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Nonprofiteer
← CHILDRENS HOPE ALLIANCE

Form 990 for tax year 2024

Filed by CHILDRENS HOPE ALLIANCE.

Totals

Total revenue
$866,635
Total expenses
$1,046,446
Contributions and grants received
$120,861
Grants paid
$1,043,546
Program service revenue
$0
Investment income
$745,774
Other revenue
$0
Total assets, end of year
$18,742,425
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$18,742,425
Program services expenses (Part IX)
$1,043,546
Management and general expenses
$2,900
Fundraising expenses
$0
Program service expenses (Part III)
$1,043,546

Program services were 99.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $120,861

  • 3 · Investment income

    total $745,774 · excluded $745,774

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,043,546 · program services $1,043,546

  • 24e · All other expenses

    total $2,900 · management and general $2,900

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $218,493 · end of year $41,582

  • 10a · Land, buildings and equipment: cost or other basis

    $111,500

  • 10c · Land, buildings and equipment, net

    beginning of year $114,400 · end of year $111,500

  • 12 · Investments: other securities

    beginning of year $17,486,795 · end of year $18,589,343

  • 27 · Net assets without donor restrictions

    beginning of year $281,591 · end of year -$31,376

  • 28 · Net assets with donor restrictions

    beginning of year $17,538,097 · end of year $18,773,801

Mission and programs · 2024

Mission

CHILDREN'S HOPE ALLIANCE (CHA) MISSION IS TO PROVIDE HOPE, HEALTH, AND HEALING FOR GENERATIONS.

Activities or mission (Part I)

GRANDFATHER HOME FOR CHILDREN (GFHC) EXISTS TO FUND AND SUSTAIN THE MISSION OF CHILDREN'S HOPE ALLIANCE AND ITS SUBSIDIARIES, PROVIDING TRAUMA-INFORMED THERAPEUTIC PROGRAMS, FOSTER CARE, AND EARLY INTERVENTION SERVICES FOR AT- RISK CHILDREN AND FAMILIES ACROSS NORTH CAROLINA

  • GRANDFATHER HOME FOR CHILDREN (GFHC IS ONE OF TWO HISTORICAL FOUNDING ENTITIES OF THE CHILDREN'S HOPE ALLIANCE (CHA) FAMILY OF NONPROFITS. FOUNDED IN 1914 IN BANNER ELK, NC, IT ORIGINALLY OPERATED A RESIDENTIAL CHILDREN'S HOME SERVING ORPHANED CHILDREN OF THE APPALACHIAN REGION. IN 2011, GFHC MERGED WITH BARIUM SPRINGS HOME FOR CHILDREN, TO FORM CHA- TOGETHER REPRESENTING A COMBINED 250-YEAR LEGACY OF SERVICE TO AT-RISK CHILDREN IN NC. TODAY, GFHC IS MAINTAINED AS A SEPARATE LEGAL ENTITY TO FUND DIRECT SERVICES TO CHILDREN ACROSS THE CONSOLIDATED ORGANIZATION THROUGH PERPETUAL CHARITABLE TRUST INCOME ESTABLISHED BY HISTORIC DONORS. AS A TYPE II SUPPORTING ORGANIZATION UNDER 509(A)(3), GFHC HAS NO EMPLOYEES AND CONDUCTS NO DIRECT PROGRAMS. INVESTMENT INCOME IS DISTRIBUTED ANNUALLY TO ITS SUPPORT ORGANIZATIONS. DURING FY2025, GFHC DISTRIBUTED 1,043,546 IN TRUST INCOME AS FOLLOWS: "CHILDREN'S HOPE ALLIANCE: 260,000 "BARIUM SPRINGS HOME FOR CHILDREN: 200,000 "CHILDREN'S HOPE ALLIANCE FOUNDATION: 555,546 "PROPERTIES FOR CHILDREN: 28,000

    Expenses $1,043,546 · Grants $1,043,546

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Laura Skinner

    CHAIR

    Total calculated
    $0
    Hours/week
    2 + 4 related
  • Dana Dominguez

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Kate Buckles

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Sharyl Dormus

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Rachael Hicks

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Liz Feinberg

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Angelia Wilson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Celeste Dominguez

