Form 990 for tax year 2022
Filed by ST MARYS METHODIST CHURCH FOUNDATION INC.
Totals
- Total revenue
- $1,300,375
- Total expenses
- $2,629,980
- Contributions and grants received
- $0
- Grants paid
- $2,082,393
- Program service revenue
- $0
- Investment income
- $1,297,618
- Other revenue
- $2,757
- Total assets, end of year
- $38,808,441
- Total liabilities, end of year
- $650,230
- Net assets or fund balances, end of year
- $38,158,211
- Program services expenses (Part IX)
- $2,446,688
- Management and general expenses
- $183,292
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,446,688
Program services were 93.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
3 · Investment income
total $990,002 · excluded $990,002
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $5,841,190
-
7b · Less cost or other basis and sales expenses
securities $5,533,574
-
7c · Gain or loss
securities $307,616
-
7d · Net gain or loss
total $307,616 · excluded $307,616
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: MISCELLANEOUS
total $2,757 · related or exempt $2,757
-
11e · Other revenue, total
$2,757
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $2,082,393 · program services $2,082,393
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $259,421 · program services $233,479 · management and general $25,942
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $53,838 · program services $43,071 · management and general $10,767
-
8 · Pension plan contributions
total $13,025 · program services $10,420 · management and general $2,605
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $16,264 · program services $14,237 · management and general $2,027
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $600 · management and general $600
-
11c · Fees: accounting
total $21,230 · management and general $21,230
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $93,324 · management and general $93,324
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $3,683 · program services $2,762 · management and general $921
-
14 · Information technology
total $518 · management and general $518
-
15 · Royalties
total $0
-
16 · Occupancy
total $30,591 · program services $22,943 · management and general $7,648
-
17 · Travel
total $4,671 · program services $4,671
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $3,634 · management and general $3,634
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $12,400 · program services $9,088 · management and general $3,312
-
24a · Other expenses: GRANT EXPENSE
total $13,482 · program services $13,482
-
24b · Other expenses: DUES AND SUBSCRIPTIONS
total $6,053 · management and general $6,053
-
24c · Other expenses: SOFTWARE
total $6,000 · program services $6,000
-
24d · Other expenses: OFFICE SUPPLIES
total $2,007 · program services $1,505 · management and general $502
-
24e · All other expenses
total $6,846 · program services $2,637 · management and general $4,209
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $0
-
2 · Savings and temporary cash investments
beginning of year $480,413 · end of year $436,125
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $4,579 · end of year $10,579
-
10a · Land, buildings and equipment: cost or other basis
$24,427
-
10b · Land, buildings and equipment: accumulated depreciation
$24,427
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
beginning of year $47,499,022 · end of year $38,338,404
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $23,333
-
17 · Accounts payable and accrued expenses
beginning of year $1,690 · end of year $1,897
-
18 · Grants payable
end of year $625,000
-
25 · Other liabilities
end of year $23,333
-
27 · Net assets without donor restrictions
beginning of year $47,982,324 · end of year $38,158,211
Mission and programs · 2022
Mission
THE FOUNDATION WAS ORGANIZED TO SUPPORT THE CHARITABLE ACTIVITIES OF THE ST MARYS UNITED METHODIST CHURCH.
Activities or mission (Part I)
TO SUPPORT THE CHARITABLE ACTIVITIES OF ST MARYS UNITED METHODIST CHURCH
-
AWARDED 40 GRANTS TO 501(C)(3) ORGANIZATIONS WHO PROVIDE TO PEOPLE IN NEED, TO UNITED METHODIST INSTITUTIONS, OR TO ORGANIZATIONS THAT PROMOTE EVANGELICAL CHRISTIANITY.
Expenses $2,446,688 · Grants $2,082,393
As filed on the 2022 return.
Listed in Part VII
-
Jeff BarkerJEFF BARKER
President
- Total calculated
- $259,421
- From this org
- $209,073
- From related orgs
- $0
- Other
- $50,348
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $209,073
- Bonus
- not reported
- Other
- not reported
- Deferred
- $50,348
- Nontaxable benefits
- not reported
- Filer's total
- $259,421
-
Jim LomisJIM LOMIS
Chair
- Total calculated
- $0
- Hours/week
- 1
-
Sandy BanksSANDY BANKS
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jeff MillerJEFF MILLER
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Pat GreenPAT GREEN
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Rev Roy WhiteREV ROY WHITE
EX-OFFICIO
- Total calculated
- $0
- Hours/week
- 1
-
Rev David ThompsonREV DAVID THOMPSON
EX-OFFICIO
- Total calculated
- $0
- Hours/week
- 1
-
Lisa LangLISA LANG
Director
- Total calculated
- $0
- Hours/week
- 1
-
Stephen KinneySTEPHEN KINNEY
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Tom HeadleeTOM HEADLEE
Director
- Total calculated
- $0
- Hours/week
- 1
-
Beth TipperBETH TIPPER
Vice President
- Total calculated
- $0
- Hours/week
- 1
-
Donna O'BanionDONNA O'BANION
Director
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$200,000
IMPROVE SUSTAINABLTY IN NICARAGUA
-
$200,000
CAPITAL CAMPAIGN FOR NEW BWK CAMPUS
-
$150,000
SUPPORT FOR CIRCLES IN COLUMBUS
-
$75,000
ST. MARYS CAMPUS & MACON PROGRAM
-
$72,000
SUPP SALARIES OF SITE COORDINATORS
-
$57,475
COSTS OF MATERIALS AND CONSTRUCTION
-
$50,000
FOR GRANDPARENT CONNECTION PROGRAM
-
$50,000
BLDG FOR HOMELESS COMMUNITY CTR
-
HOPE 1312 COLLECTIVE
$50,000
GENERAL OPERATING SUPPORT
-
$50,000
UNCOMP ROOM/BOARD NEEDS EXPECTED
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
ST MARYS UNITED METHODIST CHURCH
501(C)(3) · CHURCH · GA
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 1 April 2023
- IRS schema version
- 2022v5.0
- Source object
- 202330919349300013
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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