2020-10-12T14:01:35-07:00 2019-12-31 990 2019-01-01 450488990 FUNDACION TELETON USA FUND 2108887375 10839 Quarry Park San Antonio TX 78233 Rossana Corona Romo Assistant Treasurer 2108887375 2020-10-12 97.77.73.202 2019 2021-01-29 14:40:06Z Rossana Corona Romo 10839 Quarry Park San Antonio TX 78233 24793178 0 X www.teletonusa.org X 2002 TX RAISING CRITICAL FUNDS AND AWARENESS TO INSPIRE A MORE INCLUSIVE, ACCEPTING WORLD FOR CHILDREN WITH DISABILITIES AND THEIR FAMILIES WHILE EMPOWERING THEM TO LIVE THEIR LIVES TO THE FULLEST POTENTIAL. 6 6 0 6 0 0 6544311 7336405 0 0 127773 169603 0 0 6672084 7506008 5464051 4789980 0 0 0 0 0 0 2743593 5729849 5232181 11193900 10022161 -4521816 -2516153 20922945 19685831 213472 1147182 20709473 18538649 X RAISING CRITICAL FUNDS AND AWARENESS TO INSPIRE A MORE INCLUSIVE ACCEPTING WORLD FOR CHILDREN WITH DISABILITIES AND THEIR FAMILIES WHILE EMPOWERING THEM TO LIVE THEIR LIVES TO THE FULLEST POTENTIAL. 0 0 6949356 4789980 0 ONE OF THE MAIN PURPOSES OF THE ORGANIZATION IS TO PROMOTE SOCIAL CONSCIOUSNESS AND GET PEOPLE INFORMED ON WHAT CHILDREN WITH DISABILITIES GO THROUGH AND TO HELP THEM ACCOMPLISH THEIR DREAMS THROUGH AN ADEQUATE PSYCHOLOGICAL ASSISTANCE AND PHYSICAL REHABILITATION. REGARDING THE ORGANIZATION'S PROGRAM SERVICES ACCOMPLISHMENTS FOR EACH OF OUR TWO LARGEST PROGRAM SERVICES, WE CAN MENTION THE FOLLOWING: 1) WITH THE PROCEEDS FROM THE FOREGOING TELETON EVENT, FUNDACION TELETON USA FINANCED THE BUILDING AND OPERATIONS OF THE CHILDREN'S REHABILITATION INSTITUTE OF TELETON USA IN SAN ANTONIO, TEXAS. THIS REHABILITATION CENTER IS SERVICING PATIENTS WITH PHYSICAL DISABILITIES, SUCH AS MILD AND SEVERE CEREBRAL PALSY; SPINAL CORD DISORDERS-ACQUIRED; SPINAL CORD INJURY; NEUROMUSCULAR DISEASES-MUSCULAR DYSTROPHY; CONGENIAL SKELETAL DEFICIENCIES-ACQUIRED; AMPUTATIONS-BONE AND JOINT DISEASES; GENETIC AND CONGENITAL DISORDERS; AND NEW BORN WITH NEUROLOGICAL DISORDERS RISK FACTORS. 2). THE ORGANIZATION ALSO DONATED USE OF FACILITIES VALUED AT $897,398. 0 0 0 6949356 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 12 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 AK AL AR AZ CA CO CT FL GA HI IL KS KY MA MD ME MI MN MO MT NC ND NH NJ NM OH OK OR PA RI SC TN UT VA WI WV X ANA D GARCIA 2102576260 10839 Quarry Park San Antonio TX 78233 Federica Soriano PROGRAM DEVELOPMENT OFFICER 10 40 X 0 176504 25371 Ana Garcia COO 0.00 40.00 X 0 118577 8967 Rossana Corona Romo TREASURER 10 40 X 0 114151 0 Carlos Dovalina Blanco ASSISTANT TREASURER 10 40 X 0 53508 0 Guillermo Valdes Garcia SECRETARY 10 40 X 0 53508 0 Pedro Fernando Landeros Verdugo PRESIDENT 1 0 X X 0 0 0 Joe A Rudberg ASSISTANT SECRETARY 1 0 X X 0 0 0 Emilio Fernando Azcarraga Jean BOARD MEMBER 1 0.00 X 0 0 0 Mauricio Vazquez BOARD MEMBER 1 0 X 0 0 0 Francisco Aguilera BOARD MEMBER 1 0 X 0 0 0 Juan Diego Gutierrez Cortina BOARD MEMBER 1 0 X 0 0 0 Maria Cristina Prieto CORPORATE SPONSORSHIP OFFICER 10 40 X 0 0 