Civic Intelligence

Pasadena Methodist Foundation

990 • Fiscal year 2022 • EIN 95-6047662

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 24, 2023

500 E Colorado BlvdPasadena, CA 91101-2027

(626) 796-0157

Siviq Scores

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

Liabilities / Assets

7th percentile

0.00x

Higher debt load relative to assets than 7% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

14th percentile

0.03x

Higher debt load relative to revenue than 14% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

1st percentile

-486%

Higher net margin than 1% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2022

Asset Growth

17th percentile

-11%

Faster asset growth than 17% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

2nd percentile

-80%

Faster revenue growth than 2% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Down

$18,486,841

Down $2,347,113 (-11%) from 2021

Net Assets

Down

$18,472,033

Down $2,347,113 (-11%) from 2021

Liabilities

Flat

$14,808

Flat from 2021

Revenue

Down

$482,937

Down $1,873,218 (-80%) from 2021

Expenses

Up

$2,830,050

Up $2,022,233 (+250%) from 2021

Net Income

Down

-$2,347,113

Down $3,895,451 (-252%) from 2021

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $13,970,775Liabilities 2010: $77,184Net Assets 2010: $13,893,5912010Assets 2011: $13,697,851Liabilities 2011: $60,513Net Assets 2011: $13,637,3382011Assets 2012: $14,514,098Liabilities 2012: $59,608Net Assets 2012: $14,454,4902012Assets 2013: $16,039,214Liabilities 2013: $65,882Net Assets 2013: $15,973,3322013Assets 2014: $15,925,634Liabilities 2014: $89,041Net Assets 2014: $15,836,5932014Assets 2015: $15,155,602Liabilities 2015: $92,813Net Assets 2015: $15,062,7892015Assets 2016: $15,058,549Liabilities 2016: $71,185Net Assets 2016: $14,987,3642016Assets 2017: $16,338,451Liabilities 2017: $14,808Net Assets 2017: $16,323,6432017Assets 2018: $15,356,008Liabilities 2018: $13,836Net Assets 2018: $15,342,1722018Assets 2019: $17,503,828Liabilities 2019: $14,808Net Assets 2019: $17,489,0202019Assets 2020: $19,286,958Liabilities 2020: $16,150Net Assets 2020: $19,270,8082020Assets 2021: $20,833,954Liabilities 2021: $14,808Net Assets 2021: $20,819,1462021Assets 2022: $18,486,841Liabilities 2022: $14,808Net Assets 2022: $18,472,0332022Assets 2023: $20,050,193Liabilities 2023: $14,808Net Assets 2023: $20,035,3852023Assets 2024: $20,783,325Liabilities 2024: $16,058Net Assets 2024: $20,767,2672024

Highlighted filing

2022

Assets$18,486,841
Liabilities$14,808
Net Assets$18,472,033

Operations Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2010: $612,9312010Expenses 2011: $592,6002011Expenses 2012: $511,6782012Revenue 2013: $902,414Expenses 2013: $597,861Net Income 2013: $304,5532013Revenue 2014: $833,098Expenses 2014: $816,517Net Income 2014: $16,5812014Revenue 2015: $1,519,305Expenses 2015: $710,074Net Income 2015: $809,2312015Revenue 2016: $496,351Expenses 2016: $595,585Net Income 2016: -$99,2342016Revenue 2017: $810,724Expenses 2017: $1,186,178Net Income 2017: -$375,4542017Revenue 2018: $680,147Expenses 2018: $757,471Net Income 2018: -$77,3242018Revenue 2019: $1,330,973Expenses 2019: $676,613Net Income 2019: $654,3602019Revenue 2020: $886,672Expenses 2020: $635,360Net Income 2020: $251,3122020Revenue 2021: $2,356,155Expenses 2021: $807,817Net Income 2021: $1,548,3382021Revenue 2022: $482,937Expenses 2022: $2,830,050Net Income 2022: -$2,347,1132022Revenue 2023: $2,382,144Expenses 2023: $818,792Net Income 2023: $1,563,3522023Revenue 2024: $1,743,356Expenses 2024: $1,011,474Net Income 2024: $731,8822024

Highlighted filing

2022

Revenue$482,937
Expenses$2,830,050
Net Income-$2,347,113
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 24, 2023
Return Version
2022v5.0
Gross Receipts
$544,429
Mission and Program Overview

Mission

The foundation's mission is the support of the first united methodist church of pasadena, the nuturing of the congregation and service to its community.

Provide grants to further the mission of the first united methodist church of pasadena.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$20,819,146$18,472,033▼ $2,347,113
Investments in Publicly Traded Securities$17,099,049$14,770,860▼ $2,328,189
Land, Buildings, and Equipment, Net$3,467,025$3,467,025→ $0
Prepaid Expenses and Deferred Charges$153,130$153,130→ $0
Cash and Non-Interest-Bearing Accounts$114,750$95,826▼ $18,924
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$20,833,954$18,486,841▼ $2,347,113
Liabilities
Deferred Revenue$13,836$13,836→ $0
Accounts Payable and Accrued Expenses$972$972→ $0
Total Liabilities$14,808$14,808→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$20,819,146$18,472,033▼ $2,347,113
Total Liabilities and Net Assets / Fund Balance$20,833,954$18,486,841▼ $2,347,113

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,467,025-$3,467,025
Equipment$0$3,448$3,448
Compensation and Service Providers

