2014-04-14T12:49:00-05:00 2013-06-30 363990892 Capin Crouse LLP 3010 Saturn Street Suite 205 Brea CA 92821 990 2012-07-01 951744369 Azusa Pacific University AZUS 6268156000 901 E Alosta Avenue Azusa CA 917027000 Robert Johansen 6268156000 2014-04-09 1 David C Moja P00747006 7149619300 2012 2015-11-30 17:44:51Z Dr Jon R Wallace 901 E Alosta Avenue Azusa CA 917027000 297790152 0 X www.apu.edu X 1947 CA To advance the work of God in the world through academic excellence in higher education. 25 22 5538 1500 848816 131939 10249427 8330962 241719555 259223804 1168951 4925237 8000214 9174060 261138147 281654063 55510961 59662199 0 0 129853660 141525519 35887 23897 3566195 76177322 79345347 261577830 280556962 -439683 1097101 357762208 358057963 187774908 176810220 169987300 181247743 APU is an evangelical Christian community of disciples and scholars who seek to advance the work of God through academic excellence in liberal arts and professional programs of higher education that encourage development of a Christian perspective of truth and life. 0 0 215896728 59662199 236524975 Tuition & Fees:Azusa Pacific University is an evangelical, Christian university committed to God first and excellence in higher education. With 52 undergraduate majors, 28 master's degrees, 14 certificates, 10 credentials, and 8 doctoral programs, the University offers nearly 10,000 students a quality education on campus, online, and at seven regional centers throughout Southern California. 17577248 28980950 Auxiliary Enterprises & Other Program Revenue: The University provides, in addition to quality instruction, student life programs, facilities for the students, and activities to further promote the educational experience of students at the University. 977053 873240 Outreach Ministries:Outreach Ministries help the University fulfill its mission of advancing the work of God in the world and encouraging students to develop a Christian perspective of truth and life. The Institute for Outreach Ministries facilitates trips to other countries. 234451029 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 0 1 1 1 1 1 0 1 1 0 0 1 1 1 1 0 0 0 0 0 1 1 0 1 0 1 0 0 0 1 1 0 0 0 1 13846 0 1 5538 1 1 1 1 MX SF 0 0 0 1 1 0 0 0 0 X 25 22 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X Bob Johansen 6268156000 901 East Alosta Avenue Azusa CA 91702 David C Le Shana Phd 1.00 X X 0 0 0 Sheryl A Patton 1.00 X X 0 0 0 Dr Jon R Wallace 40.00 1.00 X X 299612 0 90708 Larry Acosta 1.00 X 0 0 0 Tom Alkazin 1.00 X 0 0 0 Peggy Campbell 1.00 1.00 X 0 0 0 David J Dias 1.00 X 0 0 0 Robyn Dillon 1.00 X 0 0 0 Dan Fachner 1.00 X 0 0 0 Bill Hooper 1.00 X 0 0 0 Mike Ingram 1.00 X 0 0 0 Ray W Johnston 1.00 1.00 X 0 0 0 Michael D Lizarraga 1.00 1.00 X 0 0 0 Elizabeth Maring 1.00 X 0 0 0 Don Marshburn 1.00 X 0 0 0 Marc McBride 1.00 X 0 0 0 Thomas Miller 1.00 X 0 0 0 Kenneth Ogden 1.00 X 0 0 0 Jeannie Pascale 1.00 X 0 0 0 Steve Perry 1.00 X 0 0 0 David Poole 1.00 X 0 0 0 Earl R Schamehorn 1.00 X 0 0 0 Sally Segerstrom 1.00 X 0 0 0 Tim Stripe 1.00 X 0 0 0 Paul Szeto 1.00 X 0 0 0 Nikolas W Vande Steeg 1.00 1.00 X 0 0 0 Dr John Volmink 1.00 X 0 0 0 Raleigh Washington 1.00 X 0 0 0 Dr Nick Yphantides 1.00 X 0 0 0 Deana Lynn Porterfield 1.00 40.00 X 85465 89990 60775 Dr David Bixby 40.00 X 244117 0 36298 John C Reynolds 1.00 40.00 X 257212 0 48784 Mark S Dickerson 40.00 1.00 X 204543 0 26693 Robert L Johansen 40.00 1.00 X 186459 0 85869 Terry A Franson 40.00 X 174078 0 38211 Dr Mark Stanton 40.00 1.00 X 140659 0 112238 Stephen Grey 1.00 40.00 X 136349 0 23790 David DuFault-Hunter 40.00 X 126207 0 5000 Dr Fred Garlett 40.00 X 176238 0 20780 Dr Aja Lesh 40.00 X 167627 0 29065 Dr David Weeks 40.00 X 158535 0 51891 Dr Ilene Bezjian 40.00 X 153527 0 66825 Dr Diane Guido 40.00 X 139320 0 36381 Dr Todd Emerson 40.00 X 137477 0 29656 Donald Neufeld 40.00 X 142367 0 25400 Jeffrey Birch 40.00 X 134787 0 24175 Dr Michael M Whyte 40.00 X 181074 0 30096 3245653 89990 842635 19 1 1 0 Experts In Marketing Inc 1223 Wilshire Suite 265 Santa Monica CA 90403 Advertising & Media 1267528 Ely Company Inc 17868 Hwy 18 Suite 215 Apple Valley CA 92307 General Contractor 1252590 Doug Giles General Contractor PO Box 78956 Corona CA 92877 General Contractor 1162351 Realty Associates Fund VII LLC c/o Sentre Partners Inc Newark NJ 07101 Property Leasing Agent 882966 Sun Country Campus Development 12221 Poplar Street Suite 21 Hesperia CA 92344 Property Leasing Agent 865351 42 268563 401214 7661185 73322 8330962 Tuition & fees 611600 236524975 236524975 Auxiliary revenue 611600 17748211 17748211 Other prog svc inc 611600 4077378 4077378 Outreach ministries 611600 873240 873240 259223804 3882521 3882521 2000350 737864 1262486 1262486 1262486 5753784 4711068 1042716 1042716 1042716 6612 268563 99215 -92603 -92603 17743303 10587942 7155361 7155361 Prtg/grphcs/media/etc 812900 775912 775912 Banquet sales 722320 74208 74208 Partnership losses 525990 -1304 -1304 848816 281654063 266379165 848816 6095120 208245 208245 58178764 58178764 1275190 1275190 3249169 861518 1900288 487363 568015 321792 246223 106469982 94103494 10414175 1952313 5592698 4827151 624140 141407 18293671 15030405 2977275 285991 7351984 6432546 762557 156881 425457 590 424867 107758 1250 106508 23897 23897 174361 174361 3198742 2401621 772931 24190 6397540 1095147 5142836 159557 8664605 5306767 3290774 67064 4279045 2183665 2041033 54347 3090 3090 12241793 7024344 5216784 665 5811210 5163606 538136 109468 436917 259208 170262 7447 8609282 8609282 11477572 10627214 850358 3772955 2395 3770527 33 All Other Expenses 9022009 6789163 2137610 95236 Books 1257871 1252475 5085 311 O/C Room and Board 956939 946374 10565 O/C Tuition 923139 923139 1585062 622594 962443 25 280556962 234451029 42539738 3566195 18789047 4822524 12555302 8856565 1014986 427500 10920608 12179054 326000 301000 620000 620000 2381110 1950778 1530466 2194239 332609115 103121022 227750087 229488093 28373268 38603554 37833431 41710944 6640744 7327748 9027159 9575964 357762208 358057963 13374878 12381480 4072503 4072503 3912612 2359336 134027000 131441000 2529468 4941862 29858447 21614039 187774908 176810220 X 109098152 118157513 32539991 34356697 28349157 28733533 169987300 181247743 357762208 358057963 X 1097101 1065694 9097648 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2580025 X X X 0 50788068 361953 4076249 2568187 1000 52657083 52143556 877038 26737 2226318 32945 50788068 39228550 8005043 6959286 2049323 52143556 37170265 344882 2610266 896863 39228550 38208092 2318146 -2054627 1301346 37170265 0.48000 0.47000 0.05000 0 0 55875289 55875289 215717409 68871223 146846186 8903433 1422023 7481410 38564192 26214101 12350091 13548792 6613675 6935117 229488093 Limited partnerships 101468 F Real estate 41558305 F Other investments 51171 F 41710944 Annuities Payable 1318904 Trust Liab. Due to Others 308968 Other Liabilities 1853189 Asset Retirement Obligation 1071328 Accrued Loss on Interest Rate Swap 17061650 21614039 X 241297231 1065694 -52847547 -51781853 293079084 -11425021 -11425021 281654063 239323358 17153405 17153405 222169953 58387009 58387009 280556962 Part III, Line 4: The University acquired five original Dead Sea Scroll fragments and a collection of rare Biblical antiquities which expands the existing Special Collections of presidential signatures, rare clocks, rare manuscripts and books held for public exhibition, scholarly research, preservation for future generations, and educational learning purposes. Description of Intended Use of Endowment Funds: Part V, Line 4: Primarily scholarships. Description of Uncertain Tax Positions Under FIN 48: Part X, Line 2: The financial statement effects of a tax position taken or expected to be taken are recognized in the combined financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the combined statements of activities. The University files information tax returns in the U.S. and various states. The University is subject to income tax examinations for the current year and certain prior years based on the applicable laws and regulations. Part XI, Line 2d - Other Adjustments: Student Financial Aid Netted with Revenue on Financial Stmt -58,178,764. Subsidiary activity included in combined financial statements 5,331,217. Part XI, Line 4b - Other Adjustments: Rent Expense Included in 990 Part VIII -737,864. Cost of Goods Sold Included in 990 Part VIII -10,587,942. Fundraising Expense Included in 990 Part VIII -99,215. Part XII, Line 2d - Other Adjustments: Cost of Goods Sold Included in 990 Part VIII 10,587,942. Rent Expense Included in 990 Part VIII 737,864. Fundraising Expense Included in 990 Part VIII 99,215. Subsidiary activity included in combined financial statements 5,728,384. Part XII, Line 4b - Other Adjustments: Student Financial Aid Netted with Revenue on Financial Stmt 58,178,764. Grant to LAPU 208,245. 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 University Undergraduate and Graduate Catalogues state that "Azusa Pacific University, in accordance with applicable federal and state laws and university policies, does not discriminate on the basis of race, color, national origin, sex, age, disability, medical status, or status as a veteran. The university also prohibits sexual harassment. This nondiscrimination policy covers admission, access, operation of university programs and activities, and employment. This policy is in accordance with Titles VI and VII of the Civil Rights Act of 1964, as amended; Title IX of the Educational Amendments of 1972; the Americans with Disabilities Act; and Section 504 of the Rehabilitation Act of 1973". Explanation of Government Financial Assistance Schedule E, Part I, Line 6 The University receives Student Financial Aid awards from the U.S. Department of Education and the California Student Aid Commission. 0 Sub-Saharan Africa - Angola, 1 4 Grants to Recipients Located in Region 1275190 North America - Canada and Mexico, but 1 4 Program services Outreach ministries 1083072 Europe (Including Iceland & Greenland) - 0 1 Program services Foreign studies 467131 2 9 0 0 2 9 2825393 0 2825393 Sub-Saharan Africa Foreign studies 1275190 Wire Transfer 1 0 0 0 0 0 0 Method Used to Acccount for Expenditures: Schedule F, Part I, Line 3: Foreign expenditures are tracked in accordance with the accrual basis of accounting using expense reports, receipts, and other appropriate documentation. X X X X X X X 1 Langley Innovations LLC 10958 Bloomingdale Drive Rockville MD 20852 Consulting 0 0 18000 -18000 Crescendo Interactive Inc 110 Camino Ruiz Camarillo CA 93012 Consulting 0 0 5897 -5897 23897 -23897 Dinner Rally 275175 268563 6612 32901 28921 37393 275175 268563 6612 32901 28921 37393 99215 -92603 1 Los Angeles Pacific University 511 W Citrus Edge Glendora CA 91740 364682140 501 (c) 3 208245 Operations 1 0 Scholarships 6072 58178764 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: The Student Financial Services Department maintains records to substantiate eligibility and election criteria for students receiving awards and scholarships. Departments maintain records of selection criteria and eligibility for recipients of stipend and other awards. All payments are uploaded to their respective categories. The business office reconciles accounts and prepares departmental and grantor reports. X X X 1 1 X X X 0 0 0 0 0 0 0 0 0 Dr Jon R Wallace 297932 0 0 0 1680 0 24400 0 66815 0 390827 0 0 0 Deana Lynn Porterfield 84815 89990 0 0 650 0 