Florida United Methodist Foundation INC

Tax-deductible

Lakeland, FL501(c)(3)Since 1966ReligionEIN 59-1148710Revenue $8.7M in FY2025

On file with the IRSfumf.org450 Martin L King JR Ave, 33815-1522 · Lakeland, FLTax-exempt since Nov 1966Supporting organization — 509(a)(3)

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The Florida United Methodist Foundation, INC. (Foundation) is formed exclusively for charitable and religious purposesand to promote and support the mission of the Florida annual conference of the unitedsee schedule o

501(c)(3) charity; gifts are tax-deductible.
94¢ of each $1 spent went to programs.
Run by 20 volunteers and 14 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $341K a year · 5% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
94%
of spending
Looks good: 94% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$699K
to officers and key staff · 8% of spending
Top officer’s pay higher than 80% of similar orgs
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
65 mo
of spending, in cash
Looks good: 64.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $26K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$254.2M
94% of total assets
Concern: liabilities are 94% of assets; over 80%.
Pt X · Ln 26
Independent board members
16
of 16 voting members
Looks good: 16 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$8.7M
-8% vs prior year
Spent
$8.6M
To programs
94%
Net assets
$16.4M
By yearFY2020–FY2025
Revenue
$8.7M
FY2025▼ -8%
Tap a bar for its year
Revenue by fiscal year
FY2020$6.6M
FY2021$7.3M
FY2022$5.6M
FY2023$7.2M
FY2024$9.5M
FY2025$8.7M
Expenses
$8.6M
FY2025▼ -3%
Tap a bar for its year
Expenses by fiscal year
FY2020$6.2M
FY2021$6.3M
FY2022$5.9M
FY2023$7.1M
FY2024$8.9M
FY2025$8.6M
Net assets
$16.4M
FY2025▲ +7%
Tap a bar for its year
Net assets by fiscal year
FY2020$14.7M
FY2021$15.0M
FY2022$12.7M
FY2023$14.2M
FY2024$15.3M
FY2025$16.4M

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 1966.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

94 cents of each dollar spent went to programs.

Program services 94% · $8.1M Management & general 6% · $544K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

23 people listed on the 990; $699K paid to officers and key staff.

Part VII, Section A · reportable compensation
President & CEO
$160,485Pt VII · Sec A
$152,655Pt VII · Sec A
Dir. of Development
$141,304Pt VII · Sec A
Vice President
$138,053Pt VII · Sec A
Controller
$106,249Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Rev Edward New’s $160K as President & CEO is at the 80th percentile of top reported officer pay among 1636 $1–10M religion nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Pamela Hicks—$157,414$171,919———
Pamela W Hicks———$166,229$161,289$159,546
Rev Edward New$160,485$135,062$127,827———
Rev J Thomas Wilkinson—————$153,677
Margaret Cox$152,655$130,367$110,220—$102,512$103,024
Elena Nicholas$141,304$100,805————
Andrew Craske$138,053$134,085$130,474$128,885$122,066$121,101
Rev Mark Becker————$134,426$131,709

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Florida United Methodist Foundation INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Strengthens United Methodist ministries through stewardship education, consulting, and financial services.

Provided by the organization

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1 program · $8.1M · in their own filed words · FY2025
01

The foundation is a related, but separately organized, entity with the purpose of serving the florida annual conference (fac) of the united methodist church. Its purpose is to receive and administer funds for religious, charitable, or educational purposes.

