WORLD METHODIST EVANGELISM INC

EIN: 455386246 501(c)(3) Religion

MEMPHIS, TN

Total Revenue
$722,734
Total Expenses
$848,692
Total Assets
$768,838
Net Assets
$748,711
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
TN
Principal Officer
REV DR SHANE STANFORD
Phone
7654913477
Tax Period
2024-01-01 to 2024-12-31

WORLD METHODIST EVANGELISM INC, founded in 2012, is a small nonprofit in the Religion sector that reported $723K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Expenses of $849K exceeded revenue, resulting in a 17% operating deficit.

Mission

CONNECTS, EQUIPS, AND ENCOURAGES NETWORKS OF CHRISTIAN LEADERS TO BUILD FAITH-SHARING MOVEMENTS AROUND THE WORLD.

Program Service Accomplishments

Program 1
Expenses: $723,978 Revenue: $188,518

ENCOURAGING EVANGELISM MINISTRY IN EVERY LAND AND NETWORKING WITH CHURCHES IN THE METHODIST/WESLEYAN TRADITION AROUND THE WORLD FOR THE PURPOSE OF SPREADING THE GOSPEL OF THE LORD JESUS CHRIST...

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ENCOURAGING EVANGELISM MINISTRY IN EVERY LAND AND NETWORKING WITH CHURCHES IN THE METHODIST/WESLEYAN TRADITION AROUND THE WORLD FOR THE PURPOSE OF SPREADING THE GOSPEL OF THE LORD JESUS CHRIST THROUGHOUT THE WORLD SO THAT MORE AND MORE PERSONS WILL COME TO SAVING, TRANSFORMING FAITH IN JESUS CHRIST AND LIVE AS FAITHFUL DISCIPLES OF JESUS CHRIST IN THE REIGN OF GOD.

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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 $534,095
Program Service Revenue $188,518
Investment Income $13
Other Revenue $108
TOTAL REVENUE $722,734

Expense Breakdown

Grants Paid $105,705
Salaries & Benefits $481,554
Fundraising Expenses $58,572
Program Expenses $723,978
Other Expenses $261,433
TOTAL EXPENSES $848,692

Year-over-Year Comparison

2024 2023 Change
Revenue $722,734 $828,232 -0.1%
Expenses $848,692 $669,950 +0.3%
Net Income $-125,958 $158,282 -1.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
5
Volunteers
15

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
$125,000
Total Directors
13
$125,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KIM REISMAN EXECUTIVE DI 40.00
Officer Director
$125,000 $0 $125,000
REV DR SHANE STANFORD PRESIDENT 1.00
Officer Director
$0 $0 $0
BISHOP ROBERT E FANNIN VICE PRESIDE 1.00
Officer Director
$0 $0 $0
BISHOP DARRYL STARNES TREASURER 1.00
Officer Director
$0 $0 $0
BISHOP SUNDAY ONUOHA BOARD MEMBER 1.00
Officer Director
$0 $0 $0
BISHOP IVAN ABRAHAMS DIRECTOR 1.00
Director
$0 $0 $0
BISHOP PAULO T LOCKMANN DIRECTOR 1.00
Director
$0 $0 $0
DR JC PARK DIRECTOR 1.00
Director
$0 $0 $0
BISHOP DEBRA WALLACE-PADGETT DIRECTOR 1.00
Director
$0 $0 $0
DR LEON MOORE DIRECTOR 1.00
Director
$0 $0 $0
BISHOP ANNE HENNING BYFIELD DIRECTOR 1.00
Director
$0 $0 $0
JOE DAN ROGERS DIRECTOR 1.00
Director
$0 $0 $0
REV CHRIS MONTGOMERY DIRECTOR 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 $722,734 $848,692 $768,838 $-125,958
2023 $828,232 $669,950 $873,205 $158,282
2022 $718,804 $773,850 $679,613 $-55,046
2021 $1,036,895 $993,231 $794,285 $43,664
2020 $687,652 $661,245 $746,705 $26,407
2019 $585,981 $776,577 $692,638 $-190,596
2018 $491,973 $737,298 $935,938 $-245,325
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