2015-02-13T19:17:01-06:00 2014-06-30 954749365 STANISLAWSKI & HARRISON CPAS 301 N LAKE AVE SUITE 900 PASADENA CA 91101 990 2013-07-01 451171945 CLAREMONT LINCOLN UNIVERSITY CLAR 6264846064 250 WEST FIRST STREET NO 330 CLAREMONT CA 91711 LINDA RABITOY CFO 6264846064 2015-02-13 1 BARED DILACAR P00157338 6267933600 2015-02-13 2013 2016-03-07 17:11:31Z LINDA RABITOY 250 WEST FIRST STREET NO 330 CLAREMONT CA 91711 8149162 0 X WWW.CLAREMONTLINCOLN.ORG/ X 2010 CA CLAREMONT LINCOLN IS A GRADUATE UNIVERSITY THAT PROVIDES INNOVATIVE EDUCATIONAL OFFERINGS WITH A GLOBAL IMPERATIVE. STUDENTS WILL DEVELOP CAPACITIES FOR COMPASSIONATE LEADERSHIP ACROSS SOCIAL SECTORS. IN AN INTERCONNECTED AGE, THESE INDIVIDUALS WILL ENGAGE IN DIALOGUE AND COLLABORATION ACROSS CULTURAL, IDEOLOGICAL, RELIGIOUS AND ECONOMIC PERSPECTIVES. WE ACHIEVE OUR MISSION WITH THREE AREAS OF ADVANCED INQUIRY AND PRACTICE: ETHICAL LEADERSHIP, INTERFAITH ACTION, AND SOCIAL IMPACT. OUR STUDENTS WILL INTEGRATE SELF-KNOWLEDGE WITH CRITICAL PERSPECTIVES AND CONTEMPORARY SKILL TO CREATE SUSTAINABLE SOCIAL CHANGE. 13 11 0 16 0 0 1748458 6535889 1207023 1521575 4284 0 0 91698 2959765 8149162 582903 530377 0 0 0 3496546 0 0 667544 133370 2518894 716273 6545817 2243492 1603345 2276200 4535047 32708 707024 2243492 3828023 X SEE SCHEDULE O FOR THE MISSION STATEMENT. 0 1 2993434 530377 1521575 IN THE YEAR JULY 1 2013 - JUNE 30 2014, CLU GRADUATED 5 STUDENTS. TOTAL ENROLLMENT DURING THE TAX YEAR BEING REPORTED WAS 110 AT ITS PEAK IN THE FALL 2013. 2993434 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 39 0 1 0 0 0 0 0 0 0 0 0 0 0 X 13 11 1 1 1 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 CA X LINDA RABITOY CONTROLLER 6264846064 250 WEST FIRST STREET SUITE 330 CLAREMONT CA 91711 X JERRY CAMPBELL PRESIDENT 20.00 X X 0 0 0 TAMAR FRANKIEL DIRECTOR 2.50 X 0 0 0 MEL GOTTLIEB DIRECTOR 2.50 X 0 0 0 MAHER HATHOUT VICE-CHAIR 2.50 X X 0 0 0 DAVID LINCOLN CHAIR 2.50 X X 0 0 0 KATHRYN JOAN LINCOLN DIRECTOR 2.50 X 0 0 0 NECVA OZGUR DIRECTOR 2.50 X 0 0 0 JIHAD TURK ASSISTANT TREASURER 2.50 X 0 0 0 JACOB ZIGHELBOIM SECRETARY 2.50 X X 0 0 0 JOAN BROWN CAMPBELL DIRECTOR 2.50 X 0 0 0 RYAN CRAIG DIRECTOR 2.50 X 0 0 0 FRANK ELLSWORTH DIRECTOR 2.50 X 0 0 0 LAURA OWENS DIRECTOR 2.50 X 0 0 0 ARTHUR L PETERSON DIRECTOR 2.50 X 0 0 0 HARVINDER SAHOTA DIRECTOR 2.50 X 0 0 0 CHARLES WAGNER CFO 40.00 X 81781 0 0 81781 0 0 0 0 0 0 HEIDRICK & STRUGGLES 1133 PAYSHERE CIRCLE CHICAGO IL 60674 RECRUITMENT 119214 ARANDA EILEEN INC 9004 EAST CEDAR WAXWING DRIVE SUN LAKES AZ 85248 OPERATIONS 109675 2 6535889 6464500 6535889 STUDENT TUITION AND FE 611600 1521575 1521575 1521575 OTHER INCOME 611710 91698 91698 91698 8149162 1521575 0 91698 X 530377 530377 220761 220761 2290643 1336250 742070 212323 341142 183663 126900 30579 444451 201989 201587 40875 199549 115317 66388 17844 127199 7010 119860 329 880740 87012 703602 90126 139233 15319 83561 40353 113405 26950 69810 16645 76886 61451 10708 4727 151447 50432 50583 50432 184295 62592 93711 27992 53599 16071 34435 3093 70862 23597 23597 23668 76987 24160 28594 