2020-07-15T10:14:53-05:00 2019-08-31 450250958 EIDE BAILLY LLP 400 PINE ST STE 600 ABILENE TX 796015190 990 2018-09-01 751377874 SHERWOOD AND MYRTIE FOSTER'S HOME FOR CHILDREN INC SHER 2549682143 PO BOX 978 STEPHENVILLE TX 76401 GLENN NEWBERRY PRESIDENT & CEO 2549682143 2020-06-30 1 DONNA SCIFRES-SOLOMON CPA P01056185 3256724000 2020-06-30 216.147.181.48 2020-06-30 10:13:13 CD P 5C0FCA70D77A2D26B9E3EDB4BC3E01A28F5BD84B CB2D3D56F18621F6D63A678C86093728159AB625 2018 2021-01-29 14:40:06Z GLENN NEWBERRY PO BOX 978 STEPHENVILLE TX 76401 6462023 0 X WWW.FOSTERSHOME.ORG X 1972 TX TO PROVIDE CHILD CARE AND FOSTER CARE CHILD PLACEMENT 15 15 64 120 0 0 3401295 3965448 941610 1100048 56393 28230 84912 105995 4484210 5199721 789246 1268326 0 0 1823548 1879200 0 0 291778 1431169 1589391 4043963 4736917 440247 462804 10330601 10799368 101981 102322 10228620 10697046 TO PROVIDE CHILD CARE AND FOSTER CARE CHILD PLACEMENT 0 0 4154374 1268326 1104537 CHILD CARE AND FOSTER CARE CHILD PLACEMENT 4154374 1 1 0 0 0 0 0 0 0 0 1 1 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 15 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 DURWIN 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 GLENN NEWBERRY PRESIDENT & CEO 10.00 40.00 X 34062 110400 21920 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 DEVELOPMENT OFFICER 1.00 40.00 X 0 0 0 34062 110400 21920 0 0 1 0 0 216425 518001 3231022 168481 3965448 CHILD CARE PROGRAM 624410 1100048 1100048 1100048 22243 22243 6600 0 6600 6600 6600 1239895 20750 1239895 14763 0 5987 5987 5987 102550 216425 7644 94906 94906 OTHER INCOME 900099 4489 4489 4489 5199721 1104537 0 129736 1268326 1268326 1497314 1147855 173873 175586 119781 91951 14429 13401 146937 105545 20662 20730 115168 88292 13254 13622 223 223 22254 22254 1768 1768 199862 197199 920 1743 48076 27094 8748 12234 391514 391514 145013 140433 4580 SUPPLIES 164938 139405 3893 21640 FOOD CLOTHING & MEDICAL 153773 153773 FOSTER CARE 123228 123228 SERVICES & PROFESSIONAL 98865 98865 239877 180894 27929 31054 4736917 4154374 290765 291778 2703775 1086945 40787 78949 31445 14515 0 7374 12635851 3621783 7505664 9014068 13234 18141 35696 579376 10330601 10799368 68035 66712 33946 35610 101981 102322 X 8607997 9145364 1620623 1551682 10228620 10697046 10330601 10799368 462804 5622 0 X 0 1 X 1 0 X 2561784 4973421 4551160 3401295 3965448 19453108 2561784 4973421 4551160 3401295 3965448 19453108 19453108 19038 12302 11295 21640 22243 86518 475721 233936 7403 13251 4489 734800 20274426 3886252 0.95950 0.95430 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 784857 784857 9425625 2492578 6933047 752763 256294 496469 470054 199397 270657 1202552 673514 529038 9014068 LORD ABBETT ULTRA ST 431648 F BLACKROCK CORP HIGH YIELD 893 F BOND FUND OF AMERICA 4690 F CAPITAL INCOME BUILDER 8817 F INCOME FUND OF AMERICA 8321 F INVESCO HIGH YIELD 2457 F LORD ABBETT ULTRA ST 111463 F NUVEEN LARGE CAP VALUE 1652 F PUTNAM MASTER 4658 F PUTNAM PREMIER 4777 F 579376 PENSION CONTRIBUTION PAYABLE 17553 FUNDS HELD FOR THE BENEFIT OF CHILDREN 10257 BENEFITS PAYABLE 7800 35610 4506118 5622 7644 13266 4492852 706869 706869 5199721 3476235 7644 7644 3468591 1268326 1268326 4736917 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 7,644. PART XI, LINE 4B - OTHER ADJUSTMENTS: TRANSFERS IN FROM FOUNDATION 518,001. TEMPORARILY RESTRICTED REVENUES 188,868. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 7,644. PART XII, LINE 4B - OTHER ADJUSTMENTS: TRANSFERS OUT TO FOUNDATION 1,268,326. AUCTION PROCEEDS 96640 96640 3482 YEAR END APPEAL 84281 84281 8 138054 132144 5910 4162 318975 216425 102550 7644 7644 94906 1 FOSTER'S HOME FOUNDATION PO BOX 978 STEPHENVILLE TX 76401 752446210 501(C)3 1268326 TO INVEST FOR FUTURE FOSTER CARE X 0 0 0 0 0 0 0 0 0 GLENN NEWBERRY PRESIDENT & CEO 34062 110400 0 0 0 0 2112 8448 2404 8956 38578 127804 0 0 X 5 10000 SALES PRICE AT AUCTION X 1 93421 VALUE ON DATE REC'D X 2018 XLR CT 64645 RV 1 65000 VALUE ON DATE REC'D X GIFT CERTIFICATES AND CARDS 1 60 CERTIFICATE/CARD VAL 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 1268326 FOSTER'S HOME FOUNDATION C 518001