2019-03-04T15:50:44-06:00 2018-06-30 410746749 CLIFTONLARSONALLEN LLP 301 N LAKE AVE SUITE 900 PASADENA CA 91101 990 2017-07-01 956002998 VANGUARD UNIVERSITY OF SO CAL VANG 7145563610 55 FAIR DRIVE COSTA MESA CA 92626 JEREMY MOSER CFO 7145563610 2019-02-22 1 KAREN GRIES P00078514 6267933600 2019-02-22 67.137.57.251 2019-02-22 08:56:46 CS P 3C05182BCE949607266F40F8D21D5C2A178D6925 3018D2C7A8EF8E88940F980D8F52F9F97466C021 2017 2019-02-21 02:37:17Z MICHAEL J BEALS 55 FAIR DRIVE COSTA MESA CA 92626 71667827 0 X WWW.VANGUARD.EDU X 1920 CA TO EQUIP EACH STUDENT FOR A SPIRIT-EMPOWERED LIFE OF CHRIST-CENTERED LEADERSHIP AND SERVICE. 23 19 1086 487 22810 19667 5821255 6735059 62033528 64597569 123015 206148 78537 -15786 68056335 71522990 20610445 22264058 0 0 24770528 26328323 40000 65000 874006 18919105 18603137 64340078 67260518 3716257 4262472 49191138 51281292 24416732 22798241 24774406 28483051 X THE MISSION OF VANGUARD UNIVERSITY IS TO PURSUE KNOWLEDGE, CULTIVATE CHARACTER, DEEPEN FAITH AND EQUIP EACH STUDENT FOR A SPIRIT-EMPOWERED LIFE OF CHRIST CENTERED LEADERSHIP AND SERVICE. 0 0 44866905 22018763 57849310 TRADITIONAL UNDERGRADUATE: BACHELOR'S DEGREES IN 25 MAJORS. VANGUARD'S STUDENTS ARE IMMERSED IN AN ENVIRONMENT DESIGNED TO HELP THEM EXCEL. VU'S COMMITMENT TO GO BEYOND ACADEMICS LEADS TO ACADEMIC TRANSFORMATION, WHERE STUDENTS CAN CULTIVATE NEW ABILITIES TO THINK CRITICALLY, COMMUNICATE CLEARLY AND INTERACT INTELLIGENTLY. VANGUARD'S RELATIONAL CULTURE IS DESIGNED TO FOSTER SERVING ONE ANOTHER, OUR CITY, AND OUR WORLD IN PRACTICAL WAYS THROUGH LOCAL AND GLOBAL MISSIONS PROJECTS. 2112064 84919 2615294 PROFESSIONAL STUDIES (ADULT PROFESSIONALS): BACHELOR'S DEGREES IN BUSINESS, PSYCHOLOGY, RELIGION, NURSING (REGISTERED NURSE TO BACHELOR OF SCIENCE IN NURSING), AND EARLY CHILDHOOD EDUCATION (EC). EC HAS COURSEWORK LEADING TO A CERTIFICATE AS A STUDENT-AT-LARGE (NON-DEGREE SEEKING). THE SCHOOL FOR PROFESSIONAL STUDIES' (PS) VISION IS TO BE ORANGE COUNTY'S TOP CHOICE FOR A PROFESSIONAL EDUCATION WITH A CHRISTIAN FOUNDATION, A PLACE WHERE STUDENTS ARE EMPOWERED TO DISCERN THEIR CALLING; DISCOVER THEIR GIFTEDNESS; AND DEVELOP THEIR COMPETENCIES. PS HAS AN EXTENSION IN BAKERSFIELD (CA) AND IS AUTHORIZED TO LAUNCH A NEW SITE IN VICTORVILLE (CA). 773687 27240 1031584 GRADUATE EDUCATION: AWARDING FIVE DISTINCT MASTER'S DEGREES IN ADDITION TO MULTIPLE SUBJECT AND SINGLE SUBJECT CALIFORNIA PRELIMINARY TEACHING CREDENTIALS: 1) M.A. AND A PRELIMINARY CREDENTIAL, 2) M.A. TEACHING CREDENTIAL AND CHRISTIAN EDUCATION LEADERSHIPS, 3) M.A. AND CHRISTIAN EDUCATION LEADERSHIP, 4) M.A. WITH TEACHER LEADERSHIP EMPHASIS, 5) M.A. INDUCTION. 