2023-11-07T06:06:50-00:00 2022-12-31 822851604 SECHLER MORGAN CPAS PLLC 2418 W BARROW DRIVE CHANDLER AZ 85224 990 2022-01-01 271302780 K2 ADVENTURES FOUNDATION K2AD 4807972950 14354 N FRANK LLOYD WRIGHT BLVD STE SCOTTSDALE AZ 85260 KRISTEN SALCITO BROTZ CEO PRESIDENT 4807972950 2023-11-06 true KRISTEN SALCITO BROTZ XXX-XX-XXXX KRISTINA MORGAN CPA P01370742 6022302700 2023-11-06 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z KRISTEN SALCITO BROTZ 14354 N Frank Lloyd Wright Blvd Scottsdale AZ 85260 1920922 false X K2ADVENTURES.ORG X 2009 AZ TO CARE FOR CHILDREN, ADULTS AND FAMILIES WITH SPECIAL NEEDS AND/OR LIFE CHANGING MEDICAL CIRCUMSTANCES BY PROVIDING SERVICES, SUPPORT AND FUNDS THAT WILL BE USED FOR EDUCATIONAL AND MEDICAL ENRICHMENT. 23 20 4 75 0 961181 1649928 0 1601 -3990 -66764 957191 1584765 338271 741562 0 251470 273115 0 125996 557882 384534 1147623 1399211 -190432 185554 505481 710919 7859 32980 497622 677939 TO CARE FOR CHILDREN, ADULTS, AND FAMILIES WITH SPECIAL NEEDS AND/OR LIFE CHANGING MEDICAL CIRCUMSTANCES BY PROVIDING SERVICES, SUPPORT, AND FUNDS THAT WILL BE USED FOR EDUCATIONAL AND MEDICAL ENRICHMENT. false false 1128229 741562 WE RAN NUMEROUS LOCAL PROGRAMS WHICH SERVE INDIVIDUALS IN NEED IN A VARIETY OF DIFFERENT WAYS. K2 FIT AND WELL, K2 FOOD FOR FAMILIES, K2 KITCHENS, K2 CRAFTS AND K2 AT THE BATCAVE CONTINUED TO SUPPORT THOSE IN NEED AND WE LAUNCHED OUR NEWEST PROGRAM K2 STRENGTH TO THRIVE, DESIGNED TO ADDRESS THE GROWING NEED FOR MENTAL AND BEHAVIORAL HEALTH AND SUPPORT IN ARIZONA. WE WORKED TO ADDRESS THE SEVERE NEED FOR SUPPORT WITH FOOD SHORTAGES THROUGH OUR K2 FOOD FOR FAMILIES PROGRAM. WE ALSO AWARDED GRANTS TO NUMEROUS INDIVIDUALS AND FAMILIES WHO EXHIBITED THE NEED FOR MEDICAL EQUIPMENT OR FINANCIAL SUPPORT. 1128229 true true false false false false false false false true true false false true true true true false false false true true true false true true false true false false false false false false false false false true true false false false false false false false false true 10 0 true 4 true false false false false false true true false false false false false false X 23 20 true false false false false false false true true false false true true true true true true true false false X Kelly Michael 6024320229 14354 N Frank Lloyd Wright Blvd Scottsdale AZ 85255 KRISTEN SALCITO-BROTZ CEO PRESIDENT 040.00 X X 86430 0 0 KEVIN CHERILLA CFO 035.00 X X 74810 0 0 KELLY MICHAEL SECRETARY 020.00 X X 49150 0 0 MARY LOU MUCCINO DIRECTOR 002.00 X 3454 0 0 BOBBY KELLY DIRECTOR 002.00 X 0 0 0 BLAIR SINGER DIRECTOR 002.00 X 0 0 0 BOBBI CHAWLA DIRECTOR 002.00 X 0 0 0 BRUCE POEHLSEN DIRECTOR 002.00 X 0 0 0 CHARLES KELLER DIRECTOR 002.00 X 0 0 0 CHERYL MENDEZ DIRECTOR 002.00 X 0 0 0 DONNA DETWILER DIRECTOR 002.00 X 0 0 0 ELIZABETH KATZMAN DIRECTOR 002.00 X 0 0 0 EVA HILTON DIRECTOR 002.00 X 0 0 0 HEATHER IORILLO DIRECTOR 002.00 X 0 0 0 JOHN IORILLO DIRECTOR 002.00 X 0 0 0 KELLY RICHARDSON DIRECTOR 002.00 X 0 0 0 MATT MILLER DIRECTOR 002.00 X 0 0 0 MICHELLE MOORE DIRECTOR 002.00 X 0 0 0 RAHUL CHAWLA DIRECTOR 002.00 X 0 0 0 SHAHEEN NEIL DIRECTOR 002.00 X 0 0 0 TERI NISSER DIRECTOR 002.00 X 0 0 0 TIM STUART DIRECTOR 002.00 X 0 0 0 VINCE