2024-07-10T11:17:45-05:00 2023-08-31 410746749 CLIFTONLARSONALLEN LLP 20 EAST THOMAS ROAD SUITE 2300 PHOENIX AZ 85012 990 2022-09-01 421310530 MAKE-A-WISH FOUNDATION OF IOWA INC MAKE 5153342636 3009 100TH STREET URBANDALE IA 50322 SARA KUROVSKI PRESIDENT & CEO 5153342636 2024-07-07 1 SARA KUROVSKI XXX-XX-XXXX 1 MELISSA HANGSLEBEN P02087031 6022662248 2024-07-07 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SARA KUROVSKI 3009 100TH STREET URBANDALE IA 50322 6737646 0 X IOWA.WISH.ORG X 1987 IA TOGETHER, WE CREATE LIFE-CHANGING WISHES FOR CHILDREN WITH CRITICAL ILLNESSES. 18 18 20 290 0 0 3530233 3251397 0 0 192336 195925 -55773 -19481 3666796 3427841 1712198 2256519 0 0 1061968 1456269 4558 7500 638347 705499 942749 3484223 4663037 182573 -1235196 5636271 4405049 366587 426587 5269684 3978462 X THE MAKE-A-WISH FOUNDATION OF IOWA CREATES LIFE-CHANGING WISHES FOR CHILDREN WITH CRITICAL ILLNESSES. 0 0 3372911 2256519 0 SEE SCHEDULE O. 3372911 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 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 11 3 1 20 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IA X X TERRY GALLAGHER 5153342636 3009 100TH STREET URBANDALE IA 50322 JODEE STENSLAND CHAIR 5.00 X X 0 0 0 LISA RIENSCHE VICE CHAIR 5.00 X X 0 0 0 NEAL WESTIN TREASURER 5.00 X X 0 0 0 DAN HUITINK SECRETARY 5.00 X X 0 0 0 MIKE TAYLOR DIRECTOR 1.00 X 0 0 0 PHIL COLACO DIRECTOR 1.00 X 0 0 0 RYAN HARKLAU DIRECTOR 1.00 X 0 0 0 BRETT AGNEW DIRECTOR 1.00 X 0 0 0 AARON WENDEL DIRECTOR 1.00 X 0 0 0 LEZLIE MESTDAGH DIRECTOR 1.00 X 0 0 0 SARAH HAINES DIRECTOR 1.00 X 0 0 0 TIMOTHY QUINN DIRECTOR 1.00 X 0 0 0 JANE OROURKE DIRECTOR 1.00 X 0 0 0 MARYANNE GRAVES DIRECTOR 1.00 X 0 0 0 JENNIFER BRYANT DIRECTOR 1.00 X 0 0 0 DAVID FARNSWORTH DIRECTOR 1.00 X 0 0 0 BEN REINKING DIRECTOR 1.00 X 0 0 0 NATALIE DIOUHY DIRECTOR 1.00 X 0 0 0 SARA KUROVSKI PRESIDENT & CEO 50.00 X 138600 0 8654 138600 0 8654 1 0 0 0 0 13683 1279271 1958443 819906 3251397 187537 187537 2861208 2852820 8388 8388 8388 404645 1279271 453485 -48840 -48840 32859 3500 29359 29359 3427841 0 0 176444 2256519 2256519 161343 77836 36088 47419 1065242 501054 242661 321527 37599 21247 8125 8227 99155 57978 17639 23538 92930 44423 21213 27294 9410 9410 57494 57494 7500 7500 22947 22947 96463 5740 50334 40389 45 45 140287 49437 52909 37941 27522 17305 7165 3052 90788 52353 16772 21663 40765 1083 35364 4318 26485 5722 13666 7097 1057 613 190 254 37362 21670 6725 8967 2466 1256 690 520 CHAPTER DUES 369195 258437 51687 59071 MERCHANT FEES 18779 18779 MEMBERSHIP DUES 1684 193 700 791 4663037 3372911 651779 638347 220456 429022 402082 35737 905462 427148 115 3951 52246 258331 278334 273524 197641 116087 75883 3554219 2762632 175568 344047 5636271 4405049 264711 189013 3500 98376 237574 366587 426587 X 3687080 2872733 1582604 1105729 5269684 3978462 5636271 4405049 X -1235196 -69275 7865 5384 X 0 1 X 1 0 X 2934791 2319262 4780435 3530233 3251397 16816118 2934791 2319262 4780435 3530233 3251397 16816118 1577055 15239063 91010 77187 49535 93869 187537 499138 443468 380030 445119 375861 437504 2081982 19397238 300 0.78560 0.78490 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS FUNDRAISING REVENUE - 2018 AMOUNT: $ 424,760. 2019 AMOUNT: $ 367,137. 2020 AMOUNT: $ 431,189. 2021 AMOUNT: $ 370,257. 2022 AMOUNT: $ 404,645. GROSS GAMING REVENUE - 2018 AMOUNT: $ 6,595. 2019 AMOUNT: $ 12,868. 2020 AMOUNT: $ 5,290. 2021 AMOUNT: $ 5,604. 2022 AMOUNT: $ 32,859. OTHER REVENUE - 2018 AMOUNT: $ 12,113. 2019 AMOUNT: $ 25. 2020 AMOUNT: $ 8,640. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15252 533 15785 15252 0 15252 13521 1731 15252 0.00000 0.85657 0.14343 0 0 122553 76789 45764 150971 120852 30119 75883 DUE FROM NATIONAL 37922 BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 107211 SPLIT-INTEREST AGREEMENTS 7796 RIGHT-OF-USE ASSETS - OPERATING 174152 RIGHT-OF-USE ASSETS - FINANCE 16966 344047 DUE TO NATIONAL 4589 DUE TO OTHER CHAPTERS 32365 LEASE LIABILITY- OPERATING 182489 LEASE LIABILITY- FINANCING 18131 237574 X 4260285 -69275 870442 5384 806551 3453734 22947 -48840 -25893 3427841 5551507 862577 48840 911417 4640090 22947 22947 4663037 PART V, LINE 4: THE INTENDED USE OF THE ENDOWMENT FUND IS TO PROVIDE RESOURCES TO GRANT THE WISHES OF CHILDREN WITH CRITICAL ILLNESS. PART X, LINE 2: THE FOUNDATION IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME AND IOWA TAXES UNDER THE PROVISIONS OF INTERNAL REVENUE CODE (IRC) SECTION 501 (C)(3) AND SECTION 504(A) OF THE IOWA 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 SPLIT INTEREST AGREEMENTS 905. CHANGE IN VALUE OF BENEFICIAL INTEREST OF ASSETS 4,479. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES MOVED FROM THE FUNCTIONAL EXPENSE STATEMENT TO THE STATEMENT OF REVENUE -48,840. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES MOVED FROM THE FUNCTIONAL EXPENSE STATEMENT TO THE STATEMENT OF REVENUE 48,840. JOLLY HOLIDAY LIGHTS 615341 388011 227330 238 114964 160968 DES MOINES GALA 463272 346240 117032 25205 31682 47937 851 11357 9 605303 545020 60283 862 9783 38354 2029 9255 1683916 1279271 404645 26067 41465 86529 117844 181580 453485 -48840 32859 3500 0 32859 3500 3500 29359 IA 1 0 0 0 0.00000 1.00000 TERRY GALLAGHER 3009 100TH STREET URBANDALE IA 50322 0 CASSIDY GOMEZ 0 EVENT MANAGER X 0 1 WISHES GRANTED 198 286802 1969717 FMV TRAVEL, M&E AND 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 WISH-RELATED 323 789406 FMV X SPECIAL EVENTS 1 30500 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 IOWA GRANTED 198 LIFE CHANGING WISHES IN THE FISCAL YEAR ENDING AUGUST 31, 2023. THE TOTAL COST OF WISHES GRANTED FOR THE FISCAL YEAR WAS $3,942,056. AN ESSENTIAL PART OF WISH GRANTING OPERATIONS IS IN-KIND FOR WISHES. IN-KIND CAN RANGE FROM TIME, TALENT, MATERIALS FOR WISH GRANTING SUPPORT. THE MAKE-A-WISH IOWA AUDIT FOR THE SAME TIMEFRAME SHOWS $1,304,480 IN WISH RELATED IN-KIND. IF THAT IN-KIND WAS NOT ACQUIRED THE ORGANIZATION WOULD NEED TO RAISE THE REVENUE TO COVER THOSE COSTS. THERE IS ALSO AN ADDITION AMOUNT OF $458,874 OF IN-KIND SUPPORT. THIS IS PREDOMINANTLY RELATED TO TALENTED INDIVIDUALS WHO PRODUCE VIDEOS, GRAPHIC DESIGN IMAGES, EDUCATIONAL MATERIALS, OFFER THEIR MILAGE TRAVELED, OFFER LEGAL SERVICES, AND HUMAN RESOURCE SERVICES TO THE ORGANIZATION. WE ARE INCREDIBLY THANKFUL TO ALL INDIVIDUAL WHO SUPPORT THE MANY AREAS OF WORK AT MAKE-A-WISH IOWA. FOR FINANCIAL STATEMENT PURPOSES, INKIND SERVICES 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 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 TWO 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 B, LINE 11B THE FOUNDATION WORKS WITH AN INDEPENDENT PUBLIC ACCOUNTING FIRM ENGAGED TO PREPARE THE RETURN. THE DRAFT RETURN PREPARED BY THE ACCOUNTING FIRM WILL BE REVIEWED BY THE FOUNDATION'S PRESIDENT & CEO. THE RETURN IS THEN PRESENTED TO THE FINANCE COMMITTEE FOR THEIR REVIEW. SUBSEQUENT TO THE COMMITTEE'S APPROVAL, A COMPLETE COPY OF THE FORM 990 WILL BE PROVIDED TO ALL VOTING MEMBERS OF THE GOVERNING 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 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 RESCUES 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 DONE EVERY FEW YEARS BY THE MAKE-A-WISH FOUNDATION OF AMERICA, AND BY LOCAL SALARY SURVEYS CONDUCTED BY STATE ORGANIZATIONS AND BY NATIONAL BENCHMARKING ORGANIZATIONS. THE BOARD'S DISCUSSION AND DECISIONS WERE CONTEMPORANEOUSLY DOCUMENTED. DOCUMENTATION INCLUDES THE TERMS OF THE TRANSACTION AND THE 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. 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 SPLIT INTEREST AGREEMENTS 905. CHANGE IN VALUE OF BENEFICIAL INTEREST OF ASSETS 4,479.