MARSHALL B KETCHUM UNIVERSITY: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- MARSHALL B KETCHUM UNIVERSITY (EIN 95-1644593)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-05-15
- IRS object ID
- 201231369349306893
- Schema version
- 2010v3.4
- 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 I
- Schedule J
- Schedule K
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-05-15T17:45:07-05:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WINDES & MCCLAUGHRY ACCT CORP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 87 | AddressLine1 |
| City | LONG BEACH | City |
| State | CA | State |
| ZIP Code | 908010087 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 951644593 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOUTHERN CALIFORNIA COLLEGE OF OPTOMETRY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SOUT | NameControl |
| Phone | 7144497468 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2575 YORBA LINDA BLVD | AddressLine1 |
| City | FULLERTON | City |
| State | CA | State |
| ZIP Code | 92831 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | SHAWN K MCCOWN | Name |
| Title | VP FINANCIAL AFFAIRS, CFO | Title |
| Phone | 7144497468 | Phone |
| Date Signed | 2012-05-14 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DONITA M JOSEPH | Name |
| Phone | 5624351191 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | KEVIN ALEXANDER | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2575 YORBA LINDA BLVD | AddressLine1 |
| City | FULLERTON | City |
| State | CA | State |
| ZIP Code | 92831 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 23493093 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.SCCO.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1904 | YearFormation |
| State Legal Domicile | CA | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE QUALITY OPTOMETRIC EDUCATION THROUGH TEACHING, PATIENT CARE, AND RESEARCH. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 24 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 24 | NbrIndependentVotingMembers |
| Total Nbr Employees | 468 | TotalNbrEmployees |
| Total Nbr Volunteers | 135 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2286271 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2460322 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 16612563 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 18378438 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 534797 | InvestmentIncomePriorYear |
| Investment Income Current Year | 482856 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 464365 | OtherRevenuePriorYear |
| Other Revenue Current Year | 541625 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 19897996 | TotalRevenuePriorYear |
| Total Revenue Current Year | 21863241 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 517151 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 411152 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 10968912 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 11745878 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 328259 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 7806476 | OtherExpensePriorYear |
| Other Expenses Current Year | 8022318 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 19292539 | TotalExpensesPriorYear |
| Total Expenses Current Year | 20179348 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 605457 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1683893 | RevenuesLessExpensesCY |
| Total Assets BOY | 65135418 | TotalAssetsBOY |
| Total Assets EOY | 69535326 | TotalAssetsEOY |
| Total Liabilities BOY | 32298081 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 31935388 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 32837337 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 37599938 | NetAssetsOrFundBalancesEOY |
| Mission Description | PROVIDES A FOUR-YEAR GRADUATE DEGREE IN OPTOMETRY, RESIDENCY PROGRAMS, & CONTINUING EDUCATION TO OPTOMETRISTS. THE COLLEGE ALSO PROVIDES PATIENT CARE, INFORMS THE PUBLIC ON EYE/VISION CARE, AND CONDUCTS INTERNALLY & EXTERNALLY FUNDED RESEARCH ON EYE/VISION CONDITIONS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 10703645 | Expense |
| Grants | 411152 | Grants |
| Revenue | 13408132 | Revenue |
| Description | OPTOMETRIC EDUCATION: WITH 398 GRADUATE STUDENTS, SIGNIFICANT CURRICULAR CHANGES WERE IMPLEMENTED TO PRODUCE POSITIVE OUTCOMES FOR STUDENT LEARNING, ACADEMIC PERFORMANCE AND IMPROVED PASS RATES ON THE NEWLY FORMATTED NATIONAL BOARD EXAMS (NBEO). 96 4TH-YEAR STUDENTS GRADUATED MAY 2011. FOR THE INCOMING FALL 2010 1ST YEARS, 280 WERE INTERVIEWED OUT OF 604 APPLICANTS WITH 100 ACCEPTANCES. THE MASTER OF SCIENCE IN VISION SCIENCE GRADUATE PROGRAM AT SCCO WAS ACCREDITED BY THE WESTERN ASSOCIATION OF SCHOOLS AND COLLEGES (WASC) AND AN INITIAL CANDIDATE WAS ENROLLED. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 4078212 | Expense |
| Grants | 0 | Grants |
| Revenue | 5242329 | Revenue |
| Description | CLINICAL VISION/PATIENT CARE: THE COLLEGE OPERATES FULL-SERVICE VISION CLINICS ON ITS ORANGE COUNTY CAMPUS AND IN DOWNTOWN LOS ANGELES, PLUS 2 LIMITED-HOUR COMMUNITY CLINICS IN ORANGE COUNTY, ALL LOCATED IN VERY LOW-INCOME AREAS. THE CLINICS TOGETHER SERVED 24,765 UNDUPLICATED PATIENTS. COMPREHENSIVE VISION SERVICES INCLUDE BOTH PRIMARY EYE CARE AND SPECIALIZED PATIENT SERVICES: BASIC VISION EXAMINATION; PEDIATRIC VISION SCREENING, VISION CARE AND VISION THERAPY; OCULAR DISEASE DIAGNOSIS AND TREATMENT AND OPHTHALMOLOGY CONSULTATION; CONTACT LENSES AND PROSTHETICS FITTING; LOW VISION REHABILITATION AND EYEWEAR AND OPTICAL DISPENSING. THE COLLEGE PROVIDED $760,120 IN PUBLIC SUPPORT THROUGH DISCOUNTS AND FEE WAIVERS. ALSO, 15,711 LIVES WERE TOUCHED THROUGH OUR 68 COMMUNITY SCHOOL SCREENING PROGRAMS. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 952483 | Expense |
| Description | RESEARCH: FACULTY PROJECTS INCLUDED STUDIES OF PEDIATRIC VISION PROBLEMS (AMBLYOPIA AND CONVERGENCE INSUFFICIENCY), DRY EYE/OCULAR SURFACE DISEASE, CONTACT LENS SOLUTION TOXICITY CHARACTERIZATION AND STUDIES INTO THE EFFECT OF DIABETES ON RETINAL FUNCTION. CLASS OF 2012 PROJECTS WERE UNDERTAKEN DURING THE YEAR, AND MORE THAN 40 ADDITIONAL PROPOSALS WERE SUBMITTED BY THE CLASS OF 2013. THE MASTER OF SCIENCE IN VISION SCIENCE GRADUATE PROGRAM AT SCCO HAS NOW ENROLLED 5 CANDIDATES. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 15734340 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 43 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 468 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | EI | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 24 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 24 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHAWN K MCCOWN CFO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7144497468 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2575 YORBA LINDA BOULEVARD | AddressLine1 |
| City | FULLERTON | City |
| State | CA | State |
| ZIP Code | 928311699 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (32 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| GENE D CALKINS | ||||||||
| CHAIRMAN | 2.00 | X | X | 0 | 0 | 0 | ||
| FRANCES M KNOTT | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| CHARLES MUNSON | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| TAMMIE K AKIYOSHI | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| SUELING H CHEN | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| DUANE DECROUPET | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| JOE DOBBS | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| MINARD DUNCAN | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| MARK A GALVAN | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| ROBERT GORDON | ||||||||
| TRUSTEE | 2.00 | X | 3774 | 0 | 0 | |||
| CRAIG HAMILTON | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| JEROME HUNTER | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| DUNCAN JOHNSON | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| RICHARD JONES | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| GREGORY KAME | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| STEVE KURATA | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| WARREN LOW | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| JOSEPH C MALLINGER | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| DANIEL L MAY | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| CAROL NAJERA | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| RICHARD S PRICE | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| GLENDA SECOR | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| ROD TAHRAN | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| WAYNE WEDIN | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| KEVIN ALEXANDER | ||||||||
| PRESIDENT | 40.00 | X | 228486 | 0 | 29160 | |||
| LISA ALBERS | ||||||||
| VP FINANCIAL AFFAIRS & CFO | 40.00 | X | 127337 | 0 | 18198 | |||
| MORRIS BERMAN | ||||||||
| VP & DEAN OF ACADEMIC AFFAIRS | 40.00 | 189620 | 0 | 26456 | X | |||
| GEORGE COMER | ||||||||
| CHIEF, JARNAGIN PRIMARY EYE CARE CENTER | 40.00 | 134958 | 0 | 20946 | X | |||
| TIMOTHY EDRINGTON | ||||||||
| COORDINATOR CORNEA, CONTACT LENS | 40.00 | 131279 | 0 | 20659 | X | |||
| KENNETH BROOKMAN | ||||||||
| ASSOC. DEAN ACADEMIC AFFAIRS | 40.00 | 123783 | 0 | 19922 | X | |||
| LORRAINE VOORHEES | ||||||||
| VP STUDENT AFFAIRS | 40.00 | 125485 | 0 | 20087 | X | |||
| JERRY PAUGH | ||||||||
| ASSOC. DEAN FOR RESEARCH | 40.00 | 117687 | 0 | 20194 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1182409 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 175622 | TotalOtherCompensation |
| Number Individuals GT100 K | 8 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Government Grants | 273713 | GovernmentGrants |
| All Other Contributions | 2186609 | AllOtherContributions |
| Total Contributions | 2460322 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION AND FEES | 611600 | 12254912 | 12254912 |
| CLINICS | 621300 | 5242329 | 5242329 |
| CONTINUED EDUCATION | 611430 | 440617 | 440617 |
| STUDENT HOUSING | 532000 | 380994 | 380994 |
| EDUCATIONAL PROGRAMS | 611600 | 51511 | 51511 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 8075 | TotalRevenueColumn |
| Related Or Exempt Function Income | 8075 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 18378438 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 388623 | TotalRevenueColumn |
| Exclusion | $388,623 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4169 | TotalRevenueColumn |
| Exclusion | $4,169 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 439355 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 194382 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 244973 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 244973 | TotalRevenueColumn |
| Related Or Exempt Function Income | 125040 | RelatedOrExemptFunctionIncome |
| Exclusion | $119,933 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 773429 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 675469 | Securities |
| Other | 3727 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 97960 | Securities |
| Other | -3727 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 94233 | TotalRevenueColumn |
| Exclusion | $94,233 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 903257 | GrossSalesOfInventory |
| Cost Of Goods Sold | 756274 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 146983 | TotalRevenueColumn |
| Related Or Exempt Function Income | 146983 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount |
|---|---|---|---|
| PARKING INCOME | 812930 | 67852 | $67,852 |
| MISC. INCOME | 900099 | 57361 | $57,361 |
| PRINTER/COPY MACHINE | 900099 | 20287 | $20,287 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 145500 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 21863241 | TotalRevenueColumn |
| Related Or Exempt Function Income | 18650461 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $752,458 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 411152 | Total |
| Program Services | 411152 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 637947 | Total |
| Management And General | 637947 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8753280 | Total |
| Program Services | 6892452 | ProgramServices |
| Management And General | 1674546 | ManagementAndGeneral |
| Fundraising | 186282 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 679120 | Total |
| Program Services | 537829 | ProgramServices |
| Management And General | 126755 | ManagementAndGeneral |
| Fundraising | 14536 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1005484 | Total |
| Program Services | 765834 | ProgramServices |
| Management And General | 218952 | ManagementAndGeneral |
| Fundraising | 20698 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 670047 | Total |
| Program Services | 495835 | ProgramServices |
| Management And General | 160811 | ManagementAndGeneral |
| Fundraising | 13401 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10409 | Total |
| Management And General | 10409 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 91607 | Total |
| Management And General | 91607 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11725 | Total |
| Management And General | 11725 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 239779 | Total |
| Program Services | 177436 | ProgramServices |
| Management And General | 57547 | ManagementAndGeneral |
| Fundraising | 4796 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24146 | Total |
| Program Services | 24146 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 662772 | Total |
| Program Services | 492361 | ProgramServices |
| Management And General | 157104 | ManagementAndGeneral |
| Fundraising | 13307 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 78408 | Total |
| Program Services | 1568 | ProgramServices |
| Management And General | 76056 | ManagementAndGeneral |
| Fundraising | 784 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 492477 | Total |
| Program Services | 364433 | ProgramServices |
| Management And General | 118194 | ManagementAndGeneral |
| Fundraising | 9850 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 192049 | Total |
| Program Services | 142116 | ProgramServices |
| Management And General | 46092 | ManagementAndGeneral |
| Fundraising | 3841 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 164277 | Total |
| Program Services | 78853 | ProgramServices |
| Management And General | 77210 | ManagementAndGeneral |
| Fundraising | 8214 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 781684 | Total |
| Program Services | 781684 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1658263 | Total |
| Program Services | 1227115 | ProgramServices |
| Management And General | 397983 | ManagementAndGeneral |
| Fundraising | 33165 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 70777 | Total |
| Program Services | 52375 | ProgramServices |
| Management And General | 16986 | ManagementAndGeneral |
| Fundraising | 1416 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| EYE CARE CENTER EXPENSE | 2607856 | 2607856 | ||
| BUILDING/GROUNDS MAINT. | 762591 | 564317 | 183022 | 15252 |
| DUES | 90546 | 34407 | 53422 | 2717 |
| BOND COST AMORTIZATION | 82571 | 82571 | ||
| OTHER EXPENSES | 381 | 381 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20179348 | Total |
| Program Services | 15734340 | ProgramServices |
| Management And General | 4116749 | ManagementAndGeneral |
| Fundraising | 328259 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3570 | BOY |
| EOY | 3371 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6000042 | BOY |
| EOY | 7914834 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37949 | BOY |
| EOY | 132928 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11423820 | BOY |
| EOY | 11312423 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 152964 | BOY |
| EOY | 153991 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 97445 | BOY |
| EOY | 130218 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 46039143 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 19918082 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26917713 | BOY |
| EOY | 26121061 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14974719 | BOY |
| EOY | 18185920 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2863018 | BOY |
| EOY | 3017903 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2664178 | BOY |
| EOY | 2562677 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 65135418 | BOY |
| EOY | 69535326 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1729202 | BOY |
| EOY | 1909616 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20007410 | BOY |
| EOY | 19037057 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10561469 | BOY |
| EOY | 10988715 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32298081 | BOY |
| EOY | 31935388 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22081675 | BOY |
| EOY | 25362844 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2802521 | BOY |
| EOY | 3853714 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7953141 | BOY |
| EOY | 8383380 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32837337 | BOY |
| EOY | 37599938 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 65135418 | BOY |
| EOY | 69535326 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 1683893 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 3078708 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | 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
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 16467121 | BeginningOfYearBalance |
| Contributions | 74539 | Contributions |
| Investment Earnings Or Losses | 3825665 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 242727 | GrantsOrScholarships |
| Other Expenditures | 1359285 | OtherExpenditures |
| End Of Year Balance | 18765313 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 15351008 | BeginningOfYearBalance |
| Contributions | 105434 | Contributions |
| Investment Earnings Or Losses | 2810693 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 227529 | GrantsOrScholarships |
| Other Expenditures | 1572485 | OtherExpenditures |
| End Of Year Balance | 16467121 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 18657860 | BeginningOfYearBalance |
| Contributions | 24195 | Contributions |
| Investment Earnings Or Losses | -2126807 | InvestmentEarningsOrLosses |
| Other Expenditures | 1204240 | OtherExpenditures |
| End Of Year Balance | 15351008 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.67000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.19000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.14000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2728512 | OtherCostOrOtherBasis |
| Book Value | 2728512 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 32004919 | OtherCostOrOtherBasis |
| Depreciation | 12970566 | Depreciation |
| Book Value | 19034353 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 11305712 | OtherCostOrOtherBasis |
| Depreciation | 6947516 | Depreciation |
| Book Value | 4358196 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 26121061 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (5 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| DEFERRED COMPENSATION | $35,695 |
| TUITION AND DEPOSITS | $1,495,032 |
| OTHER CURRENT LIABILITIES | $300,490 |
| FEDERAL ADVANCES FOR STUDENT LOANS | $8,030,713 |
| ANNUITIES PAYABLE | $1,126,785 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 10988715 | TotalOfAmounts |
| Total Revenue | 21863241 | TotalRevenue |
| Total Expenses | 20179348 | TotalExpenses |
| Excess Or Deficit For Year | 1683893 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 3337512 | NetUnrealizedGLOnInvestments |
| Other | -$258,804 | OtherAmount |
| Total Adjustments | 3078708 | TotalAdjustments |
| Excess Or Deficit Per FS | 4762601 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 28077045 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 3337512 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 5738000 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | -133913 | OtherRevenues |
| Revenue Not Rptd F990 | 8941599 | RevenueNotRptdF990 |
| Revenue Subtotal | 19135446 | RevenueSubtotal |
| Other Revenues Not Included | 2727795 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 2727795 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 21863241 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 23312073 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 5738000 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 2581 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 5740581 | ExpensesNotRptdF990 |
| Expenses Subtotal | 17571492 | ExpensesSubtotal |
