2025-02-04T14:42:16-06:00 2024-05-31 BDO USA 421 Fayetteville Street Suite 300 Raleigh NC 27601 990 2023-06-01 581052332 PEACH BOWL INC % A CHRISTOPHER HUGHES PEAC 4045868500 3350 Riverwood Parkway SE Ste 2250 ATLANTA GA 30339 A CHRISTOPHER HUGHES CFO 4045868558 2025-02-03 true true SANDRA L FEINSMITH P01064157 9192781936 2025-01-31 2023 2025-03-06 01:10:19Z X CHICK-FIL-A PEACH BOWL GARY P STOKAN PRESIDENT 3350 Riverwood Parkway SE Ste 2250 ATLANTA GA 30339 44606113 false X www.chick-fil-apeachbowl.com X 1970 GA TO POSITIVELY IMPACT PEOPLE'S LIVES BY CELEBRATING COLLEGE ATHLETICS THROUGH BEST-IN-CLASS EVENTS THAT CREATE CHARITABLE DONATIONS, SCHOLARSHIPS, AND ECONOMIC IMPACT. 16 15 29 506 42500 0 0 0 48499625 25800111 -1325995 2681588 240181 665518 47413811 29147217 15050647 5185424 0 0 3481520 3481696 0 0 0 23040656 14422959 41572823 23090079 5840988 6057138 64858791 76241198 7534369 7578087 57324422 68663111 X PEACH BOWL INC.'S MISSION IS TO POSITIVELY IMPACT PEOPLE'S LIVES BY CELEBRATING COLLEGE ATHLETICS THROUGH BEST-IN-CLASS EVENTS THAT CREATE CHARITABLE DONATIONS, SCHOLARSHIPS, ECONOMIC IMPACT, AND MEMORABLE EXPERIENCES. PEACH BOWL INC. IS PROUD TO BE THE MOST CHARITABLE COLLEGE FOOTBALL BOWL ORGANIZATION IN THE COUNTRY. false false 13176981 1242574 16623896 THE CHICK-FIL-A PEACH BOWL AND ITS CHARITABLE GIVING PLATFORM WERE CREATED TO FOSTER & PROMOTE NCAA FOOTBALL COMPETITION AND TO SUPPORT COLLEGE EDUCATION THROUGH SCHOLARSHIP DONATIONS, AND TO SUPPORT CHILDREN'S HEALTH INITIATIVES, DISASTER RELIEF, AND OTHER DESERVING CHARITABLE ORGANIZATIONS IN OUR COMMUNITY AND IN THE COMMUNITIES OF OUR PARTICIPATING UNIVERSITIES. IN THE FISCAL YEAR ENDING MAY 31, 2024, PEACH BOWL INC DONATED $500,000 TO BOYS & GIRLS CLUB OF METRO ATLANTA, $363,074 TO CHILDRENS HEALTHCARE OF ATLANTA, $100,000 TO THE COLLEGE FOOTBALL PLAYOFF FOUNDATION, $100,000 TO GEORGIA LIONS LIGHTHOUSE FOUNDATION, $50,000 EACH TO THE SCHOLARSHIP FUNDS AT THE UNIVERSITY OF MISSISSIPPI FOUNDATION AND THE PENNSYLVANIA STATE UNIVERSITY, AND $79,500 TO VARIOUS OTHER CHARITABLE ORGANIZATIONS. 6686724 3600000 9391733 THE AFLAC KICKOFF GAME AND ITS CHARITABLE GIVING PLATFORM WERE CREATED TO FOSTER & PROMOTE NCAA FOOTBALL COMPETITION AND TO SUPPORT COLLEGE EDUCATION THROUGH SCHOLARSHIP DONATIONS. THE AFLAC KICKOFF GAME IS A NEUTRAL SITE COLLEGE FOOTBALL GAME PLAYED AT THE BEGINNING OF EVERY SEASON. IN THE FISCAL YEAR ENDING MAY 31, 2024, PEACH BOWL, INC HOSTED THE AFLAC KICKOFF GAME AND CONTRIBUTED A TOTAL OF $3,600,000 VIA GAME PARTICIPATION PAYOUTS AND SCHOLARSHIP FUNDS TO THE UNIVERSITY OF LOUISVILLE AND THE GEORGIA INSTITUTE OF TECHNOLOGY. 1017010 342850 407500 THE SOUTHERN COMPANY PEACH BOWL CHALLENGE GOLF TOURNAMENT AND ITS CHARITABLE GIVING PLATFORM WERE CREATED TO FOSTER & PROMOTE NCAA COMPETITION AND TO PROVIDE FINANCIAL SUPPORT TO CHARITABLE ORGANIZATIONS IN OUR COMMUNITY, AND IN THE COMMUNITIES OF THE PARTICIPATING UNIVERSITIES. IN THE FISCAL YEAR ENDING MAY 31, 2024, THE SOUTHERN COMPANY PEACH BOWL CHALLENGE EVENT DONATED A TOTAL OF $342,850 TO VARIOUS CHARITABLE ORGANIZATIONS AS SELECTED BY THE FOOTBALL COACHES PARTICIPATING IN THE EVENT. 