TY 2018 Form 990

(A)
Name and Title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W- 2/1099-MISC)

(E)
Reportable compensation from related organizations (W- 2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(1) DENNIS KAUFMAN......................................................................
PRESIDENT

10.00
.................

(2) RICHARD TOMPECK......................................................................
VICE PRESIDENT

5.00
.................

(3) JACK ROSENSTOCK......................................................................
TREASURER

5.00
.................

(4) MICHAEL PETERS......................................................................
SECRETARY

5.00
.................

(5) DANA CRAIG......................................................................
DIRECTOR

5.00
.................

(6) MICHAEL ROULEAU......................................................................
DIRECTOR

5.00
.................

(7) PAUL HELLER......................................................................
DIRECTOR

5.00
.................

(8) KATHY GOLDMAN......................................................................
DIRECTOR

5.00
.................

(9) TERRI ALLEN......................................................................
DIRECTOR

5.00
.................

(10) GARRETT WALLACE......................................................................
GENERAL MANAGER

40.00
.................

(A)
Name and Title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W- 2/1099-MISC)

(E)
Reportable compensation from related organizations (W- 2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(A)
Name and business address

(B)
Description of services

TROON GOLF LLC

10544 N SCOTTSDALE RD SUITE 300
SCOTTSDALE,AZ85254

MANAGEMENT COMPANY

145,251

Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet

	(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ........


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after 7/25/06, and not on a historic structure listed in the National Register ...	2d


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......	1	11,472,375
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ............	2d	2,840,413
e	Add lines 2a through 2d .....................	2e	2,840,413
3	Subtract line 2e from line 1..................	3	8,631,962
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b....................	4c	0
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......	5	8,631,962

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........	1	10,356,180
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ............	2d	2,840,413
e	Add lines 2a through 2d....................	2e	2,840,413
3	Subtract line 2e from line 1...................	3	7,515,767
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ............	4b
c	Add lines 4a and 4b.....................	4c	0
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......	5	7,515,767

Return Reference	Explanation
PART X, LINE 2:	THE CLUB EVALUATES ITS TAX POSITIONS THAT HAVE BEEN TAKEN OR ARE EXPECTED TO BE TAKEN ON INCOME TAX RETURNS TO DETERMINE IF AN ACCRUAL IS NECESSARY FOR UNCERTAIN TAX POSITIONS. AS OF DECEMBER 31, 2018 AND 2017, THE UNRECOGNIZED TAX BENEFITS ACCRUAL WAS ZERO.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	COST OF GOODS RECLASSED TO REVENUE 2,840,413.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	COST OF GOODS SOLD RECLASSED TO REVENUE 2,840,413.

