2012-09-20T00:55:21-05:00 2012-06-30 260793942 MARTIN SMITH & COMPANY CPAS PA 1212 HAYWOOD ROAD BLDG 100 GREENVILLE SC 296152200 990 2011-07-01 570425826 MIRACLE HILL MINISTRIES INC MIRA 8642684357 PO BOX 2546 GREENVILLE SC 29602 WAYNE COPELAND 8642684357 2012-09-20 1 DAVID A SMITH P00045703 8642321040 2011 2016-02-24 21:20:13Z WAYNE COPELAND PO BOX 2546 GREENVILLE SC 29602 17156123 0 X WWW.MIRACLEHILL.ORG X 1955 SC MIRACLE HILL EXISTS THAT PERSONS MOST IN NEED RECEIVE FOOD, SHELTER, AND COMPASSION, WHILE HEARING THE GOSPEL OF JESUS CHRIST AND BECOMING PRODUCTIVE MEMBERS OF SOCIETY. 11 11 287 7174 0 0 6815625 7455548 222149 230076 541459 375051 3426611 4405914 11005844 12466589 272316 412218 0 0 5910241 6487860 294092 140870 964210 3573833 4208027 10050482 11248975 955362 1217614 21046016 21123552 3110633 2455415 17935383 18668137 X TO PROVIDE SHELTER, FOOD, SPIRITUAL COUNSELING AND HOPE TO HOMELESS INDIVIDUALS AND FAMILIES IN THE UPSTATE OF SC VICTIMIZED BY POVERTY, ADDICTION, BROKEN HOMES OR OTHER PROBLEMS. 0 0 3559860 4759914 MIRACLE HILL THRIFT OPERATIONS PROVIDES SHELTERED EMPLOYMENT TO TRAIN AND EQUIP MISSION CLIENTS TO RETURN TO THE JOB MARKET. MISSION CLIENTS HELP WITH THE THRIFT STORE OPERATIONS. 1266459 1964892 MIRACLE HILL'S CHILDREN'S HOME AND LICENSED FOSTER HOMES PROVIDE A SAFE ENVIRONMENT TO CARE FOR CHILDREN OF DYSFUNCTIONAL HOMES WHILE SEEKING TO REUNITE THESE FAMILES. 83 CHILDREN WERE ADMITTED THIS YEAR AND 25 WERE REUNITED WITH THEIR FAMILES. THESE HOMES PROVIDED CARE TO AN AVERAGE OF 38 CHILDREN EACH MONTH. 772197 233839 THE OVERCOMERS PROGRAM PROVIDES A SEVEN-MONTH RESIDENTIAL PROGRAM FOR MEN IN NEED OF A MORE STRUCTURED, LONGER-TERM APPROACH TO DEALING WITH LIFE-DOMINATING ADDICTIONS. 306 MEN WERE SERVED BY THIS PROGRAM AND 68 MEN GRADUATED. 449814 261694 SHEPHERD'S GATE IS A PROGRAM FOR HOMELESS WOMEN AND FAMILIES WHICH PROVIDES EMERGENCY HOUSING, MEALS AND CLOTHING, PERSONAL COUNSELING, ADDICTION TREATMENT, GED TRAINING, AND GOSPEL SERVICES. ALSO PROVIDES A 6 MONTH PROGRAM FOR WOMEN IN NEED OF A MORE STRUCTURED, LONGER-TERM APPROACH TO DEALING WITH LIFE-DOMINATING PROBLEMS. 179968 13085 MIRACLE HILL EMERGENCY RELIEF - A PROGRAM WHICH DISTRIBUTES FOOD AND THE GOSPEL TO GREENVILLE'S HUNGRY. 752407 639312 YOUNG MEN'S MINISTRIES - A PROGRAM WHICH PROVIDES EMERGENCY SHELTER FOR YOUNG MEN, AGES 11-18, WHO HAVE BEEN REMOVED FROM THEIR HOMES BECAUSE OF ABUSE, NEGLECT OR ABANDONMENT. 316364 238498 RESCUE MISSION (CHEROKEE COUNTY) - A PROGRAM FOR HOMELESS MEN, WOMEN, AND FAMILIES IN CHEROKEE COUNTY WHICH PROVIDES EMERGENCY HOUSING, MEALS AND CLOTHING, PERSONAL COUNSELING, GOSPEL SERVICES AND GED TRAINING. 591256 432622 RESCUE MISSION (SPARTANBURG) - A PROGRAM FOR HOMELESS MEN, WOMEN AND FAMILIES IN SPARTANBURG COUNTY WHICH PROVIDES EMERGENCY HOUSING, MEALS AND CLOTHING, PERSONAL COUNSELING, GOSPEL SERVICES AND GED TRAINING. 415893 70530 RENEWAL - A 6 MONTH PROGRAM FOR WOMEN IN NEED OF A STRUCTURED, LONG-TERM APPROACH TO DEALING WITH ADDICTION AND OTHER LIFE-DOMINATING PROBLEMS. 196955 52500 1444 FOSTER CARE: A PROGRAM FOR RECRUITING, TRAINING AND SUPPORTING FOSTER PARENTS IN THE UPSTATE REGION OF SC. 633219 191217 THE GREENVILLE RESCUE MISSION PROVIDES EMERGENCY HOUSING, MEALS, CLOTHING, ADDICTION TREATMENT, GOSPEL SERVICES, PERSONAL COUNSELING, AND GED TRAINING TO HOMELESS MEN. DURING THE CURRENT YEAR THE RESCUE MISSION SERVED 382 CLIENTS. 3535876 52500 1848402 9134392 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 187 0 287 1 0 0 0 0 0 0 0 0 0 1 0 X 11 11 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 SC GA NC X X X MARILYN FOLIO 8642684357 2419B WADE HAMPTON BLVD GREENVILLE SC 296151145 AL HARRIS 0.50 X 0 0 0 TIM BLACKWELL 0.50 X 0 0 0 CORIE CULP 0.50 X 0 0 0 DAVID DORMAN 0.50 X 0 0 0 LINDA GARNER 0.50 X 0 0 0 BRUCE GRAY 0.50 X 0 0 0 MARCIA HAWKINS 0.50 X 0 0 0 TOMMY HOLT 0.50 X 0 0 0 CHARLIE RUNION 0.50 X 0 0 0 JIM SANDERS 0.50 X 0 0 0 CHARYL SCHROEDER 0.50 X 0 0 0 REID LEHMAN 40.00 X 83233 0 15122 LARRY BATEMAN 40.00 X 84294 0 13586 WAYNE COPELAND 40.00 X 66989 0 14478 KEN KELLY 40.00 X 77956 0 4674 FRANKIE POWELL 40.00 X 61463 0 10853 SHELDON MITCHELL 40.00 X 21495 0 4039 CLIFFORD ANDERSEN 40.00 X 48836 0 9989 ANNETTE LEHMAN 40.00 X 32473 0 8380 476739 0 81121 0 0 0 0 CUNNINGHAM-WATERS CONSTRUCTION PO BOX 447 GREER SC 29652 CONSTRUCTION 792279 DOUGLAS SHAW & ASSOCIATES 1717 PARK STREET SUITE 300 NALERVILLE IL 60563 PROF FUNDRAISING 140870 SOURCELINK PO BOX 3628 GREENVILLE SC 29608 MAILINGS 134654 FOX CREEK PRINTING 435 WADE HAMPTON BLVD GREENVILLE SC 29605 PRINTING 110719 4 446977 1533073 5475498 220447 7455548 ROOM AND BOARD FEES 721310 220811 220811 MISCELLANEOUS RECEIPTS 900099 5860 5860 3405 3405 230076 127515 127515 7523 0 7523 7523 7523 4449153 90957 4155221 137353 293932 -46396 247536 247536 0 446977 138344 -138344 -138344 4795338 258616 4536722 4536722 DISCOUNTS EARNED 900099 13 13 13 12466589 5014347 0 -3306 412218 412218 476739 177381 169627 129731 4855916 4288832 307881 259203 102807 46537 51048 5222 665489 551536 84359 29594 386909 313318 44775 28816 12000 12000 140870 140870 45937 45937 229960 175026 54934 143859 25905 12733 105221 528595 366317 47690 114588 203213 114561 64803 23849 1320089 1260332 57819 1938 341353 289205 35848 16300 92869 44518 48351 989320 934179 54506 635 81790 74983 2547 4260 OTHER FUNDRAISING EXPEN 97446 99 547 96800 OTHER EXPENDITURES 55910 27242 28577 91 TRAINING 48677 26997 16033 5647 DUES AND SUBSCRIPTIONS 17009 5206 10358 1445 11248975 9134392 1150373 964210 161828 708975 551324 229069 152610 22105758 8922032 13735443 13183726 5686392 5431333 681960 1646908 21046016 21123552 358294 335995 2065369 1646622 686970 472798 3110633 2455415 X 12849730 13394491 1131921 1094187 3953732 4179459 17935383 18668137 21046016 21123552 X 1217614 -484860 X X 0 1 1 X 0 X 7889235 6725174 6809413 6815625 7455548 35694995 7889235 6725174 6809413 6815625 7455548 35694995 35694995 