Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
Name of foundation
ARROWHEAD RANCH INC
 
Number and street (or P.O. box number if mail is not delivered to street address)206 FORTRESS BLVD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MURFREESBORO, TN37128
A Employer identification number

26-3456041
B Telephone number (see instructions)

(615) 896-1191
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$3,065,486J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 895,534
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 895,534 0 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 150,000 0 0 150,000
14 Other employee salaries and wages...... 235,558 0 0 235,558
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 27,613 0 0 27,613
19 Depreciation (attach schedule) and depletion... Click to see attachment 121,274 0 121,276
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 478,072 0 0 478,072
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,012,517 0 121,276 891,243
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 1,012,517 0 121,276 891,243
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -116,983
b Net investment income (if negative, enter -0-) 0
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 100,321 86,563 86,563
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 22,309 25,376 25,376
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet3,709,135
Less: accumulated depreciation (attach schedule) bullet812,479 3,009,282 Click to see attachment2,896,656 2,896,656
15 Other assets (describe bullet) Click to see attachment58,615 Click to see attachment56,891 Click to see attachment56,891
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,190,527 3,065,486 3,065,486
Liabilities 17 Accounts payable and accrued expenses.......... 12,414 4,356
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 12,414 4,356
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 3,178,113 3,061,130
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 3,178,113 3,061,130
31 Total liabilities and net assets/fund balances (see instructions). 3,190,527 3,065,486
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
3,178,113
2
Enter amount from Part I, line 27a .....................
2
-116,983
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
3,061,130
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
3,061,130
Form 990-PF (2015)
Form 990-PF (2015)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1a
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2014 808,868 0 0.000000
2013 926,922 0 0.000000
2012 860,482 0 0.000000
2011      
2010      
2
Total of line 1, column (d) .....................
20.000000
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years . . .
3
0.000000
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
 
5
Multiply line 4 by line 3......................
5
0
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
0
7
Add lines 5 and 6........................
7
0
8
Enter qualifying distributions from Part XII, line 4.............
8
891,243
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2015)
Form 990-PF (2015)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bullet and enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 0
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 0
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 0
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a  
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 0
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 0
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletTN
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
    Yes
     
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.ARROWHEADRANCHTN.NET
    14
    The books are in care ofbulletPRESTON SWEENEY Telephone no.bullet (615) 896-1191

    Located atbullet206 FORTRESS BLVDMURFREESBOROTN ZIP+4bullet37128
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2015.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    JEFF SWEENEY EXECUTIVE DIRECTOR
    40.00     		150,000 0 0
    239 CORTNER MILL RD
    NORMANDY,TN37360
    PRESTON SWEENEY PRESIDENT
    8.00     		0 0 0
    206 FORTRESS BLVD
    MURFREESBORO,TN37128
    WILLIAM H NEELY SECRETARY
    3.00     		0 0 0
    206 FORTRESS BLVD
    MURFREESBORO,TN37128
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 A CHRISTIAN-BASED WORKING RANCH FOR TROUBLED BOYS WITH FOUR FAMILY RESIDENCE HALLS STAFFED WITH RESIDENTIAL CHILD CARE SPECIALIST COUPLES. BOTH SCHOOL SCHEDULES AND CHORE SCHEDULES HAVE BEEN ESTABLISHED FOR THE BOYS RESIDING AT THE RANCH FOSTERING A GOOD WORK ETHIC WHILE PROVIDING THEM AN ATMOSPHERE OF CARE FROM QUALIFIED HOUSE PARENTS AND STAFF. 1,012,517
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    0
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    0
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    0
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    0
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    0
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    0
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
     
