2021-02-04T14:50:24-06:00 2020-06-30 752393478 WHITLEY PENN LLP 8343 DOUGLAS AVENUE STE 400 DALLAS TX 75225 990 2019-07-01 741323914 MEDINA CHILDREN'S HOME MEDI 8305892871 21300 STATE HIGHWAY 16 NORTH MEDINA TX 78055 TROY ROBERTSON PRESIDENT 8305892871 2021-01-29 1 CURTIS MAXFIELD P00445178 2143939300 2019 2022-09-23 18:48:47Z TROY ROBERTSON 21300 STATE HIGHWAY 16 NORTH MEDINA TX 78055 4707203 0 X WWW.ARMSOFHOPE.ORG X 1958 TX OPERATING AND MAINTAINING A CHRISTIAN HOME FOR THE CARE OF CHILDREN. 10 8 74 476 0 0 3680287 3881189 35177 29766 863810 755477 29460 40771 4608734 4707203 0 0 0 0 2065295 1992495 0 0 243910 2510792 2073382 4576087 4065877 32647 641326 69056396 74545069 886875 925897 68169521 73619172 OPERATING AND MAINTAINING A CHRISTIAN HOME FOR THE CARE OF CHILDREN. 0 0 3711691 29766 OPERATING AND MAINTAINING A CHRISTIAN HOME FOR THE CARE OF CHILDREN. 3711691 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 0 0 0 0 1 1 1 0 0 1 6 0 1 74 1 0 0 0 0 0 1 1 0 0 0 1 0 0 0 X 10 8 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X SCOTT STUMBO 8305892871 21300 STATE HIGHWAY 16 NORTH MEDINA TX 78055 X JERRY COX CHAIRMAN OF THE BOARD 1.00 3.00 X X 0 0 0 MIKE CALVERT DIRECTOR 1.00 3.00 X 0 0 0 SCOT FOITH DIRECTOR 1.00 3.00 X 0 0 0 KEVIN MCDONALD DIRECTOR 1.00 3.00 X 0 0 0 DR TOM WINKLER DIRECTOR 1.00 3.00 X 0 0 0 BRUCE BARNARD DIRECTOR 1.00 3.00 X 0 0 0 JERRY BROWDER DIRECTOR 1.00 3.00 X 0 0 0 JANA WOEFEL DIRECTOR 1.00 3.00 X 0 0 0 BETH WALKER DIRECTOR 1.00 3.00 X 0 0 0 DALE HARBISON DIRECTOR 1.00 3.00 X 0 0 0 TROY ROBERTSON PRESIDENT/CEO 13.00 27.00 X 0 173610 23086 SCOTT STUMBO CHIEF FINANCIAL OFFICER 13.00 27.00 X 0 132505 17950 NATHALIE MCDONALD CHIEF DEVELOPMENT OFFICER 13.00 27.00 X 0 148600 9600 JOEL DERROUGH CAMPUS DIRECTOR 0.00 40.00 X 0 115561 13498 0 570276 64134 0 0 1 0 0 387500 3493689 195384 3881189 AGENCY SUPPORT 624100 29766 29766 29766 598818 598818 39998 39998 150759 5900 0 0 150759 5900 156659 156659 MISCELLANEOUS INCOME 900099 773 773 773 4707203 29766 0 796248 1579411 1435194 20985 123232 61003 54988 640 5375 239100 215855 1796 21449 112981 104476 1544 6961 126078 126078 70 56 14 224 179 45 76355 67064 6778 2513 7335 5733 1410 192 381052 380819 116 117 33218 15128 3 18087 441 441 1823 1823 471530 471530 144536 139820 656 4060 ALLOWANCES AND ACTIVITI 278889 278780 109 AUTO EXPENSE 177414 115711 94 61609 FOOD AND HOUSEHOLD EXPE 169042 169042 ANNUITY EXPENSE 74738 74738 130637 128974 1457 206 4065877 3711691 110276 243910 23189810 26260969 14289704 16078713 140499 129182 28596 50785 0 17735 15157889 7579533 7455601 7578356 23952186 24429329 69056396 74545069 132310 133878 754565 792019 886875 925897 X 68169521 73619172 68169521 73619172 69056396 74545069 X 641326 994032 3814293 X X 0 1 X 1 0 X 3791726 4064326 3422024 3680287 3881189 18839552 3791726 4064326 3422024 3680287 3881189 18839552 45686 18793866 453416 367252 500564 674615 638816 2634663 -98326 160832 119939 352287 -36520 498212 21972427 185645 0.85530 0.85870 