lefile GRAPHIC print - DO NOT PROCESS I As Filed Data - I DLN: 934933090105341

Form990 Return of Organization Exempt From Income Tax

Under section 501 (c), 527, or 4947( a)(1) of the Internal Revenue Code ( except privatefoundations)

Department of the Treasury Do not enter Social Security numbers on this form as it may be made public By law, the IRS

Internal Revenue Service generally cannot redact the information on the form- Information about Form 990 and its instructions is at www.IRS.gov/form990

For the 2013 calendar year, or tax year beginning 01-01-2013 , 2013, and ending 12-31-2013

OMB No 1545-0047

2013

B Check if applicableC Name of organization D Employer identification number

' 'FATHER FLANAGAN S BOYS HOMEF Address change 47-0376606

Doing Business AsName change

fl Initial return Number and street (or P 0 box if mail is not delivered to street address) Room/suite E Telephone number14100 CRAWFORD STREET

p Terminated(402)498-3127

-( Amended return City or town, state or province, country, and ZIP or foreign postal codeBOYS TOWN, NE 68010

1 Application pending G Gross receipts $ 321,508,566

F Name and address of principal officer H(a) Is this a group return forRev Steven E Boes subordinates? fl Yes F No14100 Crawford StreetBoys Town, NE 68010 H(b) Are all subordinates fl Yes (- No

included?

I Tax-exempt status F 501(c)(3) 1 501(c) ( ) I (insert no (- 4947(a)(1) or F_ 527 If "No," attach a list (see instructions)

J Website : - http //www boystown org H(c) Group exemption number 0-

K Form of organization F Corporation 1 Trust F_ Association (- Other 0- L Year of formation 1917 M State of legal domicile NE

Summary

1 Briefly describe the organization's mission or most significant activitiesChanging the way America cares for children, families and communities by providing and promoting an Integrated Continuum ofCare that instills Boys Town values to strengthen body, mind and spirit

w

2 Check this box if the organization discontinued its operations or disposed of more than 25% of its net assets

3 Number of voting members of the governing body (Part VI, line la) . . . . . . . 3 18of:' 4 N umber of independent voting members of the governing body (Part VI, line 1 b) . . . . 4 17

5 Total number of individuals employed in calendar year 2013 (Part V, line 2a) . 5 3,531

6 Total number of volunteers (estimate if necessary) 6 300

7a Total unrelated business revenue from Part VIII, column (C), line 12 . 7a 172,925

b Net unrelated business taxable income from Form 990-T, line 34 . . . . . . . 7b -222,373

Prior Year Current Year

8 Contributions and grants (Part VIII, line 1h) . 103,654,422 101,516,384

9 Program service revenue (Part V I I I , l i n e 2g) . . . . . . . . 121,485,979 129,007,419

N 10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) . . . 6,511,421 6,958,062

11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 2,103,555 3,761,169

12 Total revenue-add lines 8 through 11 (must equal Part VIII, column (A), line12) . . . . . . . . . . . . . . . . . . 233,755,377 241,243,034

13 Grants and similar amounts paid (Part IX, column (A), lines 1-3) . 25,964,747 23,938,944

14 Benefits paid to or for members (Part IX, column (A), line 4) . 0

15 Salaries, other compensation, employee benefits (Part IX, column (A), lines5-10) 127,022,336 131,912,356

16a Professional fundraising fees (Part IX, column (A), line 11e) 0

LLJb Total fundraising expenses (Part IX, column (D), line 25) 0-21,581,148

17 Other expenses (Part IX, column (A), lines h1a-11d, 11f-24e) . . . . 75,568,474 77,405,377

18 Total expenses Add lines 13-17 (must equal Part IX, column (A), line 25) 228,555,557 233,256,677

19 Revenue less expenses Subtract line 18 from line 12 5,199,820 7,986,357

Beginning of CurrentEnd of Year

Year

M20 Total assets (Part X, l i n e 1 6 ) . . . . . . . . . . . . 1,238,055,016 1,348,823,254

%TS 21 Total liabilities (Part X, line 26) . . . . . . . . . . . . 161,272,791 139,395,933

ZLL 22 Net assets or fund balances Subtract l i n e 2 1 from l i n e 20 . 1,076,782,225 1,209,427,321

lijaW Signature Block

Under penalties of perjury, I declare that I have examined this return, includinmy knowledge and belief, it is true, correct, and complete Declaration of prepspreparer has any knowledge

SignSignature of officer

Here Judy F Rasmussen CPA Treasurer

Type or print name and title

Print/Type preparer's name Preparers signatureLorraine Egger

PaidFirm's name 1- KPMG LLP

Pre pare rUse Only Firm's address 1-1212 North 96th Street Suite 300

Omaha, NE 68114

May the IRS discuss this return with the preparer shown above? (see instructs

For Paperwork Reduction Act Notice, see the separate instructions.

Form 990 (2013) Page 2

Statement of Program Service AccomplishmentsCheck if Schedule 0 contains a response or note to any line in this Part III .F

1 Briefly describe the organization's mission

Changing the way America cares for children, families and communities by providing and promoting an Integrated Continuum of Care thatinsti lls Boys Town values to strengthen body, mind and spirit

2 Did the organization undertake any significant program services during the year which were not listed onthe prior Form 990 or 990-EZ? . . . . . . . . . . . . . . . . . . . . . . fl Yes F No

If "Yes," describe these new services on Schedule 0

3 Did the organization cease conducting, or make significant changes in how it conducts, any programservices? . . . . . . . . . . . . . . . . . . . . . . . . . . . . F Yes F No

If "Yes," describe these changes on Schedule 0

4 Describe the organization's program service accomplishments for each of its three largest program services, as measured byexpenses Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and al locations to others,the total expenses, and revenue, if any, for each program service reported

4a (Code ) (Expenses $ 51,282,636 including grants of $ 2,575,449 (Revenue $ 22,351,167

NEBRASKA/IOWA - See Schedule 0 for complete description

4b (Code ) (Expenses $ 98,249,980 including grants of $ 251,726 (Revenue $ 95,453,430

BOYSTOWN NATIONAL RESEARCH HOSPITAL - See Schedule 0 for complete description

4c (Code ) (Expenses $ 26,497,953 including grants of $ 21,019,513 (Revenue $ 4,232,416

PROGRAMS ACROSS AMERICA - See Schedule 0 for complete description

4d Other program services (Describe in Schedule 0 )

(Expenses $ 19,076,502 including grants of $ 92,256 ) (Revenue $ 6,970,406

4e Total program service expenses 1- 195,107,071

Form 990 (2013)

Form 990 (2013) Page 3

Checklist of Required Schedules

Yes No

1 Is the organization described in section 501(c)(3) or4947(a)(1) (other than a private foundation)? If "Yes," Yes

complete Schedule As . . . . . . . . . . . . . . . . . . . . . . . 1

2 Is the organization required to complete Schedule B, Schedule of Contributors (see instructions)? 2 Yes

3 Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to Nocandidates for public office? If "Yes,"complete Schedule C, Part I . . . . . . . . . . 3

4 Section 501 ( c)(3) organizations . Did the organization engage in lobbying activities, or have a section 501(h) Yes

election in effect during the tax year? If "Yes,"complete Schedule C, Part 1195 . . . . . . . 4

5 Is the organization a section 501 (c)(4), 501 (c)(5), or 501(c)(6) organization that receives membership dues,assessments, or similar amounts as defined in Revenue Procedure 98-19? If "Yes," complete Schedule C,Part III . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 N o

6 Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have theright to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes,"completeSchedule D, Part I . . . . . . . . . . . . . . . . . . . . . . . 6 N o

7 Did the organization receive or hold a conservation easement, including easements to preserve open space,the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part II . . 7 No

8 Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes,"complete Schedule D, Part III . . . . . . . . . . . . . . . . . . . 8 N o

9 Did the organization report an amount in Part X, line 21 for escrow or custodial account liability, serve as acustodian for amounts not listed in Part X, or provide credit counseling, debt management, credit repair, or debtnegotiation services? If "Yes," complete Schedule D, Part IV . . . . . . . . . . . . . . 9 No

10 Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, 10 Yespermanent endowments, or quasi-endowments? If "Yes,"complete Schedule D, Part V .

11 If the organization's answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII,VIII, IX, or X as applicable

a Did the organization report an amount for land, buildings, and equipment in Part X, line 10?

If "Yes," complete Schedule D, Part VI.19 . . . . . . . . . . . . . . . . . . . lla Yes

b Did the organization report an amount for investments-other securities in Part X, line 12 that is 5% or more ofits total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VII . . . . . . lib No

c Did the organization report an amount for investments-program related in Part X, line 13 that is 5% or more ofits total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII . . . . . . llc No

d Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets

reported in Part X, line 16? If "Yes," complete Schedule D, Part IAN . . . . . . . . . . . . lid Yes

e Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, PartXS lle Yes

f Did the organization's separate or consolidated financial statements for the tax year include a footnote thathlf Yes

addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete

Schedule D, Part X. . . . . . . . . . . . . . . . . . . . . . . . .

12a Did the organization obtain separate, independent audited financial statements for the tax year?If "Yes," complete Schedule D, Parts XI and XII . . . . . . . . . . . . . . . . 12a N o

b Was the organization included in consolidated, independent audited financial statements for the tax year? If12b Yes

"Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional

13 Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes,"completeScheduleE13 Yes

14a Did the organization maintain an office, employees, or agents outside of the United States? . 14a No

b Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising,business, investment, and program service activities outside the United States, or aggregate foreign investmentsvalued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV . . . . . . . . 14b No

15 Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to orfor any foreign organization? If "Yes," complete Schedule F, Parts II and IV 15 No

16 Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or otherassistance to or for foreign individuals? If "Yes," complete Schedule F, Parts III and IV . . 16 No

17 Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part 17 NoIX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Partl (seeinstructions) . . . .

18 Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part

VIII, lines 1c and 8a? If "Yes, " complete Schedule G, Part II . . . . . . . . . . . 15 18 Yes

19 Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If 19 No"Yes," complete Schedule G, Part III . . . . . . . . . . . . . . . . . . .

20a Did the organization operate one or more hospital facilities? If "Yes,"complete Schedule H . . 95 20a Yes

b If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return? 1520b Yes

Form 990 (2013)

Form 990 (2013) Page 4

Checklist of Required Schedules (continued)

21 Did the organization report more than $5,000 of grants or other assistance to any domestic organization or 21 Yes

1government on Part IX, column (A), line 1? If "Yes, "complete Schedule I, Parts I and II . . . IN

22 Did the organization report more than $5,000 of grants or other assistance to individuals in the United States on 22Part IX, column (A), line 2? If "Yes," complete Schedule I, Parts I and III . S Yes

23 Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the organization'scurrent and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," 23 Yes

complete Schedule J . . . . . . . . . . . . . . . . . . . . . . IN

24a Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000as of the last day of the year, that was issued after December 31, 2002? If"Yes," answer lines 24b through 24d

and complete Schedule K. If "No,"go to line 25a . . . . . . . . . . . . . . . 24a Yes

b Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception? . 24b No

c Did the organization maintain an escrow account other than a refunding escrow at any time during the yearto defease any tax-exempt bonds? . 24c No

d Did the organization act as an on behalf of issuer for bonds outstanding at any time during the year? . 24d No

25a Section 501(c)( 3) and 501 ( c)(4) organizations . Did the organization engage in an excess benefit transaction witha disqualified person during the year? If "Yes," complete Schedule L, Part I . . . . . . . 25a No

b Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prioryear, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ? If 25b No

"Yes," complete Schedule L, Part I . . . . . . . . . . . . . . . . . . .

26 Did the organization report any amount on Part X, line 5, 6, or 22 for receivables from or payables to any currentor former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons? 26 NoIf so, complete Schedule L, Part II . . . . . . . . . . . . . . . . . . . .

27 Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantialcontributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family 27 No

member of any of these persons? If "Yes," complete Schedule L, Part III . . . . . . . . .

28 Was the organization a party to a business transaction with one of the following parties (see Schedule L, Part IVinstructions for applicable filing thresholds, conditions, and exceptions)

a A current or former officer, director, trustee, or key employee? If "Yes,"complete Schedule L, PartIV . . . . . . . . . . . . . . . . . . . . . . . . . 28a No

b A family member of a current or former officer, director, trustee, or key employee? If "Yes,"complete Schedule L, Part IV . . . . . . . . . . . . . . . . . . . . 28b No

c A n entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) wasan officer, director, trustee, or direct or indirect owner? If "Yes,"complete Schedule L, Part IV . . 28c No

29 Did the organization receive more than $25,000 in non-cash contributions? If "Yes,"completeScheduleM 29 Yes

30 Did the organization receive contributions of art, historical treasures, or other similar assets, or qualifiedconservation contributions? If "Yes," complete Schedule M . . . . . . . . . . . . . 30 No

31 Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N,Part I . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 N o

32 Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes, " completeSchedule N, Part II . . . . . . . . . . . . . . . . . . . . . . 32 N o

33 Did the organization own 100% of an entity disregarded as separate from the organization under Regulationssections 301 7701-2 and 301 7701-3? If "Yes," complete Schedule R, PartI . 33 No

34 Was the organization related to any tax-exempt or taxable entity? If "Yes,"complete Schedule R, Part II, III, orIV,

and Part V, line l . . . . . . . . . . . . . . . . . . . . . . . 34 Yes

35a Did the organization have a controlled entity within the meaning of section 512(b)(13)735a Yes

b If'Yes'to line 35a, did the organization receive any payment from or engage in any transaction with a controlled35b Yes

entity within the meaning of section 512 (b)(13 )? If "Yes,"complete Schedule R, Part V, line 2 . .

36 Section 501(c)( 3) organizations . Did the organization make any transfers to an exempt non-charitable relatedorganization? If "Yes,"complete Schedule R, Part V, line 2 . . . . . . . . . . . . 36 No

37 Did the organization conduct more than 5 % of its activities through an entity that is not a related organizationand that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VI 37 No

38 Did the organization complete Schedule 0 and provide explanations in Schedule 0 for Part VI, lines 1 lb and 19?Note . All Form 990 filers are required to complete Schedule 0 . . . . . . . . . . . 38 Yes

Form 990 (2013)

Form 990 (2013) Page 5

MEW-Statements Regarding Other IRS Filings and Tax Compliance

Check if Schedule 0 contains a response or note to any line in this Part V (-

Yes 1 No

la Enter the number reported in Box 3 of Form 1096 Enter -0- if not applicable . la 785

b Enter the number of Forms W-2G included in line la Enter -0- if not applicable lb 0

c Did the organization comply with backup withholding rules for reportable payments to vendors and reportablegaming (gambling) winnings to prize winners? . . . . . . . . . . . . . . . . . 1c Yes

2a Enter the number of employees reported on Form W-3, Transmittal of Wage andTax Statements, filed for the calendar year ending with or within the year coveredby this return . . . . . . . . . . . . . . . . . 2a 3,531

b If at least one is reported on line 2a, did the organization file all required federal employment tax returns?Note . If the sum of lines la and 2a is greater than 250 you may be required to e-file (see instructions)

2b Yes,

3a Did the organization have unrelated business gross income of $ 1,000 or more during the year? . . 3a Yes

b If"Yes," has it filed a Form 990-T for this year? If "No"to line 3b, provide an explanation in Schedule 0 . . . 3b Yes

4a At any time during the calendar year, did the organization have an interest in, or a signature or other authorityover, a financial account in a foreign country (such as a bank account, securities account, or other financialaccount)? . . . . . . . . . . . . . . . . . . . . . . . . . . 4a Yes

b If "Yes," enter the name of the foreign country O- EI

See instructions for filing requirements for Form TD F 90-22 1, Report of Foreign Bank and Financial Accounts

5a Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? . .

b Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?

c If "Yes," to line 5a or 5b, did the organization file Form 8886-T?

6a Does the organization have annual gross receipts that are normally greater than $100,000, and did theorganization solicit any contributions that were not tax deductible as charitable contributions? . .

b If "Yes," did the organization include with every solicitation an express statement that such contributions or giftswere not tax deductible? .

7 Organizations that may receive deductible contributions under section 170(c).

a Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods andservices provided to the payor? .

b If "Yes," did the organization notify the donor of the value of the goods or services provided? . .

c Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required tofile Form 82827 .

d If "Yes," indicate the number of Forms 8282 filed during the year 7d

e Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefitcontract? .

f Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?

g If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 asrequired? .

h If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file aForm 1098-C? .

8 Sponsoring organizations maintaining donor advised funds and section 509(a )( 3) supporting organizations. Didthe supporting organization, or a donor advised fund maintained by a sponsoring organization, have excessbusiness holdings at any time during the year? .

9 Sponsoring organizations maintaining donor advised funds.

a Did the organization make any taxable distributions under section 4966? . .

b Did the organization make a distribution to a donor, donor advisor, or related person? . .

10 Section 501(c)( 7) organizations. Enter

a Initiation fees and capital contributions included on Part VIII, line 12 . 10a

b Gross receipts, included on Form 990, Part VIII, line 12, for public use of club 10bfacilities

11 Section 501(c)( 12) organizations. Enter

a Gross income from members or shareholders . . . . . . . . 11a

b Gross income from other sources (Do not net amounts due or paid to other sourcesagainst amounts due or received from them ) . . . . . . . . . 11b

12a Section 4947( a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?

b If "Yes," enter the amount of tax-exempt interest received or accrued during theyear . . . . . . . . . . . . . . . . . . . 12b

13 Section 501(c)( 29) qualified nonprofit health insurance issuers.

a Is the organization licensed to issue qualified health plans in more than one state?Note . See the instructions for additional information the organization must report on Schedule 0

b Enter the amount of reserves the organization is required to maintain by the statesin which the organization is licensed to issue qualified health plans 13b

c Enter the amount of reserves on hand 13c

5a N o

5b N o

5c

6a N o

6b

7a Yes

7b Yes

7c I I N o

7e N o

7f N o

7g

7h

8

9a

9b

12a

13a

14a Did the organization receive any payments for indoor tanning services during the tax year? . . . 14a No

b If "Yes," has it filed a Form 720 to report these payments? If "No,"provide an explanation in Schedule 0 . 14b

Form 990 (2013)

Form 990 ( 2013) Page 6

Lam Governance , Management, and Disclosure For each "Yes" response to lines 2 through 7b below, and for a"No" response to lines 8a, 8b, or 1Ob below, describe the circumstances, processes, or changes in Schedule 0.See instructions.Check if Schedule 0 contains a response or note to any line in this Part VI .F

Section A . Governing Body and Management

Yes No

la Enter the number of voting members of the governing body at the end of the taxla 18

year . .

If there are material differences in voting rights among members of the governingbody, or if the governing body delegated broad authority to an executive committeeor similar committee, explain in Schedule 0

b Enter the number of voting members included in line la, above, who areindependent . . . . . . . . . . . . . . . . . . lb 17

2 Did any officer, director, trustee, or key employee have a family relationship or a business relationship with anyother officer, director, trustee, or key employee? 2 Yes

3 Did the organization delegate control over management duties customarily performed by or under the direct3 No

supervision of officers, directors or trustees, or key employees to a management company or other person?

4 Did the organization make any significant changes to its governing documents since the prior Form 990 wasfiled? . . . . . . . . . . . . . . . . . . . . . . . . . . 4 No

5 Did the organization become aware during the year of a significant diversion of the organization's assets? 5 No

6 Did the organization have members or stockholders? 6 No

7a Did the organization have members, stockholders, or other persons who had the power to elect or appoint one ormore members of the governing body? . . . . . . . . . . . . . . . . . . . 7a No

b Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, 7b Noor persons other than the governing body?

8 Did the organization contemporaneously document the meetings held or written actions undertaken during theyear by the following

a The governing body? . . . . . . . . . . . . . . . . . . . . . . . . 8a Yes

b Each committee with authority to act on behalf of the governing body? 8b Yes

9 Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at theorganization's mailing address? If "Yes,"provide the names and addresses in Schedule 0 . . . . . . 9 No

Section B. Policies ( This Section B requests information about p olicies not required b y the Internal Revenue Code.)Yes No

10a Did the organization have local chapters, branches, or affiliates? 10a Yes

b If "Yes," did the organization have written policies and procedures governing the activities of such chapters,affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes? 10b Yes

11a Has the organization provided a complete copy of this Form 990 to all members of its governing body before filingthe form? . . . . . . . . . . . . . . . . . . . . . . . . . . . 11a Yes

b Describe in Schedule 0 the process, if any, used by the organization to review this Form 990

12a Did the organization have a written conflict of interest policy? If "No,"go to line 13 . 12a Yes

b Were officers, directors, or trustees, and key employees required to disclose annually interests that could giverise to conflicts? . . . . . . . . . . . . . . . . . . . . . . . . . 12b Yes

c Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describein Schedule 0 how this was done . 12c Yes

13 Did the organization have a written whistleblower policy? 13 Yes

14 Did the organization have a written document retention and destruction policy? . 14 Yes

15 Did the process for determining compensation of the following persons include a review and approval byindependent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?

a The organization's CEO, Executive Director, or top management official 15a Yes

b Other officers or key employees of the organization 15b Yes

If "Yes" to line 15a or 15b, describe the process in Schedule 0 (see instructions)

16a Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with ataxable entity during the year? . . . . . . . . . . . . . . . . . . . . . 16a No

b If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate itsparticipation in joint venture arrangements under applicable federal tax law, and take steps to safeguard theorganization's exempt status with respect to such arrangements? . . . . . . . . . . 16b

Section C. Disclosure

17 List the States with which a copy of this Form 990 is required to be filed-WY , WV , WI , WA , VT , VA , UT , TX , TN , SD , SC , RIPA,OR,OK,OH, NY,NV,NM,NJ,NH,NE,ND,NCMT ,MS , MO MN ,MI,ME,MD,MA ,LA ,KY,KS,INIL, ID , IA , HI , GA ,FL,DE,DC ,CT,CO ,CA,AZ,AR,AL,AK

18 Section 6104 requires an organization to make its Form 1023 (or 1024 if applicable ), 990, and 990 -T (501(c)(3)s only ) available for public inspection Indicate how you made these available Check all that apply

fl Own website fl Another' s website F Upon request fl Other ( explain in Schedule O )

19 Describe in Schedule 0 whether ( and if so, how) the organization made its governing documents , conflict ofinterest policy , and financial statements available to the public during the tax year

20 State the name, physical address, and telephone number of the person who possesses the books and records of the organization-Judy F Rasmussen CPA 14086 Mother Teresa LaneBoysTown , NE 68010 (402)498-3131

Form 990 (2013)

Form 990 (2013) Page 7

Compensation of Officers , Directors ,Trustees, Key Employees, Highest CompensatedEmployees , and Independent ContractorsCheck if Schedule 0 contains a response or note to any line in this Part VII .(-

Section A. Officers, Directors, Trustees, Kev Employees, and Highest Compensated Employees

la Complete this table for all persons required to be listed Report compensation for the calendar year ending with or within the organization'stax year* List all of the organization's current officers, directors, trustees (whether individuals or organizations), regardless of amount

of compensation Enter-0- in columns (D), (E), and (F) if no compensation was paid

* List all of the organization's current key employees, if any See instructions for definition of "key employee "

* List the organization's five current highest compensated employees (other than an officer, director, trustee or key employee)who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from theorganization and any related organizations

* List all of the organization 's former officers, key employees, or highest compensated employees who received more than $100,000of reportable compensation from the organization and any related organizations

* List all of the organization's former directors or trustees that received, in the capacity as a former director or trustee of theorganization, more than $10,000 of reportable compensation from the organization and any related organizations

List persons in the following order individual trustees or directors, institutional trustees, officers, key employees, highestcompensated employees, and former such persons

fl Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee

(A)Name and Title

(B)Averagehours perweek (listany hours

(C)Position (do not check

more than one box, unlessperson is both an officerand a director/trustee)

(D)Reportable

compensationfrom the

organization (W-

( E)Reportable

compensationfrom relatedorganizations

(F)Estimated

amount of othercompensation

from thefor relatedorganizations

belowdotted line)

.ca:

m_fD

4

(D

0 =3]Zart

rD 0

7

T

a

2/1099-MISC) (W- 2/1099-MISC)

organization andrelated

organizations

Form 990 (2013)

Form 990 (2013) Page 8

Section A. Officers, Directors, Trustees , Key Employees, and Highest Compensated Employees (continued)

(A)Name and Title

(B)Averagehours perweek (listany hours

(C)Position (do not check

more than one box, unlessperson is both an officerand a director/trustee)

(D)Reportable

compensationfrom the

organization (W-

( E)Reportable

compensationfrom related

organizations (W-

(F)Estimated

amount of othercompensation

from thefor relatedorganizations

belowdotted line)

0--

C:SL

a

747.

;3

m_

;rl

!

