Skip to content
Nonprofiteer
← METROPOLITAN MINISTRIES FOUNDATION INC

Form 990 for tax year 2022

Filed by METROPOLITAN MINISTRIES FOUNDATION INC.

Totals

Total revenue
$3,070,525
Total expenses
$391,074
Contributions and grants received
$2,663,814
Grants paid
$0
Program service revenue
$0
Investment income
$406,711
Other revenue
$0
Total assets, end of year
$21,297,863
Total liabilities, end of year
$6,044,776
Net assets or fund balances, end of year
$15,253,087
Program services expenses (Part IX)
$281,096
Management and general expenses
$109,978
Fundraising expenses
$0
Program service expenses (Part III)
$281,096

Program services were 71.9% 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.

  • 1f · All other contributions, gifts and grants

    $2,663,814

  • 3 · Investment income

    total $406,711 · excluded $406,711

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $222,674 · program services $133,604 · management and general $89,070

  • 8 · Pension plan contributions

    total $6,380 · program services $3,828 · management and general $2,552

  • 9 · Other employee benefits

    total $29,848 · program services $17,909 · management and general $11,939

  • 10 · Payroll taxes

    total $15,411 · program services $9,247 · management and general $6,164

  • 11g · Fees: other

    total $83,841 · program services $83,841

  • 13 · Office expenses

    total $8,143 · program services $7,890 · management and general $253

  • 17 · Travel

    total $39 · program services $39

  • 24a · Other expenses: PROGRAM & DONOR DEVELOP

    total $24,738 · program services $24,738

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $5,205,728 · end of year $1,065,547

  • 10a · Land, buildings and equipment: cost or other basis

    $4,165

  • 10b · Land, buildings and equipment: accumulated depreciation

    $4,165

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $11,881,056 · end of year $20,119,961

  • 15 · Other assets

    beginning of year $485,402 · end of year $112,355

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,808 · end of year $4,928

  • 25 · Other liabilities

    beginning of year $6,002,344 · end of year $6,039,848

  • 27 · Net assets without donor restrictions

    beginning of year $11,565,034 · end of year $15,253,087

Mission and programs · 2022

Mission

METROPOLITAN MINISTRIES FOUNDATION, INC.'S MISSION IS TO ACHIEVE SUSTAINABLE SUPPORT FOR THE FURTHERANCE OF METROPOLITAN MINISTRIES

Activities or mission (Part I)

TO ACT AS A SUPPORTING ORGANIZATION OF METROPOLITAN MINISTRIES, INC., A FLORIDA NOT-FOR-PROFIT CORPORATION.

  • TO RAISE AND ADMINISTER CHARITABLE SUPPORT TO BENEFIT THE PROGRAMS AND SERVICES OF METROPOLITAN MINISTRIES, INC. TO INCLUDE THE STATED MISSION OF CARING FOR THE HOMELESS AND THOSE AT RISK OF BECOMING HOMELESS BY PROVIDING SERVICES THAT ALLEVIATE SUFFERING, PROMOTE DIGNITY, AND INSTILL SELF SUFFICIENCY AS AN EXPRESSION OF THE ONGOING MINISTRY OF JESUS CHRIST.

    Expenses $281,096

As filed on the 2022 return.

Listed in Part VII

  • Stacy Wagner

    CFO

    Total calculated
    $154,822
    From this org
    $0
    From related orgs
    $134,596
    Other
    $20,226
    Hours/week
    1 + 53 related

    Schedule J breakdown matched by us

    Base
    $0 + $134,596 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $5,584 related
    Nontaxable benefits
    $0 + $14,642 related
    Filer's total
    $0 + $154,822 related

  • Dr Martin Silbiger

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Robert Basham

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • David Redmond

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Morris E Hintzman

    PRESIDENT

    Total calculated
    $164,362
    From this org
    $0
    From related orgs
    $109,437
    Other
    $54,925
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $109,437 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $6,920 related
    Nontaxable benefits
    $0 + $48,005 related
    Filer's total
    $0 + $164,362 related

  • Preston Farrior

    MM BOARD LIAISON

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Molly James

    CEO

    Total calculated
    $120,611
    From this org
    $0
    From related orgs
    $120,281
    Other
    $330
    Hours/week
    40

  • Elizabeth Fowler

    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

  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 3 · Compensation committee
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 2 · Substantiation required before reimbursing expenses
  • 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

The filer's explanations (Part III)

PART I, LINE 1A
PARSONAGE ALLOWANCE OF $48,000 PAID TO MORRIS E. HINTZMAN

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

No itemized grants to organizations on this return.

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.

Provenance

Return type
form_990
Tax year
2022
Filed
29 January 2024
IRS schema version
2022v5.0
Source object
202420309349300422

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.