2016-08-04T14:24:25-05:00 2016-03-31 410746749 CLIFTONLARSONALLEN LLP 20 E THOMAS RD STE 2300 PHOENIX AZ 85012 990 2015-04-01 860902767 VALLEY OF THE SUN BOWL FOUNDATION VALL 4803500900 7135 E CAMELBACK ROAD NO 190 SCOTTSDALE AZ 85251 MICHAEL J NEALY EXECUTIVE DIRECTOR 4803500900 2016-07-18 1 JACQUELINE ECKMAN P01300648 6022662248 2015 2017-02-10 21:41:12Z CACTUS BOWL MICHAEL J NEALY 7135 E CAMELBACK ROAD NO 190 SCOTTSDALE AZ 85251 4415346 0 X HTTPS://WWW.FIESTABOWL.ORG/CACTUS-BOWL.PHP X 2001 AZ VALLEY OF THE SUN BOWL FOUNDATION IS COMMITTED TO FOSTERING A CULTURE OF COMMUNITY INVOLVEMENT AND GIVING. 28 28 0 1000 7500 5862 1500 0 3866842 4397898 0 0 17928 17448 3886270 4415346 992 153 0 0 500776 578051 0 0 0 4270260 4073454 4772028 4651658 -885758 -236312 323306 290899 16202169 16406074 -15878863 -16115175 VALLEY OF THE SUN BOWL FOUNDATION IS COMMITTED TO FOSTERING A CULTURE OF COMMUNITY INVOLVEMENT AND GIVING THROUGH THE ANNUAL CACTUS BOWL AND RELATED EVENTS. WE SERVE AS WELCOMING HOSTS, CREATE LIFELONG MEMORIES, PROMOTE ARIZONA, AND ENABLE MEANINGFUL CONTRIBUTIONS TO SOCIETY. 0 0 4289805 153 3372572 VSBF ANNUALLY STAGES THE CACTUS BOWL, WHICH MATCHES TEAMS FROM THE BIG 12 AND PAC 12 CONFERENCES. THE GAME WAS PLAYED AT CHASE FIELD IN PHOENIX, ARIZONA. THE 27TH ANNUAL CACTUS BOWL WAS PLAYED ON JANUARY 2, 2016 IN FRONT OF A CROWD OF 39,321. THE WEST VIRGINIA MOUNTAINEERS DEFEATED THE ARIZONA STATE SUN DEVILS 43-42. THE GAME WAS TELEVISED BY ESPN. 4289805 1 0 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 X 37 0 1 0 1 1 0 0 0 0 0 0 0 0 0 X 28 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 AZ X X CURT KRIZAN 4803500900 7135 E CAMELBACK ROAD NO 190 SCOTTSDALE AZ 85251 RAY ARTIGUE DIRECTOR AT-LARGE 1.00 5.00 X 0 0 0 NIKKI BALICH SECRETARY 1.00 5.00 X X 0 0 0 PATRICK BARKLEY TREASURER 1.00 5.00 X X 0 635 0 BRETT BENTON DIRECTOR AT-LARGE 1.00 5.00 X 0 610 0 JUDY BERNAS DIRECTOR 1.00 5.00 X 0 1360 0 JIM BRUNER DIRECTOR 1.00 5.00 X 0 835 0 JOHN CURRIE DIRECTOR 1.00 5.00 X 0 0 0 ANN DAMIANO DIRECTOR 1.00 5.00 X 0 1110 0 GONZALO DE LA MELENA DIRECTOR 1.00 5.00 X 0 0 0 BRIAN HALL IMMEDIATE PAST CHAIR 1.00 5.00 X X 0 1360 0 GARY HANSON DIRECTOR 1.00 5.00 X 0 0 0 JAMES HATFIELD DIRECTOR 1.00 5.00 X 0 0 0 MIKE HECOMOVICH CHAIR ELECT 1.00 5.00 X X 0 0 0 RICHARD HORN DIRECTOR 1.00 5.00 X 0 0 0 COLLEEN JENNINGS-ROGGENSACK DIRECTOR 1.00 5.00 X 0 0 0 LARRY JOHNSON DIRECTOR 1.00 5.00 X 0 1060 0 DEREK KERR DIRECTOR 1.00 5.00 X 0 0 0 STEVE LEACH DIRECTOR 1.00 