UNITED METHODIST FOUNDATION OF INDIANA INC

EIN: 237258100 501(c)(3) Religion

Fishers, IN

Total Revenue
$2,583,145
Total Expenses
$2,759,851
Total Assets
$108,357,248
Net Assets
$29,682,249
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1962
Legal Domicile
IN
Principal Officer
D Manet Shettle
Phone
3177887879
Tax Period
2025-01-01 to 2025-12-31

UNITED METHODIST FOUNDATION OF INDIANA INC, founded in 1962, is a community nonprofit in the Religion sector that reported $2.6M in total revenue in fiscal year 2025. Revenue surged 20% from the prior year, signaling strong growth momentum. Net assets of $29.7M represent 138 months of operating reserves.

Mission

Resourcing mission and ministry of United Methodist and other Weslyan-based churches in Indiana through stewardship development.

Program Service Accomplishments

Program 1
Expenses: $331,386 Revenue: $707,958

The first program is General Services. The Foundation serves United Methodist and other Wesleyan-based churches, agencies, and members in the following ways: It provides investment management...

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The first program is General Services. The Foundation serves United Methodist and other Wesleyan-based churches, agencies, and members in the following ways: It provides investment management services to local churches, agencies, and boards. It assists local churches in developing, promoting, and managing their endowment programs. It provides educational seminars on stewardship, planned giving, estate planning, capital campaigns, and related subjects. It provides administrative services for donors making deferred gifts to their church or a church related mission or ministry.

Program 2
Expenses: $1,259,316 Revenue: $4,518,201

The second program area is legacy grants. The Foundation acts as trustee and administers funds for the benefit of local churches and church related ministries and missions. It manages and administers...

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The second program area is legacy grants. The Foundation acts as trustee and administers funds for the benefit of local churches and church related ministries and missions. It manages and administers endowment funds of the Foundation and distributes earnings. It evaluates grant requests, selects qualified recipients, and makes disbursements to qualified recipients. In general it supports the church's evangelical and social service programs, aims, and purposes of the United Methodist denomination in Indiana.

Program 3
Expenses: $141,798 Revenue: $528,604

The third program is the Loan and Savings Ministry. The Loan and Savings Ministry provides funding to United Methodist and other Wesleyan-based churches and agencies in Indiana to purchase, build, or...

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The third program is the Loan and Savings Ministry. The Loan and Savings Ministry provides funding to United Methodist and other Wesleyan-based churches and agencies in Indiana to purchase, build, or repair projects related to their church buildings and parsonages.

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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 (2025)

Revenue Breakdown

Contributions & Grants $801,334
Program Service Revenue $1,250,444
Investment Income $514,351
Other Revenue $17,016
TOTAL REVENUE $2,583,145

Expense Breakdown

Grants Paid $1,259,316
Salaries & Benefits $1,064,116
Fundraising Expenses $4,694
Program Expenses $1,732,500
Other Expenses $436,419
TOTAL EXPENSES $2,759,851

Year-over-Year Comparison

2025 2024 Change
Revenue $2,583,145 $2,150,119 +0.2%
Expenses $2,759,851 $2,894,736 0.0%
Net Income $-176,706 $-744,617 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
18
Independent Members
18
Employees
10
Volunteers
38

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
5
$203,805
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
D Manet Shettle President 40
Officer
$166,083 $37,722 $203,805
Christopher Jacobs Controller 40
Highest
$107,756 $19,260 $127,016
Ed Armantrout Director 0.5
Director
$0 $0 $0
Megan Blaising Director 0.5
Director
$0 $0 $0
John Clay Director 0.5
Director
$0 $0 $0
Gretchen Colon Director 0.5
Director
$0 $0 $0
Curt Edmondson Director 0.5
Director
$0 $0 $0
Tara Hendrey Director 0.5
Director
$0 $0 $0
Corey Herrin Director 0.5
Director
$0 $0 $0
Lakisha Edwards Director 0.5
Director
$0 $0 $0
Kathy Parkison Director 0.5
Director
$0 $0 $0
Larry Price Director 0.5
Director
$0 $0 $0
Larna Spearman Director 0.5
Director
$0 $0 $0
Lee White Director 0.5
Director
$0 $0 $0
Larry Whitehead Director 0.5
Director
$0 $0 $0
George Wild Director 0.5
Director
$0 $0 $0
Jeff Lorentson Chair 1
Officer
$0 $0 $0
Shalimar Holderly Vice Chair 1
Officer
$0 $0 $0
Chris Lantz Director 1
Officer
$0 $0 $0
Karla Elliott Director 1
Officer
$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 $2,583,145 $2,759,851 $108,357,248 $-176,706
2024 $2,150,119 $2,894,736 $103,888,802 $-744,617
2023 $2,034,673 $2,601,672 $105,455,417 $-566,999
2022 $2,213,393 $2,693,582 $102,704,929 $-480,189
2021 $4,173,555 $2,754,163 $125,598,510 $1,419,392
2020 $7,383,043 $2,291,103 $121,505,731 $5,091,940
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