2023-03-28T12:07:18-05:00 2022-09-30 910189318 MOSS ADAMS LLP 6565 AMERICAS PARKWAY NE STE 600 ALBUQUERQUE NM 87110 990 2021-10-01 751080987 CAL FARLEY'S BOYS RANCH FOUNDATION CALF 8063722341 PO BOX 1890 AMARILLO TX 79105 MEGAN JOHNSON VICE PRESIDENT 8063722341 2023-03-27 1 MEGAN JOHNSON 999009999 PAMELA ALEXANDERSON P01218925 5058787200 2023-03-27 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z RICHARD NEDELKOFF PO BOX 1890 AMARILLO TX 79105 228432070 0 X WWW.CALFARLEY.ORG X 1960 TX THE PRIMARY EXEMPT PURPOSE IS TO PROVIDE SUPPORT TO CAL FARLEY'S BOYS RANCH, DBA CAL FARLEY'S, A CODE SECTION 501(C)(3) ORGANIZATION. CAL FARLEY'S PROVIDES PROFESSIONAL PROGRAMS AND SERVICES IN A CHRIST-CENTERED ATMOSPHERE TO STRENGTHEN FAMILIES AND SUPPORT OVERALL DEVELOMENT OF CHILDREN. CAL FARLEY'S PROVIDES RESIDENTIAL CHILDCARE AT NO CHARGE TO THEIR FAMILIES. CHILDREN FROM PRE-SCHOOL THROUGH HIGH SCHOOL LIVE IN GROUP HOMES AND ARE PROVIDED A VARIETY OF ACADEMIC, VOCATIONAL, SPIRITUAL, AND EXTRACURRICULAR ACTIVITIES TO HELP THEM BECOME RESPONSIBLE AND RESILIENT YOUNG PEOPLE. DURING THE FISCAL YEAR 2021-2022, THE CAL FARLEY'S ORGANIZATION SERVED A TOTAL OF 170 CHILDREN IN RESIDENCE. 7 7 0 7 45024 0 2404154 5946113 0 0 18724599 32577222 432374 782956 21561127 39306291 16806540 17393447 0 0 0 0 0 0 0 1222870 1360468 18029410 18753915 3531717 20552376 418737875 353153021 10931845 17767024 407806030 335385997 CAL FARLEY'S BOYS RANCH FOUNDATION IS ORGANIZED TO PROVIDE FINANCIAL SUPPORT TO CAL FARLEY'S BOYS RANCH THROUGH INVESTMENT AND REINVESTMENT OF FUNDS, PROPERTIES AND OTHER DONATIONS OF VALUE RECEIVED AS CONTRIBUTIONS AND SUPPORT. 0 0 17393447 17393447 PROVIDE FINANCIAL SUPPORT TO CAL FARLEY'S BOYS RANCH THROUGH INVESTMENT AND REINVESTMENT OF FUNDS, PROPERTIES, AND OTHER DONATIONS OF VALUE RECEIVED AS CONTRIBUTIONS AND SUPPORT. 17393447 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 78 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 7 7 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 KY OR WA X X MEGAN JOHNSON 8063222581 PO BOX 1890 AMARILLO TX 79174 MARK STROTHER INTERIM PRESIDENT (THRU JUNE 2022) 1.00 40.00 X X 0 196155 16939 RICHARD NEDELKOFF PRESIDENT (BEG. JUNE 2022) 1.00 40.00 X X 0 0 0 MICHELLE BONNER CHAIRMAN 1.00 1.00 X X 0 0 0 RODNEY RUTHART VICE CHAIRMAN 1.00 1.00 X X 0 0 0 ROD SCHRODER SECRETARY 1.00 1.00 X X 0 0 0 JULIE ATTEBURY DIRECTOR 1.00 1.00 X 0 0 0 MIKE KING DIRECTOR 1.00 1.00 X 0 0 0 LANCE PURCELL DIRECTOR 1.00 1.00 X 0 0 0 MALCOLM SHELTON DIRECTOR 1.00 1.00 X 0 0 0 MEGAN JOHNSON VICE PRESIDENT 1.00 40.00 X 0 151152 14428 DAN ADAMS PRESIDENT (THRU AUG 2021) 1.00 40.00 X 0 276847 16107 0 624154 47474 0 1 1 0 HIRTLE CALLAGHAN & CO LLC 300 BARR HARBOR DRIVE STE 500 WEST CONSHOHOCKEN PA 19428 INVESTMENT MANAGEMENT FEES 871524 BNY MELLON ASSET SERVICING