2025-01-30T16:14:44-06:00 2024-06-30 752393478 WHITLEY PENN LLP 8343 DOUGLAS AVENUE SUITE 400 DALLAS TX 75225 990 2023-07-01 510416193 ARMS OF HOPE ARMS 8305892871 21300 STATE HIGHWAY 16 NORTH MEDINA TX 78055 TROY ROBERTSON PRESIDENT 8305892871 2025-01-28 1 1 EMILY LANDRY P01614538 2143939300 2023 2025-03-06 01:10:19Z TROY ROBERTSON 21300 STATE HIGHWAY 16 NORTH MEDINA TX 78055 4082945 0 X WWW.ARMSOFHOPE.ORG X 2009 TX TO TRANSFORM THE LIVES OF DISADVANTAGED CHILDREN, YOUTH AND FAMILIES BY PROVIDING HOPE AND SUPPORT IN A NURTURING, CHRISTIAN ENVIRONMENT. 11 10 22 100 0 0 4206535 4056312 0 0 3312 9409 -80132 -8020 4129715 4057701 0 0 0 0 1519873 1679157 0 0 641025 872688 950747 2392561 2629904 1737154 1427797 324920 239379 34861952 37015820 -34537032 -36776441 TO TRANSFORM THE LIVES OF DISADVANTAGED CHILDREN, YOUTH AND FAMILIES BY PROVIDING HOPE AND SUPPORT IN A NURTURING, CHRISTIAN ENVIRONMENT. 0 0 1685849 ARMS OF HOPE THROUGH ITS RESIDENTIAL CHILD CARE, TOGETHER, COLLEGE AND CAREER, RIGHT START, AND OUTREACH MINISTRY PROGRAMS AT IT'S BOLES AND MEDINA CAMPUSES AND THROUGH ITS FAMILY OUTREACH MINISTRY OFFICES HELPS PROVIDE A SAFE HAVEN AND CHRISTIAN ENVIRONMENT TO CHILDREN AND SINGLE-MOTHER FAMILIES BY HELPING THEM AVOID HOMELESSNESS, POVERTY, ABUSE AND NEGLECT AND BY LEADING THEM TO LIVES OF SUSTAINING AND PRODUCTIVE CITIZENSHIP. OUR RESIDENTS ATTEND PUBLIC SCHOOL, NEARBY UNIVERSITIES OR TRADE SCHOOLS AND PARTICIPATE IN SCHOOL, CHURCH AND CAMPUS ACTIVITIES. 1685849 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 1 0 0 1 0 0 0 0 1 1 0 0 0 1 55 0 1 22 1 0 0 0 0 0 1 1 0 0 0 1 0 0 0 X 11 10 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X SCOTT STUMBO 8305892871 21300 STATE HIGHWAY 16 NORTH MEDINA TX 78055 JERRY COX CHAIRMAN OF THE BOARD 4.00 6.00 X X 0 0 0 SCOT FOITH VICE CHAIRMAN 2.00 3.00 X X 0 0 0 BETH WALKER SECRETARY/EXEC MEMBER 2.00 3.00 X X 0 0 0 MIKE CALVERT EXECUTIVE COMMITTEE MEMBER 2.00 3.00 X X 0 0 0 KEVIN MCDONALD DIRECTOR 2.00 3.00 X 0 0 0 BRUCE BARNARD DIRECTOR 2.00 3.00 X 0 0 0 JANA WOELFEL DIRECTOR 2.00 3.00 X 0 0 0 JERRY BROWDER DIRECTOR 2.00 3.00 X 0 0 0 DR TOM WINKLER DIRECTOR 2.00 3.00 X 0 0 0 RANDA UPP DIRECTOR 2.00 3.00 X 0 0 0 DALE HARBISON DIRECTOR 2.00 3.00 X 0 0 0 TROY ROBERTSON PRESIDENT/CEO 14.00 26.00 X 204566 0 27321 SCOTT STUMBO CHIEF FINANCIAL OFFICER 14.00 26.00 X 153560 0 20663 NATHALIE MCDONALD CHIEF DEVELOPMENT OFFICER 14.00 26.00 X 158360 0 10649 JOEL DERROUGH CAMPUS DIRECTOR 1.00 40.00 X 0 125884 15686 THOMAS WICKHAM CAMPUS DIRECTOR 1.00 40.00 X 0 108220 19880 516486 234104 94199 3 0 1 0 TY SQUIERS 302 JOSEPHINE STREET INGRAM TX 78025 GENERAL CONTRACTOR 659014 1 17010 4039302 364515 4056312 15633 15633 6224 -6224 -6224 -6224 11000 17010 19020 -8020 -8020 4057701 0 0 1389 575247 575247 837835 283585 186973 367277 20696 2349 18347 131327 76475 14258 40594 