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
     
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    891,243
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    891,243
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    891,243
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2014     		(c)
    2014     		(d)
    2015
    1 Distributable amount for 2015 from Part XI, line 7  
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011......  
    c From 2012......  
    d From 2013......  
    e From 2014......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$  
    a Applied to 2014, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2015 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2015.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		 
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014....  
    e Excess from 2015....  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2015, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
    0 0 0 0 0
    b 85% of line 2a ......... 0 0 0 0 0
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		891,243 808,868 926,922 860,482 3,487,515
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		0 0 0 0 0
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		891,243 808,868 926,922 860,482 3,487,515
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......         0
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		         0
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		        0
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		895,534       895,534
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		        0
    (3) Largest amount of support
    from an exempt organization    		         0
    (4) Gross investment income         0
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Total .................................bullet 3a 0
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		         
    4 Dividends and interest from securities....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory ............     		         
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 0 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    130
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2015)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2015
    Name of the organization
    ARROWHEAD RANCH INC
     
    Employer identification number

    26-3456041
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015) Page 2
    Name of organization
    ARROWHEAD RANCH INC
          		Employer identification number
    26-3456041
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    HEALTH SERVICES MANAGEMENT INC  
    206 FORTRESS BLVD
     
    MURFREESBORO, TN37128

    		$ 810,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
     
     

    MARK DEBBIE EATON  
    636 STONEWATER BLVD
     
    FRANKLIN, TN37069

    		$ 5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
     
     

    TREVOR SLEDGE  
    304 RIVERDOWNS DR
     
    MURFREESBORO, TN37128

    		$ 10,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
     
     

    BILL JANET NEELY  
    8353 JAMIE CT
     
    BRENTWOOD, TN37027

    		$ 5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
     
     

    TIM CLINARD  
    114 POWELL DR
     
    HENDERSONVILLE, TN37075

    		$ 5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 3
    Name of organization
    ARROWHEAD RANCH INC
          		Employer identification number

    26-3456041
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 4
    Name of organization
    ARROWHEAD RANCH INC
          		Employer identification number

    26-3456041
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

    Additional Data


    Software ID:  
    Software Version:  