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2018

Open to Public
Inspection

Name of the organization

TROON COUNTRY CLUB INC

Employer identification number

86-0684400

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 3	TROON COUNTRY CLUB, INC. OPERATES UNDER A PRIVATE GOLF MANAGEMENT AGREEMENT WITH TROON GOLF, LLC. TROON GOLF, LLC OPERATES THE CLUB'S DAY-TO-DAY ACTIVITIES AS DIRECTED BY THE ORGANIZATION'S BOARD OF DIRECTORS. ALL EMPLOYEES AT THE CLUB ARE EMPLOYED BY TROON GOLF, LLC. THE FOLLOWING INDIVIDUAL LISTED IN PART VII RECEIVED COMPENSATION FROM TROON GOLF, LLC FOR MANAGEMENT SERVICES PERFORMED FOR THE CLUB. REPORTABLE COMP OTHER COMP GARRETT WALLACE $210,000 $0
FORM 990, PART VI, SECTION A, LINE 4	TROON COUNTRY CLUB AMENDED ITS BYLAWS ON MARCH 8, 2018. THE SIGNIFICANT CHANGES INCLUDED CHANGES THE POWERS OF THE BOARD AND PROVISIONS FOR REMOVAL OF BOARD MEMBERS; CHANGES TO THE CLASSIFICATION OF MEMBERS, WHICH ALSO IMPACTS WHO RECEIVES ASSETS UPON LIQUIDATION; AND CHANGES THE ELECTION AND QUALIFICATIONS OF OFFICERS. THE NEW POWERS OF THE BOARD INCLUDE A STIPULATION FOR THE EVENT OF A VACANCY ON THE BOARD, WHICH ALLOWS THE BOARD, BY A TWO-THIRDS VOTE OF ALL REMAINING BOARD MEMBERS, TO APPOINT A SUCCESSOR INTERIM DIRECTOR TO COMPLETE THE REMAINING TERM OF THE OUTGOING DIRECTOR. IF THE REMAINING TERM OF OUTGOING DIRECTOR IS LESS THAN 3 YEARS, THE INTERIM DIRECTOR IS ELIGIBLE TO RUN FOR REELECTION. IN NO CIRCUMSTANCE MAY THE INTERIM DIRECTOR BE THE SPOUSE OF THE OUTGOING DIRECTOR. THEY WERE ALSO GIVEN THE POWER TO, SUBJECT TO APPROVAL BY A 60% VOTE OF GOLF MEMBERS, CREATE ADDITIONAL ASSESSMENTS. THEY WERE ALSO GIVEN THE POWER TO UNDERTAKE SUCH OTHER ACTS AND THINGS AS ARE REQUIRED TO COMPLY WITH THE LAWS OF THE STATE OF ARIZONA WITH RESPECT TO NON-PROFIT CORPORATIONS, AS THOSE LAWS NOW EXIST OR AS THEY MAY HEREAFTER PROVIDE. LASTLY, THE BOARD NOW HAS THE POWER TO REMOVE ANY MEMBER OF THE BOARD BY A VOTE OF SIX BOARD MEMBERS BASED ON A DETERMINATION THAT SUCH MEMBER VIOLATED ANY PROVISION OF THE RULES AND REGULATIONS OR CODES OF CONDUCT. MEMBERSHIP CATEGORIES WERE REVISED TO ADD ASSOCIATE GOLF AND SENIOR GOLF CATEGORIES AND ELIMINATE VOTING, BUSINESS, FOUNDING AND NON-VOTING ASSOCIATION MEMBERSHIPS. GOLF MEMBERS ARE NOW THE ONLY CATEGORY ABLE TO VOTE. A MEMBERSHIP, OF ANY CATEGORY, MAY BE HELD BY A CORPORATION, LIMITED LIABILITY COMPANY, TRUST OR ANY OTHER ENTITY. THE PROVISION FOR THE DISPOSITION OF ASSETS UPON LIQUIDATION OF THE CLUB PROVIDES THAT GOLF MEMBERS WILL BE ENTITLED TO THE ASSETS OF THE CLUB, WHERE AS BEFORE, IT PROVIDED THAT VOTING MEMBERS AND DUES PAYING FOUNDING MEMBERS WERE ENTITLED TO THE ASSETS UPON LIQUIDATION. CONCERNING THE ELECTION OF OFFICERS, THE BYLAWS WERE AMENDED TO REQUIRE THE PRESIDENT AND VICE PRESIDENT MUST HAVE BEEN MEMBERS OF THE BOARD FOR AT LEAST ONE YEAR. IF THE THE NEWLY ELECTED PRESIDENT IS A MEMBER OF THE OUTGOING BOARD, HIS/HER TERM ON THE BOARD WILL BE EXTENDED BY ONE YEAR, INCREASING THE SIZE OF THE BOARD FROM 9 TO 10. AFTER THE ELECTION OF THE PRESIDENT, BUT BEFORE THE ELECTION OF THE VICE PRESIDENT, SECRETARY AND TREASURER, THE TERMS OF THE OUTGOING BOARD MEMBERS EXPIRE AND THE INCOMING BOARD MEMBERS' TERMS BEGIN.
FORM 990, PART VI, SECTION A, LINE 6	THE MEMBERSHIP OF TROON COUNTRY CLUB CONSISTS OF VOTING MEMBERS: GOLF MEMBERS; AND NON VOTING MEMBERS: SENIOR GOLF MEMBERS, ASSOCIATE GOLF MEMBERS, SPORT/SOCIAL MEMBERS AND HONORARY MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7A	THE BOARD OF DIRECTORS IS ELECTED BY GOLF MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7B	AMENDMENTS TO THE ORGANIZATION'S BYLAWS MUST BE APPROVED BY GOLF MEMBERS.
FORM 990, PART VI, SECTION B, LINE 11B	THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND REVIEWED BY THE CLUB'S PRESIDENT PRIOR TO FILLING.
FORM 990, PART VI, SECTION B, LINE 12C	THE BOARD OF DIRECTORS ARE ASKED TO SIGN A CONFLICT OF INTEREST FORM PRIOR TO SERVICE TO AVOID ANY POSSIBLE CONFLICTS. IF AN INTEREST SURFACES THAT WAS NOT ANTICIPATED, THEY ARE OBLIGATED TO IMMEDIATELY REFRAIN FROM PARTICIPATING IN THE DECISION-MAKING PROCESS AND WITHIN THREE DAYS UPDATE THE CONFLICT FORM TO DISCLOSE THE INTEREST.
FORM 990, PART VI, SECTION B, LINE 15	THE ORGANIZATION DOES NOT COMPENSATE EMPLOYEES. ALL COMPENSATION IS PAID BY TROON COUNTRY CLUB, LLC UNDER A MANAGEMENT AGREEMENT.
FORM 990, PART VI, SECTION C, LINE 19	ALL INFORMATION IS KEPT READILY AVAILABLE IN THE MAIN OFFICE OF THE CLUB.
FORM 990, PART XI, LINE 9:	REDUCTION IN RESIGNED MEMBER EQUITY -527,499.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2018

