UNITED METHODIST COMMITTEE ON RELIEF OF GLOBAL MINISTRIES, INC. AND AFFILIATES CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
DECEMBER 31, 2024 AND 2023
2024
2023
ASSETS Cash and cash equivalents
$
9,024,768
$
8,412,587
Investments
108,371,849
110,199,999
Investments in securities of Wesleyan Investive
1,471,355
1,477,488
Receivables: Advance special gifts
6,538,244 7,754,566 1,598,178
3,815,041 4,156,459 1,667,270
Note receivable
Bequests and other
Due from General Board of Global Ministries of The United Methodist Church, Inc.
141,618
375,344
Inventory and other assets Buildings and equipment, net
2,420
8,121
1,663,817
1,730,020
Endowment funds held by General Board of Global Ministries of The United Methodist Church, Inc.
1,588,973 1,477,299
1,604,591 1,462,691
Perpetual trusts held by others
$
139,633,087
$ 134,909,611
Total Assets
LIABILITIES AND NET ASSETS Liabilities: Due to General Board of Global Ministries of The United Methodist Church, Inc. Accounts payable and accrued expenses
$
937,469
$
398,344
2,669,540 8,668,187 1,070,600
1,865,502 21,859,022 1,401,713
Grants payable
Funds held for others
Total Liabilities
13,345,796
25,524,581
Net Assets: Without Donor Restrictions: Invested in buildings and equipment
1,663,817 54,837,592
1,730,020 50,038,064
Undesignated
Total Without Donor Restrictions
56,501,409
51,768,084
With Donor Restrictions: Subject to donor restrictions
65,187,524 4,598,358
53,076,723 4,540,223
Endowments and other perpetual trusts
Total With Donor Restrictions
69,785,882
57,616,946
Total Net Assets
126,287,291
109,385,030
$
139,633,087
$ 134,909,611
Total Liabilities and Net Assets
The accompanying notes to the consolidated financial statements are an integral part of these statements. 3
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