First Methodist School INC

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Educates children from preschool through eighth grade. For fiscal year 2021 it reported $979K in revenue, $883K in expenses, and $206K in net assets.Pt I

Type: Religious organization · Nonprofit
Location: Bartow, FL
Website: www.firstmethodistschool.com
Filings: 1 on file (2021–2021)

Revenue

$979KFY2021

Expenses

$883K

Net assets

$206K

People

Filings

Updates

More identity details & actions ⌄

EIN 59-3485282 Religious organization Bartow, FL

Form 990 (PDF)

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Size

$100K–1M

What they do

Educates children from preschool through eighth grade.

Leadership

David Brooks · Board Member

Money in and out

$979K revenue, $883K expenses

Bottom line

100% program efficiency

Where the money goes · FY2021

Total revenue

$979K

Pt VIII · Ln 12

Total expenses

$883K

Pt IX · Ln 25

Net assets

$206K

Pt X · Ln 32

Revenue less expenses (Pt I · Ln 19): $96K

Where spending went · Part IX cols B–D

100%

Program services $1.00

Program efficiency

100%

of spending reaches programs

Operating runway

4.9mo

months of highly liquid reserves at operating expense rate

Surplus margin

+10%

revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990

Total revenue

$979K

Pt VIII · Ln 12

Total expenses

$883K

Pt IX · Ln 25

Net assets

$206K

Pt X · Ln 32

Revenue less expensesPt I · Ln 19$96K

Total assetsPt X · Ln 16$363K

Program-expense ratioPt IX · col B100%

Voting members of governing bodyPt I · Ln 314

Independent voting membersPt I · Ln 411

Identity & Classification

Form 990 Header · IRS Business Master File

Legal nameHdr · item CFirst Methodist School INC

EINHdr · item D59-3485282

Principal addressHdr · item CBartow, FL

WebsiteHdr · item Jwww.firstmethodistschool.com

Year of formationHdr · item Lpending

State of legal domicileHdr · item MFL

Exempt statusHdr · item I501(c)(3) · active

NTEE classificationIRS BMFNonprofit

Ruling yearIRS BMFJan 1974

Governance & Policies

Part VI

Voting members of the governing bodyPt VI · Ln 1a14

Independent voting membersPt VI · Ln 1b11

Conflict-of-interest policyPt VI · Ln 12aNo

Whistleblower policyPt VI · Ln 13No

Document retention policyPt VI · Ln 14No

CEO/top-official compensation independently reviewedPt VI · Ln 15aNo

Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII

David Brooks

Board Member

$0Pt VII · Sec A

Pastor Armando Rodriquez

Board Member

$0Pt VII · Sec A

Bill Wright

Board Member

$0Pt VII · Sec A

David Bergdoll

Vice Chairma

$0Pt VII · Sec A

Tasha Edwards

Director of

$0Pt VII · Sec A

Patrick Huff

Chairman of

$0Pt VII · Sec A

Susan Meier

Office Mgr/T

$0Pt VII · Sec A

Andrea Payne

Cooridinator

$0Pt VII · Sec A

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Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2020.

School for preschool through 8TH grade

Pt IX · col B

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Statement of Revenue

Part VIII

Program service revenue$824K · 84%

Contributions & grants$154K · 16%

Program service revenue84%$824K

Contributions & grants16%$154K

Investment income$750

— government grantsLn 1e$154K

Total revenueLn 12$979K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising

Allocation · columns B–D

100%

Program services $1.00

Program services100%$883K

Total functional expensesLn 25$883K

Balance Sheet

Part X · end of year

CashLn 1$360K

Total assetsLn 16$363K

Total liabilitiesLn 26$157K

Total net assetsLn 32$206K

Months of cash on handcomputed4.9

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it

Liquidity & Payout

Operating runway

Highly liquid reserves $360K · Operating expenses/yr $883K

4.9 months

Where the money goes

Program services

Program services $883K · Total expenses $883K

100%

Management & General

Management & general $0 · Total expenses $883K

Fundraising

Fundraising $0 · Total expenses $883K

Cost to raise $1

Fundraising expense $0 · Solicited contributions $0

Solicited contributions below reporting floor

Where the money comes from

Contribution dependence

Contributions & grants $154K · Total revenue $979K

16%

Government reliance

Government grants $154K · Total revenue $979K

16%

Earned-income share

Program service revenue $824K · Total revenue $979K

84%

Investment reliance

Investment income $750 · Total revenue $979K

+0.08%

Program self-sufficiency

Program service revenue $824K · Total expenses $883K

93%

Growth & trend

Revenue growth (YoY)

This year $979K · Prior year —

No prior year on file

Net-asset trend (YoY)

End of year $206K · Beginning of year —

Beginning net assets not meaningfully positive — showing dollar change

Balance sheet

Surplus Margin

Revenue $979K · Expenses $883K

+10%

Liabilities-to-Assets

Total liabilities — · Total assets $363K

—

Net-asset ratio

Net assets $206K · Total assets $363K

57%

Marketable Investment Share

Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $363K

Excludes program-related investments (Pt X, ln 13)

People & payroll

Highest Reported Total Compensation

Individual David Brooks · Reported title BOARD MEMBER · Highest reported compensation $0 · Total expenses $883K

Personnel share

Salaries, benefits & payroll (Pt IX 5-10) $736K · Total expenses $883K

83%

Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

Metric	This org	Peer median	Percentile
Program ratio	100%	—	—
Overhead ratio	0%	—	—
Fundraising cost ratio	0%	—	—
Accounting fee ratio	0.7%	—	—

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

FY2021 (Latest)$979K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings

Form 990 e-file (XML) · FY2021IRS

Classification, formation year, addressIRS Business Master File

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