2023-04-03T12:28:10-05:00 2022-06-30 363990892 Capin Crouse LLP 3200 Guasti Road Suite 230 Ontario CA 91761 990 2021-07-01 951744369 Azusa Pacific University AZUS 6268156000 901 E Alosta Avenue Azusa CA 917027000 Aaron Dahlke VP of Finance & Admin./CFO 6268156000 2023-04-03 1 Aaron Dahlke 999009999 Ted R Batson Jr P00721951 5055022746 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z Adam Morris 901 E Alosta Avenue Azusa CA 917027000 278917681 0 X www.apu.edu X 1947 CA To advance the work of God in the world through academic excellence in higher education. 17 17 3758 27 212519 0 38074771 27331598 244687089 242368032 -1227766 1444105 3167205 2000285 284701299 273144020 72147264 74341207 0 0 137761848 129074985 18500 0 8459016 72302884 70676521 282230496 274092713 2470803 -948693 393054985 364665569 208936989 189486180 184117996 175179389 APU is an evangelical Christian community of disciples and scholars who seek to advance the work of God through academic excellence in liberal arts and professional programs of higher education that encourage development of a Christian perspective of truth and life. 0 0 211311495 74314526 214816716 Tuition & Fees:Azusa Pacific University is an evangelical Christian community of disciples and scholars who seek to advance the work of God in the world through academic excellence in liberal arts and professional programs of higher education that encourage students to develop a Christian perspective of truth and life. With 61 bachelor's degrees, 45 master's degrees, 24 certificates, 12 credentials, and 8 doctoral programs, the university offers its more than 10,000 students a quality education on campus, online, and at seven regional centers throughout Southern California. 15599053 28741066 Auxiliary Enterprises & Other Program Revenue: The University provides, in addition to quality instruction, student life programs, facilities for the students, and activities to further promote the educational experience of students at the University. 250687 26681 97731 Outreach Ministries:Outreach Ministries help the University fulfill its mission of advancing the work of God in the world and encouraging students to develop a Christian perspective of truth and life. The Institute for Outreach Ministries facilitates trips to other countries. 227161235 1 1 0 1 0 0 0 1 0 1 1 0 0 1 1 0 0 1 1 0 1 1 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 1 1 1 0 0 1 10731 0 1 3758 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 AK CO DC NV WA CA X Dayana Duarte 6268156000 901 East Alosta Avenue Azusa CA 91702 Paul Ferguson President & Trustee (Part Year) 40.00 1.00 X X 358460 0 23876 Chris Jennings VP, General Counsel (Part Year) 40.00 X 223844 0 27298 Rukshan Fernando Provost 40.00 X 234520 0 1534 John Thornton Chair - School of Accounting 40.00 X 186185 0 24114 David Weeks Dean- Honors College 40.00 X 184311 0 19515 Aja Lesh Dean- School Of Nursing 40.00 X 184166 0 19435 Andrew Barton VP and Interim President 40.00 1.00 X 178622 0 24221 Anita Henck Dean - School of Education 40.00 X 189694 0 11950 Rachel Castaneda Professor 40.00 X 172817 0 24114 Stephen Johnson Dean - College of Music & Arts 40.00 X 164631 0 31298 Robert Welsh Dean of BAS 40.00 X 177951 0 16686 Stanton Todd Emerson Doctor, Student Health Center 40.00 X 165043 0 26114 Heather Petridis VP For Enrollment Management (Part Year) 40.00 X 164687 0 23721 Aurora Matzke Associate Provost 40.00 X 186492 0 0 Robert Duke Dean - APU Seminary 40.00 X 155664 0 28961 Roxanne Helm-Stevens Interim Dean, School of Business & Mgmt 40.00 X 175142 0 9419 Paola Martinez VP Human Resources 40.00 X 175871 0 6124 Corbin Hoornbeek VP Advancement 40.00 X 166485 0 5793 Donald Davis Vice President/CIO 40.00 X 149152 0 22421 Alanna Cajthaml CFO-VP Of Finance & Business Strategy (Part Year) 40.00 X 158499 0 10681 Thomas Miller Chair 1.00 X X 0 0 0 Albert Tate Vice Chair 1.00 X X 0 0 0 Ava Siwek Trustee (Part Year) 1.00 X 0 0 0 Cathy McIntyre Trustee 1.00 X 0 0 0 Evan Collins Trustee (Part Year) 1.00 X 0 0 0 Greg Esgar Trustee (Part Year) 1.00 X 0 0 0 Jesus Arriaga Trustee 1.00 X 0 0 0 Kelli O'Gorman Trustee 1.00 X 0 0 0 Larry Acosta Trustee 1.00 X 0 0 0 Larry Walkemeyer Trustee 1.00 X 0 0 0 Lindsey Rehfeld Trustee 1.00 X 0 0 0 Lucie Moore Trustee 1.00 X 0 0 0 Lynette Ilertsen Trustee 1.00 X 0 0 0 Matthews Chacko Trustee 1.00 X 0 0 0 Ray Johnston Trustee 1.00 X 0 0 0 Rich Link Trustee 1.00 X 0 0 0 Rishi Sriram Trustee 1.00 X 0 0 0 Rob Tiede Trustee 1.00 1.00 X 0 0 0 Sally Colace Trustee 1.00 X 0 0 0 Tim Stripe Trustee 1.00 X 0 0 0 3752236 0 357275 211 0 1 0 Bon Appetit PO Box 50196 Los Angeles CA 90074 Dining services 2440923 Educationdynamics LLC PO Box 780276 Philadelphia PA 19178 Marketing serivces 1359199 Media Eye Inc 1223 Wilshire Blvd Santa Monica CA 90403 Marketing serivces 1035749 SCELC PO Box 29007 Glendale CA 91209 Software for Electric Library 920713 Oracle America Inc PO Box 44471 San Francisco CA 94144 Oracle Database Software 776940 37 999890 15227849 11103859 6079711 27331598 Tuition & fees 611310 214816716 214816716 Auxiliary revenue 611310 18287406 18074887 212519 Other program revenue 611310 5231978 5231978 Inventory sales 611310 3934201 3934201 Outreach ministries 611310 97731 97731 242368032 1400578 1400578 817598 267747 549851 549851 549851 5496415 5452888 43527 43527 43527 3460 999890 53026 -49566 -49566 LAPU Shared Svcs Fee 900099 1500000 1500000 1500000 273144020 243655513 212519 1944390 74314526 74314526 26681 26681 2930490 805830 1859706 264954 179059 179059 102518770 92118760 8714118 1685892 125299 125299 15958236 1643727 14288741 25768 7363131 6509912 719737 133482 385678 12000 373678 229378 229378 224057 224057 4002164 2376328 1509418 116418 5623448 5261632 326668 35148 4224846 3484312 605995 134539 4794496 1631676 2809864 352956 8390335 8365966 24369 2112640 2022202 47852 42586 101733 91899 6939 2895 9795971 6058572 3737399 12370909 11457232 913677 1963462 1963462 Cost of Goods Sold 6784118 6767772 16346 O/C Tuition Costs 204400 204400 Book purchases 155668 155540 128 9313218 3673209 5640009 274092713 227161235 38472462 8459016 20164461 11629013 780766 521025 1009833 2030467 16479888 13370937 1037243 832050 1543799 1295624 386547116 204417743 179419941 182129373 105881054 91050777 17673614 16958427 9374784 9027592 39689602 35820284 393054985 364665569 12645282 9570048 3069177 2367507 4400420 5732894 115274777 111301043 1175010 73547333 59339678 208936989 189486180 X 95688967 90406661 88429029 84772728 184117996 175179389 393054985 364665569 X -948693 -13704468 5714554 X 0 1 X 1 1 1 X 14895905 11632471 13293298 38074771 27331598 105228043 14895905 11632471 13293298 38074771 27331598 105228043 6972442 98255601 3530757 4154497 1674014 1482491 2218176 13059935 3000000 3000000 1500000 7500000 125787978 1393472453 0.78110 0.75430 X Schedule A, Part II, Line 10, Explanation of Other Income: Other Income - 2019 Amount: $ 3,000,000. 2020 Amount: $ 3,000,000. 2021 Amount: $ 1,500,000. Schedule A, Part II: The organization is a school as described under 170(b)(1)(A)(ii) and is not required to complete a public support schedule. Schedule A, Part II is completed to verify the School can qualify under public charity status section 170(b)(1)(A)(vi) and qualifies to use the first listed special rule for Schedule B reporting. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 4016 4016 0 Part II-B, Line 1: Azusa Pacific University pays annual membership dues to the Association of Independent California Colleges and Universitites (AICCU.) A portion of those dues are used for lobbying purposes. 3289905 X X X 0 100257631 928699 -8445253 3279691 89461386 76907647 1720374 23151594 1521984 100257631 79262646 668418 -673354 2350064 76907647 86913981 1927370 1812696 11391401 79262646 81435220 1076304 7373160 2970703 86913981 0.30040 0.69960 0 0 12953746 54663289 67617035 222135094 125946146 96188948 8083806 6064959 2018847 72235521 65890922 6344599 16475660 6515716 9959944 182129373 Deposits 426130 Beneficial interest in trusts 4394058 Finance lease 2160714 Operating lease 28839382 35820284 Trust Liab. Due to Others 12865142 Other Liabilities 2106510 Asset Retirement Obligations 1466374 Accrued Loss on Interest Rate Swap 9591560 Capital Lease Obligations 33310092 59339678 Part III, Line 4: The University's Special Collections includes five original Dead Sea Scroll fragments, a collection of rare Biblical antiquities, presidential signatures, rare clocks, rare manuscripts, and books held for public exhibition, scholarly research, preservation for future generations, and educational learning purposes. Part V, Line 4: Primarily scholarships. 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 University Undergraduate and Graduate Catalogues state that "Azusa Pacific University, in accordance with applicable federal and state laws and university policies, does not discriminate on the basis of race, color, national origin, sex, age, disability, medical status, or status as a veteran. The university also prohibits sexual harassment. This nondiscrimination policy covers admission, access, operation of university programs and activities, and employment. This policy is in accordance with Titles VI and VII of the Civil Rights Act of 1964, as amended; Title IX of the Educational Amendments of 1972; the Americans with Disabilities Act; and Section 504 of the Rehabilitation Act of 1973". The University currently enrolls students of racial minority groups in meaningful numbers consistent with the publicity exception found in Rev. Proc. 75-50 section 4.03(2)(b). Schedule E, Part I, Line 6 The University receives student financial aid awards from the U.S. Department of Education and the Californnia Student Aid Commission. In FYE 6/30/22, the University received Higher Education Emergency Relief Funding (HEERF) from the U.S. Department of Education. 1 North America 0 0 Grants paid to recipients 26681 0 0 0 0 0 0 26681 0 26681 North America Supporting foreign missions and study abroad 26681 0 1 0 0 0 0 0 1 0 Part I, Line 2: The primary use of the grants is for academic programs which are reviewed on a periodic basis by the Undergraduate Provost and Associate Dean. The grants also cover the cost of room and board. Part I, line 3: Foreign expenditures are tracked in accordance with the accrual basis of accounting using expense reports, receipts, and other appropriate documentation. Part III Accounting Method: Dinner Rally 948343 946483 1860 30303 10513 APUSA Spring Event 55007 53407 1600 4812 5126 2272 0 1003350 999890 3460 30303 15325 5126 2272 53026 -49566 1 Scholarships 10163 67942983 HEERF Funds 1772 6371543 Part I, Line 2: The Student Financial Services Department maintains records to substantiate eligibility and selection criteria for students receiving awards and scholarships. Departments maintain records of selection criteria and eligibility for recipients of stipends and other awards. All payments are uploaded to their respective categories. The business office reconciles accounts and prepares departmental and grantor reports. Awards are applied directly to student accounts and no cash changes hands. X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 Paul Ferguson President & Trustee (Part Year) 350960 0 0 0 7500 0 0 0 24764 0 383224 0 0 0 Chris Jennings VP, General Counsel (Part Year) 223844 0 0 0 0 0 0 0 27751 0 251595 0 0 0 Rukshan Fernando Provost 234520 0 0 0 0 0 0 0 1838 0 236358 0 0 0 John Thornton Chair - School of Accounting 186185 0 0 0 0 0 0 0 24567 0 210752 0 0 0 David Weeks Dean- Honors College 184311 0 0 0 0 0 0 0 19968 0 204279 0 0 0 Aja Lesh Dean- School Of Nursing 184166 0 0 0 0 0 0 0 19888 0 204054 0 0 0 Andrew Barton VP and Interim President 177764 0 0 0 858 0 0 0 24680 0 203302 0 0 0 Anita Henck Dean - School of Education 189694 0 0 0 0 0 0 0 12403 0 202097 0 0 0 Rachel Castaneda Professor 172817 0 0 0 0 0 0 0 24469 0 197286 0 0 0 Stephen Johnson Dean - College of Music & Arts 164631 0 0 0 0 0 0 0 31734 0 196365 0 0 0 Robert Welsh Dean of BAS 177951 0 0 0 0 0 0 0 17139 0 195090 0 0 0 Stanton Todd Emerson Doctor, Student Health Center 165043 0 0 0 0 0 0 0 26543 0 191586 0 0 0 Heather Petridis VP For Enrollment Management (Part Y 164687 0 0 0 0 0 0 0 24152 0 188839 0 0 0 Aurora Matzke Associate Provost 186492 0 0 0 0 0 0 0 0 0 186492 0 0 0 Robert Duke Dean - APU Seminary 155664 0 0 0 0 0 0 0 29382 0 185046 0 0 0 Roxanne Helm-Stevens Interim Dean, School of Business & M 175142 0 0 0 0 0 0 0 9727 0 184869 0 0 0 Paola Martinez VP Human Resources 175871 0 0 0 0 0 0 0 6391 0 182262 0 0 0 Corbin Hoornbeek VP Advancement 160485 0 0 0 6000 0 0 0 6187 0 172672 0 0 0 Donald Davis Vice President/CIO 149152 0 0 0 0 0 0 0 22802 0 171954 0 0 0 Alanna Cajthaml CFO-VP Of Finance & Business Strateg 158499 0 0 0 0 0 0 0 10720 0 169219 0 0 0 Part I, Line 1a First Class Travel: The governing board has specifically authorized this and recognizes it as necessary and for bona fide business purpose. Those who received this benefit include the President, Executive Vice President, and any others approved by the President, Executive Vice President, and Provost. Travel for companions: Spousal travel approved for major donor events/ visits which are bona fide business travel authorized by board chair for the President, and by President for other highly compensated employees. Those who received this benefit include the President's spouse, Executive Vice President's spouse, and any others as approved by the President, Executive Vice President, and Provost. A California Municipal Finance Authority 201563466 13048TTT0 2015-04-09 64975000 Refund 4/5/11 Bond 0 0 0 B California Municipal Finance Authority 201563466 13048TTS2 2015-04-09 72659749 Refund 4/5/11 Bond 0 0 0 A 11770000 64975000 225000 64750000 2008 1 0 1 1 B 12160000 72659749 717631 71942118 2008 1 1 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 1 1 Wells Fargo Bank NA 28.000000000000 1 0 0 0 1 B 0 0 1 0 0 0 0 0 1 A 1 B 1 Briana Pack Famiy of Dean - School of Nursing 94282 Wages and benefits 0 Stephen Martin Family of Dean - APU Seminary 84727 Wages and benefits 0 X 13 158355 Median value X 1 5919807 Appraisal X 1 1000 Cost X Sports equipment 1 549 Cost 0 0 1 0 Part I, Column (b): The number of contributions represent the number of contributions received, not the number of items donated. Form 990, Part VI, Section A, line 1a The governing body has delegated broad authority to the Executive Committee. The Executive Committee is composed of the Board Chair, Vice Chair, Secretary, and President, as well as 6 Trustees. The scope of the Executive Committee's authority may be found in the bylaws of APU. The bylaws state that, "The Executive Committee, to the extent provided in the Bylaws, shall have all the authority of the Board, except (a) The approval of any action for which the California Nonprofit Corporation Law also requires approval of the members or approval of a majority of all members; (b) The filling of vacancies on the Board or in any committee which has the authority of the Board; (c) The amendment or repeal of Bylaws or the adoption of the new Bylaws; (d) The amendment or repeal of any resolution of the Board, which by its express terms is not so amendable or repealable; (e) The appointment of Committees of the Board or the members thereof." All members of the Executive Committee are also members of the Board of Trustees Form 990, Part VI, Section B, line 11b Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's top management. The reviewed Form 990 is then forwarded to the Board of Directors (with donor names and addresses redacted) for Board review prior to filing. Form 990, Part VI, Section B, line 12c Annually, the Office of the General Counsel has all trustees, officers, and other key employees complete a conflict of interest questionnaire and the General Counsel addresses any disclosed conflicts of interest pursuant to the processes set forth in the University's Policy on Conflicts of Interest. If potential or actual conflicts are identified, they are analyzed by the University's General Counsel. The General Counsel advises the appropriate committee or the board on how to resolve the conflict. Form 990, Part VI, Section B, line 15 Any changes to the compensation of the University's President and executive officers is approved by the Board of Trustees based on market survey data. Periodically, the University retains the services of an independent compensation consultant to review the compensation of the CEO and executive officers and to report to the Board of Trustees. The compensation of other key employees is reviewed and approved by the executive officer or administrator to whom they report. The process and decisions are recorded for all compensated officers, trustees, and key employees. Form 990, Part VI, Section C, line 19 The governing documents, conflict of interest policy, and financial statements are available upon request. Form 990, Part XI, line 9: Amortization of Asset Retirement Obligation -61,055. Change in Value of Beneficial Interest in Trusts 73,650. Change in Value of Split Interest Agreements -1,538,357. Unrealized Loss on Interest Rate Swap 7,694,103. Non-recurring activities -453,787. Azusa Pacific Holdings LLC 2575 E Camelback Road Phoenix AZ 85016 Real estate AZ 0 400000 Azusa Pacific University Los Angeles Pacific University 901 E Alosta Avenue Azusa CA 91702 364682140 Online higher education CA 501(c)(3) Line 2 Azusa Pacific University 1 Azusa Ensenada S de RL de CV C/O Jose Luis Perez Rocha Avenida Tijuana MX 22320 Real estate MX Azusa Pacific University Investment 0 0 Azusa Pacific Mexicali C/O Jose Luis Perez Rocha Avenida Tijuana MX 22320 Real estate MX N/A Investment 0 0 Charitable Remainder Trusts (47) Hold assets and remit income to the University CA Azusa Pacific University 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 Los Angeles Pacific University P 59913 Los Angeles Pacific University Q Los Angeles Pacific University R Los Angeles Pacific University S 1686415 Los Angeles Pacific University E