2013-04-30T12:15:37-05:00 2012-06-30 363990892 Capin Crouse LLP 3010 Saturn Street Ste 205 Brea CA 92821 990 2011-07-01 951744369 Azusa Pacific University AZUS 6268156000 901 E Alosta Avenue Azusa CA 917027000 Joyce Williams 6268156000 2013-04-29 1 David C Moja P00747006 7149619300 2011 2016-03-07 17:11:31Z Dr Jon R Wallace 901 E Alosta Avenue Azusa CA 917027000 273496062 0 X www.apu.edu X 1947 CA To advance the work of God in the world through academic excellence in higher education. 28 27 5336 1395 486462 0 15340173 10249427 220405574 241719555 3389461 1168951 30954176 8000214 270089384 261138147 43727781 55510961 0 0 122974934 129853660 9300 35887 3382423 77284601 76177322 243996616 261577830 26092768 -439683 361951418 357762208 179344161 187774908 182607257 169987300 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 193697542 54293346 220044121 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. 22969536 32988334 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. 2128082 1217615 845896 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. 218795160 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 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 0 1 14352 0 1 5336 1 1 1 1 MX SF 0 0 0 1 1 0 0 0 0 X 28 27 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 Evan R Collins 1.00 X X 0 0 0 Dr Jon R Wallace 40.00 X X 296432 0 84838 Larry Acosta 1.00 X 0 0 0 David Axene 1.00 X 0 0 0 Peggy Campbell 1.00 X 0 0 0 Sally Colace 1.00 X 0 0 0 David J Dias 1.00 X 0 0 0 Robyn Dillon 1.00 X 0 0 0 Greg Dixon 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 X 0 0 0 Michael D Lizarraga 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 David Poole 1.00 X 0 0 0 Earl R Schamehorn 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 X 0 0 0 Dr John Volmink 1.00 X 0 0 0 Dr Nick Yphantides 1.00 X 0 0 0 Deana Lynn Porterfield 40.00 X 144861 0 46926 Dr David Bixby 40.00 X 205808 0 47166 John C Reynolds 40.00 X 254329 0 67623 Mark S Dickerson 40.00 X 218214 0 20225 Robert L Johansen 40.00 X 175761 0 81104 Terry A Franson 40.00 X 184093 0 23723 Dr Mark Stanton 40.00 X 136370 0 85171 Stephen Grey 40.00 X 132566 0 19825 David DuFault-Hunter 40.00 X 111082 0 16623 Dr Fred Garlett 40.00 X 174127 0 17676 Dr Aja Lesh 40.00 X 160556 0 21204 Dr David Weeks 40.00 X 161857 0 40031 Dr Ilene Bezjian 40.00 X 145293 0 47824 Dr Diane Guido 40.00 X 134493 0 28776 Dr Todd Emerson 40.00 X 129985 0 22950 Donald Neufeld 40.00 X 128607 0 20181 Jeffrey Birch 40.00 X 126845 0 18828 Dr Michael M Whyte 40.00 X 190334 0 27874 3211613 0 738568 19 1 1 0 Doug Giles General Contractor PO Box 78956 Corona CA 92877 General Contractor 1132069 Air Tyme Air Conditioning & Heating Srvs 4650 Arrow Hwy STE G-25 Montclair CA 91763 Airconditioning & Heating Srvs 523180 ICI Sales PMB 405-18032-C Lemon Dr Yorba Linda CA 92886 Product and Installation 241685 Athens Services PO Box 600009 City of Industry CA 91716 Waste Removal Services 204465 KH Carpet Mills 9859 Shapiro Way South El Monte CA 91733 Carpet and Services 151555 8 195404 917422 9136601 725445 10249427 Tuition & fees 611600 220044121 220044121 Auxiliary revenue 611600 16608104 16608104 Other prog svc inc 611600 4221434 4221434 Outreach ministries 611600 845896 845896 241719555 963169 963169 1673118 1380626 292492 292492 292492 2019744 1813962 205782 205782 205782 4355 195404 96341 -91986 -91986 16380232 9066986 7313246 7313246 Prtg/grphcs/media/etc 812900 415441 415441 Banquet sales 722320 72209 72209 Partnership losses 525990 -1188 -1188 486462 261138147 249032801 486462 1369457 2280186 2280186 52013160 52013160 1217615 1217615 3010029 793765 1772655 443609 383428 225043 158385 99173677 87507139 9858925 1807613 5185939 4460921 604738 120280 15307281 12777054 2340844 189383 6793306 5939854 708055 145397 227117 99 227018 157384 157384 35887 35887 163058 163058 3549256 2506660 1011672 30924 5981881 1175171 4725525 81185 8746998 5204784 3420574 121640 6192029 2261174 3862139 68716 3230 3230 9180651 5837891 3328402 14358 5459666 4753635 576900 129131 396067 233118 156721 6228 8026728 8026728 11028341 10224642 803699 3149158 3149158 All Other Expenses 7164474 6469285 517762 177427 Maint, Repair, Renov 1944261 800432 1143829 O/C Room and Board 1902653 1887206 15447 Books 1275663 1252523 22497 643 1628707 943845 674860 10002 261577830 218795160 39400247 3382423 7476876 18789047 23580811 12555302 1650448 1014986 12220227 10920608 400000 326000 220000 294000 2041264 2381110 1176984 1530466 319535233 91785146 231618805 227750087 28732129 28373268 38524773 38159431 6776637 6640744 7532464 9027159 361951418 357762208 13104763 13374878 4072503 4072503 4677102 3912612 137058000 134027000 2577590 2529468 17854203 29858447 179344161 187774908 X 122658781 109098152 32568211 32539991 27380265 28349157 182607257 169987300 361951418 357762208 X -439683 -12180274 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2580025 X X X 0 52143556 877038 26737 2226318 32945 50788068 39228550 8005043 6959286 2049323 52143556 37170265 344882 2610266 896863 39228550 38208092 2318146 -2054627 1301346 37170265 0.48000 0.48000 0.04000 0 0 55875289 55875289 213889004 61758129 152130875 3409203 966394 2442809 34243726 22758413 11485313 12118011 6302210 5815801 227750087 Limited partnerships 101468 F Real estate 37131830 F Other investments 926133 F 38159431 Annuities Payable 1322012 Trust Liab. Due to Others 336590 Other Liabilities 2164553 Asset Retirement Obligation 1032634 Accrued Loss on Interest Rate Swap 25002658 29858447 261138147 261577830 -439683 -845116 -11335158 -12180274 -12619957 220606447 -845116 -50230537 -51075653 271682100 -10543953 -10543953 261138147 221776547 14492063 14492063 207284484 54293346 54293346 261577830 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. Part XI, Line 8 - Other Adjustments: Change in Value of Split Interest Agreements 92,382. Unrealized Loss on Interest Rate Swap -11,391,037. Accretion for Asset Retirement Obligation -36,503. Total to Schedule D, Part XI, Line 8: -11,335,158. Part XII, Line 2d - Other Adjustments: Student Financial Aid Netted with Revenue on Financial Stmt -52,013,160. Subsidiary activity included in combined financial statements 1,782,623. Part XII, Line 4b - Other Adjustments: Rent Expense Included in 990 Part VIII -1,380,626. Cost of Goods Sold Included in 990 Part VIII -9,066,986. Fundraising Expense Included in 990 Part VIII -96,341. Part XIII, Line 2d - Other Adjustments: Cost of Goods Sold Included in 990 Part VIII 9,066,986. Rent Expense Included in 990 Part VIII 1,380,626. Fundraising Expense Included in 990 Part VIII 96,341. Subsidiary activity included in combined financial statements 3,948,110. Part XIII, Line 4b - Other Adjustments: Student Financial Aid Netted with Revenue on Financial Stmt 52,013,160. Grant to APOU 2,280,186. 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 compliance with Titles VI and VII of the Civil Rights Acts of 1964 and Title IX of the Educational Amendments of 1972 does not discriminate on the basis of race, color, national origin, gender, age, disability, or status as a veteran in any of its policies, practices, or procedures. The University has not utilized the general newsprint circulation or broadcast media at this time. 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. Sub-Saharan Africa - Angola, 1 4 Program services Foreign studies 1217615 North America - Canada and Mexico, but 1 4 Program services Outreach ministries 910467 Europe (Including Iceland & Greenland) - 0 0 Program services Foreign studies 578161 2 8 0 0 2 8 2706243 0 2706243 X 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 30200 0 Crescendo Interactive Inc 110 Camino Ruiz Camarillo CA 93012 Consulting 0 0 5687 0 35887 Dinner Rally 199759 195404 4355 28789 24211 43341 199759 195404 4355 28789 24211 43341 96341 -91986 1 Azusa Pacific Online University 511 W Citrus Edge Glendora CA 91740 364682140 501 (c) 3 2280186 Operations Scholarships 5304 52013160 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 1 0 0 0 0 0 Dr Jon R Wallace 294898 0 0 0 1534 0 24400 0 60438 0 381270 0 0 0 Deana Lynn Porterfield 143841 0 0 0 1020 0 11956 0 34970 0 191787 0 0 0 Dr David Bixby 166856 0 28500 0 10452 0 14816 0 32350 0 252974 0 0 0 John C Reynolds 201956 0 45398 0 6975 0 16076 0 51547 0 321952 0 0 0 Mark S Dickerson 200238 0 17265 0 711 0 14723 0 5502 0 238439 0 0 0 Robert L Johansen 156566 0 17265 0 1930 0 13177 0 67927 0 256865 0 0 0 Terry A Franson 148187 0 29873 0 6033 0 12511 0 11212 0 207816 0 0 0 Dr Mark Stanton 136370 0 0 0 0 0 16207 0 68964 0 221541 0 0 0 Stephen Grey 132566 0 0 0 0 0 10856 0 8969 0 152391 0 0 0 Dr Fred Garlett 174127 0 0 0 0 0 11281 0 6395 0 191803 0 0 0 Dr Aja Lesh 160556 0 0 0 0 0 12095 0 9109 0 181760 0 0 0 Dr David Weeks 160777 0 0 0 1080 0 12713 0 27318 0 201888 0 0 0 Dr Ilene Bezjian 143863 0 0 0 1430 0 11591 0 36233 0 193117 0 0 0 Dr Diane Guido 132983 0 0 0 1510 0 11147 0 17629 0 163269 0 0 0 Dr Todd Emerson 129585 0 0 0 400 0 10602 0 12348 0 152935 0 0 0 Dr Michael M Whyte 189014 0 0 0 1320 0 15457 0 12417 0 218208 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. Part I, Line 5 David Bixby, Executive VP of Development, receives a yearly bonus of a set amount contingent on his meeting set criteria established beforehand by independent persons. California Municipal Finance Authority 201563466 13048THN6 2011-04-05 136685000 Refinance Series 2007 bonds 0 0 0 131730000 13668500 4954912 88 0 1 0 1 0 0 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 225000 225000 0 1 1 David Dufault Hunter Assoc. Inv agreement per employee contract agreement X 101000 101000 0 1 1 326000 Qualified tuition discount 159238 Gail A Wallace Family of President 17910 Employment 0 D Craig Wallace Family of President 91985 Employment 0 Dustin Scott Reynolds Family of EVP ADM 13823 Employment 0 Jon Krimmel Family of VP Bus Aff/CFO 31728 Employment 0 Matt Wallace Family of President 53391 Employment 0 Erin Thorp Family of Provost 22611 Employment 0 Kari Bixby Family of EVP Adv 19184 Employment 0 Martha Garlett Family of Dean - APS 19970 Employment 0 Jason LeShana Family of Trustee 44219 Employment 0 X 51025 Appraisal X 1406 Fair market value X 2 8275 Fair market value X 3 104863 Stock market value X 1 112283 Appraisal X 2 381000 Appraisal X Piano 1 6500 Fair market value X Scientific Equipment 1 995 Fair market value X Telecom Equipment 2 58582 Fair market value X Office Furniture 1 516 fair market value 0 1 0 Method for Determining Number of Contributors: Part I, Column (b): The number of contributors listed represents the number of contributions received. 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 5: Donated services and use of facilities: -845,116. Change in Value of Split Interest Agreements 92,382. Unrealized Loss on Interest Rate Swap -11,391,037. Accretion for Asset Retirement Obligation -36,503. Total to Form 990, Part XI, Line 5: -12,180,274. 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 1064000 N/A Engstrom Institute 635 Camino de los Mares Ste 216 San Clemente CA 92673 CA Azusa Pacific Online 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 Mexico c/o Rodolfo O Hernandez Paseo del Zona del Rio Tijuana MX 22320 Contracting and operations MX Azusa Pacific International AC c/o Rodolfo O Hernandez Paseo del Zona del Rio Tijuana MX 22320 Real estate MX Amigos de Ejido AC c/o Rodolfo O Hernandez Paseo del zona del Rio Tijuana MX 22320 Real estate MX 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 Azusa Pacific Online University B 2280186 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.