2025-05-05T09:22:10-05:00 2024-08-31 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2023-09-01 742273004 MAKE-A-WISH FOUNDATION OF COLORADO MAKE 3037509474 7951 EAST MAPLEWOOD AVENUE 126 GREENWOOD VILLAGE CO 80111 SCOTT DISHONG PRESIDENT & CEO 3037509474 2025-04-30 1 0 RACHEL FLANDERS P01591790 6123764500 2025-04-30 2023 2025-03-06 01:10:19Z SCOTT DISHONG 7951 EAST MAPLEWOOD AVENUE 126 GREENWOOD VILLAGE CO 80111 15097556 0 X WISH.ORG/COLORADO X 1983 CO TOGETHER, WE CREATE LIFE-CHANGING WISHES FOR CHILDREN WITH CRITICAL ILLNESSES. 17 17 23 300 0 0 7035375 8882229 21225 293200 322749 235303 -19083 -4590 7360266 9406142 4278516 4167029 0 0 2167077 2350083 0 0 997852 1164435 1304215 7610028 7821327 -249762 1584815 9832676 11954974 2770676 2475401 7062000 9479573 X TOGETHER, WE CREATE LIFE-CHANGING WISHES FOR CHILDREN WITH CRITICAL ILLNESSES. 0 0 6016054 4167029 293200 SEE SCHEDULE O 6016054 1 1 0 0 0 0 0 0 0 0 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 2 0 1 23 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 17 17 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CO X JEFF KREBS 3037509474 7951 EAST MAPLEWOOD AVENUE 126 GREENWOOD VILLAGE CO 80111 SCOTT DISHONG PRESIDENT & CEO 40.00 X 270782 0 2035 JENNIFER GETSCH CHIEF PROGRAM OFFICER 40.00 X 144993 0 15774 LAUREN BEEDE CHIEF DEVELOPMENT OFFICER 40.00 X 134000 0 7141 JEFF KREBS VP OF FINANCE & OPERATIONS 40.00 X 122833 0 6556 LAURA SRSICH CHAIR 3.00 X X 0 0 0 CONNIE TALMAGE VICE CHAIR 1.00 X X 0 0 0 MICHAEL BROKER TREASURER 2.00 X X 0 0 0 BOB FORBES DIRECTOR 1.00 X 0 0 0 BRENT SMITH DIRECTOR 1.00 X 0 0 0 DERON BROWN DIRECTOR 1.00 X 0 0 0 DOUG MCDONALD DIRECTOR 1.00 X 0 0 0 ERIN HUTCHISON DIRECTOR 1.00 X 0 0 0 GRETCHEN GORE DIRECTOR 1.00 X 0 0 0 HEIDI GILL DIRECTOR 1.00 X 0 0 0 JENNIFER ANDERSON DIRECTOR 1.00 X 0 0 0 JUSTIN VAUGHN DIRECTOR 1.00 X 0 0 0 KARRIE FLETCHER DIRECTOR 1.00 X 0 0 0 MARLEY WAGNER DIRECTOR 1.00 X 0 0 0 MICHAEL BRUEGGEMANN DIRECTOR 1.00 X 0 0 0 MICHAEL WAGNER DIRECTOR 1.00 X 0 0 0 RON BOWERS DIRECTOR (THRU 7/31/2024) 1.00 X 0 0 0 TAIZO NAKANO DIRECTOR 1.00 X 0 0 0 672608 0 31506 4 0 1 0 0 808308 8073921 1339409 8882229 WISH RELIEF 900099 270000 270000 WISH ASSIST FEES 900099 23200 23200 293200 229147 229147 5549775 5543619 6156 6156 6156 143205 808308 147795 -4590 -4590 9406142 293200 0 230713 4167029 4167029 598640 299320 125714 173606 1376565 688283 289079 399203 62255 31127 13074 18054 150807 75404 31669 43734 161816 80908 33981 46927 20 20 638 638 86533 86533 14163 14163 70672 20750 11189 38733 140016 72654 20444 46918 21239 9507 6911 4821 190781 95391 40064 55326 14844 3411 6509 4924 78602 34514 13340 30748 1825 913 383 529 40218 20109 8446 11663 CHAPTER DUES 595163 416614 83323 95226 MERCHANT FEES 22867 22867 MEMBERSHIP DUES 22317 120 21941 256 BAD DEBT EXPENSE 4317 4317 7821327 6016054 807421 997852 70 801 1213885 761197 537937 2043034 9432 4864 25273 259310 318287 166579 70423 117025 96156 5420262 6233263 2274755 2472099 9832676 11954974 550208 546745 100000 2120468 1928656 2770676 2475401 X 6603930 7149332 458070 2330241 7062000 9479573 9832676 11954974 X 1584815 476417 -19102 294106 81337 X 0 1 X 1 0 X 5306551 4914846 6418617 7035375 8882229 32557618 5306551 4914846 6418617 7035375 8882229 32557618 32557618 45226 34261 55642 196098 229147 560374 42305 48389 12793 201710 143205 448402 33566394 338022 0.96990 0.97190 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS EVENT FUNDRAISING REVENUE - 2019 AMOUNT: $ 42,305. 