201045 153360 46806 151978 135038 688227 4995 732 666 3 5873 12269 36395491 17304563 0.98080 0.97950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5866261 20496 325455 5561302 4878790 542180 1006721 561430 5866261 4373104 422514 385218 302046 4878790 5552102 143875 -1193383 129490 4373104 0.19010 0.07710 0.73280 0 0 1666918 1666918 16876110 6510484 10365626 294598 36908 257690 3268132 2374640 893492 13183726 EQUITIES 3549954 F MUTUAL FUNDS 646410 F BONDS 1234969 F 5431333 PROPERTY HELD FOR SALE 286800 CONSTRUCTION IN PROGRESS 1324900 PREPAID EXPENSES 35208 1646908 ANNUITY LIABILITY 472798 472798 12466589 11248975 1217614 -405013 -79847 -484860 732754 12320751 -405013 317113 -87900 12408651 57938 57938 12466589 11587998 396960 396960 11191038 57937 57937 11248975 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: DONOR-RESTRICTED AMOUNTS ARE DESIGNATED FOR ENDOWMENT, ANNUITIES, AND CAPITAL PROJECTS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: MIRACLE HILL MINISTRIES IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE MINISTRIES HAS ADOPTED THE PROVISIONS OF THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES TOPIC OF FASB ASC. THIS GUIDANCE ADDRESSES THE ACCOUNTING UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS AND PRESCRIBES A THRESHOLD OF MORE-LIKELY-THAN-NOT FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IT ALSO PROVIDES RELATED GUIDANCE ON MEASUREMENT CLASSIFICATION, INTEREST AND PENALTIES, AND DISCLOSURE. AS A RESULT OF THE IMPLEMENTATION OF THIS GUIDANCE, THE MINISTRIES HAS DETERMINED THAT IT HAS NO UNCERTAIN TAX POSITIONS REQUIRING ACCRUAL AND DISCLOSURE. PART XI, LINE 8 - OTHER ADJUSTMENTS: ROUNDING CHANGE IN VALUE OF ANNUITIES -79,847. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD INCLUDED IN EXPENSES FOR AUDITED FINANCIAL STATEMENTS 258,616. COST OF FUNDRAISING EVENTS 138,344. CHANGE IN VALUE OF ANNUITIES -79,847. PART XII, LINE 4B - OTHER ADJUSTMENTS: ROUNDING 1. INVESTMENT EXPENSE NETTED AGAINST UNREALIZED LOSS ON FINANCIAL STATEMENTS 57,937. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD INCLUDED IN EXPENSES FOR AUDITED FINANCIAL STATEMENTS 258,616. COST OF FUNDRAISING EVENTS 138,344. PART XIII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES INCLUDED IN UNREALIZED LOSS ON FINANCIAL STATEMT AMOUNTS ON LINES 2D ABOVE IN PART XII ARE THE COST OF GOODS SOLD THAT ARE INCLUDED IN EXPENSES IN THE AUDITED FINANCIAL STATEMENTS. X 0 DOUGLAS SHAW & ASSOCIATES 1717 PARK STREET SUITE 300 NAPERVILLE IL 60563 DIRECT MAIL 0 407982 140870 267113 407982 140870 267113 GA SC NC BANQUETS 309921 309921 101561 CYCLING CHALLENGE 137056 137056 36783 446977 446977 138344 138344 -138344 1 SCHOLARSHIP 6 6850 TRANSPORATION, CLIENT CARE/REHABILITATION, MEDICAL COSTS 5243 266854 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: A SCHOLARSHIP COMMITTEE MEETS TWICE YEARLY TO EVALUATE NEEDS, ELIGIBILITY AND FUNDS AVAILABLE. SCHOLARSHIP FUNDS ARE SENT DIRECTLY TO THE