Board Members and Trustees

NameTitle
S RogersPresident
K LussierDirector
A MackinnonTrustee
B FranjolaTrustee
C EhrlichTrustee
D CarreraTrustee
E DysonTrustee
E HainTrustee
G PoulinTrustee
Jp HarrisTrustee
K LussierTrustee
K YoungstromTrustee
L TechentinTrustee
M RahnTrustee
P MarxTrustee
P ZeiderTrustee
R NiemannTrustee
R OvertonTrustee
T BowmanTrustee
T MartinTrustee
W LewisTrustee
K in1st VP
S Lohr1st VP
K OhSecretary
J ClairdayTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,850
Program Service Revenue
$0
Investment Income
$344,624
Other Revenue
$133,463
Change in Net Assets
$-2,347,113
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,228,549
Grants and Similar Amounts Paid$601,501
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$601,501--$601,501
Insurance-$9,387-$9,387
Other Expenses$5,047$14,261-$5,047
Fees for Services Accounting-$1,680-$1,680
Total Functional Expenses$625,883$2,204,167$0$2,830,050
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Fumc of PasadenaPasadena, CA501(c)(3)Operating Support to Further Its Mission$601,501
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Susan R ClairdaySpouse of Board MemberAssistant Administrator and BookkeeperNo-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The foundation's board of directors elects its successors subject to the approval of the church council of its supported organization.

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

A draft 990 was provided to the board of directors prior to finalizing the return.

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

Monitored by the Board at least annually.

Form 990, Part VI, Section C, line 19

Available at guidestar.org or upon request

Filing and Contact Details

Filer

Filer Name
Pasadena Methodist Foundation
EIN
95-6047662
Phone
6267960157
Address
500 E COLORADO BLVD, PASADENA, CA 91101-2027

Signing Officer

Name
J Clairday
Title
Treasurer
Phone
6267960157
Signed
2023-10-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
J Clairday
Formed
1939
Legal Domicile
CA
Voting Board Members
25
Independent Board Members
24
Employees
0
Volunteers
0

Preparer

Firm
EGAN CPAs LP
Address
1545 N Columbus Ave, Glendale, CA 91202
Preparer
Gail N Egan
Phone
8183462026
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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/TitleTxt22TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt23TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt24SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01939
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt025
IRS990/GrantAmt0601501
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0601501
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0601501
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0544429
IRS990/GrossRentsGrp/RealAmt0194955
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt024
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt09387
IRS990/InsuranceGrp/TotalAmt09387
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0344624
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0344624
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt017099049
IRS990/InvestmentsPubTradedSecGrp/EOYAmt014770860
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03448
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03467025
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03467025
IRS990/LandBldgEquipCostOrOtherBssAmt03470473
IRS990/LegalDomicileStateCd0CA
IRS990/LessRentalExpensesGrp/RealAmt061492
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt04850
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE FOUNDATION'S MISSION IS THE SUPPORT OF THE FIRST UNITED METHODIST CHURCH OF PASADENA, THE NUTURING OF THE CONGREGATION AND SERVICE TO ITS COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt020819146
IRS990/NetAssetsOrFundBalancesEOYAmt018472033
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0133463
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0133463
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0UNREALIZED LOSS ON INVE
IRS990/OtherExpensesGrp/Desc1INVESTMENT FEES
IRS990/OtherExpensesGrp/Desc2ALL OTHER
IRS990/OtherExpensesGrp/Desc3ANNUAL MEETING
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02062817
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1116022
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt214261
IRS990/OtherExpensesGrp/ProgramServicesAmt019335
IRS990/OtherExpensesGrp/ProgramServicesAmt15047
IRS990/OtherExpensesGrp/TotalAmt02062817
IRS990/OtherExpensesGrp/TotalAmt1116022
IRS990/OtherExpensesGrp/TotalAmt233596
IRS990/OtherExpensesGrp/TotalAmt35047
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0153130
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0153130
IRS990/PrincipalOfficerNm0J CLAIRDAY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0SCHOLARSHIP GRANTS TO VARIOUS STUDENTS TO PURSUE EDUCATION
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt07350
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0559198
IRS990/PYInvestmentIncomeAmt02162501
IRS990/PYOtherExpensesAmt0248619
IRS990/PYOtherRevenueAmt0186304
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01548338
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0807817
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02356155
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-2347113
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0133463
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt020819146
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt018472033
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/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0951647825
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd01
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0601501
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0FUMC OF PASADENA
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0601501
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03467025
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03467025
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03448
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03448
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03467025
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt0601501
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0OPERATING SUPPORT TO FURTHER ITS MISSION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0FUMC OF PASADENA
IRS990ScheduleI/RecipientTable/RecipientEIN0951647825

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.8$0.02$20.8$1.74$1.01$0.73
2023Detailed filing. Detailed filing data is available for this year.$20.1$0.01$20.0$2.38$0.82$1.56
2022Detailed filing. Detailed filing data is available for this year.$18.5$0.01$18.5$0.48$2.83$2.35
2021Detailed filing. Detailed filing data is available for this year.$20.8$0.01$20.8$2.36$0.81$1.55
2020Detailed filing. Detailed filing data is available for this year.$19.3$0.02$19.3$0.89$0.64$0.25
2019Detailed filing. Detailed filing data is available for this year.$17.5$0.01$17.5$1.33$0.68$0.65
2018Detailed filing. Detailed filing data is available for this year.$15.4$0.01$15.3$0.68$0.76$0.08
2017Detailed filing. Detailed filing data is available for this year.$16.3$0.01$16.3$0.81$1.19$0.38
2016Detailed filing. Detailed filing data is available for this year.$15.1$0.07$15.0$0.50$0.60$0.10
2015Detailed filing. Detailed filing data is available for this year.$15.2$0.09$15.1$1.52$0.71$0.81
2014Detailed filing. Detailed filing data is available for this year.$15.9$0.09$15.8$0.83$0.82$0.02
2013Detailed filing. Detailed filing data is available for this year.$16.0$0.07$16.0$0.90$0.60$0.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.5$0.06$14.5$0.51
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.7$0.06$13.6$0.59
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.0$0.08$13.9$0.61