2022-02-17T15:40:53-06:00 2021-06-30 363990892 Capin Crouse LLP 3050 Saturn Street Suite 104 Brea CA 92821 990 2020-07-01 951744369 Azusa Pacific University AZUS 6268156000 901 E Alosta Avenue Azusa CA 917027000 Dale Kemp Interim CFO 6268156000 2022-02-17 1 Dale Kemp 999009999 Ted R Batson Jr P00721951 5055022746 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z Dr Andrew Barton 901 E Alosta Avenue Azusa CA 917027000 290919984 0 X www.apu.edu X 1947 CA To advance the work of God in the world through academic excellence in higher education. 23 20 3979 68 72788 0 13293298 38074771 284612121 244687089 -3395043 -1227766 3567215 3167205 298077591 284701299 80167931 72147264 0 0 147940902 137761848 42500 18500 2676018 76436299 72302884 304587632 282230496 -6510041 2470803 352158662 393054985 192172775 208936989 159985887 184117996 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 224052321 72147264 235322872 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 degree, 45 master's degree, 24 certificates, 12 credentials, and 11 doctoral programs, the university offers its more than 8,000 students a quality education on campus, online, and at eight regional centers throughout Southern California. 4456780 9284445 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. 44942 6984 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. 228554043 1 1 0 1 0 0 0 1 0 1 1 0 0 1 1 0 0 1 1 0 0 0 0 1 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 11499 0 1 3979 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 23 20 1 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 X Paul Ferguson President & Trustee 40.00 1.00 X X 443359 0 102163 Mark Dickerson Adjunct Faculty 40.00 4.00 X 379951 15609 5783 David Bixby Advisor to President (Part Year) 40.00 X 293155 0 25337 John C Jennings VP- University Integrity/General Counsel 40.00 X 195915 0 62172 Alanna Cajthaml CFO-VP Of Finance & Business Strategy 40.00 X 177160 0 49855 Heather Petridis VP For Enrollment Management 40.00 X 166679 0 58566 John Thornton Chair - School of Accounting 40.00 X 187483 0 32402 Rukshan Fernando Provost 40.00 X 212251 0 5483 David Weeks Dean- Honors College 40.00 X 180274 0 33761 Robert K Welsh Dean of BAS 40.00 X 188286 0 23817 Aja Lesh Dean- School Of Nursing 40.00 X 185436 0 26587 Anita Henck Dean - School of Education 40.00 X 188949 0 17304 Stephen Johnson Dean - College of Music & Arts 40.00 X 165738 0 36999 Robert Duke Dean - APU Seminary 40.00 X 158256 0 35269 Donald Davis Vice President/CIO 40.00 X 147665 0 30430 Paola Martinez VP Human Resources 40.00 X 161031 0 9353 Corbin Hoornbeek VP Advancement 40.00 X 163051 0 4195 Larry Acosta Trustee 1.00 X 17181 0 0 David Poole Chair 1.00 X X 0 0 0 Thomas Miller Vice Chair 1.00 X X 0 0 0 Evan Collins Secretary 1.00 X X 0 0 0 Albert Tate Trustee 1.00 X 0 0 0 Ava Siwek Trustee 1.00 X 0 0 0 Cathy McIntyre Trustee 1.00 X 0 0 0 Dan Fachner Trustee 1.00 1.00 X 0 0 0 Elizabeth Maring Trustee 1.00 X 0 0 0 Greg Esgar Trustee 1.00 X 0 0 0 Kelli O'Gorman 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 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 X 0 0 0 Sally Colace Trustee 1.00 X 0 0 0 Steve Perry Trustee 1.00 X 0 0 0 Tim Stripe Trustee 1.00 X 0 0 0 3611820 15609 559476 230 0 1 0 California Newspaper Partnership PO Box 54880 Los Angeles CA 90054 Legal services 827750 Seyfarth Shaw LLP 3807 Collections Ctr Drive Chicago IL 60693 Legal and advisory services 512481 Timely Telehealth LLC 1315 S Adams Street Fort Worth TX 76104 Professional services 396911 Automatic Data Processing Inc OBE ADP Blvd MS-433 Roseland NJ 07068 Payroll services 354212 CapinCrouse LLP PO Box 117414 Atlanta GA 30368 Accounting services 289651 36 1267230 26801073 10006468 161162 38074771 Tuition & fees 611600 235322872 235322872 Other Program Revenue 611600 3333778 3333778 Auxiliary revenue 611600 3155935 3083147 72788 Inventory sales 611600 2867520 2867520 Outreach ministries 611600 6984 6984 244687089 903266 903266 579225 288055 291170 291170 291170 3670183 5685153 116062 -2014970 -116062 -2131032 -2131032 5450 1267230 129415 -123965 -123965 LAPU Shared Svcs Fee 900099 3000000 3000000 3000000 284701299 244614301 72788 1939439 72147264 72147264 2843616 620967 1993311 229338 263407 263407 105821101 94240016 10080274 1500811 601699 527701 58939 15059 20348026 12153666 7837089 357271 7883999 6746239 972808 