2023-10-02T16:41:28-05:00 2022-12-31 430765316 RUBINBROWN LLP 7676 FORSYTH BLVD SUITE 2100 SAINT LOUIS MO 63105 990 2022-01-01 430681471 GREAT CIRCLE GREA 5732653251 PO BOX 189 ST JAMES MO 655590189 JASON HOOPER BOARD MEMBER 5732653251 2023-09-25 1 JASON HOOPER 999009999 1 KIMBERLY A RYAN P00829977 3142903300 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z PAULA FLEMING PO BOX 189 ST JAMES MO 655590189 60395287 0 X WWW.GREATCIRCLE.ORG X 1949 MO GREAT CIRCLE INSPIRES LIFE-CHANGING HOPE AND HEALING SO THAT ALL CHILDREN, FAMILIES AND COMMUNITIES CAN THRIVE. 21 21 1185 753 0 0 9788822 4593755 60976045 53418094 1335261 1099037 277322 318600 72377450 59429486 37615 476856 0 0 50645641 40979689 0 0 1575020 24688641 26148080 75371897 67604625 -2994447 -8175139 65373466 55924156 7225315 9948010 58148151 45976146 GREAT CIRCLE INSPIRES LIFE-CHANGING HOPE AND HEALING SO THAT ALL CHILDREN, FAMILIES AND COMMUNITIES CAN THRIVE. 0 0 56027636 476856 53418094 PROVIDES SPECIALIZED BEHAVIORAL HEALTH SERVICES FOR YOUTH AND FAMILIES THROUGH 24-HOUR SPECIALIZED CARE, THERAPEUTIC EDUCATIONAL DAY TREATMENT, AND COMMUNITY-BASED OUTREACH PROGRAMS. 24-HOUR SPECIALIZED CARE SERVED 895 CHILDREN. OVERALL, APPROXIMATELY 22,926 DIRECT AND INDIRECT CLIENTS WERE SERVED. 56027636 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 0 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 142 0 1185 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X LEROY NUNN 5732653251 PO BOX 189 ST JAMES MO 65559 ANDREW MIEDLER CHAIR-EXECUTIVE COMMITTEE 1.00 X X 0 0 0 HEATHER WOOD SECRETARY 1.00 X X 0 0 0 CHRIS TUCKER TREASURER 1.00 X X 0 0 0 PEGGY GORDIN CO-CHAIR 1.00 X X 0 0 0 TED ARMSTRONG BOARD MEMBER 1.00 1.00 X 0 0 0 CHERYL AVANT BOARD MEMBER 1.00 X 0 0 0 RICH BACHUS BOARD MEMBER 1.00 X 0 0 0 ANGELA BUSS BOARD MEMBER 1.00 X 0 0 0 BENJAMIN COSTELLO BOARD MEMBER 1.00 X 0 0 0 CLARK DAVIS BOARD MEMBER 1.00 1.00 X 0 0 0 EMILY EDGELL BOARD MEMBER 1.00 X 0 0 0 WILLIAM J FLECK BOARD MEMBER 1.00 X 0 0 0 KELLY GAST BOARD MEMBER 1.00 X 0 0 0 JACK GILLIS BOARD MEMBER 1.00 X 0 0 0 DARRYL MCKINNEY BOARD MEMBER 1.00 X 0 0 0 BRYON PIERCE BOARD MEMBER 1.00 X 0 0 0 DENNY REAGAN BOARD MEMBER 1.00 X 0 0 0 BARBARA RICHTER BOARD MEMBER 1.00 X 0 0 0 BRIAN SALMO BOARD MEMBER 1.00 X 0 0 0 PAUL SUNDET BOARD MEMBER (THRU 9/2022) 1.00 X 0 0 0 JULIE SWARD BOARD MEMBER 1.00 X 0 0 0 RICHARD WARD BOARD MEMBER 1.00 1.00 X 0 0 0 PAULA FLEMING PRESIDENT & CEO 50.00 X 456269 0 32912 LEROY NUNN CHIEF FINANCIAL OFFICER 50.00 X 288821 0 49894 JOHN MONEY CHIEF OPERATING OFFICER 50.00 X 192519 0 28691 CHERYL SCHUETZE CHIEF LEGAL OFFICER 50.00 X 223043 0 27647 MICHAEL SINGER VP OF ADVANCEMENT 50.00 X 179264 0 19450 BRANDY PFEIFER VP OF RES. TREATMENT SERVICES 50.00 X 169161 0 10114 MICHAEL GOLDEN VP OF EDUCATION 50.00 X 175650 0 17446 PHILLIP MCQUEEN VP OF INFORMATION TECHNOLOGY 50.00 X 153309 0 32058 CONNIE FARROW CHIEF COMMUNICATIONS & MARKETING 50.00 X 174285 0 13785 JULIA KELSH-ADAMI VP OF COMMUNITY BASED SERVICES 50.00 X 162577 0 27574 SARA LOFTIS CHIEF OPERATING OFFICER 50.00 X 120348 0 2552 CHRISTINA TODD DIRECTOR - NURSING 50.00 X 120213 0 13451 KENNETH CORALLO DIRECTOR - ELECTRONIC HEALTH RECORDS 50.00 X 116957 0 7156 PAM DAWSON DIRECTOR - SPECIAL EDUCATION 50.00 X 104475 0 30035 LESLIE WISS SR. DIRECTOR - TRAUMA INFORMED SERV. 50.00 X 102007 0 19227 VINCE HILLYER FORMER CHIEF EXECUTIVE OFFICER 0.00 X 226313 0 40188 2965211 0 372180 17 1 1 0 BRYAN CAVE LEIGHTON PAISNER LLP PO BOX 503089 ST LOUIS MO 631503089 LEGAL SERVICES 1641714 BRINGING FAMILIES TOGETHER 7151 NORTH LINDBERGH HAZELWOOD MO 63042 COMMUNITY BASED FAMILY SERVICES 554758 HOPE CONNECTIONS 704 ROUTE 66 101 WAYNESVILLE MO 65583 COMMUNITY BASED FAMILY SERVICES 265130 KATRINA TAYLOR AND ASSOCIATES LLC 7601 NATURAL BRIDGE RD STE 102 ST LOUIS MO 63121 COMMUNITY BASED FAMILY SERVICES 191625 POLSINELLI SHALTON WELTE SUELTHAUS PC 700 W 47TH ST STE 1000 KANSAS CITY MO 64112 LEGAL SERVICES 150514 5 186770 118840 1382993 2905152 1009613 4593755 REHABILITATION 621400 41566227 41566227 EDUCATION DAY TREATMENT 621400 8553709 8553709 THERAPY 621400 1529206 1529206 PROGRAM SUPPORT 621400 1303291 1303291 465661 465661 53418094 992187 992187 858617 138016 762349 127434 96268 10582 106850 106850 394618 118840 76018 318600 318600 59429486 53418094 0 1417637 476856 476856 2434469 506270 1729485 198714 31456536 28155733 2418829 881974 757021 588908 125340 42773 3814093 3438370 315321 60402 2517570 2085729 355399 76442 1863241 1863241 129393 129393 54000 54000 15952 15952 756885 591960 156877 8048 107714 70 15086 92558 3776288 1415581 2264272 96435 1482349 1401565 66415 14369 976920 885543 75918 15459 16031 16031 3065988 2867727 164509 33752 3011993 2852706 119171 40116 COTTAGE EXPENSES 9893900 9893900 REPAIRS AND MAINTENANCE 996581 865873 116730 13978 BAD DEBT 845 845 67604625 56027636 10001969 1575020 8450644 2918735 805326 369643 6634328 8090146 522626 503077 80245647 47427809 36909844 32817838 6212246 5153265 1672100 1664301 4166352 4407151 65373466 55924156 5036747 6495716 50875 66087 14764 7584 2122929 3378623 7225315 9948010 X 50502544 39680776 7645607 6295370 58148151 45976146 65373466 55924156 X -8175139 -757485 -3239381 X 0 1 X 1 1 1 X 6863272 6747355 8836556 9788822 4593755 36829760 6863272 6747355 8836556 9788822 4593755 36829760 6369451 30460309 1184132 697287 749640 1340425 992187 4963671 246205 563223 162140 277322 318600 1567490 43360921 332886422 0.70250 0.72150 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 54000 0 0 54000 0 PART II-B, LINE 1: GREAT CIRCLE INCURRED $54,000 IN LOBBYING RELATED DIRECT CONTACT WITH LEGISLATORS AND PAYMENTS TO A LOBBYING FIRM IN 2022. 