UNIVERSITY OF THE AFTERMARKET FOUNDATION: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
UNIVERSITY OF THE AFTERMARKET FOUNDATION (EIN 43-1414291)
Tax period
2020-09-01 to 2021-08-31
Filed
2022-05-26
IRS object ID
202201539349301310
Schema version
2020v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-05-26T16:27:33-07:00ReturnTs
Tax Period End2021-08-31TaxPeriodEndDt
Return Type990ReturnTypeCd
Tax Period Begin2020-09-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN431414291EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1UNIVERSITY OF THE AFTERMARKET FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlUNIVBusinessNameControlTxt
Phone3016546664PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line17101 WISCONSIN AVENUE SUITE 1300AddressLine1Txt
CityBETHESDACityNm
State AbbreviationMDStateAbbreviationCd
ZIP20814ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonNathan PerrinePersonNm
Person TitleComptrollerPersonTitleTxt
Phone2403331040PhoneNum
Signature2022-07-15SignatureDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer0TrustedCustomerCd
OOB Security Verification11OOBSecurityVerificationCd
Last Submission Rqr OOB1LastSubmissionRqrOOBCd
Authentication Assurance LevelAAL2AuthenticationAssuranceLevelCd
Profile Password ChangeYes (X)ProfilePasswordChangeInd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerROBERT EGANPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line17101 WISCONSIN AVENUEAddressLine1Txt
Address Line2SUITE 1300AddressLine2Txt
CityBETHESDACityNm
State AbbreviationMDStateAbbreviationCd
ZIP20814ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$4,454,782GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.UOFA-FOUNDATION.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1985FormationYr
Legal Domicile StateMOLegalDomicileStateCd
Activity Or MissionSUPPORT THE EDUCATION OF THOSE WHO SEEK TO CONTRIBUTE TO THE AUTOMOTIVE AFTERMARKET INDUSTRY'S SUCCESS.ActivityOrMissionDesc
Voting Members Governing Body43VotingMembersGoverningBodyCnt
Voting Members Independent43VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers50TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$795,231PYContributionsGrantsAmt
CY Contributions Grants$672,948CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$218,589PYInvestmentIncomeAmt
CY Investment Income$878,549CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,013,820PYTotalRevenueAmt
CY Total Revenue$1,551,497CYTotalRevenueAmt
PY Grants And Similar Paid$553,907PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$481,268CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$237,130PYOtherExpensesAmt
CY Other Expenses$227,161CYOtherExpensesAmt
PY Total Expenses$791,037PYTotalExpensesAmt
CY Total Expenses$708,429CYTotalExpensesAmt
PY Revenues Less Expenses$222,783PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$843,068CYRevenuesLessExpensesAmt
Total Assets BOY$9,087,050TotalAssetsBOYAmt
Total Assets EOY$10,352,982TotalAssetsEOYAmt
Total Liabilities BOY$82,150TotalLiabilitiesBOYAmt
Total Liabilities EOY$32,989TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$9,004,900NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$10,319,993NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO PROVIDE SCHOLARSHIPS TO INDIVIDUALS THAT ARE INTERESTED IN PURSUING A CAREER IN THE AUTOMOTIVE AFTERMARKET OR ATTENDING INDUSTRY RELATED COURSES AND TO SUPPORT THE RESEARCH, DEVELOPMENT, AND UTILIZATION OF INNOVATIVE METHODS OF EDUCATING ADULTS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$526,196ExpenseAmt
Grant$481,268GrantAmt
Revenue$0RevenueAmt
DescSCHOLARSHIPS - GRANTS ARE PROVIDED TO SUPPORT EDUCATIONAL PROGRAMS IN THE AUTOMOTIVE AFTERMARKET INDUSTRY.Desc
Total Other Prog Srvc Expense$0TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$0TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$0TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$526,196TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To OrgYes (1)MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document12IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members43GoverningBodyVotingMembersCnt
Independent Voting Member43IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMOStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonNATHAN PERRINEPersonNm
Phone3016546664PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line17101 WISCONSIN AVENUEAddressLine1Txt
Address Line2SUITE 1300AddressLine2Txt
CityBETHESDACityNm
State AbbreviationMDStateAbbreviationCd
ZIP20814ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (44 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt
ROBERT EGAN
CHAIRMAN1Yes (X)Yes (X)$0$0$0
JOHN WASHBISH
SENIOR VICE CHAIRMAN1Yes (X)Yes (X)$0$0$0
LARRY PAVEY
VICE CHAIRMAN1Yes (X)Yes (X)$0$0$0
MCCOLLUM ROGER
SECRETARY1Yes (X)Yes (X)$0$0$0
WILLIAM MAGGS
TREASURER1Yes (X)Yes (X)$0$0$0
RUSTY BISHOP
CHAIRMAN EMERITUS1Yes (X)$0$0$0
JENNIFER TIO
EXECUTIVE DIRECTOR1Yes (X)Yes (X)$0$0$0
AL FAYYED MOHAMMED
TRUSTEE1Yes (X)$0$0$0
WILLIAM BABCOX
TRUSTEE1Yes (X)$0$0$0
RICHARD BEIRNE
TRUSTEE1Yes (X)$0$0$0
MIKE BUZZARD
TRUSTEE1Yes (X)$0$0$0
MIKE CARR
TRUSTEE1Yes (X)$0$0$0
MAURO CIFELLI
TRUSTEE1Yes (X)$0$0$0
JEFF DARBY
TRUSTEE1Yes (X)$0$0$0
PAUL FERRANDINO
TRUSTEE1Yes (X)$0$0$0
CHRIS GARDNER
TRUSTEE1Yes (X)$0$0$0
DUNCAN GILLIS
TRUSTEE1Yes (X)$0$0$0
TODD HACK
TRUSTEE1Yes (X)$0$0$0
PHILIP HALBERG
TRUSTEE1Yes (X)$0$0$0
BILL HANVEY
TRUSTEE1Yes (X)$0$0$0
TIM HARDIN
TRUSTEE1Yes (X)$0$0$0
TODD HERTZLER
TRUSTEE1Yes (X)$0$0$0
PETE KORNAFEL
TRUSTEE1Yes (X)$0$0$0
JEFFREY KOVIAK
TRUSTEE1Yes (X)$0$0$0
PAUL MCCARTHY
TRUSTEE1Yes (X)$0$0$0
DAVE MCCOLLEY
TRUSTEE1Yes (X)$0$0$0
DAVID O'REILLY
TRUSTEE1Yes (X)$0$0$0
ROLLIE OLSON
TRUSTEE1Yes (X)$0$0$0
MARK OSTERMAN
TRUSTEE1Yes (X)$0$0$0
JOHN PARRAN
TRUSTEE1Yes (X)$0$0$0
DAVID PRATER
TRUSTEE1Yes (X)$0$0$0
HEATHER PREU
TRUSTEE1Yes (X)$0$0$0
CHRIS PRUITT
TRUSTEE1Yes (X)$0$0$0
JACQUELINE RODRIGUEZ
TRUSTEE1Yes (X)$0$0$0
ROBERT ROOS
TRUSTEE1Yes (X)$0$0$0
RICK SCHWARTZ
TRUSTEE1Yes (X)$0$0$0
ROBERT SEGAL
TRUSTEE1Yes (X)$0$0$0
ERIC SILLS
TRUSTEE1Yes (X)$0$0$0
STEVE SMITH
TRUSTEE1Yes (X)$0$0$0
DANIELLE SONNEFELD
TRUSTEE1Yes (X)$0$0$0
BILL STROUPE
TRUSTEE1Yes (X)$0$0$0
TOM TECKLENBERG
TRUSTEE1Yes (X)$0$0$0
CHUCK UDELL
TRUSTEE1Yes (X)$0$0$0
NATHAN PERRINE
COMPTROLLER1Yes (X)$0$0$00
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Federated Campaigns$0FederatedCampaignsAmt
Membership Dues$0MembershipDuesAmt
Fundraising$0FundraisingAmt
Related Organizations$0RelatedOrganizationsAmt
Government Grants$0GovernmentGrantsAmt
All Other Contributions$672,948AllOtherContributionsAmt
Noncash Contributions$0NoncashContributionsAmt
Total Contributions$672,948TotalContributionsAmt
Total Program Service Revenue$0TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$173,405TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$173,405ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$3,608,429SecuritiesAmt
Other$0OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$2,903,285SecuritiesAmt
Other$0OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$705,144SecuritiesAmt
Other$0OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$705,144TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$705,144ExclusionAmt
FieldValueIRS element (for citing)
Contri Rpt Fundraising Event$0ContriRptFundraisingEventAmt
Other Revenue Total$0OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,551,497TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$878,549ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$62,250TotalAmt
Program Services$62,250ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$419,018TotalAmt
Program Services$419,018ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$80,000TotalAmt
Management And General$80,000ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$5,255TotalAmt
Management And General$5,255ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$19,398TotalAmt
Management And General$19,398ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$60,533TotalAmt
Program Services$21,238ProgramServicesAmt
Management And General$39,295ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$28,447TotalAmt
Management And General$28,447ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$16,310TotalAmt
Program Services$16,310ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$878TotalAmt
Management And General$878ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,660TotalAmt
Management And General$1,660ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Management And General$0ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Management And General$0ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,588TotalAmt
Management And General$2,588ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
BANK FEES$4,712$0$4,712$0
MISCELLANEOUS EXPENSES$7,380$7,380$0$0

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$708,429TotalAmt
Program Services$526,196ProgramServicesAmt
Management And General$182,233ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$385,459BOYAmt
EOY$295,909EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$783,332BOYAmt
EOY$551,825EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$4,387BOYAmt
EOY$1,496EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,125BOYAmt
EOY$0EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$7,861,361BOYAmt
EOY$9,465,771EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$51,386BOYAmt
EOY$37,981EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$9,087,050BOYAmt
EOY$10,352,982EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$13,250BOYAmt
EOY$29,514EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$68,900BOYAmt
EOY$3,475EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$82,150BOYAmt
EOY$32,989EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,062,200BOYAmt
EOY$6,459,254EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,942,700BOYAmt
EOY$3,860,739EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,004,900BOYAmt
EOY$10,319,993EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,087,050BOYAmt
EOY$10,352,982EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$843,068ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$472,025NetUnrlzdGainsLossesInvstAmt
Donated Services And Use Fclts$0DonatedServicesAndUseFcltsAmt
Investment Expense$0InvestmentExpenseAmt
Prior Period Adjustments$0PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$991,192CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$890,923CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,463,686CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$795,231CurrentTaxYearMinus1YearAmt
Current Tax Year$672,948CurrentTaxYearAmt
Total$4,813,980TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$991,192CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$890,923CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,463,686CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$795,231CurrentTaxYearMinus1YearAmt
Current Tax Year$672,948CurrentTaxYearAmt
Total$4,813,980TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,673,169SubstantialContributorsTotAmt
Public Support Total170$3,140,811PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$123,665CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$164,403CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$162,659CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$162,992CurrentTaxYearMinus1YearAmt
Current Tax Year$173,405CurrentTaxYearAmt
Total$787,124TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$5,601,104TotalSupportAmt
Public Support CY1700.56075PublicSupportCY170Pct
Public Support PY1700.7034PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,896,252BeginningYearBalanceAmt
Contributions$0ContributionsAmt
Investment Earnings Or Losses$434,386InvestmentEarningsOrLossesAmt
Grants Or Scholarships$154,500GrantsOrScholarshipsAmt
Other Expenditures$0OtherExpendituresAmt
Administrative Expenses$19,468AdministrativeExpensesAmt
End Year Balance$3,156,670EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,676,642BeginningYearBalanceAmt
Contributions$0ContributionsAmt
Investment Earnings Or Losses$236,765InvestmentEarningsOrLossesAmt
Grants Or Scholarships$0GrantsOrScholarshipsAmt
Other Expenditures$0OtherExpendituresAmt
Administrative Expenses$17,155AdministrativeExpensesAmt
End Year Balance$2,896,252EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,692,490BeginningYearBalanceAmt
Contributions$0ContributionsAmt
Investment Earnings Or Losses$3,966InvestmentEarningsOrLossesAmt
Grants Or Scholarships$0GrantsOrScholarshipsAmt
Other Expenditures$0OtherExpendituresAmt
Administrative Expenses$19,814AdministrativeExpensesAmt
End Year Balance$2,676,642EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,555,043BeginningYearBalanceAmt
Contributions-$174ContributionsAmt
Investment Earnings Or Losses$157,614InvestmentEarningsOrLossesAmt
Grants Or Scholarships$0GrantsOrScholarshipsAmt
Other Expenditures$0OtherExpendituresAmt
Administrative Expenses$19,993AdministrativeExpensesAmt
End Year Balance$2,692,490EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,365,801BeginningYearBalanceAmt
Contributions$3,543ContributionsAmt
Investment Earnings Or Losses$205,080InvestmentEarningsOrLossesAmt
