Civic Intelligence

The Methodist Foundation for Arkansas

EIN 71-0525462 • 501(c)3 • Little Rock, AR

Profile

The mission of The Methodist Foundation for Arkansas is to create and administer permanent charitable endowments to strengthen and expand Methodist ministries in Arkansas.

Refreshing map…

601 Wellington Village RdLittle Rock, AR 72211

methodistfoundationar.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

70th percentile

0.52x

Higher debt load relative to assets than 70% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

98th percentile

17.41x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Net Margin

91st percentile

48%

Higher net margin than 91% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

18th percentile

$261,103

Higher top officer pay than 18% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Asset Growth

44th percentile

4.3%

Faster asset growth than 44% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

63rd percentile

12%

Faster revenue growth than 63% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Assets

Up

$226,412,419

Up $9,363,290 (+4.3%) from 2023

Liabilities

Up

$117,480,507

Up $5,001,319 (+4.4%) from 2023

Net Assets

Up

$108,931,912

Up $4,361,971 (+4.2%) from 2023

Revenue

Up

$6,749,250

Up $718,696 (+12%) from 2023

Expenses

Down

$3,502,468

Down $102,717 (-2.8%) from 2023

Net Income

Up

$3,246,782

Up $821,413 (+34%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300M$200M$100M$0Assets 2010: $102,060,289Liabilities 2010: $45,889,305Net Assets 2010: $56,170,9842010Assets 2011: $101,964,448Liabilities 2011: $45,536,718Net Assets 2011: $56,427,7302011Assets 2012: $113,453,839Liabilities 2012: $51,800,276Net Assets 2012: $61,653,5632012Assets 2013: $127,893,937Liabilities 2013: $57,949,236Net Assets 2013: $69,944,7012013Assets 2014: $133,541,603Liabilities 2014: $62,315,365Net Assets 2014: $71,226,2382014Assets 2016: $141,484,745Liabilities 2016: $68,813,430Net Assets 2016: $72,671,3152016Assets 2017: $165,421,642Liabilities 2017: $77,922,474Net Assets 2017: $87,499,1682017Assets 2018: $152,712,982Liabilities 2018: $72,883,393Net Assets 2018: $79,829,5892018Assets 2019: $179,482,702Liabilities 2019: $84,972,343Net Assets 2019: $84,490,3592019Assets 2020: $215,887,227Liabilities 2020: $110,732,863Net Assets 2020: $105,154,3642020Assets 2021: $242,079,411Liabilities 2021: $125,781,466Net Assets 2021: $116,297,9452021Assets 2022: $198,653,001Liabilities 2022: $104,490,177Net Assets 2022: $94,162,8242022Assets 2023: $217,049,129Liabilities 2023: $112,479,188Net Assets 2023: $104,569,9412023Assets 2024: $226,412,419Liabilities 2024: $117,480,507Net Assets 2024: $108,931,9122024

Highlighted filing

2024

Assets$226,412,419
Liabilities$117,480,507
Net Assets$108,931,912

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$15M$10M$5.0M$0Revenue 2010: $6,900,300Expenses 2010: $1,247,004Net Income 2010: $5,653,2962010Revenue 2011: $5,118,175Expenses 2011: $1,426,833Net Income 2011: $3,691,3422011Revenue 2012: $3,519,091Expenses 2012: $1,402,240Net Income 2012: $2,116,8512012Revenue 2013: $5,093,304Expenses 2013: $1,717,166Net Income 2013: $3,376,1382013Revenue 2014: $5,091,614Expenses 2014: $1,619,859Net Income 2014: $3,471,7552014Revenue 2016: $5,385,238Expenses 2016: $1,913,759Net Income 2016: $3,471,4792016Revenue 2017: $9,735,734Expenses 2017: $1,647,662Net Income 2017: $8,088,0722017Revenue 2018: $6,525,528Expenses 2018: $1,978,131Net Income 2018: $4,547,3972018Revenue 2019: $6,942,461Expenses 2019: $3,129,183Net Income 2019: $3,813,2782019Revenue 2020: $18,394,986Expenses 2020: $3,060,579Net Income 2020: $15,334,4072020Revenue 2021: $6,236,319Expenses 2021: $3,116,361Net Income 2021: $3,119,9582021Revenue 2022: $8,307,370Expenses 2022: $3,618,153Net Income 2022: $4,689,2172022Revenue 2023: $6,030,554Expenses 2023: $3,605,185Net Income 2023: $2,425,3692023Revenue 2024: $6,749,250Expenses 2024: $3,502,468Net Income 2024: $3,246,7822024

