Civic Intelligence

Mississippi United Methodist Foundation Inc.

990 • Fiscal year 2018 • EIN 64-0507167

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

Post Office Box 2415Ridgeland, MS 39158-2415

(601) 948-8845

Siviq Scores

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

Liabilities / Assets

80th percentile

0.73x

Higher debt load relative to assets than 80% of similar nonprofits.

2018 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2018

Liabilities / Revenue

97th percentile

14.25x

Higher debt load relative to revenue than 97% of similar nonprofits.

2018 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2018

Net Margin

88th percentile

38%

Higher net margin than 88% of similar nonprofits.

2018 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2018

Top Officer Pay

6th percentile

$148,532

Higher top officer pay than 6% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2018 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2018

Asset Growth

8th percentile

-8.6%

Faster asset growth than 8% of similar nonprofits.

2018 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2017 to 2018

Revenue Growth

15th percentile

-8.0%

Faster revenue growth than 15% of similar nonprofits.

2018 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2017 to 2018

Assets

Down

$110,230,092

Down $10,311,053 (-8.6%) from 2017

Net Assets

Down

$30,043,621

Down $7,520,322 (-20%) from 2017

Liabilities

Down

$80,186,471

Down $2,790,731 (-3.4%) from 2017

Revenue

Down

$5,626,555

Down $491,358 (-8.0%) from 2017

Expenses

Down

$3,509,054

Down $830,551 (-19%) from 2017

Net Income

Up

$2,117,501

Up $339,193 (+19%) from 2017

Historical Trend

Balance Sheet Trend

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

$200M$150M$100M$50M$0Assets 2010: $85,109,916Liabilities 2010: $66,886,109Net Assets 2010: $18,223,8072010Assets 2011: $83,692,458Liabilities 2011: $67,228,173Net Assets 2011: $16,464,2852011Assets 2012: $93,159,314Liabilities 2012: $71,348,722Net Assets 2012: $21,810,5922012Assets 2013: $104,491,791Liabilities 2013: $75,095,278Net Assets 2013: $29,396,5132013Assets 2014: $106,455,475Liabilities 2014: $75,076,599Net Assets 2014: $31,378,8762014Assets 2015: $101,282,353Liabilities 2015: $74,374,712Net Assets 2015: $26,907,6412015Assets 2016: $110,332,440Liabilities 2016: $80,157,113Net Assets 2016: $30,175,3272016Assets 2017: $120,541,145Liabilities 2017: $82,977,202Net Assets 2017: $37,563,9432017Assets 2018: $110,230,092Liabilities 2018: $80,186,471Net Assets 2018: $30,043,6212018Assets 2019: $119,572,860Liabilities 2019: $79,978,449Net Assets 2019: $39,594,4112019Assets 2020: $136,557,388Liabilities 2020: $85,738,365Net Assets 2020: $50,819,0232020Assets 2021: $147,699,774Liabilities 2021: $88,874,421Net Assets 2021: $58,825,3532021Assets 2022: $134,579,449Liabilities 2022: $92,122,457Net Assets 2022: $42,456,9922022Assets 2023: $148,715,980Liabilities 2023: $98,554,819Net Assets 2023: $50,161,1612023Assets 2024: $169,480,247Liabilities 2024: $113,522,605Net Assets 2024: $55,957,6422024

Highlighted filing

2018

Assets$110,230,092
Liabilities$80,186,471
Net Assets$30,043,621

Operations Trend

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

$10M$5.0M$0-$5.0M-$10MExpenses 2010: $3,304,4672010Expenses 2011: $3,386,2352011Expenses 2012: $3,191,0982012Revenue 2013: $5,172,233Expenses 2013: $3,091,919Net Income 2013: $2,080,3142013Revenue 2014: $5,971,182Expenses 2014: $3,502,785Net Income 2014: $2,468,3972014Revenue 2015: $6,015,767Expenses 2015: $2,922,634Net Income 2015: $3,093,1332015Revenue 2016: $2,266,587Expenses 2016: $2,713,229Net Income 2016: -$446,6422016Revenue 2017: $6,117,913Expenses 2017: $4,339,605Net Income 2017: $1,778,3082017Revenue 2018: $5,626,555Expenses 2018: $3,509,054Net Income 2018: $2,117,5012018Revenue 2019: $7,003,190Expenses 2019: $3,562,742Net Income 2019: $3,440,4482019Revenue 2020: -$3,354,925Expenses 2020: $2,444,268Net Income 2020: -$5,799,1932020Revenue 2021: -$799,975Expenses 2021: $2,544,683Net Income 2021: -$3,344,6582021Revenue 2022: $6,271,287Expenses 2022: $2,978,623Net Income 2022: $3,292,6642022Revenue 2023: $1,667,660Expenses 2023: $5,636,236Net Income 2023: -$3,968,5762023Revenue 2024: $5,080,088Expenses 2024: $7,161,146Net Income 2024: -$2,081,0582024

Highlighted filing

2018

Revenue$5,626,555
Expenses$3,509,054
Net Income$2,117,501
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$81,847,074
Mission and Program Overview

Mission

The mississippi united methodist foundation resources the church for effective ministry and fruitful generosity.