$8.1Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$26K
Grants paid · 25 grants · $788K · 2020–2025
Fac Board of Camps & Retreat MinistriesFL · FY2025$41,400
Florida Southern CollegeFL · FY2025$13,000
Southern Wesleyan UniversitySC · FY2025$10,000
United Wesley of MiamiFY2025$8,000
Emory UniversityGA · FY2025$6,000
Fac Board of Camps & Retreat MinistriesFL · FY2024$40,800
United Wesley of MiamiFY2024$6,000
Fac Doggett Moore FundFL · FY2024$6,000
Fac Board of Camps & Retreat MinistriesFL · FY2023$37,400
Fac Board of Camps & Retreat MinistriesFL · FY2022$29,240
Campus to City Wesley FoundationFY2021$100,000
Fac Board of Camps & Retreat MinistriesFL · FY2021$29,240
See all 25 grants →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$8.7M
Ln 12
Fees for servicesLn 2g$6.8M
Investment incomeLn 3$1.8M
Gifts and grantsLn 1h$86K
Money outPt IX
$8.6M
Ln 25
Programscol B$8.1M
Managementcol C$544K
Owns and owesPt X
$16.4M
net assets · Ln 32
Cash and savingsLn 1–2$46.3M
Total assetsLn 16$270.6M
LiabilitiesLn 26$254.2M
PeoplePt VI, VII
23
listed · VII A
PaidVII A5
Voting boardVI 1a16
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$86K
Fees for servicesLn 2g$6.8M
Investment incomeLn 3$1.8M
Other incomeLn 4–11$9K
Gains on assetsLn 7$88K
Total revenueLn 12$8.7M
Assets in detailPt X, end of year
CashLn 1$262K
SavingsLn 2$46.0M
Cash and savings togetherLn 1–2$46.3M
InvestmentsLn 11–13$132.5M
Land, buildings, equipmentLn 10c$1.0M
Other assetsLn 15$1.4M
Total assetsLn 16$270.6M
LiabilitiesLn 26$254.2M
Net assetsLn 32$16.4M
OperationsPt I, VI
EmployeesI 514
VolunteersI 620
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$24.6M$46.3M
InvestmentsLn 11–13$116.9M$132.5M
Land, buildings, equipmentLn 10c$1.1M$1.0M
Total assetsLn 16$246.3M$270.6M
LiabilitiesLn 26$231.1M$254.2M
Net assetsLn 32$15.3M$16.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$117K$117K
Pay of current officers, directors and key staffLn 5$889K$752K$138K
Other salaries and wagesLn 7$540K$457K$83K
Pension plan contributionsLn 8$61K$51K$9K
Other employee benefitsLn 9$19K$16K$3K
Payroll taxesLn 10$72K$61K$11K
Legal feesLn 11b$63K$63K
Accounting feesLn 11c$74K$74K
Investment management feesLn 11f$245K$245K
Other fees for servicesLn 11g$238K$208K$30K
Advertising and promotionLn 12$29K$26K$3K
Office expensesLn 13$116K$88K$28K
Information technologyLn 14$285K$253K$32K
OccupancyLn 16$51K$46K$6K
TravelLn 17$47K$37K$10K
Conferences, conventions and meetingsLn 19$68K$53K$15K
InterestLn 20$5.5M$5.5M
Depreciation, depletion and amortizationLn 22$108K$75K$33K
InsuranceLn 23$33K$30K$3K
Other expenses (24a–d)Ln 24$24K$22K$3K
All other expensesLn 24e$150$129$21
Total functional expensesLn 25$8.6M$8.1M$544K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $8.7M$8.6M$133K$16.4M 990 PDF
FY2024 $9.5M$8.9M$602K$15.3M 990 PDF
FY2023 $7.2M$7.1M$109K$14.2M 990 PDF
FY2022 $5.6M$5.9M−$231K$12.7M 990 PDF
FY2021 $7.3M$6.3M$1.0M$15.0M 990 PDF
FY2020 $6.6M$6.2M$422K$14.7M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $8,734,178 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $86,898$85,515
I-9 Program service revenuePrior year $7,813,772$6,793,785
I-10 Investment incomePrior year $1,583,310$1,845,439
I-11 Other revenuePrior year $633$9,439
I-12 Total revenuePrior year $9,484,613$8,734,178
I-13 Grants and similar amounts paidPrior year $82,900$116,785
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,686,640$1,580,514
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $7,113,040$6,903,885
I-18 Total expensesPrior year $8,882,580$8,601,184
I-19 Revenue less expensesPrior year $602,033$132,994
Part VI · Governance 16 of 16 board members independent, no flags
VI-1a Voting members of the governing body16
VI-1b Independent voting members16
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $8,734,178 across 7 lines filed
