2024-05-14T12:00:40-05:00 2023-06-30 390859910 BAKER TILLY US LLP 790 N WATER STREET SUITE 2000 MILWAUKEE WI 53202 990 2022-07-01 941186179 PACIFIC SCHOOL OF RELIGION PACI 5108480528 1798 SCENIC AVE BERKELEY CA 94709 NATASHA LEE VP FOR FINANCE AND ADMIN 5108480528 2024-05-13 1 NATASHA LEE XXX-XX-XXXX 1 TROY E MARINE CPA P00187863 4147775500 2024-05-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DAVID VASQUEZ-LEVY 1798 SCENIC AVE BERKELEY CA 94709 18576367 0 X WWW.PSR.EDU X 1866 CA THE PACIFIC SCHOOL OF RELIGION IS A MULTI-DENOMINATIONAL CHRISTIAN SEMINARY. IT IS COMMITTED TO SERVING GOD BY EQUIPPING HISTORIC AND EMERGING FAITH COMMUNITIES FOR MINISTRIES OF COMPASSION AND JUSTICE IN A CHANGING WORLD. IT HAS FORMAL RELATIONSHIPS WITH THREE DENOMINATIONS: THE UNITED CHURCH OF CHRIST, THE UNITED METHODIST CHURCH, AND THE CHRISTIAN CHURCH (DISCIPLES OF CHRIST). 17 16 78 16 0 0 1081145 6875664 2032388 2286027 20831641 678938 936745 1109283 24881919 10949912 286793 320725 0 0 3757080 4126213 0 0 383943 3371817 3598431 7415690 8045369 17466229 2904543 62520074 70611909 4560071 4533289 57960003 66078620 X PACIFIC SCHOOL OF RELIGION PREPARES A DIVERSE CADRE OF SPIRITUALLY ROOTED LEADERS WITH THE VISION, RESILIENCE, AND SKILL TO CREATE A WORLD WHERE ALL CAN THRIVE.GROUNDED IN THE RIGOROUS STUDY AND FAITHFUL PRACTICE OF PROGRESSIVE CHRISTIAN FAITH, PSR PARTNERS WITH STUDENTS OF ALL BACKGROUNDS TO DEEPEN THEIR SPIRITUALITY AND ENHANCE THEIR CAPACITY TO LEAD IN TRANSFORMATIVE WAYS. CONNECTED TO A BROAD NETWORK OF RELIGIOUS, EDUCATIONAL, NOT-FOR-PROFIT, AND PRIVATE SECTOR ORGANIZATIONS - WITH A PARTICULAR COMMITMENT TO THE WISDOM OF HISTORICALLY MARGINALIZED COMMUNITIES - PSR OFFERS AN EDUCATION THAT IS MARKED BY INNOVATION, REFLECTION, AND EXCELLENCE. 0 0 2467491 320725 1168265 INSTRUCTION: THE PACIFIC SCHOOL OF RELIGION (PSR) OFFERS FIVE MASTER'S DEGREE, FOUR CERTIFICATES OF STUDY, AND A PROFESSIONAL DOCTORAL IN MINISTRY. PSR STUDENTS GO ON TO SERVE AS ORDAINED PARISH PASTORS, HOSPITAL AND PRISON CHAPLAINS, YOUTH DIRECTORS AND CHRISTIAN EDUCATORS, TEACHERS IN HIGH SCHOOLS AND COLLEGES, SOCIAL SCIENCE ADMINISTRATORS, LITURGICAL ARTISTS, AND COMMUNITY ORGANIZERS. PSR PROVIDED EDUCATION TO 45 STUDENTS STUDYING FOR THE MASTER OF DIVINITY DEGREE, 11 STUDENTS STUDYING FOR OTHER MASTER'S DEGREES AND 69 STUDENTS STUDYING FOR A DOCTOR OF MINISTRY DEGREE. STUDENTS ENROLLED FOR INSTRUCTION AT THE SCHOOL RECEIVE PERSONALIZED DIRECTION AND ATTENTION FROM A RENOWNED FACULTY. 464606 1117762 HOUSING SERVICES: THE SCHOOL PROVIDES HOUSING OPPORTUNITIES TO STUDENTS, IN DORMITORIES AND ONE-BEDROOM APARTMENTS. THE SCHOOL WELCOMES FAMILIES AND STUDENTS TO HOUSING AT RATES THAT ARE BELOW MARKET RATES. WIRELESS NETWORKS ARE AVAILABLE TO RESIDENTS. 