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 23952976 928627 1653544 1979249 125779 24430119 24006586 497100 1258615 1665306 144019 23952976 18376492 5083050 1599000 897576 154380 24006586 16859525 417182 2108188 902205 106198 18376492 19023526 304282 -800022 1577701 90560 16859525 0.05200 0.91450 0.03350 0 0 1261528 1261528 10953648 5510200 5443448 1262991 1005156 257835 1679722 1064177 615545 7578356 CHARITABLE GIFT ANNUITIES 686924 DEFERRED COMPENSATION 105095 792019 X PART V, LINE 4: THE ENDOWMENT FUND IS A RESERVE FUND TO SECURE THE CONTINUAL OPERATIONS OF THE HOME. PART X, LINE 2: GAAP PRESCRIBES A COMPREHENSIVE MODEL FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, PRESENTATION, AND DISCLOSURE OF UNCERTAIN INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN INCOME TAX RETURNS. MANAGEMENT BELIEVES THAT IT HAS NOT TAKEN A TAX POSITION THAT, IF CHALLENGED, WOULD HAVE A MATERIAL EFFECT ON THE ORGANIZATION'S CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION FILES FORM 990 IN THE UNITED STATES FEDERAL JURISDICTION WITHIN THE UNITED STATES AND NO TAX RETURNS ARE CURRENTLY UNDER EXAMINATION BY ANY TAX AUTHORITIES. 0 0 0 0 0 0 0 0 0 TROY ROBERTSON PRESIDENT/CEO 0 152273 0 21337 0 0 0 12928 0 10158 0 196696 0 0 SCOTT STUMBO CHIEF FINANCIAL OFFICER 0 118314 0 14191 0 0 0 10066 0 7884 0 150455 0 0 NATHALIE MCDONALD CHIEF DEVELOPMENT OFFICER 0 132685 0 15915 0 0 0 8848 0 752 0 158200 0 0 PART I, LINE 3 THE BOARD OF DIRECTORS USED AN INDEPENDENT COMPENSATION CONSULTANT AND COMPARABLE COMPENSATION FROM SIMILAR ORGANIZATIONS TO DETERMINE THE SALARY OF TROY ROBERTSON, PRESIDENT. THE SALARY ARRANGEMENT WAS APPROVED BY THE BOARD OF DIRECTORS AND DOCUMENTED IN THE MINUTES. SCOT FOITH DIRECTOR 14166 DAUGHTER IS EMPLOYED BY ARMS OF HOPE, A RELATED ENTITY 0 TROY ROBERTSON PRESIDENT/CEO 32117 DAUGHTER IS EMPLOYED BY MEDINA CHILDREN'S HOME 0 SCOTT STUMBO CHIEF FINANCIAL OFFICER 27786 SON IS EMPLOYED BY ARMS OF HOPE, A RELATED ENTITY 0 JOEL DERROUGH CAMPUS DIRECTOR 40328 WIFE IS EMPLOYED BY MEDINA CHILDREN'S HOME 0 X 191384 FAIR MARKET VALUE X 1 4000 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 KEVIN MCDONALD (DIRECTOR) AND NATHALIE MCDONALD (CHIEF DEVELOPMENT OFFICER) ARE HUSBAND AND WIFE. FORM 990, PART VI, SECTION B, LINE 11B A PRELIMINARY DRAFT OF THE FORM 990 AND RELATED SCHEDULES WAS REVIEWED BY THE CEO, CHAIRMAN OF THE BOARD, AND CHAIRMAN OF THE AUDIT COMMITTEE. THE REMAINING CURRENT BOARD MEMBERS RECEIVED A COPY FOR REVIEW PRIOR TO THE FILING OF THE COMPLETED FORM 990 AND RELATED SCHEDULES. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS USED AN INDEPENDENT COMPENSATION CONSULTANT AND COMPARABLE COMPENSATION FROM SIMILAR ORGANIZATIONS TO DETERMINE THE SALARY OF TROY ROBERTSON, PRESIDENT. THE SALARY ARRANGEMENT WAS APPROVED BY THE BOARD OF DIRECTORS AND DOCUMENTED IN THE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990, AND AUDITED FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION AT ITS OFFICE UPON REQUEST. FORM 990, PART VII TROY