2013-05-15T15:54:46-05:00 2012-06-30 910189318 MOSS ADAMS LLP 9665 GRANITE RIDGE DRIVE SUITE 600 SAN DIEGO CA 92123 990 2011-07-01 956002998 VANGUARD UNIVERSITY OF SO CAL VANG 7145563610 55 FAIR DRIVE COSTA MESA CA 92626 LETTIE COWIE 7145563610 2013-05-08 1 PATRICIA J MAYER P00188643 8586271400 2011 2016-02-24 21:20:13Z CAROL A TAYLOR 55 FAIR DRIVE COSTA MESA CA 92626 57752573 0 X WWW.VANGUARD.EDU X 1920 CA TO EQUIP EACH STUDENT FOR A SPIRIT-EMPOWERED LIFE OF CHRIST-CENTERED LEADERSHIP AND SERVICE. 19 15 994 301 0 0 2669428 2822856 51715520 54666371 27702 -15665 -64852 -29196 54347798 57444366 15009507 17091148 0 0 18249949 20143036 0 0 514499 17850419 17638462 51109875 54872646 3237923 2571720 39670172 40977858 35993470 34697714 3676702 6280144 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 35655368 16664388 46518525 UNDERGRADUATE: A 4-YEAR BACHELOR OF ARTS OR SCIENCE DEGREE IN 33 MAJORS AND CONCENTRATIONS. 2256674 212893 4295839 SCHOOL FOR PROFESSIONAL STUDIES: SCHOOL 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. 789915 150933 868723 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. 2714995 62934 2983284 OTHER GRADUATE PROGRAMS, INCLUDING: M.A. IN EARLY CHILDHOOD EDUCATION; M.A. IN CLINICAL PSYCHOLOGY; M.A. IN RELIGION; M.A. IN NURSING. 2714995 62934 2983284 41416952 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 1 0 1 0 0 0 1 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 95 0 1 994 1 0 0 0 0 0 1 1 0 0 0 0 X 19 15 0 0 1 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 JON BASALONE 1.00 X 0 0 0 CURT CARSON 1.00 X 0 0 0 DAVID CLARK 1.00 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 X X 0 0 0 LANCE PITTLUCK 1.00 X 0 0 0 TOM PRINCE 1.00 X 0 0 0 EVELYN ROBERTSON 1.00 X 0 0 0 DELBERT TARR 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 40.00 X X 168626 0 75859 LETTIE COWIE 40.00 X 153753 0 7699 JEFF HITTENBERGER 40.00 X 101648 0 58360 KELLY KANNWISHER 40.00 X 128527 0 9988 KIM JOHNSON 40.00 X 153750 0 0 706304 0 151906 5 0 1 0 BON APPETIT 2400 YORKMONT RD CHARLOTTE NC 28217 FOOD SERVICES 2658800 ARAMARK 24818 NETWORK PLACE CHICAGO IL 606731248 MAINTENANCE AND GROUNDSKEEPING 1707472 CPI DESIGN 5423 HARVEY WAY LONG BEACH CA 90808 ARCHITECTURE 676180 CITY PLUMBING 8630 CLETA ST DOWNEY CA 90241 PLUMBING 528139 LB&K 154 S VALENCIA GLENDORA CA 91741 CONSTRUCTION 345184 9 51315 99255 115111 2557175 2822856 STUDENT TUITION AND FE 611710 45503171 45503171 AUXILIARY ENTERPRISES 611710 8367974 8367974 SUPPORT SERVICES - OTH 611710 795226 795226 54666371 10946 10946 218822 245433 -26611 -26611 -26611 33578 51315 62774 -29196 -29196 57444366 54666371 0 -44861 17091148 17091148 432466 432466 16727275 13058394 3389218 279663 1759858 868777 854725 36356 1223437 814383 387660 21394 5536267 3113404 2328120 94743 56738 56738 112226 112226 1534362 836448 697914 501169 4713 476732 19724 3820714 2308455 1476667 35592 533347 146808 386539 1015456 847679 158559 9218 64882 37434 9639 17809 1755879 1009250 746629 2074725 1193450 881275 436214 4998 431216 PROPERTY TAX 107669 4215 103454 MISCELLANEOUS 79377 70511 8866 UNIFORMS 3915 1393 2522 COMMENCEMENT 3772 3742 30 1750 1750 54872646 41416952 