M=

boo

fD

ur

T

a

2/1099-MISC) 2/1099-MISC) organization andrelated

organizations

lb Sub-Total . . . . . . . . . . . . . . . . 0-

c Total from continuation sheets to Part VII, Section A . . . . 0-

d Total ( add lines lb and 1c) . . . . . . . . . . . . 0- 3,846,610 337,546

Total number of individuals (including but not limited to those listed above) who received more than$100,000 of reportable compensation from the organization-144

No

Did the organization list any former officer, director or trustee, key employee, or highest compensated employee

on line la? If "Yes," complete Schedule Jfor such individual . . . . . . . . . . . . . 3 No

4 For any individual listed on line la, is the sum of reportable compensation and other compensation from theorganization and related organizations greater than $150,0007 If "Yes," complete Schedule -7 for such

individual . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did any person listed on line la receive or accrue compensation from any unrelated organization or individual for

services rendered to the organization? If "Yes," complete Schedule Jfor such person . . . . . . . 5 No

Section B. Independent Contractors

1 Complete this table for your five highest compensated independent contractors that received more than $100,000 ofcompensation from the organization Report compensation for the calendar year ending with or within the organization's tax year

(A)Name and business address

(B)Description of services

(C)Compensation

Envoy Inc 3317 North 107th Street Omaha NE 68134 Advertising and Marketing 2,319,667

Innovative Urology Services 7710 Mercy Road Ste 406 Omaha NE 68124 Flouroscopy and Lithotripsy 1,126,750

UNMC Physicians 988095 Nebraska Medical CenterOmaha NE 68198 Pathology 611,838

Nextgen Healthcare Information Systems LLC 18111 Von Karman Ave Suite 700 Irvine CA 92612 Healthcare information system 587,569

Creighton Medical Laboratories 601 North 30th Street Omaha NE 68131 Medical Lab Testing 569,644

2 Total number of independent contractors (including but not limited to those listed above) who received more than$100,000 of compensation from the organization 0-38

Form 990 (2013)

Form 990 (2013) Page 9

Statement of RevenueCheck if Schedule 0 contains a response or note to any line in this Part VIII F

(A) (B) (C) (D)Total revenue Related or Unrelated Revenue

exempt business excluded fromfunction revenue tax underrevenue sections

512-514

la Federated campaigns . laZ

r = b Membership dues . . . . lb6- 0

0 E c Fundraising events . . . . 1c 215,336

d Related organizations . ld 42,659,566

tJ'E e Government grants (contributions) le 8,361,627

V f All other contributions, gifts, grants, and if 50,279,855^ similar amounts not included above

g Noncash contributions included in lines 1,987,574la-If $

h Total . Add lines la-1f 101,516,384

Business Code

2a Nebraska/Iowa Services 623990 22,351,167 22,351,167

a2 b Boys Town National Research Hospital 900099 95,453,430 95,453,430

C Home Town Educational 611600 6,361,225 6,361,225

d Programs Across America 624100 4,232,416 4,232,416

e National Hotline and Public Services 624100 609,181 609,181

f All other program service revenue

g Total . Add lines 2a-2f . . . . . . . . 0- 129,007,419

3 Investment income (including dividends, interest,10-and other similar amounts) .

4,327,706 4,327,706

4 Income from investment of tax-exempt bond proceeds 15 15

5 Royalties 342,075 342,075

(i) Real (ii) Personal

6a Gross rents 256,866

b Less rentalexpenses

c Rental income 256,866or (loss)

d Net rental inco me or (loss) 256,866 256,866

(i) Securities (ii) Other

7a Gross amountfrom sales of 79,884,236 2,818,791assets otherthan inventory

b Less cost orother basis and 77,376,847 2,695,839sales expenses

c Gain or (loss) 2,507,389 122,952

d Net gain or (loss) . lim- 2,630,341 2,630,341

8a Gross income from fundraisingW events (not including

$ 215,336

of contributions reported on line 1c)See Part IV, line 18

a 95,688

sb Less direct expenses . b 192,846

c Net income or (loss) from fundraising events . . 0- -97,158 -97,158

9a Gross income from gaming activitiesSee Part IV, line 19 . .

a

b Less direct expenses . b

c Net income or (loss) from gaming acti vities . . .0-

10a Gross sales of inventory, lessreturns and allowances .

a 172,925

b Less cost of goods sold . b

c Net income or (loss) from sales of inventory . lim- 172,925 172,925

Miscellaneous Revenue Business Code

11a Refunds and Insurance 900099 2,068,559 2,068,559

Recoveries

b Food Service 900099 188,551 188,551

c Mailing list fees 900099 328,514 328,514

d All other revenue 500,837 500,837

e Total.Add lines 11a-11d3,086,461 1 1

12 Total revenue . See Instructions0-1 241,243,034 129,007,419 172,925 10,546,306

Form 990 (2013)

Form 990 (2013) Page 10

Statement of Functional Expenses

Section 501(c)(3) and 501(c)(4) organizations must complete all columns All other organizations must complete column (A)

Check if Schedule 0 contains a response or note to any line in this Part IX . . . . . . . . . . . . . .

Do not include amounts reported on lines 6b,

7b, 8b, 9b, and 10b of Part VIII .

( A)

Total expenses

(B)Program service

expenses

(C)Management andgeneral expenses

(D)Fundraisingexpenses

1 Grants and other assistance to governments and organizations

in the United States See Part IV, line 2121,019,513 21,019,513

2 Grants and other assistance to individuals in the

United States See Part IV, line 222,919,431 2,919,431

3 Grants and other assistance to governments,organizations , and individuals outside the UnitedStates See Part IV, lines 15 and 16 0

4 Benefits paid to or for members 0

5 Compensation of current officers, directors , trustees, and

key employees 2,044,687 562,414 1,482,273

6 Compensation not included above, to disqualified persons(as defined under section 4958( f)(1)) and personsdescribed in section 4958( c)(3)(B) . 0

7 Other salaries and wages 98,537,028 89,421,308 6,604,965 2,510,755

8 Pension plan accruals and contributions ( include section 401(k)and 403(b) employer contributions ) 3,675,248 3,221,052 338,361 115,835

9 Other employee benefits 19,644,908 17,156,315 1,885,969 602,624

10 Payroll taxes 8,010,485 7,185,500 624,578 200,407

11 Fees for services ( non-employees)

a Management . 0

b Legal 244,713 224 244,489

c Accounting 212,252 212,252

d Lobbying 293,070 126,200 166,870

e Professional fundraising services See Part IV, line 17

f Investment management fees . 0

g Other ( If line 11g amount exceeds 10 % of line 25,

column ( A) amount, list line 11g expenses on

Schedule 0 ) 16,536,807 14,045,618 1,639,457 851,732

12 Advertising and promotion 2,786,298 2,137,839 635,056 13,403

13 Office expenses 32,154,820 15,451,782 1,018,034 15,685,004

14 Information technology 0

15 Royalties . 0

16 Occupancy 6,673,860 6,428,105 199,650 46,105

17 Travel . . . . . . . . . . . 1, 873, 661 1,651,598 89,934 132,129

18 Payments of travel or entertainment expenses for any federal,state, or local public officials 0

19 Conferences , conventions , and meetings 0

20 Interest 2,427,993 1,665,423 44,751 717,819

21 Payments to affiliates 0

22 Depreciation , depletion, and amortization 9,654,034 8,718,875 522,523 412,636

23 Insurance . . . . . . . . . . . . . 0

24 Other expenses Itemize expenses not covered above (Listmiscellaneous expenses in line 24e If line 24e amount exceeds 10%of line 25, column (A) amount, list line 24e expenses on Schedule 0

a Equipment rental and maintenance 3,413,258 2,875,905 394,512 142,841

b

c

d

e All other expenses 1,134,611 519,969 464,784 149,858

25 Total functional expenses . Add lines 1 through 24e 233,256,677 195,107,071 16,568,458 21,581,148

26 Joint costs. Complete this line only if the organizationreported in column ( B) joint costs from a combinededucational campaign and fundraising solicitation Checkhere - F if following SOP 98-2 (ASC 958-720)

8,188,723 25,145 , 90,795 , 6,872,783

Form 990 (2013)

Form 990 (2013) Page 11

Balance SheetCheck if Schedule 0 contains a response or note to any line in this Part X F

(A) (B)Beginning of year End of year

1 Cash-non-interest-bearing 8,489,057 1 13,828,800

2 Savings and temporary cash investments . . . . . . . . 19,855,176 2 14,295,191

3 Pledges and grants receivable, net 5,353,915 3 3,208,886

4 Accounts receivable, net . . . . . . . . . . . . 24,138,647 4 21,697,489

5 Loans and other receivables from current and former officers, directors, trustees,key employees, and highest compensated employees Complete Part II ofSchedule L . .

5

6 Loans and other receivables from other disqualified persons (as defined undersection 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributingemployers and sponsoring organizations of section 501(c)(9) voluntary employees'beneficiary organizations (see instructions) Complete Part II of Schedule L

6

7 Notes and loans receivable, net . . . . . . . . . . . . 95,439 7 86,486

8 Inventories for sale or use 1,276,997 8 1,369,957

9 Prepaid expenses and deferred charges . 47,267,258 9 53,732,592

10a Land, buildings, and equipment cost or other basisComplete Part VI of Schedule D 10a 243,704,122

b Less accumulated depreciation . 10b 148,936,932 91,553,479 10c 94,767,190

11 Investments-publicly traded securities . 40,259,929 11 40,375,633

12 Investments-other securities See Part IV, line 11 36,095,418 12 45,885,552

13 Investments-program-related See Part IV, line 11 13

14 Intangible assets . . . . . . . . . . . . . . 14

15 Other assets See Part IV, line 11 . . . . . . . . . . 963,669,701 15 1,059,575,478

16 Total assets . Add lines 1 through 15 (must equal line 34) . 1,238,055,016 16 1,348,823,254

17 Accounts payable and accrued expenses . . . . . . . . 41,882,690 17 42,339,892

18 Grants payable . . . . . . . . . . . . . . . . 18

19 Deferred revenue 86,575 19

20 Tax-exempt bond liabilities . . . . . . . . . . . . 56,821,154 20 48,321,347

21 Escrow or custodial account liability Complete Part IV of Schedule D . 21

22 Loans and other payables to current and former officers, directors, trustees,key employees, highest compensated employees, and disqualified

persons Complete Part II of Schedule L . 22

23 Secured mortgages and notes payable to unrelated third parties 30,847 23 15,423

24 Unsecured notes and loans payable to unrelated third parties 15,445 24 11,247

25 Other liabilities (including federal income tax, payables to related third parties,and other liabilities not included on lines 17-24) Complete Part X of ScheduleD . 62,436,080 25 48,708,024

26 Total liabilities . Add lines 17 through 25 . 161,272,791 26 139,395,933

Organizations that follow SFAS 117 (ASC 958), check here 1- F and complete

lines 27 through 29, and lines 33 and 34.

C5 27 Unrestricted net assets 969,235,790 27 1,099,476,498

Mca

28 Temporarily restricted net assets 39,439,066 28 36,274,252

r29 Permanently restricted net assets . . . . . . . . . . 68,107,369 29 73,676,571

_Organizations that do not follow SFAS 117 (ASC 958), check here 1- fl and

complete lines 30 through 34.

30 Capital stock or trust principal, or current funds 30

31 Paid-in or capital surplus, or land, building or equipment fund 31

4T 32 Retained earnings, endowment, accumulated income, or other funds 32

33 Total net assets or fund balances 1,076,782,225 33 1,209,427,321

34 Total liabilities and net assets/fund balances . . . . . . . 1,238,055,016 34 1,348,823,254

Form 990 (2013)

Form 990 (2013) Page 12

« Reconcilliation of Net AssetsCheck if Schedule 0 contains a response or note to any line in this Part XI . F

1 Total revenue (must equal Part VIII, column (A), line 12) . .

2 Total expenses (must equal Part IX, column (A), line 25) . .

3 Revenue less expenses Subtract line 2 from line 1

4 Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A))

5 Net unrealized gains (losses) on investments

6 Donated services and use of facilities

7 Investment expenses . .

8 Prior period adjustments . .

9 Other changes in net assets or fund balances (explain in Schedule 0)

10 Net assets or fund balances at end of year Combine lines 3 through 9 (must equal Part X, line 33,column (B))

1 241,243,034

2 233,256,677

3 7,986,357

4 1,076,782,225

5 8,018,064

6

7

8

9 116,640,675

10 1,209,427,321

Financial Statements and Reporting

Check if Schedule 0 contains a response or note to any line in this Part XII (-

Yes No

1 Accounting method used to prepare the Form 990 fl Cash 17 Accrual (OtherIf the organization changed its method of accounting from a prior year or checked "Other," explain inSchedule 0

2a Were the organization 's financial statements compiled or reviewed by an independent accountant? 2a

If'Yes,'check a box below to indicate whether the financial statements for the year were compiled or reviewed ona separate basis, consolidated basis, or both

fl Separate basis fl Consolidated basis fl Both consolidated and separate basis

b Were the organization 's financial statements audited by an independent accountant? 2b Yes

If'Yes,'check a box below to indicate whether the financial statements for the year were audited on a separatebasis, consolidated basis, or both

fl Separate basis F Consolidated basis fl Both consolidated and separate basis

c If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of theaudit, review , or compilation of its financial statements and selection of an independent accountant? 2c Yes

If the organization changed either its oversight process or selection process during the tax year, explain inSchedule 0

3a As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the

No

Single Audit Act and 0 MB Circular A-1 33? 3a Yes

b If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the 3b Yesrequired audit or audits, explain why in Schedule 0 and describe any steps taken to undergo such audits

Form 990 (2013)

Additional Data

Software ID : 13000230

Software Version : 13.6.0.0

EIN: 47 -0376606

Name : FATHER FLANAGAN'S BOYS' HOME

Form 990, Part VII - Compensation of Officers, Directors,Trustees, Key Employees, HighestCompensated Employees, and Independent Contractors

(A) (B) (C) (D) ( E) (F)Name and Title Average Position (do not check Reportable Reportable Estimated amount

hours per more than one box, unless compensation compensation of otherweek (list person is both an officer from the from related compensationany hours and a director/trustee) organization (W- organizations (W- from thefor related -

'

,^ =-n

2/1099-MISC) 2/1099-MISC) organization andorganizations ID boo LD related

below c m (D 0 r organizationsdotted line) c

_a,

SL 'D 04_

4

LEI

Gary Rod kin 3 00X X 0 0 0

Chairman of the Board

Gregory S McMillan 2 00X X 0 0 0

Chairman Elect

Mogens C Bay 2 00X 0 0 0

Director

LD Britt MD 2 00X 0 0 0

Director

Sharon Carleton 2 00X 0 0 0

Director

Kate Dodge 2 00X 0 0 0

Director

Judith E Favell PhD 2 00X 0 0 0

Director

W Gary Gates 2 00X 0 0 0

Director

Gerald B Healy MD 2 00X 0 0 0

Director

Vivian Jenkins Nelsen 2 00X 0 0 0

Director

Jan Madsen CPA 2 00X 0 0 0

Director

Kevin P Mohan JD 2 00X 0 0 0

Director

Daniel P Neary 2 00X 0 0 0

Director

Kathy Nieland CPA 2 00X 0 0 0

Director

Cathleen Piazza PhD 2 00X 0 0 0

Director

Mark C Tilden JD 2 00X 0 0 0

Director

Edward G Warin JD 2 00X 0 0 0

Director

Colin E Brady 2 00X 0 0 0

Director to 4/2013

Carl Bryant PhD 2 00X 0 0 0

Director to 4/2013

Beatrice G Garza 2 00X 0 0 0

Director to 4/2013

RaJive John 2 00X 0 0 0

Chairman to 4/2013

Robert H Miller MD 2 00X 0 0 0

Director to 4/2013

David Shafer 2 00X 0 0 0

Director to 4/2013

Father Steven E Boes 40 00X X 95,114 0 60,117

President and National Executive Director

John K Arch40 00

Executive Vice President of Health Care and Director ofX 315,466 0 31,154

Boys Town National Research Hospital

Form 990, Part VII - Compensation of Officers, Directors,Trustees, Key Employees, HighestCompensated Employees, and Independent Contractors

(A) (B) (C) (D) (E) (F)Name and Title Average Position (do not check Reportable Reportable Estimated amount

hours per more than one box, unless compensation compensation of otherweek (list person is both an officer from the from related compensationany hours and a director/trustee) organization (W- organizations (W- from thefor related 0 ,o =

-n2/1099-MISC) 2/1099-MISC) organization and

organizations _ relatedbelow m 0 organizations

dotted line) i c rt_

`

LEI

CD

Philip J Ruden40 00

Executive Vice President, Investments Chief InvestmentX 313,658 0 -12,757

Officer

Judy F Rasmussen CPA 40 00X 276,449 0 19,065

Executive Vice President, Treasurer and CFO

Dan Daly Ph D 40 00X 244,220 0 -23,251

Executive Vice President, Director of Youth Care

Andrew M Bath JD 40 00X 217, 419 0 20, 512

Executive Vice President and General Counsel

Thomas Gregory 40 00X 170,849 0 13,133

Senior Vice President and Corporate Secretary

Michael J Eglseder 40 00X 201,033 0 17,763

Vice President, Investments and Assistant Treasurer

Victor F La Puma JD40 00

Assistant General Counsel and Assistant CorporateX 186,841 0 31,633

Secretary

Charles J Sprague MD 40 00X 441,264 0 35,562

Staff Pediatrician

Kelli Jo Shidler MD 40 00X 380,311 0 37,171

Staff Pediatrician

Edward M Kolb MD 40 00X 342,320 0 37,191

VP Medical Director- BTNRH

Mark J Domet MD 40 00X 335,088 0 34,362

Staff Pediatrician

John W Peterson MD 40 00X 326,578 0 35,891

Staff Anesthesiologist

efile GRAPHIC p rint - DO NOT PROCESS As Filed Data - DLN: 93493309010534

SCHEDULE A Public Charity Status and Public SupportOMB No 1545-0047

(Form 990 or 990EZ ) Complete if the organization is a section 501(c)( 3) organization or a section 4947(a)(1)2013nonexempt charitable trust.

Department of the I Oil Attach to Form 990 or Form 990-EZ . Oil See separate instructions. Ope nTreasury Oil Information about Schedule A (Form 990 or 990-EZ) and its instructions is at Inspe ctInternal Revenue Service

www.irs.gov form 990.

Name of the organization Employer identification numberFATHER FLANAGAN'S BOYS' HOME

Reason for Public Charity Status (All organizations must complete this part.) See instructions.The organization is not a private foundation because it is (For lines 1 through 11, check only one box )

1 1 A church, convention of churches, or association of churches described in section 170 ( b)(1)(A)(i).

2 F A school described in section 170(b)(1)(A)(ii). (Attach Schedule E )

3 1 A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).

4 1 A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the

hospital's name, city, and state5 1 An organization operated for the benefit of a college or university owned or operated by a governmental unit described in

section 170 ( b)(1)(A)(iv ). (Complete Part II )

6 1 A federal, state, or local government or governmental unit described in section 170 ( b)(1)(A)(v).

7 1 An organization that normally receives a substantial part of its support from a governmental unit or from the general publicdescribed in section 170 ( b)(1)(A)(vi ). (Complete Part II )

8 fl A community trust described in section 170 ( b)(1)(A)(vi ) (Complete Part II )

9 1 An organization that normally receives (1) more than 331/3% of its support from contributions, membership fees, and gross

receipts from activities related to its exempt functions-subject to certain exceptions, and (2) no more than 331/3% of

its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses

acquired by the organization after June 30, 1975 See section 509( a)(2). (Complete Part III )

10 1 An organization organized and operated exclusively to test for public safety See section 509(a)(4).

11 1 An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes ofone or more publicly supported organizations described in section 509 ( a)(1) or section 509(a )( 2) See section 509(a)(3). Checkthe box that describes the type of supporting organization and complete lines Ile through 11 h

a fl Type I b fl Type II c fl Type III - Functionally integrated d fl Type III - Non -functionally integrated

e (- By checking this box, I certify that the organization is not controlled directly or indirectly by one or more disqualified personsother than foundation managers and other than one or more publicly supported organizations described in section 509(a)(1 ) orsection 509(a)(2)

f If the organization received a written determination from the IRS that it is a Type I, Type II, orType III supporting organization,check this box F

g Since August 17, 2006, has the organization accepted any gift or contribution from any of thefollowing persons?(i) A person who directly or indirectly controls , either alone or together with persons described in (ii) Yes No

and (iii) below, the governing body of the supported organization? 11g(i)

(ii) A family member of a person described in (i) above? 11g(ii)

(iii) A 35% controlled entity of a person described in (i) or (ii) above? 11g(iii)

h Provide the following information about the supported organization(s)

(i) Name of (ii) EIN (iii) Type of (iv) Is the (v) Did you notify (vi) Is the (vii) Amount ofsupported organization organization in the organization organization in monetary

organization (described on col (i) listed in in col (i) of your col (i) organized supportlines 1- 9 above your governing support? in the U S ?or IRC section document?

(seeinstructions))

Yes No Yes No Yes No

Total

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990EZ . Cat No 11285F ScheduleA(Form 990 or 990-EZ)2013

Schedule A (Form 990 or 990-EZ) 2013 Page 2

MU^ Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify underPart III. If the organization fails to qualify under the tests listed below, please complete Part III.)

Section A . Public SupportCalendar year ( or fiscal year beginning ( a) 2009 ( b) 2010 (c) 2011 (d) 2012 (e) 2013 (f) Total

in) 111111 Gifts, grants , contributions, and

membership fees received (Do 98,145,944 109,660,589 105,365,685 103,654,422 101,516,384 518,343,024not include any "unusualgrants ")

2 Tax revenues levied for theorganization ' s benefit and eitherpaid to or expended on itsbehalf

3 The value of services or facilitiesfurnished by a governmental unitto the organization withoutcharge

4 Total . Add lines 1 through 3 98,145,944 109,660,589 105,365,685 103,654,422 101,516,384 518,343,024

5 The portion of total contributionsby each person ( other than agovernmental unit or publiclysupported organization ) included 199,059,036

on line 1 that exceeds 2% of theamount shown on line 11, column(f)

6 Public support . Subtract line 5319,283,988

from line 4

Section B. Total SupportCalendar year ( orfiscaI year (a) 2009 (b) 2010 (c) 2011 (d) 2012 (e) 2013 (f) Total

beginning in) ►7 Amounts from line 4 98,145,944 109,660,589 105,365,685 103,654,422 101,516,384 518,343,024

8 Gross income from interest,dividends, payments receivedon securities loans, rents, 5,148,556 4,558,320 4,738,696 5,295,999 4,926,662 24,668,233

royalties and income fromsimilar sources

9 Net income from unrelatedbusiness activities, whether ornot the business is regularlycarried on

10 Other income Do not includegain or loss from the sale of 1,029,991 1,583,063 1,621,410 1,415,496 3,086,461 8,736,421capital assets (Explain in PartIV )

11 Total support (Add lines 7 551,747,678through 10)

12 Gross receipts from related activities, etc (see instructions) 12 557,794,701

13 First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a 501(c)(3) organization, checkthis box and stop here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .QE-

Section C. Com p utation of Public Support Percenta g e14 Public support percentage for 2013 (line 6, column (f) divided by line 11, column (f)) 14 57 870

15 Public support percentage for 2012 Schedule A, Part II, line 14 15 56 500 %

16a 331 / 3%support test-2013. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this boxand stop here . The organization qualifies as a publicly supported organization

b 331 / 3%support test-2012 . If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check thisbox and stop here . The organization qualifies as a publicly supported organization

17a 10%-facts-and -circumstances test - 2013. If the organization did not check a box on line 13, 16a, or 16b, and line 14is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here . Explainin Part IV how the organization meets the "facts-and-circumstances" test The organization qualifies as a publicly supportedorganization

b 10%-facts-and-circumstances test -2012 . If the organization did not check a box on line 13, 16a, 16b, or 17a, and line15 is 10% or more, and if the organization meets the "facts- and-circumstances" test, check this box and stop here.Explain in Part IV how the organization meets the "facts-and-circumstances" test The organization qualifies as a publiclysupported organization

18 Private foundation . If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and seeinstructions

Schedule A (Form 990 or 990-EZ) 2013

Schedule A (Form 990 or 990-EZ) 2013 Page 3

IMMITM Support Schedule for Organizations Described in Section 509(a)(2)(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify underPart II. If the organization fails to qualify under the tests listed below, please complete Part II.)

Section A . Public SupportCalendar year ( or fiscal year beginning (a) 2009 (b) 2010 (c) 2011 (d) 2012 (e) 2013 (f) Total

in) 111111 Gifts, grants, contributions, and

membership fees received (Do notinclude any "unusual grants ")

2 Gross receipts from admissions,merchandise sold or servicesperformed, or facilities furnished inany activity that is related to theorganization's tax-exemptpurpose

3 Gross receipts from activities thatare not an unrelated trade orbusiness under section 513

4 Tax revenues levied for theorganization's benefit and eitherpaid to or expended on itsbehalf

5 The value of services or facilitiesfurnished by a governmental unit tothe organization without charge

6 Total . Add lines 1 through 5

7a Amounts included on lines 1, 2,and 3 received from disqualifiedpersons

b Amounts included on lines 2 and 3received from other thandisqualified persons that exceedthe greater of$5,000 or 1% of theamount on line 13 for the year

c Add lines 7a and 7b

8 Public support (Subtract line 7cfrom line 6 )

Section B. Total SuuuortCalendar year ( or fiscal year beginning (a) 2009 (b) 2010 (c) 2011 (d) 2012 (e) 2013 (f) Total

in) ►9 Amounts from line 6

10a Gross income from interest,dividends, payments received onsecurities loans, rents, royaltiesand income from similarsources

b Unrelated business taxableincome (less section 511 taxes)from businesses acquired afterJune 30, 1975

c Add lines 10a and 10b

11 Net income from unrelatedbusiness activities not includedin line 10b, whether or not thebusiness is regularly carried on

12 Other income Do not includegain or loss from the sale ofcapital assets (Explain in PartIV )

13 Total support . (Add lines 9, 1Oc,11, and 12 )

14 First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a 501(c)(3) organization,check this box and stop here

Section C. Computation of Public Support Percentage

15 Public support percentage for 2013 (line 8, column (f) divided by line 13, column (f)) 15 0 %

16 Public support percentage from 2012 Schedule A, Part III, line 15 16

Section D . Com p utation of Investment Income Percenta g e17 Investment income percentage for 2013 (line 10c, column (f) divided by line 13, column (f)) 17 0 %

18 Investment income percentage from 2012 Schedule A, Part III, line 17 18

19a 331 / 3%support tests-2013. If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is notmore than 33 1/3%, check this box and stop here . The organization qualifies as a publicly supported organization lk'F-

b 331 / 3%support tests-2012 . If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18is not more than 33 1/3%, check this box and stop here . The organization qualifies as a publicly supported organization lk'F-

20 Private foundation . If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions

Schedule A (Form 990 or 990-EZ) 2013

Schedule A (Form 990 or 990-EZ) 2013 Page 4

Supplemental Information . Provide the explanations required by Part II, line 10; Part II, line 17a or17b; and Part III, line 12. Also complete this part for any additional information. (See instructions).

Facts And Circumstances Test

I Return Reference I Explanation I

Schedule A (Form 990 or 990-EZ) 2013

l efile GRAPHIC p rint - DO NOT PROCESS As Filed Data - DLN: 93493309010534

SCHEDULE C Political Campaign and Lobbying Activities OMB No 1545-0047

(Form 990 or 990-EZ )For Organizations Exempt From Income Tax Under section 501(c) and section 527 2013

Department of the Treasury 1- Complete if the organization is described below . 0- Attach to Form 990 or Form 990-EZ.

Internal Revenue Service0- See separate instructions . 0- Information about Schedule C (Form 990 or 990-EZ) and its •

instructions is at www. irs. gov form 990.

If the organization answered "Yes" to Form 990, Part IV , Line 3 , or Form 990-EZ , Part V, line 46 (Political Campaign Activities), then• Section 501(c)(3) organizations Complete Parts I-A and B Do not complete Part I-C• Section 501(c) (other than section 501(c)(3)) organizations Complete Parts I-A and C below Do not complete Part I-B• Section 527 organizations Complete Part I-A only

If the organization answered "Yes" to Form 990, Part IV, Line 4, or Form 990-EZ, Part VI, line 47 ( Lobbying Activities), then• Section 501(c)(3) organizations that have filed Form 5768 (election under section 501(h)) Complete Part II-A Do not complete Part II-B• Section 501(c)(3) organizations that have NOT filed Form 5768 (election under section 501(h)) Complete Part II-B Do not complete Part II-A

If the organization answered "Yes" to Form 990, Part IV, Line 5 (Proxy Tax) or Form 990-EZ , Part V, line 35c ( Proxy Tax), then* Section 501(c)(4), (5), or (6) organizations Complete Part IIIName of the organization Employer identification numberFATHER FLANAGAN'S BOYS' HOME

47-0376606

Complete if the organization is exempt under section 501(c) or is a section 527 organization.

1 Provide a description of the organization's direct and indirect political campaign activities in Part IV

2 Political expenditures 0- $

3 Volunteer hours

Complete if the organization is exempt under section 501(c)(3).

1 Enter the amount of any excise tax incurred by the organization under section 4955 0- $

2 Enter the amount of any excise tax incurred by organization managers under section 4955 0- $

3 If the organization incurred a section 4955 tax, did it file Form 4720 for this year? fl Yes fl No

4a Was a correction made? fl Yes fl No

b If "Yes," describe in Part IV

rMWINT-Complete if the organization is exempt under section 501 ( c), except section 501(c)(3).

