2019-05-14T14:55:22-05:00 2018-06-30 381357951 PLANTE & MORAN PLLC 8181 E TUFTS AVENUE SUITE 600 DENVER CO 802372843 990 2017-07-01 841029228 NAROPA UNIVERSITY NARO 3034440202 2130 ARAPAHOE AVE BOULDER CO 80302 CHARLES LIEF PRESIDENT 3037409400 2019-05-09 1 DORI J EGGETT P00645252 3037409400 2019-05-09 208.42.238.142 2019-05-09 16:11:47 MD P F821929016DC0F48A42118C677E65E4DF9420738 BCC677DA07C98709286CCD4E93D150D7F88F178C 2017 2019-02-21 02:37:17Z CHARLES LIEF 2130 ARAPAHOE AVE BOULDER CO 80302 29864117 0 X WWW.NAROPA.EDU X 1974 CO SEE SCHEDULE O 18 14 872 30 -2319 2266 2217540 939000 26373219 27608212 373017 1142548 84648 134807 29048424 29824567 5756742 7028476 0 0 15853268 15110008 0 0 546641 7631515 8336200 29241525 30474684 -193101 -650117 33367291 31187329 13181892 12324567 20185399 18862762 X SEE SCHEDULE O. 0 0 24733278 6917315 26181875 THE UNIVERSITY OFFERS UNDERGRADUATE, GRADUATE AND CONTINUING EDUCATION PROGRAMS IN ARTS, SOCIAL SCIENCES AND THE HUMANITIES. IT IS ACCREDITED BY THE HIGHER LEARNING COMMISSION. THERE ARE APPROXIMATELY 1,000 GRADUATE AND UNDERGRADUATE STUDENTS. INSTRUCTION, STUDENT SERVICES, AND ACADEMIC SUPPORT PROGRAM SERVICES ALL SUPPORT THE UNIVERSITY'S PURPOSE AND MISSION TO EDUCATE THE WHOLE PERSON. 536257 46836 594299 ALAYA PRESCHOOL OPERATES AS A PRESCHOOL AND CHILD CARE FACILITY SERVING CHILDREN AND THEIR FAMILIES IN THE GREATER BOULDER AREA. AS PART OF NAROPA UNIVERSITY, ALAYA PRESCHOOL OPERATES AS A LAB SCHOOL SERVING STUDENTS IN NAROPA'S EARLY CHILDHOOD AND CONTEMPLATIVE EDUCATION PROGRAMS. ALAYA IS LICENSED BY THE COLORADO DEPARTMENT OF HUMAN SERVICES, DIVISION OF CHILD CARE AND SERVES APPROXIMATELY 60 FAMILIES. FINANCIAL SUPPORT IS PROVIDED FOR SOME FAMILIES THROUGH SCHOLARSHIPS FOR TUITION ASSISTANCE. 518841 64325 698098 STUDENT HOUSING FOR THOSE UNDERGRADUATES THAT ARE REQUIRED TO LIVE IN STUDENT HOUSING OR THOSE STUDENTS THAT ELECT TO LIVE IN STUDENT HOUSING. 161300 133940 NAROPA COMMUNITY COUNSELING CENTER INTEGRATES CONTEMPLATIVE APPROACHES WITH MODERN CLINICAL PRACTICE TO ASSIST OUR CLIENTS IN REACHING THEIR HIGHEST LEVEL OF EMOTIONAL AND MENTAL WELL-BEING. WE PROVIDE CUTTING EDGE, TRANSFORMATIVE INTERVENTION ACROSS A BROAD RANGE OF THERAPEUTIC SERVICES. NAROPA COMMUNITY COUNSELING SERVES BOULDER AND FRONT RANGE RESIDENTS WITH LOW TO MODERATE INCOME, WITH SLIDING SCALE SERVICES FROM $30-90. WE ALSO ACCEPT MEDICAID. 