Missouri United Methodist
- Assets
- $115.0m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 9
- Location
- Columbia, MO
- Founding
- 10/1974
- Data as of
- 12/2020
- EIN
- 43-0899770
Organization Overview
Missouri United Methodist is located in Columbia, MO. The organization was established in 1974. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Missouri United Methodist employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Missouri United Methodist is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Missouri United Methodist generated $2.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $2.7m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Missouri United Methodist has awarded 241 individual grants totaling $6,161,528. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE MISSOURI UNITED METHODIST FOUNDATION IS TO ESTABLISH, GROW AND ADMINISTER FUNDS, TOOLS AND EDUCATION FOR PLANNED GIVING TO STRENGTHEN AND ENABLE UNITED METHODIST MINISTRY IN MISSOURI.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION ADMINISTERS A MINISTRY GRANT PROGRAM AND UNDERGRADUATE SCHOLARSHIP PROGRAMS. THE FOUNDATION ALSO PROVIDES EDUCATIONAL WORKSHOPS, STEWARDSHIP COUNSEL FOR LOCAL CHURCH LEADERS, AND PRINTED MATERIALS IN BULK QUANTITIES FOR LOCAL CHURCHES FREE OF CHARGE. THE FOUNDATION ASSISTS INDIVIDUAL DONORS IN MAKING GIFTS OF STOCK AND CREATING GIFT ANNUITIES AND OTHER PLANNED GIFTS. THE FOUNDATION SERVES AS AN AGENCY INVESTOR FOR LOCAL CHURCHES AND OTHER UM-RELATED CHARITABLE ENTITIES. THE FOUNDATION ADMINISTERS THE CLERGY AND CHURCH FINANCIAL MINISTRY (C2FM) WHICH PROVIDES EDUCATION, COACHING, AND DIRECT FINANCIAL AID TO PASTORS.
IN RESPONSE TO THE IDENTIFIED PRIORITIES OF THE MISSOURI ANNUAL CONFERENCE, THE FOUNDATION AUTHORIZES FUNDING TO THE CONFERENCE FOR EVANGELISM, CHURCH DEVELOPMENT, NEEDS OF RETIRED CLERGY, UM YOUTH CAMP SCHOLARSHIPS, CONGREGATIONAL DEVELOPMENT, AND TO IDENTIFY AND ENCOURAGE PERSONS TO BECOME ORDAINED UMC CLERGY AND FUNDS ARE USED TO PROVIDE FOOD FOR ORPHAN CHILDREN LIVING AT THE CAROLYN BELSHE ORPHANAGE IN MOZAMBIQUE. THE FOUNDATION PROVIDES SIGNIFICANT FUNDING FOR THE MOAC FELLOWSHIPS, A PROGRAM PROVIDING COMPENSATION TO EARLY CAREER PASTORS SERVING A TWO-YEAR FELLOWSHIP ON STAFF AT SELECT MISSOURI UM CHURCHES.
PROVIDED FUNDS DIRECTLY TO THE DOLLARS FOR SCHOLARS PROGRAM OF THE UNITED METHODIST HIGHER EDUCATION FOUNDATION (UMHEF) FOR THE BENEFIT OF UNDERGRADUATE AND SEMINARY STUDENTS WHO ATTEND CENTRAL METHODIST UNIVERSITY (FAYETTE, MISSOURI) OR SAINT PAUL SCHOOL OF THEOLOGY (OVERLAND PARK, KANSAS) AND ARE MEMBERS OF UNITED METHODIST CHURCHES IN MISSOURI. ALSO PROVIDED FUNDS DIRECTLY TO THE GENERAL BOARD OF HIGHER EDUCATION & MINISTRY (GBHEM) FOR THEIR EXCELLENCE IN CLERGY LEADERSHIP SCHOLARSHIPS FUNDING FULL-TIME MISSOURI MASTER OF DIVINITY SEMINARY STUDENTS WHO DEMONSTRATE FINANCIAL NEED AND HOW THE SCHOLARSHIP WILL HELP AVOID ADDITIONAL STUDENT LOANS.