2020 AMOUNT: $ 48,389. 2021 AMOUNT: $ 12,057. 2022 AMOUNT: $ 201,710. 2023 AMOUNT: $ 143,205. OTHER INCOME - 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 736. 2022 AMOUNT: $ 0. 2023 AMOUNT: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 29701 7616 22085 136878 62807 74071 96156 SECURITY DEPOSITS 9645 DUE FROM NATIONAL 249832 SPLIT INTEREST AGREEMENTS 37872 DUE FROM OTHER CHAPTERS 71620 RIGHT-OF-USE ASSETS - OPERATING 1701397 RIGHT-OF-USE ASSETS - FINANCE 45939 BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 355794 2472099 DUE TO NATIONAL 10533 DUE TO OTHER CHAPTERS 106088 LEASE LIABILITY - OPERATING 1764721 LEASE LIABILITY - FINANCING 47314 1928656 X 11097047 476417 1142724 81337 1700478 9396569 14163 -4590 9573 9406142 8973580 1161826 4590 1166416 7807164 14163 14163 7821327 PART X, LINE 2: THE FOUNDATION IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME AND COLORADO INCOME TAXES UNDER THE PROVISIONS OF THE 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, 2024 AND 2023. THE FOUNDATION FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION, AND APPLICABLE STATE JURISDICTIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 4,839. CHANGE IN VALUE OF BENEFICIAL INTEREST HELD BY OTHERS 76,498. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES MOVED FROM THE FUNCTIONAL EXPENSE STATEMENT TO THE STATEMENT OF REVENUE -4,590. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES MOVED FROM THE FUNCTIONAL EXPENSE STATEMENT TO THE STATEMENT OF REVENUE 4,590. WHISKEY WINE & WISHES 823323 680208 143115 2633 24458 88491 16270 15463 WISH HEROES 128190 128100 90 90 390 951513 808308 143205 2723 24458 88491 16270 15853 147795 -4590 1 WISHES GRANTED 377 681716 3485313 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 0 0 0 0 0 0 0 1 0 SCOTT DISHONG PRESIDENT & CEO 192801 0 46750 0 31231 0 957 0 1078 0 272817 0 0 0 JENNIFER GETSCH CHIEF PROGRAM OFFICER 131993 0 13000 0 0 0 6608 0 9166 0 160767 0 0 0 PART I, LINE 7 BONUSES ARE BASED ON DISCRETION BY THE BOARD. X 3 14440 FMV X WISH-RELATED 372 1315827 FMV X SPECIAL EVENTS 4 9142 0 0 1 0 PART I, COLUMN (B): COLUMN (B) REPRESENTS 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 COLORADO GRANTED 377 LIFE CHANGING WISHES IN THE FISCAL YEAR ENDING AUGUST 31, 2024. THE TOTAL COST OF WISHES GRANTED FOR THE FISCAL YEAR WAS $6,747,314. OF THIS AMOUNT, $731,260 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 CONSIST OF THE CHAIR OF THE BOARD, WHO SHALL BE ITS CHAIRPERSON, THE VICE CHAIR OF THE BOARD, THE TREASURER, AND THREE MEMBERS OF THE BOARD. THE EXECUTIVE COMMITTEE MAY HAVE SUCH ADDITIONAL MEMBERS OF THE BOARD OF DIRECTORS AS MAY BE ELECTED ANNUALLY BY THE BOARD OF DIRECTORS. EXCEPT AS PROHIBITED BY STATUTE, THE EXECUTIVE COMMITTEE MAY ACT ON BEHALF OF THE BOARD OF DIRECTORS WHEN THE BOARD OF DIRECTORS IS NOT IN SESSION. THE EXECUTIVE COMMITTEE SHALL REPORT ITS ACTIONS TO THE BOARD OF DIRECTORS AT EACH REGULAR MEETING OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE SHALL SUBMIT TO THE BOARD OF DIRECTORS FOR ITS CONSIDERATION RESOLUTIONS CONCERNING ANY UNUSUAL OR EXTRAORDINARY MATTERS AFFECTING THE OPERATIONS OF THE CORPORATION. THIS DELEGATION OF AUTHORITY TO THE EXECUTIVE COMMITTEE SHALL NOT OPERATE TO RELIEVE THE BOARD OF DIRECTORS OR ANY MEMBER OF THE BOARD OF DIRECTORS FROM ANY RESPONSIBILITY IMPOSED BY LAW. RULES GOVERNING PROCEDURES FOR MEETINGS OF THE EXECUTIVE COMMITTEE