HAWLEY DIRECTOR 002.00 X 0 0 0 213844 false false false 543626 1106302 174641 1649928 798 798 38410 37607 803 803 803 211686 83 288555 -76869 -76869 20100 9995 10105 10105 1584765 -65163 255474 255474 274460 274460 211628 211628 0 213844 97630 62390 53824 0 40108 17953 11894 10261 0 19163 8578 5683 4902 0 0 3070 3070 11510 11510 0 309 309 14015 14015 18373 18373 34234 1883 12498 19853 32019 7852 16315 7852 0 26693 11949 7915 6829 9817 4394 2912 2511 0 0 0 0 2912 1303 864 745 3308 1481 981 846 FOREIGN ACTIVTY PROGRAM EXPENSES 95673 95673 DOMESTIC ACTIVITY PROGRAM EXPENSES 123956 123956 DONOR APPRECIATION 8645 8645 0 1399211 1128229 144986 125996 459678 589537 6968 2670 4346 6660 13228 8884 7256 4344 47180 27233 60528 505481 710919 7859 8728 24252 7859 32980 X 414449 205139 83173 472800 497622 677939 505481 710919 185554 -5188 -49 X false true X false false X 906972 1298102 1316479 961181 1649928 6132662 906972 1298102 1316479 961181 1649928 6132662 980364 5152298 8110 8563 8698 798 26169 6158831 0.83660 0.85530 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 83173 771961 382334 472800 116848 194354 228029 83173 29784 299836 212772 116848 46756 181823 198795 29784 21858 304083 279185 46756 1.00000 false false 13228 8884 4344 4344 Financial derivatives and other financial products Closely-held equity interests SECURITY DEPOSIT 36733 FACILITY RIGHT OF USE 23795 60528 Federal income taxes LEASE LIABILITY 24252 24252 X 1581248 -5188 1980 -3208 1584456 309 309 1584765 1400882 1980 1980 1398902 309 309 1399211 IV 4 THE ORGANIZATION HAS DONOR RESTRICTED / TEMPORARILY RESTRICTED NET ASSETS, THAT ARE RESTRICTED FOR THE FOLLOWING PURPOSES WHITE HAT PROGRAM, STRENGHT TO THRIVE PROGRAM, LOCAL SCHOLARSHIP FUND, AND PROSTHETIC CENTER IN TANZANIA. X 2 MANAGEMENT BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY INCOME TAX POSITIONS TAKEN, AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE FOUNDATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. true Sub-Saharan Africa Grantmaking - Orphanage support 79751 Sub-Saharan Africa Grantmaking - Prosthetic center support 34356 South America Grantmaking - Medical support 8000 South Asia Grantmaking - Medical support 5500 North America Grantmaking - Medical support 2338 Central America and the Caribbean Grantmaking - Medical support 2500 South Asia Grantmaking - Medical support 2800 Sub-Saharan Africa Grantmaking - Medical support 7983 Sub-Saharan Africa Grantmaking - Scholarships 68400 South Asia Program Services Medical Mission 5070 Sub-Saharan Africa Program Services Medical Mission 90603 307301 307301 Sub-Saharan Africa Orphanage support 79751 Wire Sub-Saharan Africa Prosthetic center medical support 20000 Wire Sub-Saharan Africa Prosthetic center medical support 14356 Medical supplies FMV South America Multiple orgs under threshold 8000 Wire South Asia Multiple orgs under threshold 5500 Wire 5 Medical support North America 1 2338 Wire Medical support Central America and the Caribbean 1 2500 Wire Medical support South Asia 1 2800 Wire Medical support Sub-Saharan Africa 4 7983 Wire Scholarships Sub-Saharan Africa 34 68400 Wire false false false false false false Part I Line 2 K2 ADVENTURES FOUNDATION MONITORS THE USE OF GRANT FUNDS BY 1 DIRECTLY PURCHASING OR MAKING PAYMENTS TO PROVIDERS OF GOODS AND SERVICES IN MANY INSTANCES AND 2 BY PARTICIPATING DIRECTLY IN EVENTS THAT WE SPONSOR AND 3 FOLLOWING UP WITH ORGANIZATIONS AND GETTING VERIFICATION OF THE USE OF FUNDS AS STIPULATED BY THE AWARD. IN 2019 WE CONTINUED OUR GLOBAL EDUCATION PROGRAM IN TANZANIA, AFRICA THAT PROVIDES FURTHER EDUCATION FOR YOUTH TO ATTEND PRIVATE SCHOOLS AFTER COMPLETING REQUIREMENTS IN THE PUBLIC SCHOOL. THIS GIVES STUDENTS THE OPPORTUNITY TO LEARN ENGLISH, FURTHER THEIR STUDIES IN INDIVIDUAL PROGRAMS AND REACH BEYOND THE PUBLIC-SCHOOL RUN BY THE GOVERNMENT. THESE STUDENTS ARE COLLEGE BOUND OR TRADE SCHOOL BOUND AND WANT TO BECOME LEADERS IN THEIR COMMUNITIES. FOR GLOBAL EDUCATION AWARDS, EACH STUDENT IS RESPONSIBLE FOR COMPLETING A PARTICIPANT APPLICATION WHICH PROVIDES ALL OF THE INFORMATION REGARDING THE EDUCATIONAL PROGRAM THEY WILL BE ENROLLING IN. PARTICIPANT APPLICATIONS ARE THEN REVIEWED BY OUR PROGRAM DIRECTORS AND AWARDS ARE MADE BASED ON FUNDS AVAILABLE. Part I Line 3 K2 ADVENTURES FOUNDATION REPORTS ALL EXPENDITURES BASED ON THE ACCRUAL METHOD OF ACCOUNTING. Part II Line 1 K2 ADVENTURES FOUNDATION REPORTS ALL EXPENDITURES BASED ON THE ACCRUAL METHOD OF ACCOUNTING. Part III Line 1 THE NUMBER OF INDIVIDUALS ASSISTED WITH EDUCATIONAL SCHOLARSHIPS DURING THE YEAR WAS ESTIMATED BY COMPILING THE TOTAL OF FULFILLED INDIVIDUAL APPLICATIONS. Summer City 270172 218195 51977 22366 1640 5000 39398 Masquerade 464655 312446 152209 68114 744 5000 140412 1 20485 12985 7500 3940 1941 755312 543626 211686 94420 2384 10000 181751 288555 -76869 20100 9995 true 1.00000 20100 9995 9995 10105 AZ false UNDER ARIZONA STATUTE ARS 13-3311D, THE ORGANIZATION IS NOT REQUIRED TO BE LICENSED AND REGISTER THIS ACTIVITY AS IT IS AN ORGANIZATION QUALIFIED FOR AN EXEMPTION UNDER ARS 43-1201 AND FOLLOWS ALL RESTRICTIONS UNDER ARS 13-3302B1-3. false true false 1.00000 THE ORGANIZATION 14354 N FRANK LLOYD WRIGHT BLVD SCOTTSDALE AZ 85260 false KELLY MICHAEL MANAGES THE ACTIVITY AS PART OF OVERALL SERVICES X false Part II Line 9 OTHER EXPENSES WERE 146,736 IN AUCTION ITEMS, 20,913 IN DECOR/SUPPLIES, 9,902 IN PAYMENT PROCESSING, AND 4,200 FOR VIDEOGRAPHY. true Adventures in Training 7000 Stonewood Dr Ste 115 Wexford PA 15090 810727808 501c3 10000 Support operations ALS Association of Alabama Chapter 300 Cahaba Park Circle Ste 209 Birmingham AL 35242 202218566 501c3 9125 Support operations Christian Ministry Fellowship International PO Box 501020 Indianapolis IN 46250 362406657 501c3 5500 Support operations Hope Kids Inc PO Box 28471 Scottsdale AZ 85255 861042378 501c3 14000 Support operations Make A Wish AZ 2901 N 78th St Scottsdale AZ 85251 860409636 501c3 10000 Support operations Tanner Foundation 3105 Independence Dr Ste 105 Birmigham AL 35209 200417645 501c3 9125 Support operations Valleywise Health 2901 E Camelback Rd Ste 202 Phoenix AZ 85255 861042378 501c3 75400 Support operations Maricopa Pantry Inc 19428 N Maricopa Rd Maricopa AZ 85139 813081927 501c3 75000 Support operations Others under 5K 47324 Support operations 8 1 Financial assistance and medical support 110 231486 Grocery gift cards 355 35473 Scholarships 3 7500 Part I Line 1 THROUGH OUR K2 ADVENTURES FOUNDATION WEBSITE, APPLICANTS CAN COMPLETE AND SUBMIT AWARD AND GRANT APPLICATIONS. OUR AWARDS AND GRANT COMMITTEE THEN MEETS QUARTERLY AND THOROUGHLY READS AND RESEARCHES EACH APPLICATION AND SOLICITS ADDITIONAL INFORMATION IF NEEDED. EACH APPLICATION IS THEN EVALUATED BY THE COMMITTEE AS TO ITS WORTHINESS AND AWARDS ARE MADE BASED ON THE AMOUNT OF FUNDS AVAILABLE FOR DISBURSEMENT AT THAT TIME. Part I Line 2 K2 ADVENTURES FOUNDATION MONITORS THE USE OF GRANT FUNDS BY 1 DIRECTLY PURCHASING OR MAKING PAYMENTS TO PROVIDERS OF GOODS AND SERVICES IN MANY INSTANCES AND 2 BY PARTICIPATING DIRECTLY IN EVENTS THAT WE SPONSOR AND 3 FOLLOWING UP WITH ORGANIZATIONS AND GETTING VERIFICATION OF THE USE OF FUNDS AS STIPULATED BY THE AWARD. Part III Line 1 THE NUMBER OF INDIVIDUALS ASSISTED DURING THE YEAR WAS ESTIMATED BY COMPILING THE TOTAL OF FULFILLED INDIVIDUAL APPLICATIONS. RESULTS ONLY FITNESS OWNED BY BOARD 65478 FITNESS SERVICES false Part IV Line 1 RESULTS ONLY FITNESS IS OWNED BY BOARD MEMBER BOBBY KELLY AND OFFICER KELLY MICHAEL. RATES FOR SERVICES ARE PAID AT FAIR MARKET VALUE AND THE BOARD IS AWARE OF THE OWNERSHIP AND MONITORS THE COSTS ASSOCIATED WITH THE SERVICES PROVIDED. X 1217 FMV X 1 35323 FMV X AUCTION 96 138101 FMV false true false Part I Line 25-26 ORGANIZATION IS REPORTING THE NUMBER OF DONORS ON COLUMN D. Form 990, Part VI, Section B, Line 2 1 DIRECTOR JOHN IORILLO AND DIRECTOR HEATHER IORILLO ARE RELATED AS DEFINED BY THE IRS DEFINITION OF A FAMILY RELATIVE. 2 DIRECTOR DR. RAHUL CHAWLA AND DIRECTOR BOBBI CHAWLA ARE RELATED AS DEFINED BY THE IRS DEFINITION OF A FAMILY RELATIVE. 3 BOARD PRESIDENT KEVIN CHERILLA AND BOARD CEO KRISTEN SALCITO-BROTZ HAVE A BUSINESS RELATIONSHIP OUTSIDE OF THE ORGANIZATION. 4 BOARD TREASURER KELLY MICHAEL AND DIRECTOR BOBBY KELLY HAVE A BUSINESS RELATIONSHIP OUTSIDE OF THE ORGANIZATION. Form 990, Part VI, Section B, Line 12c THE PRESIDENT OF THE ORGANIZATION DISTRIBUTES A PDF COPY OF THE 990 RETURN TO ALL BOARD MEMBERS FOR REVIEW AND COMMENT PRIOR TO FILING. Form 990, Part VI, Section B, Line 12c AT EACH BOARD AND COMMITTEE MEETING, IF THERE IS A DISCUSSION OF SELECTING OR ENGAGING A VENDOR OR SERVICE PROVIDER, ALL IN ATTENDANCE ARE ASKED TO RECUSE THEMSELVES FROM THIS DISCUSSION IF THERE COULD BE A PERCEIVED CONFLICT. ANNUALLY, THE ORGANIZATION REVIEWS AND DISCUSSES THE CONFLICT OF INTEREST POLICY AND REQUESTS THAT EACH BOARD MEMBER LIST AND ACKNOWLEDGE ANY KNOWN CONFLICTS. Form 990, Part VI, Section B, Line 15 THE EXECUTIVE COMMITTEE REVIEWS THE COMPENSATION FOR THE PRESIDENT AND VICE PRESIDENT BY COMPARING THEIR COMPENSATION TO THE COMPENSATION OF INDIVIDUALS IN LIKE POSITIONS, IN COMPARABLE ORGANIZATIONS USING FORMS 990, COMPENSATION STUDIES, AND OTHER AVAILABLE DATA. THE COMMITTEE THEN APPROVES ANY CHANGES IN COMPENSATION BASED ON THIS INFORMATION. THE ORGANIZATION HAS NO OTHER PAID OFFICERS OR EMPLOYEES MEETING THE IRS DEFINITION OF A KEY EMPLOYEE. Form 990, Part VI, Section C, Line 19 THE ORGANIZATION WILL PROVIDE, IN A TIMELY MANNER, FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS, INCLUDING ITS CONFLICT OF INTEREST POLICY, WHEN REQUESTED IN WRITING OR IN PERSON.