Highlighted filing

2024

Revenue$6,749,250
Expenses$3,502,468
Net Income$3,246,782

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$226$117$109$6.75$3.50$3.25
2023Summary only. Only limited summary data is available for this year.$217$112$105$6.03$3.61$2.43
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$199$104$94.2$8.31$3.62$4.69
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$242$126$116$6.24$3.12$3.12
2020Summary only. Only limited summary data is available for this year.$216$111$105$18.4$3.06$15.3
2019Summary only. Only limited summary data is available for this year.$179$85.0$84.5$6.94$3.13$3.81
2018Summary only. Only limited summary data is available for this year.$153$72.9$79.8$6.53$1.98$4.55
2017Summary only. Only limited summary data is available for this year.$165$77.9$87.5$9.74$1.65$8.09
2016Summary only. Only limited summary data is available for this year.$141$68.8$72.7$5.39$1.91$3.47
2014Summary only. Only limited summary data is available for this year.$134$62.3$71.2$5.09$1.62$3.47
2013Summary only. Only limited summary data is available for this year.$128$57.9$69.9$5.09$1.72$3.38
2012Summary only. Only limited summary data is available for this year.$113$51.8$61.7$3.52$1.40$2.12
2011Summary only. Only limited summary data is available for this year.$102$45.5$56.4$5.12$1.43$3.69
2010Summary only. Only limited summary data is available for this year.$102$45.9$56.2$6.90$1.25$5.65
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.1
Gross Receipts
$10,723,205
Mission and Program Overview

Mission

The mission of The Methodist Foundation for Arkansas is to create and administer permanent charitable endowments to strengthen and expand Methodist ministries in Arkansas.

The mission of The Methodist Foundation for Arkansas is to establish and manage charitable funds to strengthen and expand Methodist ministries across Arkansas.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$205,641,755$213,215,700▲ $7,573,945
Savings and Temporary Cash Investments$6,775,123$8,665,028▲ $1,889,905
Land, Buildings, and Equipment, Net$3,422,248$3,321,688▼ $100,560
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$217,049,129$226,412,419▲ $9,363,290
Other Assets Total$1,210,003$1,210,003→ $0
Liabilities
Other Liabilities$112,479,188$117,480,507▲ $5,001,319
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$112,479,188$117,480,507▲ $5,001,319
Net Assets / Fund Balance
Net Assets With Donor Restrictions$98,797,198$102,941,844▲ $4,144,646
Net Assets Without Donor Restrictions$5,772,743$5,990,068▲ $217,325
Total Net Assets Fund Balance$104,569,941$108,931,912▲ $4,361,971
Total Liabilities and Net Assets / Fund Balance$217,049,129$226,412,419▲ $9,363,290

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,545,470$464,601$3,010,071
Land$650,711-$650,711
Equipment$86,528$270,033$356,561
Other Land Buildings$38,979$21,721$60,700
Leasehold Improvements$0$0$0

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$93,644,443$1,925,626▲ $7,435,732$0$98,919,999
2023$83,384,372$1,933,305▲ $12,317,189$0$93,644,443
2022$102,748,158$2,468,407▼ $18,310,909$0$83,384,372
2021$92,482,883$2,357,473▲ $9,822,761$0$102,748,158
2020$79,225,594$679,300▲ $14,644,824$0$92,482,883
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rev J Wayne ClarkPresident and CEOFT$220,500$40,603$261,103
Mr Clarence E TriceSenior Vice President and CFOFT$172,600$35,810$208,410
Rev Lynn KilbourneDirector of DevelopmentFT$110,400$19,814$130,214

Board Members and Trustees

NameTitle
Mr Sam GibsonBoard of directors - Chairperson
Mr Bert KellBoard of directors - vice chairperson
Dr Calvin WhiteBoard of directors
Dr Debby FiserBoard of directors
Mr Bill KincaidBoard of directors
Mr Dewitt SmithBoard of directors
Mr Eddie MartinBoard of directors
Mr Gary NutterBoard of directors
Mr Steve ShultsBoard of directors
Mrs Jan PughBoard of directors
Mrs Jill PenickBoard of directors
Ms Loria OliverBoard of directors
Rev Andrea CummingsBoard of directors
Rev Bud ReevesBoard of directors
Rev JJ GallowayBoard of directors
Rev Judy RuddBoard of directors
Rev Ronnie Miller-YowBoard of directors
Rev Phil HathcockBoard of directors - secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$2,425,042
Program Service Revenue
$1,282,712
Investment Income
$3,041,496
Other Revenue
$0
All Other Contributions
$2,425,042
Change in Net Assets
$3,246,782

