2024-03-26T14:24:01-05:00 2023-08-31 410746749 CLIFTONLARSONALLEN LLP 20 EAST THOMAS ROAD SUITE 2300 PHOENIX AZ 85012 990 2022-09-01 850347088 MAKE-A-WISH FOUNDATION OF NEW MEXICO MAKE 5058889474 7400 TIBURON STREET NE A1 ALBUQUERQUE NM 87109 SARA LISTER PRESIDENT & CEO 5058889474 2024-03-21 1 SARA LISTER XXX-XX-XXXX 1 MELISSA HANGSLEBEN P02087031 6022662248 2024-03-21 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X SARA LISTER 7400 TIBURON STREET NE A1 ALBUQUERQUE NM 87109 2166636 0 X NEWMEXICO.WISH.ORG X 1986 NM TOGETHER, WE CREATE LIFE-CHANGING WISHES FOR CHILDREN WITH CRITICAL ILLNESSES. 11 11 7 75 0 0 1807996 2104888 0 450 8079 23877 -3776 -81 1812299 2129134 753659 1106903 0 0 443130 490276 0 0 183923 241608 301832 1438397 1899011 373902 230123 2118286 2388263 93353 138561 2024933 2249702 X THE MAKE-A-WISH FOUNDATION OF NEW MEXICO CREATES LIFE-CHANGING WISHES FOR CHILDREN WITH CRITICAL ILLNESSES 0 0 1547563 1106903 450 SEE SCHEDULE O. 1547563 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 3 0 1 7 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 11 11 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NM X X SARA LISTER 5058889474 7400 TIBURON STREET NE A1 ALBUQUERQUE NM 87109 SARA LISTER PRESIDENT & CEO 40.00 X 139558 0 13010 ERIN CHISOLM CHAIR 1.00 X X 0 0 0 SEASON CHAVEZ VICE CHAIR 1.00 X X 0 0 0 MANDY FUNCHESS TREASURER 1.00 X X 0 0 0 COLLEEN BERGER SECRETARY 1.00 X X 0 0 0 DEENA CRAWLEY DIRECTOR 1.00 X 0 0 0 CHRIS ARCHULETA DIRECTOR 1.00 X 0 0 0 BRAD COOK DIRECTOR 1.00 X 0 0 0 JON PAUL ESPINOZA DIRECTOR 1.00 X 0 0 0 AUBRY PADILLA DIRECTOR 1.00 X 0 0 0 ANGELIC GRIEGO DIRECTOR 1.00 X 0 0 0 CHRIS WOODS DIRECTOR 1.00 X 0 0 0 DANIEL HOWARD DIRECTOR (THRU 6/20/23) 1.00 X 0 0 0 MARTA PARNALL DIRECTOR (THRU 12/14/22) 1.00 X 0 0 0 CHRISTINA SHEEHAN DIRECTOR (THRU 10/17/22) 1.00 X 0 0 0 FRANK DURAN DIRECTOR (THRU 11/21/22) 1.00 X 0 0 0 139558 0 13010 1 0 1 0 0 14020 235676 69877 1785315 347578 2104888 WISH ASSIST FEES 900099 450 450 450 23877 23877 37421 235676 37502 -81 -81 2129134 450 0 23796 1106903 1106903 139124 84865 18087 36172 284280 173411 36956 73913 11223 6846 1459 2918 21956 13393 2854 5709 33693 20553 4380 8760 40738 40144 594 7235 254 6873 108 38278 18751 4657 14870 9478 1638 7094 746 32681 19935 4249 8497 16220 12849 3371 13906 736 7867 5303 70 43 9 18 CHAPTER DUES 143193 100235 20047 22911 MERCHANT FEES 33 33 1899011 1547563 167525 183923 1586143 1786538 88751 7629 37794 67496 125 0 11276 3421 66724 48812 1884 892 0 992 288113 388392 39360 84983 2118286 2388263 77163 64003 1013 1682 15177 72876 93353 138561 X 1969086 2182162 55847 67540 2024933 2249702 2118286 2388263 230123 -4721 -633 0 X 0 1 X 1 0 X 2113944 1647287 1451418 1807996 2104888 9125533 2113944 1647287 1451418 1807996 2104888 9125533 889998 8235535 673 8079 23877 32629 114816 74942 530 19501 37421 247210 9405372 750 0.87560 0.92050 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS FUNDRAISING REVENUE - 2018 AMOUNT: $ 109,509. 