WORLD MISSION UNIVERSITY: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- WORLD MISSION UNIVERSITY (EIN 95-4230730)
- Tax period
- 2019-07-01 to 2020-06-30
- Filed
- 2021-02-15
- IRS object ID
- 202110469349300001
- Schema version
- 2019v5.0
- 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 | 2021-02-15T00:29:54-06:00 | ReturnTs |
| Tax Period End | 2020-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 954618521 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BENJAMIN KOO & CO CPA'S | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3435 WILSHIRE BLVD 1500 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 900101915 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-07-01 | 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 | 2133852322 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 S SHATTO PL 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 | 2133852322 | PhoneNum |
| Signature | 2020-12-29 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GENE N KAHNG | PreparerPersonNm |
| PTIN | P18022020 | PTIN |
| Phone | 2133885555 | PhoneNum |
| Preparation | 2021-02-03 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | LIM SUNG JIN | PrincipalOfficerNm |
| Gross Receipts | $2,849,264 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.WMU.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1990 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| 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 | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 13 | VotingMembersIndependentCnt |
| Total Employee | 65 | TotalEmployeeCnt |
| Total Gross UBI | $323,753 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $80,082 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $225,272 | PYContributionsGrantsAmt |
| CY Contributions Grants | $156,902 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,607,949 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $1,936,701 | CYProgramServiceRevenueAmt |
| PY Investment Income | $24,428 | PYInvestmentIncomeAmt |
| CY Investment Income | $21,086 | CYInvestmentIncomeAmt |
| PY Other Revenue | $356,303 | PYOtherRevenueAmt |
| CY Other Revenue | $335,291 | CYOtherRevenueAmt |
| PY Total Revenue | $2,213,952 | PYTotalRevenueAmt |
| CY Total Revenue | $2,449,980 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,212,922 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,306,532 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $54,848 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $905,302 | PYOtherExpensesAmt |
| CY Other Expenses | $995,771 | CYOtherExpensesAmt |
| PY Total Expenses | $2,118,224 | PYTotalExpensesAmt |
| CY Total Expenses | $2,302,303 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $95,728 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $147,677 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $7,882,245 | TotalAssetsBOYAmt |
| Total Assets EOY | $8,360,723 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $2,157,939 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,488,875 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $5,724,306 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $5,871,848 | NetAssetsOrFundBalancesEOYAmt |
| Mission | AN EVANGELICAL EDUCATIONAL INSTITUTION, EXISTS TO EQUIP BIBLE-CENTERED, MISSION-MINDED LEADERS FOR THE CHURCH AND THE WORLD. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $1,426,632 | ExpenseAmt |
| Revenue | $1,936,701 | RevenueAmt |
| Desc | WORLD MISSION UNIVERSITY OFFERS RELIGIOUS STUDY PROGRAMS AS A POST SECONDARY EDUCATION INSTITUTION | Desc |
| Total Program Service Expenses | $1,426,632 | 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 | Yes (true) | 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 | 3 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 65 | 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 | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 13 | 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 | GENE KAHNG | PersonNm |
| Phone | 2133885555 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3435 WILSHIRE BLVD STE 1500 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90010 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)
| TitleTitleTxt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|
| LIM DEBORAH | |||||
| BOARD MEMBER | Yes (X) | $0 | $0 | $0 | |
| KIM KWANG DON | |||||
| BOARD MEMBER | Yes (X) | $0 | $0 | $0 | |
| CHOI HAROLD | |||||
| BOARD MEMBER | Yes (X) | $0 | $0 | $0 | |
| YOON SUNG HWAN | |||||
| CHAIRMAN | Yes (X) | $0 | $0 | $0 | |
| CHOI MOON HWANN | |||||
| BOARD MEMBER | Yes (X) | $0 | $0 | $0 | |
| CHEONG SOO II | |||||
| BOARD MEMBER | Yes (X) | $0 | $0 | $0 | |
| LEE CHUN JIN | |||||
| BOARD MEMBER | Yes (X) | $0 | $0 | $0 | |
| CHO JONATHAN | |||||
| BOARD MEMEBE | Yes (X) | $0 | $0 | $0 | |
| HWANG JAE KIL | |||||
| BOARD MEMBER | Yes (X) | $0 | $0 | $0 | |
| JUNG SUNG KIL | |||||
| BORAD MEMBER | Yes (X) | $0 | $0 | $0 | |
| PARK GRACE OK | |||||
| BOARD MEMBER | Yes (X) | $0 | $0 | $0 | |
| KIM THOMAS | |||||
| BOARD MEMBER | Yes (X) | $0 | $0 | $0 | |
| LIM SUNG JIN | |||||
| PRESIDENT | $0 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| All Other Contributions | $156,902 | AllOtherContributionsAmt |
| Total Contributions | $156,902 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| TUITION AND FEES | $2,560,756 | $2,560,756 |
| FEDERAL FINANCIAL AID | $409,461 | $409,461 |
| LESS:SCHOLARSHIP | -$128,319 | -$128,319 |
| LESS: TUITION ALLOWANCES | -$409,461 | -$409,461 |
| LESS: DISCOUNT | -$495,736 | -$495,736 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $1,936,701 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $21,086 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $21,086 | RelatedOrExemptFuncIncomeAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $723,037 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $399,284 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $323,753 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $323,753 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $323,753 | UnrelatedBusinessRevenueAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Total Revenue Column | $11,538 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $11,538 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $11,538 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,449,980 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,969,325 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $323,753 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,171,790 | TotalAmt |
| Program Services | $960,436 | ProgramServicesAmt |
