2019-05-14T12:11:13-05:00 2018-08-31 450250958 EIDE BAILLY LLP 400 PINE ST STE 600 ABILENE TX 796015190 990 2017-09-01 751377874 SHERWOOD AND MYRTIE FOSTER'S HOME FOR CHILDREN INC SHER 2549682143 PO BOX 978 STEPHENVILLE TX 76401 GLENN NEWBERRY PRESIDENT & CEO 2549682143 2019-05-03 1 DONNA SCIFRES-SOLOMON CPA P01056185 3256724000 2019-05-01 76.235.81.209 2019-05-03 14:33:25 CD P 4B7FEDDDB59CEC5B972D12EC8AB2EFC11308F9F0 4B7FEDDDB59CEC5B972D12EC8AB2EFC11308F9F0 2017 2019-02-21 02:37:17Z GLENN NEWBERRY PO BOX 978 STEPHENVILLE TX 76401 6214465 0 X WWW.FOSTERSHOME.ORG X 1972 TX TO PROVIDE CHILD CARE AND FOSTER CARE CHILD PLACEMENT 14 14 59 85 0 0 4551160 3401295 737971 941610 -130816 56393 94042 84912 5252357 4484210 316092 789246 0 0 1852346 1823548 0 0 304238 1271574 1431169 3440012 4043963 1812345 440247 9886416 10330601 96936 101981 9789480 10228620 TO PROVIDE CHILD CARE AND FOSTER CARE CHILD PLACEMENT 0 0 3488989 789246 954861 CHILD CARE AND FOSTER CARE CHILD PLACEMENT 3488989 1 1 0 0 0 0 0 0 0 0 1 0 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 14 0 1 59 1 0 0 0 0 0 0 0 0 0 1 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X STEPHANIE SIMON 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 DIRECTOR 1.00 X 0 0 0 JEFF JEFFRIES DIRECTOR 1.00 X 0 0 0 DARLA DOTY CHAIRPERSON 1.00 1.00 X X 0 0 0 MIKE BLEVINS DIRECTOR 1.00 1.00 X 0 0 0 EARL KRIEG JR VICE CHAIR 1.00 X X 0 0 0 CLINTON NIX DIRECTOR 1.00 1.00 X 0 0 0 JAMES BO COX SECRETARY 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 GLENN NEWBERRY PRESIDENT & CEO 10.00 40.00 X 27600 104400 21880 27600 104400 21880 0 0 1 0 0 239229 528000 2634066 62433 3401295 CHILD CARE PROGRAM 624410 941610 941610 941610 21640 21640 1650344 104497 1650344 69744 0 34753 34753 34753 81828 239229 10167 71661 71661 OTHER INCOME 900099 13251 13251 13251 4484210 954861 0 128054 789246 789246 1439333 1110003 153230 176100 113793 87500 12659 13634 160458 120249 19846 20363 109964 84821 11723 13420 5851 5851 20644 20644 2720 2720 199352 197038 884 1430 52268 37159 5249 9860 336549 336549 126063 122820 3243 FOOD CLOTHING & MEDICAL 135532 135532 SUPPLIES 129950 112798 2222 14930 SERVICES & PROFESSIONAL 88215 88215 REPAIRS & MAINTENANCE 87058 87058 246967 180001 15185 51781 4043963 3488989 250736 304238 3697601 2703775 69585 40787 60289 31445 19946 10783860 3278196 6058995 7505664 13234 35696 -20000 0 9886416 10330601 62171 68035 34765 33946 96936 101981 X 6600688 8607997 3188792 1620623 9789480 10228620 9886416 10330601 440247 -1107 0 X 0 1 X 1 0 X 2326007 2561784 4973421 4551160 3401295 17813667 2326007 2561784 4973421 4551160 3401295 17813667 17813667 37317 19038 12302 11295 21640 101592 22004 475721 233936 7403 13251 752315 18667574 3309195 0.95430 0.95420 X 784857 784857 7781279 2297803 5483476 752763 236049 516714 430938 174762 256176 1034023 569582 464441 7505664 PENSION CONTRIBUTION PAYABLE 17528 FUNDS HELD FOR THE BENEFIT OF CHILDREN 5496 BENEFITS PAYABLE 10922 33946 3525306 -1107 10167 9060 3516246 967964 967964 4484210 3264884 10167 10167 3254717 789246 789246 4043963 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 10,167. PART XI, LINE 4B - OTHER ADJUSTMENTS: TRANSFERS IN FROM FOUNDATION 528,000. TEMPORARILY RESTRICTED REVENUES 439,964. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 10,167. PART XII, LINE 4B - OTHER ADJUSTMENTS: TRANSFERS OUT TO FOUNDATION 789,246. AUCTION PROCEEDS 73058 73058 4363 YEAR END APPEAL 73410 73410 8 174589 165819 8770 5804 321057 239229 81828 10167 10167 71661 1 FOSTER'S HOME FOUNDATION PO BOX 978 STEPHENVILLE TX 76401 752446210 501(C)3 789246 TO INVEST FOR FUTURE FOSTER CARE X 0 0 0 0 0 0 0 0 0 GLENN NEWBERRY PRESIDENT & CEO 27600 104400 0 0 0 0 2188 8332 2404 8956 32192 121688 0 0 X 19 44790 SALES PRICE AT AUCTION X 1 10106 VALUE ON DATE REC'D X TRACTOR 1 7000 SALES PRICE X GIFT CERTIFICATES AND CARDS 5 519 CERTIFICATE/CARD VAL X MISCELLANEOUS MERCHANDISE 1 18 VALUE OF ITEMS REC'D 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