2025-04-10T09:48:53-05:00 2024-06-30 341874260 CBIZ ADVISORS LLC 700 WEST 47TH STREET SUITE 1100 KANSAS CITY MO 64112 990 2023-07-01 200038024 THE CHILDREN'S HOME FOUNDATION INC CHIL 8138554435 10909 MEMORIAL HIGHWAY TAMPA FL 336152511 TAMRA GRONSETH CFO 8138554435 2025-04-08 1 1 LISA BURKE P00220718 8169455500 2023 2025-03-06 01:10:19Z IRENE RICKUS 10909 MEMORIAL HIGHWAY TAMPA FL 336152511 6946277 0 X WWW.CHILDRENSHOMENETWORK.ORG X 2004 FL OWN, MANAGE, MAINTAIN & CONTROL ENDOWMENTS FOR CHILDREN'S HOME INC D/B/A CHILDREN'S HOME NETWORK 7 7 0 7 0 0 841141 256521 0 0 1307582 871283 0 0 2148723 1127804 0 30133 0 0 0 0 0 0 0 66115 69611 66115 99744 2082608 1028060 24928655 28144754 0 0 24928655 28144754 X TO OWN, MANAGE, MAINTAIN AND CONTROL THE ENDOWMENT TRANSFERRED TO THE ORGANIZATION BY THE CHILDREN'S HOME, INC. D/B/A CHILDREN'S HOME NETWORK ("CHN"). (CONTINUED ON SCHEDULE O)INCOME GENERATED FROM THE FINANCIAL ASSETS ARE USED TO DELIVER PROGRAMS FOR ABUSED AND NEGLECTED CHILDREN, INCLUDING RESIDENTIAL TREATMENT, THERAPY AND COUNSELING, AND FOSTER CARE FOR ABUSED AND NEGLECTED CHILDREN. 0 0 30133 30133 THE CHILDREN'S HOME FOUNDATION, INC. ("CHF") WAS FORMED TO OWN, MANAGE, MAINTAIN AND CONTROL THE ENDOWMENT TRANSFERRED TO CHF BY THE CHILDREN'S HOME, INC. D/B/A CHILDREN'S HOME NETWORK ("CHN"). CHF MANAGES SUCH FUNDS IN LINE WITH PROGRAMS AND POLICIES (CURRENT AND FUTURE) AUTHORIZED AND DIRECTED BY CHF'S BOARD OF DIRECTORS.CHF IS A "SUPPORTING ORGANIZATION" UNDER SECTION 509(A)(3) THAT PROVIDES AND/OR CONTRACTS FOR INVESTMENT MANAGEMENT SERVICES FOR CHN AND FOR THE MEMBERS OF THE CHILDREN'S HOME COMMUNITY, INC. GROUP. IN ADDITION TO CHF AND CHN, THIS GROUP INCLUDES THE CHILDREN'S HOME COMMUNITY BASED CARE, INC. AND THE CHILDREN'S HOME PROPERTIES, INC. 30133 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 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 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 0 0 0 0 FL X TAMRA GRONSETH CFO 8138641510 10909 MEMORIAL HWY TAMPA FL 33615 KARL SCHMITZ CHAIR 2.00 3.00 X X 0 0 0 DAVID KENNEDY TREASURER 2.00 3.00 X X 0 0 0 CHERYL ADAMS SECRETARY 2.00 3.00 X X 0 0 0 SHARON DOCHERTY DANCO MEMBER 2.00 3.00 X 0 0 0 DAVID EISCHEID MEMBER 2.00 3.00 X 0 0 0 JOSH KOLLMAN MEMBER 2.00 0.00 X 0 0 0 RICHARD STOHLER MEMBER 2.00 0.00 X 0 0 0 IRENE RICKUS PRESIDENT & CEO 3.00 48.00 X 0 197840 34580 TAMRA GRONSETH CFO 3.00 48.00 X 0 150799 34689 0 348639 69269 0 0 1 0 0 256521 256521 873164 873164 5816592 5818473 -1881 -1881 -1881 1127804 0 0 871283 