2138449 STUDENT SERVICES: PROFESSIONAL MINISTERIAL EDUCATION AT THE PACIFIC SCHOOL OF RELIGION IS COMBINED WITH A STUDENT'S SPIRITUAL DEVELOPMENT AND FIELD EDUCATION. STUDENTS SEEKING DEGREES ARE ENCOURAGED AND HELPED TO APPLY THE SUBJECTS LEARNED IN THE CLASSROOM TO THE CONTEXT OF THE BROADER COMMUNITY, INCLUDING CULTURES, WORLD RELIGIONS AND THE ARTS. THE OFFICE OF COMMUNITY LIFE PROVIDES FOR THE MENTORING OF STUDENTS THROUGHOUT THEIR STUDY. STUDENTS RECEIVE PASTORAL CARE, SPIRITUAL DIRECTION AND OTHER CARE. 84988 GENERAL INSTITUTIONAL SUPPORT. 84988 5070546 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 43 0 78 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 16 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 1 1 0 CA X NATASHA LEE 5108498200 1798 SCENIC AVENUE BERKELEY CA 94709 DAVID VASQUEZ LEVY PRESIDENT 37.00 X X 158019 0 110255 DON HILL CHAIR 5.00 X X 0 0 0 TERI CANNON VICE CHAIR 5.00 X X 0 0 0 BENJAMIN GUNNING TREASURER 5.00 X X 0 0 0 JUDE JOHNSON SECRETARY 5.00 X X 0 0 0 ALAN AKANA TRUSTEE 5.00 X 0 0 0 CATHERINE PIEZ TRUSTEE 5.00 X 0 0 0 CONNIE MITCHELL TRUSTEE 5.00 X 0 0 0 CYNTHIA SCHERR TRUSTEE 5.00 X 0 0 0 DEBORAH ALVAREZ-RODRIGUEZ TRUSTEE 5.00 X 0 0 0 JENNIFER MARTINEZ TRUSTEE 5.00 X 0 0 0 MARK JACOBSEN TRUSTEE 5.00 X 0 0 0 MARSHA FOSTER BOYD TRUSTEE 5.00 X 0 0 0 SANDRA NATHAN TRUSTEE 5.00 X 0 0 0 STANLEY WATSON TRUSTEE 5.00 X 0 0 0 VERIL PHILLIPS TRUSTEE 5.00 X 0 0 0 WARNER BROWN TRUSTEE 5.00 X 0 0 0 SUSAN ABRAHAM VICE PRESIDENT FOR ACADEMIC AFFAIRS AND DEAN 37.00 X 148876 0 23819 NATASHA LEE VP FOR FINANCE AND ADMINISTRATION 37.00 X 131685 0 13366 MURRY EVANS VP FOR MARKETING AND ENROLLMENT 37.00 X 92523 0 9321 ANDREA VECCHIONE ED OF DEVELOPMENT & STRATEGIC PARTNER 37.00 X 10001 0 7700 BYRON CHUNG EXECUTIVE DIRECTOR OF IGNITE 37.00 X 181350 0 13688 BERNARD SCHLAGER DIRECTOR OF THE CENTER FOR LESBIAN & GAY STUDIES 37.00 X 124952 0 38862 847406 0 217011 5 0 1 0 CLIFTONLARSONALLEN PO BOX 31001-2500 PASADENA CA 91110 ACCOUNTING 430946 ARTHUR J GALLAGHER AND CO 595 MARKET STREET SUITE 2100 SAN FRANCISCO CA 94105 LEGAL 159614 2 37708 6837956 6875664 TUITION AND FEES 611710 1168265 1168265 AUXILIARY ENTERPRISES 611710 1117762 1117762 2286027 709591 709591 1024295 0 1024295 1024295 1024295 7595802 7626455 -30653 -30653 -30653 OTHER SUPPORT/MISC. INCOME 611710 84988 84988 84988 10949912 2371015 0 1703233 320725 320725 869117 644570 166224 58323 2322284 1722294 444151 155839 220049 163196 42086 14767 506104 363491 112815 29798 208659 154752 39905 14002 720774 590801 68182 61791 805 805 485550 485550 411647 411647 714930 468518 212876 33536 273694 273694 422566 304245 118321 131490 72385 43218 15887 28406 28406 408569 265569 143000 8045369 5070546 2590880 383943 10498954 686038 1057404 9736113 155686 137066 152291 80415 125131 110564 362180 457933 11453493 7262994 4462474 4190499 43556562 52967260 375000 375000 1774392 1871021 62520074 70611909 560043 661903 209556 