PROVIDED FUNDS TO 12 SCHOLARSHIP RECIPIENTS ATTENDING THEOLOGICAL SEMINARIES DURING 2021. ALL STUDENTS ARE CANDIDATES FOR ORDAINED PASTORAL MINISTRY IN THE MISSOURI ANNUAL CONFERENCE OF THE UNITED METHODIST CHURCH. ALL FUNDS WERE PAID TO THE RESPECTIVE SEMINARY FOR THE BENEFIT OF THE STUDENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Atkins President | Officer | 50 | $154,000 |
Monett Lite Corporate Treasurer | Officer | 40 | $101,500 |
Kent D Thomas Chair | OfficerTrustee | 0.5 | $0 |
Charles Foudree Treasurer | OfficerTrustee | 0.5 | $0 |
Julie Salmon Secretary | OfficerTrustee | 0.5 | $0 |
Jon Gray Vice-Chair | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $643,846 |
| Noncash contributions included in lines 1a–1f | $25,586 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $643,846 |
| Total Program Service Revenue | $443,776 |
| Investment income | $999,985 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $501,411 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,589,018 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,850,298 |
| Grants and other assistance to domestic individuals. | $33,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $321,575 |
| Compensation of current officers, directors, key employees. | $79,040 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $204,414 |
| Pension plan accruals and contributions | $82,491 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,300 |
| Fees for services: Accounting | $25,699 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $21,166 |
| Fees for services: Other | $14,497 |
| Advertising and promotion | $0 |
| Office expenses | $50,891 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $46,882 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,157 |
| Insurance | $19,622 |
| All other expenses | $48,854 |
| Total functional expenses | $2,739,846 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,248 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $37,840 |
| Net Land, buildings, and equipment | $36,887 |
| Investments—publicly traded securities | $114,881,000 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $22,692 |
| Total assets | $115,020,667 |
| Accounts payable and accrued expenses | $31,752 |
| Grants payable | $39,950 |
| Deferred revenue | $237,824 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $76,403,475 |
| Total liabilities | $76,713,001 |
| Net assets without donor restrictions | $14,643,228 |
| Net assets with donor restrictions | $23,664,438 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $115,020,667 |
Grants Awarded
Over the last fiscal year, Missouri United Methodist has awarded $751,780 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
FIRST UNITED METHODIST CHURCH OF HANNIBAL PURPOSE: USED FOR FOOD PANTRY AND GENERAL RELIGIOUS, EDUCATIONAL AND CHARITABLE PURPOSES FOR THE BENEFIT OF THE FIRST UNITED METHODIST CHURCH OF HANNIBAL | $96,858 |
MO CONFERENCE PURPOSE: FUNDS USED FOR EVANGELISM, CHURCH DEVELOPMENT, NEEDS OF RETIRED CLERGY, UM YOUTH CAMP SCHOLARSHIPS, CONGREGATIONAL DEVELOPMENT, AND TO IDENTIFY AND ENCOURAGE PERSONS TO BECOME ORDAINED UMC CLERGY, MOZAMBIQUE INITIATIVE. | $78,858 |
CASSIDY UNITED METHODIST CHURCH PURPOSE: USED FOR GENERAL RELIGIOUS, EDUCATIONAL AND CHARITABLE PURPOSES FOR THE BENEFIT OF THE CASSIDY UNITED METHODIST CHURCH | $75,000 |
MISSOURI CONFERENCE- PASTORAL & CONGREGATIONAL EXCELLENCE PURPOSE: TO HELP FUND MOAC FELLOWS FOR THE FELLOWSHIP PROGRAMS AT MISSOURI UMC, BLUE SPRINGS FIRST UMC, ST. JAMES UMC | $72,500 |
BROADWAY UNITED METHODIST CHURCH PURPOSE: USED FOR GENERAL RELIGIOUS, EDUCATIONAL AND CHARITABLE PURPOSES FOR THE BENEFIT OF THE BROADWAY UNITED METHODIST CHURCH | $55,500 |
GALLATIN UNITED METHODIST CHURCH PURPOSE: USED FOR GENERAL RELIGIOUS, EDUCATIONAL AND CHARITABLE PURPOSES FOR THE BENEFIT OF THE GALLATIN UNITED METHODIST CHURCH | $49,959 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Missouri United Methodist has recieved totaling $24,500.
| Awarding Organization | Amount |
|---|---|
Vanguard Charitable Endowment Program Southeastern, PA PURPOSE: FOR RECIPIENT'S EXEMPT PURPOSE | $19,500 |
Community Foundation Of Northwest Missouri Saint Joseph, MO | | $5,000 |
Endowment Analysis
| Beg. Balance | $33,471,718 |
| Earnings | $5,636,861 |
| Net Contributions | $582,132 |
| Grants | $1,231,968 |
| Ending Balance | $38,458,743 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Relevant Radio Inc Lincolnshire, IL | $100,083,301 | $30,552,688 |
Woodhaven Learning Center Columbia, MO | $17,651,573 | $16,164,282 |
Josiah Venture Nfp Wheaton, IL | $16,890,117 | $13,544,001 |
Cbmc Inc Chattanooga, TN | $8,634,915 | $10,793,711 |
Alpha Usa Naperville, IL | $4,051,813 | $10,198,645 |
Wesley Village Inc Macomb, IL | $11,643,378 | $8,896,317 |
Presbyterian Village Inc Little Rock, AR | $7,163,719 | $8,947,997 |
Mercy Multiplied America Inc Nashville, TN | $15,008,837 | $12,307,052 |
Outreach Foundation Of The Presbyterian Church Inc Franklin, TN | $10,682,704 | $9,066,746 |
Doulos Ministries Inc Independence, MO | $17,094,809 | $7,030,778 |
Good Shepherd Lutheran Community Blair, NE | $4,394,791 | $5,136,170 |
International Messengers Clear Lake, IA | $5,781,763 | $6,946,691 |