2023-05-13T08:58:37-05:00 2022-06-30 390859910 BAKER TILLY US LLP 777 E WISCONSIN AVENUE FLOOR 32 MILWAUKEE WI 53202 990 2021-07-01 941186179 PACIFIC SCHOOL OF RELIGION PACI 5108480528 1798 SCENIC AVE BERKELEY CA 94709 NATASHA LEE VP FOR FINANCE AND ADMIN 5108480528 2023-05-12 1 NATASHA LEE XXX-XX-XXXX TROY E MARINE CPA P00187863 4147775500 2023-05-09 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z DAVID VASQUEZ-LEVY 1798 SCENIC AVE BERKELEY CA 94709 36829024 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 83 16 0 0 2130923 1081145 1818584 2032388 10436224 20831641 165745 936745 14551476 24881919 449163 286793 0 0 3705000 3757080 0 0 353867 3719191 3371817 7873354 7415690 6678122 17466229 61808441 62520074 6484757 4560071 55323684 57960003 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 2289626 286793 1064869 INSTRUCTION: THE PACIFIC SCHOOL OF RELIGION 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 48 STUDENTS STUDYING FOR THE MASTER OF DIVINITY DEGREE, 18 STUDENTS STUDYING FOR OTHER MASTER'S DEGREES AND 35 STUDENTS STUDYING FOR A DOCTOR OF MINISTRY DEGREE. STUDENTS ENROLLED FOR INSTRUCTION AT THE SCHOOL RECEIVE PERSONALIZED DIRECTION AND ATTENTION FROM A RENOWNED FACULTY. 643522 967519 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. 1916084 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. 19505 GENERAL INSTITUTIONAL SUPPORT. 19505 4849232 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 83 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 136381 0 108607 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 BOARD OF TRUSTEES 5.00 X 0 0 0 CATHERINE PIEZ BOARD OF TRUSTEES 5.00 X 0 0 0 CONNIE MITCHELL BOARD OF TRUSTEES 5.00 X 0 0 0 CYNTHIA SCHERR BOARD OF TRUSTEES 5.00 X 0 0 0 DEBORAH ALVAREZ-RODRIGUEZ BOARD OF TRUSTEES 5.00 X 0 0 0 JENNIFER MARTINEZ BOARD OF TRUSTEES 5.00 X 0 0 0 MARK JACOBSEN BOARD OF TRUSTEES 5.00 X 0 0 0 MARSHA FOSTER BOYD BOARD OF TRUSTEES 5.00 X 0 0 0 SANDRA NATHAN BOARD OF TRUSTEES 5.00 X 0 0 0 STANLEY WATSON BOARD OF TRUSTEES 5.00 X 0 0 0 VERIL PHILLIPS BOARD OF TRUSTEES 5.00 X 0 0 0 WARNER BROWN BOARD OF TRUSTEES 5.00 X 0 0 0 JEFFREY FISCHER-SMITH CHIEF ADVANCEMENT OFFICER (THROUGH 01/2022) 37.00 X 141233 0 35351 SUSAN ABRAHAM VICE PRESIDENT FOR ACADEMIC AFFAIRS AND DEAN 37.00 X 141282 0 22898 NATASHA LEE VP FOR FINANCE AND ADMINISTRATION 37.00 X 129606 0 25276 ANDREA VECCHIONE ED OF DEVELOPMENT & STRATEGIC PARTNER 37.00 X 0 0 0 MURRY EVANS VP FOR MARKETING AND ENROLLMENT 37.00 X 0 0 0 BYRON CHUNG EXECUTIVE DIRECTOR OF IGNITE 37.00 X 177563 0 12942 BERNARD SCHLAGER DIRECTOR OF THE CENTER FOR LESBIAN & GAY STUDIES 37.00 X 137277 0 38465 863342 0 243539 6 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 76744 1004401 1081145 TUITION AND FEES 611710 1064869 1064869 AUXILIARY ENTERPRISES 611710 967519 967519 2032388 1325089 1325089 917240 0 917240 917240 917240 12525567 18928090 11947105 0 578462 18928090 19506552 19506552 OTHER SUPPORT/MISC. INCOME 611710 19505 19505 19505 24881919 2051893 0 21748881 286793 286793 863340 618748 164499 80093 2038426 1527353 373799 137274 180098 131991 37486 10621 481670 354755 88817 38098 193546 141242 39628 12676 655808 508842 103310 43656 11367 11367 340070 340070 259741 259741 1094776 723219 341162 30395 109071 109071 364360 262340 102020 95501 47877 46570 1054 62546 62546 378577 246072 132505 7415690 4849232 2212591 353867 1991440 10498954 1963254 1057404 153384 155686 87203 152291 140652 125131 166161 362180 11378063 6915589 5181637 4462474 49586823 43556562 375000 375000 2162887 1774392 61808441 62520074 1081028 560043 164297 209556 781162 0 4458270 3790472 6484757 4560071 X 10674660 23734860 44649024 34225143 55323684 57960003 61808441 62520074 X 17466229 -13760727 -1069183 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5002 X DISPLAY AND EDUCATIONAL 0 51895495 6106584 -12116919 0 1735713 44149447 43745060 8229 12243116 2416264 1684646 51895495 42917099 4314787 -190886 1673375 1622565 43745060 43583058 620413 449812 732135 1004049 42917099 42458912 754882 2045197 706728 969205 43583058 0.16000 0.67000 0.17000 0 0 173642 173642 3699961 3410038 289923 6544040 2814688 3729352 960420 690863 269557 4462474 ASSET RETIREMENT OBLIGATIONS 333561 LIABILITIES TO BENEFICIARIES OF SPLIT-INTEREST AGREEMENTS 1190854 DEFERRED LEASE LIABILITIES 2266057 3790472 X 9505475 -13760727 -1069183 -14829910 24335385 259741 286793 546534 24881919 6869156 0 6869156 259741 286793 546534 7415690 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, 2022 AND 2021. THE SCHOOL'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: ACTUARIAL ADJUSTMENT -113,277. IMPAIRMENT OF CONSTRUCTION IN PROGRESS -955,906. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 286,793. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 286,793. 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 286793 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 X 0 0 0 0 0 0 0 0 0 DAVID VASQUEZ LEVY PRESIDENT 136381 0 0 0 0 0 13608 0 94999 0 244988 0 0 0 BYRON CHUNG EXECUTIVE DIRECTOR OF IGNITE 177563 0 0 0 0 0 12250 0 692 0 190505 0 0 0 JEFFREY FISCHER-SMITH CHIEF ADVANCEMENT OFFICER (THROUGH 01/2022 141233 0 0 0 0 0 10150 0 25201 0 176584 0 0 0 BERNARD SCHLAGER DIRECTOR OF THE CENTER FOR LESBIAN & GAY STUDIES 137277 0 0 0 0 0 8341 0 30124 0 175742 0 0 0 SUSAN ABRAHAM VICE PRESIDENT FOR ACADEMIC AFFAIRS 141282 0 0 0 0 0 9579 0 13319 0 164180 0 0 0 NATASHA LEE VP FOR FINANCE AND ADMINISTRATION 129606 0 0 0 0 0 8750 0 16526 0 154882 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. FORM 990, PART VI, SECTION B, LINE 11B WE WILL PROVIDE A COPY OF THE 2020 AND 2021 REPORT TO THE BOARD AT ITS MEETING IN MAY 2023. 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. 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 -113,277. IMPAIRMENT OF CONSTRUCTION IN PROGRESS -955,906. 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