2023-10-18T19:23:59-05:00 2023-03-31 410746749 CLIFTONLARSONALLEN LLP 8390 EAST CRESCENT PARKWAY SUITE 300 GREENWOOD VILLAGE CO 80111 990 2022-04-01 860253821 THE ARIZONA SPORTS FOUNDATION ARIZ 4803500900 7135 E CAMELBACK ROAD 190 SCOTTSDALE AZ 85251 ERIK MOSES EXECUTIVE DIRECTOR 4803500900 2023-10-11 1 ERIK MOSES XXX-XX-XXXX 0 SARAH HINTZ P00492291 3037795710 2023-10-04 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z FIESTA BOWL ERIK MOSES 7135 E CAMELBACK ROAD 190 SCOTTSDALE AZ 85251 31013496 0 X WWW.FIESTABOWL.ORG X 1972 AZ SEE SCHEDULE O. 28 28 69 3000 35817 31544 4100 500 13686256 27481849 933220 787264 151821 354913 14775397 28624526 0 0 0 0 4305757 3643770 0 0 0 8538117 18394912 12843874 22038682 1931523 6585844 81400423 85604521 2379479 1546469 79020944 84058052 X SEE SCHEDULE O. 0 0 20306157 0 25195514 THE ARIZONA SPORTS FOUNDATION ANNUALLY STAGES THE FIESTA BOWL, WHICH IS PART OF THE COLLEGE FOOTBALL PLAYOFF (CFP) SYSTEM. THE GAME IS PLAYED IN STATE FARM STADIUM IN GLENDALE, ARIZONA. THE 52ST ANNUAL FIESTA BOWL WAS PLAYED ON DECEMBER 31, 2022. TEXAS CHRISTIAN UNIVERSITY DEFEATED MICHIGAN BY A SCORE OF 51-45. 20306157 1 0 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 X 118 0 1 69 1 1 1 0 0 0 0 0 0 0 0 0 1 0 X 28 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X CURT KRIZAN 4803500900 7135 E CAMELBACK ROAD 190 SCOTTSDALE AZ 85251 MICHAEL NEALY FORMER EXEC. DIRECTOR (THRU 3/7/22) 30.00 10.00 X 1067025 0 3424 JOSE MORENO CHIEF MARKETING OFFICER 30.00 10.00 X 330346 0 25759 CURT KRIZAN CHIEF FINANCIAL OFFICER 30.00 10.00 X 319236 0 32445 BOB WHITEHOUSE CHIEF OPERATING OFFICER 30.00 10.00 X 295362 0 14755 JAMES HATFIELD DIRECTOR / INTERIM EXEC. DIRECTOR 2.00 3.00 X X 196984 0 0 SCOTT LEIGHTMAN SR. DIRECTOR OF COMMUNICATIONS 30.00 10.00 X 162645 0 13421 ROSEMARY JAMES CONTROLLER 30.00 10.00 X 140194 0 13662 EDDIE EIXENBERGER VICE PRESIDENT OF TICKET SALES 30.00 10.00 X 120044 0 6334 KRISTINA CHUMPOL SR. DIRECTOR OF COMMUNITY RELATIONS 30.00 10.00 X 105041 0 14606 JULIE ATHERTON SR. DIRECTOR OF ADMINISTRATION 30.00 10.00 X 104360 0 2236 PATRICK BARKLEY CHAIR EMERITUS 5.00 3.00 X X 3360 0 0 JUDY BERNAS CHAIR-ELECT 2.00 3.00 X X 1435 0 0 RAY ARTIGUE DIRECTOR 2.00 3.00 X 875 0 0 BRYCE HANCOCK TREASURER 2.00 3.00 X X 830 0 0 DAVE DORWARD DIRECTOR 2.00 3.00 X 645 0 0 MARCHELLE FRANKLIN DIRECTOR 2.00 3.00 X 630 0 0 BRETT BENTON DIRECTOR (THRU 3/31/22) 2.00 3.00 X 605 0 0 ERIK MOSES EXECUTIVE DIRECTOR 30.00 10.00 X 0 0 0 RANDY NORTON CHAIR 2.00 3.00 X X 0 0 0 MARK FAST SECRETARY 2.00 3.00 X X 0 0 0 BRIAN BEDNAR DIRECTOR 2.00 3.00 X 0 0 0 TIM BROWN DIRECTOR 2.00 3.00 X 0 0 0 DR JAVIER CARDENAS DIRECTOR (THRU 3/31/22) 2.00 3.00 X 0 0 0 ED ERHARDT DIRECTOR 2.00 3.00 X 0 0 0 HARRY GAREWAL DIRECTOR 2.00 3.00 X 0 0 0 GARY HANSON DIRECTOR 2.00 3.00 X 0 0 0 ROB LONGO DIRECTOR 2.00 3.00 X 0 0 0 TOM O'MALLEY DIRECTOR 2.00 3.00 X 0 0 0 KELLY MERO DIRECTOR 2.00 3.00 X 0 0 0 JOHN RAWICZ DIRECTOR 2.00 3.00 X 0 0 0 DON REESE DIRECTOR 2.00 3.00 X 0 0 0 DAWN ROGERS DIRECTOR 2.00 3.00 X 0 0 0 RACHEL SACCO DIRECTOR 2.00 3.00 X 0 0 0 DENISE SEOMIN DIRECTOR 2.00 3.00 X 0 0 0 GENE SMITH DIRECTOR 2.00 3.00 X 0 0 0 NICK SMITH DIRECTOR 2.00 3.00 X 0 0 0 MIKE WILCOX DIRECTOR 2.00 3.00 X 0 0 0 GLENN WONG DIRECTOR 3.00 3.00 X 0 0 0 2849617 0 126642 10 1 1 0 CFP ADMINISTRATION 545 E JOHN CARPENTER FWY IRVING TX 75062 FIESTA BOWL FEE 2233050 JAMES HATFIELD 8712 E BAR Z LANE PARADISE VALLEY AZ 85253 INTERIM EXECUTIVE DIRECTOR 195484 AMERICAN EXPLORER 1701 E ELWOOD STREET PHOENIX AZ 85040 BUS TRANSPORTATION 152694 CRAFT CULNARY 1 CARDINAL DRIVE GLENDALE AZ 85305 CATERING SERVICES 144244 4 500 500 500 GAME REVENUE 711300 24968164 24968164 EVENT REVENUE 711130 2255835 2255835 ACKNOWLEDGEMENTS 711300 227350 227350 ADVERTISING 541800 30500 30500 27481849 1140982 5317 1135665 297831 297831 2029085 6167 2388970 0 -359885 6167 -353718 -353718 MISCELLANEOUS 711300 57082 57082 57082 28624526 25195514 35817 3392695 713614 558046 155568 1070449 837091 233358 1206100 943170 262930 122468 95770 26698 336098 262829 73269 195041 152522 42519 42731 25056 17675 68990 4546 64444 49937 49937 255691 185685 70006 342488 342488 123804 108928 14876 221959 200054 21905 235633 186946 48687 383254 191173 192081 580620 443931 136689 2250 2250 263254 205865 57389 238332 238332 UBIT 6426 3627 2799 GAME EXPENSES 15108170 15021372 86798 GAME PROMOTIONS & HOSPI 754343 729281 25062 DUES & SUBSCRIPTIONS 215179 194422 20757 -498149 -386645 -111504 22038682 20306157 1732525 0 2227411 541505 518239 6854850 102942 654953 1200000 1400000 84547 161090 7968755 5479104 2590788 2489651 22185074 19712185 1201312 52491422 52588975 81400423 85604521 2278367 1207888 101112 338581 2379479 1546469 X 79020944 84058052 79020944 84058052 81400423 85604521 X 6585844 -1446064 -102672 X X 0 1 X 1 0 X 4100 500 4600 11093488 16714693 7505197 11903082 25195514 72411974 1620854 1878924 1378742 1761674 2255835 8896029 12714342 18593617 8883939 13668856 27451849 81312603 0 1045592 1256498 1217295 1230428 1592758 6342571 1045592 1256498 1217295 1230428 1592758 6342571 74970032 670186 774529 508411 1188269 1438813 4580208 25978 31647 6975 16423 23021 104044 696164 806176 515386 1204692 1461834 