Nonprofit · EIN 27-1302780
K2 ADVENTURES FOUNDATION
Tax-exempt · SCOTTSDALE, AZ 85260
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,802,185 | $1,485,527 | $316,658 | $1,231,267 | $151,699 | $1,079,568 |
| December 31, 2023 | 990 | $1,246,762 | $1,185,097 | $61,665 | $848,042 | $97,158 | $750,884 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,857,863
- Program service revenue
- $0
- Investment income
- $33,538
- Net gain from sales of assets
- $16,678
- Net income from fundraising events
- -$94,030
- Net income from gaming
- $4,814
- Other revenue
- -$89,216
Expenses
- Grants and similar amounts paid
- $747,645
- Compensation of officers, directors and key employees
- $278,711
- Other salaries and wages
- $22,008
- Salaries, compensation and benefits (total)
- $356,271
- Professional fundraising fees
- $0
- Legal fees
- $1,421
- Accounting fees
- $11,690
- Occupancy
- $29,773
- Travel
- $7,014
- Depreciation
- $3,914
- Program services (functional)
- $1,181,887
- Management and general (functional)
- $156,939
- Fundraising (functional)
- $146,701
Balance sheet and other
- Total assets, start of year
- $848,042
- Total assets, end of year
- $1,231,267
- Total liabilities, end of year
- $151,699
- Net assets, end of year
- $1,079,568
- Land, buildings and equipment
- $8,799
- Publicly traded securities
- $787,073
- Net assets without donor restrictions
- $323,079
- Net assets with donor restrictions
- $756,489
- Gross receipts
- $2,355,026
- Employees
- 5
- Volunteers
- 50
- Year formed
- 2009
- State of legal domicile
- AZ
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KRISTEN SALCITO-BROTZ | CEO Trustee or director, Officer | 35 | $111,109 | $3,333 |
| KEVIN CHERILLA | PRESIDENT Trustee or director, Officer | 35 | $95,908 | $2,877 |
| KELLY MICHAEL | CFO Trustee or director, Officer | 35 | $63,576 | $1,907 |
| TERRI NISSER | SECRETARY Trustee or director, Officer | 10 | $0 | $0 |
| ARTI SHORT | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BLAIR SINGER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BOBBI CHAWLA | DIRECTOR Trustee or director | 2 | $0 | $0 |
| COLLEEN BADE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DAN MAXWELL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DANIELLE MERRILL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ELIZABETH KATZMAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ELLEN KELLER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| EVA HILTON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| FRANK CAMPANARO | DIRECTOR Trustee or director | 2 | $0 | $0 |
| HEATHER IORILLO | DIRECTOR Trustee or director | 2 | $0 | $0 |
9 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HERB HARRISON | DIRECTOR Trustee or director | 2 | $0 |
| JOHN IORILLO | DIRECTOR Trustee or director | 2 | $0 |
| KELLY RICHARDSON | DIRECTOR Trustee or director | 2 | $0 |
| MARIA MIHALETOS | DIRECTOR Trustee or director | 2 | $0 |
| RAHUL CHAWLA | DIRECTOR Trustee or director | 2 | $0 |
| SHAHEEN NEIL | DIRECTOR Trustee or director | 2 | $0 |
| SUSAN STUART | DIRECTOR Trustee or director | 2 | $0 |
| TAKEMI OMORI | DIRECTOR Trustee or director | 2 | $0 |
| TOSHIKO TAKAGAKI | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KRISTEN SALCITO-BROTZ | CEO Trustee or director, Officer | 40 | $105,761 | $0 |
| KEVIN CHERILLA | PRESIDENT Trustee or director, Officer | 40 | $89,402 | $0 |
| KELLY MICHAEL | CFO Trustee or director, Officer | 40 | $56,594 | $1,698 |
| TERRI NESSER | SECRETARY Trustee or director | 20 | $0 | $0 |
| BOBBI CHAWLA | DIRECTOR Trustee or director | 2 | $0 | $0 |
| RAHUL CHAWLA | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BLAIR SINGER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DANIELLE MERRILL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DARLENE RICHERT | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ELIZABETH KATZMAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| EVA HILTON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| HEATHER IORILLO | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOHN IORILLO | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KELLY RICHARDSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MARIA MIHALETOS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SHAHEEN NEIL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SUSAN STUART | DIRECTOR Trustee or director | 2 | $0 | $0 |
| TIM STUART | DIRECTOR Trustee or director | 2 | $0 | $0 |
| TOSHIKO TAKAGAKI | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 14354 N FRANK LLOYD WRIGHT BL, SCOTTSDALE, AZ 85260-8844
- In care of
- % KEVIN CHERILLA
- Mailing address (990-N for 2009)
- 8818 S 12TH STREET, PHOENIX AZ 85042
- Principal officer (990 for 2024)
- KRISTEN SALCITO BROTZ, 14354 N Frank Lloyd Wright Blvd, Scottsdale, AZ 85260
- Principal officer (990-N for 2009)
- KELLY MICHAEL, 8818 S 12TH STREET, PHOENIX AZ 85042
- Signed the 990
- KRISTEN SALCITO BROTZ, CEO
- Phone
- (480) 797-2950
- Website
- K2ADVENTURES.ORG
- Return prepared by
- SECHLER MORGAN CPAS PLLC
Mission
TO CARE FOR CHILDREN, ADULTS, AND FAMILIES WITH SPECIAL NEEDS AND/OR LIFE CHANGING MEDICAL CIRCUMSTANCES BY PROVIDING SERVICES, SUPPORT, AND FUNDS THAT WILL BE USED FOR EDUCATIONAL AND MEDICAL ENRICHMENT.
Program accomplishments
- WE CONTINUED OUR STRENGTH TO THRIVE PROGRAM, FOCUSING ON INDIVIDUALS, BASIC NECESSITIES, AND MEDICAL CONDITIONS BY PROVIDING ADAPTIVE RECREATIONAL EQUIPMENT, MENTAL HEALTH THERAPY, FOOD ITEMS, AND SO MUCH MORE. WE ALSO CREATED THE GUS MENDEZ VALOR INITIATIVE PROGRAM AS OUR NEWEST K2 PROGRAM TO SERVE VETERANS AND FIRST RESPONDERS IN THE UNITED STATES. BY SETTING THIS PROGRAM UP, WE HAVE BEEN ABLE TO ASSIST WITH INDIVIDUAL AWARDS, PROVIDING ADAPTIVE EQUIPMENT AND RESOURCES, AS WELL AS A WELLNESS PROGRAM, INCLUDING NUTRITION, FITNESS, AND TIME IN THE OUTDOORS. THE PRIMARY FOCUS IS ON MENTAL HEALTH AND WELLNESS, PROVIDING COPING MECHANISMS FOR LIFELONG LEARNING.Expenses $1,181,887 · grants $747,645
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 27-1302780
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O12)
- Assets (IRS master file)
- $1,231,267
- Income (IRS master file)
- $2,355,026
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,802,185 | $1,485,527 | $1,231,267 | IRS |
| 990 | December 2023 | $1,246,762 | $1,185,097 | $848,042 | XML |
| 990 | December 2022 | $1,584,765 | $1,399,211 | $710,919 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2009 Officer: KELLY MICHAEL | December 31, 2009 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-1302780).
Questions about K2 ADVENTURES FOUNDATION
- What is the EIN of K2 ADVENTURES FOUNDATION?
- The employer identification number (EIN) of K2 ADVENTURES FOUNDATION is 27-1302780.
- Is K2 ADVENTURES FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to K2 ADVENTURES FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does K2 ADVENTURES FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of K2 ADVENTURES FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did K2 ADVENTURES FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of K2 ADVENTURES FOUNDATION?
- The 990 for the year ended December 31, 2024 names KRISTEN SALCITO BROTZ.
- Who are the officers and directors of K2 ADVENTURES FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 24 people; 3 received compensation from the organization, the highest $111,109 (KRISTEN SALCITO-BROTZ, CEO).
- How much revenue does K2 ADVENTURES FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,802,185, expenses of $1,485,527 and total assets of $1,231,267 at year end.
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