The Methodist Foundation of Arkansas 
The information on this page was last updated 7/2/2026. If you see errors or omissions, please email: [email protected]
Summary
Since 1963, The Methodist Foundation for Arkansas has provided a way for faithful stewards to support Methodist ministries. By offering financial resources, we empower Arkansas Methodist churches, individuals, and organizations to make a difference in the lives of others.
Contact information
Mailing address:
The Methodist Foundation of Arkansas
601 Wellington Village Road
Little Rock, AR 72211
Website: methodistfoundationar.org
Phone: 501-664-8632
Organization details
EIN: 710525462
CEO/President: Wayne Clark
Chairman: Sam Gibson
Board size: 18
Founder:
Ruling year: 2006
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: No
Member of ECFA since:
Purpose
By offering financial resources, we empower Arkansas Methodist churches, individuals, and organizations to make a difference in the lives of others.
Mission statement
The mission of the Methodist Foundation for Arkansas is to establish and manage charitable funds to strengthen and expand Methodist ministries across Arkansas.
Statement of faith
Donor confidence score
Show donor confidence score details
To understand our donor confidence score, click here.
Transparency grade
D
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Christian Foundations
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 1402 of 1412 | 22 of 23 |
| Fund acquisition rating | | 1410 of 1412 | 21 of 23 |
| Resource allocation rating | | 1383 of 1412 | 22 of 23 |
| Asset utilization rating | | 1188 of 1413 | 18 of 23 |
To understand our financial efficiency ratings, click here.
Financial ratios
| Funding ratios | Sector median | 2024 | 2023 | 2022 | 2020 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 0% | 16% | 14% | 8% | 7% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 0% | 6% | 6% | 4% | 1% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 81% | 36% | 47% | 47% | 9% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 0% | 11% | 11% | 9% | 4% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 19% | 64% | 53% | 53% | 91% |
| Operating ratios | Sector median | 2024 | 2023 | 2022 | 2020 |
Program expense ratio Program expense ratio = Program services / Total expenses | 95% | 44% | 47% | 52% | 55% |
Spending ratio Spending ratio = Total expenses / Total revenue | 79% | 52% | 60% | 44% | 17% |
Program output ratio Program output ratio = Program services / Total revenue | 73% | 23% | 28% | 23% | 9% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 21% | 48% | 40% | 56% | 83% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 7% | 3% | 2% | 5% | 15% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 5% | 45% | 43% | 39% | 41% |
| Investing ratios | Sector median | 2024 | 2023 | 2022 | 2020 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.29 | 0.02 | 0.02 | 0.02 | 0.01 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.21 | 1.02 | 1.02 | 1.02 | 1.02 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 0.31 | 0.02 | 0.02 | 0.02 | 0.01 |
| Liquidity ratios | Sector median | 2024 | 2023 | 2022 | 2020 |
Current ratio Current ratio = Total current assets / Total current liabilities | 408.53 | 0.00 | 0.00 | 0.00 | 0.00 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 38.01 | 760.20 | 707.04 | 643.11 | 830.64 |
| Solvency ratios | Sector median | 2024 | 2023 | 2022 | 2020 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 1% | 52% | 52% | 53% | 51% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 324% | 3110% | 2901% | 2603% | 3436% |
Financials
| Balance sheet | ||||
| Assets | 2024 | 2023 | 2022 | 2020 |
| Cash | $8,665,028 | $6,775,123 | $8,292,560 | $6,772,126 |
| Receivables, inventories, prepaids | $0 | $0 | $0 | $0 |
| Short-term investments | $213,215,700 | $205,641,755 | $185,614,505 | $205,082,101 |
| Other current assets | $0 | $0 | $0 | $0 |
| Total current assets | $221,880,728 | $212,416,878 | $193,907,065 | $211,854,227 |
| Long-term investments | $0 | $0 | $0 | $332,122 |