202142 3790472 3669244 4560071 4533289 X 23734860 25567285 34225143 40511335 57960003 66078620 62520074 70611909 X 2904543 5174538 39536 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5002 X DISPLAY AND EDUCATIONAL 0 44149447 6057474 5315877 2046769 53476029 51895495 6106584 -12116919 1735713 44149447 43745060 8229 12243116 2416264 1684646 51895495 42917099 4314787 -190886 1673375 1622565 43745060 43583058 620413 449812 732135 1004049 42917099 0.16000 0.67000 0.17000 0 0 173642 173642 3699961 3442244 257717 6663954 3150657 3513297 915936 670093 245843 4190499 ASSET RETIREMENT OBLIGATIONS 350239 LIABILITIES TO BENEFICIARIES OF SPLIT-INTEREST AGREEMENTS 1199828 DEFERRED LEASE LIABILITIES 2119177 3669244 X 15431614 5174538 39536 5214074 10217540 411647 320725 732372 10949912 7312997 0 7312997 411647 320725 732372 8045369 PART III, LINE 4: PSR MAINTAINS COLLECTIONS OF FINE ART, BOOKS AND ARCHAEOLOGICAL ARTIFACTS. THESE ITEMS ARE USED IN THE STUDY OF SUBJECTS SUCH AS ART AND RELIGION, HISTORY AND SCRIPTURAL STUDIES. STUDENTS EXAMINE ART, BOOKS AND ARTIFACTS AS PART OF THEIR STUDIES. PART V, LINE 4: ENDOWMENTS SUPPORT THE PROGRAMS OF THE SCHOOL, INCLUDING PROVIDING STUDENT FINANCIAL AID AND FUNDING FACULTY POSITIONS. PART X, LINE 2: THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ACCORDING TO AN INTERNAL REVENUE SERVICE DETERMINATION LETTER. ACCORDINGLY, THE SCHOOL IS NOT SUBJECT TO FEDERAL INCOME TAXES EXCEPT TO THE EXTENT IT DERIVES INCOME FROM CERTAIN ACTIVITIES NOT SUBSTANTIALLY RELATED TO ITS TAX-EXEMPT PURPOSES (UNRELATED TRADE OR BUSINESS ACTIVITIES). THE SCHOOL HAD NO MATERIAL UNRELATED BUSINESS INCOME DURING THE YEAR. IT IS ALSO EXEMPT FROM STATE INCOME TAX. THE SCHOOL FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE SCHOOL FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2023 AND 2022. THE SCHOOL'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: ACTUARIAL ADJUSTMENT 39,536. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 320,725. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 320,725. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY IN ALL PRINTED MATERIALS SENT TO STUDENTS AND ON ITS WEBSITE. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES FEDERAL AID FOR FINANCIAL AID PROGRAMS. 1 SCHOLARSHIPS AND GRANTS PROVIDED AS FINANCIAL AID TO STUDENTS 48 320725 PART I, LINE 2: THE SCHOOL PROVIDES FINANCIAL AID GRANTS THAT MAY BE USED FOR TUITION AND FEES ONLY. X X 1 1 X X X 0 0 0 0 0 0 0 0 0 DAVID VASQUEZ LEVY PRESIDENT 158019 0 0 0 0 0 15256 0 94999 0 268274 0 0 0 BYRON CHUNG EXECUTIVE DIRECTOR OF IGNITE 181350 0 0 0 0 0 12996 0 692 0 195038 0 0 0 SUSAN ABRAHAM VICE PRESIDENT FOR ACADEMIC AFFAIRS 148876 0 0 0 0 0 10500 0 13319 0 172695 0 0 0 BERNARD SCHLAGER DIRECTOR OF THE CENTER FOR LESBIAN & GAY STUDIES 124952 0 0 0 0 0 8738 0 30124 0 163814 0 0 0 PART I, LINE 1A FOR ORDAINED CLERGY, WHO ARE SUBJECT TO SELF-EMPLOYMENT TAX, PSR ADDS AS TAXABLE INCOME THE AMOUNT OF FICA AND MEDICARE TAX PSR WOULD OTHERWISE PAY ON THEIR BEHALF TO TAXING AUTHORITIES. DAVID VASQUEZ LEVY RECEIVED A HOUSING ALLOWANCE OF $61,500 DURING CALENDAR YEAR 2022. FORM 990, PART VI, SECTION B, LINE 11B WE WILL PROVIDE A COPY OF THE 2021 AND 2022 REPORT TO THE BOARD AT ITS MEETING IN MAY 2024. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICIES ARE DISTRIBUTED TO MEMBERS OF THE BOARD OF TRUSTEES IN OCTOBER OF EVERY YEAR. MEMBERS OF THE BOARD COMPLETE, SIGN AND RETURN DISCLOSURE STATEMENTS INDICATING THAT THEY HAVE READ THE CONFLICT OF INTEREST POLICY AND DISCLOSED ANY POTENTIAL CONFLICTS OF INTEREST. DISCLOSURE BY TRUSTEES SHALL BE MADE TO THE CHAIR OF THE BOARD, WHO SHALL BRING THESE MATTERS TO THE ATTENTION OF THE BOARD THROUGH ITS EXECUTIVE COMMITTEE. DISCLOSURE BY FACULTY AND STAFF SHALL BE MADE TO THE PRESIDENT, WHO SHALL BRING THESE MATTERS TO THE ATTENTION OF THE AD STAFF. THE BOARD OR THE AD STAFF, AS APPROPRIATE, SHALL THEN DETERMINE WHETHER A CONFLICT EXISTS AND IS MATERIAL; AND IN THE PRESENCE OF AN EXISTING MATERIAL CONFLICT, WHETHER THE CONTEMPLATED TRANSACTION MAY BE AUTHORIZED AS JUST, FAIR, AND REASONABLE AS TO PSR. THE DECISIONS OF THE BOARD AND OF THE AD STAFF ON THESE MATTERS WILL REST IN THEIR SOLE DISCRETION, AND THEIR FIRST CONCERN MUST BE THE WELFARE OF PSR. ANYONE WHO BELIEVES THAT THIS POLICY MAY NOT HAVE BEEN FOLLOWED OR MAY HAVE BEEN VIOLATED SHALL BRING THE MATTER TO THE ATTENTION OF THE BOARD CHAIR (IF PERTAINING TO A TRUSTEE) OR TO PSR'S PRESIDENT (IF PERTAINING TO A FACULTY OR STAFF MEMBER) FOR REVIEW. IF AN ALLEGED VIOLATION CONCERNS A FACULTY OR STAFF MEMBER, ANY INVESTIGATION AND DETERMINATION MUST COMPLY WITH RELEVANT PROVISIONS IN THE APPROPRIATE HANDBOOK. THE TRUSTEE EXECUTIVE COMMITTEE SHALL KEEP A RECORD OF THE POTENTIAL OR ACTUAL CONFLICTS BROUGHT TO ITS ATTENTION REGARDING MEMBERS OF THE BOARD OF TRUSTEES. THE AD STAFF SHALL KEEP A RECORD OF THE POTENTIAL OR ACTUAL CONFLICTS BROUGHT TO ITS ATTENDING REGARDING MEMBERS OF THE ADMINISTRATION, FACULTY OR STAFF. FORM 990, PART VI, SECTION B, LINE 15 INDEPENDENT MEMBERS OF THE BOARD COMPRISE THE COMPENSATION COMMITTEE. THE COMMITTEE REVIEWS COMPARABLE SALARIES AND BENEFITS BEFORE ESTABLISHING COMPENSATION FOR THE PRESIDENT. OTHER OFFICERS OR KEY EMPLOYEES: COMPARATIVE DATA IS REVIEWED PRIOR TO ESTABLISHMENT OF COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: ACTUARIAL ADJUSTMENT 39,536. PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT AND SELECTION PROCESS FOR THE AUDIT OF THE FINANCIAL STATEMENTS DURING THE TAX YEAR. CHARITABLE REMAINDER UNITRUSTS (4) CHARITABLE TRUSTS CA T 0 POOLED INCOME FUND (5) CHARITABLE TRUSTS CA T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0