1 Enter the amount directly expended by the filing organization for section 527 exempt function activities 0- $

2 Enter the amount of the filing organization's funds contributed to other organizations for section 527exempt function activities 0- $

3 Total exempt function expenditures Add lines 1 and 2 Enter here and on Form 1120-PO L, line 17b 0- $

4 Did the filing organization file Form 1120-POL for this year? fl Yes fl No

5 Enter the names, addresses and employer identification number (EIN) of all section 527 political organizations to which the filingorganization made payments For each organization listed, enter the amount paid from the filing organization's funds Also enter theamount of political contributions received that were promptly and directly delivered to a separate political organization, such as aseparate segregated fund or a political action committee (PAC) If additional space is needed, provide information in Part IV

(a) Name (b) Address (c) EIN (d ) Amount paid fromfiling organization's

funds If none, enter -0-

(e) Amount of politicalcontributions received

and promptly anddirectly delivered to a

separate politicalorganization If none,

enter -0-

i-or raperworK rteauction Act Notice, see the instructions Tor corm 99 U or yyu -tc. Cat No 50084S Schedule C ( Form 990 or 990-EZ) 2013

Schedule C (Form 990 or 990-EZ) 2013 Page 2

Complete if the organization is exempt under section 501 ( c)(3) and filed Form 5768 (electionunder section 501(h)).

A Check - if the filing organization belongs to an affiliated group (and list in Part IV each affiliated group member's name, address, EIN,

expenses, and share of excess lobbying expenditures) IDB Check - (- if the filing organization checked box A and "limited control" provisions apply

Limits on Lobbying Expenditures(The term "expenditures" means amounts paid or incurred.)

(a) Filingorganization's

totals

(b) Affiliatedgrouptotals

293,070

293,070

348,951,333

349,244,403

1,000,000

250,000

la Total lobbying expenditures to influence public opinion (grass roots lobbying)

b Total lobbying expenditures to influence a legislative body (direct lobbying)

c Total lobbying expenditures (add lines la and 1b)

d Other exempt purpose expenditures

e Total exempt purpose expenditures (add lines 1c and 1d)

f Lobbying nontaxable amount Enter the amount from the following table in bothcolumns

If the amount on line le, column (a) or (b ) is: The lobbying nontaxable amount is:

Not over $500,000 20% of the amount on line le

Over $500,000 but not over $1,000,000 $100,000 plus 15% of the excess over $500,000

Over $1,000,000 but not over $1,500,000 $175,000 plus 10% of the excess over $1,000,000

Over $1,500,000 but not over $17,000,000 $225,000 plus 5% of the excess over $1,500,000

Over $17,000,000 $1,000,000

293,070

293,070

232,963,607

233,256,677

1,000,000

g Grassroots nontaxable amount (enter 25% of line 1f) 250,000

h Subtract line 1g from line la If zero or less, enter-0-

i Subtract line 1f from line 1c If zero or less, enter-0-

i If there is an amount other than zero on either line 1h or line 11, did the organization file Form 4720 reportingsection 4911 tax for this year? F- Yes F- No

4-Year Averaging Period Under Section 501(h)(Some organizations that made a section 501(h) election do not have to complete all of the five

columns below. See the instructions for lines 2a through 2f on page 4.)

Lobbvino Exuenditures During 4-Year Averaoino Period

Calendar year ( or fiscaI year ( a) 2010 ( b) 2011 (c) 2012 ( d) 2013 ( e) Totalbeginning in)

2a Lobbying nontaxable amount 1,000 , 000 1,000,000 1,000,000 1,000,000 4,000,000

b Lobbying ceiling amount 6,000,000150% of line 2a column a

c Total lobbying expenditures 340,921 486,196 300,277 293,070 1,420,464

d Grassroots nontaxable amount 250 , 000 250,000 250,000 250, 000 1,000,000

e Grassroots ceiling amount(150% of line 2d , column ( e))

1,500,000

f Grassroots lobbying expenditures

Schedule C (Form 990 or 990-EZ) 2013

Schedule C (Form 990 or 990-EZ) 2013 Pa g e 3Complete if the organization is exempt under section 501(c)(3) and has NOTfiled Form 5768 (election under section 501(h)).

For each "Yes " response to lines la through li below, provide in Part IV a detailed description of the lobbying(a) (b)

activity . Yes No Amount

1 During the year, did the filing organization attempt to influence foreign, national, state or locallegislation, including any attempt to influence public opinion on a legislative matter or referendum,through the use of

a Volunteers?

b Paid staff or management (include compensation in expenses reported on lines 1c through 1i)?

c Media advertisements?

d Mailings to members, legislators, or the public?

e Publications, or published or broadcast statements?

f Grants to other organizations for lobbying purposes?

g Direct contact with legislators, their staffs, government officials, or a legislative body?

h Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means?

i Other activities?

j Total Add lines 1c through 1i

2a Did the activities in line 1 cause the organization to be not described in section 501(c)(3)?

b If "Yes," enter the amount of any tax incurred under section 4912

c If "Yes," enter the amount of any tax incurred by organization managers under section 4912

d If the filing organization incurred a section 4912 tax, did it file Form 4720 for this year?

Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section501(c)(6).

1 Were substantially all (90% or more) dues received nondeductible by members?

2 Did the organization make only in-house lobbying expenditures of $2,000 or less?

3 Did the organization agree to carry over lobbying and political expenditures from the prior year?

No

Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section501(c)(6) and if either (a) BOTH Part III-A, lines 1 and 2, are answered "No" OR (b) Part III-A,line 3, is answered "Yes."

1 Dues, assessments and similar amounts from members 1

2 Section 162(e) nondeductible lobbying and political expenditures ( do not include amounts of politicalexpenses for which the section 527(f) tax was paid).

a Current year 2a

b Carryover from last year 2b

c Total 2c

3 Aggregate amount reported in section 6033(e)(1 )(A) notices of nondeductible section 162(e) dues 3

4 If notices were sent and the amount on line 2c exceeds the amount on line 3, what portion of the excessdoes the organization agree to carryover to the reasonable estimate of nondeductible lobbying andpolitical expenditure next year? 4

5 Taxable amount of lobbying and political expenditures (see instructions) 5

Supplemental Information

Provide the descriptions required for Part I-A, line 1, Part I-B, line 4, Part I-C, line 5, Part II-A (affiliated group list), Part II-A, line 2, andPart II-R Iina 1 A Icn rmmnI to this nart fnr anv a 1ditinnal infnrmatinn

Return Reference Explanation

II-A Father Flanagans Boys Home, 14100 Crawford Street, Boys Town, NE 68010, 47-0376606,233,256,677, -0- Father Flanagans Fund For Needy Children, 14100 Crawford Street, Boys Town,NE 68010, 36-3680258, 984,613, -0- Boys Town California, Inc , 2223 East Wellington Ave , Ste350, Santa Anna, CA 92705, 76-0720675, 5,958,052, -0- Boys Town Central Florida, Inc , 975Oklahoma Street, Oviedo, FL 32765, 20-0654235, 4,789,338, -0- Boys Town Chicago, Inc , 14086MotherTeresa Lane, Boys Town, NE 68010, 20-2137568, -0-, -0- Boys Town Lousiana, Inc , 300North Broad Street Ste 106, New Orleans, LA 70119, 41-2220807, 3,651,290, -0- Boys TownNevada, Inc , 821 N Mojave Rd , Las Vegas, NV 89101, 20-0654472, 4,714,971, -0- Boys Town,New England, Inc , Barzarsky Campus 58 Flanagan Rd , Portsmouth, RI 02871, 20-06555240,5,207,555, -0- Boys Town NewYork, Inc , 281 Park Ave S 5th Floor, NewYork, NY 10010, 20-5960877, 13,687,263, -0- Boys Town North Florida, Inc , 3555 Commonwealth Blvd Tallahassee,FL 32303, 20-0655144, 4,226,203, -0- Boys Town Texas, Inc , 503 Urban Loop, San Antonio, TX78204, 41-2181898, 2,513,603, -0- Boys Town Washington, DC Inc , 4801 Sargent Rd N E ,Washinghton, DC 20017, 41-2220810, 6,958,498 Father Flanagans Boys Town Florida, Inc , 3111S Dixie Highway, Ste 200, West Palm Beach, FL 33405, 26-3965524, 6,343,372, -0- Lied Learningand Technology Center for Childhood Deafness and Vision Disorders, 14086 Mother Teresa Lane,Boys Town, NE 68010, 47-0841263, 851,468, -0- Nebraska Families Collaborative, 2110 PapillionParkway, Omaha, NE 68164, 26-4436716, 56,101,500, -0-

Schedule C (Form 990 or 990-EZ) 2013

Schedule D (Form 990) 2013

Schedule C (Form 990 or 990-EZ) 2013 Page 4

lefile GRAPHIC print - DO NOT PROCESS As Filed Data - DLN: 93493309010534

SCHEDULE D Supplemental Financial StatementsOMB No 1545-0047

(Form 990)Complete if the organization answered "Yes," to Form 990,0- 2013

Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f , 12a, or 12b

Department of the Treasury 0- Attach to Form 990. 0- See separate instructions . 1- Information about Schedule D (Form 990) •II. -

Internal Revenue Service and its instructions is at www.irs.gov/form990. . -

Name of the organization Employer identification numberFATHER FLANAGAN'S BOYS' HOME

47-0376606Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts . Complete if theorg anization answered "Yes" to Form 990 , Part IV , line 6.

(a) Donor advised funds (b) Funds and other accounts

1 Total number at end of year

2 Aggregate contributions to (during year)

3 Aggregate grants from (during year)

4 Aggregate value at end of year

5 Did the organization inform all donors and donor advisors in writing that the assets held in donor advisedfunds are the organization's property, subject to the organization's exclusive legal control? F Yes I No

6 Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can beused only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purposeconferring impermissible private benefit? fl Yes fl No

MRSTI-Conservation Easements . Complete if the organization answered "Yes" to Form 990, Part IV, line 7.

1 Purpose(s) of conservation easements held by the organization (check all that apply)

1 Preservation of land for public use (e g , recreation or education) 1 Preservation of an historically important land area

1 Protection of natural habitat 1 Preservation of a certified historic structure

fl Preservation of open space

2 Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservationeasement on the last day of the tax year

a Total number of conservation easements

b Total acreage restricted by conservation easements

c Number of conservation easements on a certified historic structure included in (a)

d Number of conservation easements included in (c) acquired after 8/17/06, and not on ahistoric structure listed in the National Register

Held at the End of the Year

2a

2b

2c

2d

3 N umber of conservation easements modified, transferred , released, extinguished, or terminated by the organization during

the tax year 0-

4 N umber of states where property subject to conservation easement is located 0-

5 Does the organization have a written policy regarding the periodic monitoring , inspection, handling of violations, andenforcement of the conservation easements it holds? fl Yes fl No

6 Staff and volunteer hours devoted to monitoring , inspecting , and enforcing conservation easements during the year

0-

7 Amount of expenses incurred in monitoring , inspecting , and enforcing conservation easements during the year

0- $

8 Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i)and section 170(h)(4)(B)(ii)? F Yes 1 No

9 In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, andbalance sheet, and include, if applicable, the text of the footnote to the organization's financial statements that describesthe organization's accounting for conservation easements

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.Complete if the oraanization answered "Yes" to Form 990. Part IV. line 8.

la If the organization elected, as permitted under SFAS 116 (ASC 958), not to report in its revenue statement and balance sheetworks of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of publicservice, provide, in Part XIII, the text of the footnote to its financial statements that describes these items

b If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheetworks of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of publicservice, provide the following amounts relating to these items

(i) Revenues included in Form 990, Part VIII, line 1 $

(ii)Assets included in Form 990, Part X $

2 If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide thefollowing amounts required to be reported under SFAS 116 (ASC 958) relating to these items

a Revenues included in Form 990, Part VIII, line 1 $

b Assets included in Form 990, Part X $

For Paperwork Reduction Act Notice, see the Instructions for Form 990. Cat No 52283D Schedule D (Form 990) 2013

Schedule D (Form 990) 2013 Page 2

r:FTnFW Organizations Maintaining Collections of Art, Historical Treasures , or Other Similar Assets (continued)

3 Using the organization's acquisition, accession, and other records, check any of the following that are a significant use of itscollection items (check all that apply)

a F_ Public exhibition d fl Loan or exchange programs

b 1 Scholarly research e (- Other

c F Preservation for future generations

4 Provide a description of the organization's collections and explain how they further the organization's exempt purpose inPart XIII

5 During the year, did the organization solicit or receive donations of art, historical treasures or other similarassets to be sold to raise funds rather than to be maintained as part of the organization's collection? 1 Yes 1 No

Escrow and Custodial Arrangements . Complete if the organization answered "Yes" to Form 990,Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

la Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets notincluded on Form 990, Part X7 1 Yes F No

b If "Yes," explain the arrangement in Part XIII and complete the following table

c Beginning balance 1c

d Additions during the year ld

e Distributions during the year le

f Ending balance if

A mount

2a Did the organization include an amount on Form 990, Part X, line 21? fl Yes fl No

b If "Yes," explain the arrangement in Part XIII Check here if the explanation has been provided in Part XIII . . . . . . . . F

MWAF-Endowment Funds . Com p lete if the org anization answered "Yes" to Form 990 , Part IV, line 10.

la Beginning of year balance .

b Contributions

c Net investment earnings, gains, and losses

d Grants or scholarships . .

e Other expenditures for facilitiesand programs

f Administrative expenses

g End of year balance .

(a)Current year (b)Prior year b (c)Two years back (d)Three years back (e)Four years back

852,818,569 793,408,629 841,640,862 793,800,797 710,729,015

195,302 33,345 737,589 560,312 773,594

133,257,934 103,145,849 -4,962,157 90,201,913 124,227,492

42,659,566 42,714,320 41,633,392 42,000,000 41,086,663

106,584 95,602 799,580 86,751 72,044

984,613 959,332 1,574,693 835,409 770,597

942,521,042 852,818,569 793,408,629 841,640,862 793,800,797

2 Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as

a Board designated or quasi-endowment 0- 98 000 %

b Permanent endowment 0- 2 000 %

c Temporarily restricted endowment 0-

The percentages in lines 2a, 2b, and 2c should equal 100%

3a Are there endowment funds not in the possession of the organization that are held and administered for theorganization by Yes No

(i) unrelated organizations . . . . . . . . . . . . . . . . . . . . . . . . 3a(i) Yes

(ii) related organizations . . . . . . . . . . . . . . . . . . . . . . 3a(ii) Yes

b If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R? . . I 3b I Yes

4 Describe in Part XIII the intended uses of the organization's endowment funds

Land , Buildings , and Equipment . Complete if the organization answered 'Yes' to Form 990, Part IV, line1 1 a See Form 990 Part X line 1(l

Description of property (a) Cost or otherbasis (investment)

(b)Cost or otherbasis (other)

(c) Accumulateddepreciation

(d) Book value

la Land 1,373,301 2,596,776 3,970,077

b Buildings 158,775,780 88,176,991 70,598,789

c Leasehold improvements . .

d Equipment 80,958,265 60,759,941 20,198,324

e Other

Total . Add lines la through 1 e (Column (d) must equal Form 990, Part X, column (B), line 10(c).) . . 0- 94,767,190

Schedule D (Form 990) 2013

Schedule D (Form 990) 2013 Page 3

Investments-Other Securities . Complete if the organization answered 'Yes' to Form 990, Part IV, line 11b.See Form 990 , Part X line 12.

(a) Description of security or category (b)Book value (c) Method of valuation(including name of security) Cost or end-of-year market value

(1 )Financial derivatives

(2)Closely-held equity interests

(3)Other(A) Financial derivatives and other financial Droducts

(B) Closely-held equity interests

Total . (Column (b) must equa l Form 990, Part X, col (B) line 12 ) 11.

tc) vi etnoa or vaiuationor end-of-year market value

n F.n6*.l Other Assets . Complete if the organization answered 'Yes' to Form 990. Part IV. line lld See Form 990. Part X. line 15

(a) Description (b) Book value

(1) Beneficial interest in assets held in trust 78,301,102

(2) Accrued investment income 37,640

(3) Other assets 1,081,787

(4) Interest in Father Flanagans Fund For Need Children 927,694,091

(5) Interest in Subordinate Affiliated and Controlled Organizations 48,392,406

(6) Interest in Lied Learning and Technology Center 4,068,452

Total . (Column (b) must equal Form 990, Part X, co/.(8) line 15.) . 1,059,575,478

Other Liabilities . Complete it the organization answered 'Yes' to Form 990, Part IV, line 11e or 11t. SeeFnrm QQ(1 Dart X lino 7S

Schedule D (Form 990) 2013

Investments-Program Related . Complete if the organization answered 'Yes' to Form 990, Part IV, line 11c.See Form 990 Part X line 13

2. Liability for uncertain tax positions In Part XIII, provide the text of the footnote to the organization ' s financial statements thatreports the organization ' s liability for uncertain tax positions under FIN 48 (ASC 740) Check here if the text of the footnote has beenprovided in Part XIII F

Schedule D (Form 990) 2013 Page 4

Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete ifthe org anization answered 'Yes' to Form 990 , Part IV line 12a.

1 Total revenue, gains, and other support per audited financial statements . 1

2 Amounts included on line 1 but not on Form 990, Part VIII, line 12

a Net unrealized gains on investments . 2a

b Donated services and use of facilities . 2b

c Recoveries of prior year grants 2c

d Other (Describe in Part XIII ) 2d

e Add lines 2a through 2d . . . . . . . . . . . . . . . . . . . . 2e

3 Subtract line 2e from line 1 . . . . . . . . . . . . . . . . . . . . 3

4 Amounts included on Form 990, Part VIII, line 12, but not on line 1

a Investment expenses not included on Form 990, Part VIII, line 7b 4a

b Other (Describe in Part XIII ) . . . . . . . . . . 4b

c Add lines 4a and 4b . . . . . . . . . . . . . . . . . . . . . . 4c

5 Total revenue Add lines 3 and 4c. (This must equal Form 990, Part I, line 12 ) . . . . . 5

« Reconciliation of Expenses per Audited Financial Statements With Expenses per Return . Completeif the org anization answered 'Yes' to Form 990 , Part IV line 12a.

1 Total expenses and losses per audited financial statements . . . . . . . . . . 1

2 Amounts included on line 1 but not on Form 990, Part IX, line 25

a Donated services and use of facilities . 2a

b Prior year adjustments 2b

c Other losses . . . . . . . . . . . . . . . 2c

d Other (Describe in Part XIII ) . . . . . . . . . . . 2d

e Add lines 2a through 2d . . . . . . . . . . . . . . . . . . . . . 2e

3 Subtract line 2e from line 1 . . . . . . . . . . . . . . . . . . . . 3

4 Amounts included on Form 990, Part IX, line 25, but not on line 1:

a Investment expenses not included on Form 990, Part VIII, line 7b 4a

b Other (Describe in Part XIII ) . . . . . . . . . . . 4b

c Add lines 4a and 4b . . . . . . . . . . . . . . . . . . . . . . 4c

5 Total expenses Add lines 3 and 4c. (This must equal Form 990, Part I, line 18 ) . . . . . 5

UT1174M Supplemental Information

Provide the descriptions required for Part II, lines 3, 5, and 9, Part III, lines la and 4, Part IV, lines lb and 2b,Part V, line 4, Part X, line 2, Part XI, lines 2d and 4b, and Part XII, lines 2d and 4b Also complete this part to provide any additionalinformation

Return Reference Explanation

V 4 The intended uses of the organizations endowment funds are to support the activities of FatherFlanagans Boys Home in fulfilling its mission in compliance with donor intent

X 2 Boys Town and its affiliates are exempt from federal income taxes under Section 501c3 of theInternal Revenue Code Boys Town accounts for uncertainties in accounting for income tax assetsand liabilities by recognizing the effect of income tax positions only if those positions are more likelythan not of being sustained At December 31, 20 13, Boys Town had no uncertain tax positionsaccrued

Schedule D (Form 990) 2013

Schedule D (Form 990) 2013

Schedule D (Form 990) 2013 Page 5

l efile GRAPHIC Print - DO NOT PROCESS As Filed Data - DLN: 93493309010534

SCHEDULE ESchools

OMB No 1545-0047

(Form 990 or 990-EZ)

2013if the organization answered " Yes" to Form 990,

Part IV, line 13, or Form 990 - EZ, Part VI, line 48.

n Attach to Form 990 or Form 990-EZ.Departnent of the Treasury

0-O , _

Information about Schedule E (Form 990 or 990 - EZ) and its instructions is at www. irs.gov/ form990.Internal Revenue Ser ice

Name of the organization Employer identification numberFATHER FLANAGAN'S BOYS' HOME

47-0376606

YES I NO

1 Does the organization have a racially nondiscriminatory policy toward students by statement in its charter, bylaws,

other governing instrument, or in a resolution of its governing body? 1 Yes

2 Does the organization include a statement of its racially nondiscriminatory policy toward students in all its

brochures, catalogues, and other written communications with the public dealing with student admissions,

programs, and scholarships? 2 Yes

3 Has the organization publicized its racially nondiscriminatory policy through newspaper or broadcast media during

the period of solicitation for students, or during the registration period if it has no solicitation program, in a way

that makes the policy known to all parts of the general community it serves? If "Yes," please describe If "No,"

please explain If you need more space use Part II 3 Yes

4 Does the organization maintain the following?

a Records indicating the racial composition of the student body, faculty, and administrative staff? 4a Yes

b Records documenting that scholarships and other financial assistance are awarded on a racially nondiscriminatory

basis? 4b Yes

c Copies of all catalogues, brochures, announcements, and other written communications to the public dealing

with student admissions, programs, and scholarships? 4c Yes

d Copies of all material used by the organization or on its behalf to solicit contributions? 4d Yes

If you answered "No" to any of the above, please explain If you need more space, use Part II

5 Does the organization discriminate by race in any way with respect to

a Students' rights or privileges? 5a No

b Admissions policies? 5b No

c Employment of faculty or administrative staff? 5c No

d Scholarships or other financial assistance? 5d No

e Educational policies? 5e No

f Use of facilities? 5f No

g Athletic programs? 5g No

h Other extracurricular activities? 5h No

If you answered "Yes" to any of the above, please explain If you need more space, use Part II

6a Does the organization receive any financial aid or assistance from a governmental agency? 6a Yes

b Has the organization's right to such aid ever been revoked or suspended? 6b No

If you answered "Yes" to either line 6a or line 6b, explain on Part II

7 Does the organization certify that it has complied with the applicable requirements of sections 4 01 through 4 05

of Rev Proc 75-50, 1975-2 C B 587, covering racial nondiscrimination? If "No," explain on Part II 7 Yes

Paperwork Reduction Act Noticee see the Instructions for Form 990 or Form 990 -EZ. Cat No 50085D Schedule E (Form 990 or 990-EZ) 2013

Schedule E (Form 990 or990EZ) 2013 Page 2

Supplemental Information . Provide the explanations required by Part I, lines 3, 4d, 5h, 6b, and 7, as applicable Alsocomplete this part to provide any other additional information (see instructions)

Return Reference Explanation

6a Father Flanagans Boys Home received financial aid or assistance and programfees from the following agencies US Department of Health Human Services,US Department of Justice, US Department of Agriculture, US Department ofEducation, US Department of Housing and Urban Development, NationalScience Foundation, State of Nebraska, and the Village of Boys TownNebraska

Schedule E (Form 990 or 990-EZ) 2013

efile GRAPHIC rint - DO NOT PROCESS As Filed Data - DLN: 93493309010534

SCHEDULEG Supplemental Information Regarding OMB No 1545-0047

(Form 990 or 990-EZ) Fundraising or Gaming Activities" " 2013Complete if the organization answered Yes to Forth 990, Part IV, lines 17, 18, or 19 , or if the

Department of the Treasury organization entered more than $15,000 on Forth 990-EZ, line 6a .Ope n to Public

Internal Revenue Service Ob'Attach to Form 990 or Forth 990-EZ. Ob' See separate instructions.Ins ection

'Information about Schedule G (Forth 990 or990- EZ) and its instructions is at www. irs.aov /form990.p

Name of the organizationFATHER FLANAGAN'S BOYS' HOME

Employer identification number

47-0376606

Fundraising Activities . Complete if the organization answered "Yes" to Form 990, Part IV, line 17.Form 990-EZ filers are not required to complete this part.

Indicate whether the organization raised funds through any of the following activities Check all that apply

a 1 Mail solicitations e 1 Solicitation of non-government grants

b 1 Internet and email solicitations f 1 Solicitation of government grants

c 1 Phone solicitations g 1 Special fundraising events

d 1 In-person solicitations

2a Did the organization have a written or oral agreement with any individual (including officers, directors, trusteesor key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services? 1' Yes 1! No

b If "Yes," list the ten highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser isto be compensated at least $5,000 by the organization

(i) Name and address ofindividual

or entity (fundraiser)

(ii) Activity (iii) Didfundraiser have

custody orcontrol of

contributions?

(iv) Gross receiptsfrom activity

(v) Amount paid to(or retained by)

fundraiser listed incol (i)

(vi) Amount paid to(or retained by)organization

Yes No

1

2

3

4

5

6

7

8

9

10

Total

3 List all states in which the organization is registered or licensed to solicit contributions or has been notified it is exempt fromregistration or licensing

For Paperwork Reduction Act Noticee see the Instructions for Form 990or 990-EZ . Cat No 50083H Schedule G ( Form 990 or 990 - EZ) 2013

Schedule G (Form 990 or 990-EZ) 2013 Page 2

Fundraising Events . Complete if the organization answered "Yes" to Form 990, Part IV, line 18, or reportedmore than $15,000 of fundraising event contributions and gross income on Form 990-EZ, lines 1 and 6b. Listevents with gross receipts greater than $5,000.

(a) Event #1 (b) Event #2 (c) Other events (d) Total events(add col (a) through

Athletic Recognition Memorial Day Run 1 col (c))

(event type) (event type) (total number)

1 Gross receipts 144,540 86,828 79,656 311,024

2 Less Contributions 72,040 68,890 74,406 215,336

3 Gross income (line 1minus line 2) 72,500 17,938 5,250 95,688

4 Cash prizes

5 Noncash prizesu7

6 Rent/facility costs 4,474 3,438 5,991 13,903

7 Food and beverages 64,831 598 10,165 75,594

8 Entertainment 22,895 2,000 24,895

9 Other direct expenses 32,190 39,302 6,962 78,454

10 Direct expense summary Add lines 4 through 9 in column (d) . . . . . . . . . . . ► (192,846)

11 Net income summary Subtract line 10 from line 3, column (d) . . . . . . . . . . -97,158

Gaming . Complete if the organization answered "Yes" to Form 990, Part IV, line 19, or reported more than$15,000 on Form 990-EZ, line 6a.

(a) Bingo (b) Pull tabs/Instant (c) Other gaming (d) Total gaming (addbingo/progressive bingo col (a) through col

co (c) )

1 Gross revenue .

2 Cash prizesu)C

3 Non-cash prizes

LIJ

4 Rent/facility costs .

5 Other direct expenses

F Yes % fl Yes % F Yes6 Volunteer labor n No F No F No

7 Direct expense summary Add lines 2 through 5 in column (d) ►

8 Net gaming income summary Subtract line 7 from line 1, column (d) ►

9 Enter the state (s) in which the organization operates gaming activities

a Is the organization licensed to operate gaming activities in each of these states? . . . . . . . . . . . . . Yes r No

b If "No," explain

------------- ------------------------- ------------------------- ------------------------- ------------------------ ------------------------- ------------------------- ------------------------- --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

10a Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year? . . . . . F Yes F No

b If "Yes," explain

--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Schedule G (Form 990 or 990-EZ) 2013

Schedule G (Form 990 or 990-EZ) 2013 Page 3

Does the organization operate gaming activities with nonmembers? . . . . . . . . . . . . . . . . . . Yes r- No

12 Is the organization a grantor , beneficiary or trustee of a trust or a member of a partnership or other entity

formed to administer charitable gaming? . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes r- No

13 Indicate the percentage of gaming activity operated in

a The organization ' s facility 13a %

b An outside facility 13b %

14 Enter the name and address of the person who prepares the organization ' s gaming /special events books and records

Name ►

Address ►

15a Does the organization have a contract with a third party from whom the organization receives gaming

revenue? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . r- Yes r- No

b If "Yes," enter the amount of gaming revenue received by the organization ► $ and the

amount of gaming revenue retained by the third party $

c If "Yes," enter name and address of the third party

Name '

Address '

16 Gaming manager information

Name '

Gaming manager compensation ► $

Description of services provided

11

r- Director/officer Employee Independent contractor

17 Mandatory distributions

a Is the organization required understate law to make charitable distributions from the gaming proceeds to

retain the state gaming license? . . . . . . . . . . . . . . . . . . . . . . . . . . . . r-Yes r-No

b Enter the amount of distributions required under state law distributed to other exempt organizations or spent

in the organization's own exempt activities during the tax year $

Supplemental Information . Provide the explanations required by Part I, line 2b, columns (iii) and (v), andPart III, lines 9, 9b, 10b, 15b, 15c, 16, and 17b, as applicable. Also complete this part to provide anyadditional information (see instructions).

Return Reference Explanation

Schedule G (Form 990 or 990-EZ) 2013

l efile GRAPHIC print - DO NOT PROCESS As Filed Data - DLN: 93493309010534

SCHEDULE H HospitalsOMB No 1545-0047

(Form 990)

20131- Complete if the organization answered "Yes" to Form 990, Part IV, question 20.1- Attach to Form 990. 1- See separate instructions.

Department of the Treasury 0- Information about Schedule H (Form 990) and its instructions is at www.irs.gov/form990. OpenInternal Revenue Service

. Inspection

Name of the organization Employer identification numberFATHER FLANAGAN'S BOYS' HOME

47-0376606

Financial Assistance and Certain Other Community Benefits at CostYes No

la Did the organization have a financial assistance policy during the tax year? If "No," skip to question 6a la Yes

b If "Yes," was it a written policy? . . . . . . . . . . . . . . . . . . . . . . lb Yes

2 If the organization had multiple hospital facilities, indicate which of the following best describes application of thefinancial assistance policy to its various hospital facilities during the tax year

F Applied uniformly to all hospital facilities F Applied uniformly to most hospital facilities

r Generally tailored to individual hospital facilities

3 Answer the following based on the financial assistance eligibility criteria that applied to the largest number of theorganization's patients during the tax year

a Did the organization use Federal Poverty Guidelines (FPG) as a factor in determining eligibility for providing free care?

If "Yes," indicate which of the following was the FPG family income limit for eligibility for free care 3a Yes

F 100% F 150% F 200% F Other %

b Did the organization use FPG as a factor in determining eligibility for providing discounted care? If "Yes," indicate

which of the following was the family income limit for eligibility for discounted care 3b Yes

F 2000/o F 250% F 300% F 350% F 400% F Other %

c If the organization used factors other than FPG in determining eligibility, describe in Part VI the income basedcriteria for determining eligibility for free or discounted care Include in the description whether the organizationused an asset test or other threshold, regardless of income, as a factor in determining eligibility for free ordiscounted care

4 Did the organization's financial assistance policy that applied to the largest number of its patients during the tax yearprovide for free or discounted care to the "medically indigent"? 4 No

5a Did the organization budget amounts for free or discounted care provided under its financial assistance policy duringthe tax year? . . . . . . . . . . . . . . . . . . . . . . . . . . 5a Yes

b If "Yes," did the organization's financial assistance expenses exceed the budgeted amount? 5b No

c If "Yes" to line 5b, as a result of budget considerations, was the organization unable to provide free or discountedcare to a patient who was eligibile for free or discounted care? 5c

6a Did the organization prepare a community benefit report during the tax year? 6a Yes

b If "Yes," did the organization make it available to the public? 6b Yes

Complete the following table using the worksheets provided in the Schedule H instructions Do not submit theseworksheets with the Schedule H

7 Financial Assistance and Certain Other Community Benefits at Cost

Financial Assistance and (a) Number of b Persons( )

c Total community( )

d Direct offsetting( ) g

a Net community benefit()

f Percent of( )

Means-Testedactivities or served benefit expense revenue expense total expense

Government Programsprograms(optional)

(optional)

a Financial Assistance at cost(from Worksheet 1) . 117,086 117,086 0 050 %

b Medicaid (from Worksheet 3,column a) . . . 26,441,465 15,685,869 10,755,596 4 610 %

c Costs of other means-testedgovernment programs (fromWorksheet 3, column b) 5,876,454 4,589,623 1,286,831 0 550 %

d Total Financial Assistanceand Means-TestedGovernment Programs 32,435,005 20,275,492 12,159,513 5 210 %

Other Benefitse Community health

improvement services andcommunity benefit operations(from Worksheet 4) . 5,480 5,480

f Health professions education(from Worksheet 5) . 8,891 8,891

g Subsidized health services(from Worksheet 6) . 7,076,142 4,714,930 2,361,212 1 010 %

h Research (from Worksheet 7) 3,363,841 1,084,289 2,279,552 0 980 %

i Cash and in-kindcontributions for communitybenefit (from Worksheet 8) 70,287 70,287 0 030 %

j Total . Other Benefits . 10,524,641 5,799,219 4,725,422 2 020 %

k Total . Add lines 7d and 7j 42,959,646 26,074,711 16,884,935 7 230 %

For Paperwork Reduction Act Notice, see the Instructions for Form 990 . Cat N o 50192T Schedule H (Form 990) 2013

Schedule H (Form 990) 2013 Page 2

Community Building Activities Complete this table if the organization conducted any community buildingactivities during the tax year, and describe in Part VI how its community building activities promoted the healthof the communities it serves-

(a) Number ofactivities orprograms(optional)

(b) Personsserved (optional)

(c) Total communitybuilding expense

(d) Direct offsettingrevenue

(e) Net communitybuilding expense

(f) Percent oftotal expense

1 Ph y sical im p rovements and housin g

2 Economic development

3 Community su pp ort 34,300 34,300 0 010 %

4 Environmental improvements

5 Leadership development and trainingfor community members 3,847 3,847

6 Coalition building 46,327 46,327 0 020 %

7 Community health improvementadvocacy 39,211 39,211 0 020 %

8 Workforce development

9 Other

10 Total 123,685 123,685 0 050 %

Ill: Bad Debt , Medicare , & Collection PracticesSection A. Bad Debt Expense Yes No

1 Did the organization report bad debt expense in accordance with Heathcare Financial Management AssociationStatement No 15? . . . . . . . . . . . . . . . . . . . . 1 No

2 Enter the amount of the organization's bad debt expense Explain in Part VI themethodology used by the organization to estimate this amount 2 1,432,284

3 Enter the estimated amount of the organization's bad debt expense attributable topatients eligible under the organization's financial assistance policy Explain in Part VIthe methodology used by the organization to estimate this amount and the rationale, ifany, for including this portion of bad debt as community benefit 3 429,685

4 Provide in Part VI the text of the footnote to the organization's financial statements that describes bad debt expenseor the page number on which this footnote is contained in the attached financial statements

Section B. Medicare

5 Entertotal revenue received from Medicare (including DSH and IME) . 5 2,031,189

6 Enter Medicare allowable costs of care relating to payments on line 5 . 6 2,389,294

7 Subtract line 6 from line 5 This is the surplus (or shortfall) . 7 -358,105

8 Describe in Part VI the extent to which any shortfall reported in line 7 should be treated as community benefitAlso describe in Part VI the costing methodology or source used to determine the amount reported on line 6Check the box that describes the method used

r- Cost accounting system F Cost to charge ratio F Other

Section C. Collection Practices

9a Did the organization have a written debt collection policy during the tax year? .

b If "Yes," did the organization 's collection policy that applied to the largest number of its patients during the tax yearcontain provisions on the collection practices to be followed for patients who are known to qualify for financialassistance? Describe in Part VI 9b Yes. . . . . . . . . . . . . . . . . . . . . . .

Management Comnanies and Joint VenturesrnvunPri ,n° nr mnra hvnfrarc rLrartnrc triictaac kavamnlnvaac and nhvananc-s inctrnrtinncl

(a) Name of entity (b) Description of primaryactivity of entity

(c) Organization'sprofit % or stockownership %

(d) Officers, directors,trustees, or key

employees' profit %or stock ownership

(e) Physicians'profit % or stockownership

1

2

3

4

5

6

7

8

9

10

11

12

13

Schedule H (Form 990) 2013

Schedule H (Form 990) 2013 Page 2

Facility Information

Section A . Hospital Facilities -^ s CD -m

0

(list in order of size from largest tosmallest-see instructions) o CL 0 aHow many hospital facilities did the 5 -0 (organization operate during the tax year? a

2 U

Name, address, primary website address,and state license number a Other (Describe) Facility reporting group

See Additional Data Table

Schedule H (Form 990) 2013

Schedule H (Form 990) 2013 Page 2

Facility Information (continued)Section B. Facility Policies and Practices(Complete a separate Section B for each of the hospital facilities or facility reporting groups listed in Part V, Section A)

A

Name of hospital facility or facility reporting group

If reporting on Part V, Section B for a single hospital facility only: line number ofhospital facility (from Schedule H, Part V, Section A)

i Health Needs Assessment (Lines 1 through 8c are optional for tax years begining on or before March 23, 2012

1 During the tax year or either of the two immediately preceding tax years, did the hospital facility conduct a communityhealth needs assessment (CHNA)? If "No," skip to line 9 . . . . . . . . . . . . . . . . . . .

If "Yes," indicate what the CHNA report describes (check all that apply)

a I A definition of the community served by the hospital facility

b I Demographics of the community

c 7 Existing health care facilities and resources within the community that are available to respond to the health needs ofthe community

d I How data was obtained

e I The health needs of the community

f 7 Primary and chronic disease needs and other health issues of uninsured persons, low-income persons, and minoritygroups

F The process for identifying and prioritizing community health needs and services to meet the community health needs

F The process for consulting with persons representing the community's interests

1 Information gaps that limit the hospital facility's ability to assess the community's health needs

1 Other ( describe in Part VI)

1 IYes

2 Indicate the tax year the hospital facility last conducted a CHNA 20 13

3 In conducting its most recent CHNA, did the hospital facility take into account input from persons who represent the broadinterests of the community served by the hospital facility, including those with special knowledge of or expertise in publichealth? If "Yes," describe in Part VI how the hospital facility took into account input from persons who represent thecommunity, and identify the persons the hospital facilityconsulted . . . . . . . . . . . . . . . . . . . . 3 Yes

4 Was the hospital facility's CHNA conducted with one or more other hospital facilities? If "Yes," list the other hospitalfacilities in Part VI . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Yes

5 Did the hospital facility make its CHNA report widely available to the public? . . . . . . . . . . . . . 5 Yes

If "Yes," indicate how the CHNA report was made widely available (check all that apply)

wwwboystownhospital org/AboutUs/Pages/Community-Health-Needs-

a F Hospital facility's website (list url) Assessment aspx

b F Other website (list url)

c F Available upon request from the hospital facility

d F Other (describe in Part VI)

6 If the hospital facility addressed needs identified in its most recently conducted CHNA, indicate how (check all that applyas of the end of the tax year)

a 7 Adoption of an implementation strategy that addresses each of the community health needs identified through theCHNA

b I Execution of the implementation strategy

c I Participation in the development of a community-wide plan

d I Participation in the execution of a community-wide plan

e I Inclusion of a community benefit section in operational plans

f F Adoption of a budget for provision of services that address the needs identified in the CHNA

g I Prioritization of health needs in its community

h I Prioritization of services that the hospital facility will undertake to meet health needs in its community

i 1 Other (describe in Part VI)

7 Did the hospital facility address all of the needs identified in its most recently conducted CHNA? If "No," explain in Part VIwhich needs it has not addressed and the reasons why it has not addressed such needs . . . . . . . . 7 Yes

8a Did the organization incur an excise tax under section 4959 for the hospital facility's failure to conduct a CHNA asrequired by section 501 (r)(3)? . . . . . . . . . . . . . . . . . . . . . . . . . . . 8a

b If "Yes" to line 8a, did the organization file Form 4720 to report the section 4959 excise tax? . . . . . . 8b

c If "Yes" to line 8b, what is the total amount of section 4959 excise tax the organization reported on Form 4720 for all of its

hospital facilities? $

No

No

Schedule H (Form 990) 2013

Schedule H (Form 990) 2013 Page 2

Facility Information (continued)

Financial Assistance Policy Yes No

9 Did the hospital facility have in place during the tax year a written financial assistance policy that

Explained eligibility criteria for financial assistance, and whether such assistance includes free or discounted care? 9 Yes

10 Used federal poverty guidelines (FPG) to determine eligibility for providing free care? . . . . . . . . . . . 10 Yes

If "Yes," indicate the FPG family income limit for eligibility for free care 0000000001 000000000000 0/0

If "No," explain in Part VI the criteria the hospital facility used

11 Used FPG to determine eligibility for providing discounted care? . . . . . . . . . . . . . . . . . 11 Yes

If "Yes," indicate the FPG family income limit for eligibility for discounted care 0000000002 000000000000 %

If "No," explain in Part VI the criteria the hospital facility used

12 Explained the basis for calculating amounts charged to patients? . . . . . . . . . . . . . . . . . 12 Yes

If "Yes," indicate the factors used in determining such amounts (check all that apply)

a F' Income level

b F' Asset level

c F' Medical indigency

d F' Insurance status

e F' Uninsured discount

f F' Medicaid/Medicare

g F' State regulation

h F' Residency

i 7 Other (describe in Part VI)

13 Explained the method for applying for financial assistance? . . . . . . . . . . . . . . . . . . . 13 Yes

14 Included measures to publicize the policy within the community served by the hospital facility? . . . . . . . 14 Yes

If "Yes," indicate how the hospital facility publicized the policy (check all that apply)

a 1 The policy was posted on the hospital facility's website

b I The policy was attached to billing invoices

c I The policy was posted in the hospital facility's emergency rooms or waiting rooms

d I The policy was posted in the hospital facility's admissions offices

e I The policy was provided, in writing, to patients on admission to the hospital facility

f F The policy was available upon request

g I Other (describe in Part VI)

Billing and Collections

15 Did the hospital facility have in place during the tax year a separate billing and collections policy, or a written financialassistance policy (FAP) that explained actions the hospital facility may take upon non-payment? . . . . . . . 15 Yes

16 Check all of the following actions against an individual that were permitted under the hospital facility's policies duringthe tax year before making reasonable efforts to determine the individual's eligibility under the facility's FAP

a F' Reporting to credit agency

b F' Lawsuits

c F' Liens on residences

d F' Body attachments

e F' Other similar actions (describe in Section C)

17 Did the hospital facility or an authorized third party perform any of the following actions during the tax year beforemaking reasonable efforts to determine the individual's eligibility under the facility's FAP? . . . . . . . 17 No

If "Yes," check all actions in which the hospital facility or a third party engaged

a F' Reporting to credit agency

b F' Lawsuits

c F' Liens on residences

d F' Body attachments

e F' Other similar actions (describe in Section C)

Schedule H (Form 990) 2013

Schedule H (Form 990) 2013 Page 2

Facility Information (continued)

18 Indicate which efforts the hospital facility made before initiating any of the actions listed in line 17 (check all that apply)

a F Notified individuals of the financial assistance policy on admission

b F Notified individuals of the financial assistance policy prior to discharge

c 7 Notified individuals of the financial assistance policy in communications with the individuals regarding the individuals' bills

d 7 Documented its determination of whether individuals were eligible for financial assistance under the hospital facility'sfinancial assistance policy

e 1 Other (describe in Section C)

Policy Relating to Emergency Medical Care

19 Did the hospital facility have in place during the tax year a written policy relating to emergency medical care that requiresthe hospital facility to provide, without discrimination, care for emergency medical conditions to individuals regardless oftheir eligibility under the hospital facility's financial assistance policy? . . . . . . . . . .

If "No," indicate why

1 The hospital facility did not provide care for any emergency medical conditions

1 The hospital facility's policy was not in writing

1 The hospital facility limited who was eligible to receive care for emergency medical conditions (describe in Part VI)

1 Other ( describe in Part VI)

No

Charges to Individuals Eligible for Assistance under the FAP (FAP -Eligible Individuals)

20 Indicate how the hospital facility determined, during the tax year, the maximum amounts that can be charged to FA P-eligible individuals for emergency or other medically necessary care

a F- The hospital facility used its lowest negotiated commercial insurance rate when calculating the maximum amounts thatcan be charged

b F The hospital facility used the average of its three lowest negotiated commercial insurance rates when calculating themaximum amounts that can be charged

c 1 The hospital facility used the Medicare rates when calculating the maximum amounts that can be charged

d 1 Other (describe in Part VI)

21 During the tax year, did the hospital facility charge any FAP-eligible individual to whom the hospital facility providedemergency or other medically necessary services more than the amounts generally billed to individuals who had insurancecovering such care? . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 No

If "Yes," explain in Part VI

22 During the tax year, did the hospital facility charge any FAP-eligible individual an amount equal to the gross charge for anyservice provided to that individual? . . . . . . . . . . . . . . . . . . . . . . . . . 22 No

If "Yes," explain in Part VI

Schedule H (Form 990) 2013

Schedule H (Form 990) 2013 Page 2

Facility Information (continued)

Section C. Supplemental Information for Part V, Section B.Provide descriptions required for Part V, Section B, lines1], 3, 4, 5d, 61, 7, 10, 11, 121, 14g, 16e, 17e, 18e, 19c, 19d, 20d, 21, and 22. If applicable, provide separate descriptionsfor each facility in a facility reporting group, designated by "Facility A," "Facility B," etc.

Form and Line Reference Explanation

Group Boys Town National ResearchHospital West Line Part V, Section B,Line 3

Five focus groups were held and attended by 46 key informantsincluding physicians, other health professionals, social serviceproviders, business leaders, and other community leaders withinput and expertise regarding the communitys youth Twoparticipants had special knowledge of and expertise in publichealth Dr Kari Simonsen, Associate Professor of Pediatrics,Division of Infectious Diseases at the University of NebraskaMedical Center UNMC and UNMC Advisorto the Douglas CountyPublic Health Department and Ms Kris Wood, ProgramCoordinator for the Pottawattamie County WIC p ro g ram

Group Boys Town National ResearchHospital West Line Part V, Section B,Line 4

he Hospital facilitys CHNA was conducted with ChildrensHospital and Medical Center

Group Boys Town National ResearchHospital West Line Part V, Section B,Line 121

he Hospital requires documentation of denial for Medicaidassistance if applicable

Group Boys Town National ResearchHospital - East Line Part V, SectionB, Line 3

Five focus groups were held and attended by 46 key informantsincluding physicians, other health professionals, social serviceproviders, business leaders, and other community leaders withinput and expertise regarding the communitys youth Twoparticipants had special knowledge of and expertise in publichealth Dr Kari Simonsen, Associate Professor of Pediatrics,Division of Infectious Diseases at the University of NebraskaMedical Center UNMC and UNMC Advisorto the Douglas CountyPublic Health Department and Ms Kris Wood, ProgramCoordinator for the Pottawattamie County WIC program

Group Boys Town National ResearchHospital - East Line Part V, SectionB , Line 4

he Hospital facilitys CHNA was conducted with ChildrensHospital and Medical Center

Group Boys Town National ResearchHospital - East Line Part V, SectionB, Line 121

he Hospital requires documentation of denial for Medicaidassistance if applicable

Schedule H (Form 990) 2013

Schedule H (Form 990) 2013 Page 2

Facility Information (continued)

Section D . Other Health Care Facilities That Are Not Licensed , Registered, or Similarly Recognized as aHospital Facility(list in order of size, from largest to smallest)

How many non-hospital health care facilities did the organization operate during the tax year? 13

Name and address Typ e of Facility ( describe )1 See Additional Data Table

2

3

4

5

6

7

8

9

10

Schedule H (Form 990) 2013

Schedule H (Form 990) 2013 Page 2

Supplemental Information

Provide the following information

1 Required descriptions. Provide the descriptions required for Part I, lines 3c, 6a, and 7, Part II and Part III, lines 2, 3, 4, 8 and 9b

2 Needs assessment . Describe how the organization assesses the health care needs of the communities it serves, in addition to anyCHNAs reported in Part V, Section B

3 Patient education of eligibility for assistance . Describe how the organization informs and educates patients and persons who maybe billed for patient care about their eligibility for assistance under federal, state, or local government programs or under theorganization's financial assistance policy

4 Community information . Describe the community the organization serves, taking into account the geographic area and demographicconstituents it serves

5 Promotion of community health . Provide any other information important to describing how the organization's hospital facilities orother health care facilities further its exempt purpose by promoting the health of the community (e g , open medical staff, communityboard, use of surplus funds, etc )

6 Affiliated health care system . If the organization is part of an affiliated health care system, describe the respective roles of theorganization and its affiliates in promoting the health of the communities served

7 State filing of community benefit report . If applicable, identify all states with which the organization, or a related organization, filesa community benefit report

Form and Line Reference Explanation

Part I Line 3c Boys Town National Research Hospital uses Federal Poverty Income Guidelines in determining freeor discounted care The patients income is the primary factor used in determining free or discountedcare However, the patients assets and/or liabilities are also reviewed on an individual basis andtaken into consideration under s p ecial circumstances

Part I Line 6a N/A

Form and Line Reference Explanation

Part I Line 7 Cost to Charge Ratio was used to calculate the amounts in this section The methodology used tocalculate the cost to charge ratio is the same step down method used in the Medicare Cost reportfurther refined to define costs for the Subsidized health services and Research portions of thissection

Part II he Hospital works closely with numerous organizations in the community to promote healthylifestyles, including the Salvation Army, Latino and African American community groups TheHospital conducts an annual health fair as well as participates in corporate and school health fairs,parenting classes, hearing screenings, infant car seat checks and seminars and workshops for hard ofhearing and visually impared children and their families

Form and Line Reference Explanation

Part III Line 2 Used Cost to charge ratio Only patient liability after all discounts or contractual adjustments arewritten off to bad debt expense Any payments or recoveries after the write off are offset against baddebt ex ense

Part III Line 3 Used Cost to charge ratio To determine amount of bad debt that would have actually qualified ascharity care but didnt due to lack of insufficient information this organization used informationobtained from their outside collections agency to estimate the amount

Form and Line Reference Explanation

Part III Line 4 he footnote for this organizations bad debt expense is on pages 19 and 20 of the 2013 auditedfinancial statements

Part III Line 8 Used Cost to charge ratio This organizations Medicare shortfall should not be considered aCommunity Benefit

Form and Line Reference Explanation

Part III Line 9b If it is kown that a patient qualifies forfinancial assistance the Hospital would write off from 50 - 100of their patient balance depending on their income and family size For patients who only have apartial write-off, the Hospital would follow the same collections policies that are used for all othertypes of patients on their remaining balance This policy is communicated to all outside collectionagencies utilized by Boys Town National Research Hospital for adherence to the policy content andfinancial assistance g uidelines

Part VI Line 2 In part, Boys Town National Research Hospital assesses the health care needs of the communitythrough request from corporate wellness programs, community organizations and communityresidents The Hospital participates in events such as health fairs, minority health fairs, hearingscreenings, developmental resource fairs and support groups The Hospital also offers communityand corporate lunch n learns, parenting classes, infant car seat checks and seminars and workshopsfor educators, professional and parents working with children who are deaf and hard of hearing

Form and Line Reference Explanation

Part VI Line 3 Patients are notified through signage, brochures and notes on health care statements as to how toobtain information about financial assistance If applicable, prior to being considered for financialassistance, the patient/family must cooperate with the provider to furnish information anddocumentation to apply for other existing financial resources that may be available to pay for thep atients health care

Part VI Line 4 Boys Town National Research Hospital serves a nine county Greater Omaha Metropolitan area, with apopulation of 925,858 and an additional 1 3 million who live within a 60 mile radius of Omaha 2013Greater Omaha Economic Development Partnership The two highest populated counties in theGreater Omaha area are Douglas County, population 529,915, and Sarpy County, population166,881 2013 Census The geographic design of both counties is mainly Suburban areas with fewdesignated Urban areas In Douglas County, the median household income is 53,295 2013 Censushe percentage of residents below the poverty line is 14 2013 Census Bureau, 2008-2012merican Community Survey The percentage of residents without Healthcare Insurance is 12 7 U S

Census Bureau, 2008-2012 American Community Survey The number of hospitals serving theDouglas County community is 14 North and South Omaha are federally-designated medicallyunderserved areas Currently, there are two federally qualified health care centers in thesescommunities HRSA gov In Sarpy County, the median household income is 59,269 2013 Censushe percentage of residents below the poverty line is 6 6 2013 Census The percentage of residents

without Healthcare Insurance is 8 7 U S Census Bureau, 2008-2012 American Community Surveyhe number of hospitals serving the Sarpy County community is 2 Currently, there are no records of

federally qualified health care centers in the Sarpy County community HRSA gov

Form and Line Reference Explanation

Part VI Line 5 Boys Town Hospital conducts an annual health fair, two annual newborn fairs, provides monthlyparenting classes, as well as organizes adult health educations classes, hearing screenings, infantcar seat checks and seminars and workshops for hard of hearing, an annual summer camp for visuallyimpaired children and their families and a weekend family retreat for children who are deaf or hard ofhearing The Hospital provides free or subsidized services locally and nationally to children who arehard of hearing and their families through the following community programs Family Support Services- Counseling and wellness services, communication methods, educational options advisement, signlanguage instruction, social, emotional and educational development seminars, technology andparent-child social opportunities Educational Programs - Home based early intervention, day careconsultation services, preschool education, speech and language therapy, school counselingservices, classroom listening technology training and consultation Outreach - auditory consultingschool district advisement, parent and professional seminars, parent and professional web basededucation The Hospital is governed by the board of directors of Father Flanagans Boys HomeMedical staff privileges are extended to all qualified physicians in the community

IPartVI Line 6 N/A, Line 7 - N/A

Additional Data

Software ID : 13000230

Software Version : 13.6.0.0

EIN: 47 -0376606

Name : FATHER FLANAGAN'S BOYS' HOME

Form 990 Schedule H, Part V Section D. Other Facilities That Are Not Licensed, Registered, or SimilarlyRecognized as a Hospital Facility

Section D . Other Health Care Facilities That Are Not Licensed , Registered, or Similarly Recognized as aHospital Facility(list in order of size, from largest to smallest)

How many non-hospital health care facilities did the organization operate during the tax year?

