2024-03-04T10:36:26-06:00 2023-04-30 341884125 CBIZ MHM LLC 4722 N 24TH ST STE 300 PHOENIX AZ 85016 990 2022-05-01 237339629 ARIZONA CPA FOUNDATION FOR EDUCATION AND INNOVATION ARIZ 6022524144 410 N 44TH ST STE 205 PHOENIX AZ 85008 EUGENE PARK SECRETARY/TREASURER 6022524144 2024-02-28 1 EUGENE PARK 999009999 1 KRISTEN BASS P01247587 6022646835 2024-02-28 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X RACHEL CRUMP 410 N 44TH ST STE 205 PHOENIX AZ 85008 26894 0 X NONE X 1973 AZ SUPPORTS EFFORTS TO ATTRACT AND RETAIN THE HIGHEST QUALITY INDIVIDUALS TO THE PROFESSION OF SUPPORTS EFFORTS TO ATTRACT AND RETAIN THE HIGHEST QUALITY INDIVIDUALS TO THE PROFESSION OF ACCOUNTANCY BY ENRICHING THEIR EDUCATIONAL AND PROFESSIONAL EXPERIENCE. WE DO SO BY GRANTING SCHOLARSHIPS AND RECOGNIZING OUTSTANDING ACCOUNTING FACULTY THAT ARE PREPARING STUDENTS FOR A CAREER AS A CPA. 5 5 0 11 0 0 7274 15819 0 0 8447 7575 0 3500 15721 26894 19050 25000 0 0 0 0 0 0 0 19078 12995 38128 37995 -22407 -11101 430798 421709 3251 0 427547 421709 THE ARIZONA CPA FOUNDATION FOR EDUCATION AND INNOVATION IN COORDINATION WITH THE ARIZONA SOCIETY OF CPAS SUPPORTS PROGRAMS AND INITIATIVES IN EDUCATION AND PRACTICE WHICH ENHANCE EXCELLENCE AND INNOVATION IN THE PROFESSION OF ACCOUNTANCY. 0 0 24000 24000 SCHOLARSHIPS GRANTED TO ACCOUNTING STUDENTS AND HIGH SCHOOL STUDENTS IN ORDER TO ASSIST THOSE WITH SPECIAL TALENTS TO FURTHER THEIR EDUCATION IN ACCOUNTING. 8 SCHOLARSHIPS WERE FUNDED IN THE 2022/2023 YEAR. 1000 1000 AN EXCELLENCE IN TEACHING AWARD IS GIVEN EACH YEAR TO ONE OF THE THREE ARIZONA STATE-SUPPORTED UNIVERSITIES IN HONOR OF ONE OF ITS UNIVERSITY PROFESSORS AND HIS/HER CONTRIBUTION TO THE ACCOUNTING PROFESSION AS AN EDUCATOR IN THE FIELD. 25000 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 0 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 X OLIVER YANDLE 6023242972 410 N 44TH ST STE 205 PHOENIX AZ 85008 X TOM DUENSING CHAIR 2.00 3.50 X X 0 0 0 LAUREN MURRO SECRETARY/TREASURER 2.00 3.50 X X 0 0 0 EUGENE PARK VICE CHAIR 2.00 1.00 X X 0 0 0 NANCY THOMAS DIRECTOR 2.00 X 0 0 0 DAVID RICHARDSON DIRECTOR 2.00 X 0 0 0 0 0 0 0 0 0 0 0 6000 9819 15819 7575 7575 OTHER INCOME 541900 3500 3500 3500 26894 0 0 11075 25000 25000 2944 2944 10051 10051 37995 25000 12995 0 30713 37262 0 6533 0 7368 400085 370546 430798 421709 3251 0 3251 0 X 427547 421709 427547 421709 430798 421709 -11101 5263 0 X 0 1 X 1 0 X X 1 AZ SOCIETY OF CPAS 866050429 10 1 0 0 1 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 SECTION A, LINE 3B THE SUPPORTED ORGANIZATION, THE ARIZONA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS, IS RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A QUALIFIED ORGANIZATION RECOGNIZED UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AS DEMONSTRATED BY ITS DETERMINATION LETTER ISSUED IN MAY, 1961. THE SUPPORTED ORGANIZATION MEETS THE PUBLIC SUPPORT TEST APPLICABLE TO SECTION 509(A)(2) FOR THE 2022 TAX YEAR. SECTION A, LINE 3C THE SUPPORT GIVEN TO THE ARIZONA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS, THE SUPPORTED ORGANIZATION, IS USED SOLELY FOR CHARITABLE PURPOSES. THE PURPOSE OF THE SUPPORT IS TO PROVIDE SCHOLARSHIPS AND TEACHING AWARDS TO DESERVING INDIVIDUALS. THE SCHOLARSHIP COMMITTEE FOR THE ORGANIZATION MEETS EACH YEAR TO SELECT RECIPIENTS OF THE SCHOLASTIC SCHOLARSHIPS AND THE RECIPIENT OF THE EXCELLENCE IN TEACHING AWARD. EXCEPT AS OTHERWISE DETERMINED BY THE BOARD OF DIRECTORS, THE SCHOLARSHIP COMMITTEE WILL CONSIST OF SEVEN MEMBERS. IN APPOINTING THE MEMBERS OF THE COMMITTEE THE BOARD OF DIRECTORS WILL ENDEAVOR TO APPOINT: (I) ONE MEMBER OF THE CORPORATION'S BOARD OF DIRECTORS (WHO SHALL SERVE AS THE CHAIR OF THE COMMITTEE); (II) TWO MEMBERS FROM THE SOCIETY'S MEMBERSHIP; (III) THREE PROFESSORS FROM PUBLIC STATE UNIVERSITIES; AND (IV) ONE PROFESSOR FROM A PRIVATE UNIVERSITY. MEMBERS OF THE COMMITTEE WILL BE APPOINTED FOR TWO YEAR TERMS, WHICH MAY BE RENEWED. THE ORGANIZATION WRITES CHECKS DIRECTLY TO THE UNIVERSITIES TO ENSURE THAT STUDENTS ARE REGISTERED FOR CLASSES. IN THE EVENT THE STUDENTS ARE NOT REGISTERED, THE STUDENT DOES NOT RECEIVE THE FUNDS AND THE UNIVERSITY RETURNS THE FUNDS TO THE ORGANIZATION. THERE ARE NO RESTRICTIONS IMPOSED UPON HOW THE STUDENT SPENDS THE GRANT FUNDS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 2235767 5263 2206554 2211817 23950 2944 2944 26894 2293290 2258239 2258239 35051 2944 2944 37995 PART X, LINE 2: THE FOUNDATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, DONATIONS TO THE FOUNDATION QUALIFY AS A CHARITABLE CONTRIBUTION AND THE FOUNDATION HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. INCOME DETERMINED TO BE UNRELATED BUSINESS TAXABLE INCOME ("UBTI") WOULD BE TAXABLE. THE FOUNDATION HAD NO UBTI FOR THE YEARS ENDED APRIL 30, 2023, AND ACCORDINGLY, THERE IS NO PROVISION FOR INCOME TAXES. THE FOUNDATION ACCOUNTS FOR UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH THE PROVISIONS OF FASB ASC 740, INCOME TAXES BY APPLYING A MORE-LIKELY-THAN-NOT THRESHOLD TO THE RECOGNITION AND DE-RECOGNITION OF UNCERTAIN TAX POSITIONS IN EARNINGS IN THE YEAR OF SUCH CHANGE. THE FOUNDATION EVALUATES THEIR UNCERTAIN TAX POSITIONS, IF ANY, ON A CONTINUAL BASIS THROUGH REVIEW OF THEIR POLICIES AND PROCEDURES, REVIEW OF THEIR REGULAR TAX FILINGS, AND DISCUSSIONS WITH OUTSIDE EXPERTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: TOTAL REVENUE FROM AFFILIATED ORGANIZATION 2,212,554. ELIMINATING ENTRY -6,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: TOTAL EXPENSES FROM AFFILIATED ORGANIZATION 2,264,239. ELIMINATING ENTRY -6,000. 