Civic Intelligence

Nebraska United Methodist Foundation

990 • Fiscal year 2014 • EIN 47-0844886

Jan 01, 2014 to Dec 31, 2014 • Filed on Sep 08, 2015

100 W Fletcher Ave Suite 100Lincoln, NE 68521

(402) 323-8843

Siviq Scores

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

Liabilities / Assets

77th percentile

0.62x

Higher debt load relative to assets than 77% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Liabilities / Revenue

96th percentile

7.05x

Higher debt load relative to revenue than 96% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Net Margin

96th percentile

74%

Higher net margin than 96% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Top Officer Pay

6th percentile

$0

Higher top officer pay than 6% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Asset Growth

52nd percentile

4.8%

Faster asset growth than 52% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2013 to 2014

Revenue Growth

97th percentile

194%

Faster revenue growth than 97% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2013 to 2014

Assets

Up

$33,244,278

Up $1,525,868 (+4.8%) from 2013

Net Assets

Up

$12,656,427

Up $1,553,739 (+14%) from 2013

Liabilities

Down

$20,587,851

Down $27,871 (-0.1%) from 2013

Revenue

Up

$2,918,521

Up $1,925,918 (+194%) from 2013

Expenses

Up

$756,804

Up $99,737 (+15%) from 2013

Net Income

Up

$2,161,717

Up $1,826,181 (+544%) from 2013

Historical Trend

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2013: $31,718,410Liabilities 2013: $20,615,722Net Assets 2013: $11,102,6882013Assets 2014: $33,244,278Liabilities 2014: $20,587,851Net Assets 2014: $12,656,4272014Assets 2015: $37,312,451Liabilities 2015: $24,794,754Net Assets 2015: $12,517,6972015Assets 2016: $39,311,422Liabilities 2016: $25,739,392Net Assets 2016: $13,572,0302016Assets 2017: $43,682,124Liabilities 2017: $28,544,515Net Assets 2017: $15,137,6092017Assets 2018: $42,384,717Liabilities 2018: $28,637,789Net Assets 2018: $13,746,9282018Assets 2019: $47,779,270Liabilities 2019: $33,267,167Net Assets 2019: $14,512,1032019Assets 2020: $52,277,157Liabilities 2020: $36,632,873Net Assets 2020: $15,644,2842020Assets 2021: $58,650,709Liabilities 2021: $41,627,435Net Assets 2021: $17,023,2742021Assets 2022: $52,081,345Liabilities 2022: $37,166,711Net Assets 2022: $14,914,6342022Assets 2023: $56,749,159Liabilities 2023: $40,668,173Net Assets 2023: $16,080,9862023Assets 2024: $61,064,467Liabilities 2024: $43,292,978Net Assets 2024: $17,771,4892024

Highlighted filing

2014

Assets$33,244,278
Liabilities$20,587,851
Net Assets$12,656,427

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $992,603Expenses 2013: $657,067Net Income 2013: $335,5362013Revenue 2014: $2,918,521Expenses 2014: $756,804Net Income 2014: $2,161,7172014Revenue 2015: $1,338,775Expenses 2015: $804,260Net Income 2015: $534,5152015Revenue 2016: $1,685,740Expenses 2016: $933,712Net Income 2016: $752,0282016Revenue 2017: $1,743,022Expenses 2017: $768,643Net Income 2017: $974,3792017Revenue 2018: $1,455,955Expenses 2018: $1,324,717Net Income 2018: $131,2382018Revenue 2019: $1,742,811Expenses 2019: $2,279,078Net Income 2019: -$536,2672019Revenue 2020: $1,551,878Expenses 2020: $1,031,942Net Income 2020: $519,9362020Revenue 2021: $2,012,304Expenses 2021: $1,262,996Net Income 2021: $749,3082021Revenue 2022: $2,439,955Expenses 2022: $1,832,811Net Income 2022: $607,1442022Revenue 2023: $985,370Expenses 2023: $1,132,084Net Income 2023: -$146,7142023Revenue 2024: $2,389,771Expenses 2024: $1,260,751Net Income 2024: $1,129,0202024

Highlighted filing

2014

Revenue$2,918,521
Expenses$756,804
Net Income$2,161,717
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Sep 8, 2015
Return Version
2014v5.0
Gross Receipts
$2,943,566
Mission and Program Overview

Mission

The mission of the nebraska united methodist foundation is to support the work of the united methodist church in the state of nebraska and institutions, organizations, and projects related to the united methodist church within the state of nebraska for the glorification of god.