| Other Expenses Not Included | 2607856 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 2607856 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 20179348 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (8 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | THE COLLEGE HAS UTILIZED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. AS A RESULT, THE ENDOWMENT ASSETS ARE INVESTED IN A MANNER THAT IS INTENDED TO PRODUCE RESULTS THAT, OVER THE LONG-TERM ALLOW IT TO GROW AT A RATE EXCEEDING EXPECTED INFLATION. THIS IS CONSISTENT WITH THE COLLEGE'S OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS HELD IN PERPETUITY, AS WELL AS TO PROVIDE ADDITIONAL REAL GROWTH THROUGH NEW GIFTS AND INVESTMENT RETURN. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | THE COLLEGE RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF TAX POSITIONS, SUCH AS ITS FILING STATUS AS TAX-EXEMPT, ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. THE COLLEGE IS SUBJECT TO POTENTIAL INCOME TAX AUDITS ON OPEN TAX YEARS BY ANY TAXING JURISDICTION IN WHICH IT OPERATES. THE STATUTE OF LIMITATIONS FOR FEDERAL PURPOSES IS THREE YEARS AND FOR STATE PURPOSES IS FOUR YEARS. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | ACTUARIAL ADJUSTMENT TO ANNUITY 104,413. TRUST AND ANNUITY LIABILITY OFFSET -243,278. BOOK/TAX DIFFERENCES FROM WOOD LANCASTER K-1 -119,939. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | ACTUARY ADJUSTMENT TO ANNUITY 104,413. TRUST AND ANNUITY LIABILITY OFFSET -243,278. FOUNDATION PRESERVATION OF SIGHT 4,922. SCCO COLLEGE PROPERTIES 30. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | WOOD LANDCASTER K-1 - BOOK TO TAX DIFFERENCE 119,939. EYE CARE CENTER PUBLIC SUPPORT AND INSURANCE ADJUSTMENTS 2,607,856. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | SCCO COLLEGE PROPERTIES 30. FOUNDATION PRESERVATION OF SIGHT 2,551. | |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | EYE CARE CENTER PUBLIC SUPPORT AND INSURANCE ADJUSTMENTS 2,607,856. | |
| SCCO PREPARES CONSOLIDATED FINANCIAL STATEMENTS WHICH INCLUDE THE FINANCIAL INFORMATION FOR THE FOUNDATION FOR THE PRESERVATION OF SIGHT AND SCCO COLLEGE PROPERTIES. THE NET INCOME PER THE FINANCIAL STATEMENTS REPORTED ON PART XI, LINE 10 ONLY INCLUDES SCCO'S INCOME AND EXPENSES. PART XII, LINE 1 AND PART XIII, LINE 1 ARE THE TOTAL REVENUE AND TOTAL EXPENSES AS REPORTED ON THE FINANCIAL STATEMENTS. THIS INCLUDES REVENUE AND EXPENSES FOR THE FOUNDATION AND SCCO COLLEGE PROPERTIES. BECAUSE OF THIS, THE SUM OF PART XII, LINE 1 AND PART XIII, LINE 1 DO NOT EQUAL PART XI, LINE 10. THE DIFFERENCE IS THE NET INCOME OF THE FOUNDATION AND SCCO COLLEGE PROPERTIES. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | SCHEDULE E, PART I, LINE 3 | FOR THE ONE-HUNDRED (100) POSITIONS AVAILABLE FOR FALL 2010, WE RECEIVED 604 APPLICATIONS FROM FOURTEEN (14) STATES. OF THE ONE-HUNDRED (100) STUDENTS COMPRISING THE NEW CLASS, EIGHTY-TWO (82) OF THESE STUDENTS WERE FROM THE STATE OF CALIFORNIA. DUE TO THE LIMITED NUMBER OF STUDENTS ACCEPTED EACH YEAR, IT IS IMPRACTICAL FOR US TO USE THE NEWSPAPER OR BROADCAST MEDIA FOR SOLICITING STUDENTS. WE DO HOWEVER, PRINT OUR OWN NON-DISCRIMINATORY POLICY IN OUR CATALOG AND OTHER RECRUITING BROCHURES. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | SOUTHERN CALIFORNIA COLLEGE OF OPTOMETRY RECEIVES MONEY TO HELP SUBSIDIZE STUDENTS' TUITION. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (3 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| SCHOLARSHIP - US DEPARTMENT OF HEALTH & HUMAN SERVICES | 40 | 100000 |
| PRIVATE SCHOLARSHIPS - DONOR CRITERIA | 28 | 102527 |
| PRIVATE SCHOLARSHIPS - COLLEGE CRITERIA | 173 | 208625 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: GRANTS AND FINANCIAL AID ARE AWARDED TO STUDENTS. THESE FUNDS ARE THEN USED FOR TUITION AND OTHER EXPENSES RELATED TO EDUCATION (BOOKS, LAB EQUIPMENT, ETC). FUNDS ARE NOT ACTUALLY RELEASED TO THE STUDENTS, BUT ARE USED TO OFFSET TUITION COSTS BY THE FINANCIAL AID OFFICE. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (4 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KEVIN ALEXANDER | |||||||||||||
| 228486 | 0 | 0 | 0 | 0 | 0 | 18000 | 0 | 11160 | 0 | 257646 | 0 | 0 | 0 |
| MORRIS BERMAN | |||||||||||||
| 189620 | 0 | 0 | 0 | 0 | 0 | 16939 | 0 | 9517 | 0 | 216076 | 0 | 0 | 0 |
| GEORGE COMER | |||||||||||||
