2021-07-15T13:16:40-05:00 2020-08-31 450250958 EIDE BAILLY LLP 400 PINE ST STE 600 ABILENE TX 796015190 990 2019-09-01 751377874 SHERWOOD AND MYRTIE FOSTER'S HOME FOR CHILDREN INC SHER 2549682143 PO BOX 978 STEPHENVILLE TX 76401 DOUG YOUNG PRESIDENT & CEO 2549682143 2021-07-15 1 DONNA SCIFRES-SOLOMON CPA P01056185 3256724000 2021-07-15 2019 2022-09-23 18:48:47Z DOUG YOUNG PO BOX 978 STEPHENVILLE TX 76401 5191271 0 X WWW.FOSTERSHOME.ORG X 1972 TX TO PROVIDE CHILD CARE AND FOSTER CARE CHILD PLACEMENT 15 15 64 100 0 0 3965448 3549439 1100048 1054812 28230 24210 105995 108393 5199721 4736854 1268326 486453 0 0 1879200 2098411 0 0 332407 1589391 1789324 4736917 4374188 462804 362666 10799368 11328220 102322 115104 10697046 11213116 TO PROVIDE CHILD CARE AND FOSTER CARE CHILD PLACEMENT 0 0 3847814 486453 1059106 CHILD CARE AND FOSTER CARE CHILD PLACEMENT 3847814 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 11 0 1 64 1 0 0 0 0 0 0 0 0 0 1 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X CLAIRE BRIDGES 2549682143 PO BOX 978 STEPHENVILLE TX 76401 LARRY PRATT DIRECTOR 1.00 X 0 0 0 STEVE PARKER DIRECTOR 1.00 X 0 0 0 PHIL UHRHAN DIRECTOR 1.00 1.00 X 0 0 0 STEVE SMITH VICE CHAIRMAN 1.00 X X 0 0 0 JEFF JEFFRIES DIRECTOR 1.00 X 0 0 0 DARLA DOTY DIRECTOR 1.00 X 0 0 0 MIKE BLEVINS SECRETARY/TREASURER 1.00 1.00 X X 0 0 0 EARL KRIEG JR DIRECTOR 1.00 X 0 0 0 CLINTON NIX DIRECTOR 1.00 1.00 X 0 0 0 JAMES BO COX CHAIRMAN 1.00 1.00 X X 0 0 0 JOHN TERRILL DIRECTOR 1.00 1.00 X 0 0 0 STEVEN HEROD DIRECTOR 1.00 X 0 0 0 CARL SMITH DIRECTOR 1.00 X 0 0 0 DEBBIE GILES DIRECTOR 1.00 X 0 0 0 CAROLE CATES DIRECTOR 1.00 X 0 0 0 LACY BARTON VICE PRESIDENT 1.00 40.00 X 0 0 0 HARRIET FRAZIER VICE PRESIDENT 1.00 40.00 X 0 0 0 BRAWNSON OLIVER VICE PRESIDENT 1.00 40.00 X 0 0 0 DOUG YOUNG PRESIDENT / CEO 1.00 40.00 X 0 0 0 GLENN NEWBERRY PAST PRESIDENT 10.00 40.00 X 33092 105600 24460 33092 105600 24460 0 0 1 0 0 275098 518000 411500 2344841 53676 3549439 CHILD CARE PROGRAM 624410 1054812 1054812 1054812 11213 11213 7850 0 7850 7850 7850 375217 80352 375217 67355 0 12997 12997 12997 108094 275098 11845 96249 96249 OTHER INCOME 900099 4294 4294 4294 4736854 1059106 0 128309 486453 486453 1686735 1399913 95654 191168 129515 108330 7483 13702 153041 116191 13149 23701 129120 107214 7302 14604 250 250 24182 24182 2300 2300 210350 207825 395 2130 47390 34635 2653 10102 461548 461548 188381 183977 4404 SUPPLIES 187108 148859 6794 31455 FOOD CLOTHING & MEDICAL 149895 149895 FOSTER CARE 122701 122701 SERVICES & PROFESSIONAL 100651 100651 294568 219622 31701 43245 4374188 3847814 193967 332407 1086945 1583692 78949 129815 14515 5000 7374 1587 13207037 4018678 9014068 9188359 18141 0 579376 419767 10799368 11328220 66712 71690 35610 43414 102322 115104 X 9145364 11206843 1551682 6273 10697046 11213116 10799368 11328220 362666 153404 0 X 0 1 