The mission of the nebraska united methodist foundation is to support the work of the united methodist church in the state of nebraska and institutions, organizations and projects related to the united methodist church within the state of nebraska for the glorification of god.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$26,827,582$28,093,966▲ $1,266,384
Savings and Temporary Cash Investments$1,683,997$2,039,928▲ $355,931
Land, Buildings, and Equipment, Net$1,384,113$1,312,628▼ $71,485
Other Notes and Loans Receivable, Net$64,373$56,373▼ $8,000
Investments Other Securities$5,852$5,852→ $0
Accounts Receivable$114--
Total Assets$31,718,410$33,244,278▲ $1,525,868
Other Assets Total$1,752,379$1,735,531▼ $16,848
Liabilities
Escrow Account Liability$20,594,653$19,993,435▼ $601,218
Other Liabilities-$594,314-
Accounts Payable and Accrued Expenses$21,069$102▼ $20,967
Total Liabilities$20,615,722$20,587,851▼ $27,871
Net Assets / Fund Balance
Permanently Rstr Net Assets$6,459,665$6,983,066▲ $523,401
Unrestricted Net Assets$3,515,682$3,315,711▼ $199,971
Temporarily Rstr Net Assets$1,127,341$2,357,650▲ $1,230,309
Total Net Assets Fund Balance$11,102,688$12,656,427▲ $1,553,739
Total Liabilities and Net Assets / Fund Balance$31,718,410$33,244,278▲ $1,525,868

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$364,456$86,813$451,269
Land$918,730-$100,000
Equipment$29,442$19,964$49,406
Other Assets Org$3,000--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$7,033,982$1,918,811▲ $488,074$147,677$9,132,799
2013$6,218,628$305,616▲ $817,129$82,039$7,033,982
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,153,160
Program Service Revenue
$201,264
Investment Income
$605,720
Other Revenue
$-41,623
All Other Contributions
$2,153,160
Change in Net Assets
$2,161,717

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Closely Held Stock1$1,500,000Sale Price
Securities Publicly Traded4$100,320Sale Price
Other Non Cash Contri Table1$13,375Sale Price
Total Noncash Contributions6$1,613,695-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$365,951
Salaries, Compensation, and Employee Benefits$222,183
Other Expenses$168,670
Total Fundraising Expense$83,424
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$357,401--$357,401
Other Salaries and Wages$59,917$71,014$50,119$181,050
Fees for Service Investment Mgmnt Fees-$35,230-$35,230
Occupancy$10,287$12,192$8,605$31,084
Other Employee Benefits$5,061$11,901$2,531$19,493
Information Technology$1,070$11,939$3,610$16,619
Depreciation Depletion$5,729$4,236$5,145$15,110
Payroll Taxes$4,506$5,314$3,796$13,616
Office Expenses-$12,864-$12,864
Travel$6,007-$6,007$12,014
Fees for Services Accounting-$10,678-$10,678
Fees for Services Legal-$9,508-$9,508
Grants to Domestic Individuals$8,550--$8,550
Pension Plan Contributions$2,616$4,121$1,287$8,024
Conferences and Meetings$4,734$2,469-$7,203
Insurance-$5,273-$5,273
Fees for Services Other-$2,002-$2,002
Advertising--$1,174$1,174
Other Expenses$1,130$144$414$414
Total Functional Expenses$467,744$205,636$83,424$756,804
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
North Platte 1st United MethodistNorth Platte, NE501c3Capital Campgn/organ$76,677
Morningside CollegeSioux City, IA501c3Greatest Needs$50,000
Columbus 1st United Methodist ChColumbus, NE501c3Christian Center$25,000
Little Leaps Preschool-milford UmcMilford, NE501c3Preschool Operations$16,000
Perkins School of TheologyDallas, TX501c3Greatest Needs$13,868
Alpha Gamma Rho Kamma FoundationLincoln, NE501c3Education$12,277
Tekamah United Mtehodist ChurchTekamah, NE501c3Cornish Memorial$10,601
First United Methodist Ch OgallalaOgallala, NE501c3Roof Repair/gutters$10,536
1st United Methodist Ch York FdnYork, NE501c3Scholarships$10,000
Norfolk 1st United Methodist ChurchNorfolk, NE501c3Greatest Needs$10,000
Chadron United Methodist ChurchChadron, NE501c3Greatest Needs$9,398
Praire View United Methodist ChurchLincoln, NE501c3Youth/greatest Needs$9,380
Aldersgate United Methodist ChurchLincoln, NE501c3Greatest Needs$7,858
Franklin 1st United Methodist ChurcFranklin, NE501c3Greatest Needs$5,578
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
Annuity Obligations$594,314
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No
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, Page 6, Part VI, Line 11B

The foundation's treasurer reviews form 990 prior to filing.

