2025-05-13T07:01:36-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 20 EAST THOMAS ROAD SUITE 2300 PHOENIX AZ 85012 990 2023-07-01 471080784 ARIZONA GOLF COMMUNITY FOUNDATION ARIZ 4809481300 PO BOX 877505 TEMPE AZ 85287 MORGAN R OLSEN SECRETARY/TREASURER 4809481300 2025-05-08 1 0 JACQUELINE ECKMAN P01300648 6022662248 2025-05-08 2023 2025-03-06 01:10:19Z MORGAN R OLSEN 300 E UNIVERSITY DR 320 TEMPE AZ 85287 10767138 0 X N/A X 2014 AZ PROVIDING ACCESS AND EXPOSURE TO THE SPORT OF GOLF, INCLUDING THROUGH COACHING AND TRAINING ABOUT THE RULES OF THE GAME, ETIQUETTE, SAFETY AND FUNDAMENTALS; OFFERING GOLF-RELATED YOUTH AND ADULT EDUCATIONAL PROGRAMMING; AND FACILITATING RESEARCH REGARDING CONSERVATION OF NATURAL RESOURCES OR OTHER ISSUES PERTAINING TO THE ENVIRONMENT. 3 3 0 3 0 0 0 0 9188701 9990805 0 0 284380 318042 9473081 10308847 0 0 0 0 0 0 0 0 0 8209091 8873350 8209091 8873350 1263990 1435497 14971120 17855104 1530376 2978863 13440744 14876241 X PROVIDING ACCESS AND EXPOSURE TO THE SPORT OF GOLF, INCLUDING THROUGH COACHING AND TRAINING ABOUT THE RULES OF THE GAME, ETIQUETTE, SAFETY AND FUNDAMENTALS; OFFERING GOLF-RELATED YOUTH AND ADULT EDUCATIONAL PROGRAMMING; AND FACILITATING RESEARCH REGARDING CONSERVATION OF NATURAL RESOURCES OR OTHER ISSUES PERTAINING TO THE ENVIRONMENT. 0 0 8144284 10308847 THROUGH ITS RIGHTS AND RESPONSIBILITIES TO OPERATE AND MANAGE THE PAPAGO GOLF COURSE, THE ARIZONA GOLF COMMUNITY FOUNDATION HAS PROVIDED ACCESS TO AFFORDABLE GOLF FACILITIES, EXPOSURE TO THE SPORT OF GOLF, GOLF COACHING AND TRAINING, AND YOUTH AND ADULT EDUCATION PROGRAMS. 8144284 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 21 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 1 0 0 0 1 0 1 0 0 0 1 1 1 1 0 1 0 0 0 X NATE WEBB 4806061000 15044 N SCOTTSDALE RD STE 300 SCOTTSDALE AZ 85254 GREGG TRYHUS PRESIDENT 1.00 X X 0 0 0 MORGAN OLSEN SECRETARY & TREASURER 1.00 X X 0 0 0 CYNTHIA AGUILAR VICE PRESIDENT 1.00 X X 0 0 0 0 0 0 0 0 0 0 LEXICON INC 6707 CYPRESS PKWY HOUSTON TX 77069 GOLF COURSE CONSTRUCTION SERVICES 602763 DOUGLAS FREDRICKSON ARCHITECTS 727 E BETHANY HOME RD UNIT D123 PHOENIX AZ 85014 CLUBHOUSE DESIGN SERVICES 249666 SYMMETRY CONSTRUCTION LLC 118 HATCHER RD PHOENIX AZ 85021 CAPITAL PROJECT DESIGN SERVICES 129339 3 OPERATIONS AND SERVICES 713910 9990805 9990805 9990805 776333 458291 318042 318042 10308847 10308847 0 0 X 164983 82492 82491 46232 46232 342579 253308 89271 139323 97180 42143 54484 1019 53465 368547 361252 7295 7690 7690 520725 520725 188464 188464 REIMBURSEMENT OF LABOR 3949781 3669660 280121 CLUB OPERATIONS 1219427 1219427 SUPPLIES 460581 424780 35801 CREDIT CARD DISCOUNTS 336942 336942 1073592 989035 84557 8873350 8144284 729066 0 4535076 4811742 185459 396452 357793 309542 3661 174049 13308078 2302308 9729071 11005770 160060 1157549 14971120 17855104 769174 1044809 263533 312630 497669 1621424 1530376 2978863 X 13440744 14876241 13440744 14876241 14971120 17855104 1435497 0 X 0 1 X 0 0 X 2000000 2000000 5518276 7218717 9128362 9828164 10767138 42460657 5518276 7218717 11128362 9828164 10767138 44460657 0 0 0 44460657 5518276 7218717 11128362 9828164 10767138 44460657 1.00000 1.00000 0.00000 X PART III, LINE 2 COLUMN (A), LINE 2 WAS RESTATED TO REFLECT THE AMOUNTS OF GROSS RECEIPTS. 10021435 1323799 8697636 1793524 978509 815015 1493119 1493119 11005770 DEPOSITS 3225 RIGHT-OF-USE ASSET, FINANCING 38862 RIGHT-OF-USE ASSET, OPERATING 1115462 1157549 SITE FUND RESERVE 465553 OPERATING LEASE LIABILITY 1115462 FINANCE LEASE LIABILITY 40409 1621424 X 9089420 0 9089420 1219427 1219427 10308847 7653923 0 7653923 1219427 1219427 8873350 PART X, LINE 2: THE FOUNDATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER 501(C)(3) OF THE INTERNAL REVENUE CODE AND, THEREFORE, HAS NO PROVISION FOR FEDERAL INCOME TAXES. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE FOUNDATION'S TAX-EXEMPT PURPOSE WOULD BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE FOUNDATION DID NOT ENGAGE IN ANY UNRELATED BUSINESS ACTIVITIES DURING THE YEARS ENDED JUNE 30, 2024 OR 2023. THE FOUNDATION FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND ARIZONA STATE JURISDICTION. IN THE NORMAL COURSE OF BUSINESS, THE FOUNDATION IS SUBJECT TO EXAMINATION BY VARIOUS TAXING AUTHORITIES. THE FOUNDATION'S TAX RETURNS FOR THE YEARS ENDED JUNE 30, 2024 AND 2023, ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. PART XI, LINE 4B - OTHER ADJUSTMENTS: CLUB OPERATION EXPENSES MOVED TO FUNCTIONAL EXPENSES 1,219,427. PART XII, LINE 4B - OTHER ADJUSTMENTS: CLUB OPERATION EXPENSES MOVED TO FUNCTIONAL EXPENSES 1,219,427. FORM 990, PART VI, SECTION A, LINE 3 AGCF CONTRACTS WITH A MANAGEMENT COMPANY (OB SPORTS GOLF MANAGEMENT (PAPAGO), LLC) TO PROVIDE MANAGEMENT AND OPERATION SERVICES FOR PAPAGO GOLF COURSE. SERVICES PROVIDED ARE IN ACCORDANCE WITH THE CONSULTING, CONCESSION, AND MANAGEMENT SERVICES AGREEMENT, AND INCLUDE ACCOUNTING, COURSE MAINTENANCE, DAY TO DAY OPERATIONS, AND MARKETING. FORM 990, PART VI, SECTION A, LINE 7A AT ALL TIMES THE BOARD OF DIRECTORS SHALL CONSIST OF AT LEAST ONE (1) REPRESENTATIVE DESIGNATED BY ARIZONA STATE UNIVERSITY (THE "ASU DIRECTOR") AND AT LEAST ONE (1) REPRESENTATIVE DESIGNATED BY THE CITY OF PHOENIX (THE "CITY DIRECTOR"). FORM 990, PART VI, SECTION A, LINE 8B THE FOUNDATION DOES NOT HAVE ANY COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE VICE PRESIDENT FOR FINANCE AND DEPUTY TREASURER FOR ARIZONA STATE UNIVERSITY, WILL REVIEW THE DRAFT RETURN AFTER THE INITIAL REVIEW. A DRAFT COPY OF THE TAX RETURN WILL BE SENT TO THE BOARD OF DIRECTORS PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C PER THE ARIZONA GOLF COMMUNITY FOUNDATION CONFLICT OF INTEREST POLICY, ON AN ANNUAL BASIS, EACH BOARD MEMBER RECEIVES A COPY OF THE POLICY, AGREES TO COMPLY WITH THE POLICY, AND INDICATES WHETHER THEY HAVE ANY CONFLICTS OF INTEREST THAT REQUIRE DISCLOSURE. FORM 990, PART VI, SECTION B, LINE 15 FOR LINES 13, 15A AND 15B - ARIZONA GOLF COMMUNITY FOUNDATION HAS NO EMPLOYEES AND DOES NOT COMPENSATE THEIR DIRECTORS OR OFFICERS. OB SPORTS GOLF MANAGEMENT (PAPAGO), LLC, IS PAID FOR COURSE OPERATIONS, CONCESSIONS, ACCOUNTING, COURSE MAINTENANCE, AND MARKETING SERVICES. FOR LINE 14 - ARIZONA GOLF COMMUNITY FOUNDATION FOLLOWS THE DOCUMENT RETENTION AND DESTRUCTION POLICY OF OB SPORTS GOLF MANAGEMENT (TROON). FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 24E EQUIPMENT LEASES: PROGRAM SERVICE EXPENSES 238,772. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 238,772. FACILITY LEASE: PROGRAM SERVICE EXPENSES 200,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 200,000. REPAIRS AND MAINTENANCE: PROGRAM SERVICE EXPENSES 190,180. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 190,180. FERTILIZER AND CHEMICALS: PROGRAM SERVICE EXPENSES 126,740. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 126,740. FUEL AND OIL: PROGRAM SERVICE EXPENSES 82,936. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 82,936. SEED, SOD, AND SAND: PROGRAM SERVICE EXPENSES 80,238. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 80,238. EMPLOYEE RELATIONS: PROGRAM SERVICE EXPENSES 7,898. MANAGEMENT AND GENERAL EXPENSES 51,422. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 59,320. OTHER: PROGRAM SERVICE EXPENSES 20,666. MANAGEMENT AND GENERAL EXPENSES 32,783. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 53,449. UNIFORMS: PROGRAM SERVICE EXPENSES 41,605. MANAGEMENT AND GENERAL EXPENSES 352. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 41,957.