2014-11-17T12:24:02-06:00 2014-06-30 561031342 WILLIAMS OVERMAN PIERCE LLP 2501 ATRIUM DR SUITE 500 RALEIGH NC 27607 990 2013-07-01 562259577 METHODIST HOME FOR CHILDREN FOUNDATION METH 9198332834 1041 WASHINGTON STREET RALEIGH NC 27605 JAMES T WILLIFORD CFO 9198332834 2014-11-19 1 GWEN L VASS CPA P00297447 9197823444 2014-11-17 X 2013 2015-11-30 17:44:51Z JAMES T WILLIFORD 1041 WASHINGTON STREET RALEIGH NC 27605 1306628 0 X WWW.MHFC.ORG X 2001 NC TO SERVE EXCLUSIVELY AS A SUPPORTING ORGANIZATION FOR THE BENEFIT OF THE METHODIST HOME FOR CHILDREN, INC. BY CARRYING OUT CHARITABLE AND EDUCATIONAL PURPOSES THAT ARE CONSISTENT WITH AND THAT SUPPORT THE PURPOSES OF THE METHODIST HOME FOR CHILDREN, INC. 7 6 0 0 0 0 39430 43627 0 0 1065274 792990 0 0 1104704 836617 0 0 0 0 0 0 0 0 0 1268381 1040648 1268381 1040648 -163677 -204031 19831726 22240706 13561 20422 19818165 22220284 TO SERVE EXCLUSIVELY AS A SUPPORTING ORGANIZATION FOR THE BENEFIT OF THE METHODIST HOME FOR CHILDREN, INC. BY CARRYING OUT CHARITABLE AND EDUCATIONAL PURPOSES THAT ARE CONSISTENT WITH AND THAT SUPPORT THE PURPOSES OF THE METHODIST HOME FOR CHILDREN, INC. 0 0 946852 SUPPORT OF METHODIST HOME OPERATIONS 946852 1 1 0 0 0 0 0 0 0 1 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JAMES T WILLIFORD 9198332834 1041 WASHINGTON STREET RALEIGH NC 27605 ERIK ROSS CHAIRMAN 1.00 X X 0 0 0 KIMREY RHINEHARDT MEMBER 1.00 X 0 0 0 MARTHA WALSTON MEMBER 1.00 X 0 0 0 BRIEN WHITE MEMBER 1.00 X 0 0 0 NELLE SCHANTZ MEMBER 1.00 X 0 0 0 JOE MANN MEMBER 1.00 X 0 0 0 BRUCE STANLEY CEO 1.00 50.00 X 0 149560 26029 JAMES WILLIFORD CFO 1.00 50.00 X 0 105329 29422 0 254889 55451 0 0 1 0 0 43627 43627 311385 311385 951616 470011 481605 481605 481605 836617 0 0 792990 93796 93796 TRANSFERS TO METHODIST 946852 946852 1040648 946852 93796 0 7941 10156 19823785 21340622 0 889928 19831726 22240706 13561 20422 13561 20422 X 17450553 18758552 1819233 2103518 548379 1358214 19818165 22220284 19831726 22240706 X -204031 1785050 821100 X 0 1 X 1 0 X X X 0 0 0 METHODIST HOME FOR CHILDREN INC 560547482 7 1 1 1 946852 1 946852 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19368152 62846 3286385 961648 21755735 18933451 39430 2042123 1646852 19368152 20403313 591883 -1030841 1030904 18933451 17320004 950054 3223761 1090506 20403313 15576639 201331 1937111 395077 17320004 0.84000 0.06000 0.10000 0 0 0 INVESTMENTS 21340622 F 21340622 DUE TO METHODIST HOME 20422 20422 X 14762406 1785050 12234535 14019585 742821 93796 93796 836617 12747524 12747524 12747524 0 93796 946852 1040648 1040648 PART V, LINE 4: ENDOWMENT FUNDS ARE USED FOR SCHOLARSHIPS, CHILDREN'S LITERATURE, BUILDINGS AND GROUNDS MAINTENANCE AS WELL AS FOR GENERAL OPERATIONS. PART X, LINE 2: MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE HOME, AND HAS CONCLUDED THAT AS OF JUNE 30, 2014, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR AN ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE HOME IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2010. PART XI, LINE 2D - OTHER ADJUSTMENTS: INCOME REPORTED ON METHODIST HOME FOR CHILDREN 990 12,234,535. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES REPORTED ON METHODIST HOME FOR CHILDREN 990 12,747,524. PART XII, LINE 4B - OTHER ADJUSTMENTS: TRANSFERS TO METHODIST HOME FOR CHILDREN 946,852. 0 0 0 0 0 0 0 0 0 BRUCE STANLEY CEO 0 134560 0 0 0 15000 0 18036 0 7993 0 175589 0 0 FORM 990, PART VI, SECTION B, LINE 11 BOTH THE CFO AND THE CONTROLLER INDIVIDUALLY REVIEW EACH PAGE OF THE 990 FOR ACCURACY AND MAKE NOTES FOR ANY ITEMS IN QUESTION. THE CFO AND CONTROLLER THEN MEET TOGETHER TO REVIEW THESE NOTES AND MAKE ANY NECESSARY CHANGES BEFORE THE 990 IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION TRAINS BOARD MEMBERS REGARDING THIS POLICY DURING ANNUAL BOARD ORIENTATIONS, AND TRAINS ALL NEW SUPERVISORS ON THE CONFLICT OF INTEREST POLICY DURING SUPERVISION AND MANAGEMENT WORKSHOPS. ADDITIONALLY, EACH YEAR, THE AGENCY SIGNS A CONFLICT OF INTEREST POLICY WITH THE STATE OF NORTH CAROLINA. MANAGEMENT REVIEWS CONTRACTS FOR CONFLICTS OF INTEREST AS CONTRACTS ARE NEGOTIATED AND SIGNED. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS PAID THROUGH METHODIST HOME FOR CHILDREN, INC. WHICH IS A RELATED ORGANIZATION. THE EXECUTIVE COMMITTEE OF METHODIST HOME FOR CHILDREN, INC. MEETS WITH THE BOARD PRESIDENT TO REVIEW HIS SALARY USING A BENCHMARKS SALARY SURVEY TO DETERMINE THE APPROPRIATENESS OF HIS SALARY. THE BOARD PRESIDENT OF METHODIST HOME FOR CHILDREN, INC. REVIEWS THE SALARIES OF THOSE WHO REPORT TO HIM AND USES THE SAME SURVEY TO DETERMINE THE APPROPRIATENESS OF THOSE SALARIES. 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 TO THE ORGANIZATION. FORM 990, PART XI, LINE 9: RESTATEMENT OF PRIOR YEAR TO REFLECT BENEFICIAL INTERESTS IN TRUSTS 821,100. METHODIST HOME FOR CHILDREN INC 1041 WASHINGTON STREET RALEIGH NC 27605 560547482 CHILDREN AND FAMILY SERVICES NC 501(C)(3) 170(B)(1)(A)(VI) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0