2012-08-14T08:03:52-05:00 2011-12-31 132669370 HOBERMAN GOLDSTEIN & LESSER 226 WEST 26TH STREET NEW YORK NY 100016785 990 2011-01-01 264078735 UNIVERSITY OF THE PEOPLE UNIV 6267370393 225 S LAKE AVENUE SUITE 300 PASADENA CA 91101 SHAI RESHEF 6267370393 2012-08-13 1 LARRY GOLDSTEIN P00005683 2124630900 2011 2016-02-24 21:20:13Z SHAI RESHEF 7 MANDELSHTAM TEL AVIV IS 62598 282449 0 X HTTP://WWW.UOPEOPLE.ORG X 2009 CA UNIVERSITY OF THE PEOPLE PROVIDES EDUCATION AROUND THE GLOBE. 0 0 0 0 0 0 26970 282449 0 0 0 0 0 0 26970 282449 0 0 0 0 0 188966 0 0 0 1034295 1106260 1034295 1295226 -1007325 -1012777 69067 80397 929782 2074389 -860715 -1993992 X IT IS ORGANIZATIONS GOAL TO PROVIDE WEB BASED LOW COST QUALITY EDUCATION WORLDWIDE.UNIVERSITY OF PEOPLE MAY ALSO UTILIZE FOR-PROFIT AND NON PROFIT SUBSIDIARIES TO CARRY OUT CERTAIN OF ITS FUNCTIONS IN ORDER TO OPERATE IN FOREIGN JURISDICTIONS AND TO RECOGNIZE COST SAVINGS. TO DATE, IT HAS CREATED A WHOLLY-OWNED, FOR SUBSIDIARY IN ISRAEL, U.O.P. EDUCATION LTD. ("UOPE"), WHICH WILL ASSIST IN PROVIDING ADMINISTRATIVE SERVICES RELATING TO PROCESSING STUDENT APPLICATIONS. 0 0 1073535 282449 EDUCATION SERVICES: AS STATED IN ITS MISSION, THIS ORGANIZATION SEEKS TO PROVIDE QUALITY WEB-BASED EDUCATIONAL PROGRAMS, LEADING TO A DEGREE FOR THE SUCCESSFUL PARTICIPANT. IN 2011, THE EXPENSES INCLUDED INSTRUCTIONAL EXPENSES, ACCREDITATION EXPENSES AND SUPPORT. 1073535 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 IS 0 0 0 0 0 0 X 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 CA X HOBERMAN GOLDSTEIN & LESSER 2124630900 226 WEST 26TH STREET NEW YORK NY 10001 X SHAI RESHEF 10.00 X X 0 0 0 ASHOK CHANDRASHEKAR 1.00 X 0 0 0 DANIEL GREENWOOD 1.00 X 0 0 0 DAVID GELBER 1.00 X 0 0 0 YOAV VENTURA 10.00 X 0 0 0 BEV MYERS 10.00 X 0 0 0 DAVID HARRIS COHEN 1.00 X 0 0 0 ARIELLA ZELLER 1.00 X 0 0 0 PAUL AFFUSSO 1.00 X 0 0 0 0 0 0 0 0 0 0 0 282449 282449 282449 0 0 0 174430 167630 6800 14536 14016 520 1850 1850 7500 7500 55257 55257 16240 16240 7108 7108 2939 2939 4164 4164 EDUCATIONAL SERVICES TO 863464 863464 OUTSIDE CONTRACT SERVIC 41800 41800 COURSE DEVELOPMENT 40699 40699 COMPUTER EXPENSES 28425 28425 36814 36814 1295226 1073535 221691 0 52499 80394 16568 3 69067 80397 2371 22310 927411 2052079 929782 2074389 X -860715 -1993992 0 0 0 0 -860715 -1993992 69067 80397 X -1012777 -120500 X 0 1 1 X 0 X X 1 0 0 UNIVERSITY OF THE PEOPLE EDUCATION LTD 514228139 9 0 0 0 863464 1 863464 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 ACCRUED EXPENSES 30644 DUE TO DIRECTOR 3426 DUE TO CREDIT CARD COMPANY 2758 LOAN PAYABLE 1800000 DEFERRED REVENUE 112500 INTERCOMPANY 102751 2052079 282449 1295226 -1012777 -120500 -120500 -1133277 PART XI, LINE 8 - OTHER ADJUSTMENTS: ENTERTAINMENT & MEALS 50% NON DEDUCTIBLE -8,000. DEFERRED REVENUE RECOGNIZED IN TAX NOT BOOKS -112,500. TOTAL TO SCHEDULE D, PART XI, LINE 8: -120,500. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF DIRECTORS OF THE ORGANIZATION REVIEW FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: ENTERTAINMENT & MEALS 50% NON DEDUCTIBLE -8,000. DEFERRED REVENUE RECOGNIZED IN TAX NOT BOOKS -112,500. TOTAL TO FORM 990, PART XI, LINE 5: -120,500. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 UOP EDUCATION LTD O 863464