MARY TAYLOR MEMORIAL UNITED METHODIST CHURCH FOUNDATION INC

EIN: 061054561 Religion

MILFORD, CT

Total Revenue
$192,964
Total Expenses
$195,000
Total Assets
$228,422
Net Assets
$228,422
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
CT
Principal Officer
LEE LITTRELL
Phone
2038741982
Tax Period
2024-01-01 to 2024-12-31

MARY TAYLOR MEMORIAL UNITED METHODIST CHURCH FOUNDATION INC, founded in 1981, is a small nonprofit in the Religion sector that reported $193K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

THE ORGANIZATION'S SOLE PURPOSE IS HOLDING TITLE TO REAL ESTATE LOCATED AT 190 BROAD STREET, MILFORD, CT, AS WELL AS SOME PROPERTY MANAGEMENT RESPONSIBILITIES. THE ORGANIZATION COLLECTS THE INCOME FROM THAT REAL ESTATE, AND TURNS THAT INCOME LESS EXPENSES OVER TO MARY TAYLOR MEMORIAL UNITED METHODIST CHURCH.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $7
Other Revenue $192,957
TOTAL REVENUE $192,964

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $195,000
Other Expenses $195,000
TOTAL EXPENSES $195,000

Year-over-Year Comparison

2024 2023 Change
Revenue $192,964 $168,110 +0.1%
Expenses $195,000 $195,000 N/A
Net Income $-2,036 $-26,890 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
9

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LEE LITTRELL PRESIDENT 1.00
Officer Director
$0 $0 $0
CHRISTINE T HACKETT TREASURER 1.00
Officer Director
$0 $0 $0
NANCY B BENNETT SECRETARY 1.00
Officer Director
$0 $0 $0
TOM BEYER VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JIM PAGE BOARD MEMBER 1.00
Director
$0 $0 $0
RICH PERRAGUAX BOARD MEMBER 1.00
Director
$0 $0 $0
JEFF BROCKETT BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTOPHER PATON BOARD MEMBER 1.00
Director
$0 $0 $0
PASTOR ROY GRUBBS BOARD MEMBER 1.00
Director
$0 $0 $0
DAVE DOYLE BOARD MEMBER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $192,964 $195,000 $228,422 $-2,036
2023 $168,110 $195,000 $230,458 $-26,890
2022 $225,109 $206,004 $257,348 $19,105
2021 $216,811 $200,004 $238,243 $16,807
2020 $226,422 $196,200 $221,436 $30,222
2019 $196,114 $196,000 $191,214 $114
2018 $196,172 $190,000 $191,100 $6,172
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