12941195 514499 6759560 8585400 480600 78212 1662912 1900979 2074331 2058745 452618 520387 61703874 35870063 25343072 25833811 811487 554722 2085592 1445602 39670172 40977858 2719199 3051809 371732 1316762 1810500 1327536 26068585 24652865 5023454 4348742 35993470 34697714 X -120555 2010465 3797153 4256232 104 13447 3676702 6280144 39670172 40977858 X 2571720 31722 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1723320 1723320 42518442 20911488 21606954 1041861 418819 623042 7123160 6558090 565070 9297091 7981666 1315425 25833811 TUITION REMISSION LIABILITY 334237 TRUST AND REMAINDER LIFE OBLIGATIONS 501565 PERKINS LOAN LIABILITY 1980523 STUDENTS REFUNDABLE CREDITS 1532417 4348742 PART X, LINE 2, FIN 48 (ASC 740): IN ACCORDANCE WITH PROVISIONS OF GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, THE UNIVERSITY HAD NO UNCERTAIN TAX POSITIONS AND/OR OBLIGATIONS AT JUNE 30, 2012 AND 2011. 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 THE MAILING OF 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. MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES EDUCATION 33523 0 0 0 0 0 0 33523 0 33523 0 0 0 0 0 0 CHRISTMAS FANTASIA 84893 51315 33578 3000 20670 39104 84893 51315 33578 3000 20670 39104 62774 -29196 1 FINANCIAL AID - SCHOLARSHIPS 1695 17091148 0 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 168626 0 0 0 0 0 19896 0 55963 0 244485 0 0 0 LETTIE COWIE 153753 0 0 0 0 0 4800 0 2899 0 161452 0 0 0 JEFF HITTENBERGER 101648 0 0 0 0 0 6000 0 52360 0 160008 0 0 0 KIM JOHNSON 153750 0 0 0 0 0 0 0 0 0 153750 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 X 2910000 1327536 0 1 1 1327536 52500 INSTITUTIONAL AID FORM 990, PART VI, SECTION A, LINE 4 THE CHANGES TO THE UNIVERSITY BYLAWS WERE MINOR. THERE WAS A CHANGE TO THE WORDING OF THE UNIVERSITY'S MISSION STATEMENT, AS WELL AS A CHANGE IN PROCEDURAL REPORTING. 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 IN ACCORDANCE WITH POLICY, THE PRESIDENTIAL 360 PERFORMANCE REVIEW WAS PERFORMED BY AN OUTSIDE CONSULTANT AND TOOK PLACE IN FEBRUARY 2012. PRESIDENTIAL SALARY IS REVIEWED ON AN ANNUAL BASIS AT THE MAY EXECUTIVE COMMITTEE MEETING, NOTING THAT ONE WAS NOT DONE IN 2012 DUE TO 360 PERFORMANCE REVIEW AND ISSUANCE OF CONTRACT. 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 5: NET UNREALIZED GAINS ON INVESTMENTS: 92,294. CHANGE IN SPLIT INTEREST -60,572. TOTAL TO FORM 990, PART XI, LINE 5: 31,722. FORM 990, PART VII: NAME ORGANIZATION TITLE HOURS CURT CARSON FILING ORG. BOARD MEMBER 1.0 FOUNDATION CHAIRMAN OF THE BOARD 1.0 DAVID ODDO FILING ORG. CHAIRMAN OF THE BOARD 1.0 FOUNDATION BOARD MEMBER 1.0 KELLY KANNWISCHER FILING ORG. VP UNIVERSITY ADVANCEMENT 40.0 FOUNDATION FOUNDATION PRESIDENT 1.0 LETTIE COWIE FILING ORG. CHIEF FINANCIAL OFFICER 40.0 FOUNDATION FOUNDATION TREASURER 1.0 CAROL TAYLOR FILING ORG. UNIVERSITY PRESIDENT 40.0 FOUNDATION UNIVERSITY PRESIDENT 1.0 VANGUARD UNIVERSITY FOUNDATION 55 FAIR DRIVE COSTA MESA CA 92626 UNIVERSITY ENDOWED SCHOLARSHIP PROGRAMS CA 501(C)(3) 11(A) VANGUARD UNIVERSITY OF SOUTHERN CALIFORNIA 1 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 VANGUARD UNIVERSITY FOUNDATION C 99255 CASH