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded3$592,378Published value
Total Noncash Contributions3$592,378-

Audited Revenue Reconciliation

Revenue per Audited Statements
$0
Revenue Not Reported on Financial Statements
$6,749,250
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$6,749,250
Total Revenue per Form 990
$6,749,250
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,546,384
Salaries, Compensation, and Employee Benefits$1,302,975
Other Expenses$653,109
Total Fundraising Expense$387,593
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,425,384--$1,425,384
Other Salaries and Wages$0$446,867$89,100$535,967
Current Officers, Directors, Trustees, and Key Employees$0$393,100$110,400$503,500
Depreciation Depletion$0$127,768$0$127,768
Advertising$0$62,423$62,423$124,846
Grants to Domestic Individuals$121,000--$121,000
Pension Plan Contributions$0$95,124$23,940$119,064
Occupancy$0$112,975$0$112,975
Information Technology$0$64,960$27,840$92,800
Other Employee Benefits$0$58,157$14,539$72,696
Payroll Taxes$0$56,486$15,262$71,748
Travel$0$22,044$44,089$66,133
Office Expenses$0$64,442$0$64,442
Conferences and Meetings$0$19,147$0$19,147
Fees for Services Accounting$0$15,750$0$15,750
Insurance$0$14,148$0$14,148
Fees for Services Legal$0$6,300$0$6,300
Total Functional Expenses$1,546,384$1,568,491$387,593$3,502,468

Audited Expense Reconciliation

Line ItemAmount
Expenses Not Reported on Financial Statements$3,502,468
Other Expense Adjustments$3,502,468
Total Expenses per Form 990$3,502,468
Expenses Not Reported on Form 990$0
Expenses per Audited Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Arkansas Conference UMCLittle Rock, AR501(c)(3)Religious$417,569
Mt Eagle Retreat CenterClinton, AR501(c)(3)Religious$65,000
Hendrix CollegeConway, AR501(c)(3)Religious$50,000
Philander Smith UniversityLittle Rock, AR501(c)(3)Religious$50,000
Mountain Home Food BankMountain Home, AR501(c)(3)Religious$40,000
Methodist Family HealthLittle Rock, AR501(c)(3)Religious$38,002
The Manna CenterSiloam Springs, AR501(c)(3)Religious$35,000
Imagination LibraryLittle Rock, AR501(c)(3)Religious$30,000
Wesley College - TanzaniaClarksville, TN501(c)(3)Religious$30,000
Community Rescue MissionFort Smith, AR501(c)(3)Religious$25,000
Community Services IncMorrilton, AR501(c)(3)Religious$25,000
Donaldson FoundaitonLittle Rock, AR501(c)(3)Religious$25,000
Immerce ArkansasLittle Rock, AR501(c)(3)Religious$25,000
Lil Rock Wash and RollLittle Rock, AR501(c)(3)Religious$25,000
Oscar Washington FoundationLittle Rock, AR501(c)(3)Religious$25,000
The CentersLittle Rock, AR501(c)(3)Religious$25,000
LIfe Skills for YouthLittle Rock, AR501(c)(3)Religous$24,000
Camp TanakoHot Springs, AR501(c)(3)Religious$20,000
Ozark Mission ProjectLittle Rock, AR501(c)(3)Religious$20,000
Project TransformationPine Bluff, AR501(c)(3)Religious$17,000
Trinity UMCFayetteville, AR501(c)(3)Religious$16,600
Advanced Pastoral LeadershipHouston, TX501(c)(3)Religious$16,000
Heart of the Bay Food PantryFairfield Bay, AR501(c)(3)Religious$15,000
Samaritan Community CenerRogers, AR501(c)(3)Religious$15,000
Sunshine School and Development CenterRogers, AR501(c)(3)Religious$15,000
Wesley FoundationArkadelphia, AR501(c)(3)Religious$15,000
Wesley FoundationMagnolia, AR501(c)(3)Religious$15,000
ARKids ReadLittle Rock, AR501(c)(3)Religious$13,400
Dover UMCDover, AR501(c)(3)Religious$11,250
Grace UMCRogers, AR501(c)(3)Religious$10,400
West Memphis FUMCWest Memphis, AR501(c)(3)Religious$10,070
ASU System FoundationJonesboro, AR501(c)(3)Religious$10,000
Academy for Spiritual FormationLittle Rock, AR501(c)(3)Religious$10,000
Alzeimers ArkansasLittle Rock, AR501(c)(3)Religious$10,000
Arkansas Tech UniversityRussellville, AR501(c)(3)Religious$10,000
Circles NWAFayetteville, AR501(c)(3)Religious$10,000
FUMC ParagouldParagould, AR501(c)(3)Religious$10,000
Single Parent Scholarship FundLittle Rock, AR501(c)(3)Religious$10,000
The Zaccheous FoundationFayetteville, AR501(c)(3)Religious$10,000
University of Arkansas FoundationFayetteville, AR501(c)(3)Religious$10,000
FUMC SpringdaleSpringdale, AR501(c)(3)Religious$9,135
Quapaw Quarter UMCLittle Rock, AR501(c)(3)Religious$8,610
FUMC FarmingtonFayetteville, AR501(c)(3)Religious$8,602
CJCOHN Food MinistryBenton, AR501(c)(3)Religious$7,000
FUMC DeQueenDeQueen, AR501(c)(3)Religiouis$6,500
Association De Mujeres De ArkansasLittle Rock, AR501(c)(3)Religious$6,000
Wesley FoundationConway, AR501(c)(3)Religious$5,940
Bay UMCBay, AR501(c)(3)Religous$5,000
Clinton UMC Food MinistryClinton, AR501(c)(3)Religious$5,000
White Memorial UMCLittle Rock, AR501(c)(3)Religious$5,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Agency obligations$114,687,627
Charitable gift annuity reserve$2,740,953
Due to churches and institutions$51,927
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 35% controlled entity
No
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

