RAZORBACK FOUNDATION INC: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- RAZORBACK FOUNDATION INC (EIN 71-0540644)
- Tax period
- 2016-07-01 to 2017-06-30
- Filed
- 2018-05-14
- IRS object ID
- 201831349349306193
- Schema version
- 2016v3.0
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-05-14T14:08:15-05:00 | ReturnTs |
| Tax Period End | 2017-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 731413977 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOGANTAYLOR LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 688 MILLSAP SUITE 203 | AddressLine1Txt |
| City | FAYETTEVILLE | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 727034095 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 710540644 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RAZORBACK FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RAZO | BusinessNameControlTxt |
| Phone | 4794439000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1295 S RAZORBACK ROAD STE A | AddressLine1Txt |
| City | FAYETTEVILLE | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72701 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BILLYE VETETO | PersonNm |
| Person Title | CHIEF FINANCIAL OFFICER | PersonTitleTxt |
| Phone | 4794439000 | PhoneNum |
| Signature | 2018-05-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | W LYNDEL LACKEY | PreparerPersonNm |
| PTIN | P00234298 | PTIN |
| Phone | 4795219191 | PhoneNum |
| Preparation | 2018-05-11 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | BILLYE VETETO | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1295 S RAZORBACK ROAD STE A | AddressLine1Txt |
| City | FAYETTEVILLE | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72701 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $40,530,216 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.RAZORBACKFOUNDATION.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1981 | FormationYr |
| Legal Domicile State | AR | LegalDomicileStateCd |
| Activity Or Mission | SUPPORT OF INTERCOLLEGIATE ATHLETICS AT THE UNIVERSITY OF ARKANSAS | ActivityOrMissionDesc |
| Voting Members Governing Body | 12 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 16 | TotalEmployeeCnt |
| Total Volunteers | 12 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $48,909,828 | PYContributionsGrantsAmt |
| CY Contributions Grants | $36,524,256 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $561,751 | PYInvestmentIncomeAmt |
| CY Investment Income | $407,091 | CYInvestmentIncomeAmt |
| PY Other Revenue | $80,549 | PYOtherRevenueAmt |
| CY Other Revenue | $308,351 | CYOtherRevenueAmt |
| PY Total Revenue | $49,552,128 | PYTotalRevenueAmt |
| CY Total Revenue | $37,239,698 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $21,240,432 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $28,514,884 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,348,289 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,594,127 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,801,397 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,766,451 | PYOtherExpensesAmt |
| CY Other Expenses | $3,993,915 | CYOtherExpensesAmt |
| PY Total Expenses | $26,355,172 | PYTotalExpensesAmt |
| CY Total Expenses | $34,102,926 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $23,196,956 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,136,772 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $75,388,665 | TotalAssetsBOYAmt |
| Total Assets EOY | $79,661,943 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,029,489 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $672,251 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $74,359,176 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $78,989,692 | NetAssetsOrFundBalancesEOYAmt |
| Mission | SUPPORT OF INTERCOLLEGIATE ATHLETICS AT THE UNIVERSITY OF ARKANSAS | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $28,514,884 | ExpenseAmt |
| Grant | $28,514,884 | GrantAmt |
| Desc | PAYMENTS TO AND ON BEHALF OF THE UNIVERSITY OF ARKANSAS ATHLETIC DEPARTMENT FOR SCHOLARSHIPS, FACILITIES, CONSTRUCTION, RENOVATION, AND OPERATIONAL FUNDING. | Desc |
| Total Program Service Expenses | $28,514,884 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (1) | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 19 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 16 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | Yes (1) | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 12 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BILLYE VETETO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4794439000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1295 S RAZORBACK ROAD STE A | AddressLine1Txt |
| City | FAYETTEVILLE | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72701 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| MIKE AKIN | |||||||
| DIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| RICK CHAPMAN | |||||||
| DIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| CHARLES BALENTINE | |||||||
| DIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| DR JIM COUNCE | |||||||
| DIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| RICK MASSEY | |||||||
| DIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| JOHN RUTLEDGE | |||||||
| DIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| ED DRILLING | |||||||
| DIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| JIM WILLIAMS | |||||||
| DIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| ANGELA RYAN | |||||||
| DIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| KEVIN SCANLON | |||||||
| DIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| KEN MOURTON | |||||||
| DIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| TODD SIMMONS | |||||||
| DIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| SCOTT VARADY | |||||||
| EXECUTIVE DIRECTOR | 50.00 | $236,848 | $0 | $26,108 | Yes (X) | ||
| BILLYE VETETO | |||||||
| CHIEF FINANCIAL OFFICER | 50.00 | $131,781 | $0 | $17,546 | Yes (X) | ||
| JOHN MATSKO | |||||||
| SENIOR ASSOCIATE DIRECTOR | 50.00 | $103,237 | $0 | $19,521 | Yes (X) | ||
| MARVIN CASTON | |||||||
| SENIOR DIRECTOR OF DEVELOPMENT | 50.00 | $100,745 | $0 | $23,579 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $572,611 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $86,754 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 4 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| BRET BIELEMA | |||||
| 4903 E MAYWOOD ROAD | FAYETTEVILLE | AR | 72703 | SPEAKING ENGAGEMENTS | $500,000 |
| VAN HORN ENTERPRISES | |||||
| 4708 E MAYWOOD ROAD | FAYETTEVILLE | AR | 72703 | SPEAKING ENGAGEMENTS | $257,548 |
| MI-MAR FAMILY ENTERPRISES LLC | |||||
| 3446 N HORSE MEADOW DRIVE | FAYETTEVILLE | AR | 72703 | SPEAKING ENGAGEMENTS | $200,000 |
| FRANK BROYLES | |||||
| 2622 MADISON 2400 | HUNTSVILLE | AR | 72740 | DEFERRED COMPENSATION | $102,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $36,524,256 | AllOtherContributionsAmt |
| Noncash Contributions | $409,755 | NoncashContributionsAmt |
| Total Contributions | $36,524,256 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $284,236 | TotalRevenueColumnAmt |
| Exclusion | $284,236 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,413,373 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,290,518 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $122,855 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $122,855 | TotalRevenueColumnAmt |
| Exclusion | $122,855 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| MISCELLANEOUS INCOME | 900099 | $306,096 | $306,096 |
| A-CLUB OTHER INCOME | 900099 | $2,255 | $2,255 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $308,351 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $37,239,698 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $308,351 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $407,091 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,514,884 | TotalAmt |
| Program Services | $28,514,884 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $428,535 | TotalAmt |
| Management And General | $228,788 | ManagementAndGeneralAmt |
| Fundraising | $199,747 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $907,819 | TotalAmt |
| Management And General | $484,061 | ManagementAndGeneralAmt |
| Fundraising | $423,758 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $78,426 | TotalAmt |
| Management And General | $45,016 | ManagementAndGeneralAmt |
| Fundraising | $33,410 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,658 | TotalAmt |
| Management And General | $43,626 | ManagementAndGeneralAmt |
| Fundraising | $46,032 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,689 | TotalAmt |
| Management And General | $40,217 | ManagementAndGeneralAmt |
| Fundraising | $49,472 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $286,414 | TotalAmt |
| Management And General | $286,414 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,875 | TotalAmt |
| Management And General | $8,875 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,810 | TotalAmt |
| Management And General | $27,810 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,518 | TotalAmt |
| Management And General | $17,518 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,295,662 | TotalAmt |
| Management And General | $126,301 | ManagementAndGeneralAmt |
| Fundraising | $1,169,361 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $179,284 | TotalAmt |
| Management And General | $158,978 | ManagementAndGeneralAmt |
| Fundraising | $20,306 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $118,508 | TotalAmt |
| Management And General | $77,675 | ManagementAndGeneralAmt |
| Fundraising | $40,833 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $177,418 | TotalAmt |
| Management And General | $16,636 | ManagementAndGeneralAmt |
| Fundraising | $160,782 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,392 | TotalAmt |
| Management And General | $3,537 | ManagementAndGeneralAmt |
| Fundraising | $3,855 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,831 | TotalAmt |
| Management And General | $8,831 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $546,219 | TotalAmt |
| Management And General | $546,219 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,843 | TotalAmt |
| Management And General | $27,335 | ManagementAndGeneralAmt |
| Fundraising | $508 | FundraisingAmt |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,292,141 | TotalAmt |
| Management And General | $638,808 | ManagementAndGeneralAmt |
| Fundraising | $653,333 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,102,926 | TotalAmt |
| Program Services | $28,514,884 | ProgramServicesAmt |
| Management And General | $2,786,645 | ManagementAndGeneralAmt |
| Fundraising | $2,801,397 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,446,156 | BOYAmt |
| EOY | $11,104,482 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,687,543 | BOYAmt |
| EOY | $32,475,120 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,340,929 | BOYAmt |
| EOY | $1,641,035 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,370,710 | BOYAmt |
