2024-03-25T11:32:27-05:00 2023-08-31 410746749 CLIFTONLARSONALLEN LLP 20 EAST THOMAS ROAD SUITE 2300 PHOENIX AZ 85012 990 2022-09-01 363422138 MAKE-A-WISH FOUNDATION OF ILLINOIS INC MAKE 3126029474 200 WEST MONROE STREET 1801 CHICAGO IL 60606 STEPHANIE SPRINGS CHIEF EXECUTIVE OFFICER 3126029474 2024-03-19 1 STEPHANIE SPRINGS XXX-XX-XXXX 0 MELISSA HANGSLEBEN P02087031 6022662248 2024-03-19 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X STEPHANIE SPRINGS 200 WEST MONROE STREET 1801 CHICAGO IL 60606 14720620 0 X WWW.WISH.ORG/ILLINOIS X 1986 IL THE MAKE-A-WISH FOUNDATION OF ILLINOIS CREATES LIFE CHANGING WISHES FOR CHILDREN WITH CRITICAL ILLNESSES. 24 24 64 1298 0 0 11942988 12799977 3300 10800 309761 186565 29687 28650 12285736 13025992 3749719 7790993 0 0 4640867 5195499 0 0 2184722 1906428 2064735 10297014 15051227 1988722 -2025235 20840047 19783797 1340392 1463543 19499655 18320254 THE MAKE-A-WISH FOUNDATION OF ILLINOIS CREATES LIFE CHANGING WISHES FOR CHILDREN WITH CRITICAL ILLNESSES. 0 0 10932783 7790993 10800 OVER 16,000 WISHES HAVE BEEN GRANTED SINCE INCEPTION IN 1985. IN THE PAST YEAR, THE FOUNDATION FULFILLED 729 LIFE-CHANGING WISHES TO CHILDREN IN ILLINOIS. THE PROGRAM EXPENSE RATIO IS 75% IN THE AUDITED FINANCIAL STATEMENTS. THE RATIO OF 73% IN THIS FORM 990 IS SLIGHTLY LOWER BECAUSE OF THE EXCLUSION OF DONATED TRAVEL SERVICES AND USE OF FACILITIES. THE ORGANIZATION REMAINS FULLY COMMITTED TO EQUITABLY SERVING EVERY ELIGIBLE CHILD IN ILLINOIS, INCLUDING CONDUCTING DEEPER OUTREACH TO UNDERSERVED COMMUNITIES. OUR STRONG MEDICAL OUTREACH AND COMMUNITY ENGAGEMENT PROGRAMS, AS WELL AS STAFF AND VOLUNTEERS THAT WORK DIRECTLY IN THE COMMUNITY, CONTINUE TO SUPPORT THE ORGANIZATION'S STRONG TIES WITH INDIVIDUALS, COMMUNITY GROUPS, HOSPITALS, AND CORPORATIONS THROUGHOUT ILLINOIS. 10932783 1 1 0 0 0 0 0 0 0 1 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 31 0 1 64 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X STEPHANIE SPRINGS 3126029474 200 WEST MONROE STREET 1801 CHICAGO IL 60606 MARK CHONG CHAIR 2.00 X X 0 0 0 MICHAEL WARMUTH VICE CHAIR 2.00 X X 0 0 0 AMANDA WORTHINGTON VICE CHAIR 2.00 X X 0 0 0 CHARLES BROOKS CORPORATE DOCUMENTS OFFICER 2.00 X X 0 0 0 KRISTINA PASCHALL TREASURER 2.00 X X 0 0 0 MICHELE BOOTH DIRECTOR 2.00 X 0 0 0 DANIEL HANRAHAN DIRECTOR 2.00 X 0 0 0 JASON MASLAN DIRECTOR 2.00 X 0 0 0 LINDA MCGOVERN DIRECTOR 2.00 X 0 0 0 JEFF MURPHY DIRECTOR 2.00 X 0 0 0 PAT NASH DIRECTOR 2.00 X 0 0 0 TODD RICHARDS DIRECTOR 2.00 X 0 0 0 JOHN SBRAGIA DIRECTOR 2.00 X 0 0 0 CHRISTINE SINNOTT DIRECTOR 2.00 X 0 0 0 D REID SNELLENBARGER DIRECTOR (THRU 7/2023) 2.00 X 0 0 0 THOMAS SOUTH DIRECTOR 2.00 X 0 0 0 CHRISTINE TORRES DIRECTOR 2.00 X 0 0 0 ANNA VOORTMAN DIRECTOR (THRU 10/2022) 2.00 X 0 0 0 MATT WESTERLUND DIRECTOR 2.00 X 0 0 0 SUSAN YEAZEL DIRECTOR (THRU 1/2023) 2.00 X 0 0 0 JESSI CORCORAN DIRECTOR 2.00 X 0 0 0 JERRY DARKO DIRECTOR 2.00 X 0 0 0 PAUL MARTINO DIRECTOR 2.00 X 0 0 0 