2012-05-14T19:43:20-05:00 2011-07-31 HOOD & STRONG LLP CPAS 100 FIRST STREET 14TH FLOOR SAN FRANCISCO CA 94105 990 2010-08-01 942340692 PALO ALTO UNIVERSITY INC (FKA PACIFIC GRADUATE SCHOOL OF PSYCHOLOGY) PALO 8008186136 1791 ARASTRADERO ROAD PALO ALTO CA 94304 JUNE KLEIN 8008186136 2012-05-14 1 ROBERT A DOCILI 4157810793 2010 2016-02-24 21:20:13Z ALLEN CALVIN 1791 ARASTRADERO ROAD PALO ALTO CA 94304 20475721 0 X WWW.PALOALTOU.EDU X 1975 CA TO PROVIDE UNDERGRADUATE AND GRADUATE LEVEL EDUCATION IN THE FIELD OF PSYCHOLOGY. 34 33 294 0 0 0 1225429 856160 16026886 19332355 10817 -5275 -1301 0 17261831 20183240 757978 821315 0 0 7716180 8746219 0 0 530137 5757631 7945603 14231789 17513137 3030042 2670103 16467313 17152670 8367849 6378519 8099464 10774151 X PALO ALTO UNIVERISTY("PAU") IS A DIVERSE LEARNING COMMUNITY DEDICATED TO THE SEARCH FOR KNOWLEDGE AND ITS DISSEMINATION. PAU BRINGS TOGETHER A COMMUNITY OF HIGHLY TALENTED FACULTY AND GRADUATE STUDENTS WORKING SIDE BY SIDE TO BRING SCIENTIFIC RIGOR AND THEORETICAL KNOWLEDGE TO THE ANALYSIS AND PRACTICE OF CLINICAL PSYCHOLOGY. 0 0 3144687 299621 11658432 PHD PROGRAM 3428645 242821 4994068 PSYD PROGRAM 597764 52458 976410 DE ANZA P3 PROGRAM 6622837 226415 18250672 6622837 226415 18250672 13793933 1 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 51 0 1 294 1 0 0 0 0 0 1 1 0 0 0 1 1 0 X 34 33 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X PALO ALTO UNIVERSITY 8008186136 1791 ARASTRADERO ROAD PALO ALTO CA 94304 CAROLYN J CLINE MD PHD 3.00 X 0 0 0 NICHOLAS C COCHRAN 3.00 X 0 0 0 MARTIN H DODD 3.00 X 0 0 0 DERRICK FELTON 3.00 X 0 0 0 RITA DESALES FRENCH PHD 3.00 X 0 0 0 BERTON KEITH 3.00 X 0 0 0 MICHAEL J KERNER PHD 3.00 X 0 0 0 LESLIE R KOONCE 3.00 X 0 0 0 DANIEL KOSTENBAUDER 3.00 X 0 0 0 JOHN KRUMBOLTZ PHD 3.00 X 0 0 0 JOSE R LLANES PHD 3.00 X 0 0 0 RICHARD LONERGAN 3.00 X 0 0 0 RUTH B LOVE PHD 3.00 X 0 0 0 THOMAS A MACCALLA EDD 3.00 X 0 0 0 NAZ MOTAYAR PHD 3.00 X 0 0 0 RAQUEL H NEWMAN EDD 3.00 X 0 0 0 ISRAEL NIV PHD 3.00 X 0 0 0 JENNIFER OTHWEIN PHD JD 3.00 X 0 0 0 JAMES R OTIENO 3.00 X 0 0 0 RABBI STEPHEN S PEARCE PHD 3.00 X 0 0 0 KATHRYN PRYOR PHD 3.00 X 0 0 0 GORDON RAUSSER PHD 3.00 X 0 0 0 LAURA W ROBERTS MA 3.00 X 0 0 0 ALAN F SCHATZBERG MD 3.00 X 0 0 0 FRED R SEDDIQUI 3.00 X 0 0 0 GARY J SHAPIRO JD 3.00 X 0 0 0 ELLEN L SHUCK 3.00 X 0 0 0 PAMELA J SWALER PHD 3.00 X 0 0 0 RT REV WILLIAM E SWING 3.00 X 0 0 0 KATHERINE G TAORMINO 3.00 X 0 0 0 JOSEPH P TYRRELL 3.00 X 0 0 0 ALLEN S WEINER JD 3.00 X 0 0 0 TOM YEH 3.00 X 0 0 0 ALLEN CALVIN 40.00 X X 375640 0 19220 BILL FROMING 40.00 X 251956 0 21216 ROBERT RUSSELL 40.00 X 215736 