| EOY | $1,350,234 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $17,156,463 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,182,615 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,490,674 | BOYAmt |
| EOY | $14,973,848 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,127,921 | BOYAmt |
| EOY | $8,339,815 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,924,732 | BOYAmt |
| EOY | $9,777,409 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $75,388,665 | BOYAmt |
| EOY | $79,661,943 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $640,298 | BOYAmt |
| EOY | $655,251 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $389,191 | BOYAmt |
| EOY | $17,000 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,029,489 | BOYAmt |
| EOY | $672,251 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,032,252 | BOYAmt |
| EOY | $42,445,565 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,064,378 | BOYAmt |
| EOY | $33,168,917 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,262,546 | BOYAmt |
| EOY | $3,375,210 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $74,359,176 | BOYAmt |
| EOY | $78,989,692 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $75,388,665 | BOYAmt |
| EOY | $79,661,943 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $3,136,772 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $1,872,522 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$378,778 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Organization | Yes (X) | CollegeOrganizationInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $25,753,934 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $27,883,836 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $39,184,292 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $48,909,828 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $36,524,256 | CurrentTaxYearAmt |
| Total | $178,256,146 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $25,753,934 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $27,883,836 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $39,184,292 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $48,909,828 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $36,524,256 | CurrentTaxYearAmt |
| Total | $178,256,146 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $15,896,393 | SubstantialContributorsTotAmt |
| Public Support Total170 | $162,359,753 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $221,227 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $165,811 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $133,286 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $111,925 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $284,236 | CurrentTaxYearAmt |
| Total | $916,485 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,093,399 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $292,630 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $436,731 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $80,549 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $308,351 | CurrentTaxYearAmt |
| Total | $3,211,660 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $182,384,291 | TotalSupportAmt |
| Public Support CY170 | 0.89020 | PublicSupportCY170Pct |
| Public Support PY170 | 0.88200 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,954,337 | BeginningYearBalanceAmt |
| Contributions | $112,664 | ContributionsAmt |
| Investment Earnings Or Losses | $541,839 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $221,225 | OtherExpendituresAmt |
| End Year Balance | $4,387,615 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,752,820 | BeginningYearBalanceAmt |
| Contributions | $354,200 | ContributionsAmt |
| Investment Earnings Or Losses | $9,884 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $162,567 | OtherExpendituresAmt |
| End Year Balance | $3,954,337 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,513,385 | BeginningYearBalanceAmt |
| Contributions | $187,750 | ContributionsAmt |
| Investment Earnings Or Losses | $255,336 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $203,651 | OtherExpendituresAmt |
| End Year Balance | $3,752,820 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,038,345 | BeginningYearBalanceAmt |
| Contributions | $215,776 | ContributionsAmt |
| Investment Earnings Or Losses | $376,579 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | -$117,315 | OtherExpendituresAmt |
| End Year Balance | $3,513,385 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,398,572 | BeginningYearBalanceAmt |
| Contributions | $237,384 | ContributionsAmt |
| Investment Earnings Or Losses | $402,389 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $3,038,345 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 0.76930 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.23070 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $11,700,000 | InvestmentCostOrOtherBasisAmt |
| Book Value | $11,700,000 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,456,463 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,182,615 | DepreciationAmt |
| Book Value | $3,273,848 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $14,973,848 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| OTHER PARTNERSHIPS | $3,542,148 | F |
| NON-MARKETABLE ALT. | $2,897,710 | F |
| MARKETABLE ALT. | $3,337,551 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $9,777,409 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEFERRED COMPENSATION | Desc |
| Amt | $17,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $17,000 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $39,835,543 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $1,872,522 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $954,326 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $2,826,848 | RevenueNotReportedAmt |
| Revenue Subtotal | $37,008,695 | RevenueSubtotalAmt |
| Other Revenues Not Included | $231,003 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $231,003 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $37,239,698 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $35,205,027 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $954,326 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $377,154 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $1,331,480 | ExpensesNotReportedAmt |
| Expenses Subtotal | $33,873,547 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $229,379 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $229,379 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $34,102,926 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | ENDOWMENT FUND EARNINGS ARE USED FOR OPERATIONS, CONSISTENT WITH DONOR INTENT. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | A CLUB REVENUE 26,981. ANNUITY PAYABLE RELEASE 204,022. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN CASH SURRENDER VALUE LIFE INSURANCE -52,792. PROVISION FOR UNCOLLECTIBLE ACCOUNTS 429,946. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | A CLUB EXPENSES 25,357. ANNUITY PAYABLE RELEASE 204,022. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|
| UNIVERSITY OF ARKANSAS | ||||||
| 1 UNIVERSITY OF ARKANSAS | FAYETTEVILLE | AR | 72701 | 716003252 | $13,551,205 | ATHLETIC DEPARTMENT EXPENSE |
| UNIVERSITY OF ARKANSAS | ||||||
| 1 UNIVERSITY OF ARKANSAS | FAYETTEVILLE | AR | 72701 | 716003252 | $14,963,679 | CAPITAL CONSTRUCTION |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Org | 1 | TotalOtherOrgCnt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SCOTT VARADY | PersonNm |
| Title | EXECUTIVE DIRECTOR | TitleTxt |
| Base Compensation Filing Org | $230,011 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $6,837 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $12,214 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $13,894 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $262,956 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 3 | EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS DETERMINED THE SALARY OF THE EXECUTIVE DIRECTOR. |
| PART I, LINE 7 | EMPLOYEES ARE ELIGIBLE FOR ONE-TIME BOWL GAME BONUSES THAT ARE NOT FIXED BY THEIR EMPLOYMENT CONTRACT OR SPECIFIED FORMULA. BONUSES ARE APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS AND WERE INCLUDED IN THE BUDGET APPROVED BY THE FULL BOARD. |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (2 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan From OrganizationLoanFromOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd |
|---|---|---|---|---|---|---|---|
| JEFF LONG | |||||||
| INTERESTED PERSON | LIFE INSURANCE | Yes (X) | $500,000 | $587,773 | 0 | Yes (1) | Yes (1) |
| JEFF LONG | |||||||
| INTERESTED PERSON | LIFE INSURANCE | Yes (X) | $650,000 | $692,628 | 0 | Yes (1) | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $1,280,401 | TotalBalanceDueAmt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 23 | ContributionCnt |
| Noncash Contributions Rpt F990 | $409,755 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | HI/LO AVG STOCK PRICE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 32B: | FormAndLineReferenceDesc |
| Explanation | THE FOUNDATION USES A STOCK BROKER TO SELL PUBLICLY TRADED STOCK THAT IS DONATED. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE ORGANIZATION HAS MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 7A | CERTAIN MEMBERS VOTE ANNUALLY TO ELECT THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 IS REVIEWED BY MANAGEMENT AND THE BOARD OF DIRECTORS PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY IS REVIEWED AT ALL BOARD MEETINGS. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS DETERMINES THE SALARY OF THE EXECUTIVE DIRECTOR. ALL OTHER SALARIES ARE INCLUDED IN THE ANNUAL BUDGET APPROVED BY THE BOARD OF DIRECTORS. FURTHER, A THIRD-PARTY WAS USED TO PERFORM SALARY STUDIES FOR ALL POSITIONS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS AND FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | A CLUB INCOME & EXPENSES -1,624. CHANGE IN CASH SURRENDER VALUE LIFE INSURANCE 52,792. PROVISION FOR UNCOLLECTIBLE ACCOUNTS -429,946. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| SPORTS SHOWS INC | |||||||||
| 1295 S RAZORBACK RD STE A | FAYETTEVILLE | AR | 72701 | 710845003 | RADIO/TELEVISION | AR | $0 | $0 | RAZORBACK FOUNDATION INC |
| CATO SPRINGS ROAD LLC | |||||||||
| 1295 S RAZORBACK RD STE A | FAYETTEVILLE | AR | 72701 | 472809054 | ACCEPT THIRD PARTY GIFTS OF PROP & EQUIP FOR THE BENEFIT OF THE FOUNDATION | AR | $0 | $8,700,000 | RAZORBACK FOUNDATION INC |
| A CLUB | |||||||||
| 1295 S RAZORBACK RD STE A | FAYETTEVILLE | AR | 72701 | FORMER LETTER WINNER CLUB | AR | $1,624 | $100,087 | RAZORBACK FOUNDATION INC | |
| WILD HOG PRODUCTIONS | |||||||||
| 1295 S RAZORBACK RD STE A | FAYETTEVILLE | AR | 72701 | SPECIAL EVENTS | AR | $0 | $0 | RAZORBACK FOUNDATION INC | |
| TSSD LLC | |||||||||
| 1295 S RAZORBACK RD STE A | FAYETTEVILLE | AR | 72701 | 812797152 | ACCEPT THIRD PARTY GIFTS OF PROP & EQUIP FOR THE BENEFIT OF THE FOUNDATION | AR | $0 | $3,000,000 | RAZORBACK FOUNDATION INC |
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