X 1 0 X 4973421 4551160 3401295 3965448 3137939 20029263 4973421 4551160 3401295 3965448 3137939 20029263 20029263 12302 11295 21640 22243 11213 78693 233936 7403 13251 4489 4294 263373 20371329 4405367 0.98320 0.95950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 784857 784857 10026094 2744713 7281381 752763 284430 468333 470054 248671 221383 1173269 740864 432405 9188359 PENSION CONTRIBUTION PAYABLE 21713 FUNDS HELD FOR THE BENEFIT OF CHILDREN 13429 BENEFITS PAYABLE 8272 43414 4273863 153404 11845 165249 4108614 628240 628240 4736854 3899580 11845 11845 3887735 486453 486453 4374188 PART V, LINE 4: ENDOWMENT FUNDS WERE ESTABLISHED FOR THE PURPOSE OF ASSISTING THE HOME WITH THE COST OF HIGHER EDUCATION FOR THE CHILDREN. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 11,845. PART XI, LINE 4B - OTHER ADJUSTMENTS: TRANSFERS IN FROM FOUNDATION 518,000. TEMPORARILY RESTRICTED REVENUES 110,240. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 11,845. PART XII, LINE 4B - OTHER ADJUSTMENTS: TRANSFERS OUT TO FOUNDATION 486,453. AUCTION PROCEEDS 99164 99164 3640 YEAR END APPEAL 152540 152540 8 131488 122558 8930 8205 383192 275098 108094 11845 11845 96249 1 FOSTER'S HOME FOUNDATION PO BOX 978 STEPHENVILLE TX 76401 752446210 501(C)3 486453 TO INVEST FOR FUTURE FOSTER CARE X 0 0 0 0 0 0 0 0 0 GLENN NEWBERRY PAST PRESIDENT 33092 105600 0 0 0 0 2647 8448 2805 10560 38544 124608 0 0 X 14 15933 SALES PRICE AT AUCTION X 1 37743 CHURCH BUILDING 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B LINE 11A EXPLANATION - A COPY OF FORM 990 IS SENT TO THE BOARD OF DIRECTORS FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C A WRITTEN CONFLICT OF INTEREST POLICY IS PRESENT AND THE BOARD MEMBERS REVIEW AND SIGN IT ANNUALLY. COMPLIANCE IS MONITORED AND ENFORCED BY REFUSAL TO ENGAGE IN ANY MONETARY TRANSACTIONS FROM THE HOME TO THE BOARD. THIS INVOLVES REFUSING TO UTILIZE ANY BOARD MEMBER, OR THEIR COMPANY, FOR SERVICES RENDERED. BOARD MEMBERS ALSO ABSTAIN AS NECESSARY FROM ANY VOTES THAT MAY PERTAIN TO A PERSONAL CONFLICT OF INTEREST RELATED TO RELATIONSHIPS, TRANSACTIONS, OR POSITIONS. IF A BOARD MEMBER PERCEIVES THEY, OR ANOTHER BOARD MEMBER, MAY HAVE A CONFLICT OF INTEREST, IT IS BROUGHT UP FOR DISCLOSURE AND DISCUSSION. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR'S SALARY IS DISCUSSED AND APPROVED BY THE BOARD OF DIRECTORS AND THEN IS RECORDED IN THE BOARD MEETING MINUTES. THE EXECUTIVE DIRECTOR SUGGESTS SALARIES FOR OTHER OFFICERS OR KEY EMPLOYEES FOR THE BOARD'S APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. FOSTER'S HOME FOUNDATION PO BOX 978 STEPHENVILLE TX 76401 752446210 TO PROVIDE FUNDING TO OPERATE FOSTER'S HOME FOR CHILDREN TX 501(C)3 11 TYPE I 0 0 1 1 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 FOSTER'S HOME FOUNDATION B 486453 FOSTER'S HOME FOUNDATION C 518000