2024-05-13T14:31:06-05:00 2023-06-30 561304727 BLACKMAN & SLOOP CPAS PA 1414 RALEIGH ROAD SUITE 300 CHAPEL HILL NC 27517 990 2022-07-01 561572087 FRANKIE LEMMON FOUNDATION INC FRAN 9198458880 3101 POPLARWOOD COURT SUITE 100 RALEIGH NC 27604 MARSHA HARGETTE EXECUTIVE DIRECTOR 9198458880 2024-05-09 1 MARSHA HARGETTE 999009999 0 DEETRA B WATSON P00534544 9199428700 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z MARSHA HARGETTE 3101 POPLARWOOD CT SUITE 100 RALEIGH NC 27604 7237712 0 X WWW.FRANKIELEMMONSCHOOL.ORG X 1987 NC FUNDRAISING TO SUPPORT THE FRANKIE LEMMON SCHOOL & DEVELOPMENTAL CENTER OPERATIONS. 21 21 8 480 0 0 2980925 3148935 0 0 212365 300072 -170171 -119537 3023119 3329470 900000 1775000 0 0 563578 590525 0 0 599098 246476 364718 1710054 2730243 1313065 599227 6622579 7710550 13463 190838 6609116 7519712 X THE FRANKIE LEMMON FOUNDATION WAS ESTABLISHED FOR THE SOLE PURPOSE OF SUPPORTING THE FRANKIE LEMMON SCHOOL AND DEVELOPMENTAL CENTER. ONLY A PORTION OF THE SCHOOL'S TOTAL OPERATING COSTS ARE COVERED BY STATE FUNDING THROUGH THE WAKE COUNTY PUBLIC SCHOOL SYSTEM. THE FRANKIE LEMMON FOUNDATION, THROUGH ITS FUNDRAISING EFFORTS, PROVIDES MOST OF THE FUNDS NEEDED TO SUPPORT THE SCHOOL. THE FOUNDATION IS THE ORGANIZER OF THE TRIANGLE WINE & FOOD EXPERIENCE, ONE OF THE AREA'S MOST SUCCESSFUL FUNDRAISING EVENTS. THE SUCCESS OF THIS EVENT HAS BEEN THE CATALYST FOR LAYING THE GROUNDWORK TO INCREASE THE NUMBER OF CHILDREN SERVED BY THE FRANKIE LEMMON SCHOOL AND DEVELOPMENTAL CENTER. THE SCHOOL ALSO SERVES TYPICALLY DEVELOPING CHILDREN WHO PAY TUITION TO ATTEND. 0 0 1806446 1775000 THROUGH FUNDRAISING EVENTS AND ANNUAL CAMPAIGN CONTRIBUTIONS, THE FOUNDATION'S MISSION IS TO SUPPORT THE FRANKIE LEMMON SCHOOL & DEVELOPMENTAL CENTER. THE FRANKIE LEMMON SCHOOL & DEVELOPMENTAL CENTER PROVIDES EDUCATION FOR CHILDREN WITH DEVELOPMENTAL DISABILITIES AND DELAYS IN AN INCLUSIVE SETTING. THE SCHOOL HAS THE CAPACITY TO SERVE UP TO 100 CHILDREN. DURING THE CURRENT FISCAL YEAR, THE NUMBER OF CHILDREN ENROLLED REQUIRING ADDITIONAL ATTENTION DUE TO THEIR COMPLEX MEDICAL AND DEVELOPMENTAL ISSUES INCREASED RESULTING IN A REDUCTION IN THE TOTAL STUDENTS ADMITTED DURING THE FISCAL YEAR. ALTHOUGH THE MAJORITY OF CHILDREN SERVED HAVE SPECIAL NEEDS, THE SCHOOL DOES SERVE DEVELOPING CHILDREN AS WELL. SERVICES PROVIDED INCLUDE SPEECH AND LANGUAGE THERAPY, OCCUPATIONAL THERAPY, PHYSICAL THERAPY, AND VISION AND HEARING SERVICES, WHICH ARE CUSTOMIZED FOR EACH CHILD. 1806446 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 1 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 0 0 0 1 41 0 1 8 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 21 21 1 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 1 0 0 NC X X PETER EKENSTIERNA 9198458880 3101 POPLARWOOD CT SUITE 100 RALEIGH NC 27604 PAUL HART BOARD MEMBER 0.50 0.50 X 0 0 0 TREY BAILEY BOARD MEMBER 0.50 0.50 X 0 0 0 AMY BRITT BOARD MEMBER 