2024-05-09T13:00:42-05:00 2023-08-31 410746749 CLIFTONLARSONALLEN LLP 20 EAST THOMAS ROAD SUITE 2300 PHOENIX AZ 85012 990 2022-09-01 341471131 MAKE-A-WISH FOUNDATION OF OH KY & IN MAKE 6149230555 2545 FARMERS DRIVE 300 COLUMBUS OH 43235 STEPHANIE MCCORMICK CHIEF EXECUTIVE OFFICER 6149230555 2024-05-08 1 STEPHANIE MCCORMICK 999009999 1 MELISSA HANGSLEBEN P02087031 6022662248 2024-05-07 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z STEPHANIE MCCORMICK 2545 FARMERS DRIVE 300 COLUMBUS OH 43235 22054599 0 X OKI.WISH.ORG X 1983 OH CREATES LIFE-CHANGING WISHES FOR CHILDREN WITH CRITICAL ILLNESSES. 20 20 88 725 0 0 17011129 18816250 4950 7500 230731 241610 249126 281515 17495936 19346875 8110891 11715961 0 0 5628540 6139348 0 0 2469698 2891687 2836973 16631118 20692282 864818 -1345407 15633328 15713308 1359848 2625102 14273480 13088206 THE MAKE-A-WISH FOUNDATION OF OHIO, KENTUCKY, & INDIANA CREATES LIFE-CHANGING WISHES FOR CHILDREN WITH CRITICAL ILLNESSES. 0 0 15212775 11715961 7500 IN FISCAL YEAR 2023, 1,205 HEARTFELT WISHES WERE GRANTED TO CHILDREN IN OHIO, KENTUCKY & INDIANA AND SINCE INCEPTION IN 1983, A TOTAL OF 20,371 WISHES HAVE BEEN GRANTED. TOTAL WISHES GRANTED FOR THE FISCAL YEAR WERE $13,771,119. OF THIS AMOUNT, $2,115,158 WAS CONTRIBUTED BY VARIOUS VENDORS AND 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 CONTRIBUTIONS REVENUE AND GRANTED WISH EXPENSE. FOR FORM 990, HOWEVER, THE IRS REQUIRES THAT THE $2,115,158 OF CONTRIBUTED SERVICES AND USE OF FACILITIES BE EXCLUDED FROM BOTH REVENUE AND EXPENSE. 15212775 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 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 88 0 1 88 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 1 0 IN KY OH X X RUSSELL BETTS 6149230555 2545 FARMERS DRIVE 300 COLUMBUS OH 43235 STEPHANIE MCCORMICK CHIEF EXECUTIVE OFFICER 40.00 X 305454 0 13739 RUSSELL BETTS CHIEF OPERATING OFFICER 40.00 X 180999 0 13004 JULIANNE MILLER CHIEF MISSION OFFICER 40.00 X 181142 0 5787 KERI HAIBACH CHIEF ADVANCEMENT OFFICER 40.00 X 131311 0 14896 SOPHIA MORTON SENIOR DIRECTOR OF MISSION DISCOVERY 40.00 X 117588 0 5684 WENDY MARRONI VICE PRESIDENT HUMAN RESOURCES 40.00 X 116683 0 11309 AMY NELSON VICE PRESIDENT MARKET ADVANCEMENT 40.00 X 108849 0 15496 CHRISTINA TAYLOR SENIOR DIRECTOR OF FINANCE 40.00 X 103085 0 3823 DAVID PAYNE CHAIR 2.00 X X 0 0 0 KARA TROTT VICE CHAIR 2.00 X X 0 0 0 BARBARA HESS SECRETARY 2.00 X X 0 0 0 JEFF MCFARLAND TREASURER 2.00 X X 0 0 0 THOMAS WILLIAMS DIRECTOR 2.00 X 0 0 0 LEE HEFFNER DIRECTOR 2.00 X 0 0 0 JEFF WILKINSON DIRECTOR 2.00 X 0 0 0 BRIAN HODGES DIRECTOR 2.00 X 0 0 0 PAUL HAUT DIRECTOR 2.00 X 0 0 0 PHIL ECKENRODE DIRECTOR 2.00 X 0 0 0 JESSICA NICKLOY DIRECTOR 2.00 X 0 0 0 ALESSANDRO