5.00 X 0 0 0 ROB LONGO DIRECTOR 1.00 5.00 X 0 0 0 ANDY MCCAIN IMMEDIATE PAST CHAIR 1.00 5.00 X X 0 0 0 CHUCK O'CONNER DIRECTOR 1.00 5.00 X 0 0 0 JAY PARRY DIRECTOR 1.00 5.00 X 0 0 0 RAMEY PERU DIRECTOR 1.00 5.00 X 0 0 0 MARCUS SIPOLT DIRECTOR 1.00 5.00 X 0 1435 0 ANDREW STEGEN DIRECTOR 1.00 5.00 X 0 0 0 MATT WINTER CHAIR (3/20/15-3/31/16) 1.00 5.00 X X 0 0 0 RON MINEGAR DIRECTOR 1.00 5.00 X 0 0 0 KELLY MERO DIRECTOR 1.00 5.00 X 0 0 0 RANDY NORTON DIRECTOR 1.00 5.00 X 0 0 0 BRYAN SPERBER DIRECTOR 1.00 5.00 X 0 0 0 DENISE SEOMIN DIRECTOR 1.00 5.00 X 0 1020 0 MIKE WILCOX DIRECTOR 1.00 5.00 X 0 0 0 MICHAEL NEALY EXECUTIVE DIRECTOR 4.00 36.00 X 0 470327 25334 CURT KRIZAN CHIEF FINANCIAL OFFICER 4.00 36.00 X 0 243142 25881 SHANNON WILLIAMS CHIEF MARKETING OFFICER 4.00 36.00 X 0 183851 10524 BOB WHITEHOUSE VP OF OPERATIONS 4.00 36.00 X 0 211390 18299 TRACY GUERRA SR. DIR OF GAME & EVENTS 4.00 36.00 X 0 134612 15851 PEGGY EYANSON SR. DIRECTOR OF BUSINESS OPS 4.00 36.00 X 0 110257 9860 JUSTIN BRICKNER VP OF SALES 4.00 36.00 X 0 118950 8707 STEPHANIE JOHNSON CONTROLLER 4.00 36.00 X 0 113075 12545 0 1595029 127001 0 0 1 0 PERFORMANCE AWARD CENTER PO BOX 961094 FT FORTH TX 76161 HOSPITALITY 183119 PRO EM LLC 1450 E GRANT ST PHOENIX AZ 85034 SECURITY SERVICES 166645 SODEXO PO BOX 874305 TEMPE AZ 85287 CATERING SERVICES 131080 3 GAME REVENUE 711300 3308473 3308473 QUALIFIED SPONSORSHIPS 711300 1017826 1017826 AKNOWLEDGEMENTS 711300 64099 64099 ADVERTISING 711300 7500 7500 4397898 17448 17448 4415346 3372572 7500 1035274 153 153 101807 84500 17307 388548 322495 66053 56159 46612 9547 31537 26176 5361 3316 3316 11024 11024 86988 86988 200294 200294 51923 51923 40463 40463 41018 41018 27151 27151 38015 38015 64014 64014 56283 56283 GAME EXPENSES 3192691 3192691 GAME PROMOTIONS & HOSPI 235598 235598 DUES & SUBSCRIPTIONS 25580 25580 OTHER EXPENSES -904 -904 4651658 4289805 361853 0 194944 247622 127414 9702 948 4219 120881 91525 0 29356 323306 290899 95116 279 149607 268615 15957446 16137180 16202169 16406074 X -15878863 -16115175 -15878863 -16115175 323306 290899 -236312 0 X X 0 1 X 1 0 X 1000 2000 1500 4500 4741381 4071376 4346767 3004439 3372572 19536535 1694073 2558334 2608993 838265 1017826 8717491 6436454 6631710 6955760 3844204 4390398 28258526 2527126 3676570 3887011 1018100 1567775 12676582 209520 586117 233334 1028971 2736646 3676570 3887011 1604217 1801109 13705553 14552973 43374 18221 65589 17928 17448 162560 20554 5862 26416 43374 18221 65589 38482 23310 