Civic Intelligence

Methodist Home for Children Foundation

990 • Fiscal year 2019 • EIN 23-1401564

Jul 01, 2018 to Jun 30, 2019 • Filed on Jun 22, 2020

4300 Monument RoadPhiladelphia, PA 19131

(215) 877-1925

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

33rd percentile

0.10x

Higher debt load relative to assets than 33% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Liabilities / Revenue

87th percentile

2.19x

Higher debt load relative to revenue than 87% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Net Margin

79th percentile

20%

Higher net margin than 79% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Top Officer Pay

38th percentile

$206,240

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 10.3% of source-year revenue.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Asset Growth

37th percentile

1.1%

Faster asset growth than 37% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Revenue Growth

66th percentile

9.7%

Faster revenue growth than 66% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Assets

Up

$44,227,698

Up $486,484 (+1.1%) from 2018

Net Assets

Up

$39,870,542

Up $290,475 (+0.7%) from 2018

Liabilities

Up

$4,357,156

Up $196,009 (+4.7%) from 2018

Revenue

Up

$1,992,981

Up $175,999 (+9.7%) from 2018

Expenses

Down

$1,598,870

Down $45,371 (-2.8%) from 2018

Net Income

Up

$394,111

Up $221,370 (+128%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2010: $33,232,112Liabilities 2010: $10,261Net Assets 2010: $33,221,8512010Assets 2011: $37,344,960Liabilities 2011: $65,871Net Assets 2011: $37,279,0892011Assets 2012: $35,076,961Liabilities 2012: $79,014Net Assets 2012: $34,997,9472012Assets 2013: $37,475,120Liabilities 2013: $88,792Net Assets 2013: $37,386,3282013Assets 2014: $41,090,821Liabilities 2014: $82,971Net Assets 2014: $41,007,8502014Assets 2015: $42,680,981Liabilities 2015: $4,270,879Net Assets 2015: $38,410,1022015Assets 2016: $40,522,477Liabilities 2016: $4,497,055Net Assets 2016: $36,025,4222016Assets 2017: $43,230,843Liabilities 2017: $4,577,238Net Assets 2017: $38,653,6052017Assets 2018: $43,741,214Liabilities 2018: $4,161,147Net Assets 2018: $39,580,0672018Assets 2019: $44,227,698Liabilities 2019: $4,357,156Net Assets 2019: $39,870,5422019Assets 2020: $45,425,265Liabilities 2020: $5,969,457Net Assets 2020: $39,455,8082020Assets 2021: $52,939,125Liabilities 2021: $6,682,132Net Assets 2021: $46,256,9932021Assets 2022: $50,107,451Liabilities 2022: $11,074,593Net Assets 2022: $39,032,8582022Assets 2023: $50,100,565Liabilities 2023: $9,950,733Net Assets 2023: $40,149,8322023Assets 2024: $52,936,310Liabilities 2024: $10,368,108Net Assets 2024: $42,568,2022024

Highlighted filing

2019

Assets$44,227,698
Liabilities$4,357,156
Net Assets$39,870,542

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$2.0M$0-$2.0MExpenses 2010: $1,660,7222010Expenses 2011: $1,842,4212011Revenue 2012: $1,428,041Expenses 2012: $1,708,832Net Income 2012: -$280,7912012Expenses 2013: $1,444,2992013Revenue 2014: $2,599,360Expenses 2014: $1,613,239Net Income 2014: $986,1212014Revenue 2015: $2,447,317Expenses 2015: $2,320,114Net Income 2015: $127,2032015Revenue 2016: $876,218Expenses 2016: $1,667,505Net Income 2016: -$791,2872016Revenue 2017: $1,692,354Expenses 2017: $1,699,958Net Income 2017: -$7,6042017Revenue 2018: $1,816,982Expenses 2018: $1,644,241Net Income 2018: $172,7412018Revenue 2019: $1,992,981Expenses 2019: $1,598,870Net Income 2019: $394,1112019Revenue 2020: $2,205,281Expenses 2020: $1,675,685Net Income 2020: $529,5962020Revenue 2021: $1,659,733Expenses 2021: $1,993,610Net Income 2021: -$333,8772021Revenue 2022: $3,691,133Expenses 2022: $1,797,384Net Income 2022: $1,893,7492022Revenue 2023: -$402,562Expenses 2023: $914,494Net Income 2023: -$1,317,0562023Revenue 2024: $1,938,518Expenses 2024: $1,698,241Net Income 2024: $240,2772024

Highlighted filing

2019

Revenue$1,992,981
Expenses$1,598,870
Net Income$394,111
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jun 22, 2020
Return Version
2018v3.2
Gross Receipts
$13,215,839
Mission and Program Overview

Mission

The mission of methodist home for children foundation (mhcf) is to support programs and services to children, youth, and familities and to promote their general welfare and quality of life.

To support programs and services to children, youth and familities, which promotes quality of life

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$30,382,415$30,592,251▲ $209,836
Land, Buildings, and Equipment, Net$5,232,022$6,170,766▲ $938,744
Savings and Temporary Cash Investments$1,514,797$1,003,286▼ $511,511
Accounts Receivable$6,576$5,799▼ $777
Total Assets$43,741,214$44,227,698▲ $486,484
Other Assets Total$6,605,404$6,455,596▼ $149,808
Liabilities
Other Liabilities$4,040,733$4,236,742▲ $196,009
Mortgage Notes Payable Secured by Investment Property$114,000$114,000→ $0
Accounts Payable and Accrued Expenses$6,414$6,414→ $0
Total Liabilities$4,161,147$4,357,156▲ $196,009
Net Assets / Fund Balance
Unrestricted Net Assets$33,203,681$33,459,833▲ $256,152
Permanently Rstr Net Assets$6,322,339$6,328,180▲ $5,841
Temporarily Rstr Net Assets$54,047$82,529▲ $28,482
Total Net Assets Fund Balance$39,580,067$39,870,542▲ $290,475
Total Liabilities and Net Assets / Fund Balance$43,741,214$44,227,698▲ $486,484

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,003,257$3,392,108$8,395,365
Land$1,161,700-$1,161,700
Leasehold Improvements$0$89,380$89,380
Equipment$5,809$1,378$7,187
Other Assets Org$1,283,434--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$39,580,067$19,345▲ $1,870,000$286,539$39,870,542
2017$38,653,605$108,902▲ $2,461,801$282,413$39,580,067
2016$36,025,362$19,073▲ $4,309,128$284,791$38,653,605
2015$38,410,102$42,994▼ $760,229$289,161$36,025,362
2014$41,007,852$26,690▼ $304,326$276,469$38,410,102
Compensation and Service Providers

Employees

NameTitleOtherTotal
Maulin PatelVice President & CFO - Left Jun 2019$135,700$135,700

Board Members and Trustees

NameTitle
Charles SorkinChair
Anne Rice-burgessPresident & CEO
F Scott DonahueDirector
Gina Golson NuneryDirector
Richard SchmidDirector
Kathrine MartinSr. VP & Executive Director
Katherine ZidekSecretary
Richard Chip Cobb JrTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$19,345
Program Service Revenue
$0
Investment Income
$1,969,775
Other Revenue
$3,861
All Other Contributions
$19,345
Change in Net Assets
$394,111

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,815,328
Revenue Not Reported on Financial Statements
$177,653
Revenue Not Reported on Form 990
$-103,636
Total Revenue per Audited Statements
$1,711,692
Total Revenue per Form 990
$1,992,981
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,093,021
Other Expenses$505,849
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,093,021--$1,093,021
Depreciation Depletion-$286,539-$286,539
Fees for Service Investment Mgmnt Fees-$177,653-$177,653
Fees for Services Management-$39,670-$39,670
Office Expenses-$1,987-$1,987
Total Functional Expenses$1,093,021$505,849$0$1,598,870

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,598,870
Expenses per Audited Statements$1,421,217
Total Expenses per Audited Statements$1,421,217
Expenses Not Reported on Financial Statements$177,653
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Methodist ServicesPhiladelphia, PA501(c)(3)To Support Programs and Services to Children, Youth and Families$1,093,021
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliates$4,236,742
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1

An executive committee is hereby established to include the chairperson, vice-chairperson(s), secretary, treasurer and president (without vote). The executive committee may exercise all of the powers of the board of directors when the board of directors is not in session, and shall report its actions to the board at the next meeting of the board. A quorum of the committee members must be present. Exceptions to the power and authority of the executive committee are as follows: (a) the filling of vacancies on the board (b) the adoption, amendment or repeal of the governing documents (c) the amendment or repeal of any resolution of the board (d) action on matters committed by the bylaws or by resolution of the board to another committee of the board

Form 990, Part VI, Section A, Line 6

Methodist home for children (mhc), a related 501(c)(3) public charity, is considered the 'sole member' for purposes of this question.

Form 990, Part VI, Section A, Line 7A

The board of directors are elected annually by mhc.

Form 990, Part VI, Section A, Line 7B

In order to amend the governing documents, written approval of the amendment must be obtained from mhc.

Form 990, Part VI, Section B, Line 11B

The form 990 is prepared by an independent accounting firm. All officers will receive a draft copy of the form 990 along with all comments for changes prior to filing. The final copy will be sent to the officers and board of directors through email.

Form 990, Part VI, Section B, Line 12C

Officers, directors and key employees are required to disclose annually interest that could give rise to conflicts. The annual disclosures are reviewed by the board chair and the final determination as to whether a conflict exists is determined by the joint officers committee. If any director is involved individually, or as part of a business or professional firm, in the organization's business transactions or professional services they must timely disclose such a relationship and must recuse themselves when matters of such transactions are discussed and/or voted upon, and will be required to leave the meeting if such is requested by another director in attendance.

Form 990, Part VI, Section B, Line 15

The organization does not compensate any individual that meets the internal revenue service definition of officer or key employee.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Methodist Home for Children Foundation
EIN
23-1401564
Phone
2158771925
Address
4300 MONUMENT ROAD, PHILADELPHIA, PA 19131

Signing Officer

Name
Anne Rice Burgess
Title
President & CEO
Phone
2158771925
Signed
2020-06-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anne Rice Burgess
Formed
1879
Legal Domicile
Pa
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Cliftonlarsonallen Llp
Address
610 W GERMANTOWN PIKE SUITE 400, PLYMOUTH MEETING, PA 19462
Preparer
Connie M Lira
Phone
2156433900
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Increase in fair value of perpetual trusts 5,841.

Financial Statement Notes

PART V, LINE 4:

The endowment funds are to be used to support methodist home for children and methodist services, both are 501(c)(3) public charities related to methodist home for children foundation.

PART X, LINE 2:

Methodist home for children foundation (mhcf) is a non-profit entity as described in section 501(c)(3) of the internal revenue code and is exempt from federal and state income taxes. Accordingly, there is no provision for income taxes. The mhcf is not aware of any activities that would jeopardize its tax-exempt status or any activities that are subject to tax on unrelated business income taxes. The mhcf follows the guidance in the income tax standard regarding the recognition and measurement of uncertain tax positions. The guidance clarifies the accounting for uncertainty in income taxes recognized in an entity's financial statements. The guidance further prescribes recognition and measurement of tax provisions taken or expected to be taken on a tax return that are not certain to be realized. The application of this standard had no impact on the mhcf's financial statements.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Increase in fair value of perpetual trusts 5,841.

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IRS990/Form990PartVIISectionAGrp/TitleTxt7SR. VP & EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE PRESIDENT & CFO - LEFT JUN 2019
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IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF METHODIST HOME FOR CHILDREN FOUNDATION (MHCF) IS TO SUPPORT PROGRAMS AND SERVICES TO CHILDREN, YOUTH, AND FAMILITIES AND TO PROMOTE THEIR GENERAL WELFARE AND QUALITY OF LIFE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0114000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0114000
IRS990/NetAssetsOrFundBalancesBOYAmt039580067
IRS990/NetAssetsOrFundBalancesEOYAmt039870542
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-178411
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-178411
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-109477
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01987
IRS990/OfficeExpensesGrp/TotalAmt01987
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt06605404
IRS990/OtherAssetsTotalGrp/EOYAmt06455596
IRS990/OtherChangesInNetAssetsAmt05841
IRS990/OtherLiabilitiesGrp/BOYAmt04040733
IRS990/OtherLiabilitiesGrp/EOYAmt04236742
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0REFUND/MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt03861
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03861
IRS990/OtherRevenueTotalAmt03861
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt06322339
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt06328180
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ANNE RICE BURGESS
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0108902
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01124522
IRS990/PYInvestmentIncomeAmt01661437
IRS990/PYOtherExpensesAmt0519719
IRS990/PYOtherRevenueAmt046643
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0172741
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01644241
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01816982
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0394111
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01514797
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01003286
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MANAGEMENT OF THE SUPPORTING ORGANIZATION IS CONDUCTED BY THE SAME INDIVIDUALS THAT MANAGE THE SUPPORTED ORGANIZATIONS. THIS OVERLAPPING MANAGEMENT REPORTS TO ALL GOVERNANCE BODIES TO ENSURE THAT THE SUPPORTING ORGANIZATION REMAINS ATTENTIVE AND RESPONSIVE TO THE NEEDS OF THE SUPPORTED ORGANIZATIONS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION C, LINE 1:
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd00
IRS990ScheduleA/OtherSupportSumAmt0505849
IRS990ScheduleA/SupportedOrganizationsCnt02
IRS990ScheduleA/SupportedOrganizationsTotalCnt02
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0562311719
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1200088838
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd11
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd17
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt0505849
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt01093021
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0METHODIST SERVICES
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1METHODIST HOME FOR CHILDREN
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt01093021
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.83920
IRS990ScheduleD/BuildingsGrp/BookValueAmt05003257
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03392108
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt08395365
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0219310
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt039580067
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt019345
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt039870542
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt01093021
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt01870000
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0286539
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0237306
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt038653605
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0108902
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt039580067
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt01124522
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02461801
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0282413
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0213315
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt036025362
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt019073
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt038653605
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt01201852
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt04309128
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0284791
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0213163
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt038410102
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt042994
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt036025362
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt01165181
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-760229
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0289161
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0495024
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt041007852
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt026690
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt038410102
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt01548621
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-304326
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0276469
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd01
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt05809
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01378
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07187
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0177653
IRS990ScheduleD/ExpensesSubtotalAmt01421217
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt0177653
IRS990ScheduleD/InvestmentExpensesNotIncldAmt0177653
IRS990ScheduleD/LandGrp/BookValueAmt01161700
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01161700
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt089380
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt089380
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-109477
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt05172162
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11283434
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0BENEFICIAL INTEREST IN PERPETUAL TRUSTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1NOTE RECEIVABLE - RELATED PARTY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04236742
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATES
IRS990ScheduleD/OtherRevenueAmt05841
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.15870
IRS990ScheduleD/RelatedOrgListSchRInd01
IRS990ScheduleD/RevenueNotReportedAmt0-103636
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0177653
IRS990ScheduleD/RevenueSubtotalAmt01815328
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ENDOWMENT FUNDS ARE TO BE USED TO SUPPORT METHODIST HOME FOR CHILDREN AND METHODIST SERVICES, BOTH ARE 501(C)(3) PUBLIC CHARITIES RELATED TO METHODIST HOME FOR CHILDREN FOUNDATION.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1METHODIST HOME FOR CHILDREN FOUNDATION (MHCF) IS A NON-PROFIT ENTITY AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, THERE IS NO PROVISION FOR INCOME TAXES. THE MHCF IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS OR ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME TAXES. THE MHCF FOLLOWS THE GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE GUIDANCE CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. THE GUIDANCE FURTHER PRESCRIBES RECOGNITION AND MEASUREMENT OF TAX PROVISIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE APPLICATION OF THIS STANDARD HAD NO IMPACT ON THE MHCF'S FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2INCREASE IN FAIR VALUE OF PERPETUAL TRUSTS 5,841.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.00210
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06170766
IRS990ScheduleD/TotalBookValueOtherAssetsAmt06455596
IRS990ScheduleD/TotalExpensesPerForm990Amt01598870
IRS990ScheduleD/TotalLiabilityAmt04236742
IRS990ScheduleD/TotalRevenuePerForm990Amt01992981
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01711692
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01421217
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt01093021
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO SUPPORT PROGRAMS AND SERVICES TO CHILDREN, YOUTH AND FAMILIES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0METHODIST SERVICES
IRS990ScheduleI/RecipientTable/RecipientEIN0562311719
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt04300 MONUMENT ROAD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0PHILADELPHIA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0PA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd019131
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ONLY GRANTS FUNDS TO RELATED ORGANIZATIONS WITH SHARED MANAGEMENT. THROUGH THIS SHARED MANAGEMENT THE ORGANIZATION IS ABLE TO ENSURE FUNDS ARE USED FOR THEIR INTENDED PURPOSE.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0175954
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1142918

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$52.9$10.4$42.6$1.94$1.70$0.24
2023Detailed filing. Detailed filing data is available for this year.$50.1$9.95$40.1$0.40$0.91$1.32
2022Detailed filing. Detailed filing data is available for this year.$50.1$11.1$39.0$3.69$1.80$1.89
2021Detailed filing. Detailed filing data is available for this year.$52.9$6.68$46.3$1.66$1.99$0.33
2020Detailed filing. Detailed filing data is available for this year.$45.4$5.97$39.5$2.21$1.68$0.53
2019Detailed filing. Detailed filing data is available for this year.$44.2$4.36$39.9$1.99$1.60$0.39
2018Detailed filing. Detailed filing data is available for this year.$43.7$4.16$39.6$1.82$1.64$0.17
2017Detailed filing. Detailed filing data is available for this year.$43.2$4.58$38.7$1.69$1.70$0.01
2016Detailed filing. Detailed filing data is available for this year.$40.5$4.50$36.0$0.88$1.67$0.79
2015Detailed filing. Detailed filing data is available for this year.$42.7$4.27$38.4$2.45$2.32$0.13
2014Detailed filing. Detailed filing data is available for this year.$41.1$0.08$41.0$2.60$1.61$0.99
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$37.5$0.09$37.4$1.44
2012Summary only. Only limited summary data is available for this year.$35.1$0.08$35.0$1.43$1.71$0.28
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$37.3$0.07$37.3$1.84
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.2$0.01$33.2$1.66