2024-10-30T09:30:45-05:00 2023-12-31 620788068 PURYEAR & NOONAN CPAS 40 BURTON HILLS BLVD STE 170 NASHVILLE TN 37215 990 2023-01-01 202862970 FRANK TOWN OPEN HEARTS MINISTRY INC FRAN 6158070782 320 MAIN STREET 200 FRANKLIN TN 37064 CHRIS BARNHILL EXECUTIVE DIRECTOR 6158070782 2024-10-29 1 1 MARILYN PLACE EA P01360716 6152960500 2024-10-29 2023 2024-10-15 13:58:12Z X CHRIS BARNHILL 320 MAIN STREET 200 FRANKLIN TN 37064 3187208 0 X WWW.FRANKTOWNOPENHEARTS.COM X 2005 TN BRINGING SPIRITUAL AND PHYSICAL HOPE TO WILLIAMSON COUNTY INNER CITY YOUTH BY BRINGING JESUS IN THEIR LIVES AND TEACHING THEM LIFE SKILLS. 18 18 17 900 0 0 1777207 3126419 0 0 2907 24649 -343736 -481427 1436378 2669641 37250 81106 0 0 444794 512398 0 0 248131 578300 687113 1060344 1280617 376034 1389024 1880452 3345035 73228 146937 1807224 3198098 FRANK TOWN OPEN HEARTS' MISSION IS TO BRING SPIRITUAL AND PHYSICAL HOPE TO WILLIAMSON COUNTY INNER CITY YOUTH BY BRINGING JESUS INTO THEIR LIVES AND BY TEACHING THEM CRITICAL LIFE SKILLS. 0 0 777366 81106 6300 PROVIDED HOT MEALS, EDUCATIONAL TUTORING AND LIFE SKILLS VOCATIONAL TRAINING, TRANSPORTATION TO AND FROM LOCAL CHURCHES, CREATIVE ARTS AND COMPUTER TECHNOLOGY SKILL, RECREATIONAL OUTINGS, SERVICE PROJECTS AND CULINARY ARTS. 777366 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 30 0 1 17 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 TN X THE ORGANIZATION 6158070782 320 MAIN STREET 200 FRANKLIN TN 37064 KEVIN HARTMAN DIRECTOR 2.00 X 0 0 0 TRAVIS DUMKE CO-PRESIDENT 2.00 X X 0 0 0 WAYNE HOWELL DIRECTOR - EX OFFICIO 2.00 X 0 0 0 DARREN WAY DIRECTOR 2.00 X 0 0 0 BRANDON PRIDDY DIRECTOR 2.00 X 0 0 0 KIMBERLY CHAUDOIN DIRECTOR 2.00 X 0 0 0 SANDRA DINKINS DIRECTOR 2.00 X 0 0 0 TRACEY JORDAN SECRETARY 2.00 X X 0 0 0 ELAINE SANDEFUR DIRECTOR 2.00 X 0 0 0 STEVE SCOTT DIRECTOR 2.00 X X 0 0 0 SPENCER TENNEY DIRECTOR 2.00 X 0 0 0 JEFF WALKER DIRECTOR 2.00 X 0 0 0 KENT SWEATT TREASURER 2.00 X X 0 0 0 TYRONE FOXWORTH DIRECTOR 2.00 X 0 0 0 JUSTIN HALL CO-PRESIDENT 2.00 X 0 0 0 BLAKE LAMBERT DIRECTOR 2.00 X 0 0 0 ASHLEY ROBERTS DIRECTOR 2.00 X 0 0 0 ANNIE SAWYERS DIRECTOR 2.00 X 0 0 0 VINCENT BAKER DIRECTOR 2.00 X 0 0 0 KRISTI DUNLAP RANSOM DIRECTOR 2.00 X 0 0 0 CHRISTOPHER L BARNHILL EXECUTIVE DIRECTOR 45.00 X 73000 0 55000 73000 0 55000 0 0 0 0 0 661435 80592 2384392 88007 3126419 18349 18349 6300 0 6300 6300 6300 36140 661435 517567 -481427 -481427 2669641 6300 0 -463078 81106 81106 128000 25600 38400 64000 346670 257127 40717 48826 37728 26448 4947 6333 61598 61598 125077 54927 70150 64412 32206 32206 64827 47070 12020 5737 15446 5561 3553 6332 35680 35680 21729 21704 25 9407 3104 4986 1317 26341 26341 18280 2967 15313 PROGRAMMING EXPENSES 163413 162978 60 375 PROGRAM EVENT EXPENSES 25000 25000 REPAIRS AND MAINTENANCE 21309 21309 INDIRECT FUNDRAISING 11948 11948 22646 10259 11505 882 1280617 777366 255120 248131 1635529 2036069 7914 7518 945731 6008 7285 500195 155513 225738 344682 5263 3750 1880452 3345035 40974 90577 32254 56360 73228 146937 X 749324 655689 1057900 2542409 1807224 3198098 1880452 3345035 X 1389024 9000 44135 -51285 X 0 1 X 1 0 X 708534 993225 1570967 1777207 3126419 8176352 708534 993225 1570967 1777207 3126419 8176352 715160 7461192 606 278 2907 18349 22140 8198492 6300 0.91010 0.93520 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 500195 155513 344682 344682 PAYROLL LIABILITIES 56360 56360 X 3174977 9000 9000 3165977 -496336 -496336 2669641 1828238 547621 547621 1280617 0 1280617 PART X, LINE 2: THE ORGANIZATION FOLLOWS FASB 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, AS IT RELATES TO UNCERTAIN TAX POSITIONS. FOR ALL TAX POSITIONS TAKEN BY THE ORGANIZATION, MANAGEMENT BELIEVES IT IS CLEAR THAT THE LIKELIHOOD IS GREATER THAN 50% THAT THE FULL AMOUNT OF THE TAX POSITION TAKEN WILL BE ULTIMATELY REALIZED. THEREFORE, MANAGEMENT BELIEVES THAT NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS SHOULD BE RECORDED RELATED TO UNCERTAIN TAX POSITIONS TAKEN ON RETURNS FOR THE THREE MOST RECENT YEARS FILED, OR EXPECTED TO BE TAKEN IN THE ORGANIZATION'S TAX RETURN. THE ORGANIZATION IDENTIFIES ITS MAJOR TAX JURISDICTIONS AS THE U.S. FEDERAL AND THE STATE OF TENNESSEE. HOWEVER, THE ORGANIZATION IS NOT CURRENTLY UNDER AUDIT NOR HAS THE ORGANIZATION BEEN CONTACTED BY EITHER OF THESE JURISDICTIONS. AS OF DECEMBER 31, 2023, THE ORGANIZATION HAS ACCRUED NO INTEREST AND NO PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT EVENT EXPENSES -496,336. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EVENT EXPENSES 496,336. BAD DEBT EXPENSE 51,285. FESTIVAL OF LIGHT 513202 513202 64440 553 344903 ANNUAL DINNER 136353 112213 24140 10351 13384 3000 29187 1 48020 36020 12000 6424 11335 33990 697575 661435 36140 81215 25272 3000 408080 517567 -481427 1 WE ARE DRIVEN BY THE BELIEF THAT NO STUDENT SHOULD BE HELD BACK BY CIRCUMSTANCES BEYOND THEIR CONTROL. THESE GRANTS PROVIDE A RANGE OF ESSENTIAL SUPPORT TO FRANKTOWN STUDENTS AND THEIR FAMILIES DURING CHALLENGING TIMES. FUNDS FOCUS ON BENEVOLENT BASIC NEEDS, SUCH AS: FOOD, CLOTHING, HEALTH COSTS, AND SHELTER. PROVIDING BOTH IMMEDIATE ASSISTANCE WHEN ASSUMED NECESSARY, WE AIM TO FOSTER A SENSE OF STABILITY, SECURITY, AND POSSIBILITY FOR EACH STUDENT AND THEIR FAMILIES. 46 14330 66127 FMV VEHICLES, TOLIETRIES, FURNITURE, FOOD, AND OTHER NECESSITIES PART I, LINE 2: THE ORGANIZATION KEEPS INTERNAL RECORD AND PROGRAMMING RECORDS OF FAMILIES THAT MAY HAVE REQUIRED BASIC NEEDS OR SUPPORT. STEVE SCOTT BOARD MEMBER 22905 HVAC SERVICES WITH BUSINESS OWNED BY BOARD MEMBER 0 X 20 63650 FMV X AUCTION ITEMS 68 21231 FMV X HOUSEHOLD ITEMS 10 2326 FMV X COMPUTER EQUIP 2 800 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD WILL REVIEW THE PREPARED FORM 990 PRIOR TO IT BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C INDIVIDUAL BOARD PARTICIPATION, INCLUDING CONFLICTS OF INTERESTS, ARE REVIEWED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: ALLOWANCE FOR DOUBTFUL ACCOUNTS -51,285. FORM 990 AMENDED THE ORIGINAL 990 WAS FILED PRIOR TO THE COMPLETION OF THE AUDIT. THE FINALIZED AUDIT HAS CREATED THE FOLLOWING CHANGES: -THE PLEDGES RECEIVABLE ACCOUNT (PART X, LINE 3) DECREASED BY $49,313. -THE NET ASSETS WITHOUT DONOR RESTRICTIONS (PART X, LINE 27) DECREASED BY $20,991. -THE NET ASSETS WITH DONOR RESTRICTIONS (PART X, LINE 28) DECREASED BY $28,322. -ALL OTHER CONTRIBUTIONS (PART VIII, LINE 1F) AND TOTAL REVENUE (PART XI, LINE 1) DECREASED BY $52,063. THIS DECREASE IS ALSO REFLECTED ON SCHEDULE A, PART II, LINE 1, AND SCHEDULE D, PART XI, LINE 1. -OTHER CHANGES IN NET ASSETS OR FUND BALANCES (PART XI, LINE 9), INCREASED BY $2,750. THIS WAS DUE TO A REDUCTION OF BAD DEBT EXPENSE AS ALSO SHOWN ON SCHEDULE D, PART XII, LINE 2D.