2019-02-18T13:23:32-06:00 2018-06-30 453936274 BETH MOORE & ASSOCIATES CPAS PO BOX 120547 NEWPORT NEWS VA 23612 990 2017-07-01 540971072 SARAH BONWELL HUDGINS FOUNDATION INC SARA 7578278757 1 SINGLETON DRIVE HAMPTON VA 23666 JENNIFER REGISTER PRESIDENT 7578278757 2019-02-04 1 BETH W MOORE CPA P00086366 7572241174 184.183.132.240 2019-02-04 16:07:44 ES P AB8BD5A88D4BA927D2DA994192B6818756100B67 9EA1C8426C558CF80333E5767BC60C3FBAC1E655 2017 2019-02-21 02:37:17Z JENNIFER REGISTER 1 SINGLETON DRIVE HAMPTON VA 23666 661138 0 X WWW.SARAHBONWELLHUDGINS.ORG X 1966 VA TO ENHANCE THE LIVES OF PEOPLE WITH MENTAL AND PHYSICAL DISABILITIES THROUGH DEVELOPMENT AND MAINTENANCE OF A CENTRALIZED 40 ACRE CAMPUS OF BUILDINGS LEASED TO APPROPRIATE SERVICE PROVIDERS. 17 17 5 16 0 0 9719 19743 303531 322401 110113 75388 -7888 26561 415475 444093 27904 27296 0 0 104104 134978 0 0 0 474823 490581 606831 652855 -191356 -208762 7309116 7373279 282491 395721 7026625 6977558 TO ENHANCE THE LIVES OF PEOPLE WITH MENTAL AND PHYSICAL DISABILITIES THROUGH DEVELOPMENT AND MAINTENANCE OF A CENTRALIZED 40 ACRE CAMPUS OF BUILDINGS LEASED TO APPROPRIATE SERVICE PROVIDERS. 0 0 544560 27296 322401 DEPRECIATION AND MAINTENANCE ON FACILITIES USED AS A TRAINING AND REHABILITATION CENTER FOR MENTALLY DISABLED PERSONS. 544560 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 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 0 0 0 1 7 5 1 5 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 1 1 0 VA X EXECUTIVE DIRECTOR 7578278757 1 SINGLETON DRIVE HAMPTON VA 23666 JENNIFER REGISTER PRESIDENT 1.00 X X 0 0 0 RICHARD BAGLEY JR SECOND VICE PRESIDENT 1.00 X X 0 0 0 SARAH PUCKETT TRUSTEE 1.00 X 0 0 0 CHARLES ELINSKY TRUSTEE 1.00 X 0 0 0 EDITH WHITE TRUSTEE 1.00 X 0 0 0 PAUL BABCOCK TRUSTEE 1.00 X 0 0 0 TOM HARTMAN TRUSTEE 1.00 X 0 0 0 BENJAMIN A HUGGIN TRUSTEE 1.00 X 0 0 0 CATHIE HARNEY TRUSTEE 1.00 X 0 0 0 GEORGE LEAGUE TRUSTEE 1.00 X 0 0 0 DON SWAIN TRUSTEE 1.00 X 0 0 0 KIRK WALL TRUSTEE 1.00 X 0 0 0 DEL DAVID E YANCEY TRUSTEE 1.00 X 0 0 0 HERBERT GREEN SECRETARY 1.00 X X 0 0 0 WILLIAM STINEBAUGH TREASURER 1.00 X X 0 0 0 SOUTH PATTERSON TRUSTEE 1.00 X 0 0 0 LORRI POWERS EXECUTIVE DIRECTOR 40.00 X X 80654 0 0 SARAH MESSERSMITH TRUSTEE 1.00 X 0 0 0 80654 0 0 0 0 0 0 0 19743 19743 COMPLEX RENTAL 532000 322401 322401 322401 145733 145733 146700 126803 90242 19897 -90242 -70345 -70345 INSURANCE PROCEEDS 900099 26561 26561 26561 444093 348962 0 75388 27296 27296 80654 48392 32262 45396 27237 18159 8928 5786 3142 815 734 81 20739 18665 2074 5725 5725 6500 5850 650 692 175 517 21570 21443 127 221985 206558 15427 23779 17265 6514 REPAIRS AND MAINTENANCE 118479 106631 11848 UTILITIES 36145 32531 3614 CAMPERSHIPS AND RECREAT 12879 12879 REAL ESTATE TAXES 8905 8015 890 12368 5103 7265 652855 544560 108295 0 201780 323791 14687 