2015-02-27T13:41:24-06:00 2014-07-31 522385296 LINDQUIST LLP 5000 EXECUTIVE PARKWAY SUITE 400 SAN RAMON CA 94583 990 2013-08-01 330720978 ZAYTUNA COLLEGE INC ZAYT 5109003137 2401 LE CONTE AVENUE BERKELEY CA 94709 WAHEED ABDUL RASHEED VP OPERATIONS/CFO 5109003137 2015-02-27 1 DEBBIE R DIMERY P01065763 9252779100 2013 2016-02-25 16:41:14Z WAHEED ABDUL RASHEED 2401 LE CONTE AVENUE BERKELEY CA 94709 9236169 0 X WWW.ZAYTUNA.ORG X 1996 CA ZAYTUNA COLLEGE AIMS TO EDUCATE AND PREPARE MORALLY COMMITTED PROFESSIONAL, INTELLECTUAL, AND SPIRITUAL LEADERS, WHO ARE GROUNDED IN THE ISLAMIC SCHOLARLY TRADITION AND CONVERSANT WITH THE CULTURAL CURRENTS AND CRITICAL IDEAS SHAPING MODERN SOCIETY. 9 6 48 45 0 0 3932252 7089918 807512 1133118 68406 9049 112291 197736 4920461 8429821 462464 827457 0 0 1767932 2303000 0 0 541876 1276989 2351197 3507385 5481654 1413076 2948167 9077812 14701111 160174 2828344 8917638 11872767 ZAYTUNA COLLEGE AIMS TO EDUCATE AND PREPARE MORALLY COMMITTED PROFESSIONAL, INTELLECTUAL, AND SPIRITUAL LEADERS, WHO ARE GROUNDED IN THE ISLAMIC SCHOLARLY TRADITION AND CONVERSANT WITH THE CULTURAL CURRENTS AND CRITICAL IDEAS SHAPING MODERN SOCIETY. 0 0 3689753 740256 847661 UNDERGRADUATE PROGRAM: THE COLLEGE COMMENCED ITS INAUGURAL YEAR ON AUGUST 23, 2010, WITH A FRESHMAN CLASS OF 15 STUDENTS. THERE ARE TWO LIBERAL ART MAJORS OFFERED AND THE COLLEGE CURRICULUM EMPHASIZES KEY FOUNDATIONAL TEXTS; AN IN-DEPTH EXAMINATION OF CRITICAL METHODOLOGICAL ISSUES; A SOLID COMMAND OF THE ARABIC LANGUAGE; A FAMILIARITY WITH THE MOST IMPORTANT ISLAMIC SCIENCES; AND A FIRM GROUNDING IN THE SOCIAL SCIENCES AND THE HUMANITIES. THIS CURRICULUM ALSO FULFILLS THE REQUIREMENTS ESTABLISHED BY THE MOST RIGOROUS ACCREDITING ORGANIZATIONS OF AMERICAN HIGHER EDUCATION. 306945 87201 311343 SUMMER ARABIC INTENSIVE PROGRAM: THIS PROGRAM RAN FROM JUNE 6 TO JULY 25, 2014. THIS 6-WEEK PROGRAM PROVIDED INTRODUCTORY AND INTERMEDIATE LEVEL STUDENTS WITH A RIGOROUS, COMPLETE-IMMERSION LANGUAGE EXPERIENCE IN AN ARABIC-ONLY ENVIRONMENT. THE SUMMER PROGRAM HOSTED APPROXIMATELY 63 STUDENTS FROM THE US ENROLLED IN INTRODUCTORY, INTERMEDIATE AND ADVANCED LEVEL CLASSES. ZAYTUNA HIRED QUALIFIED ARABIC TEACHERS TO PARTICIPATE IN THIS SUMMER PROGRAM AND INVITED SCHOLARS FROM VARIOUS UNIVERSITIES AS SPECIAL GUEST SPEAKERS FOR WEEKLY LECTURE SERIES. BY THE END OF THE PROGRAM, STUDENTS WHO SUCCESSFULLY COMPLETED ALL THE COURSEWORK WERE GIVEN CERTIFICATES OF COMPLETION AND 10 UNITS OF CREDIT. 3996698 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 39 0 1 48 1 0 0 0 0 0 0 0 0 X 9 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X WASHEED RASHEED 4083321352 2401 LE CONTE AVENUE BERKELEY CA 94709 HAMZA YUSUF HANSON PRESIDENT 40.00 X X 80829 0 2211 SYED MUBEEN SAIFULLAH SECRETARY 5.00 X X 0 0 0 ZAID SHAKIR CO-FOUNDER 40.00 X X 89330 0 1122 PERVEZ QURESHI CHAIRMAN 1.00 X X 0 0 0 DR HATEM AL-BAZIAN CO-FOUNDER 40.00 X X 72311 0 104 DR AISHA SUBHANI BOARD MEMBER 1.00 X 0 0 0 DR TAYYIB RANA BOARD MEMBER (PAST) 1.00 X 0 0 0 DR SUHAIL OBAJI BOARD MEMBER 1.00 X 0 0 0 ADNAN DURRANI BOARD MEMBER 1.00 X 0 0 0 HAMED OMAR BOARD MEMBER (PAST) 1.00 X 0 0 0 DR MUBASHER RANA BOARD MEMBER 1.00 X 0 0 0 WAHEED ABDUL RASHEED CFO 40.00 X 204012 0 6139 COLLEEN KEYES VP OF ACADEMIC /STUDENT AFFAIRS 40.00 X 129306 0 161 MIZRA MAHAN EMPLOYEE 40.00 X 104842 0 3937 680630 0 13674 3 0 1 0 0 4171922 2917996 246949 7089918 TUITION & FEES 611600 1133118 1133118 1133118 1239 1239 171850 0 171850 171850 171850 261231 253421 7810 7810 7810 552927 4171922 552927 0 OTHER INCOME 611600 24091 24091 PUBLICATIONS 611600 1795 1795 25886 8429821 1159004 0 180899 827457 827457 439699 272219 83740 83740 1578520 1366656 87460 124404 122286 91152 12143 18991 162495 130478 13947 18070 5565 5565 31425 31425 527197 192460 200103 134634 8623 4920 2925 778 452723 294072 95993 62658 90212 38345 11221 40646 786968 600481 183849 2638 122238 77061 35122 10055 13099 13060 39 85653 85653 10618 10618 OTHER EXPENSES 119791 45260 68249 6282 CREDIT CARD SERVICE CHA 53116 330 14420 38366 TEXTBOOKS 32369 31722 647 SPONSORSHIP 11600 11025 575 5481654 3996698 943080 541876 3587031 4137764 281296 439798 48698 75357 10078676 473531 4728307 9605145 168108 176594 264372 266453 9077812 14701111 86805 108621 21159 310000 2225000 52210 184723 160174 2828344 X 7461572 8769518 1075797 3071105 380269 32144 8917638 11872767 9077812 14701111 2948167 6962 0 X X 0 1 X 1 0 X 2606902 3210070 7317845 3932252 6944052 24011121 2606902 3210070 7317845 3932252 6944052 24011121 699349 23311772 641 1480 3873 63284 173089 242367 64905 169091 858871 1159006 2251873 26505361 0.87950 0.87760 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2460579 827177 2669000 618756 974112 1486467 2460579 1265265 2295619 2586772 974112 506669 758596 1265265 0.95000 0.05000 0.00000 0 0 4255354 4255354 5187163 157723 5029440 457303 188582 268721 85712 66054 19658 93144 61172 31972 9605145 DEFERRED RENT 15818 SECURITY DEPOSITS 8000 LONG TERM DEPOSITS 20905 DEPOSIT FOR SALE OF PPE 140000 184723 X 8207313 6962 -782397 -775435 8982748 -552927 -552927 8429821 5252184 -782397 -782397 6034581 -552927 -552927 5481654 PART X, LINE 2: THE COLLEGE HAS ANALYZED THE TAX POSITIONS TAKEN BY THE COLLEGE, AND HAS CONCLUDED THAT THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE COLLEGE IS SUBJECT TO ROUTINE AUDITS BY THE TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE COLLEGE BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR THE YEARS PRIOR TO 2011. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID EXPENSE -782,397. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING DIRECT EXPENSE -552,927. PART XII, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID EXPENSE -782,397. PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING DIRECT EXPENSE -552,927. PART V, LINE 4: INTENDED USES OF ENDOWMENT FUND: ZAYTUNA COLLEGE'S ENDOWMENT FUND IS ESTABLISHED FOR THE PURPOSE OF THE COLLEGE AND CONSIST OF DONOR-RESTRICTED ENDOWMENT FUNDS AND BOARD DESIGNATED FUNDS. THE FUNDS WILL BE APPROPRIATED FOR EXPENDITURE IN ACCORDANCE WITH THE UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT OF 2006. 1 1 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE ORGANIZATION HAS PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY ON ITS ADMISSIONS WEBSITE. SCHEDULE E, PART I, LINE 4 WE DO NOT ASK QUESTIONS ABOUT RACE IN OUR APPLICATIONS FOR ADMISSION. WE DO NOT ASK QUESTIONS ABOUT RACE IN OUR HIRING PROCESS. WE ASK AN OPTIONAL QUESTION ABOUT ETHNICITY ON STUDENT APPLICATIONS. NORTH AMERICA 1 87 FUNDRAISING 552927 SOUTH AMERICA 0 0 FUNDRAISING MIDDLE EAST 0 0 FUNDRAISING ASIA 0 0 FUNDRAISING EUROPE 0 0 FUNDRAISING AFRICA 0 0 FUNDRAISING AUSTRALIA 0 0 FUNDRAISING 1 87 0 0 1 87 552927 0 552927 0 0 0 0 0 0 RAMADAN 2013 653008 652056 952 0 0 952 RAMADAN 2014 1420983 1373943 47040 100 46941 23 2650858 2145923 504935 147009 17766 340159 4724849 4171922 552927 147109 17766 388052 552927 0 1 FINANCIAL AID - EDUCATION 63 827457 CASH PART I, LINE 2: PROCEDURES FOR MONITORING USE OF GRANTS FUNDS IN U.S. FINANCIAL AID APPLICATIONS ARE RECEIVED AND GRANTED BASED ON NEED AND MERIT. IN ADDITION, THE UNDERGRADUATE RECIPIENTS ARE REQUIRED TO MAINTAIN A GRADE POINT AVERAGE AT OR ABOVE 3.0, FOR THE ACADEMIC YEAR FOR WHICH THE AID IS AWARDED. X 0 0 0 0 0 0 0 0 0 WAHEED ABDUL RASHEED CFO 204012 0 0 0 0 0 0 0 6139 0 210151 0 0 0 HAMZA YUSUF HANSON PRESIDENT BUILDING PURCHASE X 50000 50000 0 1 1 PERVEZ QURESHI CHAIRMAN BUILDING PURCHASE X 200000 200000 0 1 1 SYED MUBEEN SAIFULLAH SECRETARY BUILDING PURCHASE X 5000 5000 0 1 1 ADNAN DURRANI BOARD MEMBER BUILDING PURCHASE X 30000 30000 0 1 1 WAHEED ABDUL RASHEED CFO BUILDING PURCHASE X 25000 25000 0 1 1 310000 X 21 246949 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WAS REVIEWED AND APPROVED BY THE AUDIT COMMITTEE. IN ADDITION ALL VOTING MEMBERS OF THE BOARD RECEIVED A COPY BEFORE IT WAS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED ANNUALLY AND WRITTEN RESPONSES TO THE CONFLICT OF INTEREST QUESTIONNAIRE ARE REQUIRED. THE BOARD WILL DETERMINE IF THERE IS A POTENTIAL CONFLICT OF INTEREST IDENTIFIED. THE BOARD MEMBERS, LESS THE MEMBER WHOSE POTENTIAL CONFLICT OF INTEREST IS IDENTIFIED, SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES CONDUCTS THE INTERVIEWS, SELECTS CANDIDATES AND APPROVES THE COMPENSATION FOR THE CEO AND TOP MANAGEMENT OFFICERS. THE BOARD OF TRUSTEES DETERMINE THE COMPENSATION FOR OFFICERS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE IS RESPONSIBLE FOR THE SELECTION OF THE INDEPENDENT AUDITOR AND ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT. THIS PROCESS HAS NOT CHANGED SINCE LAST YEAR. FORM 990, SCHEDULE B, PART I, COLUMN B: ALL ADDRESSES ARE ON FILE WITH THE ORGANIZATION'S ADMINISTRATION.