161300 133940 25949676 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 1 148 0 1 872 1 1 1 0 0 0 0 0 0 0 0 0 X 18 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 X TYLER KELSCH 3035463569 2130 ARAPAHOE AVE BOULDER CO 80302 JERRY COLONNA CHAIRMAN 1.00 X X 0 0 0 THOMAS HAST TRUSTEE 1.00 X 0 0 0 WILLIAM HULLEY TRUSTEE 1.00 X 0 0 0 DIANE ISRAEL TRUSTEE 1.00 X 12476 0 152 CAROLYN JACOBS TRUSTEE 1.00 X 0 0 0 MARTIN JANOWITZ TRUSTEE 1.00 X 0 0 0 LYNN KATZMANN SECRETARY 1.00 X X 0 0 0 ROBIN BRUCE TRUSTEE 1.00 X 0 0 0 TYLER NORRIS TRUSTEE 1.00 X 0 0 0 JIM ROSEN TRUSTEE 1.00 X 0 0 0 VIJAY SINGH TRUSTEE 1.00 X 0 0 0 MARK WILDING TRUSTEE 1.00 X 2964 0 0 UGUR KOCATASKIN FACULTY TRUSTEE 40.00 X 50060 0 5639 SHERRY GOBALEZA TRUSTEE 1.00 X 0 0 0 JUDITH DACK TRUSTEE 1.00 X 0 0 0 BART LEONARD TRUSTEE 1.00 X 0 0 0 SAMANTHA SANDERSON TRUSTEE 1.00 X 0 0 0 CHARLES LIEF UNIVERSITY PRESIDENT 40.00 X X 236586 0 10544 TYLER A KELSCH VP OPERATIONS 40.00 X 130973 0 13782 JANET CRAMER PROVOST AND VP FOR ACADEMIC AFFAIRS 40.00 X 165193 0 11704 CHERYL BARBOUR SPECIAL ADVISOR TO THE PRESIDENT 40.00 X 131384 0 15321 729636 0 57142 4 0 1 0 LEAPNOW INC 11640 STATE HIGHWAY 128 CALISTOGA CA 94515 STUDY ABROAD PROGRAM ADMINISTRATOR 870254 JENZABAR PO BOX 55018 BOSTON MA 022055018 SOFTWARE SUPPORT 822999 INTERPLICITY LLC 2334 BANCROFT AVENUE LOS ANGELES CA 90039 DEVLOPMENT OF ONLINE DELIVERY OF PROGRAM 259082 WHERE THERE BE DRAGONS LLC 741 PEARL STREET BOULDER CO 80302 STUDY ABROAD PROGRAM ADMINISTRATOR 206930 SHAMBHALA MOUNTAIN CENTER 151 SHAMBHALA WAY RED FEATHER LAKE CO 80545 STUDENT RETREAT FACILITY 164116 5 40909 160978 737113 64389 939000 TUITION & FEES 611710 25708727 25708727 AUXILIARY-HOUSING 611710 698098 698098 OTHER PROGRAM REVENUE 611710 607088 607088 AUXILIARY-PRESCHOOL 611710 594299 594299 27608212 252663 252663 890434 0 549 890434 -549 889885 889885 32817 40909 39001 -6184 -6184 OTHER REVENUE 900099 143310 143310 UBI FROM K-1S 900099 -2319 -2319 140991 29824567 27608212 -2319 1279674 7028476 7028476 640072 232595 407477 11748467 9752567 1707760 288140 1807261 1456652 310849 39760 914208 736851 157244 20113 51207 51207 68950 68950 618649 498631 106408 13610 594452 479128 102246 13078 82920 66834 14262 1824 1010957 509684 417321 83952 1222063 984983 210195 26885 377692 304420 64963 8309 90853 73227 15627 1999 395813 319025 68080 8708 839201 676396 144343 18462 EDUCATION MATERIAL 2031525 2031525 MERCHANT FEES, TAXES, L 191103 154029 32870 4204 EQUIPMENT & MAINTENANCE 190138 153251 32704 4183 DUES AND SUBSCRIPTIONS 164737 132778 28335 3624 405940 358624 37526 9790 30474684 25949676 3978367 546641 2244103 1533969 330435 