2024-07-11T13:09:06-05:00 2023-08-31 410746749 CLIFTONLARSONALLEN LLP 20 EAST THOMAS ROAD SUITE 2300 PHOENIX AZ 85012 990 2022-09-01 621253153 MAKE-A-WISH FOUNDATION OF THE MID-SOUTH INC MAKE 9016809474 1780 MORIAH WOODS BLVD 10 MEMPHIS TN 38117 CASEY K TANSEY PRESIDENT & CEO 9016809474 2024-07-06 1 CASEY TANSEY XXX-XX-XXXX 1 MELISSA HANGSLEBEN P02087031 6022662248 2024-07-06 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CASEY K TANSEY 1780 MORIAH WOODS BLVD 10 MEMPHIS TN 38117 7209449 0 X WWW.WISH.ORG/MIDSOUTH X 1986 TN CREATES LIFE-CHANGING WISHES FOR CHILDREN WITH CRITICAL ILLNESSES. 15 15 29 239 0 0 4532601 4629825 0 2175 -26380 268978 0 109469 4506221 5010447 1731428 2402740 0 0 1457622 1624657 0 0 532966 695734 742232 3884784 4769629 621437 240818 7336419 7811868 313175 304033 7023244 7507835 THE MAKE-A-WISH FOUNDATION OF THE MID-SOUTH CREATES LIFE-CHANGING WISHES FOR CHILDREN WITH CRITICAL ILLNESSES. 0 0 3536078 2402740 2175 WE GRANT ONE PERSONAL, HEARTFELT WISH FOR EVERY CHILD IN OUR TERRITORY BETWEEN THE AGES OF 2 1/2 AND 18 YEARS OLD WHO HAS A CRITICAL ILLNESS MEDICAL CONDITION, AS DETERMINED BY THE CHILD'S OWN PHYSICIAN. IN 2023, WE GRANTED 277 WISHES FOR CHILDREN WITHIN OUR TERRITORY - ARKANSAS, NORTH MISSISSIPPI AND WEST TENNESSEE. THESE WISHES IMPACTED OVER 1,000 PEOPLE DIRECTLY IN OUR PRIMARY PROGRAM - THE WISH CHILD, THEIR FAMILY, THE WISH GRANTING VOLUNTEERS, AND THE WISH SPONSORS WHO PARTICIPATED IN THE UNVEILING OF THE WISH. TOTAL WISHES GRANTED FOR THE FISCAL YEAR WERE $2,826,170. OF THIS AMOUNT, $1,148,291 WAS CONTRIBUTED BY VARIOUS VENDORS WHO PROVIDED IN-KIND CONTRIBUTIONS. 3536078 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 1 29 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 0 0 1 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 AR MS TN X CASEY K TANSEY 9016809474 1780 MORIAH WOODS BLVD 10 MEMPHIS TN 38117 CASEY TANSEY PRESIDENT & CEO 50.00 X 125471 0 12032 NICK CASSELLA CHAIR 1.00 X X 0 0 0 JEREMY FORBIS TREASURER 1.00 X X 0 0 0 SHA TOOHIG SECRETARY 1.00 X X 0 0 0 HUGH BOONE DIRECTOR 1.00 X 0 0 0 JULIE FARRELL DIRECTOR 1.00 X 0 0 0 SHARON HARRIS DIRECTOR 1.00 X 0 0 0 SHARI JEFFERIES DIRECTOR 1.00 X 0 0 0 LEE MCCALLUM DIRECTOR 1.00 X 0 0 0 JT NAVARESE DIRECTOR 1.00 X 0 0 0 LAUREN STACY DIRECTOR 1.00 X 0 0 0 FRANK STALLWORTH DIRECTOR 1.00 X 0 0 0 KENT THOMPSON DIRECTOR 1.00 X 0 0 0 MASON EZZELL DIRECTOR 1.00 X 0 0 0 JIM SLICKER DIRECTOR 1.00 X 0 0 0 MIKE ALLBRITTON DIRECTOR 1.00 X 0 0 0 LYNETTE WASHINGTON DIRECTOR (THRU 12/31/22) 1.00 X 0 0 0 125471 0 12032 1 0 0 0 0 7855 665653 3956317 822814 4629825 WISH ASSIST FEE 900099 2175 2175 2175 268521 268521 2110637 2110180 457 457 457 192591 665653 88822 103769 103769 OTHER REVENUE 900099 5700 5700 5700 5010447 2175 0 378447 2402740 2402740 142130 34111 38375 69644 1204303 578324 395020 230959 25904 12624 8542 4738 151589 71077 49307 31205 100731 46014 32471 22246 4480 4480 47212 47212 10255 10193 62 2631 2500 131 97834 45370 15480 36984 34265 11029 11064 12172 127177 59923 34210 33044 13925 3901 1271 8753 19765 