The ms united methodist fnd resources the church for effective ministry & fruitful generosity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$113,740,260$103,029,332▼ $10,710,928
Cash and Non-Interest-Bearing Accounts$4,833,277$5,267,851▲ $434,574
Land, Buildings, and Equipment, Net$1,845,469$1,788,544▼ $56,925
Accounts Receivable$122,139$144,365▲ $22,226
Total Assets$120,541,145$110,230,092▼ $10,311,053
Liabilities
Escrow Account Liability$82,933,700$80,148,107▼ $2,785,593
Accounts Payable and Accrued Expenses$43,502$38,364▼ $5,138
Total Liabilities$82,977,202$80,186,471▼ $2,790,731
Net Assets / Fund Balance
Unrestricted Net Assets$21,856,836$14,284,678▼ $7,572,158
Permanently Rstr Net Assets$13,039,619$14,192,753▲ $1,153,134
Temporarily Rstr Net Assets$2,667,488$1,566,190▼ $1,101,298
Total Net Assets Fund Balance$37,563,943$30,043,621▼ $7,520,322
Total Liabilities and Net Assets / Fund Balance$120,541,145$110,230,092▼ $10,311,053

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,140,193$568,453$1,708,646
Land$616,122-$616,122
Equipment$32,229$273,472$305,701
Other Securities$30,543,773--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$15,707,107$922,972▼ $430,503-$15,758,943
2017$13,345,070$1,532,876▲ $1,226,233$257,511$15,707,107
2016$12,110,178$1,035,039▲ $570,719$238,956$13,345,070
2015$11,441,361$1,341,876▼ $55,237$416,991$12,110,178
2014$11,239,221$324,573▲ $351,856$287,099$11,441,361
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard M HicksExecutive DirectorFT$92,970$55,562$148,532
Mary Lee ReedAssociate Director / CFOFT$89,142$22,652$111,794
Billie SpraberryTreasurerFT$78,899$20,184$99,083

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$922,972
Program Service Revenue
$154,788
Investment Income
$4,545,607
Other Revenue
$3,188
All Other Contributions
$922,972
Change in Net Assets
$2,117,501

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,288,590
Revenue Not Reported on Financial Statements
$337,965
Revenue Not Reported on Form 990
$-10,069,121
Total Revenue per Audited Statements
$-4,780,531
Total Revenue per Form 990
$5,626,555
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,618,031
Salaries, Compensation, and Employee Benefits$450,390
Grants and Similar Amounts Paid$440,633
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$1,990,737--$1,990,737
Fees for Services Management$337,965--$337,965
Grants to Domestic Orgs$328,083--$328,083
Current Officers, Directors, Trustees, and Key Employees$150,318$133,301-$283,619
Grants to Domestic Individuals$112,550--$112,550
Other Employee Benefits$49,504$43,900-$93,404
Depreciation Depletion$14,231$42,694-$56,925
Fees for Services Accounting-$50,205-$50,205
Comp Disqual Persons$19,663$17,437-$37,100
Occupancy$8,963$26,891-$35,854
Other Expenses$58,975$20,397-$20,397
Pension Plan Contributions$10,772$9,552-$20,324
Payroll Taxes$8,450$7,493-$15,943
Fees for Services Legal-$4,141-$4,141
Total Functional Expenses$3,090,211$418,843$0$3,509,054

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,509,054
Expenses per Audited Statements$3,171,089
Total Expenses per Audited Statements$3,171,089
Expenses Not Reported on Financial Statements$337,965
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
ST LUKE'S UMCJackson, MS501(c)3Fulfill Charitable Intent of Endowment$22,485
Ms Conference of the UmcJackson, MS501(c)3Fulfill Charitable Intent of Endowment$13,802
Ms Conference of the Umc Hattiesburg DistrictHattiesburg, MS501(c)3Fulfill Charitable Intent of Endowment$6,000
Millsaps CollegeJackson, MS501(c)3Fulfill Charitable Intent of Endowment$5,922
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
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
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 mississippi annual conference of united methodist church has the sole authority to elect the membership of the board of directors of the mississippi methodist foundation, inc.

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

The executive director, treasurer, and associate director review the 990 prior to filing. The associate director and the treasurer agree numbers from the form back to the audited financial statements.

