2024-07-15T11:37:35-05:00 2023-08-31 410746749 CLIFTONLARSONALLEN LLP 20 EAST THOMAS ROAD SUITE 2300 PHOENIX AZ 85012 990 2022-09-01 581792140 MAKE-A-WISH FOUNDATION OF EASTERN NORTH CAROLINA MAKE 9198217111 3809 COMPUTER DRIVE 201 RALEIGH NC 27609 KRISTIE TAGG CHIEF EXECUTIVE OFFICER 9198217111 2024-07-13 1 KRISTIE TAGG XXX-XX-XXXX 1 MELISSA HANGSLEBEN P02087031 6022662248 2024-07-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KRISTIE TAGG 3809 COMPUTER DRIVE 201 RALEIGH NC 27609 3898055 0 X WWW.EASTNC.WISH.ORG X 1986 NC TOGETHER, WE CREATE LIFE-CHANGING WISHES FOR CHILDREN WITH CRITICAL ILLNESSES. 13 13 17 165 0 0 3140651 3707323 3150 2300 4144 21634 -37594 -353 3110351 3730904 1282889 2094208 0 0 1146759 1080015 0 0 486309 478764 625963 2908412 3800186 201939 -69282 1885936 1851761 321827 351537 1564109 1500224 X THE MAKE-A-WISH FOUNDATION OF EASTERN NORTH CAROLINA CREATES LIFE-CHANGING WISHES FOR CHILDREN WITH CRITICAL ILLNESS. 0 0 2893088 2094208 2300 SEE SCHEDULE O. 2893088 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 14 0 1 17 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 NC X X KRISTIE TAGG 9198217111 3809 COMPUTER DRIVE 201 RALEIGH NC 27609 CHRISTOPHER WINTER PRESIDENT & CEO (THRU 8/6/2023) 40.00 X 143549 0 17600 CHARLES WILLIAMS INTERIM CEO (BEGAN 8/6/2023) 40.00 X 0 0 0 MELISSA WESTON CHAIR 4.00 X X 0 0 0 JEFF DONAHOE VICE CHAIR 1.00 X X 0 0 0 LEBONE MOSES VICE CHAIR (THRU 8/2023) 4.00 X X 0 0 0 MICHAEL ZUBER TREASURER (THRU 1/2023) 1.00 X X 0 0 0 DEB WALTZ SECRETARY 2.00 X X 0 0 0 KRISTEN KOCH DIRECTOR 1.00 X 0 0 0 SARAH JOYCE DIRECTOR 1.00 X 0 0 0 CHRIS REAP DIRECTOR 1.00 X 0 0 0 ED GEORGE DIRECTOR 1.00 X 0 0 0 GRACIELA RACARO DIRECTOR 1.00 X 0 0 0 JOE STALLINGS DIRECTOR 1.00 X 0 0 0 KEVIN HUDSON DIRECTOR 1.00 X 0 0 0 LINDA SIRGO DIRECTOR 1.00 X 0 0 0 RASHAWN KING DIRECTOR 1.00 X 0 0 0 TRACY SANDERS DIRECTOR 1.00 X 0 0 0 CHARLES WILLIAMS DIRECTOR (LEFT 8/15/23) 1.00 X 0 0 0 143549 0 17600 1 0 1 0 0 650873 158653 2897797 663440 3707323 WISH ASSIST FEES 900099 2300 2300 2300 16569 16569 8287 3222 5065 5065 5065 154576 650873 163929 -9353 -9353 9000 0 9000 9000 3730904 2300 0 21281 420000 420000 1674208 1674208 393461 195194 82847 115420 500491 248240 105414 146837 10093 5007 2125 2961 82498 40894 17391 24213 93472 46456 19629 27387 14269 14269 73087 73087 2617 617 2000 9145 9145 55468 10704 25373 19391 26260 7750 4441 14069 102699 50174 22102 30423 26568 3878 9812 12878 37062 35 4768 32259 565 281 119 165 6706 3333 1408 1965 CHAPTER DUES 267049 186934 37387 42728 MERCHANT FEES 4068 4068 MEMBERSHIP DUES 400 400 3800186 2893088 420789 486309 1079453 724898 441171 22864 145750 231120 11136 12777 10809 14484 97239 59557 107199 98818 8300 8381 444579 92078 333101 1885936 1851761 152118 98114 169709 253423 321827 351537 X 1411868 1339731 152241 160493 1564109 1500224 1885936 1851761 -69282 -3714 9111 0 X 0 1 X 1 0 X 3343920 2322705 2350008 3140651 3707323 14864607 3343920 2322705 2350008 3140651 3707323 14864607 222238 14642369 4501 4804 374 1325 16569 27573 300591 57585 9465 231940 163576 763157 15655337 10950 0.93530 0.92010 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS FUNDRAISING REVENUE - 2018 AMOUNT: $ 300,591. 