Ronald Mcdonald House Charities of the Southwest Inc.

“Our auditors and staff prepare, proof and finalize our form 990 in a timely manner. We email the entire final copy of the form to all of our board members in time for them to review the form before it is filed with the internal revenue service each year. Copies are available at all times for review by the board members and general public.”

“Employees and board members are required to sign a conflict of interest document annually to ensure that the organization's policy is followed. Once a board member declares or has been found to have a conflict of interest, he or she may no longer participate in any discussion related to the conflict nor may they vote on any matter pertaining to the conflict. Form 990, part vi, line 13- whistleblower policy the organization approved a written whistleblower policy on may 19, 2009.”

“We participate in a survey collected from data provided by many non-profit organizations in our areas. These give us a very good sense of the fair compensation for non-profits in our budget range. We do this annually. The board checks other resources that they have available to them.”

“The survey mentioned above is also used to determine the salaries for other staff members. It is a good indicator for knowing the scale for compensation in our area.”

“The organization makes its governing documents, conflict of interest policy, financial statements, and 990s available to the public upon request. The organization has also begun posting its 990s to its own website. Form 990, part x, line 33- breakdown of total net assets the organization's total net assets at december 31, 2017, totaled 5,626,515 and are detailed in the following schedule: permanently restricted- rmhc operations 496,250 temporarily restricted- building replacement 55,382 temporarily restricted: operations and improvements 144,074 other donor restrictions 221,663 total temporarily restricted 421,119 unrestricted- net book value of fixed assets 1,292,921 unrestricted- undesignated 3,416,225 total unrestricted 4,709,146 total net assets 5,626,515”

“Guests must be referred by a social worker and the child must be undergoing inpatient or outpatient care. We will accept a nominal donation of 15 per night per family, which only partially defrays the cost of operating the house, and no family is ever turned away due to lack of funds. The house is also an approved lodging facility for families covered by medicaid. Over 621,395 of in-kind donations of goods and services were received in 2017 covering program expenses that the charity would otherwise have to pay. Major in- kind donations include food, furniture and household items. The house is located on land owned by texas tech university. The yearly fair market rental value of this land has been valued at 48,000. Numerous volunteers help support the staff and guests of the ronald mcdonald house by providing office assistance, meal preparation for families,housekeeping services, gardening, maintenance and special event assistance.using the per hour value of volunteer time as posted by independentsector.org, the value of volunteer services received in 2017 was 328,575. Approximately 2,500 people were served at the ronald mcdonald house in 2017. Form 990, part iii, line 4c page 2- third achievement representatives from both organizations serve on an advisory committee for the program. Rmhc also recruits volunteers to assist with non-clinical aspects of operating the program.”

“The organization supports the education of youth by providing scholarships to students based on financial need, academic performance, and school and community involvement. Our organization requires an additional criterion of a critical medical history pertaining to the scholarship recipient or one of their siblings. Many of these students or their siblings have had life-long medical problems and many of the recipients and/or their families have been guests in one of the ronald mcdonald houses during their toughest medical battles. These scholarships are determined by a ronald mcdonald house charities of the southwest scholarship committee. Ronald mcdonald house charities of the southwest provides one-half of the scholarship and ronald mcdonald house charities global matches the amount given. In 2017, rmhc awarded a total of 14,250 in scholarships to 7 students and one organization in the region who met the requirements listed above. Ronald mcdonald house charities global organization provided 7,125 of this amount as matching funds. Form 990, part iii, line 4e page 2- total program expenses expenses by major category: house operations 1,127,720 three family rooms 168,533 care mobile 14,176 scholarships 7,125 total 1,317,554 the board of directors of ronald mcdonald house charities of the southwest is in the process of completing a needs assessment to identify potential areas for program expansion both inside the ronald mcdonald house as well as throughout the 68 county region served by the organization.”

“Federal income taxes -6,517”