2015-05-14T14:50:58-05:00 2014-06-30 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 225 S 6TH ST 2300 MINNEAPOLIS MN 55402 990 2013-07-01 941186179 PACIFIC SCHOOL OF RELIGION PACI 5108480528 1798 SCENIC AVE BERKELEY CA 94709 DAVID VASQUES-LEVY PRESIDENT 5108498200 2015-05-11 1 LAWRENCE H MOHR CPA P00447603 6128764500 2015-05-11 2013 2016-02-25 16:41:14Z DAVID VASQUES-LEVY 1798 SCENIC AVE BERKELEY CA 94709 6192274 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). 20 19 237 19 0 0 1115835 667596 4106670 4004170 4903499 1345759 108461 174749 10234465 6192274 894512 1009721 0 0 3585082 3677905 0 0 344003 3839518 3370179 8319112 8057805 1915353 -1865531 43953917 45973403 2615668 2607236 41338249 43366167 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 3438922 1009721 2459099 INSTRUCTION: THE PACIFIC SCHOOL OF RELIGION OFFERS THREE MASTERS DEGREES, FIVE 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 115 STUDENTS STUDYING FOR THE MASTERS OF DIVINITY DEGREE, 28 STUDENTS STUDYING FOR OTHER MASTERS DEGREES AND 17 STUDENTS STUDYING FOR A DOCTOR OF MINISTRY DEGREE. STUDENTS ENROLLED FOR INSTRUCTION AT THE SCHOOL RECEIVE PERSONALIZED DIRECTION AND ATTENTION FROM A RENOWNED FACULTY. 1258248 1545071 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 5,100 MEALS PER MONTH. 541164 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. 806592 130177 GENERAL INSTITUTIONAL SUPPORT. 806592 130177 6044926 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 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 59 0 237 1 0 0 0 0 0 1 1 0 0 0 0 X 20 19 0 1 1 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 CA X PATRICK O'LEARY 5108498200 1798 SCENIC AVENUE BERKELEY CA 94709 DON HILL VICE CHAIR 5.00 X X 0 0 0 MORRIS R WRIGHT TREASURER 5.00 X X 0 0 0 PHYLLIS E HUNT SECRETARY 5.00 X X 0 0 0 JULIEN PHILLIPS CHAIR OF THE BOARD 5.00 X X 0 0 0 ANN APPERT BOARD OF TRUSTEES 5.00 X 0 0 0 STAN BARKEY 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 PAT DE JONG BOARD OF TRUSTEES 5.00 X 0 0 0 DARNELL FENNELL BOARD OF TRUSTEES 5.00 X 0 0 0 YVETTE FLUNDER BOARD OF TRUSTEES 5.00 X 0 0 0 LYNNE HINTON BOARD OF TRUSTEES 5.00 X 0 0 0 LINDA JARAMILLO BOARD OF TRUSTEES 5.00 X 0 0 0 KUEI JUNG LI BOARD OF TRUSTEES 5.00 X 0 0 0 CONNIE KY FONG MITCHELL BOARD OF TRUSTEES 5.00 X 0 0 0 ROBERT PHILLIPS BOARD OF TRUSTEES 5.00 X 0 0 0 STANLEY WATSON BOARD OF TRUSTEES 5.00 X 0 0 0 STEPHEN L STERNER PRESIDENT (SERVED TILL 5.30.14) 37.00 X 59835 0 93 BERNARD SCHLAGER PRESIDENT, FORMER ACADEMIC DEAN 37.00 X 94295 0 26150 RANDOLPH MILLER ACADEMIC DEAN 37.00 X 93358 0 14881 PATRICK O'LEARY CHIEF BUSINESS OFFICER 37.00 X 0 0 0 247488 0 41124 0 0 0 0 GRADUATE THEOLOGICAL UNION 2400 RIDGE RD BERKELEY CA 94709 CONSORTIAL SHARED SERVICES 1030384 COLLECTIVE INVENTION INC 2150 ALLSTON WAY STE 400 BERKELEY CA 94704 VISIONING CONSULTING 150267 2 34511 633085 114892 667596 TUITION AND FEES 611710 2459099 2459099 AUXILIARY ENTERPRISES 611710 1545071 1545071 4004170 891442 891442 45560 0 45560 45560 45560 454317 0 454317 454317 454317 SHARED FACULTY/STAFF 611710 129164 129164 OTHER SUPPORT/MISC. INCOME 611710 1013 1013 PASS-THROUGH INCOME FROM SUBSIDIA 900099 -988 -988 129189 6192274 4134347 0 1390331 X 1009721 1009721 385647 158515 227132 2642419 2196958 233006 212455 132833 113663 13553 5617 381796 300664 58350 22782 135210 106839 16644 11727 8977 8977 104682 104682 150946 150946 1379310 660904 693114 25292 168175 73680 61105 33390 61785 6682 32791 22312 606132 704753 -98621 200913 175158 22241 3514 102870 73623 28222 1025 -17629 127 -17756 237371 208216 29155 95313 46798 48515 COST OF SALES - AUX SVC 130093 130093 TAXES, FEES AND INSTITU 74234 37437 34913 1884 EMPLOYEE RECRUITMENT AN 47117 22890 20695 3532 OTHER EXPENSES 19890 18205 1212 473 8057805 6044926 1668876 344003 1868627 996653 8393872 3628794 44986 112482 135905 166839 258535 228054 86344 43076 9943186 7887346 2258680 2055840 27592032 34134612 491520 1456825 2823416 3150228 43953917 