2019 AMOUNT: $ 57,585. 2020 AMOUNT: $ 2,205. 2021 AMOUNT: $ 231,940. 2022 AMOUNT: $ 154,576. GROSS GAMING REVENUE - 2018 AMOUNT: $ 0. 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 9,000. OTHER REVENUE - 2018 AMOUNT: $ 0. 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 7,260. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8762 8762 0 98437 90056 8381 8381 DUE FROM NATIONAL 108010 DUE FROM OTHER CHAPTERS 17078 SECURITY DEPOSITS 8000 RIGHT-OF-USE ASSETS - OPERATING 187755 RIGHT-OF-USE ASSETS - FINANCE 12258 333101 DUE TO NATIONAL 4555 DUE TO OTHER CHAPTERS 29047 LEASE LIABILITY - OPERATING 206968 LEASE LIABILITY - FINANCING 12853 253423 X 4019975 -3714 283432 279718 3740257 -9353 -9353 3730904 4083860 274321 9353 283674 3800186 0 3800186 PART X, LINE 2: THE FOUNDATION IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME AND NORTH CAROLINA INCOME OR FRANCHISE TAXES UNDER THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(3) AND CHAPTER 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, 2023 AND 2022. THE FOUNDATION FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION, AND APPLICABLE STATE JURISDICTIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES RECLASSED TO THE STATEMENT OF REVENUE FROM THE STATEMENT OF FUNCTIONAL EXPENSES -9,353. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES RECLASSED TO THE STATEMENT OF REVENUE FROM THE STATEMENT OF FUNCTIONAL EXPENSES 9,353. GALA 401558 310699 90859 5785 45011 31799 12177 WISH UPON A CHEF 254991 197382 57609 14275 7000 7359 3750 25254 4 148900 142792 6108 256 280 1061 9922 805449 650873 154576 20316 52291 8420 35549 47353 163929 -9353 1 MAKE-A-WISH FOUNDATION OF AMERICA 1702 E HIGHLAND AVE SUITE 400 PHOENIX AZ 85016 860481941 501(C)(3) 420000 0 WISH FULFILLMENT FUND 1 0 WISHES GRANTED 180 242058 1432150 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 X X 0 0 0 0 0 0 0 1 0 CHRISTOPHER WINTER PRESIDENT & CEO (THRU 8/6/2023) 141323 0 1000 0 1226 0 4524 0 13076 0 161149 0 0 0 PART I, LINE 7 BONUSES ARE BASED ON PERFORMANCE AND DETERMINED BY THE BOARD. X 2 8353 FMV X WISH RELATED 241 655087 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 EASTERN NORTH CAROLINA GRANTED 180 LIFE-CHANGING WISHES IN THE FISCAL YEAR ENDING AUGUST 31, 2023. THE TOTAL COST OF WISHES GRANTED FOR THE FISCAL YEAR WAS $3,167,409. OF THIS AMOUNT, $274,320 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 CHIEF EXECUTIVE OFFICER AND ACTING 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. AT THE REQUEST OF DONORS, THE DONORS' NAMES AND ADDRESSES WERE REDACTED ON SCHEDULE B BEFORE THE FINAL 990 WAS SHOWN TO THE BOARD OF DIRECTORS. ALL INFORMATION ON THE COMPLETED 990 WAS GIVEN TO THE BOARD WITH THE EXCEPTION OF THESE DONORS' NAMES AND ADDRESSES. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION ADOPTED A "STATEMENT OF VALUES, CODE OF ETHICS AND CONFLICT OF INTEREST POLICY" WITH WHICH ALL OFFICERS, DIRECTORS, EMPLOYEES AND VOLUNTEERS ARE REQUIRED TO COMPLY AND ACKNOWLEDGE BY SIGNING, UPON THEIR INITIAL INVOLVEMENT WITH THE ORGANIZATION AND ANNUALLY THEREAFTER, AN "ANNUAL CONFLICT OF INTEREST AND ETHICS ASSURANCE STATEMENT" (THE 'COI STATEMENT'). THE COI STATEMENT REQUIRES OFFICERS, DIRECTORS AND KEY EMPLOYEES TO DISCLOSE THE EXISTENCE OF ANY FAMILY AND/OR BUSINESS RELATIONSHIPS THEY MAY HAVE WITH OTHER OFFICERS, DIRECTORS OR KEY EMPLOYEES OF THE ORGANIZATION. THE CEO OF THE CHAPTER IS CHARGED WITH ENSURING THE COI STATEMENT AND ADDENDUM ARE SIGNED EACH YEAR BY DIRECTORS, OFFICERS AND KEY EMPLOYEES. REVIEW OF THE STATEMENTS IS MONITORED BY THE CEO. IF ANY COVERED PERSON DISCLOSES A POTENTIAL OR ACTUAL CONFLICT, THE FOLLOWING PROCEDURE IS FOLLOWED (1) THE CONFLICTING INTEREST IS FULLY DISCLOSED TO THE BOARD, (2) THE COVERED PERSON RESPONDS TO ANY FACTUAL QUESTIONS FROM THE BOARD RELATED TO THE DISCLOSED CONFLICT, AND (3) THE BOARD, WITHOUT THE COVERED PERSON, DISCUSSES THE CONFLICT AND APPROVES OR DISAPPROVES THE PROPOSED TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE OF THE BOARD, COMPRISED SOLELY OF INDEPENDENT DIRECTORS, NONE OF WHOM HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT, WAS ACCOUNTABLE FOR SETTING A REASONABLE COMPENSATION PACKAGE FOR THE CEO. THE EXECUTIVE COMMITTEE ALSO DEVELOPED, CONSISTENT WITH THE ORGANIZATION'S PHILOSOPHY AND PRINCIPLES, THE ANNUAL PERFORMANCE GOALS AND CRITERIA TO BE USED IN DETERMINING VARIABLE COMPENSATION CRITERIA FOR OFFICERS AND OTHER EMPLOYEES. APPROPRIATE COMPARABILITY DATA WAS OBTAINED FROM THE CONSULTANT, I.E., TOTAL ECONOMIC BENEFITS PAID BY SIMILARLY STATED ORGANIZATIONS (BOTH TAXABLE AND TAX-EXEMPT) FOR SIMILAR JOB RESPONSIBILITIES. THE ORGANIZATION ALSO GATHERED BENCHMARKING DATA RELEVANT TO OFFICERS AND OTHER EMPLOYEES FROM COMPARABLE NATIONAL NONPROFIT ORGANIZATIONS AND THE OVERALL MARKETPLACE. THE BOARD AND COMMITTEE DISCUSSIONS AND DECISIONS WERE CONTEMPORANEOUSLY DOCUMENTED, INCLUDING THE TERMS OF THE TRANSACTION AND THE DATE APPROVED, THE MEMBERS OF THE COMMITTEE PRESENT FOR THE DELIBERATIONS AND WHO VOTED, AND THE DESCRIPTION OF THE COMPARABILITY DATA AND HOW IT WAS OBTAINED. ADDITIONALLY, THE BOARD ASSEMBLED A HIRING COMMITTEE WHICH PROVIDED INPUT, ALONG WITH THE SAGENCY RECRUITMENT FIRM, TO THE COMPENSATION PACKAGE APPROPRIATE TO HIRE A NEW CEO IN FY2023-24. 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. THIS PROCESS WAS LAST PERFORMED DURING FISCAL 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.