1 SCHOLARSHIPS 14 24000 EXCELLENCE IN TEACHING AWARD 1 1000 PART I, LINE 2: THE ORGANIZATION WRITES CHECKS DIRECTLY TO THE UNIVERSITIES TO ENSURE THAT STUDENTS ARE REGISTERED FOR CLASSES. IN THE EVENT THE STUDENTS ARE NOT REGISTERED, THE STUDENT DOES NOT RECEIVE THE FUNDS AND THE UNIVERSITY RETURNS THE FUNDS TO THE ORGANIZATION. THERE ARE NO RESTRICTIONS IMPOSED UPON HOW THE STUDENT SPENDS THE GRANT FUNDS. FORM 990, PART VI, SECTION A, LINE 3 THE ARIZONA SOCIETY OF CPAS PROVIDES MANAGEMENT AND ADMINISTRATIVE SERVICES TO THE FOUNDATION. THE FOUNDATION REIMBURSES THE SOCIETY FOR THESE SERVICES. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF DIRECTORS OF THE ASCPA REVIEW ALL DECISIONS MADE BY THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND IS THEN REVIEWED BY MANAGEMENT AND A MEMBER OF THE EXECUTIVE COMMITTEE WHO SIGNS THE RETURN. THIS IS TYPICALLY THE SECRETARY/TREASURER. THE FULL 990 IS AVAILABLE TO ALL BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH INDIVIDUAL SHALL DISCLOSE TO THE ORGANIZATION ANY PERSONAL INTEREST, WHICH HE OR SHE MAY HAVE IN ANY MATTER PENDING BEFORE THE ORGANIZATION AND SHALL REFRAIN FROM PARTICIPATION IN ANY DECISION ON SUCH MATTER. A PERSON WHO HAS A CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN OR BE PERMITTED TO HEAR THE BOARDS DISCUSSION OF THE MATTER EXCEPT TO DISCLOSE MATERIAL FACTS AND TO RESPOND TO QUESTIONS. SUCH PERSON SHALL NOT ATTEMPT TO EXERT HIS OR HER PERSONAL INFLUENCE WITH RESPECT TO THE MATTER, EITHER AT OR OUTSIDE THE MEETING. A PERSON WHO HAS A CONFLICT OF INTEREST WITH RESPECT TO A CONTRACT OR TRANSACTION THAT WILL BE VOTED ON AT A MEETING SHALL NOT BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM FOR PURPOSES OF THE VOTE. THE PERSON HAVING A CONFLICT OF INTEREST MAY NOT VOTE ON THE CONTRACT OR TRANSACTION AND SHALL NOT BE PRESENT IN THE MEETING ROOM WHEN THE VOTE IS TAKEN, UNLESS THE VOTE IS BY SECRET BALLOT. SUCH PERSONS INELIGIBILITY TO VOTE SHALL BE REFLECTED IN THE MINUTES OF THE MEETING. THIS POLICY IS REVIEWED WITH THE MEMBERS EVERY YEAR AS A PART OF THE BOARD MEMBER ORIENTATION PROCESS. FORM 990, PART VI, SECTION B, LINE 15 THE ARIZONA CPA FOUNDATION FOR EDUCATION AND INNOVATION HAS NO EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS ARTICLES OF INCORPORATION, BYLAWS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO MEMBERS UPON REQUEST. AZ SOCIETY OF CERT PUBLIC ACCOUNTANTS 410 N 44TH ST STE 205 PHOENIX AZ 85008 866050429 PROF SOCIETY AZ 501(C)(6) N/A 0 AZ SOCIETY OF CPAS PAC 410 N 44TH ST STE 205 PHOENIX AZ 85008 900449453 POLITICAL AZ 527 ASCPA 1 0 0 1 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0