0 19731 JAMES BRECKENRIDGE 40.00 X 169560 0 12382 LEONARD BECKUM 40.00 X 165771 0 17425 1178663 0 89974 5 0 1 0 STANFORD 401 QUARRY ROAD RM 3213 STANFORD CA 94305 CONSORTIUM 2303534 CORNERSTONE 1720 S AMPHLETT BLVD SUITE 110 SAN MATEO CA 94402 RENT 313474 ACCOUNTEMPS FILE 73484 PO BOX 60000 SAN FRANCISCO CA 94160 TEMP AGENCY 233983 ELITE NETWORK 444 CASTRO STREET SUITE 920 MOUNTAIN VIEW CA 94041 TEMP AGENCY 190181 OFFICE TEAM FILE 73484 PO BOX 60000 SAN FRANCISCO CA 94160 TEMP AGENCY 177576 12 856160 13969 856160 TUITION 611600 16485868 16485868 COURSE FEES 611600 2586119 2586119 OTHER PROGRAM SERV. IN 611710 260368 260368 19332355 16475 16475 270731 263353 29128 7378 -29128 -21750 -21750 20183240 19332355 0 -5275 821315 821315 1285672 695855 589817 6299204 5481426 754410 63368 56417 27366 29051 579482 454816 116127 8539 525444 368642 150413 6389 965353 533388 274413 157552 53454 53454 108940 108940 173891 101756 59320 12815 120751 93553 25751 1447 166453 166453 140774 114060 22961 3753 65695 19794 26646 19255 72987 72987 2630399 2630399 9354 9354 95000 95000 OTHER 1603341 943529 425058 234754 TEMPORARY AGENCIES 646296 444938 201358 FELLOWSHIPS 595311 468543 126768 TUITION WAIVER/ADJUSTME 223574 219274 4300 MEALS/ENTERTAINMENT 186983 112425 52293 22265 87047 87047 17513137 13793933 3189067 530137 500 43102 2013777 3634990 1480038 1315517 5735101 3726079 227034 395845 9515635 2427375 6070137 7088260 268176 262314 672550 686563 16467313 17152670 568624 1247723 6123964 3498288 1675261 1632508 8367849 6378519 X 6270229 9132630 1189443 994915 639792 646606 8099464 10774151 16467313 17152670 X 2670103 4584 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1080810 6734 8501 1096045 822935 250796 7607 -528 1081866 690411 179154 -46630 822935 0.41010 0.58990 0 0 2950000 2950000 3633941 192252 3441689 1418603 1141758 276845 1513091 1093365 419726 7088260 PAYABLE TO LENDERS FOR EXCESS FUNDS TO STUDENTS 10000 NOTE PAYABLE 1622508 1632508 20183240 17513137 2670103 4584 4584 2674687 19366509 4584 -821315 -816731 20183240 0 20183240 16691822 0 16691822 821315 821315 17513137 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE UNIVERSITY IS RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS AN ORGANIZATION EXEMPT FROM INCOME TAXES ON RELATED ACTIVITIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. AS OF JULY 31, 2011 AND 2010, MANAGEMENT EVALUATED THE UNIVERSITY'S TAX POSITIONS AND CONCLUDED THAT THE UNIVERSITY HAD MAINTAINED ITS TAX-EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE UNIVERSITY IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY FEDERAL OR STATE AUTHORITIES FOR YEARS BEFORE 2007. PART XII, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -821,315. PART XIII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 821,315. 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 PALO ALTO UNIVERSITY INCLUDES THE FOLLOWING STATEMENT OF NONDISCRIMINATION IN THE STUDENT HANDBOOK AND PUBLISHES A SIMILAR STATEMENT IN ADMISSION MATERIALS, AVAILABLE IN PAPER OR ELECTRONIC FORMAT: PAU IS COMMITTED TO MAINTAINING A LEARNING ENVIRONMENT IN WHICH STUDENTS CAN DEVELOP INTELLECTUALLY, PROFESSIONALLY, PERSONALLY, AND SOCIALLY. SUCH AN ENVIRONMENT MUST BE FREE OF INTIMIDATION, FEAR, COERCION, AND REPRISAL. PAU DOES NOT DESCRIMINATE ON THE BASIS OF RACE, RELIGION, COLOR, NATIONAL ORIGIN, SEX, SEXUAL ORIENTATION, PHYSICAL OR MENTAL DISABILITY, STATUS AS A VIETNAM-ERA OR SPECIAL DISABLED VETERAN, OR AGE IN ADMISSIONS AND EMPLOYMENT AND IN THE ADMINISTRATION OF ITS PROGRAMS AND ACTIVITIES. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES FEDERAL AID UNDER TITLE IV OF THE STUDENT FINANCIAL ASSISTANCE PROGRAM. THE PROGRAMS THAT THE UNIVERSITY PARTICIPATES IN ARE THE FEDERAL FAMILY EDUCATION LOAN PROGRAM (WHICH INCLUDES FEDERAL STAFFORD SUBSIDIZED, UNSUSIDIZED AND EXTENDED UNSUBSIDIZED LOANS) AND THE FEDERAL WORK STUDY PROGRAM. 1 SCHOLARSHIPS, GRANTS AND FINANCIAL AIDS 218 821315 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE ORGANIZATION PROVIDES FINANCIAL AID ONLY TO QUALIFIED STUDENTS ENROLLED AT THE UNIVERSITY. X 0 0 0 0 0 0 0 0 0 ALLEN CALVIN 375640 0 0 0 0 0 18173 0 1047 0 394860 0 0 0 BILL FROMING 251956 0 0 0 0 0 12728 0 8488 0 273172 0 0 0 ROBERT RUSSELL 215736 0 0 0 0 0 9655 0 10076 0 235467 0 0 0 JAMES BRECKENRIDGE 169560 0 0 0 0 0 8544 0 3838 0 181942 0 0 0 LEONARD BECKUM 165771 0 0 0 0 0 7810 0 9615 0 183196 0 0 0 55104 NEED BASED SCHOLARSHIPS FORM 990, PART VI, SECTION B, LINE 11 FORM 990 WAS REVIEWED BY CFO AND AUDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C WHEN A POTENTIAL CONFLICT OF INTEREST SURFACES, IT IS REFERRED BOTH TO OUR ATTORNEYS AND THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. OUR ATTORNEYS' COMMENTS ARE SHARED WITH THE EXECUTIVE COMMITTEE WHO VOTES ON WHETHER THE ACTION UNDER QUESTION SHOULD BE APPROVED. THE RESULTS OF THE EXECUTIVE COMMITTEE VOTE ARE RECORDED IN THE EXECUTIVE COMMITTEE MINUTES. FORM 990, PART VI, SECTION B, LINE 15 COST OF LIVING INCREASES BASED ON THE CPI. CEO AND CFO ARE EVALUATED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 4,584. THE ROLE OF THE AUDIT COMMITTEE FORM 990, PART XII, LINE 2C THE ROLE AND PROCESS OF THE AUDIT COMMITTEE HAVE NOT CHANGED FROM THE PRIOR YEAR.