2024-11-15T16:33:40-06:00 2023-12-31 742533381 JAYNES REITMEIER BOYD & THERRELL PC 5400 BOSQUE BLVD STE 600 WACO TX 767104459 990 2023-01-01 752849153 TALITHA KOUM INSTITUTE TALI 2547531144 PO BOX 2202 WACO TX 76703 SUSAN COWLEY EXECUTIVE DIRECTOR 2547531144 2024-11-15 1 0 NANCY A LIVINGSTON P00044678 2547764190 2024-11-15 2023 2024-10-15 13:58:12Z SUSAN COWLEY 1311 CLAY AVE WACO TX 76706 1780195 0 X TALITHAKOUM.ORG X 2000 TX IN A CONTEXT OF LOVING RELATIONSHIP, AND USING RESEARCH-BASED THERAPEUTIC INTERVENTION, TALITHA KOUM PARTNERS WITH PARENTS TO RAISE CHILDREN WHO ARE INTELLECTUALLY CAPABLE, EMOTIONALLY RESILIENT AND PREPARED TO BE CONTRIBUTING MEMBERS OF THE COMMUNITY. 8 8 41 235 0 0 937523 1755261 0 0 1929 -2963 -57916 -5904 881536 1746394 0 0 0 0 676702 657072 45122 85218 232610 203728 368636 925552 1110926 -44016 635468 901334 1541443 32799 34016 868535 1507427 TO ASSIST WITH ALTERING THE TRAJECTORY OF FAMILIES MIRED IN MULTI-GENERATIONAL URBAN PROVERTY IN WACO, TX. 0 0 741841 NURTURE CENTER-PROVIDES EARLY CHILDHOOD DEVELOPMENT AND PROMISING PRACTICES IN BRAIN DEVELOPMENT FOR HIGHLY AT-RISK BIRTH TO 5 YEAR OLDS, ALONGSIDE WEEKLY PARENT MEETINGS. 741841 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 41 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 1 1 0 X X THE ORGANIZATION 2547531144 PO BOX 2202 WACO TX 76703 MARSHA MARTIE COVENANT PARTNER 5.00 X 0 0 0 DESHAUNA HOLLIE COVENANT PARTNER 5.00 X 0 0 0 CLINT SAVAGE COVENANT PARTNER/TREASURER 5.00 X X 0 0 0 DR BRIANNA LEMMONS COVENANT PARTNER 5.00 X 0 0 0 GEOFF NELSON COVENANT PARTNER/CHAIR 5.00 X X 0 0 0 SANDY MAREK COVENANT PARTNER/SECRETARY 5.00 X X 0 0 0 DONNA LOSAK NURTURE CENTER DIRECTOR 40.00 X X 54963 0 0 DR JEREMY RHODES COVENANT PARTNER 5.00 X 0 0 0 DR BRADLEY LAIL COVENANT PARTNER 5.00 X 0 0 0 SUSAN COWLEY EXECUTIVE DIRECTOR 40.00 X 69608 0 0 124571 0 0 0 0 0 0 0 1016700 78855 659706 45000 1755261 2332 2332 5295 -5295 -5295 -5295 0 1016700 28506 -28506 -28506 22 900099 22602 22602 22602 1746394 0 0 -8867 607823 486258 42548 79017 49249 39399 3448 6402 85218 85218 20174 2631 17543 165 165 22236 16677 5559 32959 32959 REPAIRS AND MAINTENANCE 114176 85632 28544 MISC 99641 10664 34405 54572 UTILITIES 25811 20649 2581 2581 MEALS 24296 24296 29178 22511 1847 4820 1110926 741841 136475 232610 269319 426580 300933 40737 25249 273818 5964 6097 509257 237505 249404 271752 50465 54893 0 467566 901334 1541443 32799 34016 32799 34016 X 525081 582529 343454 924898 868535 1507427 901334 1541443 635468 3424 0 X X 0 1 X 1 0 X 832239 675046 687417 937523 1728178 4860403 832239 675046 687417 937523 1728178 4860403 176087 4684316 1932 2642 7959 2519 2332 17384 3126 21182 24308 4902095 0.95560 0.94740 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 393454 819939 