2025-05-09T09:56:03-05:00 2024-08-31 410746749 CLIFTONLARSONALLEN LLP 20 EAST THOMAS ROAD SUITE 2300 PHOENIX AZ 85012 990 2023-09-01 561492432 MAKE-A-WISH FOUNDATION OF CENTRAL AND WESTERN NORTH CAROLINA INC MAKE 7043390334 6324 FAIRVIEW ROAD 500 CHARLOTTE NC 28210 TODD NUNN BOARD TREASURER 7043390334 2025-05-08 1 1 JACQUELINE ECKMAN P01300648 6022662248 2025-05-08 2023 2025-03-06 01:10:19Z KATHERINE JETTON 6324 FAIRVIEW ROAD 500 CHARLOTTE NC 28210 12261777 0 X WWW.NC.WISH.ORG X 1985 NC TOGETHER, WE CREATE LIFE-CHANGING WISHES FOR CHILDREN WITH CRITICAL ILLNESSES. 20 20 29 137 0 0 7066875 6863377 1500 234000 347744 2342326 -135315 -98746 7280804 9340957 4108113 3720340 0 0 2208449 2236419 0 0 967659 991801 1270946 7308363 7227705 -27559 2113252 9741852 11516045 2121725 931295 7620127 10584750 X TOGETHER, WE CREATE LIFE-CHANGING WISHES FOR CHILDREN WITH CRITICAL ILLNESSES. 0 0 5477035 3720340 234000 SEE SCHEDULE O. 5477035 1 1 0 0 0 0 0 0 0 0 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 14 0 1 29 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NC X X KATIE KOCINA 7043390334 6324 FAIRVIEW ROAD 500 CHARLOTTE NC 28210 KATHERINE JETTON PRESIDENT & CEO 40.00 X 211684 0 14889 JACQUELINE HOWELLS SVP FINANCE AND OPERATIONS 40.00 X 122338 0 11512 MEREDITH MORRIS VP OF PROGRAM SERVICES 40.00 X 118227 0 11388 STEVE BARUCH CHAIR 2.00 X X 0 0 0 TIMITRA HILDEBRAND-JONES GOVERNANCE CHAIR 2.00 X X 0 0 0 WENDY BARNES VICE CHAIR 2.00 X X 0 0 0 GLENN TYNAN TREASURER 2.00 X X 0 0 0 TERRI ZANDHUIS SECRETARY 2.00 X X 0 0 0 ABHISHEK RATANI DIRECTOR 1.00 X 0 0 0 ALISA STARBUCK DIRECTOR 1.00 X 0 0 0 AMANDA WILLIAMS DIRECTOR 1.00 X 0 0 0 ANGELA CUMMINGS DIRECTOR 1.00 X 0 0 0 CATHERINE OHMSTEDE DIRECTOR 1.00 X 0 0 0 JAY KATZEN DIRECTOR 1.00 X 0 0 0 JEFF ROSS DIRECTOR 1.00 X 0 0 0 KARL DOERRE DIRECTOR 1.00 X 0 0 0 LEIGHA SMITH DIRECTOR 1.00 X 0 0 0 MATTHEW JOHNSON DIRECTOR 1.00 X 0 0 0 TED HARRINGTON DIRECTOR 1.00 X 0 0 0 THERESA MCCLUSKEY DIRECTOR 1.00 X 0 0 0 TODD NUNN DIRECTOR 1.00 X 0 0 0 VANESSA HEISKELL DIRECTOR 1.00 X 0 0 0 WILL MANNING DIRECTOR 1.00 X 0 0 0 452249 0 37789 3 0 1 0 DOERRE CONSTUCTION CO LLC 2459 WILKINSON BLVD 210 CHARLOTTE NC 28208 CONSTRUCTION SERVICES 502496 1 44375 3060350 3758652 1140101 6863377 WISH RELIEF 900099 234000 234000 234000 228543 228543 315691 4000000 318339 1883569 -2648 2116431 2113783 2113783 583129 3060350 718912 -135783 -135783 OTHER INCOME 900099 37037 37037 37037 9340957 234000 0 2243580 3720340 3720340 657256 357764 138662 160830 1292062 704581 270744 316737 30256 15005 8505 6746 114974 62681 24115 28178 141871 77320 29793 34758 86533 86533 25136 25136 82841 22391 27828 32622 12895 12895 77817 25095 25743 26979 60462 6189 14709 39564 19532 10051 4963 4518 15162 394 12272 2496 14699 2106 6624 5969 3303 1800 694 809 122774 66911 25783 30080 252 137 53 62 CHAPTER DUES 577529 404270 80854 92405 BAD DEBT EXPENSE 170000 170000 MERCHANT FEES 2011 2011 7227705 5477035 783011 967659 380106 623894 3972101 342440 1364530 1451948 68351 89575 5712 35215 92899 224554 697050 150413 2215674 546637 1499359 8039604 143120 162178 9741852 11516045 807030 757858 12344 50397 1154461 147890 123040 2121725 931295 X 6303203 9143686 1316924 1441064 7620127 10584750 9741852 11516045 2113252 990111 -138740 0 X 0 1 X 1 0 X 3744108 3583789 5925530 7066875 6863377 27183679 3744108 3583789 5925530 7066875 6863377 27183679 27183679 43361 32000 68357 162734 228543 534995 334718 107915 429308 677523 620166 2169630 29888304 236550 0.90950 0.91890 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS FUNDRAISING REVENUE - 2019 AMOUNT: $ 276,638. 2020 AMOUNT: $ 94,199. 2021 AMOUNT: $ 417,100. 2022 AMOUNT: $ 671,624. 2023 AMOUNT: $ 583,129. GROSS GAMING REVENUE - 2019 AMOUNT: $ 39,580. OTHER REVENUE - 2019 AMOUNT: $ 18,500. 2020 AMOUNT: $ 13,716. 2021 AMOUNT: $ 12,208. 2022 AMOUNT: $ 5,899. 2023 AMOUNT: $ 37,037. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 565749 84750 480999 131301 65663 65638 546637 DUE TO NATIONAL 14021 DUE TO OTHER CHAPTERS 91442 LEASE LIABILITY - FINANCING 17577 123040 X 11304506 990111 862791 1852902 9451604 25136 -135783 -110647 9340957 8339883 1001531 135783 1137314 7202569 25136 25136 7227705 PART X, LINE 2: THE FOUNDATION IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME AND NORTH CAROLINA INCOME TAXES UNDER THE PROVISIONS OF INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3) AND SECTION 55A OF THE GENERAL STATUTES OF NORTH CAROLINA. 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 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES MOVED TO THE STATEMENT OF REVENUE FROM THE FUNCTIONAL EXPENSE STATEMENT -135,783. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES MOVED TO THE STATEMENT OF REVENUE FROM THE FUNCTIONAL EXPENSE STATEMENT 135,783. WISH BALL CHARLOTTE 2153853 1766326 387527 9221 200200 97332 28118 93276 TRAILBLAZE CHALLENGE SPRING 425580 342418 83162 1816 14272 16836 455 102750 20 1064046 951606 112440 1500 6180 48056 29165 14182 55553 3643479 3060350 583129 1500 17217 262528 143333 42755 251579 718912 -135783 1 WISHES GRANTED 416 559647 3160693 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 X 0 0 0 0 0 0 0 1 0 KATHERINE JETTON PRESIDENT & CEO 173684 0 38000 0 0 0 6947 0 7942 0 226573 0 0 0 PART I, LINE 7 BONUSES ARE BASED ON BOARD DISCRETION. X WISH RELATED 685 1088035 FMV X SPECIAL EVENTS 15 52066 FMV 0 0 1 0 PART I, COLUMN (B): THE AMOUNT IN COLUMN (B) REPRESENTS 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 CENTRAL AND WESTERN NORTH CAROLINA, INC. GRANTED 416 LIFE CHANGING WISHES IN THE FISCAL YEAR ENDING AUGUST 31, 2024. THE TOTAL COST OF WISHES GRANTED FOR THE FISCAL YEAR WAS $6,247,931. OF THIS AMOUNT, $770,896 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 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 B, LINE 11B THE FOUNDATION WORKS WITH AN INDEPENDENT PUBLIC ACCOUNTING FIRM TO PREPARE THE FORM 990. THE DRAFT FORM 990 IS THEN REVIEWED BY THE FOUNDATION'S PRESIDENT & CEO AND TREASURER. THE RETURN WILL THEN BE PRESENTED TO THE FINANCE COMMITTEE FOR THEIR REVIEW. PENDING APPROVAL, THE FORM 990 WILL THEN BE 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 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 TOP OFFICIAL MERIT INCREASES AND THE OVERALL COMPENSATION FOR THE PRESIDENT/CEO IS APPROVED BY THE EXECUTIVE COMMITTEE. IT IS REVIEWED AGAINST NATIONAL BENCHMARKING SALARY STUDIES, SURVEYS DONE EVERY FEW YEARS BY MAKE-A-WISH FOUNDATION OF AMERICA, AND BY LOCAL SALARY SURVEYS CONDUCTED BY STATE ORGANIZATIONS AND BY NATIONAL BENCHMARKING ORGANIZATIONS. THE BOARD'S DISCUSSIONS 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. SALARIES FOR STAFF OTHER THAN THE TOP MANAGEMENT OFFICIALS ARE DECIDED BY THE CEO IN CONSULTATION WITH THE EMPLOYEES' IMMEDIATE SUPERVISOR WITHIN LIMITS SET BY THE BOARD-APPROVED BUDGET. ALL SALARY INCREASES ARE BASED ON METRICS FROM PERFORMANCE REVIEWS AND COMPARED TO SALARY RANGES FOR SIMILAR POSITIONS AT OTHER MAKE-A-WISH CHAPTERS. THIS PROCESS WAS LAST PERFORMED IN FISCAL 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.