30133 30133 1791 1791 67216 67216 15 15 589 589 99744 30133 69611 0 519401 78973 0 1144676 23092839 24625827 1316415 2295278 24928655 28144754 0 0 X 19887705 22452067 5040950 5692687 24928655 28144754 24928655 28144754 X 1028060 2115877 72162 X X 0 1 X 1 0 X X 1 THE CHILDREN'S HOME INC 590696284 7 1 99744 0 1 99744 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART IV, SECTION C, LINE 1 - TYPE II SUPPORTING ORGANIZATIONS: THE CHF BOARD IS SELECTED BY ITS SOLE MEMBER, THE CHILDREN'S HOME COMMUNITY, INC. (CHC) WHICH HAS THE SAME BOARD AS THE SUPPORTED ORGANIZATION. ALL THREE ORGANIZATIONS HAVE COMMON SUPERVISION AS THEY SHARE THE SAME CEO AND CFO. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 23127795 127842 2813739 1390220 24679156 20707950 1171820 1901286 653261 23127795 23444834 339066 -2495414 580536 20707950 19344649 134334 4708120 742269 23444834 19210738 389717 462213 718019 19344649 0.82240 0.16666 0.01093 1 0 0 ACCRUED INTEREST RECEIVABLE 53228 ASSETS HELD BY OTHERS 74027 BENEFICIAL INTEREST IN PERPETUAL TRUST 1199066 CASH SURRENDER VALUE OF LIFE INSURANCE 93050 DUE FROM AFFILIATE 875907 2295278 X PART V, LINE 4: THE CHILDREN'S HOME FOUNDATION, INC. (FOUNDATION) WAS FORMED TO OWN, MANAGE, MAINTAIN AND CONTROL THE ENDOWMENT TRANSFERRED TO THE FOUNDATION BY THE CHILDREN'S HOME, INC. D/B/A CHILDREN'S HOME NETWORK. THE FOUNDATION IS A "SUPPORTING ORGANIZATION" UNDER SECTION 509(A)(3) THAT PROVIDES AND/OR CONTRACTS FOR INVESTMENT MANAGEMENT SERVICES FOR THE CHILDREN'S HOME NETWORK. THE FOUNDATION MANAGES SUCH FUNDS IN LINE WITH PROGRAMS AND POLICIES (CURRENT AND FUTURE) AUTHORIZED AND DIRECTED BY THE FOUNDATION'S BOARD OF DIRECTORS. THE FOUNDATION'S INTERNALLY CONTROLLED ENDOWMENT NET ASSETS ARE COMPRISED OF INVESTMENTS HELD IN VARIOUS DONOR ENDOWMENTS AND FUNDS DESIGNATED BY THE BOARD OF DIRECTORS. THE FOUNDATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES, APPROVED BY THE BOARDS OF DIRECTORS, FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT FUNDS WHILE ALSO MAINTAINING THE PURCHASING POWER OF THOSE ENDOWMENT ASSETS OVER THE LONG-TERM. PERMANENTLY RESTRICTED NET ASSETS RELATE TO ASSETS CONTRIBUTED BY DONORS AS ENDOWMENTS TO BE HELD IN PERPETUITY. INCOME GENERATED FROM THE FOUNDATION'S ENDOWMENT FUNDS ARE USED TO DELIVER PROGRAMS FOR ABUSED AND NEGLECTED CHILDREN. PART X, LINE 2: EACH OF THE ENTITIES INCLUDED IN THE COMBINED FINANCIAL STATEMENTS HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A TAX-EXEMPT ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986. INCOME EARNED IN FURTHERANCE OF THE ORGANIZATION'S TAX-EXEMPT PURPOSE IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. THE ORGANIZATION IS TREATED AS A PUBLICLY SUPPORTED ORGANIZATION, AND NOT AS A PRIVATE FOUNDATION. THE ORGANIZATION HAS ADOPTED THE PROVISIONS OF ASC TOPIC 740, INCOME TAXES, AND DOES NOT BELIEVE IT HAS ANY MATERIAL INCOME TAX EXPOSURE RELATING TO UNCERTAIN TAX POSITIONS. THE ORGANIZATION'S INCOME TAX FILINGS FOR PERIODS AFTER THE FISCAL YEAR ENDED JUNE 30, 2020 REMAIN SUBJECT TO EXAMINATION. 1 THE CHILDREN'S HOME INC 10909 MEMORIAL HIGHWAY TAMPA FL 33615 590696284 501(C)(3) 30133 0 N/A N/A TO DELIVER PROGRAMS FOR ABUSED AND NEGLECTED CHILDREN 1 0 PART I, LINE 2: THE CHILDREN'S HOME, INC. (CHI) IS A RELATED 501(C)(3) ORGANIZATION. VARIOUS MEMBERS OF THE FOUNDATION'S BOARD ALSO SERVE AS BOARD MEMBERS OF CHI. IN THAT CAPACITY, THE FOUNDATION MONITORS THE USE OF GRANT FUNDS. 0 0 0 0 0 0 0 0 0 IRENE RICKUS PRESIDENT & CEO 0 192144 0 1500 0 4196 0 6487 0 28093 0 232420 0 0 TAMRA GRONSETH CFO 0 149086 0 1500 0 213 0 4732 0 29957 0 185488 0 0 PART I, LINE 3 THE CEO'S COMPENSATION IS PAID BY THE CHILDREN'S HOME, INC. ('CHN'), A RELATED TAX-EXEMPT ORGANIZATION (SEE SCHEDULE R). CHN'S BOARD OF DIRECTORS REVIEWS AND APPROVES CEO COMPENSATION. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE CHILDREN'S HOME FOUNDATION IS THE CHILDREN'S HOME COMMUNITY, INC., A FLORIDA NOT-FOR-PROFIT CORPORATION (SEE SCHEDULE R). FORM 990, PART VI, SECTION A, LINE 7A THE CHAIR OF THE CHILDREN'S HOME FOUNDATION BOARD SHALL ALWAYS ALSO BE A DIRECTOR OF THE SOLE MEMBER. FORM 990, PART VI, SECTION A, LINE 7B THE ADVANCED APPROVAL OF THE SOLE MEMBER SHALL BE REQUIRED FOR EACH OF THE FOLLOWING ACTIONS BY THE ORGANIZATION: A. AMENDMENT OF THE CORPORATION'S ARTICLES OF INCORPORATION AND BYLAWS; B. CHANGES TO THE MISSION STATEMENT OF THE CORPORATION; C. CHANGES TO THE FISCAL YEAR OF THE CORPORATION; D. THE CORPORATION'S ANNUAL CAPITAL AND OPERATING BUDGETS; E. THE STRATEGIC PLAN AND FUND RAISING CAMPAIGNS OF THE CORPORATION; F. THE MERGER, CONSOLIDATION, DISSOLUTION OR JOINT VENTURE OF THE CORPORATION; G. THE SALE OR OTHER TRANSFER OF SUBSTANTIALLY ALL OF THE ASSETS OF THE CORPORATION OR ANY OTHER CHANGE CAUSING A FUNDAMENTAL REORGANIZATION OF THE CORPORATION; H. THE PURCHASE OF AN ASSET WITH A PRICE OF MORE THAN FIFTY THOUSAND DOLLARS ($50,000) IF SUCH PURCHASE IS NOT INCLUDED IN THE ANNUAL CAPITAL OR OPERATING BUDGET (EXCLUDING PUBLICLY TRADED SECURITIES PURCHASED FOR THE CORPORATION'S PORTFOLIO); I. THE SALE OR DISPOSITION OF ANY ASSET WITH A VALUE OF MORE THAN FIFTY THOUSAND DOLLARS ($50,000) (EXCLUDING PUBLICLY TRADED SECURITIES SOLD FROM THE CORPORATION'S PORTFOLIO); J. ENTERING INTO A CONTRACT WHICH WILL REQUIRE THE EXPENDITURE BY THE CORPORATION OF MORE THAN FIFTY THOUSAND DOLLARS ($50,000) IN ANY TWELVE (12) MONTH PERIOD IF SUCH EXPENSES ARE NOT INCLUDED IN THE ANNUAL CAPITAL OR OPERATING BUDGET; K. POLICIES APPLICABLE TO ALL EMPLOYEES; L. DOCUMENTS REFLECTING THE PHILOSOPHY, PURPOSES, PROGRAMS AND SERVICES OF THE CORPORATION; M. ESTABLISHMENT OF AFFILIATES OR SUBSIDIARIES OF THE CORPORATION; AND N. INCURRENCE OF INDEBTEDNESS OF MORE THAN FIFTY THOUSAND DOLLARS ($50,000) IF SUCH DEBT IS NOT INCLUDED IN THE ANNUAL CAPITAL OR OPERATING BUDGET. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED AND APPROVED BY THE CEO AND CFO OF THE ORGANIZATION. THE FORM IS THEN PRESENTED TO THE BOARD AND A COMPLETE COPY PROVIDED TO ALL MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, OFFICER, INTERN, CONSULTANT, VOLUNTEER, EMPLOYEE, AND AGENT OF THE CHILDREN'S HOME NETWORK SHALL DISCLOSE IN WRITING ALL CONFLICTS OF INTEREST WITH THE CHILDREN'S HOME NETWORK AND ANY OF ITS AFFILIATES AND RELATED COMPANIES. WITHOUT LIMITING THE GENERALITY OF WHAT MAY BE A CONFLICT OF INTEREST, ALL TRANSACTIONS BETWEEN THE CHILDREN'S HOME NETWORK OR ANY DIRECTOR, OFFICER, INTERN, CONSULTANT, VOLUNTEER, EMPLOYEE AND AGENT OR ANY PERSON OR ENTITY IN WHICH ANY DIRECTOR, OFFICER, INTERN, CONSULTANT, VOLUNTEER, EMPLOYEE AND AGENT HAS A PERSONAL OR FINANCIAL INTEREST OR A POSSIBLE OR POTENTIAL PERSONAL OR FINANCIAL INTEREST SHALL BE CONSIDERED CONFLICTS OF INTEREST FOR PURPOSES OF THIS POLICY. ALL PERSONS HAVING CONFLICTS OF INTEREST REQUIRED TO BE DISCLOSED SHALL MAKE THE REQUIRED DISCLOSURE WHEN THE CONFLICT OF INTEREST ARISES, BEFORE THE TRANSACTION IN QUESTION IS CONSUMMATED, AND ONCE EACH CALENDAR YEAR, SO LONG AS THE CONFLICT EXISTS. ALL DISCLOSURES SHALL INCLUDE A DESCRIPTION OF THE RELATIONSHIP OR INTEREST CAUSING THE CONFLICT, THE ROLE IN THE TRANSACTION PLAYED BY THE PERSON HAVING THE CONFLICT OF INTEREST, AND THE BENEFITS AND DETRIMENTS ACCRUING TO THE ORGANIZATION AND TO THE PERSON HAVING THE CONFLICT OF INTEREST FROM THE TRANSACTION. NO PERSON WHO HAS A CONFLICT OF INTEREST ARISING OUT OF A TRANSACTION MAY PARTICIPATE IN THE AUTHORIZATION BY THE CHILDREN'S HOME NETWORK OF THE CONSUMMATION OR PERFORMANCE OF THE TRANSACTION, EXCEPT TO MAKE THE DISCLOSURES REQUIRED BY POLICY. ANY TRANSACTION INVOLVING A CONFLICT OF INTEREST THAT IS OTHERWISE REQUIRED TO BE APPROVED BY THE BOARD OF DIRECTORS SHALL BE SPECIFICALLY APPROVED AT A MEETING, BY THE AFFIRMATIVE VOTE OF A MAJORITY OF THE DISINTERESTED DIRECTORS. ANY INTERESTED DIRECTORS MAY BE COUNTED IN DETERMINING A QUORUM. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION IS MANAGED BY A BOARD OF DIRECTORS COMPRISED OF VOLUNTEERS. AS SUCH, THE COMPENSATION PROCEDURES DESCRIBED IN QUESTIONS 15A AND 15B DO NOT APPLY. COMPENSATION OF THE CEO AND CFO IS SET AND PAID BY THE CHILDREN'S HOME NETWORK, INC. (CHN), A RELATED NON-PROFIT ORGANIZATION; THEREFORE, THIS QUESTION IS ANSWERED "NO" IN ACCORDANCE WITH THE FORM INSTRUCTIONS. THE PROCESS CHN USES TO SET COMPENSATION IS DESCRIBED BELOW. THE BOARD OF DIRECTORS SETS CEO COMPENSATION. THE CEO AND SENIOR HR DIRECTOR OBTAIN MARKET DATA FOR JOBS MATCHED FROM A NUMBER OF SOURCES INCLUDING BUREAU OF LABOR STATISTICS, NON-PROFIT COMPENSATION REPORTS, INDEED.COM, SALARY.COM, ZIPRECRUITER.COM, PAYSCALE.COM, NON-PROFIT LEADERSHIP, ETC. TO EVALUATE AND RECOMMEND COMPENSATION PACKAGES FOR OTHER OFFICERS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST 81,370. CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE 3,500. CHANGE IN VALUE OF ASSETS HELD BY OTHERS -12,708. FORM 990, PART XII, LINE 2C: SELECTION OF THE INDEPENDENT CPA IS MADE BY THE AUDIT COMMITTEE IN CONSULTATION WITH THE PERFORMANCE MONITORING COMMITTEE AND APPROVED BY THE BOARD. AFTER PREPARATION, THE AUDIT REPORT IS PRESENTED TO THE AUDIT COMMITTEE BY THE INDEPENDENT CPA FIRM. THE AUDIT COMMITTEE THEN PRESENTS THE REPORT TO THE PERFORMANCE MONITORING COMMITTEE FOR REVIEW AND DISCUSSION. FINALLY, A SUMMARY PRESENTATION IS MADE TO THE FULL BOARD OF DIRECTORS BY THE INDEPENDENT CPA FIRM. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE CHILDREN'S HOME INC 10909 MEMORIAL HWY TAMPA FL 33615 590696284 CHILD AND FAMILY SERVICES FL 501(C)(3) LINE 7 CHILDREN'S HOME COMMUNITY 0 THE CHILDREN'S HOME COMMUNITY INC 10909 MEMORIAL HWY TAMPA FL 33615 200037972 HOLDING COMPANY FL 501(C)(3) LINE 12B, II 0 THE CHILDREN'S HOME COMMUNITY BASED CARE INC 10909 MEMORIAL HWY TAMPA FL 33615 200037919 INACTIVE FL 501(C)(3) LINE 12B, II CHILDREN'S HOME COMMUNITY 0 THE CHILDREN'S HOME PROPERTIES INC 10909 MEMORIAL HWY TAMPA FL 33615 200037992 MANAGES AND MAINTAINS ONE OF THE CHILDREN'S HOME'S REAL PROPERTY PARCELS FL 501(C)(3) LINE 12B, II CHILDREN'S HOME COMMUNITY 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0