6970 4090 37974 12022 130409 106102 0 0 Dr David Bixby 166615 0 41822 0 35680 0 14738 0 21866 0 280721 0 0 0 John C Reynolds 205487 0 44810 0 6915 0 17688 0 31463 0 306363 0 0 0 Mark S Dickerson 189485 0 0 0 15058 0 15165 0 11843 0 231551 0 0 0 Robert L Johansen 164110 0 21509 0 840 0 13754 0 72394 0 272607 0 0 0 Terry A Franson 167458 0 0 0 6620 0 14311 0 24197 0 212586 0 0 0 Dr Mark Stanton 140659 0 0 0 0 0 13527 0 98992 0 253178 0 0 0 Stephen Grey 136349 0 0 0 0 0 11182 0 12840 0 160371 0 0 0 Dr Fred Garlett 141794 0 0 0 34444 0 11620 0 9401 0 197259 0 0 0 Dr Aja Lesh 148298 0 0 0 19329 0 12457 0 16867 0 196951 0 0 0 Dr David Weeks 156388 0 0 0 2147 0 13120 0 39043 0 210698 0 0 0 Dr Ilene Bezjian 139785 0 0 0 13742 0 11939 0 55134 0 220600 0 0 0 Dr Diane Guido 138060 0 0 0 1260 0 11790 0 24835 0 175945 0 0 0 Dr Todd Emerson 137277 0 0 0 200 0 11406 0 18489 0 167372 0 0 0 Donald Neufeld 126625 0 0 0 15742 0 10453 0 15164 0 167984 0 0 0 Jeffrey Birch 111395 0 0 0 23392 0 9228 0 15138 0 159153 0 0 0 Dr Michael M Whyte 175666 0 0 0 5408 0 14672 0 15729 0 211475 0 0 0 Part I, Line 1a Personal Services: The President lives in housing provided by Azusa Pacific University. The housing is provided to the President for the convenience of the school and as a condition of employment on the business premises. The fair rental value of this housing is shown as a nontaxable benefit on Schedule J Part II. The University maintains the residence since it is campus property. A housing allowance is also provided to officers who are ordained ministers. The housing allowance is approved by the board and documented in the board minutes. First Class Travel: The governing board has specifically authorized this and recognizes it as necessary and for bonafide business purpose. A California Municipal Finance Authority 201563466 13048THN6 2011-04-05 136685000 Refinance Series 2007 bonds 0 0 0 A 131730000 13668500 4954912 88 0 1 0 1 A 0 0 1 0 0 0 0 0 A 0 0 1 0 1 1 Wells Fargo Bank NA 28.000000000000 0 0 0 Not applicable 0 0 0 David Bixby Assoc. Inv agreement per employee contract agreement X 250000 200000 0 1 1 David Dufault Hunter Assoc. Inv agreement per employee contract agreement X 101000 101000 0 1 1 301000 148112 Qualified tuition discount Gail A Wallace Family of President 44595 Employment 0 D Craig Wallace Family of President 97008 Employment 0 Dustin Scott Reynolds Family of EVP ADM 52128 Employment 0 Jonathan Krimmel Family of VP Bus Aff/CFO 69354 Employment 0 Matt Wallace Family of President 79488 Employment 0 Erin Thorp Family of Provost 55220 Employment 0 Kari Bixby Family of EVP Adv 59011 Employment 0 Martha Garlett Family of Dean - APS 10322 Employment 0 Jason LeShana Family of Trustee 66586 Employment 0 Ryan Somers Family of Trustee 27470 Employment 0 X 1 3775 Fair market value X 1 4451 Stock market value X 3 8000 Appraisal X Violin and Bow 1 7500 Fair market value X Scientific Equipment 1 6000 Fair market value X Classroom Equipment 2 42017 Fair market value X Sports Equipment 1 1579 Fair market value 0 1 0 Method for Determining Number of Contributions: Part I, Column (b): The number of contibutions listed represents the number of contributions received. Form 990, Part VI, Section A, line 1 The governing body has delegated broad authority to the Executive Committee. The Executive Committee is composed of Peggy Campbell, Dave Dias, Dan Fachner, Bill Hooper, David Le Shana, Michael Lizarraga, Elizabeth Maring, Don Marshburn, Sheryl Patton, David Poole and Jon Wallace. The scope of the Executive Committee's authority may be found in the bylaws of APU. The bylaws state that, "The Executive Committee, to the extent provided in the Bylaws, shall have all the authority of the Board, except (a) The approval of any action for which the California Nonprofit Corporation Law also requires approval of the members or approval of a majority of all members; (b) The filling of vacancies on the Board or in any committee which has the authority of the Board; (c) The amendment or repeal of Bylaws or the adoption of the new Bylaws; (d) The amendment or repeal of any resolution of the Board, which by its express terms is not so amendable or repealable; (e) The appointment of Committees of the Board or the members thereof." All members of the Executive Committee are also members of the Board of Trustees. Form 990, Part VI, Section A, line 2 President Jon Wallace and Executive Vice President David Bixby are Brother-in-Laws. Form 990, Part VI, Section B, line 11 Form 990 is prepared by an independent CPA firm and reviewed by the organization's top management. The reviewed Form 990 is then forwarded to the board of directors for review prior to filing. Form 990, Part VI, Section B, line 12c Annually, the Office of the General Counsel has all trustees, officers, and other key employees complete a conflict of interest questionnaire and the General Counsel addresses any disclosed conflicts of interest pursuant to the processes set forth in the University's Policy on Conflicts of Interest. All potential conflicts of interest by administrators, officers or trustees of the institution are brought to the attention of the Chairman of the Board of Trustees and General Counsel for resolution. Form 990, Part VI, Section B, line 15 Any changes to the compensation of the University's CEO and executive officers is approved by the Board of Trustees based on market survey data. Periodically, the University retains the services of an independent compensation consultant to review the compensation of the CEO and executive officers and to report to the Board of Trustees. The compensation of other key employees is reviewed and approved by the executive officer or administrator to whom they report. The process and decisions are recorded for all compensated officers, trustees, and key employees. Form 990, Part VI, Section C, line 19 Available upon request Changes in Net Assets or Fund Balances: Form 990, Part XI, line 9: Accretion for Asset Retirement Obligation -38,694. Change in Value of Beneficial Trust 1,030,290. Change in Value of Split Interest Agreements -84,329. Endowment Gifts 249,373. Unrealized Loss on Interest Rate Swap 7,941,008. Explanation for Responsibility Form 990, Part XII, Line 2c: The organization has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. This process has not changed since the prior year. Azusa Pacific Holdings LLC 2575 E Camelback Road Phoenix AZ 85016 Real estate AZ N/A Engstrom Institute 635 Camino de los Mares Ste 216 San Clemente CA 92673 CA Los Angeles Pacific University 901 E Alosta Avenue Azusa CA 91702 364682140 Online higher education CA 501(c)(3) Line 2 Azusa Pacific University 0 Christian Leadership Alliance 635 Camino De Los Mares San Clemente CA 92673 953451239 Empower christian leaders CA 501(c)(3) Line 9 Azusa Pacific University 0 API Education Foundation 366 Ridge Road Overport Durban SF Study abroad program SF 0 Azusa Pacific Mexicali c/o Carolyn Koons Avenida de la Ma Tijuana Tijuana MX 22320 Real estate MX 0 Azusa Ensenada C/O Carolyn Koons Avenida de la Ma Tijuana Tijuana MX 22320 Real estate MX 0 Amigos de Ejido AC c/o Carolyn Koons Avenida de la Ma Tijuana Tijuana MX 22320 Real estate MX 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 Los Angeles Pacific University B 208245 General ledger Los Angeles Pacific University O 109327 General ledger Non-governmental organizations Schedule R, Part IV: For transparency reasons we have listed these non-governmental organizations structured as organizations in Mexico. The figures have not been listed as the amounts have been consolidated as part of the 990.