2021-07-13T20:38:02-05:00 2020-08-31 861065772 DELOITTE TAX LLP TWO JERICHO PLAZA JERICHO NY 11753 990 2019-09-01 222867371 MAKE-A-WISH FOUNDATION OF MASSACHUSETTS AND RHODE ISLAND INC MAKE 6173679474 133 FEDERAL STREET 2ND FLOOR BOSTON MA 021101703 CHARLOTTE A BEATTIE CHIEF EXECUTIVE OFFICER 6173679474 2021-07-12 1 CHRISTINE KAWECKI P00743140 5169187000 2021-07-09 2019 2022-09-23 18:48:47Z SEAN HOLLERAN 133 FEDERAL STREET 2ND FLOOR BOSTON MA 021101703 24357238 0 X WWW.MASSRI.WISH.ORG X 1983 MA SEE SCHEDULE O. 16 16 33 490 0 0 8107540 5757870 13800 4550 700475 2154258 13917 4703 8835732 7921381 3656318 2174558 0 0 2534420 2696527 0 0 1273159 1388318 1559685 7579056 6430770 1256676 1490611 15772341 17059588 510040 1001314 15262301 16058274 X SEE SCHEDULE O. 0 0 3731818 2174558 9253 SEE SCHEDULE O. 3731818 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 19 1 1 33 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 MA RI X X SEAN HOLLERAN 6173679474 133 FEDERAL STREET 2ND FLOOR BOSTON MA 02110 KIM MCCASLIN DIRECTOR/CHAIRPERSON 2.00 X X 0 0 0 BRUCE PLATZMAN DIRECTOR/VICE-CHAIRPERSON 2.00 X X 0 0 0 ALFRED ROSE DIRECTOR 2.00 X 0 0 0 AMY WARYAS DIRECTOR 2.00 X 0 0 0 ANDREW REES DIRECTOR 2.00 X 0 0 0 ANDY PHELAN DIRECTOR THROUGH 2/27/20 2.00 X 0 0 0 CHERYL WILKINSON DIRECTOR 2.00 X 0 0 0 DAVID SHEPHERD DIRECTOR 2.00 X 0 0 0 ELAINE KEENE DIRECTOR 2.00 X 0 0 0 JAMES MATTIE DIRECTOR 2.00 X 0 0 0 JOHN WALSH DIRECTOR 2.00 X 0 0 0 JOSEPH PERRONI DIRECTOR 2.00 X 0 0 0 LEN HO DIRECTOR 2.00 X 0 0 0 LIZ BRUNNER DIRECTOR 2.00 X 0 0 0 MEGAN PACE DIRECTOR THROUGH 12/1/19 2.00 X 0 0 0 PAUL GROSSMAN DIRECTOR 2.00 X 0 0 0 RICH GOTHAM DIRECTOR 2.00 X 0 0 0 TIMOTHY GRADY DIRECTOR 2.00 X 0 0 0 CHARLOTTE BEATTIE CHIEF EXECUTIVE OFFICER 50.00 X 250537 0 19648 JOANNE SPILLANE VP CORP ALLIANCES & EVNTS 50.00 X 122441 0 14798 LAUREN COTTER WISH PROGRAM DIRECTOR 50.00 X 100463 0 13759 JULIE ABEL MEDICAL OUTREACH DIRECTOR 50.00 X 100001 0 13671 DAVID HANSON FORMER COO THROUGH 7/19/19 50.00 X 112845 0 11163 686287 0 73039 5 1 1 0 0 977095 4780775 512910 5757870 WISH ASSIST FEES 900099 4550 4550 4550 240218 240218 18222124 16308084 1914040 1914040 1914040 127773 977095 127773 0 REBATES 900099 4703 4703 4703 7921381 9253 0 2154258 100000 100000 2074558 2074558 301222 39159 228929 33134 1964151 639700 587217 737234 69003 22861 21299 24843 189480 67363 55549 66568 172671 55821 56826 60024 40722 40722 217283 15098 157231 44954 43034 14666 11388 16980 470641 183307 136621 150713 12193 1158 9979 1056 10900 2217 3039 5644 84081 32792 24384 26905 NATIONAL DUES 548985 406249 76858 65878 WISH PERKS 49883 49883 REPAIRS & MAINTENANCE 27361 10361 7704 9296 PRINTING & SUBSCRIPTION 25953 4484 432 21037 28649 12141 7615 8893 6430770 3731818 1425793 1273159 X 12018 6009 0 6009 