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Lovers Lane United Methodist Churchfoundation

EIN 75-1717845 · Dallas, TX

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong96 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TO BUILD A FINANCIAL CORNERSTONE IN SUPPORT OF LOVERS LANE UNITED METHODIST CHURCH AND ITS MISSION, OUTREACH AND EVANGELISM.

Income
$1.5 million
Spending
$1.3 million
Spent on programs
76%
Reserves
39.9 months of spending
Largest source of income
investment income, 71%
Employees
2
Volunteers
40
Highest pay
$127,524, executive di

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 96 out of 100. Higher than 87% of charities in its peer group (religion, $1m to $10m).

  • Reserves

    35 of 35

    Spendable reserves would cover 39.9 months of spending.

  • Debt

    16 of 20

    It owes 24% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 12% of income.

  • Income trend

    15 of 15

    Income rose 69% on the year before.

  • Spending floor

    15 of 15

    76% of spending went to programs and raising each dollar of donations cost 30 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 85% of charities in its peer group (religion, $1m to $10m).

  • Independent board

    25 of 25

    16 of 16 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $994,409 spent. THE LOVERS LANE UNITED METHODIST CHURCH FOUNDATION (THE "FOUNDATION") EXISTS SOLELY TO SUPPORT LOVERS LANE UNITED METHODIST CHURCH (THE "CHURCH") AND ITS MINISTRIES ("MINISTRIES"), THROUGH THE RECEIPT OF CONTRIBUTIONS TO ONE OR MORE ENDOWMENT FUNDS HELD BY THE FOUNDATION, WHICH ARE INVESTED AND THE INCOME AND GAINS FROM SUCH INVESTMENTS ARE USED TO MAKE DISTRIBUTIONS TO THE CHURCH, ITS MINISTRIES OR INDIVIDUALS SERVED BY THE CHURCH OR ITS MINISTRIES. 2024 WAS A GREAT YEAR FOR THE FOUNDATION. TOTAL ASSETS REMAIN AT THE HIGHEST LEVELS (MORE THAN 26M). OUR DISTRIBUTIONS OR GRANTS TO THE CHURCH AND ITS MINISTRIES HAVE GROWN FROM APPROXIMATELY 440,000 IN 2019 TO ALMOST 1 MILLION IN 2024. BELOW ARE EXAMPLES OF HOW THE FOUNDATION HAS SUPPORTED OUR CHURCH WITH GRANTS IN 2024 (ROUNDED TO NEAREST APPROXIMATE NUMBER): FACILITIES 521,000 CHURCH INTEREST CARRY 88,000 WALNUT HILL CHURCH 37,000 BENEVOLENCE 26,000 12TH STEP MINISTRY 18,000 ARTREACH GALLERY 13,000 DEAF MINISTRIES 12,000 CHILDREN MINISTRIES 3,000 12 STEP HOUSE OF HOPE 100,000 KENYA MISSIONS/SCHOLARSHIPS 84,000 CHURCH TECH UPGRADES 28,000 LECTURE SERIES 30,000 FAMILY MINISTRIES 14,000 MUSIC MINISTRY 13,000 MISSION/OUTREACH/CARE 6,000 PRISON MINISTRY 2,500 AS OF 12-31-2024 THE FOUNDATION'S ENDOWMENT FUNDS TOTALED MORE THAN 20M. ADDITIONALLY, THE FOUNDATION HOLDS AND INVESTS FUNDS ON BEHALF OF THE CHURCH AND ITS 501(C)(3) SUBSIDIARIES, TOTALING MORE THAN 6 MILLION. THE FOUNDATION IS MORE THAN JUST A SERIES OF ENDOWMENT TRUSTS -- IT IS LITERALLY THE FOUNDATION UPON WHICH MUCH OF THE FINANCES OF OUR CHURCH AND ITS MINISTRIES DEPEND. OUR CONGREGATION HAS MADE THE CHURCH PART OF THEIR LIVES -- THE FOUNDATION IS THEIR OPPORTUNITY TO MAKE THE CHURCH PART OF THEIR LEGACY. THE LOVERS LANE UNITED METHODIST CHURCH FOUNDATION (THE "FOUNDATION") EXISTS SOLELY TO SUPPORT LOVERS LANE UNITED METHODIST CHURCH (THE "CHURCH") AND ITS MINISTRIES ("MINISTRIES"), THROUGH THE RECEIPT OF CONTRIBUTIONS TO ONE OR MORE ENDOWMENT FUNDS HELD BY THE FOUNDATION, WHICH ARE INVESTED AND THE INCOME AND GAINS FROM SUCH INVESTMENTS ARE USED TO MAKE DISTRIBUTIONS TO THE CHURCH, ITS MINISTRIES OR INDIVIDUALS SERVED BY THE CHURCH OR ITS MINISTRIES. 2024 WAS A GREAT YEAR FOR THE FOUNDATION. TOTAL ASSETS REMAIN AT THE HIGHEST LEVELS (MORE THAN 26M). OUR DISTRIBUTIONS OR GRANTS TO THE CHURCH AND ITS MINISTRIES HAVE GROWN FROM APPROXIMATELY 440,000 IN 2019 TO ALMOST 1 MILLION IN 2024. BELOW ARE EXAMPLES OF HOW THE FOUNDATION HAS SUPPORTED OUR CHURCH WITH GRANTS IN 2024 (ROUNDED TO NEAREST APPROXIMATE NUMBER): FACILITIES 521,000 CHURCH INTEREST CARRY 88,000 WALNUT HILL CHURCH 37,000 BENEVOLENCE 26,000 12TH STEP MINISTRY 18,000 ARTREACH GALLERY 13,000 DEAF MINISTRIES 12,000 CHILDREN MINISTRIES 3,000 12 STEP HOUSE OF HOPE 100,000 KENYA MISSIONS/SCHOLARSHIPS 84,000 CHURCH TECH UPGRADES 28,000 LECTURE SERIES 30,000 FAMILY MINISTRIES 14,000 MUSIC MINISTRY 13,000 MISSION/OUTREACH/CARE 6,000 PRISON MINISTRY 2,500 AS OF 12-31-2024 THE FOUNDATION'S ENDOWMENT FUNDS TOTALED MORE THAN 20M. ADDITIONALLY, THE FOUNDATION HOLDS AND INVESTS FUNDS ON BEHALF OF THE CHURCH AND ITS 501(C)(3) SUBSIDIARIES, TOTALING MORE THAN 6 MILLION. THE FOUNDATION IS MORE THAN JUST A SERIES OF ENDOWMENT TRUSTS -- IT IS LITERALLY THE FOUNDATION UPON WHICH MUCH OF THE FINANCES OF OUR CHURCH AND ITS MINISTRIES DEPEND. OUR CONGREGATION HAS MADE THE CHURCH PART OF THEIR LIVES -- THE FOUNDATION IS THEIR OPPORTUNITY TO MAKE THE CHURCH PART OF THEIR LEGACY.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since September 1980.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

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