2024-11-27T15:44:42-06:00 2023-12-31 814277254 KHA ACCOUNTANTS PLLC 4880 LONG PRAIRIE ROAD SUITE 100 FLOWER MOUND TX 75028 990 2023-01-01 455242323 NAOMI'S VILLAGE INC NAOM 2147782995 6008 BLUE SPRUCE LANE MCKINNEY TX 75070 LOREEN KAYLOR EXECUTIVE DIRECTOR 2147782995 2024-11-27 1 0 CYNTHIA GRIECO P00643849 9722212500 2024-11-27 2023 2024-10-15 13:58:12Z 6008 BLUE SPRUCE LANE MCKINNEY TX 75070 2729675 0 1 X WWW.NAOMISVILLAGE.ORG X 2012 TX TO RAISE OPHANS TO ADULTHOOD WITH MAXIMUM EDUCATIONAL, LEADERSHIP AND SPIRITUAL TRAINING IN ORDER THAT THEY BECOME EQUIPPED TO DO SIMILAR CHARITABLE WORK FOR THE POOR IN THEIR COMMUNITY. 11 11 10 170 0 0 2111397 2312945 31650 124895 17296 60806 0 0 2160343 2498646 1642299 2226303 0 0 452625 440671 0 0 37779 198842 272491 2293766 2939465 -133423 -440819 795322 338341 11192 20453 784130 317888 TO RESCUE KENYAN ORPHANS FROM POVERTY AND DISEASE, TO PROVIDE FOR THEM A SAFE, LOVING NUTURING HOME THAT IS CHRIST CENTERED IN ITS VALUES, COUNSELING, TEACHING AND DISCIPLINARY APPROACH. 0 0 2226303 2226303 CHILDREN'S PROGRAMS: TO RESCUE KENYAN ORPHANS FROM POVERTY AND DISEASE. TO PROVIDE FOR THEM A SAFE, LOVING NURTURING HOME THAT IS CHRIST CENTERED IN ITS VALUES, COUNSELING, TEACHING AND DISCIPLINARY APPROACH. 339627 129895 VOLUNTEER PROGRAM: NAOMI'S VILLAGE SUPPORTED INTERNATIONAL MISSIONARIES SERVING AT NAOMI'S VILLAGE IN MAAI MAHIU, KENYA. THE VOLUNTEER PROGRAM FUNDS PROVIDED FOR THE ROOM, BOARD AND TRAVEL OF THE MISSIONARIES WHO SUPPORTED NAOMI'S VILLAGE OUTREACH PROGRAMS AND UNDERTAKINGS. THE VOLUNTEERS PROGRAM LASTS FOR ONE TO TWO WEEKS AND THE INTERNSHIP PROGRAM LASTS SIX TO EIGHT WEEKS. 2565930 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 10 1 0 0 0 0 0 0 0 0 0 0 X 11 11 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 1 1 1 0 0 X LOREEN KAYLOR 2147782995 6008 BLUE SPRUCE LANE MCKINNEY TX 75070 RYAN ROSS CHAIRMAN 2.00 X 0 0 0 JULIE H MENDONSA SECRETARY 2.00 X 50000 0 0 ROBERT MENDONSA PRESIDENT 2.00 X 70000 0 0 TODD LIDDELL TREASURER 2.00 X 0 0 0 LEI WANG DIRECTOR 2.00 X 0 0 0 SUZANNE MCCLUSKEY DIRECTOR 2.00 X 0 0 0 ROB COOK DIRECTOR 2.00 X 0 0 0 ROSS TRAVIS DIRECTOR 2.00 X 0 0 0 BIANCE SMITH DIRECTOR 2.00 X 0 0 0 MICHAEL PICKENS DIRECTOR 2.00 X 0 0 0 LOREEN KAYLOR EXECUTIVE DIRECTOR 40.00 X 75165 0 0 195165 0 0 0 0 0 0 0 2312945 2312945 MISSION AND INTERNSHIP 611710 124895 124895 124895 2958 2958 288877 231029 57848 57848 57848 2498646 124895 0 60806 2226303 2226303 22923 13911 9012 387180 225838 161342 30568 18341 12227 713 713 39912 39912 12715 10203 2512 35267 35267 26320 2227 24093 3430 3430 31567 3534 28033 1190 1190 225 225 VOLUNTEER PROGRAM EXPEN 63574 63574 BANK FEES & CREDIT CARD 41003 41003 EQUIPMENT 11089 11089 PRINTING & POSTAGE 4373 4373 1113 1113 2939465 2565930 335756 37779 657211 227217 138111 105173 11910 5959 0 5951 795322 338341 11192 20453 11192 20453 X 430524 297906 353606 19982 784130 317888 795322 338341 -440819 -48818 23396 0 X 0 1 X 0 0 X 2254617 2413552 2386340 2143048 2437844 11635401 2254617 2413552 2386340 2143048 2437844 11635401 0 0 0 11635401 89505 61376 65656 17297 60803 294637 89505 61376 65656 17297 60803 294637 2344122 2474928 2451996 2160345 2498647 11930038 0.97530 0.97500 0.02470 0.02500 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11910 5959 5951 5951 CREDIT CARD PAYABLE 17191 PAYROLL LIABILITIES 3262 20453 2449996 -48818 168 -48650 2498646 0 2498646 2941636 2172 2172 2939464 0 2939464 PART XI, LINE 2D - OTHER ADJUSTMENTS: CBA A/R 168. PART XII, LINE 2D - OTHER ADJUSTMENTS: CBA A/P 2,172. FORM 990 PAGE 3 PART IV LINE 11F MANAGEMENT HAS CONCLUDED THAT ANY TAX POSITIONS THAT WOULD NOT MEET THE MORE-LIKELY-THAN-NOT CRITERION OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740-10, ACCOUNTING FOR INCOME TAXES, WOULD BE IMMATERIAL TO THE FINANCIAL STATEMENTS TAKEN AS A WHOLE. ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT INCLUDE ANY PROVISION FOR UNCERTAIN TAX POSITIONS, AND NO RELATED INTEREST OR PENALTIES HAVE BEEN RECORDED IN THE STATEMENT OF ACTIVITIES OR ACCRUED IN THE STATEMENT OF FINANCIAL POSITION. FEDERAL TAX RETURNS OF THE ORGANIZATION ARE GENERALLY OPEN TO EXAMINATION BY THE RELEVANT TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE DATE THE RETURNS ARE FILED. 0 KENYA 1 PROGRAM SERVICES ORPHAN LIVING & TEACHING 2226303 1 0 0 0 1 0 2226303 0 2226303 KENYA ORPHANAGE - TO OPERATE OUR CHILDREN'S HOME UNDER THE KENYAN MINISTRY OF GENDER, CHILDREN, AND SOCIAL DEVELOPMENT. 1227677 TRANSFERS 0 FMV KENYA PROVIDE SCHOOL IN THE GREAT RIFT VALLEY OF KENYA. 977486 TRANSFERS 0 FMV KENYA VENDOR IN SUPPORT OF KENYAN MISSION 13499 TRANSFERS 0 FMV 3 COST OF THE MISSIONARY TRIP MISSIONARY WHO WENT TO KENYA TO PROVIDE HELP TO ORPHANS 5 7641 TRANSFERS FMV 1 0 0 0 0 0 PART I, LINE 3: THE ORGANIZATION USES THE CASH BASIS OF ACCOUNTING. THE CASH BASIS IS THE METHOD OF ACCOUNTING WHEREBY REVENUE IS RECOGNIZED WHEN CASH IS RECEIVED AND EXPENSE IS RECOGNIZED WHEN CASH IS PAID. THE ORGANIZATION TRANSFERS OPERATING FUNDS TO KENYA ON A MONTHLY BASIS SUBSEQUENT TO THE MONTHLY CLOSE PROCESS AND REVIEW. THE ORGANIZATION HAS A MONTHLY REVIEW OF THE OPERATING RESULTS AND FUNDS TO BE TRANSFERRED. THE ORGANIZATION HAS CONTROLS IN PLACE OVER WIRE TRANSFERS TO ENSURE PROPER AUTHORIZATION OF OUTGOING WIRES, DETERMINING THE ACCURACY OF THE WIRES, AND RETENTION OF DOCUMENTATION AND RECORDS. BOTH NAOMI'S VILLAGE HOPE SELF HELP GROUP AND CORNERSTONE PREPARATORY ASSOCIATION ARE OVERSEEN BY BOARDS IN KENYA. THEY HAVE STRONG FINANCIAL POLICIES AND SYSTEMS IN PLACE, RUN ON QUARTERLY BUDGETS, AND ARE SUPERVISED IN KENYA BY THE AMERICAN FOUNDERS AND BANK SIGNATORIES JULIE AND ROBERT MENDONSA. BOTH MINISTRIES ARE AUDITED BY AN INDEPENDENT AUDITOR IN KENYA ANNUALLY. THERE IS CAREFUL TRACKING OF ALL EXPENDITURES IN KENYA AGAINST CATEGORIES OF DONOR CONTRIBUTIONS (WE MAINTAIN SEPARATE INCOME/EXPENSES FOR CONTRIBUTIONS MADE FOR CHILD SPONSORSHIP, CONSTRUCTION, BUS PURCHASES, COMMUNITY DEVELOPMENT PROJECTS, ETC.) FUNDS TO TRANSFER ARE DETERMINED THROUGH MONTHLY WIRE REPORTS FOR NAOMI'S VILLAGE HOPE SHG AND CORNERSTONE PREPARATORY ASSOCIATION GENERATED BY THE TREASURER OF THE US BOARD OF TRUSTEES OF NAOMI'S VILLAGE, INC. THESE WIRE REPORTS ARE THEN REVIEWED WITH KEY NAOMI'S VILLAGE AND CORNERSTONE KENYA MINISTRY LEADERS AND NAOMI'S VILLAGE, INC. US OFFICE LEADERS, SEPARATELY VERIFYING EVERY CATEGORY'S FIGURES, ON WIRE CALLS WITH BOTH KENYA MINISTRIES BEFORE THE WIRES ARE MADE MONTHLY. ALL FUNDS ARE USED FOR THE PURPOSES SPELLED OUT IN OUR MISSION AND PURPOSE STATEMENT. FORM 990, PART VI, SECTION A, LINE 2 ROBERT AND JULIE MENDONSA ARE RELATED PARTIES TO EACH OTHER. THEY ARE BOTH EMPLOYEES AND BOARD MEMBERS WHO RECEIVE COMPENSATION. FORM 990, PART VI, SECTION A, LINE 8B THERE IS NO COMMITTEE. THE MEETINGS WERE DOCUMENTED BY THE GOVERING BODY. FORM 990, PART VI, SECTION B, LINE 11B LINE 11A EXPLANATION - PRIOR TO FILING, FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS AND PRESIDENT FOR REVIEW FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATIONS DIRECTOR INCLUDED A REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS BASED ON COMPARABLE EXTERNAL AND INDEPENDENT COMPENSATION STUDIES. THE COMPENSATION WAS ALIGNED TO THE MEDIAN SALARY FOR AN ORGANIZATION OF COMPARABLE SIZE IN THE SERVICE CATEGORY. FORM 990, PART VI, SECTION C, LINE 18 AVLIABLE UPON REQUEST FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST