2014-05-14T17:33:24-05:00 2013-06-30 910189318 MOSS ADAMS LLP 9665 GRANITE RIDGE DRIVE SUITE 600 SAN DIEGO CA 92123 990 2012-07-01 956002998 VANGUARD UNIVERSITY OF SO CAL VANG 7145563610 55 FAIR DRIVE COSTA MESA CA 92626 LETTIE COWIE 7145563610 2014-05-05 1 PATRICIA J MAYER P00188643 8586271400 2012 2015-11-30 17:44:51Z LETTIE COWIE 55 FAIR DRIVE COSTA MESA CA 92626 63009287 0 X WWW.VANGUARD.COM X 1920 CA TO EQUIP EACH STUDENT FOR A SPIRIT-EMPOWERED LIFE OF CHRIST-CENTERED LEADERSHIP AND SERVICE. 18 14 1048 324 7190 1172 2822856 2475424 54666371 59618455 -15665 5647 -29196 -26438 57444366 62073088 17091148 18019622 0 0 20143036 22006632 0 300000 850465 17638462 18000398 54872646 58326652 2571720 3746436 40977858 40488459 34697714 30375106 6280144 10113353 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 37597645 17783740 50524781 UNDERGRADUATE: A 4-YEAR BACHELOR OF ARTS OR SCIENCE DEGREE IN 39 MAJORS AND CONCENTRATIONS. 2581917 95249 5473139 PROFESSIONAL STUDIES: PROGRAMS FOR ADULT PROFESSIONALS, AWARDING AN EARLY CHILDHOOD EDUCATION CERTIFICATE, ASSOCIATES OF ARTS DEGREE IN EARLY CHILDHOOD EDUCATION, BACHELOR OF ARTS DEGREES IN BUSINESS, PSYCHOLOGY, EARLY CHILDHOOD EDUCATION AND RELIGION, AND A BACHELOR OF SCIENCE DEGREE IN NURSING. 632950 26544 789560 GRADUATE EDUCATION: OFFERS MULTIPLE SUBJECT AND SINGLE SUBJECT CALIFORNIA PRELIMINARY TEACHING CREDENTIALS AND AWARDS FIVE MASTER OF ARTS IN EDUCATION DEGREES: M.A. AND PRELIMINARY CREDENTIAL: M.A. WITH PRELIMINARY CREDENTIAL, AND CHRISTIAN EDUCATION LEADERSHIP; M.A. AND CHRISTIAN EDUCATION LEADERSHIP; M.A. IN EDUCATION, INDUCTION; AND M.A. IN EDUCATION, TEACHER LEADERSHIP. 2419833 114089 2830975 OTHER GRADUATE PROGRAMS, INCLUDING: M.A. IN EARLY CHILDHOOD EDUCATION; M.A. IN CLINICAL PSYCHOLOGY; M.A. IN RELIGION; M.A. IN NURSING. 2419833 114089 2830975 43232345 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 1 0 0 0 0 1 1 0 0 0 1 1 0 0 0 1 1 0 0 0 1 0 0 0 0 1 1 0 0 0 1 85 0 1 1048 1 1 1 0 0 0 0 1 1 0 0 0 0 X 18 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X VANGUARD UNIVERSITY OF SOUTHERN CALIFORNIA 7145563610 55 FAIR DRIVE COSTA MESA CA 92626 JONATHAN ALLBAUGH 1.00 X X 0 0 0 CURT CARSON 1.00 1.00 X 0 0 0 DAVID CLARK 1.00 40.00 X 0 0 0 VERN CLARK 1.00 X 0 0 0 TIM DRESSELHAUS 1.00 X 0 0 0 DOUG GREEN 1.00 X X 0 0 0 ROBERT GREINER 1.00 X 0 0 0 RICH GUERRA 1.00 X 0 0 0 JOHN MARTIN 1.00 X 0 0 0 JEREMY MOSER 1.00 X 0 0 0 SERGIO NAVARRETE 1.00 X 0 0 0 DAVID ODDO 1.00 1.00 X X 0 0 0 LANCE PITTLUCK 1.00 X 0 0 0 TOM PRINCE 1.00 X 0 0 0 DELBERT TARR TO 102012 1.00 X 0 0 0 JOHANNA TOWNSEND 1.00 X 0 0 0 KEN WAYMAN 1.00 X 0 0 0 GEORGE WOOD 1.00 X 0 0 0 CAROL TAYLOR TO 61513 40.00 1.00 X X 153052 0 68222 PHIL ROBINETTE 1.00 X 0 0 0 LETTIE COWIE 40.00 1.00 X 148358 0 11200 KELLY KANNWISHER 40.00 1.00 X 131173 0 5400 KIM JOHNSON 40.00 X 153000 0 0 585583 0 84822 4 0 1 0 BON APPETIT 2400 YORKMONT RD CHARLOTTE NC 28217 FOOD SERVICES 2740644 ARAMARK 24818 NETWORK PLACE CHICAGO IL 606731248 MAINTENANCE AND GROUNDSKEEPING 1836155 CITY PLUMBING 8630 CLETA ST DOWNEY CA 90241 PLUMBING 662515 CPI CONSULTANTS INC 5423 HARVEY WAY LONG BEACH CA 90808 ARCHITECTURE 514872 LB&K 154 S VALENCIA GLENDORA CA 91741 CONSTRUCTION 477047 10 46730 84765 9750 2334179 29645 2475424 STUDENT TUITION AND FEES 611710 49843321 49843321 AUXILIARY ENTERPRISES 611710 8729334 8729334 SUPPORT SERVICES - OTHER 611710 1045800 1045800 59618455 12604 12604 116463 740000 113420 750000 3043 -10000 -6957 -6957 39151 46730 72779 -33628 -33628 RENTAL REVENUE 900099 7190 7190 7190 62073088 59618455 7190 -27981 18019622 18019622 388518 388518 17967222 13795638 3896984 274600 2231796 1648411 542548 40837 1419096 1055238 338388 25470 4773191 3019276 1753915 50542 50542 89658 89658 300000 300000 1640873 365962 1274911 281114 17028 209836 54250 3407034 1570938 1755383 80713 835050 201972 633078 886039 386138 499901 1239605 1016719 168020 54866 105009 65156 20124 19729 1653277 777718 875559 2183676 1017594 1166082 270901 6868 264033 DUES AND MEMBERSHIPS 250612 152937 97675 PROFESSIONAL DEVELOPMEN 149738 57886 91852 PROPERTY TAX 125490 125490 PROGRAM EVENTS EXPENSE 44238 44238 14351 13006 1345 58326652 43232345 14243842 850465 8585400 6939299 78212 452255 1900979 1869783 2058745 2000440 520387 592940 64768023 38053741 25833811 26714282 554722 494336 1445602 1425124 40977858 40488459 3051809 2746823 1316762 1866213 1327536 9281 24652865 23143664 4348742 2609125 34697714 30375106 X 2010465 5225787 4256232 4836984 13447 50582 6280144 10113353 40977858 40488459 X 3746436 86773 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1723320 1723320 44447719 21989307 22458412 1320105 423889 896216 7879723 6835316 1044407 9397156 8805229 591927 26714282 TUITION REMISSION LIABILITY 342695 TRUST REMAINDER LIFE OBLIGATIONS 385266 PERKINS LOAN LIABILITY 1861680 STUDENT REFUNDABLE CREDITS 19484 2609125 X DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: 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, 2013 AND 2012. WITH FEW EXCEPTIONS, THE UNIVERSITY IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE 2010 FOR ITS FEDERAL FILINGS AND FOR YEARS BEFORE 2009 FOR ITS STATE FILINGS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION 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. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE 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. X 1 COMMUNITY COUNSELING SERVICE CO PO BOX 824885 PHILIDELPHIA PA 191824885 FUNDRAISING 0 0 300000 -300000 300000 -300000 CHRISTMAS FANTASIA 85881 46730 39151 4500 26685 550 41044 85881 46730 39151 4500 26685 550 41044 72779 -33628 1 FINANCIAL AID - SCHOLARSHIPS 1708 18019622 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: STUDENT FINANCIAL AID AND SCHOLARSHIPS ARE NON-DISCRIMINATORY AND ARE BASED UPON A SET CRITERIA OF STUDENT NEED, GRADE POINT AVERAGE AS WELL AS OTHER FACTORS ARE USED TO DETERMINE TOTAL AID AWARDED TO THE RESPECTIVE STUDENTS. THE AWARD IS DETERMINED BY AN INDEPENDENT FINANCIAL AID COMMITTEE. X 1 1 X X X 0 0 0 0 0 0 0 0 0 CAROL TAYLOR TO 61513 153052 0 0 0 0 0 21497 0 46725 0 221274 0 0 0 LETTIE COWIE 148358 0 0 0 0 0 11200 0 0 0 159558 0 0 0 KIM JOHNSON 153000 0 0 0 0 0 0 0 0 0 153000 0 0 0 PART I, LINE 1A A HOUSING ALLOWANCE IS PROVIDED TO THE PRESIDENT AND CHIEF ACADEMIC OFFICER. THE BENEFIT IS TREATED AS A NON-TAXABLE BENEFIT. DON JUDKINS BOARD MEMBER OPERATIONS X 2910000 9281 0 1 1 9281 52500 INSTITUTIONAL AID X 2 29645 MARKET VALUE 0 1 0 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, LINE-BY-LINE REVIEW BY THE AUDIT COMMITTEE; 3. A BRIEIFING AND REVIEW OF MAJOR ISSUES (IF ANY EXISTS) GIVEN TO THE EXECUTIVE 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 AUDIT OR 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 INCIDENCES 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 AUDIT COMMITTEE WHO ARE INDEPENDENT. THE PROCESS IS DOCUMENTED AND WAS LAST DONE 10/17/12. COMPENSATION FOR ALL OTHER OFFICERS IS BASED ON COMPARABLE DATA REVIEWED BY AUDIT COMMITTEE WHO ARE INDEPENDENT. THE PROCESS IS DOCUMENTED AND WAS LAST DONE 10/17/12. 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST 86,773. 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 84765 CASH