PACIFIC OAKS EDUCATION CORPORATION: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- PACIFIC OAKS EDUCATION CORPORATION (EIN 95-1716809)
- Tax period
- 2011-06-01 to 2012-05-31
- Filed
- 2013-01-08
- IRS object ID
- 201330089349300103
- Schema version
- 2011v1.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-01-08T08:33:34-06:00 | Timestamp |
| Tax Period End Date | 2012-05-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 175 W JACKSON BLVD STE 2000 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60604 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-06-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 951716809 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Pacific Oaks Education Corporation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % YUG FON CHIQUITO | InCareOfName |
| Name Control | PACI | NameControl |
| Phone | 6265298246 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 Eureka Street | AddressLine1 |
| City | Pasadena | City |
| State | CA | State |
| ZIP Code | 91103 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | GLENN RENZULLI | Name |
| Title | Corporate Treasurer | Title |
| Date Signed | 2013-01-08 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JULIE A DEE | Name |
| Phone | 3128560200 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Dr Ezat Parnia | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 Eureka Street | AddressLine1 |
| City | Pasadena | City |
| State | CA | State |
| ZIP Code | 91103 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 12769022 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.pacificoaks.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1945 | YearFormation |
| State Legal Domicile | CA | StateLegalDomicile |
| Activity Or Mission Description | Pacific Oaks College prepares students to be culturally intelligent agents of change serving diverse communities in fields of human development, education, and family studies. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 12 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 11 | NbrIndependentVotingMembers |
| Total Nbr Employees | 220 | TotalNbrEmployees |
| Total Nbr Volunteers | 176 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 248947 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 577435 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 7896813 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 11642620 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 871246 | InvestmentIncomePriorYear |
| Investment Income Current Year | 113832 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 26782 | OtherRevenuePriorYear |
| Other Revenue Current Year | 116290 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 9043788 | TotalRevenuePriorYear |
| Total Revenue Current Year | 12450177 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 156471 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 681604 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 6603102 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 7332970 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 832845 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 6646592 | OtherExpensePriorYear |
| Other Expenses Current Year | 7169670 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 13406165 | TotalExpensesPriorYear |
| Total Expenses Current Year | 15184244 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -4362377 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -2734067 | RevenuesLessExpensesCY |
| Total Assets BOY | 18404971 | TotalAssetsBOY |
| Total Assets EOY | 18229352 | TotalAssetsEOY |
| Total Liabilities BOY | 4251616 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 7090911 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 14153355 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 11138441 | NetAssetsOrFundBalancesEOY |
| Mission Description | PACIFIC OAKS EDUCATION CORPORATION IS AN AFFILIATE OF TCS EDUCATION SYSTEM ("TCS ES"), WHICH IS DEDICATED TO PREPARING INNOVATIVE, ENGAGED, PURPOSEFUL AGENTS OF CHANGE WHO SERVE THE GLOBAL COMMUNITY. THE MISSION OF THE COLLEGE STATES "GROUNDED IN ITS SOCIAL JUSTICE HERITAGE, PACIFIC OAKS COLLEGE PREPARES STUDENTS TO BE CULTURALLY INTELLIGENT AGENTS OF CHANGE SERVING DIVERSE COMMUNITIES IN THE FIELDS OF HUMAN DEVELOPMENT, EDUCATION, AND RELATED FAMILY STUDIES." THE PRIMARY FOCUS OF THE CHILDREN'S SCHOOL IS PLACED UPON ALL NEEDS OF YOUNG CHILDREN AND THEIR FAMILIES, AND ALL THOSE WHO, IN A DIRECT OR INDIRECT MANNER, TOUCH THEIR LIVES EACH DAY. THE MISSION OF THE CORPORATION IS INCLUSIVE OF THE MISSION OF THE COLLEGE AND PRIMARY FOCUS OF THE CHILDREN'S SCHOOL. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 10047834 | Expense |
| Grants | 681604 | Grants |
| Revenue | 11642620 | Revenue |
