2024-05-09T15:24:03-05:00 2023-08-31 410746749 CLIFTONLARSONALLEN LLP 20 EAST THOMAS ROAD SUITE 2300 PHOENIX AZ 85012 990 2022-09-01 112645641 MAKE-A-WISH FOUNDATION OF METRO NEW YORK AND WESTERN NEW YORK MAKE 2129579474 500 5TH AVENUE 2900 NEW YORK NY 101102999 WHITNEY REICHENBACKER VIGGIANO CHIEF FINANCIAL OFFICER 2129579474 2024-05-08 1 WHITNEY REICHENBACKER VIGGIA 999009999 0 MELISSA HANGSLEBEN P02087031 6022662248 2024-05-08 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z PHILIP LUSSIER 500 5TH AVENUE 2900 NEW YORK NY 101102999 21532999 0 X WISH.ORG/NEWYORK X 1983 NY CREATES LIFE CHANGING WISHES FOR CHILDREN WITH CRITICAL ILLNESSES. 21 21 70 1088 0 0 12488850 12941442 85850 164175 980350 313899 2278194 -618102 15833244 12801414 3003054 5825517 0 0 5445007 6589310 0 0 2688478 2625849 2861799 11073910 15276626 4759334 -2475212 24158841 28756206 1696703 3488202 22462138 25268004 X THE MAKE-A-WISH FOUNDATION OF METRO NEW YORK AND WESTERN NEW YORK IS A NEW YORK NONPROFIT CORPORATION, ORGANIZED FOR THE PURPOSE OF CREATING LIFE-CHANGING WISHES FOR CHILDREN WITH CRITICAL ILLNESSES. 0 0 9855368 5825517 164175 SEE SCHEDULE O. 9855368 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 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 34 0 1 70 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X LAURA CANEPA 2129579474 500 5TH AVENUE 2900 NEW YORK NY 101102999 PHILIP LUSSIER CHIEF EXECUTIVE OFFICER 35.00 X 372125 0 19794 GINA FLORESCU CHIEF MARKETING OFFICER 35.00 X 199709 0 20582 ANIKA DAUGHTRY VP, MISSION DELIVERY 35.00 X 180892 0 6076 BENJAMIN MARCHIONE REGIONAL DIRECTOR, WESTERN 35.00 X 139900 0 13691 COLLEEN LEE THRU 123122 DIRECTOR, CORPORATE RELATIONSHIPS 35.00 X 130185 0 4840 ELIZABETH MERKOURIS DIRECTOR, PHILANTHROPY 35.00 X 110295 0 12782 LEIGHANN BUSCEMI DR., SPEC EVENTS & COMM FUNDRAISING 35.00 X 115627 0 4281 DIANA LOPEZ DIRECTOR, MISSION SUPPORT 35.00 X 114599 0 0 WHITNEY REICHENBACKER VIGGIANO CHIEF FINANCIAL OFFICER 35.00 X 100498 0 5656 MAUREEN FITZGERALD CHIEF DEVELOPMENT OFFICER 35.00 X 83784 0 355 EMMA FINE CHAIR 3.00 X X 0 0 0 MICHAEL MOCKUS TREASURER 3.00 X X 0 0 0 ANNE SCHNITZER SECRETARY 3.00 X X 0 0 0 JAMES GALOWSKI DIRECTOR 1.00 X 0 0 0 IVAN TABACK DIRECTOR 1.00 X 0 0 0 JACLYN COHEN DIRECTOR 1.00 X 0 0 0 BRIAN DONAGHY DIRECTOR 1.00 X 0 0 0 MICHAEL NENNER DIRECTOR 1.00 X 0 0 0 JOHN CORTESE DIRECTOR 1.00 X 0 0 0 NAVEEN SHAHANI DIRECTOR 1.00 X 0 0 0 RABIA SHEIKH DIRECTOR 1.00 X 0 0 0 TRACIE RODBURG DIRECTOR 1.00 X 0 0 0 STEPHEN THOMAS DIRECTOR 1.00 X 0 0 0 STEVE BURNS DIRECTOR 1.00 X 0 0 0 SARI CHANG DIRECTOR 1.00 X 0 0 0 SARAH PONTIUS DIRECTOR 1.00 X 0 0 0 WILLIAM BRILLIANT DIRECTOR 1.00 X 0 0 0 MARIE ARRIGO DIRECTOR 1.00 X 0 0 0 SHEILA PELUSO DIRECTOR 1.00 X 0 0 0 ANDRIA TRINIDAD DIRECTOR 1.00 X 0 0 0 TREVOR FREELAND DIRECTOR 1.00 X 0 0 0 1547614 0 88057 12 0 1 0 MCDERMOTT & BULL 2 VENTURE SUITE 100 IRVINE CA 92618 EXECUTIVE RECRUITMENT SERVICE 139826 1 3816557 413521 8711364 2390415 12941442 WISH ASSIST FEES 900099 164175 164175 164175 492385 492385 7489105 7667591 -178486 -178486 -178486 445892 3816557 1063994 -618102 -618102 12801414 164175 0 -304203 50000 50000 5775517 5775517 1293627 405450 615065 273112 4168939 1896021 856304 1416614 63531 15709 18314 29508 688889 334671 171456 182762 374324 156671 99351 118302 10251 10251 14275 14275 10010 10010 61490 61490 160695 15505 26005 119185 14468 4002 3922 6544 283589 102272 117952 63365 59398 25801 29358 4239 660226 319806 178462 161958 41977 2570 18067 21340 105072 3529 46460 55083 93296 40236 31604 21456 51696 28405 19336 3955 NATIONAL DUES 1079197 643398 333333 102466 OTHER EXPENSES 102686 22781 53927 25978 MERCHANT FEES 76664 76664 REPAIRS AND MAINTENANCE 35826 13024 16855 5947 983 983 15276626 9855368 2732780 2688478 1050121 917448 6939958 5949089 315843 306536 787143 609691 256142 177452 14858728 19411348 738049 1994333 24158841 28756206 1303520 1479463 149988 155367 243195 1853372 1696703 3488202 X 10405229 13993930 12056909 11274074 22462138 25268004 24158841 28756206 X -2475212 1531862 7314 3741902 X 0 1 X 1 0 X 14437520 8595894 8262729 12488850 12941442 56726435 14437520 8595894 8262729 12488850 12941442 56726435 8857592 47868843 281073 306910 371420 796135 492385 2247923 731983 119406 53976 2877337 445892 4228594 63202952 417025 0.75740 0.75450 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS FUNDRAISING REVENUE - 2018 AMOUNT: $ 731,983. 2019 AMOUNT: $ 119,406. 2020 AMOUNT: $ 53,976. 2021 AMOUNT: $ 2,858,762. 2022 AMOUNT: $ 445,892. OTHER - 2018 AMOUNT: $ 0. 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 18,575. 2022 AMOUNT: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9945840 205673 1051614 699556 10503571 11545594 69420 -1201109 468065 9945840 9996268 110545 1885814 447034 11545593 9286993 311263 834475 436463 9996268 9307725 75494 329930 426156 9286993 0.45030 0.34120 0.20850 0 0 417719 282992 134727 369424 326699 42725 177452 DUE FROM NATIONAL 279218 DUE FROM OTHER CHAPTERS 275364 SECURITY DEPOSITS 16376 RIGHT-OF-USE ASSETS - OPERATING 1423375 1994333 DUE TO NATIONAL 22028 DUE TO OTHER CHAPTERS 266380 LEASE LIABILITY - OPERATING 1564964 1853372 X 19025850 1531862 1012162 3741902 6285926 12739924 61490 61490 12801414 16219984 1004848 1004848 15215136 61490 61490 15276626 PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT IS RESTRICTED TO GRANTING WISHES. THE ORGANIZATION HAS A POLICY OF APPROPRIATING FOR DISTRIBUTION EACH YEAR 5% OF ITS ENDOWMENT FUND'S AVERAGE FAIR VALUE OVER THE PRIOR 12 QUARTERS THROUGH THE CALENDAR YEAR-END PRECEDING THE FISCAL YEAR IN WHICH THE DISTRIBUTION IS PLANNED. IN ESTABLISHING THIS POLICY, THE FOUNDATION CONSIDERED THE LONG-TERM EXPECTED RETURN ON ITS ENDOWMENT. ACCORDINGLY, OVER THE LONG TERM, THE FOUNDATION EXPECTS THE CURRENT SPENDING POLICY TO ALLOW ITS ENDOWMENT TO GROW AT AN AVERAGE OF 6% ANNUALLY. THIS IS CONSISTENT WITH THE FOUNDATION'S OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS HELD IN PERPETUITY OR FOR A SPECIFIED TERM AS WELL AS TO PROVIDE ADDITIONAL REAL GROWTH THROUGH NEW GIFTS AND INVESTMENT RETURN. PART X, LINE 2: THE FOUNDATION IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME AND NEW YORK STATE TAXES UNDER THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(3) AND SECTION 7A AND THE EPTL SECTION 8-13.4 OF THE NEW YORK STATE DEPARTMENT OF LAW CHARITIES BUREAU. 