255181 761889 269570 788195 476263 296659 266572 330965 167214 30748352 10517566 20934534 20230786 7637297 7971345 43214 16429 33367291 31187329 1167145 975182 431643 196440 10399169 10071855 858780 834210 325155 246880 13181892 12324567 X 16134668 15099780 1719092 1414192 2331639 2348790 20185399 18862762 33367291 31187329 X -650117 -674840 2319 X 0 1 X 1 1 1 X 82449 X X 0 7637297 17151 550002 233105 7971345 7038183 41133 719225 161244 7637297 6999641 576705 -328607 209556 7038183 6792014 280147 87905 160425 6999641 5957688 295943 625435 59176 27876 6792014 0.62700 0.29470 0.07830 0 0 6290241 6290241 20024342 6926234 13098108 59849 21630 38219 2555187 2129151 426036 1818733 1440551 378182 20230786 PERKINS FUND PAYABLE 197230 STUDENT DEPOSITS 49650 246880 X 22162571 -674840 -674840 22837411 6987156 6987156 29824567 23485208 0 23485208 6989475 6989475 30474683 PART III, LINE 4: THE ARTWORK IS COMPOSED OF PAINTINGS, CALLIGRAPHIES, SLIDES, AND PHOTOS THAT PROVIDE HISTORICAL REFERENCES TO THE SCHOOL'S FOUNDER AND HERITAGE. PART V, LINE 4: EACH YEAR, THE UNIVERSITY CAN USE UP TO 5% OF THE FAIR MARKET VALUE FROM ENDOWMENT FUNDS FOR SCHOLARSHIPS AND OTHER PURPOSES AS SPECIFIED BY THE DONOR IN THE ENDOWMENT AGREEMENT. PART X, LINE 2: THE UNIVERSITY APPLIES A MORE-LIKELY-THAN-NOT MEASUREMENT METHODOLOGY TO REFLECT THE FINANCIAL STATEMENT IMPACT OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. AFTER EVALUATING THE TAX POSITIONS TAKEN, NONE ARE CONSIDERED TO BE UNCERTAIN; THEREFORE, NO AMOUNTS HAVE BEEN RECOGNIZED AS OF JUNE 30, 2018 AND 2017. IF INCURRED, INTEREST AND PENALTIES ASSOCIATED WITH TAX POSITIONS ARE RECORDED IN THE PERIOD ASSESSED IN MANAGEMENT AND GENERAL EXPENSES. NO INTEREST OR PENALTIES HAVE BEEN ASSESSED AS OF JUNE 30, 2018 AND 2017. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS & GRANTS NETTED WITH TUITION REVENUE PER FS 6,917,315. UBI FROM K-1S -2,319. ALAYA SCHOLARSHIPS 46,836. HOUSING GRANTS 64,325. FUNDRAISING EXPENSES -39,001. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS & GRANTS NETTED WITH TUITION REVENUE PER FS 6,917,315. ALAYA SCHOLARSHIPS 46,836. HOUSING GRANTS 64,325. FUNDRAISING EXPENSES -39,001. 