Texas United Methodist College Association
- Assets
- $65.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Abilene, TX
- Founding
- 05/1984
- Data as of
- 01/2024
- EIN
- 74-2281919
Organization Overview
Texas United Methodist College Association is located in Abilene, TX. The organization was established in 1984. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas United Methodist College Association 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 01/2024, Texas United Methodist College Association generated $66.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (20.6%) each year. All expenses for the organization totaled $74.9k during the year ending 01/2024. As we would expect to see with falling revenues, expenses have declined by (18.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Texas United Methodist College Association has awarded 34 individual grants totaling $1,506,442. 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
THE 6 EDUCATIONAL INSTITUTIONS LISTED BELOW RECEIVED DISTRIBUTIONS FROM THE TEXAS UNITED METHODIST COLLEGE ASSOCIATION TO FUND STUDENT SCHOLARSHIPS AND FINANCIAL AID: MCMURRY UNIVERSITY, ABILENE; SOUTHERN METHODIST UNIVERSITY, DALLAS; SOUTHWESTERN UNIVERSITY, GEORGETOWN; TEXAS WESLEYAN UNIVERSITY, FT. WORTH; HUSTON-TILLOTSON UNIVERSITY, AUSTIN, AND WILEY COLLEGE, MARSHALL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Melva Wallace Board Member, Chair | 1 | $0 | |
Dr Emily Messer Board Member | 1 | $0 | |
Dr Sandra Harper Board Member | 1 | $0 | |
Dr Laura Skandera-Trombley Board Member | 1 | $0 | |
Dr Herman J Felton Jr Board Member | 1 | $0 | |
Dr R Gerald Turner Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,795 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $621 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $66,416 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,288 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $127 |
| Total expenses | $74,915 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $65,039 |
| Other assets | $0 |
| Total assets | $65,039 |
| Total liabilities | $0 |
| Net assets or fund balances | $65,039 |
Grants Awarded
Over the last fiscal year, Texas United Methodist College Association has awarded $172,200 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
MCMURRY UNIVERSITY PURPOSE: To provide scholarships | $28,700 |
SOUTHERN METHODIST UNIVERSITY PURPOSE: To provide scholarships | $28,700 |
SOUTHWESTERN UNIVERSITY PURPOSE: To provide scholarships | $28,700 |
TEXAS WESLEYAN UNIVERSITY PURPOSE: To provide scholarships | $28,700 |
HUSTON-TILLOTSON UNIVERSITY PURPOSE: To provide scholarships | $28,700 |
WILEY COLLEGE PURPOSE: To provide scholarships | $28,700 |