114052 71999 9982 32071 26579 26579 96000 40495 24902 30603 24000 24000 133326 42791 18916 71619 82074 27404 6946 47724 229 229 44791 39551 2014 3226 1545 1433 112 29355 12655 6717 9983 ALLOWANCE AND ACTIVITIE 322797 322367 193 237 SUPPORT OF CHURCH 60000 60000 GIK-PROGRAMS 30240 30240 MISCELLANEOUS EXPENSE 26451 9337 19 17095 73360 68041 3182 2137 2629904 1685849 303030 641025 16168 9462 246461 227341 71100 68524 2576 2576 59715 0 324920 239379 330758 532017 34531194 36483803 34861952 37015820 X -34537032 -36776441 -34537032 -36776441 324920 239379 X 1427797 -6066 -3661140 X X 0 1 X 1 0 X 3872567 9222226 4456908 4206535 4056312 25814548 3872567 9222226 4456908 4206535 4056312 25814548 6981237 18833311 6032 5129 9586 3312 15633 39692 7320 75 7395 25861635 0.72820 0.72200 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 71100 68524 2576 2576 RELATED ORGANIZATION PAYABLE 36453096 CHARITABLE GIFT ANNUITIES 30707 36483803 X PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC"), EXCEPT TO THE EXTENT THAT THEY HAVE UNRELATED BUSINESS INCOME. THERE WAS NO MATERIAL UNRELATED BUSINESS INCOME REFLECTED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED JUNE 30, 2024 AND 2023. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. GAAP PRESCRIBES A COMPREHENSIVE MODEL FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, PRESENTATION, AND DISCLOSURE OF UNCERTAIN INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN INCOME TAX RETURNS. MANAGEMENT BELIEVES THAT IT HAS NOT TAKEN A TAX POSITION THAT, IF CHALLENGED, WOULD HAVE A MATERIAL EFFECT ON THE ORGANIZATION'S CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION FILES FORM 990 IN THE UNITED STATES FEDERAL JURISDICTION WITHIN THE UNITED STATES AND NO TAX RETURNS ARE CURRENTLY UNDER EXAMINATION BY ANY TAX AUTHORITIES. KERRVILE GOLF 28010 17010 11000 11925 5636 1459 28010 17010 11000 11925 5636 1459 19020 -8020 X X X 0 0 0 0 0 0 0 0 0 TROY ROBERTSON PRESIDENT/CEO 174240 0 30326 0 0 0 14742 0 12579 0 231887 0 0 0 SCOTT STUMBO CHIEF FINANCIAL OFFICER 133536 0 20024 0 0 0 10749 0 9914 0 174223 0 0 0 NATHALIE MCDONALD CHIEF DEVELOPMENT OFFICER 138336 0 20024 0 0 0 9874 0 775 0 169009 0 0 0 JOEL DERROUGH CAMPUS DIRECTOR 67108 WIFE IS EMPLOYED BY BOLES CHILDREN'S HOME, A RELATED ORGANIZATION 0 SCOTT STUMBO CHIEF FINANCIAL OFFICER 8750 WIFE IS EMPLOYED BY MEDINA CHILDREN'S HOME, A RELATED ENTITY 0 TROY ROBERTSON PRESIDENT/CEO 51298 DAUGHTER IS EMPLOYED BY MEDINA CHILDREN'S HOME, A RELATED ENTITY 0 X 368 316354 FMV X MERCHANDISE 12040 48161 FMV 0 0 0 PART I, COLUMN (B): PART I, COLUMN (B), LISTS THE NUMBER OF ITEMS CONTRIBUTED. THE NUMBER OF ITEMS CONTRIBUTED FOR THE MERCHANDISE IS AN ESTIMATE. FORM 990, PART VI, SECTION A, LINE 2 KEVIN MCDONALD (DIRECTOR) AND NATHALIE MCDONALD (CHIEF DEVELOPMENT OFFICER) ARE HUSBAND AND WIFE. FORM 990, PART VI, SECTION B, LINE 11B A PRELIMINARY DRAFT OF THE FORM 990 WAS REVIEWED BY THE PRESIDENT, CHAIRMAN OF THE BOARD, AND CHAIRMAN OF THE AUDIT COMMITTEE. THE REMAINING CURRENT BOARD MEMBERS RECEIVED A COPY FOR REVIEW PRIOR TO THE FILING OF THE COMPLETED FORM 990 AND RELATED SCHEDULES. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS USED AN INDEPENDENT COMPENSATION CONSULTANT AND COMPARABLE COMPENSATION FROM SIMILAR ORGANIZATIONS TO DETERMINE THE SALARY OF TROY ROBERTSON, PRESIDENT. THE SALARY ARRANGEMENT WAS APPROVED BY THE BOARD OF DIRECTORS AND DOCUMENTED IN THE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990, AND AUDITED FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION AT ITS OFFICE UPON REQUEST. FORM 990, PART XI, LINE 9: TRANSFER TO MEDINA CHILDREN'S HOME -3,706,756. TRANSFER FROM BOLES CHILDREN'S HOME 44,208. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 1,408. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT MAKE ANY CHANGES TO ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE YEAR. FORM 990 ARMS OF HOPE, A TAX-EXEMPT ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, SUPPORTS MEDINA CHILDREN'S HOME, BOLES CHILDREN'S HOME AND BOLES CHILDREN'S HOME REALTY CORP IN THE FORM OF PROVIDING GOVERNANCE AND LEADERSHIP THROUGH ITS RELATIONSHIP AS THE SOLE MEMBER OF MEDINA CHILDREN'S HOME, BOLES CHILDREN'S HOME AND BOLES CHILDREN'S HOME REALTY CORP. AS SOLE MEMBER, ARMS OF HOPE HAS GOVERNANCE POWERS OVER MEDINA CHILDREN'S HOME, BOLES CHILDREN'S HOME AND BOLES CHILDREN'S HOME REALTY CORP. THE SEPARATE EXEMPTION AND LEGAL EXISTENCE OF THESE ENTITIES RESULTS IN A SEPARATE TAX FILING REQUIREMENT. IF THE FINANCIALS WERE PRESENTED ON A CONSOLIDATED BASIS, THEY WOULD REFLECT THE FOLLOWING BALANCE SHEET: CASH AND CASH EQUIVALENTS 1,173,522 OTHER ASSETS 398,836 INVESTMENTS, AT FAIR VALUE 37,031,209 PROPERTY AND EQUIPMENT, NET OF ACCUMULATED DEPRECIATION 12,022,641 ACCOUNTS PAYABLE 218,712 ACCRUED EXPENSES 274,496 CHARITABLE GIFT ANNUITIES 487,779 NET ASSETS WITHOUT DONOR RESTRICTIONS 48,450,970 NET ASSETS WITH DONOR RESTRICTIONS 1,194,251 MEDINA CHILDREN'S HOME 21300 STATE HWY 16 N MEDINA TX 780553808 741323914 OPERATING CHRISTIAN HOMES FOR THE CARE OF CHILDREN TX 501(C)(3) LINE 7 ARMS OF HOPE 1 BOLES CHILDREN'S HOME 7065 LOVE QUINLAN TX 754744609 750904045 OPERATING CHRISTIAN HOMES FOR THE CARE OF CHILDREN TX 501(C)(3) LINE 7 ARMS OF HOPE 1 BOLES CHILDREN'S HOME REALTY CORP 7065 LOVE QUINLAN TX 754744609 752839971 SUPPORTING ORGANIZATION TX 501(C)(2) LINE 7 ARMS OF HOPE 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 BOLES CHILDREN'S HOME D 3737458 CASH BOLES CHILDREN'S HOME O 1262107 CASH BOLES CHILDREN'S HOME S 44208 CASH MEDINA CHILDREN'S HOME D 823808 CASH MEDINA CHILDREN'S HOME O 1706720 CASH MEDINA CHILDREN'S HOME Q 216413 CASH MEDINA CHILDREN'S HOME R 3706756 CASH