2023-12-19T14:52:31-06:00 2023-05-31 BDO USA 421 Fayetteville Street Suite 300 Raleigh NC 27601 990 2022-06-01 581052332 PEACH BOWL INC % A CHRISTOPHER HUGHES PEAC 4045868500 3284 NORTHSIDE PARKWAY NW STE 550 ATLANTA GA 30327 A CHRISTOPHER HUGHES CFO 4045868558 2023-12-19 true A CHRISTOPHER HUGHES 999009999 SANDRA L FEINSMITH P01064157 9192781936 2023-12-19 3 2022 2023-04-26 12:10:37Z CHICK-FIL-A PEACH BOWL GARY P STOKAN PRESIDENT 3284 NORTHSIDE PKWY STE 550 ATLANTA GA 30327 75978995 false X www.chick-fil-apeachbowl.com X 1970 GA TO POSITIVELY IMPACT PEOPLE'S LIVES BY CELEBRATING COLLEGE ATHLETICS THROUGH BEST-IN-CLASS EVENTS THAT CREATE CHARITABLE DONATIONS, SCHOLARSHIPS, AND ECONOMIC IMPACT. 16 15 31 878 57000 0 0 0 42457280 48499625 3079032 -1325995 181302 240181 45717614 47413811 18728307 15050647 0 0 3320752 3481520 0 0 0 15739159 23040656 37788218 41572823 7929396 5840988 61887309 64858791 12211309 7534369 49676000 57324422 X PEACH BOWL INC.'S MISSION IS TO POSITIVELY IMPACT PEOPLE'S LIVES BY CELEBRATING COLLEGE ATHLETICS THROUGH BEST-IN-CLASS EVENTS THAT CREATE CHARITABLE DONATIONS, SCHOLARSHIPS, ECONOMIC IMPACT, AND MEMORABLE EXPERIENCES. PEACH BOWL INC. IS PROUD TO BE THE MOST CHARITABLE COLLEGE FOOTBALL BOWL ORGANIZATION IN THE COUNTRY. false false 19523626 13000000 23453175 THE CHICK-FIL-A KICKOFF GAME AND ITS CHARITABLE GIVING PLATFORM WERE CREATED TO FOSTER & PROMOTE NCAA FOOTBALL COMPETITION AND TO SUPPORT COLLEGE EDUCATION THROUGH SCHOLARSHIP DONATIONS. THE KICKOFF GAME IS A NEUTRAL SITE COLLEGE FOOTBALL GAME WHICH IS PLAYED AT THE BEGINNING OF EVERY SEASON. IN THE FISCAL YEAR ENDING MAY 31, 2023, PEACH BOWL, INC HOSTED TWO CHICK-FIL-A KICKOFF GAMES AND CONTRIBUTED A TOTAL OF $13,000,000 VIA GAME PARTICIPATION PAYOUTS TO THE UNIVERSITY OF GEORGIA, THE UNIVERSITY OF OREGON, AND THE GEORGIA INSTITUTE OF TECHNOLOGY. 18804606 1748147 25229631 THE CHICK-FIL-A PEACH BOWL AND ITS CHARITABLE GIVING PLATFORM WERE CREATED TO FOSTER & PROMOTE NCAA FOOTBALL COMPETITION AND TO SUPPORT COLLEGE EDUCATION THROUGH SCHOLARSHIP DONATIONS, AND TO SUPPORT CHILDREN'S HEALTH INITIATIVES, DISASTER RELIEF, AND OTHER DESERVING CHARITABLE ORGANIZATIONS IN OUR COMMUNITY AND IN THE COMMUNITIES OF OUR PARTICIPATING UNIVERSITIES. IN THE FISCAL YEAR ENDING MAY 31, 2023, PEACH BOWL INC DONATED $310,847 TO CHILDRENS HEALTHCARE OF ATLANTA, $250,000 TO THE YMCA OF ATLANTA, $250,000 TO THE WESTSIDE FUTURE FUND, $200,000 TO THE AMERICAN RED CROSS OF GA, $250,000 TO THE ATLANTA PUBLIC SCHOOLS, $100,000 TO GEORGIA LIONS LIGHTHOUSE FOUNDATION, $100,000 TO LIONS CLUB INTERNATIONAL, $50,000 EACH TO THE SCHOLARSHIP FUNDS AT THE UNIVERSITY OF GEORGIA AND THE OHIO STATE UNIVERSITY, AND $187,300 TO VARIOUS OTHER CHARITABLE ORGANIZATIONS. 