Name and address Type of Facility (describe)1 Pacific Street Medical Office Building - West Outpatient Physician Clinic Hearing Diagnostic Clinic

14080 Boys Town Hospital RoadBoys Town, NE 68010

2 Intensive Residential Treatment Center- East Outpatient Physician Clinic Hearing Diagnostic Clinic555 N 30th StreetOmaha,NE 68131

3 Pacific Street Medical Office Building - East Outpatient Physician Clinic Hearing Diagnostic Clinic14040 Boys Town Hospital RoadBoys Town, NE 68010

4 Boys Town National Research Hospital Clinics Outpatient Physician Clinic Hearing Diagnostic Clinic555 N 30th StreetOmaha,NE 68131

5 Lakeside Pediatrics Outpatient Physician Clinic Hearing Diagnostic Clinic16929 Frances Street Suite 102Omaha,NE 68130

6 Specialized Treatment Group Home Outpatient Physician Clinic Hearing Diagnostic Clinic178 Sudyka DriveBoys Town, NE 68010

7 88th Street Pediatrics Outpatient Physician Clinic Hearing Diagnostic Clinic2801 South 88th StreetOmaha,NE 68124

8 Boys Town Clinic at 72nd and Center Outpatient Physician Clinic Hearing Diagnostic Clinic7205 West Center Road Suite 103Omaha,NE 68124

9 Lied Learning &Technology Center Outpatient Physician Clinic Hearing Diagnostic Clinic425 N 30th StreetOmaha,NE 68131

10 Intensive Residential Treatment Center- West Outpatient Physician Clinic Hearing Diagnostic Clinic14092 Boys Town Hospital RoadBoys Town, NE 68010

11 Boys Town Psychiatry Clinic Outpatient Physician Clinic Hearing Diagnostic Clinic14100 Crawford StreetBoys Town, NE 68010

12 Council Bluffs ENT Outpatient Physician Clinic Hearing Diagnostic Clinic320 McKenzie Avenue Suite 202Council Bluffs,IA 51503

13 Boys Town Audiology Outpatient Physician Clinic Hearing Diagnostic Clinic1550 East 23rd StreetFremont,NE 68025

l efile GRAPHIC p rint - DO NOT PROCESS As Filed Data - DLN: 93493309010534

Schedule I OMB No 1545-0047

(Form 990 ) Grants and Other Assistance to Organizations,Governments and Individuals in the United States 2013

Complete if the organization answered "Yes," to Form 990, Part IV, line 21 or 22.

Department of the Treasury ► Attach to Form 990 •

Internal Revenue Service ► Information about Schedule I (Form 990) and its instructions is at www.irs.gov/form990 .

Name of the organization Employer identification number

FATHER FLANAGAN'S BOYS' HOME47-0376606

General Information on Grants and Assistance

1 Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, andthe selection criteria used to award the grants or assistance? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F Yes 1 No

2 Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States

Grants and Other Assistance to Governments and Organizations in the United States . Complete if the organization answered "Yes" toForm 990, Part IV, line 21, for any recipient that received more than $5,000. Part II can be duplicated if additional space is needed.

(a) Name and address of (b) EIN (c) IRC Code section (d) Amount of cash (e) Amount of non- (f) Method of (g) Description of (h) Purpose of grantorganization if applicable grant cash valuation non-cash assistance or assistance

or government assistance (book, FMV, appraisal,other)

(1) Boys Town California Inc 76-0720675 501C3 2,606,271 Program Support2223 East WellingtonAvenue Ste 350Santa Ana,CA 92701

(2) Boys Town Central 20-0654235 501C3 1,940,492 Program SupportFlorida Inc975 Oklahoma StreetOviedo,FL 32765

(3) Boys Town Louisiana Inc 41-2220807 501C3 1,440,289 Program Support300 North Broad Street Ste106NewOrleans,LA 70119

(4) Boys Town Nevada Inc 20-0654472 501C3 1,917,541 Program Support821 N Mojave RoadLas Vegas, NV 89101

(5) Boys Town New England 20-0655240 501C3 1,456,246 Program SupportIncBazarsky Campus 58Flanagan RoadPortsmouth, RI 02871

(6) Boys Town New York Inc 20-5960877 501C3 1,397,603 Program Support281 Park Avenue South 5thFloorNewYork,NY 10010

(7) Boys Town North Florida 20-0655144 501C3 1,606,790 Program SupportInc3555 Commonweallth BlvdTallahassee, FL 32303

(8) Boys Town Texas Inc 41-2181898 501C3 954,218 Program Support503 Urban LoopSan Antonio,TX 78204

(9) Boys Town Washington 41-2220810 501C3 4,678,133 Program SupportDC Inc4801 Sargent Road NEWashington, DC 20017

(10) Father Flanagans Boys 26-3965524 501C3 3,021,930 Program SupportTown Florida Inc3111 South Dixie HighwaySte 200West Palm Beach, FL 33405 ,

2 Entertotal number of section 501(c)(3) and government organizations listed in the line 1 table . ► 10

3 Enter total number of other organizations listed in the line 1 table .

For Paperwork Reduction Act Notice, see the Instructions for Form 990 . Cat No 50055P Schedule I (Form 990) 2013

Schedule I (Form 990) 2013 Pa g e 2Grants and Other Assistance to Individuals in the United States . Complete if the organization answered "Yes" to Form 990, Part IV, line 22.Part III can be duplicated if additional space is needed.

(a)Type of grant or assistance (b)N umber ofrecipients

(c)Amount ofcash grant

(d)Amount ofnon-cash assistance

(e)Method of valuation (book,FMV, appraisal, other)

(f)Description of non-cash assistance

(1) Direct care of youth in various programs 10989 2,919,431 Book Food, Clothing, Medical, Education

Supp lemental Information . Provide the information re q uired in Part I , line 2 , Part III , column ( b ), and any other additional information.

Return Reference Explanation

Part I Line 2 Father Flanagans Boys Home is the sole member of eleven affiliate organizations and has a controlling interest in another organization Ten of theseaffiliates received financial assistance in 2013 All affiliates operate under an affiliation agreement with Father Flanagans Boys Home that controls theactivities of the affiliated organizations Under the affiliation agreement, the subordinate organizations are required to comply with all operating andfinancial policies, procedures, and program service standards Financial information is monitored on a continuous basis through a central accountingand reporting system maintained by Father Flanagans Boys Home Each month actual and budget financial results are reviewed by management on aconsolidated and individual organization level basis Any significant variances or fluctuations must be investigated and explained

Schedule I (Form 990) 2013

Additional Data

Software ID:

Software Version:

EIN:

Name:

13000230

13.6.0.0

47-0376606

FATHER FLANAGAN'S BOYS' HOME

Form 990.Schedule I. Part II. Grants and Other Assistance to Governments and Organizations in the United States

(a) Name and address of (b) EIN (c) IRC Code section (d) Amount of cash (e) Amount of non- (f) Method of (g) Description of (h) Purpose of grantorganization if applicable grant cash valuation non-cash assistance or assistance

or government assistance (book, FMV, appraisal,other)

Boys Town California Inc 76-0720675 501C3 2,606,271 Program Support2223 East WellingtonAvenue Ste 350Santa Ana,CA 92701

Form 990.Schedule I. Part II. Grants and Other Assistance to Governments and Organizations in the United States

(a) Name and address of (b) EIN (c) IRC Code section (d) Amount of cash (e) Amount of non- (f) Method of (g) Description of (h) Purpose of grantorganization if applicable grant cash valuation non-cash assistance or assistance

or government assistance (book, FMV, appraisal,other)

Boys Town Central Florida 20-0654235 501C3 1,940,492 Program SupportInc975 Oklahoma StreetOviedo, FL 32765

Form 990.Schedule I. Part II. Grants and Other Assistance to Governments and Organizations in the United States

(a) Name and address of (b) EIN (c) IRC Code section (d) Amount of cash (e) Amount of non- (f) Method of (g) Description of (h) Purpose of grantorganization if applicable grant cash valuation non-cash assistance or assistance

or government assistance (book, FMV, appraisal,other)

Boys Town Louisiana Inc 41-2220807 501C3 1,440,289 Program Support300 North Broad Street Ste106NewOrleans,LA 70119

Form 990.Schedule I. Part II. Grants and Other Assistance to Governments and Organizations in the United States

(a) Name and address of (b) EIN (c) IRC Code section (d) Amount of cash (e) Amount of non- (f) Method of (g) Description of (h) Purpose of grantorganization if applicable grant cash valuation non-cash assistance or assistance

or government assistance (book, FMV, appraisal,other)

Boys Town Nevada Inc 20-0654472 501C3 1,917,541 Program Support821 N Mojave RoadLas Vegas, NV 89101

Form 990.Schedule I. Part II. Grants and Other Assistance to Governments and Organizations in the United States

(a) Name and address of (b) EIN (c) IRC Code section (d) Amount of cash (e) Amount of non- (f) Method of (g) Description of (h) Purpose of grantorganization if applicable grant cash valuation non-cash assistance or assistance

or government assistance (book, FMV, appraisal,other)

Boys Town New England Inc 20-0655240 501C3 1,456,246 Program SupportBazarsky Campus 58Flanagan RoadPortsmouth, RI 02871

Form 990.Schedule I. Part II. Grants and Other Assistance to Governments and Organizations in the United States

(a) Name and address of (b) EIN (c) IRC Code section (d) Amount of cash (e) Amount of non- (f) Method of (g) Description of (h) Purpose of grantorganization if applicable grant cash valuation non-cash assistance or assistance

or government assistance (book, FMV, appraisal,other)

Boys Town New York Inc 20-5960877 501C3 1,397,603 Program Support281 Park Avenue South 5thFloorNewYork,NY 10010

Form 990.Schedule I. Part II. Grants and Other Assistance to Governments and Organizations in the United States

(a) Name and address of (b) EIN (c) IRC Code section (d) Amount of cash (e) Amount of non- (f) Method of (g) Description of (h) Purpose of grantorganization if applicable grant cash valuation non-cash assistance or assistance

or government assistance (book, FMV, appraisal,other)

Boys Town North Florida Inc 20-0655144 501C3 1,606,790 Program Support3555 Commonweallth BlvdTallahassee, FL 32303

Form 990.Schedule I. Part II. Grants and Other Assistance to Governments and Organizations in the United States

(a) Name and address of (b) EIN (c) IRC Code section (d) Amount of cash (e) Amount of non- (f) Method of (g) Description of (h) Purpose of grantorganization if applicable grant cash valuation non-cash assistance or assistance

or government assistance (book, FMV, appraisal,other)

Boys Town Texas Inc 41-2181898 501C3 954,218 Program Support503 Urban LoopSan Antonio,TX 78204

Form 990.Schedule I. Part II. Grants and Other Assistance to Governments and Organizations in the United States

(a) Name and address of (b) EIN (c) IRC Code section (d) Amount of cash (e) Amount of non- (f) Method of (g) Description of (h) Purpose of grantorganization if applicable grant cash valuation non-cash assistance or assistance

or government assistance (book, FMV, appraisal,other)

Boys Town Washington DC 41-2220810 501C3 4,678,133 Program SupportInc4801 Sargent Road NEWashington, DC 20017

Form 990.Schedule I. Part II. Grants and Other Assistance to Governments and Organizations in the United States

(a) Name and address of (b) EIN (c) IRC Code section (d) Amount of cash (e) Amount of non- (f) Method of (g) Description of (h) Purpose of grantorganization if applicable grant cash valuation non-cash assistance or assistance

or government assistance (book, FMV, appraisal,other)

Father Flanagans Boys Town 26-3965524 501C3 3,021,930 Program SupportFlorida Inc3111 South Dixie HighwaySte 200West Palm Beach, FL 33405

l efile GRAPHIC p rint - DO NOT PROCESS As Filed Data - DLN: 93493309010534

Schedule J Compensation Information OMB No 1545-0047

(Form 990)For certain Officers, Directors, Trustees, Key Employees, and Highest

2013Compensated Employees1- Complete if the organization answered "Yes" to Form 990, Part IV, line 23.

Department of the Treasury 1- Attach to Form 990. 1- See separate instructions. 'Internal Revenue Service 1- Information about Schedule J (Form 990) and its instructions is at www.irs.gov /form990.

Name of the organization Employer identification numberFATHER FLANAGAN'S BOYS' HOME

47-0376606

MYRTE Questions Re g arding Com pensation

Yes No

la Check the appropiate box(es ) if the organization provided any of the following to or for a person listed in Form990, Part VII, Section A, line la Complete Part III to provide any relevant information regarding these items

1 First-class or charter travel F Housing allowance or residence for personal use

1 Travel for companions 1 Payments for business use of personal residence

1 Tax idemnification and gross - up payments 1 Health or social club dues or initiation fees

F Discretionary spending account 1 Personal services (e g , maid, chauffeur, chef)

b If any of the boxes in line la are checked , did the organization follow a written policy regarding payment orreimbursement or provision of all of the expenses described above? If "No ," complete Part III to explain lb Yes

2 Did the organization require substantiation prior to reimbursing or allowing expenses incurred by alldirectors , trustees , officers, including the CEO/Executive Director, regarding the items checked in line la? 2 Yes

3 Indicate which , if any, of the following the filing organization used to establish the compensation of theorganization 's CEO/Executive Director Check all that apply Do not check any boxes for methodsused by a related organization to establish compensation of the CEO /Executive Director, but explain in Part III

F Compensation committee F Written employment contract

1 Independent compensation consultant F Compensation survey or study

1 Form 990 of other organizations F Approval by the board or compensation committee

4 During the year, did any person listed in Form 990, Part VII, Section A, line la with respect to the filing organizationor a related organization

a Receive a severance payment or change-of-control payment? 4a No

b Participate in, or receive payment from, a supplemental nonqualified retirement plan? 4b Yes

c Participate in, or receive payment from, an equity-based compensation arrangement? 4c No

If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III

Only 501 ( c)(3) and 501(c)(4) organizations only must complete lines 5-9.

5 For persons listed in Form 990, Part VII, Section A, line la, did the organization pay or accrue anycompensation contingent on the revenues of

a The organization? 5a No

b Any related organization? 5b No

If "Yes," to line 5a or 5b, describe in Part III

6 For persons listed in Form 990, Part VII, Section A, line la, did the organization pay or accrue anycompensation contingent on the net earnings of

a The organization? 6a No

b Any related organization? 6b No

If "Yes," to line 6a or 6b, describe in Part III

7 For persons listed in Form 990, Part VII, Section A, line la, did the organization provide any non-fixedpayments not described in lines 5 and 6? If "Yes," describe in Part III 7 No

8 Were any amounts reported in Form 990, Part VII, paid or accured pursuant to a contract that wassubject to the initial contract exception described in Regulations section 53 4958-4(a)(3)? If "Yes," describein Part III 8 No

9 If "Yes" to line 8, did the organization also follow the rebuttable presumption procedure described in Regulationssection 53 4958-6(c)? 9

For Paperwork Reduction Act Notice, see the Instructions for Form 990. Cat No 50053T Schedule 3 (Form 990) 2013

Schedule J (Form 990) 2013 Page 2

Officers , Directors, Trustees , Key Employees, and Highest Compensated Employees . Use duplicate copies if additional space is needed.For each individual whose compensation must be reported in Schedule J, report compensation from the organization on row (i) and from related organizations, described in theinstructions, on row (ii) Do not list any individuals that are not listed on Form 990, Part VIINote . The sum of columns (B)(1)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line la, applicable column (D) and (E) amounts for that individual

(A) Name and Title (B) Breakdown of W-2 and/or 1099-MISC compensation (C) Retirement and (D) Nontaxable (E) Total of (F) Compensation

(i) Base (ii) Bonus & (iii) Other other deferred benefits columns reported as deferred

compensationincentive reportable compensation (B)(i)-(D) in prior Form 990

compensation compensation

See Additional Data Table

Schedule 3 (Form 990) 2013

Schedule J (Form 990) 2013 Page 3

Supplemental InformationProvide the information, explanation, or descriptions required for Part I, lines la, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part IIAlso complete this part for any additional information

F Return Reference Explanation

Part I Line la Discretionary spending account and housing allowance or residence for personal use Provided only to Fr Steven Boes, the CEO/Executive Director Asthe CEO for Father Flanagans Boys Home, Fr Boes is required to be available 24 hours a day for any situation that may arise regarding any and all facetsof providing a comprehensive continuum of care for children and families Due to the responsibilities required for his position and considering the basesalary that Fr Boes receives, the Board of Directors granted him a discretionary spending account which is included in his taxable compensation As acondition of his employment, Fr Boes is required to live on the residential campus and is provided with a personal residence in the Village of Boys Townwhich is not included in his taxable compensation

Part I Line 4b Supplemental nonqualified retirement plan Officer Philip J Ruden participated in a supplemental nonqualified retirement plan in the amount of 6,116 Thisparticipation is not included in his taxable compensation

Schedule 3 (Form 990) 2013

Additional Data

Software ID : 13000230

Software Version : 13.6.0.0

EIN: 47 -0376606

Name : FATHER FLANAGAN'S BOYS' HOME

Form 990, Schedule J, Part II - Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees

(A) Name (B) Breakdown of W-2 and/or 1099-MISC compensation (C) Deferred (D) Nontaxable (E) Total of columns (F) Compensation

(ii) Bonus & compensation benefits (B)(i)-(D) reported in prior Form

(i) Base (iii) Other 990 or Form 990-EZ

Compensationincentive

compensationcompensation

Father Steven E Boes (1) 69,748 25,366 52,000 8,117 155,231President and National (ii)Executive Director

John K Arch Executive (1) 311,704 3,762 15,300 15,854 346,620Vice President of (ii)Health Care andDirector of Boys TownNational ResearchHospital

Philip J Ruden (1) 310,916 2,742 -37,128 24,371 300,901Executive Vice (ii)President, InvestmentsChief InvestmentOfficer

Judy F Rasmussen CPA (i) 273,707 2,742 15,300 3,765 295,514Executive Vice (ii)

President, Treasurerand CFO

Dan Daly PhD (1) 235,882 8,338 -37,974 14,723 220,969Executive Vice (ii)President, Director ofYouth Care

Andrew M Bath JD (1) 213,859 3,560 13,011 7,501 237,931Executive Vice (ii)President and GeneralCounsel

Thomas Gregory Senior (1) 166,101 4,748 13,133 183,982Vice President and (ii)Corporate Secretary

Michael J Eglseder (1) 198,485 2,548 -6,608 24,371 218,796Vice President, (ii)Investments andAssistant Treasurer

Victor F LaPuma JD (1) 183,401 3,440 9,313 22,320 218,474Assistant General (ii)Counsel and AssistantCorporate Secretary

Charles J Sprague MD (1) 440,341 923 15,300 20,262 476,826Staff Pediatrician (ii)

Kelli Jo Shidler MD (1) 379,789 522 15,300 21,871 417,482Staff Pediatrician (ii)

Edward M Kolb MD VP (1) 339,638 2,682 15,300 21,891 379,511Medical Director - (ii)BTNRH

Mark J Domet MD Staff (i) 333,954 1,134 15,300 19,062 369,450Pediatrician (ii)

John W Peterson MD (i) 326,040 539 15,300 20,591 362,470Staff Anesthesiologist (ii)

l efile GRAPHIC print - DO NOT PROCESS As Filed Data - DLN: 93493309010534

Schedule K OMB No 1545-0047

(Form 990) Supplemental Information on Tax Exempt Bonds1- Complete if the organization answered "Yes" to Form 990, Part IV, line 24a. Provide descriptions,

2013explanations, and any additional information in Part VI.1- Attach to Form 990. 1- See separate instructions.

Department of the Treasury 1-Information about Schedule K (Form 990) and its instructions is at www.irs.gov/form990 .Internal Revenue Service

Name of the organization Employer identification number

FATHER FLANAGAN'S BOYS' HOME47-0376606

Bond Issues

(h) On(i) Pool

(a) Issuer name (b) Issuer EIN (c) CUSIP # (d) Date issued (e) Issue price (f) Description of purpose(g) Defeased behalf of

financingissuer

Yes No Yes No Yes No

Hospital Authority No 2 ofConstruct and Equip

A Douglas County (Boys Town52-1440796 259230JU5 09-01-2005 10,898,853 approximately 40,000 square X X X

Project)foot medical facility

Hospital Authority No 2 ofConstruct and Equip

B Douglas County Ne Healthcare52-1440796 259230KU3 09-15-2008 6,603,582 approximately 30,100 square X X X

Revenue Bondsfoot hospital facility

Nebraska Elementary andC Secondary School Finance

47-0821671 639918BV2 09-15-2008 23,190,919Capital repair, renovations, and

X X XAuth Ed Fclty Rev Bds improvements

Nebraska Elementary andConstruct electrical distribution

o ol FinanceD

Secondaryry

Sch47-0821671 639918BZ3 11-12-2010 10,170,183 system and purchase of X X X

R e v Bdsemergency alarm

n n.ii Proceeds

A B C D

1 Amount of bonds retired 2,180,000

2 Amount of bonds legally defeased

3 Total proceeds of issue 11,233,798 6,621,838 23,624,399 10,171,334

4 Gross proceeds in reserve funds

5 Capitalized interest from proceeds

6 Proceeds in refunding escrows

7 Issuance costs from proceeds 99,695 99,695 303,550 113,795

8 Credit enhancement from proceeds

9 Working capital expenditures from proceeds

10 Capital expenditures from proceeds 11,233,798 6,522,143 23,320,849 10,057,539

11 Other spent proceeds

12 Other unspent proceeds

13 Year of substantial completion 2006 2009 2011 2013

Yes No Yes No Yes No Yes No

14 Were the bonds issued as part of a current refunding issue? X X X

15 Were the bonds issued as part of an advance refunding issue? X X X

16 Has the final allocation of proceeds been made? X X X X

17 Does the organization maintain adequate books and records to support the finalallocation of proceeds?

X X X X

I T I I I Private Business Use

A B C D

Yes No Yes No Yes No Yes No

1 Was the organization a partner in a partnership, or a member of an LLC, which ownedproperty financed by tax-exempt bonds?

X X X X

2 Are there any lease arrangements that may result in private business use of bond-X X X X

financed property?

For Paperwork Reduction Act Notice, see the Instructions for Form 990. Cat No 50193E Schedule K (Form 990) 2013

Schedule K (Form 990) 2013 Pa g e 2

Private Business Use (Continued)

A B C D

Yes No Yes No Yes No Yes No

3a Are there any management or service contracts that may result in private business useof bond-financed property?

X X X X

b If "Yes" to line 3a, does the organization routinely engage bond counsel or otheroutside counsel to review any management or service contracts relating to the financedproperty?

c Are there any research agreements that may result in private business use of bond-financed property? X X X X

d If "Yes" to line 3c, does the organization routinely engage bond counsel or otheroutside counsel to review any research agreements relating to the financed property?

4 Enter the percentage of financed property used in a private business use by entitiesother than a section 501(c)(3) organization or a state or local government 0-

5 Enter the percentage of financed property used in a private business use as a result ofunrelated trade or business activity carried on by your organization, another section501(c)(3) organization, or a state or local government 0-

6 Total of lines 4 and 5

7 Does the bond issue meet the private security or payment test? X X X X

ga Has there been a sale or disposition of any of the bond financed property to anongovernmental person other than a 501(c)(3) organization since the bonds were X X X Xissued?

b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of

c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections1 141-12 and 1 145-27

g Has the organization established written procedures to ensure that all nonqualifiedbonds of the issue are remediated in accordance with the requirements under X X X XRegulations sections 1 141-12 and 1 145-2?

ArbitrageA B C D

Yes No Yes No Yes No Yes No

1 Has the issuerfiled Form 8038-T? X X X X

2 If "No" to line 1, did the following apply?

a Rebate not due yet? X X

b Exception to rebate? X

c No rebate due? X X X

If you checked No rebate due" in line 2c, provide inPart VI the date the rebate computation was performed

3 Is the bond issue a variable rate issue? X X X X

4a Has the organization or the governmental issuer enteredinto a qualified hedge with respect to the bond issue?

X X X X

b Name of provider

c Term of hedge

d Was the hedge superintegrated?

e Was the hedge terminated?

Schedule K (Form 990) 2013

Schedule K (Form 990) 2013 Page 3

Arbitrage (Continued )

A B C D

Yes No Yes No Yes No Yes No

5a Were gross proceeds invested in a guaranteed investmentX X X X

contract (GIC)7

b Name of provider

c Term of GIC

d Was the regulatory safe harbor for establishing the fair marketvalue of the GIC satisfied?

6 Were any gross proceeds invested beyond an available temporaryperiod?

X X X X

7 Has the organization established written procedures to monitorthe requirements of section 148?

X X X X

ff^illl Procedures To Undertake Corrective ActionA I B I C I D

I Yes I No I Yes I No I Yes I No I Yes I No

Has the organization established written procedures to ensurethat violations of federal tax requirements are timely identified

X X X Xand corrected through the voluntary closing agreement program ifself-remediation is not available under aoolicable regulations?

Supp lemental Information . Provide additional information for res ponses to q uestions on Schedule K ( see instructions ) .

Return Reference Explanation

Part II Line 3 Total proceeds do not agree to the issue price in Part I, Column e due to investment earnings

Part IV Line 2c Rebate computations were performed on the following dates Issue A - 10/06/08, Issue B - 11/30/13, Issue C - 11/30/13

Schedule K (Form 990) 2013

l efile GRAPHIC p rint - DO NOT PROCESS As Filed Data - DLN: 93493309010534

SCHEDULEM Noncash Contributions OMB No 1545-0047

(Form 990)

2013Complete if the organizations answered "Yes" on Form990, Part IV, lines 29 or 30.

Department of the Treasury n Attach to Form 990. • ' - • 'Internal Revenue Service I nInformation about Schedule M (Form 990) and its instructions is at www.irs, ov form990. -

Name of the organization Employer identification numberFATHER FLANAGAN'S BOYS' HOME

1 47-0376606

Types of Property

(a) (b) (c) (d)Check Numberof contributions Noncash contribution Method of determining

if or items contributed amounts reported on noncash contribution amountsapplicable Form 990, Part VIII,

line 1g

1 Art-Works of art . . . .

2 Art-Historical treasures

3 Art-Fractional interests

4 Books and publications

5 Clothing and householdgoods . . . . . X 4=tff

6 Cars and other vehicles . .

7 Boats and planes . . . .

8 Intellectual property . . .

9 Securities -Publicly traded .

10 Securities -Closely held stock

11 Securities-Partnership , LLC, X26or trust interests . .

12 Securities -Miscellaneous

13 Qualified conservationcontribution -Historicstructures

14 Qualified conservationcontribution -Other . . .

15 Real estate -Residential

16 Real estate -Commercial

17 Real estate-Other . . .

18 Collectibles . . . . . X 537

19 Food inventory . . . X 44

20 Drugs and medical supplies

21 Taxidermy . . . . . .

22 Historical artifacts . . . .

23 Scientific specimens . .

24 Archeological artifacts . . .

25 Other P- ( X 6Computer Hardware )

26 Other(

27 Other(

28 Other n ( )

29 Number of Forms 8283 received by the organization during the tax year for contributionsfor which the organization completed Form 8283 , Part IV, Donee Acknowledgement .