20880715 true false false false false false false false false false true false false false true true true false false false false false false false false false false true false true false false false false false false false false false false false false false false false false false true 18 0 true 29 true true true false false false false false false false false false false false X 16 15 false false false false false false false true true false false true true true true true true true true false GA X X A CHRISTOPHER HUGHES 4045868500 3350 RIVERWOOD PKWY SE STE 2250 ATLANTA GA 30339 GARY P STOKAN PRESIDENT AND CEO 40.0 0.0 X X 914718 0 54185 DAVIS L EPPS CHIEF OPERATING OFFICER 40.0 0.0 X 425797 0 40995 A CHRISTOPHER HUGHES CHIEF FINANCIAL OFFICER 40.0 0.0 X 294264 0 59301 DEREK T MARTIN VICE PRESIDENT, EVENTS 40.0 0.0 X 231857 0 33724 MATTHEW E GARVEY VICE PRESIDENT, COMMUNICATIONS 40.0 0.0 X 225056 0 29801 BENJAMIN S HOLLIS VICE PRESIDENT, SALES 40.0 0.0 X 193325 0 55494 DAN L WEST THRU 73123 VICE PRESIDENT, EVENTS 40.0 0.0 X 106731 0 21490 MICHAEL D GILBERT DIRECTOR OF TICKETING 40.0 0.0 X 104475 0 21803 BOB SCHULER TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL K ANDERSON TRUSTEE 1.0 0.0 X 0 0 0 MELANIE BABCOCK TRUSTEE 1.0 0.0 X 0 0 0 GARTH KNUTSON TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL LEVY TRUSTEE 1.0 0.0 X 0 0 0 JOHN MURNANE TRUSTEE 1.0 0.0 X 0 0 0 WILLIAM PATE TRUSTEE 1.0 0.0 X 0 0 0 ERICA QUALLS-BATTEY TRUSTEE 1.0 0.0 X 0 0 0 RODNEY SANDERS TRUSTEE 1.0 0.0 X 0 0 0 JOE SARACINO TRUSTEE 1.0 0.0 X 0 0 0 SUHAIL SETH TRUSTEE 1.0 0.0 X 0 0 0 BOB SOMERS TRUSTEE 1.0 0.0 X 0 0 0 JIM TERRY TRUSTEE 1.0 0.0 X 0 0 0 PERCY D VAUGHN TRUSTEE 1.0 0.0 X 0 0 0 ADAM WALKER TRUSTEE 1.0 0.0 X 0 0 0 2496223 0 316793 8 false true false 0 0 PEACH BOWL TICKET SALES 711210 14434910 14434910 KICKOFF GAME TICKET SALES 711210 7073485 7073485 PEACH BOWL SPONSORSHIPS 711210 1848296 1848296 KICKOFF GAME SPONSORSHIPS 711210 1652730 1652730 CHALLENGE SPONSORSHIP 711210 450000 450000 340690 298190 42500 25800111 2011290 2011290 0 0 0 0 0 16129194 15458896 670298 670298 670298 0 0 0 0 0 0 0 0 0 MERCHANDISE SALES 711300 168194 168194 OTHER REVENUE 900099 497324 497324 665518 29147217 26423129 42500 2681588 5185424 5185424 0 0 0 2813016 2531714 281302 0 388188 349369 38819 52553 47298 5255 76380 68742 7638 151559 136403 15156 0 0 64209 64209 0 0 0 146774 146774 627071 627071 137036 137036 74040 74040 0 440287 440287 119379 111295 8084 0 0 0 0 127994 127994 247547 247547 CHICK-FIL-A PEACH BOWL GAME 8052591 8052591 AFLAC KICKOFF GAME 2144277 2144277 STATE SALES TAX 1680065 1680065 CHALLENGE GOLF TOURNAMENT 325990 325990 235699 235699 23090079 20880715 2209364 0 5639987 5071860 0 0 0 0 281745 341752 0 0 0 0 1300000 1005083 0 