2023-11-14T03:22:50-00:00 2022-12-31 135565207 KPMG LLP 1212 No 96 Street Ste 300 Omaha NE 68114 990 2022-01-01 363680258 Father Flanagan's Fund For Needy Children FATH 5313553131 14100 Crawford Street - Mod 2 Boys Town NE 68010 Judy F Rasmussen Chief Financial Officer 5313553131 2023-11-14 true Judy Rasmussen XXX-XX-XXXX Holly Moen P01800653 6123055608 2023-11-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Judy F Rasmussen 14100 Crawford Street Boys Town NE 68010 1430891159 false X X 1990 NE Father Flanagans Fund For Needy Children has the power to receive, hold and invest property of any nature for the exclusive benefit of Father Flanagans Boys Home Boys Town, an exempt 501c3 organization. 6 5 0 -453924 500 0 0 60664683 74124333 140935 0 60806118 74124333 46305681 48931000 0 876317 0 0 0 749180 1898533 47931178 50829533 12874940 23294800 1113854804 985185488 641871 1057790 1113212933 984127698 Father Flanagans Fund For Needy Children has the power to receive, hold and invest property for the exclusive benefit of Father Flanagans Boys Home Boys Town, an exempt 501c3 organization. It may carry out this purpose by distributing assets directly to Boys Town or by applying its assets directly to the purposes of Boys Town. false false 48931000 48931000 Distributed funds to Father Flanagans Boys Home Boys Town, an affiliated 501c3 organization to support its exempt purposes. Father Flanagans Fund For Needy Children manages and invests the long term investments for Boys Town. 48931000 true false false false false false false false false false false true false false true true false true false false true false false false false false false true false true false false false false false false false false false false false false false true false false false true 0 0 false 0 true true true EI false false false false false false false false false false X 6 5 false false false false true true true true true false false true true true true true true true true false X Judy F Rasmussen 5313553131 14100 Crawford Street Boys Town NE 68010 Rodney J Kempkes CEO 005.00 035.00 X X 0 547522 42188 Judy F Rasmussen CPA Chief Financial Officer, Treasurer 005.00 035.00 X 0 405795 25397 Dana E Washington General Counsel 005.00 035.00 X 0 371504 24824 Monty J Horine Corporate Secretary 005.00 035.00 X 0 265456 18502 Randall A Ptacek Director Treasury Operations 005.00 035.00 X 0 171978 42138 James Beckmann Assistant Corporate Secretary 005.00 035.00 X 0 174612 30412 Father Steven E Boes President 005.00 035.00 X 0 134708 69120 Rebecca E Duseau Director 001.00 X 0 0 0 Michael P Sullivan Director 001.00 X 0 0 0 Helen Fox-O'Brien Chairman 001.00 X 0 0 0 Dorr Begnal Director 001.00 X 0 0 0 Erik Lundberg Director 001.00 X 0 0 0 Robert R Matejek end December 1 202 Director 001.00 X 0 0 0 2071575 252581 false true false Prodigy Asset Management LLC 13710 FNB Pkwy Ste 205 Omaha NE 68154 Investment Manager 1436708 Edgewood Management LLC 535 Madison Avenue 15th Fl New York NY 10022 Investment Manager 337046 Silchester 780 Third Ave 42nd Floor New York NY 10017 Investment Manager 332471 Eagle Capital Management LLC 499 Park Avenue 17th Floor New York NY 10022 Investment Manager 302276 BNYM Bank 135 Santilli Highway Everett MA 021490313 Trustee 202646 7 3627035 -453924 4080959 1427264124 1356766826 70497298 70497298 70497298 74124333 -453924 74578257 48931000 48931000 0 0 0 0 0 0 0 0 0 0 0 0 0 1398533 1398533 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal income tax 500000 500000 0 50829533 48931000 1898533 0 258653719 214040587 854970326 770784537 230759 360364 1113854804 985185488 641871 1057790 641871 1057790 X 1113212933 984127698 1113212933 984127698 1113854804 985185488 23294800 -152380035 X false true X true false X X 1 Father Flanagan's Boys' Home 470376606 2 true 48931000 0 1 48931000 0 true false false false false false false false false false false false false false false false false true false false Financial derivatives and other financial products Closely-held equity interests Limited partnerships/joint ventures 770784537 F 770784537 Federal income taxes X X 1 Boys Town and its affiliates have been recognized as a tax-exempt organization by the Internal Revenue Service IRS as described in Section 501c3 of the Code and, therefore, is exempt from income taxes on related income under Section 501a of the Code. Boys Town accounts for uncertainties in accounting for income tax assets and liabilities by recognizing the effect of income tax positions only if those positions are more likely than not of being sustained. At December 31, 2022, Boys Town had no uncertain tax positions accrued. Central America and the Caribbean Investments 150327579 East Asia and the Pacific Investments 6755986 Europe Including Iceland and Greenland Investments 63021039 Middle East and North Africa Investments 803834 North America Investments 17157215 South America Investments 1890523 South Asia Investments 866218 Sub-Saharan Africa Investments 1249040 242071434 242071434 true false true true true false true Father Flanagan's Boys' Home 14100 Crawford Street Boys Town NE 68010 470376606 501c3 48931000 Program Support 1 Part I Line 2 Organization exists for the sole support of its only member, Father Flanagans Boys Home, a 501c3 tax exempt organization. false false false false false false false false false Father Steven E Boes President 130119 4589 60635 8485 203828 Judy F Rasmussen CPA Chief Financial Officer, Treasurer 401162 4633 18300 7097 431192 Dana E Washington General Counsel 369125 2379 18300 6524 396328 Rodney J Kempkes CEO 544026 3495 18300 23888 589709 Monty J Horine Corporate Secretary 262021 3435 15763 2739 283958 James Beckmann Assistant Corporate Secretary 173857 755 10688 19724 205024 Randall A Ptacek Director Treasury Operations 170719 1259 10740 31398 214116 