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: TO PROVIDE GOLF, FOOD, BEVERAGE AND RELATED SERVICES TO MEMBERS.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	9
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	9
5	Total number of individuals employed in calendar year 2018 (Part V, line 2a) ......	5	0
6	Total number of volunteers (estimate if necessary) .............	6	9
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	326,148
b	Net unrelated business taxable income from Form 990-T, line 34 .........	7b	107,157

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	0	0
9	Program service revenue (Part VIII, line 2g) .........	7,026,402	8,699,401
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	-2,366,083	528
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	-261,026	-67,967
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	4,399,293	8,631,962
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	1,246	1,309
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	2,792,137	3,420,800
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	3,489,208	4,093,658
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	6,282,591	7,515,767
19	Revenue less expenses. Subtract line 18 from line 12.......	-1,883,298	1,116,195
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	21,963,199	22,020,918
21	Total liabilities (Part X, line 26).............	7,041,856	6,510,879
22	Net assets or fund balances. Subtract line 21 from line 20.....	14,921,343	15,510,039

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	PRIVATE GOLF COURSE, CLUBHOUSE, AND OTHER STANDARD AMENITIES INCLUDING A RESTAURANT. THE CLUB SERVES APPROXIMATELY 512 MEMBERS.

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	0	0	0

1a	Federated campaigns..	1a
b	Membership dues..	1b
c	Fundraising events..	1c
d	Related organizations	1d
e	Government grants (contributions)	1e

f	All other contributions, gifts, grants, and similar amounts not included above	1f

g	Noncash contributions included in lines 1a - 1f:$
h Total. Add lines 1a-1f.......

		Business Code
2a	MEMBER DUES	713910	4,767,010	4,767,010
b	MEMBERSHIP INITIATION FEES, NET	713910	1,833,900	1,833,900
c	CAPITAL CONTRIBUTIONS	713910	865,114	865,114
d	CART RENTALS/GREEN FEES	713910	747,038	547,739	199,299
e	OTHER MEMBER SERVICES	713910	182,802	182,802
f	All other program service revenue.		303,537	303,537
g	Total. Add lines 2a–2f ....		8,699,401

3 Investment income (including dividends, interest, and othersimilar amounts) ......			28		28
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
		(ii) Personal	(i) Real
6a	Gross rents	114,523
b	Less: rental expenses	0
c	Rental income or (loss)	114,523
d	Net rental income or (loss)......			114,523		114,523
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory	500
b	Less: cost or other basis and sales expenses	0
c	Gain or (loss)	500
d	Net gain or (loss).....			500			500
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
	a
b	Less: direct expenses ...b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
	a
b	Less: direct expenses ...b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
	a		2,657,923
b	Less: cost of goods sold ..b		2,840,413
c	Net income or (loss) from sales of inventory..			-182,490	-194,788	12,298
Business Code			Miscellaneous Revenue
11a
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......
12	Total revenue. See Instructions......			8,631,962	8,305,314	326,148	500

