Oakland Methodist Foundation EIN 94-6079707 Form 990 (PDF) Claim this org

Oakland Methodist Foundation FY2020 filing

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Provides grants to churches and charities for their work. For fiscal year 2020 it reported $197K in revenue, $56K in expenses, and $2.1M in net assets.Pt I

Founded
1950
Type
Supporting organization · Religion
Location
Oakland, CA
Filings
6 on file (2020–2020)
Revenue
$197KFY2020
Expenses
$56K
Net assets
$2.1M
People
11
Filings
6
Updates
0
More identity details & actions ⌄
EIN  94-6079707 Supporting organization Oakland, CA Founded 1950
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Provides grants to churches and charities for their work.
Leadership
Barbara Ganitch · Treasurer
Money in and out
$197K revenue, $56K expenses
Bottom line
+72% net inflow
Money in and out · FY2020
Total revenue
$197K
Pt VIII · Ln 12
Total expenses
$56K
Pt IX · Ln 25
Net assets
$2.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $141K
Where spending went · Part IX cols B–D
Program services $0.95 Management & general $0.05
Net inflow
+72%
revenue over expenses, this year
Pass-through gifts
25%
of revenue from contributions
Program spending
95%
of expenses reach stated programs

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$197K
FY2020
Expenses
$56K
FY2020
Total assets
$2.1M
FY2020
Total liabilities
$0
FY2020
Total revenue
$197K
Pt VIII · Ln 12
Total expenses
$56K
Pt IX · Ln 25
Net assets
$2.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$141K
Total assetsPt X · Ln 16$2.1M
Program-expense ratioPt IX · col B95%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

2 program services account for $53K of program spending, described in the organization's own filed words · FY2020.
01

Supportive grants to Lake Merritt United Methodist Church

$36Kprogram expense
02

Supportive grants to other charitable organizations

$18Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COakland Methodist Foundation
EINHdr · item D94-6079707
Principal addressHdr · item COakland, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item L1950
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X21I)
Ruling yearIRS BMFJun 1963

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1bpending
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 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Oakland Methodist Foundation executive salaries →

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Statement of Revenue

Part VIII
Investment income$147K · 75%
Contributions & grants$50K · 25%
Investment income75%$147K
Contributions & grants25%$50K
Total revenueLn 12$197K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.95 Management & general $0.05
Program services95%$53K
Management & general5%$3K
Total functional expensesLn 25$56K

Balance Sheet

Part X · end of year
CashLn 1$84
Total assetsLn 16$2.1M
Total liabilitiesLn 26$0
Total net assetsLn 32$2.1M
Months of cash on handcomputed0.0

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.1M · Operating expenses/yr $56K
452.4 months
Where the money goes
Program services
Program services $53K · Total expenses $56K
95%
Management & General
Management & general $3K · Total expenses $56K
5%
Fundraising
Fundraising $0 · Total expenses $56K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $50K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $50K · Total revenue $197K
25%
Government reliance
Government grants — · Total revenue $197K
Earned-income share
Program service revenue $0 · Total revenue $197K
0%
Investment reliance
Investment income $147K · Total revenue $197K
+75%
Program self-sufficiency
Program service revenue $0 · Total expenses $56K
0%
Growth & trend
Revenue growth (YoY)
This year $197K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $2.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $197K · Expenses $56K
+72%
Liabilities-to-Assets
Total liabilities — · Total assets $2.1M
Net-asset ratio
Net assets $2.1M · Total assets $2.1M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $2.1M · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $2.1M
100%
People & payroll
Highest Reported Total Compensation
Individual Barbara Ganitch · Reported title Treasurer · Highest reported compensation $0 · Total expenses $56K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $56K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 95%
Overhead ratio 5%
Fundraising cost ratio 0%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 1%
Fundraising fee ratio 0%

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.

Grants

Schedule I · received and paid
Grants received · FY2022
Total grants receivedfrom 1 funder$10K
Grants paid · 7 grants · $471K · 2020–2025
Lake Merritt United MethodistFY2020$8,400

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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
FY2025 (Latest)$267K revenue · ⤓ 990 PDF
FY2024$252K revenue · ⤓ 990 PDF
FY2023$140K revenue · ⤓ 990 PDF
FY2022$162K revenue · ⤓ 990 PDF
FY2021$209K revenue · ⤓ 990 PDF
FY2020$197K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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