The imagery of the shared eye implies an equivalence between fallen man and the Savior. The motto "merciful like the Father" implies that God's mercy emanates only from the Father (which corresponds to the "Fatherhood of God, brotherhood of man" and denial of Christ's Divinity ideology).
"Grace be with you, mercy, and peace from God the Father, and from Christ Jesus the Son of the Father; in truth and charity". (2 John 1:3)
I also agree with ebb tide regarding the homo-esque quality of the logo.
I agree with the homo-esque, blasphemous quality of the logo as well. Pretty sure the homosexuals recognize it too.