CHILDRENS HOPE ALLIANCE: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- CHILDRENS HOPE ALLIANCE (EIN 01-0653458)
- Tax period
- 2024-10-01 to 2025-09-30
- Filed
- 2026-07-14
- IRS object ID
- 202601959349300240
- Schema version
- 2024v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-07-14T11:35:39-04:00 | ReturnTs |
| Tax Period End | 2025-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 383828234 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CARTER P C | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 301 COLLEGE ST STE 320 | AddressLine1Txt |
| City | ASHEVILLE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 288012449 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 010653458 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHILDREN'S HOPE ALLIANCE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CHIL | BusinessNameControlTxt |
| Phone | 7048724157 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 194 BARIUM SPRINGS DR | AddressLine1Txt |
| City | STATESVILLE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28677 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KRISTA ZAPPIA | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 7044376526 | PhoneNum |
| Signature | 2026-07-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ALAN TOLER | PreparerPersonNm |
| PTIN | P01522061 | PTIN |
| Phone | 8282599900 | PhoneNum |
| Preparation | 2026-07-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | CELESTE DOMINGUEZ | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 194 BARIUM SPRINGS DR | AddressLine1Txt |
| City | STATESVILLE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28677 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $68,580,834 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.CHILDRENSHOPEALLIANCE.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2004 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | CHILDREN'S HOPE ALLIANCE FOUNDATION (CHAF) EXISTS TO FUND AND SUSTAIN THE MISSION OF CHILDREN'S HOPE ALLIANCE AND SUBSIDIARIES, PROVIDING TRAUMA- INFORMED THERAPEUTIC PROGRAMS, FOSTER CARE, AND EARLY INTERVENTION SERVICES FOR AT-RISK CHILDREN AND FAMILIES ACROSS NORTH CAROLINA. | ActivityOrMissionDesc |
| Voting Members Governing Body | 5 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 5 | VotingMembersIndependentCnt |
| Total Employee | 9 | TotalEmployeeCnt |
| Total Volunteers | 5 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $8,788,178 | PYContributionsGrantsAmt |
| CY Contributions Grants | $30,040,832 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,720,160 | PYInvestmentIncomeAmt |
| CY Investment Income | $3,153,354 | CYInvestmentIncomeAmt |
| PY Other Revenue | $26,343 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $10,534,681 | PYTotalRevenueAmt |
| CY Total Revenue | $33,194,186 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $4,093,974 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $538,837 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $434,170 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $771,348 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $192,327 | PYOtherExpensesAmt |
| CY Other Expenses | $337,178 | CYOtherExpensesAmt |
| PY Total Expenses | $4,825,138 | PYTotalExpensesAmt |
| CY Total Expenses | $771,348 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $5,709,543 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $32,422,838 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $80,541,570 | TotalAssetsBOYAmt |
| Total Assets EOY | $119,056,174 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $29,067 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $39,248 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $80,512,503 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $119,016,926 | NetAssetsOrFundBalancesEOYAmt |
| Mission | CHILDREN'S HOPE ALLIANCE (CHA) MISSION IS TO PROVIDE HOPE, HEALTH, AND HEALING FOR GENERATIONS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | CHILDREN'S HOPE ALLIANCE FOUNDATION (CHAF) IS THE ENDOWMENT-HOLDING AND FUNDRAISING ARM OF CHILDREN'S HOPE ALLIANCE (CHA), SERVING AT-RISK CHILDREN AND FAMILIES ACROSS NC. IN FY2025, CHAF RECEIVED 25,800,611 IN PROCEEDS FROM A LAND SALE OF HISTORIC PROPERTY, DIRECTED ENTIRELY TO THE PERMANENT ENDOWMENT FOR LONG-TERM MISSION SUSTAINABILITY. AS A TYPE I 509(A)(3) SUPPORTING ORGANIZATION, CHAF EXISTS SOLELY TO SUSTAIN CHA'S MISSION THROUGH DISCIPLINED ENDOWMENT STEWARDSHIP AND RELIABLE ANNUAL DISTRIBUTIONS. | Desc |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | false | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 1 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 9 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 5 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 5 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KRISTA ZAPPIA | PersonNm |
| Phone | 7048724157 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 194 BARIUM SPRINGS DR | AddressLine1Txt |
| City | STATESVILLE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28677 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| D PAUL DASCOLI | ||||||||
| CHAIR | 2.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| CAROLYN LEITH | ||||||||
| VICE CHAIR | 2.00 | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| BEN KLEIN | ||||||||
| TREASURER | 2.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JOHN DONOGHUE | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JIM RATCHFORD | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CELESTE DOMINGUEZ | ||||||||
| CEO | 2.00 | 38.00 | Yes (X) | $0 | $338,436 | $19,205 | ||
| SARAH GRAY | ||||||||
| CDO | 2.00 | 38.00 | $0 | $173,223 | $9,195 | Yes (X) | ||
| LAKISHA ROGERS-MARELLI | ||||||||
| CIO | 2.00 | 38.00 | $0 | $204,017 | $8,007 | Yes (X) | ||
| KEVIN ANDERS | ||||||||
| CCO | 2.00 | 38.00 | $0 | $195,750 | $15,461 | Yes (X) | ||
| KRISTA ZAPPIA | ||||||||
| CFO | 2.00 | 38.00 | Yes (X) | $0 | $179,873 | $13,293 | ||
| CARSON OJAMAA | ||||||||
| CSGO | 2.00 | 38.00 | $0 | $178,008 | $18,476 | Yes (X) | ||
| KIRSTEN SMITH | ||||||||
| CCPO | 2.00 | 38.00 | $0 | $173,875 | $14,967 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Reportable Comp Rltd Org | $1,443,182 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $98,604 | TotalOtherCompensationAmt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Info In Schedule O Part VIII | Yes (X) | InfoInScheduleOPartVIIIInd |
| Related Organizations | $27,731,106 | RelatedOrganizationsAmt |
| All Other Contributions | $2,309,726 | AllOtherContributionsAmt |
| Total Contributions | $30,040,832 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,138,199 | TotalRevenueColumnAmt |
| Exclusion | $3,138,199 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $35,401,803 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $35,386,648 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $15,155 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $15,155 | TotalRevenueColumnAmt |