110,401 Comparable Cost

1,213,536 Trustee Market Value

70,416 Resale Value

115,920 Comparable Cost

477,301 Comparable cost

29

Yes No

30a During the year, did the organization receive by contribution any property reported in Part I, lines 1 through 28, that

it must hold for at least three years from the date of the initial contribution, and which is not required to be used

for exempt purposes for the entire holding period? 30a No

b If "Yes," describe the arrangement in Part II

31 Does the organization have a gift acceptance policy that requires the review of any non-standard contributions? 31 Yes

32a Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash

contributions? . . . . . . . . . . . . . . . . . . . . . . . . 32a No

b If "Yes," describe in Part II

33 If the organization did not report an amount in column (c) for a type of property for which column (a) is checked,

describe in Part II

For Paperwork Reduction Act Noticee see the Instructions for Form 990 . Cat No 51227] Schedule M (Form 990 ) ( 2013)

Schedule M (Form 990 ) (2013) Page 2

Supplemental Information . Provide the information required by Part I, lines 30b,32b, and 33, and whether the organization is reporting in Part I, column (b), the number of contributions, thenumber of items received, or a combination of both. Also complete this part for any additional information.

Return Reference Explanation

Schedule M (Form 990) (2013)

efile GRAPHIC p rint - DO NOT PROCESS As Filed Data - DLN: 93493309010534

SCHEDULE 0OMB No 1545 0047

(Form 990 or 990-EZ) Supplemental Information to Form 990 or 990-EZ2013

Department of the Treasury Complete to provide information for responses to specific questions onForm 990 or to provide any additional information . Open

Internal Revenue Service1- Attach to Form 990 or 990-EZ. Inspection

1- Information about Schedule 0 (Form 990 or 990-EZ) and its instructions is atwww.irs.gov/form990.

Name of the organization Employer identification numberFATHER FLANAGAN'S BOYS' HOME

47-0376606

ReturnReference

Explanation

Form 990, Nebraska/Iowa Services consists of the Family Home Program, Intervention and Assessment Services, In-home Family Services,Part III, Line Foster Family Services, and Community Support Services including Common Sense Parenting, and the Center for Behavioral4a Health There are 60 family style Family Homes on the Home Campus, which is in the incorporated Village of Boys Town,

Nebraska the Village These homes have a total capacity over 400 youth Six to eight troubled boys or girls from throughout theUnited States of America, with ages generally ranging from 8 to 18, live in a home with a specially trained professional marriedcouple called Family Teachers The couple provides treatment planning, skill development, spiritual guidance, a family styleenvironment, and love and care, with the help of an Assistant Family Teacher Each home is monitored, evaluated, and advisedby a Program Director and other support personnel The homes are certified by the Council on Accreditation Homes are notmixed by gender but are mixed by age, ethnic, and religious backgrounds The program is also served by four Intervention andAssessment Homes, which provide short-term intervention and assessment services for youth In addition to its residentialprogram, the Home Campus also operates a Foster Family Services Program, In-home Family Services, and Community SupportServices programs The Home Campus also operates a Center for Behavioral Health, which in 2013, served approximately 3,300youth and families with behavioral problems on an outpatient basis and is a training center for doctoral level psychologists

ReturnReference

Explanation

Form 990, Boys Town National Research Hospital BTNRH provides medical and surgical services at two hospital locations and sixPart III, Line outpatient clinics in the Omaha, Nebraska, metropolitan area BTNRH is recognized internationally as a leader in communication4b disorder research and as a referral center for children with disorders of the ear, hearing and balance, cleft lip and palate,

speech, and voice, as well as related disabilities BTNRH clinical programs served more than 44,000 children and adolescents in2013 through a total of more than 208,000 patient visits Boys Town Pediatrics, BTNRHs group of pediatric physicians, providesprimary care and specialty pediatric medical services at four clinic locations in the Omaha area BTNRH also provides medicallydirected behavioral health services These services include four residential treatment centers RTC The RTC East is located atthe BTNRH downtown campus and has the capacity to serve up to 47 youth In October 2013, the new est RTC West wasopened with an additional 34 beds This program is attached to the BTNRH west Hospital Additionally, BTNRH operates twoopen staff secure RTCs located in the Village of Boys Tow n - one home for 13 boys, and one home for 14 girls Each of theseRTCs is staffed with a multidisciplinary medical and behavioral health staff

ReturnReference

Explanation

Form 990, Programs across America directly served nearly 29,000 youth in Nebraska/Iowa and 10 affiliated sites nationwide ThesePart III, Line affiliated sites are Boys Town California, Boys Town Central Florida, Boys Town Louisiana, Boys Town Nevada, Boys Town4c New England, Boys Town New York, Boys Town North Florida, Boys Town Florida, Boys Town Texas, and Boys Tow n

Washington, DC Programs offered throughout the nation include Intervention and Assessment Services, Family Home Services,Foster Family Services, In-Home Family Services, and Community Support Services including Common Sense Parenting,Outpatient Behavioral Health Services, and National Community Support Services Boys Town invests and emphasizes qualitythrough staff training, evaluation, and outcomes research by having departments committed to the quality of Boys Townsprograms The Training and Evaluation Department provides technical training, evaluation, and quality/control/quality assuranceof Boys Towns nationwide system of services The Program Fidelity Department provides program monitoring, consultation, andstaff and program development to the ten program sites across America National Community Support Services provides trainingand resources to parents, child care providers, and educators throughout the United States and internationally Services areoffered through Education and Common Sense Parenting training packages, and books from the Boys Town Press In 2013 over11,000 parents, teachers, administrators, and professionals were trained allowing Boys Town to indirectly impact approximately140,000 children through this training

ReturnReference

Explanation

Form 990, The Home Campus Educational Program consists of the Boys Town High School and the Wegner Middle School The VillagePart III, Line schools serve youth at Boys Town and provide academic and vocational training skills necessary for contemporary society All4d Boys Towns schools are fully accredited by the state of Nebraska and the North Central Association A full range of special

education services is provided to all youth who require this type of assistance The Boys Town Day School in the Village ofBoys Town and the Duncan Day School in Duncan, Nebraska serve youth who cannot receive educational services in a publicor alternative school setting due to behavioral problems and academic deficiencies These schools meet all requirements ofLevel III schools under Nebraska Department of Educations Rule 51 and currently educate students from multiple school districtsin Nebraska and Iowa These schools have also served parentally placed private youth and court placed youth Boys Townserved over 120 students in Day School services in 2013

ReturnReference

Explanation

Form 990, Boys Town National Hotline and Public Services meets the informative and public service needs of youth, parents, teachers, andPart III, Line youth professionals who are involved directly or indirectly with helping youth The Boys Town National Hotline the Hotline at 1-4d 800-448-3000 helps hundreds of thousands of children and families throughout all 50 states each and every year The Hotline

provides toll free phone, as well as Web based, crisis service for troubled children and families The Hotline received over151,000 contacts in 2013 The Hotline operates 24 hours a day, 7 days a week, with trained, skilled, professional operators TheHotline is equipped to handle calls from people who speak a variety of languages In an effort to reach the highest number ofyouth in need of assistance, through a medium more frequently used by youth, the Boys Town National Hotline launched a Website mid 2009 called yourlifeyourvoice org In 2013, the Web site had over 300,000 visits More than 14,000 youth contacted theHotline professionals for assistance through the Web site via e-mail or chat In addition to operating the Boys Town NationalHotline, Boys Town also operates the Nebraska Family Helpline The Nebraska Family Helpline was conceived when Nebraska

lawmakers realized families experiencing crises needed a central, knowledgeable place to go to get help or answers to theirquestions The Helpline counselors assist families in managing immediate crisis situations, make referrals, help them navigategovernment systems, and follow up with families to ensure they received the help they needed The Nebraska Family Helplinehas been honored in the press and by the legislature for its effective service to Nebraska families Nearly 3,800 calls were madeto the Helpline in 2013

Return Reference Explanation

Form 990, Part VI, Section A, Line 2 Philip J Ruden and Michael J Eglseder - Business Relationship

Return ExplanationReference

Form 990, Part VI, The Treasurer reviewed the completed Form 990 and provided an electronic copy to the Audit Committee of the Board ofSection B, Line 11 b Directors for their review The members of the Audit Committee had one week to submit their comments and questions

Upon satisfactory resolution of questions and electronic copy of the final Form 990w as provided to all directors before itwas filed

ReturnReference

Explanation

Form 990, Part Father Flanagans Boys Home regularly and consistently monitors and enforces compliance with its conflict of interest policyVI, Section B, mainly through official annual affirmations, self reporting and observation Directors are covered by a board of trustee policyLine 12c and officers and employees are covered by a separate policy Directors must report any perceived or actual conflict of

interest to the Chairman of the Boards Executive Committee A director in question must cooperate in a review by theExecutive Committee and has no vote in determining whether a conflict exists A board member may be disqualified fromparticipating in certain deliberations and votes during and after any review A board member may be required to resign if aconflict exists

ReturnReference

Explanation

Form 990, Part VI, The compensation of the CEO/Executive Director was determined by the Board of Trustees Compensation Committee usingSection B, Line comparable data for similarly qualified persons in functionally comparable positions at similarly situated organizations15a 15b 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 were last dertermined in 2012 as describedabove, however, officers do not have employment contracts

Return ExplanationReference

Form 990, Part VI, Father Flanangans Boys Home makes its governing documents and conflict of interest policy available to the public uponSection B, Line 19 request Articles of incorporation and bylaws can also be obtained by the public through the various Secretary of State

offices Financial Statements are available to the public upon request and on its website at www boystown org

Return ExplanationReference

Form 990, Part Gain on beneficial interests in external trust assets 7,518,766, Increase in beneficial interest in Father Flanagans Fund ForXI, Line 9 Need Children 88,450,726, Increase in interest in Affiliated organizations 1,416,774, Pension income 1,677,629, Pension

related charges 17,576,780

l efile GRAPHIC p rint - DO NOT PROCESS

SCHEDULE R(Form 990)

Department of the Treasury

Internal Revenue Service

As Filed Data -

Related Organizations and Unrelated Partnerships

1- Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.1- Attach to Form 990. 1- See separate instructions.

1- Information about Schedule R (Form 990) and its instructions is at www.irs.gov/form990 .

DLN:93493309010534

OMB No 1545-0047

2013

Name of the organization Employer identification numberFATHER FLANAGAN'S BOYS' HOME

47-0376606

Identification of Disregarded Entities Complete if the organization answered "Yes" on Form 990, Part IV, line 33.

(a)Name, address, and EIN (if applicable) of disregarded entity

(b)Primary activity

(c)Legal domicile (stateor foreign country)

(d)Total income

(e)End-of-year assets

(f)Direct controlling

entity

Identification of Related Tax-Exempt Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had oneor more related tax-exempt organizations during the tax year.

(a)Name, address, and EIN of related organization

( b)Primary activity

(c)Legal domicile (stateor foreign country)

(d)Exempt Code section

(e)Public charity status

(if section 501(c)(3))

(f)Direct controlling

entity

(g)Section 512(b)(13) controlled

entity?

Yes No

See Additional Data Table

For Paperwork Reduction Act Notice, see the Instructions for Form 990. Cat No 50135Y Schedule R (Form 990) 2013

Schedule R (Form 990) 2013 Page 2

Identification of Related Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 34because it had one or more related organizations treated as a partnership during the tax year.

(a)Name, address, and EIN of

related organization

(b)Primary activity

(c)Legal

domicile(state orforeigncountry)

(d)Direct

controllingentity

(e)Predominant

income(related,unrelated,

excluded fromtax under

sections 512-514)

(f)Share of

total income

(g)Share of

end-of-yearassets

(h)Disproprtionateallocations?

(i)Code V-UBI

amount in box20 of

Schedule K-1(Form 1065)

U)General ormanagingpartner?

(k)Percentageownership

Yes No Yes No

Identification of Related Organizations Taxable as a Corporation or Trust Complete if the organization answered "Yes" on Form 990, Part IV,line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.

(a)Name, address, and EIN of

related organization

(b)Primary activity

(c)Legal

domicile(state or foreign

country)

(d)Direct controlling

entity

(e)Type of entity

(C corp, Scorp,

or trust)

(f)Share of total

income

(g)Share of end-

of-yearassets

(h)Percentageownership

(i)Section 512

(b)(13)controlledentity?

Yes No

Schedule R (Form 990) 2013

Schedule R (Form 990) 2013

ff^ Transactions With Related Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.

Note . Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule

1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?

a Receipt of (i) interest (ii) annuities (iii) royalties or (iv) rent from a controlled entity

b Gift, grant, or capital contribution to related organization(s)

c Gift, grant, or capital contribution from related organization(s)

d Loans or loan guarantees to or for related organization(s)

e Loans or loan guarantees by related organization(s)

f Dividends from related organization(s)

g Sale of assets to related organization(s)

h Purchase of assets from related organization(s)

i Exchange of assets with related organization(s)

j Lease of facilities, equipment, or other assets to related organization(s)

k Lease of facilities, equipment, or other assets from related organization(s)

I Performance of services or membership or fundraising solicitations for related organization(s)

m Performance of services or membership or fundraising solicitations by related organization(s)

n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s)

o Sharing of paid employees with related organization(s)

p Reimbursement paid to related organization(s) for expenses

q Reimbursement paid by related organization(s) for expenses

r Other transfer of cash or property to related organization(s)

s Other transfer of cash or property from related organization(s)

Page 3

YesFNo

la Yes

lb Yes

1c Yes

ld Yes

le No

if No

1g No

1h No

li No

1j Yes

1k Yes

11 Yes

1m No

in No

to Yes

1p No

1q Yes

lr No

is Yes

2 If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds

(a)Name of related organization

(b)Transactiontype (a-s)

(c)Amount involved

(d)Method of determining amount involved

See Additional Data Table

Schedule R (Form 990) 2013

Schedule R (Form 990) 2013 Page 4

Unrelated Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 37.Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or grossrevenue) that was not a related organization See instructions regarding exclusion for certain investment partnerships

(a)Name, address, and EIN of entity

(b)Primary activity

(c)Legal

domicile(state orforeigncountry)

(d)Predominant

income(related,unrelated,

excluded fromtax under

sections 512-

(e)Are all partners

section501(c)(3)

organizations?

(f)Share of

totalincome

(g)Share of

end-of-yearassets

(h)Disproprtionateallocations?

(i)Code V7UBIamount inbox 20

of ScheduleK-1

(Form 1065)

U)General ormanagingpart ner?

(k)Percentageownership

514)Yes No Yes No Yes No

Schedule R (Form 990) 2013

Schedule R (Form 990) 2013 Page 5

Supplemental Information

Provide additional information for responses to auestions on Schedule R (see instructions

Return Reference Explanation

Schedule R (Form 990) 201

Additional Data

Software ID : 13000230

Software Version : 13.6.0.0

EIN: 47 -0376606

Name : FATHER FLANAGAN'S BOYS' HOME

Form 990, Schedule R, Part II - Identification of Related Tax-Exempt Organizations(a) (b) (c) (d) (e) (f) (g)

Name, address, and EIN of related organization Primary activity Legal domicile Exempt Code Public charity Direct controlling Section 512(state section status entity (b)(13)

or foreign country) (if section 501(c) controlled(3)) entity?

Yes No

(1) Father Flanagan's Fund For Needy Children Support of FFBH NE 501c3 11 Type 1 Father Flanagan's YesBjoys' Home

14100 Crawford StreetBoys Town, NE 6801036-3680258

(1) Boys Town California Inc Youth Assistance CA 501c3 7 Father Flanagan's YesBjoys' Home

2223 East Wellington Ave Ste 350Santa Anna, CA 9270176-0720675

(2) Boys Town Central Florida Inc Youth Assistance FL 501c3 7 Father Flanagan's YesBjoys' Home

975 Oklahoma StreetOlviedo, FL 3276520-0654235

(3) Boys Town Chicago Inc Youth Assistance IL 501c3 7 Father Flanagan's YesBjoys' Home

14086 MotherTeresa LaneBoys Town, NE 6801020-2137568

(4) Boys Town Louisiana Inc Youth Assistance LA 501c3 7 Father Flanagan's YesBjoys' Home

300 North Broad Street Ste 106New O rleans, LA 7011941-2220807

(5) Boys Town Nevada Inc Youth Assistance NV 501c3 7 Father Flanagan's YesBjoys' Home

821 N Mojave RoadLas Vegas, NV 8910120-0654472

(6) Boys Town New England Inc Youth Assistance RI 501c3 7 Father Flanagan's YesBjoys' Home

Bazarsky Campus 58 Flanagan RdPortsmouth, RI 0287120-0655240

(7) Boys Town New York Inc Youth Assistance NY 501c3 7 Father Flanagan's YesBjoys' Home

281 Park Ave S 5th FloorNew York, NY 1001020-5960877

(8) Boys Town North Florida Inc Youth Assistance FL 501c3 7 Father Flanagan's YesBjoys' Home

3555 Commonwealth BlvdTallahassee, FL 3230320-0655144

(9) Boys Town Texas Inc Youth Assistance TX 501c3 7 Father Flanagan's YesBjoys' Home

503 Urban LoopSan Antonio, TX 7820441-2181898

(10) Boys Town Washington DC Inc Youth Assistance DC 501c3 7 Father Flanagan's YesBjoys' Home

4801 Sargent Rd NEWashington, DC 2001741-2220810

(11) Father Flanagan's Boys Town Florida Inc Youth Assistance FL 501c3 7 Father Flanagan's YesBjoys' Home

3111 S Dixie Highway Ste 200West Palm Beach, FL 3340526-3965524

(12) Lied Learning and Technology Center For Childhood Support of FFBH NE 501c3 11 TYPE 1 Father Flanagan's YesDeafness Bjoys' Home

14086 MotherTeresa LaneBoys Town, NE 6801047-0841263

(13) Nebraska Families Collaborative Service Coordination NE 501c3 7 Father Flanagan's YesBjoys' Home

2110 Papillion ParkwayOmaha, NE 6816426-4436716

Form 990. Schedule R. Part V - Transactions With Related Organizations

(a)Name of other organization

(b)Transactiontype(a-s)

(c)Amount Involved

(d)

Method of determiningamount involved

Nebraska Families Collaborative a 89,616 FMV - Cash

Boys Town California Inc b 2,606,271 FMV - Cash

Boys Town Central Florida Inc b 1,940,492 FMV - Cash

Boys Town Louisiana Inc b 1,440,289 FMV - Cash

Boys Town Nevada Inc b 1,917,541 FMV - Cash

Boys Town New England Inc b 1,456,246 FMV - Cash

Boys Town New York Inc b 1,397,603 FMV - Cash

Boys Town North Florida Inc b 1,606,790 FMV - Cash

Boys Town Texas Inc b 954,218 FMV - Cash

Boys Town Washington DC Inc b 4,678,133 FMV - Cash

Father Flanagans Boys Town Florida Inc b 3,021,930 FMV - Cash

Father Flanagan's Fund For Needy Children c 42,659,566 FMV - Cash

Boys Town New England Inc d 1,775,005 FMV - Cash

Boys Town North Florida Inc d 862,773 FMV - Cash

Nebraska Families Collaborative d 1,000,000 FMV - Cash

Nebraska Families Collaborative 1 89,616 FMV - Cash

Lied Learning and Technology Center For Childhood Deafness k 764,809 FMV - Cash

Lied Learning and Technology Center For Childhood Deafness I 715,177 FMV - Cash

Nebraska Families Collaborative I 425,185 FMV - Cash

Father Flanagan's Fund For Needy Children o 949,535 FMV - Cash

Father Flanagan's Fund For Needy Children q 949,535 FMV - Cash

Boys Town Louisiana Inc s 1,697,317 FMV - Cash

Perpetual Trusts (4) s 1,182,167 FMV - Cash

Charitable remainder trust s 859,029 FMV - Cash

A,QL

BOYS TOWN

Consolidated Financial Statements

December 31, 2013

(With Independent Auditors' Report Thereon)

BOYS TOWN

Table of Contents

Independent Auditors' Report

Consolidated Financial Statements as of and for the year ended December 31, 2013:

Consolidated Statement of Financial Position

Consolidated Statement of Activities

Consolidated Statement of Cash Flows

Consolidated Statement of Functional Expenses

Notes to Consolidated Financial Statements

Page(s)

1-2

3

4

5

6

7-35

PKPMG LLPSuite 3001212 N 96th StreetOmaha, NE 68114-2274

Suite 1600233 South 13th StreetLincoln, NE 68508-2041

Independent Auditors' Report

The Board of TrusteesFather Flanagan's Boys' Home:

We have audited the accompanying consolidated financial statements of Father Flanagan's Boys' Homed/b/a Boys Town (Boys Town), which comprise the consolidated statement of financial position as ofDecember 31, 2013, and the related consolidated statements of activities, cash flows, and functionalexpenses for the year then ended, and the related notes to the consolidated financial statements.

Management 's Responsibility for the Consolidated Financial Statements

Management is responsible for the preparation and fair presentation of these consolidated financialstatements in accordance with U.S. generally accepted accounting principles; this includes the design,implementation , and maintenance of internal control relevant to the preparation and fair presentation ofconsolidated financial statements that are free from material misstatement, whether due to fraud or error.

Auditors' Responsibility

Our responsibility is to express an opinion on these consolidated financial statements based on our audit.We conducted our audit in accordance with auditing standards generally accepted in the United States ofAmerica. Those standards require that we plan and perform the audit to obtain reasonable assurance aboutwhether the consolidated financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in theconsolidated financial statements. The procedures selected depend on the auditors' judgment, including theassessment of the risks of material misstatement of the consolidated financial statements, whether due tofraud or error. In making those risk assessments, the auditors consider internal control relevant to theentity's preparation and fair presentation of the consolidated financial statements in order to design auditprocedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion onthe effectiveness of the entity's internal control. Accordingly, we express no such opinion. An audit alsoincludes evaluating the appropriateness of accounting policies used and the reasonableness of significantaccounting estimates made by management, as well as evaluating the overall presentation of theconsolidated financial statements.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for ouraudit opinion.

KPMG LLP is a Delaware limited liability partnership,the U S member fine of KPMG International Cooperative("KPMG International' ), a Swiss entity

KPMG

Opinion

In our opinion, the consolidated financial statements referred to above present fairly, in all materialrespects, the consolidated financial position of Father Flanagan's Boys' Home as of December 31, 2013,and the changes in their net assets and their cash flows for the year then ended, in accordance withU.S. generally accepted accounting principles.

Is/ KPMG LLP

Omaha, NebraskaJune 4, 2014

BOYS TOWN

Consolidated Statement of Financial Position

December 31, 2013

(Dollar amounts in thousands)

Boys Town Fatherand Flanagan's

program - Fund for Boys Townrelated Needy consolidated

Assets affiliates Children Eliminations total

Cash and cash equivalents $ 14,599 - - 14,599Investment income receivable 39 448 - 487Accounts receivable 29,008 - (33) 28,975Inventories 1,370 - - 1,370Notes receivable 86 - - 86Prepaid expenses 2,524 - - 2,524Other assets 1,082 - - 1,082Pledges receivable 3,694 - - 3,694Pension asset 51,709 - - 51,709Investments 112,608 927,464 - 1,040,072Beneficial interest in trust assets 78,951 - - 78,951Interest in Father Flanagan's

Fund for Needy Children 927,694 - (927,694) -Cash restricted for purchase of

long-term assets 187 - - 187Land, buildings, and equipment, net 137,076 - - 137,076

Total assets $ 1,360,627 927,912 (927,727) 1,360,812

Liabilities and Net Assets

Liabilities:Accounts payable $ 19,121 - - 19,121Accrued liabilities 30,580 218 (33) 30,765Deferred revenue 923 - - 923Notes payable 3,564 - - 3,564Bonds payable 48,321 - - 48,321Pension and postretirement

benefits liability 48,708 - - 48,708

Total liabilities 151,217 218 (33) 151,402

Net assets:Unrestricted 1,097,049 927,694 (927,694) 1,097,049

Less noncontrolling interest incontrolled entity deficit 887 - - 887

Total unrestricted 1,096,162 927,694 (927,694) 1,096,162

Temporarily restricted 39,332 - - 39,332Permanently restricted 73,916 - - 73,916

Total net assets 1,209,410 927,694 (927,694) 1,209,410

Total liabilities andnet assets $ 1,360,627 927,912 (927,727) 1,360,812

See accompanying notes to consolidated financial statements.

3

BOYS TOWN

Consolidated Statement of Activities

Year ended December 31, 2013

(Dollar amounts in thousands)

Revenues, gains, and other supportContributionsLegacies and bequestsProgram service revenuesOther revenuesInvestment incomeRealized and unrealized gains on investments, netChange to value of beneficial interest in trust assetsNet assets released from restnctions

Total revenues, gains, and other support

ExpensesProgram servicesSupporting services

Total expenses

Revenues, gains, and other support over (under)expenses

Change in net assets of Father Flanagan 's Fund for NeedyChildren

Support from Father Flanagan 's Fund for Needy ChildrenPension-related changes other than net periodic pension cost

Increase (decrease) in net assets

Net assets, beginning of year

Net assets, end of year

See accompanying notes to consolidated financial statements

FatherFlanagan'sFund for

Boys Town and program - related affiliates Needy Boys TownTemporarily Permanently Children consolidated

Unrestricted restricted restricted Total Unrestricted Eliminations total

S 195,546 4,180 1 199,727 - - 199,727

9,235 16 194 9,445 9,445214,151 - - 214,151 - - 214,151

9,156 3 - 9,159 139 - 9,2983,926 760 - 4,686 17,055 - 21,7417,868 2,723 - 10,591 114,902 - 125,493- 2,142 5,377 7,519 - - 7,519

14,259 (14,256) (3)

454,141 (4,432) 5,569 455,278 132,096 587,374

430,934 430,934 - - 430,93440,445 40,445 985 41,430

471,379 471,379 985 472,364

(17,238) (4,432) 5,569 (16,101) 131,111 - 115,010

88,451 - - 88,451 - (88,451) -42,660 - - 42,660 (42,660) - -17,577 17,577 17,577

131,450 (4,432) 5,569 132,587 88,451 (88,451) 132,587

964,712 43,764 68,347 1,076,823 839,243 (839,243) 1,076,823

$ 1,096,162 39,332 73,916 1,209,410 927,694 (927,694) 1,209,410

4

BOYS TOWN

Consolidated Statement of Cash Flows

Year ended December 31, 2013

(Dollar amounts in thousands)

Cash flows from operating activities:Increase in net assets $ 132,587Adjustments to reconcile increase in net assets to net cash used in operating activities:

Pension-related charges other than net periodic pension cost (17,576)Retiree pension expense (1,678)Postretirement benefits expense 1,514Realized and unrealized gains on investments, net (125,493)Change in value of beneficial interest in trust assets (7,519)Gain on sale of building and equipment (5,854)Depreciation 12,941Amortization of discounted pledges (73)Amortization of discounted liabilities (60)Termination of annuity agreements (232)In-kind contributions (70)Contributions restricted for long-term investments (295)Net changes in assets and liabilities:

Increase in investment income receivable (13)Decrease in accounts receivable 3,059Increase in inventories (93)Decrease in notes receivable 9Decrease in prepaid expenses 84Decrease in other assets 312Decrease in pledges receivable 746Decrease in beneficial interest in trust assets 481Decrease in accounts payable (1,525)Decrease in accrued liabilities (1,644)Increase in deferred revenue 830Decrease in pension and postretirement benefit obligation (2,570)

Net cash used in operating activities (12,132)

Cash flows from investing activities.Purchases of buildings and equipment (17,015)Contributions restricted for investment in property and equipment (100)Sale of assets restricted to investment in equipment and purchase of equipment 129Sales of building and equipment 7,497Proceeds from sale of investments 666,701Purchases of investments (633,905)

Net cash provided by investing activities 23,307

Cash flows from financing activities:Proceeds from gift annuities issued 443Contributions restricted for investment in endowments 195Contributions restricted for investment in property and equipment 100Proceeds from notes payable 150Payments on bonds payable (8,545)Payments on notes payable (119)Payments on annuity obligations (678)Payments on capital lease obligations (34)

Net cash used in financing activities (8,488)

Net increase in cash and cash equivalents 2,687

Cash and cash equivalents, beginning of year 11,912

Cash and cash equivalents, end of year $ 14,599

Supplemental disclosure of cash flow information.Cash paid during the year for.

Interest $ 2,745

See accompanying notes to consolidated financial statements.

ScienceEmployee benefitsPayroll taxes

Total science sad related expenses

Specific assistance to youthOccupancyContract servicesSuppliesPrinting and publicationsPosmgcEquipment - rental and maintenanceProfesslonnl teesTravelTelephoneInterestOther

Total expenses before deprectn

Deprocinuon of buildings and equipment

Total expenses

BOYS TOWN

Consolidated Statement of r uneiton01 Expenses

Your ended December 31, 2013

(Dollar amounts in thousands)

Prv ro seniors upportingsen teesay:

Boys Tonn NationalNebraska Homc Campus Programs National Hotline and Management

Iowa Educational Researchac r ass Public andSenlees Program America Hospital Services Tetal general Fund-raising Total

S 37,092 7,041 32,943 41,999 2,148 121,223 8,087 3,514 11,6019,118 1,721 8,544 10,791 464 30,638 2,231 976 3,2073,284 631 31361 4,019 177 11,472 625 309 934

49,494 9,393 44,848 56,809 2.789 163,333 10,943 4,799 15,742

4,147 92 2,037 252 - 6,528 - - -2.489 1,004 2,609 2,627 85 8,814 200 91 291

32,959 1,281 2,492 17,054 147 53,933 300 887 1,1871,956 696 1,405 9,256 277 13,590 216 291 507243 20 426 239 644 1,572 386 10,727 11,113248 3 236 101 288 876 354 4,989 5,343725 154 679 1,915 77 3,550 394 194 588

1,016 72 1,501 3,527 151,646 157,762 3,499 227 3,7261,868 36 1,532 485 26 3,947 90 180 270666 44 710 544 59 2,023 65 32 97677 239 179 731 16 1,842 45 720 765253 10 613 275 IS 1,169 479 376 855

96,741 13,044 59,267 93.815 156,072 418,939 16.971 23,513 40,484

3,501 1,250 3,264 3,852 128 11,995 522 424 946

S 100,242 14,294 62,531 97,667 1 56200 430,934 17,493 23,937 41,430

Total

132,82433,84512,406

179,075

6,5289,105

55,12014,09712,6856,2194,138

161,4884,2172,1202,6072024

459,423

12941

472,364

Sec accompanying notes to consolidated financial statements

BOYS TOWN

Notes to Consolidated Financial Statements

December 31, 2013

(Dollar amounts in thousands)

(1) Nature of Operations

Father Flanagan's Boys' Home and its affiliates, a nonsectarian, not-for-profit organization governed by avolunteer board of trustees, operate as Boys Town. Boys Town's mission is to change the way Americacares for children, families, and communities by providing and promoting an Integrated Continuum ofCare that instills Boys Town values to heal body, mind, and spirit. Boys Town accomplishes this byproviding housing, care, treatment, support, and/or educational services for individual at-risk youth in itsresidential programs as well as working directly with at-risk families to provide them with the skills,resources, and supports necessary to help keep their family together. Boys Town's revenues are derivedfrom contributions, contracts, program service fees, and support from Father Flanagan's Fund for NeedyChildren (FFNC).

A description of the major program services is as follows:

Nebraska /Iowa Services consists of the Family Home Program, Intervention and AssessmentServices, In-home Family Services, Foster Family Services, and Community Support Servicesincluding Common Sense Parenting®, and the Center for Behavioral Health.

There are 60 family style Family Homes on the Home Campus, which is in the incorporated Villageof Boys Town, Nebraska (the Village). These homes have a total capacity over 400 youth. Six toeight troubled boys or girls from throughout the United States of America, with ages generallyranging from 8 to 18, live in a home with a specially trained professional married couple calledFamily Teachers. The couple provides treatment planning, skill development, spiritual guidance, afamily style environment, and love and care, with the help of an Assistant Family Teacher. Eachhome is monitored, evaluated, and advised by a Program Director and other support personnel. Thehomes are certified by the Council on Accreditation. Homes are not mixed by gender but are mixedby age, ethnic, and religious backgrounds. The program is also served by four Intervention andAssessment Homes, which provide short-term intervention and assessment services for youth. Inaddition to its residential program, the Home Campus also operates a Foster Family ServicesProgram, In-home Family Services, and Community Support Services programs.

The Home Campus also operates a Center for Behavioral Health, which in 2013, servedapproximately 3,300 youth and families with behavioral problems on an outpatient basis and is atraining center for doctoral level psychologists.

The Nebraska Families Collaborative (NFC) is a joint partnership between Boys Town, ChildSavings Institute, Heartland Family Service, Nebraska Family Support Network, and OMNIBehavioral Health. NFC receives cases from the Nebraska Department of Health and HumanServices child welfare system and is responsible for service coordination and case management of allchildren and families referred. The NFC works very closely with the service provider and the familyto ensure that safety, permanency, and well-being can be achieved. The NFC has been providingservice coordination and case management for children and families since November 2009. This pastyear NFC served approximately 3,200 children and families.

(Continued)

BOYS TOWN

Notes to Consolidated Financial Statements

December 31, 2013

(Dollar amounts in thousands)

The Home Campus Educational Program consists of the Boys Town High School and the WegnerMiddle School. The Village schools serve youth at Boys Town and provide academic and vocationaltraining skills necessary for contemporary society. All Boys Town's schools are fully accredited bythe state of Nebraska and the North Central Association. A full range of special education services isprovided to all youth who require this type of assistance.

The Boys Town Day School in the Village of Boys Town and the Duncan Day School in Duncan,Nebraska, serve youth who cannot receive education services in a public or alternative school settingdue to behavioral problems and academic deficiencies. These schools meet all requirements ofLevel III schools under Nebraska Department of Education's Rule 51 and currently educate studentsfrom multiple school districts in Nebraska and Iowa. These schools have also served parentallyplaced private youth and court placed youth. Boys Town served over 120 students in Day Schoolservices in 2013.

Programs across America directly served nearly 29,000 youth in Nebraska/Iowa and 10 affiliatedsites nationwide. These affiliated sites are: Boys Town California, Boys Town Central Florida, BoysTown Louisiana, Boys Town Nevada, Boys Town New England, Boys Town New York, BoysTown North Florida, Boys Town Florida, Boys Town Texas, and Boys Town Washington, DC.

Programs offered throughout the nation include Intervention and Assessment Services, Family HomeServices, Foster Family Services, In-Home Family Services, and Community Support Servicesincluding Common Sense Parenting®, Outpatient Behavioral Health Services, and NationalCommunity Support Services.

Boys Town invests and emphasizes quality through staff training, evaluation, and outcomes research

by having departments committed to the quality of Boys Town's programs. The Training and

Evaluation Department provides technical training, evaluation, and quality/control/quality assurance

of Boys Town's nationwide system of services. The Program Fidelity Department provides program

monitoring, consultation, and staff and program development to the ten program sites across

America.

National Community Support Services provides training and resources to parents, child careproviders, and educators throughout the United States and internationally. Services are offeredthrough Education and Common Sense Parenting training packages, and books from the Boys TownPress. In 2013, over 11,000 parents, teachers, administrators, and professionals were trained allowingBoys Town to indirectly impact approximately 140,000 children through this training.

Boys Town National Research Hospital (BTNRH) provides medical and surgical services at twohospital locations and six outpatient clinics in the Omaha, Nebraska, metropolitan area. BTNRH isrecognized internationally as a leader in communication disorder research and as a referral center forchildren with disorders of the ear, hearing and balance, cleft lip and palate, speech, and voice, aswell as related disabilities. BTNRH clinical programs served more than 44,000 children andadolescents in 2013 through a total of more than 208,000 patient visits.

Boys Town Pediatrics, BTNRH's group of pediatric physicians, provides primary care and specialtypediatric medical services at four clinic locations in the Omaha area.

(Continued)

BOYS TOWN

Notes to Consolidated Financial Statements

December 31, 2013

(Dollar amounts in thousands)

BTNRH also provides medically directed behavioral health services. These services include fourresidential treatment centers (RTC). The RTC East is located at the BTNRH downtown campus andhas the capacity to serve up to 47 youth. In October 2013, the newest RTC West was opened with anadditional 34 beds. This program is attached to the BTNRH west hospital. Additionally, BTNRHoperates two open staff secure RTCs located in Village of Boys Town - one home for 13 boys, andone home for 14 girls. Each of these RTCs is staffed with a multidisciplinary medical and behavioralhealth staff.

The Lied Learning and Technology Center for Childhood Deafness and Vision Disorders, a separate501(c)(3) corporation, is a research and treatment facility operated and occupied by BTNRHpersonnel.

Boys Town National Hotline and Public Services meets the informative and public service needs

of youth, parents, teachers, and youth professionals who are involved directly or indirectly with

helping youth.

The Boys Town National Hotline (the Hotline) at 1-800-448-3000 helps hundreds of thousands ofchildren and families throughout all 50 states each and every year. The Hotline provides toll freephone, as well as Web based, crisis service for troubled children and families. The Hotline receivedover 151,000 contacts in 2013. The Hotline operates 24 hours a day, 7 days a week, with trained,skilled, professional operators. The Hotline is equipped to handle calls from people who speak avariety of languages.

In an effort to reach the highest number of youth in need of assistance, through a medium morefrequently used by youth, the Boys Town National Hotline launched a Web site mid 2009 calledyourlifeyourvoice.org. In 2013, the Web site had over 300,000 visits. More than 14,000 youthcontacted the Hotline professionals for assistance through the Web site via e-mail or chat.

In addition to operating the Boys Town National Hotline, Boys Town also operates the NebraskaFamily Helpline. The Nebraska Family Helpline was conceived when Nebraska lawmakers realizedfamilies experiencing crises needed a central, knowledgeable place to go to get help or answers totheir questions. The Helpline counselors assist families in managing immediate crisis situations,make referrals, help them navigate government systems, and follow up with families to ensure theyreceived the help they needed. The Nebraska Family Helpline has been honored in the press and bythe legislature for its effective service to Nebraska families. Nearly 3,800 calls were made to theHelpline in 2013 from families seeking assistance.

(2) Summary of Significant Accounting Policies

The following is a summary of significant accounting policies used in the preparation of the consolidatedfinancial statements:

(a) Basis ofPresentation

The accompanying consolidated financial statements include the accounts of Father Flanagan'sBoys' Home, its affiliates (Boys Town California, Inc., Boys Town Central Florida, Inc., Boys Town

(Continued)

BOYS TOWN

Notes to Consolidated Financial Statements

December 31, 2013

(Dollar amounts in thousands)

North Florida, Inc., Boys Town Nevada, Inc., Boys Town New England, Inc., Boys Town Chicago,

Inc., Boys Town Texas, Inc., Boys Town Louisiana, Inc., Boys Town New York, Inc., Boys Town

Washington, D.C., Inc., and Father Flanagan's Boys Town, Florida, Inc.), Father Flanagan's Fund

for Needy Children (FFFNC), the Lied Learning and Technology Center for Childhood Deafness and

Vision Disorders, a separate 501(c)(3) corporation operating in support of BTNRH, and Nebraska

Families Collaborative (NFC), a separate nonprofit corporation in which Boys Town has a

controlling partnership interest. All intercompany balances and transactions have been eliminated in

consolidation. The accumulated noncontrolling interest of NFC is recognized in the consolidated

statement of financial position as part of net assets. The noncontrolling interest of NFC related to

decrease in unrestricted net assets was $771 for the year ended December 31, 2013.

(b) Basis ofAccounting

The accompanying consolidated financial statements have been prepared on the accrual basis ofaccounting. Resources are reported for accounting purposes into separate classes of net assets basedon the existence or absence of donor-imposed restrictions. Net assets that have similar characteristicshave been combined into similar categories.

• The unrestricted net assets account for resources over which the governing board has

discretionary control to use in carrying on the operations of Boys Town.

• The FFFNC support fund consists of unrestricted net assets, which the Board of Trustees havedetermined are to be retained for the exclusive purpose of providing financial support to thevarious Boys Town programs.

• The temporarily restricted net assets account for those resources currently available for use,but expendable only for purposes specified by the donor or grantor, or which will becomeavailable for use at a later time.

• The permanently restricted net assets represent the principal amount of gifts and bequestsaccepted with the donor stipulation that the principal be maintained intact and that only theincome from investment thereof be expended either for general purposes or for purposesspecified by the donor. Permanently restricted net assets also represent Boys Town's interestin perpetual trusts held by other trustees but which benefits Boys Town.

(c) Cash and Cash Equivalents

Cash and cash equivalents include investments with an original maturity of three months or lessexcept that such instruments purchased with endowment assets are classified as investments.

(d) Inventories

Inventories are valued at the lower of cost or market with cost determined principally on the first-in,first-out method.

10 (Continued)

BOYS TOWN

Notes to Consolidated Financial Statements

December 31, 2013

(Dollar amounts in thousands)

(e) Interest in Net Assets ofFather Flanagan 's Fundfor Needy Children

Because of Boys Town's relationship as FFFNC's sole member and the overall financial

interrelationship of the organization and FFFNC, Boys Town reports its interest in the net assets of

FFFNC in the consolidated statement of financial position, with corresponding changes in those net

assets reported in the accompanying consolidated statement of activities.

(9 Investments

Investments are reported at fair value. Valuations provided by external investment managers and thecustodian bank include observable market quotation prices, observable inputs other than quotedprices such as matrix pricing or indexes and other methods. Investments in securities traded on anational securities exchange are valued at the latest quoted market prices. For debt securities, ifquoted market prices are not available, the fair values are estimated using pricing models, quotedprices of similar securities with similar characteristics, or discounted cash flows. For alternativeinvestments in funds that do not have readily determinable fair values including private investments,hedge funds, real estate, and other funds, Boys Town estimates fair value using net asset value pershare or its equivalent as a practical expedient to fair value; however, it is possible that theredemption rights of certain investments may be restricted by the funds in the future in accordancewith underlying fund agreements.

Donated investments are reported at estimated fair value at the date of receipt. Realized gains andlosses on sales of investments are recognized in the consolidated statement of activities as specificinvestments are sold. Interest is recognized as earned. Dividend income is recognized on theex-dividend date. All realized and unrealized gains and losses and income arising from investmentsare recognized in the consolidated statement of activities as increases or decreases to unrestricted netassets unless their use is restricted by donor stipulation or law.

(g) Fair Value Measurements

Boys Town applies the provisions included in Financial Accounting Standards Board (FASB)Accounting Standards Codification (ASC) Topic 820, Fair Value Measurement, for fair valuemeasurements of financial assets and financial liabilities and for fair value measurements ofnonfinancial items that are recognized or disclosed at fair value in the consolidated financialstatements . Fair value is defined as the price that would be received to sell an asset or paid to transfera liability in an orderly transaction between market participants at the measurement date.

ASC Topic 820 establishes a fair value hierarchy that prioritizes the inputs to valuation techniquesused to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices inactive markets for identical assets or liabilities (Level 1 measurements) and the lowest priority tomeasurements involving significant unobservable inputs (Level 3 measurements). The three levels ofthe fair value hierarchy are as follows:

Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilitiesthat Boys Town has the ability to access at the measurement date.

11 (Continued)

BOYS TOWN

Notes to Consolidated Financial Statements

December 31, 2013

(Dollar amounts in thousands)

Level 2 inputs are inputs other than quoted prices included within Level 1 that are observablefor the asset or liability, either directly or indirectly.

Level 3 inputs are unobservable inputs for the asset or liability.

(h) Fair Value ofFinancial Instruments

The following methods and assumptions were used to estimate the fair value of each class offinancial instruments:

Cash and cash equivalents, investment income receivable, accounts receivable, prepaidexpenses, cash restricted for purchase of long-term assets, accounts payable, accruedliabilities, and deferred revenue: The carrying amounts approximate fair value because of theshort maturity of these instruments.

The carrying value of notes receivable approximates the fair value as the terms reflect currentmarket terms for similar notes. Investments are stated at fair value as discussed in note 2(f),note 3, and note 4. The carrying value of pledges receivable approximates fair value as themajority of these pledges were obtained within the previous three years and the discountedcash flows are reflective of current market rates for similar periods. The carrying value ofnotes payable approximates fair value since interest rates closely reflect market rates.

Beneficial interest in trust assets represents Boys Town's interest in assets held in perpetuityand remainder trust controlled by independent trustees. The estimated value is Boys Town'spercentage interest in the fair value of the underlying investments as reported by theindependent trustees.

Bonds payable were valued using quoted market prices for specific bonds. At December 31,2013, the carrying value of bonds payable did not differ materially from its estimated fairvalue.

(i) Land, Buildings, and Equipment

Land, buildings, and equipment are stated at cost, including capitalized interest when applicable. Forthe year ended December 31, 2013, Boys Town did not capitalize any interest. Provisions fordepreciation are computed using the straight-line method based on the estimated useful lives of theassets.

Gifts of long-lived assets such as land, buildings, or equipment are reported as unrestricted support,unless explicit donor stipulations specify how the donated assets must be used. Gifts of long-livedassets with explicit restrictions that specify how the assets are to be used and gifts of cash or otherassets that must be used to acquire long-lived assets are reported as restricted support. Absentexplicit donor stipulations about how long those long-lived assets must be maintained, expirations ofdonor restrictions are reported when the donated or acquired long-lived assets are placed into service.Contributions restricted to the purchase of property and equipment in which restrictions are metwithin the same year as received are reported as increases in unrestricted net assets.

12 (Continued)

BOYS TOWN

Notes to Consolidated Financial Statements

December 31, 2013

(Dollar amounts in thousands)

(j) Impairment ofLong-LivedAssets

Long-lived assets, such as property and equipment, are reviewed for impairment whenever events orchanges in circumstances indicate that the carrying amount of an asset may not be recoverable.Recoverability of assets to be held and used is measured by a comparison of the carrying amount ofan asset to estimated undiscounted future cash flows expected to be generated by the asset. If thecarrying amount of an asset exceeds its estimated future cash flows, an impairment charge isrecognized to the extent the carrying amount of the asset exceeds its fair value.

(k) Contributions

Contributions , unconditional promises to give (pledges), and donated properties and materials arerecorded as at their estimated fair value at date of donation. Donated advertising and airtime arerecorded as contribution revenues and program expense (professional fees) at their estimated fairvalue of $151,726, in the consolidated statement of activities . Donated advertising consists of radio,television, and print materials. Donated advertising is valued based on commercial rates paid byother organizations for comparable services , which are considered Level 2 inputs in the fair valuehierarchy . Management employs a third party to assist in the valuation and is based on 259,000airplays at an average of $0.59 per airplay.

All contributions are considered to be available for unrestricted use unless specifically restricted bythe donor. Amounts received that are designated for future periods or restricted by the donor forspecific purposes are reported as temporarily restricted or permanently restricted support thatincreases those net asset classes. However, if a restriction is fulfilled in the same time period inwhich the contribution is received, Boys Town reports the support as unrestricted.

Contributions of services are recognized if the services received 1) create or enhance nonfinancialassets or 2) require specialized skills, are provided by individuals possessing those skills, and wouldtypically need to be purchased if not provided by donation. In 2013, $167 of contributed serviceswas recognized.

(1) Net Patient Service Revenue

BTNRH has agreements with third-party payors that provide for payments at amounts different fromits established rates. Payment arrangements include prospectively determined rates per discharge,reimbursed costs, discounted charges, and per diem payments. Net patient service revenue isreported at the estimated net realizable amounts from patients, third-party payors, and others forservices rendered.

(m) Provision for Uncollectible Patient Accounts

The provision for uncollectible patient accounts is based upon BTNRH management's assessment ofexpected net collections considering the accounts receivable aging, historical collections experience,economic conditions, trends in healthcare coverage, and other collection indicators. Managementperiodically assesses the adequacy of the allowances for uncollectible accounts and contractualadjustments based upon historical write-off experience. The results of these reviews are used to

13 (Continued)

BOYS TOWN

Notes to Consolidated Financial Statements

December 31, 2013

(Dollar amounts in thousands)

establish the net realizable value of patient accounts receivable. BTNRH follows establishedguidelines for placing certain patient balances with collection agencies. Self-pay accounts are writtenoff as bad debt at the time of transfer to the collection agency. Deductibles and coinsurance areclassified as either third-party or self-pay receivables on the basis of which party has the primaryremaining financial responsibility, while the total gross revenue remains classified based on theprimary payor at the time of service. There are various factors that can impact collection trends, suchas changes in the economy, which in turn may have an impact on unemployment rates and thenumber of uninsured and underinsured patients, the increased burden of co-payments and deductiblesto be made by patients with insurance, and business practices related to collection efforts. Thesefactors continuously change and can have an impact on collection trends and the estimation process.Net patient accounts receivable have been adjusted to the estimated amounts expected to be collectedand do not bear interest.

(n) Income Taxes

Boys Town and its affiliates are exempt from federal income taxes under Section 501(c)(3) of theInternal Revenue Code. Boys Town accounts for uncertainties in accounting for income tax assetsand liabilities by recognizing the effect of income tax positions only if those positions are morelikely than not of being sustained. At December 31, 2013, Boys Town had no uncertain tax positionsaccrued.

(o) Pension and Other Postretirement Plans

Boys Town has two defined-benefit pension plans consisting of one for employees who retired priorto January 1, 1998, and the other for active employees as of January 1, 1998. Boys Town alsoprovides healthcare benefits for retired employees hired prior to January 1, 2002.

Boys Town records annual amounts relating to its pension and postretirement plans based oncalculations that incorporate various actuarial and other assumptions, including discounts rates,mortality, assumed rates of return, compensation increases, turnover rates, and healthcare cost trendrates. Boys Town reviews its assumptions on an annual basis and makes modifications to theassumptions based on current rates and trends when it is appropriate to do so. The effect ofmodifications to those assumptions is recorded in pension-related changes other than net periodicpension cost and amortized to net periodic cost over future periods using the corridor method. BoysTown believes that the assumptions utilized in recording its obligations under its plans arereasonable based on its experience and market conditions.

(p) Use ofEstimates

The preparation of consolidated financial statements in conformity with U.S. generally acceptedaccounting principles (GAAP) requires management to make estimates and assumptions that affectthe reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at thedate of the consolidated financial statements, and the reported amounts of revenues and expensesduring the reporting period . Actual results could differ from those estimates.

14 (Continued)

BOYS TOWN

Notes to Consolidated Financial Statements

December 31, 2013

(Dollar amounts in thousands)

(3) Fair Value Measurements

The following table presents assets that are measured at fair value on a recurring basis at December 31,2013:

December 31,2013 Level 1 Level 2 Level 3

Cash and cash equivalents $ 14,599 14,599 - -Investments (note 4) 1,040,072 293,478 230,365 516,229Beneficial interest in trust

assets 78 ,951 110 - 78,841Cash restricted for purchase

of long-term assets 187 187 - -

Total $ 1,133,809 308,374 230,365 595,070

Certain investments classified in Levels 2 and 3 consist of shares or units in investment funds as opposedto direct interests in the funds' underlying holdings, which may be marketable. Because the net asset valuereported by each fund is used as a practical expedient to estimate the fair value of Boys Town's interesttherein, its classification in Level 2 or 3 is based on Boys Town's ability to redeem its interest at or nearthe date of the consolidated statement of financial position. If the interest can be redeemed in less than90 days, the investment is classified in Level 2. The classification of investments in the fair value hierarchyis not necessarily an indication of the risks, liquidity, or degree of difficulty in estimating the fair value ofeach investment's underlying assets and liabilities.

Boys Town's policy is to reflect transfers between levels at the beginning of the year in which a change incircumstances results in the transfers. The following table presents Boys Town's activity for assetsmeasured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the yearended December 31, 2013:

Balance at December 31, 2012 $ 530,749Total realized and unrealized gains and

losses included in changes innet assets , net 73,926

Purchases 72,703Settlements (72,716)Transfers into and/or out of Level 3 (9,592)

Balance at December 31, 2013 $ 595,070

15 (Continued)

BOYS TOWN

Notes to Consolidated Financial Statements

December 31, 2013

(Dollar amounts in thousands)

Realized and unrealized gains (or losses) included in the increase of net assets for 2013 for assets andliabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) arereported in the consolidated statement of activities:

Total realized gains $ 15,534Change in unrealized gains or losses

relating to assets still held 50,873Change in value of beneficial

interest in trust assets 7,519

$ 73,926

During 2013, there were no transfers between Level 1 and 2 inputs.

(4) Investments

The primary management of all investments is performed by five professional investment advisors,ninety-three limited partnerships, five mutual funds, and four commingled trusts. Investment income isreported net of management fee expense of $1,621.

16 (Continued)

BOYS TOWN

Notes to Consolidated Financial Statements

December 31, 2013

(Dollar amounts in thousands)

The estimated fair value of investments and their level within the fair value hierarchy at December 31,2013 is as follows:

Total Level 1 Level 2 Level 3

Short-term securities:Money market $ 40,048 40,048 - -U.S. Agency fixed income 56,256 - 56,256 -

Total short-termsecurities 96,304 40,048 56,256 -

Long-term investments:Equities:

Domestic 113,012 113,012 - -Fixed income:

U.S. Treasury securities 31,051 31,051 - -Asset-backed 13 ,114 - 13,114 -Corporate and agency 17,079 1,743 15,336 -

Mutual funds:Equity 7,598 7,598 - -Fixed income 6,014 6,014 - -International 65,507 65,507 - -Emerging markets 28,505 28,505 - -

Alternative investments:Domestic equity funds 154,703 - - 154,703Absolute return funds 180, 161 - - 180,161International equity 160,171 - 140,872 19,299Private equity funds 90,105 - - 90,105Real assets 71,961 - - 71,961

Real estate 4,787 - 4,787 -

Total long-terminvestments 943,768 253,430 174,109 516,229

Total $ 1,040,072 293,478 230,365 516,229

17 (Continued)

BOYS TOWN

Notes to Consolidated Financial Statements

December 31, 2013

(Dollar amounts in thousands)

The estimated value of certain alternative investments and nonmarketable securities, such as partnerships,and closely held stock was provided by the respective companies and independent appraisals. For thesealternative investments, Boys Town used the net asset value (or its equivalent) reported by the underlyingfund to estimate the fair value of the investment. Below is a summary of investments accounted for at netasset value:

* Redemptionfrequency Redemption

Unfunded (if currently noticeFair value commitments eligible) period

Domestic equity funds (a) $ 154,703 - q/sa/a 15-90 daysAbsolute return funds (b) 180,161 - q/sa/a 7-180 daysInternational equity (c) 160,171 - m/q/sa 10-30 daysPrivate equity funds (d) 90,105 61,768 N/A N/AReal assets (e) 71,961 10,535 N/A N/A

$ 657,101 72,303

* in - monthly, q - quarterly, sa - semiannual, a - annual

(a) This class includes investments in funds that primarily invest in U.S. common stocks. Of this class,$108 million employ a long-short strategy. Of this balance, $10 million is restricted for the next 60months and $13 million is restricted for the next 25 months at which time it will be availablequarterly subject to a 45-day redemption notice.

(b) The class includes investments in funds that invest in a mix of securities including equities and fixedincome. The funds are primarily multistrategy in their approach and may include such tactics as riskarbitrage, distressed credit, and other long-short strategies. Of this balance, $10 million is restrictedfor the next 24 months and $5 million is restricted for the next 21 months.

(c) This class includes investments in funds that primarily invest in international common stocks. Ofthis class, $8 million of this class employ a long-short strategy.

(d) This class includes investments in private equity funds that invest primarily in private companies atvarious stages of development and maturity. These include funds pursuing a leveraged buyout,growth equity, or venture capital strategy through investments across the capital structure. Theseinvestments can never be redeemed with the fund. Distributions from each fund will be received asthe underlying investments of the funds are liquidated. It is estimated that the underlying assets ofthe fund will be liquidated over the next 4 to 7 years.

(e) This class includes real estate funds that employ a value-add strategy across multiple property typesincluding multifamily, office, industrial, and retail. It also includes energy funds that invest primarilyin interests of oil and gas properties. These investments can never be redeemed with the fund.Distributions from real estate funds will be received as the underlying investments of the funds areliquidated, and distributions from energy funds will be received from the production and marketing

18 (Continued)

BOYS TOWN

Notes to Consolidated Financial Statements

December 31, 2013

(Dollar amounts in thousands)

of oil and gas and upon final sale of the underlying interests in the properties. It is estimated that theunderlying assets of the fund will be liquidated over the next 3 to 7 years.

Due to the nature of the investments held by the funds, changes in market conditions and the economicenvironment may significantly impact the net asset value of the funds and, consequently, the fair value ofthe Boys Town's interests in the funds. Although a secondary market exists for these investments, it is notactive and individual transactions are typically not observable. When transactions do occur in this limitedsecondary market, they may occur at discounts to the reported net asset value. It is, therefore, reasonablypossible that if Boys Town were to sell these investments in the secondary market, a buyer may require adiscount to the reported net asset value, and the discount could be significant.

(5) Pledges Receivable

Unconditional promises to give are recorded at net realizable value. Conditional promises to give are notincluded as support until the conditions are substantially met. The discounts on those amounts arecomputed using a risk-free interest rate applicable to the years in which promises are received.Amortization of the discounts is included in contribution revenue.

Receivable balances as of December 31, 2013 are as follows:

ScholarshipProgramRestricted to future periods

Unconditional promises to give before unamortized discount

Less unamortized discount

Net unconditional promise to give

Amount due in:Less than one yearOne to five yearsOver five years

Total

Discount rates ranged from 0.39% to 4.43%.

(6) Net Patient Service Revenue

$ 6843

2,913

3,762

(68)

$ 3,694

1,9611,798

3

$ 3,762

BTNRH has agreements with third-party payors that provide for payments to BTNRH at amounts differentfrom its established rates. A summary of the payment arrangements with major third-party payors is asfollows:

Medicaid - Inpatient services rendered to Medicaid program beneficiaries are paid at prospectivelydetermined rates per discharge. Certain outpatient services are reimbursed based on a percentage rate

19 (Continued)

BOYS TOWN

Notes to Consolidated Financial Statements

December 31, 2013

(Dollar amounts in thousands)

representing the average discounted ratio of cost to charges. Clinic services are paid based on feeschedule amounts.

Revenue from the Medicaid program accounted for approximately 19% of BTNRH net patient servicerevenue for the year ended December 31, 2013. Laws and regulations governing the Medicaid program areextremely complex and subject to interpretation. As a result, there is at least a reasonable possibility thatrecorded estimates will change by a material amount in the near term.

BTNRH has also entered into payment agreements with certain commercial insurance carriers and healthmaintenance organizations. The basis for payment under these agreements includes discounts fromestablished charges, prospectively determined per diem rates, fee schedules, and prospectively determinedrates per discharge.

Net patient service revenue, included in program service revenues in the accompanying consolidatedstatement of activities, consists of the following:

Gross patient charges:Inpatient charges $ 87,604Outpatient charges 50,311Behavioral health/residential charges 22,343

Total gross patient charges 160,258

Less:Deductions from gross patient charges -

contractual adjustments - Medicare,Medicaid, and other 72,192

Net patient service revenue $ 88,066

Patient service revenue (net of contractual allowances and discounts but before the provision for baddebts), recognized in 2013 from these major payor sources, is as follows:

MedicaidCommercial insurance and other third-party payorsPatient (self-pay)

Patient service revenue (net of contractual allowance and discounts)

Provision for bad debt

Patient service revenue (net of contractual allowance, discounts,and provision for bad debts)

$ 16,99172,8641,126

90,981

(2,915)

$ 88,066

20 (Continued)

BOYS TOWN

Notes to Consolidated Financial Statements

December 31, 2013

(Dollar amounts in thousands)

(7) Land, Buildings , and Equipment, Net

Land, buildings, and equipment , net as of December 31, 2013 are as follows:

LandBuildingsEquipmentEquipment under capital leaseConstruction in process

Less accumulated depreciation

(8) Notes and Bonds Payable

$ 9,371206,95291,3191,092987

309,721

172,645

$ 137,076

Total notes and bonds payable as of December 31, 2013, excluding the capital lease obligations, aresummarized below:

(a) Term bond, Series 2005, due through September 1, 2030 $ 8,545(b) Term bond, Series 2008, September 15, 2028 6,740(c) Term bond, Series 2008, September 15, 2028 23,670(d) Term bond, Series 2010, due July 2030 10,335(e) Kubota Credit Corp, due September 2014 15(f) Wooldridge Property Partnership 11(g) Term Loan, unsecured due October 2015 1,775(h) Term Loan, unsecured due August 2021 714(i) Mortgage, secured by building, due September 2018 149(j) Seminole County, secured by building, forgivable June 21, 2020 900

Total debt 52,854

Unamortized discounts (969)

Total debt, net of discounts $ 51,885

(a) On September 1, 2005, revenue bonds of Hospital Authority No. 2 of Douglas County (Boys TownProject) were issued at a discount of $100 for net proceeds of $10,899. Unamortized discount atDecember 31, 2013 is $63. Interest is payable semiannually at rates that vary between 3.75% and4.15%. Bonds are callable starting September 1, 2015.

(b) On September 15, 2008, a term bond of Hospital Authority No. 2 of Douglas County, NebraskaHealthcare Revenue Bonds (Boys Town Project) was issued at a discount of $187 for net proceeds of$6,553. Unamortized discount at December 31, 2013 is $154. Interest is payable semiannually at4.75% per annum. Bonds are callable starting September 1, 2018.

21 (Continued)

BOYS TOWN

Notes to Consolidated Financial Statements

December 31, 2013

(Dollar amounts in thousands)

(c) On September 15, 2008, a term bond of Nebraska Elementary and Secondary School FinanceAuthority Educational Facility Revenue Bonds (Boys Town Project) was issued at a discount of$657 for net proceeds of $23,013. Unamortized discount at December 31, 2013 is $541. Interest ispayable semiannually at 4.75% per annum. Bonds are callable starting September 1, 2018.

(d) On November 11, 2010, a term bond of Nebraska Elementary and Secondary School FinanceAuthority Educational Facility Revenue Bonds (Boys Town Project) was issued at a discount of$237 for net proceeds of $10,099. Unamortized discount at December 31, 2013 is $211. Interest ispayable semiannually at 3.75% and 4.0% per annum.

(e) Payable in annual installments at a rate of 0%.

(f) Payable in monthly installments at a rate of 6% per annum.

(g) Payable in monthly installments at a rate of 3.4% per annum.

(h) Payable in monthly installments at a rate of 4.6% per annum.

(i) Payable in monthly installments at a rate of 3.1 % per annum.

(j) Interest is paid at 0% per annum. Imputed interest was calculated at 6.7%.

Boys Town had an irrevocable letter of credit of $3,085 as of December 31, 2013 in favor of its workers'compensation insurance carrier. No funds have been drawn as of December 31, 2013.

Boys Town had an available line of credit of $5,000 as of December 31, 2013 of which none was drawndown.

NFC had available line of credit of $1,000 as of December 31, 2013 of which none was drawn down.

FFFNC had an available line of credit of $15,000 as of December 31, 2013 of which no amount was drawndown.

The following table presents aggregate debt maturities as of December 31, 2013:

2014 $ 4912015 2,1002016 4222017 4372018 573Thereafter 48,831

Total debt $ 52,854

22 (Continued)

BOYS TOWN

Notes to Consolidated Financial Statements

December 31, 2013

(Dollar amounts in thousands)

(9) Pension Plans and Other Postretirement Benefit Plans

Boys Town sponsors a 401(k) plan and defined-benefit pension plans that together cover substantially allof its employees.

All participants of Boys Town's 401(k) plan receive a match of 100% up to 6% of the participant's

contributed salary on a monthly basis. Total employer expense to the 401(k) plan was $4,857 for the year

ended December 31, 2013.

Boys Town sponsors two defined-benefit pension plans consisting of one for employees who retired priorto January 1, 1998 and the other for active employees as of January 1, 1998. The plan assets for thepension plans are held in a master trust.

The benefits are based on the employees' years of service and highest sixty-month average compensation.Boys Town's policy is to fund, at a minimum, the net periodic pension cost. Boys Town also providescertain healthcare benefits for retired employees hired prior to January 1, 2002. The healthcare plan iscontributory with participants' contributions adjusted periodically. Boys Town's postretirement healthcareplan is not currently funded.

The following summarizes the projected benefit obligation, the fair value of plan assets, and the fundedstatus at the measurement date of December 31, 2013:

Pension Health carebenefits benefits

Change in benefit obligation:Benefit obligation at beginning of yearService costInterest costPlan participants' contributionsActuarial lossBenefits and expenses paidFederal subsidy and reinsurance receipts

Benefit obligation at end of year

Change in plan assets:Fair value of plan assets at beginning of yearActual return on plan assetsEmployer contributionPlan participants' contributionsBenefits and expenses paidTransfers out

Fair value of plan assets at end of year

Funded status at end of year

67,737952

2,636

(4,714)(3,503)

42,992702

1,530628

(5,457)(1,568)

217

63,108 39,044

93,42013,7591,847

(3,503)(370)

105,153

940628

(1,568)

$ 42,045 (39,044)

23 (Continued)

BOYS TOWN

Notes to Consolidated Financial Statements

December 31, 2013

(Dollar amounts in thousands)

The accumulated benefit obligation for all defined-benefit pension plans was $59,384 at December 31,2013. The accumulated post retirement obligation was $39,044 at December 31, 2013.

The projected benefit obligation, accumulated benefit obligation, and fair value of plan assets for thepension plan for active employees, which has an accumulated benefit obligations in excess of plan assets atDecember 31, 2013 was $58,718, $54,993, and $49,054, respectively.

The following is a summary of amounts recognized in the consolidated statement of financial position as ofDecember 31, 2013:

Pension Healthcarebenefits benefits

Pension asset $ 51,709 -Pension and postretirement benefits liability (9,664) (39,044)

Net amount recognized $ 42,045 (39,044)

Amounts recognized in the consolidated statement of activities for 2013 consist of the following:

Pension Healthcarebenefits benefits

Pension benefitPostretirement benefit obligation (cost) benefitFederal subsidyPension-related charges other than net periodic pension (cost)

benefit

$ 1,678 -- (1,592)- 78

12,838 4,739

$ 14,516 3,225

Amounts recognized in accumulated unrestricted net assets outside of net periodic pension cost consist ofthe following:

Pension Healthcarebenefits benefits

Net lossPrior service cost (credit)

Net amount recognized

$ 9,565233

$ 9,798

1,798(3,516)

(1,718)

24 (Continued)

BOYS TOWN

Notes to Consolidated Financial Statements

December 31, 2013

(Dollar amounts in thousands)

The following is a summary of the components of net periodic benefit cost for the year endedDecember 31, 2013:

Pension Healthcarebenefits benefits

Service cost $ 952 702Interest cost 2,636 1,530Expected return on plan assets (6,888) -Amortization of prior service cost 88 (718)Amortization of net loss 1,534 -

Net periodic (benefit) cost $ (1,678) 1,514

The estimated net (gain) loss and prior service cost (credit) that will be amortized from unrestricted netassets into net periodic benefit cost in 2013 are as follows:

Pension Healthcarebenefits benefits

Net loss $ - -Prior service cost (credit) 88 (718)

Net amount $ 88 (718)

Weighted average assumptions used to determine benefit obligations at December 31, 20 13 are as follows:

Pension Healthcarebenefits benefits

Discount rate 4.75% 4.75%Rate of compensation increase (employee plan only) 3.50 -

Weighted average assumptions used to determine net periodic cost for the year ended December 31, 2013are as follows:

Pension Healthcarebenefits benefits

Discount rate 4.00% 4.00%Expected long-term return on plan assets 7.50 -Rate of compensation increase (employee plan only) 3.50 -

25 (Continued)

BOYS TOWN

December 31, 2013

(Dollar amounts in thousands)

Assumed healthcare cost trend rate at December 31, 2013 is as follows:

Healthcare cost trend rate assumed for next year 8.0%Rate to which the cost trend rate is assumed to decline (the ultimate trend rate) 5.0Year that the rate reaches the ultimate trend rate 2017

A one percentage point change in assumed healthcare cost rates would have the following effect:

One percent One percentincrease decrease

Effect on service and interest cost $ 399 (335)Effect on postretirement benefit obligation 5,433 (4,701)

The expected long-term return on plan assets is based on the asset allocation mix and historical returns,taking into account current and expected market conditions. The actual return (loss) on pension plan assetswas approximately 14.7% in 2013. Boys Town's historical annualized five-year rate of return on planassets is approximately 11.9%.

Boys Town' s pension plan weighted average asset allocation at December 31, 2013 and target allocationfor 2013 are as follows:

Notes to Consolidated Financial Statements

Target Plan assets atallocation December 31,

2013 2013

Equity securitiesFixed incomeAlternative investments

Total

48%1735

100%

57%1825

100%

The investment strategy for pension plan assets is to maintain a broadly diversified portfolio designed toachieve a target of an average long-term rate of return of 7.5%. Management believes that Boys Town canachieve a long-term average rate of return of 7.5% but cannot be certain that the portfolio will perform toexpectations . Assets are strategically allocated between several equity asset classes and debt securities inorder to achieve a diversification level that mitigates wide swings in investment returns. Asset allocationtarget ranges are reviewed annually. Actual asset allocations are monitored and rebalancing actions areexecuted quarterly, if needed.

Investments in securities traded on a national securities exchange were valued at the latest quoted marketprices. The estimated value of certain nonmarketable securities such as partnerships and closely held stockor funds was provided by the respective companies and independent appraisals. For these investments,Boys Town used the net asset value reported by the underlying fund or partnership as a practical expedient

26 (Continued)

BOYS TOWN

Notes to Consolidated Financial Statements

December 31, 2013

(Dollar amounts in thousands)

to fair value. Due to the nature of these investments, changes in market conditions and the economicenvironment may significantly impact the net asset value of the investments and, consequently, the fairvalue of the Boys Town's interests. Although a secondary market exists for these investments, it is notactive and individual transactions are typically not observable. When transactions do occur in this limitedsecondary market, they may occur at discounts to the reported net asset value. It is, therefore, reasonablypossible that if Boys Town were to sell these investments in the secondary market, a buyer may require adiscount to the reported net asset value, and the discount could be significant.

The asset allocations of Boys Town's pension investments as of the December 31, 2013 measurement datewere as follows:

Fair value measurements at December 31, 2013Pension benefits - plan assets

Quotedprices inactive

markets for Significant Significantidentical observable unobservableassets inputs inputs

Total Level 1 Level 2 Level 3

Short-term securities $ 2,946 2,946 - -Long-term investments:

Equities:Domestic 3,276 3,276 - -

Mutual funds:Equity 4,529 4,529 - -Fixed income 15,597 15,597 - -International 11,319 11,319 - -Emerging markets 3,322 3,322 - -

Alternative investments:Domestic equity funds 25,973 - 4,149 21,824Absolute return funds 18,984 - - 18,984International equity 11,600 - 9,911 1,689Private equity funds 3,864 - - 3,864Real assets 3,743 - - 3,743

Total long-terminvestments 102,207 38,043 14,060 50,104

Total $ 105,153 40,989 14,060 50,104

Certain investments classified in Levels 2 and 3 consist of shares or units in investment funds as opposedto direct interests in the funds' underlying holdings, which may be marketable. Because the net asset valuereported by each fund is used as a practical expedient to estimate the fair value of Boys Town's interesttherein, its classification in Level 2 or 3 is based on Boys Town's ability to redeem its interest at or nearthe date of the consolidated statement of financial position. If the interest can be redeemed in the near term,

27 (Continued)

BOYS TOWN

Notes to Consolidated Financial Statements

December 31, 2013

(Dollar amounts in thousands)

the investment is classified in Level 2. The classification of investments in the fair value hierarchy is notnecessarily an indication of the risks, liquidity, or degree of difficulty in estimating the fair value of eachinvestment's underlying assets and liabilities.

During 2013, there were no transfers between investment levels. The following table presents the activityfor Boys Town's pension assets measured at fair value on a recurring basis using significant unobservableinputs (Level 3) for the year ended December 31, 2013:

Balance at December 31, 2012 $ 45,407Total realized gain 1,044Change in unrealized gain 5,181Purchases 4,152Settlements (5,680)Transfers into and/or out of Level 3 -

Balance at December 31, 2013 $ 50,104

The estimated value of alternative investments, such as partnerships, and hedge funds was provided by therespective fund managers. For these alternative investments, Boys Town used the net asset value (or itsequivalent) reported by the underlying fund as a practical expedient to fair value. Below is a summary ofinvestments accounted for at net asset value:

* Redemptionfrequency Redemption

Unfunded (if currently noticeFair value commitments eligible) period

Domestic equity funds (a) $ 25,973 - m/q/sa/a 15-90 daysAbsolute return funds (b) 18,984 - q/sa/a 7-180 daysInternational equity (c) 11,600 - m/q 10-30 daysPrivate equity funds (d) 3,864 488 N/A N/AReal assets (e) 3,743 812 N/A N/A

$ 64,164 1,300

* in - monthly, q - quarterly, sa - semiannual , a - annual

(a) This class includes investments in funds that primarily invest in U.S. common stocks. Of this class,$18 million employ a long-short strategy. Of this balance, $3 million is restricted for the next 25months at which time it will be available annually subject to a 45-day redemption notice.

(b) The class includes investments in funds that invest in a mix of securities including equities and fixedincome. The funds are primarily multistrategy in their approach and may include such tactics as riskarbitrage, distressed credit, and other long-short strategies. Of this class, $5 million is restricted forthe next 21 months.

28 (Continued)

BOYS TOWN

Notes to Consolidated Financial Statements

December 31, 2013

(Dollar amounts in thousands)

(c) This class includes investments in funds that primarily invest in international common stocks.

(d) This class includes investments in private equity funds that invest primarily in private companies atvarious stages of development and maturity. These include funds pursuing a leveraged buyout,growth equity, or venture capital strategy through investments across the capital structure. Theseinvestments can never be redeemed with the fund. Distributions from each fund will be received asthe underlying investments of the funds are liquidated. It is estimated that the underlying assets ofthe fund will be liquidated over the next 3 to 6 years.

(e) This class includes real estate funds that employ a value-add strategy across multiple property typesincluding multifamily, office, industrial, and retail. It also includes energy funds that invest primarilyin interests of oil and gas properties. These investments can never be redeemed with the fund.Distributions from real estate funds will be received as the underlying investments of the funds areliquidated, and distributions from energy funds will be received from the production and marketingof oil and gas and upon final sale of the underlying interests in the properties. It is estimated that theunderlying assets of the fund will be liquidated over the next 4 to 7 years.

In 2014, Boys Town expects to contribute $1,847 to the pension plan and $1,577 to its healthcare benefitplan and receive $243 in federal subsidy payments.

The following benefit payments and federal subsidy receipts, which reflect expected future service, asappropriate, are expected to be paid for the years 2014 through 2022:

Expectedfederal

Pension Healthcare subsidybenefits benefits receipts

2014 $ 3,500 1,577 2432015 3,752 1,697 2732016 3,811 1,787 2992017 3,943 1,897 3202018 4,244 1,975 348Years 2019 - 2023 22,434 10,735 406

(10) Temporarily Restricted Net Assets

Temporarily restricted net assets consist of gifts contributed for a specified period or until the occurrenceof some future event.

29 (Continued)

BOYS TOWN

Notes to Consolidated Financial Statements

December 31, 2013

(Dollar amounts in thousands)

Temporarily restricted net assets are available for the following purposes at December 31, 2013:

General education and scholarships $Specific program activitiesBeneficial interest in assets held in trust -

general operationsFuture periodsCapital

20,9762,29713,026

2,837196

$ 39,332

Net assets were released from donor restrictions by incurring expenses satisfying the restricted purposes orby occurrence of other events specified by the donors for the year ended December 31, 2013:

Capital $ 11,648Specific program activities 208General education 69General operations 2,334

$ 14,259

(11) Permanently Restricted Net Assets

Permanently restricted net assets consist of long-term investments and beneficial interest in assets held byothers that are restricted by the donors. The restrictions require that the resources be maintainedpermanently but permit use of the income derived from the assets.

Permanently restricted net assets consist of the following at December 31, 2013, the income from which isexpendable to support:

General operations $ 69,126General education and scholarships 4,057Direct care of children 733

(12) Endowment

$ 73,916

The Nebraska Uniform Prudent Management of Institutional Funds Act (NUPMIFA) sets out guidelines tobe considered when managing and investing donor-restricted endowment funds.

Boys Town holds endowment funds for support of its programs and operations. As required by generallyaccepted accounting principles, net assets and the changes therein associated with endowment funds,including funds designated by the Board of Trustees to function as endowments, and beneficial interest intrust assets are classified and reported based on the existence or absence of donor-imposed restrictions. The

30 (Continued)

BOYS TOWN

Notes to Consolidated Financial Statements

December 31, 2013

(Dollar amounts in thousands)

funds classified as beneficial interest in trust funds are not under the control of Boys Town, and as such,Boys Town does not appropriate these funds or control their investment policies.

The Board of Trustees of Boys Town has interpreted NUPMIFA as allowing Boys Town to appropriate forexpenditure or accumulate so much of an endowment fund as Boys Town determines is prudent for theuses, benefits, purposes, and duration for which the endowment is established, subject to the intent of thedonor as expressed in the gift instrument. As a result of this interpretation, Boys Town classifies aspermanently restricted net assets the original value of gifts donated to the permanent endowment and theoriginal value of subsequent gifts to the permanent endowment. Interest, dividends, and net appreciation ofthe donor-restricted endowment funds are classified according to donor stipulations, if any. Absent anydonor-imposed restrictions, interest, dividends, and net appreciation of donor-restricted endowment fundsare classified as temporarily restricted net assets until those amounts are appropriated for expenditure byBoys Town in a manner consistent with the standard of prudence prescribed by NUPMIFA. In accordancewith NUPMIFA, Boys Town considers the following factors in making a determination to appropriate oraccumulate donor-restricted endowment funds:

(1) the duration and preservation of the endowment fund

(2) the purposes of Boys Town and the donor-restricted endowment fund

(3) general economic conditions

(4) the possible effect of inflation or deflation

(5) the expected total return from income and the appreciation of investments

(6) other resources of Boys Town

(7) the investment policy of Boys Town

Endowment Net Asset Composition by Type of Fund

December 31, 2013

Temporarily PermanentlyUnrestricted restricted restricted Total

Donor-restricted endowmentfunds $ -

Board-designated endowmentfunds 927,694

6,725 8,102 14,827

- - 927,694

Total funds $ 927,694 6,725 8,102 942,521

31 (Continued)

BOYS TOWN

Notes to Consolidated Financial Statements

December 31, 2013

Endowment net assets,beginning of year

Investment return:Investment incomeNet appreciation/depreciation

(realized and unrealized)

Total investmentreturn

Other revenuesAppropriation of endowment

assets for expenditureNew designations

Endowment net assets,end of year

(Dollar amounts in thousands)

Changes in Endowment Net Assets

Year ended December 31, 2013

TemporarilyUnrestricted restricted

$ 839,243 5,666

17,055 140

114,902 1,022

Permanentlyrestricted Total

7,910 852,819

- 17,195

- 115,924

131,957 1,162 - 133,119

139 1 - 140

(43,645) (104) (3) (43,752)- - 195 195

$ 927,694 6,725 8,102 942,521

(a) Return Objectives and Risk Parameters

Boys Town has adopted investment and spending policies for endowment assets that attempt toprovide a predictable stream of funding to programs supported by its endowment while complyingwith all donor-imposed restrictions. Under this policy, as approved by the Board of Trustees, theendowment assets are invested in a manner that is intended to produce results that exceed inflationplus the long-term spending rate.

(b) Strategies Employedfor Achieving Objectives

To satisfy its long-term rate-of-return objectives, Boys Town relies on a total return strategy inwhich investment returns are achieved through both capital appreciation (realized and unrealized)and current yield (interest and dividends). Boys Town targets a diversified asset allocation thatplaces a greater emphasis on equity-based investments to achieve its long-term return objectiveswithin prudent risk constraints.

(c) Appropriation Policy andHow the Investment Objectives Relate to Appropriation Policy

Boys Town preserves the whole dollar value of the original gift as of the gift date of donor-restrictedendowments, absent explicit donor stipulations to the contrary. Interest, dividend, and netappreciation of the donor-restricted endowments funds are deemed appropriated for expenditurewhen earned or when donor-imposed restriction is met.

32 (Continued)