981916 302500 0 THE SOUTHERN COMPANY PEACH BOWL CHALLENGE GOLF TOURNAMENT AND ITS CHARITABLE GIVING PLATFORM WERE CREATED TO FOSTER & PROMOTE NCAA COMPETITION AND TO PROVIDE FINANCIAL SUPPORT TO CHARITABLE ORGANIZATIONS IN OUR COMMUNITY, AND IN THE COMMUNITIES OF THE PARTICIPATING UNIVERSITIES. IN THE FISCAL YEAR ENDING MAY 31, 2023, THE SOUTHERN COMPANY PEACH BOWL CHALLENGE EVENT DONATED A TOTAL OF $302,500 TO VARIOUS CHARITABLE ORGANIZATIONS AS SELECTED BY THE FOOTBALL COACHES PARTICIPATING IN THE EVENT. 39310148 true false false false false false false false false false true false false false true true true false false false false false false false false false false true false true false false false false false false false false false false false false false false false false false true 21 0 true 31 true true true false false false false false false false false false false false X 16 15 false false false false false false false true true false false true true true true true true true true false GA X A CHRISTOPHER HUGHES 4045868558 3284 NORTHSIDE PARKWAY NW STE 550 ATLANTA GA 30327 GARY P STOKAN PRESIDENT AND CHIEF EXECUTIVE 40.0 0.0 X X 858973 0 32671 DAVID L EPPS CHIEF OPERATING OFFICER 40.0 0.0 X 394783 0 28783 A CHRISTOPHER HUGHES CHIEF FINANCIAL OFFICER 40.0 0.0 X 251891 0 41301 DEREK T MARTIN VICE PRESIDENT, EVENTS 40.0 0.0 X 211382 0 23792 MATTHEW E GARVEY VICE PRESIDENT, COMMUNICATIONS 40.0 0.0 X 211050 0 20181 BENJAMIN S HOLLIS VICE PRESIDENT, SALES 40.0 0.0 X 174793 0 40669 DAN L WEST VICE PRESIDENT, EVENTS 40.0 0.0 X 160688 0 29915 BOB SCHULER TRUSTEE - CHAIRMAN 1.0 0.0 X 0 0 0 MICHAEL K ANDERSON TRUSTEE 1.0 0.0 X 0 0 0 MELANIE BABCOCK TRUSTEE 1.0 0.0 X 0 0 0 ROBERT W COGGIN TRUSTEE 1.0 0.0 X 0 0 0 JOHN MURNANE TRUSTEE 1.0 0.0 X 0 0 0 WILLIAM PATE TRUSTEE 1.0 0.0 X 0 0 0 ERICA QUALLS-BATTEY TRUSTEE 1.0 0.0 X 0 0 0 RODNEY SANDERS TRUSTEE 1.0 0.0 X 0 0 0 JOE SARACINO TRUSTEE 1.0 0.0 X 0 0 0 SUHAIL SETH TRUSTEE 1.0 0.0 X 0 0 0 BOB SOMERS TRUSTEE 1.0 0.0 X 0 0 0 ALBERT I TARICA TRUSTEE 1.0 0.0 X 0 0 0 JIM TERRY TRUSTEE 1.0 0.0 X 0 0 0 PERCY D VAUGHN TRUSTEE 1.0 0.0 X 0 0 0 ADAM WALKER TRUSTEE 1.0 0.0 X 0 0 0 2263560 0 217312 7 false true false 0 0 KICKOFF GAME TICKET SALES 711210 20575229 20575229 PEACH BOWL TICKET SALES 711210 18368160 18368160 PEACH BOWL SPONSORSHIPS 711210 4807756 4807756 KICKOFF GAME SPONSORSHIPS 711210 2877946 2877946 FANFEST TICKET SALES 711210 485815 428815 57000 1384719 1384719 48499625 1522994 1522994 0 0 0 0 0 25716195 28565184 -2848989 -2848989 -2848989 0 0 0 0 0 0 0 0 0 MERCHANDISE SALES 711300 112301 112301 OTHER REVENUE 900099 127880 127880 240181 47413811 48682806 57000 -1325995 15050647 15050647 0 0 0 2480871 2232784 248087 0 584169 525752 58417 118420 106578 11842 133751 120376 13375 164309 147878 16431 0 0 54306 54306 0 0 0 154884 154884 799795 799795 85287 85287 58117 58117 0 405082 405082 138699 115933 22766 0 0 0 0 92992 92992 312467 312467 CHICK-FIL-A PEACH BOWL GAME 14302994 14302994 CHICK-FIL-A KICKOFF GAME 4381905 4381905 STATE SALES TAX 1681570 1681570 CHALLENGE GOLF TOURNAMENT 331264 331264 241294 241294 41572823 39310148 2262675 0 8030993 5639987 0 0 0 0 168102 281745 0 0 0 0 1403617 1300000 0 0 2949857 2675486 1306259 1216598 134965 89661 49199775 54585171 0 0 0 0 0 0 0 286741 61887309 64858791 459496 114301 8000000 4000000 2869435 2262915 0 0 0 0 0 0 0 0 0 0 882378 1157153 12211309 7534369 X 49676000 57324422 0 0 49676000 57324422 61887309 64858791 5840988 1807434 X false true X true false X 0 0 0 0 0 0 33902070 34841795 11988193 42400780 48442625 171575463 0 0 0 33902070 34841795 11988193 42400780 48442625 171575463 0 0 0 171575463 1349182 1313344 1099463 1715526 1522994 7000509 0 1349182 1313344 1099463 1715526 1522994 7000509 59250 42250 10977 51272 51764 215513 243095 178039 31593 181302 240181 874210 35553597 36375428 13130226 44348880 50257564 179665695 0.95497 0.95513 0.03896 0.03856 X 773920 721549 52371 279542 242252 37290 252797 252797 0 89661 0 OTHER LIABILITIES 750555 LEASE LIABILITY 406598 1157153 X 49221245 1807434 1807434 47413811 47413811 41572823 41572823 41572823 SCHEDULE D, PART X, LINE 2: PBI IS RECOGNIZED AS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE (THE CODE) AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3), WHEREBY ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 512(A)(1) OF THE CODE, IS SUBJECT TO FEDERAL INCOME TAX. PBI IS EXEMPT FROM STATE INCOME TAX UNDER SIMILAR PROVISIONS OF THE GEORGIA STATUTES. PBI DID NOT HAVE INCOME UNRELATED TO ITS EXEMPT PURPOSES DURING THE YEARS ENDED MAY 31, 2023 AND 2022. PBI RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. RECOGNIZED INCOME TAX POSITIONS ARE MEASURED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED. CHANGES IN RECOGNITION OR MEASUREMENT ARE REFLECTED IN THE PERIOD IN WHICH THE CHANGE IN JUDGMENT OCCURS. PBI DOES NOT HAVE UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT. IN THE NORMAL COURSE OF BUSINESS, PBI IS SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE TAXING AUTHORITIES. IN GENERAL, PBI IS NO LONGER SUBJECT TO TAX EXAMINATIONS FOR THE TAX YEARS ENDED BEFORE MAY 31, 2020. true AMERICAN RED CROSS OF GEORGIA 1955 MONROE DR NE Atlanta GA 30324 530196605 501(C)(3) 200000 SUPPORT ANDREW & WALTER YOUNG - YMCA 569 MARTIN LUTHER KING DR Atlanta GA 30314 580566253 501(C)(3) 250000 SUPPORT ATLANTA PUBLIC SCHOOLS DEPT OF ATHLETICS 70 CLAIRE DRIVE SE Atlanta GA 30315 586000134 501(C)(3) 150000 SUPPORT BEAMER FAMILY FOUNDATION 1675 TANGLEWOOD RD Columbia SC 29204 871506213 501(C)(3) 15000 SUPPORT CHILDREN'S HEALTHCARE OF ATLANTA FDN INC 1577 NORTHEAST EXPRESSWAY Atlanta GA 30329 581710601 501(C)(3) 310847 SUPPORT CHILDREN'S HOSPITAL OF PITTSBURGH 4401 PENN AVE Pittsburgh PA 15224 251865744 501(C)(3) 32500 SUPPORT CHRISTIAN CITY INC 7345 RED OAK ROAD Union City GA 30291 580917609 501(C)(3) 50000 SUPPORT THE CONGRESSIONAL MEDAL OF HONOR MUSEUM FDN 1105 MAZZY LANE Mt Pleasant SC 29464 471402327 501(C)(3) 12500 SUPPORT DABO'S ALL IN TEAM FOUNDATION 105 STONEBRIDGE DRIVE Clemson SC 29631 264097429 501(C)(3) 20000 SUPPORT THE EDSALL FAMILY FOUNDATION 1122 KENILWORTH DR Towson MD 21204 