3003366 -280691 64041 2658634 2973098 271736 241468 3003366 2861671 253372 141945 2973098 2564359 297312 2861671 1184535 1000000 399579 19755 2564359 1.00000 0 1 1 31679 2897154 2928833 2687083 57898307 33145433 27439957 8253395 6874904 1378491 8478029 7407472 1070557 32817838 PERPETUAL TRUSTS 3155378 LIFE INSURANCE 206651 RIGHT OF USE ASSET 1045122 4407151 ACCRUED RETIREMENT LIABILITY 1300554 ANNUITIES PAYABLE 954198 LEASE LIABILITY 1123871 3378623 55948576 -757485 -2707473 -3464958 59413534 15952 15952 59429486 67056765 -531908 -531908 67588673 15952 15952 67604625 PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT HAS BEEN RESTRICTED BY THE DONOR SUCH THAT INCOME EARNED BY THE ENDOWMENT MAY BE USED FOR OPERATIONS AND SCHOLARSHIPS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF PERPETUAL TRUSTS -808,587. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -88,596. IMPAIRMENT LOSS OF PROPERTY HELD FOR SALE -1,810,290. PART XII, LINE 2D - OTHER ADJUSTMENTS: PENSION RELATED COSTS -531,908. PART X, LINE 2 SINCE THE ORGANIZATION IS EXEMPT FROM INCOME TAXES, FOOTNOTE DISCLOSURE OF UNCERTAIN TAX POSITIONS IS NOT REQUIRED UNLESS MANAGEMENT BELIEVES THAT A MATERIAL LIABILTIY FOR AN UNCERTAIN TAX POSITION EXISTS, THEREFORE THE FINANCIAL STATEMENTS DO NOT INCLUDE A FOOTNOTE ON UNCERTAIN TAX POSITIONS. PART XI, LINE 2D DURING 2022, THE ORGANIZATION BEGAN ACTIVELY MARKETING ITS LAND, BUILDINGS AND IMPROVEMENTS AND EQUIPMENT AND FURNISHINGS IN MARSHALL FOR SALE IN MULTIPLE PARCELS, CONSISTING OF THE MAIN CAMPUS AND FOUR COTTAGES. BASED ON A FAIR VALUE ASSESSMENT AS WELL AS CONTRACTED SALES PRICES OF SALE SUBSEQUENT TO YEAR END, AN IMPAIRMENT LOSS OF $1,810,290 WAS RECOGNIZED ON THE MAIN CAMPUS AND ONE OF THE COTTAGES. SPG HANDBAGS OF HOPE 148725 16000 132725 21574 STL FALL FETE 123685 77975 45710 26300 5 241048 24865 216183 28144 513458 118840 394618 76018 76018 318600 1 GREAT CIRCLE ENDOWMENT PO BOX 189 SAINT JAMES MO 65559 431743289 501(C)(3) 476856 0 OPERATIONAL SUPPORT 1 0 PART I, LINE 2: THE PRIMARY PURPOSE OF GREAT CIRCLE ENDOWMENT IS TO MANAGE AND ADMINISTER THE ENDOWMENT FUNDS AND OTHER INVESTMENT ASSETS OF GREAT CIRCLE. WHEN LEGACIES ARE RECEIVED BY GREAT CIRCLE, THEY ARE TRANSFERRED TO GREAT CIRCLE ENDOWMENT FOR MANAGEMENT. GREAT CIRCLE ENDOWMENT IS A SUPPORTING ORGANIZATION OF GREAT CIRCLE AND PROVIDES PERIODIC DISTRIBUTIONS TO GREAT CIRCLE'S OPERATING BUDGET. GIVEN SOME COMMON BOARD MEMBERSHIP BETWEEN GREAT CIRCLE AND GREAT CIRCLE ENDOWMENT, ONGOING MONITORING OF THE GRANT FUNDS IS PERFORMED TO ENSURE THEY ARE USED TO SUPPORT THE ORGANIZATION'S MISSION. X X X X X 0 1 0 0 0 0 0 0 0 PAULA FLEMING PRESIDENT & CEO 302038 0 154231 0 0 0 32912 0 0 0 489181 0 0 0 LEROY NUNN CHIEF FINANCIAL OFFICER 224582 0 64239 0 0 0 25276 0 24618 0 338715 0 0 0 VINCE HILLYER FORMER CHIEF EXECUTIVE OFFICER 0 0 0 0 226313 0 40188 0 0 0 266501 0 0 0 CHERYL SCHUETZE CHIEF LEGAL OFFICER 184520 0 38523 0 0 0 5086 0 22561 0 250690 0 0 0 JOHN MONEY CHIEF OPERATING OFFICER 192519 0 0 0 0 0 22742 0 5949 0 221210 0 0 0 MICHAEL SINGER VP OF ADVANCEMENT 150495 0 28769 0 0 0 9938 0 9512 0 198714 0 0 0 MICHAEL GOLDEN VP OF EDUCATION 147319 0 28331 0 0 0 0 0 17446 0 193096 0 0 0 JULIA KELSH-ADAMI VP OF COMMUNITY BASED SERVICES 135887 0 26690 0 0 0 15162 0 12412 0 190151 0 0 0 CONNIE FARROW CHIEF COMMUNICATIONS & MARKETING 142893 0 31392 0 0 0 1283 0 12502 0 188070 0 0 0 PHILLIP MCQUEEN VP OF INFORMATION TECHNOLOGY 128095 0 25214 0 0 0 11981 0 20077 0 185367 0 0 0 BRANDY PFEIFER VP OF RES. TREATMENT SERVICES 142769 0 26392 0 0 0 10114 0 0 0 179275 0 0 0 PART I, LINE 4B PAYMENTS FROM A NONQUALIFIED RETIREMENT PLAN: VINCE HILLYER - $266,501 X 4095 FAIR MARKET VALUE X 169630 FAIR MARKET VALUE X 14 261272 MARKETABLE SECURITIES X 2 260000 FAIR MARKET VALUE X 56 301933 FAIR MARKET VALUE X MISCELLANEOUS 18 12683 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 WAS REVIEWED BY THE CFO PRIOR TO FILING. THE 990 WAS ALSO DISTRIBUTED TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE WITH THE WRITTEN CONFLICT OF INTEREST POLICY BY REQUIRING ALL SUPERVISORS, MANAGEMENT, OFFICERS, BOARD MEMBERS, AND TRUSTEES TO ANNUALLY SIGN A STATEMENT REGARDING ALL INTERESTS THAT COULD GIVE RISE TO CONFLICTS. THESE SIGNED FORMS ARE THEN REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD FOR POTENTIAL CONFLICTS THAT SHOULD BE REPORTED / DISCUSSED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION OF THE PRESIDENT AND CEO AND OTHER OFFICERS INCLUDES COMPARING SALARIES TO THE MARKET IN THE SURROUNDING AREA. THE COMPENSATION OF THE PRESIDENT AND CEO IS DETERMINED BY THE EXECUTIVE COMMITTEE AND IS APPROVED BY THE BOARD CHAIR ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST -808,587. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -88,596. PENSION RELATED COSTS -531,908. IMPAIRMENT LOSS OF PROPERTY HELD FOR SALE -1,810,290. GENERAL OVERVIEW AND UPDATE ON DECEMBER 20, 2022, GREAT CIRCLE AND GREAT CIRCLE ENDOWMENT, INC. ENTERED INTO A RESTRUCTURING AGREEMENT WITH KVC HEALTH SYSTEMS, INC. (KVC) AND KVC BEHAVIORAL HEALTHCARE MISSOURI, INC. (KVC MISSOURI). UNDER THIS AGREEMENT, THESE ORGANIZATIONS, WITH A SHARED MISSION TO PROVIDE HIGH-QUALITY CHILDREN'S MENTAL HEALTH AND FAMILY SERVICES, WILL INTEGRATE EFFECTIVE APRIL 1, 2023. DURING 2021, THE ORGANIZATION WAS MADE AWARE OF AN INQUIRY BY VARIOUS FEDERAL DEPARTMENTS INTO CONTRACTUAL OBLIGATIONS RELATED TO STAFFING RATIOS IN RESIDENTIAL PROGRAMS AND WAS COMPLYING WITH ALL REQUESTS FOR INFORMATION RELATED TO THE INQUIRY. THIS INQUIRY WAS ONGOING THROUGHOUT 2022 AND MANAGEMENT, BASED UPON CONSULTATION WITH LEGAL COUNSEL, RECORDED A POTENTIAL LIABILITY FOR THE RESOLUTION OF THIS SETTLEMENT IN THE AMOUNT OF $1,866,000 AT DECEMBER 31, 2022. SUBSEQUENT TO YEAR END, A SETTLEMENT AGREEMENT IN THIS AMOUNT WAS EXECUTED. GREAT CIRCLE ENDOWMENT PO BOX 189 SAINT JAMES MO 65559 431743298 SUPPORTING ORGANIZATION MO 501(C)(3) LINE 12A, I GREAT CIRCLE 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 GREAT CIRCLE ENDOWMENT B 476856 MISSOURI ALLIANCE FOR CHILDREN AND FAMILIES PO BOX 189 SAINT JAMES MO 65559 CARE MANAGEMENT MO 1 892201 3447498 0 0 0.43000