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21	1,309
2	Grants and other assistance to domestic individuals. See Part IV, line 22
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, line 15 and 16.
4	Benefits paid to or for members
5	Compensation of current officers, directors, trustees, and key employees ....	210,000
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....
7	Other salaries and wages	2,588,938
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	20,372
9	Other employee benefits .......	382,410
10	Payroll taxes ...........	219,080
11	Fees for services (non-employees):
a	Management ......	145,251
b	Legal .........
c	Accounting ...........	28,769
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	108,087
12	Advertising and promotion ....	143,640
13	Office expenses .......	91,417
14	Information technology ......	55,864
15	Royalties ..
16	Occupancy ...........	375,661
17	Travel ............	7,020
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....	3,669
20	Interest ...........	201,805
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	1,318,893
23	Insurance ...	72,146
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	UNRELATED BUSINESS TAX	29,345
b	WATER & LANDSCAPING	624,924
c	EQUIPMENT & STORAGE REN	154,738
d	CHEMICALS	149,600
e	All other expenses	582,829
25	Total functional expenses. Add lines 1 through 24e	7,515,767
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

1	Cash–non-interest-bearing ........			757,058	1	1,539,317
2	Savings and temporary cash investments .........				2
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............			542,721	4	665,368
5	Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L .............
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L ..............
					6
7	Notes and loans receivable, net ....				7
8	Inventories for sale or use ........			288,623	8	294,177
9	Prepaid expenses and deferred charges ......			42,882	9	60,672
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	28,443,158
b	Less: accumulated depreciation	10b	9,047,593	20,211,662	10c	19,395,565
11	Investments—publicly traded securities .				11
12	Investments—other securities. See Part IV, line 11 .....				12
13	Investments—program-related. See Part IV, line 11 ..				13
14	Intangible assets ...............			23,503	14	20,817
15	Other assets. See Part IV, line 11 ...........			96,750	15	45,002
16	Total assets. Add lines 1 through 15 (must equal line 34)...			21,963,199	16	22,020,918

17	Accounts payable and accrued expenses .....	2,315,453	17	664,708
18	Grants payable ...		18
19	Deferred revenue .........		19
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
	persons. Complete Part II of Schedule L..		22
23	Secured mortgages and notes payable to unrelated third parties ..	3,705,250	23	4,850,000
24	Unsecured notes and loans payable to unrelated third parties ..	959,150	24	940,098
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D	62,003	25	56,073
26	Total liabilities. Add lines 17 through 25..	7,041,856	26	6,510,879

	Organizations that follow SFAS 117 (ASC 958), check here and complete lines 27 through 29, and lines 33 and 34.
27	Unrestricted net assets	14,921,343	27	15,510,039
28	Temporarily restricted net assets ...........		28
29	Permanently restricted net assets		29
	Organizations that do not follow SFAS 117 (ASC 958), check here and complete lines 30 through 34.
30	Capital stock or trust principal, or current funds .....		30
31	Paid-in or capital surplus, or land, building or equipment fund ...		31
32	Retained earnings, endowment, accumulated income, or other funds		32
33	Total net assets or fund balances ...........	14,921,343	33	15,510,039
34	Total liabilities and net assets/fund balances ........	21,963,199	34	22,020,918

1a	Beginning of year balance ....
b	Contributions ...
c	Net investment earnings, gains, and losses
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...
f	Administrative expenses ....
g	End of year balance ......

1a	Land .....	8,480,896		8,480,896
b	Buildings ....	6,600,632	5,035,348	1,565,284
c	Leasehold improvements
d	Equipment ....	2,208,568	1,611,264	597,304
e	Other .....	11,153,062	2,400,981	8,752,081
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				19,395,565

(a) Description of security or category (including name of security)	(b) Book value	(c) Method of valuation: Cost or end-of-year market value
(1) Financial derivatives.........
(2) Closely-held equity interests........
(3)Other
(A)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

1.(a) Description of liability	(b) Book value
(1) Federal income taxes
DEPOSITS	56,073
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	56,073
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII