2021-03-12T11:43:02-06:00 2020-09-30 363990892 Capin Crouse LLP 1255 Lakes Parkway STE 130 Lawrenceville GA 30043 990 2019-10-01 570324927 Connie Maxwell Children's Home CONN 8649421400 810 Maxwell Avenue Greenwood SC 29646 William D Nicholson President 8649421400 2021-03-12 1 Ted R Batson Jr P00721951 6785185301 2019 2022-09-23 18:48:47Z William D Nicholson 810 Maxwell Avenue Greenwood SC 29646 53289188 0 X www.conniemaxwell.com X 1892 SC To care for children while developing & strengthening relationships in a Christian environment. 24 24 143 1858 0 0 4741161 7571734 120231 15906 4931540 4423835 22367 21722 9815299 12033197 49314 51522 0 0 6597103 6929503 0 0 1251795 3727626 3622750 10374043 10603775 -558744 1429422 110659429 118169989 3256993 3608516 107402436 114561473 A Baptist ministry for children and families of South Carolina that provides residential care for children in need along with counseling, educational, and referral services while developing and strengthening positive relationships in a Christian environment. 0 0 8021291 51522 15906 Connie Maxwell Children's Home is a high quality, not for profit ministry that served more than 250 hurting children and family members during this past year which is its 128th year of service. CMCH provided shelter, food, clothing, medical, and educational needs at locations in Greenwood, Orangeburg, Florence, Mauldin, and Chesterfield. Help for hurting children was accomplished through residential campuses, emergency shelters, and foster care. Families are helped through a single parent familiy care residential program and after care programs. 8021291 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 0 0 0 1 15 0 1 143 1 0 0 0 0 0 0 0 0 0 1 0 0 0 X 24 24 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 SC X Mark Steven Shiflet 8649421400 810 Maxwell Ave Greenwood SC 29646 William D Nicholson President 40.00 X 190403 0 32220 Mark Steven Shiflet Vice-President - Finance 40.00 X 115899 0 24525 Eric Taylor Vice-President - Advancement 40.00 X 104459 0 23687 Richard Lackey Chairman/Trustee 1.00 X X 0 0 0 Paul Noe Trustee/Chairman through Dec. 2019 1.00 X X 0 0 0 BM Cave Trustee/Vice Chairman 1.00 X X 0 0 0 Marie Hancock Trustee/Secretary 1.00 X X 0 0 0 Janet Cofield Secretary (Part Year) 1.00 X X 0 0 0 Mack Baltzegar Trustee 1.00 X 0 0 0 Frank Boulineau III Trustee 1.00 X 0 0 0 Ron Caroll Trustee 1.00 X 0 0 0 Kay Dangerfield Trustee 1.00 X 0 0 0 Derrick Davenport Trustee 1.00 X 0 0 0 Jerry Ann Faulkenberry Trustee 1.00 X 0 0 0 Linda Hite Trustee (Part Year) 1.00 X 0 0 0 Martin Hogg Trustee 1.00 X 0 0 0 Doug Kauffmann Trustee 1.00 X 0 0 0 Jason Klue Trustee 1.00 X 0 0 0 David Little Trustee (Part Year) 1.00 X 0 0 0 Gary Long Trustee 1.00 X 0 0 0 Dena Lucy Trustee 1.00 X 0 0 0 Clark McCrary III Trustee 1.00 X 0 0 0 Richard McWhite Trustee 1.00 X 0 0 0 Johnny Muller Sr Trustee (Part Year) 1.00 X 0 0 0 Irene Murphy Trustee 1.00 X 0 0 0 Walter Peterson Trustee 1.00 X 0 0 0 Sue Sheriff Trustee 1.00 X 0 0 0 Nancy Schiele Trustee 1.00 X 0 0 0 Brancie Stephens Trustee (Part Year) 1.00 X 0 0 0 Philip Turner Trustee (Part Year) 1.00 X 0 0 0 Roger Troutman Trustee 1.00 X 0 0 0 Edsel Williams Trustee 1.00 X 0 0 0 Dan Walters Trustee 1.00 X 0 0 0 410761 0 80432 3 0 1 0 UBS Financial Services INC 1000 Harbor Blvd Weehawken NJ 07086 Account/Investment Management Fees 392559 1 1015709 1154195 5401830 136916 7571734 15906 15906 15906 1804550 1804550 21722 0 21722 21722 21722 43875276 41255991 2619285 2619285 2619285 12033197 15906 0 4445557 51522 51522 379957 77380 145470 157107 185552 185552 4479126 3680621 343531 454974 352772 285239 39447 28086 1181884 1048127 59903 73854 350212 269486 30630 50096 4250 4250 41428 41428 488747 488747 42416 32891 6995 2530 72226 343 71883 587910 474177 28403 85330 130531 26305 20817 83409 646231 598229 34299 13703 132338 97254 8850 26234 60176 57092 1309 1775 761772 685594 68560 7618 210037 192642 7751 9644 Food and Clothing 410788 410788 Recreation 32125 32125 Daycare 1476 1476 299 299 10603775 8021291 1330689 1251795 253727 793971 4098885 3220921 173506 83098 95362 96651 62666 55932 21187785 16620495 5040411 4567290 55294009 61206740 34243157 36213656 11397706 11931730 110659429 118169989 404359 558155 2852634 3050361 3256993 3608516 X 91097918 97130842 16304518 17430631 107402436 114561473 110659429 118169989 X 1429422 5380609 349006 X 0 1 X 1 0 X 5358725 3727512 4150505 4741161 7571734 25549637 5358725 3727512 4150505 4741161 7571734 25549637 2443006 23106631 2035572 1932511 1926913 2235057 1826272 9956325 418 418 20670 20670 35527050 628464 0.65040 0.64440 X Schedule A, Part II, Line 10, Explanation of Other Income: Miscellaneous - Fundraising Event Income - 2015 Amount: $ 20,670. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 84189384 2411317 8798726 2770000 92629427 84609164 1410260 2497960 4328000 84189384 81244919 354243 8045193 5035191 84609164 78328719 872619 7383645 5340064 81244919 76091498 2398082 5000197 5161058 78328719 0.92700 0.07300 0 1 1 779437 779437 16332650 13376271 2956379 4075698 3244224 831474 4567290 Real Estate 240310 C Other Assets 201286 C Commodities 406321 F Limited Partnerships 15139728 F Bonds 20226011 F 36213656 Assets Held in Trust 1626641 Beneficial Interest in Funds Held by Others 10178951 Cash Surrender Value of Life Insurance 126138 11931730 Annuities & Trusts Payable 1582224 Post-Retirement Benefit Obligation 1468137 3050361 17274065 5380609 417372 5797981 11476084 488747 68366 557113 12033197 10115028 0 10115028 488747 488747 10603775 Part V, Line 4: To provide operating income to Connie Maxwell Children's Home for the present while preserving principal and growing the endowment to provide for more needed income in the future. Form 990, Schedule D, Part V, Lines 2a-2c: In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its audited financial statements for the period ended 9/30/2020. To date, Schedule D has not been updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the audited financial statements as follows on Form 990, Schedule D, Part V, Lines 2a-2c: Line 2a - Without donor restrictions Line 2b - With donor restrictions Part XI, Line 2d - Other Adjustments: Actuarial Gain on Annuities 9,100. Change in Value of Trusts 8,477. Change in Value of Beneficial Interests in Funds Held by Others 399,795. Part XI, Line 4b - Other Adjustments: Post-Retirement Costs 68,366. 1 Direct Cash Assistance to Indigents 25 22448 Educational Scholarships 3 29074 Part I, Line 2: Direct cash assistance is available for families who need assistance. A family service worker decides if it is needed and requests the funds to be sent. There is a budgeted amount each year that can be disbursed. Most amounts are paid directly to the utility provider or the rental company, etc. For student educational grants a committee decides if the student is eligible and the amount to be disbursed. Tuition is paid directly to the college or university and no cash changes hands. X 0 0 0 0 0 0 0 0 0 William D Nicholson President 186774 0 0 0 3629 0 19989 0 17607 0 227999 0 0 0 Debra Nicholson Family member of William D. Nicholson, President 48467 Salaries & Benefits 0 Katie Troutman Family member of Roger Troutman, Trustee 51245 Salaries & Benefits 0 Tony Atkinson Family member of Marie Hancock, Trustee/Secretary 85840 Salaries & Benefits 0 X 60078 Cost X 1 6500 Cost X 5 19294 Selling Price X 35 23681 Cost X Gift Cards 36 14163 Cost X Livestock 6 13200 Cost 0 0 1 0 Part I, Column (b): The number of contributions represent the number of contributions received, not the number of items donated. Form 990, Part VI, Section A, line 1 The Executive Committee consists of the Chairman, Vice-Chairman, the Secretary, and the Chairman of each of the other standing committees. In addition to attending to any necessary business of the Children's Home that may present itself between the meetings of the Board, the Executive Committee may exercise the Board's authority with the exception of distributions; recommend dissolution, merger, or the sale, pledge or transfer of all of the corporation's assets; fill vacancies on the Board or committees; or adopt, amend, or repeal the articles or bylaws. Form 990, Part VI, Section A, line 7a The governance of Connie Maxwell Children's Home is vested in a Board of Trustees, elected by the South Carolina Baptist Convention in the manner and for the terms prescribed in the articles of the institution, in accordance with the action of the Convention. The South Carolina Baptist Convention is an association of cooperating churches which meets annually for two days to conduct Convention business. Each church that contributes to the Cooperative Program and adheres to the Baptist Faith and Message 2000 is allowed to send a delegation of messengers to the annual meeting. Messengers register in advance and credentials are issued (including voting ballots) to qualified messengers. The messengers elect the trustees of Connie Maxwell Children's Home. Form 990, Part VI, Section A, line 7b The Messengers must approve all changes or amendments to the organization's articles. Form 990, Part VI, Section B, line 11b Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's top management. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS. Form 990, Part VI, Section B, line 12c The organization monitors conflicts of interest annually by vetting vendors prior to contracting with them. The organization ensures compliance with the policy by avoiding any and all conflict of interest problems. Officers and directors sign a conflict of interest form each year. Top level management and the Finance Committee of the Board of Trustees review the signed documents. If a conflict were to arise, the organization discontinues the vendor's services to avoid the conflict of interest. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Section B, line 15 Questions 15a & 15b - The Executive Board of the trustees (Chairman, Vice Chairman, Secretary, and each of the four committee chairs) is tasked with supervising, evaluating, and determining compensation for the President. This process occurs annually prior to the November trustee meeting. The committee members review compensation for Presidents of similar programs in South Carolina and in nearby states. They also take into account the percentage increase of cost of living adjustments and merit raises given to other Connie Maxwell staff members for that year. They review with the President his activities for the past year and discuss plans and goals for the coming year. If financial conditions allow, a decision is made concerning any changes in compensation at that time. The Executive Committee reports its findings to the full board at the trustee meeting the next day and then gives a signed directive to the VP for Business as to any changes to be made in the President's compensation. All members involved in the compensation process are independent. The compensation approval is documented in the board minutes. The President approves the compensation of other officers using a similar process as described above. The Board of Trustees sets a range of salaries for the other officers using comparability data. This process is documented in the minutes upon approval. Form 990, Part VI, Section C, line 19 The organization makes its 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 Trusts 8,477. Actuarial Gain on Annuities 9,100. Change in Value of Beneficial Interests in Funds Held by Others 399,795. Post-Retirement Costs -68,366. South Carolina Baptist Convention 190 Stoneridge Drive Columbia SC 29210 570360087 Association of Southern Baptist Churches SC 501(c)(3) Line 1 N/A 0 Baptist Foundation of South Carolina 190 Stoneridge Drive Columbia SC 29210 570348054 Institution of SCBC designated for the management of trust funds SC 501(c)(3) Line 1 South Carolina Baptist Convention 0 Charitable Remainder Unitrusts (3) Trust SC Connie Maxwell Children's Home 1 Charitable Irrevocable Trust (1) Trust SC Connie Maxwell Children's Home 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0