276601178 501(C)(3) 10000 SUPPORT FELLOWSHIP OF CHRISTIAN ATHLETES PO BOX 656 Oakwood GA 30566 440610626 501(C)(3) 32500 SUPPORT FISHER DEBERRY FOUNDATION 1611 S UTICA AVENUE 322 Tulsa OK 74104 510476749 501(C)(3) 10000 SUPPORT GEORGIA'S LION LIGHTHOUSE FOUNDATION 5582 PEACHTREE ROAD Atlanta GA 30341 580548732 501(C)(3) 100000 SUPPORT HBC FOUNDATION INC 14664 NW 25TH RD Newberry FL 32669 271146835 501(C)(3) 12500 SUPPORT HOPE 139 HOUSE 2070 OLD BISHOP ROAD Bishop GA 30621 822187608 501(C)(3) 10000 SUPPORT KEEP CLIMBING FAMILY FOUNDATION 637 LIVE OAK PLATN RD Tallahassee FL 32312 880845596 501(C)(3) 12500 SUPPORT THE KIRBY SMART FAMILY FOUNDATION INC 135 UNIVERSITY DRIVE Athens GA 30605 820938166 501(C)(3) 12500 SUPPORT LEGACIES ALIVE PO BOX 382 Beaver Falls PA 15010 471367341 501(C)(3) 10000 SUPPORT LIONS CLUBS INTERNATIONAL FOUNDATION 300 W 22ND STREET Oakbrook IL 60523 237030455 501(C)(3) 100000 SUPPORT LORD WEDGWOOD CHARITY 3565 LORNA RIDGE DRIVE Hoover AL 35216 270049660 501(C)(3) 20000 SUPPORT MULLEN FAMILY 36 FOUNDATION 1111 CORY CIRCLE Greensboro GA 30642 452677133 501(C)(3) 15000 SUPPORT NATIONAL DOWN SYNDROME CONGRESS 30 MANSELL CT SUITE 108 Roswell GA 30076 132992567 501(C)(3) 50000 SUPPORT PAUL AND SUSAN JOHNSON FAMILY FOUNDATION PO BOX 1259 Linville NC 28646 352129262 501(C)(3) 20000 SUPPORT POSITIVE COACHING ALLIANCE 1001 N RENGSTORFF AVE MT VIEW CA 94043 770485946 501(C)(3) 20000 SUPPORT SEA ISLAND HABITAT FOR HUMANITY 2545 BOHICKET ROAD Johns Island SC 29455 570840667 501(C)(3) 10000 SUPPORT THE ADMINISTRATORS OF THE TULANE EDU FDN 1555 POYDRAS ST New Orleans LA 70112 720423889 501(C)(3) 10000 SUPPORT THE GLOBAL ORPHAN PROJECT 3161 WYANDOTTE ST Kansas City MO 64111 816079539 501(C)(3) 10000 SUPPORT THE MEYER FAMILY FOUNDATION 2130 QUARRY TRAILS DR Columbus OH 43228 263732658 501(C)(3) 15000 SUPPORT THE MIKE SLIVE FOUNDATION PO BOX 530748 Birmingham AL 35253 812296439 501(C)(3) 50000 SUPPORT THE OHIO STATE UNIVERSITY FOUNDATION PO BOX 710811 Columbus OH 43271 311145986 501(C)(3) 50000 SUPPORT UNIVERSITY OF GEORGIA FOUNDATION ONE PRESS PLACE Athens GA 30602 586033837 501(C)(3) 50000 SUPPORT GEORGIA TECH ATHLETIC ASSOCIATION 150 BOBBY DODD WAY NW Atlanta GA 30332 580622514 501(C)(3) 3500000 SUPPORT UNIVERSITY OF GEORGIA ATHLETIC ASSN INC 456 EAST BROAD ST Athens GA 30602 580652518 501(C)(3) 5000000 SUPPORT UNIVERSITY OF OREGON PO BOX 3237 Eugene OR 97403 464727800 501(C)(3) 4500000 SUPPORT WESTSIDE FUTURE FUND 970 JEFFERSON ST NW BOX 1 Atlanta GA 30318 473015082 501(C)(3) 250000 SUPPORT Enome Inc PO Box 1289 San Mateo CA 94401 452540420 100000 Support 35 1 SCHEDULE I, PART I, LINE 2: AMOUNTS PAID TO TEAMS PARTICIPATING IN THE CHICK-FIL-A KICKOFF GAMES ARE AGREED UPON CONTRACTUALLY BY THE SCHOOL'S ATHLETIC DEPARTMENT ADMINISTRATION AND PEACH BOWL, INC. REMAINING GRANTS ARE APPROVED BY THE PEACH BOWL, INC. EXECUTIVE COMMITTEE. X X true true X X X X X false false false false false false false false false GARY P