2024-05-20T15:55:29-05:00 2023-08-31 410746749 CLIFTONLARSONALLEN LLP 20 EAST THOMAS ROAD SUITE 2300 PHOENIX AZ 85012 990 2022-09-01 751889666 MAKE-A-WISH FOUNDATION OF NORTH TEXAS MAKE 2144969474 16803 DALLAS PARKWAY 100 ADDISON TX 75001 BELINDA MARSHALL CFO 2144969474 2024-05-14 1 BELINDA MARSHALL XXX-XX-XXXX 0 MELISSA HANGSLEBEN P02087031 6022662248 2024-05-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KIMBERLY ELENEZ 16803 DALLAS PARKWAY 100 ADDISON TX 75001 11650290 0 X NTX.WISH.ORG X 1983 TX TOGETHER, WE CREATE LIFE-CHANGING WISHES FOR CHILDREN WITH CRITICAL ILLNESSES. 17 17 49 1000 -371 0 12471810 9654849 8100 12000 -1641165 314694 -142673 11524 10696072 9993067 4884740 5804800 0 0 3133562 3498112 0 0 1969884 2760234 2335526 10778536 11638438 -82464 -1645371 14038862 12983141 1843664 2298217 12195198 10684924 X THE MAKE-A-WISH FOUNDATION OF NORTH TEXAS CREATES LIFE-CHANGING WISHES FOR CHILDREN WITH CRITICAL ILLNESSES. 0 0 8301493 5804800 12000 SEE SCHEDULE O. 8301493 1 1 0 0 0 0 0 0 0 1 1 0 0 1 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 35 0 1 49 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 1 1 1 1 1 0 TX X X BELINDA MARSHALL 2144969474 16803 DALLAS PARKWAY 100 ADDISON TX 75001 VIKRANT BHATIA CHAIR 3.00 X X 0 0 0 ENRIQUE DUARTE MELO TREASURER 1.00 X X 0 0 0 BARRY FROMBERG TREASURER (THRU 3/23/23) 1.00 X X 0 0 0 JOAN HOLMAN SECRETARY 1.00 X 0 0 0 JACQUELYN WOLF DIRECTOR 1.00 X 0 0 0 ROB CALDERIN DIRECTOR 1.00 X 0 0 0 STEPHANIE CHUNG DIRECTOR 1.00 X 0 0 0 MICHELLE JORDAN DIRECTOR 1.00 X 0 0 0 SHARI KRUEGER DIRECTOR 1.00 X 0 0 0 HUBIE PAYNE DIRECTOR 1.00 X 0 0 0 STEVE PROVOST DIRECTOR 1.00 X 0 0 0 CHRISTINA RICCIO DIRECTOR 1.00 X 0 0 0 MARISSA SOLIS DIRECTOR 1.00 X 0 0 0 SHERRY VIDAL-BROWN DIRECTOR 1.00 X 0 0 0 LINDSAY WILSON DIRECTOR 1.00 X 0 0 0 JAMIL ALIBHAI DIRECTOR 1.00 X 0 0 0 BRIAN GROSSMAN DIRECTOR 1.00 X 0 0 0 LESLIE KEATING DIRECTOR 1.00 X 0 0 0 BRADLEY WEPRIN DIRECTOR (THRU 3/23/23) 1.00 X 0 0 0 MICHAEL SMITH CHIEF OPERATING OFFICER 50.00 X 206473 0 7562 BELINDA MARSHALL CHIEF FINANCIAL OFFICER 50.00 X 172036 0 30262 CHARLOTTE BEATTIE CHIEF EXECUTIVE OFFICER (THRU 7/22) 50.00 X 134713 0 4680 KIMBERLY ELENEZ CHIEF EXECUTIVE OFFICER (BEGAN 7/22) 50.00 X 131737 0 9588 MURPHEY SEARS CHIEF DEV OFFICER (BEGAN 10/22) 50.00 X 24898 0 4546 CAROLINE ROBBINS HUMAN RESOURCES DIRECTOR 50.00 X 104857 0 4601 774714 0 61239 5 0 1 0 0 44048 1871476 1167530 6571795 2091815 9654849 WISH ASSIST FEE 900099 12000 12000 12000 252248 -371 252619 764261 701815 62446 62446 62446 955358 1871476 955408 -50 -50 11574 0 11574 11574 9993067 12000 -371 326589 5804800 5804800 874944 374941 211439 288564 2140393 904702 530433 705258 71567 31880 20885 18802 186375 92076 31006 63293 224833 95453 51591 77789 385 385 111821 111821 18619 18619 199644 24522 39228 135894 15929 15929 194725 86754 36255 71716 112629 23037 16285 73307 450578 211420 71956 167202 116432 6515 44028 65889 69272 2852 47283 19137 3121 1467 499 1155 107697 50617 17232 39848 232 109 