| Management And General | $211,354 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,278 | TotalAmt |
| Program Services | $28,810 | ProgramServicesAmt |
| Management And General | $6,468 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $99,464 | TotalAmt |
| Program Services | $81,228 | ProgramServicesAmt |
| Management And General | $18,236 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,310 | TotalAmt |
| Management And General | $11,310 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,600 | TotalAmt |
| Management And General | $4,600 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $56,427 | TotalAmt |
| Management And General | $56,427 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,726 | TotalAmt |
| Management And General | $18,726 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,000 | TotalAmt |
| Program Services | $30,000 | ProgramServicesAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,438 | TotalAmt |
| Program Services | $5,438 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,672 | TotalAmt |
| Management And General | $25,672 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $157,107 | TotalAmt |
| Program Services | $62,720 | ProgramServicesAmt |
| Management And General | $94,387 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,464 | TotalAmt |
| Management And General | $14,464 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|
| CONTRIBUTION | $134,680 | $134,680 | |
| OFFICE SUPPLIES & EXP | $68,681 | $68,681 | |
| FUND RAISING EXP | $54,848 | $54,848 | |
| UTILITY | $53,526 | $53,526 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $360,292 | TotalAmt |
| Program Services | $258,000 | ProgramServicesAmt |
| Management And General | $102,292 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,302,303 | TotalAmt |
| Program Services | $1,426,632 | ProgramServicesAmt |
| Management And General | $820,823 | ManagementAndGeneralAmt |
| Fundraising | $54,848 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $596,795 | BOYAmt |
| EOY | $1,079,138 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,130,886 | BOYAmt |
| EOY | $1,152,026 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68,592 | BOYAmt |
| EOY | $214,756 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $79,211 | BOYAmt |
| EOY | $40,466 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $8,291,475 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,438,938 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,998,591 | BOYAmt |
| EOY | $5,852,537 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,070 | BOYAmt |
| EOY | $3,700 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,100 | BOYAmt |
| EOY | $18,100 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,882,245 | BOYAmt |
| EOY | $8,360,723 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,061 | BOYAmt |
| EOY | $18,024 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $312,918 | BOYAmt |
| EOY | $393,378 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,809,960 | BOYAmt |
| EOY | $2,077,473 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,157,939 | BOYAmt |
| EOY | $2,488,875 | 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 | $5,724,306 | BOYAmt |
| EOY | $5,871,848 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,724,306 | BOYAmt |
| EOY | $5,871,848 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,882,245 | BOYAmt |
| EOY | $8,360,723 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $147,677 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$135 | 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
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $245,000 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $2,571 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $2,571 | AdministrativeExpensesAmt |
| End Year Balance | $325,000 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $245,000 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $2,450 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $2,450 | AdministrativeExpensesAmt |
| End Year Balance | $245,000 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
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 | $1,192,233 | DepreciationAmt |
| Book Value | $1,665,564 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,129,678 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,246,705 | DepreciationAmt |
| Book Value | $882,973 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $5,852,537 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| LOAN PAYABLE | $2,033,205 |
| RENTAL SECURITY DEPOSIT | $57,172 |
| ACCRUED LIABILITIES | $12,148 |
| EIDL ADVANCE | $10,000 |
| INCOME TAX PAYABLE | -$35,052 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,077,473 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $2,449,980 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $2,449,980 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $2,449,980 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $2,302,438 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $135 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $135 | ExpensesNotReportedAmt |
| Expenses Subtotal | $2,302,303 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $2,302,303 | 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 135 | 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 (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, LINE 3 | THE ORGANIZATION PUBLICIZED THE POLICY DURING THE REGISTRATION PERIOD CATALOG |
| SCHEDULE E, LINE 6 | WORLD MISSION UNIVERSITY RECEIVED TITLE IV FINANCIAL AID FOR STUDENTS |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 11B | REVIEW FINANCIAL STATEMENTS & FORM 990 BY V. EXECUTIVE VICE PRESIDENT & CHIEF FINANCIAL OFFICER |
| FORM 990, PAGE 6, PART VI, LINE 19 | UPON REQUEST |
| FORM 990, PART IX, LINE 24E | ACCREDITATION RELATED EXP 47,410 0 0 PROGRAM EXPENSE 46,674 0 0 REPAIR & MAINTENANCE 0 44,746 0 COMPUTER & OFFICE EXPENSE 41,046 0 0 DISTANCE EDUCATION EXPENS 36,901 0 0 STUDENT ACTIVITY & SERVIC 32,015 0 0 LIBRARY EXPENSE 24,006 0 0 PROVISON FOR INCOME TAXES 0 23,896 0 JANITORIAL SERVICES 0 22,163 0 TELEPHONE 0 19,994 0 BUSINESS PROMOTION/ENTERT 0 12,950 0 FINANCIAL AID SERVICE 11,734 0 0 ADMISSION 11,376 0 0 DEVELOPMENT EXP 0 7,679 0 CREDIT CARD DISCOUNT 0 7,601 0 SECURITY EXPENSE 0 6,242 0 EQUIPMENT RENTAL/MAINTENA 0 5,891 0 PENALTY 0 4,885 0 GRADUATION EXPENSE 3,544 0 0 RESEARCH EXPENSES 3,294 0 0 TAX AND LICENSE 0 2,463 0 AUTO EXPENSES 0 1,249 0 AMORTIZATION 0 -172 0 BANK CHARGE 0 -1,527 0 DEPRECIATION 0 -55,768 0 TOTAL 258,000 102,292 0 |
| FORM 990, PART XI, LINE 9 | BOOK / TAX DEPRECIATION DIFFERENCE -135 |
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