2024-06-24T16:36:25-05:00 2023-08-31 450250958 EIDE BAILLY LLP 400 PINE ST STE 600 ABILENE TX 796015190 990 2022-09-01 751377874 SHERWOOD & MYRTIE FOSTER HOME FOR CHIL SHER 2549682143 1779 N GRAHAM ST STEPHENVILLE TX 76401 DOUG YOUNG PRESIDENT & CEO 2549682143 2024-06-19 1 DOUG YOUNG 999009999 1 DONNA SCIFRES-SOLOMON CPA P01056185 3256724000 2024-06-18 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DOUG YOUNG 1779 N GRAHAM ST STEPHENVILLE TX 76401 3460763 0 X WWW.FOSTERSHOME.ORG X 1972 TX TO PROVIDE CHILD CARE AND FOSTER CARE CHILD PLACEMENT 14 14 73 190 0 0 2691306 2288124 822918 818008 -47435 22196 135391 217808 3602180 3346136 20423 475 0 0 2460711 2305101 0 0 389236 1730992 1885166 4212126 4190742 -609946 -844606 10731570 10108868 105607 313088 10625963 9795780 TO PROVIDE CHILD CARE AND FOSTER CARE CHILD PLACEMENT 0 0 3577003 475 874531 CHILD CARE AND FOSTER CARE CHILD PLACEMENT 3577003 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 16 0 1 73 1 0 0 0 0 0 0 0 0 0 1 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X MICHELLE RUDLOFF 2549682143 PO BOX 978 STEPHENVILLE TX 76401 LARRY PRATT DIRECTOR 1.00 X 0 0 0 STEVE PARKER DIRECTOR 1.00 X 0 0 0 PHIL UHRHAN DIRECTOR 1.00 1.00 X 0 0 0 STEVE SMITH CHAIRMAN 1.00 X X 0 0 0 JEFF JEFFRIES DIRECTOR 1.00 X 0 0 0 DARLA DOTY DIRECTOR 1.00 X 0 0 0 MIKE BLEVINS VICE CHAIRMAN 1.00 1.00 X X 0 0 0 EARL KRIEG JR DIRECTOR 1.00 X 0 0 0 CLINTON NIX DIRECTOR 1.00 1.00 X 0 0 0 JAMES BO COX DIRECTOR 1.00 1.00 X X 0 0 0 JOHN TERRILL DIRECTOR 1.00 1.00 X 0 0 0 STEVEN HEROD DIRECTOR 1.00 X 0 0 0 CARL SMITH DIRECTOR 1.00 X 0 0 0 DEBBIE GILES DIRECTOR 1.00 X 0 0 0 CAROLE PATMAN DIRECTOR 1.00 X 0 0 0 KRISTA ANDERSON DIRECTOR 1.00 X 0 0 0 LACY BARTON VICE PRESIDENT 1.00 40.00 X 79004 0 27610 HARRIET FRAZIER VICE PRESIDENT 1.00 40.00 X 82475 0 16735 BRAWNSON OLIVER VICE PRESIDENT 1.00 40.00 X 65132 0 16876 DOUG YOUNG PRESIDENT / CEO 1.00 40.00 X 113468 0 29622 GLENN NEWBERRY CHIEF DONOR RELATIONS OFFI 1.00 40.00 X 97576 0 22925 437655 0 113768 1 0 0 0 0 311438 1976686 87379 2288124 CHILD CARE PROGRAM 624410 818008 818008 818008 8735 8735 6652 0 6652 6652 6652 69447 55008 69447 41547 0 13461 13461 13461 171727 311438 3633 168094 168094 OTHER INCOME 900099 43062 43062 43062 3346136 874531 0 183481 475 475 1836508 1510040 90407 236061 150496 111594 20639 18263 165093 113971 30466 20656 153004 115824 20147 17033 688 688 21070 21070 2881 350 2531 265408 263669 690 1049 34132 5372 4590 24170 508658 508658 331060 329200 1860 SUPPLIES 167216 149264 5483 12469 REPAIRS & MAINTENANCE 152864 152864 FOOD CLOTHING & MEDICAL 98854 98854 CONTRACT LABOR 82581 82581 219754 134637 29973 55144 4190742 3577003 224503 389236 818863 551813 135345 98622 5000 5000 11367 21161 14059805 4880999 9595006 9178806 165989 253466 10731570 10108868 29786 209595 75821 103493 105607 313088 X 10615230 9686306 10733 109474 10625963 9795780 10731570 10108868 -844606 14423 0 X 0 1 X 1 0 X 3965448 3549439 4524780 2691306 2288124 17019097 3965448 3549439 4524780 2691306 2288124 17019097 17019097 22243 11213 2573 2009 8735 46773 4489 4294 15038 32039 43062 98922 17164792 4884057 0.99150 0.99280 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 784857 784857 10917679 3494035 7423644 727319 344069 383250 571686 367028 204658 1058264 675867 382397 9178806 PENSION CONTRIBUTION PAYABLE 34780 FUNDS HELD FOR THE BENEFIT OF CHILDREN 22305 BENEFITS PAYABLE -1099 OTHER ACCRUED EXPENSES 47507 103493 3225889 14423 3633 18056 3207833 138303 138303 3346136 4193900 3633 3633 4190267 475 475 4190742 PART V, LINE 4: ENDOWMENT FUNDS WERE ESTABLISHED FOR THE PURPOSE OF ASSISTING THE HOME WITH THE COST OF HIGHER EDUCATION FOR THE CHILDREN. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 3,633. PART XI, LINE 4B - OTHER ADJUSTMENTS: TEMPORARILY RESTRICTED REVENUES 138,303. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 3,633. PART XII, LINE 4B - OTHER ADJUSTMENTS: TRANSFERS OUT TO FOUNDATION 475. AUCTION PROCEEDS 156762 156762 YEAR END APPEAL 117180 117180 3633 8 209223 194258 14965 483165 311438 171727 3633 3633 168094 1 X 0 0 0 0 0 0 0 0 0 X 2 87379 FMV OF STOCK 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B LINE 11A EXPLANATION - A COPY OF FORM 990 IS SENT TO THE BOARD OF DIRECTORS FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C A WRITTEN CONFLICT OF INTEREST POLICY IS PRESENT AND THE BOARD MEMBERS REVIEW AND SIGN IT ANNUALLY. COMPLIANCE IS MONITORED AND ENFORCED BY REFUSAL TO ENGAGE IN ANY MONETARY TRANSACTIONS FROM THE HOME TO THE BOARD. THIS INVOLVES REFUSING TO UTILIZE ANY BOARD MEMBER, OR THEIR COMPANY, FOR SERVICES RENDERED. BOARD MEMBERS ALSO ABSTAIN AS NECESSARY FROM ANY VOTES THAT MAY PERTAIN TO A PERSONAL CONFLICT OF INTEREST RELATED TO RELATIONSHIPS, TRANSACTIONS, OR POSITIONS. IF A BOARD MEMBER PERCEIVES THEY, OR ANOTHER BOARD MEMBER, MAY HAVE A CONFLICT OF INTEREST, IT IS BROUGHT UP FOR DISCLOSURE AND DISCUSSION. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S SALARY IS DISCUSSED AND APPROVED BY THE BOARD OF DIRECTORS AND THEN IS RECORDED IN THE BOARD MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. FOSTER'S HOME FOUNDATION PO BOX 978 STEPHENVILLE TX 76401 752446210 TO PROVIDE FUNDING TO OPERATE FOSTER'S HOME FOR CHILDREN TX 501(C)3 11 TYPE I 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 FOSTER'S HOME FOUNDATION B 475