0 2675486 2018902 2059217 105506 89661 1953711 54585171 63760271 0 0 0 0 0 0 286741 2089619 64858791 76241198 114301 513273 4000000 0 2262915 3001666 0 0 0 0 0 0 0 0 0 0 1157153 4063148 7534369 7578087 X 57324422 68663111 0 0 57324422 68663111 64858791 76241198 6057138 5281551 X false true X true false X 0 0 0 0 0 0 34841795 11988193 42400780 48442625 25757611 163431004 0 0 0 34841795 11988193 42400780 48442625 25757611 163431004 0 0 0 163431004 1313344 1099463 1715526 1522994 2011290 7662617 0 1313344 1099463 1715526 1522994 2011290 7662617 42250 10977 51272 51764 36849 193112 178039 31593 181302 240181 665518 1296633 36375428 13130226 44348880 50257564 28471268 172583366 0.94697 0.95497 0.04440 0.03896 X 1551402 35259 1516143 204935 59430 145505 302880 10817 292063 1953711 0 LEASE LIABILITY 3371155 OTHER LIABILITIES 691993 4063148 X 34428768 5281551 5281551 29147217 29147217 23090079 23090079 23090079 SCHEDULE D, PART X, LINE 2: PBI IS RECOGNIZED AS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE (THE CODE) AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3), WHEREBY ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 512(A)(1) OF THE CODE, IS SUBJECT TO FEDERAL INCOME TAX. PBI IS EXEMPT FROM STATE INCOME TAX UNDER SIMILAR PROVISIONS OF THE GEORGIA STATUTES. PBI DID NOT HAVE INCOME UNRELATED TO ITS EXEMPT PURPOSES DURING THE YEARS ENDED MAY 31, 2024 AND 2023. PBI RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. RECOGNIZED INCOME TAX POSITIONS ARE MEASURED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED. CHANGES IN RECOGNITION OR MEASUREMENT ARE REFLECTED IN THE PERIOD IN WHICH THE CHANGE IN JUDGMENT OCCURS. PBI DOES NOT HAVE UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT. IN THE NORMAL COURSE OF BUSINESS, PBI IS SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE TAXING AUTHORITIES. IN GENERAL, PBI IS NO LONGER SUBJECT TO TAX EXAMINATIONS FOR THE TAX YEARS ENDED BEFORE MAY 31, 2021. true GEORGIA TECH ATHLETIC ASSOCIATION 150 BOBBY DODD WAY NW ATLANTA GA 30332 580622514 501(C)(3) 3500000 SUPPORT BOYS & GIRLS CLUB OF METRO ATLANTA 2880 DRESDEN DRIVE CHAMBLEE GA 30341 580566123 501(C)(3) 500000 SUPPORT CHILDREN'S HEALTHCARE OF ATLANTA FDN INC 1577 NORTHEAST EXPRESSWAY ATLANTA GA 30329 581710601 501(C)(3) 363074 SUPPORT COLLEGE FOOTBALL PLAYOFF FOUNDATION FUND 545 EAST JOHN CARPENTER IRVING TX 75062 752890371 501(C)(3) 100000 SUPPORT GEORGIA'S LION LIGHTHOUSE FOUNDATION 5582 PEACHTREE ROAD ATLANTA GA 30341 580548732 501(C)(3) 100000 SUPPORT GEORGIA TECH FOUNDATION 760 SPRING ST NW STE 400 ATLANTA GA 30308 586043294 501(C)(3) 50000 SUPPORT THE PENNSYLVANIA STATE UNIVERSITY 2601 GATEWAY DRIVE STATE COLLEGE PA 16801 246000376 501(c)(3) 50000 SUPPORT THE UNIVERSITY OF MISSISSIPPI FOUNDATION 406 UNIVERSITY AVE OXFORD MS 38655 237310293 501(C)(3) 50000 SUPPORT UNIVERSITY OF LOUISVILLE FOUNDATION 215 CENTRAL AVE LOUISVILLE KY 40208 237078461 501(C)(3) 50000 SUPPORT KEEP CLIMBING