164952 616238 616238 180752 180752 18500 18500 143062 143062 2805715 2058218 699719 47778 5964032 1324823 4600892 38317 4426677 3179251 1176182 71244 4877870 2575819 2084668 217383 10269858 7491155 2774778 3925 297048 276048 10174 10826 40728 38198 1916 614 9838244 6263244 3575000 12945546 11989311 956235 1141523 3697 1137826 Cost of Goods Sold 2631249 2567605 63644 Eletronic resources 1220394 1220394 Book purchases 352988 351654 1334 14550960 2515366 12035594 282230496 228554043 51000435 2676018 13957 20164461 21626826 780766 605833 1009833 19456532 16479888 1293580 1037243 1577188 1543799 391269773 211849832 194633401 179419941 83817445 105881054 15118729 17673614 9512900 9374784 4502271 39689602 352158662 393054985 13774207 12645282 3748485 3069177 13582701 4400420 119120766 115274777 41946616 73547333 192172775 208936989 X 89770969 95688967 70214918 88429029 159985887 184117996 352158662 393054985 X 2470803 16238921 -2002658 7425043 X 0 1 X 1 1 1 X 9518533 14895905 11632471 13293298 38074771 87414978 9518533 14895905 11632471 13293298 38074771 87414978 5741876 81673102 3851323 3530757 4154497 1674014 1482491 14693082 120237 23963 19520 3000060 3005450 6169230 108277290 1456528471 0.75430 0.70850 X Schedule A, Part II, Line 10, Explanation of Other Income: Gross Receipts from fundraising - 2016 Amount: $ 16,205. 2017 Amount: $ 23,963. 2018 Amount: $ 19,520. 2019 Amount: $ 60. 2020 Amount: $ 5,450. Other Income - 2016 Amount: $ 104,032. 2019 Amount: $ 3,000,000. 2020 Amount: $ 3,000,000. 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 4018 4018 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 76907647 1720374 23151594 1521984 100257631 79262646 668418 -673354 2350064 76907647 86913981 1927370 1812696 11391401 79262646 81435220 1076304 7373160 2970703 86913981 68714161 2163791 13294628 2737360 81435220 0.30481 0.69519 0 0 58012649 58012649 244033894 140366549 103667345 8156313 3755568 4400745 70656673 58649977 12006696 10410244 9077738 1332506 179419941 Deposits 475503 Beneficial interest in trusts 4320408 Finance lease 4177304 Operating lease 30716387 39689602 Trust Liab. Due to Others 14078108 Other Liabilities 3737012 Asset Retirement Obligations 1405319 Accrued Loss on Interest Rate Swap 17285663 Capital Lease Obligations 37041231 73547333 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. Form 990, Schedule D, Part V, Lines 2a-2c: In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its audited financial statements for the period ended 06/30/2021. To date, Schedule D has not been updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the audited financial statements as follows on Form 990, Schedule D, Part V, Lines 2a-2c: Line 2a - Without donor restrictions Line 2b - With donor restrictions Form 990, Schedule D, Part V, Column (b), Line 1b: The prior year column (b) was adjusted on Line 1b to agree to a change in the audited financial statements. 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 6/30/21, the University received Higher Education Emergency Relief Funding (HEERF) from the U.S. Department of Education. X X X X X X X 1 Crescendo Interactive Inc 110 Camino Ruiz Camarillo CA 93012 Consulting 0 0 5500 -5500 Marts & Lundy 160 Chubb Avenue Suite 303 Lyndhurst NJ 07071 Consulting 0 0 13000 -13000 18500 -18500 AK AR AZ CA CO CT DC DE FL GA HI ID IL IN IA KS KY LA ME MA MI MN MS MO MT NE NH NJ NM NV NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY Dinner Rally 1221455 1220955 500 7827 115315 APUSA Spring Event 51225 46275 4950 4000 2273 0 1272680 1267230 5450 11827 117588 129415 -123965 Schedule G, Part I, Line 2b, Column (iv) The professional fundraising services were consulting in nature. No gross receipts were directly generated from the services provided. 