STOKAN PRESIDENT AND CHIEF EXECUTIVE 638813 0 209059 0 11101 0 10967 0 21704 0 891644 0 0 0 DAVID L EPPS CHIEF OPERATING OFFICER 325333 0 61990 0 7460 0 15268 0 13515 0 423566 0 0 0 A CHRISTOPHER HUGHES CHIEF FINANCIAL OFFICER 221129 0 23102 0 7660 0 9644 0 31657 0 293192 0 0 0 MATTHEW E GARVEY VICE PRESIDENT, COMMUNICATIONS 182088 0 21522 0 7440 0 6736 0 13445 0 231231 0 0 0 DEREK T MARTIN VICE PRESIDENT, EVENTS 182088 0 21854 0 7440 0 10789 0 13003 0 235174 0 0 0 BENJAMIN S HOLLIS VICE PRESIDENT, SALES 148923 0 19050 0 6820 0 8461 0 32208 0 215462 0 0 0 DAN L WEST VICE PRESIDENT, EVENTS 140551 0 15623 0 4514 0 6908 0 23007 0 190603 0 0 0 SCHEDULE J, PART I, LINE 1A: GARY STOKAN, PRESIDENT AND CEO RECEIVED FIRST CLASS TRAVEL AND TRAVEL FOR HIS SPOUSE. HE IS PERMITTED TO FLY FIRST CLASS ONLY WHEN THE LENGTH OF THE FLIGHT EXCEEDS 3 HOURS. THE SPOUSE OF THE CEO IS PERMITTED TO TRAVEL WITH THE CEO WHEN IT IS IN THE BEST INTEREST OF THE COMPANY FOR HER TO ATTEND AN EVENT WITH HIM. SCHEDULE J, PART I, LINE 3: PEACH BOWL INC. HAS A COMPENSATION COMMITTEE THAT REVIEWS AND APPROVES EMPLOYEE COMPENSATION. THE COMPENSATION COMMITTEE USES COMPENSATION SURVEYS AND OTHER INDEPENDENT DATA TO SET COMPETITIVE COMPENSATION LEVELS. FORM 990, PART VI, SECTION A, QUESTION 8 PEACH BOWL, INC. MAINTAINS MINUTES FOR ALL MEETINGS HELD BY THE GOVERNING BODY AND COMMITTEES ACTING ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, QUESTION 11 THE FORM 990 WAS PREPARED BY A PUBLIC ACCOUNTING FIRM WITH INPUT FROM THE CHIEF FINANCIAL OFFICER OF PEACH BOWL, INC. A DRAFT COPY WAS THEN REVIEWED BY THE CHIEF FINANCIAL OFFICER AND THE PRESIDENT AND CEO. CHANGES WERE SUBMITTED TO THE TAX PREPARER AND THE FINAL RETURN WAS REVIEWED AND APPROVED BY THE CFO AND THE PRESIDENT AND CEO. THE FORM 990 WAS THEN SUBMITTED TO THE AUDIT COMMITTEE FOR FINAL REVIEW AND APPROVAL. ALL COMMENTS AND SUGGESTED CHANGES WERE INCORPORATED INTO THE FINAL RETURN. THE FINAL FORM 990 IS PROVIDED TO THE COMPLETE BOARD PRIOR TO FILING AND IS MADE AVAILABLE TO THE PUBLIC ON THE ORGANIZATION'S WEBSITE. FORM 990, PART VI, SECTION B, QUESTION 12 ANNUALLY, EACH EMPLOYEE AND BOARD MEMBER IS REQUIRED TO REVIEW THE CONFLICT OF INTEREST POLICY. THIS IS DOCUMENTED BY A SIGNED CONFIRMATION STATEMENT FROM EACH PERSON. IF THE EMPLOYEE OR BOARD MEMBER HAS A POTENTIAL CONFLICT OF INTEREST WITH A PERSON, FIRM OR ENTITY WHICH DOES BUSINESS WITH, OR PROPOSES TO DO BUSINESS WITH THE BOWL, THEY MUST DISCLOSE THIS IN WRITING. FORM 990, PART VI, SECTION B, QUESTION 15 PEACH BOWL INC. HAS A COMPENSATION COMMITTEE THAT REVIEWS AND APPROVES EMPLOYEE COMPENSATION. THE COMPENSATION COMMITTEE USES COMPENSATION SURVEYS AND OTHER INDEPENDENT DATA TO SET COMPETITIVE COMPENSATION LEVELS. FORM 990, PART VI, SECTION C, LINE 19 PEACH BOWL, INC. MAKES ITS FORM 990 AVAILABLE FOR INSPECTION ON ITS ORGANIZATION WEBSITE AND UPON REQUEST. PEACH BOWL, INC. DOES NOT MAKE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC.