2022-04-14T12:18:30-05:00 2021-05-31 363990892 Capin Crouse LLP 3050 Saturn Street Suite 104 Brea CA 92821 990 2020-06-01 951916051 Hope International University HOPE 7148793901 2500 E Nutwood Ave Fullerton CA 92831 Thomas McGlinchey VP for Business and Finance 7148793901 2022-04-14 1 Thomas McGlinchey 999009999 Ted R Batson Jr P00721951 5055022746 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z Paul Alexander 2500 E Nutwood Ave Fullerton CA 92831 29540106 0 X www.hiu.edu X 1928 CA Empowering students through Christian higher education to serve the Church & world for Christ. 12 12 596 30 231105 144070 3365990 4545353 26274357 24179281 303787 46384 -190556 25856 29753578 28796874 9542094 9321223 0 0 13795858 11932049 0 0 605577 9985152 8166702 33323104 29419974 -3569526 -623100 35581278 37606706 23912528 25547511 11668750 12059195 X The mission of Hope International University is to empower students through Christian higher education to serve the church and impact the world for Christ. The University specializes in fields offering significant influence on society (e.g., business, education, health sciences, social sciences, and ministry). Hope stresses practical scholarship, servant leadership, and community service. 0 0 23091542 9321223 23948176 Hope International University is an independent, comprehensive institution of higher learning offering undergraduate and graduate degrees. The University maintains a close affiliation with independent non-denominational Christian Churches and Churches of Christ. Founded in 1928, HIU has expanded its educational offerings to include degree programs through five colleges. In 2020, HIU served 1,530 undergraduate and graduate students in degree and certificate programs provided both on-ground and online through the campus in Southern California. 23091542 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 0 0 1 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 1556 0 1 596 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X Thomas McGlinchey 7148793901 2500 E Nutwood Ave Fullerton CA 92831 X Mullins William Chairman 0.50 X X 0 0 0 Rowe Don Vice Chair 0.50 X X 0 0 0 Puckett Charles Secretary/Treasurer 0.50 X X 0 0 0 Baird Jan Board of Trustees Member 0.50 X 0 0 0 Clausen Christine Board of Trustees Member 0.50 X 0 0 0 Harrison Michael Board of Trustees Member 0.50 X 0 0 0 Jernigan Jeremy Board of Trustees Member 0.50 X 0 0 0 Elliott Glen Board of Trustees Member 0.50 X 0 0 0 Martin Scott Board of Trustees Member 0.50 X 0 0 0 Sherman Drew Board of Trustees Member 0.50 X 0 0 0 Templeton Bruce Board of Trustees Member 0.50 X 0 0 0 Yurek Thaddeus Board of Trustees Member 0.50 X 0 0 0 Alexander Paul President 40.00 X 188016 0 76599 McGlinchey Thomas VP for Business & Finance 40.00 X 174205 0 17413 Mulryan Michael VP for Institutional Adv. 40.00 X 137250 0 7645 Woest James Chief Academic Advisor 40.00 X 131500 0 0 Smith Teresa VP for Enrollment 40.00 X 124104 0 3400 Steele Laura Dean - School of Psychology 40.00 X 123655 0 0 878730 0 105057 6 0 1 0 DC Construction & Concrete 663 S State College Blvd Fullerton CA 92831 Construction services 1464958 Provider Contract Foodservice Inc 7119 Indiana Ave Riverside CA 92504 Food services 501884 Enrollment Fuel LLC PO Box 147 Chapel Hill NC 27514 Enrollment recruiting 252969 Payne's Janitorial Services Inc 641 S Palm Street Unit B La Habra CA 90631 Janitorial Services 236032 BSN Sports LLC PO Box 941393 Dallas TX 75284 Uniform sales and monogramming 120345 7 3037182 1508171 680 4545353 Tuition and fees 611310 22642927 22642927 Auxiliary 611310 1233212 1002107 231105 303142 303142 24179281 202592 202592 528043 45387 482862 246776 45181 -201389 -156208 -156208 39450 13594 25856 25856 28796874 23948176 231105 72240 9321223 9321223 516350 251785 264565 9696988 7920325 1426649 350014 1061569 525124 512119 24326 657142 516125 116402 24615 36081 36081 65044 65044 1778 1778 42664 42664 885268 695511 174753 15004 622977 63182 513311 46484 547409 242437 303581 1391 336679 195274 127938 13467 2480560 1192743 1269814 18003 207605 175976 24948 6681 14215 12375 1840 1023609 772483 207546 43580 174576 40938 133638 Operations/Maintenance 1091044 829673 206645 54726 Institutional Membershi 101609 52446 47868 1295 Special Events 94008 70543 20884 2581 Licenses & Registration 83603 64266 19337 357973 149113 205450 3410 29419974 23091542 5722855 605577 4435453 3675411 1604826 1074682 577630 329835 211168 387252 31600 234763 208078 34965476 22040520 12760814 12924956 5128405 6082421 330101 318779 10298118 12573692 35581278 37606706 1378386 1454544 511755 161834 18886193 17580834 1308078 2050289 1828116 4300010 23912528 25547511 X 1137135 1223129 10531615 10836066 11668750 12059195 35581278 37606706 X -623100 1006311 7234 X 0 1 X 1 1 1 X 1681415 3944916 2913933 3365990 4545353 16451607 1681415 3944916 2913933 3365990 4545353 16451607 2879368 13572239 827284 991014 1277220 705285 202592 4003395 203244 144070 347314 81580 51368 78028 63065 39450 313491 21115807 135671458 0.64280 0.54920 X Schedule A, Part II, Line 10, Explanation of Other Income: Fundraising Event Fees - 2016 Amount: $ 81,580. 2017 Amount: $ 51,368. 2018 Amount: $ 78,028. 2019 Amount: $ 63,065. 2020 Amount: $ 39,450. 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 1778 1778 0 Part II-B, Line 1: Annual membership fees paid to the Association of Independent California Colleges and Universities (AICCU) and the Council for Christian Colleges & Universities (CCCU) include a portion that is used for advocacy and lobbying against legistlation that would be detrimental to member organizations. 8816510 3895 1243080 533260 9530225 8551550 106174 466856 308070 8816510 8858868 58494 233506 575492 365 23461 8551550 8296166 15890 819644 206987 48717 17128 8858868 8060565 22911 462554 161500 74304 14060 8296166 0.03447 0.96553 0 0 1395071 1395071 20536647 10370998 10165649 10417210 9611894 805316 2616548 2057628 558920 12924956 Trust and Annuity Assets 1718872 Assets Held for Sale 8710310 Operating lease right-of-use assets 921430 Finance lease right-of-use assets 1223080 12573692 Trust and annuity liabilities 885291 Post retirement benefit obligation 1071374 Operating leases 921430 Finance leases 1421915 4300010 Part V, Line 4: Hope International University's endowment funds are maintained and preserved for future use supporting various purposes within the University. Some of these funds are restricted for scholarship purposes, some are available for general University use with the approval of the Board of Trustees, and others are maintained for future University uses yet to be determined by the Board of Trustees. 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 Non-Discrimination policy is published in Hope International University's advertisements in printed media, the University Student Handbook, newspaper and magazine adverisements, and various electronic media. It is also posted on the University's website homepage. Schedule E, Part I, Line 6 Federal financial aid funds consist of PPP loan forgiveness, Title IV funding, and CARES Act funding (HEERF grants.) HIU Golf Challenge 39450 39450 3149 6344 3416 685 39450 39450 3149 6344 3416 685 13594 25856 1 Scholarships 715 9225890 Tuition Discounts 28 60578 HEERF Funds 65 34755 Part I, Line 2: The Student Financial Services office of the University requires students to complete the Free Application for Federal Student Aid (FAFSA) form to determine eligibility for Federal, State, and Institutional grants, scholarships, and loans. This is an equitable formula that measures all assets consistently. In addition to this form, the Institution does require some other guidelines in the event that funds are offered based upon certain academic credentials or performance in a University sponsored activity. These credentials are clearly stated in the University catalog and the University website. Enrollment and eligibility are monitored by the University. Scholarships and tuition discounts are applied directly to student accounts and no cash changes hands. X 1 1 X X 0 0 0 0 0 0 0 0 0 Alexander Paul President 188016 0 0 0 0 0 26000 0 51021 0 265037 0 0 0 McGlinchey Thomas VP for Business & Finance 174205 0 0 0 0 0 0 0 17930 0 192135 0 0 0 Part I, Line 1a Housing Allowance: Pursuant to Internal Revenue Code Section 107, the University pays a portion of the salary of ordained ministers as a housing allowance per amount claimed on annual form. This is not included in taxable compensation. The President received this benefit during this reporting period. The allowance is approved by the Board of Trustees and documented in the Board minutes. Form 990, Part VI, Section A, line 1 The organization has an Executive Committee that has the broad authority to act on behalf of the full Board. The Executive Committee consists of the following members: Board Chair, Board Vice Chair, Secretary/Treasurer, and two Board of Trustee Members. Form 990, Part VI, Section B, line 11b Form 990 is prepared by an independent public accountant and reviewed in detail by the Vice President of Business and Finance and University President prior to filing with the IRS. The University shares the Form 990 with Trustees upon request. Form 990, Part VI, Section B, line 12c The organization adopted a conflict of interest policy on August 15, 2011, requiring annual signed submission of the conflict of interest form by all officers and board members. Further, accounts payable has been provided with a list of board members and officers and notifies the Controller of all transactions with related parties for review. If it is felt a potential conflict may exist, it is brought to the attention of the Vice President of Business and Finance for review. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Section B, line 15 Compensation programs are determined by utilizing compensation median and mean data provided by the Council for Christian Colleges and Universities. The independent Executive Committee of the Board reviews the President's compensation program on an annual basis. The Cabinet's compensation is reviewed annually along with faculty and staff. The Trustees review and make decisions on information provided to them by the President's Cabinet in this regard. All Board approved compensation is documented in the minutes. Form 990, Part VI, Section C, line 19 The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part VII 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: Change in value of split interest agreements 216,928. Loss on discontinued operations -209,694. Hope International University Capital LLC 2500 E Nutwood Avenue Fullerton CA 92831 University support CA 0 0 Hope International University Hope International University Foundation 2500 E Nutwood Avenue Fullerton CA 92831 311503577 University support CA Hope International University C 1.00000 1 Hope International Capital Facilities Finance Foundation 2500 E Nutwood Avenue Fullerton CA 92831 202597979 University support CA Hope International University C 1.00000 1 Charitable remainder unitrusts (2) Investing and payments to annuitants CA Hope International University 1 Charitable remainder annuity trust Investing and payments to annuitants CA Hope International University 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 Charitable Remainder Unitrust S 308756 Trust disbursement