2024-10-03T14:45:01-05:00 2023-06-30 742186400 VACEK KIECKE & COLMENERO LLP 901 S MOPAC EXPY BLDG III 410 AUSTIN TX 78746 990 2022-07-01 743012982 WONDERS & WORRIES INC WOND 5123295757 9101 BURNET ROAD 205 AUSTIN TX 78758 ALEX GABBI EXECUTIVE DIRECTOR 5123295757 2024-09-04 1 0 ROBERT B SHEPHERD P01607984 5124722464 2024-08-09 2022 2024-10-15 13:58:12Z X ALEX GABBI 9101 BURNET ROAD 205 AUSTIN TX 78758 2005911 0 X WONDERSANDWORRIES.ORG X 2001 TX PROVIDE FREE PROFESSIONAL SUPPORT FOR CHILDREN AND TEENAGERS DURING PARENT'S SERIOUS ILLNESS. 20 20 26 150 0 0 1337157 1283328 26017 15249 7276 10353 567723 419935 1938173 1728865 0 0 0 0 1029495 1361826 0 0 398019 531099 562087 1560594 1923913 377579 -195048 1576556 1344996 225709 188929 1350847 1156067 X PROVIDE FREE PROFESSIONAL SUPPORT FOR CHILDREN AND TEENAGERS DURING PARENT'S SERIOUS ILLNESS. 0 0 1380254 15249 PROVIDED APPROXIMATELY 5,023 THERAPEUTIC ENCOUNTERS OF AGE APPROPRIATE UNDERSTANDING OF ILLNESSES, TREATMENTS AND SIDE EFFECTS, PROVIDED AN ENVIRONMENT TO OPENLY EXPRESS FEELINGS ABOUT CHANGES IN THE FAMILY, AND HELPED DEVELOP COPING SKILLS. 1380254 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 28 0 1 26 1 0 0 0 0 1 1 1 1 0 0 0 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 X ALEX GABBI 5123295757 9101 BURNET ROAD NO 205 AUSTIN TX 78758 ANU CHADHA BOARD MEMBER 2.00 X 0 0 0 BRENT METSCHAN PRESIDENT 6.00 X X 0 0 0 BRIAN CORNELIUS BOARD MEMBER 2.00 X 0 0 0 CULLEN ATCHISON BOARD MEMBER 2.00 X 0 0 0 HELEN ESHED BOARD MEMBER 2.00 X 0 0 0 HILLARY MACDOUGALL BOARD MEMBER 2.00 X 0 0 0 JIM WEINSTEIN TREASURER 2.00 X X 0 0 0 JOHN GILLIS VICE PRESIDENT 2.00 X X 0 0 0 JOHN LEBOWITZ BOARD MEMBER 2.00 X 0 0 0 KEVIN HINES BOARD MEMBER 2.00 X 0 0 0 KRISTEN JAROS BOARD MEMBER 2.00 X 0 0 0 LINDSEY BOYD BOARD MEMBER 2.00 X 0 0 0 LIZ WEEKS BOARD MEMBER 2.00 X 0 0 0 MEGHAN MOONEY BOARD MEMBER 2.00 X 0 0 0 MELISSA HICKS EX-OFFICIO BOARD MEMBER 2.00 X 0 0 0 MELISSA SYKES BOARD MEMBER 2.00 X 0 0 0 MEREDITH COOPER EX-OFFICIO BOARD MEMBER 2.00 X 0 0 0 NICOLE JULIAN BOARD MEMBER 2.00 X 0 0 0 ROSS BUCHHOLTZ BOARD MEMBER 2.00 X 0 0 0 STEVE GOLDSMITH BOARD MEMBER 2.00 X 0 0 0 KATE TINDALL BOARD MEMBER 2.00 X 0 0 0 ALEX GABBI EXECUTIVE DIRECTOR 40.00 X 90800 0 0 90800 0 0 0 0 0 0 0 X 361320 922008 214215 1283328 PROFESSIONAL EDUCATION 900099 15249 15249 15249 9739 9739 614 0 614 614 614 411430 361320 257261 154169 154169 283795 19785 264010 264010 65 0 65 65 MISCELLANEOUS 900099 1691 1691 1691 1728865 15249 0 430288 X 101831 91647 5092 5092 1142157 823411 80106 238640 39277 20482 5567 13228 78561 41429 13953 23179 140 140 19456 19456 218464 136756 4886 76822 20536 15070 245 5221 56388 29912 4162 22314 37548 33299 556 3693 112594 