2019 AMOUNT: $ 72,613. 2020 AMOUNT: $ 530. 2021 AMOUNT: $ 19,501. 2022 AMOUNT: $ 37,421. OTHER REVENUE - 2018 AMOUNT: $ 5,307. 2019 AMOUNT: $ 2,329. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1884 892 992 992 DUE TO NATIONAL 4528 DUE TO OTHER CHAPTERS 23113 LEASE LIABILITY - OPERATING 45235 72876 X 2344826 -4721 220332 215611 2129215 -81 -81 2129134 2120057 220965 81 221046 1899011 0 1899011 PART X, LINE 2: THE FOUNDATION IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME AND NEW MEXICO INCOME TAXES UNDER THE PROVISIONS OF INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3). HOWEVER, THE FOUNDATION REMAINS SUBJECT TO INCOME TAXES ON ANY NET INCOME THAT IS DERIVED FROM A TRADE OR BUSINESS, REGULARLY CARRIED ON AND NOT IN FURTHERANCE OF THE PURPOSE FOR WHICH IT WAS GRANTED EXEMPTION. NO INCOME TAX PROVISION HAS BEEN RECORDED AS THE NET INCOME, IF ANY, FROM ANY UNRELATED TRADE OR BUSINESS, IN THE OPINION OF MANAGEMENT, IS NOT MATERIAL TO THE FINANCIAL STATEMENTS TAKEN AS A WHOLE. MANAGEMENT BELIEVES THAT NO UNCERTAIN TAX POSITIONS EXIST FOR THE FOUNDATION AT AUGUST 31, 2023 AND 2022. THE FOUNDATION FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION, AND APPLICABLE STATE JURISDICTIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES MOVED FROM THE FUNCTIONAL EXPENSE STATEMENT TO THE STATEMENT OF REVENUE -81. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES MOVED FROM THE FUNCTIONAL EXPENSE STATEMENT TO THE STATEMENT OF REVENUE 81. WINE AND WISHES 212136 188120 24016 3087 750 20260 LOVE AT FIRST WISH 29020 27944 1076 1076 4 31941 19612 12329 10744 1585 273097 235676 37421 14907 750 21845 37502 -81 1 WISHES GRANTED 108 152455 954448 FMV TRAVEL, M&E, SUPPLIES PART I, LINE 2: FOR EACH CHILD WHO MEET ELIGIBILITY CRITERIA, A FILE IS ESTABLISHED IN ACCORDANCE WITH MAKE-A-WISH FOUNDATION PROCEDURES. THE CHILD IS INTERVIEWED BY THE WISH GRANTING STAFF TO UNDERSTAND THE CHILD'S WISH REQUEST. A WISH BUDGET IS CREATED BY WISH STAFF AND APPROVED BY WISH MANAGEMENT. WISH EXPENSES ARE GENERATED BY WISH FULFILLMENT STAFF AND REVIEWED AND APPROVED BY WISH MANAGEMENT TO ENSURE THAT COSTS ALIGN WITH THE WISH BUDGET. ONCE THE WISH HAS BEEN GRANTED AND ALL EXPENSES PAID, THE WISH FILE IS CLOSED. X X X X 0 0 0 0 0 0 0 1 0 SARA LISTER PRESIDENT & CEO 121558 0 18000 0 0 0 5584 0 7426 0 152568 0 0 0 PART I, LINE 7 INCENTIVE PAY IS DETERMINED BY THE CHAIR OF THE BOARD IN CONSULTATION WITH THE BOARD OF DIRECTORS AT THE END OF EACH FISCAL YEAR. IT IS BASED ON JOB PERFORMANCE AND THE SUCCESS OF THE CHAPTER IN MEETING GOALS AND METRICS. THE AMOUNT CAN BE UP TO 15% OF THE PRESIDENT/CEO'S SALARY PER EMPLOYMENT CONTRACT. X WISH RELATED 136 331137 FAIR VALUE X OTHER 131 16441 FAIR VALUE 0 0 1 0 PART I, COLUMN (B): THE AMOUNTS IN COLUMN (B) REFERS TO THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART III, LINE 4A IT IS THE FOUNDING PRINCIPLE OF OUR VISION TO GRANT THE WISH OF EVERY ELIGIBLE CHILD, BETWEEN THE AGES OF 2 1/2 AND 18. FOR WISH KIDS, JUST THE ACT OF MAKING THEIR WISH COME TRUE CAN GIVE THEM THE COURAGE TO COMPLY WITH THEIR MEDICAL TREATMENTS. WITH OUR WISH MAKING PROCESS WE STRIVE TO BRING A SENSE OF EXCITEMENT AND HOPE DURING EXTREMELY DIFFICULT TIMES AND DELIVER A JOYFUL LIFE CHANGING EXPERIENCE WHETHER THE WISH IS A PRINCESS PARTY, SWIM WITH THE DOLPHINS, OR THE COUNTLESS OTHER POSSIBILITIES DREAMED UP BY THE MAGICAL MIND OF A CHILD. THE MAKE-A-WISH FOUNDATION OF NEW MEXICO GRANTED 108 LIFE CHANGING WISHES IN THE FISCAL YEAR ENDING AUGUST 31, 2023. THE TOTAL COST OF WISHES GRANTED FOR THE FISCAL YEAR WAS $1,730,534. OF THIS AMOUNT, $182,987 WAS CONTRIBUTED BY VARIOUS VENDORS WHO PROVIDED IN-KIND CONTRIBUTIONS SUCH AS TRAVEL AND TRAVEL SERVICES, TRANSPORTATION, LODGING, AND OTHER SERVICES AND USE OF FACILITIES TO COMPLETE A CHILD'S WISH. FOR FINANCIAL STATEMENT PURPOSES, THESE AMOUNTS ARE INCLUDED AS CONTRIBUTION REVENUE AND GRANTED WISH EXPENSE. FOR FORM 990, HOWEVER, THE IRS REQUIRES THIS AMOUNT BE EXCLUDED FROM BOTH REVENUE AND EXPENSE. IN DECEMBER 2019, AN OUTBREAK OF A NOVEL STRAIN OF CORONAVIRUS (COVID-19) BEGAN. ON MARCH 10, 2020, IN CONJUNCTION WITH THE MAKE-A-WISH AMERICA NATIONAL MEDICAL ADVISORY COUNCIL (NMAC), MAKE-A-WISH AMERICA ISSUED INSTRUCTIONS TO PAUSE TRAVEL AND LARGE GATHERING WISHES UNTIL DEEMED MEDICALLY SAFE FOR OUR VULNERABLE POPULATION AND THEIR FAMILIES. ON MARCH 11, 2020, THE WORLD HEALTH ORGANIZATION CHARACTERIZED COVID-19 AS A PANDEMIC. AS OF SEPTEMBER 15, 2021, IN CONSULTATION WITH THE NMAC, THE PAUSE ON DOMESTIC TRAVEL TO LARGE GATHERINGS WAS LIFTED, IF TRAVEL OCCURRED BY AUTOMOBILE. THE PAUSE ON AIRLINE TRAVEL WAS LIFTED DECEMBER 1, 2021 WITH A GRADUATED APPROACH WITH FULL DOMESTIC TRAVEL RESUMING JUNE OF 2022. INTERNATIONAL AND CRUISE WISH TRAVEL IS STILL PAUSED AS OF AUGUST 31, 2023. PRIOR TO FISCAL YEAR 2020, TRAVEL WISHES HAVE BEEN APPROXIMATELY 75% OF WISHES GRANTED AND THE NUMBER OF GRANTED WISHES AVERAGED APPROXIMATELY 104. THE NUMBER OF WISHES GRANTED DURING THE YEARS ENDED AUGUST 31, 2023 AND 2022 WAS 108 AND 65, RESPECTIVELY. THE FOUNDATION CONTINUES TO EVALUATE ALL EXPENSES AND FUNDRAISING EFFORTS IN LIGHT OF THE IMPACT OF COVID-19. FORM 990, PART VI, SECTION A, LINE 1A EXECUTIVE COMMITTEE: THE CHAIR OF THE EXECUTIVE COMMITTEE SHALL BE THE CHAIRMAN OF THE CORPORATION. BY MAJORITY VOTE OF THE DIRECTORS IN OFFICE, THE BOARD OF DIRECTORS MAY, BY RESOLUTION DULY ADOPTED, ESTABLISH AN EXECUTIVE COMMITTEE, WHICH SHALL CONSIST OF FOUR OR MORE DIRECTORS, INCLUDING CHAIRMAN, VICE CHAIRMAN, SECRETARY, AND TREASURER. THE EXECUTIVE COMMITTEE HAS PERMISSION TO ACT WITH FULL BOARD OF DIRECTORS AUTHORITY, PROVIDED THE EXECUTIVE COMMITTEE SUBMIT A COMPLETE REPORT TO THE BOARD OF DIRECTORS REGARDING ANY ACTION TAKEN ON BEHALF OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE UPDATED TO REFLECT THAT THE BOARD WOULD MEET 6 TIMES A YEAR OR BI-MONTHLY RATHER THAN 10 TIMES PER YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE FOUNDATION WORKED CLOSELY WITH AN INDEPENDENT PUBLIC ACCOUNTING FIRM ENGAGED TO PREPARE THE FORM 990. THE DRAFT FORM 990 PREPARED BY THE ACCOUNTING FIRM WAS REVIEWED BY THE FOUNDATION'S PRESIDENT/CEO. THE FORM 990 WAS THEN PRESENTED TO THE FINANCE COMMITTEE OF THE BOARD, COMPOSED OF FINANCIAL AND BUSINESS PROFESSIONALS, FOR REVIEW AND COMMENTS. SUBSEQUENT TO THE COMMITTEE'S APPROVAL, A COMPLETE COPY OF THE FINAL FORM 990 WAS PROVIDED TO ALL VOTING BOARD MEMBERS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION MAINTAINS A CONFLICT OF INTEREST AND ETHICS STATEMENT AS PROVIDED BY THE MAKE-A-WISH FOUNDATION OF AMERICA FOR EACH OFFICER, EMPLOYEE, BOARD MEMBER, AND VOLUNTEER. SUCH STATEMENTS MUST BE SIGNED UPON DATE OF HIRE, ELECTION, OR COMMENCEMENT OF VOLUNTEER SERVICE, AND AT LEAST ANNUALLY THEREAFTER. THE SIGNED STATEMENTS ARE THEN SUBMITTED TO AND REVIEWED BY THE VOLUNTEER COORDINATOR IF THEY ARE FROM VOLUNTEERS, AND THE PRESIDENT/CEO IF FROM STAFF AND BOARD MEMBERS. REVIEW OF THE STATEMENTS IS MONITORED BY THE PRESIDENT/CEO. THE PROCEDURES FOR ADDRESSING ANY CONFLICTS OF INTEREST OF WHICH THE PRESIDENT/CEO BECOMES AWARE INCLUDES, BUT ARE NOT LIMITED TO, THE FOLLOWING (1) DETERMINING THE NATURE OF THE CONFLICT VIA VERBAL OR WRITTEN COMMUNICATION WITH THE INTERESTED PERSON, (2) FULLY DISCLOSING CONFLICTING INTERESTS TO THE BOARD, (3) THE CONFLICTED PERSON RECUSES HIMSELF/HERSELF FROM DELIBERATIONS AND DECISIONS REGARDING THE TRANSACTION, AND (4) TAKING APPROPRIATE ACTIONS WARRANTED BY THE CONFLICT AS RECOMMENDED BY THE BOARD UP TO AND INCLUDING TERMINATION OF SERVICE. FORM 990, PART VI, SECTION B, LINE 15A FOR 2023 COMPENSATION, THE CEO'S COMPENSATION IS DETEREMINED BY THE BOARD OF DIRECTORS. THE CEO IS HIRED WITH AN EMPLOYMENT CONTRACT THAT IS APPROVED BY THE BOARD OF DIRECTORS AND ANY SALARY INCREASE IS APPROVED BY THE BOARD OF DIRECTORS DURING THE BUDGET PROCESS AT THE END OF EACH FISCAL YEAR. THE CEO HOLDS ANNUAL PERFORMANCE REVIEWS WITH STAFF MEMBERS. BASED ON THOSE REVIEWS, THE CEO PROPOSES ANY SALARY INCREASES DURING THE ANNUAL BUDGETING PROCESS THAT ARE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.