2017-05-15T13:34:39-05:00 2016-06-30 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 777 E WISCONSIN AVENUE FLOOR 32 MILWAUKEE WI 53202 990 2015-07-01 941186179 PACIFIC SCHOOL OF RELIGION PACI 5108480528 1798 SCENIC AVE BERKELEY CA 94709 PATRICK O'LEARY CHIEF BUSINESS OFFICER 5108480528 2017-05-14 1 TROY E MARINE CPA P00187863 4147775500 2017-05-14 2015 2021-01-29 14:40:06Z DAVID VASQUES-LEVY 1798 SCENIC AVE BERKELEY CA 94709 6318402 0 X WWW.PSR.EDU X 1866 CA THE PACIFIC SCHOOL OF RELIGION IS A MULTI-DENOMINATIONAL CHRISTIAN SEMINARY. IT IS COMMITTED TO SERVING GOD BY EQUIPPING HISTORIC AND EMERGING FAITH COMMUNITIES FOR MINISTRIES OF COMPASSION AND JUSTICE IN A CHANGING WORLD. IT HAS FORMAL RELATIONSHIPS WITH THREE DENOMINATIONS: THE UNITED CHURCH OF CHRIST, THE UNITED METHODIST CHURCH, AND THE CHRISTIAN CHURCH (DISCIPLES OF CHRIST). 19 18 237 19 0 0 681064 1277843 3975917 3553219 2186178 1339293 157814 148047 7000973 6318402 978004 978742 0 0 3944423 3856189 0 0 445277 3386930 3129406 8309357 7964337 -1308384 -1645935 43940784 40637549 3023817 2713952 40916967 37923597 X PACIFIC SCHOOL OF RELIGION IS COMMITTED TO SERVING GOD BY EQUIPPING HISTORIC AND EMERGING FAITH COMMUNITIES FOR MINISTRIES OF COMPASSION AND JUSTICE IN A CHANGING WORLD. WE AFFIRM OUR HISTORIC MISSION TO EDUCATE MEN AND WOMEN FOR MINISTRY AND OTHER FORMS OF RELIGIOUS LEADERSHIP AND TO BE A CENTER AND RESOURCE FOR CHRISTIAN THOUGHT IN AN INTERFAITH AND PLURALISTIC CONTEXT. WE AFFIRM OUR ECUMENICAL AND CHRISTIAN HERITAGE AND COMMITMENT AS AN OPEN AND AFFIRMING COMMUNITY THAT HONORS DIVERSITY AND PRESSES TOWARD RACIAL, GENDER, SEXUAL ORIENTATION, ECOLOGICAL, AND ECONOMIC JUSTICE. PSR'S COMMITMENTS FIND EXPRESSION IN INNOVATIVE PROGRAMS OF SCHOLARSHIP AND EDUCATION FOR CLERGY AND LAITY. STRONG FAITH COMMUNITIES REQUIRE AN INTEGRATION OF FAITH AND REASON, THEORY AND PRACTICE, PIETY AND CRITICAL INTELLECT, TRADITION AND CREATIVITY. WE SEEK TO EMBODY THESE VALUES AND DISCIPLINES IN OUR PROGRAMS AND OUR COMMON LIFE. 0 0 2131680 978742 1983658 INSTRUCTION: THE PACIFIC SCHOOL OF RELIGION OFFERS FIVE MASTERS DEGREES, EIGHT CERTIFICATES OF STUDY, AND A PROFESSIONAL DOCTORAL DEGREE IN MINISTRY. PSR STUDENTS GO ON TO SERVE AS ORDAINED PARISH PASTORS, HOSPITAL AND PRISON CHAPLAINS, YOUTH DIRECTORS AND CHRISTIAN EDUCATORS, TEACHERS IN HIGH SCHOOLS AND COLLEGES, SOCIAL SCIENCE ADMINISTRATORS, LITURGICAL ARTISTS, AND COMMUNITY ORGANIZERS. PSR PROVIDED EDUCATION TO 71 STUDENTS STUDYING FOR THE MASTERS OF DIVINITY DEGREE, 20 STUDENTS STUDYING FOR OTHER MASTERS DEGREES AND 6 STUDENTS STUDYING FOR A DOCTOR OF MINISTRY DEGREE. STUDENTS ENROLLED FOR INSTRUCTION AT THE SCHOOL RECEIVE PERSONALIZED DIRECTION AND ATTENTION FROM A RENOWNED FACULTY. 1129299 1585450 HOUSING AND DINING SERVICES: THE SCHOOL PROVIDES HOUSING OPPORTUNITIES TO APPROXIMATELY 130 STUDENTS, IN DORMITORIES, APARTMENTS AND STUDIOS. THE SCHOOL WELCOMES FAMILIES AND STUDENTS TO HOUSING AT RATES THAT ARE BELOW MARKET RATES. THE SCHOOL ALSO PROVIDES ROOM FOR COMMUTER STUDENTS WHO STAY ONE OR TWO NIGHTS A WEEK. WIRELESS NETWORKS ARE AVAILABLE TO ALL RESIDENTS. THE SCHOOL ALSO PROVIDES MEAL SERVICES SEVEN DAYS A WEEK TO FACULTY, STAFF AND STUDENTS. THE DINING ROOM TRIES TO SERVE FOOD LOCALLY SOURCED AND SEASONAL. THE DINING ROOM SERVES APPROXIMATELY 3,000 MEALS PER MONTH. 118241 12373 STUDENT SERVICES: PROFESSIONAL MINISTERIAL EDUCATION AT THE PACIFIC SCHOOL OF RELIGION IS COMBINED WITH A STUDENT'S SPIRITUAL DEVELOPMENT AND FIELD EDUCATION. STUDENTS SEEKING DEGREES ARE ENCOURAGED AND HELPED TO APPLY THE SUBJECTS LEARNED IN THE CLASSROOM TO THE CONTEXT OF THE BROADER COMMUNITY, INCLUDING CULTURES, WORLD RELIGIONS AND THE ARTS. THE OFFICE OF COMMUNITY LIFE PROVIDES FOR THE MENTORING OF STUDENTS THROUGHOUT THEIR STUDY. STUDENTS RECEIVE PASTORAL CARE, SPIRITUAL DIRECTION AND OTHER CARE. 2435837 70891 GENERAL INSTITUTIONAL SUPPORT. 2435837 70891 5815057 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 69 0 237 1 0 0 0 0 0 0 0 0 0 0 X 19 18 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 1 1 0 CA X PATRICK O'LEARY 5108498200 1798 SCENIC AVENUE BERKELEY CA 94709 DON HILL CHAIR 5.00 X X 0 0 0 TERI CANNON VICE CHAIR 5.00 X X 0 0 0 SCOTT SPORTE TREASURER 5.00 X X 0 0 0 CYNTHIA SCHERR SECRETARY 5.00 X X 0 0 0 ALAN AKANA BOARD OF TRUSTEES 5.00 X 0 0 0 ANGELA BROWN BOARD OF TRUSTEES 5.00 X 0 0 0 ANN APPERT BOARD OF TRUSTEES 5.00 X 0 0 0 BENJAMIN GUNNING BOARD OF TRUSTEES 5.00 X 0 0 0 BISHOP WARNER BROWN BOARD OF TRUSTEES 5.00 X 0 0 0 CATHERINE PIEZ BOARD OF TRUSTEES 5.00 X 0 0 0 CONNIE KY FONG MITCHELL BOARD OF TRUSTEES 5.00 X 0 0 0 ED STEWART BOARD OF TRUSTEES 5.00 X 0 0 0 JENNIFER MARTINEZ BOARD OF TRUSTEES 5.00 X 0 0 0 JON BERQUIST BOARD OF TRUSTEES 5.00 X 0 0 0 M L DANIEL BOARD OF TRUSTEES 5.00 X 0 0 0 SHEILA THOMAS BOARD OF TRUSTEES 5.00 X 0 0 0 STAN BARKEY BOARD OF TRUSTEES 5.00 X 0 0 0 STANLEY WATSON BOARD OF TRUSTEES 5.00 X 0 0 0 DAVID VASQUEZ LEVY PRESIDENT 37.00 X 195255 0 30386 MARY DONOVAN TURNER V.P. ACADEMIC AFFAIRS 37.00 X 80341 0 28049 PATRICK O'LEARY CHIEF BUSINESS OFFICER 37.00 X 97703 0 26688 WANDA SCOTT CHIEF ADVANCEMENT OFFICER 37.00 X 0 0 0 DAVE BEEMAN V.P. ADMISSIONS AND ENROLLMENT 37.00 X 0 0 0 BERNIE SCHLAGER FORMER V.P. ACADEMIC AFFAIRS 37.00 X 135890 0 29173 509189 0 114296 2 0 1 0 GRADUATE THEOLOGICAL UNION 2400 RIDGE