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2015 DepreciationSchedule
    Name:
    ARROWHEAD RANCH INC
    EIN:
    26-3456041
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    ORIGINAL LAND IMPROVEMENT 2009-01-01 107,824 32,346 SL 20.000000000000 5,391 0 5,391  
    FURNITURE 2009-01-01 10,684 9,156 SL 7.000000000000 1,526 0 1,528  
    EQUIPMENT 2009-01-01 173,415 173,415 SL 5.000000000000 0 0 0  
    DEVELOPMENT COST 2009-01-01 68,959 10,344 SL 40.000000000000 1,724 0 1,724  
    SIGN 2009-01-01 2,388 1,434 SL 10.000000000000 239 0 239  
    LAND 2009-01-01 1,080,285   L   0 0 0  
    CHEVY VAN 2010-07-26 24,000 21,200 SL 5.000000000000 2,800 0 2,800  
    BULLDOZER 2010-10-07 19,831 12,040 SL 7.000000000000 2,833 0 2,833  
    REFRIGERATOR - MESS HALL 2010-12-07 1,101 641 SL 7.000000000000 157 0 157  
    RETREAT CENTER MATTRESSES 2010-07-19 3,793 3,352 SL 5.000000000000 441 0 441  
    2 TV'S - COTTAGE 2 2010-08-20 2,250 1,950 SL 5.000000000000 300 0 300  
    RETREAT CENTER MATTRESSES 2010-09-20 276 234 SL 5.000000000000 42 0 42  
    UPRIGHT FREEZER 2010-10-06 700 425 SL 7.000000000000 100 0 100  
    FURNITURE-COTTAGE 2 2010-07-13 7,499 6,750 SL 5.000000000000 749 0 749  
    TELEVISIONS - RETREAT CTR 2010-08-02 3,502 3,092 SL 5.000000000000 410 0 410  
    AREA RUG 2010-08-16 810 702 SL 5.000000000000 108 0 108  
    SOUMAK 10X14 RUG 2010-08-30 2,705 2,344 SL 5.000000000000 361 0 361  
    POLARIS GENERATOR 2010-04-09 454 309 SL 7.000000000000 65 0 65  
    BASKETBALL COURT 2010-03-18 7,810 2,475 SL 15.000000000000 521 0 521  
    COMPUTER 2010-12-31 714 572 SL 5.000000000000 142 0 142  
    BRIDGE 2010-05-31 2,158 660 SL 15.000000000000 144 0 144  
    CATTLE CHUTE 2010-07-15 5,293 1,588 SL 15.000000000000 353 0 353  
    GATE - ENTRANCE 2010-10-31 4,099 1,138 SL 15.000000000000 273 0 273  
    EQUESTRIAN CENTER 2009-01-01 141,229 21,107 SL 40.000000000000 3,531 0 3,531  
    DIRECTOR'S HOUSE 2009-01-01 229,222 34,365 SL 40.000000000000 5,731 0 5,731  
    FAMILY HOME #1 2009-01-01 151,735 22,449 SL 40.000000000000 3,793 0 3,793  
    MECHANICAL BLDG 2009-01-01 52,428 7,833 SL 40.000000000000 1,311 0 1,311  
    MESS HALL/OFFICE 2009-01-01 197,129 29,449 SL 40.000000000000 4,928 0 4,928  
    FAMILY HOME #2 2010-07-01 229,559 25,825 SL 40.000000000000 5,739 0 5,739  
    RETREAT CENTER 2010-10-01 293,755 31,212 SL 40.000000000000 7,344 0 7,344  
    RETREAT CTR FURNITURE 2010-08-02 1,302 822 SL 7.000000000000 186 0 186  
    RETREAT CTR FURNITURE 2010-08-06 10,541 6,651 SL 7.000000000000 1,506 0 1,506  
    RETREAT CTR FURNITURE 2010-09-07 6,054 3,748 SL 7.000000000000 865 0 865  
    RETREAT CTR FURNITURE 2010-09-07 235 147 SL 7.000000000000 34 0 34  
    RETREAT CTR FURNITURE 2010-09-14 917 568 SL 7.000000000000 131 0 131  
    RETREAT CTR FURNITURE 2010-10-04 355 217 SL 7.000000000000 51 0 51  
    RETREAT CTR FURNITURE 2010-10-05 3,828 2,325 SL 7.000000000000 547 0 547  
    RETREAT CTR FURNITURE 2010-10-05 1,240 752 SL 7.000000000000 177 0 177  
    RETREAT CTR FURNITURE 2010-11-08 3,544 2,108 SL 7.000000000000 506 0 506  
    RETREAT CTR FURNITURE 2010-12-08 3,971 2,315 SL 7.000000000000 567 0 567  
    COTTAGE 2 FURNITURE 2010-08-06 1,481 936 SL 7.000000000000 212 0 212  
    COTTAGE 2 FURNITURE 2010-09-07 503 312 SL 7.000000000000 72 0 72  
    SITE IMPROVEMENTS 2010-07-01 49,648 11,169 SL 20.000000000000 2,482 0 2,482  
    LIVESTOCK 2010-02-23 13,600 13,147 SL 5.000000000000 453 0 453  
    FIRE EXTINGUISHER 2010-09-09 462 399 SL 5.000000000000 63 0 63  
    2007 POLARIS 700XP 2010-02-01 4,700 3,299 SL 7.000000000000 671 0 671  
    4 STATION COMMERCIAL GYM 2010-07-01 4,899 3,150 SL 7.000000000000 700 0 700  
    DUMBBELL WEIGHT SET 2010-07-01 999 643 SL 7.000000000000 143 0 143  
    RECUMBENT STATIONARY BIKE 2010-07-01 775 499 SL 7.000000000000 111 0 111  
    2007 KAWASAKI 400W GENERA 2010-07-01 1,800 1,157 SL 7.000000000000 257 0 257  
    ROAD COSTS 2010-01-27 1,206 394 SL 15.000000000000 80 0 80  
    ROAD-RETREAT CTR DRIVEWAY 2010-02-19 755 242 SL 15.000000000000 50 0 50  
    ROAD-CATTLE RUN 2010-06-02 1,065 325 SL 15.000000000000 71 0 71  
    PHASE 3 ROADS 2010-11-16 1,722 470 SL 15.000000000000 115 0 115  
    PHASE 3 ROADS 2010-12-22 2,954 788 SL 15.000000000000 197 0 197  
    ROADS 2010-04-15 1,019 323 SL 15.000000000000 68 0 68  
    ROADS 2010-06-15 838 257 SL 15.000000000000 56 0 56  
    ROADS 2010-07-12 2,844 855 SL 15.000000000000 190 0 190  
    ROADS 2010-08-26 921 264 SL 15.000000000000 61 0 61  
    CHAINSAWS & WELDER 2010-02-02 1,685 1,185 SL 7.000000000000 241 0 241  
    FENCING 2010-07-01 52,506 33,754 SL 7.000000000000 7,501 0 7,501  
    COTTAGE #3 2011-07-01 192,225 16,821 SL 40.000000000000 4,806 0 4,806  
    COTTAGE #3 - SECURITY SYS 2011-07-01 350 175 SL 7.000000000000 50 0 50  
    COTTAGE #3 - APPLIANCES 2011-07-01 1,721 1,204 SL 5.000000000000 344 0 344  
    COTTAGE #3 - FURNTITURE 2011-07-01 11,900 5,950 SL 7.000000000000 1,700 0 1,700  
    COTTAGE #4 2011-10-01 185,913 15,106 SL 40.000000000000 4,648 0 4,648  
    COTTAGE #4 - SECURITY SYS 2011-10-01 1,090 507 SL 7.000000000000 156 0 156  
    COTTAGE #4 - APPLIANCES 2011-10-01 2,329 1,514 SL 5.000000000000 466 0 466  
    COTTAGE #4 - FURNITURE 2011-10-01 11,900 5,525 SL 7.000000000000 1,700 0 1,700  
    CABINETS - #1 & #2 2011-06-22 16,530 8,264 SL 7.000000000000 2,361 0 2,361  
    FIRE EXTINGUISHERS 2011-06-28 178 126 SL 5.000000000000 36 0 36  
    FIRE EXTINGUISHERS 2011-10-25 179 114 SL 5.000000000000 36 0 36  
    CAMERA SYSTEM 2011-01-24 683 536 SL 5.000000000000 137 0 137  
    LAND IMPROVEMENTS 2011-09-26 34,965   L   0 0 0  
    FURNITURE - RETREAT CENT 2011-02-07 1,067 596 SL 7.000000000000 152 0 152  
    FURNITURE - RETREAT CENT 2011-04-07 1,196 641 SL 7.000000000000 171 0 171  
    FURNITURE - PATIO 2011-05-10 1,817 953 SL 7.000000000000 260 0 260  
    EQUIPMENT 2011-05-17 926 663 SL 5.000000000000 185 0 185  
    EQUIPMENT - BACK HO 2011-05-18 925 663 SL 5.000000000000 185 0 185  
    SITE IMPROVEMENTS-2011 2011-07-01 65,282 11,424 SL 20.000000000000 3,264 0 3,264  
    POLARIS ATV 2011-10-26 12,138 7,689 SL 5.000000000000 2,428 0 2,428  
    HAY BARN 2011-01-01 5,882 604 SL 39.000000000000 151 0 151  
    MESS HALL REFRIGERATOR 2011-01-06 606 348 SL 7.000000000000 87 0 87  
    FURNITURE-RETREAT CENTER 2011-01-10 545 312 SL 7.000000000000 78 0 78  
    SECURITY SYSTEM-RETREAT C 2011-01-10 1,100 880 SL 5.000000000000 220 0 220  
    ROAD IMPROVEMENTS 2011-12-31 10,206 2,040 SL 15.000000000000 680 0 680  
    2008 FORD F-250 TRUCK 2011-03-02 30,000 23,000 SL 5.000000000000 6,000 0 6,000  
    TRACTOR 2011-12-01 32,600 14,359 SL 7.000000000000 4,657 0 4,657  
    SITE IMPROVEMENTS-2012 2012-07-01 29,925 4,488 SL 20.000000000000 1,496 0 1,496  
    ROAD IMPROVEMENTS-2012 2012-05-09 2,942 588 SL 15.000000000000 196 0 196  
    LAND IMPROVEMENTS-2012 2012-09-01 3,499 525 SL 20.000000000000 175 0 175  
    BUILDING IMPROVEMENT-COTTAGE #3 2012-10-05 2,969 444 SL 20.000000000000 148 0 148  
    MOWER 2012-03-16 13,800 5,913 SL 7.000000000000 1,971 0 1,971  
    TRACTOR 2012-07-20 11,600 4,971 SL 7.000000000000 1,657 0 1,657  
    2013 FORD VAN 2013-09-16 23,700 5,925 SL 5.000000000000 4,740 0 4,740  
    AC UNIT - MESS HALL 2013-07-09 823 177 SL 7.000000000000 118 0 118  
    ROAD IMPROVEMENTS 2013-10-22 6,850 400 SL 20.000000000000 343 0 343  
    CABINETS 2013-02-21 3,500 917 SL 7.000000000000 500 0 500  
    TRACTOR 2013-03-21 8,640 2,160 SL 7.000000000000 1,234 0 1,234  
    STRAW BLOWER 2013-06-27 2,950 885 SL 5.000000000000 590 0 590  
    2001 TRUCK 2013-04-16 11,000 3,667 SL 5.000000000000 2,200 0 2,200  
    BUILDING IMPROVEMENTS 2014-04-30 10,320 344 SL 20.000000000000 516 0 516  
    COTTAGE #1 - FURNITURE 2014-11-04 1,765 42 SL 7.000000000000 252 0 252  
    ROAD IMPROVEMENTS 2014-07-15 1,555 52 SL 15.000000000000 104 0 104  
    LAND IMPROVEMENTS 2014-11-04 4,123 34 SL 20.000000000000 206 0 206  
    BUILDING IMPROVEMENT-COTTAGE #3 2014-04-18 2,980 99 SL 20.000000000000 149 0 149  
    ROAD IMPROVEMENTS 2015-07-06 2,002   SL 20.000000000000 50 0 50  
    LAND IMPROVEMENTS 2015-06-12 1,385   SL 20.000000000000 40 0 40  
    FREEZER (4)/PRESSURE REDUCER VALVE (6) 2015-08-03 3,537   SL 7.000000000000 211 0 211  

    TY 2015 LandEtcSchedule2
    Name:
    ARROWHEAD RANCH INC
    EIN:
    26-3456041
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    ORIGINAL LAND IMPROVEMENT 107,824 37,737 70,087 70,087
    FURNITURE 10,684 10,682 2 2
    EQUIPMENT 173,415 173,415 0 0
    SIGN 2,388 1,673 715 715
    LAND 1,080,285 0 1,080,285 1,080,285
    CHEVY VAN 24,000 24,000 0 0
    BULLDOZER 19,831 14,873 4,958 4,958
    REFRIGERATOR - MESS HALL 1,101 798 303 303
    RETREAT CENTER MATTRESSES 3,793 3,793 0 0
    2 TV'S - COTTAGE 2 2,250 2,250 0 0
    RETREAT CENTER MATTRESSES 276 276 0 0
    UPRIGHT FREEZER 700 525 175 175
    FURNITURE-COTTAGE 2 7,499 7,499 0 0
    TELEVISIONS - RETREAT CTR 3,502 3,502 0 0
    AREA RUG 810 810 0 0
    SOUMAK 10X14 RUG 2,705 2,705 0 0
    POLARIS GENERATOR 454 374 80 80
    BASKETBALL COURT 7,810 2,996 4,814 4,814
    COMPUTER 714 714 0 0
    BRIDGE 2,158 804 1,354 1,354
    CATTLE CHUTE 5,293 1,941 3,352 3,352
    GATE - ENTRANCE 4,099 1,411 2,688 2,688
    EQUESTRIAN CENTER 141,229 24,638 116,591 116,591
    DIRECTOR'S HOUSE 229,222 40,096 189,126 189,126
    FAMILY HOME #1 151,735 26,242 125,493 125,493
    MECHANICAL BLDG 52,428 9,144 43,284 43,284
    MESS HALL/OFFICE 197,129 34,377 162,752 162,752
    FAMILY HOME #2 229,559 31,564 197,995 197,995
    RETREAT CENTER 293,755 38,556 255,199 255,199
    RETREAT CTR FURNITURE 1,302 1,008 294 294
    RETREAT CTR FURNITURE 10,541 8,157 2,384 2,384
    RETREAT CTR FURNITURE 6,054 4,613 1,441 1,441
    RETREAT CTR FURNITURE 235 181 54 54
    RETREAT CTR FURNITURE 917 699 218 218
    RETREAT CTR FURNITURE 355 268 87 87
    RETREAT CTR FURNITURE 3,828 2,872 956 956
    RETREAT CTR FURNITURE 1,240 929 311 311
    RETREAT CTR FURNITURE 3,544 2,614 930 930
    RETREAT CTR FURNITURE 3,971 2,882 1,089 1,089
    COTTAGE 2 FURNITURE 1,481 1,148 333 333
    COTTAGE 2 FURNITURE 503 384 119 119
    SITE IMPROVEMENTS 49,648 13,651 35,997 35,997
    LIVESTOCK 13,600 13,600 0 0
    FIRE EXTINGUISHER 462 462 0 0
    2007 POLARIS 700XP 4,700 3,970 730 730
    4 STATION COMMERCIAL GYM 4,899 3,850 1,049 1,049
    DUMBBELL WEIGHT SET 999 786 213 213
    RECUMBENT STATIONARY BIKE 775 610 165 165
    2007 KAWASAKI 400W GENERA 1,800 1,414 386 386
    ROAD COSTS 1,206 474 732 732
    ROAD-RETREAT CTR DRIVEWAY 755 292 463 463
    ROAD-CATTLE RUN 1,065 396 669 669
    PHASE 3 ROADS 1,722 585 1,137 1,137
    PHASE 3 ROADS 2,954 985 1,969 1,969
    ROADS 1,019 391 628 628
    ROADS 838 313 525 525
    ROADS 2,844 1,045 1,799 1,799
    ROADS 921 325 596 596
    CHAINSAWS & WELDER 1,685 1,426 259 259
    FENCING 52,506 41,255 11,251 11,251
    COTTAGE #3 192,225 21,627 170,598 170,598
    COTTAGE #3 - SECURITY SYS 350 225 125 125
    COTTAGE #3 - APPLIANCES 1,721 1,548 173 173
    COTTAGE #3 - FURNTITURE 11,900 7,650 4,250 4,250
    COTTAGE #4 185,913 19,754 166,159 166,159
    COTTAGE #4 - SECURITY SYS 1,090 663 427 427
    COTTAGE #4 - APPLIANCES 2,329 1,980 349 349
    COTTAGE #4 - FURNITURE 11,900 7,225 4,675 4,675
    CABINETS - #1 & #2 16,530 10,625 5,905 5,905
    FIRE EXTINGUISHERS 178 162 16 16
    FIRE EXTINGUISHERS 179 150 29 29
    CAMERA SYSTEM 683 673 10 10
    LAND IMPROVEMENTS 34,965 0 34,965 34,965
    FURNITURE - RETREAT CENT 1,067 748 319 319
    FURNITURE - RETREAT CENT 1,196 812 384 384
    FURNITURE - PATIO 1,817 1,213 604 604
    EQUIPMENT 926 848 78 78
    EQUIPMENT - BACK HO 925 848 77 77
    SITE IMPROVEMENTS-2011 65,282 14,688 50,594 50,594
    POLARIS ATV 12,138 10,117 2,021 2,021
    HAY BARN 5,882 755 5,127 5,127
    MESS HALL REFRIGERATOR 606 435 171 171
    FURNITURE-RETREAT CENTER 545 390 155 155
    SECURITY SYSTEM-RETREAT C 1,100 1,100 0 0
    ROAD IMPROVEMENTS 10,206 2,720 7,486 7,486
    2008 FORD F-250 TRUCK 30,000 29,000 1,000 1,000
    TRACTOR 32,600 19,016 13,584 13,584
    SITE IMPROVEMENTS-2012 29,925 5,984 23,941 23,941
    ROAD IMPROVEMENTS-2012 2,942 784 2,158 2,158
    LAND IMPROVEMENTS-2012 3,499 700 2,799 2,799
    BUILDING IMPROVEMENT-COTTAGE #3 2,969 592 2,377 2,377
    MOWER 13,800 7,884 5,916 5,916
    TRACTOR 11,600 6,628 4,972 4,972
    2013 FORD VAN 23,700 10,665 13,035 13,035
    AC UNIT - MESS HALL 823 295 528 528
    ROAD IMPROVEMENTS 6,850 743 6,107 6,107
    CABINETS 3,500 1,417 2,083 2,083
    TRACTOR 8,640 3,394 5,246 5,246
    STRAW BLOWER 2,950 1,475 1,475 1,475
    2001 TRUCK 11,000 5,867 5,133 5,133
    BUILDING IMPROVEMENTS 10,320 860 9,460 9,460
    COTTAGE #1 - FURNITURE 1,765 294 1,471 1,471
    ROAD IMPROVEMENTS 1,555 156 1,399 1,399
    LAND IMPROVEMENTS 4,123 240 3,883 3,883
    BUILDING IMPROVEMENT-COTTAGE #3 2,980 248 2,732 2,732
    ROAD IMPROVEMENTS 2,002 50 1,952 1,952
    LAND IMPROVEMENTS 1,385 40 1,345 1,345
    FREEZER (4)/PRESSURE REDUCER VALVE (6) 3,537 211 3,326 3,326


    TY 2015 OtherAssetsSchedule
    Name:
    ARROWHEAD RANCH INC
    EIN:
    26-3456041
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DEVELOPMENT COST 58,615 56,891 56,891


    TY 2015 OtherExpensesSchedule
    Name:
    ARROWHEAD RANCH INC
    EIN:
    26-3456041
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADVERTISING 5,731 0 0 5,731
    INSURANCE 28,551 0 0 28,551
    HEALTH INSURANCE 72,962 0 0 72,962
    SCHOOL SUPPLIES/ACTIVITY 367 0 0 367
    VETERINARY/FARRIER EXP 1,865 0 0 1,865
    JANITORIAL/TRASH PICKUP 3,617 0 0 3,617
    LICENSES & FEES 2,161 0 0 2,161
    UTILITIES 31,929 0 0 31,929
    OFFICE EXPENSES 3,896 0 0 3,896
    PEST CONTROL 1,574 0 0 1,574
    RESIDENT MEDICAL EXP 1,714 0 0 1,714
    FUEL EXPENSE 27,972 0 0 27,972
    HOUSE EXPENSES 160,115 0 0 160,115
    AUTO EXPENSE 10,222 0 0 10,222
    REPAIR & MAINTENANCE 42,486 0 0 42,486
    CONTRACT LABOR 4,355 0 0 4,355
    SMALL EQUIPMENT 8,393 0 0 8,393
    FARM SUPPLIES 3,523 0 0 3,523
    TRAVEL/MEETING 5,427 0 0 5,427
    SPORTS EQUIPMENT 3,785 0 0 3,785
    TELEPHONE 8,141 0 0 8,141
    THERAPUTIC SERVICES 2,605 0 0 2,605
    INTERNET 7,558 0 0 7,558
    EQUIPMENT RENTAL 26,368 0 0 26,368
    LIVESTOCK FEED 11,448 0 0 11,448
    MISC 1,307 0 0 1,307


    TY 2015 TaxesSchedule
    Name:
    ARROWHEAD RANCH INC
    EIN:
    26-3456041
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 27,383 0 0 27,383
    PROPERTY TAX 230 0 0 230