Civic Intelligence

United Methodist Higher Education Foundation

990 • Fiscal year 2015 • EIN 23-7077869

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 10, 2016

PO Box 340005Nashville, TN 37203-0005

(615) 649-3990

Siviq Scores

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

Liabilities / Assets

15th percentile

0.02x

Higher debt load relative to assets than 15% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

46th percentile

0.28x

Higher debt load relative to revenue than 46% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Net Margin

85th percentile

33%

Higher net margin than 85% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

39th percentile

$205,491

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 5.2% of source-year revenue.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Asset Growth

13th percentile

-6.0%

Faster asset growth than 13% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Revenue Growth

10th percentile

-25%

Faster revenue growth than 10% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Assets

Down

$48,743,807

Down $3,130,018 (-6.0%) from 2014

Net Assets

Down

$47,616,114

Down $3,584,844 (-7.0%) from 2014

Liabilities

Up

$1,127,693

Up $454,826 (+68%) from 2014

Revenue

Down

$3,970,643

Down $1,297,273 (-25%) from 2014

Expenses

Up

$2,667,880

Up $12,250 (+0.5%) from 2014

Net Income

Down

$1,302,763

Down $1,309,523 (-50%) from 2014

Historical Trend

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2011: $43,754,507Liabilities 2011: $1,209,080Net Assets 2011: $42,545,4272011Assets 2012: $47,947,574Liabilities 2012: $2,404,465Net Assets 2012: $45,543,1092012Assets 2013: $54,012,232Liabilities 2013: $1,294,293Net Assets 2013: $52,717,9392013Assets 2014: $51,873,825Liabilities 2014: $672,867Net Assets 2014: $51,200,9582014Assets 2015: $48,743,807Liabilities 2015: $1,127,693Net Assets 2015: $47,616,1142015Assets 2016: $49,210,435Liabilities 2016: $669,589Net Assets 2016: $48,540,8462016Assets 2017: $55,055,161Liabilities 2017: $434,430Net Assets 2017: $54,620,7312017Assets 2018: $49,721,054Liabilities 2018: $410,284Net Assets 2018: $49,310,7702018Assets 2019: $58,333,116Liabilities 2019: $584,350Net Assets 2019: $57,748,7662019Assets 2020: $67,178,312Liabilities 2020: $663,877Net Assets 2020: $66,514,4352020Assets 2021: $70,761,968Liabilities 2021: $879,591Net Assets 2021: $69,882,3772021Assets 2022: $56,702,890Liabilities 2022: $812,426Net Assets 2022: $55,890,4642022Assets 2023: $61,866,679Liabilities 2023: $531,422Net Assets 2023: $61,335,2572023Assets 2024: $64,085,514Liabilities 2024: $458,958Net Assets 2024: $63,626,5562024

Highlighted filing

2015

Assets$48,743,807
Liabilities$1,127,693
Net Assets$47,616,114

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $2,410,6612011Expenses 2012: $2,474,8342012Revenue 2013: $5,748,248Expenses 2013: $2,543,059Net Income 2013: $3,205,1892013Revenue 2014: $5,267,916Expenses 2014: $2,655,630Net Income 2014: $2,612,2862014Revenue 2015: $3,970,643Expenses 2015: $2,667,880Net Income 2015: $1,302,7632015Revenue 2016: $2,936,032Expenses 2016: $2,630,436Net Income 2016: $305,5962016Revenue 2017: $1,354,869Expenses 2017: $2,367,741Net Income 2017: -$1,012,8722017Revenue 2018: $1,714,333Expenses 2018: $2,456,481Net Income 2018: -$742,1482018Revenue 2019: $6,709,879Expenses 2019: $2,407,077Net Income 2019: $4,302,8022019Revenue 2020: $1,756,958Expenses 2020: $2,415,236Net Income 2020: -$658,2782020Revenue 2021: $1,398,493Expenses 2021: $2,427,930Net Income 2021: -$1,029,4372021Revenue 2022: $2,034,614Expenses 2022: $2,391,061Net Income 2022: -$356,4472022Revenue 2023: $2,391,247Expenses 2023: $2,736,377Net Income 2023: -$345,1302023Revenue 2024: $3,744,288Expenses 2024: $2,861,543Net Income 2024: $882,7452024

Highlighted filing

2015

Revenue$3,970,643
Expenses$2,667,880
Net Income$1,302,763
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 10, 2016
Return Version
2015v2.1
Gross Receipts
$22,591,671
Mission and Program Overview

Mission

The organization was established to develop and manage funds for scholarships for united methodist students attending united methodist related schools.

United methodist higher education foundation provides on average in excess of $2 million in scholarship funding through its collaborative programs. In pursuit of that goal, the foundation hosts endowment fundraising events and programs to raise scholarship dollars.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$50,890,437$47,877,266▼ $3,013,171
Cash and Non-Interest-Bearing Accounts$811,301$699,809▼ $111,492
Land, Buildings, and Equipment, Net$29,963$17,858▼ $12,105
Total Assets$51,873,825$48,743,807▼ $3,130,018
Other Assets Total$142,124$148,874▲ $6,750
Liabilities
Accounts Payable and Accrued Expenses$351,567$875,774▲ $524,207
Other Liabilities$321,300$251,919▼ $69,381
Total Liabilities$672,867$1,127,693▲ $454,826
Net Assets / Fund Balance
Unrestricted Net Assets$25,971,726$23,481,337▼ $2,490,389
Temporarily Rstr Net Assets$14,229,137$12,981,231▼ $1,247,906
Permanently Rstr Net Assets$11,000,095$11,153,546▲ $153,451
Total Net Assets Fund Balance$51,200,958$47,616,114▼ $3,584,844
Total Liabilities and Net Assets / Fund Balance$51,873,825$48,743,807▼ $3,130,018

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$17,858$46,855-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert R FletcherPresident/CEOFT$172,380$33,111$205,491
Revenue and Support

Revenue Composition

Contributions and Grants
$339,655
Program Service Revenue
$0
Investment Income
$3,630,988
Other Revenue
$0
All Other Contributions
$339,655
Change in Net Assets
$1,302,763

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,714,441
Revenue Not Reported on Financial Statements
$256,202
Revenue Not Reported on Form 990
$-4,817,531
Total Revenue per Audited Statements
$-1,103,090
Total Revenue per Form 990
$3,970,643
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,365,797
Other Expenses$690,163
Salaries, Compensation, and Employee Benefits$611,920
Total Fundraising Expense$291,087
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$1,358,797--$1,358,797
Other Salaries and Wages$98,192$146,411$46,742$291,345
Fees for Service Investment Mgmnt Fees$265,655--$265,655
Current Officers, Directors, Trustees, and Key Employees$51,714$34,476$86,190$172,380
Occupancy$19,296$60,745$12,864$92,905
Other Employee Benefits$30,989$24,329$18,180$73,498
Conferences and Meetings$23,225$15,982$31,555$70,762
Pension Plan Contributions$17,291$20,865$15,333$53,489
Office Expenses$15,419$13,411$18,156$46,986
Travel$12,931$8,748$21,621$43,300
Advertising$6,950$2,563$20,216$29,729
Payroll Taxes$6,855$8,273$6,080$21,208
Information Technology$11,065$3,849$4,950$19,864
Fees for Services Accounting-$16,650-$16,650
Depreciation Depletion$4,514$5,447$4,003$13,964
Insurance$2,183$9,923$1,456$13,562
Grants to Domestic Orgs$7,000--$7,000
Other Expenses$5,537$3,677$3,741$3,677
Fees for Services Legal-$1,300-$1,300
All Other Expenses$-70,433--$-70,433
Total Functional Expenses$1,993,990$382,803$291,087$2,667,880

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,667,880
Expenses per Audited Statements$2,411,678
Total Expenses per Audited Statements$2,411,678
Expenses Not Reported on Financial Statements$256,202
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
National Association of Schools Colleges & Universities of the UmcNashville, TN-To Support United Methodist Higher Education$7,000
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
Crut Liability$186,056
Clut Liability$65,863
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The united methodist higher education foundation trustees are elected by the division of higher education of the general board of higher education and ministry of the united methodist church.

Form 990, Part VI, Section B, Line 11

A draft of the form 990 is provided to the audit committee with a period of two days to review. Authorization to file is provided by the audit committee chair immediately following the review period.

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

Any disclosures are questioned in depth to ensure propriety.

Form 990, Part VI, Section B, Line 15

The president/ceo's salary is evaluated and approved, annually, by the board's executive committee. The president/ceo evaluates and approves, annually, all foundation staff salaries.

Form 990, Part VI, Section C, Line 19

All documents are available physically in the office. Financial information is also reported on the umhef website.

Filing and Contact Details

Filer

Filer Name
United Methodist Higher Education
EIN
23-7077869
Phone
6156493990
Address
PO BOX 340005, NASHVILLE, TN 37203-0005

Signing Officer

Name
Robert R Fletcher
Title
President
Phone
6156493990
Signed
2016-08-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert R Fletcher
Formed
1965
Legal Domicile
Tn
Voting Board Members
28
Independent Board Members
0
Employees
8
Volunteers
40

Preparer

Firm
Mullins Clemmons & Mayes Pllc
Address
320 SEVEN SPRINGS WAY SUITE 120, BRENTWOOD, TN 37027
Preparer
Larry Mullins
Phone
6153708576
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Transfer of funds to other foundations -70,076.

Raw XML AppendixShowing 400 of 706 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm19ELIZABETH CORN OGIE
IRS990/Form990PartVIISectionAGrp/PersonNm20ROBERT S ROTHE
IRS990/Form990PartVIISectionAGrp/PersonNm21MARY DECKER
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IRS990/Form990PartVIISectionAGrp/PersonNm23WALTER MCKELVEY
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IRS990/Form990PartVIISectionAGrp/PersonNm25BILL VOGEL
IRS990/Form990PartVIISectionAGrp/PersonNm26ABBY AUMAN
IRS990/Form990PartVIISectionAGrp/PersonNm27DAVID MCALLISTER-WILSON
IRS990/Form990PartVIISectionAGrp/PersonNm28CHARLES SAVAGE
IRS990/Form990PartVIISectionAGrp/PersonNm29BARBARA DADD SHAFFER
IRS990/Form990PartVIISectionAGrp/PersonNm30VALERIE W STULTZ
IRS990/Form990PartVIISectionAGrp/PersonNm31WAYNE MOY
IRS990/Form990PartVIISectionAGrp/PersonNm32TRUDIE KIBBE REED
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt290
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt310
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt320
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt330
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt340
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt350
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
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IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt21TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt22CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt23TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt24TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt25TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt26TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt27TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt28TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt29TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt30SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt31TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt32TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt33TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt34TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt35TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt36PRESIDENT/CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01965
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt02620481
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt028
IRS990/GrantAmt01365797
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01358797
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IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt07000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt07000
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt021241509
IRS990/GrossReceiptsAmt022591671
IRS990/GroupReturnForAffiliatesInd00
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IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt04950
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt03849
IRS990/InformationTechnologyGrp/ProgramServicesAmt011065
IRS990/InformationTechnologyGrp/TotalAmt019864
IRS990/InsuranceGrp/FundraisingAmt01456
IRS990/InsuranceGrp/ManagementAndGeneralAmt09923
IRS990/InsuranceGrp/ProgramServicesAmt02183
IRS990/InsuranceGrp/TotalAmt013562
IRS990/InvestmentIncomeGrp/ExclusionAmt01010507
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01010507
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt050890437
IRS990/InvestmentsPubTradedSecGrp/EOYAmt047877266
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt046855
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt017858
IRS990/LandBldgEquipCostOrOtherBssAmt064713
IRS990/LegalDomicileStateCd0TN
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt018621028
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$64.1$0.46$63.6$3.74$2.86$0.88
2023Detailed filing. Detailed filing data is available for this year.$61.9$0.53$61.3$2.39$2.74$0.35
2022Detailed filing. Detailed filing data is available for this year.$56.7$0.81$55.9$2.03$2.39$0.36
2021Detailed filing. Detailed filing data is available for this year.$70.8$0.88$69.9$1.40$2.43$1.03
2020Detailed filing. Detailed filing data is available for this year.$67.2$0.66$66.5$1.76$2.42$0.66
2019Detailed filing. Detailed filing data is available for this year.$58.3$0.58$57.7$6.71$2.41$4.30
2018Detailed filing. Detailed filing data is available for this year.$49.7$0.41$49.3$1.71$2.46$0.74
2017Detailed filing. Detailed filing data is available for this year.$55.1$0.43$54.6$1.35$2.37$1.01
2016Detailed filing. Detailed filing data is available for this year.$49.2$0.67$48.5$2.94$2.63$0.31
2015Detailed filing. Detailed filing data is available for this year.$48.7$1.13$47.6$3.97$2.67$1.30
2014Detailed filing. Detailed filing data is available for this year.$51.9$0.67$51.2$5.27$2.66$2.61
2013Detailed filing. Detailed filing data is available for this year.$54.0$1.29$52.7$5.75$2.54$3.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$47.9$2.40$45.5$2.47
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$43.8$1.21$42.5$2.41