Part VI, Line 11A

All schedules are prepared by the Foundations chief financial officer with assistance from the accounting staff. Completed forms are reviewed by staff. Prior to filing the complete Form 990 and all schedules are provided to each member of the board of directors for review and approval.

Part VI, Line 12C

Annually each member of the Board of Directors is required to sign a statement that they are aware of the Foundation conflicts of interest policy and that they are in compliance with the policy. In the course of business throughout the year the Foundations staff closely monitors activity for the existence of potential conflicts which may arise.

Part VI, Line 15

Compensation amounts for the CEO and all key employees are determined after a survey of similar Foundations annual review of employees performance and a review of the current year cost of living adjustments. This data is furnished to the Foundations Human Resources Committee which makes salary recommendations for approval by the Board of Directors.

Part VI, Line 19

During 2024 the Foundation did not receive a request to make its governing documents its conflicts of interest policy or its financial statements available to a member of the public. In the event that such requests are forthcoming in the future the Foundation will make every effort to comply with all reasonable requests.

Filing and Contact Details

Filer

Filer Name
The Methodist Foundation for Arkansas
EIN
71-0525462
Phone
5016648632
Address
601 WELLINGTON VILLAGE RD, Little Rock, AR 72211

Signing Officer

Name
Clarence E Trice
Title
Methodist Foundation for Arkansas
Phone
5015804503
Signed
2025-11-14

Organization Details

Principal Officer
Rev J Wayne Clark
Formed
1963
Legal Domicile
Ar
Voting Board Members
18
Independent Board Members
18
Employees
11
Volunteers
0
Supplemental Narrative

Additional Explanations

Part XI, Line 9

| Description:, Explanation:, Amount:| Beneficiary distributions realized and unrealized gains losses and other activity of non-owned agency accounts., Line 9, $-3677252|

Financial Statement Notes

Part X, line 2

Part X Line 2: The Foundation evaluates all tax positions and believes its tax positions would be sustained upon examination.

Part V, line 4

Part V Line 4: The intended uses of all Foundation endowment funds is to promote hte ministries of the United Methodist Church across the state of Arkansas.

Part I to XII

| PartandLinenumber:,Explanation:| Part XI Line 4,The financial audit of the Foundation is limited in scope to its assets liabilities and net assets.| Part XII Line 4,The financial audit of the Foundation is limited in scope to its assets liabilities and net assets.|

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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/MissionDesc0The mission of The Methodist Foundation for Arkansas is to establish and manage charitable funds to strengthen and expand Methodist ministries across Arkansas.

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