37 86 CHAPTER DUES 843262 590283 118057 134922 MERCHANT FEES 62781 62781 BAD DEBT EXPENSE 23633 23633 MEMBERSHIP DUES 4766 65 22 4679 11638438 8301493 1367061 1969884 8048565 6262505 2942680 79445 1651338 902057 205083 712590 34911 37184 362056 391858 732765 541831 270543 190934 2542654 11450 11450 512236 1852464 14038862 12983141 997302 754444 98000 18648 621155 127207 1525125 1843664 2298217 X 8028796 7205266 4166402 3479658 12195198 10684924 14038862 12983141 X -1645371 177487 -53509 11119 X 0 1 X 1 0 X 12707255 6339616 8679938 12471810 9654849 49853468 12707255 6339616 8679938 12471810 9654849 49853468 1255047 48598421 46289 17563 50274 15651 252619 382396 48510 48510 737912 227590 252641 582193 966932 2767268 53051642 41250 0.91610 0.92270 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS FUNDRAISING REVENUE - 2018 AMOUNT: $ 724,273. 2019 AMOUNT: $ 225,515. 2020 AMOUNT: $ 252,284. 2021 AMOUNT: $ 528,217. 2022 AMOUNT: $ 955,358. GROSS GAMING REVENUE - 2018 AMOUNT: $ 12,400. 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 6,292. 2022 AMOUNT: $ 11,574. GROSS INVENTORY SALES - 2018 AMOUNT: $ 75. 2019 AMOUNT: $ 2,007. 2020 AMOUNT: $ 302. 2021 AMOUNT: $ 190. 2022 AMOUNT: $ 0. OTHER REVENUE - 2018 AMOUNT: $ 1,164. 2019 AMOUNT: $ 68. 2020 AMOUNT: $ 55. 2021 AMOUNT: $ 47,494. 2022 AMOUNT: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2316080 306019 2622099 2316080 2316080 0.00000 0.87610 0.12390 0 0 11016 11016 87198 1296 85902 634551 540535 94016 190934 DUE FROM NATIONAL 332175 DUE FROM OTHERS 12690 SECURITY DEPOSITS 2050 BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 169620 RIGHT-OF-USE ASSETS- OPERATING 1328504 RIGHT-OF-USE ASSETS - FINANCING 7425 1852464 DUE TO OTHER CHAPTERS 167579 DUE TO NATIONAL 6446 LEASE LIABILITIES - OPERATING 1343318 LEASE LIABILITIES - FINANCING 7782 1525125 X 11173488 177487 1010384 11119 1198990 9974498 18619 -50 18569 9993067 12683762 1063893 50 1063943 11619819 18619 18619 11638438 PART V, LINE 4: THE INTENDED USE OF THE ENDOWMENT FUND IS TO PROVIDE RESOURCES TO GRANT THE WISHES OF CHILDREN WITH CRITICAL ILLNESS. THE PRIOR YEAR COLUMNS (COLUMN (B) AND (C)) WERE UPDATED TO REFLECT THE ENDOWMENTS HELD BY THE CHAPTER AS AMOUNTS WERE INADVERTENTLY INCLUDED AS ENDOWMENTS. PART X, LINE 2: THE FOUNDATION IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME AND TEXAS TAXES UNDER THE PROVISIONS OF INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3) AND SECTION 171.063 OF THE TEXAS TAX CODE. 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 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 11,119. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES MOVED FROM THE FUNCTIONAL EXPENSE STATEMENT TO THE STATEMENT OF REVENUE -50. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES MOVED FROM THE FUNCTIONAL EXPENSE STATEMENT TO THE STATEMENT OF REVENUE 50. WISH NIGHT DALLAS 1624187 998311 625876 1202 272756 1831 95363 254724 WRANGLERS FOR WISHES 264291 216334 47957 19187 6900 5000 16870 14 938356 656831 281525 1350 4001 38541 93538 22800 121345 2826834 1871476 955358 1350 5203 330484 102269 123163 392939 955408 -50 1 WISHES GRANTED 634 735118 5069682 FMV TRAVEL, M&E, AND SUPPLIES PART I, LINE 2: FOR EACH CHILD WHO MEETS 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 X 0 0 0 0 0 0 0 1 0 MICHAEL SMITH CHIEF OPERATING OFFICER 154463 0 52010 0 0 0 7562 0 0 0 214035 0 0 0 BELINDA MARSHALL CHIEF FINANCIAL OFFICER 122167 0 49869 0 0 0 8842 0 21420 0 202298 0 0 0 PART I, LINE 7 INCENTIVE PROGRAM FOR ALL CHAPTER STAFF, INCLUDING THE LISTED INDIVIDUALS, BASED ON KEY CHAPTER PERFORMANCE METRICS SUCH AS WISHES GRANTED, PROGRAM RATIO, AND MONTHS' LIQUIDITY. NO INCENTIVE PAYMENTS ARE PAID UNLESS REVENUES ARE SUFFICIENT TO OFFSET THE INCREMENTAL COST OF THE INCENTIVE PAYMENTS. METRICS FOR THE CEO'S INCENTIVE PAYOUT ARE APPROVED BY THE BOARD, AND METRICS FOR ALL OTHER STAFF ARE APPROVED BY THE CEO. X WISH RELATED 875 2048127 FMV X SPECIAL EVENTS 470 34962 FMV X OTHER 4 8726 FMV 0 0 1 0 PART I, COLUMN (B): THE AMOUNT 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 NORTH TEXAS GRANTED 634 LIFE CHANGING WISHES IN THE FISCAL YEAR ENDING AUGUST 31, 2023. THE TOTAL COST OF WISHES GRANTED FOR THE FISCAL YEAR WAS $9,325,863. OF THIS AMOUNT, $1,024,370 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. FORM 990, PART VI, SECTION A, LINE 8B THE FOUNDATION DOES NOT HAVE ANY COMMITTEES THAT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. 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 CFO. THE RETURN WAS THEN PRESENTED TO THE FINANCE COMMITTEE FOR THEIR REVIEW. A COPY OF THE FORM 990 WAS PROVIDED TO ALL VOTING MEMBERS OF THE BOARD 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 DIRECTOR OF VOLUNTEER SERVICES IF THEY ARE FROM VOLUNTEERS, AND THE PRESIDENT & CEO IF THEY ARE 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 INCLUDE 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 15 FOR 2022, THE PRESIDENT/CEO'S TOTAL COMPENSATION WAS DETERMINED BY THE BOARD OF DIRECTORS, CONSISTING OF INDEPENDENT PERSONS. IT WAS REVIEWED AGAINST NATIONAL BENCHMARKING SALARY STUDIES, SURVEYS DONE EVERY FEW YEARS BY MAKE-A-WISH FOUNDATION OF AMERICA, AND LOCAL SALARY SURVEYS CONDUCTED BY INDEPENDENT ORGANIZATIONS. THE BOARD'S DISCUSSIONS WERE CONTEMPORANEOUSLY DOCUMENTED. DOCUMENTATION INCLUDED THE TERMS OF THE COMPENSATION ARRANGEMENT AND DATE IT WAS APPROVED, THE MEMBERS PRESENT DURING DELIBERATIONS AND THOSE WHO VOTED ON IT, AND THE COMPARABILITY DATA RELIED UPON AND HOW IT WAS OBTAINED. THE SAME PROCESS LISTED ABOVE IS USED FOR OTHER OFFICERS AND STAFF MEMBERS, USING THE SAME INSTRUMENTS. SALARIES FOR STAFF OTHER THAN THE PRESIDENT/CEO ARE DECIDED BY THE PRESIDENT/CEO IN CONSULTATION WITH THE APPROPRIATE SENIOR LEADERSHIP TEAM MEMBER, WITHIN LIMITS SET BY THE BOARD-APPROVED BUDGET. ALL SALARY INCREASES ARE BASED ON METRICS FROM PERFORMANCE REVIEWS AND APPROVED SALARY RANGES FOR EACH POSITION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 11,119.