| 134958 | 0 | 0 | 0 | 0 | 0 | 11532 | 0 | 9414 | 0 | 155904 | 0 | 0 | 0 |
| TIMOTHY EDRINGTON | |||||||||||||
| 131279 | 0 | 0 | 0 | 0 | 0 | 11252 | 0 | 9407 | 0 | 151938 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 1A | ReturnReference |
| Explanation | SCCO PROVIDES HOUSING FOR ITS PRESIDENT. THE COLLEGE OWNS A HOME THAT WAS DONATED BY THE PAST PRESIDENT, A PROPERTY THAT HAS NO MORTGAGE OR LIENS ATTACHED TO IT. THE SCHOOL ALLOWS THE PRESIDENT TO LIVE THERE RENT FREE, IN ADDITION TO PROVIDING UTILITIES AND MAINTENANCE FOR THE GROUNDS OF THE HOUSE. MANY COLLEGE EVENTS AND FUNCTIONS ARE HOSTED AT THE PRESIDENT'S HOUSE. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | REDEVELOPMENT AGENCY OF THE CITY OF FULLERTON | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 956000711 | IssuerEIN |
| CUSIP Number | 35981PAFO | CUSIPNumber |
| Date Issued | 2007-04-02 | DateIssued |
| Issue Price | 22847398 | IssuePrice |
| Description Of Purpose | FINANCE NEW EDU- CATIONAL FACILITIES | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amount Retired | 1689409 | AmountRetired |
| Amount Bond Defeased | 1689409 | AmountBondDefeased |
| Year Of Subst Completion | 2004 | YearOfSubstCompletion |
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Prcntge Prvt Business Use By Others | 0.00000 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.00000 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUse |
| Post Issuance Compliance Procdrs | 1 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 0 | VariableRateIssue |
| Hedge Identified In Books And Recds | 0 | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | MARK GALVAN IS AN OFFICER AT MAX VISION CARE AND ROBERT GORDON IS A 35% OWNER OF MAX VISION CARE. MAX VISION CARE IS AN HMO INSURANCE GROUP THAT THE CLINIC ACCEPTS AS INSURANCE COVERAGE FOR PATIENTS. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE BOARD OF TRUSTEES FINANCE COMMITTEE REVIEWS AND APPROVES THE FORM 990. PRIOR TO SUBMITTING TO IRS, THE FINAL FORM 990 IS FORWARDED TO THE ENTIRE BOARD OF TRUSTEES. | |
| A CONFLICT OF INTEREST QUESTIONNAIRE IS DISTRIBUTED TO THE BOARD OF DIRECTORS TO BE COMPLETED ANNUALLY. UPON THE DISCLOSURE OF ANY CONFLICT OF INTEREST, THE MATTER IS DISCUSSED WITH THE CHAIRMAN OF THE BOARD. | FORM 990, PART VI, SECTION B, LINE 12C | |
| COLLEGE OFFICER SALARIES ARE REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. IN ADDITION, THE PRESIDENT'S CONTRACT IS ESTABLISHED AND REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. | FORM 990, PART VI, SECTION B, LINE 15 | |
| THE DETERMINATION LETTER, ARTICLES OF INCORPORATION, BY-LAWS, AND FORM 990 ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST AT THE ENTITY'S MAIN OFFICE. A COPY OF THE FORM 990 CAN BE FOUND ON WWW.GUIDESTAR.ORG. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 3,337,512. ACTUARIAL ADJUSTMENT TO ANNUITY 104,413. TRUST AND ANNUITY LIABILITY OFFSET -243,278. BOOK/TAX DIFFERENCES FROM WOOD LANCASTER K-1 -119,939. TOTAL TO FORM 990, PART XI, LINE 5: 3,078,708. | FORM 990, PART XI, LINE 5: |
| BOARD OF DIRECTOR COMPENSATION | ROBERT GORDON IS A PART-TIME FACULTY MEMBER WHO WORKS ONCE A MONTH FOR THE COLLEGE. HE IS PAID A SMALL AMOUNT FOR HIS WORK AND DONATES BACK TO THE SCHOOL THE WAGES HE IS PAID. | FORM 990, PART VII, SECTION A |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Direct Controlling Entity NADirectControllingEntityNA | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|
| SCCO COLLEGE PROPERTIES INC | ||||||||||
| 2575 YORBA LINDA BLVD | FULLERTON | CA | 92831 | 953549243 | RENTAL OF APARTMENT COMPLEX | CA | 501(C)(2) | N/A | N/A | 0 |
| FOUNDATION FOR THE PRESERVATION OF SIGHT | ||||||||||
| 2575 YORBA LINDA BLVD | FULLERTON | CA | 92831 | 330075351 | EYECARE FOR DISADVANTAGED PEOPLE | CA | 501(C)(3) | 509(A)(3), TYPE I | N/A | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 1 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCCO COLLEGE PROPERTIES | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | C | TransactionType |
| Amount Involved | 954528 | AmountInvolved |
| Method Of Amt Determination | CASH | MethodOfAmtDetermination |
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