Overview
What is Valley Of The Sun Bowl Foundation?
The Valley of the Sun Bowl Foundation is a nonprofit organization situated in Arizona, known for hosting the annual Cactus Bowl, a college football game at the NCAA Football Bowl Subdivision level. Since its establishment in 1989, the foundation has played a significant role in organizing this event. While the detailed activities and mission of the foundation, such as fundraising or community outreach, are not specified in the provided information, the Cactus Bowl serves as their primary focus and contribution to the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star Rating)
The Valley Of The Sun Bowl Foundation has earned a solid Three-Star rating from Charity Navigator, indicating a satisfactory level of transparency and accountability. The organization boasts 100% independent board members and has strong financial oversight, with no noted material diversion of assets and comprehensive policies in place regarding conflicts of interest and whistleblowing.
Financially, the foundation is efficient, with an impressive program expense ratio of 93.12%, suggesting that the majority of its funds are directed towards its programs rather than administrative costs. This high ratio is a positive sign for potential donors looking for effective use of their contributions.
While the overall rating is good, there is always room for improvement. Keeping track of financial health and maintaining strong governance practices will be crucial for the foundation to enhance its rating further and ensure continued trust from its supporters and the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Valley Of The Sun Bowl Foundation legitimate?
Valley Of The Sun Bowl Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valley Of The Sun Bowl Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $142,722
Professional Fundraising Fees: $0
Other Salaries and Wages: $455,310
For more financial information, click here
What is the mission statement of Valley Of The Sun Bowl Foundation?
The Valley of the Sun Bowl Foundation's primary focus, as per its description, is on organizing and hosting the annual Cactus Bowl, a college football game falling under the NCAA Football Bowl Subdivision. While the mission statement itself is not provided, one can infer that the foundation's role is to oversee and manage this event, potentially with the aim of promoting college football and providing an enjoyable sports experience for the participating teams and spectators. The foundation has been conducting this event in Arizona since 1989.
Who is the CEO of Valley Of The Sun Bowl Foundation?
Erik Moses is the Former Exec. Director (Thru 3/31/22) of Valley Of The Sun Bowl Foundation.
What is the revenue of Valley Of The Sun Bowl Foundation?
Valley Of The Sun Bowl Foundation's revenue in 2023 was $5,058,969.
Who are the executives of Valley Of The Sun Bowl Foundation and what are their salaries?
There 500 volunteers at Valley Of The Sun Bowl Foundation.
Here are 38 key members and their salaries:
- Compensation: $0
- Related: $1,067,025
- Other: $3,424
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- Related: $330,346
- Other: $25,759
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- Related: $319,236
- Other: $32,445
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- Related: $295,362
- Other: $14,755
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- Related: $162,645
- Other: $13,421
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- Related: $140,194
- Other: $13,662
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- Related: $120,044
- Other: $6,334
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- Related: $105,041
- Other: $14,606
- Compensation: $0
- Related: $104,360
- Other: $2,236
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- Related: $3,360
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- Related: $1,435
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- Related: $875
- Other: $0
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- Related: $830
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Where can I find the form 990 for Valley Of The Sun Bowl Foundation?
Valley Of The Sun Bowl Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Valley Of The Sun Bowl Foundation
The Valley Of The Sun Bowl Foundation, known for hosting the Cactus Bowl, a significant NCAA Football Bowl Subdivision college football game, does not explicitly state its mission in the provided information. However, the activity or mission description suggests that the foundation plays a role in organizing and executing this annual event. The Cactus Bowl has been a staple in Arizona since 1989, indicating that the foundation has a strong commitment to promoting and celebrating college football in the state. While the mission statement is not provided, the foundation's activity in hosting the Cactus Bowl can be inferred to involve promoting sports, fostering camaraderie, and potentially supporting college football programs or scholarships.
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Impact
July, 2024
The Valley Of The Sun Bowl Foundation's impact is primarily centered around the promotion of recreational activities through the organization of the Cactus Bowl. This NCAA Football Bowl Subdivision college football bowl game has been held in Arizona since 1989, contributing to the state's sports culture and providing entertainment for both locals and visitors. Additionally, the foundation's activities likely generate economic opportunities for the city of Scottsdale and the surrounding area, supporting local businesses and tourism. Overall, the Foundation's work plays a role in enhancing the recreational and economic landscape of the community.
This information is meant to be a general summary of Valley Of The Sun Bowl Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $5,051,146
- Gross Receipts: $5,058,969
Assets and Liabilities:
- Total Assets: $88,103
- Total Liabilities: $15,967,954
- Net Assets: -$15,879,851
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GAME REVENUE
Revenue
$3,741,039
EVENT REVENUE
Revenue
$1,288,107
ACKNOWLEDGEMENTS
Revenue
$12,500
ADVERTISING
Revenue
$9,500
Organization Details
Founding Year
2001
Phone
(480) 350-0900Principal Officer
Erik Moses
Main Address
7135 E CAMELBACK ROAD 190, SCOTTSDALE, AZ, 85251
NTEE Category
Code: N11 - Recreation
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