Part I Line 3 Father Flanagans Fund for Needy Children relied on its parent organization, Father Flanagans Boys Home Boys Town, to establish the compensation of its top management official. The Boys Town Board of Trustees Compensation Committee determined the compensation using data from a study of similarly qualified persons in functionally comparable positions at similarly situated organizations. Docmentation of the decisions made regarding the compensation have been maintained with the determination incorporated in an employment contract with the executive director. The CEO does not have a contract. Form 990, Part VI, Section A, Line 6 Father Flanagans Boys Home Boys Town is the sole member. Form 990, Part VI, Section A, Line 7a The Board of Directors is appointed by the sole member, Boys Town. Form 990, Part VI, Section A, Line 7b The Articles of Incorporation may be amended by the sole member or a majority vote of current directors with the approval of the sole member. Form 990, Part VI, Section B, Line 11b The Treasurer reviewed the completed Form 990 and provided an electronic copy to the Finance and Audit Committee of the Board of Trustees of Boys Town for their review. The members of the Finance and Audit Committee were requested to submit their comments and questions. Upon satisfactory resolution of questions, an electronic copy of the final Form 990 was provided to all trustees before it was filed. Form 990, Part VI, Section B, Line 12c Father Flanagans Fund for Needy Children FFFNC regularly and consistently monitors and enforces its conflict of interest policy through official annual affirmations, self reporting and observation. FFFNC has separate conflict of interest policies for directors and employees. Directors must complete a conflict of interest disclosure form and report any perceived or actual conflict. Any perceived or actual conflict of interest is reviewed by the compliance department, with the assistance of general counsel. If a conflict does exist, the Executive Committee, with the assistance of general counsel, shall determine an appropriate remedy which may include, without limitation, the director to recuse him/herself from participating in certain deliberations and votes, removing the director from a committee or board. Officers and employees of Boys Town complete a Conflict of Interest Disclosure annually, identifying all actual, apparent and potential Conflicts of Interest. Staff are also required to report any situation involving a conflict of interest that may arise during the year to their supervisor and submitting a Conflict of Interest Disclosure for review by the compliance department. If a conflict of interest does exist, the compliance department would work with the employee and supervisor to remedy the conflict of interest. Any perceived conflict of interest can also be reported for review through a confidential organizational ethics line at https//secure.ethicspoint.com/domain/media/en/gui/18137/index.html. Form 990, Part VI, Section B, Line 15b The compensation of the Executive Director of Boys Town is determined by the parent company Father Flanagans Boys Home Board of Trustees Compensation Committee using comparable data for similarly qualified persons in functionally comparable positions at similarly situated organizations. Documentation of the decisions made regarding the compensation have been maintained with the determination incorporated in an employment contract. The compensation of all other officers are also determined as described above, however, officers do not have employment contracts. Form 990, Part VI, Section C, Line 19 FFFNC makes its governing documents and conflict of interest policy available to the public upon request. Articles of Incorporation and Bylaws can also be obtained by the public through the Nebraska Secretary of State office. Financial Statements are available to the public upon request and on its website at www.boystown.org. Father Flanagan's Boys' Home 14100 Crawford Street Boys Town NE 68010 470376606 Child education NE 501c3 2 Not applicable false Boys Town California Inc 14100 Crawford Street Boys Town NE 68010 760720675 Youth Assistance CA 501c3 7 Father Flanagan's Boys' Home false Boys Town Central Florida Inc 975 Oklahoma Street Oviedo FL 32765 200654235 Youth Assistance FL 501c3 7 Father Flanagan's Boys' Home false Boys Town Louisiana Inc 300 North Broad Street Ste 106 New Orleans LA 70119 412220807 Youth Assistance LA 501c3 7 Father Flanagan's Boys' Home false Boys Town Nevada Inc 821 N Mojave Road Las Vegas NV 89101 200654472 Youth Assistance NV 501c3 7 Father Flanagan's Boys' Home false Boys Town New England Inc Bazarsky Campus 58 Flanagan Rd Portsmouth RI 02871 200655240 Youth Assistance RI 501c3 7 Father Flanagan's Boys' Home false Boys Town New York Inc 14100 Crawford Street Boys Town NE 68010 205960877 Youth Assistance NY 501c3 7 Father Flanagan's Boys' Home false Boys Town North Florida Inc 3555 Commonwealth Blvd Tallahassee FL 32303 200655144 Youth Assistance FL 501c3 7 Father Flanagan's Boys' Home false Boys Town Washington DC Inc 4801 Sargent Rd NE Washington DC 20017 412220810 Youth Assistance DC 501c3 7 Father Flanagan's Boys' Home false Boys Town South Florida Inc 1655 Palm Beach Lakes Blvd West Palm Beach FL 33401 263965524 Youth Assistance FL 501c3 7 Father Flanagan's Boys' Home false Lied Learning and Technology Center For Childhood Deafness 14100 Crawford Street Boys Town NE 68010 470841263 Support of FFBH NE 501c3 12 Type I Father Flanagan's Boys' Home false Natalie and George Pace Scholarship Fund 14100 Crawford Street Boys Town NE 68010 366833904 Education Scholarships IL 501c3 12 Type I Father Flanagan's Boys' Home false false true false false false false false false false false false false false true true true false false false