Logo for "Permanent Endowment Fund of Moody Methodist Church"

Permanent Endowment Fund of Moody Methodist Church

Permanent Endowment Fund of Moody Methodist Church

Galveston, TX, US
501(c)3
EIN
76-0680471
Regional Funder
Logo for "Permanent Endowment Fund of Moody Methodist Church"

Permanent Endowment Fund of Moody Methodist Church

Galveston, TX, US
501(c)3
EIN
76-0680471
Regional Funder

Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$412,025,898

Investments
98%
Receivables (Non-Related)
<1%
Cash & Equivalents
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)

$8,521,091

Grants Payable
>99%
Payables & Accruals
<1%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$11,639,828
$3,174,125
-73%
Receivables (Non-Related)
$4,524,317
$3,749,336
-17%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$23,226
$29,662
+28%
Investments
$107,368,551
$405,072,775
+277%
Property, Plant, & Equipment (net)
-
-
-
Other Assets
-
-
-
Total Assets
$123,555,922
$412,025,898
+233%
Liabilities
2023
2024
Change
Payables & Accruals
$1,271
$65,882
+5083%
Grants Payable
$1,693,476
$8,455,209
+399%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,694,747
$8,521,091
+403%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$121,861,175
$403,504,807
+231%
Net assets
2023
2024
Change
Net assets
+$121,861,175
+$403,504,807
+231%
Balance Sheet
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