CIAFFONCINI DIRECTOR 2.00 X 0 0 0 FRANK GALLUCCI DIRECTOR 2.00 X 0 0 0 ERIKA JURRENS DIRECTOR 2.00 X 0 0 0 DUCJESS ADJEI DIRECTOR 2.00 X 0 0 0 DAVID BASTOS DIRECTOR 2.00 X 0 0 0 DAVE HOOPER DIRECTOR 2.00 X 0 0 0 BRENT WOOD DIRECTOR 2.00 X 0 0 0 BRENT BAHNUB DIRECTOR 2.00 X 0 0 0 GRANT MITCHELL DIRECTOR 2.00 X 0 0 0 1245111 0 83738 8 0 1 0 0 40362 2633863 451559 15690466 4161557 18816250 WISH ASSIST FEES 900099 7500 7500 7500 168072 168072 1842493 1768832 123 73661 -123 73538 73538 984954 2633863 933316 51638 51638 235330 5453 229877 229877 19346875 7500 0 523125 60000 60000 11655961 11655961 871913 279012 496991 95910 4302775 1624313 1598202 1080260 57458 20861 22712 13885 515241 208363 163589 143289 391961 145396 153681 92884 15368 15368 11730 11730 9384 9384 131174 62370 13524 55280 2516 564 529 1423 495874 129977 146044 219853 458911 171663 163421 123827 132135 41308 12998 77829 159555 16370 15377 127808 54499 20568 19656 14275 CHAPTER DUES 1074460 752122 150424 171914 MISCELLANEOUS EXPENSES 237552 23927 16179 197446 BAD DEBT EXPENSE 53815 53815 20692282 15212775 3009809 2469698 2153582 2041813 3778309 3989404 131251 146614 15835 6793 1023385 611981 693531 567986 116512 125545 7507688 6167672 906766 2623486 15633328 15713308 922163 677397 194583 64942 243102 1882763 1359848 2625102 X 10372909 7555324 3900571 5532882 14273480 13088206 15633328 15713308 X -1345407 208421 -55801 7513 X 0 1 X 1 0 X 14199123 15211547 13222051 17011129 18816250 78460100 14199123 15211547 13222051 17011129 18816250 78460100 1584773 76875327 98266 67587 52322 90147 168072 476394 786957 312632 517459 751306 1220284 3588638 82525132 26600 0.93150 0.93270 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS FUNDRAISING REVENUE - 2018 AMOUNT: $ 699,876. 2019 AMOUNT: $ 288,579. 2020 AMOUNT: $ 470,728. 2021 AMOUNT: $ 488,852. 2022 AMOUNT: $ 984,954. GROSS GAMING REVENUE - 2018 AMOUNT: $ 46,516. 2019 AMOUNT: $ 3,210. 2020 AMOUNT: $ 31,930. 2021 AMOUNT: $ 240,557. 2022 AMOUNT: $ 235,330. OTHER REVENUE - 2018 AMOUNT: $ 40,565. 2019 AMOUNT: $ 20,843. 2020 AMOUNT: $ 14,801. 2021 AMOUNT: $ 21,897. 2022 AMOUNT: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7623609 444819 1507724 6560704 8797726 -1159143 14974 7623609 7636743 150000 1025764 14781 8797726 5398067 2500000 552821 14145 800000 7636743 5308507 99188 9628 5398067 0.82480 0.09670 0.07850 0 0 83557 63257 20300 425575 344483 81092 184399 160246 24153 125545 SECURITY DEPOSITS 10298 SPLIT INTEREST AGREEMENTS 134417 BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 430265 DUE FROM NATIONAL 356814 DUE FROM OTHER CHAPTERS 24191 RIGHT-OF-USE ASSET: OPERATING 1578012 RIGHT-OF-USE ASSET: FINANCING 89489 2623486 DUE TO OTHER CHAPTERS 162344 DUE TO NATIONAL 5931 