First Methodist Church Fund
EIN: 556075855 · Parkersburg, WV · NTEE: T90
| Metric | Value |
|---|---|
| Total Revenue | $53K |
| Total Expenses | $20K |
| Net Assets | $249K |
Is First Methodist Church Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About First Methodist Church Fund
First Methodist Church Fund (EIN: 556075855) is a nonprofit organization based in Parkersburg, WV, classified under NTEE code T90. The organization reported total revenue of $53K and total assets of $253K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of First Methodist Church Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
First Methodist Church Fund is a micro nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11K |
| Total Expenses | $20K |
| Surplus / Deficit | $-8,568 |
| Total Assets | $249K |
| Net Assets | $249K |
| Operating Margin | -75.3% |
| Months of Reserves | 150.0 months |
Financial Health Grade: B
In 2023, First Methodist Church Fund reported a deficit of $9K with expenses exceeding revenue, holds 150.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), First Methodist Church Fund's revenue has declined at a compound annual growth rate (CAGR) of -3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -34.2% | -27.8% | -3.3% |
| 2022 | -13.7% | +24.1% | -3.9% |
| 2021 | +53.9% | +2.9% | -0.8% |
| 2020 | -32.3% | +2.3% | -3.1% |
| 2019 | +120.5% | +0.9% | -0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for First Methodist Church Fund has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates First Methodist Church Fund with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $9K, with expenses exceeding revenue.
Frequently Asked Questions about First Methodist Church Fund
Is First Methodist Church Fund a legitimate charity?
First Methodist Church Fund (EIN: 556075855) is a registered tax-exempt nonprofit based in West Virginia. It has 13 years of IRS 990 filings on record. Total revenue: $53K. No red flags identified. Financial health grade: B.
How does First Methodist Church Fund spend its money?
First Methodist Church Fund reported $53K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to First Methodist Church Fund tax-deductible?
First Methodist Church Fund is registered as a tax-exempt nonprofit (EIN: 556075855). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is First Methodist Church Fund located?
First Methodist Church Fund is headquartered in Parkersburg, West Virginia and files with the IRS under EIN 556075855. It is classified under NTEE code T90.
How many years of IRS 990 filings does First Methodist Church Fund have?
First Methodist Church Fund has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $53K in total revenue.
Filing History
IRS 990 filing history for First Methodist Church Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), First Methodist Church Fund's revenue has declined by 37.9%, moving from $18K to $11K. Total assets decreased by 6.9% over the same period, from $268K to $249K. Total functional expenses rose by 32.5%, from $15K to $20K. In its most recent filing year (2023), First Methodist Church Fund reported a deficit of $9K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11K | $20K | $249K | $0 | — | View 990 |
| 2022 | $17K | $28K | $258K | $0 | — | View 990 |
| 2021 | $20K | $22K | $268K | $0 | — | — |
| 2020 | $13K | $22K | $270K | $0 | — | — |
| 2019 | $19K | $21K | $279K | $0 | — | View 990 |
| 2018 | $9K | $21K | $281K | $0 | — | View 990 |
| 2017 | $10K | $14K | $293K | $0 | — | View 990 |
| 2016 | $18K | $20K | $297K | $0 | — | View 990 |
| 2015 | $24K | $20K | $299K | $0 | — | View 990 |
| 2014 | $23K | $15K | $295K | $0 | — | View 990 |
| 2013 | $27K | $15K | $286K | $0 | — | View 990 |
| 2012 | $22K | $16K | $274K | $0 | — | View 990 |
| 2011 | $18K | $15K | $268K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11K, expenses of $20K, and assets of $249K (revenue -34.2% year-over-year).
- 2022: Revenue of $17K, expenses of $28K, and assets of $258K (revenue -13.7% year-over-year).
- 2021: Revenue of $20K, expenses of $22K, and assets of $268K (revenue +53.9% year-over-year).
- 2020: Revenue of $13K, expenses of $22K, and assets of $270K (revenue -32.3% year-over-year).
- 2019: Revenue of $19K, expenses of $21K, and assets of $279K (revenue +120.5% year-over-year).
- 2018: Revenue of $9K, expenses of $21K, and assets of $281K (revenue -10.4% year-over-year).
- 2017: Revenue of $10K, expenses of $14K, and assets of $293K (revenue -46.3% year-over-year).
- 2016: Revenue of $18K, expenses of $20K, and assets of $297K (revenue -25.7% year-over-year).
- 2015: Revenue of $24K, expenses of $20K, and assets of $299K (revenue +4.2% year-over-year).
- 2014: Revenue of $23K, expenses of $15K, and assets of $295K (revenue -12.2% year-over-year).
- 2013: Revenue of $27K, expenses of $15K, and assets of $286K (revenue +20.3% year-over-year).
- 2012: Revenue of $22K, expenses of $16K, and assets of $274K (revenue +21.0% year-over-year).
- 2011: Revenue of $18K, expenses of $15K, and assets of $268K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for First Methodist Church Fund:
Data Sources and Methodology
This transparency report for First Methodist Church Fund is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.