2026-04-21T08:41:43-05:00 2025-12-31 881478669 CBIZ ADVISORS LLC 1899 L STREET NW 850 WASHINGTON DC 20036 990 2025-01-01 271763901 PRAGER UNIVERSITY FOUNDATION PRAG 7472512005 15021 VENTURA BOULEVARD 552 SHERMAN OAKS CA 91403 MARISSA STREIT CEO 7472512005 2026-04-17 1 FRANK SMITH P00639053 2022274000 2026-04-17 2025 2025-03-06 01:10:19Z MARISSA STREIT 15021 VENTURA BOULEVARD 552 SHERMAN OAKS CA 91403 78936665 0 X WWW.PRAGERU.COM X 2010 VA WE PROMOTE AMERICAN VALUES THROUGH THE CREATIVE USE OF DIGITAL MEDIA. 5 5 211 13520 215902 76117 66693281 73393250 0 0 4252653 3027839 -1235798 151012 69710136 76572101 0 0 0 0 22065512 25961048 1131743 1110752 13056696 45307248 42541934 68504503 69613734 1205633 6958367 101790093 110680780 6660579 5176896 95129514 105503884 PRAGER UNIVERSITY FOUNDATION ("PRAGERU") IS THE WORLD'S LEADING CONSERVATIVE NONPROFIT THAT IS FOCUSED ON CHANGING MINDS. WE PROMOTE AMERICAN, JUDEO-CHRISTIAN VALUES THROUGH THE CREATIVE USE OF DIGITAL MEDIA. 0 0 51605882 408496 PRAGER UNIVERSITY FOUNDATION ("PRAGERU") IS THE WORLD'S LEADING CONSERVATIVE NONPROFIT THAT IS FOCUSED ON CHANGING MINDS. WE PROMOTE AMERICAN, JUDEO-CHRISTIAN VALUES THROUGH THE CREATIVE USE OF DIGITAL MEDIA, AS OUR MISSION. TAKING FULL ADVANTAGE OF TODAY'S TECHNOLOGY AND SOCIAL MEDIA, WE EDUCATE MILLIONS OF AMERICANS AND YOUNG PEOPLE ABOUT THE VALUES THAT MAKE AMERICA GREAT. OUR VISION IS A WORLD COMMITTED TO LIFE, LIBERTY AND THE PURSUIT OF HAPPINESS. OUR PRIMARY PROGRAM IS MARKETING AND PRODUCING EDUCATIONAL CONTENT FOR ALL AGES, 4-104, WITH A FOCUS ON A PRO-AMERICAN, JUDEO-CHRISTIAN MESSAGE. 51605882 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 68 0 1 211 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AR CA CT FL GA HI IL KS KY ME MD MA MI MN MS NH NJ NM NY ND OR PA RI SC TN UT WV WI X MARISSA STREIT 7472512005 15021 VENTURA BOULEVARD 552 SHERMAN OAKS CA 91403 MIKE COLBY CHAIRMAN 1.00 X X 0 0 0 MIKE QUINN TREASURER (FROM 1/25) 1.00 X X 0 0 0 BOB HUTT DIRECTOR 1.00 X 0 0 0 DAVID BLUMBERG DIRECTOR 1.00 X 0 0 0 KIM BENGARD DIRECTOR 1.00 X 0 0 0 DENNIS BECK TREASURER (TO 1/25) 1.00 X X 0 0 0 TIM WALSH DIRECTOR (TO 5/25) 1.00 X 0 0 0 TIM SCHOWALTER SECRETARY (TO 3/25) 1.00 X X 0 0 0 MARISSA STREIT CHIEF EXECUTIVE OFFICER 40.00 X 988850 0 42465 LAYNE THRASHER CHIEF FINANCIAL OFFICER 40.00 X 459643 0 31421 CRAIG STRAZZERI CHIEF MARKETING OFFICER 40.00 X 443100 0 40666 ALLEN ESTRIN EXECUTIVE DIRECTOR 40.00 X 355000 0 10957 DANIEL SANDERS CHIEF TECHNICAL OFFICER 40.00 X 314505 0 19298 KATHERINE PATRYKUS CO-HEAD OF DEVELOPMENT 40.00 X 238830 0 18959 RACHEL OCHOA CO-HEAD OF DEVELOPMENT 40.00 X 218073 0 35768 DANA FISHMAN HEAD OF PRODUCTION 40.00 X 212139 0 22311 LARA ERMAN HEAD OF PRODUCTION 40.00 X 198447 0 20590 MICHAEL MIRCH HEAD OF CREATIVE 40.00 X 218603 0 45638 DZANA HOMAN VP, KIDS 40.00 X 198213 0 34908 DAVID PRAGER CHIEF DEVELOPMENT OFFICER 40.00 X 473041 0 50575 LUCY WERNER VP, DEVELOPMENT 40.00 X 236061 0 2603 ALEXANDER JIMENEZ VP, DESIGN 40.00 X 227942 0 36805 AARON FLAJSING VP, DEVELOPMENT 40.00 X 222307 0 46385 MARK KAWAMOTO VP, PERFORMANCE MARKETING 40.00 X 208250 0 33096 5213004 0 492445 81 0 1 0 FACEBOOK 901 CHERRY AVE SAN BRUNO CA 94066 ADVERTISING 12353874 GOOGLE 1 HACKER WAY MARIO PARK CA 94025 ADVERTISING 8057879 EKF PROMOTIONS 19528 VENTURA BLVD 232 TARZANA CA 91356 PROMOTIONAL MATERIALS 1083554 GIVINGTONS LLC 2209 HAWKS LANDING DR FAYETTEVILLE AR 72704 PROMOTIONAL MATERIALS 998003 DELICIOUS SIMPLICITY 421 MUSEUM DR LOS ANGELES CA 90065 WEB DEVELOPMENT 700361 29 2668936 70724314 3621908 73393250 3027839 3027839 15000 15000 1855160 2668936 2343546 -488386 -488386 34290 21018 13272 13272 REBATES 900099 408496 408496 ADVERTISING 541800 202630 202630 611126 76572101 408496 215902 2554453 4168384 2753164 697327 717893 17896383 11347145 1809752 4739486 709440 456344 97203 155893 1635955 1049751 240252 345952 1550886 980930 184265 385691 233171 116585 58293 58293 111437 55719 27859 27859 1110752 1110752 334000 266967 24579 42454 25311659 24855292 456367 1746620 500489 162203 1083928 4811760 3466331 1018208 327221 1806052 1296316 509736 741426 474786 112945 153695 471480 6842 132284 332354 580073 290036 145019 145018 166403 106488 20118 39797 PRODUCTION EXPENSES 3516505 3516505 MERCHANDISE 1800701 469 1800232 MERCHANT FEES 628885 4810 624075 MISCELLANEOUS 268080 65723 202357 13682 13682 69613734 51605882 4951156 13056696 6050826 6815703 1742215 66266368 5224344 5009863 644933 512493 1881276 1827143 628001 54133 84434837 30155626 3064937 1866594 101790093 110680780 2900641 3108907 162271 0 3597667 2067989 6660579 5176896 X 91342787 101110764 3786727 4393120 95129514 105503884 101790093 110680780 6958367 3416003 0 X 0 1 X 1 0 X 55881319 65180092 66561915 66693281 73393250 327709857 55881319 65180092 66561915 66693281 73393250 327709857 7208469 320501388 363933 726927 2280916 4272402 3042839 10687017 216064 44183 0 2645 74851 337743 298524 384924 408496 1091944 339826561 1148506 0.94310 0.94360 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: REBATES RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 62586145 2957178 65543323 48986656 10000000 3599489 62586145 11667633 35452313 1866710 48986656 11734621 2000000 -2066988 11667633 11272110 462511 11734621 0.97386 0.01793 0.00821 0 0 1539123 1514476 24647 342153 312667 29486 54133 LEASE LIABILITY 2067989 2067989 X 82331650 3416003 2343546 5759549 76572101 0 76572101 71957280 2343546 2343546 69613734 0 69613734 PART V, LINE 4: IN YEARS WHEN THE ENDOWMENT FUND PERFORMANCE EXCEEDS 5% NET RETURNS, THE FOUNDATION MAY WITHDRAW 5%. IN YEARS WHEN THE ENDOWMENT FUND PERFORMANCE DOES NOT EXCEED 5% NET RETURNS, THE FOUNDATION MAY ONLY WITHDRAW THE INVESTMENT APPRECIATION FROM THE PRIOR FISCAL YEAR, IF ANY. THE BOARD HAS THE ABILITY TO ADJUST THE WITHDRAWAL ANNUALLY. THE ENDOWMENT FUND'S INCOME IS UTILIZED FOR GENERAL OPERATIONS. TO DATE, THE FOUNDATION HAS CHOSEN NOT TO WITHDRAW ANY APPRECIATION FROM THE ENDOWMENT. PART X, LINE 2: THE FOUNDATION FOLLOWS THE AUTHORITATIVE GUIDANCE RELATING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES INCLUDED IN FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740, INCOME TAXES. THESE PROVISIONS PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE FOUNDATION BELIEVES THAT IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAXES IN ITS FINANCIAL STATES. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES NETTED ON PART VIII 2,343,546. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES NETTED ON PART VIII 2,343,546. X X X X X 1 HSP DIRECT 20130 LAKEVIEW CENTER PLAZA SUITE 3 ASHBURN VA 20147 DIRECT MAIL FUNDRAISING 1 2859534 1108139 1751395 THE KAL GROUP 9460 TEGNER RD HILMAR CA 95324 DIRECT MAIL FUNDRAISING 1 20524 2613 17911 2880058 1110752 1769306 AL AK AR CA CO CT DC FL GA HI IL KS KY LA ME MD MA MI MN MS MO NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI MAR-A-LAGO 2025 1901755 1819955 81800 15000 279591 178763 78498 EAST COAST GALA 898574 508574 390000 5280 132907 110684 117375 10 1723767 340407 1383360 47620 571004 523900 282924 4524096 2668936 1855160 67900 983502 813347 478797 2343546 -488386 SCHEDULE G, PART I, LINE 2B, COLUMN (V) FOR KAL GROUP, ALL AMOUNTS PAID REPRESENT PAYMENT FOR SERVICES. FOR HSP DIRECT, A PORTION OF THE PAYMENTS IDENTIFIED BELOW ARE REPRESENTATIVE OF REIMBURSEMENTS OF COSTS RELATED TO THE FUNDRAISING ACTIVITIES; APPROXIMATELY $961,000 OF THE TOTAL PAYMENTS ARE FOR DIRECT FUNDRAISING SERVICES WITH THE REMAINDER FOR REIMBURSEMENT OF ASSOCIATED COSTS. X 1 1 X X X X X 0 0 0 1 0 1 0 0 0 MARISSA STREIT CHIEF EXECUTIVE OFFICER 738851 0 249999 0 0 0 21000 0 21465 0 1031315 0 0 0 DAVID PRAGER CHIEF DEVELOPMENT OFFICER 390041 0 83000 0 0 0 21000 0 29575 0 523616 0 0 0 LAYNE THRASHER CHIEF FINANCIAL OFFICER 349643 0 110000 0 0 0 21000 0 10421 0 491064 0 0 0 CRAIG STRAZZERI CHIEF MARKETING OFFICER 343100 0 100000 0 0 0 21000 0 19666 0 483766 0 0 0 ALLEN ESTRIN EXECUTIVE DIRECTOR 305000 0 50000 0 0 0 10625 0 332 0 365957 0 0 0 DANIEL SANDERS CHIEF TECHNICAL OFFICER 314505 0 0 0 0 0 9450 0 9848 0 333803 0 0 0 AARON FLAJSING VP, DEVELOPMENT 188477 0 33830 0 0 0 14030 0 32355 0 268692 0 0 0 ALEXANDER JIMENEZ VP, DESIGN 203420 0 24522 0 0 0 14071 0 22734 0 264747 0 0 0 MICHAEL MIRCH HEAD OF CREATIVE 183927 0 34676 0 0 0 13781 0 31857 0 264241 0 0 0 KATHERINE PATRYKUS CO-HEAD OF DEVELOPMENT 185000 0 53830 0 0 0 9400 0 9559 0 257789 0 0 0 RACHEL OCHOA CO-HEAD OF DEVELOPMENT 178243 0 39830 0 0 0 13790 0 21978 0 253841 0 0 0 MARK KAWAMOTO VP, PERFORMANCE MARKETING 193420 0 14830 0 0 0 9556 0 23540 0 241346 0 0 0 LUCY WERNER VP, DEVELOPMENT 188750 0 47311 0 0 0 2361 0 242 0 238664 0 0 0 DANA FISHMAN HEAD OF PRODUCTION 190000 0 22139 0 0 0 12728 0 9583 0 234450 0 0 0 DZANA HOMAN VP, KIDS 178420 0 19793 0 0 0 12288 0 22620 0 233121 0 0 0 LARA ERMAN HEAD OF PRODUCTION 180000 0 18447 0 0 0 11007 0 9583 0 219037 0 0 0 PART I, LINE 1A C-LEVEL EMPLOYEES OCCASIONALLY UTILIZE FIRST CLASS TRAVEL FOR LENGHTY CROSS-COUNTRY OR RED-EYE FLIGHTS. THIS IS NOT INCLUDED IN TAXABLE COMPENSATION FOR THESE EMPLOYEES. PART I, LINE 5 THE CHIEF EXECUTIVE OFFICER BONUS IS BASED ON ANNUAL REVENUES AS APPROVED BY THE BOARD OF DIRECTORS AND VERIFIED ANNUALLY PER BOARD COMPENSATION COMMITTEE. BY 12/31 OF EACH YEAR, THE BONUS IS ESTIMATED AND ACCRUED AND RECONCILED IN FULL POST-AUDIT COMPLETION. THE EXECUTIVE/COMPENSATION COMMITTEE ALSO REVIEWS EACH YEAR'S BONUS BEFORE IT IS PAID OUT. PART I, LINE 6 THE BONUSES AWARDED TO THE REST OF THE STAFF (PRIMARILY YEAR-END) ARE DISCRETIONARY PERFORMANCE BONUSES AND CAREFULLY CONSIDERED BETWEEN INDIVIDUAL DEPARTMENT HEADS, CFO AND CEO. KANSAS & BROOKLYN ENTITY OWNED BY DENNIS PRAGER, CO-FOUNDER 275000 KANSAS & BROOKLYN RECEIVED COMPENSATION FOR CONSULTING SERVICES PERFORMED BY DENNIS PRAGER, CO-FOUNDER. 0 X 106 3621908 HIGH/LOW AVG DATE RECEIV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE FEDERAL FORM 990 IS INITIALLY REVIEWED BY MANAGEMENT & THE AUDIT COMMITTEE. IT IS THEN PRESENTED TO THE BOARD-AT-LARGE AS A DRAFT BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER, AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS ANNUALLY SIGNS A STATEMENT THAT AFFIRMS SUCH PERSON: - HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, - HAS READ AND UNDERSTANDS THE POLICY, - HAS AGREED TO COMPLY WITH THE POLICY, AND - UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FORM 990, PART VI, SECTION B, LINE 15 DETERMINING COMPENSATION FOR THE CEO, EXECUTIVE DIRECTOR, AND FOUNDER IS DONE BY THE BOARD OF DIRECTORS, OFTEN IN CONJUNCTION WITH A PROFESSIONAL AND INDEPENDENT SEARCH FIRM. SALARY SURVEYS, EXPERT KNOWLEDGE, AND CANDIDATE EXPERIENCE ARE KEY DETERMINANTS OF THESE SALARIES. THE LAST COMPENSATION STUDY WAS CONDUCTED IN SEPTEMBER 2024. OTHER OFFICER SALARIES ARE ALSO EVALUATED BY AN OUTSIDE SEARCH FIRM AND THE CEO. FORM 990, PART VI, SECTION C, LINE 19 PRAGER UNIVERSITY FOUNDATION'S GOVERNING DOCUMENTS, INCLUDING ITS ORGANIZATIONAL BYLAWS, FEDERAL FORMS 990, AND CONFLICT OF INTEREST POLICY, ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.