Grants Or Scholarships$0GrantsOrScholarshipsAmt
Other Expenditures$0OtherExpendituresAmt
Administrative Expenses$19,381AdministrativeExpensesAmt
End Year Balance$2,555,043EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.7229PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.2771TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Liability$0TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,362,205TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$472,026NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$399,215DonatedServicesAndUseFcltsAmt
Recoveries Prior Year Grants$0RecoveriesPriorYearGrantsAmt
Other Revenue$0OtherRevenueAmt
Revenue Not Reported$871,241RevenueNotReportedAmt
Revenue Subtotal$1,490,964RevenueSubtotalAmt
Investment Expenses Not Incld$60,533InvestmentExpensesNotIncldAmt
Other Revenues Not Included$0OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$60,533RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,551,497TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,047,112TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$399,215DonatedServicesUseFcltsAmt
Prior Year Adjustments$0PriorYearAdjustmentsAmt
Losses Reported$0LossesReportedAmt
Other Expenses Included$0OtherExpensesIncludedAmt
Expenses Not Reported$399,215ExpensesNotReportedAmt
Expenses Subtotal$647,897ExpensesSubtotalAmt
Investment Expenses Not Incld2$60,532InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$0OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$60,532ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$708,429TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule D, Part V, Line 4THE FOUNDATION HAS A GENERAL ENDOWMENT FUND AND A COMMEMORATIVE ENDOWMENT. EACH ENDOWMENT'S PURPOSE IS TO FURTHER THE FOUNDATION'S STATED MISSION NAMELY TO PROVIDE GRANTS AND SCHOLARSHIPS TO INDIVIDUALS EMPLOYED OR SEEKING EMPLOYMENT IN THE AUTOMOTIVE AFTERMARKET.
Schedule D, Part X, Line 2THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT FOR TAXES ON UNRELATED BUSINESS INCOME. THERE WERE NO UNRELATD BUSINESS INCOME ACTIVITIES IN THE FISCAL YEARS ENDED AUGUST 31,2021 AND 2020. IN ADDITION, THE FOUNDATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170 AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(1). THE FOUNDATION ADOPTED THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. THE FOUNDATION EVALUATED ITS TAX POSITIONS AND DETERMINED THAT ITS POSITIONS ARE MORE-LIKELY-THAN-NOT TO BE SUSTAINED ON EXAMINATION. THE FOUNDATION'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE AND LOCAL AUTHORITIES.

Schedule F IRS990ScheduleF

Grants To Org Outside US GrantsToOrgOutsideUSGrp

FieldValueIRS element (for citing)
RegionNorth America (including Canada and Mexico, but not the United States)RegionTxt
Purpose Of GrantAUTOMOTIVE SCHOLARSHIPS IN CANADAPurposeOfGrantTxt
Cash Grant$10,000CashGrantAmt
Manner Of Cash DisbursementWIRE TO ORGANIZATIONMannerOfCashDisbursementTxt
Non Cash Assistance$0NonCashAssistanceAmt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org1TotalOtherOrgCnt
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1UNIVERSITY OF THE AFTERMARKETBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line14000 WHITING ROADAddressLine1Txt
CityMIDLANDCityNm
State AbbreviationMIStateAbbreviationCd
ZIP48640ZIPCd
FieldValueIRS element (for citing)
Recipient EIN381624684RecipientEIN
IRC Section501(C)(3)IRCSectionDesc
Cash Grant$36,750CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Purpose Of GrantLEADERSHIP 2.0 GRANTS AND AAP/MAAP GRANTSPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIP GRANTS TO AUTO INDUSTRY STUDENTSGrantTypeTxt
Recipient279RecipientCnt
Cash Grant$488,000CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Valuation Method Used0ValuationMethodUsedDesc

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule I, Part I, Line 2FormAndLineReferenceDesc
ExplanationALL GRANTS ARE REVIEWED AND APPROVED BY THE BOARD DURING REGULAR MEETINGS. GRANTS ARE THOROUGHLY DISCUSSED BY BOARD MEMBERS AND A VOTE IS TAKEN AFTER EACH DISCUSSION. THE USE OF THE MAJORITY OF GRANT FUNDS IS MONITORED BY THE ACCOUNTING GROUP WHICH PROVIDES SIMILAR SERVICES TO THE RECIPIENTS OF THE GRANTS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part III, Line 1DESCRIPTION OF ORGANIZATION MISSION : PURSUING A CAREER IN THE AUTOMOTIVE AFTERMARKET OR ATTENDING INDUSTRY RELATED COURSES.
Form 990, Part VI, Section A, Line 1aTHE BOARD OF TRUSTEES, BY VOTE OF A MAJORITY OF THE ENTIRE BOARD, MAY PROVIDE FOR AN EXECUTIVE COMMITTEE. IF PROVISION BE MADE FOR AN EXECUTIVE COMMITTEE, IT SHALL CONSIST OF THE CHAIRMAN, CHAIRMAN EMERITUS, TWO(2) VICE CHAIRMEN, SECRETARY AND TREASURER, LIFETIME HONORARY CHAIRMAN OF THE BOARD OF TRUSTEES, AND THE TREASURER EMERITUS, AND SUCH OTHER MEMBERS AS THE BOARD SHALL CHOOSE TO SERVE DURING THE PLEASURE OF THE BOARD. VACANCIES IN THE COMMITTEE SHALL BE FILLED BY THE COMMITTEE. DURING THE INTERVALS BETWEN MEETINGS OF THE BOARD OF TRUSTEES, THE EXECUTIVE COMMITTEE SHALL POSSESS AND MAY EXERCISE ANY OR ALL OF THE POWERS OF THE BOARD OF TRUSTEES AND SHALL MANAGE THE BUSINESS AND AFFAIRS OF THE CORPORATION, TO THE EXTENT AUTHORIZED BY RESOLUTION ADOPTED BY A MAJORITY OF THE ENTIRE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE SHALL KEEP A FULL AND FAIR RECORD OF ITS TRANSACTIONS. ALL ACTIONS SHALL BE REPORTED TO THE BOARD OF TRUSTEES AT ITS MEETING NEXT SUCCEEDING SUCH ACTION, AND SHALL BE SUBJECT TO REVISION AND ALTERATION BY THE BOARD OF TRUSTEES; PROVIDED THAT NO RIGHTS OF THIRD PERSONS SHALL BE AFFECTED BY ANY SUCH REVISION OR ALTERATION. A MAJORITY OF THE EXECUTIVE COMMITTEE SHALL BE NECESSARY AND SUFFICIENT TO CONSTITUTE A QUORUM. THE EXECUTIVE COMMITTEE MAY DETERMINE ITS RULES OF PROCEDURE AND THE NOTICE TO BE GIVEN OF ITS MEETINGS. THE EXECUTIVE COMMITEE SHALL BE COMPOSED OF AT LEAST TWO INDIVIDUALS ENGAGED IN WAREHOUSE DISTRIBUTION, AT LEAST ONE INDIVIDUAL ENGAGED IN THE MANUFACTURE OF AUTOMOTIVE REPLACEMENT PARTS, THE CHAIRMAN OF THE AUTOMOTIVE WAREHOUSE DISTRIBUTORS ASSOCIATION.
Form 990, Part VI, Section A, Line 3AUTO CARE ASSOCIATION PROVIDES ACCOUNTING AND ADMINISTRATIVE SERVICES TO THE FOUNDATION ON A PRO-BONO BASIS.
Form 990, Part VI, Section B, Line 11bTHE FORM 990 IS REVIEWED BY THE FOUNDATION'S COMPTROLLER PRIOR TO FILING.
Form 990, Part VI, Section B, Line 12cTHE BOARD OF TRUSTEES REQUIRES FULL DISCLOSURE OF CONFLICTS OF INTERESTS BY ITS MEMBERS. IF SUCH A CONFLICT IS IDENTIFIED UNINTERESTED MEMBERS OF THE BOARD OR EXECUTIVE COMMITTEE CAN VOTE TO VOID THE TRANSACTION CAUSING THE CONFLICT BY MAJORITY VOTE.
Form 990, Part VI, Section C, Line 19THE FOUNDATION'S TAX RETURNS ARE PUBLISHED AT WWW.GUIDESTAR.ORG. ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.

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