FAMILY FOUNDATION 1400 Village Square TALLAHASSEE FL 32312 880845596 501(C)(3) 42500 SUPPORT URBAN AND SHELLEY MEYER FAMILY FOUNDATION 723 NORSOTA WAY SARASOTA FL 34242 263732658 501(C)(3) 32500 SUPPORT NATIONAL CHRISTIAN FOUNDATION 1150 SANCTUARY PKWY ALPHARETTA GA 30009 300209280 501(C)(3) 32000 SUPPORT NATIONAL DOWN SYNDROME CONGRESS 30 MANSELL CT SUITE 108 ROSWELL GA 30076 132992567 501(C)(3) 25000 SUPPORT BEAMER FAMILY FOUNDATION 1675 TANGLEWOOD RD COLUMBIA SC 29204 871506213 501(C)(3) 22500 SUPPORT CHICKASAW FOUNDATION PO BOX 1726 ADA OK 74821 731069557 501(C)(3) 22500 SUPPORT THE ATHENS AREA COMMUNITY FOUNDATION PO BOX 1543 ATHENS GA 30603 261838979 501(C)(3) 16250 SUPPORT ANGEL ARMIES INC 204 3RD AVENUE N FRANKLIN TN 37064 833682484 501(C)(3) 16250 SUPPORT THE CONGRESSIONAL MEDAL OF HONOR MUSEUM FDN 1105 MAZZY LANE MT PLEASANT SC 29464 471402327 501(C)(3) 16250 SUPPORT TOMMY TUBERVILLE FOUNDATION 514 US HIGHWAY 43 S TUSCUMBIA AL 35674 463580202 501(C)(3) 16250 SUPPORT HBC FOUNDATION INC 14664 NW 25TH RD NEWBERRY FL 32669 271146835 501(C)(3) 12500 SUPPORT NCSU FOUNDATION INC CAMPUS BOX 7207 RALEIGH NC 27695 566049503 501(C)(3) 12500 SUPPORT CHILDREN'S HOSPITAL OF PITTSBURGH 4401 PENN AVE PITTSBURGH PA 15224 251865744 501(C)(3) 10000 SUPPORT CORNERSTONE CHURCH OF GOD INC 4680 LEXINGTON ROAD ATHENS GA 30605 581204211 501(C)(3) 10000 SUPPORT DURHAM PUBLIC SCHOOLS FOUNDATION 600 EAST UMSTEAD STREET DURHAM NC 27701 822803464 501(C)(3) 10000 SUPPORT THE EDSALL FAMILY FOUNDATION 1122 KENILWORTH DR TOWSON MD 21204 276601178 501(C)(3) 10000 SUPPORT FELLOWSHIP OF CHRISTIAN ATHLETES PO BOX 656 OAKWOOD GA 30566 440610626 501(C)(3) 10000 SUPPORT FISHER DEBERRY FOUNDATION 1611 S UTICA AVENUE 322 TULSA OK 74104 510476749 501(C)(3) 10000 SUPPORT FLORIDA STATE UNIVERSITY FOUNDATION 325 W COLLEGE AVENUE TALLAHASSEE FL 32301 596152180 501(C)(3) 10000 SUPPORT JDRF GEORGIA & SO CAROLINA CHAPTER PO BOX 1551 HAGERSTOWN MD 21741 231907729 501(C)(3) 10000 SUPPORT LAUREN'S FIRST & GOAL FOUNDATION INC 1610 STONES CROSSING RD EASTON PA 18045 201556643 501(C)(3) 10000 SUPPORT LORD WEDGWOOD CHARITY 3565 LORNA RIDGE DRIVE HOOVER AL 35216 270049660 501(C)(3) 10000 SUPPORT MULLEN FAMILY 36 FOUNDATION 1111 CORY CIRCLE GREENSBORO GA 30642 452677133 501(C)(3) 10000 SUPPORT OHSU FOUNDATION 2020 SW 4TH AVE STE 900 PORTLAND OR 97201 237083114 501(C)(3) 10000 SUPPORT PAUL AND SUSAN JOHNSON FAMILY FOUNDATION PO BOX 1259 LINVILLE NC 28646 352129262 501(C)(3) 10000 SUPPORT THE GLOBAL ORPHAN PROJECT 3161 WYANDOTTE ST KANSAS CITY MO 64111 816079539 501(C)(3) 10000 SUPPORT UNIVERSITY OF MINNESOTA FOUNDATION 200 OAK ST SE MINNEAPOLIS MN 55455 416042488 501(C)(3) 10000 SUPPORT 36 0 SCHEDULE I, PART I, LINE 2: AMOUNTS PAID TO TEAMS PARTICIPATING IN THE CHICK-FIL-A KICKOFF GAMES ARE AGREED UPON CONTRACTUALLY BY THE SCHOOL'S ATHLETIC DEPARTMENT ADMINISTRATION AND PEACH BOWL, INC. REMAINING GRANTS ARE APPROVED BY THE PEACH BOWL, INC. EXECUTIVE COMMITTEE. X X