SHALL BE AS ESTABLISHED BY THE BOARD OF DIRECTORS, OR IN THE ABSENCE THEREOF, BY THE EXECUTIVE COMMITTEE ITSELF. FORM 990, PART VI, SECTION A, LINE 2 MICHAEL WAGNER AND MARLEY WAGNER HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE FOUNDATION'S CEO AND LEADERSHIP TEAM. THE FORM 990 IS THEN REVIEWED BY THE ORGANIZATION'S FINANCE AND EXECUTIVE COMMITTEE. SUBSEQUENT TO THE COMMITTEE'S FINAL APPROVAL, A COPY OF THE FORM 990 IS PROVIDED TO ALL VOTING MEMBERS OF THE BOARD PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION ADHERES TO A CONFLICT OF INTEREST AND ETHICS POLICY PROVIDED BY THE MAKE-A-WISH FOUNDATION OF AMERICA, APPLICABLE TO ALL OFFICERS, EMPLOYEES, BOARD MEMBERS, AND VOLUNTEERS. EACH INDIVIDUAL IS REQUIRED TO SIGN A CONFLICT OF INTEREST AND ETHICS STATEMENT UPON THEIR HIRE, ELECTION, OR COMMENCEMENT OF VOLUNTEER SERVICE AND RENEW IT ANNUALLY THEREAFTER. SIGNED STATEMENTS ARE SUBMITTED TO AND REVIEWED BY THE VOLUNTEER COORDINATOR FOR VOLUNTEERS, AND BY THE CEO FOR STAFF AND BOARD MEMBERS. THE CEO IS RESPONSIBLE FOR MONITORING THE REVIEW PROCESS. WHEN A POTENTIAL CONFLICT OF INTEREST IS IDENTIFIED, THE CEO DETERMINES THE NATURE OF THE CONFLICT THROUGH VERBAL OR WRITTEN COMMUNICATION WITH THE INDIVIDUAL INVOLVED. THE CONFLICT IS THEN FULLY DISCLOSED TO THE BOARD OF DIRECTORS, AND THE INDIVIDUAL IN QUESTION IS REQUIRED TO RECUSE THEMSELVES FROM DISCUSSIONS AND DECISIONS RELATED TO THE MATTER. BASED ON THE RECOMMENDATIONS OF THE BOARD, APPROPRIATE ACTIONS ARE IMPLEMENTED, WHICH MAY INCLUDE TERMINATION OF SERVICE. THIS PROCESS ENSURES TRANSPARENCY AND INTEGRITY IN ALL ASPECTS OF THE FOUNDATION'S OPERATIONS. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT & CEO'S COMPENSATION IS TYPICALLY DETERMINED BY AN INDEPENDENT COMMITTEE OF THE BOARD OF DIRECTORS TO ENSURE FAIRNESS AND TRANSPARENCY. THE COMMITTEE REVIEWS COMPREHENSIVE COMPARABILITY DATA, INCLUDING SALARY SURVEYS, LOCAL AND NATIONAL BENCHMARKING STUDIES, AND NONPROFIT SECTOR ANALYSES, TAILORED TO THE ORGANIZATION'S SIZE, BUDGET, AND LOCATION. SOURCES OFTEN INCLUDE INDUSTRY-SPECIFIC ORGANIZATIONS AND PLATFORMS SUCH AS CHARITY NAVIGATOR OR GUIDESTAR. THE DECISION-MAKING PROCESS IS CAREFULLY DOCUMENTED TO ENSURE COMPLIANCE AND ACCOUNTABILITY. DOCUMENTATION INCLUDES THE TERMS OF THE COMPENSATION PACKAGE, THE DATE OF APPROVAL, THE NAMES OF COMMITTEE MEMBERS INVOLVED, VOTING RECORDS, AND DETAILS OF THE COMPARABILITY DATA USED. THIS PROCESS ENSURES THE PRESIDENT & CEO'S COMPENSATION ALIGNS WITH THE ORGANIZATION'S MISSION, MARKET STANDARDS, AND FINANCIAL CAPACITY WHILE MAINTAINING STAKEHOLDER TRUST. THE PRESIDENT & CEO DETERMINES THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES USING COMPARABILITY DATA, SUCH AS SALARY SURVEYS AND BENCHMARKING STUDIES, TAILORED TO THE ORGANIZATION'S SIZE, BUDGET, AND LOCATION. THE DECISION IS REVIEWED AND, WHEN NECESSARY, APPROVED BY AN INDEPENDENT BOARD COMMITTEE TO ENSURE FAIRNESS AND ALIGNMENT WITH MARKET STANDARDS AND DOCUMENTED ACCORDINGLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 4,839. CHANGE IN VALUE OF BENEFICIAL INTEREST HELD BY OTHERS 76,498. FORM 990, PART XI, LINE 8 THE PRIOR PERIOD ADJUSTMENT PRESENTED IN THE FINANCIAL STATEMENT OF ACTIVITIES IS A RESULT OF A BENEFICIAL INTEREST IN FUNDS HELD BY OTHERS THAT WAS NOT PROPERLY RECORDED IN THE PRIOR YEAR. OPENING NET ASSETS HAVE BEEN RESTATED TO INCREASE THE DONOR-RESTRICTED NET ASSETS ON THE FINANCIAL STATEMENTS.