| Description | Pacific Oaks College is an accredited college by the Western Association of Schools and Colleges (WASC). Pacific Oaks College offers a range of bachelor's, master's and certificate programs in both flexible online and on-ground in-classroom formats to meet the needs of non-traditional and adult students. Pacific Oaks College serves more than 1,000 students. The Children's School offers both part-time and full-time early childhood education programs for infants, toddlers, and young children through age six. The Children's School enrollment is over 200 children. | Description |
| Total Program Service Expense | 10047834 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | true | ReportOtherAssets |
| Report Other Liabilities | false | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | true | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 28 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 220 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 12 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 11 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | true | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | false | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | YUG FON CHIQUITO | NamePerson |
| Telephone Number | 6265298248 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 EUREKA | AddressLine1 |
| City | Pasadena | City |
| State | CA | State |
| ZIP Code | 91103 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (22 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| Dorothy Farris | ||||||||
| Board Chair | 2.0 | X | 0 | 0 | 0 | |||
| Jerry Mandel | ||||||||
| Vice Chair | 2.0 | X | 0 | 0 | 0 | |||
| Olin Barrett | ||||||||
| Trustee | 2.0 | X | 0 | 0 | 0 | |||
| Tenny Mickey | ||||||||
| Trustee | 2.0 | X | 0 | 0 | 0 | |||
| Dean Chung | ||||||||
| Trustee | 2.0 | X | 0 | 0 | 0 | |||
| Michael Horowitz | ||||||||
| Trustee/Corporate President | 2.0 | X | 0 | 576917 | 112724 | X | ||
| Terrence Layng | ||||||||
| Trustee | 2.0 | X | 0 | 0 | 0 | |||
| Mary Pattiz | ||||||||
| Trustee | 2.0 | X | 0 | 0 | 0 | |||
| Allison Shearmur | ||||||||
| Trustee | 2.0 | X | 0 | 0 | 0 | |||
| Devy Schonfeld | ||||||||
| Trustee | 2.0 | X | 0 | 0 | 0 | |||
| Beverly Thelander | ||||||||
| Trustee | 2.0 | X | 0 | 0 | 0 | |||
| Mary Tudela | ||||||||
| Trustee | 2.0 | X | 0 | 0 | 0 | |||
| Norris Bernstein | ||||||||
| Trustee | 2.0 | X | 0 | 0 | 0 | |||
| Jennifer DeMay | ||||||||
| Corporate Secretary | 2.0 | 0 | 172678 | 9259 | X | |||
| LaKeisha Marsh | ||||||||
| Asst. Corporate Secretary | 2.0 | 0 | 99413 | 9111 | X | |||
| Shari Mikos | ||||||||
| Asst. Corporate Secretary | 2.0 | 0 | 85379 | 10920 | X | |||
| Glenn Renzulli | ||||||||
| Corporate Treasurer | 2.0 | 0 | 149038 | 0 | X | |||
| Tamara Rozhon-060111-83111 | ||||||||
| Former College Pres/Corp. Secr | 2.0 | 192928 | 71003 | 20327 | X | |||
| Ezat Parnia - 1172012-Current | ||||||||
| College President | 40.0 | 0 | 0 | 0 | X | |||
| Kerry Neal | ||||||||
| Regional Vice President | 40.0 | 110041 | 0 | 7812 | X | |||
| Linda Clowers | ||||||||
| VP Academic Affairs | 40.0 | 111199 | 0 | 9474 | X | |||
| Carl Kalani Beyer | ||||||||
| Dean of Academic Affairs | 40.0 | 101656 | 0 | 2228 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 515824 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 1154428 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 181855 | TotalOtherCompensation |
| Number Individuals GT100 K | 4 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Diamond Contract Services | NamePerson |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | File 748041 | AddressLine1 |
| City | LOS ANGELES | City |
| State | CA | State |
| ZIP Code | 900748041 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | Maintenance | DescriptionOfServices |
| Compensation | 103696 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| Fundraising Events | 3500 | FundraisingEvents |
| All Other Contributions | 573935 | AllOtherContributions |
| Noncash Contributions | 18763 | NoncashContributions |
| Total Contributions | 577435 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | TUITION AND FEE REVENUE | Description |
| Business Code | 611310 | BusinessCode |
| Total Revenue Column | 11642620 | TotalRevenueColumn |
| Related Or Exempt Function Income | 11642620 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 11642620 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 107410 | TotalRevenueColumn |
| Exclusion | $107,410 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 20504 | TotalRevenueColumn |
| Exclusion | $20,504 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 35759 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 35759 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 35759 | TotalRevenueColumn |
| Exclusion | $35,759 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 304800 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 298378 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 6422 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6422 | TotalRevenueColumn |
| Exclusion | $6,422 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 80494 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 3500 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 20467 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 60027 | TotalRevenueColumn |
| Exclusion | $56,967 | ExclusionAmount |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 0 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 12450177 | TotalRevenueColumn |
| Related Or Exempt Function Income | 11642620 | RelatedOrExemptFunctionIncome |
| Exclusion | $227,062 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 681604 | Total |
| Program Services | 681604 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1753220 | Total |
| Program Services | 1503151 | ProgramServices |
| Management And General | 176452 | ManagementAndGeneral |
| Fundraising | 73617 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4184228 | Total |
| Program Services | 3587414 | ProgramServices |
| Management And General | 421120 | ManagementAndGeneral |
| Fundraising | 175694 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 261403 | Total |
| Program Services | 214426 | ProgramServices |
| Management And General | 27477 | ManagementAndGeneral |
| Fundraising | 19500 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 698387 | Total |
| Program Services | 585390 | ProgramServices |
| Management And General | 69348 | ManagementAndGeneral |
| Fundraising | 43649 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 435732 | Total |
| Program Services | 357422 | ProgramServices |
| Management And General | 45806 | ManagementAndGeneral |
| Fundraising | 32504 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 81788 | Total |
| Management And General | 81788 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7895 | Total |
| Management And General | 7895 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 32500 | Total |
| Management And General | 32500 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17082 | Total |
| Management And General | 17082 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 227885 | Total |
| Management And General | 227885 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1164566 | Total |
| Program Services | 1076220 | ProgramServices |
| Fundraising | 88346 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 321817 | Total |
| Program Services | 195615 | ProgramServices |
| Management And General | 103374 | ManagementAndGeneral |
| Fundraising | 22828 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 48458 | Total |
| Program Services | 38766 | ProgramServices |
| Management And General | 4846 | ManagementAndGeneral |
| Fundraising | 4846 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1511708 | Total |
| Program Services | 1145794 | ProgramServices |
| Management And General | 362780 | ManagementAndGeneral |
| Fundraising | 3134 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 123364 | Total |
| Program Services | 109487 | ProgramServices |
| Management And General | 872 | ManagementAndGeneral |
| Fundraising | 13005 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 107061 | Total |
| Program Services | 85650 | ProgramServices |
| Management And General | 10706 | ManagementAndGeneral |
| Fundraising | 10705 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 243802 | Total |
| Program Services | 155246 | ProgramServices |
| Management And General | 88556 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 177605 | Total |
| Management And General | 177605 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| DUES AND MEMBERSHIPS | 71409 | 35498 | 14294 | 21617 |
| STUDENT SERVICES | 58225 | 58225 | ||
| BAD DEBT EXPENSE | 109901 | 109901 | ||
| IMPAIRMENT LOSS | 1090653 | 1090653 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1773951 | Total |
| Program Services | 108025 | ProgramServices |
| Management And General | 1342526 | ManagementAndGeneral |
| Fundraising | 323400 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15184244 | Total |
| Program Services | 10047834 | ProgramServices |
| Management And General | 4303565 | ManagementAndGeneral |
| Fundraising | 832845 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1929255 | BOY |
| EOY | 2921129 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1722905 | BOY |
| EOY | 1884747 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 132028 | BOY |
| EOY | 83253 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 225671 | BOY |
| EOY | 522734 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 75000 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 151090 | BOY |
| EOY | 149692 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 2585460 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 248425 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9040830 | BOY |
| EOY | 2337035 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5126562 | BOY |
| EOY | 4645992 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 76630 | BOY |
| EOY | 5609770 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18404971 | BOY |
| EOY | 18229352 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1162966 | BOY |
| EOY | 1321198 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 302586 | BOY |
| EOY | 1713669 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 4056044 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2786064 | BOY |
| EOY | 0 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4251616 | BOY |
| EOY | 7090911 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7223775 | BOY |
| EOY | 4397767 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2838152 | BOY |
| EOY | 2741736 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4091428 | BOY |
| EOY | 3998938 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14153355 | BOY |
| EOY | 11138441 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18404971 | BOY |
| EOY | 18229352 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -2734067 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -280847 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Both | X | FinancialStatementBoth |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 5126562 | BeginningOfYearBalance |
| Contributions | 75000 | Contributions |
| Investment Earnings Or Losses | -167394 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 134548 | GrantsOrScholarships |
| Other Expenditures | 396333 | OtherExpenditures |
| Administrative Expenses | 8639 | AdministrativeExpenses |
| End Of Year Balance | 4494648 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 7503080 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 779596 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 3156114 | GrantsOrScholarships |
| End Of Year Balance | 5126562 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 6872628 | BeginningOfYearBalance |
| Contributions | 3500 | Contributions |
| Investment Earnings Or Losses | 937129 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 310177 | GrantsOrScholarships |
| End Of Year Balance | 7503080 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 8443144 | BeginningOfYearBalance |
| Contributions | 1000 | Contributions |
| Investment Earnings Or Losses | -1211810 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 359706 | GrantsOrScholarships |
| End Of Year Balance | 6872628 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.03650 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.88970 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.14680 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 33465 | OtherCostOrOtherBasis |
| Book Value | 33465 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1364875 | OtherCostOrOtherBasis |
| Depreciation | 69994 | Depreciation |
| Book Value | 1294881 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 953669 | OtherCostOrOtherBasis |
| Depreciation | 50621 | Depreciation |
| Book Value | 903048 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 226072 | OtherCostOrOtherBasis |
| Depreciation | 124437 | Depreciation |
| Book Value | 101635 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 7379 | OtherCostOrOtherBasis |
| Depreciation | 3373 | Depreciation |
| Book Value | 4006 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 2337035 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (2 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| ASSETS HELD FOR SALE: BUILDING | 5547267 |
| OTHER | 62503 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 5609770 | TotalBookValueOtherAssets |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
| Total Of Amounts | 0 | TotalOfAmounts |
| Total Revenue | 12450177 | TotalRevenue |
| Total Expenses | 15184244 | TotalExpenses |
| Excess Or Deficit For Year | -2734067 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -280847 | NetUnrealizedGLOnInvestments |
| Total Adjustments | -280847 | TotalAdjustments |
| Excess Or Deficit Per FS | -3014914 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 11508193 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -280847 | NetUnrealizedGainsInvestments |
| Other Revenues | -681604 | OtherRevenues |
| Revenue Not Rptd F990 | -962451 | RevenueNotRptdF990 |
| Revenue Subtotal | 12470644 | RevenueSubtotal |
| Other Revenues Not Included | -20467 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -20467 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 12450177 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 14506025 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 20467 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 20467 | ExpensesNotRptdF990 |
| Expenses Subtotal | 14485558 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 17082 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 681604 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 698686 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 15184244 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Schedule D, Part V, Line 4. | Intended Uses of Endowment Funds | THE PACIFIC OAKS ENDOWMENT REPRESENTS a SIGNIFICANT CAPITAL ASSET OF THE INSTITUTION. THE PURPOSE OF THE ENDOWMENT IS TO INCREASE NET ASSETS AND TO SUPPORT THE MISSION OF PACIFIC OAKS. |
| Schedule D, Part X, Line 2 | FIN 48 | The Institution is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. It is also exempt from California income taxes. Accordingly, no provision for federal or California income taxes is included in the accompanying financial statements. The institution evaluates its uncertain tax positions using the provisions of FASB ASC 740, "Income Taxes." The institution follows the criterion that an individual tax position has to meet for some or all of the benefits of that position to be recognized in the Institution's financial statements. The Institution determined that the relevant tax authority would more likely than not sustain the tax position following an audit. The Institution has applied this criterion to all tax positions for which the statute of limitations remains open. Tax years open to examination by tax authorities under the statute of limitations include fiscal 2008 through 2011. The Institution has a policy to record interest and penalties (if any) related to income tax matters in income tax expense. The Institution has determined that its tax positions satisfy the more likely than not criterion and that no provision for income taxes is required at May 31, 2012. For the year ended May 31, 2012, no interest and penalties were recorded. |
| Schedule D, Part XII, Line 2d | Supplemental Description - Other | Tuition Discounts and Scholarships reported as a contra revenue account: $(681,604) |
| Schedule D, Part XII, Line 4b | Supplemental Description - Other | Fundraising Expenses: $(20,467) |
| Schedule D, Part XIII, Line 2d | Supplemental Description - Other | Fundraising Expenses: $20,467 |
| Schedule D, Part XIII, Line 4b | Supplemental Description - Other | Tuition Discounts and Scholarships reported as a contra revenue account: $681,604 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Schedule E, Part I, Line 3 | Publication of Racially Nondiscriminatory Policy | Pacific Oaks College and Children's School nondiscrimination policies are published in the academic catalog, student handbook, and admissions policies, which are available to the public via the Institution's website. |
| Schedule E, Part I, Line 6a | Government Assistance | Pacific Oaks College receives funds from the U.S. Department of Education for several student financial assistance programs, including the Federal Direct Stafford Loan Grant Program, Federal Direct Grad Plus Loan Grant Program, Federal Direct Plus Loan Program, Federal Pell Grant Program, Federal Supplemental Education Opportunity Grant Program, and Federal Perkins Loan. Pacific Oaks College also receives state funding from the California monetary assistance programs including: California Grant A, California Grant B, California Grant T, and California Grant Subsistence. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Spring Event | NameOfEvent1 |
| Gross Receipts Event1 | 83994 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 3500 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 80494 | GrossRevenueEvent1 |
| Non Cash Prizes Event1 | 3500 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 5101 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 8624 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 3242 | OtherDirectExpensesEvent1 |
| Total Number Of Other Events | 0 | TotalNumberOfOtherEvents |
| Gross Receipts Total | 83994 | GrossReceiptsTotal |
| Charitable Contributions Total | 3500 | CharitableContributionsTotal |
| Gross Revenue Total Events | 80494 | GrossRevenueTotalEvents |
| Non Cash Prizes Total Events | 3500 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 5101 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 8624 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 3242 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 20467 | DirectExpenseSummaryEvents |
| Net Income Summary | 60027 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Scholarships-tuition reduction | TypeOfGrant |
| Number Of Recipients | 473 | NumberOfRecipients |
| Amount Of Cash Grant | 681604 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Schedule I, Part I, Line 2 | Identifier |
| Return Reference | Procedure for Monitoring Use of Grant Funds Inside U.S. | ReturnReference |
| Explanation | Pacific Oaks gives need-based and merit-based scholarships. Need-based scholarships are monitored through the Department of Education FAFSA form. Students with $0 estimated family contribution (EFC), based on the Department of Education guidelines, will be automatically awarded a scholarship. Merit-based scholarships are granted to students who submit all required admissions documentation by certain deadlines and apply with a 4.0 undergraduate GPA or GRE of 1300. Pacific Oaks and its partners award fellowships to students who contribute to the academic community in and outside the classroom. Fellowship recipients dedicate 10 to 15 hours a week of work to the specific department through which the fellowship is offered. Applicants are judged on their ability to demonstrate a commitment to learning, developing, and participating in the program, academic research, and administrative activities within the department office. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Independent Consultant | X | IndependentConsultant |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | true | SeverancePayment |
| Supplemental Nonqual Retire Plan | true | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (3 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Michael Horowitz | |||||||||||||
| 0 | 470250 | 0 | 70667 | 0 | 36000 | 0 | 110224 | 0 | 2500 | 0 | 689641 | 0 | 0 |
| Jennifer DeMay | |||||||||||||
| 0 | 172678 | 0 | 0 | 0 | 0 | 0 | 1938 | 0 | 7321 | 0 | 181937 | 0 | 0 |
| Tamara Rozhon-060111-83111 | |||||||||||||
| 192928 | 60003 | 0 | 0 | 0 | 11000 | 14096 | 4500 | 1058 | 673 | 208082 | 76176 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Schedule J, Part I, Line 1a | Housing allowance or residence for personal use | A housing allowance was given to the interim President of Pacific Oaks College & Children's School in the amount of $36,000. This arrangement is part of the president's employment contract and the payment was included in his reportable compensation. |
| Schedule J, Part I, Line 4a | Severance or change of control | Rose Anne Nespica received $65,998 in bi-weekly severance payments during the fiscal year |
| Schedule J, Part I, Line 4b | Supplemental nonqualified retirement plan | PACIFIC OAKS EDUCATION CORPORATION EMPLOYEES PARTICIPATE IN SUPPLEMENTAL RETIREMENT PLANS THROUGH THE RELATED ORGANIZATION, TCS EDUCATION SYSTEM. DR. MICHAEL HOROWITZ RECEIVED EMPLOYER CONTRIBUTIONS TO A 403(B) PLAN IN THE AMOUNT OF $40,045 FROM THE RELATED ORGANIZATION. HE ALSO PARTICIPATED IN A 457(B) PLAN, DEFERRING $16,500 TO FUTURE YEARS AND A 457(F) PLAN, DEFERRING $69,783 TO FUTURE YEARS. |
Schedule L IRS990ScheduleL
Loan Table LoanTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Ezat Parnia | NamePerson |
| Purpose Of Loan | Relocation incentive | PurposeOfLoan |
| Loan From Organization | X | LoanFromOrganization |
| Original Principal | $75,000 | OriginalPrincipalAmount |
| Balance Due | 75000 | BalanceDue |
| Default | false | Default |
| Approved By Board | true | ApprovedByBoard |
| Written Agreement | true | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 75000 | TotalBalanceDue |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (19 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Form 990, Part VI, Line 6 | Members or Stockholders | TCS Education System ("TCS ES") is the sole corporate member of Pacific Oaks Education Corporation ("POEC"). |
| Form 990, Part VI, Line 7a and 7b | Members or Stockholders Who May Elect | THE POWERS AND AUTHORITY OF THE MEMBER SHALL BE LIMITED TO THE FOLLOWING: - THE AUTHORITY OF THE MEMBER TO CONSENT TO THE ELECTION OF PERSONS TO MEMBERSHIP ON THE BOARD OF TRUSTEES, THIS SHALL INCLUDE ANY ELECTIONS OF PERSONS TO TRUSTEES EMERITI STATUS AND SHALL APPLY TO ANY REMOVAL OF A MEMBER OF THE BOARD. - THE AUTHORITY OF THE MEMBER TO CONSENT TO A CHANGE IN THE MISSION OR PURPOSE OF THE CORPORATION. - THE AUTHORITY OF THE MEMBER TO CONSENT TO A CHANGE IN THE LEGAL ENTITY OR TAX STRUCTURE OF THE CORPORATION. - THE AUTHORITY OF THE MEMBER TO CONSENT TO AMENDMENTS TO THE articles of incorporation or bylaws. |
| Form 990, Part VI, Line 11b | Form 990 Review Process | The form 990 is prepared by an independent accounting firm, based upon information provided by management and attorneys of the organization. The Form 990 is posted to a secure web portal, allowing members to review and offer commentary prior to the filing of the Form 990. |
| Form 990, Part VI, Line 12c | Conflict of Interest Policy Monitoring & Enforcement | An interested person must disclose the existence of the facts and circumstances of any conflict of interest to the board members and members of board committees with respect to any action or proposed action that gives rise to the conflict of interest. Pending review and resolution by the board of the governance committee, the interested person excluded from any deliberations or action concerning the matter that gives rise to the conflict of interest. Each Board member, corporate officer, and board committee members annually signs a statement that affirms that such person a) has received a copy of the conflict-of-interest policy, B) has read and understands the policy, C) has agreed to comply with the policy. |
| Form 990, Part VI, Line 14 | Document retention and destruction policy | The organization currently has no formal document retention and destruction policy. The organization does, however, follow document retention and destruction policies relating to student documents. The organization does also follow all IRS policies relating to the document retention and destruction policies for IRS forms and supporting documentation. The organization will be looking into adopting a formal policy within the next fiscal year. |
| Form 990, Part VI, Line 15a and 15b | Process for Determining Compensation | COMPENSATION FOR ALL MEMBERS OF PACIFIC OAKS COLLEGE AND PACIFIC OAKS CHILDREN'S SCHOOL ARE DETERMINED BASED UPON MARKET STUDIES, POSITION DESCRIPTION, BACKGROUND OF CANDIDATES AND INCUMBENTS AND THE OVERALL COMPENSATION PLANS. EACH CABINET MEMBER'S COMPENSATION IS DECIDED UPON BY THE PRESIDENT, THE DIRECTOR OF FINANCE, AND THE MANAGER OF HUMAN RESOURCES. THE COLLEGE PRESIDENT'S COMPENSATION IS DECIDED UPON BY THE BOARD OF TRUSTEES. THE COMPENSATION COMMITTEE OF THE BOARD OF TCS ES IS RESPONSIBLE FOR REVIEW AND APPROVAL OF COMPENSATION OF TCS ES CORPORATE OFFICERS including top management officials. The review process of the TCS ES president and corporate officers is documented contemporaneously in the organization's compensation committee. |
| Form 990, Part VI, Line 19 | How Documents are Made Available to the Public | The organization's by-laws, Articles of Incorporation, Conflict of Interest Policy, and audited financial statements are available upon request. |
| Form 990, Part XI, Line 5 | Other Changes in Net Assets | Unrealized Losses: $(280,847) Other Changes in Net Assets: $(280,847) |
| HOURS DEVOTED FOR RELATED ORGANIZATION | FORM 990 PART VII | NAME:Dorothy Farris TITLE:Board Chair HOURS:4 |
| HOURS DEVOTED FOR RELATED ORGANIZATION | FORM 990 PART VII | NAME:Dean Chung TITLE:Trustee HOURS:4 |
| HOURS DEVOTED FOR RELATED ORGANIZATION | FORM 990 PART VII | NAME:Michael Horowitz TITLE:Trustee/Corporate President HOURS:38 |
| HOURS DEVOTED FOR RELATED ORGANIZATION | FORM 990 PART VII | NAME:Terrence Layng TITLE:Trustee HOURS:4 |
| HOURS DEVOTED FOR RELATED ORGANIZATION | FORM 990 PART VII | NAME:Mary Pattiz TITLE:Trustee HOURS:6 |
| HOURS DEVOTED FOR RELATED ORGANIZATION | FORM 990 PART VII | NAME:Mary Tudela TITLE:Trustee HOURS:4 |
| HOURS DEVOTED FOR RELATED ORGANIZATION | FORM 990 PART VII | NAME:Jennifer DeMay TITLE:Corporate Secretary HOURS:38 |
| HOURS DEVOTED FOR RELATED ORGANIZATION | FORM 990 PART VII | NAME:LaKeisha Marsh TITLE:Asst. Corporate Secretary HOURS:38 |
| HOURS DEVOTED FOR RELATED ORGANIZATION | FORM 990 PART VII | NAME:Shari Mikos TITLE:Asst. Corporate Secretary HOURS:38 |
| HOURS DEVOTED FOR RELATED ORGANIZATION | FORM 990 PART VII | NAME:Glenn Renzulli TITLE:Corporate Treasurer HOURS:38 |
| OTHER EXPENSES | FORM 990 PART IX | DESCRIPTION:OTHER TOTAL EXPENSES:1773951 PROGRAM SERVICES:108025 MANAGEMENT AND GENERAL:1342526 FUNDRAISING:323400 |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (8 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|
| SANTA BARBARA & VENTURA COLLEGES OF LAW | ||||||||||
| 4475 MARKET STREET | VENTURA | CA | 93003 | 952592468 | EDUCATION | CA | 501(c)3 | 02 | TCS ES | false |
| TCS California | ||||||||||
| 617 WEST 7TH STREET | LOS ANGELES | CA | 90017 | 900394713 | EDUCATION | CA | 501(c)3 | 02 | TCSPP | false |
| THE CHICAGO SCHOOL OF PROF PSYCHOLOGY | ||||||||||
| 325 NORTH WELLS | CHICAGO | IL | 60654 | 363005527 | EDUCATION | IL | 501(c)3 | 03 | TCS ES | false |
| TCS FOUNDATION | ||||||||||
| 350 NORTH ORLEANS | CHICAGO | IL | 60654 | 270973121 | SUPT ORG | IL | 501(c)3 | 07 | TCS ES | false |
| TCS EDUCATION SYSTEM | ||||||||||
| 350 NORTH ORLEANS | CHICAGO | IL | 60654 | 270717860 | SUPT ORG | IL | 501(c)3 | 11-II | NA | false |
| TCS COMMUNITY EDUCATION | ||||||||||
| 325 NORTH WELLS | CHICAGO | IL | 60601 | 300517884 | CHARTER SCH. | IL | 501(c)3 | 02 | TCS ES | false |
| THE CHICAGO SCHOOL - WASHINGTON DC | ||||||||||
| 901 15TH STREET NW | WASHINGTON | DC | 20005 | 800477644 | EDUCATION | DC | 501(c)3 | 02 | TCSPP | false |
| California Graduate Institute | ||||||||||
| 1145 GAYLEY AVENUE | LOS ANGELES | CA | 90024 | 952556403 | EDUCATION | CA | 501(c)3 | 02 | TCSPP | false |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | true | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | true | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
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