Skip to content
Nonprofiteer
← WELLIK FOUNDATION

Form 990 for tax year 2022

Filed by WELLIK FOUNDATION.

Totals

Total revenue
-$970,370
Total expenses
$828,759
Contributions and grants received
$0
Grants paid
$484,594
Program service revenue
$0
Investment income
-$979,370
Other revenue
$9,000
Total assets, end of year
$26,086,146
Total liabilities, end of year
$69,859
Net assets or fund balances, end of year
$26,016,287
Program services expenses (Part IX)
$544,216
Management and general expenses
$284,543
Fundraising expenses
$0
Program service expenses (Part III)
$544,216

Program services were 65.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $435,078 · excluded $435,078

  • 6a · Gross rents

    real property $9,000

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $9,000

  • 6d · Net rental income or loss

    total $9,000 · excluded $9,000

  • 7b · Less cost or other basis and sales expenses

    securities $1,414,448

  • 7c · Gain or loss

    securities -$1,414,448

  • 7d · Net gain or loss

    total -$1,414,448 · excluded -$1,414,448

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $484,594 · program services $484,594

  • 11a · Fees: management

    total $260,345 · management and general $260,345

  • 11b · Fees: legal

    total $36,618 · program services $36,618

  • 11f · Fees: investment management

    total $24,198 · management and general $24,198

  • 13 · Office expenses

    total $2,299 · program services $2,299

  • 23 · Insurance

    total $708 · program services $708

  • 24a · Other expenses: REAL PROPERTY EXPENSES

    total $19,997 · program services $19,997

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $0 · end of year $0

  • 2 · Savings and temporary cash investments

    beginning of year $10,787 · end of year $24,745

  • 7 · Other notes and loans receivable

    beginning of year $4,958,742 · end of year $7,381,266

  • 9 · Prepaid expenses and deferred charges

    beginning of year $708 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $2,880,000

  • 10c · Land, buildings and equipment, net

    beginning of year $7,885,000 · end of year $2,880,000

  • 11 · Investments: publicly traded securities

    beginning of year $16,006,737 · end of year $15,800,135

  • 17 · Accounts payable and accrued expenses

    beginning of year $162 · end of year $3,734

  • 18 · Grants payable

    beginning of year $100,125 · end of year $66,125

  • 27 · Net assets without donor restrictions

    beginning of year $28,761,687 · end of year $26,016,287

Mission and programs · 2022

Mission

TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF THE ARIZONA COMMUNITY FOUNDATION, AN AZ NONPROFIT CORPORATION, SO LONG AS ARIZONA COMMUNITY FOUNDATION REMAINS A QUALIFIED ORGANIZATION.

Activities or mission (Part I)

TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF THE ARIZONA COMMUNITY FOUNDATION, AN AZ NONPROFIT CORPORATION, SO LONG AS ARIZONA COMMUNITY FOUNDATOIN REMAINS A QUALIFIED ORGANIZATION.

  • GRANTS SUPPORTING PROGRAM SERVICES CARRIED ON BY THE ORGANIZATION IN THE WICKENBURG AREA. SEE SCHEDULE I, PART II FOR MORE INFORMATION.

    Expenses $544,216 · Grants $484,594

As filed on the 2022 return.

Listed in Part VII

  • Janette Bryant

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • William Green

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Richard Blakeley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Barbara McArthur

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Becky Hays Rovey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Alan Abare

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Morgan Bishop Fraser

    DIRECTOR

    Total calculated
    $108,180
    From this org
    $0
    From related orgs
    $101,375
    Other
    $6,805
    Hours/week
    1 + 45 related

  • Eileen McGuire

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    2

  • Alvin Hancock

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Anna Maria Chavez

    PRESIDENT

    Total calculated
    $45,000
    From this org
    $0
    From related orgs
    $45,000
    Other
    $0
    Hours/week
    1 + 45 related

  • Kyla Quintero

    SECRETARY/TREASURER

    Total calculated
    $358,782
    From this org
    $0
    From related orgs
    $329,688
    Other
    $29,094
    Hours/week
    1 + 45 related

    Schedule J breakdown matched by us

    Base
    $0 + $289,938 related
    Bonus
    $0 + $39,750 related
    Other
    $0
    Deferred
    $0 + $17,396 related
    Nontaxable benefits
    $0 + $11,698 related
    Filer's total
    $0 + $358,782 related

  • Julia Brooks

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Valerie Shumway

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Lisa Urias

    DIRECTOR

    Total calculated
    $307,639
    From this org
    $0
    From related orgs
    $283,998
    Other
    $23,641
    Hours/week
    1 + 45 related

    Schedule J breakdown matched by us

    Base
    $0 + $248,748 related
    Bonus
    $0 + $35,250 related
    Other
    $0
    Deferred
    $0 + $11,400 related
    Nontaxable benefits
    $0 + $12,241 related
    Filer's total
    $0 + $307,639 related

  • Steve Seleznow

    PRESIDENT (THRU 2/3/23)

    Total calculated
    $711,742
    From this org
    $0
    From related orgs
    $658,433
    Other
    $53,309
    Hours/week
    1 + 45 related

    Schedule J breakdown matched by us

    Base
    $0 + $495,838 related
    Bonus
    $0 + $162,595 related
    Other
    $0
    Deferred
    $0 + $36,600 related
    Nontaxable benefits
    $0 + $16,709 related
    Filer's total
    $0 + $711,742 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • A&C LAKESIDE INV

    EXCLUDED · INVESTMENT · AZ · 97% owned · share of assets $489,000

  • CASSIDY CHARITABLE LP

    EXCLUDED · INVESTMENT · AZ · 99% owned · share of assets $24,300

  • FTP HOLDINGS LLC

    EXCLUDED · INVESTMENT · AZ · 95% owned · share of assets $234,701

  • LIBERTY INV LLLP

    EXCLUDED · INVESTMENT · AZ · 97% owned · share of income -$78,275 · share of assets $598,644

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • CHARITABLE REMAINDER TRUST (19)

    INVESTMENT · AZ

  • CHARITABLE LEAD TRUST (2)

    INVESTMENT · AZ

Provenance

Return type
form_990
Tax year
2022
Filed
16 December 2023
IRS schema version
2022v5.0
Source object
202323539349300012

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.