| Fixed assets | $3,321,688 | $3,422,248 | $3,511,230 | $3,700,878 |
| Other long-term assets | $1,210,003 | $1,210,003 | $1,234,706 | $0 |
| Total long-term assets | $4,531,691 | $4,632,251 | $4,745,936 | $4,033,000 |
| Total assets | $226,412,419 | $217,049,129 | $198,653,001 | $215,887,227 |
| Liabilities | 2024 | 2023 | 2022 | 2020 |
| Payables and accrued expenses | $0 | $0 | $0 | $0 |
| Other current liabilities | $0 | $0 | $0 | $0 |
| Total current liabilities | $0 | $0 | $0 | $0 |
| Debt | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $117,480,507 | $112,479,188 | $104,490,177 | $110,732,863 |
| Total long-term liabilities | $117,480,507 | $112,479,188 | $104,490,177 | $110,732,863 |
| Total liabilities | $117,480,507 | $112,479,188 | $104,490,177 | $110,732,863 |
| Net assets | 2024 | 2023 | 2022 | 2020 |
| Without donor restrictions | $5,990,068 | $5,772,743 | $5,967,785 | $5,162,777 |
| With donor restrictions | $102,941,844 | $98,797,198 | $88,195,039 | $99,991,587 |
| Net assets | $108,931,912 | $104,569,941 | $94,162,824 | $105,154,364 |
| Revenues and expenses | ||||
| Revenue | 2024 | 2023 | 2022 | 2020 |
| Total contributions | $2,425,042 | $2,824,014 | $3,936,130 | $1,666,356 |
| Program service revenue | $1,282,712 | $1,177,604 | $828,035 | $1,040,941 |
| Membership dues | $0 | $0 | $0 | $0 |
| Investment income | $3,041,496 | $2,028,936 | $3,543,205 | $15,687,689 |
| Other revenue | $0 | $0 | $0 | $0 |
| Total other revenue | $4,324,208 | $3,206,540 | $4,371,240 | $16,728,630 |
| Total revenue | $6,749,250 | $6,030,554 | $8,307,370 | $18,394,986 |
| Expenses | 2024 | 2023 | 2022 | 2020 |
| Program services | $1,546,384 | $1,676,628 | $1,879,989 | $1,683,675 |
| Management and general | $1,568,491 | $1,542,596 | $1,409,459 | $1,256,706 |
| Fundraising | $387,593 | $385,961 | $328,705 | $120,198 |
| Total expenses | $3,502,468 | $3,605,185 | $3,618,153 | $3,060,579 |
| Change in net assets | 2024 | 2023 | 2022 | 2020 |
| Surplus (deficit) | $3,246,782 | $2,425,369 | $4,689,217 | $15,334,407 |
| Other changes in net assets | $0 | $0 | $0 | $0 |
| Total change in net assets | $3,246,782 | $2,425,369 | $4,689,217 | $15,334,407 |
Compensation
| Name | Title | Compensation |
| Rev J Wayne Clark | President and CEO | $261,103 |
| Mr Clarence E Trice | Senior Vice President and CFO | $208,510 |
| Rev Lynn Kilbourne | Director of Development | $130,214 |
Compensation data as of: 12/31/2024
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 7/2/2026. To update the information below, please email: [email protected]
History
The Methodist Foundation for Arkansas began in 1963 with a group of Methodists who had a vision for the ongoing support of the church in Arkansas (formerly The United Methodist Foundation of Arkansas). They wanted to create a plan that would fund the needs of Methodist ministries in Arkansas forever.
Inspired by their initial work, Jim Argue, Jr., then-President and CEO, joined the Foundation in 1981 when assets were $100,000. He began in a borrowed office with donated tools. Still, he steadily built the Foundation's assets through relationships with Methodists who wanted their support of the church to last beyond their lifetimes.
Generations of donors have made The Methodist Foundation for Arkansas a beneficiary of their planned and outright gifts, building the total assets to over $190 million in 2020. Today the Foundation is one of the largest in the U.S. We manage over 800 accounts, have a nine-person staff, and are supported by a network of consultants and advisors who assist us in audit, investments, legal affairs, and technology.
The Foundation makes grants in areas of clergy and lay leadership, hunger, children's ministries, seminary scholarships, outdoor ministries, and much more.
Throughout its history, The Methodist Foundation for Arkansas has remained focused on our founding members' vision as we help Methodists from around our state create charitable endowments that will enhance Methodist ministries for generations to come.