2020-12-22T09:23:41-06:00 2020-09-30 840636698 OSBORNE PARSONS & ROSACKER LLP 601 NORTH NEVADA AVENUE COLORADO SPRINGS CO 80903 990 2019-10-01 481003869 MAKING CHANGE MAKI 7193378946 15642 WILLOW STREET THORNTON CO 80602 DAVID SCHOEDER TREASURER 7193378946 2020-12-21 1 MITCHELL DOWNS CPA P00831972 7196362321 2019 2022-09-23 18:48:47Z X X DAVID MCCONNELL JR PO BOX 237 COLORADO SPRINGS CO 80903 1870 0 X WWW.MAKINGCHANGE.ORG X 1985 DC TO FUND SELF-HELP COMMUNITY DEVELOPMENT PROGRAMS/PROJECTS IN THE UNITED STATES. X 1 1 1 0 0 0 4538376 0 0 0 0 0 0 1870 4538376 1870 4114204 0 0 0 174572 0 0 0 0 109015 545 4397791 545 140585 1325 97648 0 22239 0 75409 0 X MAKING CHANGE, FORMALLY KNOWN AS FICAH, WAS INCORPORATED ON JULY 23, 1985, FOR THE PURPOSE OF SOLICITING CONTRIBUTIONS FROM CORPORATE AND PRIVATE SOURCES WITHIN THE RETAIL INDUSTRY TO FUND SELF-HELP COMMUNITY DEVELOPMENT PROJECTS THROUGHOUT THE UNITED STATES. 0 1 MAKING CHANGE IS A 501(C)(3) NON-PROFIT ORGANIZATION THAT PROMOTES HUNGER RELIEF, HUMAN DIGNITY, WELLNESS, AND SELF-SUFFICIENT COMMUNITIES. WE DO THIS BY ENABLING OUR RETAIL PARTNERS TO SOLICIT DONATIONS FROM THEIR SHOPPERS TO PROVIDE SUPPORT OF NON-PROFIT AGENCIES (FULLY VETTED BY MAKING CHANGE AS A LEGITIMATE 501(C)(3) PRIOR TO DISBURSEMENT OF FUNDING) WHOSE MISSIONS ARE TO PROMOTE SELF-SUFFICIENCY WITHIN THE COMMUNITIES OUR RETAIL PARTNERS SERVE. WE FACILITATE THE COLLECTION OF THESE DONATIONS VIA THE DEVELOPMENT OF IN-STORE POINT-OF-PURCHASE MATERIALS (LOCATED AT THE CHECK STAND) THAT ALLOWS SHOPPERS (THE DONORS) TO CONTRIBUTE FUNDS AS THEY COMPLETE THEIR IN-STORE PURCHASES. 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 7 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X DAVID MCCONNELL JR 7193096742 PO BOX 237 COLORADO SPRINGS CO 80903 DAVID W SCHOEDER TREASURER 4.00 X X 0 0 0 DAVID MCCONNELL PRESIDENT/CEO 50.00 X 180393 0 0 180393 0 0 1 0 1 0 0 MISCELLANEOUS REVENUE 900099 1870 1870 1870 1870 1870 0 0 312 312 TELEPHONE 186 186 REPAIRS AND MAINTENANCE 42 42 DUES AND SUBSCRIPTIONS 5 5 545 0 545 0 95857 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1791 0 97648 0 21694 545 0 22239 0 X 75409 0 75409 0 97648 0 X 1325 -76734 X X 0 0 0 X 4585884 6049982 6573393 4538376 21747635 4585884 6049982 6573393 4538376 21747635 21747635 3821 483 4304 168 2715 2883 21754822 0.99970 0.99950 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2016 AMOUNT: $ 168. 2017 AMOUNT: $ 2,715. 0 X PART X, LINE 2: MAKING CHANGE'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. MAKING CHANGE IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES. X X X 0 0 0 0 0 0 0 0 0 DAVID MCCONNELL PRESIDENT/CEO 180393 0 0 0 0 0 0 0 0 0 180393 0 0 0 PART I, LINE 3 THE EXECUTIVE BOARD SETS THE COMPENSATION FOR THE PRESIDENT/CEO AT HIRING AND ANNUALLY. CASH 2019-12-19 50000 BOOK VALUE 846697172 MAKING CHANGE LIQUIDATING TRUST PO BOX 237 COLORADO SPRINGS CO 80903 301.7701-4(D) CASH 2019-12-27 46433 BOOK VALUE 846697172 MAKING CHANGE LIQUIDATING TRUST PO BOX 237 COLORADO SPRINGS CO 80903 301.7701-4(D) SALARIES PAYABLE 2020-10-01 -20944 BOOK VALUE 846697172 MAKING CHANGE LIQUIDATING TRUST PO BOX 237 COLORADO SPRINGS CO 80903 301.7701-4(D) OTHER ASSETS 2019-12-27 1245 BOOK VALUE 846697172 MAKING CHANGE LIQUIDATING TRUST PO BOX 237 COLORADO SPRINGS CO 80903 301.7701-4(D) 1 0 0 0 1 1 1 1 0 PART I, LINE 2E: PERSON(S) INVOLVED: DAVID MCCONNELL AND DAVID SCHOEDER PART I, LINE 2E: EXPLANATION OF INVOLVEMENT: THE MAKING CHANGE BOARD OF TRUSTEES CEASED OPERATION WHEN THE ORGANIZATION WAS DISSOLVED AS A 501(C)(3) ENTITY. DAVID MCCONNELL AND DAVID SCHOEDER WERE NAMED THE TRUSTEES OF THE MAKING CHANGE LIQUIDATING TRUST, AN ENTITY WHICH WAS CREATED TO MANAGE THE FINANCIAL ASSETS FORMERLY HELD BY MAKING CHANGE AND ULTIMATELY THE SHUTDOWN OF THE TRUST. THE LIQUIDATING TRUST WAS FORMED AS AN IRREVOCABLE TRUST WITH THE BENEFICIARIES NAMED AS OWNERS. THE SOLE BENEFICIARY OF THE IRREVOCABLE MAKING CHANGE LIQUIDATING TRUST IS ONE HUNDRED BLACK MEN OF SOUTH FLORIDA, INC. A 501(C)(3) ORGANIZATION EIN 65-0138060. FORM 990, PART III, LINE 3 MAKING CHANGE CEASED OPERATIONS AND LIQUIDATED DURING THE CURRENT TAX YEAR. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS MAILED TO EACH TRUSTEE FOR REVIEW AND COMMENT BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C EACH TRUSTEE SHALL BE RESPONSIBLE FOR DISCLOSING TO THE CORPORATION ANY MATTER THAT WOULD MAKE SUCH TRUSTEE AN "INTERESTED PERSON" WITHIN THE MEANING OF THE LAW. IN ADDITION, AT ANY TIME THE BOARD OF TRUSTEES OR THE EXECUTIVE BOARD SHALL HAVE NOT MORE THAN FORTY-NINE PERCENT (49%) OF THE TRUSTEES OR MEMBERS AS "INTERESTED PERSONS" DEFINED AS (A) ANY PERSON BEING COMPENSATED BY THE CORPORATION FOR SERVICES RENDERED TO IT WITHIN THE PREVIOUS 12 MONTHS, WHETHER AS A FULL-TIME OR PART-TIME EMPLOYEE, INDEPENDENT CONTRACTOR OR OTHERWISE; AND (B) ANY BROTHER, SISTER, ANCESTOR, DESCENDANT, SPOUSE, BROTHER-IN-LAW, SISTER-IN-LAW, SON-IN-LAW, DAUGHTER-IN-LAW, MOTHER-IN-LAW OR FATHER-IN-LAW OF ANY SUCH PERSON. NOTHWITHSTANDING THE FOREGOING, ANY VIOLATION OF THE PROVISION OF THIS SECTION SHALL NOT AFFECT THE VALIDITY OR ENFORCEABILITY OF ANY TRANSACTION ENTERED INTO BY THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 15A CHIEF EXECUTIVE OFFICER (CEO) COMPENSATION IS DETERMINED BY THE EXECUTIVE BOARD OF TRUSTEES UTILIZING INDEPENDENT PERSONS, COMPARABILITY DATA, AND CONTEMPORANEOUS SUBSTANTIATION OF THE DECISION MAKING PROCESS. THE PRESIDENT/CEO DETERMINES ALL OTHER OFFICER AND/OR KEY EMPLOYEE COMPENSATION. 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: DISTRIBUTIONS TO MAKING CHANGE LIQUIDATING TRUST -76,734. FORM 990, PART XII, LINE 1: MAKING CHANGE'S BOARD OF DIRECTORS APPROVED A PLAN OF DISSOLUTION ON MARCH 18, 2019, AND THE ORGANIZATION DETERMINED, THEREFORE, THAT LIQUIDATION IS IMMINENT. AS A RESULT, THE ORGANIZATION CHANGED ITS BASIS OF ACCOUNTING ON MARCH 18, 2019, FROM THE ACCRUAL BASIS TO A LIQUIDATION BASIS.