26146 12455 12348 8911761 5004354 4042379 3907407 3027307 3099780 10508 3807 7309116 7373279 959 8348 274532 380373 7000 7000 282491 395721 X 7026625 6977558 7026625 6977558 7309116 7373279 X -208762 85692 74003 X X 0 1 X 1 0 X 34936 25011 38242 9719 19743 127651 34936 25011 38242 9719 19743 127651 127651 69241 136096 85869 68643 145733 505582 84 180 264 633497 1919042 0.20150 0.24330 X THE FOUNDATION MEETS THE FACTS AND CIRCUMSTANCES TEST AS FOLLOWS:-DURING THE FISCAL YEAR THE ORGANIZATION RECEIVED GENERAL PUBLIC SUPPORT IN EXCESS OF 10% AND THE 5 YEAR AVERAGE WAS IN EXCESS OF 10%.- THE FOUNDATION HAS A BONA FIDE PROGRAM FOR SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC. THE NEW EXECUTIVE DIRECTOR IS TASKED WITH INCREASING THE PUBLIC SUPPORT IN THE UPCOMING YEAR.- THE CURRENT YEAR SUPPORT CAME FROM VARIOUS INDIVIDUAL MEMBERS AND BUSINESSES IN THE LOCAL COMMUNITY.- THE BOARD OF DIRECTORS REPRESENT A BROAD RANGE OF INDIVIDUAL FROM THE LOCAL COMMUNITY AND PUBLIC OFFICIALS- THE FOUNDATION PROVIDES HOUSING AND WORK/ACTIVITIES FOR INDIVIDUALS WITH MENTAL AND/PHYSICAL DISABILITIES. THIS IS DONE BY MAINTAINING GROUP HOUSING FOR INDIVIDUALS AND RENTAL OF FACILITIES AT BELOW MARKET RATES TO ORGANIZATIONS THAT SUPPORT THIS MISSION. 122322 122322 8177033 4483342 3693691 612406 521012 91394 3907407 SECURITY DEPOSIT 7000 7000 X 936878 85692 412818 498510 438368 5725 5725 444093 1059948 412818 412818 647130 5725 5725 652855 PART X, LINE 2: THE FOUNDATION HAS DETERMINE THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF JUNE 30, 2018. FISCAL YEARS ENDING ON OR AFTER JUNE 30, 2015 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAX AUTHORITIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES 5,725. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES 5,725. 1 FORM 990, PART XI, LINE 9 THE OTHER CHANGES IN NET ASSETS OF $74,003 WAS FROM BOY SCOUTS EXPLORER POST 140. DURING THE CURRENT YEAR THE BOY SCOUNT GROUP CONTRIBUTED THEIR NET ASSETS TO SARAH BONWELL HUDGINS FOUNDATION, INC. THE BOY SCOUT POST CONTINUES TO OPERATE UNDER SARAH BONWELL HUDGINS FOUNDATION, INC. FORM 990, PART VI, SECTION B, LINE 11B THE TAX RETURN IS INITIALLY REVIEWED BY MANAGEMENT WITH QUESTIONS DIRECTED TO THE CPA. THE TREASURER OF THE BOARD THEN REVIEWS THE RETURN WITH MANAGEMENT PRIOR TO THE SIGNING AND FILING OF THE TAX RETURN. FORM 990, PART VI, SECTION B, LINE 15 TRUSTEE STAFF SUPPORT COMMITTEE AND BUDGET AND FINANCE COMMITTEE PROPOSE A COST OF LIVING INCREASE BASED ON INFLATION AND THE ENTIRE BOARD APPROVES THE INCREASE AS PART OF THE ANNUAL BUDGET. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MAINTAINED BY THE EXCUTIVE DIRECTOR AND ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: RECEIPT FROM BOY SCOUTS EXPLORER POST 140 74,003. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR