2017-05-10T17:28:09-05:00 2016-06-30 910189318 MOSS ADAMS LLP 4747 EXECUTIVE DRIVE SUITE 1300 SAN DIEGO CA 92121 990 2015-07-01 956002998 VANGUARD UNIVERSITY OF SO CAL VANG 7145563610 55 FAIR DRIVE COSTA MESA CA 92626 JEREMY MOSER CFO 7145563610 2017-05-10 1 PATRICIA J MAYER P00188643 8586271400 2015 2021-01-29 14:40:06Z JEREMY MOSER 55 FAIR DRIVE COSTA MESA CA 92626 62376488 0 X WWW.VANGUARD.EDU X 1920 CA TO EQUIP EACH STUDENT FOR A SPIRIT-EMPOWERED LIFE OF CHRIST-CENTERED LEADERSHIP AND SERVICE. 22 21 1074 385 11962 5392 3330291 2070680 61065921 60060242 -74701 98945 -446 -83606 64321065 62146261 19319779 19277414 0 0 23997749 24325257 0 0 558905 17640272 16850025 60957800 60452696 3363265 1693565 49386151 48409250 29971660 27323929 19414491 21085321 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 38344715 19173958 52652363 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. 2174923 3166 3724352 PROFESSIONAL STUDIES (ADULT PROFESSIONALS): BACHELOR'S DEGREES IN BUSINESS, PSYCHOLOGY, RELIGION, NURSING (REGISTERED NURSE TO BACHELOR OF SCIENCE IN NURSING), AND EARLY CHILDHOOD EDUCATION (ECE). ECE ALSO AWARDS AN ASSOCIATE'S DEGREE AND HAS COURSEWORK LEADING TO A CERTIFICATE AS A STUDENTATLARGE (NONDEGREE SEEKING). THE SCHOOL FOR PROFESSIONAL STUDIES' 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. 701061 1530 896262 GRADUATE EDUCATION: AWARDING FIVE DISTINCT MASTER'S DEGREES IN ADDITION TO MULTIPLESUBJECT AND SINGLESUBJECT 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. 2765124 98760 2787265 OTHER MISCELLANEOUS AND GRADUATE PROGRAMS, INCLUDING: M.A. IN EARLY CHILDHOOD EDUCATION; M.A. IN CLINICAL PSYCHOLOGY; M.A. IN RELIGION; M.A. IN NURSING; M.A. IN ORGANIZATIONAL PSYCHOLOGY. 2765124 98760 2787265 43985823 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 93 0 1 1074 1 1 1 0 0 0 0 1 1 0 0 0 0 X 22 21 0 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X JEREMY MOSER 7145563610 55 FAIR DRIVE COSTA MESA CA 92626 ALLBAUGH LARRY BOARD MEMBER 1.00 X 0 0 0 BEALS MICHAEL J UNIVERSITY PRESIDENT 40.00 2.00 X X 174732 0 71303 CERILLO AUGUSTS GUS BOARD MEMBER 1.00 X 0 0 0 CLARK DAVID W THRU 1016 BOARD MEMBER 1.00 X 0 0 0 DRESSELHAUS TIM THRU 1015 BOARD MEMBER 1.00 X 0 0 0 DURKEE BRUCE BOARD MEMBER 1.00 X 0 0 0 GONZALES NATHAN BOARD MEMBER 1.00 X 0 0 0 GREEN DOUGLAS BOARD MEMBER, CHAIR OF BOARD 2.00 X X 0 0 0 GUERRA RICHARD M BOARD MEMBER 1.00 X 0 0 0 JUDKINS DON BOARD MEMBER 1.00 X 0 0 0 KLAUS BYRON BOARD MEMBER 1.00 X 0 0 0 LIBERATORE DANA THRU 0216 BOARD MEMBER 1.00 X 0 0 0 MARTIN JOHN C BOARD MEMBER, CORP SECRETARY 2.00 X X 0 0 0 MOTSKE JEFF BOARD MEMBER 1.00 X 0 0 0 NAVARRETE SERGIO BOARD MEMBER 1.00 X 0 0 0 ODDO DAVID BOARD MEMBER 1.00 X 0 0 0 OQUIST DALE BOARD MEMBER 1.00 X 0 0 0 PRINCE TOM BOARD MEMBER 1.00 X 0 0 0 REDIGER DONN BOARD MEMBER 1.00 X 0 0 0 ROBINETTE PHIL BOARD MEMBER, VICE CHAIR 2.00 X X 0 0 0 SUYDAM NICOLE BOARD MEMBER 1.00 X 0 0 0 TOWNSEND JOHANNA BOARD MEMBER 1.00 X 0 0 0 WAYMAN KENNETH BOARD MEMBER 1.00 X 0 0 0 MOSER JEREMY CHIEF FINANCIAL OFFICER 40.00 2.00 X 56354 0 88045 JOHNSON KIMBERLY VP ENROLLMENT MGMT 40.00 X 157548 0 382 KANNWISCHER KELLY THRU 1115 VP UNIVERSITY ADVANCEMENT 40.00 2.00 X 152136 0 9258 MCINTEE JUSTIN VP UNIVERSITY ADVANCEMENT 40.00 2.00 X 133723 0 8149 O'QUINN DORETHA VP ACADEMIC AFFAIRS 40.00 X 126158 0 47968 WICKMAN MARY FACULTY 40.00 X 107952 0 18454 908603 0 243559 9 0 1 0 LUSARDI CONSTRUCTION 1570 LINDA VISTA DR SAN MARCOS CA 92078 GENERAL CONTRACTOR FOR BUILDING PROJECT 3509955 BON APPETIT 2400 YORKMONT RD CHARLOTTE NC 28217 FOOD SERVICES 2802008 ARAMARK 24818 NETWORK PLACE CHICAGO IL 606731248 MAINTENANCE AND GROUNDSKEEPING 1857699 KENNETH R LICON 3842 CHINO AVENUE CHINO CA 91710 DEFERRED MAINTENANCE PROJECTS 288446 NEWPORT REAL ESTATE SERVICES 3184H AIRWAY AVE COSTA MESA CA 92626 OWNERS REP - CONSTRUCTION SERVICES 231773 13 228360 295300 208199 1338821 2070680 STUDENT TUITION AND FEES 611710 50468379 50468379 AUXILIARY ENTERPRISES 611710 8588799 8588799 SUPPORT SERVICES - OTHER 611710 1003064 1003064 60060242 98917 98917 22693 22693 7856 7828 28 28 28 104138 228360 222399 -118261 -118261 RENTAL REVENUE 900099 11962 11962 11962 62146261 60060242 11962 3377 19277414 19277414 442094 442094 19913225 14655590 4991622 266013 479941 334445 138414 7082 2078096 945739 1094217 38140 1411901 1027599 365681 18621 4724134 2924372 1704915 94847 61812 61812 114842 114842 1865911 38562 1826924 425 274162 28262 245900 1899721 1049330 812306 38085 1469635 268946 1200689 899892 448146 451746 1263101 1101954 150360 10787 183464 125939 56730 795 677966 325611 352355 2104689 1011538 1093151 350970 3166 347804 DUES AND MEMBERSHIPS 287878 69612 200371 17895 EVENTS 222357 144676 29693 47988 PROFESSIONAL DEVELOPMEN 214059 106609 89223 18227 PROPERTY TAX 127368 127368 108064 98313 9751 60452696 43985823 15907968 558905 6740978 398769 1502995 1361641 1067650 759484 2163138 2110586 308659 1123614 69882350 33201005 35065931 36681345 1071901 4467422 1464899 1506389 49386151 48409250 4486852 3035749 3013525 2724737 19826519 19030714 2644764 2532729 29971660 27323929 X 11269320 17096610 8145171 3988711 19414491 21085321 49386151 48409250 X 1693565 3149 -25884 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1278462 1278462 56369818 25210403 31159415 2913944 643569 2270375 4717557 3833698 883859 4602569 3513335 1089234 36681345 MPIC - CLASS 1 3151370 F LOAN FUND CERTIFICATES 1152000 F OTHER 164052 F 4467422 TUITION REMISSION LIABILITY 119423 TRUST REMAINDER LIFE OBLIGATIONS 366062 PERKINS LOAN LIABILITY 1949651 STUDENT REFUNDABLE CREDITS 97593 2532729 X PART X, LINE 2: IN ACCORDANCE WITH PROVISIONS OF GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, THE UNIVERSITY HAD NO UNCERTAIN TAX POSITIONS AND/OR OBLIGATIONS AT JUNE 30, 2016 AND 2015. 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. CHRISTMAS FANTASIA 204618 122645 81973 53679 27865 37284 GLOBAL CENTER FOR WOMEN JUSTICE EVE 127880 105715 22165 18013 7354 78204 332498 228360 104138 71692 35219 115488 222399 -118261 1 FINANCIAL AID - SCHOLARSHIPS 1333 19277414 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 ADVANCEMENT AND FISCAL MANAGEMENT TO AWARD THESE FUNDS. X 1 1 X X 0 0 0 0 0 0 0 0 0 BEALS MICHAEL J UNIVERSITY PRESIDENT 174732 0 0 0 0 0 0 0 71303 0 246035 0 0 0 JOHNSON KIMBERLY VP ENROLLMENT MGMT 157548 0 0 0 0 0 0 0 382 0 157930 0 0 0 KANNWISCHER KELLY THRU 1115 VP UNIVERSITY ADVANCEMENT 152136 0 0 0 0 0 9038 0 220 0 161394 0 0 0 O'QUINN DORETHA VP ACADEMIC AFFAIRS 126158 0 0 0 0 0 10588 0 37380 0 174126 0 0 0 PART I, LINE 1A HOUSING ALLOWANCE IS PROVIDED TO THE PRESIDENT, THE CFO, AND THE VP OF ACADEMIC AFFAIRS. THE BENEFIT IS TREATED AS A NON-TAXABLE BENEFIT, DUE TO THE MINISTERIAL EXCEPTION. 28000 INSTITUTIONAL SCHOLARSHIPS FORM 990, PART VI, SECTION A, LINE 1 EXECUTIVE COMMITTEE HAS THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF TRUSTEES, WHEN NOT IS SESSION OR AS DIRECTED, AS LONG AS IT DOES NOT VIOLATE THE BYLAWS IN TERMS OF WHAT ONLY THE FULL BOARD TAKES ACTION ON. FORM 990, PART VI, SECTION A, LINE 4 THE RECONSTITUTION OF THE SOCAL NETWORK BYLAWS, THE UNIVERSITY'S SPONSORING DENOMINATION, NECESSITATED A CHANGE IN THE DEFINITION OF THE UNIVERSITY'S MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP OF VANGUARD UNIVERSITY SHALL CONSIST OF THOSE INDIVIDUALS WHO SERVE AS THE DISTRICT PRESBYTERY, AS DEFINED IN THE BYLAWS OF THE DISTRICT COUNCIL OF THE ASSEMBLIES OF GOD. THE MEMBERS RATIFY THE ELECTIONS OF THE UNIVERSITY'S BOARD OF TRUSTEES. 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 11 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 BRIEIFING AND REVIEW OF MAJOR ISSUES (IF ANY EXISTS) GIVEN TO THE AUDIT COMMITTEE, PRIOR TO APPROVAL; 4. APPROVAL BY EXECUTIVE COMMITTEE IS MADE THROUGH A RESOLUTION FROM THE AUDIT COMMITTEE; 5. BRIEFING, POST APPROVAL TO BOARD OF TRUSTEES ON ADHERENCE OF PROCESS, AND ANY MAJOR ISSUES NOTED BY EXECUTIVE COMMITTEE. 6. EACH BOARD MEMBER RECEIVES A COPY OF THE FORM 990 PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THERE IS AN ANNUAL DISCLOSURE REQUIRED BY ALL TRUSTEES, CORPORATE OFFICERS, FOUNDATION BOARD MEMBERS, KEY EMPLOYEES AS IDENTIFIED BY THE IRS, 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 2016. 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 2016. 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 SPLIT INTEREST AGREEMENTS -25,884. VU HOLDINGS LLC 55 FAIR DRIVE COSTA MESA CA 92626 HOLDING OF ASSETS - OIL/GAS CA 22693 2743 VANGUARD UNIVERSITY OF SO CAL VANGUARD UNIVERSITY FOUNDATION 55 FAIR DRIVE COSTA MESA CA 92626 912164193 UNIVERSITY ENDOWED SCHOLARSHIP PROGRAMS CA 501(C)(3) LINE 11A, I VANGUARD UNIVERSITY OF SO CAL 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 VANGUARD UNIVERSITY FOUNDATION C 295300 CASH