5345 1184 13236 10868 5108 2934 2826 NATIONAL DUES 337176 236023 47205 53948 MERCHANT FEES 19902 6406 6426 7070 OTHER EXPENSES 16742 5390 5404 5948 4769629 3536078 700585 532966 102500 19380 680386 577232 147920 260523 2671 4720 3983 2065 143390 127769 70944 53802 20107 17142 6168121 6666792 67341 136245 7336419 7811868 247887 227741 65288 76292 313175 304033 X 6501018 6813978 522226 693857 7023244 7507835 7336419 7811868 240818 224575 19198 0 X 0 1 X 1 0 X 4393318 3685428 3718365 4532601 4629825 20959537 4393318 3685428 3718365 4532601 4629825 20959537 20959537 111481 76423 61923 141077 268521 659425 135806 56682 36108 55103 198291 481990 22100952 5875 0.94840 0.95770 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS FUNDRAISING REVENUE - 2018 AMOUNT: $ 135,806. 2019 AMOUNT: $ 55,773. 2020 AMOUNT: $ 33,736. 2021 AMOUNT: $ 55,103. 2022 AMOUNT: $ 192,591. OTHER REVENUE - 2018 AMOUNT: $ 0. 2019 AMOUNT: $ 909. 2020 AMOUNT: $ 2,372. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 5,700. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 357310 25000 32278 2852 411736 390197 25864 -56738 2013 357310 328213 68783 3891 2908 390197 288920 9885 32060 2652 328213 294626 12673 2448 18247 2580 288920 0.00000 0.59000 0.41000 1 0 14718 14705 13 11596 11003 593 44630 28094 16536 17142 MULTIPLE STRATEGIES - MUTUAL FUNDS 2112458 C COMMON COLLECTIVE TRUST - EQUITY SECURITIES 2901013 C COMMON COLLECTIVE TRUST - SHORT DURATION FIXED INCOME FUNDS 1653321 C 6666792 DUE TO NATIONAL 5218 DUE TO OTHER CHAPTERS 24479 LEASE LIABILITY - OPERATING 14915 LEASE LIABILITY - FINANCING 31680 76292 X 5633318 224575 445508 670083 4963235 47212 47212 5010447 5148727 426310 426310 4722417 47212 47212 4769629 PART V, LINE 4: THE INCOME FROM THE ENDOWMENT FUND WILL BE USED IN THE FOUNDATION'S WISH GRANTING ACTIVITIES. PART X, LINE 2: THE FOUNDATION IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME AND TENNESSEE 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. WALK FOR WISHES 251786 250181 1605 1605 5307 0 1677 1573 MAKE-A-WISH GOLF CLASSIC 221759 140546 81213 0 5647 19105 0 24030 3 384699 274926 109773 1773 5975 12627 1400 8103 858244 665653 192591 9025 11282 31732 3077 33706 88822 103769 1 WISHES GRANTED 277 1677880 724860 FMV SUPPLIES, TRAVEL, M&E PART I, LINE 2: MAKE-A-WISH FOUNDATION OF THE MID-SOUTH, INC. DOES NOT PROVIDE CASH GRANTS TO INDIVIDUALS, BUT RATHER GRANTS WISHES TO CHILDREN WITH CRITICAL ILLNESS MEDICAL CONDITIONS. THE ORGANIZATION ALLOCATES FUNDS DIRECTLY TO THE VENDORS FOR THE WISH EXPENSE, WITH THE EXCEPTION OF TRAVEL STIPENDS (I.E. MEALS, TIPS, GAS, ETC.) FROM A STANDARDIZED WISH BUDGET. ALL WISH BUDGETS ARE DEVELOPED BY THE WISH COORDINATORS AND APPROVED BY THE VICE PRESIDENT OF PROGRAM SERVICES, DIRECTOR OF WISHES, PRESIDENT/CEO OR BOARD MEMBERS - DEPENDING ON THE TOTAL CASH BUDGET. ALL WISH EXPENSES ARE SUPPORTED BY APPROPRIATE DOCUMENTATION (I.E. INVOICES) WHICH IS RETAINED BY THE CHAPTER. X 4074 FMV X 5 53903 FMV X 95 20199 FMV X EXCURSIONS 168 677458 FMV X TRAVEL 6 14455 FMV X SOUVENIORS 128 10844 FMV X CONSTRUCTION MATERIALS 9 10072 FMV X SUPPLIES 35 7643 FMV X FURNITURE 3 6889 FMV X PLAYSET 6 5449 FMV X MUSICAL INSTRUMENTS 3 4649 FMV X POOL & SPA 1 3400 FMV X MEDICAL EQUIPMENT 1 2911 FMV X TOYS 1 600 FMV X ELECTRONICS 6 268 FMV 0 0 1 0 PART I, COLUMN (B): THE AMOUNT IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF DIRECTORS, BY RESOLUTION ADOPTED BY A MAJORITY OF THE DIRECTORS THEN SERVING, MAY DESIGNATE AND APPOINT ONE OR MORE COMMITTEES COMPRISED OF DIRECTORS, EACH OF WHICH SHALL CONSIST OF ONE OR MORE DIRECTORS. SUCH COMMITTEES, TO THE EXTENT PROVIDED IN SAID RESOLUTION, SHALL HAVE AND EXERCISE THE AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE CORPORATION, EXCEPT NO SUCH COMMITTEE MAY EXERCISE THE AUTHORITY OF THE BOARD OF DIRECTORS IN REFERENCE TO THE FOLLOWING MATTERS: (I) FILLING VACANCIES ON, OR INCREASING OR DECREASING THE MEMBERS OF, THE BOARD OF DIRECTORS OR ANY COMMITTEE OF THE BOARD OF DIRECTORS; (II) ADOPTION, AMENDMENT OR REPEAL OF THESE BYLAWS OR THE ARTICLES OF INCORPORATION; OR (III) ANY MATTERS PROHIBITED BY LAW. FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE AMENDED DURING FISCAL 2023 FOR THE FOLLOWING: - CHANGED THE NUMBER FROM 12 TO 15 BOARD MEMBERS - CHANGED THE ANNUAL MEETING FROM SEPTEMBER TO MEETINGS ON A QUARTERLY BASIS. - CHANGED THE NOTIFICATION OF MEETINGS TO EMAIL (REMOVED FIRST CLASS MAIL). - CHANGED MEETING FROM CONFERENCE CALL TO VIRTUAL MEETING. - CHANGED THE ELECTION OF OFFICERS FROM THE ANNUAL MEETING TO THE LAST MEETING OF THE FISCAL YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE FOUNDATION WORKED CLOSELY WITH AN INDEPENDENT ACCOUNTING FIRM TO PREPARE THE RETURN. THE DRAFT RETURN THAT WAS PREPARED BY THE ACCOUNTING FIRM WAS REVIEWED BY THE FOUNDATION'S PRESIDENT & CEO, VICE PRESIDENT OF FINANCE & OPERATIONS AND THE TREASURER. THE RETURN WAS THEN PRESENTED TO THE FINANCE COMMITTEE AND EXECUTIVE COMMITTEE OF THE BOARD, COMPOSED OF FINANICAL PROFESSIONALS, FOR REVIEW AND APPROVAL. A COMPLETE COPY OF THE FINAL RETURN 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 MANAGER 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 CONFLICT 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 THE PRESIDENT/CEO'S COMPENSATION WAS DETERMINED BY THE BOARD OF DIRECTORS, CONSISTING OF INDEPENDENT PERSONS. IT WAS REVIEWED AGAINST NATIONAL BENCHMARKING SALARY STUDIES, SURVEYS COMPLETED BY THE MAKE-A-WISH FOUNDATION OF AMERICA, AND LOCAL SURVEYS CONDUCTED BY STATE ORGANIZATIONS AND BY NATIONAL BENCHMARKING ORGANIZATIONS. THE BOARD'S DISCUSSION AND DECISIONS WERE CONTEMPORANEOUSLY DOCUMENTED, INCLUDING THE TERMS OF THE TRANSACTION AND THE DATE APPROVED. THE MEMBERS PRESENT FOR THE DELIBERATIONS AND WHO VOTED, AND THE DESCRIPTION OF THE COMPARABILITY DATA OBTAINED AND HOW IT WAS OBTAINED. THIS PROCESS WAS LAST COMPLETED DURING FISCAL 2023. FORM 990, PART VI, SECTION B, LINE 15B: THE FOUNDATION DOES NOT HAVE OTHER OFFICERS WHO ARE COMPENSATED AND HAS NO EMPLOYEES WHO MET THE DEFINITION OF KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.