2022-05-16T20:50:58-05:00 2021-06-30 910189318 MOSS ADAMS LLP 225 S LAKE AVE SUITE 900 PASADENA CA 91101 990 2020-07-01 952786163 WOODBURY UNIVERSITY WOOD 8187670888 7500 NORTH GLENOAKS BLVD BURBANK CA 91504 DR DAVID STEELE-FIGUEREDO PRESIDENT 8187670888 2022-05-16 1 DR DAVID STEELE-FIGUERE 999009999 LAUREN A HAVERLOCK P00545829 3104770450 2022-05-16 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z DR DAVID STEELE-FIGUERED 7500 NORTH GLENOAKS BLVD BURBANK CA 91504 57369220 0 X WWW.WOODBURY.EDU X 1884 CA UNIVERSITY PROGRAMS FOR STUDENTS THAT LEADS TO AN UNDERGRADUATE OR GRADUATE DEGREE. 20 19 623 23 0 0 4287957 4776863 48488540 44746385 948238 1324668 2310827 892947 56035562 51740863 15678170 15505766 0 0 22750070 22978939 0 0 279703 14961823 14175636 53390063 52660341 2645499 -919478 66085607 66650435 42788675 38195390 23296932 28455045 X WOODBURY UNIVERSITY EMPOWERS PEOPLE TO DO EXTRAORDINARY THINGS. WE TRANSFORM STUDENTS INTO LIBERALLY EDUCATED PROFESSIONALS AND SOCIALLY RESPONSIBLE CITIZENS BY INTEGRATING LIBERAL ARTS, DESIGN THINKING, ENTREPRENEURSHIP, AND CIVIC ENGAGEMENT INTO ALL PROGRAMS. WE ACHIEVE ACADEMIC EXCELLENCE BY CREATING EXTERNAL PARTNERSHIPS, IMPLEMENTING EFFECTIVE INTERNAL PROCESSES, AND ENSURING QUALITY IN ALL PROGRAMS AND SERVICES.SUCCESSFUL WOODBURY GRADUATES ARE AMBASSADORS FOR THE UNIVERSITY. THEY ARE INNOVATIVE LEADERS WHO HELP INDIVIDUALS AND COMMUNITIES FLOURISH. THEY ARE KNOWN FOR BEING STRONG COMMUNICATORS, ETHICAL THINKERS AND CREATIVE PROBLEM-SOLVERS WITH A DEEP COMMITMENT TO SUSTAINABILITY AND SOCIAL JUSTICE. THEY ARE KNOWLEDGEABLE IN THEIR DISCIPLINES AND EAGER FOR COLLABORATION AND CONTINUOUS LEARNING. THEY INTEGRATE PROFESSIONAL SKILLS WITH GLOBAL CITIZENSHIP, ENTREPRENEURIAL ENERGY, AND INTELLECTUAL CURIOSITY. WOODBURY GRADUATES MAKE A DIFFERENCE. 0 0 45271155 15505766 44746385 WOODBURY UNIVERSITY TRANSFORMS STUDENTS INTO INNOVATIVE PROFESSIONALS WHO WILL CONTRIBUTE RESPONSIBLY TO THE GLOBAL COMMUNITY. WE ACHIEVE ACADEMIC EXCELLENCE BY FOCUSING ON PURPOSEFUL STUDENT ENGAGEMENT, ESTABLISHING EXTERNAL PARTNERSHIPS AND ENSURING THAT ALL OUR PROCESSES, SERVICES AND ENVIRONMENT ENRICH THE STUDENT EXPERIENCE. 45271155 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 45 0 1 623 1 0 0 0 0 0 0 0 0 0 0 0 0 X 20 19 0 0 1 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 CA X VP OF FINANCE AND ACCOUNTING 8182523389 7500 GLENOAKS BLVD BURBANK CA 915107846 DAVID STEELE-FIGUEREDO PRESIDENT 40.00 X X 565375 0 35125 RANDALL STAUFFER VP ACADEMIC AFFAIRS 40.00 X 272961 0 27870 JOAN MARQUES DEAN 40.00 X 213181 0 28376 NATALIA AVALOS VP ADMINISTRATION & HR 40.00 X 204069 0 27776 INGALILL WAHLROOS-RITTER DEAN 40.00 X 196890 0 24206 SUSAN VESSELLA DEAN 40.00 X 181913 0 16774 RUBEN ELLIS DEAN 40.00 X 155750 0 19102 SETA JAVOR BOARD SECRETARY 40.00 X 150090 0 22903 MAURO DIAZ DEAN 40.00 X 148966 0 17717 SATINDER DHIMAN ASSOCIATE DEAN 40.00 X 150813 0 15081 NEDRA LINDA PETERSON FACULTY 40.00 X 137868 