188976 6479828 6649931 7021349 3882686 4413708 28447502 0.51160 0.49660 0.00660 0.00810 X X 0 0 0 0 0 0 4651658 31349435 4651658 31349435 382583 1000000 95646 250000 0 0 0 0 1000000 1000000 1000000 1000000 4000000 6000000 250000 250000 250000 250000 1000000 1500000 120881 91525 29356 29356 INTERCOMPANY PAYABLE 16137180 16137180 X PART X, LINE 2: THE FOUNDATION FOLLOWS THE ACCOUNTING STANDARD FOR UNCERTAIN TAX POSITIONS. THE FOUNDATION RECOGNIZED NO LIABILITY FOR UNCERTAIN TAX POSITIONS AS OF MARCH 31, 2016. 0 0 0 0 0 0 0 0 0 MICHAEL NEALY EXECUTIVE DIRECTOR 0 328158 0 141000 0 1169 0 13271 0 12063 0 495661 0 0 CURT KRIZAN CHIEF FINANCIAL OFFICER 0 187157 0 53800 0 2185 0 13818 0 12063 0 269023 0 0 SHANNON WILLIAMS CHIEF MARKETING OFFICER 0 136881 0 45000 0 1970 0 4461 0 6063 0 194375 0 0 BOB WHITEHOUSE VP OF OPERATIONS 0 151280 0 58050 0 2060 0 6236 0 12063 0 229689 0 0 TRACY GUERRA SR. DIR OF GAME & EVENTS 0 112740 0 21000 0 872 0 8123 0 7728 0 150463 0 0 PART I, LINE 3 ARIZONA SPORTS FOUNDATION (ASF) DETERMINED COMPENSATION OF THE EXECUTIVE DIRECTOR USING A COMPENSATION COMMITTEE, FORM 990 OF OTHER ORGANIZATIONS, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY/STUDY, AND APPROVAL BY BOARD/COMPENSATION COMMITTEE. SCHEDULE J, PART II FOR PAYROLL TAX PURPOSES, THE ARIZONA SPORTS FOUNDATION (ASF) PAYS ALL EMPLOYEES OF ASF AND ITS RELATED ORGANIZATIONS: VALLEY OF THE SUN BOWL FOUNDATION, FIESTA EVENTS, INC. AND ARIZONA COLLEGE FOOTBALL CHAMPIONSHIP FOUNDATION. ALLOCATIONS OF OFFICER, KEY EMPLOYEE AND STAFF COMPENSATION ARE MADE IN ACCORDANCE WITH THE EMPLOYEES' AVERAGE TIME DEVOTED TO EACH OF THE ORGANIZATIONS. CERTAIN EMPLOYEES OF AZ 2016 COLLEGE FOOTBALL CHAMPIONSHIP LLC, A SINGLE MEMBER LLC WHOLLY OWNED BY THE ARIZONA COLLEGE FOOTBALL CHAMPIONSHIP FOUNDATION (ACFCF), WERE PAID AND REPORTED FOR PAYROLL TAX PURPOSES BY THE LLC AND HAVE BEEN REPORTED ON THE 990 FOR THE ACFCF. FORM 990, PART V, LINE 2A & B AND PART IX, COMPENSATION LINES: THE EMPLOYEES DEVOTING TIME TO ARIZONA SPORTS FOUNDATION (ASF) AND ITS RELATED AFFILIATES (ARIZONA COLLEGE FOOTBALL CHAMPIONSHIP FOUNDATION (ACFCF), FIESTA EVENTS, INC (FEI), AND VALLEY OF THE SUN BOWL FOUNDATION (VSBF)) ARE ALL EMPLOYEES OF THE ASF FOR PAYROLL TAX PURPOSES. COSTS RELATED TO PERSONNEL ARE SHARED AMONGST ALL AFFILIATED ENTITIES AND ARE REPORTED ON PART IX AS EMPLOYEE RELATED EXPENSES. FORM 990, PART VI, SECTION A, LINE 1 THE BOARD OF DIRECTORS DELEGATES BOARD AUTHORITY TO AN EXECUTIVE COMMITTEE. THE PURPOSE OF THE EXECUTIVE COMMITTEE SHALL BE TO MAKE ROUTINE BUSINESS DECISIONS FOR AND ON BEHALF OF THE BOARD OF DIRECTORS AND THE CORPORATION. ALL MEMBERS OF THE EXECUTIVE COMMITTEE SHALL BE DIRECTORS. THE EXECUTIVE COMMITTEE SHALL NOT BE AUTHORIZED, WITHOUT THE APPROVAL OF A MAJORITY VOTE OF THE DIRECTORS PRESENT, IN PERSON OR BY PROXY, AT A DULY CONVENED MEETING AT WHICH A QUORUM IS PRESENT, TO TAKE ANY ACTIONS THAT REQUIRE THE APPROVAL OF THE BOARD OF DIRECTORS OF THE CORPORATION. THE MEMBERS OF THE EXECUTIVE COMMITTEE SHALL INCLUDE THE CHAIRMAN, IMMEDIATE PAST CHAIRMAN, CHAIRMAN-ELECT, TREASURER, SECRETARY, THE CHAIRS OF THE NOMINATING AND GOVERNANCE COMMITTEE AND AUDIT & COMPLIANCE COMMITTEE, AND TWO OTHER DIRECTORS NOMINATED BY THE CHAIRMAN AND APPROVED BY THE BOARD OF DIRECTORS FROM TIME TO TIME. THE CHAIRMAN SHALL SERVE AS THE CHAIRMAN OF THE EXECUTIVE COMMITTEE. ALL OTHER ASPECTS OF THE FUNCTION AND PROCEDURES OF THE EXECUTIVE COMMITTEE SHALL BE DECIDED BY THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE, TO THE EXTENT DELEGATED SUCH POWERS BY THE BOARD OF DIRECTORS, MAY AUTHORIZE ANY OFFICER OR AGENT OF THE CORPORATION TO ENTER INTO ANY CONTRACT OR TO EXECUTE AND DELIVER ANY INSTRUMENT IN THE NAME OF AND ON BEHALF OF THE CORPORATION. ADDITIONALLY, CERTAIN MEMBERS OF THE EXECUTIVE COMMITTEE ARE AUTHORIZED TO SIGN CHECKS AND AUTHORIZE DEPOSITS OF FUNDS. FORM 990, PART VI, SECTION B, LINE 11 THE RETURN IS PREPARED AND REVIEWED BY CLIFTONLARSONALLEN LLP FOLLOWED BY MANAGEMENT'S FINAL REVIEW. ONCE THE RETURN IN COMPLETED AND REVIEWED, THE FORM 990 IS PROVIDED TO THE AUDIT AND COMPLIANCE COMMITTEE FOR THEIR REVIEW. AFTER THE COMMITTEES' REVIEW THE RETURN IS PRESENTED TO THE BOARD OF DIRECTORS. UPON REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS, THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION ANNUALLY REQUIRES ALL EMPLOYEES, OFFICERS, AND MEMBERS OF THE BOARD OF DIRECTORS TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE AND SIGN THE CONFLICT OF INTEREST POLICY. COPIES OF ALL CONFLICT OF INTEREST STATEMENTS ARE PROVIDED TO THE AUDIT AND COMPLIANCE COMMITTEE WHO REVIEWS IF A CONFLICT HAS BEEN NOTED. PROCEDURES ALSO INCLUDE REVIEWING TRANSACTIONS AGAINST BOTH THE FORMS SUBMITTED AND ALL KNOWN BUSINESS ASSOCIATIONS OF OUR BOARD MEMBERS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES PUBLIC ITS GOVERNING DOCUMENTS, INCLUDING ITS BYLAWS AND 501(C)(3) DETERMINATION LETTERS AS WELL AS KEY POLICIES SUCH AS THE CODE OF CONDUCT, CODE OF ETHICS, CONFLICT OF INTEREST, EXPENSE REIMBURSEMENT, POLITICAL ACTIVITY, RECORD RETENTION AND DESTRUCTION, TICKET POLICY, AND WHISTLEBLOWER PROTECTION. ALL DOCUMENTS ARE AVAILABLE FOR PUBLIC VIEWING AT HTTPS://FIESTABOWL.ORG/WHO-WE-ARE/GOVERNANCE/. THE ORGANIZATION DOES NOT MAKE ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART VI, LINE 15A AND 15B; THIS ORGANIZATION DOES NOT PAY COMPENSATION. ALL COMPENSATION IS DETERMINED AND PAID BY THE RELATED ORGANIZATION, ARIZONA SPORTS FOUNDATION. FORM 990, PART VI, LINE 1B ASF, VSBF, FEI, AND THE ACFCF HAVE A COMMON BOARD OF DIRECTORS. A BOARD MEMBER IS CONSIDERED INDEPENDENT IF THEY RECEIVE NO COMPENSATION AS AN EMPLOYEE AND HAVE NO REPORTABLE TRANSACTIONS ON SCHEDULE L. IF A BOARD MEMEBER IS CONSIDERED NOT INDEPENDENT FOR ONE ORGANIZATION, THEY ARE CONSIDERED NOT INDEPENDENT FOR ALL RELATED ORGANIZATIONS. AMONG THE FOUR RELATED ORGANIZATIONS, THERE WERE NO TRANSACTIONS TO REPORT. UNDER THE POLICIES AND PROCEDURES OF THE ORGANIZATION, BOARD MEMBERS MUST RECUSE THEMSELVES FROM THE DISCUSSION AND VOTE OF ANY RELATED TRANSACTION. FORM 990, PART XII, LINE 2C: THE OVERSIGHT AND SELECTION PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR. ARIZONA COLLEGE FOOTBALL CHAMPIONSHIP FOUNDATION 7135 E CAMELBACK RD SUITE 190 SCOTTSDALE AZ 85251 203705626 COLLEGE BOWL AZ 501(C)(3) LINE 9 N/A 1 ARIZONA SPORTS FOUNDATION 7135 E CAMELBACK RD SUITE 190 SCOTTSDALE AZ 85251 860253821 COLLEGE BOWL AZ 501(C)(3) LINE 9 N/A 1 FIESTA EVENTS INC 7135 E CAMELBACK RD SUITE 190 SCOTTSDALE AZ 85251 860666998 SPORTS EVENT AZ 501(C)(3) LINE 9 N/A 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 ARIZONA COLLEGE FOOTBALL CHAMPIONSHIP FOUNDATION P 33700 FMV ARIZONA SPORTS FOUNDATION N 230920 FMV ARIZONA SPORTS FOUNDATION O 572952 FMV ARIZONA SPORTS FOUNDATION P 408105 FMV ARIZONA SPORTS FOUNDATION Q 7481 FMV ARIZONA SPORTS FOUNDATION R 149475 FMV ARIZONA SPORTS FOUNDATION S 1248972 FMV FIESTA EVENTS INC P 641 FMV FIESTA EVENTS INC Q 6012 FMV FIESTA EVENTS INC R 77055 FMV FIESTA EVENTS INC S 30650 FMV FIESTA EVENTS INC 7135 E CAMELBACK ROAD 190 SCOTTSDALE AZ 85251 860666998 X 0 0 0 3164246 3164246 308212 77053 0 0 0 THE ARIZONA COLLEGE FOOTBALL CHAMPIONSHIP FOUNDATION 7135 E CAMELBACK ROAD 190 SCOTTSDALE AZ 85251 203705626 X 0 0 0 11579202 11579202 728960 182240 0 0 0 THE ARIZONA SPORTS FOUNDATION 7135 E CAMELBACK ROAD 190 SCOTTSDALE AZ 85251 860253821 X 0 0 0 11954329 11954329 747716 186929 0 0 0