WORLD MISSION UNIVERSITY: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- WORLD MISSION UNIVERSITY (EIN 95-4230730)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2023-12-07
- IRS object ID
- 202333419349300938
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-12-07T18:06:11-05:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 470893045 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INTEGRAL CPAS & ASSOCIATES INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3130 WILSHIRE BLVD STE 309 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 900101206 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 954230730 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WORLD MISSION UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WORL | BusinessNameControlTxt |
| Phone | 2133881000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 SHATTO PL STE 600 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90020 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LIM SUNG JIN | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2133881000 | PhoneNum |
| Signature | 2023-12-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | SUNG | PersonFirstNm |
| Person Last | LIM | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SIMON LEE | PreparerPersonNm |
| PTIN | P00315834 | PTIN |
| Phone | 2133802300 | PhoneNum |
| Preparation | 2023-12-07 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | LIM SUNG JIN | PrincipalOfficerNm |
| Gross Receipts | $4,439,337 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WMU.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Activity Or Mission | WORLD MISSIN UNIVERSITY EMPOWERS PEOPLE THROUGH TRANSFORMATIONAL BIBLICAL EDUCATION TO SERVE THE CHURCH AND IMPACT THE WORLD FOR CHRIST. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 71 | TotalEmployeeCnt |
| Total Gross UBI | $241,288 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $43,855 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $290,004 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,753,281 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,791,279 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $1,916,770 | CYProgramServiceRevenueAmt |
| PY Investment Income | $565 | PYInvestmentIncomeAmt |
| CY Investment Income | $29,786 | CYInvestmentIncomeAmt |
| PY Other Revenue | $276,979 | PYOtherRevenueAmt |
| CY Other Revenue | $249,512 | CYOtherRevenueAmt |
| PY Total Revenue | $2,358,827 | PYTotalRevenueAmt |
| CY Total Revenue | $3,949,349 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,353,049 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,550,665 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $880,545 | PYOtherExpensesAmt |
| CY Other Expenses | $1,063,442 | CYOtherExpensesAmt |
| PY Total Expenses | $2,233,594 | PYTotalExpensesAmt |
| CY Total Expenses | $2,614,107 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $125,233 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,335,242 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $9,351,215 | TotalAssetsBOYAmt |
| Total Assets EOY | $10,561,416 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $2,026,029 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,900,987 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $7,325,186 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $8,660,429 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | AN EVANGELICAL EDUCATIONAL INSTITUTION, EXISTS TO EQUIP BIBLE-CENTERED, MISSION-MINDED LAEDERS FOR THE CHURCH AND THE WORLD. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $1,228,080 | ExpenseAmt |
| Desc | WORLD MISSION UNIVERSITY OFFERS RELIGIOUS STUDY PROGRAMS AS A POST SECONDARY EDUCATION INSTITUTION. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $64,632 | ExpenseAmt |
| Desc | WORLD MISSION UNIVERSITY OFFERS RELIGIOUS STUDY PROGRAMS AS A POST SECONDARY EDUCATION INSTITUTION. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $64,632 | TotalOtherProgSrvcExpenseAmt |
| Total Program Service Expenses | $1,292,712 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 5 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | false | BackupWthldComplianceInd |
| Employee | 71 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | false | ConflictOfInterestPolicyInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | INTEGRAL CPAS ASSOCIATES INC | PersonNm |
| Phone | 2133802300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3130 WILSHIRE BLVD STE 309 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90010 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| LIM SUNG JIN | ||||||
| PRESIDENT | 40.00 | Yes (X) | Yes (X) | $72,700 | $0 | $0 |
| YOON SUNG HWAN | ||||||
| BOARD MEMBER | Yes (X) | $0 | $0 | $0 | ||
| YOON KYUNG HO | ||||||
| BOARD MEMBER | Yes (X) | $0 | $0 | $0 | ||
| JUNG SUNG KIL | ||||||
| BOARD MEMBER | Yes (X) | $0 | $0 | $0 | ||
| CHOI HAROLD | ||||||
| BOARD MEMBER | Yes (X) | $0 | $0 | $0 | ||
| HWANG JAE KIL | ||||||
| BOARD MEMBER | Yes (X) | $0 | $0 | $0 | ||
| CHOI HOWARD | ||||||
| BOARD MEMBER | Yes (X) | $0 | $0 | $0 | ||
| KIM THOMAS | ||||||
| BOARD MEMBER | Yes (X) | $0 | $0 | $0 | ||
| LEE SANG MI | ||||||
| BOARD MEMBER | Yes (X) | $0 | $0 | $0 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $72,700 | TotalReportableCompFromOrgAmt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Membership Dues | $21,850 | MembershipDuesAmt |
| All Other Contributions | $1,731,431 | AllOtherContributionsAmt |
| Total Contributions | $1,753,281 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| TUITION AND FEES | $2,104,473 | $2,104,473 |
| FINANCIAL AID AWARDS | $486,019 | $486,019 |
| LESS: SCHOLARSHIPS | -$73,305 | -$73,305 |
| LESS: DISCOUNTS | -$600,417 | -$600,417 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $1,916,770 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $29,786 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $29,786 | RelatedOrExemptFuncIncomeAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $731,276 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $489,988 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $241,288 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $241,288 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $241,288 | UnrelatedBusinessRevenueAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER MISCELLANEOUS INCOME | Desc |
| Total Revenue Column | $8,224 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $8,224 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $8,224 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,949,349 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,954,780 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $241,288 | UnrelatedBusinessRevenueAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,428,443 | TotalAmt |
| Program Services | $840,062 | ProgramServicesAmt |
| Management And General | $588,381 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,732 | TotalAmt |
| Program Services | $24,732 | ProgramServicesAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $97,490 | TotalAmt |
| Program Services | $54,572 | ProgramServicesAmt |
| Management And General | $42,918 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,675 | TotalAmt |
| Management And General | $52,675 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $58,272 | TotalAmt |
| Management And General | $58,272 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $196,677 | TotalAmt |
| Management And General | $196,677 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,267 | TotalAmt |
| Program Services | $1,267 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,038 | TotalAmt |
| Management And General | $28,038 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $153,886 | TotalAmt |
| Program Services | $64,632 | ProgramServicesAmt |
| Management And General | $89,254 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,635 | TotalAmt |
| Management And General | $50,635 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| ACCREDITATION REALTED EXP | $107,978 | $107,978 | |
| PROPERTY TAX | $98,424 | $98,424 | |
| STUDENT SERVICES | $89,023 | $89,023 | |
| CONTRIBUTIONS | $78,814 | $78,814 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $147,753 | TotalAmt |
| Program Services | $110,446 | ProgramServicesAmt |
| Management And General | $37,307 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,614,107 | TotalAmt |
| Program Services | $1,292,712 | ProgramServicesAmt |
| Management And General | $1,321,395 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,143,513 | BOYAmt |
| EOY | $1,468,169 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,327,026 | BOYAmt |
| EOY | $3,355,932 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $143,642 | BOYAmt |
| EOY | $67,184 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,266 | BOYAmt |
| EOY | $66,946 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $8,504,765 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,905,770 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,662,208 | BOYAmt |
| EOY | $5,598,995 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,060 | BOYAmt |
| EOY | $2,590 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,500 | BOYAmt |
| EOY | $1,600 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,351,215 | BOYAmt |
| EOY | $10,561,416 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,087 | BOYAmt |
| EOY | $39,484 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $265,306 | BOYAmt |
| EOY | $227,158 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,709,636 | BOYAmt |
| EOY | $1,634,345 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,026,029 | BOYAmt |
| EOY | $1,900,987 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,325,186 | BOYAmt |
| EOY | $8,660,429 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,325,186 | BOYAmt |
| EOY | $8,660,429 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,351,215 | BOYAmt |
| EOY | $10,561,416 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $1,335,242 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $1 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | false | FSAuditedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,304,000 | OtherCostOrOtherBasisAmt |
| Book Value | $3,304,000 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,857,797 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,449,000 | DepreciationAmt |
| Book Value | $1,408,797 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,342,968 | OtherCostOrOtherBasisAmt |
| Book Value | $2,342,968 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $7,055,765 | TotalBookValueLandBuildingsAmt |
| Federal Income Tax Liability | $27,597 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| NOTE PAYABLE | $1,417,627 |
| OTHER PAYABLES | $189,121 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,634,345 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $3,949,349 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $3,949,349 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $3,949,349 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $2,621,968 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $7,861 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $7,861 | ExpensesNotReportedAmt |
| Expenses Subtotal | $2,614,107 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $2,614,107 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE D, PAGE 4, PART XII, LINE 2D | FormAndLineReferenceDesc |
| Explanation | BOOK / TAX DEPRECIATION DIFFERENCE 7,861 | ExplanationTxt |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE E, LINE 6 | FormAndLineReferenceDesc |
| Explanation | WORLD MISSION UNIVERSITY RECEIVED TITLE IV FINANCIAL AID FOR STUDENTS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III | LINE 4D - DEPRECIATION FOR PROGRAM SERVICE PORTION: 64,632 |
| FORM 990, PAGE 2, PART III, LINE 4D | WORLD MISSION UNIVERSITY OFFERS RELIGIOUS STUDY PROGRAMS AS A POST SECONDARY EDUCATION INSTITUTION. |
| FORM 990, PAGE 6, PART VI, LINE 11B | WAS CONDUCTED. |
| FORM 990, PAGE 6, PART VI, LINE 19 | UPON REQUEST. |
| FORM 990, PART XI | ROUNDING: 1 |
| FORM 990, PART XI, LINE 9 | BOOK / TAX DEPRECIATION DIFFERENCE -7,861 |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | WE WOULD LIKE TO REQUEST AN ABATEMENT OF LATE FILING PENALTIES BY THE REASON BASED ON A LACK OF KNOWLEDGE OF SECTION 7508A. PLEASE CONSIDER BELOW FACTS ESTABLISHING REASONABLE CAUSE. A LACK OF KNOWLEDGE: WE CONFUSED DUE DATE OF FILING AN INFORMATION RETURN FOR THE NON-PROFIT ORGANIZATION WHICH HAS FISCAL YEAR ENDED JUNE 30, 2023, SINCE IRS REGULATION UNDER SECTION 7508A PERMITTED AN AUTOMATIC 6 MONTHS POSTPONEMENT OF FILING TAX RETURNS TO THE STATE OF CALIFORNIA FOR THE TAX PERIOD INCLUDING THE PARTIAL YEAR OF 2022. BECAUSE OF THE LACK OF KNOWLEDGE, WE MISAPPREHENDED THAT THE DUE DATE OF FILING THE TAX RETURN DURING THE PERIOD OF 07.01.2022-06.30.2023 WAS AUTOMATICALLY EXTENDED TO MAY 15, 2024. WE HAD FILED TAX RETURNS ON TIME FOR THE PAST MORE THAN 3 YEARS AS WELL AS WE DO NOT HAVE ANY OUTSTANDING TAX RETURN WITH TAX DUE BALANCE. WE HAVE NEEDED LOTS OF TIME TO GATHER FINANCIAL DATA AND COMPLETE THE FILING REQUIREMENT BECAUSE THE ORGANIZATION IS SMALL-SCALE. AND WE WILL KEEP MAKING OUR | ExplanationTxt |
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