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 STATEMENT IS POSTED ON THE UNIVERSITY'S PUBLIC WEBSITE. SCHEDULE E, PART I, LINE 6 NAROPA OFFERS STUDENT LOANS THROUGH GOVERNMENT PROGRAMS SUCH AS PELL, STAFFORD, PERKINS, AND DIRECT LOANS. NAROPA ALSO HAS STUDENT WORKERS AND RECEIVES A SUBSIDY FROM THE GOVERNMENT TO OFFSET A PORTION OF THEIR COMPENSATION. SOUTH ASIA 0 PROGRAM SERVICES STUDY ABROAD - LEAP 695604 CENTRAL AMERICA AND THE CARIBEAN 0 PROGRAM SERVICES STUDY ABROAD - LEAP 618315 SOUTH ASIA 0 PROGRAM SERVICES STUDY ABROAD - BHUTAN 74500 EAST ASIA AND THE PACIFIC 0 PROGRAM SERVICES STUDY ABROAD - WTBD 27256 SOUTH AMERICA 0 PROGRAM SERVICES STUDY ABROAD - WTBD 69619 SOUTH ASIA 0 PROGRAM SERVICES STUDY ABROAD - WTBD 110055 0 0 0 0 0 0 1595349 0 1595349 1 0 0 0 0 0 1 SCHOLARSHIPS, TUITION DISCOUNTS, STUDENT AID 687 6917315 ALAYA PRESCHOOL FINANCIAL NEED BASED ASSISTANCE 26 46836 HOUSING DISCOUNTS 13 64325 PART I, LINE 2: THE FINANCIAL AID OFFICE MONITORS STUDENTS ADHERENCE TO ACADEMIC SCHOLARSHIP REQUIREMENTS SUCH AS GPA AND SATISFACTORY ACADEMIC PROGRESS. SCHEDULE I, PART III ALAYA PRESCHOOL HAS CHILDREN WHO RECEIVE SOME SCHOLARSHIP SUPPORT IN THE FORM OF TUITION REDUCTION IN ADDITION TO OTHER CHILDREN THAT RECEIVE SUPPORT VIA CCCAP (COLORADO CHILD CARE ASSISTANCE PROGRAM). THIS IS A STATE FUNDED PROGRAM FOR LOW INCOME FAMILIES. THE ORGANIZATION DOES NOT GET FULLY REIMBURSED FOR THE REGULAR COST OF CARE SO SCHOLARSHIPS ARE USED TO FUND THE DIFFERENCE FOR THESE FAMILIES. X X 1 1 X X 0 0 0 0 0 0 0 0 0 CHARLES LIEF UNIVERSITY PRESIDENT 235386 0 0 0 1200 0 2986 0 7558 0 247130 0 0 0 JANET CRAMER PROVOST AND VP FOR ACADEMIC AFFAIRS 165193 0 0 0 0 0 2141 0 9563 0 176897 0 0 0 PART I, LINE 1A PRESIDENT IS REIMBURSED FOR 50% OF THE COST FOR HAVING THE HOUSE CLEANED. THE HOME IS USED TO HOST MANY OF THE UNIVERSITY'S EVENTS. AS SUCH, THE PORTION OF THE CLEANING COSTS REIMBURSED BY THE UNIVERSITY IS CONSIDERED A BUSINESS EXPENSE TO THE UNIVERSITY AND IS NOT CONSIDERED TAXABLE INCOME TO THE PRESIDENT. THE PRESIDENT RENTS A HOME FROM THE UNIVERSITY IN WHICH HE AND HIS FAMILY RESIDE. THE RENT PAID IS AT FAIR MARKET VALUE. THIS TRANSACTION IS DISCLOSED ON SCHEDULE L OF THE RETURN. A COLORADO EDUCATION & CULTURAL FACILITIES AUTHORITY SERIES 2013B 840896727 NONEAVAIL 2013-11-01 7454082 REFUND OF 2005 BOND ISSUE AND CAPITAL IMPROVEMENTS 0 0 0 B COLORADO EDUCATION & CULTURAL FACILITIES AUTHORITY SERIES 2013A 840896727 NONEAVAIL 2015-05-01 4452435 REFUND OF 1999 BOND ISSUE 0 0 0 A 7454082 149082 2210000 5095000 2014 1 0 1 1 B 4452435 4452435 2014 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 PART II, LINE 11 $5,095,000 OF THE PROCEEDS FROM THE SERIES 2013B BOND ISSUANCE WERE USED TO REFUND THE SERIES 2005 BONDS. $4,452,435 OF THE PROCEEDS FROM THE SERIES 2013A BOND ISSUANCE WERE USED TO REFUND THE SERIES 1999 BONDS. CHARLES LIEF UNIVERSITY PRESIDENT 60000 RESIDENCE RENTAL 0 X 3 10000 FAIR MARKET VALUE X 880 FAIR MARKET VALUE X 13418 FAIR MARKET VALUE X 2 30692 FAIR MARKET VALUE X 2 828 FAIR MARKET VALUE X AUCTION ITEMS 32 8571 FAIR MARKET VALUE 0 1 0 FORM 990, PART 1, LINE 1 NAROPA RECOGNIZES THE INHERENT GOODNESS AND WISDOM OF EACH HUMAN BEING. IT EDUCATES THE WHOLE PERSON, CULTIVATING ACADEMIC EXCELLENCE AND CONTEMPLATIVE INSIGHT IN ORDER TO INFUSE KNOWLEDGE WITH WISDOM. THE UNIVERSITY NURTURES IN ITS STUDENTS A LIFELONG JOY IN LEARNING, A CRITICAL INTELLECT, THE SENSE OF PURPOSE THAT ACCOMPANIES COMPASSIONATE SERVICE TO THE WORLD, AND THE OPENNESS AND EQUANIMITY THAT ARISE FROM AUTHENTIC INSIGHT AND SELF-UNDERSTANDING. ULTIMATELY, NAROPA STUDENTS EXPLORE THE INNER RESOURCES NEEDED TO ENGAGE COURAGEOUSLY WITH A COMPLEX AND CHALLENGING WORLD, TO HELP TRANSFORM THAT WORLD THROUGH SKILL AND COMPASSION, AND TO ATTAIN DEEPER LEVELS OF HAPPINESS AND MEANING IN THEIR LIVES. DRAWING ON THE VITAL INSIGHTS OF THE WORLD'S WISDOM TRADITIONS, THE UNIVERSITY IS SIMULTANEOUSLY BUDDHIST-INSPIRED, ECUMENICAL, AND NONSECTARIAN. NAROPA VALUES ETHNIC AND CULTURAL DIFFERENCES FOR THEIR ESSENTIAL ROLE IN EDUCATION. IT EMBRACES THE RICHNESS OF HUMAN DIVERSITY WITH THE AIM OF FOSTERING A MORE JUST AND EQUITABLE SOCIETY AND AN EXPANDED AWARENESS OF OUR COMMON HUMANITY. A NAROPA EDUCATIONREFLECTING THE INTERPLAY OF DISCIPLINE AND DELIGHTPREPARES ITS GRADUATES BOTH TO MEET THE WORLD AS IT IS AND TO CHANGE IT FOR THE BETTER. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WAS PREPARED BY AN INDEPENDENT CPA FIRM AND REVIEWED BY THE FINANCE TEAM AND PRESIDENT BEFORE BEING FILED WITH THE IRS. THE REVIEWED FORM 990 IS THEN FORWARDED TO THE ORGANIZATION'S BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO DISCLOSE CONFLICTS OF INTEREST ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE SALARIES FOR THE PRESIDENT, VICE PRESIDENTS AND OTHER HIGH RANKING EMPLOYEES ARE SET BY THE BOARD IN CONJUNCTION WITH THE HR DEPARTMENT AND PRESIDENT. BOARD MEMBERS INVOLVED WILL USUALLY INCLUDE THE CHAIRMAN OF THE BOARD, THE CHAIR OF THE BUDGET AND FINANCE COMMITTEE, AND MEMBERS OF THE EXECUTIVE COMMITTEE OF THE BOARD. HR USES CUPA (COLLEGE AND UNIVERSITY PERSONNEL ASSOCIATION) TO GET COMPARABLE SALARY INFORMATION FOR SIMILAR POSITIONS AT SCHOOLS WITH SIMILAR SIZE AND REVENUE. THE DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN THE BOARD MINUTES. 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 XI, LINE 9: UBI FROM K-1S 2,319.