VIII-1f All other contributions, gifts and grants$85,515
VIII-1h Total contributions, gifts and grants$85,515
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $6,793,785$6,793,785
VIII-3 Investment incomeExcluded from tax $1,757,477$1,757,477
VIII-7 Net gain or loss on sales of assetsExcluded from tax $87,962$87,962
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $9,439$9,439
VIII-12 Total revenueRelated to mission $6,793,785 · Unrelated business $0 · Excluded from tax $1,854,878$8,734,178
Part IX · Statement of functional expenses $8,601,184 across 21 lines filed
IX-1 Grants to domestic organizationsPrograms $116,785$116,785
IX-5 Pay of current officers, directors and key staffPrograms $751,768 · Management $137,585$889,353
IX-7 Other salaries and wagesPrograms $456,835 · Management $83,048$539,883
IX-8 Pension plan contributionsPrograms $51,411 · Management $9,408$60,819
IX-9 Other employee benefitsPrograms $15,682 · Management $2,870$18,552
IX-10 Payroll taxesPrograms $60,783 · Management $11,124$71,907
IX-11b Legal feesManagement $63,493$63,493
IX-11c Accounting feesManagement $73,502$73,502
IX-11f Investment management feesPrograms $244,782$244,782
IX-11g Other fees for servicesPrograms $207,989 · Management $30,123$238,112
IX-12 Advertising and promotionPrograms $25,603 · Management $3,255$28,858
IX-13 Office expensesPrograms $88,073 · Management $28,067$116,140
IX-14 Information technologyPrograms $252,965 · Management $32,156$285,121
IX-16 OccupancyPrograms $45,798 · Management $5,584$51,382
IX-17 TravelPrograms $36,711 · Management $10,176$46,887
IX-19 Conferences, conventions and meetingsPrograms $53,327 · Management $14,692$68,019
IX-20 InterestPrograms $5,522,080$5,522,080
IX-22 Depreciation, depletion and amortizationPrograms $74,725 · Management $33,387$108,112
IX-23 InsurancePrograms $29,739 · Management $3,407$33,146
IX-24 Other expenses (24a–d)Programs $21,518 · Management $2,583$24,101
IX-24e All other expensesPrograms $129 · Management $21$150
IX-25 Total functional expensesPrograms $8,056,703 · Management $544,481 · Fundraising $0$8,601,184
Part X · Balance sheet $270,579,992 assets, 17 lines filed
Asset lines not itemized here account for $89,409,052; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $74,002$261,555
X-2 Savings and temporary cash investmentsStart of year $24,512,516$46,013,924
X-4 Accounts receivableStart of year $9,233$27,465
X-9 Prepaid expenses and deferred chargesStart of year $53,712$44,064
X-10c Land, buildings and equipment, netStart of year $1,070,734$1,003,773
X-11 Publicly traded securitiesStart of year $116,602,573$132,107,327
X-12 Other securitiesStart of year $290,118$352,242
X-15 Other assetsStart of year $1,255,446$1,360,590
X-16 Total assetsStart of year $246,347,169$270,579,992
X-17 Accounts payable and accrued expensesStart of year $489,396$515,214
X-24 Unsecured notes and loans payableStart of year $250,000$250,000
X-25 Other liabilitiesStart of year $129,705,567$137,275,924
X-26 Total liabilitiesStart of year $231,065,724$254,167,343
X-27 Net assets without donor restrictionsStart of year $11,571,780$12,530,334
X-28 Net assets with donor restrictionsStart of year $3,709,665$3,882,315
X-32 Total net assets or fund balancesStart of year $15,281,445$16,412,649
X-33 Total liabilities and net assetsStart of year $246,347,169$270,579,992
Part XI · Reconciliation of net assets $16,412,649 net assets at year end
XI-1 Total revenue$8,734,178
XI-2 Total expenses$8,601,184
XI-3 Revenue less expenses$132,994
XI-4 Net assets at start of year$15,281,445
XI-5 Net unrealized gains (losses) on investments$921,348
XI-9 Other changes in net assets$76,862
XI-10 Net assets at end of year$16,412,649

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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