MOUNT VERNON UMC FOUNDATION (EIN 521384053) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

MELISSA HERKE

Phone

4347936824

Tax Period

2024-01-01 to 2024-12-31

MOUNT VERNON UMC FOUNDATION, founded in 1995, is a micro nonprofit that reported $26K in total revenue in fiscal year 2018. Revenue fell 55% from the prior year — a significant decline worth monitoring. Expenses of $57K exceeded revenue, resulting in a 123% operating deficit.

Mission

TO ASSIST IN MEETING THE CHARITABLE AND RELIGIOUS NEEDS OF THE GREATER DANVILLE AREA OR CHARITIES OF THE UNITED METHODIST CHURCH.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $605

Program Service Revenue $0

Investment Income $50,499

Other Revenue $29

TOTAL REVENUE $51,133

Expense Breakdown

Grants Paid $34,805

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $34,805

Other Expenses $20,423

TOTAL EXPENSES $55,228

Year-over-Year Comparison

	2024	2023	Change
Revenue	$51,133	$19,923	+1.6%
Expenses	$55,228	$43,316	+0.3%
Net Income	$-4,095	$-23,393	-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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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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MELISSA HERKE	PRESIDENT	2.00	Officer Director	$0	$0	$0
JOHN WILT	SECRETARY/TREASURER	2.00	Officer Director	$0	$0	$0
STEVEN DANIEL	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
ELIZABETH LEGGETT	DIRECTOR	1.00	Officer	$0	$0	$0
SHELLY BARBER	DIRECTOR	1.00	Officer	$0	$0	$0
GUILIANA SILVA	DIRECTOR	1.00	Officer	$0	$0	$0
PENNY RESNAKE	PASTOR, DIRECTOR	1.00	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
2024	$51,133	$55,228	$1,120,919	$-4,095
2023	$19,923	$43,316	$1,125,014	$-23,393
2022	$49,550	$40,910	$1,148,407	$8,640
2021	$64,492	$48,191	$1,139,767	$16,301
2020	$-6,362	$46,861	$1,308,577	$-53,223
2019	$76,207	$71,786	$1,274,949	$4,421
2018	$25,653	$57,199	$1,168,249	$-31,546

MOUNT VERNON UMC FOUNDATION