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

Conflict of interest policy annual disclosure requirements - all board members and employees shall review and sign a copy of the conflict of interest policy annually. Written record of any possible conflict of any adjustments made to avoid possible conflicts of interest shall be kept by the executive director or where applicable the board chair. The governing board shall authorize and oversee an annual review of the administration of this conflict of interest policy. The review may be written or oral. The review shall consider the level of compliance with the policy, the continuing suitability of the policy, and whether the policy should be modified and improved.

Form 990, Part VI, Section B, Line 15

The personnel and nominations committee is composed of seven members of the board of trustees. This committee reviews and evaluates the annual performance of the executive director. The committee, along with executive director, shall evaluate the performance of the staff of the foundation each year based on current economic indicators, compensation levels of similar entities, and job performance. The committee makes recommendations to the finance committee as to the remuneration of the staff.

Form 990, Part VI, Section C, Line 19

Mississippi united methodist foundation makes available any financial statements, investment policies, tax information, and other administrative policies as requested.

Filing and Contact Details

Filer

Filer Name
Mississippi Methodist
EIN
64-0507167
Phone
6019488845
Address
POST OFFICE BOX 2415, RIDGELAND, MS 39158-2415

Signing Officer

Name
Billie Spraberry
Title
Treasurer
Phone
6019488845
Signed
2019-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Billie Spraberry
Formed
1967
Legal Domicile
Ms
Voting Board Members
27
Independent Board Members
25
Employees
4
Volunteers
25

Preparer

Firm
Matthews Cutrer & Lindsay Pa
Address
599 C STEED ROAD, RIDGELAND, MS 39157
Preparer
Charles R Lindsay CPA
Phone
6018988875
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Assets released from restrictions 440,633.

Part XII Line 2C - Process of Committee Oversight of the Fin Stmt Audit

The auditor meets with the board of directors making a full presentation at the completion of the audit for the year answering any of the board's questions. The auditor works close with the board of directors and the staff during the year should any concerns arise.

Financial Statement Notes

PART IV, LINE 2B:

Assets are transferred to the foundation for investment management purposes. The assets are owned and controlled by the depositor. The assets are held by the foundation in a custodial capacity only for investment purposes and not as a trust.

PART V, LINE 4:

To provide scholarships for college and seminary students, to provide for church programs, and for the maintenance of cemeteries, property, plant and equipment.