45973403 240947 130835 190847 188822 142388 110831 2041486 2176748 2615668 2607236 X 3619365 3644755 9720470 11699462 27998414 28021950 41338249 43366167 43953917 45973403 X -1865531 3670340 223109 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5002 X DISPLAY AND EDUCATIONAL 0 41143486 106 4396514 787344 881025 43871737 38137069 147993 4513117 874665 780028 41143486 41038657 34668 -1000108 1284011 652137 38137069 36470085 194174 6435198 966944 1093856 41038657 34186959 362943 4345206 579888 1845135 36470085 0.17160 0.63230 0.19610 0 0 518830 518830 4236523 3518026 718497 4417726 3616911 800815 765105 752409 12696 5002 5002 2055840 BENEFICIAL INTEREST IN TRUSTS HELD BY OTHERS 3150228 3150228 ASSET RETIREMENT OBLIGATIONS 722000 FUNDS HELD FOR OTHERS 21651 LIABILITIES TO BENEFICIARIES OF SPLIT-INTEREST AGREEMENTS 1433097 2176748 X 8804289 3670340 102342 3772682 5031607 150946 1009721 1160667 6192274 6776371 0 6776371 150946 1130488 1281434 8057805 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, 2014 AND 2013. THE SCHOOLS TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE TAX RETURNS FOR FISCAL YEAR 2011 AND THEREAFTER ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: ACTUARIAL ADJUSTMENT 223,749. ALLOWANCE FOR UNCOLLECTIBLE CONTRIBUTIONS -640. STRATEGIC VISIONING COSTS -61,701. REAL ESTATE PROJECT COSTS -59,066. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 1,009,721. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 1,009,721. STRATEGIC VISIONING COSTS 61,701. REAL ESTATE PROJECT COSTS 59,066. 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 129 1009721 PART I, LINE 2: THE SCHOOL PROVIDES FINANCIAL AID GRANTS THAT MAY BE USED FOR TUITION AND FEES ONLY. X 2 114892 FAIR MARKET VALUE 0 0 0 0 PART I, COLUMN (B): REPRESENTS THE NUMBER OF DONORS FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HIRED FLG PARTNERS, LLC TO PROVIDE A PART TIME CHIEF FINANCIAL OFFICER. THE OFFICER PROVIDED WAS RESPONSIBLE FOR THE FINANCIAL REPORTING, PLANNING AND OPERATING BUDGET REPORTING FOR THE ORGANIZATION. THIS ENGAGEMENT ENDED 1/31/14. FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE AMENDED TO CHANGE THE SIZE AND COMPOSITION OF THE BOARD OF TRUSTEES. THE SIZE OF THE BOARD SHALL NOT BE FEWER THAN 15 NOR MORE THAN 21. THE EXACT NUMBER OF TRUSTEES SHALL BE SET WITHIN THESE LIMITS BY ACTION OF THE BOARD OF TRUSTEES FROM TIME TO TIME. ANY VACANCY FOR AN UNEXPIRED TERM ON THE BOARD MAY BE FILLED BY THE REMAINING TRUSTEES PRESENT AT ANY MEETING OF THE BOARD, ALTHOUGH THE NUMBER OF REMAINING TRUSTEES MAY BE FEWER THAN 15. THE BOARD ALSO CREATED TWO MORE STANDING COMMITTEES EACH CONSISTING OF THREE OR MORE TRUSTEES, INCLUDING THE CHAIRPERSON AND THE PRESIDENT OF THE SCHOOL WHO SHALL BE VOTING EX OFFICIO MEMBERS OF ALL STANDING COMMITTEES TO SERVE AT THE PLEASURE OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF DIRECTORS RECEIVED A FULL COPY OF THE 990 FOR THEIR REVIEW BEFORE FILING WITH THE IRS. 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 430,857. MANAGEMENT AND GENERAL EXPENSES 541,743. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 972,600. STRATEGIC VISIONING CONSULTING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 29,652. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 29,652. HONORARIUMS: PROGRAM SERVICE EXPENSES 63,655. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 2,828. TOTAL EXPENSES 66,483. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 166,392. MANAGEMENT AND GENERAL EXPENSES 121,719. FUNDRAISING EXPENSES 22,464. TOTAL EXPENSES 310,575. FORM 990, PART XI, LINE 9: ACTUARIAL ADJUSTMENT 223,749. DECREASE IN ALLOWANCE FOR UNCOLLECTIBLE CONTRIBUTIONS RECEIVABLES -640. 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. PACIFIC DISCIPLES LLC 1798 SCENIC AVE BERKELEY CA 94709 262691831 RENTAL PROPERTY CA N/A UNRELATED -988 0 0 0.50000 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 1 0 0 0 1 0 0 0 0 1 PACIFIC DISCIPLES LLC S 33707 CASH