Methodist Home for Children Foundation

EIN: 562259577 501(c)(3) Philanthropy & Grantmaking

Raleigh, NC

Total Revenue
$3,112,434
Total Expenses
$1,303,800
Total Assets
$28,109,021
Net Assets
$28,102,146
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
NC
Principal Officer
Jessica Lang
Phone
9198332834
Tax Period
2024-07-01 to 2025-06-30

Methodist Home for Children Foundation, founded in 2001, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $3.1M in total revenue in fiscal year 2024. Revenue surged 112% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.8M, a strong 58% operating margin.

Mission

Supporting organization for the benefit of The Methodist Home for Children, Inc.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,067,857
Program Service Revenue $0
Investment Income $2,044,577
Other Revenue $0
TOTAL REVENUE $3,112,434

Expense Breakdown

Grants Paid $1,112,768
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,112,768
Other Expenses $191,032
TOTAL EXPENSES $1,303,800

Year-over-Year Comparison

2024 2023 Change
Revenue $3,112,434 $1,468,746 +1.1%
Expenses $1,303,800 $1,099,901 +0.2%
Net Income $1,808,634 $368,845 +3.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
10
Independent Members
9
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
8
$38,721
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Paul Thomas Treasurer 1.00
Officer Director
$0 $0 $0
Arthur Guy Board Member 1.00
Director
$0 $0 $0
Rick Woods Board Member 1.00
Director
$0 $0 $0
Katherine Edmiston Chair 1.00
Officer Director
$0 $0 $0
Cady Thomas Vice Chair 1.00
Officer Director
$0 $0 $0
Katie Clayton Secretary 1.00
Officer Director
$0 $0 $0
Linda Coleman Member at Large 1.00
Officer Director
$0 $0 $0
John Gripman Board Member 1.00
Director
$0 $0 $0
Kent Locklear Vice Chair 1.00
Officer Director
$0 $0 $0
Rev Ben Williams President/CEO (from August '25 - fiscal year) 1.00
Officer Director
$0 $0 $0
Jessica Lang VP Finance/CFO (from October '24) 1.00
Officer
$0 $0 $38,721
Rev Bruce Stanley President/CEO (through June '25) 1.00
$0 $29,686 $215,767
Peter M Williams VP Finance/CFO (through December '24) 1.00
$0 $11,752 $191,872
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 $3,112,434 $1,303,800 $28,109,021 $1,808,634
2024 $1,468,746 $1,099,901 $25,757,757 $368,845
2023 $1,426,860 $1,164,167 $23,663,033 $262,693
2022 $2,450,093 $670,032 $21,761,285 $1,780,061
2021 $1,872,595 $1,583,076 $24,322,513 $289,519
2020 $574,398 $464,695 $20,599,751 $109,703
2019 $1,253,088 $1,082,433 $20,262,874 $170,655
2019 $1,253,088 $1,082,433 $20,262,874 $170,655
2018 $2,518,055 $3,395,996 $20,337,842 $-877,941
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Methodist Home for Children Foundation with other nonprofits in North Carolina and across the country.