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, 2023 AND 2022. THE FOUNDATION FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION, AND APPLICABLE STATE JURISDICTIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: INHERENT CONTRIBUTION - ACQUISITION 3,741,902. NEW YORK CITY GALA 2297332 2037734 259598 178169 1120 122747 58570 SPIRITS, WINE & WISHES 580426 528176 52250 96805 29948 29900 7 1384691 1250647 134044 2880 6333 121834 43501 4800 367387 4262449 3816557 445892 2880 6333 396808 44621 157495 455857 1063994 -618102 1 MAKE-A-WISH FOUNDATION OF AMERICA 1702 E HIGHLAND AVE SUITE 400 PHOENIX AZ 85016 860481942 501(C)(3) 50000 0 GRANTING WISHES TO CRITICALLY ILL CHILDREN 1 0 WISHES GRANTED 566 4020266 1755251 FMV TRAVEL, M&E, SUPPLIES PART I, LINE 2: THE MAKE-A-WISH FOUNDATION OF METRO NEW YORK AND WESTERN NEW YORK DOES NOT PROVIDE CASH GRANTS TO INDIVIDUALS BUT RATHER GRANTS WISHES TO CHILDREN WITH CRITICAL ILLNESSES. THE ORGANIZATION ALLOCATES FUNDS DIRECTLY TO THE VENDOR FOR THE WISH EXPENSES, WITH THE EXCEPTION OF TRAVEL STIPENDS (IE MEALS, TIPS, GAS, ETC). ALL WISH EXPENSES ARE SUPPORTED BY APPROPRIATE DOCUMENTATION WHICH IS RETAINED BY THE ORGANIZATION. X X X 0 0 0 0 0 0 0 1 0 PHILIP LUSSIER CHIEF EXECUTIVE OFFICER 293837 0 78288 0 0 0 0 0 19794 0 391919 0 0 0 GINA FLORESCU CHIEF MARKETING OFFICER 165430 0 34279 0 0 0 6942 0 13640 0 220291 0 0 0 ANIKA DAUGHTRY VP, MISSION DELIVERY 150892 0 30000 0 0 0 6076 0 0 0 186968 0 0 0 BENJAMIN MARCHIONE REGIONAL DIRECTOR, WESTERN 121530 0 18370 0 0 0 4960 0 8731 0 153591 0 0 0 PART I, LINE 7 BONUS PAYMENTS ARE BASED ON A PERCENTAGE OF SALARY BASED ON GOALS SET YEARLY BY THE BOARD OF DIRECTORS, CONSISTING OF INDEPENDENT PERSONS. AT THE END OF THE FISCAL YEAR, THE BOARD OF DIRECTORS REVIEWS THE PERFORMANCE OF THE ORGANIZATION AGAINST THE GOALS TO DETERMINE THE BONUS FOR THE FISCAL YEAR FOR ALL EMPLOYEES. X 8 150078 COST/SELLING PRICE X MEALS & SUPPLIES 595 1709983 COST/SELLING PRICE X AUCTION ITEMS 276 530354 COST/SELLING PRICE 0 0 1 0 PART I, COLUMN (B): THE AMOUNT IN COLUMN (B) REFERS TO THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM, PART III, LINE 4A THE MAKE-A-WISH FOUNDATION OF METRO NEW YORK AND WESTERN NEW YORK CREATES LIFE-CHANGING WISHES FOR CHILDREN WITH CRITICAL ILLNESSES. CHILDREN MUST HAVE A REFERRAL FROM AN APPROVED REFERRAL SOURCE, HAVE REACHED THE CHRONOLOGICAL AGE OF 2 1/2 YEARS AND BE UNDER THE AGE OF 18, MUST HAVE A CRITICAL ILLNESS AND NEVER HAVE BEEN GRANTED A WISH BEFORE TO QUALIFY FOR OUR WISH PROGRAM. NO CHILD WHO MEETS THESE CRITERIA IS DENIED OUR SERVICES. THE FOUNDATION GRANTED 566 WISHES TO CHILDREN DURING THE FISCAL YEAR END AUGUST 31, 2023. TOTAL COST OF WISHES GRANTED FOR THE FISCAL YEAR WAS $6,768,769. OF THIS AMOUNT, $2,703,577 WAS CONTRIBUTED BY VARIOUS VENDORS WHO PROVIDED IN-KIND CONTRIBUTIONS SUCH AS TRAVEL AND TRAVEL SERVICES, TRANSPORTATION, LODGING AND OTHER SERVICES, AND THE 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 THE FORM 990, HOWEVER, THE IRS REQUIRES THE $2,703,577 OF CONTRIBUTED SERVICES AND USE OF FACILITIES BE EXCLUDED FROM BOTH REVENUE AND EXPENSE. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE MAY EXERCISE ALL OF THE POWERS OF THE BOARD OF DIRECTORS WITH RESPECT TO THE DAY TO DAY BUSINESS OPERATIONS OF THE CORPORATION WHEN THE BOARD OF DIRECTORS IS NOT IN SESSION. THE EXECUTIVE COMMITTEE SHALL SUBMIT TO THE BOARD OF DIRECTORS FOR ITS CONSIDERATION RESOLUTIONS CONCERNING ANY UNUSUAL OR EXTRAORDINARY MATTERS AFFECTING THE OPERATION OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE THE DRAFT IS AVAILABLE, IT IS REVIEWED BY MANAGEMENT AND THE FINANCE AND AUDIT COMMITTEE, AND ANY CHANGES INCORPORATED INTO THE FILING. ONCE THIS DETAILED REVIEW IS COMPLETE, THE DRAFT OF THE FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND COMMENTS PRIOR TO FILING WITH THE IRS. 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 VOLUNTEER MANAGER IF THEY ARE FROM VOLUNTEERS, AND THE PRESIDENT/CEO IF FROM STAFF AND BOARD MEMBERS. REVIEW OF THE STATEMENTS IS MONITORED BY THE PRESIDENT/CEO. THE PROCEDURES FOR ADDRESSING ANY CONFLICT 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 15 THE PRESIDENT/CEO'S COMPENSATION IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD, CONSISTING OF INDEPENDENT PERSONS. IT IS REVIEWED AGAINST NATIONAL BENCHMARKING SALARY STUDIES, SURVEYS DONE EVERY FEW YEARS BY MAKE-A-WISH FOUNDATION OF AMERICA, AND BY LOCAL SALARY SURVEYS CONDUCTED BY STATE ORGANIZATIONS AND BY NATIONAL BENCHMARKING ORGANIZATIONS. THE BOARDS DISCUSSIONS AND DECISIONS WERE 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 SAME PROCESS LISTED ABOVE IS USED FOR OTHER STAFF, USING THE SAME INSTRUMENTS. SALARIES FOR STAFF OTHER THAN THE PRESIDENT/CEO ARE DECIDED BY THE PRESIDENT/CEO IN CONSULTATION WITH THE EXECUTIVE COMMITTEE. ALL SALARY INCREASES ARE BASED ON METRICS FROM PERFORMANCE REVIEWS. THIS PROCESS WAS LAST COMPLETED IN 2022. 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: INHERENT CONTRIBUTION - ACQUISITION 3,741,902. FORM 990, PART XI, LINE 9 EFFECTIVE SEPTEMBER 1, 2022 THE FOUNDATION ACQUIRED THE MAKE-A-WISH FOUNDATION OF SUFFOLK NEW YORK CHAPTER. NO CONSIDERATION WAS PAID OR RECEIVED BY THE FOUNDATION FOR THIS TRANSACTION; HOWEVER, THE FOUNDATION ASSUMED THE ASSETS AND LIABILITIES OF THE MAKE-A-WISH FOUNDATION OF SUFFOLK COUNTY, NY, INC. THE PRIMARY REASON FOR THE ACQUISITION WAS TO BETTER ALIGN BOTH ENTITIES TO FURTHER ENHANCE THE COLLECTIVE MISSION OF THE FOUNDATION AND BETTER SERVE THEIR RESPECTIVE COMMUNITIES. THE FOUNDATION DEMONSTRATES CONTROL OF THE MAKE-A-WISH SUFFOLK COUNTY, NY, INC. CHAPTER BASED ON THE COMPOSITION OF THE GOVERNING BODY AFTER THE ACQUISITION. THE FAIR VALUE OF THE ASSETS ACQUIRED EXCEEDED THE FAIR VALUE OF LIABILITIES ASSUMED; THEREFORE, A CONTRIBUTION WAS RECORDED IN THE AMOUNT OF $3,741,902 FOR THE YEAR ENDED AUGUST 31, 2023.