COLLEGE OR UNIVERSITY. RECORDS ARE REVIEWED REGULARLY BY THE CONTROLLER. X 1 100447 EST FAIR MARKET VALUE X 1 120000 EST FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 REID LEHMAN AND ANNETTE LEHMAN ARE COUSINS FORM 990, PART VI, SECTION B, LINE 11 THE CONTROLLER AND THE CFO REVIEW THE 990. THE CEO, COO AND MEMBERS OF THE FINANCE COMMITTEE OF THE BOARD HAVE AN OPPORTUNITY TO REVIEW THE 990 AND MAKE COMMENTS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD MEMBERS, EXECUTIVE STAFF AND DEPARTMENT HEADS FILL OUT A QUESTIONNAIRE EACH YEAR THAT ASKS A SERIES OF QUESTIONS ABOUT POTENTIAL CONFLICTS OF INTEREST WITH REGARD TO THEMSELVES OR ANY OTHER BOARD MEMBER OF STAFF MEMBER. THE EXECUTIVE AND DEPARTMENT HEAD QUESTIONNAIRES ARE REVIEWED BY THE CFO AND THEN SENT TO THE CHAIRMAN OF THE BOARD. THE CHAIRMAN REVIEWS ALL QUESTIONNAIRES FROM BOTH STAFF AND BOARD MEMBERS AND REPORTS TO THE FULL BOARD WHETHER ANY QUESTIONNAIRES REFLECT AN EVENT THAT DOES NOT CONFORM TO BOARD POLICY FOR CONFLICT OF INTEREST (BOARD POLICY 4.6.2). THE CFO REVIEWS THE QUESTIONNAIRES TO DETERMINE IF THERE ARE ANY SITUATIONS THAT SHOULD BE DISCLOSED IN THE FOOTNOTES OF THE FINANCIAL STATEMENTS. IN ADDITION, THE ANNUAL REVIEW AND FIELD AUDITS OF THE ECFA (EVANGELICAL COUNCIL FOR FINANCIAL ACCOUNTABILITY) REVIEWS ANY INSTANCES OF POSSIBLE CONFICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE ENTIRE BOARD, CONSISTING ENTIRELY OF INDEPENDENT DIRECTORS, REVIEWS THE PERFORMANCE OF THE CEO AGAINST SPECIFIC STANDARDS AT EACH OF THE SIX BOARD MEETINGS EACH YEAR. THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE SALARY AND PERFORMANCE OF THE CEO EACH YEAR USING THE SIX PERFORMANCE REVIEWS OF THE BOARD AND INDUSTRY SALARY DATA THAT INCLUDES, BUT IS NOT LIMITED TO: A.) SALARIES OF OTHER CEOS IN SIMILAR ORGANIZATIONS BASED ON DATA FROM THE ECFA (EVANGELICAL COUNCIL FOR FINANCIAL ACCOUNTABILITY) WHICH USUALLY HAS 80-100 COMPARABLE DATA POINTS, B.) SALARIES OF SIMILAR NON-PROFIT CEOS FROM THE LOCAL AREA BASED ON IRS FORM 990 DATA, AND C.) SALARY DATA FROM THE ANNUAL SALARY SURVEY (APPROXIMATELY 150 CHRISTIAN FAITH-BASED ORGANIZATIONS) OF THE CHRISTIAN LEADERSHIP ALLIANCE. THE COMMITTEE REVIEWS ITS PROCESS WITH AND RECOMMENDS TO THE ENTIRE BOARD, WHO THEN DISCUSSES AND DETERMINES A SALARY FOR THE CEO FOR THE NEXT FISCAL YEAR. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE FOR INSPECTION AT ITS CORPORATE OFFICES. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -405,013. ROUNDING CHANGE IN VALUE OF ANNUITIES -79,847. TOTAL TO FORM 990, PART XI, LINE 5: -484,860. AUDIT COMMITTEE OVERSIGHT FORM 990, PART XI, LINE 2C THE AUDIT COMMITTEE REVIEWS AUDIT PROPOSALS AND THEN RECOMMENDS AN AUDIT FIRM SELECTION TO THE BOARD OF DIRECTORS FOR THEIR SELECTION. THE AUDIT COMMITTEE TAKES RESPONSIBILITY FOR THE GENERAL OVERSIGHT OF THE AUDIT, AND THE AUDIT FIRM PRESENTS THE RESULTS OF THE AUDIT TO THE AUDIT COMMITTEE AND THEN THE ENTIRE BOARD OF DIRECTORS.