24233 SPECIAL EVENTS 180968 105821 65489 9658 RECRUITING 133408 8409 120481 4518 DUES AND SUBSCRIPTIONS 71548 46149 21538 3861 MOVING 27459 11767 8219 7473 230858 79098 92945 58815 6545817 2993434 2884839 667544 1380060 4064442 40000 10000 625098 0 13184 58436 473029 70860 217858 402169 2276200 4535047 32708 124461 0 582563 32708 707024 X 1917124 3609057 326368 218966 2243492 3828023 2276200 4535047 1603345 -18814 0 X 0 1 X 1 0 X 1748458 6535889 8284347 1748458 6535889 8284347 7364720 919627 91698 91698 8376045 2728598 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 59330 59330 413699 70860 342839 402169 BAYAN 133596 CLAREMONT SCHOOL OF THEOLOGY 448967 582563 X 8849608 -18814 1249637 -530377 700446 8149162 0 8149162 7265077 1249637 1249637 6015440 530377 530377 6545817 PART X, LINE 2: AS OF AUGUST 22, 2014, THE INTERNAL REVENUE SERVICE ("IRS") HAS DETERMINED THAT THE UNIVERSITY IS QUALIFIED AS A TAX EXEMPT ORGANIZATION UNDER INTERNAL REVENUE CODE ("IRC") SECTION 501(C)3 AND AS A PUBLIC CHARITY AS DEFINED IN IRC SECTION 170(B)(1)(A)(VI) AS OF DECEMBER 22, 2010. AS SUCH, CONTRIBUTIONS TO THE UNIVERSITY ARE DEDUCTIBLE UNDER IRC SECTION 170 AND THE UNIVERSITY IS QUALIFIED TO RECEIVE TAX DEDUCTIBLE BEQUESTS, DEVICES, TRANSFERS OR GIFTS UNDER IRC SECTIONS 2055, 2106 OR 2522. THE IRS DETERMINATION QUALIFIES THE UNIVERSITY FOR TAX EXEMPTION THROUGH SIMILAR PROVISIONS OF THE CALIFORNIA FRANCHISE TAX CODE. THE UNIVERSITY DOES NOT ENGAGE IN ANY UNRELATED TRADE OR BUSINESS. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN REPORTED IN THE UNIVERSITY'S FINANCIAL STATEMENTS. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REQUIRED. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS -530,377. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 530,377. 1 SCHOLARSHIPS 102 530377 FMV FINANCIAL AID PART I, LINE 2: PRIOR TO JULY 1, 2014 FINANCIAL AID WAS ADMINISTERED THROUGH A SHARED SERVICE AGREEMENT WITH CLAREMONT SCHOOL OF THEOLOGY. SCHOLARSHIPS WERE GRANTED TO STUDENTS BASED ON FINANCIAL NEED OR MERIT. FINANCIAL NEED QUALIFICATIONS INCLUDED DEMONSTRATED FINANCIAL NEED PER THE DEPARTMENT OF EDUCATION FFSA, WHICH WAS UPDATED ANNUALLY. MERIT-BASED SCHOLARSHIPS WERE MONITORED FOR GRADE-POINT AVERAGE AND OTHER SIGNALS OF ACADEMIC PERFORMANCE. ALL NEED BASED RECORDS WERE MAINTAINED BY CST'S OFFICE OF FINANCIAL AID AND MERIT BASED SCHOLARSHIPS WERE MAINTAINED BY CST'S OFFICE OF ADMISSION. THE UNIVERSITY REVIEWED ALL AWARDS AND HAD ACCESS TO ALL THE RECORDS. ON JULY 1, 2014, WHEN CLAREMONT LINCOLN UNIVERSITY SEPARATED FROM CLAREMONT SCHOOL OF THEOLOGY, CLU ELECTED TO NOT PARTICIPATE IN THE FEDERAL TITLE IV FUNDING PROGRAM. X 4 6464500 MARKET PRICE 0 1 1 PART I, LINE 32B: MERRIL LYNCH SELLS THE STOCK. FORM 990, PART I, LINE 1, CONTINUATION LOCATED IN CLAREMONT, CA, CLAREMONT LINCOLN UNIVERSITY OFFERS THREE NON-RESIDENTIAL ON-LINE MASTERS PROGRAMS. CLU IS CURRENTLY A WESTERN ASSOCIATION OF SCHOOLS AND COLLEGES (WASC) CANDIDATE FOR INITIAL ACCREDITATION. THE INITIAL ACCREDITATION SELF-STUDY REPORT WAS SUBMITTED IN SEPTEMBER 2014 AND THE WASC SITE VISIT OCCURRED DURING DECEMBER 2014. WASC'S FINAL DECISION TO GRANT INITIAL ACCREDITATION IS FORTHCOMING IN FEBRUARY 2015. FORM 990, PART III, LINE 1: CLAREMONT LINCOLN IS A GRADUATE UNIVERSITY THAT PROVIDES INNOVATIVE EDUCATIONAL OFFERINGS WITH A GLOBAL IMPERATIVE. STUDENTS WILL DEVELOP CAPACITIES FOR COMPASSIONATE LEADERSHIP ACROSS SOCIAL SECTORS. IN AN INTERCONNECTED AGE, THESE INDIVIDUALS WILL ENGAGE IN DIALOGUE AND COLLABORATION ACROSS CULTURAL, IDEOLOGICAL, RELIGIOUS AND ECONOMIC PERSPECTIVES. WE ACHIEVE OUR MISSION WITH THREE AREAS OF ADVANCED INQUIRY AND PRACTICE: ETHICAL LEADERSHIP, INTERFAITH ACTION, AND SOCIAL IMPACT. OUR STUDENTS WILL INTEGRATE SELF-KNOWLEDGE WITH CRITICAL PERSPECTIVES AND CONTEMPORARY SKILL TO CREATE SUSTAINABLE SOCIAL CHANGE. FORM 990, PART III, LINE 3 IN MARCH OF 2014, CLU DEVELOPED AND SUBMITTED FOR APPROVAL TO WASC TWO NEW PROGRAMS: MASTERS IN SOCIAL IMPACT AND MASTERS IN INTERFAITH ACTION. THESE PROGRAMS FOLLOWED THE SAME DESIGN AND DELIVERY MODEL AS THE EXISTING MASTERS IN ETHICAL LEADERSHIP PROGRAM. BOTH NEW PROGRAMS WERE APPROVED BY WASC IN AUGUST 2014 AND HAVE STUDENTS CURRENTLY ENROLLED. FORM 990, PART VI, SECTION A, LINE 2 DAVID LINCOLN AND KATHRYN JOAN LINCOLN, DIRECTORS, HAVE A FATHER/DAUGHTER RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 3 IN 2013, CLU HAD A SHARED SERVICES AGREEMENT WITH CLAREMONT SCHOOL OF THEOLOGY TO MANAGE ADMINISTRATIVE SERVICES INCLUDING FINANCIAL, STUDENT AND TECHNOLOGY SERVICES. AS OF JULY 1, 2014 CLU ASSUMED RESPONSIBILITY FOR ALL OF ITS SYSTEMS AND ENDED SERVICE PROVISIONS FROM CST EXCEPT THE USE OF THE CST LIBRARY. THAT SERVICE WILL END JUNE 30, 2015. CLU CONTRACTED CHARLES WAGNER, AN INDEPENDENT CONTRACTOR, TO PROVIDE MANAGEMENT SERVICES TO THE UNIVERSITY IN THE POSITION OF CFO AND TREASURER, FROM AUGUST 2012 THROUGH JUNE 30, 2014. SUBSEQUENTLY, A FULL-TIME CFO-CONTROLLER WAS HIRED IN DECEMBER 2014. FORM 990, PART VI, SECTION A, LINE 4 REVISED BYLAWS WERE ADOPTED BY THE BOARD OF DIRECTORS ON MARCH 18, 2014. FORM 990, PART VI, SECTION A, LINE 8B THE COMMITTEES IN EXISTENCE DURING FY 13-14 WERE THE NOMINATIONS AND GOVERNANCE, FINANCE, AUDIT, AD HOC PRESIDENTIAL SEARCH COMMITTEE, AND AD HOC ACADEMIC COMMITTEE. ON NOVEMBER 18, 2014, THE UNIVERSITY'S BOARD OF DIRECTORS ESTABLISHED ADDITIONAL COMMITTEES INCLUDING THE EXECUTIVE AND COMPENSATION, FINANCE AND INVESTMENT, PROGRAM AND STUDENT LEARNING, NOMINATIONS AND GOVERNANCE AND AUDIT COMMITTEES. UNTIL BOARD DEVELOPMENT AND RECRUITMENT REACHES FULL POTENTIAL, SOME COMMITTEE OBLIGATIONS SHALL BE FULFILLED BY THE FULL BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE FORM 990 IS DISTRIBUTED TO THE FULL UNIVERSITY BOARD OF DIRECTORS FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C ACCORDING TO THE UNIVERSITY'S CONFLICT OF INTEREST POLICY, AN INTERESTED PERSON SHALL MAKE AN APPROPRIATE DISCLOSURE OF ALL MATERIAL FACTS, INCLUDING THE EXISTENCE OF ANY FINANCIAL INTEREST, AT ANY TIME THAT ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST OR ETHICAL QUESTION ARISES. AFTER DISCLOSURE OF ALL MATERIAL FACTS AND ANY FOLLOW-UP DISCUSSION WITH THE INTERESTED PERSON WITH A POTENTIAL CONFLICT OF INTEREST, A DETERMINATION MUST BE MADE ABOUT WHETHER A MATERIAL FINANCIAL INTEREST, SELF DEALING TRANSACTION OR OTHER KIND OF ACTUAL CONFLICT EXISTS. IF THE POTENTIAL CONFLICT IS FIRST DISCLOSED DURING A BOARD OR COMMITTEE MEETING AT WHICH THE INTERESTED PERSON WITH THE POTENTIAL CONFLICT IS IN ATTENDANCE, THE INTERESTED PERSON SHALL LEAVE THE MEETING WHILE THE DETERMINATION OF WHETHER A CONFLICT OF INTEREST EXISTS IS EITHER DISCUSSED AND VOTED UPON OR REFERRED FOR FURTHER CONSIDERATION. IF IT IS DETERMINED THAT AN ACTUAL CONFLICT OF INTEREST EXISTS, THEN THE MATTER IN QUESTION CAN ONLY BE AUTHORIZED IF APPROVED BY THE VOTE DESCRIBED IN SECTION 6A AND 6B OF THE POLICY. EACH PERSON SUBJECT TO THIS POLICY SHALL ANNUALLY SIGN A STATEMENT ON THE CONFLICT OF INTEREST DISCLOSURE FORM OR SUCH OTHER FORM AS THE BOARD ADOPTS, WHICH AT A MINIMUM AFFIRMS THAT SUCH PERSON: (A) HAS RECEIVED A COPY OF THE POLICY; (B) HAS READ AND UNDERSTANDS THE POLICY; (C) HAS AGREED TO COMPLY WITH THE POLICY; AND (D) UNDERSTANDS THE UNIVERSITY IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. IN ADDITION, INTERESTED PERSONS SHALL MAKE AN ANNUAL DISCLOSURE OF ON-GOING RELATIONSHIPS AND INTERESTS THAT MAY PRESENT A CONFLICT OF INTEREST. DISCLOSURES SHOULD ADDRESS CURRENT AFFILIATIONS, AS WELL AS PAST AFFILIATIONS FOR THE PRIOR TWO YEARS. CONFLICT OF INTEREST DISCLOSURE FORMS WILL BE SUBMITTED TO THE CHAIRPERSON OF THE BOARD OR TO THE PERSON S/HE DESIGNATES AND THE FULL BOARD APPROVES ANNUALLY, AND WHEN APPROPRIATE, AT OR PRIOR TO ACTION ON RELEVANT BUSINESS TRANSACTIONS. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE PRESIDENT, THE CHIEF FINANCIAL OFFICER, THE SENIOR VICE PRESIDENT OF OPERATIONS /CHIEF INFORMATION OFFICER AND THE EXECUTIVE VP WAS REVIEWED BY THE BOARD AFTER THE COMPLETION OF AN INDEPENDENT COMPENSATION STUDY. THE COMPENSATION OF THE PRESIDENT WAS SET BY THE BOARD. THE CFO, SR VP OF OPS/CIO AND EVP WAS SET BY THE PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VII, COMPENSATION OF OFFICERS AND DIRECTORS IN 2013, CLU HAD A SHARED SERVICES AGREEMENT WITH CLAREMONT SCHOOL OF THEOLOGY TO MANAGE ADMINISTRATIVE SERVICES. UNDER THIS AGREEMENT TWO OT THE UNIVERSITY'S OFFICERS WERE PAID FOR BY CST AND ALLOCATED TO CLU. THESE EXPENSES WERE SHOWN AS SALARIES AND WAGES IN THE UNIVERSITY'S AUDITED FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED JUNE 30, 2014, WHICH IS THE TAX YEAR BEING REPORTED. TWO OF THE OTHER OFFICERS WERE CONTRACTED AND THESE EXPENSES WERE SHOWN AS SERVICES IN THE UNIVERSITY'S AUDITED FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED JUNE 30, 2014, WHICH IS THE YEAR BEING REPORTED. FORM 990, PART IX, LINE 11G OTHER: PROGRAM SERVICE EXPENSES 87,012. MANAGEMENT AND GENERAL EXPENSES 442,441. FUNDRAISING EXPENSES 90,126. TOTAL EXPENSES 619,579. ACCOUNTING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 261,161. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 261,161.