2835303 2669927 148493 0 999997 902979 77513 318847 872948 245984 711045 626964 10916679 0 12483236 83311 57635 15772341 17059588 376942 303671 438900 133098 258743 510040 1001314 X 13937120 14750328 1325181 1307946 15262301 16058274 15772341 17059588 1490611 -694638 0 X 0 1 X 1 0 X 6883268 6895207 7348742 8107540 5757870 34992627 6883268 6895207 7348742 8107540 5757870 34992627 185704 34806923 209818 277659 362258 385248 240218 1475201 472917 460098 512309 576083 132476 2153883 38621711 70350 0.90120 0.89550 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS FUNDRAISING REVENUE - 2015 AMOUNT: $ 460,815. 2016 AMOUNT: $ 443,048. 2017 AMOUNT: $ 507,123. 2018 AMOUNT: $ 562,166. 2019 AMOUNT: $ 127,773. OTHER REVENUE - 2015 AMOUNT: $ 7,382. 2016 AMOUNT: $ 13,070. 2017 AMOUNT: $ 5,186. 2018 AMOUNT: $ 13,917. 2019 AMOUNT: $ 4,703. GROSS GAMING REVENUE - 2015 AMOUNT: $ 4,720. 2016 AMOUNT: $ 3,980. 2017 AMOUNT: $ 0. 2018 AMOUNT: $ 0. 2019 AMOUNT: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8308651 615451 1459620 1087516 40722 9255484 8428508 714126 167852 958084 43751 8308651 7742134 701161 964622 963127 16282 8428508 7113660 580020 1037847 960631 28762 7742134 7141417 513748 540471 1056347 25629 7113660 0.82000 0.01000 0.17000 1 0 10350 1723 8627 23371 16547 6824 839227 227714 611513 626964 SECURITIES 12483236 C 12483236 DEFERRED RENT 133543 DEFERRED REVENUE 125200 258743 X 6589220 -694638 433262 -261376 6850596 40722 1030063 1070785 7921381 6823310 433262 433262 6390048 40722 40722 6430770 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF SEVERAL INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES INCLUDING BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENTS. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENTS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THE FOUNDATION HAS INTERPRETED THE MASSACHUSETTS UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT (UPMIFA) AS REQUIRING THE PRESERVATION OF THE FAIR VALUE OF THE ORIGINAL GIFT AS OF THE GIFT DATE OF THE DONOR-RESTRICTED ENDOWMENT FUNDS ABSENT EXPLICIT DONOR STIPULATIONS TO THE CONTRARY. AS A RESULT OF THIS INTERPRETATION THE FOUNDATION CLASSIFIES AS PERMANENTLY RESTRICTED NET ASSETS (A) THE ORIGINAL VALUE OF GIFTS DONATED TO THE PERMANENT ENDOWMENT, (B) THE ORIGINAL VALUE OF SUBSEQUENT GIFTS TO PERMANENT ENDOWMENT, (C) ACCUMULATIONS TO THE PERMANENT ENDOWMENT MADE IN ACCORDANCE WITH THE DIRECTION OF THE APPLICABLE DONOR GIFT INSTRUMENT AT THE TIME THE ACCUMULATION IS ADDED TO THE FUND. THE REMAINING PORTION OF THE DONOR-RESTRICTED ENDOWMENT FUNDS THAT IS NOT CLASSIFIED IN PERMANENTLY RESTRICTED NET ASSETS IS CLASSIFIED AS TEMPORARILY RESTRICTED NET ASSETS UNTIL THOSE AMOUNTS ARE APPROPRIATED FOR EXPENDITURE BY THE FOUNDATION IN A MANNER