BNY MELLON/151-1015 PITTSBURGH PA 15258 GSS COMPENSATION 194376 2 5712045 234068 5946113 33382869 45024 33337845 775008 775008 7948 0 7948 7948 7948 188029941 290191 188806788 318991 -776847 -28800 -805647 -805647 39306291 0 45024 33315154 17393447 17393447 160329 160329 867881 867881 1990 1990 76 76 ANNUITIES AND TRUSTS 316064 316064 REAL ESTATE & MINERAL T 14128 14128 18753915 17393447 1360468 0 3053204 3579660 1280 9156 125 3323571 1762635 3323571 275812135 223805144 136533099 117050531 1575522 5384834 418737875 353153021 4541 100 11025 8820 10916279 17758104 10931845 17767024 X 384614151 313496861 23191879 21889136 407806030 335385997 418737875 353153021 X 20552376 -94511472 1539063 X 0 1 X 1 0 X X 1 CAL FARLEY'S BOYS RANCH 750808768 7 1 17393447 0 1 17393447 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 22261099 633300 2500 1025543 21866356 21531101 1797568 5000 1062570 22261099 21477497 25 1423234 5000 1364655 21531101 21709900 25 809922 4000 1038350 21477497 21750299 25 1040850 35714 1045560 21709900 0.00000 0.84440 0.15560 0 0 3323571 3323571 3323571 PRIVATE EQUITY FUNDS 48826727 F HEDGE FUNDS 65548033 F CLOSED END FUND 2675771 F 117050531 GIFT ANNUITY LIABILITY 1756629 FUNDS INVESTED FOR CAL FARLEY'S BOYS RANCH 16000000 PAYABLE TO CAL FARLEY'S BOYS RANCH 1475 17758104 X -60574884 -94511472 1539063 -92972409 32397525 866453 6042313 6908766 39306291 11845149 0 11845149 866453 6042313 6908766 18753915 PART V, LINE 4: THE INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUNDS IS TO BE HELD INDEFINITELY AND THE INCOME FROM WHICH IS GENERALLY RESTRICTED TO PROVIDE FINANCIAL SUPPORT TO CAL FARLEY'S BOYS RANCH. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME UNDER SECTION 501 (A) OF THE INTERNAL REVENUE CODE (IRC) OF 1986, AS AMENDED, AS AN ORGANIZATION DESCRIBED IN IRC SECTION 501 (C)(3). FURTHER, THE FOUNDATION HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER THE IRC SECTION 509(A), AND, AS SUCH, CONTRIBUTIONS TO THE FOUNDATION QUALIFY FOR DEDUCTION AS CHARITABLE CONTRIBUTIONS. HOWEVER, INCOME GENERATED FROM ACTIVITIES UNRELATED TO THE FOUNDATION'S EXEMPT PURPOSE IS SUBJECT TO TAX UNDER IRC SECTION 511. THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) PROVIDES GUIDANCE FOR HOW UNCERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, DISCLOSED, AND PRESENTED IN THE FINANCIAL STATEMENTS. THIS REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE FOUNDATION'S TAX RETURN TO DETERMINE WHETHER THE TAX POSITIONS ARE MORE-LIKELY-THAN-NOT OF BEING SUSTAINED WHEN CHALLENGED OR WHEN EXAMINED BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD WOULD BE RECORDED AS A TAX BENEFIT OR EXPENSE AND LIABILITY IN THE CURRENT YEAR. MANAGEMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN INCOME TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE - GIFT ANNUITIES 169,122. CHANGE IN VALUE - MINERAL INTEREST 1,369,941. PART XI, LINE 4B - OTHER ADJUSTMENTS: CONTRIBUTION RECLASSIFICATION 5,712,045. RECLASS TO TRUST AND ANNUITIES 316,064. EXPENSE RECLASSIFICATION 14,204. PART XII, LINE 4B - OTHER ADJUSTMENTS: CONTRIBUTION RECLASSIFICATION 5,712,045. RECLASS TO TRUST AND ANNUITIES 316,064. EXPENSE RECLASSIFICATION 14,204. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 108453850 0 0 0 0 0 0 108453850 0 108453850 1 0 1 0 0 0 PART III ACCOUNTING METHOD: FORM 990, SCHEDULE F, PART I, LINE 3(F): METHOD OF ACCOUNTING: ACCRUAL 1 CAL FARLEY'S BOYS RANCH PO BOX 1890 AMARILLO TX 79174 750808768 501(C)(3) 0 17393447 TO PROVIDE SUPPORT TO CAL FARLEY'S BOYS RANCH 1 0 PART I, LINE 2: FOUNDATION DOLLARS ARE GIVEN TO BOYS RANCH IN SUPPORT OF OPERATIONS. THE BOARD OF DIRECTORS OF THE FOUNDATION DETERMINES HOW MUCH SUPPORT TO PROVIDE, AND THE RANCH PROVIDES THE FOUNDATION WITH AN ACCOUNTING OF DOLLARS SPENT. 1 0 0 0 0 0 0 0 0 DAN ADAMS PRESIDENT (THRU AUG 2021) 0 276847 0 0 0 0 0 11356 0 4751 0 292954 0 0 MARK STROTHER INTERIM PRESIDENT (THRU JUNE 2022) 0 184152 0 0 0 12003 0 10002 0 6937 0 213094 0 0 MEGAN JOHNSON VICE PRESIDENT 0 143652 0 0 0 7500 0 7500 0 6928 0 165580 0 0 PART I, LINE 4A DAN ADAMS, FORMER CEO, RECEIVED A $50,000 SEVERANCE PAYMENT FROM THE RELATED ORGANIZATION IN CALENDAR YEAR 2021. NOTHING WAS PAID BY THE REPORTING ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 2 RODNEY RUTHART AND MALCOLM SHELTON HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 THE CAL FARLEY'S BOYS RANCH FOUNDATION HAS ONE MEMBER, THE CAL FARLEY'S BOYS RANCH. FORM 990, PART VI, SECTION A, LINE 7A AS THE SOLE MEMBER OF CAL FARLEY'S BOYS RANCH FOUNDATION, CAL FARLEY'S BOYS RANCH ELECTS ALL OF THE BOARD OF DIRECTORS FOR THE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN DECISIONS MADE BY THE BOARD OF THE FOUNDATION ARE SUBJECT TO APPROVAL BY THE BOARD OF DIRECTORS FOR CAL FARLEY'S BOYS RANCH. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 FOR THIS COMPANY WAS PREPARED BY AN OUTSIDE CPA FIRM AND REVIEWED BY THE BUDGET/AUDIT COMMITTEE AND THEN SENT TO THE FULL BOARD FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST QUESTIONNAIRE IS SENT TO DIRECTORS AND OFFICERS ANNUALLY. THE PRESIDENT AND CEO ENSURES THAT ALL ARE COMPLETED AND MAINTAINED ON FILE IN THE OFFICE. IF A CONFLICT ARISES, THE PERSON WITH THE CONFLICT IS NOT ALLOWED TO VOTE ON THE TRANSACTION. THERE HAVE BEEN NO INCIDENCES OF CONFLICT FOR THE REPORTING YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE - GIFT ANNUITIES 169,122. CHANGE IN VALUE OF MINERAL INTERESTS 1,369,941. CAL FARLEY'S BOYS RANCH PO BOX 1890 AMARILLO TX 79174 750808768 CHILD AND FAMILY SERVICES TX 501(C)(3) 7 N/A 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0