The Methodist Home For Children Inc

Organization Overview

The Methodist Home For Children Inc is located in Raleigh, NC. The organization was established in 1937. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. As of 06/2022, Methodist Home For Children Inc employed 467 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Methodist Home For Children Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Methodist Home For Children Inc generated $22.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $22.3m during the year ending 06/2022. While expenses have increased by 7.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

CHILDREN AND FAMILY SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

JUVENILE HOME SERVICES - METHODIST HOME FOR CHILDREN, INC. ("MHC") OPERATES SIX 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 ALSO OPERATES THREE 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 SERVED A TOTAL OF 475 YOUTH IN THESE HOMES AND ASSESSMENT CENTERS.


FOSTER CARE & ADOPTIONS - MHC PROVIDES FOSTER CARE SERVICES FOR YOUTH WHO ARE EXPERIENCING TRAUMA DUE TO ISSUES INVOLVING ABUSE, NEGLECT, AND/OR POTENTIAL HOMELESSNESS OR MENTAL HEALTH NEEDS. SPECIFIC SERVICES INCLUDE TRADITIONAL FOSTER CARE, THERAPEUTIC FOSTER CARE (CHILDREN WITH SPECIFIC AND CHRONIC MENTAL HEALTH DIAGNOSES), KINSHIP CARE (CHILDREN WHO CAN BE PLACED WITH A FAMILY MEMBER), RAPID RESPONSE CRISIS STABILIZATION (CHILDREN IN CRISIS WHO NEED EMERGENCY SHORT-TERM CARE), JUVENILE JUSTICE FOSTER CARE (RUNAWAYS, GANG-AFFILIATED TEENS, OR OTHER COURT-INVOLVED YOUTH), AND ADOPTIONS (FOSTER CHILDREN WHO ARE UNABLE TO REUNITE WITH THEIR BIOLOGICAL FAMILIES). MHC SERVED A TOTAL OF 112 CHILDREN AND YOUTH IN THESE PROGRAMS, INCLUDING 4 ADOPTIONS.


EARLY CHILDHOOD SERVICES - MHC OPERATES TWO FIVE-STAR EARLY CHILD CARE CENTERS PROVIDING SERVICES FOR TYPICALLY AND ATYPICALLY DEVELOPING CHILDREN IN AN INCLUSIVE CLASSROOM. 40% OF THE ENROLLED CHILDREN RECEIVED FINANCIAL ASSISTANCE. 18% OF THE ENROLLED CHILDREN RECEIVE THERAPEUTIC SUPPORT INCLUDING SPEECH, OCCUPATIONAL OR PHYSICAL THERAPY, SPECIAL EDUCATION, OR DEVELOPMENTAL THERAPY. 100% OF KINDERGARTENERS ACHIEVED READINESS GOALS THROUGH A STANDARDIZED ASSESSMENT. MHC SERVED A TOTAL OF 197 CHILDREN IN THIS PROGRAM.


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Board, Officers & Key Employees

Name (title)Compensation
Rev Bruce Stanley
President & CEO
$169,453
Peter Williams
VP Finance & CFO
$130,821
Polly Willis
VP Advancement
$130,367
Ben Sanders
VP Programs
$127,733
Ken Perry
VP Operations
$121,576
Samuel Gray PHD
Chief Psychologist
$101,429

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Bradley Adam Bieber
Landscape Design Services
$105,000
Stephen F Mceachen
Psychological Services
$103,530
Stephen F Mceachen
Psychological Services
$103,530
Bradley Adam Bieber
Landscape Design Services
$105,000
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$9,591
Related organizations$0
Government grants $13,908,741
All other contributions, gifts, grants, and similar amounts not included above$2,795,877
Noncash contributions included in lines 1a–1f $140,155
Total Revenue from Contributions, Gifts, Grants & Similar$16,714,209
Total Program Service Revenue$4,879,172
Investment income -$86,957
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$827
Net Gain/Loss on Asset Sales $213,992
Net Income from Fundraising Events $30,167
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $22,308,559

Grants Recieved

Over the last fiscal year, we have identified 38 grants that The Methodist Home For Children Inc has recieved totaling $375,453.

Awarding OrganizationAmount
Maynard Family Foundation

Raleigh, NC

PURPOSE: CHILDCARE PROGRAM AT WASHINGTON TERRACE

$125,000
The Eddie And Jo Allison Smith Family Foundation Inc

Greenville, NC

PURPOSE: FOSTER CARE TRAINING AND SUPPORT IN EASTERN NC

$28,000
North Carolina Community Foundation Inc

Raleigh, NC

PURPOSE: PUBLIC & SOCIETAL BENEFIT

$22,000
Bright Funds Foundation

San Jose, CA

PURPOSE: GENERAL PURPOSE

$20,413
Goldman Sachs Philanthropy Fund

New York, NY

PURPOSE: RELIGIOUS

$20,000
Elwood And Rosadell Martin Charitable Tr Ua Dtd 6-12-01

Wilmington, NC

PURPOSE: ASSIST NEEDY AND UNDERPRIVILEGED INDIVIDUALS

$20,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$24,308,726
Earnings-$2,694,393
Net Contributions$1,053,995
Other Expense$929,684
Ending Balance$21,738,644

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