CONSISTENT WITH THE STANDARD OF PRUDENCE PRESCRIBED BY UPMIFA. PART X, LINE 2: MANAGEMENT BELIEVES THAT NO UNCERTAIN TAX POSITIONS EXIST FOR THE FOUNDATION AT AUGUST 31, 2020 AND 2019. PART XI, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN NET ASSETS FROM NON-OPERATING ACTIVITIES 1,030,063. GALA 562041 557553 4488 0 4410 78 EVENING OF WISHES 239575 146434 93141 47514 41425 4202 5 303252 273108 30144 24508 2437 3199 1104868 977095 127773 72022 48272 7479 127773 0 1 MAKE-A-WISH FOUNDATION OF AMERICA 1702 E HIGHLAND AVENUE SUITE 400 PHOENIX AZ 85016 860481941 501(C)(3) 100000 0 FMV WISH GRANTING 1 0 WISHES GRANTED 239 214449 1860109 FMV TRAVEL, M&E, SUPPLIES PART I, LINE 2: MAKE-A-WISH FOUNDATION OF MASSACHUSETTS AND RHODE ISLAND, INC. GRANTS WISHES TO SELECTED BENEFICIARIES THAT MEET THE SPECIFIC CRITERIA FOR THE WISH GRANTING PROGRAM. THE ORGANIZATION GENERALLY REMITS FUNDS DIRECTLY TO THE VENDORS FOR THE WISH EXPENSES, WITH THE EXCEPTION OF TRAVEL STIPENDS (I.E., MEALS, TIPS, GAS, ETC.) FROM A STANDARDIZED BUDGET. ALL WISH EXPENSES ARE REVIEWED BY THE WISH DIRECTOR AND ARE APPROVED BY THE PRESIDENT/CEO. THE SUPPORTING WISH EXPENSE DOCUMENTATION (I.E., INVOICES AND STATEMENTS) IS RETAINED BY THE ORGANIZATION. X X X 1 0 0 0 0 0 0 1 0 CHARLOTTE BEATTIE CHIEF EXECUTIVE OFFICER 225537 0 25000 0 0 0 10600 0 9048 0 270185 0 0 0 DAVID HANSON FORMER COO THROUGH 7/19/19 95135 0 0 0 17710 0 6000 0 5163 0 124008 0 0 0 PART I, LINE 4A DAVID HANSON RECEIVED SEVERANCE IN THE AMOUNT OF $16,667, PURSUANT TO A SEPARATION AGREEMENT. PART I, LINE 7 THE ORGANIZATION PROVIDED A NON-FIXED BONUS TO THE CEO & V.P. OF CORPORATE ALLIANCE AND EVENTS. BONUSES GIVEN ARE BASED ON COMPENSATION DATA AND RESEARCH, AS WELL AS ON INDIVIDUAL PERFORMANCE; CEO BONUSES ARE AT THE DISCRETION OF THE BOARD; ALL OTHER BONUSES ARE GIVEN WITH AUTHORITY FROM THE BOARD. X GIFT/ENT/PARK 112 278660 COST/SELLING PRICE X OTHER 279 113241 COST/SELLING PRICE X SPORTING EVENTS 15 49656 COST/SELLING PRICE X PLAYSET/POOL 19 44068 COST/SELLING PRICE X THEME PARK 66 27285 COST/SELLING PRICE 0 0 1 1 PART I, COLUMN (B): THE AMOUNT IN COLUMN (B) REFERS TO THE NUMBER OF CONTRIBUTIONS RECEIVED. PART I, LINE 32B: THE ORGANIZATION HIRED AN OUTSIDE AUCTIONEER TO AUCTION OFF THE ITEMS AT EVENING OF WISHES. FORM 990, PART I, LINE 1: THE MAKE-A-WISH FOUNDATION OF MASSACHUSETTS AND RHODE ISLAND, INC. CREATES LIFE-CHANGING WISHES FOR CHILDREN WITH CRITICAL ILLNESSES. FORM 990, PART III, LINE 1: THE MAKE-A-WISH FOUNDATION OF MASSACHUSETTS AND RHODE ISLAND, INC. CREATES LIFE-CHANGING WISHES FOR CHILDREN WITH CRITICAL ILLNESSES. OUR ORGANIZATION STRIVES TO REACH EACH ELIGIBLE CHILD IN MASSACHUSETTS AND RHODE ISLAND TO DELIVER HIGH QUALITY WISH EXPERIENCES EXCLUSIVELY TO THE DELIGHT OF THE CHILDREN AND THEIR FAMILIES. WE GRANT THESE WISHES THROUGH AN ORGANIZATION THAT CONSISTENTLY FUNCTIONS AT THE HIGHEST LEVEL AND DOES SO WITH UNQUESTIONED INTEGRITY AND ETHICS. WE DEVELOP THE NECESSARY FINANCIAL RESOURCES AND USE THOSE RESOURCES EFFICIENTLY, AND ENSURE BROAD AWARENESS OF OUR WORK IN OUR COMMUNITY. FORM 990, PART III, LINE 4A: THE FOUNDATION GRANTED 239 WISHES TO CHILDREN WITH CRITICAL ILLNESSES THROUGHOUT MASSACHUSETTS AND RHODE ISLAND. THE WISHES FOR THE CURRENT YEAR WERE AS FOLLOWS: 87 WISHES -DISNEY WORLD, 36 WISHES - SHOPPING SPREE (TRAVEL AND LOCAL), 32 WISHES - TRAVEL/CRUISE (DOMESTIC AND INTERNATIONAL),19 WISHES - COMPUTER/ELECTRONICS, 14 WISHES - CELEBRITY MEETINGS (TRAVEL AND LOCAL),11 WISHES - TRAILER/CAMPER, 9 WISHES - PLAY SET/PLAYHOUSE, 31 WISHES - OTHER, ROOM REDECORATION, CONSTRUCTION, ANIMAL, MOTORIZED VEHICLE, SWIMMING POOL, MEDICAL EQUIPMENT, SPORTS EQUIPMENT, HOT TUB, MUSICAL INSTRUMENT. THE TOTAL GOAL OF OUR PROGRAM IS TO BRING HOPE, STRENGTH AND JOY INTO THE LIVES OF THESE CHILDREN AND THEIR FAMILIES THROUGH THE WISH PROCESS. TOTAL WISH GRANTING EXPENSE FOR THE FISCAL YEAR WAS $2,441,250. OF THIS AMOUNT, $366,692 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 THAT THE $366,692 OF CONTRIBUTED SERVICES AND USE OF FACILITIES BE EXCLUDED FROM BOTH REVENUE AND EXPENSE. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS HAS DELEGATED THE REVIEW OF THE FORM 990 TO THE AUDIT COMMITTEE. THE ORGANIZATION'S FINANCE STAFF WORKS CLOSELY WITH THE OUTSIDE ACCOUNTING FIRM IT ENGAGES TO REVIEW THE RETURN AND THE FINAL DRAFT OF THE FORM 990 IS REVIEWED BY THE CEO BEFORE SUBMITTING TO THE AUDIT COMMITTEE. IN ADDITION TO CONSULTING WITH THE FINANCE STAFF, THE AUDIT COMMITTEE ALSO REVIEWS AND DISCUSSES THE FINAL RETURN WITH THE CEO, FINANCE STAFF, AND OUTSIDE ACCOUNTING FIRM AS PART OF ITS REVIEW OF THE DRAFT RETURN. THE ENTIRE BOARD RECEIVES A COPY OF THE RETURN PRIOR TO FILING. THE CEO ADVISES THE BOARD OF DIRECTORS THAT THE RETURN HAS BEEN REVIEWED AND IS READY TO BE FILED. FORM 990, PART VI, SECTION B, LINE 12C THE EXECUTIVE COMMITTEE OF THE BOARD, OFFICERS OF THE BOARD, AND THE CEO ARE CHARGED WITH MONITORING AND ENSURING THAT NO POTENTIAL CONFLICT OF INTEREST EXISTS. EVERY BOARD AND STAFF MEMBER IS REQUIRED TO REVIEW AND SIGN A CONFLICT OF INTEREST AND ETHICS FORM AT THE START OF THEIR SERVICE WITH THE ORGANIZATION. THE CONFLICT OF INTEREST AND ETHICS FORMS ARE SUBSEQUENTLY REVIEWED AND SIGNED ANNUALLY. THIS PROCESS AND THE FORM SERVES AS A REMINDER TO EACH BOARD MEMBER AND STAFF MEMBERS THAT ANY POTENTIAL CONFLICT OF INTEREST MUST BE SHARED WITH THE CEO AND EXECUTIVE COMMITTEE. AT THE TIME THE CONFLICT ARISES THE PROCEDURE FOR ADDRESSING ANY CONFLICT OF INTEREST INCLUDES BUT IS NOT LIMITED TO THE FOLLOWING (1) THE