LEASE LIABILITY: OPERATING 1624999 LEASE LIABILITY: FINANCING 89489 1882763 X 21651969 208421 2089160 7513 2305094 19346875 0 19346875 22837243 2144961 2144961 20692282 0 20692282 PART V, LINE 4: PERMANENTLY RESTRICTED ENDOWMENT FUND INCOME IS AVAILABLE TO GRANT WISHES, PER THE DONOR'S INTENT. THE BOARD RESTRICTED FUNDS ARE MEANT TO PROVIDE SUPPORT AND LONG-TERM STABILITY TO OUR MISSION. UNDER NORMAL CIRCUMSTANCES, ANNUAL WITHDRAWALS WILL BE MADE TO SUPPLEMENT WISHES IN AN AMOUNT UP TO 3% OF THE PRIOR THREE YEAR'S AVERAGE MARKET VALUE. THE BOARD MAY, AT ITS DISCRETION, APPROVE ADDITIONAL DISTRIBUTIONS IN ANY GIVEN YEAR. PER OUR INVESTMENT POLICY, ADDITIONAL DISTRIBUTIONS WILL BE STRONGLY CONSIDERED WHENEVER OUR WISH BACKLOG APPROACHES 10-12 MONTHS. SUCH ADDITIONAL DISTRIBUTIONS MUST BE APPROVED BY A 2/3 VOTE OF THE GOVERNANCE BOARD. PART X, LINE 2: THE FOUNDATION IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME AND OHIO TAXES UNDER THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(3) AND SECTION 5733.01 OF OHIO REVISED 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, 2023 AND 2022. 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 7,513. NORTHEAST OHIO GALA 422830 110180 312650 65000 31638 11113 15692 CENTRAL OHIO GALA 396412 63557 332855 118344 18529 6775 27 2799575 2460126 339449 79526 277272 88434 220993 3618817 2633863 984954 144526 427254 118076 243460 933316 51638 235330 5453 1 1.00000 235330 5453 5453 229877 OH KY IN 1 0 1 0 0.00000 1.00000 RUSSELL BETTS 2545 FARMERS DIVE SUITE 300 COLUMBUS OH 43235 0 RUSSELL BETTS 0 PROVIDES OVERSIGHT FOR RECORD KEEPING AND COMPLIANCE X 0 1 MAKE-A-WISH FOUNDATION OF AMERICA 1702 E HIGHLAND AVENUE PHOENIX AZ 85016 860481941 501(C)(3) 60000 0 WISH FULFILLMENT FUND 1 0 WISHES GRANTED 1205 1827454 9828507 FMV TRAVEL COSTS, MEALS, ENTERTAINMENT, AND SUPPLIES PART I, LINE 2: MAKE-A-WISH OHIO, KENTUCKY, AND INDIANA DOES NOT PROVIDE CASH GRANTS TO INDIVIDUALS, BUT RATHER GRANTS WISHES TO SELECTED BENEFICIARIES THAT MEET THE SPECIFIC CRITERIA FOR THE WISH GRANTING PROGRAM. THE ORGANIZATION ALLOCATES FUNDS DIRECTLY TO THE VENDORS FOR THE WISH EXPENSES WITH THE EXCEPTION OF TRAVEL STIPENDS (I.E. MEALS, TIPS, GAS, ETC.) FROM A STANDARDIZED WISH BUDGET. THERE IS A DELEGATION OF AUTHORITY THAT DEFINES WHO APPROVES THE WISH EXPENSE BASED ON THE TYPE OF WISH AND THE CASH COST OF THE WISH. LARGE OR UNUSUAL EXPENDITURES ARE APPROVED BY THE WISH COMMITTEE OF THE BOARD OF DIRECTORS. THE SUPPORTING WISH EXPENSE DOCUMENTATION (I.E. INVOICES AND STATEMENTS) IS RETAINED BY THE ORGANIZATION AND THE BOARD OF DIRECTORS AS NEEDED. X 1 1 X X X X 0 0 0 0 0 0 0 1 0 STEPHANIE MCCORMICK CHIEF EXECUTIVE OFFICER 242753 0 45667 0 17034 0 8190 0 5549 0 319193 0 0 0 