0 24029 LIZA MULLINS VP FINANCE & ACCTING (THRU 8/17/20) 40.00 X 148873 0 4342 RAIDA GATTEN ASSOCIATE VP ACCADEMIC AFFAIRS 40.00 X 128606 0 7819 WILL MCCONNELL DEAN OF FACULTY - ELECT 40.00 X 112018 0 18721 GREGORY LIPPE CHAIR 1.00 X X 0 0 0 DULARI AMIN VICE CHAIR 1.00 X X 0 0 0 RONALD ALTOON TRUSTEE (THRU DEC 2020) 1.00 X 0 0 0 MARIA ALVAREZ TRUSTEE (THRU DEC 2020) 1.00 X 0 0 0 LEE ALPERT TRUSTEE 1.00 X 0 0 0 ZELDA GILBERT TRUSTEE 1.00 X 0 0 0 DOUG GOLD TRUSTEE 1.00 X 0 0 0 AUSTIN HUTCHERSON TRUSTEE 1.00 X 0 0 0 AFSHIN KATEB TRUSTEE 1.00 X 0 0 0 DAVID KUMMER TRUSTEE 1.00 X 0 0 0 SUPERNA KALLE TRUSTEE 1.00 X 0 0 0 KAREN LOCKE TRUSTEE 1.00 X 0 0 0 JOE MOSCELLA TRUSTEE 1.00 X 0 0 0 CARA MUNN TRUSTEE 1.00 X 0 0 0 WALTER MOSHER JR TRUSTEE 1.00 X 0 0 0 SUNDEEP VAGHASHIA TRUSTEE 1.00 X 0 0 0 IGNACIO RODRIGUEZ TRUSTEE (THRU DEC 2020) 1.00 X 0 0 0 RONALD SODERLING TRUSTEE 1.00 X 0 0 0 EDWARD SPIEGEL TRUSTEE 1.00 X 0 0 0 CLAIRE THOMPSON TRUSTEE 1.00 X 0 0 0 WILLIAM THOMAS TRUSTEE 1.00 X 0 0 0 MATTHEW ROMAN TRUSTEE (THRU DEC 2020) 1.00 X 0 0 0 ELENA ZAGER TRUSTEE 1.00 X 0 0 0 DAVID LEUNG VP FINANCE & ACCOUNTING (AS OF 1/21) 40.00 X 0 0 0 2767373 0 289841 43 0 1 0 BON APPETIT PO BOX 50196 LOS ANGELES CA 900740196 FOOD SERVICE 635698 SECURITAS SECURITY SERVICES USA INC 16909 PARTHENIA ST NORTH HILLS CA 91343 SECURITY SERVICES 600029 RUFFALO NOEL-LEVITZ PO BOX 718 DES MOINES IA 503030718 CONSULTANTS 382377 CCS FACILITY SERVICES PO BOX 845112 LOS ANGELES CA 90084 JANITORIAL SERVICES 335820 MOSS ADAMS LLP 999 3RD AVE 2800 SEATTLE WA 98104 ACCOUNTING SERVICES 156075 5 4310527 466336 49542 4776863 TUITION AND FEES 900099 44721874 44721874 PERKINS LOAN INTEREST 900099 24511 24511 44746385 1069931 1069931 53530 133324 -79794 -79794 -79794 5749770 5495033 254737 254737 254737 ROOM AND BOARD 611710 888052 888052 MISCELLANEOUS REVENUE 611710 83001 83001 PARKING PERMITS 900099 1688 1688 972741 51740863 44746385 0 2217615 15505766 15505766 1554225 249179 1169905 135141 16950043 15143941 1782866 23236 1190355 1030607 153507 6241 1814743 1448520 349750 16473 1469573 1143856 313376 12341 409458 409458 151725 151725 238630 238630 1491919 1113177 346804 31938 309585 309585 1287787 832399 450802 4586 1131125 641803 463128 26194 1061250 664268 377981 19001 5658 5658 71994 43847 28147 883703 883703 3340267 3340267 520156 520156 SECURITY 669625 538392 131233 RESIDENTIAL FOOD SERVIC 492853 492853 BAD DEBT 462837 462837 RESTRICTED EXPENSE 427078 427078 1219986 993419 222015 4552 52660341 45271155 7109483 279703 2379651 2190305 16174 103597 1153297 1179592 764676 381133 85246793 49690762 37594844 35556031 22639874 25977952 1198220 1047488 338871 214337 66085607 66650435 1176401 2114216 1108548 938479 22805000 21982227 3000000 5000000 14698726 8160468 42788675 38195390 X 13749444 18655151 9547488 9799894 23296932 28455045 66085607 66650435 X -919478 2168987 3908604 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20070284 110859 3311094 184896 23307341 19813990 