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IRS990/Form990PartVIISectionAGrp/PersonNm9JEFFERY S SHANNON
IRS990/Form990PartVIISectionAGrp/PersonNm10JESSE L ROSS JR
IRS990/Form990PartVIISectionAGrp/PersonNm11JOE LANDRUM
IRS990/Form990PartVIISectionAGrp/PersonNm12JOE N BAILEY III
IRS990/Form990PartVIISectionAGrp/PersonNm13JOHN DAVID ROBINSON
IRS990/Form990PartVIISectionAGrp/PersonNm14JOHN MOORE
IRS990/Form990PartVIISectionAGrp/PersonNm15KELLY RILEY
IRS990/Form990PartVIISectionAGrp/PersonNm16LESTER MYERS
IRS990/Form990PartVIISectionAGrp/PersonNm17MITCHELL B HEDGEPETH
IRS990/Form990PartVIISectionAGrp/PersonNm18RAYMOND MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm19RON WHITEHEAD
IRS990/Form990PartVIISectionAGrp/PersonNm20TIM PRATHER
IRS990/Form990PartVIISectionAGrp/PersonNm21TOM MCCORMICK
IRS990/Form990PartVIISectionAGrp/PersonNm22TURNER ARANT
IRS990/Form990PartVIISectionAGrp/PersonNm23WADE WATTS
IRS990/Form990PartVIISectionAGrp/PersonNm24WALKER STURDIVANT
IRS990/Form990PartVIISectionAGrp/PersonNm25ZACHARY BEASLEY
IRS990/Form990PartVIISectionAGrp/PersonNm26BILLIE SPRABERRY
IRS990/Form990PartVIISectionAGrp/PersonNm27MARY LEE REED
IRS990/Form990PartVIISectionAGrp/PersonNm28RICHARD M HICKS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2678899
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2789142
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2892970
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt280
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt9VICE-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt27ASSOCIATE DIRECTOR / CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt28EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01967
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0576735
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt027
IRS990/GrantAmt0112550
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0112550
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0112550
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0328083
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0328083
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt076797254
IRS990/GrossReceiptsAmt081847074
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt025
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/ProgramServicesAmt01990737
IRS990/InterestGrp/TotalAmt01990737
IRS990/InvestmentIncomeGrp/ExclusionAmt03968872
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03968872
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0113740260
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0103029332
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0841925
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01845469
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01788544
IRS990/LandBldgEquipCostOrOtherBssAmt02630469
IRS990/LegalDomicileStateCd0MS
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt076220519
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE FOUNDATION EXISTS TO CULTIVATE AND ADMINISTER CURRENT AND DEFERRED GIFTS FOR THE BENEFIT OF MS UNITED METHODIST RELATED INSTITUTIONS, AGENCIES, LOCAL CHURCHES, AND OTHER MINISTRIES FOR CHARITABLE PURPOSES AND SUPPORT AND TO EDUCATE THESE INSTITUTIONS IN CREATING A CULTURE OF GENEROSITY AND SOUND FINANCIAL PRACTICES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt037563943
IRS990/NetAssetsOrFundBalancesEOYAmt030043621
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0576735
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0576735
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-10509754
IRS990/NoncashContributionsAmt09744
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt026891
IRS990/OccupancyGrp/ProgramServicesAmt08963
IRS990/OccupancyGrp/TotalAmt035854
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0440633
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt043900
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt049504
IRS990/OtherEmployeeBenefitsGrp/TotalAmt093404
IRS990/OtherExpensesGrp/Desc0SUPPLIES AND EXPENSES
IRS990/OtherExpensesGrp/Desc1MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt062832
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt120397
IRS990/OtherExpensesGrp/ProgramServicesAmt058975
IRS990/OtherExpensesGrp/TotalAmt0121807
IRS990/OtherExpensesGrp/TotalAmt120397
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt03188
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03188
IRS990/OtherRevenueTotalAmt03188
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07493
IRS990/PayrollTaxesGrp/ProgramServicesAmt08450
IRS990/PayrollTaxesGrp/TotalAmt015943
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt09552
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt010772
IRS990/PensionPlanContributionsGrp/TotalAmt020324
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt013039619
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt014192753
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0BILLIE SPRABERRY
IRS990/PriorPeriodAdjustmentsAmt0431298
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541610
IRS990/ProgramServiceRevenueGrp/Desc0MANAGEMENT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0154788
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0154788
IRS990/ProgSrvcAccomActy2Grp/Desc0THE MISSISSIPPI UNITED METHODIST FOUNDATION DISTRIBUTED FUNDS TO VARIOUS CHURCHES AND NONPROFITS TO FURTHER THEIR EXEMPT PURPOSE. DURING THE YEAR, THE ENDOWMENTS DISTRIBUTED $328,083 TO VARIOUS CHURCHES AND NONPROFITS. THE FOUNDATION ADDED AN ADDITIONAL $5,500 WHICH WAS AWARDED TO 9 CHURCHES IN FURTHERANCE OF THEIR EXEMPT PURPOSE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0333583
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0328083
IRS990/ProgSrvcAccomActy3Grp/Desc0THE MISSISSIPPI UNITED METHODIST FOUNDATION PROVIDED INVESTMENT MANAGEMENT SERVICES FOR 774 CHURCHES AND UNITED METHODIST AFFILIATES. THIS INCLUDES INVESTMENT DECISIONS, PURCHASES AND SALES, AS WELL AS, THE COLLECTION OF INVESTMENT INCOME AND ALLOCATION OF RETURNS . THE FOUNDATION PROVIDED GUIDANCE, LEADERSHIP, AND WORKSHOPS FOR CHURCH LEADERS AND COMMITTEES INCLUDING GENEROSITY, CHURCH AND INDIVIDUAL FINANCIAL MANAGEMENT, AND PLANNED GIVING. THE STAFF MET WITH NEARLY 50 GROUPS PROVIDING GUIDANCE, LEADERSHIP, AND WORKSHOPS FOR CHURCH LEADERS AND COMMITTEES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt02644078
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0154788
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$169$114$56.0$5.08$7.16$2.08
2023Detailed filing. Detailed filing data is available for this year.$149$98.6$50.2$1.67$5.64$3.97
2022Detailed filing. Detailed filing data is available for this year.$135$92.1$42.5$6.27$2.98$3.29
2021Detailed filing. Detailed filing data is available for this year.$148$88.9$58.8$0.80$2.54$3.34
2020Detailed filing. Detailed filing data is available for this year.$137$85.7$50.8$3.35$2.44$5.80
2019Detailed filing. Detailed filing data is available for this year.$120$80.0$39.6$7.00$3.56$3.44
2018Detailed filing. Detailed filing data is available for this year.$110$80.2$30.0$5.63$3.51$2.12
2017Detailed filing. Detailed filing data is available for this year.$121$83.0$37.6$6.12$4.34$1.78
2016Detailed filing. Detailed filing data is available for this year.$110$80.2$30.2$2.27$2.71$0.45
2015Detailed filing. Detailed filing data is available for this year.$101$74.4$26.9$6.02$2.92$3.09
2014Detailed filing. Detailed filing data is available for this year.$106$75.1$31.4$5.97$3.50$2.47
2013Detailed filing. Detailed filing data is available for this year.$104$75.1$29.4$5.17$3.09$2.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$93.2$71.3$21.8$3.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$83.7$67.2$16.5$3.39
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$85.1$66.9$18.2$3.30