The Methodist Home for Children Inc

Nonprofit profile at a glance

EIN
560547482
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Raleigh, NC, USA
Phone
9198332834
Rating
87
Verdict
STRONG
Rating confidence
Standard
Sector
Group Homes
Affiliation
Christianity

Official website

Reported finances

Revenue
$28,092,650
Expenses
$27,654,303
Assets
$10,187,678
Liabilities
$5,071,129

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

39 people listed

Executive titles in this filing

  • Rev Ben Williams (President & CEO (From August '25- fiscal year))
  • Jessica Lang (VP Finance & CEO (Started October '24))
  • Rev Bruce Stanley (President & CEO (Through June '25))

Highest reported compensation

  • Rev Bruce Stanley (President & CEO (Through June '25)): $215,767 total reported compensation
  • Peter Williams (VP Finance & CFO (Through December '24)): $191,872 total reported compensation
  • Ben Sanders (VP Programs): $152,222 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To build upon the social, physical, emotional and spiritual strengths of children, youth and families and to affirm their worth.

What it reported doing in 2024

Juvenile Home Services - Methodist Home for Children, Inc. ("MHC") operates five multi-purpose juvenile homes providing services to youth involved in the juvenile justice system who are diverted to these homes to participate in a therapeutic environment focused on making positive behavioral changes. MHC operates three transitional living homes with a focus on helping the youth who are on juvenile probation learn independent living and vocational skills. MHC Operates four juvenile crisis and assessment centers providing crisis intervention, assessment and service planning for youth who require temporary out-of-home placement to stabilize their behaviors and provide an opportunity to determine effective interventions. MHC also operates one independent living home providing guidance toward complete independence to young adults who have completed our transitional living program. MHC served a total of 416 youth in these homes and assessment centers.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 96
  • Accountability: 98
  • Sustainability: 31
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.7%; rating input score 84
  • Program expense ratio: 84.9%; rating input score 85
  • Fundraising efficiency: $16.14 raised per $1 spent on fundraising; rating input score 51; 51st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 96.6%; rating input score 97; 30th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 1.6%; rating input score 40; 40th percentile among comparable filings
  • Total-asset coverage ratio: 0.37; rating input score 10; 10th percentile among comparable filings
  • Liabilities to assets ratio: 0.5; rating input score 29; 29th percentile among comparable filings
  • Officer compensation ratio: 5.1%; rating input score 50; 50th percentile among comparable filings

Growth

  • Program expense growth: 6.4% per year; rating input score 100; 52nd percentile among comparable filings
  • Revenue growth: 5.8% per year; rating input score 100; 50th percentile among comparable filings
  • Asset growth: 4.9% per year; rating input score 100; 35th percentile among comparable filings

Details

  • Where the money goes: 83.7% of revenue deployed · 84.9% of spending went to programs
  • Governance: 28 of 29 board members independent · 9 of 9 filing controls reported
  • Programs: 7 filed program accomplishments · $23.5M in reported program spending
  • Leadership: top reported pay $216K · 39 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $101K reported
  • Consistency: 39 of 39 current checks pass
  • Schedules: 9 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 10 filed money-flow records
  • Related organizations: 3 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Fundraising efficiency scored 51/100.
  • Moderate — Sustainability: Operating margin scored 40/100.
  • High — Sustainability: Total-asset coverage ratio scored 10/100.
  • High — Sustainability: Liabilities to assets ratio scored 29/100.
  • Review — Sustainability: Officer compensation ratio scored 50/100.