2024-11-12T11:05:21-06:00 2023-12-31 882730877 CHERRY BEKAERT ADVISORY LLC 221 W 6TH STREET STE 1900 AUSTIN TX 78701 990 2023-01-01 311815830 GRACEWOOD INC GRAC 5122553668 1301 N MAYS ROUND ROCK TX 78664 VINICIA WHITE PRESIDENT 5122553668 2024-11-11 1 1 MELANIE MCPEAK P01346034 5124796000 2023 2024-10-15 13:58:12Z VINICIA WHITE 1301 N MAYS ROUND ROCK TX 78664 3655390 0 X WWW.GRACEWOOD.ORG X 2001 TX TO RESCUE CHILDREN AND THEIR SINGLE MOTHERS, ENSURING A BRIGHT FUTURE BY PROVIDING HOME, HOPE, AND HEALING. 15 14 14 749 0 0 2279931 2770701 40943 24506 35966 60289 0 0 2356840 2855496 0 4206974 0 0 776407 755918 0 0 84757 508675 735995 1285082 5698887 1071758 -2843391 5925057 3097825 129695 145854 5795362 2951971 GRACEWOOD RESCUES CHILDREN AND THEIR SINGLE MOTHERS, ENSURING A BRIGHT FUTURE BY PROVIDING HOME, HOPE, AND HEALING. 0 0 5605025 4206974 24506 GRACEWOOD IS A TRANSITIONAL HOUSING MINISTRY THAT DELIVERS TRAUMA-INFORMED SERVICES TO VULNERABLE HOUSTON CHILDREN AND THEIR SINGLE MOTHERS INCLUDING HOUSING, CASE MANAGEMENT, MENTORING, EDUCATIONAL SUPPORT, LIFE SKILLS & PARENTING TRAINING, FINANCIAL PLANNING, AND FINANCIAL ASSISTANCE WITH CHILDCARE AND TANGIBLE NEEDS. THE HOUSING AND SUPPORTIVE SERVICES STABILIZE FAMILIES SO MOTHERS CAN COMPLETE GOALS THAT INCREASE THE FAMILY'S RESILIENCY AND LONG-TERM SUSTAINABILITY. THE MINISTRY ALSO DELIVERS NO-COST TRAUMA-INFORMED COUNSELING AND PARENTING TRAINING TO ADDRESS TRAUMA-BASED BEHAVIORS IN ORDER TO INCREASE THE FAMILY'S PHYSICAL AND EMOTIONAL WELL-BEING; TO IMPROVE THEIR ABILITY TO DEVELOP AND MAINTAIN HEALTHY RELATIONSHIPS; AND TO BREAK THE CYCLE OF FAMILY INSTABILITY. 5605025 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 16 0 14 0 0 0 0 0 0 1 1 0 0 0 0 X 15 14 0 1 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X X STEPHANIE OCHOA 5122464201 1301 N MAYS ROUND ROCK TX 78664 JIM MEYERHOFF CHAIR & TRUSTEE 1.00 0.00 X X 0 0 0 TODD ROBERSON VICE CHAIR &TRUSTEE 1.00 45.00 X X 0 245177 44977 BETH BLACK SECRETARY & TRUSTEE 1.00 0.00 X X 0 0 0 MARY ANN BALOCK TRUSTEE 1.00 0.00 X 0 0 0 LORRAINE HIBBERT TRUSTEE 1.00 0.00 X 0 0 0 SHANTERA CHATMAN TRUSTEE 1.00 2.00 X 0 0 0 LORRAINE HIBBERT TRUSTEE 1.00 0.00 X 0 0 0 KELLY RALEY TRUSTEE 1.00 2.00 X 0 0 0 BARBARA KIRK TRUSTEE 1.00 0.00 X 0 0 0 KATHY KRONZER TRUSTEE 1.00 0.00 X 0 0 0 GREGORY MCAULEY TRUSTEE 1.00 1.00 X 0 0 0 DANA MUNOZ TRUSTEE 1.00 0.00 X 0 0 0 KEVIN MURPHY TRUSTEE 1.00 0.00 X 0 0 0 MARY STONE TRUSTEE 1.00 0.00 X 0 0 0 HANSON YATES TRUSTEE 1.00 0.00 X 0 0 0 ROBBIE FIELDER TRUSTEE 1.00 0.00 X 0 0 0 VINICIA WHITE PRESIDENT 40.00 0.00 X 118434 0 19380 118434 245177 64357 1 0 1 0 0 1454279 223382 1093040 2770701 RESIDENT FEES 900099 24506 24506 24506 60289 60289 799894 799894 0 0 2855496 24506 0 60289 4206974 4206974 137814 128988 1615 7211 456205 426989 5345 23871 7015 6473 99 443 110052 101548 1559 6945 44832 42169 487 2176 2067 2067 10237 10237 178386 178386 46211 2100 44111 28205 28205 51847 51847 155489 155489 16375 16375 9166 9166 13311 13311 36470 36470 REPAIR & MAINTENANCE 188189 188189 42 42 5698887 5605025 9105 84757 4970 3367 972612 1586380 29893 290488 -1185 230571 23151 30263 508798 361536 3689279 147262 13254 15948 1695 1695 1191388 791851 5925057 3097825 129695 145854 129695 145854 X 5388278 2578420 407084 373551 5795362 2951971 5925057 3097825 -2843391 0 X 0 1 X 1 0 X 909731 1447466 1275215 2279931 2770701 8683044 909731 1447466 1275215 2279931 2770701 8683044 346600 8336444 85708 49213 28197 35966 60289 259373 20129 12440 32569 8974986 83205 0.92890 0.84820 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 20,129. 2020 AMOUNT: $ 12,440. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 58139 44165 13974 262452 199368 63084 188207 118003 70204 147262 DUE FROM AFFILIATE ORGANIZATION 791851 791851 X 1932646 368762 368762 1563884 1291612 1291612 2855496 1860675 368762 368762 1491913 4206974 4206974 5698887 PART X, LINE 2: THE ORGANIZATION REGULARLY ASSESSES UNCERTAIN TAX POSITIONS IN EACH OF THE TAX JURISDICTIONS IN WHICH IT HAS OPERATIONS AND ACCOUNTS FOR THE RELATED FINANCIAL STATEMENT IMPLICATIONS. UNRECOGNIZED TAX BENEFITS ARE REPORTED USING THE TWO-STEP APPROACH UNDER WHICH TAX EFFECTS OF A POSITION ARE RECOGNIZED ONLY IF IT IS MORE LIKELY THAN NOT TO BE SUSTAINED AND THE AMOUNT OF THE TAX BENEFIT RECOGNIZED IS EQUAL TO THE LARGEST TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT OF THE TAX POSITION. DETERMINING THE APPROPRIATE LEVEL OF UNRECOGNIZED TAX BENEFITS REQUIRES THE ORGANIZATION TO EXERCISE JUDGMENT REGARDING THE UNCERTAIN APPLICATION OF TAX LAW. THE AMOUNT OF UNRECOGNIZED TAX BENEFITS IS ADJUSTED WHEN INFORMATION BECOMES AVAILABLE OR WHEN AN EVENT OCCURS INDICATING A CHANGE IS APPROPRIATE. FUTURE CHANGES IN UNRECOGNIZED TAX BENEFITS REQUIREMENTS COULD HAVE A MATERIAL IMPACT ON THE RESULTS OF OPERATIONS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2023 AND 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: CONTRIBUTIONS FROM CHILDREN AT HEART MINISTRIES 399,568. CONTRIBUTIONS FROM CHILDREN AT HEART FOUNDATION 892,044. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANT TO TEXAS BAPTIST CHILDREN'S HOME AND FAMILY SERVICES 4,206,974. FORM 990, PART X, LINE 10C FIXED ASSETS DECREASED SIGNIFICANTLY IN 2023 DUE TO THE DONATION OF CONSTUCTED ASSETS TOTALING $4,206,974 TO A RELATED PARTY. SEE SCHEDULE I FOR GRANT REPORTING. 0 TEXAS BAPTIST CHILDREN'S HOME AND FAMILY SERVICES INC 1301 N MAYS ROUND ROCK TX 78664 741211671 512(C)(3) 0 4206974 COST CONSTRUCTED REAL ESTATE ASSETS TO SUPPORT WITH ADDITIONAL HOUSING AND FACITLIES. 1 X X X 0 0 0 0 0 0 0 0 0 TODD ROBERSON VICE CHAIR &TRUSTEE 0 241652 0 0 0 3525 0 23214 0 21763 0 290154 0 0 FORM 990, PART VI, SECTION A, LINE 3 MANAGEMENT DUTIES HAVE BEEN DELEGATED TO CHILDREN AT HEART MINISTRIES (CAHM), A RELATED NOT FOR PROFIT ORGANIZATION. MANGAGEMENT DUTIES INCLUDE PROVIDING PERSONNEL, OFFICE FACILITIES, AND GENERAL MANAGEMENT SERVICES. PLEASE REFER TO FORM 990, PART VII FOR COMPENSATION FOR TODD ROBERSON, PRESIDENT AND CEO OF CAHM. FORM 990, PART VI, SECTION A, LINE 