CONFLICTING INTEREST IS FULLY DISCLOSED TO THE EXECUTIVE COMMITTEE, (2) THE INTERESTED PERSON RESPONDS TO FACTUAL QUESTIONS RELATED TO THE SUBSTANCE OF THE TRANSACTION OR ARRANGEMENT BEING CONSIDERED, (3) THE PERSON WITH THE CONFLICT OF INTEREST IS EXCLUDED FROM THE DISCUSSION AND APPROVAL OF SUCH TRANSACTION, (4) THE TRANSACTION MUST BE APPROVED BY A MAJORITY OF THE EXECUTIVE COMMITTEE AND/OR DISINTERESTED PERSONS. FORM 990, PART VI, SECTION B, LINE 15A PROCESS FOR DETERMINING COMPENSATION OF THE CEO: THE BOARD EXECUTIVE COMMITTEE CONDUCTS AN EVALUATION OF THE CEO'S PERFORMANCE. IN ADDITION, THE EXECUTIVE COMMITTEE CONDUCTS A SURVEY OF THE COMPENSATION OF EXECUTIVES AT COMPARABLY SIZED NON-PROFITS IN THE AREA AS WELL AS IN THE MAKE-A-WISH NETWORK .THE EXECUTIVE COMMITTEE REVIEWS THE CEO'S PERFORMANCE AND DISCUSSES THE RESULTS OF THE COMPENSATION SURVEYS. THEY SHARE THE PERFORMANCE REVIEW WITH THE BOARD OF DIRECTORS AND PRESENT A RECOMMENDATION TO THE BOARD OF DIRECTORS OF ANY COMPENSATION CHANGES. THE BOARD OF DIRECTORS DISCUSSES THE PERFORMANCE EVALUATION AND VOTES TO APPROVE THE EVALUATION AND COMPENSATION OF THE CHIEF EXECUTIVE OFFICER. THE COMMITTEES WRITTEN RECORDS INCLUDE THE (1) TERMS OF THE SALARY INCREASE WITH THE PERSON (INCLUDING THE DATE THE ARRANGEMENT WAS APPROVED), (2) A LIST OF MEMBERS PRESENT DURING THE DISCUSSION ON THE TRANSACTION (AND HOW THE MEMBERS VOTED WHEN IT WAS APPROVED), AND (3) A DESCRIPTION OF THE COMPARABLE DATA RELIED ON BY THE COMMITTEE. KEY DELIBERATIONS OF THE COMMITTEE ARE ALSO DOCUMENTED IN MINUTES WHICH WERE APPROVED. FORM 990, PART VI, SECTION B, LINE 15B: PROCESS FOR DETERMINING COMPENSATION FOR OFFICERS OR KEY EMPLOYEES OF THE ORGANIZATION: THE CEO RECOMMENDS THE COMPENSATION POOL AND THE BOARD APPROVES IT DURING THE BUDGET PROCESS BEFORE THE START OF THE FISCAL YEAR. THE CEO USES THIS INFORMATION AS WELL AS INFORMATION ASCERTAINED FROM A SURVEY OF THE COMPENSATION OF KEY EMPLOYEES AT COMPARABLY SIZED NON-PROFIT ORGANIZATIONS TO DETERMINE THE APPROPRIATE RANGE FOR EACH KEY POSITION. DETERMINATION OF ANY COMPENSATION INCREASE IS BASED ON INFORMATION GAINED FROM THE SURVEY, THE PRE-DETERMINED BUDGET AS WELL AS PERFORMANCE OF THE EMPLOYEE. FORM 990, PART VI, SECTION C, LINE 19 WHILE FEDERAL TAX LAWS DO NOT MANDATE THAT THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS BE MADE AVAILABLE FOR PUBLIC INSPECTION, THE ORGANIZATION MAKES ITS AUDITED FINANCIAL STATEMENTS AND FORM 990 AVAILABLE UPON REQUEST AND ON ITS WEBSITE. GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES ARE ALSO AVAILABLE UPON REQUEST WITH INSPECTION AT AN OFFICE OF THE ORGANIZATION. IN ADDITION, THE ENTITY'S FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION AT THE MASSACHUSETTS ATTORNEY GENERAL'S OFFICE.