RUSSELL BETTS CHIEF OPERATING OFFICER 164019 0 16300 0 680 0 1745 0 11259 0 194003 0 0 0 JULIANNE MILLER CHIEF MISSION OFFICER 164362 0 16300 0 480 0 5787 0 0 0 186929 0 0 0 PART I, LINE 1A STEPHANIE MCCORMICK, CEO, RECEIVES A HOUSING ALLOWANCE. PART I, LINE 7 THE GOVERNING BOARD APPROVED AN INCENTIVE PLAN FOR ALL EMPLOYEES OF THE ORGANIZATION. IT IS BASED ON ACHIEVING PREDETERMINED GOALS IN THREE AREAS (WISHES GRANTED, CASH EXPENSES, AND ADVANCEMENT REVENUES). AN INCENTIVE WAS PAID OUT TO THE PRESIDENT/CEO AS A RESULT OF THE CHAPTER ACHIEVING THE PREDEFINED GOALS. X 11 125252 COST/SELLING PRICE X WISH ITEMS 967 3928446 COST/SELLING PRICE X OTHER 3 107859 COST/ SELLING PRICE 0 0 1 0 PART I, COLUMN (B): COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL BE COMPOSED OF THE CHAIRMAN OF THE BOARD, THE CHAIRMAN-ELECT, THE SECRETARY, THE TREASURER, AND THE CHAIRS OF THE MISSION DELIVERY, ADVANCEMENT, FINANCE, AND GOVERNANCE AND COMPENSATION COMMITTEES. WHEN THE BOARD IS NOT IN SESSION, THE EXECUTIVE COMMITTEE SHALL HAVE AND EXERCISE THE POWER AND AUTHORITY OF THE BOARD TO TRANSACT ALL REGULAR BUSINESS OF THE CHAPTER, SUBJECT TO ANY PRIOR LIMITATIONS IMPOSED BY THE GOVERNING BOARD, THE ARTICLES OR THESE BYLAWS OR BY STATUTE. THE EXECUTIVE COMMITTEE SHALL ALSO COORDINATE THE RECOMMENDATIONS AMONG THE OTHER BOARD COMMITTEES. THE EXECUTIVE COMMITTEE SHALL REVIEW AND ORGANIZE INFORMATION PERTINENT TO MATTERS TO BE PRESENTED AT FUTURE MEETINGS OF THE BOARD IN ORDER TO UTILIZE MORE EFFECTIVELY THE DISCUSSION TIME AT SUCH FUTURE MEETINGS. THE EXECUTIVE COMMITTEE SHALL HAVE THE AUTHORITY AND RESPONSIBILITY TO SET STANDARDS FOR, REVIEW AND MAKE RECOMMENDATIONS TO THE BOARD REGARDING THE PERFORMANCE, COMPENSATION AND TERMS OF EMPLOYMENT OF THE PRESIDENT AND CHIEF EXECUTIVE OFFICER OF THE CHAPTER. THE EXECUTIVE COMMITTEE SHALL HAVE NO AUTHORITY TO TAKE ANY OF THE FOLLOWING ACTIONS: (1) AGREE TO ANY UNBUDGETED CAPITAL EXPENDITURE IN EXCESS OF $100,000.00; (2) FILL VACANCIES ON THE BOARD OR ANY BOARD COMMITTEE; (3) AMEND OR REPEAL THE CHAPTER'S ARTICLES OR BYLAWS; (4) AMEND OR REPEAL ANY RESOLUTION PASSED BY THE BOARD; (5) TAKE ACTIONS ON ANY MATTERS WHICH, UNDER APPLICABLE LAW OR UNDER THE CHAPTER'S ARTICLES, BYLAWS, OR PREVIOUS RESOLUTIONS OF THE BOARD, ARE COMMITTED TO THE ENTIRE BOARD OR TO ANOTHER COMMITTEE OF THE BOARD OR ANY CONTRARY TO ESTABLISHED POLICIES AND EXPRESSED DESIRES OF THE BOARD; (6) TAKE SUCH OTHER ACTION THE BOARD MAY IN ADVANCE DETERMINE SHALL NOT BE WITHIN THE PREROGATIVE OF THE EXECUTIVE COMMITTEE WITHOUT FURTHER CONSULTATION AND APPROVAL OF THE BOARD; AND (7) TAKE ANY ACTION WHICH WOULD BE DEEMED AS NOT IN THE ORDINARY COURSE OF THE CHAPTER'S BUSINESS. THE EXECUTIVE COMMITTEE SHALL ALSO PERFORM SUCH OTHER DUTIES AS THE BOARD MAY FROM TIME TO TIME DETERMINE. (8) THE EXECUTIVE COMMITTEE CAN APPROVE THE CHAPTER'S OPERATING BUDGET, BUT THE FULL GOVERNING BOARD MUST VOTE TO APPROVE THE BUDGET AT ITS NEXT SCHEDULED MEETING, OR A SPECIAL MEETING CAN BE CALLED. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS HAS DELEGATED THE PRIMARY REVIEW OF THE FORM 990 TO THE FINANCE COMMITTEE. THE ORGANIZATION'S COO AND SENIOR DIRECTOR OF FINANCE WORKED CLOSELY WITH AN OUTSIDE ACCOUNTING FIRM TO PREPARE AND ENSURE ACCURACY OF THE FORM 990. THE FORM 990 WAS REVIEWED BY THE PRESIDENT/CHIEF EXECUTIVE OFFICER PRIOR TO IT BEING PROVIDED TO THE FINANCE COMMITTEE. EACH MEMBER OF THE BOARD OF DIRECTORS WAS PROVIDED A COMPLETE COPY OF THE FORM 990 PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C 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 AND VP OF HR ARE CHARGED WITH ENSURING THE COI STATEMENTS & ADDENDUM ARE SIGNED EACH YEAR BY DIRECTORS, OFFICERS AND KEY EMPLOYEES. IF ANY COVERED PERSON DISCLOSES A POTENTIAL OR ACTUAL CONFLICT, THE FOLLOWING PROCEDURE IS ALLOWED: 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 15 FOR FISCAL 2023 COMPENSATION, THE PRESIDENT/CEO'S COMPENSATION WAS DETERMINED BY THE GOVERNANCE & COMPENSATION COMMITTEE OF THE BOARD, CONSISTING OF INDEPENDENT PERSONS. IT WAS REVIEWED AGAINST NATIONAL BENCHMARKING SALARY STUDIES, SURVEYS DONE EVERY FEW YEARS, AND BY LOCAL SALARY SURVEYS CONDUCTED BY STATE ORGANIZATIONS AND BY NATIONAL BENCHMARKING ORGANIZATIONS. THE BOARD'S DISCUSSIONS AND DECISIONS WERE CONTEMPORANEOUSLY DOCUMENTED. THE DOCUMENTATION OF THE DECISION INCLUDES A) THE TERMS OF THE TRANSACTION THAT WAS APPROVED AND THE DATE IT WAS APPROVED; B) THE MEMBERS OF THE COMMITTEE WHO WERE PRESENT DURING DEBATE ON THE TRANSACTION THAT WAS APPROVED AND THOSE WHO VOTED ON IT; AND C) THE COMPARABILITY DATA OBTAINED AND RELIED UPON BY THE COMMITTEE AND HOW THE DATA WAS OBTAINED. FORM 990, PART VI, SECTION B, LINE 15B: AS PART OF THE ANNUAL PERFORMANCE EVALUATION PROCESS, THE PRESIDENT/CEO DETERMINES SALARY INCREASES, IF ANY, FOR THE OTHER OFFICERS AND KEY EMPLOYEES. THESE SALARY RECOMMENDATIONS ARE BASED UPON EMPLOYEE PERFORMANCE, CHAPTER FINANCIAL PERFORMANCE, AND COMPARISON AGAINST NATIONAL BENCHMARKING SALARY STUDIES. THE INDEPENDENT GOVERNANCE & COMPENSATION COMMITTEE OF THE BOARD RATIFIES ANY SALARY INCREASES. ADDITIONALLY, AS PART OF THE ANNUAL BUDGET SETTING PROCESS, THE PRESIDENT/CEO DISCUSSES ANY COMPENSATION CHANGES WITH THE BOARD. THE BOARD APPROVES THE OVERALL SALARY BUDGET FOR THE CHAPTER. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO MEMBERS OF THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN SPLIT-INTEREST AGREEMENTS 7,513.