Canterbury Methodist Foundation

EIN: 581998029 501(c)(3)

Birmingham, AL

Total Revenue
$2,067,820
Total Expenses
$1,748,944
Total Assets
$13,708,198
Net Assets
$13,708,198
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
AL
Principal Officer
Hill Carmichael
Phone
2058741555
Tax Period
2025-01-01 to 2025-12-31

CANTERBURY METHODIST FOUNDATION, founded in 1991, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2018. Revenue fell 34% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $419K, a strong 24% operating margin.

Mission

Religious

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $1,368,072
Program Service Revenue $0
Investment Income $699,748
Other Revenue $0
TOTAL REVENUE $2,067,820

Expense Breakdown

Grants Paid $1,701,092
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,701,092
Other Expenses $47,852
TOTAL EXPENSES $1,748,944

Year-over-Year Comparison

2025 2024 Change
Revenue $2,067,820 $1,643,361 +0.3%
Expenses $1,748,944 $1,623,999 +0.1%
Net Income $318,876 $19,362 +15.5%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
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
0
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Scott Selman Leader 0.00
Director
$0 $0 $0
Alan Lott Co-Leader 0.00
Director
$0 $0 $0
Charles Smith Trustee Board Member 0.00
Director
$0 $0 $0
Andrew Brown Trustee Board Member 0.00
Director
$0 $0 $0
Martha Thompson Trustee Board Member 0.00
Director
$0 $0 $0
Martha Elliott Trustee Board Member 0.00
Director
$0 $0 $0
Lee Mallette Trustee Board Member 0.00
Director
$0 $0 $0
Suzanne Wright Trustee Board Member 0.00
Director
$0 $0 $0
Dan Bundy At Large Board Member 0.00
Director
$0 $0 $0
Janet Forbes At Large Board Member 0.00
Director
$0 $0 $0
Jeff Stone At Large Board Member 0.00
Director
$0 $0 $0
LaVone Warren At Large Board Member 0.00
Director
$0 $0 $0
Ralph Sorrell Church Council Leader 0.00
Director
$0 $0 $0
Jamie Dabal Lay Leader 0.00
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
2025 $2,067,820 $1,748,944 $13,708,198 $318,876
2024 $1,643,361 $1,623,999 $13,389,322 $19,362
2023 $4,869,591 $2,661,987 $13,369,960 $2,207,604
2022 $1,703,343 $1,520,253 $11,162,356 $183,090
2021 $2,411,032 $1,242,920 $10,979,267 $1,168,112
2020 $1,427,920 $1,162,837 $9,811,155 $265,083
2019 $1,388,270 $1,232,229 $9,546,072 $156,041
2018 $1,720,221 $1,301,242 $9,390,031 $418,979
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