4684252 41900 57082 98982 13410506 19399793 9399325 14915448 28970765 86095837 0.87080 0.84220 0.05440 0.05700 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME 0 0 0 0 0 X 0 0 0 0 0 0 22038682 10327523 22038682 10327523 1000000 666376 250000 166594 0 0 0 0 721114 448841 662534 666376 2498865 3748298 180279 112210 165634 166594 624717 937076 116170 116170 5562519 3603684 1958835 419420 256827 162593 1861850 1609797 252053 8796 8796 0 2489651 DUE FROM AFFILIATES 53231446 FIN STMT DISCOUNT ON RELATED PARTY LONG-TERM RECEIVABLE -642471 52588975 X PART X, LINE 2: THE FOUNDATION IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE STATUES AND GENERALLY IS NOT SUBJECT TO INCOME TAX. THE FOUNDATION FOLLOWS THE ACCOUNTING STANDARD FOR UNCERTAIN TAX POSITIONS. THE FOUNDATION RECOGNIZED NO LIABILITY FOR UNCERTAIN TAX POSITIONS AS OF MARCH 31, 2023 AND 2022. X X X X 0 1 0 1 1 1 1 0 0 MICHAEL NEALY FORMER EXEC. DIRECTOR (THRU 3/7/22) 478430 0 563000 0 25595 0 0 0 3424 0 1070449 0 0 0 JOSE MORENO CHIEF MARKETING OFFICER 215269 0 113000 0 2077 0 15768 0 9991 0 356105 0 0 0 CURT KRIZAN CHIEF FINANCIAL OFFICER 222486 0 95691 0 1059 0 16678 0 15767 0 351681 0 0 0 BOB WHITEHOUSE CHIEF OPERATING OFFICER 209242 0 84141 0 1979 0 14654 0 101 0 310117 0 0 0 JAMES HATFIELD DIRECTOR / INTERIM EXEC. DIRECTOR 195484 0 0 0 1500 0 0 0 0 0 196984 0 0 0 SCOTT LEIGHTMAN SR. DIRECTOR OF COMMUNICATIONS 143577 0 18038 0 1030 0 10271 0 3150 0 176066 0 0 0 ROSEMARY JAMES CONTROLLER 123661 0 16319 0 214 0 8984 0 4678 0 153856 0 0 0 PART I, LINE 4B ASF PROVIDES A SPLIT DOLLAR LIFE INSURANCE PLAN TO ITS FORMER EXECUTIVE DIRECTOR, MICHAEL NEALY. NO CASH PAYMENTS WERE MADE TO MICHAEL NEALY UNDER THIS PLAN DURING THE REPORTING YEAR. PART I, LINE 5 THE ORGANIZATION HAS A FORMAL BONUS PLAN BASED UPON ORGANIZATIONAL AND INDIVIDUAL GOALS. THESE GOALS MAY INCLUDE RESULTS CONTINGENT ON REVENUE OR NET INCOME OF THE ARIZONA SPORTS FOUNDATION AND RELATED ORGANIZATIONS. BONUSES ARE APPROVED BY THE BOARD OF DIRECTORS PRIOR TO PAYMENT. PART I, LINE 6 THE ORGANIZATION HAS A FORMAL BONUS PLAN BASED UPON ORGANIZATIONAL AND INDIVIDUAL GOALS. THESE GOALS MAY INCLUDE RESULTS CONTINGENT ON REVENUE OR NET INCOME OF THE ARIZONA SPORTS FOUNDATION AND RELATED ORGANIZATIONS. BONUSES ARE APPROVED BY THE BOARD OF DIRECTORS PRIOR TO PAYMENT. 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 (VSFB), FIESTA EVENTS, INC. (FEI), AND ARIZONA COLLEGE FOOTBALL CHAMPIONSHIP FOUNDATION (ACFCF). EXPENSE ALLOCATIONS OF OFFICER, KEY EMPLOYEE AND STAFF COMPENSATED ARE MADE IN ACCORDANCE WITH THE EMPLOYEES' AVERAGE TIME DEVOTED TO EACH OF THE ORGANIZATIONS. MICHAEL NEALY FORMER EXECUTIVE DIRECTOR SPLIT DOLLAR LIFE INS PREMIUMS ON POLICY OWNED BY MR. NEALY X 200000 1400000 0 1 1 1400000 FORM 990, PART I, LINE 1 THE FIESTA BOWL IS DEDICATED TO PROVIDING PREMIER COLLEGE FOOTBALL BOWL EXPERIENCES AND LOCAL EVENTS THAT SERVE AS ECONOMIC DRIVERS FOR ARIZONA AND PROVIDE CHARITABLE RESOURCES FOR OUR COMMUNITY. FORM 990, PART III, LINE 1 THE FIESTA BOWL IS DEDICATED TO PROVIDING PREMIER COLLEGE FOOTBALL BOWL EXPERIENCES AND LOCAL EVENTS THAT SERVE AS ECONOMIC DRIVERS FOR AZIZONA AND PROVIDE CHARITABLE RESOURCES FOR OUR COMMUNITY. FORM 990, PART V, LINE 2A & 2B, AND PART IX, COMPENSATION AMOUNTS: THE EMPLOYEES DEVOTING TIME TO THE ARIZONA SPORTS FOUNDATION (ASF) AND ITS RELATED AFFILIATES (ARIZONA COLLGE FOOTBALL CHAMPIONSHIP FOUNDATION (ACFCF), FIESTA EVENTS, INC (FEI), AND VALLEY OF THE SUN BOWL FOUNDATION (VSBF)) ARE ALL EMPLOYEES OF 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 1A THE BOARD OF DIRECTORS DELEGATES SOME 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 EXECUTIVE COMMITTEE SHALL REPORT ITS BUSINESS DECISIONS TO THE DIRECTORS AT THE NEXT REGULARLY SCHEDULED OR SPECIAL MEETING OF THE BOARD OF DIRECTORS, AS THE CASE MAY BE. SUBJECT TO A MAJORITY VOTE OF THE DIRECTORS PRESENT, IN PERSON OR BY PROXY, AT A DULY CONVENED MEETING AT WHICH A QUORUM IS PRESENT AS SET FORTH IN SECTION 6.01 ABOVE, THE MEMBERS OF THE EXECUTIVE COMMITTEE SHALL INCLUDE THE CHAIR, IMMEDIATE PAST CHAIR, CHAIR-ELECT, TREASURER, SECRETARY, THE CHAIRS OF THE NOMINATING AND GOVERNANCE COMMITTEE AND AUDIT & COMPLIANCE COMMITTEE, AND TWO OTHER DIRECTORS NOMINATED BY THE CHAIR AND APPROVED BY THE BOARD OF DIRECTORS FROM TIME TO TIME. THE CHAIR SHALL SERVE AS THE CHAIR OF THE EXECUTIVE COMMITTEE. ALL OTHER ASPECTS OF THE FUNCTION AND PROCEDURES OF THE EXECUTIVE COMMITTEE SHALL BE DECIDED BY THE BOARD OF DIRECTORS. ADDITIONALLY, EXCEPT AS MAY BE OTHERWISE APPROVED BY THE BOARD OF DIRECTORS FROM TIME TO TIME, ALL EXPENSE REIMBURSEMENTS OF THE EXECUTIVE DIRECTOR ARE REVIEWED BY THE CFO FOR POLICY ADHERENCE AND REVIEWED AND APPROVED MONTHLY BY AT LEAST TWO MEMBERS OF THE EXECUTIVE COMMITTEE. EXPENSE REPORTS SUBMITTED BY BOARD MEMBERS AND EXECUTIVE COMMITTEE MEMBERS WILL BE APPROVED BY THE CFO, FOR POLICY ADHERENCE, AND AT LEAST TWO MEMBERS OF THE EXECUTIVE COMMITTEE OR BOARD (AS DESIGNATED BY THE BOARD) WHO DID NOT PARTICIPATE IN THE ACTIVITIES TO BE REIMBURSED. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS PREPARED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM FOLLOWED BY MANAGEMENT'S FINAL REVIEW. ONCE THE RETURN IS COMPLETED AND REVIEWED, THE FORM 990 IS PROVIDED TO THE AUDIT AND COMPLIANCE COMMITTEE FOR THEIR REVIEW. AFTER THE COMMITTEES' REVIEW THE RETURN, IT 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 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 COMMITTEE. PROCEDURES ALSO INCLUDE REVIEWING TRANSACTIONS AGAINST BOTH THE FORMS SUBMITTED AND ALL KNOWN BUSINESS ASSOCIATIONS OF OUR BOARD MEMBERS. EMPLOYEES COMPLETE THE DISCLOSURE ANNUALLY. I THE CHAIRPERSON OF THE BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. I (II) AFTER EXERCISING DUE DILIGENCE, THE BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE FOUNDATION CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. I (III) IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY ATTAINABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS IN ACCORDANCE WITH THE BYLAWS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE FOUNDATION'S BEST INTEREST AND FOR ITS OWN BENEFIT AND WHETHER THE TRANSACTION IS FAIR AND REASONABLE TO THE FOUNDATION AND SHALL MAKE THEIR DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT IN CONFORMITY WITH SUCH DETERMINATION. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTOR'S COMPENSATION COMMITTEE AND GOVERNED BY THE EXECUTIVE COMPENSATION COMMITTEE CHARTER. THE COMMITTEE IS COMPRISED OF THE CHAIR OF THE BOARD, CHAIR-ELECT OF THE BOARD AND THE IMMEDIATE PAST CHAIR OF THE BOARD. THE COMMITTEE IS CHARGED WITH THE ANNUAL REVIEW AND APPROVAL OF THE TOTAL COMPENSATION PACKAGE PROPOSED FOR THE EXECUTIVE DIRECTOR. THE COMMITTEE UNDERTAKES ACTIONS NECESSARY TO CARRY OUT THE PURPOSES OF THE COMMITTEE, INCLUDING BUT NOT LIMITED TO: - CONDUCTING AN ANNUAL REVIEW OF THE PERFORMANCE OF THE EXECUTIVE DIRECTOR BASED UPON EVALUATION CRITERIA DEVELOPED BY THE COMMITTEE AND THE BOARD OF DIRECTORS. - CONDUCTING AN ANNUAL REVIEW OF COMPENSATION COMPARABILITY DATA FOR THE EXECUTIVE DIRECTOR. COMPARABILITY DATA SHALL CONSIST OF COMPENSATION PAID TO INDIVIDUALS WITH FUNCTIONALLY SIMILAR POSITIONS. SOURCES OF COMPARABLE DATA MAY INCLUDE, BUT NOT BE LIMITED TO: BOWL SEASON COMPENSATION SURVEY, IRS 990 FILINGS OF SIMILAR NON-PROFITS (I.E. OBTAINED THROUGH GUIDESTAR.ORG) AND OTHER THIRD-PARTY RESEARCH. COMPENSATION CONSULTANTS MAY BE UTILIZED IF DEEMED NECESSARY BY THE COMMITTEE. - OVERSEEING THE DEVELOPMENT OF THE EXECUTIVE DIRECTOR'S ANNUAL INCENTIVE PLAN WITH A FORMAL REVIEW AT YEAR-END TO DETERMINE ACHIEVEMENT OF ESTABLISHED GOALS AND TARGETS. - DOCUMENTING AND DELIVERING AN ANNUAL REPORT TO THE BOARD ON THE SUBSTANCE OF THE COMMITTEE'S PERFORMANCE EVALUATION AND COMPENSATION REVIEW PROCESS, INCLUDING THE APPROVED COMPENSATION PACKAGE, THE NAMES OF THE MEMBERS OF THE COMMITTEE WHO PARTICIPATED IN THE COMMITTEE'S DELIBERATIONS, THE COMPARABILITY DATA RELIED UPON BY THE COMMITTEE, AND THE REASONS FOR ANY DEPARTURE FROM THE RANGE OF REASONABLE COMPENSATION PROVIDED BY SUCH DATA. THE COMPENSATION COMMITTEE AND EXECUTIVE DIRECTOR DETERMINE KEY EMPLOYEE PAY RANGES. COMPARABLE ORGANIZATION 990 AND BOWL SEASON COMPENSATION SURVEY DATA ARE USED IN THE ANALYSIS. THE BOARD OF DIRECTORS APPROVES THE PERSONNEL BUDGET ANNUALLY WHICH IS DOCUMENTED BY BOARD MINUTES. THIS PROCESS WAS LAST COMPLETED IN 2022. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES PUBLIC ITS GOVERNING DOCUMENTS, INCLUDING ITS BY-LAWS AND 501(C)(3) DETERMINATION LETTER, 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 1B THE ARIZONA SPORTS FOUNDATION (ASF) AND ITS RELATED AFFILIATES (ARIZONA COLLGE FOOTBALL CHAMPIONSHIP FOUNDATION (ACFCF), FIESTA EVENTS, INC (FEI), AND VALLEY OF THE SUN BOWL FOUNDATION (VSBF) 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 IN A CAPACITY OTHER THAN AS A BOARD MEMBER. IF A BOARD MEMBER IS CONSIDERED NOT INDEPENDENT FOR ONE ORGANIZATION, THEY ARE CONSIDERED NOT INDEPENDENT FOR ALL RELATED ORGANIZATIONS. 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 XI, LINE 9: FINANCIAL STATEMENT CHANGE IN DISCOUNT ON LONG-TERM RELATED PARTY RECEIVABLE -102,672. FORM 990, PART XII, LINE 2C: THE OVERSIGHT AND SELECTION PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. VALLEY OF THE SUN BOWL FOUNDATION 7135 E CAMELBACK RD SUITE 190 PHOENIX AZ 85251 860902767 COLLEGE BOWL AZ 501(C)(3) LINE 10 N/A 0 ARIZONA COLLEGE FOOTBALL CHAMPIONSHIP FOUNDATION 7135 E CAMELBACK RD SUITE 190 PHOENIX AZ 85251 203705626 COLLEGE BOWL AZ 501(C)(3) LINE 10 N/A 0 FIESTA EVENTS INC 7135 E CAMELBACK RD SUITE 190 PHOENIX AZ 85251 860666998 SPORT EVENTS AZ 501(C)(3) LINE 10 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 FIESTA EVENTS INC O 485836 FMV VALLEY OF THE SUN BOWL FOUNDATION O 728754 FMV FIESTA EVENTS INC N 204595 FMV VALLEY OF THE SUN BOWL FOUNDATION N 306893 FMV VALLEY OF THE SUN BOWL FOUNDATION R 2560000 FMV FIESTA EVENTS INC S 675000 FMV VALLEY OF THE SUN BOWL FOUNDATION 7135 E CAMELBACK ROAD 190 SCOTTSDALE AZ 85251 860902767 X 0 0 0 4538019 4538019 376901 94225 0 0 0 FIESTA EVENTS INC 7135 E CAMELBACK ROAD 190 SCOTTSDALE AZ 85251 860666998 X 0 0 0 5789504 5789504 439475 109869 0 0 0 THE ARIZONA COLLEGE FOOTBALL CHAMPIONSHIP FOUNDATION 7135 E CAMELBACK RD 190 SCOTTSDALE AZ 85251 203705626 X 0 0 0 0 0 0 0 0 0 0