| FORM 990, PART VI, SECTION A, LINE 7A |
MEMBER WHO MAY ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY: THE BOARD OF DIRECTORS OF MERCY SHIPS INTERNATIONAL, A TEXAS NONPROFIT CORPORATION SHALL APPOINT DIRECTORS FROM AMONG NOMINEES BY A VOICE VOTE OR WRITTEN BALLOT. |
| FORM 990, PART VI, SECTION B, LINE 11B |
PROCESS TO REVIEW THE FORM 990: THE ORGANIZATION'S FORM 990 WAS PREPARED BY AN INDEPENDENT CPA FIRM AND REVIEWED IN DETAIL BY THE CHIEF FINANCIAL OFFICER AND TREASURER. THE 990 WAS THEN PROVIDED ELECTRONICALLY TO ALL MEMBERS OF THE BOARD FOR THEIR REVIEW AND COMMENT. BOARD MEMBERS WERE THEN GIVEN AT LEAST ONE WEEK TO REVIEW THE FORM 990 AND SEND COMMENTS TO THE CHIEF FINANCIAL OFFICER. AFTER ALL COMMENTS AND QUESTIONS WERE ADDRESSED, THE 990 WAS FILED WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C |
PROCESS TO MONITOR TRANSACTIONS FOR CONFLICTS OF INTEREST: BOARD MEMBERS AND SENIOR STAFF INCLUDING OFFICERS ARE REQUIRED TO COMPLETE A CONFLICTS OF INTEREST QUESTIONNAIRE ON AN ANNUAL BASIS. DISCLOSURES ARE REQUIRED TO BE UPDATED WITH POTENTIAL CONFLICTS AS THEY BECOME KNOWN THROUGHOUT THE YEAR. THE SIGNED QUESTIONNAIRES ARE REVIEWED BY THE AUDIT AND FINANCE COMMITTEE. IF A CONFLICT IS IDENTIFID BY MANAGEMENT OR BY THE BOARD, THE PERSON WITH A CONFLICT RECUSES THEMSELVES FROM THE DECISION-MAKING PROCESS, AND THE BOARD VOTES ON WHETHER OR NOT TO ENGAGE IN THE TRANSACTION, BASED ON WHETHER IT IS IN THE BEST INTERESTS OF MERCY SHIPS. |
| FORM 990, PART VI, SECTION B, LINE 15A |
PROCESS FOR DETERMINING COMPENSATION OF EXECUTIVE DIRECTORS OR TOP MANAGEMENT: THE MERCY SHIPS BOARD OF DIRECTORS ESTABLISHES THE COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT. A COMPENSATION COMMITTEE COMPRISED OF INDEPENDENT TOP MANAGEMENT PERSONNEL REVIEWS AND APPROVES ALL OTHER COMPENSATION. COMPARABILITY DATA IS USED ANNUALLY AND THE DECISIONS REACHED ARE DOCUMENTED IN BOTH THE MINUTES OF THE BOARD AND COMMITTEE AND INDIVIDUAL PERSONNEL FILES. |
| FORM 990, PART VI, SECTION B, LINE 15B |
PROCESS TO REVIEW COMPENSATION FOR KEY EMPLOYEES: HR AND VP'S ESTABLISHED THE COMPENSATION AND IT WAS REVIEWED BY THE CEO. |
| FORM 990, PART VI, SECTION C, LINE 19 |
AVAILABILITY OF DOCUMENTS: MERCY SHIPS MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION AT THE INTERNATIONAL SUPPORT CENTER IN LINDALE, TEXAS DURING REGULAR BUSINESS HOURS. DOCUMENTS ARE ALSO MADE AVAILABLE UPON WRITTEN REQUEST. |
| FORM 990, PART XI, LINE 9 |
CHANGES IN NET ASSETS: LOSS ON FOREIGN CURRENCY TRANSLATION (745,126) Direct Fundraising Expenses 164,737 Other Reconciling Items 3,296,126 ------------- Total 2,715,737 |
| FORM 990, GENERAL |
The most complete picture of Mercy Ships global operations is contained in the consolidated audited financial statements of Mercy Ships and its affiliates. The consolidated audited financial statements are available in their entirety on the Mercy Ships website at https://www.mercyships.org/wp content/uploads/ 2023/07/MS-Consolidated-and-Combined-22-FS-Final.pdf. As a party interested in the activities of Mercy Ships, we encourage you to visit our website and review the consolidated audited financial statements. |
| FORM 990 PART IX LINE 11G |
DESCRIPTION:CONSULTING TOTAL FEES:272485 |
| FORM 990 PART IX LINE 11G |
DESCRIPTION:CONTRACT SERVICES TOTAL FEES:18589646 |
| FORM 990 PART IX LINE 11G |
DESCRIPTION:DAY WORKER TOTAL FEES:560435 |
Attach to Form 990 or 990-EZ.