2025-04-29T12:57:16-05:00 2022-12-31 582283283 Dougherty McKinnon & Luby LLC 2521 Brookstone Centre Pkwy Columbus GA 31904 990 2022-01-01 580607075 Ida Cason Callaway Foundation IDAC 7063242234 Highway 27 Pine Mountain GA 31822 Katherine Wilson Secretary 7066632281 2025-04-29 1 0 Erica D Chestnutt P00931402 7064949630 2022 2025-03-06 01:10:19Z X Katherine Wilson Highway 27 Pine Mountain GA 31822 10399766 0 X CallawayGardens.com X 1942 GA Connecting man and nature in a way that respects both man and nature. 6 5 373 209 552064 132422 1754041 111059 11151749 8423196 349724 989398 3958859 -5589226 17214373 3934427 0 0 0 0 3733664 3470386 0 0 0 5858942 6551933 9592606 10022319 7621767 -6087892 49653568 36678708 11659387 5338067 37994181 31340641 Connecting man and nature in a way that respects both. 0 0 7517523 9091200 The purpose of the Foundation is to engage in charitible, religious, educational & eleemosynary work to promote and operate organizations for the physical, moral, social and religious betterment of mankind. Gate admissions statistics show that approximately 374,000 persons entered Callaway Gardens to experience the horticultural, religious and educational aspects of the Gardens. 7517523 1 1 0 0 0 0 0 1 0 1 1 1 0 0 0 0 0 0 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 1 0 0 1 65 0 1 373 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 X 6 5 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 1 0 GA X Vickie Smith 7066632281 Highway 27 Pine Mountain GA 31822 Don Perry Trustee 1.00 X 0 0 0 Fran Rogers Chairman of the Board 1.00 X X 0 0 0 Douglas R Aldridge Trustee 1.00 X 0 0 0 Frank Foley Trustee 1.00 X 0 0 0 Joseph W Rogers Jr Trustee 1.00 X 0 0 0 Katherine Wilson Secretary 9.00 31.00 X 25695 87701 0 Garland Horton President/CEO 9.00 31.00 X 99479 339530 0 Vickie Smith Treasurer 10.00 30.00 X 37235 114931 0 Vicki Andrews VP of Human Resources 11.00 29.00 X 52206 130014 0 214615 672176 0 0 0 1 0 0 111059 111059 Admissions 713990 7726325 7726325 Tree Top Adventures 713990 359272 359272 Bike Rentals 713990 163386 163386 Fishing Revenue 713990 103923 103923 Attractions 713990 25300 25300 44990 44990 8423196 228639 37931 190708 182083 81639 100444 100444 100444 587392 6545014 496916 5874731 90476 670283 760759 760759 12053 -12053 -12053 Recreational Income 713990 321819 321819 Miscellaneous 713990 11168 11168 Equity in Income of Subsidiary 900003 -6010604 -6010604 -5677617 3934427 9091200 552064 -5819896 214616 214616 2598028 2265754 332274 657742 166797 490945 311946 311946 460462 460462 95194 95194 515506 493682 21824 7416 2867 4549 114693 114693 593713 556330 37383 409324 352878 56446 UBIT 10770 10770 Management fee 1722120 1722120 Maintenance and Repairs 692783 613423 79360 Supplies 639151 604198 34953 978855 739474 239381 10022319 7517523 2504796 0 5328307 3242385 23993 0 87015 350247 2024 0 137047 14808 36499948 26470219 15964102 10029729 3724415 3606061 24159612 19435478 227053 0 49653568 36678708 2213012 2324092 5821540 3013975 2396117 1228718 11659387 5338067 X 22805591 16252673 15188590 15087968 37994181 31340641 49653568 36678708 X -6087892 -565647 -1 X X 0 0 0 X 360345 273941 597827 392505 111059 1735677 6872053 6545951 7648916 11149271 8388186 40604377 7232398 6819892 8246743 11541776 8499245 42340054 40000 40000 130000 286680 496680 0 40000 40000 130000 286680 496680 41843374 588412 732088 893325 485090 404450 3103365 588412 732088 893325 485090 404450 3103365 7820810 7551980 9140068 12026866 8903695 45443419 0.92080 0.91590 0.06830 0.07310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 585100 X 0 0 15188590 -113841 -13219 15087968 15301429 268215 381054 15188590 14970208 250000 183162 101941 15301429 14595127 946797 571716 14970208 14675312 5000 -100326 -15141 14595127 0.90073 0.09927 0 0 1929077 1929077 32322292 25263554 7058738 1023496 810316 213180 1225083 396349 828734 10029729 15870344 C Bed Tax Bond 3565134 F 19435478 Part II, Line 9: The Foundation reports gains in the year of the sale of a conservation easement. There have been two conservation easements sold, one in 2004 for approximately 2,500 acres and one in 2008 for approximately 2,078 acres. The Foundation continues to own the property and may continue to utilize it so long as the use of the property complies with the requirements of the conservation easement. Part III, Line 4: The artwork of Athos Menaboni is displayed as an exhibit at the the Discovery Center of the Gardens. The artwork displayed depicts nature scenes and promotes man's awareness of nature. Part V, Line 4: Donor restricted endowment funds are investments in perpetuity, the income of which is subject to expenditure for specified purposes as provided by the donor. X 0 1 X 0 0 0 0 0 1 1 0 0 Garland Horton President/CEO 48980 167173 50499 172357 0 0 0 0 0 0 99479 339530 0 0 Vicki Andrews VP of Human Resources 30964 77113 21242 52901 0 0 0 0 0 0 52206 130014 0 0 Vickie Smith Treasurer 19999 61731 17236 53200 0 0 0 0 0 0 37235 114931 0 0 Part I, Line 1a The President & CEO is provided housing for the convenience of the employer (Ida Cason Callaway Foundation) and it is as a condition of employment for a period determined by the board. The housing is furnished on the business premises of the employer and is integral to the employer's business and charitable activities. Part I, Line 6 Bonus is based on a financial result factor on a consolidated basis for the Foundation and its wholly owned subsidiary. Additional factors included in determining bonus amount are individual's performance and team performance factors. Form 990, Part VI, Section A, line 2 Board of trustee member, Joe Rogers, is the spouse of the chairman of the board, Fran Rogers. Form 990, Part VI, Section B, line 11b Members of the board reviewed the Form 990 after it was filed. Form 990, Part VI, Section B, line 12c The conflict of interest policy has been distributed to officers and directors and is reviewed by the directors to ensure compliance. Form 990, Part VI, Section B, line 15 Compensation of the organization's officers, CEO and top management are determined by the board of trustees which consists of independent persons. Form 990, Part VI, Section C, line 19 The organization makes its information available upon request. Form 990, Part XI, line 9: Rounding -1. Form 990, Part VI, Section B, line 11b: The board of trustees oversees the audit and selection of the auditors. There has not an audit performed for the year ended December 31, 2022. Form 990, Part VII, Section A Officers compensation is allocated between the Foundation and its wholly-owned subsidiary. Amounts presented in Section A of Part VII of the Form 990 are the amounts allocated to the Foundation based on analysis of time and other statistics. Form 990, Part XI, line 2c: The Foundation has an audit committee that reviews the audited financial statements and meets with the auditors on at least an annual basis. The Foundation has not had a financial statement audit as of the date of the filing of this return for the year ended December 31, 2022. Form 990, Schedule R, Part V, # 5, Transaction Type O Sharing of Paid Employees - During January 2022 - November 2022, the Foundation and it's wholly-owned subsidiary share the services of certain departments (for example the accounting, human resource,systems, marketing and telecommunications departments as well as other departments provide services to both entities). Wages are paid by each entity for the employees in these departments depending on which entity the department is assigned to. The wages of shared employees are allocated based on statistical bases and reimbursed through departmental allocations between the two entities. In December 2022, a management company purchased several of the departments of the Resort and thus employees are no longer employed by the Subsidiary beginning in December, 2022. Form 990, Schedule R, Part V, # 5, Transaction Type P Reimbursement Paid to Other Organization for Expenses - During January 2022 - November 2022, the Foundation and it's wholly owned subsidiary share various departmental functions. The shared departments are reimbursed through departmental allocations. In December 2022, a management company purchased several of the depatments of the Resort and thus the sharing of departmental expenses will no longer occur starting in December 2022. Form 990, Schedule R, Part V, # 5, Transaction Type Q Reimbursement paid by other organization for expenses - During January 2022 - November 2022, the Foundation and it's wholly owned subsidiary share various departmental functions. The shared departments are reimbursed through departmental allocations. In December 2022, a management company purchased several of the departments of the Resort and thus the sharing of departmental expenses will no longer occur starting in December 2022. Form 990, Schedule R, Part V, # 5, Transaction Type D Loans/Guarantees with Other organization - The intercompany account was recapitalized during 2022 as approved by the board (see Schedule R, Code B). The remaining balance reflects the Foundation performing allocations for shared departments resulting in amending the return. The intercompany balance is repaid after the recapitalization. FORM 990, SCHEDULE R, PART V #5, TRANSACTION TYPE B Capital Contribution to Related Organization - The Foundation's board of trustees approved the recapitalization of the intercompany note between it's wholly owned subsidary in the amount of $10,873,113 effective March 2022. FORM 990, SCHEDULE R, PART V #5, TRANSACTION TYPE A Interest and rent from controlled entities - The Foundation collects rent from the Subsidiary and charged interest on the intercompany balance. The intercompany balance was recapitalized in March, 2022 as approved by the board and repaid after. In December 2022, a management company purchased several of the departments of the Resort and thus there is no longer any rent between the Foundation and Subsidiary and the intercompany note was repaid. FORM 990, SCHEDULE R, PART V #5, TRANSACTION TYPE K Rent paid to related party - The Foundation paid rent to the Subsidiary during January - November, 2022 based on a rental agreement. In December 2022, a management company purchased several of the departments of the Resort and thus the rental agreement was terminated and there is no longer rent between the Foundation and Subsidiary. 990, Page 1, Box B - Amended Return Amended return for adjustments made during analysis of 2022 balances and allocations for shared departmental expenses between the Subsidiary and the Foundation. Additional account balance analysis and departmental allocations were performed after the filing of the original return. The amended return changed the Statement of Functional Expenses, Statement of Revenues, Balance Sheet, Form 990-T, Schedules D, O, R. Callaway Gardens Resort Inc Highway 27 Pine Mountain GA 31822 580708272 Lodging and restaurant GA C -6569603 20914727 1.00000 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 Callaway Gardens Resort Inc D 1480043 Callaway Gardens Resort Inc K 118450 Callaway Gardens Resort Inc O 672176 Callaway Gardens Resort Inc P 758775 Callaway Gardens Resort Inc Q 2319964 Callaway Gardens Resort Inc A 220014 Callaway Gardens Resort Inc B 10873113