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United Methodist Agency for the Retarded (UMAR)

Rating
Sector:

Relief and Development

Total
Revenue:

$6,509,671

Total
Expenses:

$6,372,414

Net
Assets:

$6,153,501
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Profile Contents

Research Analysis
Financial Information

Ministry Pie Chart

Database Avg This Ministry
Program 84% 82.6%
General & Admin 12.5% 11.7%
Fundraising 6.8% 3.7%
Savings -4.4% 2.1%


Ministry Pie Chart

Ministry Pie Chart

Age Size Box:

>50
Yr(s)25-50
<25
<$1m$1m-
$5m
>$5m

Summary

The United Methodist Agency for the Retarded ("UMAR") is a not-for-profit organization that is dedicated to providing residential opportunities that allow developmentally disabled adults to live in their communities as independently as possible, in safe, accessible housing, with grace and dignity. Established in 1983, UMAR operates 22 group homes across Western North Carolina from Hayesville to Greensboro.

Contact Information: [ Back to top ]

Mailing Address:P.O. Box 1558
Huntersville, NC
28070-8070
Website: www.UMARinfo.com
Phone:(888) 862-8627, (704) 875-1328
Email:You need to enable javascript to see the email

Organization Details [ Back to top ]

EIN: 561381671
CEO/President: Mr. Steve Sellers Tax Deductible: Yes
Chairman: Mr. Jim Cochran Fiscal Year End: June 30
Board Size: 17 Financial info from: 990
Founder: Member of ECFA: No
Year Founded: 1983 Member of ECFA since:

Purpose [ Back to top ]

The United Methodist Agency for the Retarded ("UMAR") is a not-for-profit organization that is dedicated to providing residential opportunities that allow developmentally disabled adults to live in their communities as independently as possible, in safe, accessible housing, with grace and dignity. Established in 1983, UMAR operates 20 group homes and 8 apartments across Western North Carolina from Hayesville to Greensboro.

UMAR homes typically house six residents differing in age, ethnic and religious background. Facilitating personal choice and respect for individual differences is our priority. UMAR commits itself to focusing on the aspects of daily living involved with the residents of our homes. The well-trained staff assists each resident with personal rehabilitation, family support, health and dental care, personal hygiene, access to community resources (banking, shopping, legal counsel), support groups, vocational coordination, social interaction, education and transportation. UMAR cares about the resident's lives and works to enhance their quality of life.

Mission Statement [ Back to top ]

UMAR uses the following to express its mission:

To encourage independent living and provide quality of life care in community-based residential facilities for adults with developmental disabilities.

Program Accomplishments [ Back to top ]

Need Program Accomoplishments info

Statement of Faith [ Back to top ]

This profile needs a statement of faith

History [ Back to top ]

Need History Info

Ministry Needs [ Back to top ]

This organization has not offered MinistryWatch.com with specific needs to be posted on the profile. At such a time that MinistryWatch.com receives a response from the ministry, it will be posted immediately.

Research Analysis

Transparency Grade [ Back to top ]

Transparency Grade of : B
Criteria categoryGradeOther Comments
Timeliness:7011/18/2011 10:40:10 AM: Organization made financial information available greater than 7 ½ months.
Financial Information:100
Foundational Clarity:
Level of Cooperation:
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MinistryWatch.com 5 Star Financial Efficiency Ratings [ Back to top ]

Ranking CategoryRatingOverall RankRelief and Development Sector
Overall Efficiency RatingStarStar254 of 348    43 of 52
Fund Acquisition DecisionStarStar254 of 348      43 of 52
Resource Allocation Decision of 348      4 of 52
Asset Utilization Decision of 348      4 of 52
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Ministry Statement or Response [ Back to top ]

This organization has not offered MinistryWatch.com with an official statement or response for their profile. This area is meant as a mechanism for the profiled ministry to communicate anything they may choose. It is open ended as to the topic, issues, facts or news to address. It is not negative if there is no official statement as many don’t have anything to add than what is already on the profile. This section is not tied to transparency or to communication in general. Many very open and talkative ministries with us choose not to post an official statement. This section is just an open ended offering to the profiled ministry for anything extra to say as they may choose.

Financial Information:

Financial Ratios[ Back to top ]

Funding RatiosDatabase Average20102009200820072006
Return on FR Efforts10%36%0%31%13%17%
Fundraising Cost Ratio7%4%0%4%3%4%
Contributions Reliance83%10%0%13%20%21%
Fundraising Expense Ratio7%4%0%4%3%4%
Other Revenue Reliance17%90%0%87%80%79%
Operating RatiosDatabase Average20102009200820072006
Program Expense Ratio80%84%0%84%84%85%
Spending Ratio104%98%0%100%81%96%
Program Output Ratio84%83%0%84%68%82%
Savings Ratio-4%2%0%0%19%4%
Reserve Accumulation Rate4%2%0%0%21%4%
General & Admin Ratio12%12%0%12%13%12%
Investing RatiosDatabase Average20102009200820072006
Total Asset Turnover2.91x.93x0x.94x.79x.94x
Degree of L-T Investment3.1x2.97x0x3.14x2.67x3.74x
Current Asset Turnover5.56x2.78x0x2.96x2.12x3.53x
Age of Assets10.5yr(s)8.6yr(s)0.0yr(s)8.5yr(s)7yr(s)6.5yr(s)
Liquidity RatiosDatabase Average20102009200820072006
Current Ratio3306.32x4.69x0x3.49x5.28x3.5x
Current Liabilities Ratio.39x.21x0x.29x.19x.29x
Liquid Reserve Level4.91x3.4x0x2.89x4.6x2.43x
Solvency RatiosDatabase Average20102009200820072006
Liabilities Ratio.3x.1x0x.13x.11x.16x
Debt Ratio.07x.03x0x.04x.04x.08x
Reserve Coverage Ratio81%97%0%92%112%89%

Financials[ Back to top ]

Balance Sheet
Assets20102009200820072006
Cash$1,247,811$0$552,168$970,888$125,274
Receivables, Inventories & Prepaids$654,604$0$1,004,977$849,070$786,717
Short-Term Investments$392,508$0$436,956$492,698$452,718
Total Current Assets$2,294,923$0$1,994,101$2,312,656$1,364,709
Long-Term Investments$0$0$0$0$0
Fixed Assets$3,934,711$0$3,752,248$3,261,152$3,583,640
Other Long-Term Assets$597,188$0$511,190$600,435$149,103
Total Long-Term Assets$4,531,899$0$4,263,438$3,861,587$3,732,743
TOTAL ASSETS$6,826,822$0$6,257,539$6,174,243$5,097,452
Liabilities20102009200820072006
Payables & Accrued Expenses$489,340$0$570,700$424,866$375,889
Other Current Liabilities$0$0$0$12,829$14,583
Total Current Liabilities$489,340$0$570,700$437,695$390,472
Debt$183,981$0$236,334$259,823$420,852
Other Long-Term Liabilities$0$0$0$0$0
Total Long-Term Liabilities$183,981$0$236,334$259,823$420,852
TOTAL LIABILITIES$673,321$0$807,034$697,518$811,324
Assets20102009200820072006
Unrestricted$5,768,035$0$4,953,807$4,980,027$3,789,430
Temporarily Restricted$174,902$0$286,134$286,134$286,134
Permanently Restricted$210,564$0$210,564$210,564$210,564
NET ASSETS$6,153,501$0$5,450,505$5,476,725$4,286,128
Revenue and Expenses
Revenue20102009200820072006
Total Contributions$667,529$0$758,467$1,214,240$1,048,702
Program Service Revenue$5,770,080$0$4,737,560$4,459,750$3,736,580
Membership Dues$0$0$0$0$0
Investment Income($31,732)$0$33,982$33,943$12,546
Other Revenue$103,794$0$394,392$325,535$193,326
Total Other Revenue$5,842,142$0$5,165,934$4,819,228$3,942,452
TOTAL REVENUE$6,509,671$0$5,924,401$6,033,468$4,991,154
Expenses20102009200820072006
Program Services$5,381,234$0$4,976,981$4,105,348$4,070,587
Management & General$749,019$0$690,957$630,787$562,588
Fundraising$242,161$0$235,927$156,939$179,904
TOTAL EXPENSES$6,372,414$0$5,903,865$4,893,074$4,813,079
Change in Net Assets20102009200820072006
SURPLUS (DEFICIT)$137,257$0$20,536$1,140,394$178,075
Other Changes in Net Assets$0$0($46,756)$50,203($1,544)
TOTAL CHANGE IN NET ASSETS$137,257$0($26,220)$1,190,597$176,531