JENNIFER SAMPSON DIRECTOR 2.00 X 0 0 0 JAMES FLOYD DIRECTOR 2.00 X 0 0 0 JEAN NIEMI DIRECTOR 2.00 X 0 0 0 ANDY PASTERNAK DIRECTOR 2.00 X 0 0 0 STEPHANIE SPRINGS CHIEF EXECUTIVE OFFICER 40.00 X 355062 0 12418 VICTORIA GUSTER-HINES CHIEF OPERATING OFFICER 40.00 X 191503 0 7158 HEATHER SIMPSON CHIEF DEVELOPMENT OFFICER 40.00 X 213779 0 1136 RYAN BLACKBURN VP MISSION DELIVERY 40.00 X 154910 0 24401 ANDREA SUDERSKI ACCOUNTING DIRECTOR 40.00 X 118800 0 2211 SUSAN ZELLNER INDIVIDUAL GIVING DIRECTOR 40.00 X 125328 0 14805 WENDY SCHULTZ CORPORATE GIVING DIRECTOR 40.00 X 121419 0 12648 1280801 0 74777 7 0 1 0 WINDY CITY LIMOUSINE 2801 S 25TH AVE BROADVIEW IL 60155 LIMO RIDES FOR WISHES 161459 WILLIAM MORRIS ENDEAVOR ENTERTAINMENT 1201 DEMONBREUN ST 15TH FLOOR NASHVILLE TN 37203 ENTERTAINMENT FOR WISH BALL 136000 2 2494137 10305840 3214764 12799977 WISH ASSIST FEES 900099 10800 10800 10800 515920 515920 162750 486898 5207 -324148 -5207 -329355 -329355 1200198 2494137 1200198 0 4650 2325 2325 2325 OTHER INCOME 900099 26325 26325 26325 13025992 10800 0 215215 7790993 7790993 1028200 257679 527064 243457 3587530 1534645 931055 1121830 30893 15459 5963 9471 299708 117252 78292 104164 249168 114533 57971 76664 4790 4790 47407 47407 72127 22057 8070 42000 3118 428 2690 224822 99087 21546 104189 115970 38581 18947 58442 320407 153194 76542 90671 52195 17842 2291 32062 79454 30855 8351 40248 539 539 54635 26393 12620 15622 NATIONAL DUES 922198 645538 129108 147552 PROMOTIONAL GIFT ITEMS 84382 61778 3166 19438 MERCHANT/BANK FEES 48756 48756 BAD DEBT 24000 24000 9935 6469 3466 15051227 10932783 1933722 2184722 3150286 1802746 5381990 5924990 1537913 910548 50037 0 223931 231388 423435 362783 83220 60652 9578011 10352127 834659 501346 20840047 19783797 954747 1086432 385645 377111 1340392 1463543 X 12857970 12872635 6641685 5447619 19499655 18320254 20840047 19783797 -2025235 845834 0 X 0 1 X 1 0 X 11909230 11936788 13432690 11942987 12799977 62021672 11909230 11936788 13432690 11942987 12799977 62021672 2758118 59263554 271147 297911 352088 241528 515920 1678594 1397014 315690 549581 758853 1231173 4252311 67952577 24075 0.87210 0.88100 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS FUNDRAISING EVENT REVENUE - 2018 AMOUNT: $ 1,302,538. 2019 AMOUNT: $ 285,415. 2020 AMOUNT: $ 546,163. 2021 AMOUNT: $ 720,386. 2022 AMOUNT: $ 1,200,198. GROSS GAMING REVENUE - 2018 AMOUNT: $ 42,906. 2019 AMOUNT: $ 4,550. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 18,465. 2022 AMOUNT: $ 4,650. OTHER INCOME - 2018 AMOUNT: $ 51,570. 2019 AMOUNT: $ 25,725. 2020 AMOUNT: $ 3,418. 2021 AMOUNT: $ 20,002. 2022 AMOUNT: $ 26,325. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4328886 100000 292175 162750 21213 4537098 5130682 100000 -745796 130829 25171 4328886 4225685 270000 777062 125000 17065 5130682 4115499 48000 275998 189000 24812 4225685 3619024 548000 145025 182000 14550 4115499 0.00000 0.87670 0.12330 0 0 14489 12122 2367 173021 124886 48135 235925 225775 10150 60652 DUE TO NATIONAL 6223 DUE TO OTHER CHAPTERS 272626 LEASE LIABILITY - OPERATING 98262 377111 X 15075897 845834 1251478 2097312 12978585 47407 47407 13025992 16255298 1251478 1251478 15003820 47407 47407 15051227 PART V, LINE 4: PERMANENTLY RESTRICTED ENDOWMENT FUND INCOME IS EXPENDABLE TO SUPPORT WISH GRANTING AND REFERRAL OUTREACH. THE TEMPORARILY RESTRICTED PORTION IS THE EXPENDABLE INCOME. PART X, LINE 2: THE FOUNDATION IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME AND ILLINOIS TAXES UNDER THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(3) AND SECTION 205 OF THE ILLINOIS REVENUE AND TAXATION 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 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 THE APPLICABLE STATE JURISDICTIONS. WISH BALL 2843515 1905961 937554 284473 13000 209463 197435 233184 I WISH TO PARTY 340406 167790 172616 71043 44519 25029 6850 25175 3 510414 420386 90028 0 75067 11290 3670 0 3694335 2494137 1200198 355516 132586 245782 207955 258359 1200198 0 1 WISHES GRANTED 729 1067861 6723132 FMV TRAVEL, ACTIVITIES, AND MERCHANDISE PART I, LINE 2: THE ORGANIZATION DOES NOT PROVIDE CASH GRANTS TO INDIVIDUALS, BUT RATHER GRANTS WISHES TO SELECTED BENEFICIARIES THAT MEET THE SPECIFIC CRITERIA FOR THE WISH GRANTING PROGRAM. THE ORGANIZATION GENERALLY ALLOCATES FUNDS DIRECTLY TO THE VENDORS FOR THE WISH EXPENSES. HOWEVER, CASH ASSISTANCE IN THE FORM OF DECLINING BALANCE CARDS IS PROVIDED TO WISH CHILDREN AND THEIR FAMILIES TO COVER CERTAIN EXPENSES FOR SOME WISH TYPES, PRIMARILY TRAVEL STIPENDS FOR TRAVEL WISHES (E.G. MEALS, TIPS, GAS, ETC.). THE PURPOSE AND AMOUNT OF ASSISTANCE IS COMMUNICATED TO THE WISH FAMILY PRIOR TO THE ISSUANCE OF THE CARD SO THAT THE FAMILY IS AWARE OF THE INTENDED USE FOR THE FUNDS. X X X X 0 0 0 0 0 0 0 1 0 STEPHANIE SPRINGS CHIEF EXECUTIVE OFFICER 291519 0 57621 0 5922 0 4379 0 8039 0 367480 0 0 0 HEATHER SIMPSON CHIEF DEVELOPMENT OFFICER 199253 0 13764 0 762 0 0 0 1136 0 214915 0 0 0 VICTORIA GUSTER-HINES CHIEF OPERATING OFFICER 179868 0 10620 0 1015 0 0 0 7158 0 198661 0 0 0 RYAN BLACKBURN VP MISSION DELIVERY 143878 0 10850 0 182 0 1990 0 22411 0 179311 0 0 0 PART I, LINE 7 INDIVIDUALS ON THE LEADERSHIP TEAM ARE INCLUDED IN A PERFORMANCE INCENTIVE PLAN, WHICH HAS COMPONENTS THAT INTEGRATE WITH THE CEO INCENTIVE PLAN. THE PAYOUTS ARE BASED ON INDIVIDUAL PERFORMANCE GOALS AND SHARED GOALS. X 15 383308 SELLING PRICE X MEALS & THEME PARK TICKETS 301 2017471 FMV X EVENT AUCTION 325 355516 FMV X WISH ACTIVITIES & MERCH 428 251459 FMV X AIRFARE 58 207010 FMV 0 0 1 0 PART I, COLUMN (B): THE NUMBER IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL CONSIST OF ALL OF THE OFFICERS OF THE BOARD, WITH THE CHAIR OF THE BOARD SERVING AS THE CHAIR OF THE EXECUTIVE COMMITTEE, AND THE CHAIR OF EACH OF THE OTHER COMMITTEES OF THE BOARD, WITH THE EXCEPTION OF THE COMPENSATION COMMITTEE. THE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR EXPEDITING ADMINISTRATIVE AND COMMUNICATION MATTERS AFFECTING THE BOARD, EVALUATING THE FOUNDATION'S CEO ON AN ANNUAL BASIS, DETERMINING BOARD COMMITTEE EFFECTIVENESS AND DETERMINING BOARD COMPLIANCE WITH GOVERNANCE POLICIES. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS HAS DELEGATED REVIEW OF THE FORM 990 TO THE FINANCE COMMITTEE. THE ORGANIZATION'S CHIEF OPERATING OFFICER AND ACCOUNTING DIRECTOR WORKED CLOSELY WITH THE OUTSIDE ACCOUNTING FIRM TO PREPARE THE RETURN. THE FINAL FORM 990 WAS REVIEWED BY THE CEO AND FINANCE COMMITTEE AND DISCUSSED WITH THE FINANCE STAFF. THE FINANCE COMMITTEE VOTED TO APPROVE THE FORM FOR FILING. SUBSEQUENT TO ITS REVIEW, THE FINANCE COMMITTEE REPORTED BACK TO THE BOARD REGARDING ITS OVERSIGHT OF THE FORM 990 AND A COMPLETE COPY OF THE FINAL FORM 990 WAS PROVIDED TO THE ENTIRE VOTING BOARD BEFORE THE RETURN WAS FILED WITH THE IRS. 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 TALENT TEAM IF THEY ARE FROM VOLUNTEERS, AND THE CEO AND COO IF FROM STAFF AND BOARD MEMBERS. REVIEW OF THE STATEMENTS IS MONITORED BY THE CEO AND COO. THE PROCEDURES FOR ADDRESSING ANY CONFLICT OF INTEREST OF WHICH THE CEO AND COO 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 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS IS ACCOUNTABLE FOR APPROVING THE CEO'S COMPENSATION PACKAGE. CONSISTENT WITH THE ORGANIZATION'S PHILOSOPHY AND PRINCIPLES, THE EXECUTIVE COMMITTEE APPROVES THE ANNUAL PERFORMANCE GOALS AND CRITERIA TO BE USED IN DETERMINING MERIT INCREASES AND VARIABLE COMPENSATION CRITERIA FOR THE CEO. IT ALSO APPROVES THE INCENTIVE TERMS FOR THE LEADERSHIP TEAM, WHICH CONSISTS OF THE CHIEF OPERATING OFFICER, CHIEF DEVELOPMENT OFFICER, VP OF MISSION DELIVERY, AND VP OF MARKETING. THE EXECUTIVE COMMITTEE IS COMPRISED SOLELY OF INDEPENDENT DIRECTORS, NONE OF WHOM HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE CEO'S COMPENSATION PACKAGE AND LEADERSHIP TEAM INCENTIVE TERMS. THE COMPENSATION COMMITTEE IS APPOINTED BY THE EXECUTIVE COMMITTEE AND IS TASKED WITH MAKING RECOMMENDATIONS TO THE EXECUTIVE COMMITTEE ON THE TOTAL COMPENSATION PACKAGE FOR THE CEO AND INCENTIVE PAYOUTS FOR THE LEADERSHIP TEAM. THE COMPENSATION COMMITTEE CONSISTS OF AT LEAST 3 BOARD MEMBERS AND A QUALIFIED INDEPENDENT COMPENSATION AND BENEFITS PROFESSIONAL ("INDEPENDENT PROFESSIONAL"), CURRENTLY KORN FERRY. AS SUPPORT FOR THE CEO'S COMPENSATION PACKAGE, COMPARABILITY DATA IS OBTAINED FROM KORN FERRY (I.E. TOTAL COMPENSATION PAID BY SIMILARLY SITUATED ORGANIZATIONS, BOTH TAXABLE AND TAX-EXEMPT, FOR SIMILAR JOB RESPONSIBILITIES). THIS DATA IS UPDATED ANNUALLY. THE EXECUTIVE COMMITTEE'S WRITTEN RECORDS RELATED TO COMPENSATION INCLUDE: 1) THE TERMS OF THE COMPENSATION ARRANGEMENTS; 2) A DESCRIPTION OF THE COMPARABLE DATA RELIED UPON BY THE EXECUTIVE COMMITTEE; AND 3) DOCUMENTATION OF THE COMPENSATION DECISIONS MADE BY THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.