GLOBAL METHODIST FOUNDATION OF NOR… - Form 990 Financial Data

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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

2024

Legal Domicile

Principal Officer

MATTHEW O'REILLY

Phone

2059915065

Tax Period

2024-04-01 to 2025-03-31

GLOBAL METHODIST FOUNDATION OF NORTH ALABAMA, founded in 2024, is a small nonprofit in the Religion sector that reported $357K in total revenue in fiscal year 2024. The organization ran a surplus of $332K, a strong 93% operating margin.

Mission

TO PROVIDE GRANTS OR SCHOLARSHIPS TO INDIVIDUALS WHO ARE PURSUING A COURSE OF STUDY OR DEGREE PROGRAM THAT SATISFIES THE REQUIREMENTS FOR ORDINATION AS MINISTER WITHING THE NORTH ALABAMA CONFERENCE OF THE GLOBAL METHODIST CHURCH.

Program Service Accomplishments

Program 1

Expenses: $24,180

THE GLOBAL METHODIST FOUNDATION OF NORTH ALABAMA PROVIDES GRANTS OR SCHOLARSHIPS TO INDIVIDUALS WHO ARE, OR WILL BE, ENROLLED AT AN EDUCATIONAL ORGANIZATION (AS DESCRIBED IN SECTION...

THE GLOBAL METHODIST FOUNDATION OF NORTH ALABAMA PROVIDES GRANTS OR SCHOLARSHIPS TO INDIVIDUALS WHO ARE, OR WILL BE, ENROLLED AT AN EDUCATIONAL ORGANIZATION (AS DESCRIBED IN SECTION 170(B)(1)(A)(II)OF THE INTERNAL REVENUE CODE), AND PURSUING A COURSE OF STUDY OR DEGREE PROGRAM THAT SATISFIES THE REQUIREMENTS FOR ORDINATION AS A MINISTER WITHIN THE NORTH ALABAMA CONFERENCE OF THE GLOBAL METHODIST CHURCH.

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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 $351,150

Program Service Revenue $0

Investment Income $5,441

Other Revenue $0

TOTAL REVENUE $356,591

Expense Breakdown

Grants Paid $3,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $24,180

Other Expenses $21,749

TOTAL EXPENSES $24,749

Year-over-Year Comparison

	2024	2023	Change
Revenue	$356,591	N/A	N/A
Expenses	$24,749	N/A	N/A
Net Income	$331,842	N/A	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
TIMOTHY COVINGTON	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
CONNIE EDWARDS	DIRECTOR	1.00	Director	$0	$0	$0
LYLE HOLLAND	DIRECTOR	1.00	Director	$0	$0	$0
MARY LYTLE	SECRETARY	2.00	Officer Director	$0	$0	$0
RODDY MCKINNEY	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW O'REILLY	PRESIDENT	5.00	Officer Director	$0	$0	$0
DANIELLE PETERSON	DIRECTOR	1.00	Director	$0	$0	$0
TODD WHEELES	DIRECTOR	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
2025	$356,591	$24,749	$331,842	$331,842

GLOBAL METHODIST FOUNDATION OF NORTH ALABAMA