FIRST UNITED METHODIST CHURCH FOUNDATION OF KERRVILLE TEXAS INC (EIN 742095762) - 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

2007

Legal Domicile

Principal Officer

KERWIN L OVERBY

Phone

8302570800

Tax Period

2024-01-01 to 2024-12-31

FIRST UNITED METHODIST CHURCH FOUNDATION OF KERRVILLE TEXAS INC, founded in 2007, is a small nonprofit that reported $129K in total revenue in fiscal year 2024. Revenue surged 121% from the prior year, signaling strong growth momentum. The organization ran a surplus of $57K, a strong 44% operating margin.

Mission

RECEIVE FUNDS TO HELP IN FUTURE MINISTRIES OF FIRST UNITED METHODIST CHURCH OF KERRVILLE

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $26,843

Program Service Revenue $0

Investment Income $102,010

Other Revenue $0

TOTAL REVENUE $128,853

Expense Breakdown

Grants Paid $60,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $60,000

Other Expenses $11,740

TOTAL EXPENSES $71,740

Year-over-Year Comparison

	2024	2023	Change
Revenue	$128,853	$58,428	+1.2%
Expenses	$71,740	$52,114	+0.4%
Net Income	$57,113	$6,314	+8.0%

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
PASTOR DAVID PAYNE	DIRECTOR	0.10	Director	$0	$0	$0
KERWIN OVERBY	SECRETARY/TREASURER	0.10	Officer Director	$0	$0	$0
KIT WERLEIN	PRESIDENT/CHAIR	0.20	Officer Director	$0	$0	$0
BILL JOHNSTON	DIRECTOR	0.10	Director	$0	$0	$0
JOHN CARLSON	DIRECTOR	0.10	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
2024	$128,853	$71,740	$1,423,901	$57,113
2023	$58,428	$52,114	$1,311,931	$6,314
2022	$70,187	$45,209	$1,259,268	$24,978
2021	$167,853	$40,895	$1,378,123	$126,958
2020	$46,737	$50,437	$1,295,430	$-3,700
2020	$36,237	$52,029	$1,244,005	$-15,792
2019	$70,762	$49,253	$1,299,130	$21,509
2018	$60,696	$59,075	$1,160,298	$1,621

FIRST UNITED METHODIST CHURCH FOUNDATION OF KERRVILLE TEXAS INC