FIRST UNITED METHODIST CHURCH OF WACO FOUNDATION (EIN 742410127) - 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

1986

Legal Domicile

Principal Officer

LAUREN LINDSEY

Phone

2547725630

Tax Period

2023-01-01 to 2023-12-31

Mission

FIRST UNITED METHODIST CHURCH FOUNDATION PROVIDES SCHOLARSHIPS TO METHODIST SEMINARY STUDENTS AS WELL AS PROVIDING FUNDS FOR CAPITAL IMPROVEMENTS TO FIRST UNITED METHODIST CHURCH OF WACO.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2023	2022	Change
Revenue	N/A	$221,585	-1.0%
Expenses	N/A	$135,615	-1.0%
Net Income	N/A	$85,970	N/A

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

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
JIM BAKER	MEMBER	0.30	Director	$0	$0	$0
JIM HALLER	MEMBER	0.30	Director	$0	$0	$0
ANN HORNUNG	MEMBER	0.30	Director	$0	$0	$0
CARLA HAYNES-CLOWE	MEMBER	0.30	Director	$0	$0	$0
JOHNNY MANKIN	MEMBER	0.30	Director	$0	$0	$0
ELLIE MORRISON	MEMBER	0.30	Director	$0	$0	$0
DOUG WELCH	MEMBER	0.30	Director	$0	$0	$0
JIM JOHNSON	MEMBER	0.30	Director	$0	$0	$0
DANNY PALMER	MEMBER	0.30	Director	$0	$0	$0
BARBARA GARDELL	MEMBER	0.30	Director	$0	$0	$0
BETH HARDING	CHAIRMAN	0.30	Officer	$0	$0	$0
LAUREN LINDSEY	SECRETARY	0.30	Officer	$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	No data	No data	No data	No data
2023	No data	No data	$3,285,862	No data
2022	$221,585	$135,615	$3,285,862	$85,970
2021	$279,317	$289,442	$3,739,535	$-10,125
2020	$839,202	$160,095	$3,665,651	$679,107
2019	$106,334	$75,295	$2,927,523	$31,039
2018	$191,904	$46,220	$2,620,332	$145,684

FIRST UNITED METHODIST CHURCH OF WACO FOUNDATION