FIRST METHODIST MEMORIAL FOUNDATION OF GLENDALE (EIN 952253975) - 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

1947

Legal Domicile

Phone

8182432105

Tax Period

2024-01-01 to 2024-12-31

FIRST METHODIST MEMORIAL FOUNDATION OF GLENDALE, founded in 1947, is a small nonprofit that reported $675K in total revenue in fiscal year 2024. Revenue surged 124% from the prior year, signaling strong growth momentum. Expenses of $628K left a modest 7% surplus.

Mission

A RELIGIOUS ORGANIZATION FOUNDATION

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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 $33,510

Program Service Revenue $0

Investment Income $641,749

Other Revenue $0

TOTAL REVENUE $675,259

Expense Breakdown

Grants Paid $572,407

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $572,407

Other Expenses $55,204

TOTAL EXPENSES $627,611

Year-over-Year Comparison

	2024	2023	Change
Revenue	$675,259	$301,946	+1.2%
Expenses	$627,611	$519,307	+0.2%
Net Income	$47,648	$-217,361	-1.2%

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

N/A

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
TYLER SCHMIDT	President	1.00	Officer Director	$0	$0	$0
SHELDON HAASE	Board Member	1.00	Officer Director	$0	$0	$0
NANCY KACHLINE	BOARD MEMBER	1.00	Director	$0	$0	$0
Kathleen Dupree	Secretary	1.00	Officer Director	$0	$0	$0
Emily Christensen	Vice President	1.00	Officer Director	$0	$0	$0
Raul Morales	BOARD MEMBER	1.00	Director	$0	$0	$0
BRUCE HINCKLEY	Treasurer	1.00	Director	$0	$0	$0
Joylene Wagner	BOARD MEMBER	1.00	Director	$0	$0	$0
Laura Cadra	BOARD MEMBER	1.00	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
2024	$675,259	$627,611	$4,759,306	$47,648
2023	$301,946	$519,307	$4,786,897	$-217,361
2022	$148,572	$391,247	$4,428,531	$-242,675
2021	$607,767	$353,280	$5,794,848	$254,487
2020	$459,320	$401,486	$5,563,004	$57,834
2019	$896,314	$937,461	$5,008,266	$-41,147
2018	$417,231	$316,401	$4,547,231	$100,830

FIRST METHODIST MEMORIAL FOUNDATION OF GLENDALE