7A AT ALL TIMES AT LEAST A MAJORITY OF THE TRUSTEES OF THE ORGANIZATION SHALL BE INDIVIDUALS ELECTED BY THE BOARD OF TRUSTEES OF CHILDREN AT HEART MINISTRIES. THE PLACES OF THE TRUSTEES TO BE ELECTED BY THE BOARD OF TRUSTEES OF CAHM SHALL BE DESIGNATED BY THE PLACES ONE THROUGH THE SMALLEST NUMBER NECESSARY TO ACHIEVE SUCH A BOARD OF TRUSTEES. EACH YEAR, THE TRUSTEES OF THE ORGANIZATION DESIGNATED BY SUCH NUMBERS SHALL BE ELECTED BY THE BOARD OF TRUSTEES OF CAHM. THE BOARD OF TRUSTEES OF THE ORGANIZATION SHALL ELECT THE REMAINING TRUSTEES AT THE ANNUAL MEETING OF THE BOARD OF TRUSTEES EACH YEAR, UNLESS REQUIRED TO BE HELD EARLIER BECAUSE OF VACANCIES. FORM 990, PART VI, SECTION A, LINE 7B THE ARTICLES OF INCORPORATION AND BYLAWS MAY NOT BE AMENDED TO CHANGE THE REQUIREMENT THAT AT ALL TIMES AT LEAST A MAJORITY OF THE TRUSTEES OF THE ORGANIZATION MUST BE ELECTED BY THE BOARD OF TRUSTEES OF CAHM WITHOUT THE FORMER APPROVAL OF CAHM OR ITS SUCCESSOR ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING THE FORM 990, THE CHILDREN AT HEART MINISTRIES AUDIT SUBCOMMITTEE ALONG WITH THE APPOINTEES FROM EACH GOVERNING BOARD REVIEWS AND APPROVES THE FORM. FOLLOWING THE APPROVAL, A COPY OF THE FORM 990 IS PROVIDED TO EACH MEMBER OF THE GOVERNING BOARD THROUGH MAIL AND/OR ELECTRONIC DISTRIBUTION. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REVIEWS ANNUAL CONFLICT OF INTEREST FORMS AND MAINTAINS REGULAR COMMUNICATIONS WITH BOARD MEMBERS SO THE ORGANIZATION WOULD BE AWARE OF ANY POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF OFFICERS, DIRECTORS, AND TOP MANAGEMENT OFFICIALS ARE REVIEWED BY THE EXECUTIVE EVALUATION COMMITTEE. THE COMMITTEE MEETS AT A MINIMUM ONCE A YEAR TO EVALUATE EMPLOYMENT AND COMPENSATION OF PRESIDENT. COMPARABILITY DATA IS REVIEWED. SUCH MEETING(S) ARE HELD NEAR THE PRESIDENTS ANNUAL EMPLOYMENT ANNIVERSARY DATE TO EVALUATE PERFORMANCE AND ADJUST OR SET COMPENSATION AS COMMITTEE DEEMS APPROPRIATE. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. CHILDREN AT HEART FOUNDATION INC 1301 N MAYS ROUND ROCK TX 78664 743007363 MANAGEMENT OF CHARITABLE RESOURCES TX 501 (C) (3) 7 N/A 0 MIRACLE FARM INC 1301 N MAYS ROUND ROCK TX 78664 742189925 CARE FOR AT-RISK TEENAGE BOYS TX 501 (C) (3) 7 CHILDREN AT HEART MINISTRIES 0 TEXAS BAPTIST CHILDREN'S HOME & FAM SYS 1301 N MAYS ROUND ROCK TX 78664 741211671 QUALITY SUPPORT SERVICES FOR RELATED TAX EXEMPT ENTITIES. TX 501 (C) (3) 7 CHILDREN AT HEART MINISTRIES 0 TEXAS BAPTIST CHILDREN'S HOME INC 1301 N MAYS ROUND ROCK TX 78664 743021647 CARE AND SUPPORT VULNERABLE CHILDREN AND FAMILIES TX 501 (C) (3) 7 CHILDREN AT HEART MINISTRIES 0 CHILDREN AT HEART MINISTRIES 1301 N MAYS ROUND ROCK TX 78664 203901685 QUALITY SUPPORT SERVICES TO RELATED TAX EXEMPT ENTITIES. TX 501 (C) (3) 7 BAPTIST GENERAL CONVENTION OF TEXAS 0 BAPTIST GENERAL CONVENTION OF TEXAS 7557 RAMBLER RD STE 1200 DALLAS TX 75231 756044885 SUPPORT FOR CHURCHES AND AFFILIATED ORGANIZATIONS TX 501(C)(3) 1 N/A 0 0 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0