FLORIDA UNITED METHODIST FOUNDATION INC (EIN 591148710) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1966

Legal Domicile

Principal Officer

EDWARD NEW

Phone

8639042970

Tax Period

2024-01-01 to 2024-12-31

FLORIDA UNITED METHODIST FOUNDATION INC, founded in 1966, is a community nonprofit in the Religion sector that reported $9.5M in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $8.9M left a modest 6% surplus.

Mission

TO STRENGTHEN MINISTRIES OF UNITED METHODIST CHURCHES AND AGENCIES BY PROMOTING CHRISTIAN STEWARDSHIP THROUGH EDUCATION, CONSULTING, DEVELOPMENT AND FINANCIAL SERVICES.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $86,898

Program Service Revenue $7,813,772

Investment Income $1,583,310

Other Revenue $633

TOTAL REVENUE $9,484,613

Expense Breakdown

Grants Paid $82,900

Salaries & Benefits $1,686,640

Fundraising Expenses $0

Program Expenses $8,342,043

Other Expenses $7,113,040

TOTAL EXPENSES $8,882,580

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,484,613	$7,244,417	+0.3%
Expenses	$8,882,580	$7,135,033	+0.2%
Net Income	$602,033	$109,384	+4.5%

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

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

Volunteers

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

$760,858

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RON COLEMAN	CHAIRPERSON	4.30	Officer Director	$0	$0	$0
BRUCE FORD	VICE CHAIRPERSON - AS OF 7/24	4.30	Officer Director	$0	$0	$0
STEPHEN BELL	VICE CHAIRPERSON - THRU 6/24	4.30	Officer Director	$0	$0	$0
REV SHERYL MARKS-WILLIAMS	SECRETARY	4.30	Officer Director	$0	$0	$0
REV ROBERT BLEDSOE	BOARD MEMBER	4.30	Director	$0	$0	$0
AMANDA BLOUNT	BOARD MEMBER - AS OF 6/24	4.30	Director	$0	$0	$0
KIM CLARKE	BOARD MEMBER	4.30	Director	$0	$0	$0
BILL FRYE	BOARD MEMBER	4.30	Director	$0	$0	$0
LARRY HANNAH	BOARD MEMBER	4.30	Director	$0	$0	$0
JERRY HARALSON	BOARD MEMBER	4.30	Director	$0	$0	$0
EMMA HARMON	BOARD MEMBER	4.30	Director	$0	$0	$0
JOSEPH HURT	BOARD MEMBER	4.30	Director	$0	$0	$0
PHYLLIS KLOCK	BOARD MEMBER	4.30	Director	$0	$0	$0
RICHARD NUSSEL	BOARD MEMBER	4.30	Director	$0	$0	$0
JAMES PREVITE	BOARD MEMBER - AS OF 6/24	4.30	Director	$0	$0	$0
FELIX RIVERA	BOARD MEMBER - THRU 9/24	4.30	Director	$0	$0	$0
BEN SIMMONS	BOARD MEMBER	4.30	Director	$0	$0	$0
CESAR VILLAFANA	BOARD MEMBER	4.30	Director	$0	$0	$0
DENNIS VLASSIS	BOARD MEMBER	4.30	Director	$0	$0	$0
REV EDWARD NEW	PRESIDENT & CEO	37.50	Officer	$135,062	$115,533	$250,595
PAMELA HICKS	VICE PRESIDENT - THRU 5/24	37.50	Officer	$157,414	$36,715	$194,129
ANDREW CRASKE	VICE PRESIDENT	37.50	Officer	$134,085	$31,039	$165,124
MARGARET COX	CFO	37.50	Officer	$130,367	$20,643	$151,010
ELENA NICHOLAS	DIR. OF DEVELOPMENT - AS OF 4/24	37.50	Highest	$100,805	$32,099	$132,904

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	$9,484,613	$8,882,580	$246,347,169	$602,033
2023	$7,244,417	$7,135,033	$235,268,966	$109,384
2022	$5,620,375	$5,851,398	$262,067,515	$-231,023
2021	$7,279,427	$6,270,786	$285,393,023	$1,008,641
2020	$6,597,458	$6,175,239	$265,398,332	$422,219
2019	$6,643,023	$6,022,097	$361,761,802	$620,926
2018	$6,200,300	$5,737,120	$333,036,056	$463,180

FLORIDA UNITED METHODIST FOUNDATION INC