0.50 0.50 X 0 0 0 ANGELA BUCHANAN BOARD MEMBER 0.50 0.50 X 0 0 0 ETTA LONG BOARD MEMBER 0.50 0.50 X 0 0 0 ADAM DERBYSHIRE BOARD MEMBER 0.50 0.50 X 0 0 0 COLLEEN DIMITRY BOARD MEMBER 0.50 0.50 X 0 0 0 BARRY GARDNER BOARD MEMBER 0.50 0.50 X 0 0 0 LILLY HARRIS MD BOARD MEMBER 0.50 0.50 X 0 0 0 EMILY HODGES BOARD MEMBER 0.50 0.50 X 0 0 0 DAVID MCGOWAN BOARD MEMBER 0.50 0.50 X 0 0 0 LEE PRYOR BOARD MEMBER 0.50 0.50 X 0 0 0 JANET SELLERS BOARD MEMBER TO 6/20/23 0.50 0.50 X 0 0 0 MICHAEL THOMAS BOARD MEMBER 0.50 0.50 X 0 0 0 DOUG WARF BOARD MEMBER 0.50 0.50 X 0 0 0 PAUL WARREN BOARD MEMBER 0.50 0.50 X 0 0 0 JUDGE VINCE ROZIER BOARD MEMBER 0.50 0.50 X 0 0 0 MARTHA DERBYSHIRE SECRETARY 0.50 0.50 X X 0 0 0 MEREDITH KEYES TREASURER/ FINANCE COMMITTEE CHAIR 0.50 0.50 X X 0 0 0 JOE PATTERSON BOARD CHAIR 0.50 0.50 X X 0 0 0 ALAN HUGHES BOARD VICE CHAIR 0.50 0.50 X X 0 0 0 MIKE KRICK FINANCE DIRECTOR FROM 5/1/22 - 4/30/23 30.00 10.00 X 61600 0 0 MARSHA HARGETTE EXECUTIVE DIRECTOR 30.00 10.00 X 135881 0 6695 PETE EKENSTIERNA FINANGE MANAGER FROM 5/1/23 30.00 10.00 X 0 0 0 197481 0 6695 1 0 0 0 CAPITAL PRODUCTION GROUP LLC 151 SIGMA DRIVE GARNER NC 27529 EVENT PLANNING 103965 1 2291676 857259 109951 3148935 141890 141890 3383009 3224827 158182 158182 158182 469123 2291676 683415 -214292 -214292 94755 0 94755 94755 3329470 0 0 180535 1775000 1775000 258131 8707 127534 121890 258887 12514 63143 183230 4708 226 1143 3339 35857 1755 8824 25278 32942 1614 8113 23215 43858 43858 50933 25745 25188 53537 2016 22495 29026 68431 3353 16854 48224 36199 36199 2158 105 532 1521 9593 469 2363 6761 BANK FEES 85973 638 85335 MISCELLANEOUS 10965 537 2701 7727 TRAINING 3071 150 756 2165 2730243 1806446 324699 599098 6768 355 1904396 646494 50000 185925 134943 34187 54864 3786 1663 24527 16741 9944 7786 4395581 6605072 77820 83494 4172 125879 6622579 7710550 13463 65981 0 124857 13463 190838 X 6344482 7387581 264634 132131 6609116 7519712 6622579 7710550 X 599227 311969 -600 X X 0 1 X 1 0 X X 1 FRANKIE LEMMON SCHOOL & DEVELOPMENT CENTER INC 560931467 2 1 1775000 0 1 1775000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13824 13824 13824 13824 13824 13824 13824 13824 13824 13824 1.00000 0 0 9552 7923 1629 14975 8818 6157 7786 OPERATING LEASE LIABILITY 124857 124857 3597581 311969 311969 3285612 43858 43858 3329470 2686985 600 600 2686385 43858 43858 2730243 PART XII, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT EXPENSE 600. PART V, LINE 4 ENDOWMENT FUNDS ARE MAINTAINED IN INVESTMENTS FOR THE PURPOSES OF STUDENT ACTIVITES. TRIANGLE WINE AND FOOD EXPERIENCE 2416734 2416734 189239 389357 GOLF TOURNAMENT 92250 92250 11480 7439 6 251815 251815 5477 80421 2760799 2760799 5477 11480 189239 80421 396796 683413 -683413 94755 0 94755 94755 NC 1 0 1 0 1.00000 PETER EKENSTEIRNA 3101 POPLARWOOD CT SUITE 100 RALEIGH NC 27604 0 0 PART III THE FOUNDATION CONDUCTS RAFFLES WHEREBY PEOPLE ARE ABLE TO PURCHASE TICKETS TO WIN WINE THAT WAS DONATED TO THE ORGANIZATION. THESE FUNDS ARE USED TO SUPPORT FRANKIE LEMMON SCHOOL AND DEVELOPMENT CENTER, INC. 1 FRANKIE LEMMON SCHOOL & DEVELOPMENTAL CENTER 3311 CARL SANDBURG CT RALEIGH NC 27610 560931467 501(C)(3) 1775000 0 TO FUND THE OPERATION OF THE SCHOOL. 