2020-09-16T12:00:09-05:00 2019-12-31 850400496 Fierro & Fierro PA 527 Brown Road Las Cruces NM 880052948 990 2019-01-01 204867395 Cowboys for Cancer Research Inc COWB 5756425696 PO Box 202 Dona Ana NM 88032 Joe Delk President 5756425696 2020-08-26 1 Rose Fierro P00286647 5755250313 96.92.74.249 2020-08-26 10:17:49 MD P 8919576205CF9D0FBA12CE13B54EFB8985CE911A 137BDFC16377DB0BD5B0271364ABB2A64D14DC49 2019 2021-01-29 14:40:06Z Joe Delk PO Box 202 Dona Ana NM 88032 1170830 0 X www.c4cr.com X 2005 NM To raise funds to further cancer research and treatment in New Mexico. 13 11 0 75 0 0 198629 952527 0 0 85 2835 38384 17276 237098 972638 0 745585 0 0 89815 93422 0 0 95408 19394 34496 109209 873503 127889 99135 254476 353343 241 2334 254235 351009 X Dedicated to raising money to support on-going cancer research projects at New Mexico State University and UNM Cancer Center in New Mexico. 0 0 745585 745585 The organization raises funds for cancer research. The fundraising campaigns are conducted annually in the fall and the monies available for the program (research) are distributed in the subsequent year. During 2019, the organization distributed $585,585 from the 2018 campaign to the University of New Mexico. These monies serve to benefit the research and patient care activities of the UNM Cancer Research and Treatment Center. Additionally, the organization distributed $160,000 from the 2018 campaign to New Mexico State University to fund cancer research projects. Of the total combined contributions of $745,585, $215,000 was given for immediate use on cancer research projects at each respective University. The balance of $530,585 funded two permanent endowed professorships held by the University of New Mexico Foundation Inc. 745585 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 40 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 13 11 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 NM X Geraldine Calhoun 5756425696 PO Box 202 Dona Ana NM 88032 X Lynn Fletcher President 6.00 X X 0 0 0 Bryan Bagwell Vice-President 4.00 X X 0 0 0 Reta Warren Treasurer 2.00 X X 0 0 0 Kim Hoffman Secretary 2.00 X X 0 0 0 Margaret Feind Director 5.00 X 0 0 0 Brandan Bagwell Director 2.00 X 0 0 0 Ralph Richards Director 2.00 X 0 0 0 Matt Saenz Director 2.00 X 0 0 0 Denny Calhoun Co-Exec Director 30.00 X 46631 0 5553 Geraldine Calhoun Co-Exec Director 40.00 X 36721 0 4517 Rusty Gray Director 2.00 X 0 0 0 Julie Gray Director 2.00 X 0 0 0 Debra Widger Director 2.00 X 0 0 0 83352 0 10070 0 0 0 0 0 62420 890107 46156 952527 2835 2835 204122 62420 190060 14062 14062 11346 8132 3214 3214 972638 3214 0 16897 745585 745585 93422 19484 73938 2100 2100 2031 2031 650 400 250 1094 1094 932 932 4413 4413 290 290 756 756 In-kind contributions - 7009 7009 In-kind contributions - 5489 5489 In-kind contributions - 2786 2786 Payment Processing Fees 2146 2146 4800 1010 3790 873503 745585 32510 95408 248539 225460 118371 1930 5937 6801 781 254476 353343 241 2334 241 2334 X 254235 351009 254235 351009 254476 353343 99135 -2361 0 X X 0 1 X 1 0 X 519724 440693 257945 198629 340339 1757330 519724 440693 257945 198629 340339 1757330 141077 1616253 231 438 232 85 2835 3821 1761151 9218 0.91770 0.92130 X Schedule A, Part VI, List of Unusual Grants: Description: One-time bequest Date: 01/30/19 Amount: 495585. Description: One-time bequest Date: 07/15/19 Amount: 116603. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 1190311 48474 215468 263942 926369 46269 46269 972638 1091176 48474 198192 246666 844510 28993 28993 873503 Part X, Line 2: The organization's activities are generally exempt from federal income taxes under 501(c)(3) of the Internal Revenue Code. There was no unrelated business income for the tax year 2019. In addition, the organization does not have any uncertain tax positions for the tax year 2019 and as such, did not record any liabilities for uncertain tax positions under FIN 48. Part XI, Line 2d - Other Adjustments: Gross income from fundraising events 204,122. Gross income from inventory sales 11,346. Part XI, Line 4b - Other Adjustments: Net income from fundraising events 14,062. Net income from sales of inventory 3,214. FMV of items used at a charitable auction 28,991. Rounding 2. Part XII, Line 2d - Other Adjustments: Cost of goods sold of inventory 8,132. Direct expenses of fundraising events 190,060. Part XII, Line 4b - Other Adjustments: FMV of items used at a charitable auction 28,991. Rounding 2. Cowboy Team Roping 157316 24500 132816 100488 1280 22331 Dinner Dance 68276 28700 39576 4963 12720 3000 30835 40950 9220 31730 1448 8064 1080 3851 266542 62420 204122 101936 14307 13800 3000 57017 190060 14062 1 University of NM FoundationInc 700 Lomas Blvd NE Ste 108 Albuquerque NM 87131 850275408 (3) 585585 Cancer Research NM State University FoundationInc PO Box 3590 Las Cruces NM 88003 850170157 (3) 160000 Cancer Research Part I Line 2 Procedures for Monitoring the Use of Grant Funds The Organization's program distributions are made to four University endowment funds held by the institutions listed in Part II, set up specifically to further the Organization's exempt purpose of cancer research and cancer patient care. The Organization's Board of Directors meets regularly with representative from both institutions to hear grant proposals for future distributions and to review the results and progress with prior distributions. X Silent auction items 317 28991 Donors' Estimates of X In-kind tangible goods 17 17165 Donors' Estimates of 0 0 0 Form 990, Part VI, Section A, line 2 Form 990, Part VI, Line 2 - Related Party Information Among Officers: Between Bryan Bagwell, Vice-President and Brandan Bagwell, Director, there is a family (brothers) relationship. Between Lynn Fletcher, President and Margaret Feind, Director, there is a family (sisters) relationship. Between Ralph Richards, Director and Reta Warren, Director, there is a family (siblings) relationship. Between Denny and Geraldine Calhoun, Co-Executive Directors, there is a marital relationship. Form 990, Part VI, Section B, line 11b Form 990, Part VI, Line 11b - Organization's Process to Review Form 990 The Organization's Co-Executive Directors carefully review Form 990 and the related schedules with the preparer prior to filing. A copy of the return is provided to the entire Board of Directors for final review before filing. Form 990, Part VI, Section B, line 12c Form 990, Part VI, Line 12c - Enforcement of Conflict of Interest Policy The Board of Directors annually review the Conflict of Interest Policy at a Board of Directors meeting. During the year if potential conflicts are identified, the Board addresses them in accordance with the policy. Form 990, Part VI, Section C, line 19 Form 990, Part VI, Line 19 - Governing Documents Disclosure Explanation The Organization makes its governing documents, policies and financial statements available to the public upon request by interested parties. Additionally, the Organization's Independent Auditor's Reports (when required), IRS Tax Forms, Articles of Incorporation, By Laws, IRS Determination Letter and IRS Tax Exemption Application (For 1023) are available online through the New Mexico Attorney General's Office. Form 990, Part VII Additional Information during 2019, the Organization paid $93,422 to the University of New Mexico (UNM) for reimbursement of the University's cost of employing James D. Calhoun and Geraldine Calhoun in their capacity as Co-Executive Directors of the Organization. Per the Organization's written agreement with the University, the reimbursements are paid quarterly in advance. The payments made during 2019 represent reimbursements for all four quarters of 2019. The compensation reported on form 990 page 7 in section A reflects the amounts reported to the individuals by the UNM in Box 5 of their respective 2019 form W-2. The University of New Mexico is not a "related organization" as described in the instructions for Form 990, Schedule R. Cowboys for Cancer Research, Inc (filing Organization) distributes fundraising money to the UNM Cancer Center to fund cancer research projects in New Mexico and adds to the Alma Cohorn Memorial/Cowboys for Cancer Research Endowment owned and held by the UNM Cancer Center in fulfillment of the Organization's tax exempt purpose. While James D. Calhoun and Geraldine Calhoun have served as Co-Directors of Cowboys for Cancer Research, Inc. in past years, their 2019 compensation was not for their roles as former directors, rather it was for their 2019 roles as "Top Managment Officials" as defined in the Form 990 instructions. They do not meet the definition of "Former" as defined in the Form 990 instructions for Part VII. While they are also board members, they are not voting board members. They do not meet the definitions of "Key Employee or "Highest Compensated Employee". Form 990 Part XII Line 2c The finance committee of the board is responsible for oversight of the audit of its financial statements and the selection of an independent certified public accountant. This oversight process has not changed during the tax year.