0 0 516248 34338 0 0 1 0 UNIVISION COMMUNICATIONS INC 500 FRANK W BURR BLVD TEANECK NJ 07666 PRODUCTION/TELETON EVENT 2004299 FUNDACION TELETON MEXICO AC GUSTAVO BAZ PRADA 219 SAN PEDRO BARRIENTOS TLALNEPANTLA DE BAZ ESTADO DE MEXICO MX 54010 PROFESSIONAL AND TECHNICAL ADVICE 672033 LISTEN UP ESPANOL LISTEN TRUST 16 Casco Street 2nd Floor SUITE 1500 Portlantd ME 04101 PROFESSIONAL SERVICES 180187 US27 STUDIOS LLC 1930 Andromeda Lane Weston FL 33327 Technical Production 100001 4 0 0 0 0 0 7336405 0 7336405 0 0 0 0 0 169603 0 0 169603 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 17287170 0 17287170 0 0 0 0 0 0 0 0 0 7506008 0 0 169603 4300000 4300000 0 0 489980 489980 109867 0 96000 13867 34660 0 34660 0 17654 17654 117886 6353 1166 110367 65553 264 29587 35702 453524 334394 12407 106723 12623 12623 359116 352354 6762 0 27590 25349 2241 PRODUCTION EXPENSES 3879920 1414933 117924 2347063 SERVICE AND CHARGES 116376 350 9136 106890 BUILDING MAINTENANCE 24107 24107 0 0 OTHER EXPENSES 13305 1272 1675 10358 10022161 6949356 329212 2743593 2627597 2631485 72000 5994 135721 15017932 1907874 13469174 13110058 4820180 3736567 20922945 19685831 141409 749712 0 200000 10000 72063 187470 213472 1147182 X 20709473 18538649 0 0 20709473 18538649 20922945 19685831 -2516153 345329 0 0 0 0 X X 0 1 X 0 0 X 14013512 13001727 2174179 6544311 7336405 43070134 14013512 13001727 2174179 6544311 7336405 43070134 43070134 124908 267086 232650 127773 169603 922020 43992154 0.97904 0.98123 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 829186 829186 0 14094172 1820580 12273592 0 0 0 0 0 94574 87294 7280 0 0 0 0 13110058 Due to related parties 187470 187470 X 8731081 345329 897398 0 -17654 1225073 7506008 0 0 0 7506008 10901905 897398 0 0 0 897398 10004507 17654 0 17654 10022161 Schedule D, Part X, Line 2 Schedule D, Part X, Line 2 - THE ORGANIZATION IS A NONPROFIT ORGANIZATION, QUALIFYING UNDER SECTION 501(C)(3) OF THE IRC AND CORRESPONDING TEXAS PROVISIONS, EXCEPT TO THE EXTENT IT HAS UNRELATED BUSINESS ACTIVITIES. AS SUCH, NO PROVISION FOR FEDERAL INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. UNCERTAIN TAX PROVISIONS, IF ANY, ARE RECORDED IN ACCORDANCE WITH ACCOUNTING GUIDANCE FOR INCOME TAXES, WHICH REQUIRES THE RECOGNITION OF A LIABILITY FOR TAX PROVISIONS TAKEN THAT DO NOT MEET THE MORE-LIKELY-THAN-NOT STANDARD THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES. THERE IS NO LIABILITY FOR UNCERTAIN TAX POSITIONS RECORDED AT DECEMBER 31, 2019 AND 2018. THE ORGANIZATION'S POLICY IS TO RECORD INTEREST AND PENALTY EXPENSE RELATED TO INCOME TAXES AS INTEREST AND OTHER EXPENSE, RESPECTIVELY. AT DECEMBER 31, 2019 AND 2018, NO INTEREST OR PENALTIES HAVE BEEN OR ARE REQUIRED TO BE ACCRUED. THE ORGANIZATION, GENERALLY, IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY FEDERAL AUTHORITIES FOR YEARS PRIOR TO DECEMBER 31, 2013. Schedule D, Part XI, Line 2d Schedule D, Part XI, Line 2d - IN-KIND RENTAL