5.43x1.85x1.23x.95x1.6x0x
Age of Assets10.5yr(s)0.0yr(s)0.0yr(s)0.0yr(s)0.0yr(s)0.0yr(s)
Liquidity RatiosDatabase Average20092008200720062005
Current Ratio3276.63x10.55x17.36x23.53x21.55x0x
Current Liabilities Ratio.38x.09x.06x.04x.05x0x
Liquid Reserve Level4.95x5.88x9.18x12.16x7.16x0x
Solvency RatiosDatabase Average20092008200720062005
Liabilities Ratio.3x.2x.12x.03x.04x0x
Debt Ratio.07x.13x.08x0x0x0x
Reserve Coverage Ratio81%64%94%145%71%0%

Financials[ Back to top ]

Balance Sheet
Assets20092008200720062005
Cash$692,822$893,253$851,117$306,261$176,808
Receivables, Inventories & Prepaids$977,212$1,725,676$1,739,944$648,860$627,644
Short-Term Investments$0$0$18,711$116,104$116,104
Other Current Assets$168,156$210,514$176,695$153,405$65,367
Total Current Assets$1,838,190$2,829,443$2,786,467$1,224,630$985,923
Long-Term Investments$0$0$0$0$0
Fixed Assets$859,621$906,173$222,851$222,934$193,380
Other Long-Term Assets$0$0$916,307$0$0
Total Long-Term Assets$859,621$906,173$1,139,158$222,934$193,380
TOTAL ASSETS$2,697,811$3,735,616$3,925,625$1,447,564$1,179,303
Liabilities20092008200720062005
Payables & Accrued Expenses$167,253$141,666$118,419$56,835$48,202
Other Current Liabilities$6,926$21,342$0$0$0
Total Current Liabilities$174,179$163,008$118,419$56,835$48,202
Debt$363,723$301,269$0$0$0
Due To (From) Affiliates$0$0$0$0$0
Other Long-Term Liabilities$0$0$0$0$0
Total Long-Term Liabilities$363,723$301,269$0$0$0
TOTAL LIABILITIES$537,902$464,277$118,419$56,835$48,202
Assets20092008200720062005
Unrestricted$617,625$949,940$555,518$772,151$466,675
Temporarily Restricted$1,542,284$2,321,399$3,251,688$618,578$664,426
Permanently Restricted$0$0$0$0$0
NET ASSETS$2,159,909$3,271,339$3,807,206$1,390,729$1,131,101
Revenue and Expenses
Revenue20092008200720062005
Total Contributions$2,252,473$2,518,769$4,935,117$2,181,883$1,601,052
Program Service Revenue$47,565$30,930$132,528$0$0
Membership Dues$0$0$0$0$0
Investment Income($34,673)$369,261$40,188$8,742$5,053
Other Revenue$17,158$30,834$48,526$26,643$7,325
Total Other Revenue$30,050$431,025$221,242$35,385$12,378
TOTAL REVENUE$2,282,523$2,949,794$5,156,359$2,217,268$1,613,430
Expenses20092008200720062005
Program Services$3,251,080$3,371,775$2,472,209$1,834,445$1,482,522
Management & General$119,586$90,236$84,705$67,919$25,951
Fundraising$23,287$23,690$77,052$55,276$52,571
TOTAL EXPENSES$3,393,953$3,485,701$2,633,966$1,957,640$1,561,044
Change in Net Assets20092008200720062005
SURPLUS (DEFICIT)($1,111,430)($535,907)$2,522,393$259,628$52,386
Other Changes in Net Assets$0$0($105,916)$0$0
TOTAL CHANGE IN NET ASSETS($1,111,430)($535,907)$2,416,477$259,628$52,386