Overview
What is The Methodist Foundation For Arkansas?
The Methodist Foundation for Arkansas is a nonprofit organization located at 601 Wellington Village Road, Little Rock, AR 72211. Its primary mission is to establish and manage perpetual charitable endowments, aiming to bolster and broaden Methodist ministries across Arkansas. The foundation generously provides financial support to the Arkansas Annual Conference of the United Methodist Church and numerous churches within the Conference, contributing to programs that promote and uphold the United Methodist Church's values and initiatives. With a dedicated team of 11 employees, The Methodist Foundation for Arkansas plays a significant role in strengthening and expanding Methodist-affiliated services in the state.
Official website here: www.methodistfoundationar.org
What are the reviews and ratings of this charity?
**: Charity Navigator Rating 82% (Three-Star out of Four Stars)**tar)**
The Methodist Foundation for Arkansas has received a solid Three-Star rating from Charity Navigator, indicating a strong level of accountability and financial health. This score reflects a particular focus on the foundation’s accountability measures, with impressive marks in various areas such as independence of the board and effective financial oversight. The organization has achieved a perfect score regarding the independence of its board members and has strong policies in place concerning conflict of interest and whistleblower protections.
Despite the strong accountability metrics, there are some areas for improvement noted in the financial structure. The program expense ratio is relatively low at 53.12%, suggesting that a smaller portion of its funds is directed towards program activities compared to total expenses. This aspect may necessitate further examination to ensure that a significant proportion of resources truly supports the mission-related activities.
User reviews from GreatNonprofits are not available, which may limit insights into the community's personal experiences and perceptions of the foundation. As such, while the financial rating is favorable, additional qualitative feedback from beneficiaries and stakeholders would be beneficial in providing a more rounded evaluation of the organization's overall impact and community engagement.
This AI summary has been generated from information found on Charity Navigator.
Is The Methodist Foundation For Arkansas legitimate?
The Methodist Foundation For Arkansas is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Methodist Foundation For Arkansas submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $461,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $424,867
For more financial information, click here
Official website here: www.methodistfoundationar.org
What is the mission statement of The Methodist Foundation For Arkansas?
The Methodist Foundation for Arkansas's mission is primarily focused on strengthening and expanding Methodist ministries within Arkansas. To achieve this, they create and administer permanent charitable endowments. Their main activity involves providing financial support to the Arkansas Annual Conference of the United Methodist Church and various churches within the conference, contributing to programs that advance the United Methodist Church and its ministries.
Official website here: www.methodistfoundationar.org
Who is the CEO of The Methodist Foundation For Arkansas?
Unavailable The CEO's salary of The Methodist Foundation For Arkansas is $202,000 and their total compensation is $238,130.
Official website here: www.methodistfoundationar.org
What is the revenue of The Methodist Foundation For Arkansas?
The Methodist Foundation For Arkansas's revenue in 2022 was $8,307,370.
Official website here: www.methodistfoundationar.org
Who are the executives of The Methodist Foundation For Arkansas and what are their salaries?
The average compensation at The Methodist Foundation For Arkansas during 2022 was $80,533. There are 11 employees at The Methodist Foundation For Arkansas.
Here are 21 key members and their salaries (The Methodist Foundation For Arkansas's CEO's salary is $202,000 and their total compensation is $238,130):
- Compensation: $202,000
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- Other: $36,130
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- Compensation: $158,000
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- Other: $32,659
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- Compensation: $101,000
- Related: $0
- Other: $17,897
Official website here: www.methodistfoundationar.org
Where can I find the form 990 for The Methodist Foundation For Arkansas?
The Methodist Foundation For Arkansas's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.methodistfoundationar.org
Learn more at the official website: www.methodistfoundationar.org
Mission Statement of The Methodist Foundation For Arkansas
The Methodist Foundation for Arkansas, as a nonprofit organization, is committed to a mission that involves creating and managing permanent charitable endowments. Its primary objective is to bolster and broaden Methodist ministries within the state of Arkansas. Through this mission, the foundation provides financial support to the Arkansas Annual Conference of the United Methodist Church and various churches within the Conference. This funding is utilized to advance programs that align with the United Methodist Church and its ministries, thereby contributing to their strength and expansion.
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Impact
July, 2024
The Methodist Foundation for Arkansas has made a significant impact by providing funds to the Arkansas Annual Conference of the United Methodist Church and various churches within the Conference for programs advancing the United Methodist Church and its ministries. Through the creation and administration of permanent charitable endowments, the foundation has played a crucial role in strengthening and expanding Methodist ministries in Arkansas.
This information is meant to be a general summary of The Methodist Foundation For Arkansas. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,543,205
- Program Service Revenue: $828,035
- Gross Receipts: $12,591,868
Assets and Liabilities:
- Total Assets: $198,653,001
- Total Liabilities: $104,490,177
- Net Assets: $94,162,824
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Account Service Fees
Revenue
$828,035
Organization Details
Founding Year
1963
Phone
(501) 664-8632Main Address
601 WELLINGTON VILLAGE RD, Little Rock, AR, 72211
NTEE Category
Code: X21 - Religion related
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