INCOME - $897,398 INVESTMENT EXPENSE NOT INCLUDED IN AUDITED FINANCIAL STATEMENT REVENUE, BUT NOT IN FORM 990, PART VIII, LINE 12 - $17,654 Schedule D, Part XII, Line 2d Schedule D, Part XII, Line 2d - IN-KIND GRANT EXPENSE - $897,398 North America (including Canada and Mexico, but not the United States) TO SUPPORT AND ASSIST OUTPATIENT REHABILITATION AND COUNSELING SERVICES TO CHILDREN WITH PHYSICAL DISABILITIES IN MEXICO 32480 Wire Transfer 0 North America (including Canada and Mexico, but not the United States) TO SUPPORT STUDENTS TEACHERS AND PARENTS IN MEXICO 12500 Wire Transfer 0 2 0 0 0 0 0 0 0 Schedule F, Part II, Line 1 Schedule F, Part V, COLUMN (D): PURPOSE OF GRANT: TO SUPPORT STUDENTS TEACHERS AND PARENTS IN MEXICO 1 SISTEMA INFANTIL TELETON USA 10839 QUARRY PARK SAN ANTONIO TX 78233 464845389 501 (c)(3) 4300000 0 Support of Operations 1 0 Schedule I, Part I, Line 1 Schedule I, Part II, Line 1 - SUPPORT OF OPERATIONS Schedule I, Part I, Line 2 Schedule I, Part I, Line 2 - ORGANIZATIONS SEEKING FINANCIAL SUPPORT IN THE FORM OF A GRANT, MUST SIGN A CONTRACT WHICH RESTRICTS THE USE OF THE GRANT PROCEEDS FOR SECTION 501(C)(3)PURPOSES. AS PART OF THIS GRANT CONTRACT, THE GRANTEE MUST AGREE TO ASSESSMENT AND MONITORING VISITS FOR THE PURPOSE OF PROJECT ASSESSMENT AND/ OR TO VERIFY THAT THE INSTITUTION HAS PROPERLY USED THE RESOURCES PER THE TERMS OF THE GRANT AGREEMENT. IF THE GRANT IS RESTRICTED FOR THE PURCHASE OF EQUIPMENT, THE GRANTEE MUST OBTAIN AND SUBMIT THREE COST ESTIMATES. ADDITIONALLY, THE GRANTEE MUST PERIODICALLY SUBMIT FINANCIAL RECORDS, INCLUDING INVOICES, TO SUPPORT THAT THE GRANT FUNDS WERE APPROPRIATELY EXPENDED. UPON MONITORING THE FUNDS, SHOULD FUNDACION TELETON USA DETERMINE THAT ANY GRANT FUNDS WERE NOT PROPERLY SPENT FOR SECTION 501(C)(3) PURPOSES, PURSUANT TO THE TERMS OF THE GRANT CONTRACT, THE DONEE MUST RETURN THE FUNDS. X 1 1 0 0 0 0 0 0 0 0 0 Federica Soriano PROGRAM DEVELOPMENT OFFICER 0 176504 0 0 0 25371 0 0 0 0 0 201875 0 0 Schedule J, Part I, Line 1a COMPANY ISSUED CREDIT CARD Form 990, Part III Form 990, Part III - RAISING CRITICAL FUNDS AND AWARENESS TO INSPIRE A MORE INCLUSIVE ACCEPTING WORLD FOR CHILDREN WITH DISABILITIES AND THEIR FAMILIES WHILE EMPOWERING THEM TO LIVE THEIR LIVES TO THE FULLEST POTENTIAL. Form 990, Part VI, Section B, Line 11b THE BOARD OF TRUSTEES HAS DELEGATED THE PREPARATION OF THE FORM 990 TO THE TREASURER. THE ORGANIZATION'S TREASURER WORKS CLOSELY WITH THE ACCOUNTING DEPT WHO IS DIRECTLY RESPONSIBLE FOR THE PREPARATION OF THE FORM, ONCE COMPLETED, THE OUTSIDE ACCOUNTING FIRM REVIEWS IT.FOLLOWING THE TREASURER'S DISCUSSION WITH THE ACCOUNTING FIRM, THE TREASURER REPORTS BACK TO THE BOARD REGARDING THE OVERSIGHT OF THE FORM 990 AND THE FINAL DRAFT IS PROVIDED TO THE ENTIRE VOTING BOARD BEFORE THE RETURN IS FILED. Form 990, Part VI, Section B, Line 12c Form 990, Part VI, Section B, Line 12c - THE COMPLIANCE COMMITTEE OF THE BOARD IS CHARGED WITH MONITORING PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICTS OF INTEREST AND ADDRESSING ANY POTENTIAL OR ACTUAL CONFLICTS OF INTEREST AND ADDRESSING ANY POTENTIAL OR ACTUAL CONFLICTS PURSUANT TO THE CONFLICTS OF INTEREST POLICY, AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE AIMED AT DETERMINING ANY FAMILY AND BUSINESS RELATIONSHIPS AND TRANSACTIONS OR OTHER TRANSACTIONS THAT MAY POSE A POTENTIAL CONFLICT IS DISTRIBUTED TO ALL COVERED PERSONS (I.E. BOARD MEMBERS, OFFICERS AND EXECUTIVE LEADERSHIP OR KEY EMPLOYEES, IF ANY). COVERED PERSONS ARE REQUIRED TO DISCLOSE REAL OR POTENTIAL CONFLICTS AT THE TIME WHEN SUCH CONFLICTS ARISE. WHEN SOMEONE BECOMES A COVERED PERSON AND ANNUALLY THEREAFTER, EACH COVERED PERSON IS REQUIRED TO SIGN A STATEMENT AFFIRMING THAT HE/SHE: 1). HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, 2). HAS READ THE POLICY AND UNDERSTANDS SAID POLICY, AND 3). AGREES TO COMPLY WITH ALL THE REQUIREMENTS OF THE POLICY, INCLUDING COMPLETING THE CONFLICTS OF INTEREST QUESTIONNAIRE. THE COMPLETED QUESTIONNAIRES ARE REVIEWED BY THE COMPLIANCE COMMITTEE AND ANY PERSONS WITH ACTUAL OR POTENTIAL CONFLICTS ARE INFORMED VIA WRITTEN COMMUNICATION. THE PROCEDURES FOR ADDRESSING ANY CONFLICTS OF INTEREST WHICH INCLUDES BUT IS NOT LIMITED TO: (1) THE CONFLICTING INTEREST IS FULLY DISCLOSED TO THE BOARD; (2) THE INTERESTED PERSON RESPONDS TO FACTUAL QUESTIONS RELATED TO THE SUBSTANCE OF THE TRANSACTION OR ARRANGEMENT BEING CONSIDERED, AFTER WHICH HE/SHE SHALL LEAVE THE MEETING; (3) THE PERSON WITH THE CONFLICT OF INTEREST IS EXCLUDED FROM THE DISCUSSION AND APPROVAL OF SUCH TRANSACTION; (4) ALTERNATIVES TO THE PROPOSED TRANSACTION ARE INVESTIGATED, COMPETITIVE BIDS OR COMPARABLE VALUATIONS ARE OBTAINED, (5) ANY CONFLICTING ISSUES DURING THE COURSE OF A BOARD MEETING WHICH CANNOT BE RESOLVED ARE REFERRED TO THE GOVERNANCE COMMITTEE, AND (6) THE TRANSACTION OR ACTION MUST BE APPROVED BY A MAJORITY OF DISINTERESTED PERSONS. Form 990, Part VI, Section C, Line 19 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 TO THE PUBLIC FOR INSPECTION, THE ORGANIZATION MAKES THEM AVAILABLE UPON REQUEST. THE FORMS 990 FILED IN THE LAST FOUR YEARS AS WELL AS THE AUDITED FINANCIAL STATEMENTS OF THOSE YEARS ARE ALSO AVAILABLE ON THE ORGANIZATION'S WEBSITE: HTTP//WWW.TELETONUSA.ORG. Form 990, Part XII, Line 2c Form 990, Part XII, Line 2c - THE ORGANIZATION'S OVERSIGHT AND SELECTION PROCESS FOR THE AUDIT OF THE FINANCIAL STATEMENTS HAS NOT CHANGED. FUNDACION TELETON MEXICO AC AV GUSTAVO BAZ 219 SAN PEDRO BARRIENTOS CUIDAD DE MEXICO MEXICO MX 54010 OPERATION OF CARE AND REHAB CENTERS MX N/A 0 SISTEMA INFANTIL TELETON USA 10839 QUARRY PARK SAN ANTONIO TX 78233 464845389 OPERATION OF CARE AND REHAB CENTER TX 501(C)(3) LINE 7 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 FUNDACION TELETON MEXICO AC p 672033 FMV SISTEMA INFANTIL TELETON USA b 4300000 FMV EXTENSION GRANTED TO 11/15/2020