103586 3378 5630 5116 5000 116 2034 2034 31154 31154 9298 3533 5765 PROGRAM ACTIVITIES 39421 39421 FOOD & BEVERAGE 7338 5414 440 1484 BAD DEBT 2600 2600 1923913 1380254 145640 398019 481141 292279 674826 594456 273300 320800 9458 14005 172196 135527 56256 36669 78266 83478 3309 3309 1576556 1344996 73026 100702 34543 45550 118140 42677 225709 188929 X 969047 750567 381800 405500 1350847 1156067 1576556 1344996 X -195048 268 0 X 0 1 X 1 0 X 1291753 1697429 1325014 1337157 1283328 6934681 1291753 1697429 1325014 1337157 1283328 6934681 6934681 7167 11311 8369 8738 9739 45324 942 2653 1050 1579 1691 7915 6987920 705443 0.99240 0.94000 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2018 AMOUNT: $ 942. 2019 AMOUNT: $ 2,653. 2020 AMOUNT: $ 1,050. 2021 AMOUNT: $ 1,579. 2022 AMOUNT: $ 1,691. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 78266 6128 916 83478 86470 -7342 862 78266 57751 8500 20954 735 86470 49187 10000 -855 581 57751 46764 2932 509 49187 0.42180 0.57820 0 0 3380 3380 0 168816 132147 36669 36669 FUNDS HELD FOR OTHERS 42677 42677 X 1859156 268 130024 130292 1728864 0 1728864 2053937 130024 130024 1923913 0 1923913 PART X, LINE 2: THE MOST SIGNIFICANT TAX POSITIONS OF WONDERS & WORRIES ARE ITS ASSERTION THAT IT IS EXEMPT FROM INCOME TAXES AND ITS DETERMINATION OF WHETHER ANY AMOUNTS ARE SUBJECT TO UNRELATED BUSINESS INCOME TAX (UBIT). MANAGEMENT HAS DETERMINED THAT WONDERS & WORRIES HAD NO ACTIVITIES SUBJECT TO UBIT DURING THE FISCAL YEARS ENDED JUNE 30, 2022, 2021 AND 2020. ALL SIGNIFICANT TAX POSITIONS HAVE BEEN CONSIDERED BY MANAGEMENT AND IT HAS DETERMINED THAT IT IS MORE LIKELY THAN NOT THAT ALL TAX POSITIONS WOULD BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. PART V, LINE 4: THE WONDERS & WORRIES GENERAL OPERATING SUPPORT ENDOWMENT FUND WAS SET UP WITH AUSTIN COMMUNITY FOUNDATION (ACF) TO PROVIDE SUPPORT TO WONDERS & WORRIES BY RECEIVING, INVESTING, AND MANAGING CONTRIBUTIONS RECEIVED BY THE ENDOWMENT FUND. THE ENDOWMENT FUND IS A QUASI-ENDOWED FUND. ITS ASSETS ARE IRREVOCABLY HELD BY ACF AND IT IS DESIGNED TO PRESERVE THE GIFT IN PERPETUITY, SO ONLY THE AVAILABLE TO GRANT AMOUNT CAN BE USED FOR DISTRIBUTION. DISTRIBUTIONS WILL NOT TAKE PLACE UNTIL THE ENDOWMENT FUND HAS A TOTAL VALUE OF $500,000. ORDINARY DISTRIBUTIONS TO WONDERS & WORRIES SHALL BE ONCE PER CALENDAR YEAR UP TO 5% OF THE MARKET VALUE OF THE ENDOWMENT FUND. DISTRIBUTIONS ABOVE 5% OF THE MARKET VALUE OF THE ENDOWMENT FUND WILL ONLY TAKE PLACE IN EXTRAORDINARY CIRCUMSTANCES AND ONLY AFTER RECOMMENDATION BY THE FINANCE COMMITTEE AND APPROVAL BY A 3/4 VOTE OF THE TOTAL NUMBER OF BOARD MEMBERS. WHEN WONDERS & WORRIES HAS A CONSISTENT 3-6 MONTHS RESERVE OF OPERATING CASH, THE