First United Methodist Foundation of Marion (EIN 570992280) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Principal Officer

James C Taylor

Phone

8434230931

Tax Period

2023-01-01 to 2023-12-31

First United Methodist Foundation of Marion, founded in 1994, is a micro nonprofit in the Religion sector that reported $27K in total revenue in fiscal year 2023. Revenue fell 61% from the prior year — a significant decline worth monitoring. Expenses of $44K exceeded revenue, resulting in a 63% operating deficit.

Mission

Mission shall be to receive, hold, manage, and invest and to acquire by gifts, devises, bequests, purchases or otherwise funds and properties to be used exclusively for the benefit of First United Methodist Church of Marion, SC.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $7,631

Program Service Revenue $0

Investment Income $19,233

Other Revenue $0

TOTAL REVENUE $26,864

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $28,768

Other Expenses $43,750

TOTAL EXPENSES $43,750

Year-over-Year Comparison

	2023	2022	Change
Revenue	$26,864	$68,689	-0.6%
Expenses	$43,750	$49,845	-0.1%
Net Income	$-16,886	$18,844	-1.9%

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

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
James C Taylor	Chairman	1.00	Officer Director	$0	$0	$0
ROY WHITE	Trustee	0.00	Director	$0	$0	$0
LYNN MCELVEEN	Trustee	0.00	Director	$0	$0	$0
MARION BOYD EDWARDS	Trustee	0.00	Director	$0	$0	$0
Byron Beck	Trustee	1.00	Director	$0	$0	$0
BURTON OTT	Pastor	1.00	Director	$0	$0	$0
Ralph Atkinson	Treasurer	1.00	Officer 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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$26,864	$43,750	$1,371,704	$-16,886
2022	$68,689	$49,845	$1,266,423	$18,844
2021	$166,223	$38,108	$1,509,145	$128,115
2020	$53,924	$38,014	$1,433,168	$15,910
2019	$46,453	$30,863	$1,285,877	$15,590
2018	$55,579	$27,139	$1,119,525	$28,440

First United Methodist Foundation of Marion