2109858 133136 3101381 OTHER MISCELLANEOUS AND GRADUATE PROGRAMS 2109858 133136 3101381 49862514 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 0 1 1 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 1 152 0 1086 1 1 1 0 0 0 0 1 1 0 0 0 0 X 23 19 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X JEREMY MOSER 7145563610 55 FAIR DRIVE COSTA MESA CA 92626 LARRY ALLBAUGH TRUSTEE 1.00 0.00 X 0 0 0 LULA BALLTON TRUSTEE 1.00 0.00 X 0 0 0 AUGUSTUS GUS CERILLO TRUSTEE 1.00 0.00 X 0 0 0 BRUCE DURKEE TRUSTEE 1.00 0.00 X 0 0 0 NATHAN GONZALES TRUSTEE 1.00 0.00 X 0 0 0 DOUGLAS GREEN CHAIRMAN 2.00 0.00 X 0 0 0 RICHARD M GUERRA TRUSTEE 1.00 0.00 X 0 0 0 CINDEE HEATH TRUSTEE 1.00 0.00 X 0 0 0 DON JUDKINS TRUSTEE 1.00 0.00 X 0 0 0 BYRON KLAUS TRUSTEE 1.00 0.00 X 0 0 0 JOHN C MARTIN SECRETARY 1.00 0.00 X X 0 0 0 JEFF MOTSKE TRUSTEE 1.00 0.00 X 0 0 0 SERGIO NAVARRETE TRUSTEE 1.00 0.00 X 0 0 0 DAVID ODDO TRUSTEE 1.00 0.00 X 0 0 0 DALE OQUIST TRUSTEE 1.00 0.00 X 0 0 0 TOM PRINCE TRUSTEE 1.00 0.00 X 0 0 0 DONN REDIGER TRUSTEE 1.00 0.00 X 0 0 0 PHIL ROBINETTE VICE CHAIR 1.00 0.00 X X 0 0 0 RUSSELL P SPITTLER TRUSTEE 1.00 0.00 X 0 0 0 NICOLE SUYDAM TRUSTEE 1.00 0.00 X 0 0 0 JOHANNA TOWNSEND TRUSTEE 1.00 0.00 X 0 0 0 KENNETH WAYMAN TRUSTEE 1.00 0.00 X 0 0 0 GEORGE O WOOD TRUSTEE 1.00 0.00 X 0 0 0 MICHAEL J BEALS DIRECTOR/PRESIDENT 40.00 2.00 X X 186370 0 116518 DORETHA O'QUINN VICE-PRESIDENT/VP ACADEMIC AFFAIRS 40.00 0.00 X 111484 0 83249 JEREMY MOSER CHIEF FINANCIAL OFFICER 40.00 2.00 X 68400 0 112498 KIMBERLY JOHNSON VP ENROLLMENT MGMT 40.00 0.00 X 173115 0 415 JUSTIN MCINTEE VP UNIVERSITY ADVANCEMENT 40.00 2.00 X 124337 0 56101 MARY WICKMAN FACULTY 40.00 0.00 X 117464 0 26264 TIMOTHY YOUNG VP STUDENT AFFAIRS 40.00 0.00 X 103331 0 57817 PETE MENJARES VP INST FOR FACULTY DEVELOPMENT 40.00 0.00 X 115673 0 12336 MICHAEL WILSON DEAN OF THE UNIVERSITY 40.00 0.00 X 110792 0 12149 1110966 0 477347 11 0 1 0 BON APPETIT 2400 YORKMONT RD CHARLOTTE NC 28217 FOOD SERVICES 2873280 ARAMARK 24818 NETWORK PLACE CHICAGO IL 606731248 MAINTENANCE AND GROUNDS KEEPING 1849858 THE HILL PARTNERSHIP INC 115 22ND STREET NEWPORT BEACH CA 92663 ARCHITECT 1467164 CONSOLIDATED CONTRACTED SERVICES 181 AVENIDA LA PATA 200 SAN CLEMENTE CA 92673 BASEBALL FIELD RENOVATION 564100 NET DEVELOPMENT COMPANY 3130 AIRWAY AVE COSTA MESA CA 92626 THEATRE IMPROVEMENTS 457129 6 219626 385822 772853 5356758 170205 6735059 STUDENT TUITION & FEES 611710 54309032 54309032 AUXILIARY ENTERPRISES 611710 9261206 9261206 SUPPORT SERVICES - OTHER 611710 1027331 1027331 64597569 206148 206148 45407 45407 60834 219626 144837 -84003 -84003 RENTAL REVENUE 900099 22810 22810 22810 71522990 64597569 22810 167552 22264058 22264058 1170590 970718 199872 20715770 15706622 4875554 133594 536080 370589 157257 8234 2364167 1194559 1120206 49402 1541716 1104376 416756 20584 5619854 3608092 1932338 79424 53397 53397 49750 49750 65000 65000 1730361 90269 1640092 206016 28691 177325 2178631 1211992 759538 207101 1494201 321746 1172455 882343 426593 455750 1248571 1035455 181044 32072 313765 209577 104188 490373 257688 232685 2776641 1459108 1317533 472659 3065 469594 DUES AND SUBSCRIPTIONS 327138 113940 166823 46375 EVENTS 284979 216717 35914 32348 PROFESSIONAL DEVELOPMEN 238134 137266 100868 PROPERTY TAX 132824 132824 103500 102111 1389 67260518 49862514 16523998 874006 1849394 840571 1038601 2680554 1091083 1200202 4110511 2294198 1232230 1208745 75404805 38692266 35135166 36712539 3371464 5583390 1362689 761093 49191138 51281292 2939572 3591731 2703712 3581485 16446722 13372041 2326726 2252984 24416732 22798241 X 20639702 21344516 4134704 7138535 0 0 24774406 28483051 49191138 51281292 X 4262472 -553827 X X 0 1 X 1 1 1 X 0 0 0 0 0 1 15000 0 0 0 15000 0 PART II-B, LINE 1: PAYMENT TO A GRASSROOTS LOBBYING COALITION IN REGARDS TO CALIFORNIA PROPOSED LEGISLATION OF SB1146. 5143927 363504 464574 385822 35713 5550470 4652170 266331 554498 305739 23333 5143927 4927546 104862 -67735 295300 17203 4652170 4720315 353438 22316 140461 28062 4927546 3631345 603635 621130 114745 21050 4720315 0.75000 0.25000 0 1 1 1278462 1278462 58477333 29490590 28986743 6031872 901736 5130136 4960443 4172423 788020 4656695 4127517 529178 36712539 MPIC - CLASS 1 4884732 F LOAN FUND CERTIFICATES 380000 F OTHER 318658 F 5583390 TUITION REMISSION LIABILITY 91882 TRUST REMAINDER LIFE OBLIGATONS 319010 PERKINS LOAN LIABILITY 1780759 STUDENT REFUNDABLE CREDITS 61333 2252984 X PART V, LINE 4: THE ENDOWMENT ASSETS ARE HELD BY THE VANUARD UNIVERSITY FOUNDATION AND INVESTED IN MUTUAL FUNDS AND EQUITY SECURITIES. THE EARNINGS ARE USED TO FUND SCHOLARSHIPS FOR STUDENTS OF VANGUARD UNIVERSITY OF SOUTHERN CALIFORNIA. PART X, LINE 2: IN ACCORDANCE WITH PROVISIONS OF GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, THE UNIVERSITY HAD NO UNCERTAIN TAX POSTIONS AND/OR OBLIGATIONS AT JUNE 30, 2018 AND 2017. 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 ORGANIZATION PRIMARILY SOLICITS THROUGH MAIL AND ON-LINE APPLICATIONS TO PROSPECTIVE STUDENTS. THESE INCLUDE UNDERGRADUATE, GRADUATE, AND ADULT PROGRAMS. ALL APPLICATIONS INCLUDE THE UNIVERSITY'S NONDISCRIMINATION POLICY. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES FUNDING FROM THE FEDERAL GOVERNMENT, AND AS A RESULT, IS REQUIRED TO COMPLY WITH VARIOUS REGULATIONS RELATED TO THOSE FUNDING PROGRAMS. X X X X X X X 1 COMMUNITY COUNSELING SERVICES PO BOX 824885 PHILADELPHIA PA 191824885 FUNDRAISING 0 0 65000 -65000 65000 -65000 CA CHRISTMAS FANTASIA 171829 125155 46674 32616 4065 13025 14581 PRICELESS LUNCHEON 108631 94471 14160 42084 2301 33386 2779 280460 219626 60834 74700 6366 46411 17360 144837 -84003 1 FINANCIAL AID - SCHOLARSHIPS 1628 22264058 PART I, LINE 2 VANGUARD UNIVERSITY AWARDS MERIT AND NEED-BASED SCHOLARSHIPS AND GRANTS TO TRADITIONAL UNDERGRADUATES AND MERIT SCHOLARSHIPS AND GRANTS TO GRADUATE STUDENTS. AWARDS ARE BASED ON ELIGIBILITY CRITERIA INCLUDING ACADEMIC, TALENT AND PARTICIPATION, AND INCENTIVE INCLUDING DENOMINATION, MINISTRY/MISSIONARY DEPENDENT. CONTINUED ELIGIBILITY INCLUDING MAINTENANCE GPA IS MONITORED BY THE FINANCIAL AID OFFICE. NEED-BASED AWARDS REQUIRE DEMONSTRATED NEED AS DETERMINED BY THE FAFSA AND REQUIRES FILING THE FAFSA BY THE MARCH 2 PRIORITY DEADLINE EACH YEAR AND CONTINUED DEMONSTRATION OF NEED. THE MAJORITY OF THE AWARDS ARE FUNDED BY THE INSTITUTIONAL AID BUDGET BUT SMALL NUMBER ARE FUNDED BY THE ENDOWMENT AND HAVE DONOR SPECIFIC CRITERIA. THE FINANCIAL AID OFFICE WORKS WITH UNIVERSITY ADVACEMENT AND FISCAL MANGEMENT TO AWARD THESE FUNDS. X 1 1 X X 0 0 0 0 0 0 0 0 0 MICHAEL J BEALS DIRECTOR/PRESIDENT 184637 0 0 0 1733 0 9900 0 106618 0 302888 0 0 0 DORETHA O'QUINN VICE-PRESIDENT/VP ACADEMIC AFFAIRS 107951 0 0 0 3533 0 10847 0 72402 0 194733 0 0 0 JEREMY MOSER CHIEF FINANCIAL OFFICER 68139 0 0 0 261 0 18000 0 94498 0 180898 0 0 0 KIMBERLY JOHNSON VP ENROLLMENT MGMT 172700 0 0 0 415 0 0 0 415 0 173530 0 0 0 JUSTIN MCINTEE VP UNIVERSITY ADVANCEMENT 124091 0 0 0 246 0 0 0 56101 0 180438 0 0 0 TIMOTHY YOUNG VP STUDENT AFFAIRS 102957 0 0 0 374 0 10043 0 47774 0 161148 0 0 0 PART I, LINE 1A HOUSING ALLOWANCE IS PROVIDED TO THE PRESIDENT, THE CFO, THE VP OF UNIVERSITY ADVANCEMENT AND THE VP OF ACADEMIC AFFAIRS. THE BENEFIT IS TREATED AS A NON-TAXABLE BENEFIT, DUE TO THE MINISTERIAL EXCEPTION. 24480 INSTITUTIONAL AID X 2 13159 MARKET QUOTE X BASEBALL FIELD RENOVATION MATERIALS & SERVICES 1 157046 CONTRACT VALUE 0 1 0 FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE CHAIR, WHO SHALL SERVE AS THE CHAIR OF THE EXECUTIVE COMMITTEE; THE VICE CHAIR; THE PRESIDENT; THE SECRETARY; THE CHAIRS OF ALL OTHER STANDING COMMITTEES; THE DISTRICT SUPERINTENDENT OF THE DISTRICT COUNCIL, EX OFFICIO; AND UP TO TWO (2) TRUSTEES AT LARGE, WHO SHALL BE ELECTED BY THE BOARD OF TRUSTEES, UPON NOMINATION BY THE COMMITTEE ON TRUSTEES, AND SERVE FOR NO MORE THAN TWO CONSECUTIVE TWO YEAR TERMS. THE EXECUTIVE COMMITTEE SHALL HAVE ALL THE POWER AND EXERCISE ALL THE DUTIES OF THE BOARD OF TRUSTEES IN THE MANAGEMENT OF THE BUSINESS OF THE CORPORATION WHILE THE BOARD OF TRUSTEES IS NOT IN SESSION, EXCEPT AS SPECIFICALLY LIMITED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP OF VANGUARD UNIVERSITY SHALL CONSIST OF THOSE INDIVIDUALS WHO SERVE AS THE EXECUTIVE PRESBYTERY, AS DEFINED IN THE BYLAWS OF THE DISTRICT COUNCIL OF THE ASSEMBLIES OF GOD. THE MEMBERS RATIFY THE UNIVERSITY'S MISSION AND AMENDMENTS OR RESTATEMENTS OF THE UNIVERSITY'S BYLAWS. DISSOLUTION, SALE, OR MERGER OF THE UNIVERSITY REQUIRES TWO-THIRDS VOTE OF THE MEMBERS. UPON DISSOLUTION ANY REMAINING ASSETS OF THE UNIVERSITY SHALL BE DISTRIBUTED TO THE SOUTHERN CALIFORNIA DISTRICT COUNCIL OF THE ASSEMBLIES OF GOD, IRVINE, CALIFORNIA IF IN GOOD STANDING AS A TAX EXEMPT 501(C)3 ORGANIZATION. OTHERWISE THE DISTRIBUTIONS WILL BE MADE TO THE GENERAL COUNCIL OF THE ASSEMBLIES OF GOD, SPRINGFIELD, MISSOURI. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS SHALL RETAIN THE RIGHTS TO RATIFY ELECTIONS OF THE UNIVERSITY'S BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B ANY REMOVAL OF A UNIVERSITY BOARD OF TRUSTEE IS SUBJECT TO RATIFICATION BY A MAJORITY OF THE MEMBERS PRESENT AND VOTING AT A DULY CALLED MEMBERSHIP. MEETING DISSOLUTION, SALE, OR MERGER OF THE UNIVERSITY REQUIRES TWO-THIRDS VOTE OF THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE REVIEW AND APPROVAL PROCESS FOR THE UNIVERSITY'S TAX RETURN, FORM 990 INCLUDES THE FOLLOWING: 1) PREPARATION, WITH THE ASSISTANCE OF AN INDEPENDENT ACCOUNTING FIRM, BY MANAGEMENT, 2) A DETAILED REVIEW IS CONDUCTED BY THE AUDIT COMMITTEE, 3) A BRIEFING AND REVIEW OF MAJOR ISSUES (IF ANY EXISTS) GIVEN TO THE AUDIT COMMITTEE, PRIOR TO APPROVAL, 4) EACH BOARD MEMBER RECEIVES A COPY OF THE FORM 990 PRIOR TO ITS FILING, 5) APPROVAL BY BOARD OF TRUSTEES IS MADE THROUGH A RESOLUTION FROM THE AUDIT COMMITTEE, 6) BRIEFING, POST APPROVAL TO BOARD OF TRUSTEES ON ADHERENCE OF PROCESS, AND ANY MAJOR ISSUES NOTED, 7) THE 990 IS THEN FILED WITH THE INTERNAL REVENUE SEVICE. FORM 990, PART VI, SECTION B, LINE 12C THERE IS AN ANNUAL DISCLOSURE REQUIRED BY ALL TRUSTEES, CORPORATE OFFICERS, FOUNDATION BOARD MEMBERS, OFFICERS AND MEMBERS OF THE MANAGEMENT TEAM, UNIVERSITY FACULTY, AND ALL BENEFITED EMPLOYEES. ANY TRANSACTIONS THAT COULD GIVE RISE TO CONFLICT ARE REVIEWED BY THE APPROPRIATE GOVERNING BODY, MEANING BOARD OF TRUSTEES OR FOUNDATION BOARD. IF CONFLICT ARISES, THE PERSON RECUSES HIM OR HERSELF FROM DISCUSSION AND/OR VOTE ON THE TRANSACTION BEING DISCUSSED. THIS RECUSAL IS DOCUMENTED IN THE MEETING MINUTES. THERE HAVE BEEN NO KNOWN INCIDENCES IN WHICH THE INDIVIDUAL DID NOT RECUSE THEMSELVES DURING THIS REPORTING PERIOD. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS DETERMINED FOR THE PRESIDENT BY USING COMPARABLE DATA BASED ON LIKE UNIVERSITIES, WHICH IS REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD. THE PROCESS IS DOCUMENTED AND WAS LAST CONDUCTED BY THE EXECUTIVE COMMITTEE IN MAY 2018. COMPENSATION FOR ALL OTHER OFFICERS IS BASED ON COMPARABLE DATA REVIEWED BY THE PRESIDENT IN CONSULTATION WITH THE SENIOR DIRECTOR OF HUMAN RESOURCES. THIS PROCESS IS DOCUMENTED AND WAS LAST DONE IN MAY 2018. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS CONSOLIDATED AUDITED FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST INVESTMENT -20,721. LOSS ON REVALUATION OF OTHER ASSET -533,106. PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. VU HOLDINGS LLC 55 FAIR DRIVE COSTA MESA CA 92626 HOLDING OF ASSETS - OIL/GAS CA 45207 3571 VANGUARD UNIVERSITY OF SO CAL VANUGARD UNIVERSITY FOUNDATION 55 FAIR DRIVE COSTA MESA CA 92626 912764193 UNIVERSITY ENDOWED SCHOLARSHIP PROGRAMS CA 501(C)(3) LINE 12A, I VANGUARD UNIVERSITY OF SOUTHERN CALIFORNIA 1 SOUTHERN CALIFORNIA DISTRICT COUNCIL OF THE ASSEMBLIES OF GOD 17951 COWAN IRVINE CA 92614 A DISTRICT OF THE GENERAL COUNCIL OF THE ASSEMBLIES OF GOD (USA) CA 501(C)(3) LINE 1 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 VANGUARD UNIVERSITY FOUNDATION C 385822 CASH SOUTHERN CALIFORNIA DISTRICT COUNCIL OF THE ASSEMBLIES OF GOD C 66670 CASH