QUASI-ENDOWED FUND WILL BE MOVED TO AN ENDOWED FUND. ENVISION GALA 528999 285899 243100 36660 64528 58206 34624 NO WORRIES CLASSIC 206503 74003 132500 14662 8372 2213 20106 9311 1 37248 1418 35830 0 2375 2041 1192 2971 772750 361320 411430 51322 10747 68782 79504 46906 257261 154169 283795 19785 1 1.00000 283795 19785 19785 264010 TX 0 UNDER THE CHARITABLE RAFFLE ENABLING ACT, THE STATE OF TEXAS ALLOWS TAX-EXEMPT ORGANIZATIONS TO CONDUCT UP TO FOUR RAFFLES PER YEAR WITHOUT REGISTERING WITH THE STATE. 0 0 0 1.00000 ALEX GABBI 9101 BURNET ROAD STE 205 AUSTIN TX 78758 0 0 X 23415 ESTIMATED RETAIL VALUE X 13 14437 ESTIMATED RETAIL VALUE X 1 500 ESTIMATED RETAIL VALUE X TRAVEL 5 28565 ESTIMATED RETAIL VAL X ENTERTAINMENT 16 10116 ESTIMATED RETAIL VAL X ANIMAL 5 5812 ESTIMATED RETAIL VAL X GIFT CARDS 22 5130 ESTIMATED RETAIL VAL X PROFESSIONAL SERVICES 2 3700 ESTIMATED RETAIL VAL 0 0 0 990, PART I, LINES 1, 11, 15, AND 17 DUE TO THE COMPLICATED NATURE OF THE ORGANIZATION'S OPERATIONS, AUDITED FINANCIALS WERE UNAVAILABLE UNTIL ONLY A FEW DAYS BEFORE THE EXTENDED DEADLINE. A GOOD FAITH EFFORT WAS MADE TO PROPERLY REPORT SUCH FINANCIAL DATA. HOWEVER, IT CONTAINED A FEW MISCHARACTERIZATIONS OF ITEMS. THIS AMENDED RETURN FIXES ALL SUCH ISSUES. FOR ONE, THE RETURN AS ORIGINALLY FILED REFLECTED $1,582,664 OF CONTRIBUTIONS AND GRANTS WHEN IT SHOULD HAVE BEEN ONLY $1,283,328. THE RETURN AS ORIGINALLY FILED SHOWED ONLY $58,507 OF OTHER REVENUE WHEN IT SHOULD HAVE BEEN $419,935.THE RETURN AS FILED SHOWED $1,299,736 OF SALARIES AND COMPENSATION WHEN IT SHOULD HAVE BEEN $1,361,826. THE RETURN AS FILED SHOWED $692,109 OF OTHER EXPENSES WHEN IT SHOULD HAVE BEEN ONLY $562,087. 990, PART III, LINE 4A DUE TO THE COMPLICATED NATURE OF THE ORGANIZATION'S OPERATIONS, AUDITED FINANCIALS WERE UNAVAILABLE UNTIL ONLY A FEW DAYS BEFORE THE EXTENDED DEADLINE. A GOOD FAITH EFFORT WAS MADE TO PROPERLY REPORT SUCH FINANCIAL DATA. HOWEVER, IT CONTAINED A FEW MISCHARACTERIZATIONS OF ITEMS. ON FORM 990, PART III, TOTAL PROGRAM EXPENSES WERE REFLECTED AS $1,462,906 WHEN IT SHOULD HAVE BEEN $1,380,254. THIS AMENDED RETURN CORRECTS THIS ISSUE. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR AND EXECUTIVE COMMITTEE REVIEWED THE FORM 990 AND ASSOCIATED SCHEDULES PRIOR TO FILING. A COPY IS THEN SENT TO THE BOARD OF DIRECTORS AFTER FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS MONITOR THE CONFLICT OF INTEREST POLICY AT EACH BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS REVEWS THE EXECUTIVE DIRECTOR'S COMPENSATION ANNUALLY. THE PRESIDENT REVIEWS COMPARABILITY DATA ON BENEFITS AND COMPENSATION AND DISCUSSES ANY INCREASES. THE COMPENSATION SUGGESTION IS THEN APPROVED BY THE EXECUTIVE COMMITTEE AND THEN THE BOARD OF DIRECTORS. THE EXECUTIVE DIRECTOR REVIEWS KEY EMPLOYEE SALARIES AS DETERMINED FOR THE UPCOMING BUDGET YEAR AND PRESENTS A BUDGET TO THE EXECUTIVE COMMITTEE. COMMENTS AND QUESTIONS ARE TAKEN FOR DISCUSSION. ANY ADJUSTMENTS ARE MADE AND IN THE FOLLOWING MONTH THE FINAL BUDGET IS PRESENTED TO THE BOARD FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VIII, LINES 1C, 1F, 1G, 8A, 8B, 9A, AND 9B DUE TO THE COMPLICATED NATURE OF THE ORGANIZATION'S OPERATIONS, AUDITED FINANCIALS WERE UNAVAILABLE UNTIL ONLY A FEW DAYS BEFORE THE EXTENDED DEADLINE. A GOOD FAITH EFFORT WAS MADE TO PROPERLY REPORT SUCH FINANCIAL DATA. HOWEVER, IT CONTAINED A FEW MISCHARACTERIZATIONS OF ITEMS. ON FORM 990, PART VIII, TOTAL FUNDRAISING EVENT INCOME WAS ORIGINALLY REPORTED AS $460,506 WHEN IT SHOULD HAVE BEEN $361,320. THE RETURN AS ORIGINALLY FILED ALSO REPORTED ALL OTHER CONTRIBUTIONS AS $1,122,158 WHEN IT SHOULD HAVE BEEN $922,008. IT ALSO REPORTED NON-CASH CONTRIBUTIONS AS $130,042 WHEN THEY SHOULD HAVE BEEN $214,333. ON LINE 8A, GROSS INCOME FROM FUNDRAISING EXCLUDING FUNDRAISING EVENTS WAS REPORTED AS $406, 556 WHEN IT SHOULD HAVE BEEN $411,430. DIRECT EXPENSES ON LINE 8B WERE REPORTED AS $318,944 WHEN THEY SHOULD HAVE BEEN REPORTED AS $257,261. GROSS INCOME FROM GAMING ACTIVITIES WAS REPORTED AS $40,295 WHEN IT SHOULD HAVE BEEN $283,795. DIRECT EXPENSES FROM GAMING ACTIVITIES WAS REPORTED AS $71,106 WHEN IT SHOULD HAVE BEEN $19,785. THIS AMENDED RETURN CORRECTLY REVISES ALL OF THE FOREGOING ITEMS. FORM 990, PART IX, LINE 11G CONSULTANTS: PROGRAM SERVICE EXPENSES 32,158. MANAGEMENT AND GENERAL EXPENSES 2,386. FUNDRAISING EXPENSES 17,799. TOTAL EXPENSES 52,343. CONTRACT LABOR: PROGRAM SERVICE EXPENSES 104,598. MANAGEMENT AND GENERAL EXPENSES 2,500. FUNDRAISING EXPENSES 59,023. TOTAL EXPENSES 166,121. FORM 990, PART IX, LINES 7, 14, AND 24 DUE TO THE COMPLICATED NATURE OF THE ORGANIZATION'S OPERATIONS, AUDITED FINANCIALS WERE UNAVAILABLE UNTIL ONLY A FEW DAYS BEFORE THE EXTENDED DEADLINE. A GOOD FAITH EFFORT WAS MADE TO PROPERLY REPORT SUCH FINANCIAL DATA. HOWEVER, IT CONTAINED A FEW MISCHARACTERIZATIONS OF ITEMS. ON FORM 990, PART IX, OTHER SALARIES AND WAGES WERE REPORTED AS $1,080,067 WHEN THEY SHOYLD HAVE BEEN $1,142,157. INFORMATION TECHNOLOGY EXPENSE WAS REPORTED AS $37,547 WHEN IT SHOULD HAVE BEEN $37,548. THE RETURN AS ORIGINALLY FILED INCLUDED $130,024 OF IN-KIND EXPENSE BUT THERE WAS NO IN-KIND EXPENSE TO REPORT FOR THIS LINE. THE AMENDED RETURN CORRECTLY REVISES ALL OF THE FOREGOING ITEMS. FORM 990, PART XI, LINES 1 AND 2 DUE TO THE OTHER REVISIONS MADE WITH THIS AMENDED FILING, THE AMOUNTS REPORTED ON LINES 1 AND 2 OF PART XI WERE REVISED ACCORDINGLY.