ROBERTSON IS EMPLOYED AS PRESIDENT FOR ARMS OF HOPE, MEDINA CHILDREN'S HOME, BOLES CHILDREN'S HOME, AND BOLES CHILDREN'S HOME REALTY CORP. THIS BROAD ORGANIZATION ENCOMPASSES TWO DISTINCT CAMPUSES WITH OUTREACH OPERATIONS THROUGHOUT THE STATE OF TEXAS, INCLUDING DALLAS AND SAN ANTONIO. IN HIS ROLE AS PRESIDENT AND CEO OF THESE ORGANIZATIONS, TROY ROBERTSON SPLIT HIS TIME EQUALLY BETWEEN MEDINA CHILDREN'S HOME, BOLES CHILDREN'S HOME AND ARMS OF HOPE. HOWEVER, ALL OF HIS COMPENSATION IS PAID FROM ARMS OF HOPE. SCOTT STUMBO AND NATHALIE MCDONALD ARE EMPLOYED AS CHIEF FINANCIAL OFFICER AND CHIEF DEVELOPMENT OFFICER, RESPECTIVELY. THESE OFFICERS PROVIDE SERVICES FOR ARMS OF HOPE, MEDINA CHILDREN'S HOME, BOLES CHILDREN'S HOME, AND BOLES CHILDREN'S HOME REALTY CORP. THE OFFICERS SPLIT THEIR TIME EQUALLY BETWEEN MEDINA CHILDREN'S HOME, BOLES CHILDREN'S HOME AND ARMS OF HOPE. HOWEVER, ALL OF THEIR COMPENSATION IS PAID FROM ARMS OF HOPE. ARMS OF HOPE'S BOARD OVERSEES/DIRECTS THE BOARDS OF MEDINA CHILDREN'S HOME, BOLES CHILDREN'S HOME, AND BOLES CHILDREN'S HOME REALTY CORP. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -37,293. TRANSFER FROM ARMS OF HOPE 3,851,586. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT MAKE ANY CHANGES TO ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE YEAR. FORM 990 ARMS OF HOPE, A TAX-EXEMPT ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, SUPPORTS MEDINA CHILDREN'S HOME, BOLES CHILDREN'S HOME AND BOLES CHILDREN'S HOME REALTY CORP IN THE FORM OF PROVIDING GOVERNANCE AND LEADERSHIP THROUGH ITS RELATIONSHIP AS THE SOLE MEMBER OF MEDINA CHILDREN'S HOME, BOLES CHILDREN'S HOME AND BOLES CHILDREN'S HOME REALTY CORP. AS SOLE MEMBER, ARMS OF HOPE HAS GOVERNANCE POWERS OVER MEDINA CHILDREN'S HOME, BOLES CHILDREN'S HOME AND BOLES CHILDREN'S HOME REALTY CORP. THE SEPARATE EXEMPTION AND LEGAL EXISTENCE OF THESE ENTITIES RESULTS IN A SEPARATE TAX FILING REQUIREMENT. IF THE FINANCIALS WERE PRESENTED ON A CONSOLIDATED BASIS, THEY WOULD REFLECT THE FOLLOWING BALANCE SHEET: CASH AND CASH EQUIVALENTS 4,049,248 OTHER ASSETS 506,008 INVESTMENTS, AT FAIR VALUE 24,462,054 CONTRIBUTED ASSETS 4,500 PROPERTY AND EQUIPMENT, NET OF ACCUMULATED DEPRECIATION 11,334,924 ACCOUNTS PAYABLE 182,004 ACCRUED EXPENSES 254,383 DEFERRED COMPENSATION 105,095 CHARITABLE GIFT ANNUITIES 935,184 NET ASSETS WITHOUT DONOR RESTRICTIONS 37,685,817 NET ASSETS WITH DONOR RESTRICTIONS 1,194,251 ARMS OF HOPE 21300 STATE HWY 16 N MEDINA TX 780553808 510416193 OPERATING CHRISTIAN HOMES FOR THE CARE OF CHILDREN TX 501(C)(3) LINE 7 N/A 0 BOLES CHILDREN'S HOME 7065 LOVE QUINLAN TX 754744609 750904045 OPERATING CHRISTIAN HOMES FOR THE CARE OF CHILDREN TX 501(C)(3) LINE 7 ARMS OF HOPE 1 BOLES CHILDREN'S HOME REALTY CORP 7065 LOVE QUINLAN TX 754744609 752839971 SUPPORTING ORGANIZATION TX 501(C)(2) ARMS OF HOPE 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 ARMS OF HOPE O 1579411 CASH ARMS OF HOPE P 126148 CASH ARMS OF HOPE S 3851586 CASH BOLES CHILDREN'S HOME D 16068497 CASH