1 0 PART I, LINE 2: THE FRANKIE LEMMON FOUNDATION HAS THE SAME BOARD OF DIRECTORS AS THE FRANKIE LEMMON SCHOOL AND DEVELOPMENTAL CENTER. THE BOARD APPROVES BOTH THE FOUNDATION'S BUDGET AND THE SCHOOL'S BUDGET. THE ANNUAL TRANSFER FROM THE FOUNDATION TO THE SCHOOL IS BASED ON THE DEFICIT THE SCHOOL HAS BEFORE THE TRANSFER. NO ONGOING MONITORING AS GRANTS ARE BASED ON COMMITTEE OR BOARD APPROVAL. MIKE KRICK FATHER OF BOARD MEMBER 84000 CONTRACT DIRECTOR OF FINANCE FROM 5/1/22-4/30/23 0 X 10 89274 FMV X MISC ITEMS FOR AUCTION 0 20677 FMV 0 0 1 PART I, LINE 32B: DONATIONS OF SECURITIES. THE ORGANIZATION HAS AN INVESTMENT ACCOUNT WITH SCHWAB, WHO PROCESSES STOCK DONATIONS. FORM 990, PART VI, SECTION A, LINE 2 MARTHA AND ADAM DERBYSHIRE ARE BOARD MEMBERS AND THE DAUGHTER AND SON-IN-LAW OF MIKE KRICK. MIKE SERVED AS THE INTERIM FINANCE DIRECTOR FROM MAY 1, 2022 TO APRIL 30, 2023. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS MADE AVAILABLE TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE AND APPROVED BY THE BOARD TREASURER AND EXECUTIVE DIRECTOR BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12 ALTHOUGH THE ORGANIZATION DOES NOT CONSISTENTLY MONITOR POTENTIAL CONFLICTS OF INTEREST THROUGHOUT THE YEAR, OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANY SUCH CONFLICTS SHOULD THEY ARISE. THIS REQUIREMENT IS PART OF THE OVERALL CONFLICT OF INTEREST POLICY, WHICH IS SIGNED ANNUALLY. IF SUCH A DISCLOSURE IS MADE, THE BOARD DETERMINES WHETHER OR NOT A CONFLICT EXISTS, AND VOTES (BY QUORUM DETERMINED BY A MAJORITY) TO AUTHORIZE OR REJECT THE TRANSACTION. ANY TRANSACTION ENTERED INTO WITHOUT THIS PROCESS IS RENDERED VOID. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD REVIEWS THE EXECUTIVE DIRECTOR'S SALARY ANNUALLY USING COMPARABILITY DATA SUCH AS THE ASSOCIATION OF FUNDRAISING PROFESSIONALS' SALARY SURVEY. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE AT THE FOUNDATION'S OFFICE BY REQUEST. FORM 990, PART XI, LINE 9: BAD DEBT EXPENSE -600. FORM 990. PARTXII, LINE 2C THE FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR THE SELECTION OF THE AUDIT FIRM AND OVERSIGHT OF THE AUDIT. THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. FRANKIE LEMMON SCHOOL & DEVELOPMENTAL CENTER 3311 CARL SANDBURG CT RALEIGH NC 27601 560931467 PROVIDES EDUCATION, ADVOCACY, AND SUPPORT TO SPECIAL NEEDS CHILDREN. NC 501(C)(3) LINE 2 0 0 1 0 1 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 FRANKIE LEMMON SCHOOL AND DEVELOPMENT CENTER B 1775000 CASH PAID FRANKIE LEMMON SCHOOL AND DEVELOPMENT CENTER M 74782 CASH PAID FRANKIE LEMMON SCHOOL AND DEVELOPMENT CENTER S 59918 ACCRUED EXPENSES