UNITED METHODIST SENIOR SERVICES F… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

DON STEPHENS

Phone

2813632600

Tax Period

2023-01-01 to 2023-12-31

UNITED METHODIST SENIOR SERVICES FOUNDATION, founded in 2006, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.3M in total revenue in fiscal year 2023. Expenses of $1.6M exceeded revenue, resulting in a 26% operating deficit.

Mission

THE MRC FOUNDATION SUPPORTS MRC AND ITS AFFILIATES IN ACCOMPLISHING THEIR COMMITMENT TO QUALITY LIVING FOR SENIOR ADULTS IN FAITH-BASED ENVIRONMENTS.

Program Service Accomplishments

Program 1

Expenses: $1,525,408 Revenue: $0

THE FOUNDATION RECEIVED, INVESTED, AND ADMINISTERED GIFTS TO MRC AFFILIATES SO THE SUPPORTED ORGANIZATIONS COULD PROVIDE NURSING CARE ASSISTANCE TO ITS RESIDENTS.THE FOUNDATION ASSISTS BY FUNDRAISING FOR BENEVOLENT ASSISTANCE TO AID THOSE IN NEED WITHIN THE MRC SYSTEM, CAPITAL CAMPAIGNS FOR NEW REDEVELOPMENT AND REFURBISHMENT PROJECTS; AND A VARIETY OF PROGRAMS AND SERVICES OFFERED BY MRC AND ITS AFFILIATES TOWARD SUPPORTING THE DIGNITY, INDEPENDENCE AND QUALITY OF LIFE FOR THE SENIOR RESIDENTS BEING SERVED.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,152,446

Program Service Revenue $0

Investment Income $103,922

Other Revenue $0

TOTAL REVENUE $1,256,368

Expense Breakdown

Grants Paid $1,520,587

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,525,408

Other Expenses $57,389

TOTAL EXPENSES $1,577,976

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,256,368	$1,198,847	+0.0%
Expenses	$1,577,976	$1,457,727	+0.1%
Net Income	$-321,608	$-258,880	+0.2%

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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$891,975

Total Directors

$509,144

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MR ALAN BROWN	PRESIDENT AND CEO	0.00	Officer Director	$0	$38,745	$509,144
MR DON STEPHENS	CHIEF FINANCIAL OFFICER	2.00	Officer	$0	$27,827	$382,831
MS AMY THOMAS	VP & EXECUTIVE DIRECTOR	0.00	Highest	$0	$36,685	$224,249
MS JILL JANES	VP OF SALES & MARKETING	0.00	Highest	$0	$36,092	$222,374
MR MATTHEW CURRIE	VP & EXECUTIVE DIRECTOR	0.00	Highest	$0	$3,993	$205,037
MS DEBORAH NUGENT	EXECUTIVE DIRECTOR	0.00	Highest	$0	$11,645	$194,985
MS FRANCES BELTRAN	VP OF HUMAN RESOURCES	0.00	Highest	$0	$23,961	$190,398
MRS ALYCE ANNE BAGGETT	CHAIR	1.00	Officer Director	$0	$0	$0
REV PRESTON MORGAN	VICE CHAIR	1.00	Officer Director	$0	$0	$0
MR JIM BUNCH	DIRECTOR	1.00	Director	$0	$0	$0
MR DALE CONGER	DIRECTOR	1.00	Director	$0	$0	$0
REV KIP GILTS	DIRECTOR	1.00	Director	$0	$0	$0
MR WAYNE D HAGLUND	DIRECTOR	1.00	Director	$0	$0	$0
MR BILL KING	DIRECTOR	1.00	Director	$0	$0	$0
MR BILL KOERNER	DIRECTOR	1.00	Director	$0	$0	$0
REV ROMONICA MALONE-WARDLEY	DIRECTOR	1.00	Director	$0	$0	$0
REV ED SIMMONS	DIRECTOR	1.00	Director	$0	$0	$0
MR LARRY ST MARTIN	DIRECTOR (TERM END 6/23)	1.00	Director	$0	$0	$0
MR FRANKIE WATSON	DIRECTOR	1.00	Director	$0	$0	$0
REV BILLY T WILLIAMSON	DIRECTOR	1.00	Director	$0	$0	$0
MR THOMAS R WUSSOW	DIRECTOR (TERM END 6/23)	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
2024	No data	No data	No data	No data
2023	$1,256,368	$1,577,976	$4,297,480	$-321,608
2022	$1,198,847	$1,457,727	$4,423,220	$-258,880
2021	$1,440,319	$830,977	$5,282,065	$609,342
2020	$871,696	$660,996	$4,911,605	$210,700
2019	$1,017,868	$569,256	$4,535,953	$448,612
2018	$1,574,035	$670,925	$3,682,962	$903,110

UNITED METHODIST SENIOR SERVICES FOUNDATION