true true X X X X X false false false false false false false false false GARY P STOKAN PRESIDENT AND CEO 665991 0 229106 0 19621 0 26400 0 27785 0 968903 0 0 0 DAVIS L EPPS CHIEF OPERATING OFFICER 344847 0 74740 0 6210 0 26400 0 14595 0 466792 0 0 0 A CHRISTOPHER HUGHES CHIEF FINANCIAL OFFICER 234259 0 54195 0 5810 0 18661 0 40640 0 353565 0 0 0 DEREK T MARTIN VICE PRESIDENT, EVENTS 198551 0 27696 0 5610 0 18549 0 15175 0 265581 0 0 0 MATTHEW E GARVEY VICE PRESIDENT, COMMUNICATIONS 192958 0 26488 0 5610 0 14052 0 15749 0 254857 0 0 0 BENJAMIN S HOLLIS VICE PRESIDENT, SALES 163252 0 25103 0 4970 0 14283 0 41211 0 248819 0 0 0 SCHEDULE J, PART I, LINE 1A: GARY STOKAN, PRESIDENT AND CEO RECEIVED FIRST CLASS TRAVEL AND TRAVEL FOR HIS SPOUSE. HE IS PERMITTED TO FLY FIRST CLASS ONLY WHEN THE LENGTH OF THE FLIGHT EXCEEDS 3 HOURS. THE SPOUSE OF THE CEO IS PERMITTED TO TRAVEL WITH THE CEO WHEN IT IS IN THE BEST INTEREST OF THE COMPANY FOR HER TO ATTEND AN EVENT WITH HIM. SCHEDULE J, PART I, LINE 3: PEACH BOWL INC. HAS A COMPENSATION COMMITTEE THAT REVIEWS AND APPROVES EMPLOYEE COMPENSATION. THE COMPENSATION COMMITTEE USES COMPENSATION SURVEYS AND OTHER INDEPENDENT DATA TO SET COMPETITIVE COMPENSATION LEVELS. FORM 990, PART VI, SECTION A, QUESTION 8: PEACH BOWL, INC. MAINTAINS MINUTES FOR ALL MEETINGS HELD BY THE GOVERNING BODY AND COMMITTEES ACTING ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, QUESTION 11: THE FORM 990 WAS PREPARED BY A PUBLIC ACCOUNTING FIRM WITH INPUT FROM THE CHIEF FINANCIAL OFFICER OF PEACH BOWL, INC. A DRAFT COPY WAS THEN REVIEWED BY THE CHIEF FINANCIAL OFFICER AND THE PRESIDENT AND CEO. CHANGES WERE SUBMITTED TO THE TAX PREPARER AND THE FINAL RETURN WAS REVIEWED AND APPROVED BY THE CFO AND THE PRESIDENT AND CEO. THE FORM 990 WAS THEN SUBMITTED TO THE AUDIT COMMITTEE FOR FINAL REVIEW AND APPROVAL. ALL COMMENTS AND SUGGESTED CHANGES WERE INCORPORATED INTO THE FINAL RETURN. THE FINAL FORM 990 IS PROVIDED TO THE COMPLETE BOARD PRIOR TO FILING AND IS MADE AVAILABLE TO THE PUBLIC ON THE ORGANIZATION'S WEBSITE. FORM 990, PART VI, SECTION B, QUESTION 12: ANNUALLY, EACH EMPLOYEE AND BOARD MEMBER IS REQUIRED TO REVIEW THE CONFLICT OF INTEREST POLICY. THIS IS DOCUMENTED BY A SIGNED CONFIRMATION STATEMENT FROM EACH PERSON. IF THE EMPLOYEE OR BOARD MEMBER HAS A POTENTIAL CONFLICT OF INTEREST WITH A PERSON, FIRM OR ENTITY WHICH DOES BUSINESS WITH, OR PROPOSES TO DO BUSINESS WITH THE BOWL, THEY MUST DISCLOSE THIS IN WRITING. FORM 990, PART VI, SECTION B, QUESTION 15: PEACH BOWL INC. HAS A COMPENSATION COMMITTEE THAT REVIEWS AND APPROVES EMPLOYEE COMPENSATION. THE COMPENSATION COMMITTEE USES COMPENSATION SURVEYS AND OTHER INDEPENDENT DATA TO SET COMPETITIVE COMPENSATION LEVELS. FORM 990, PART VI, SECTION C, LINE 19 PEACH BOWL, INC. MAKES ITS FORM 990 AVAILABLE FOR INSPECTION ON ITS ORGANIZATION WEBSITE AND UPON REQUEST. PEACH BOWL, INC. DOES NOT MAKE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC.