2024-12-24T08:33:14-06:00 2024-06-30 371206530 SCHEFFEL BOYLE 322 STATE ST ALTON IL 620026135 990 2023-07-01 370765971 BEVERLY FARM FOUNDATION BEVE 6184660367 6301 HUMBERT ROAD GODFREY IL 62035 CRYSTAL OFFICER CEO 6184660367 2024-12-19 1 1 KATHLEEN FITZGERALD CPA P00009184 6184654288 2024-12-18 2023 2024-10-15 13:58:12Z 6301 HUMBERT ROAD GODFREY IL 62035 29149354 0 1 X BEVERLYFARM.ORG X 1957 IL TO PROVIDE RESIDENTIAL AND TRAINING OPTIONS FOR PERSONS WITH DEVELOPMENTAL DISABILITIES. 10 10 536 125 11671 0 2015722 2731521 21503692 23252377 1077688 2292172 314236 873284 24911338 29149354 0 0 0 0 14831603 16331221 0 0 566628 13313735 13901758 28145338 30232979 -3234000 -1083625 35299388 39841923 9011613 13229918 26287775 26612005 TO PROVIDE RESIDENTIAL AND TRAINING OPTIONS FOR PERSONS WITH DEVELOPMENTAL DISABILITIES. 0 0 21647760 MEDICAL AND EDUCATIONAL CARE OF APPROXIMATELY 400 DEVELOPMENTALLY AND PHYSICALLY DISABLED PERSONS 21647760 1 1 0 1 0 0 0 0 1 0 1 1 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 26 0 1 536 1 1 1 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IL X X JARROD ECKARD 6184660367 6301 HUMBERT ROAD GODFREY IL 62035 X BRIAN ROSE DIRECTOR 2.00 X 0 0 0 BIANCA JACKSON DIRECTOR 2.00 X 0 0 0 JIM PARDIKES CHAIR/TREASURER 10.00 X 0 0 0 BONNI BURNS SCHUETTE DIRECTOR 5.00 X 0 0 0 NEVILLE BILIMORIA DIRECTOR 2.00 X 0 0 0 MOLLY MILLIS DIRECTOR 2.00 X 0 0 0 ALISON MOWERYEMILY FRIEND DIRECTOR 2.00 X 0 0 0 SHARON BYERS VICE CHAIRMAN 5.00 X 0 0 0 CHARLENE SPICELAND DIRECTOR 2.00 X 0 0 0 MARK SOFTY DIRECTOR 2.00 X 0 0 0 TAYLOR JUSTICE CHIEF DEVELOPMENT OFFICER 50.00 9.00 X 140415 0 0 REBECCA MUMMA CONTROLLER 45.00 11.00 X 111279 0 0 CRYSTAL OFFICER CHIEF EXECUTIVE OFFICER 50.00 9.00 X 259330 0 0 511024 0 0 3 0 1 0 CAREERSTAFF UNLIMITED LLC 6333 STATE HWY 161 IRVING TX 75038 RECRUITER/STAFFING 1358347 INTEGRITY NURSE STAFFING LLC 1324 TROY ROAD EDWARDSVILLE IL 62035 STAFFING 652362 DUANE MORRIS LLP 190 S LASALLE ST CHICAGO IL 60603 LEGAL FEES 532390 MEYER JENSON PC 2010 STATE ST ALTON IL 62002 LEGAL FEES 500000 FAVORITE HEALTHCARE STAFFING 9800 METCALF AVE OVERLAND PARK KS 66212 STAFFING 488988 9 249017 2482504 15456 2731521 TUITION AND FEES 611600 23252377 23252377 23252377 1211253 1211253 1079904 1015 0 0 1079904 1015 1080919 1080919 608101 0 608101 608101 COFFEE SHOP 722515 153995 153995 THRIFT SHOP SALES 459510 48302 11671 36631 INSURANCE CLAIMS 623000 34147 34147 28739 12696 16043 265183 29149354 23299220 11671 3106942 511024 511024 12931781 10075274 2535985 320522 1830734 1230864 537806 62064 1057682 839599 196312 21771 408030 408030 422410 422410 796078 524950 212215 58913 679148 242038 407319 29791 58704 31196 27436 72 61233 4207 53300 3726 243451 228428 15023 989233 372349 642938 -26054 748941 709138 28565 11238 OUTSIDE PROF. SERVICES 5705860 4787557 915821 2482 FOOD & DIETARY SUPPLIES 997734 994363 2561 810 ACCRUED LEGAL SETTLEMEN 925000 925000 CREDIT LOSS 752945 752945 1112991 343828 687870 81293 30232979 21647760 8018591 566628 2358521 3844827 74427 100135 2790395 4833012 112382 211843 859481 285969 33476616 27507909 6497964 5968707 1898618 2592825 20707600 22004605 35299388 39841923 819315 825589 512567 450721 5325963 4797784 2353768 7155824 9011613 13229918 X 4637363 4287587 21650412 22324418 26287775 26612005 35299388 39841923 X -1083625 422265 985590 X X 0 1 X 1 1 1 X 26188643 28800585 44643884 23519414 26591999 149744525 26188643 28800585 44643884 23519414 26591999 149744525 16461495 133283030 27838 18517 6290 1085274 1211253 2349172 139719 164695 168988 234792 265183 973377 153067074 0.87070 0.87390 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1000000 1000000 1000000 1000000 4000000 6000000 12262 7000 3012 8622 30896 250000 250000 250000 250000 1000000 1500000 6095 7000 3012 5000 21107 PART I-A, LINE 1: BEVERLY FARM FOUNDATION PAYS DUES TO AN ASSOCIATION FOR NURSING HOMES AND AN ASSOCIATION FOR DEVELOPMENTALLY DISABLED AND REHABILITATION FACILITIES. A PORTION OF THESE DUES WERE FOR LOBBYING ACTIVITIES. 0 1 X 20571303 2139366 985590 21725079 21104659 554581 1631988 2719925 20571303 23981259 7784 -2081796 741056 61532 21104659 18334348 2604649 4032132 833652 156218 23981259 18695438 31936 904835 1160008 137853 18334348 0.90000 0.10000 0 1 1 85843 85843 21922117 17056629 4865488 2948283 2627631 320652 8520373 7823649 696724 5968707 INVESTMENT IN CILA 1204987 C INVESTMENT HELD BY BOND TRUSTEE 1014405 C OTHER INVESTMENT 124416 C GRANT RECEIVABLE 249017 C 2592825 BENEFICIAL INT IN CHARITABLE TRUST HELD BY OTHERS 21594106 FINANCE LEASE NET OF AMORT 410499 22004605 ACCRUED LIABILITIES 145466 ACCRUED PAYROLL 1490621 ACCRUED LEGAL SETTLEMENT 925000 DUE TO RELATED ENTITIES 4196875 FINANCE LEASES PAYABLE 397862 7155824 X 29571619 422265 422265 29149354 0 29149354 30232979 0 30232979 0 30232979 PART IV, LINE 2B: RESIDENTS' SAVINGS ACCOUNTS AMOUNTED TO $450,721 AT 6/30/2024. THE ACCOUNTS ARE INCLUDED ON THE BALANCE SHEET AS AN ASSET WITH AN ASSOCIATED CUSTODIAL ACCOUNT LIABILITY TO OFFSET. PART V, LINE 4: BEVERLY FARM ENDOWMENT FUND INC (A RELATED ORG) HOLDS QUASI-ENDOWMENT FUNDS FOR THE SUPPORT (SPECIFICALLY LONG TERM PROJECTS) OF BEVERLY FARM FOUNDATION. PART X, LINE 2: ACCOUNTING STANDARDS CODIFICATION TOPIC 740 PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. TOPIC 740 DEVELOPED A TWO-STEP PROCESS TO EVALUATE A TAX POSITION AND ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. THE ORGANIZATION HAS NOT RECORDED A RESERVE FOR ANY TAX POSITIONS FOR WHICH THE ULTIMATE DEDUCTIBILITY IS HIGHLY CERTAIN BUT FOR WHICH THERE IS UNCERTAINTY ABOUT THE TIMING OF SUCH DEDUCTIBILITY. THE ORGANIZATION FILES TAX RETURNS IN ALL APPROPRIATE JURISDICTIONS. THE OPEN TAX YEARS ARE THOSE YEARS ENDED JUNE 30, 2021 THROUGH JUNE 30, 2024. THE TAX RETURN FOR THE YEAR ENDED JUNE 30, 2024 HAS NOT BEEN FILED AS OF THE DATE OF THIS REPORT. AS OF JUNE 30, 2024 AND 2023, THE ORGANIZATION HAS NO RECORDED LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE ORGANIZATION RECOGNIZES INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS AS INTEREST EXPENSE AND PENALTIES AS INCURRED. NO SUCH EXPENSE WAS RECOGNIZED FOR THE YEARS ENDED JUNE 30, 2024 AND 2023. X X 0 0 0 0 0 0 0 0 0 CRYSTAL OFFICER CHIEF EXECUTIVE OFFICER 259330 0 0 0 0 0 0 0 0 0 259330 0 0 0 OTHER REVENUE: COFFEE SHOP, BAKERY, TACK SHOP BEVERLY FARM STARTED A COFFEE SHOP IN 2008. THE COFFEE SHOP/BAKERY IS ON THE EMPLOYER PREMISES AND IS PRIMARILY FOR THE CONVENIENCE OF STAFF, CLIENTS AND VISITORS TO BEVERLY FARM. THE COFFEE SHOP IS ALSO AN OUTLET FOR THE BUSY BEE BAKERY ITEMS (MADE BY DISABLED CLIENTS OF BEVERLY FARM AS PART OF THEIR TRAINING THERAPY). GROSS RECEIPTS FOR THE SALE OF COFFEE AND BAKERY ITEMS FOR FYE 6/30/24 WERE $153,995. THE SALE OF BUSY BEE BAKERY ITEMS MADE BY THE CLIENTS OF BEVERLY FARM AS PART OF THEIR REHABILITATION THERAPY DOES NOT CONSTITUTE UNRELATED BUSINESS INCOME AND THE SALE OF COFFEE (FRUIT AND YOGURT)ON PREMISES FOR THE CONVENIENCE OF THE EMPLOYER DOES NOT CONSTITUTE UNRELATED BUSINESS INCOME. IN ADDITION, THE COFFEE SHOP IS A FAVORITE PLACE FOR BEVERLY FARM RESIDENTS WITH DISABILITIES TO MEET AND SOCIALIZE INDEPENDENTLY WITH THEIR FRIENDS AND FAMILY IN A SAFE ENVIRONMENT AND IN CLOSE PROXIMITY TO THEIR RESIDENCES. HORSE TACK SHOP WAS NEW IN FYE 6/30/20. THE INTENT WAS TO USE THIS SMALL TACK SHOP (LOCATED ON CAMPUS) AS A SOURCE OF TRAINING THERAPY FOR RESIDENTS INVOLVED IN THE EQUESTRIAN THERAPY PROGRAM BUT COVID MADE THAT DIFFICULT. TACK SHOP GROSS SALES FOR FYE 6/30/24 WERE $48,302. SHOP ALSO SERVES AS A DISPLAY FOR ART AND CRAFTS CREATED BY RESIDENTS. FORM 990, PART VI, SECTION B, LINE 11B LINE 11A EXPLANATION - FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR, THE CHIEF FINANCIAL OFFICER AND THE BOARD OF DIRECTORS BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD, OFFICERS AND KEY EMPLOYEES REPORT ANY POTENTIAL CONFLICTS OF INTEREST. THE BOARD AND OUTSIDE LEGAL COUNSEL MEET PERIODICALLY TO REVIEW THE POLICY AND RESOLVE ANY POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15A BYLAWS STATE THAT COMPENSATION OF EXEC DIRECTOR GETS REVIEWED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 TAX RETURNS AND FINANCIALS ARE AVAILABLE UPON REQUEST. SOME POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE ON BEVERLY FARM'S WEBSITE. POLICIES ARE ALSO AVAILABLE IN THE EMPLOYEE'S CODE OF CONDUCT MANUAL. BUSINESS TRANSACTION INTERESTED PERSONS NICHOLAS LYNN AND NEVILLE BILIMORIA ARE BOARD MEMBERS OF BEVERLY FARM FOUNDATION AND ALSO PARTNERS WITH DUANE MORRIS LLP LAW FIRM IN CHICAGO. THE LAW FIRM IS PAID FOR LEGAL SERVICES BY BEVERLY FARM FOUNDATION. MR LYNN AND MR BILIMORIA ARE NOT COMPENSATED AS BOARD MEMBERS. FORM 990, PART XI, LINE 9: TRANSFER OF PROPERTY ACQUISITIONS 985,590. PART XII, LINE 2C COMMITTEE FOR OVERSIGHT OF AUDIT: PROCESS HAS NOT CHANGED SINCE PRIOR YEAR. BEVERLY FARM ASSOCIATION 6301 HUMBERT ROAD GODFREY IL 62035 371237369 CARING FOR DISABLED IL 501(C)(3) LINE 12A, I 0 BEVERLY FARM ENDOWMENT FUND 6301 HUMBERT ROAD GODFREY IL 62035 371237368 CARING FOR DISABLED IL 501(C)(3) LINE 7 0 BEVERLYFARM LIVING OPTIONS INC 6301 HUMBERT ROAD GODFREY IL 62035 454247023 CARING FOR DISABLED IL 501(C)(3) LINE 7 0 0 1 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 BEVERLY FARM ASSOCIATION M 3121 ALLOCATION BEVERLY FARM ASSOCIATION N 4945 ALLOCATION BEVERLY FARM ASSOCIATION L 12000 ALLOCATION BEVERLY FARM LIVING OPTIONS - INVESTMENT IN B 1204987 FINANCIAL STMT BEVERLY FARM ASSOCIATION C 789391 FINANCIAL STMT BEVERLY FARM LIVING OPTIONS - INVESTMENT IN C 1907484 FINANCIAL STMT BEVERLY FARM ENDOWMENT FUND C 1500000 FINANCIAL STMT