1 Scholarships 10928 70196264 HEERF Funds 5405 1951000 Part I, Line 2: The Student Financial Services Department maintains records to substantiate eligibility and election 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 X X 1 1 X X X X X 1 0 0 0 0 0 0 0 0 Paul Ferguson President & Trustee 434359 0 0 0 9000 0 3102 0 99100 0 545561 0 0 0 Mark Dickerson Adjunct Faculty 161502 15609 0 0 218449 0 5419 0 364 0 385734 15609 0 0 David Bixby Advisor to President (Part Year) 207343 0 0 0 85812 0 8287 0 17315 0 318757 0 0 0 John C Jennings VP- University Integrity/General Counsel 195165 0 0 0 750 0 5276 0 57802 0 258993 0 0 0 Alanna Cajthaml CFO-VP Of Finance & Business Strateg 176760 0 0 0 400 0 4705 0 46056 0 227921 0 0 0 Heather Petridis VP For Enrollment Management 165679 0 0 0 1000 0 4635 0 54362 0 225676 0 0 0 John Thornton Chair - School of Accounting 187483 0 0 0 0 0 5172 0 27683 0 220338 0 0 0 Rukshan Fernando Provost 211551 0 0 0 700 0 5483 0 607 0 218341 0 0 0 David Weeks Dean- Honors College 179634 0 0 0 640 0 5122 0 29093 0 214489 0 0 0 Robert K Welsh Dean of BAS 187046 0 0 0 1240 0 5133 0 19137 0 212556 0 0 0 Aja Lesh Dean- School Of Nursing 184436 0 0 0 1000 0 5133 0 21887 0 212456 0 0 0 Anita Henck Dean - School of Education 187949 0 0 0 1000 0 4997 0 12760 0 206706 0 0 0 Stephen Johnson Dean - College of Music & Arts 164888 0 0 0 850 0 4686 0 32748 0 203172 0 0 0 Robert Duke Dean - APU Seminary 157856 0 0 0 400 0 4556 0 31132 0 193944 0 0 0 Donald Davis Vice President/CIO 146667 0 0 0 998 0 4173 0 26639 0 178477 0 0 0 Paola Martinez VP Human Resources 160631 0 0 0 400 0 4329 0 5291 0 170651 0 0 0 Corbin Hoornbeek VP Advancement 156051 0 0 0 7000 0 4195 0 394 0 167640 0 0 0 Part I, Line 1a Personal Services: The President lives in housing provided by Azusa Pacific University. The housing is provided to the President for the convenience of the school and as a condition of employment on the business premises. The fair rental value of this housing is shown as a nontaxable benefit on Schedule J, Part II. The University maintains the residence since it is campus property. 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. Part I, Line 4a David Bixby, Advisor to President, was paid severance in the amount of $79,879.56. Mark Dickerson, Adjunct Faculty, was paid severance in the amount of $217,653.67 for his services as Counsel to the President (which ended July 2020.) 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 9835000 64975000 225000 64750000 2008 1 0 1 1 B 10320000 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 Stephen Martin Family of Dean - Theology 78378 Employment 0 Briana Pack Famiy of Dean - Nursing 97772 Employment 0 Ryan Somer Family of Trustee 87257 Employment 0 X 11 146379 Median average X Athletic equipment 1 9783 Cost X Musical instrument 2 5000 Cost 1 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 1 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 A, line 2 Vice Chair Thomas Miller and Trustee Steve Perry have a business relationship. 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. 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 VII, Column F: Compensation reported in Part VII, column D and Schedule J, Part II, column B is the amount reported on the individual's W-2, box 1 or 5 (whichever amount is greater) per the IRS instructions. In the case of minister's compensation when box 5 of the W-2 is not applicable, box 1 compensation is used. Employee deferrals to qualified retirement plans are normally captured in box 5, not box 1 of Form W-2. For reporting purposes we have included the minister's retirement plan deferrals in Part VII, column F and Schedule J, Part II, column C. Form 990, Part XI, line 9: Amortization of Asset Retirement Obligation -58,986. Change in Value of Beneficial Interest in Trusts 291,717. Change in Value of Split Interest Agreements 1,603,191. Unrealized Loss on Interest Rate Swap 5,589,121. 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 Amigos de Ejido AC C/O Jose Luis Perez Rocha Avenida Tijuana MX 22320 Real estate MX 501(c)(3) N/A 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 1 0 1 0 0 0 1 1 1 0 Amigos de Ejido AC J Los Angeles Pacific University E Los Angeles Pacific University L 184000 Invoices Los Angeles Pacific University P 79196 Invoices Los Angeles Pacific University Q 3061671 Invoices Los Angeles Pacific University R Schedule R, Part II: In order to operate under the laws in region/ or country, APU established a foreign non-governmental organization (NGO). The NGO has the same board as the filing organization and the NGO operations represent APU's operations in region/ or country under APU's Board's supervision. Per our interpretation of the Form 990 instructions and in order to file a complete and accurate return, the NGO's operations are included in the financial activity reported on this Form 990 and the NGO is reported in Schedule R, Part II as a related tax-exempt organization.