214211 358051 315968 20070284 22197101 554934 748949 3686994 19813990 24161207 86168 777544 2827818 22197101 22902157 544668 2385892 1671510 24161207 0.62550 0.28690 0.08760 0 0 7384774 7384774 59987358 34836383 25150975 13093520 10712282 2381238 4781141 4142097 639044 35556031 OTHER PAYABLES 222315 ACCRUED PENSION 6349652 BOND INTEREST PAYABLE 442301 STUDENT FUNDS PAYABLE/DEPOSITS 629320 GIFT ANNUITY OBLIGATION 114029 FINANCE LEASE LIABILITIES 358484 OPERATING LEASE LIABILITIES 44367 8160468 X 42593121 2168987 2168987 40424134 11316729 11316729 51740863 37287899 133324 133324 37154575 15505766 15505766 52660341 PART V, LINE 4: THE UNIVERSITY HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE MARKET VALUE AS OF THE DONATION DATE OF THE ENDOWMENT ASSETS. PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS RULED THAT THE UNIVERSITY QUALIFIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS THEREFORE NOT SUBJECT TO INCOME TAXES FOR ACTIVITIES RELATED TO ITS EXEMPT PROGRAMS. MANAGEMENT IS NOT AWARE OF ANY EVENT THAT WOULD CAUSE THE UNIVERSITY TO BE DISQUALIFIED FROM ITS TAX EXEMPT STATUS. THE UNIVERSITY HAD NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2021 AND 2020. THE UNIVERSITY FILES AN EXEMPT ORGANIZATION RETURN IN THE U.S. FEDERAL JURISDICTION AND WITH THE CALIFORNIA FRANCHISE TAX BOARD. THE UNIVERSITY 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 UNIVERSITY FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2021 OR 2020. PART XI, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN MINIMUM PENSION LIABILITY -4,055,713. EXPENSE RECLASS - FINANCIAL AID 15,261,520. EXPENSE RECLASS - FUNDED SCHOLARSHIPS 244,246. RENTAL EXPENSES -133,324. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 133,324. PART XII, LINE 4B - OTHER ADJUSTMENTS: EXPENSE RECLASS - FUNDED SCHOLARSHIPS 244,246. EXPENSE RECLASS - FINANCIAL AID 15,261,520. 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'S NONDISCRIMINATION POLICY IS STATED IN ALL UNIVERSITY PUBLICATIONS, APPLICATIONS, RECRUITING LITERATURE, CATALOGUES, ETC. IT IS ALSO POSTED PROMINTENTLY ON CAMPUS AND ON THE HOMEPAGE OF THE WEBSITE. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY PARTICIPATES IN THE PERKINS LOAN PROGRAM. 1 INSTITUTIONAL STUDENT AID 1135 15261520 FUNDED SCHOLARSHIPS 114 244246 PART I, LINE 2: FOR ADMINISTERING GOVERNMENT GRANT FUNDS, DEAN OF STUDENT AFFAIRS REVIEWS THE DO-NOT-USE VENDOR LIST PUBLISHED BY THE GOVERNMENT TO BE IN COMPLIANCE WITH G5 (SAM) REQUIREMENTS. FINANCIAL AIDS DISBURSEMENTS ARE POSTED TO STUDENT'S ACCOUNT BASED ON THE APPROVED COST OF ATTENDANCE FOR EACH STUDENT. THE POSTED FINANCIAL AID IS THEN USED TO OFFSET THE COST OF TUITION AND OTHER EDUCATION RELATED EXPENSES. X 1 1 X X X X 1 0 0 0 0 0 0 1 0 DAVID STEELE-FIGUEREDO PRESIDENT 375000 0 70000 0 120375 0 35125 0 0 0 600500 0 0 0 RANDALL STAUFFER VP ACADEMIC AFFAIRS 254461 0 18500 0 0 0 19972 0 7898 0 300831 0 0 0 JOAN MARQUES DEAN 182700 0 12789 0 17692 0 20557 0 7819 0 241557 0 0 0 NATALIA AVALOS VP ADMINISTRATION & HR 178696 0 18500 0 6873 0 20407 0 7369 0 231845 0 0 0 INGALILL WAHLROOS-RITTER DEAN 177625 0 12434 0 6831 0 16387 0 7819 0 221096 0 0 0 SUSAN VESSELLA DEAN 170012 0 11901 0 0 0 16774 0 0 0 198687 0 0 0 RUBEN ELLIS DEAN 152250 0 3500 0 0 0 7788 0 11314 0 174852 0 0 0 SETA JAVOR BOARD SECRETARY 123094 0 12400 0 14596 0 15009 0 7894 0 172993 0 0 0 MAURO DIAZ DEAN 131508 0 12400 0 5058 0 10428 0 7289 0 166683 0 0 0 SATINDER DHIMAN ASSOCIATE DEAN 117873 0 0 0 32940 0 15081 0 0 0 165894 0 0 0 NEDRA LINDA PETERSON FACULTY 117868 0 0 0 20000 0 13874 0 10155 0 161897 0 0 0 LIZA MULLINS VP FINANCE & ACCTING (THRU 8/17/20) 82500 0 0 0 66373 0 0 0 4342 0 153215 0 0 0 PART I, LINE 1A A HOUSING ALLOWANCE IS PROVIDED TO THE PRESIDENT AND IS INCLUDED AS TAXABLE COMPENSATION. PART I, LINE 4A THE FOLLOWING PERSON RECEIVED SEVERANCE IN 2020: LIZA MULLINS - $49,460 PART I, LINE 7 BONUSES ARE APPROVED BY THE BOARD OF TRUSTEES AND AWARDED BASED ON MEETING GOALS. A CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 2014-12-23 38403740 CONSTRUCTION AND REMODELING OF BUILDINGS AND REFUNDING PRIOR BOND ISSUES 0 0 0 A 16105000 38403740 632172 175577 25901568 534540 2016 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CALIFORNIA MUNICIPAL FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 12/23/2019 SCH K, PART II, COLUMN A, LINE 3, TOTAL PROCEEDS OF ISSUE PROCEEDS USED TO CURRENTLY REFUND PRIOR ISSUE 1/11/06 $15,199,000; PROCEEDS USED TO ADVANCE REFUND PRIOR ISSUE 2/27/07 $6,377,271; NONREFUNDING PROCEEDS OF ISSUE (NET BOND ISSUANCE COSTS OF $632,172) $16,195,297. OF THESE REMAINING PROCEEDS, $13,150,000 WERE RETURNED. SCH K, PART II, COLUMN A, LINE 11, OTHER SPENT FUNDS OTHER SPENT FUNDS REPRESENT REFUNDED BONDS ISSUANCE COSTS. X 1 5022 FAIR MARKET VALUE X HIGH DENSITY URETHANE FOAM 1 44520 FAIR MARKET VALUE 0 1 0 PART I, COLUMN (B): THE NUMBER REPORTED IN PART I, COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE HAS POWER AND AUTHORITY TO VOTE ON CERTAIN MATTERS. FORM 990, PART VI, SECTION A, LINE 4 THERE WAS A CHANGE IN THE MAXIMUM AND MINIMUM NUMBER OF TRUSTEES AND THE APPROVAL AUTHORITY OF EMPLOYEES WAS ESTABLISHED IN THE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE CPA FIRM. MANAGEMENT REVIEWS THE FORM 990 AND PROVIDES ANY COMMENT TO THE FIRM. BEFORE THE RETURN IS FILED, A COPY OF THE FORM 990 IS FORWARDED TO THE FULL BOARD OF DIRECTORS BEFORE IT IS SUBMITTED TO THE IRS FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, BOTH THE BOARD OF TRUSTEES AND EXECUTIVE MANAGEMENT PREPARE CONFLICT OF INTEREST TRANSACTION FORMS, AND ANY IMPROPER TRANSACTIONS ARE IDENTIFIED. FORM 990, PART VI, SECTION B, LINE 15 THE UNIVERSITY'S COMPENSATION POLICY IS DESIGNED TO PROVIDE EQUITABLE COMPENSATION TO EACH EMPLOYEE REFLECTIVE OF THE DUTIES AND RESPONSIBILITIES OF HIS/HER POSITION; TO MAINTAIN AN EQUITABLE RELATIONSHIP BETWEEN SALARIES PAID BY THE UNIVERSITY AND THOSE PAID EXTERNALLY FOR COMPARABLE OCCUPATIONAL GROUPS; TO REWARD EMPLOYEES ON THE BASIS OF PERFORMANCE AND LENGTH OF SERVICE, ETC. IN ORDER TO ACHIEVE THESE OBJECTIVES, THE PROGRAM CONSISTS OF POSITION DESCRIPTIONS THAT DEFINE THE CONTENT OF EACH POSITION, A COMPETITIVE SALARY STRUCTURE THAT TAKES INTO ACCOUNT WHAT OTHER ORGANIZATIONS PAY FOR SIMILAR WORK, POSITION EVALUATIONS THAT PLACE POSITIONS INTO APPROPRIATE SALARY GRADES WITHIN THE SALARY STRUCTURE, AND SALARY PLANNING THAT PROVIDES THE BASIS FOR SALARY INCREASES TO RECOGNIZE PERFORMANCE AND SALARY MOVEMENT IN THE EXTERNAL MARKETPLACE. PRESIDENT'S COMPENSATION - THE UNIVERSITY'S BOARD OF TRUSTEES ANNUALLY REVIEWS THE PRESIDENT'S COMPENSATION PACKAGE. THEIR REVIEW IS BASED ON THE STUDY OF COMPARATIVE SALARY AND BENEFITS DATA FOR PRESIDENTS AT COMPARABLE INDEPENDENT COLLEGES AND UNIVERSITIES IN CALIFORNIA. THE MOST RECENT REVIEW OCCURRED DURING 2019 AND BECAME EFFECTIVE JULY 1, 2019. BECAUSE INSTITUTIONS ARE PLACED IN CATEGORIES DEPENDENT ON INSTITUTIONAL CHARACTERISTICS THAT INCLUDE ENROLLMENT, ENDOWMENT, NUMBERS OF FULL-TIME FACULTY, REVENUE BUDGET, ETC., THE BOARD DETERMINES ITS DECISION BY STUDYING NOT ONLY THOSE INSTITUTIONS IN THE SAME CATEGORY AS WOODBURY (GROUP IVA) BUT ALSO THOSE IN GROUP III, GROUPS II-B AND II-A. THE BOARD ALSO EXERCISES FINAL AUTHORITY IN TERMS OF ANY ACROSS-THE-BOARD CPI INCREASES AND/OR CHANGES TO THE BENEFITS PACKAGE. TOP MANAGEMENT, OFFICERS & KEY EMPLOYEES - THE SALARY ADMINISTRATION OBJECTIVES NOTED IN THE INITIAL PARAGRAPH ABOVE UTILIZE A POINT-RATING JOB CLASSIFICATION SYSTEM THAT DETERMINES THE RELATIVE VALUE OF ALL POSITIONS. THE CLASSIFICATION SYSTEM DEFINES THOSE CHARACTERISTICS OF "FACTORS" THAT ARE PRESENT IN ALL POSITIONS EVALUATED WITHIN THE SYSTEM. THE DEGREE TO WHICH EACH "FACTOR" IS PRESENT IN A GIVEN JOB IS DETERMINED AND A POINT VALUE IS ASSIGNED TO EACH FACTOR. THE SUM OF THESE POINT VALUES DETERMINES THE POSITION GRADE THAT RESPONDS TO A SALARY STRUCTURE TO ENSURE EQUITY. THE UNIVERSITY RECOGNIZES THE NEED FOR INDIVIDUALIZED SALARY "STUDIES" FOR SEVERAL TOP MANAGEMENT POSITIONS WHOSE GRADE ASSIGNMENT COMPRISES THE UPPER LEVELS OF THE GRADE STRUCTURE. IN SUCH INSTANCES, SALARIES WITHIN THE SALARY STRUCTURE THAT ARE BELOW MARKET AND THAT ARE REQUIRED TO ATTRACT AND RETAIN QUALIFIED PERSONNEL WHO CAN PERFORM THE TASKS NECESSARY FOR THE SUCCESSFUL OPERATION OF THE UNIVERSITY ARE REVIEWED BY POSITION USING THE SAME CRITERIA AS THE BOARD UTILIZES FOR REVIEW OF THE PRESIDENT'S COMPENSATION PACKAGE. ALL FULL-TIME FACULTY, INCLUDING FULL-TIME LIBRARIANS, ARE COMPENSATED BASED ON ASSIGNED RANK ACCORDING TO A SET OF CRITERIA DEFINED IN THE FACULTY HANDBOOK. THESE CRITERIA COVER EDUCATIONAL REQUIREMENTS, TEACHING EXPERIENCE, PROFESSIONAL DEVELOPMENT AND COMMUNITY SERVICE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN MINIMUM PENSION LIABILITY 4,055,713. PERKINS LOAN CONTRIBUTIONS RETURNED TO DEPARTMENT OF EDUCATION -147,109.