2024-08-15T14:19:36-05:00 2023-09-30 953001179 WINDES INC PO BOX 87 LONG BEACH CA 90801 990 2022-10-01 952078512 THE WILLOWS FOUNDATION INC WILL 9495865220 23871 WILLOWS DRIVE LAGUNA HILLS CA 92653 DAVID STEPHEN DEWINDT EXECUTIVE DIRECTOR 9495865220 2024-08-14 1 1 AARON PHILLIPS P01654760 5624351191 2024-08-14 2022 2024-08-08 14:25:15Z DAVID STEPHEN DEWINDT 23871 WILLOWS DRIVE LAGUNA HILLS CA 92653 6022129 0 X WWW.THEWILLOWSCOMMUNITY.ORG X 1956 CA TO NURTURE A GRACE-LED COMMUNITY OF COMPASSIONATE AND FORWARD-THINKING CHRISTIAN SCIENTISTS DEDICATED TO BOUNDLESS SPIRITUAL GROWTH AND SERVICE. 7 6 46 6 0 0 2227248 703249 2766524 3213745 125374 147965 17558 75116 5136704 4140075 0 147656 0 0 2233283 2539844 0 0 11950 2162427 1946135 4395710 4633635 740994 -493560 8636869 8409216 600309 478607 8036560 7930609 THE WILLOWS' MISSION IS TO NURTURE A GRACE-LED COMMUNITY OF COMPASSIONATE AND FORWARD-THINKING CHRISTIAN SCIENTISTS DEDICATED TO BOUNDLESS SPIRITUAL GROWTH AND SERVICE. 0 0 3898120 147656 3213745 OPERATE HOMES FOR WORTHY AGED PERSONS WHO ARE MEMBERS OF THE CHRISTIAN SCIENCE DENOMINATION. 3898120 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 16 0 1 46 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 CA X BARBARA MAXWELL 9495865220 23871 WILLOWS DRIVE LAGUNA HILLS CA 92653 RICHARD CLARKE BOARD PRESIDENT 5.00 X X 7933 0 0 JOHN BRYANT BOARD SECRETARY (THRU 09/2023) 2.00 X X 0 0 0 TOM SEBRING BOARD SECRETARY (AS OF 03/2023) 2.00 X X 0 0 0 DOUG YEOMAN BOARD TREASURER 2.00 X X 0 0 0 DAVID COOK DIRECTOR 2.00 X 0 0 0 DORENE FORD DIRECTOR 2.00 X 0 0 0 ELIZABETH JONES DIRECTOR 2.00 X 0 0 0 JON T HERZER EXECUTIVE DIRECTOR (THRU 11/2022) 40.00 X 148883 0 0 DAN CRAIG FACILITIES DIRECTOR (INTERIM E.D.) 40.00 X 98996 0 0 DAVID STEPHEN DEWINDT EXECUTIVE DIRECTOR (AS OF 01/2023) 40.00 X 0 0 0 255812 0 0 1 0 0 0 JON COOLING CONSTRUCTION 22326 OROPEL MISSION VIEJO CA 92691 CONSTRUCTION 204941 TRANSPORTATION CONCEPTS 12 MAUCHLY BUILDING 1 IRVINE CA 92618 TRANSPORTATION PROVIDER 145646 QIS INC 28005 OREGON PLACE QUAIL VALLEY CA 92587 COMMUNICATION SERVICES 115074 3 X 327017 376232 703249 RENTAL INCOME 531390 2838252 2838252 FEES INCOME 900099 300873 300873 GUEST HOUSE RENTAL INCOME 531390 74620 74620 3213745 63646 63646 1966373 1882054 84319 84319 84319 REIMBURSEMENTS & W/OFF LIABILITIE 900099 57631 57631 SPECIAL INCOME 900099 9120 9120 OPERATIONS INCOME 900099 7022 7022 1343 1343 75116 4140075 3213745 0 223081 147656 147656 162793 162793 1881758 1679399 202359 30440 24958 5482 319787 209691 110096 145066 120190 24876 4575 4575 26297 26297 31988 31988 147547 147547 8907 8803 104 267781 243260 24521 452181 429572 22609 100324 95308 5016 REPAIRS & MAINTENANCE 382624 376871 5753 FOOD SERVICE EXPENSES 185308 185308 TRANSPORTATION EXPENSES 149186 149186 OTHER EXPENSES 110719 53550 45219 11950 78698 26821 51877 4633635 3898120 723565 11950 277003 388775 294177 70495 5023 12756 28657 33806 12917148 8190199 4682843 4726949 3349166 3176435 8636869 8409216 369636 241331 25644 17901 205029 219375 600309 478607 X 7854098 7735347 182462 195262 8036560 7930609 8636869 8409216 -493560 387609 0 X 0 1 X 1 0 X 129924 672786 1389702 2227248 703249 5122909 2812806 2618169 2603390 2766524 3213745 14014634 2942730 3290955 3993092 4993772 3916994 19137543 206 598595 905789 1823063 293264 3620917 0 206 598595 905789 1823063 293264 3620917 15516626 75081 49283 35845 46104 63646 269959 75081 49283 35845 46104 63646 269959 87352 24665 22231 17558 75116 226922 3105163 3364903 4051168 5057434 4055756 19634424 0.79030 0.75600 0.01370 0.01290 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OPERATIONS INCOME - 2018 AMOUNT: $ 79,452. 2019 AMOUNT: $ 16,719. 2020 AMOUNT: $ 16,753. 2022 AMOUNT: $ 7,022. OTHER INCOME - 2018 AMOUNT: $ 2,894. 2019 AMOUNT: $ 4,940. 2020 AMOUNT: $ 1,123. 2021 AMOUNT: $ 13,393. 2022 AMOUNT: $ 57,631. SPECIAL INCOME - 2018 AMOUNT: $ 3,772. 2019 AMOUNT: $ 1,898. 2020 AMOUNT: $ 3,258. 2021 AMOUNT: $ 3,656. 2022 AMOUNT: $ 9,120. MISCELLANEOUS - 2018 AMOUNT: $ 1,234. 2019 AMOUNT: $ 1,108. 2020 AMOUNT: $ 1,097. 2021 AMOUNT: $ 509. 2022 AMOUNT: $ 1,343. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 391153 391153 7598063 5051701 2546362 3770985 2987918 783067 1156947 150580 1006367 4726949 DEPOSITS 219375 219375 X 4495696 387609 387609 4108087 31988 31988 4140075 4601647 0 4601647 31988 31988 4633635 PART X, LINE 2: FIN 48: FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740, INCOME TAXES, REQUIRES MANAGEMENT TO EVALUATE THE TAX POSITIONS TAKEN BY THE FOUNDATION AND TO RECOGNIZE A TAX LIABILITY IF THE FOUNDATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION AND HAS CONCLUDED THAT, AS OF SEPTEMBER 30, 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY THE TAXING JURISDICTIONS. THE STATUTE OF LIMITATIONS FOR FEDERAL AND CALIFORNIA STATE PURPOSES IS GENERALLY THREE AND FOUR YEARS, RESPECTIVELY. 1 RENT/FEE REDUCTION 16 147656 PART I, LINE 2: THE ORGANIZATION DOES NOT MONITOR THE USE OF THE BENEVOLENCE FUNDS BECAUSE THE FUNDS ARE NOT DIRECTLY TRANSFERRED TO THE RESIDENT. RESIDENTS RECEIVE A CREDIT TOWARD THEIR RENT AND MEALS. RESIDENTS REQUESTING FINANCIAL HELP ARE REVIEWED ON A CASE-BY-CASE BASIS BY THE FINANCE DIRECTOR AND ASSISTANCE IS PROVIDED TO THOSE RESIDENTS WHOSE EXPENSES EXCEED THEIR INCOME AND WHERE THEY DO NOT HAVE SIGNIFICANT ASSETS TO OFFSET THEIR EXPENSES. AN ANNUAL REVIEW OF THE RESIDENT'S INCOME, EXPENSES, ASSETS AND LIABILITIES IS CONDUCTED TO DETERMINE WHETHER THE RESIDENT STILL NEEDS ASSISTANCE. FORM 990, PART VI, SECTION B, LINE 11B DESCRIBE THE PROCESS THE ORGANIZATION USES TO REVIEW FORM 990. A COPY OF FORM 990 IS DISTRIBUTED VIA EMAIL TO ALL BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C DESCRIBE THE PROCESS THE ORGANIZATION USES TO ENFORCE AND MONITOR COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY. UPON HIRE, AN EMPLOYEE REVIEWS AND SIGNS THE ATTACHED FORM INDICATING ANY POTENTIAL CONFLICT OF INTEREST. WHILE WE DON'T HAVE THIS RESIGNED EACH YEAR, WE DO REVIEW WITH ANY STAFF WHO MAY HAVE A CONFLICT OR POTENTIAL CONFLICT. OUR HR CONSULTANT GOES OVER THIS ANNUALLY AT AN EMPLOYEE MEETING SO STAFF ARE AWARE OF THIS POLICY AND IT IS IN OUR EMPLOYEE HANDBOOK. FORM 990, PART VI, SECTION B, LINE 15 DESCRIBE THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S OFFICERS OR KEY EMPLOYEES. THE ORGANIZATION WORKED WITH AN OUTSIDE CONSULTANT, WINNIE STROHMEYER, TO HELP WITH EXECUTIVE DIRECTOR COMPENSATION. SHE PROVIDED COMPARABLE DATA AND ASSISTED THE BOARD IN MAKING DECISIONS ABOUT THE EXECUTIVE DIRECTOR'S PAY. OUR OUTSIDE CONSULTANT, WINNIE STROHMEYER, ALSO ASSISTED THE ORGANIZATION IN PROVIDING COMPARABLE COMPENSATION DATA FOR ALL OF OUR EMPLOYEES WITHIN OUR ORGANIZATION TO ASSIST MANAGEMENT IN MAKING COMPENSATION DECISIONS. FORM 990, PART VI, SECTION C, LINE 19 DESCRIBE HOW THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. AVAILABLE UPON REQUEST. FORM 990, PART VIII, LINE 1E, EMPLOYEE RETENTION CREDITS: THE EMPLOYEE RETENTION CREDIT (ERC) WAS ENACTED IN MARCH 2020 BY THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY ACT (CARES ACT) AND AMENDED IN DECEMBER 2020, BY THE TAXPAYER CERTAINTY AND DISASTER TAX RELIEF ACT (TCDTR ACT). THE ERC IS A REFUNDABLE TAX CREDIT AGAINST CERTAIN EMPLOYMENT TAXES EQUAL TO 50% OF THE QUALIFIED WAGES AN ELIGIBLE EMPLOYER PAID EMPLOYEES IN CALENDAR YEAR 2020 (BETWEEN MARCH 2020 AND DECEMBER 2020) AND 70% OF THE QUALIFIED WAGES IN CALENDAR YEAR 2021 (BETWEEN JANUARY 2021 AND SEPTEMBER 2021). DURING THE YEARS ENDED SEPTEMBER 30, 2023 AND 2022, THE FOUNDATION RECOGNIZED $327,017 AND $287,263, RESPECTIVELY, OF REFUNDABLE EMPLOYEE RETENTION CREDITS CLAIMED UNDER PROVISIONS OF THE CARES ACT AND TCDTR ACT AS A SEPARATE ITEM OF SUPPORT IN THE ACCOMPANYING STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS.