2026-07-09T13:54:47-05:00 2025-08-31 410746749 CLIFTONLARSONALLEN LLP TWO INTERNATIONAL PLACE 22ND FLOOR BOSTON MA 02110 990 2024-09-01 030323013 MAKE-A-WISH FOUNDATION OF VERMONT AND NORTHEAST NEW YORK MAKE 8028649393 6655 SHELBURNE RD 300 SHELBURNE VT 05482 JAMES HATHAWAY PRESIDENT & CEO 8028649393 2026-07-09 1 1 LINDSEY PIGG P01268923 7819821001 2026-07-09 2024 2025-03-06 01:10:19Z X JAMES HATHAWAY 6655 SHELBURNE RD 300 SHELBURNE VT 05482 4848673 0 X WISH.ORG/VERMONT X 1989 VT TOGETHER, WE CREATE LIFE-CHANGING WISHES FOR CHILDREN WITH CRITICAL ILLNESSES. 13 13 7 20 0 0 1048958 2314574 12300 1875 385330 318603 55609 43100 1502197 2678152 400341 1203871 0 0 642670 952448 0 13333 424424 383979 834722 1426990 3004374 75207 -326222 3542413 8733970 142665 788437 3399748 7945533 X THE MAKE-A-WISH FOUNDATION OF VERMONT AND NORTHEAST NEW YORK CREATES LIFE-CHANGING WISHES FOR CHILDREN WITH CRITICAL ILLNESSES. 0 0 1989755 1203871 1875 SEE SCHEDULE O. 1989755 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 10 0 1 7 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 VT X X JOHN MULLET 8028649393 6655 SHELBURNE RD 300 SHELBURNE VT 05482 BRIAN LEFFLER BOARD CHAIR 1.00 X X 0 0 0 JESSE TOMCZACK VICE CHAIR 1.00 X X 0 0 0 RJ LONG SECRETARY 1.00 X X 0 0 0 MARIETTA FORMENAK TREASURER 1.00 X X 0 0 0 AMER AL-NIMIR DIRECTOR 1.00 X 0 0 0 NICOLE CAMUTI DIRECTOR 1.00 X 0 0 0 JON DEFOREST DIRECTOR 1.00 X 0 0 0 JOE CHARBONNEAU DIRECTOR 1.00 X 0 0 0 JIM GIORDANO DIRECTOR 1.00 X 0 0 0 BARB HARRIS DIRECTOR 1.00 X 0 0 0 HEATHER HUDSON DIRECTOR 1.00 X 0 0 0 KATIE LANGROCK DIRECTOR 1.00 X 0 0 0 JOHN MULLET DIRECTOR 1.00 X 0 0 0 DAVID RICHARDS DIRECTOR 1.00 X 0 0 0 AHMED YEARWOOD DIRECTOR UNTIL 9/30/24 1.00 X 0 0 0 JAMES HATHAWAY PRESIDENT & CEO 20.00 X 168000 0 22961 SHAWNA WAKEHAM SMITH VICE PRESIDENT 40.00 X 119821 0 22024 EMILY MALLEY DIRECTOR OF DEVELOPMENT 40.00 X 94846 0 56530 382667 0 101515 2 0 1 0 0 44267 459337 1810970 438491 2314574 WISH ASSIST FEE 900099 1875 1875 1875 131390 131390 2197700 3103 2008690 4900 189010 -1797 187213 187213 120524 459337 154655 -34131 -34131 4507 2276 2231 2231 OTHER INCOME 900099 75000 75000 75000 2678152 1875 0 361703 1203871 1203871 432719 203378 138470 90871 371522 199061 79963 92498 11298 5798 2653 2847 74333 38774 16902 18657 62576 31544 16772 14260 23200 23200 30342 30342 62568 62568 13333 13333 29011 29011 45726 4114 36457 5155 22375 22375 107636 40070 28810 38756 14171 5781 4559 3831 93389 46055 24690 22644 36474 4529 28033 3912 16231 1163 12782 2286 208 99 54 55 76008 37862 20223 17923 1069 717 193 159 CHAPTER DUES 236723 165707 33141 37875 BAD DEBT 34298 34298 MEMBERSHIP DUES 3156 