RD BERKELEY CA 94709 CONSORTIAL SHARED SERVICES 769765 VAN METER WILLIAMS POLLACK LLP 333 BRYANT ST STE 300 SAN FRANCISCO CA 94107 ENGINEERING CONSULTING SERVICES 231930 2 36099 1241744 99066 1277843 TUITION AND FEES 611710 1967768 1967768 AUXILIARY ENTERPRISES 611710 1585451 1585451 3553219 1211609 1211609 48893 0 48893 48893 48893 83069 44615 0 0 83069 44615 127684 127684 OTHER SUPPORT/MISC. INCOME 611710 99154 99154 99154 6318402 3652373 0 1388186 X 978742 978742 560184 147438 276612 136134 2562507 2146168 296083 120256 135595 120703 8375 6517 465436 335230 120574 9632 132467 114184 13325 4958 12316 12316 159288 159288 136600 136600 1015411 517222 398413 99776 156347 29821 95025 31501 30104 5907 8072 16125 631065 707328 -76263 206294 179901 19542 6851 100218 76824 19721 3673 23618 18 23600 201006 175273 25733 98995 32765 66230 COST OF SALES - AUX SVC 123744 123744 OTHER EXPENSES 110291 67642 42545 104 TAXES, FEES AND INSTITU 93899 40056 51989 1854 EMPLOYEE RECRUITMENT AN 30210 16091 6223 7896 7964337 5815057 1704003 445277 362578 1551719 3516681 2625092 87057 412200 167831 112857 237170 204882 51386 44362 10259004 8232875 1887309 2026129 34203855 30629330 456825 418575 2970092 2612403 43940784 40637549 330357 374219 185887 0 88887 118087 2418686 2221646 3023817 2713952 X 2314702 152392 10552200 9423983 28050065 28347222 40916967 37923597 43940784 40637549 X -1645935 -1272932 -74503 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5002 X DISPLAY AND EDUCATIONAL 0 42778338 358877 -557046 730106 1001265 40848798 43871737 123113 518918 743240 992190 42778338 41143486 106 4396514 787344 881025 43871737 38137069 147993 4513117 874665 780028 41143486 41038657 34668 -1000108 1284011 652137 38137069 0.19280 0.68980 0.11740 0 0 518830 518830 4236524 3620021 616503 4417726 3850038 567688 765104 762816 2288 320820 320820 2026129 BENEFICIAL INTEREST IN TRUSTS HELD BY OTHERS 2612403 2612403 ASSET RETIREMENT OBLIGATIONS 761750 FUNDS HELD FOR OTHERS 45047 LIABILITIES TO BENEFICIARIES OF SPLIT-INTEREST AGREEMENTS 1414849 2221646 X 3855625 -1272932 -74503 -1347435 5203060 136600 978742 1115342 6318402 6848995 0 6848995 136600 978742 1115342 7964337 PART III, LINE 4: PSR MAINTAINS COLLECTIONS OF FINE ART, BOOKS AND ARCHAEOLOGICAL ARTIFACTS. THESE ITEMS ARE USED IN THE STUDY OF SUBJECTS SUCH AS ART AND RELIGION, HISTORY AND SCRIPTURAL STUDIES. STUDENTS EXAMINE ART, BOOKS AND ARTIFACTS AS PART OF THEIR STUDIES. PART V, LINE 4: ENDOWMENTS SUPPORT THE PROGRAMS OF THE SCHOOL, INCLUDING PROVIDING STUDENT FINANCIAL AID AND FUNDING FACULTY POSITIONS. PART X, LINE 2: THE SCHOOL 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 SCHOOL FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2016 AND 2015. THE SCHOOL'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: ACTUARIAL ADJUSTMENT -74,503. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 978,742. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 978,742. 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 SCHOOL PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY IN ALL PRINTED MATERIALS SENT TO STUDENTS AND ON ITS WEBSITE. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES FEDERAL AID FOR FINANCIAL AID PROGRAMS. 1 SCHOLARSHIPS AND GRANTS PROVIDED AS FINANCIAL AID TO STUDENTS 121 978742 PART I, LINE 2: THE SCHOOL PROVIDES FINANCIAL AID GRANTS THAT MAY BE USED FOR TUITION AND FEES ONLY. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 DAVID VASQUEZ LEVY PRESIDENT 127755 0 0 0 67500 0 13668 0 16718 0 225641 0 0 0 BERNIE SCHLAGER FORMER V.P. ACADEMIC AFFAIRS 135890 0 0 0 0 0 9512 0 19661 0 165063 0 0 0 PART I, LINE 1A FOR ORDAINED CLERGY, WHO ARE SUBJECT TO SELF-EMPLOYMENT TAX, PSR ADDS AS TAXABLE INCOME THE AMOUNT OF FICA AND MEDICARE TAX PSR WOULD OTHERWISE PAY ON THEIR BEHALF TO TAXING AUTHORITIES. X 1 99066 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 WE WILL PROVIDE A COPY OF THE 2014 AND 2015 REPORT TO THE BOARD AT ITS MEETING IN OCTOBER 2017. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICIES ARE DISTRIBUTED TO MEMBERS OF THE BOARD OF TRUSTEES IN OCTOBER OF EVERY YEAR. MEMBERS OF THE BOARD COMPLETE, SIGN AND RETURN DISCLOSURE STATEMENTS INDICATING THAT THEY HAVE READ THE CONFLICT OF INTEREST POLICY AND DISCLOSED ANY POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 INDEPENDENT MEMBERS OF THE BOARD COMPRISE THE COMPENSATION COMMITTEE. THE COMMITTEE REVIEWS COMPARABLE SALARIES AND BENEFITS BEFORE ESTABLISHING COMPENSATION FOR THE PRESIDENT. OTHER OFFICERS OR KEY EMPLOYEES: COMPARATIVE DATA IS REVIEWED PRIOR TO ESTABLISHMENT OF COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSORTIAL SHARED SERVICES: PROGRAM SERVICE EXPENSES 362,550. MANAGEMENT AND GENERAL EXPENSES 378,958. TOTAL EXPENSES 741,508. HONORARIUMS: PROGRAM SERVICE EXPENSES 31,475. TOTAL EXPENSES 31,475. OTHER CONTRACTUAL SERVICES: PROGRAM SERVICE EXPENSES 123,197. MANAGEMENT AND GENERAL EXPENSES 19,455. FUNDRAISING EXPENSES 99,776. TOTAL EXPENSES 242,428. FORM 990, PART XI, LINE 9: ACTUARIAL ADJUSTMENT -74,503. PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT AND SELECTION PROCESS FOR THE AUDIT OF THE FINANCIAL STATEMENTS DURING THE TAX YEAR. CHARITABLE REMAINDER UNITRUSTS (4) CHARITABLE TRUSTS CA T 0 POOLED INCOME FUND (5) CHARITABLE TRUSTS CA T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0