238495 974898 174116 318585 99247 393454 73982 170617 70483 174116 93855 79628 99501 73982 80413 90651 77209 93855 0.07610 0.92390 0 0 6000 6000 111468 53107 58361 268762 125071 143691 71182 25733 45449 51845 33594 18251 271752 CASH RESTRICTED FOR BUILDING PROJECT 303048 UNCONDITIONAL PROMISES TO GIVE, NET 138306 BENEFICIAL INTEREST IN ASSETS HELD BY WACO FOUNDATION 26212 467566 X 1749818 3424 3424 1746394 0 1746394 1110926 0 1110926 0 1110926 PART V, LINE 4: TEMPORARILY RESTRICTED FUNDS ARE HELD FOR THE PURPOSES THEY WERE GIVEN UNTIL THOSE PURPOSES HAVE BEEN FULFILLED. AS OF DECEMBER 31, 2023, THE PURPOSES FOR WHICH TEMPORARILY RESTRICTED NET ASSETS ARE HELD WERE FOR TEACHER SALARIES($27,625), DIRECTOR'S ASSISTANT($13,441), BRAIN MAP($17,047), FAMILY PARTNER($53,269),ROOF/FACILITIES($143,393),AND BUILDING PROJECT ($620,123). THE ORGANIZATION'S BOARD HAS DESIGNATED $50,000 FOR SPECIAL EVENTS AND FUND-RAISING ACTIVITIES, AND $26,212 FOR OTHER PURPOSES. THE BOARD MAY REMOVE THE RESTRICTION AND USE THE FUNDS FOR OTHER PURPOSES AT ANY TIME. PART X, LINE 2: FOOTNOTE TO FINANCIAL STATEMENTS REGARDING INCOME TAXES THE INSTITUTE IS A NONPROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE WHOSE REVENUES ARE PRIMARILY DERIVED FROM GRANTS, CONTRIBUTIONS AND OTHER FUND-RAISING ACTIVITIES AND IS GENERALLY NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES. THE INSTITUTE RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. RECOGNIZED INCOME TAX POSITIONS ARE MEASURED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED. CHANGES IN RECOGNITION OR MEASUREMENT ARE REFLECTED IN THE PERIOD IN WHICH THE CHANGE IN JUDGMENT OCCURS. THE INSTITUTE RECORDS INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS AND PENALTIES IN MANAGEMENT AND GENERAL EXPENSES. X X 1 DSI & PAX GLOBAL P O BOX 1840 LEXINGTON SC 29071 CONSULTING TOWARD 3-YR F/R COMPAIGN 0 173444 837 172607 173444 837 172607 SIGNATURE ASK 843256 843256 7946 13214 3600 2909 MAJOR GIFTS RAMP-UP 173444 173444 837 1016700 1016700 7946 13214 3600 3746 28506 -28506 DR JEREMY RHODES WIFE, DIANA RHODES IS AN EMPLOYEE 2492 W-2 WAGES TO SPOUSE 0 DONNA LOSAK HUSBAND, FREDDY LOSAK, IS AN EMPLOYEE 11812 W-2 WAGES TO SPOUSE 0 X HI END STEEL PLAYGROUND EQUIPMENT 1 45000 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE TREASURER, WHO OVERSEES THE FINANCIAL ASPECT OF TALITHA KOUM, WILL CHECK THE 990 BEFORE IT IS FILED. IT WILL BE AVAILABLE FOR EACH MEMBER OF THE BOARD TO REVIEW. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD APPROVES THE SALARIES AS PART OF THE ANNUAL BUDGET AND EMPLOYEE REVIEW PROCESS. FORM 990, PART VI, SECTION C, LINE 19 ALL ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C PROCESS FOR FINANCIAL AUDIT THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.