2020-05-05T11:42:31-05:00 2019-09-30 363990892 Capin Crouse LLP 2435 Research Parkway STE 200 Colorado Springs CO 80920 990 2018-10-01 462719381 Glorieta 20 Inc GLOR 5057576161 11 State Road 50 Glorieta NM 87535 Anthony Scott Executive Director 5057576161 2020-05-05 1 Ashley Peabody P01385870 7195286225 139.146.132.42 2020-05-05 12:42:25 ED P A15B9852ADA5EB65E2ADA13D1A9AD09D5EBDE377 A72302F70032F3AE985007BF8A4925C0D660DE77 2018 2021-01-29 14:40:06Z Anthony Scott 11 State Road 50 Glorieta NM 87535 10140457 0 X glorieta.org X 2013 NM Please see Schedule O for the mission statement. 4 4 320 152 0 0 1653559 990165 6257017 6684510 12799 12646 492844 556091 8416219 8243412 17193 68514 0 0 2380025 2834512 0 0 0 5055431 5690774 7452649 8593800 963570 -350388 10552353 10000063 1569786 1367884 8982567 8632179 X Glorieta's mission is to inspire Christ-like change through outdoor activities, authentic relationships, and Biblical truth. 0 0 6678923 68514 6946912 Nestled in the foothills of the Southern Rockies, Glorieta (the Camp) is a mountainous escape that is perfect for the casual camper, outdoor adventurer, or extreme sport enthusiast. While the climate and unbeatable activities draw many here, the experiences and relationships formed make the greatest impact. The programs are loaded with more than just fun: each is carefully tailored to inspire and transform lives towards a deeper relationship with Christ.The curriculum at Glorieta is equally far from ordinary. Tough issues are tackled head-on with straight talk - uncompromisingly Biblical, laced with grace, and delivered with humility. See Schedule O for continuation. 6678923 1 1 0 0 0 0 1 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 43 0 1 320 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X Pat Price 5057576161 11 State Road 50 Glorieta NM 87535 X Willie Langston Chairman 2.00 X X 0 0 0 David Weekley part year Chairman 2.00 X X 0 0 0 Terry Looper part year Vice Chairman 2.00 X X 0 0 0 Leonard Russo Secretary/Treasurer 2.00 X X 0 0 0 Kevin Hunt Board Member 1.00 X 0 0 0 Laura Roman Board Member 2.00 X 0 0 0 Anthony Scott Executive Director 40.00 X 39554 0 62846 Stacie Saenz Interim CFO / Director of Finance 8.00 X 0 0 0 Pat Price CFO / Director of Finance 8.00 X 0 0 0 Jeff Ward part year CFO / Director of Finance 7.00 X 0 0 0 39554 0 62846 0 0 0 0 Essential Utilities Inc 19 Wolf Road Santa Fe NM 87508 Electrical repair materials and labor 487247 Stewart Brothers Drilling Company PO Box 2067 Milan NM 87521 Well drilling 430327 Everyone's Roofing & Construction 202 N Mustang Rd 207 Mustang OK 73069 Roofing repair 354191 Glorieta Geoscience Inc PO Box 5727 Santa Fe NM 87502 Professional services 103691 4 97118 893047 30000 990165 Camps and retreats 721210 6684510 6684510 6684510 10633 10633 107013 59307 47706 47706 47706 1570000 2013 1570000 0 0 2013 2013 2013 530140 267738 262402 262402 Insurance proceeds 900099 198316 198316 47667 47667 245983 8243412 6946912 0 306335 68514 68514 180172 158551 21621 1973058 1736291 236767 101574 89385 12189 433368 381364 52004 146340 128779 17561 86245 86245 33700 33700 831237 15523 815714 409056 409056 46822 10772 36050 121559 70270 51289 1655147 1624035 31112 186055 180443 5612 432676 424585 8091 392187 303148 89039 Food and Activities 1442439 1440050 2389 Staff Development 53651 47213 6438 8593800 6678923 1914877 0 X 483539 735528 200856 903 149171 112900 130679 95913 95951 151822 169686 10923465 2212993 8339904 8710472 1167419 7673 10552353 10000063 326427 724412 470347 473877 773012 169595 1569786 1367884 X 8982567 8589695 42484 8982567 8632179 10552353 10000063 -350388 0 X X 0 1 X 1 0 X 3374328 2053413 2739910 1653559 990165 10811375 5207072 6616924 6994372 6761911 7214650 32794929 8581400 8670337 9734282 8415470 8204815 43606304 31000 31000 0 31000 31000 43575304 104309 82215 106656 102292 117646 513118 104309 82215 106656 102292 117646 513118 29737 55265 65401 191745 245983 588131 8715446 8807817 9906339 8709507 8568444 44707553 0.97470 0.98060 0.01150 0.01140 X Schedule A, Part III, Line 12, Explanation of Other Income: Misc income - 2014 Amount: $ 29,737. 2015 Amount: $ 55,265. 2016 Amount: $ 65,401. 2017 Amount: $ 24,124. 2018 Amount: $ 47,667. Insurance rebate - 2017 Amount: $ 167,621. 2018 Amount: $ 198,316. Schedule A, Part III: The organization is a public charity under section 509(a)(2) and completes Schedule A (Form 990), Part III. The organization has analyzed Schedule A (Form 990), Part II and established that it meets the 33 1/3% public support requirements under sections 509(a)(1) and 170(b)(1)(A)(vi), thus it qualifies to use the first listed special rule for Schedule B (Form 990) reporting. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 0.25 0 0 0 1 1 0.00 0 2635552 2635552 3860259 568976 3291283 3026528 1508286 1518242 1401126 135731 1265395 8710472 Advances from affiliated camps 169595 169595 8678696 176753 327045 503798 8174898 68514 68514 8243412 9029084 176753 327045 503798 8525286 68514 68514 8593800 Part II, Line 5: The organization regularly inspects to confirm there is no development on the area and that the use of the area is in compliance with the easement. Part II, Line 9: The organization's conservation easement is not reflected in the financial statements. Part XI, Line 2d - Other Adjustments: Direct rental expenses 59,307. Cost of goods sold 267,738. Part XI, Line 4b - Other Adjustments: Scholarships 68,514. Part XII, Line 2d - Other Adjustments: Direct rental expenses 59,307. Cost of goods sold 267,738. Part XII, Line 4b - Other Adjustments: Scholarships 68,514. 1 Scholarships 133 68514 Part I, Line 2: Scholarships are need-based and recipients are chosen based on an application. Scholarships are applied directly against registration fees and no cash changes hands. Texon LP Entity more than 35% owned by Terry Looper, Vice Chairman (part year) 159489 Texon LP provides propane for the camp facilities. Glorieta 2.0 pays standard market rates for the propane. 0 X 1 30000 similar sales 1 0 0 0 Part I, Column (b): The number of contributions represent the number of contributions received, not the number of items donated. Schedule M, Part I, Line 31: The organization implemented a nonstandard gift policy after the end of the fiscal year and will be able to respond "yes" to this question on future returns. Form 990, Part I, line 1, Mission statement: To inspire Christ-like change through outdoor adventure, authentic relationships, and biblical truth. Form 990, Part III, line 4a, program service description continued: The staff of devoted and inspired believers has been specially trained to provide a morally and physically sound infrastructure that is safe, inspiring, and most of all, life changing. Our Mission is to inspire Christ-like change through outdoor adventure, authentic relationships, and Biblical truth. Our vision is to fully utilize the resources God has given us, inspiring each individual to leave Glorieta more Christ-like, ready to make a difference in their own life, home, and community. Form 990, Part VI, Section A, line 2 Board members Terry Looper and Leonard Russo have a business relationship. Form 990, Part VI, Section A, line 4 During the reporting period the Articles of Incorporation were updated in the following ways: -The Purpose of Powers section was expanded to include thirteen specific objectives -Specific "Restriction on Powers" were added, including how remaining assets are to be distributed upon dissolution Form 990, Part VI, Section B, line 11b The Form 990 is prepared by an independent CPA firm. It is reviewed in detail by the Director of Finance & Administration. The 990 is then provided to the board members for their review and approval prior to filing with the IRS. Form 990, Part VI, Section B, line 12c Glorieta requires an annual signed statement from officers and board members which discloses any and all conflicts of interest with the organization. The board is reponsible for reviewing the signed statements. The board member with the conflict of interest may not vote or be present for voting on the matter. The board shall determine whether the transaction or arrangement is in the corporation's best interest, for its own benefit, and whether it is fair and reasonable. Proposed or ongoing transactions are monitored through ongoing conversations with the board members as major transactions arise. Form 990, Part VI, Section B, line 15a Line 15a Compensation for the Executive Director is determined by the Board of Directors based on their knowledge of comparable positions and Glorieta 2.0's economic resources. Deliberation is documented in the board minutes and the Director's employee file. Line 15b The organization does not compensate any other officers or key employees. Therefore this line was answered "no" in accordance with the instructions. Form 990, Part VI, Section C, line 19 Glorieta 2.0 makes its governing documents, conflict of interest policy and financial statements available to the public upon request. Form 990, Part VII: Glorieta 2.0, Inc. has entered into a shared services agreement with Camp Eagle. Under this shared services agreement, Camp Eagle provides certain administrative and accounting services to Glorieta 2.0, Inc. Jeff Ward is an employee of Camp Eagle. Form 990, Part X, Lines 27 - 29 In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its audited financial statements for the period ended 9/30/19. The 2018 Form 990 and its associated schedules were not updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the audited financial statements as follows on Form 990, Part X, Lines 27-29: Line 27 - Net assets without donor restrictions $8,589,695 Line 29 - Net assets with donor restrictions 42,484 ---------- Total net assets $8,632,179 Form 990, Part XII, line 2c Glorieta's board assumes responsibility for oversight of the audit of its financial statements and selection of an independent CPA firm. This process has not changed from the prior year.