Form 990, Page 6, Part VI, Line 12C

The organization requires annual disclosures of potential conflicts from board members, which reminds them of the policy.

Form 990, Page 6, Part VI, Line 15A

The salary budget is approved by the board of directors. The personnel committee determines the executive director's salary on an annual basis. The executive director determines salaries for the remainder of the staff. No individual's salary exceeded 100,000.

Form 990, Page 6, Part VI, Line 19

Governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Nebr United Methodist Foundation
EIN
47-0844886
Phone
4023238843
Address
100 W FLETCHER AVE SUITE 100, LINCOLN, NE 68521

Signing Officer

Name
Doug Skiles
Title
Chairman
Phone
4023238843
Signed
2015-09-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Doug Skiles
Formed
1965
Legal Domicile
Ne
Voting Board Members
16
Independent Board Members
16
Employees
5
Volunteers
17

Preparer

Firm
Strain Slattery Barkley & Cocpas Pc
Address
7130 SOUTH 29TH STREET SUITE F, LINCOLN, NE 68516
Preparer
Laura J Lawrence
Phone
4024207300
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of the nebraska united methodist foundation is to support the work of the united methodist church in the state of nebraska and institutions, organizations and projects related to the united methodist church within the state of nebraska for the glorification of god.

Form 990, Page 1, Part I, Line 6

All officers and board members serve on a volunteer basis.

Form 990, Part XI, Line 9

Restatement of opening net assets (prior period adjustment): the foundation underwent its first financial statement audit in 2014 and filed its first form 990 in 2013. As part of the audit process, certain opening balances were adjusted to conform with financial reporting standards. The opening balance adjustment was to record liabilities related to charitable gift annuities and charitable remainder trusts and to adjust depreciable assets.

Form 990, Page 12, Part XII, Line 2C

The foundation's board of directors approves the independent auditor and the foundation's accounting policies. 2014 is the first year that the foundation has been audited.

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

The foundation managed 458 accounts for the benefit of churches and church affiliated organizations by providing investment, accounting and administrative services.

Schedule D, Page 2, Part V, Line 4

The foundation maintains 179 endowed funds that support various churches and church-related programs or provide general support to the foundation, as specified by the donors (in the case of restricted endowment) or by the board of directors (in the case of quasi-endowment).

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IRS990/MissionDesc0THE MISSION OF THE NEBRASKA UNITED METHODIST FOUNDATION IS TO SUPPORT THE WORK OF THE UNITED METHODIST CHURCH IN THE STATE OF NEBRASKA AND INSTITUTIONS, ORGANIZATIONS AND PROJECTS RELATED TO THE UNITED METHODIST CHURCH WITHIN THE STATE OF NEBRASKA FOR THE GLORIFICATION OF GOD.
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IRS990/OtherExpensesGrp/Desc2DUES AND SUBSCRIPTIONS
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IRS990/OtherExpensesGrp/TotalAmt21274
IRS990/OtherExpensesGrp/TotalAmt3414
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IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1-5749
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IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MONETARY SUPPORT TO CHURCHES ON PART I, LINE 11G REPRESENTS THE AMOUNT DISTRIBUTED FROM FUNDS CONTROLLED BY THE FOUNDATION. IN ADDITION, THE FOUNDATION DISTRIBUTED 2,283,063 FROM FUNDS MANAGED FOR VARIOUS METHODIST CHURCHES AND AFFILIATED ORGANIZATIONS UNDER AGENCY AGREEMENTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SUPPLEMENTAL INFORMATION
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0GREAT PLAINS CONFERENCE OF THE UNITED METHODIST CHURCH
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$61.1$43.3$17.8$2.39$1.26$1.13
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$56.7$40.7$16.1$0.99$1.13$0.15
2022Detailed filing. Detailed filing data is available for this year.$52.1$37.2$14.9$2.44$1.83$0.61
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$58.7$41.6$17.0$2.01$1.26$0.75
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$52.3$36.6$15.6$1.55$1.03$0.52
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$47.8$33.3$14.5$1.74$2.28$0.54
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$42.4$28.6$13.7$1.46$1.32$0.13
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$43.7$28.5$15.1$1.74$0.77$0.97
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$39.3$25.7$13.6$1.69$0.93$0.75
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$37.3$24.8$12.5$1.34$0.80$0.53
2014Detailed filing. Detailed filing data is available for this year.$33.2$20.6$12.7$2.92$0.76$2.16
2013Detailed filing. Detailed filing data is available for this year.$31.7$20.6$11.1$0.99$0.66$0.34
Peer Organizations

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