2025-05-22T08:17:35-05:00 2024-08-31 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2023-09-01 421310530 MAKE-A-WISH FOUNDATION OF IOWA INC MAKE 5153342636 3009 100TH STREET URBANDALE IA 50322 SARA KUROVSKI PRESIDENT & CEO 5153342636 2025-05-21 1 1 HEIDI TATRO P01591796 6123764500 2025-05-21 2023 2025-03-06 01:10:19Z SARA KUROVSKI 3009 100TH STREET URBANDALE IA 50322 9861114 0 X IOWA.WISH.ORG X 1987 IA TOGETHER, WE CREATE LIFE-CHANGING WISHES FOR CHILDREN WITH CRITICAL ILLNESSES. 16 16 20 290 0 0 3251397 6355791 0 601 195925 59787 -19481 3040 3427841 6419219 2256519 2390187 0 0 1456269 1509083 7500 0 816927 942749 924457 4663037 4823727 -1235196 1595492 4405049 6135892 426587 373301 3978462 5762591 X THE MAKE-A-WISH FOUNDATION OF IOWA CREATES LIFE-CHANGING WISHES FOR CHILDREN WITH CRITICAL ILLNESSES. 0 0 3509989 2390187 601 SEE SCHEDULE O. 3509989 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 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 7 4 1 20 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IA X 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 JENNIFER BRYANT HR 5.00 X 0 0 0 RYAN HARKLAU DIRECTOR 1.00 X 0 0 0 BRETT AGNEW DIRECTOR 1.00 X 0 0 0 DAVID FARNSWORTH 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 BEN REINKING DIRECTOR 1.00 X 0 0 0 NATALIE DLOUHY DIRECTOR 1.00 X 0 0 0 SARA KUROVSKI PRESIDENT & CEO 50.00 X 148226 0 12838 148226 0 12838 1 0 1 0 0 28436 702598 5624757 873377 6355791 WISH ASSIST FEES 900099 601 601 601 118325 118325 2801220 2859758 -58538 -58538 -58538 561384 702598 576384 -15000 -15000 23793 5753 18040 18040 6419219 601 0 62827 2390187 2390187 171582 80924 36205 54453 1089300 496876 233018 359406 47177 26900 9916 10361 107467 63139 19113 25215 93557 43892 20175 29490 11000 11000 60333 2745 56452 1136 13423 13423 72659 4393 4834 63432 57467 57467 200827 89601 19277 91949 25467 8250 11856 5361 91815 52942 16966 21907 6053 185 383 5485 13522 726 12796 687 398 124 165 37779 21912 6800 9067 3144 1155 1226 763 CHAPTER DUES 311913 218339 43668 49906 MERCHANT FEES 16736 8054 2499 6183 MEMBERSHIP DUES 1632 97 150 1385 4823727 3509989 496811 816927 429022 194154 35737 59693 427148 3088971 52246 278334 198063 273524 224333 75883 49191 2762632 2203962 344047 341858 4405049 6135892 189013 146612 237574 226689 426587 373301 X 2872733 1964649 1105729 3797942 3978462 5762591 4405049 6135892 X 1595492 168922 7759 11956 X 0 1 X 1 0 X 2319262 4780435 3530233 3251397 6355791 20237118 2319262 4780435 3530233 3251397 6355791 20237118 5005255 15231863 77187 49535 93869 187537 118325 526453 380030 445119 375861 437504 585177 2223691 22987262 0.66260 0.78560 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS FUNDRAISING REVENUE - 2019 AMOUNT: $ 367,137. 2020 AMOUNT: $ 431,189. 2021 AMOUNT: $ 370,257. 2022 AMOUNT: $ 404,645. 2023 AMOUNT: $ 561,384. GROSS GAMING REVENUE - 2019 AMOUNT: $ 12,868. 2020 AMOUNT: $ 5,290. 2021 AMOUNT: $ 5,604. 2022 AMOUNT: $ 32,859. 2023 AMOUNT: $ 23,793. OTHER REVENUE - 2019 AMOUNT: $ 25. 2020 AMOUNT: $ 8,640. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15785 1165 16950 15252 533 15785 15252 15252 13521 1731 15252 0.20230 0.79770 0.00000 0 0 122553 88466 34087 150971 135867 15104 49191 DUE FROM NATIONAL 63172 BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 117005 SPLIT-INTEREST AGREEMENTS 9958 RIGHT-OF-USE ASSETS - OPERATING 133746 RIGHT-OF-USE ASSETS - FINANCE 17977 341858 DUE TO NATIONAL 11162 DUE TO OTHER CHAPTERS 56791 LEASE LIABILITY- OPERATING 140042 LEASE LIABILITY- FINANCING 18694 226689 X 7385738 168922 784064 11956 964942 6420796 13423 -15000 -1577 6419219 5601609 776305 15000 791305 4810304 13423 13423 4823727 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, 2024 AND 2023. THE FOUNDATION FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION, AND APPLICABLE STATE JURISDICTIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN SPLIT INTEREST AGREEMENTS 9,794. CHANGE IN VALUE OF BENEFICIAL INTEREST OF ASSETS 2,162. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES MOVED FROM THE FUNCTIONAL EXPENSE STATEMENT TO THE STATEMENT OF REVENUE -15,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES MOVED FROM THE FUNCTIONAL EXPENSE STATEMENT TO THE STATEMENT OF REVENUE 15,000. DES MOINES GALA 367387 294747 72640 100 15000 37646 19894 RIVERBEND GALA 318046 256238 61808 1500 1000 39810 1251 18247 6 578549 151613 426936 317 1072 105225 25562 204711 105049 1263982 702598 561384 1917 1072 121225 103018 205962 143190 576384 -15000 23793 5753 1 1.00000 23793 5753 5753 18040 IA 1 0 0 0 1.00000 TERRY GALLAGHER 3009 100TH STREET URBANDALE IA 50322 0 CASSIDY GOMEZ 0 EVENT MANAGER X 0 1 WISHES GRANTED 200 420642 1969545 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 X 0 0 0 0 0 0 0 0 0 SARA KUROVSKI PRESIDENT & CEO 148226 0 0 0 0 0 5929 0 6909 0 161064 0 0 0 X WISH-RELATED 334 826736 FMV X SPECIAL EVENTS 80 46641 FMV 0 1 0 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 200 LIFE CHANGING WISHES IN THE FISCAL YEAR ENDING AUGUST 31, 2024. THE TOTAL COST OF WISHES GRANTED FOR THE FISCAL YEAR WAS $3,899,814. OF THIS AMOUNT, $389,825 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 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 FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 2,162. CHANGE IN VALUE OF BENEFICIAL INTEREST OF ASSETS 9,794. SCHEDULE B, PART I, NO. 3 GERDIN FAMILY FOUNDATION DONATION OF $3,500,000. THIS DONATION IS TO BE PAID OUT IN THE AMOUNT OF $700,000 A YEAR FOR FIVE YEARS. FORM 990, PART VIII, STATEMENT OF REVENUE IN LATE SPRING OF 2023, THE LEADERSHIP AT ADVENTURELAND NOTIFIED MAKE-A-WISH IOWA THAT THEY WOULD NOT BE ABLE TO SET UP IN ACCORDANCE WITH THEIR CONTRACT FOR THEIR WINTER FUNDRAISING EVENT KNOWN AS JOLLY HOLIDAY LIGHTS. STAFF WORKED TO FIND A PATH FORWARD IN A SHORT TIME FRAME THAT WOULD ALLOW THEM TO STILL UTILIZE THE OTHER AGREEMENTS IN PLACE (SUCH AS THE LIGHTING LEASE) AND RAISE REVENUE FOR THE ORGANIZATION. FINANCIALLY IT WAS NOT A SUCCESSFUL FUNDRAISER. THIS ENDED THE EXTERNAL EVENT FUNDRAISER RUN BY MAKE-A-WISH IOWA.