| Exclusion | $15,155 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $33,194,186 | TotalRevenueColumnAmt |
| Exclusion | $3,153,354 | ExclusionAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $348,614 | TotalAmt |
| Fundraising | $348,614 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,549 | TotalAmt |
| Fundraising | $7,549 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,714 | TotalAmt |
| Fundraising | $51,714 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,293 | TotalAmt |
| Fundraising | $26,293 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45,325 | TotalAmt |
| Fundraising | $45,325 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $277,221 | TotalAmt |
| Fundraising | $277,221 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,904 | TotalAmt |
| Fundraising | $3,904 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,222 | TotalAmt |
| Fundraising | $9,222 | FundraisingAmt |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,506 | TotalAmt |
| Fundraising | $1,506 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $771,348 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $771,348 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $471,859 | BOYAmt |
| EOY | $342,502 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $573,264 | BOYAmt |
| EOY | $446,260 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,643 | BOYAmt |
| EOY | $6,249 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $79,032,722 | BOYAmt |
| EOY | $117,797,709 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $458,082 | BOYAmt |
| EOY | $463,454 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $80,541,570 | BOYAmt |
| EOY | $119,056,174 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,483 | BOYAmt |
| EOY | $30,297 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,584 | BOYAmt |
| EOY | $8,951 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,067 | BOYAmt |
| EOY | $39,248 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $74,342,980 | BOYAmt |
| EOY | $112,558,172 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,169,523 | BOYAmt |
| EOY | $6,458,754 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $80,512,503 | BOYAmt |
| EOY | $119,016,926 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $80,541,570 | BOYAmt |
| EOY | $119,056,174 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $32,422,838 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $6,081,585 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,464,410 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,958,340 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,934,124 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,788,178 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $30,040,832 | CurrentTaxYearAmt |
| Total | $55,185,884 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,464,410 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,958,340 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,934,124 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,788,178 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $30,040,832 | CurrentTaxYearAmt |
| Total | $55,185,884 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $578,585 | SubstantialContributorsTotAmt |
| Public Support Total170 | $54,607,299 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,793,413 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,499,800 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,649,523 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,964,019 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,138,199 | CurrentTaxYearAmt |
| Total | $11,044,954 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $675 | CurrentTaxYearMinus4YearsAmt |
| Total | $675 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $66,231,513 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $805,764 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.82450 | PublicSupportCY170Pct |
| Public Support PY170 | 0.70530 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II, LINE 10 | FormAndLineReferenceDesc |
| Explanation | MISCELLANEOUS INCOME 675 | ExplanationTxt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $72,191,489 | BeginningYearBalanceAmt |
| Contributions | $25,800,611 | ContributionsAmt |
| Investment Earnings Or Losses | $9,010,692 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,703,944 | OtherExpendituresAmt |
| Administrative Expenses | $158,537 | AdministrativeExpensesAmt |
| End Year Balance | $104,140,311 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $58,129,763 | BeginningYearBalanceAmt |
| Contributions | $7,130,129 | ContributionsAmt |
| Investment Earnings Or Losses | $11,404,365 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $4,366,353 | OtherExpendituresAmt |
| Administrative Expenses | $106,415 | AdministrativeExpensesAmt |
| End Year Balance | $72,191,489 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $53,860,318 | BeginningYearBalanceAmt |
| Contributions | $1,812,323 | ContributionsAmt |
| Investment Earnings Or Losses | $5,245,926 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,672,128 | OtherExpendituresAmt |
| Administrative Expenses | $116,676 | AdministrativeExpensesAmt |
| End Year Balance | $58,129,763 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $65,591,990 | BeginningYearBalanceAmt |
| Contributions | $70,981 | ContributionsAmt |
| Investment Earnings Or Losses | -$9,349,540 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,275,000 | OtherExpendituresAmt |
| Administrative Expenses | $178,113 | AdministrativeExpensesAmt |
| End Year Balance | $53,860,318 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $55,860,959 | BeginningYearBalanceAmt |
| Contributions | $545,067 | ContributionsAmt |
| Investment Earnings Or Losses | $10,606,780 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,250,000 | OtherExpendituresAmt |
| Administrative Expenses | $170,816 | AdministrativeExpensesAmt |
| End Year Balance | $65,591,990 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.95800 | BoardDesignatedBalanceEOYPct |
| Term Endowment Balance EOY | 0.04200 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $39,275,771 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $6,081,585 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $6,081,585 | RevenueNotReportedAmt |
| Revenue Subtotal | $33,194,186 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $33,194,186 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $771,348 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $771,348 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $771,348 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 2, PART V, LINE 4 | THE FOUNDATION'S ENDOWMENT SUPPORTS CHILDREN'S HOPE ALLIANCE'S MISSION OF TRAUMA-INFORMED CARE FOR AT-RISK CHILDREN AND FAMILIES. THE BOARD HAS ADOPTED A SPENDING POLICY AUTHORIZING ANNUAL DISTRIBUTIONS OF NO MORE THAN 4% OF THE TRAILING 5-YEAR AVERAGE ENDOWMENT MARKET VALUE, PRESERVING LONG- TERM PURCHASING POWER WHILE PROVIDING RELIABLE ANNUAL SUPPORT FOR DIRECT SERVICES. |
| SCHEDULE D, PAGE 3, PART X | CHA IS EXEMPT FROM FEDERAL INCOME TAX UNDER 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, CHA QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) (2). IT IS THE CHA'S POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A "MORE-LIKELY-THAN-NOT" THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN, AND WHAT, IF ANY, EFFECT THE UNCERTAIN TAX POSITION MAY HAVE ON THE FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED FOR THE 2024 OR 2023 TAX YEARS. CURRENTLY, THE STATUTE OF LIMITATIONS REMAINS OPEN SUBSEQUENT TO AND INCLUDING TAX YEAR 2021; HOWEVER, NO EXAMINATIONS ARE IN PROCESS OR ANTICIPATED. ANY CHANGES IN THE AMOUNT OF A TAX POSITION WILL BE RECOGNIZED IN THE PERIOD THE CHANGE OCCURS. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)
| TitleTitleTxt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt |
|---|---|---|---|---|
| CELESTE DOMINGUEZ | ||||
| CEO | $338,436 | $11,502 | $7,703 | $357,641 |
| SARAH GRAY | ||||
| CDO | $173,223 | $9,195 | $182,418 | |
| LAKISHA ROGERS-MARELLI | ||||
| CIO | $204,017 | $8,007 | $212,024 | |
| KEVIN ANDERS | ||||
| CCO | $195,750 | $7,758 | $7,703 | $211,211 |
| KRISTA ZAPPIA | ||||
| CFO | $179,873 | $2,184 | $11,109 | $193,166 |
| CARSON OJAMAA | ||||
| CSGO | $178,008 | $7,580 | $10,896 | $196,484 |
| KIRSTEN SMITH | ||||
| CCPO | $173,875 | $7,264 | $7,703 | $188,842 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE J, PART III | FormAndLineReferenceDesc |
| Explanation | COMPENSATION FOR THE PRESIDENT/CEO IS REVIEWED AND APPROVED BY THE PARENT BOARD OF CHILDREN'S HOPE ALLIANCE, CONVENED IN EXECUTIVE SESSION AND COMPRISED OF INDEPENDENT PARENT BOARD MEMBERS WITH NO FINANCIAL INTEREST IN THE COMPENSATION ARRANGEMENT UNDER REVIEW. THE PARENT BOARD'S REVIEW IS INFORMED BY AN INDEPENDENT THIRD-PARTY SALARY STUDY CONDUCTED EVERY OTHER YEAR, BENCHMARKING COMPENSATION AGAINST COMPARABLE POSITIONS AT SIMILARLY- SIZED NONPROFIT ORGANIZATIONS. THE PRESIDENT/CEO RECUSES FROM DELIBERATIONS REGARDING THEIR OWN SALARY, WHICH ARE LED BY THE BOARD CHAIR. BONUS CONSIDERATION FOR THE PRESIDENT/CEO AND OTHER OFFICERS IS ALSO BROUGHT TO THE PARENT BOARD IN EXECUTIVE SESSION FOR REVIEW AND APPROVAL. COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES IS BENCHMARKED USING THE SAME INDEPENDENT THIRD-PARTY SALARY STUDY AND DETERMINED BY THE PRESIDENT/CEO UNDER AUTHORITY DELEGATED BY THE PARENT BOARD. COMPENSATION DECISIONS ARE DOCUMENTED IN THE PARENT BOARD'S EXECUTIVE SESSION MEETING RECORDS. THIS PROCESS IS INTENDED TO SATISFY THE REQUIREMENTS FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS UNDER TREASURY REGULATION 53.4958-6 WITH RESPECT TO THE PRESIDENT/CEO'S COMPENSATION. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 | CONSOLIDATED ORGANIZATIONAL STRUCTURE OF CHILDREN'S HOPE ALLIANCE CHILDREN'S HOPE ALLIANCE (CHA) IS A NC NONPROFIT CORPORATION SERVING AS THE PARENT AND PUBLIC BRAND OF A FAMILY OF AFFILIATED 501(C)(3) ENTITIES THAT TOGETHER FORM ONE OF NC'S OLDEST AND LARGEST PROVIDERS OF SERVICES FOR AT- RISK CHILDREN AND FAMILIES. THE CONSOLIDATED FAMILY HAS A 130+ YEAR HISTORY ROOTED IN TRADITION, TRACING BACK TO THE 1891 FOUNDING OF THE PRESBYTERIAN HOME FOR CHILDREN AT BARIUM SPRINGS AND THE FOUNDING OF GRANDFATHER HOME FOR CHILDREN IN BANNER ELK. THE TWO HISTORICAL ENTITIES MERGED IN 2011 TO FORM CHILDREN'S HOPE ALLIANCE. THE CONSOLIDATED FAMILY IS COMPOSED OF FIVE AFFILIATED ENTITIES, EACH WITH A DISTINCT FUNCTION: A.PARENT ENTITY- CHILDREN'S HOPE ALLIANCE (CHA): CHA SERVES AS THE PARENT CORPORATION AND UNIFIED PUBLIC BRAND FOR THE CONSOLIDATED ORGANIZATION. CHA HOLDS THE PRIMARY GOVERNANCE, STRATEGIC, AND PUBLIC IDENTITY. B.LICENSED OPERATING ENTITY- BARIUM SPRINGS HOME FOR CHILDREN (BSHC): ALL DIRECT PROGRAMMATIC SERVICES INCLUDING TRAUMA-INFORMED THERAPEUTIC PROGRAMS, FOSTER CARE, AND EARLY INTERVENTION SERVICES, ARE DELIVERED THROUGH BSHC, WHICH HOLDS THE STATE LICENSURE, ACCREDITATION, AND CONTRACTUAL AUTHORIZATIONS REQUIRED TO PROVIDE BEHAVIORAL HEALTH AND CHILD WELFARE SERVICES IN NC. BSHC EMPLOYS THE ORGANIZATION'S CLINICAL AND PROGRAMMATIC STAFF AND SERVES OVER 7,500 CHILDREN AND FAMILIES ANNUALLY ACROSS 63 NC COUNTIES. C.ENDOWMENT AND FUNDRAISING ARM- CHILDREN'S HOPE ALLIANCE FOUNDATION (CHAF): CHAF IS A TYPE I SUPPORTING ORGANIZATION UNDER 509(A)(3) THAT HOLDS AND STEWARDS THE CONSOLIDATED ORGANIZATION'S ENDOWMENT AND CONDUCTS MAJOR FUNDRAISING ACTIVITY. CHAF OPERATES UNDER A BOARD-APPROVED SPENDING POLICY AUTHORIZING ANNUAL DISTRIBUTIONS OF NO MORE THAN 4% OF THE TRAILING FIVE-YEAR AVERAGE ENDOWMENT MARKET VALUE TO FUND DIRECT SERVICES. DESPITE ITS NAME, CHAF IS NOT A PRIVATE FOUNDATION, IT IS A PUBLICLY SUPPORTED 501(C)(3) ORGANIZATION OPERATING AS A SUPPORTING ORGANIZATION OF CHA. D.LEGACY TRUST ENTITY- GRANDFATHER HOME FOR CHILDREN (GFHC): GFHC IS A TYPE II SUPPORTING ORGANIZATION UNDER 509(A)(3) THAT IS MAINTAINED AS A SEPARATE LEGAL ENTITY BECAUSE IT IS THE NAMED BENEFICIARY OF PERPETUAL CHARITABLE TRUST INCOME ESTABLISHED BY HISTORICAL DONORS. PRESERVING GFHC HONORS DONOR INTENT AND ENSURES CONTINUED TRUST INCOME FOR THE CONSOLIDATED MISSION. GFHC HAS NO EMPLOYEES AND CONDUCTS NO DIRECT PROGRAMS; IT DISTRIBUTES INVESTMENT INCOME TO ITS SUPPORT ORGANIZATIONS. E.PROPERTY-HOLDING ENTITY- PROPERTIES FOR CHILDREN (PFC): PFC HOLDS AND MANAGES ALL REAL PROPERTY OWNED BY THE CONSOLIDATED ORGANIZATION, INCLUDING THE HISTORIC BARIUM SPRINGS CAMPUS AND OTHER REAL ESTATE USED IN SUPPORT OF THE MISSION. SEGREGATING REAL PROPERTY IN A SEPARATE LEGAL ENTITY PROVIDES LIABILITY PROTECTION, FACILITATES PROPERTY MANAGEMENT, AND PRESERVES OPTIONAL FLEXIBILITY FOR FUTURE USE. ALL FIVE ENTITIES ARE INCLUDED IN THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS PREPARED ANNUALLY BY THE ORGANIZATION'S INDEPENDENT CPA FIRM. THE ENTITIES SHARE OVERLAPPING BOARD AND EXECUTIVE LEADERSHIP TO ENSURE UNIFIED MISSION FOCUS, OPERATIONAL EFFICIENCY, AND CONSISTENT GOVERNANCE. |
| FORM 990, PAGE 6, PART VI, LINE 6 | CHILDREN'S HOPE ALLIANCE, A RELATED NONPROFIT CORPORATION, IS THE SOLE MEMBER. |
| FORM 990, PAGE 6, PART VI, LINE 7A | THE TRUSTEES SHALL BE APPOINTED BY A RESOLUTION OF THE BOARD OF DIRECTORS OF CHILDREN'S HOPE ALLIANCE AND SHALL ASSUME OFFICE AS OF THE FIRST DAY OF THE NEXT CALENDAR YEAR. EACH TRUSTEE SHALL HOLD OFFICE UNTIL THE FIRST OF THE FOLLOWING TO OCCUR: UNTIL HIS OR HER SUCCESSOR SHALL HAVE BEEN DULY APPOINTED AND SHALL HAVE QUALIFIED; OR UNTIL HIS OR HER DEATH, OR UNTIL HE OR SHE SHALL RESIGN IN WRITING; OR UNTIL HE OR SHE SHALL HAVE BEEN REMOVED IN THE MANNER HEREINAFTER PROVIDED. |
| FORM 990, PAGE 6, PART VI, LINE 7B | THE PARENT CORPORATION, CHILDREN'S HOPE ALLIANCE, SHALL HAVE AND EXERCISE THE FOLLOWING RESERVE POWERS: (1) TO APPOINT OR REMOVE TRUSTEES; (2) TO APPROVE AMENDMENTS TO THE ARTICLES OF INCORPORATION OR BYLAWS OF THE CORPORATION; (3) TO APPOINT OR REMOVE THE MANAGING DIRECTOR; (4) TO APPROVE ALL ANNUAL BUDGETS AND AUDITED FINANCIAL STATEMENTS AND TO APPROVE ANY DEFICIT BUDGET; (5) TO RECEIVE ANNUAL AUDITS, INTERVIEW THE AUDITOR, AND APPROVE FORM 990 RETURNS BEFORE THEY ARE FILED; (6) TO CONSENT, IN WRITING, TO ALL DECISIONS OF THE BOARD MADE AT REGULAR AND SPECIAL MEETINGS, WHICH CONSENT SHALL NOT BE UNREASONABLY WITHHELD; (7) TO APPROVE THE CONSTRUCTION OF ANY NEW OR THE ALTERATION OF ANY EXISTING FACILITY INVOLVING AN EXPENDITURE OF 200,000 OR MORE; (8) TO SELL, MORTGAGE, PLEDGE OR ALIENATE ALL OR ANY PART OF THE REAL ESTATE OR SUBSTANTIALLY ALL OF THE OTHER ASSETS OF THE CORPORATION; (9) TO DISSOLVE THE CORPORATION AND (10) TO SPECIFY THE DISTRIBUTEE OF ITS ASSETS. |
| FORM 990, PAGE 6, PART VI, LINE 11B | A COMPLETE COPY OF THE DRAFT FORM 990 IS PREPARED BY THE ORGANIZATION'S OUTSIDE CPA FIRM (CARTER, P.C.), REVIEWED BY THE CFO, AND PROVIDED TO ALL MEMBERS OF THE FINANCE COMMITTEE AND FULL BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. |
| FORM 990, PAGE 6, PART VI, LINE 12C | INTERNAL CONTROLS OVER FINANCIAL REPORTING ENSURE THAT CONFLICTS OF INTEREST DO NOT EXIST. |
| FORM 990, PAGE 6, PART VI, LINE 15A | COMPENSATION FOR THE PRESIDENT/CEO IS REVIEWED AND APPROVED BY THE PARENT BOARD OF CHILDREN'S HOPE ALLIANCE, CONVENED IN EXECUTIVE SESSION AND COMPRISED OF INDEPENDENT PARENT BOARD MEMBERS WITH NO FINANCIAL INTEREST IN THE COMPENSATION ARRANGEMENT UNDER REVIEW. THE PARENT BOARD'S REVIEW IS INFORMED BY AN INDEPENDENT THIRD-PARTY SALARY STUDY CONDUCTED EVERY OTHER YEAR, BENCHMARKING COMPENSATION AGAINST COMPARABLE POSITIONS AT SIMILARLY- SIZED NONPROFIT ORGANIZATIONS. THE PRESIDENT/CEO RECUSES FROM DELIBERATIONS REGARDING THEIR OWN SALARY, WHICH ARE LED BY THE BOARD CHAIR. BONUS CONSIDERATION FOR THE PRESIDENT/CEO AND OTHER OFFICERS IS ALSO BROUGHT TO THE PARENT BOARD IN EXECUTIVE SESSION FOR REVIEW AND APPROVAL. COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES IS BENCHMARKED USING THE SAME INDEPENDENT THIRD-PARTY SALARY STUDY AND DETERMINED BY THE PRESIDENT/CEO UNDER AUTHORITY DELEGATED BY THE PARENT BOARD. COMPENSATION DECISIONS ARE DOCUMENTED IN THE PARENT BOARD'S EXECUTIVE SESSION MEETING RECORDS. THIS PROCESS IS INTENDED TO SATISFY THE REQUIREMENTS FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS UNDER TREASURY REGULATION 53.4958-6 WITH RESPECT TO THE PRESIDENT/CEO'S COMPENSATION. |
| FORM 990, PAGE 6, PART VI, LINE 15B | COMPENSATION FOR THE PRESIDENT/CEO IS REVIEWED AND APPROVED BY THE PARENT BOARD OF CHILDREN'S HOPE ALLIANCE, CONVENED IN EXECUTIVE SESSION AND COMPRISED OF INDEPENDENT PARENT BOARD MEMBERS WITH NO FINANCIAL INTEREST IN THE COMPENSATION ARRANGEMENT UNDER REVIEW. THE PARENT BOARD'S REVIEW IS INFORMED BY AN INDEPENDENT THIRD-PARTY SALARY STUDY CONDUCTED EVERY OTHER YEAR, BENCHMARKING COMPENSATION AGAINST COMPARABLE POSITIONS AT SIMILARLY- SIZED NONPROFIT ORGANIZATIONS. THE PRESIDENT/CEO RECUSES FROM DELIBERATIONS REGARDING THEIR OWN SALARY, WHICH ARE LED BY THE BOARD CHAIR. BONUS CONSIDERATION FOR THE PRESIDENT/CEO AND OTHER OFFICERS IS ALSO BROUGHT TO THE PARENT BOARD IN EXECUTIVE SESSION FOR REVIEW AND APPROVAL. COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES IS BENCHMARKED USING THE SAME INDEPENDENT THIRD-PARTY SALARY STUDY AND DETERMINED BY THE PRESIDENT/CEO UNDER AUTHORITY DELEGATED BY THE PARENT BOARD. COMPENSATION DECISIONS ARE DOCUMENTED IN THE PARENT BOARD'S EXECUTIVE SESSION MEETING RECORDS. THIS PROCESS IS INTENDED TO SATISFY THE REQUIREMENTS FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS UNDER TREASURY REGULATION 53.4958-6 WITH RESPECT TO THE PRESIDENT/CEO'S COMPENSATION. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S ADMINISTRATIVE OFFICES. |
| FORM 990, PART VII | CLASSIFICATION (PART VII, SECTION A): OFFICERS REPORTED IN PART VII INCLUDE INDIVIDUALS NAMED AS OFFICERS IN CHAF'S BYLAWS AND ELECTED BY THE BOARD, ALONG WITH THE ORGANIZATION'S TOP MANAGEMENT AND TOP FINANCIAL OFFICIALS. CHAF IS A TYPE I SUPPORTING ORGANIZATION UNDER 509(A)(3). OFFICERS AND KEY EMPLOYEES ARE COMPENSATED BY CHILDREN'S HOPE ALLIANCE (CHA), THE PARENT ORGANIZATION, WITH AMOUNTS REPORTED IN COLUMN (E). CHAF'S DIRECTLY EMPLOYED FUNDRAISING STAFF DID NOT EXCEED THE 100,000 THRESHOLD FOR HIGHEST COMPENSATED EMPLOYEE DISCLOSURE. |
| FORM 990, PART VIII | EXPLANATION OF MATERIAL INCREASE IN CONTRIBUTIONS THE SIGNIFICANT INCREASE IN CONTRIBUTIONS OVER THE PRIOR YEAR REFLECTS A ONE-TIME, NON-RECURRING TRANSFER 25,800,611 IN PROCEEDS FROM THE SALE OF THE PROPERTY. THE BOARD OF DIRECTORS DESIGNATED THESE PROCEEDS TO THE FOUNDATION'S BOARD-DESIGNATED ENDOWMENT. THESE FUNDS ARE INVESTED FOR LONG-TERM GROWTH AND ARE NOT AVAILABLE FOR CURRENT OPERATIONS. ADDITIONAL CONTRIBUTIONS FROM RELATED ORGANIZATIONS DURING THE YEAR SUPPORT ONGOING ENDOWMENT GROWTH. DISTRIBUTIONS TO PROGRAMS ARE GOVERNED BY THE BOARD'S SPENDING POLICY, WHICH AUTHORIZES ANNUAL DISTRIBUTIONS OF NO MORE THAN 4% OF THE ENDOWMENT'S 5-YEAR ROLLING AVERAGE. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CHILDREN'S HOPE ALLIANCE | |||||||||||
| 194 BARIUM SPRINGS DR | STATESVILLE | NC | 28677 | 383672492 | SUPPORT | NC | 501C3 | 12C | N/A | false | |
| GRANDFATHER HOME FOR CHILDREN INC | |||||||||||
| 194 BARIUM SPRINGS DR | STATESVILLE | NC | 28677 | 560529975 | SUPPORT | NC | 501C3 | 12B | false | CHA | |
| PROPERTIES FOR CHILDREN | |||||||||||
| 194 BARIUM SPRINGS DR | STATESVILLE | NC | 28677 | 200704904 | SUPPORT | NC | 501C3 | 12B | false | CHA | |
| BARIUM SPRINGS HOME FOR CHILDREN | |||||||||||
| 194 BARIUM SPRINGS DR | STATESVILLE | NC | 28677 | 560529993 | SERVICES | NC | 501C3 | 7 | false | CHA | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (true) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (true) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| GRANDFATHER HOME FOR CHILDREN | ||
| C | $555,546 | INTERCOMPANY |
| BARIUM SPRINGS HOME FOR CHILDREN | ||
| C | $25,328,118 | INTERCOMPANY |
| PROPERTIES FOR CHILDREN | ||
| C | $1,847,442 | INTERCOMPANY |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE R | FormAndLineReferenceDesc |
| Explanation | EXPLANATION OF TYPE I SUPPORTING ORGANIZATION STRUCTURE CHILDREN'S HOPE ALLIANCE FOUNDATION (CHAF) IS A TYPE I SUPPORTING ORGANIZATION UNDER 509(A)(3), OPERATED EXCLUSIVELY FOR THE BENEFIT OF CHILDREN'S HOPE ALLIANCE AND ITS AFFILIATED ENTITIES. CHAF HOLDS AND INVESTS THE FOUNDATION'S ENDOWMENT AND CONDUCTS FUNDRAISING ACTIVITIES; BARIUM SPRINGS DELIVERS ALL DIRECT PROGRAMMATIC SERVICES. | ExplanationTxt |
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