1232 1372 552 MERCHANT FEES 2137 2137 3004374 1989755 590195 424424 86401 176890 6912 204916 300111 3719 9341 6651 56749 120431 612437 186652 114861 425785 2987855 7154738 75378 545645 3542413 8733970 106989 148656 12000 66400 23676 573381 142665 788437 X 3036044 6321735 363704 1623798 3399748 7945533 3542413 8733970 X -326222 311965 57230 4502812 X 0 1 X 1 0 X 767671 1651977 1393708 1048958 2314574 7176888 767671 1651977 1393708 1048958 2314574 7176888 976856 6200032 41025 50540 75159 87819 131390 385933 4274 42709 32517 58340 195524 333364 7896185 27705 0.78520 0.74460 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS FUNDRAISING REVENUE - 2020 AMOUNT: $ 4,274. 2021 AMOUNT: $ 41,751. 2022 AMOUNT: $ 2,517. 2023 AMOUNT: $ 4,323. 2024 AMOUNT: $ 120,524. OTHER INCOME - 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 958. 2022 AMOUNT: $ 30,000. 2023 AMOUNT: $ 54,017. 2024 AMOUNT: $ 75,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1006005 914012 209020 39234 2089803 905484 136279 35758 1006005 839339 73915 7770 905484 966563 -118462 8762 839339 735109 100000 131454 966563 0.37275 0.44816 0.17907 0 0 332173 72807 259366 280264 113845 166419 425785 DUE FROM NATIONAL 70249 SECURITY DEPOSITS 5597 DUE FROM OTHER CHAPTERS 6005 RIGHT OF USE ASSETS - OPERATING 456541 RIGHT OF USE ASSETS - FINANCING 7253 545645 DUE TO NATIONAL 73008 DUE TO OTHER CHAPTERS 34196 LEASE LIABILITY-OPERATING 458694 LEASE LIABILITY-FINANCING 7483 573381 X 3323570 311965 328333 640298 2683272 29011 -34131 -5120 2678152 3280597 271103 34131 305234 2975363 29011 29011 3004374 PART V, LINE 4: PERMANENTLY RESTRICTED NET ASSETS ARE RESTRICTED TO INVESTMENTS IN PERPETUITY, THE INCOME FROM WHICH IS EXPENDABLE TO SUPPORT ANY WISH-GRANTING ACTIVITIES OF THE FOUNDATION. PART X, LINE 2: THE FOUNDATION IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3). HOWEVER, THE FOUNDATION REMAINS SUBJECT TO INCOME TAXES ON ANY NET INCOME THAT IS DERIVED FROM A TRADE OR BUSINESS, REGULARLY CARRIED ON AND NOT IN FURTHERANCE OF THE PURPOSE FOR WHICH IT WAS GRANTED EXEMPTION. NO INCOME TAX PROVISION HAS BEEN RECORDED AS THE NET INCOME, IF ANY, FROM ANY UNRELATED TRADE OR BUSINESS, IN THE OPINION OF MANAGEMENT, IS NOT MATERIAL TO THE FINANCIAL STATEMENTS TAKEN AS A WHOLE. MANAGEMENT BELIEVES THAT NO UNCERTAIN TAX POSITIONS EXIST FOR THE FOUNDATION AT AUGUST 31, 2025 AND 2024. THE FOUNDATION FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION, AND APPLICABLE STATE JURISDICTIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENTS MOVED TO STATEMENT OF REVENUE -34,131. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS MOVED TO STATEMENT OF REVENUE 34,131. WHISKEY WINE AND WISHES 250406 178314 72092 7566 45651 10735 26090 TECH VALLEY GOLF TOURNAMENT 209293 190953 18340 23005 2 120162 90070 30092 995 475 24183 2238 13717 579861 459337 120524 995 8041 69834 12973 62812 154655 -34131 1 WISHES GRANTED 99 210492 993379 FMV TRAVEL, M&E, SUPPLIES PART I, LINE 2: FOR EACH CHILD WHO MEET ELIGIBILITY CRITERIA, A FILE IS ESTABLISHED IN ACCORDANCE WITH MAKE-A-WISH FOUNDATION PROCEDURES. THE CHILD IS INTERVIEWED BY THE WISH GRANTING STAFF TO UNDERSTAND THE CHILD'S WISH REQUEST. A WISH BUDGET IS CREATED BY WISH STAFF AND APPROVED BY WISH MANAGEMENT. WISH EXPENSES ARE GENERATED BY WISH FULFILLMENT STAFF AND REVIEWED AND APPROVED BY WISH MANAGEMENT TO ENSURE THAT COSTS ALIGN WITH THE WISH BUDGET. ONCE THE WISH HAS BEEN GRANTED AND ALL EXPENSES PAID, THE WISH FILE IS CLOSED. X X X X X X 0 0 0 0 0 0 0 0 0 JAMES HATHAWAY PRESIDENT & CEO 153000 0 15000 0 0 0 0 0 22961 0 190961 0 0 0 EMILY MALLEY DIRECTOR OF DEVELOPMENT 83846 0 11000 0 0 0 8177 0 48353 0 151376 0 0 0 X 3 38451 FMV X WISH-RELATED 159 338827 FMV X OTHER 1 61000 X SPECIAL EVENTS 1 213 FMV 0 0 1 0 PART I, COLUMN (B): COLUMN (B) REFERS TO THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART III, LINE 4A IT IS THE FOUNDING PRINCIPLE OF OUR VISION TO GRANT THE WISH OF EVERY ELIGIBLE CHILD, BETWEEN THE AGES OF 2 1/2 AND 18. FOR WISH KIDS, JUST THE ACT OF MAKING THEIR WISH COME TRUE CAN GIVE THEM THE COURAGE TO COMPLY WITH THEIR MEDICAL TREATMENTS. WITH OUR WISH MAKING PROCESS WE STRIVE TO BRING A SENSE OF EXCITEMENT AND HOPE DURING EXTREMELY DIFFICULT TIMES AND DELIVER A JOYFUL LIFE CHANGING EXPERIENCE WHETHER THE WISH IS A PRINCESS PARTY, SWIM WITH THE DOLPHINS, OR THE COUNTLESS OTHER POSSIBILITIES DREAMED UP BY THE MAGICAL MIND OF A CHILD. THE MAKE-A-WISH FOUNDATION OF VERMONT & NORTHEAST NEW YORK GRANTED 99 LIFE CHANGING WISHES IN THE FISCAL YEAR ENDING AUGUST 31, 2025. THE TOTAL COST OF WISHES GRANTED FOR THE FISCAL YEAR WAS $2,237,300. OF THIS AMOUNT, $252,704 WAS CONTRIBUTED BY VARIOUS VENDORS WHO PROVIDED IN-KIND CONTRIBUTIONS SUCH AS TRAVEL AND TRAVEL SERVICES, TRANSPORTATION, LODGING, AND OTHER SERVICES AND USE OF FACILITIES TO COMPLETE A CHILD'S WISH. FOR FINANCIAL STATEMENT PURPOSES, THESE AMOUNTS ARE INCLUDED AS CONTRIBUTION REVENUE AND GRANTED WISH EXPENSE. FOR FORM 990, HOWEVER, THE IRS REQUIRES THIS AMOUNT BE EXCLUDED FROM BOTH REVENUE AND EXPENSE. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL BE COMPOSED OF THE CHAIR, VICE-CHAIR, SECRETARY, CHAIR OF THE WISH GRANTING COMMITTEE, TREASURER AND, IF AVAILABLE, THE IMMEDIATE PAST CHAIR OF THIS CORPORATION. THIS COMMITTEE SHALL HAVE AND EXERCISE ALL OF THE AUTHORITY AND POWER OF THE BOARD OF DIRECTORS AS ALLOWED BY LAW TO ACT FOR THE BOARD OF DIRECTORS ON ALL MATTERS WHICH THE CHAIR DETERMINES CANNOT BE HELD OVER UNTIL THE NEXT MEETING OF THE BOARD, AND MAY DO SO WITHOUT THE REQUIREMENT OF MEETING TOGETHER. THE CHAIR WILL REPORT ACTIONS TAKEN BY THE EXECUTIVE COMMITTEE TO THE BOARD OF DIRECTORS AT THE NEXT MEETING OF THE BOARD SUBSEQUENT TO THE EXECUTIVE COMMITTEE MEETING. IN ADDITION TO MEETING ON MATTERS THE URGENCY OF WHICH CANNOT WAIT UNTIL THE NEXT MEETING OF THE BOARD OF DIRECTORS, THE EXECUTIVE COMMITTEE SHALL MEET AS FREQUENTLY AS IS NECESSARY ON ALL OTHER MATTERS OF THE CORPORATION, SUCH MEETINGS AUTHORIZED BY CORRESPONDENCE. THE BOARD OF DIRECTORS SHALL BE ADVISED AT THEIR NEXT MEETING OF THE EXECUTIVE COMMITTEE DELIBERATIONS. FORM 990, PART VI, SECTION A, LINE 4 ON JANUARY 15, 2025, MAKE-A-WISH FOUNDATION OF VERMONT AND MAKE-A-WISH FOUNDATION OF NORTHEAST NEW YORK COMPLETED A MERGER OF THEIR OPERATIONS. AS A RESULT OF THE MERGER, THE COMBINED ORGANIZATION HAS BEEN RENAMED MAKE-A-WISH FOUNDATION OF VERMONT & NORTHEAST NEW YORK. THROUGH THEIR MERGER, THE ORGANIZATIONS SEEK TO COMBINE RESOURCES AND BETTER SERVE CHILDREN WITH CRITICAL ILLNESSES IN THEIR COMBINED TERRITORY. THE INITIAL BOARD OF MAKE-A-WISH VERMONT & NORTHEAST NEW YORK CONSISTS OF EQUAL REPRESENTATION FROM THE MAKE-A-WISH FOUNDATION OF VERMONT AND MAKE-A-WISH FOUNDATION OF NORTHEAST NEW YORK BOARDS OF DIRECTORS. MAKE-A-WISH FOUNDATION OF VERMONT & NORTHEAST NEW YORK IS UTILIZING THE CARRYOVER METHOD OF ACCOUNTING. THE COMBINED BALANCES OF ASSETS, LIABILITIES, NET ASSETS, REVENUES AND EXPENSES OF MAKE-A-WISH FOUNDATION OF VERMONT AND MAKE-A-WISH FOUNDATION OF NORTHEAST NEW YORK AS OF JANUARY 14, 2025 ARE PRESENTED IN THE COMBINED STATEMENTS OF FINANCIAL POSITION OF MAKE-A-WISH FOUNDATION OF VERMONT AND MAKE-A-WISH FOUNDATION OF NORTHEAST NEW YORK AND THE RELATED COMBINED STATEMENTS OF ACTIVITIES, FUNCTIONAL EXPENSES AND CASH FLOWS FOR THE PERIOD SEPTEMBER 1, 2024 THROUGH JANUARY 14, 2025. THERE WERE NO MATERIAL TRANSACTIONS BETWEEN MAKE-A-WISH FOUNDATION OF VERMONT AND MAKE-A-WISH FOUNDATION OF NORTHEAST NEW YORK PRIOR TO THE MERGER, EXCEPT FOR MANAGEMENT FEE REVENUE AND EXPENSE TOTALING $60,000 AND RELATED RECEIVABLE AND PAYABLE OF $30,000 WHICH HAVE BEEN ELIMINATED IN THE ATTACHED COMBINED FINANCIAL STATEMENTS AND WRITTEN OFF UPON THE MERGER. THERE WERE NO MATERIAL ADJUSTMENTS TO CONFORM THE ACCOUNTING POLICIES OF THE COMBINING ORGANIZATIONS. FORM 990, PART VI, SECTION B, LINE 11B THE FOUNDATION WORKS WITH AN INDEPENDENT PUBLIC ACCOUNTING FIRM ENGAGED TO PREPARE THE RETURN. THE