    CEO

    Total calculated
    $357,641
    From this org
    $0
    From related orgs
    $338,436
    Other
    $19,205
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    not reported + $338,436 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported + $11,502 related
    Nontaxable benefits
    not reported + $7,703 related
    Filer's total
    not reported + $357,641 related
  • Sarah Gray

    CDO

    Total calculated
    $182,418
    From this org
    $0
    From related orgs
    $173,223
    Other
    $9,195
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    not reported + $173,223 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported + $9,195 related
    Filer's total
    not reported + $182,418 related
  • Lakisha Rogers-Marelli

    CIO

    Total calculated
    $212,024
    From this org
    $0
    From related orgs
    $204,017
    Other
    $8,007
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    not reported + $204,017 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported + $8,007 related
    Nontaxable benefits
    not reported
    Filer's total
    not reported + $212,024 related
  • Kevin Anders

    CCO

    Total calculated
    $211,211
    From this org
    $0
    From related orgs
    $195,750
    Other
    $15,461
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    not reported + $195,750 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported + $7,758 related
    Nontaxable benefits
    not reported + $7,703 related
    Filer's total
    not reported + $211,211 related
  • Krista Zappia

    CFO

    Total calculated
    $193,166
    From this org
    $0
    From related orgs
    $179,873
    Other
    $13,293
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    not reported + $179,873 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported + $2,184 related
    Nontaxable benefits
    not reported + $11,109 related
    Filer's total
    not reported + $193,166 related
  • Carson Ojamaa

    CSGO

    Total calculated
    $196,484
    From this org
    $0
    From related orgs
    $178,008
    Other
    $18,476
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    not reported + $178,008 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported + $7,580 related
    Nontaxable benefits
    not reported + $10,896 related
    Filer's total
    not reported + $196,484 related
  • Kirsten Smith

    CCPO

    Total calculated
    $188,842
    From this org
    $0
    From related orgs
    $173,875
    Other
    $14,967
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    not reported + $173,875 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported + $7,264 related
    Nontaxable benefits
    not reported + $7,703 related
    Filer's total
    not reported + $188,842 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PART III
COMPENSATION FOR THE PRESIDENT/CEO IS REVIEWED AND APPROVED BY THE PARENT BOARD OF CHILDREN'S HOPE ALLIANCE, CONVENED IN EXECUTIVE SESSION AND COMPRISED OF INDEPENDENT PARENT BOARD MEMBERS WITH NO FINANCIAL INTEREST IN THE COMPENSATION ARRANGEMENT UNDER REVIEW. THE PARENT BOARD'S REVIEW IS INFORMED BY AN INDEPENDENT THIRD-PARTY SALARY STUDY CONDUCTED EVERY OTHER YEAR, BENCHMARKING COMPENSATION AGAINST COMPARABLE POSITIONS AT SIMILARLY- SIZED NONPROFIT ORGANIZATIONS. THE PRESIDENT/CEO RECUSES FROM DELIBERATIONS REGARDING THEIR OWN SALARY, WHICH ARE LED BY THE BOARD CHAIR. BONUS CONSIDERATION FOR THE PRESIDENT/CEO AND OTHER OFFICERS IS ALSO BROUGHT TO THE PARENT BOARD IN EXECUTIVE SESSION FOR REVIEW AND APPROVAL. COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES IS BENCHMARKED USING THE SAME INDEPENDENT THIRD-PARTY SALARY STUDY AND DETERMINED BY THE PRESIDENT/CEO UNDER AUTHORITY DELEGATED BY THE PARENT BOARD. COMPENSATION DECISIONS ARE DOCUMENTED IN THE PARENT BOARD'S EXECUTIVE SESSION MEETING RECORDS. THIS PROCESS IS INTENDED TO SATISFY THE REQUIREMENTS FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS UNDER TREASURY REGULATION 53.4958-6 WITH RESPECT TO THE PRESIDENT/CEO'S COMPENSATION.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
14 July 2026
IRS schema version
2024v5.0
Source object
202641959349301029

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