DRAFT RETURN PREPARED BY THE ACCOUNTING FIRM WILL BE REVIEWED BY THE FOUNDATION'S PRESIDENT & CEO. A COMPLETE COPY OF THE FINAL RETURN WILL BE PROVIDED TO ALL VOTING MEMBERS OF THE GOVERNING BOARD PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION MAINTAINS A CONFLICT OF INTEREST AND ETHICS STATEMENT AS PROVIDED BY THE MAKE-A-WISH FOUNDATION OF AMERICA FOR EACH OFFICER, EMPLOYEE, BOARD MEMBER, AND VOLUNTEER. SUCH STATEMENTS MUST BE SIGNED UPON DATE OF HIRE, ELECTION OR COMMENCEMENT OF VOLUNTEER SERVICE, AND AT LEAST ANNUALLY THEREAFTER. THE SIGNED STATEMENTS ARE THEN SUBMITTED TO AND REVIEWED BY THE DIRECTOR OF VOLUNTEER SERVICES IF THEY ARE FROM VOLUNTEERS, AND THE PRESIDENT & CEO IF THEY ARE FROM STAFF AND BOARD MEMBERS. REVIEW OF THE STATEMENTS IS MONITORED BY THE PRESIDENT & CEO. THE PROCEDURES FOR ADDRESSING ANY CONFLICTS OF INTEREST OF WHICH THE PRESIDENT & CEO BECOMES AWARE INCLUDES BUT ARE NOT LIMITED TO THE FOLLOWING (1) DETERMINING THE NATURE OF THE CONFLICT VIA VERBAL OR WRITTEN COMMUNICATION WITH THE INTERESTED PERSON, (2) FULLY DISCLOSING CONFLICTING INTERESTS TO THE BOARD, (3) THE CONFLICTED PERSON RECUSES HIMSELF/HERSELF FROM DELIBERATIONS AND DECISIONS REGARDING THE TRANSACTION, AND (4) TAKING APPROPRIATE ACTIONS WARRANTED BY THE CONFLICT AS RECOMMENDED BY THE BOARD UP TO AND INCLUDING TERMINATION OF SERVICE. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT & CEO'S COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS, CONSISTING OF INDEPENDENT PERSONS. IT IS REVIEWED AGAINST NATIONAL BENCHMARKING SALARY STUDIES, SURVEYS DONE EVERY FEW YEARS BY THE MAKE-A-WISH FOUNDATION OF AMERICA, AND BY LOCAL SALARY SURVEYS CONDUCTED BY STATE ORGANIZATIONS AND BY NATIONAL BENCHMARKING ORGANIZATIONS. THE BOARD'S DISCUSSION AND DECISIONS ARE CONTEMPORANEOUSLY DOCUMENTED. DOCUMENTATION INCLUDES THE TERMS OF THE TRANSACTION AND THE DATE IT WAS APPROVED, THE MEMBERS PRESENT DURING DELIBERATIONS AND THOSE WHO VOTED ON IT, AND THE COMPARABILITY DATA RELIED UPON AND HOW IT WAS OBTAINED. THE FOUNDATION DOES NOT HAVE OTHER OFFICERS WHO ARE COMPENSATED AND HAS NO EMPLOYEES WHO MEET THE DEFINITION OF KEY EMPLOYEES. THE SAME PROCESS LISTED ABOVE IS USED FOR OTHER STAFF MEMBERS, USING THE SAME INSTRUMENTS. SALARIES FOR STAFF, OTHER THAN THE PRESIDENT & CEO, ARE DECIDED BY THE PRESIDENT & CEO IN CONSULTATION WITH THE EMPLOYEE'S IMMEDIATE SUPERVISOR WITHIN LIMITS SET BY THE BOARD-APPROVED BUDGET. ALL SALARY INCREASES ARE BASED ON METRICS FROM PERFORMANCE REVIEWS. THE PROCESS WAS LAST UNDERTAKEN IN 2025. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: MERGER WITH NORTHEAST NEW YORK CHAPTER 4,502,812.