2026-05-29T10:42:14-05:00 2025-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 333 BUSH STREET STE 1000 SAN FRANCISCO CA 94104 990 2025-01-01 463187118 ARIA UNIVERSITY ARIA 8448728680 1521 CALIFORNIA CIRCLE MILPITAS CA 95035 ANAND KUCHIBHOTLA PRESIDENT 8448728680 2026-05-28 1 QI WEN LIANG P01270238 4159561500 2026-05-28 2025 2025-03-06 01:10:19Z ANAND KUCHIBHOTLA 1521 CALIFORNIA CIRCLE MILPITAS CA 95035 4943878 0 X HTTPS://ARIA.EDU/ X 2013 CA ARIA UNIVERSITY'S MISSION IS TO PROVIDE EXCELLENT RESEARCH, PROFESSIONAL, LIBERAL ARTS, AND SCIENCE EDUCATION, FOSTERING A, "WHOLE PERSON" SCHOLAR-PRACTITIONER MODEL TO EDUCATE LEADERS GLOBALLY. 12 12 11 20 0 0 1351997 4180626 706964 761748 30 686 0 0 2058991 4943060 93140 87088 0 0 1506491 1731142 0 0 414354 963430 1294194 2563061 3112424 -504070 1830636 2317041 4059770 483067 596427 1833974 3463343 X ARIA UNIVERSITY'S MISSION IS TO PROVIDE EXCELLENT RESEARCH, PROFESSIONAL, LIBERAL ARTS, AND SCIENCE EDUCATION WHILE FOSTERING A DIVERSE, INCLUSIVE, AND GLOBALLY CONSCIOUS LEARNING COMMUNITY. IT AIMS TO EMPOWER STUDENTS TO ACHIEVE THEIR FULL POTENTIAL AS SCHOLAR-PRACTIOINERS, PREPARING THEM TO LEAD AND CONTRIBUTE TO BOTH LOCAL AND GLOBAL COMMUNITIES. 1 0 2376612 87088 761748 ARIA UNIVERSITY IS A NONPROFIT UNIVERSITY ACCREDITED BY THE WESTERN ASSOCIATION OF SCHOOLS AND COLLEGES SENIOR COLLEGE AND UNIVERSITY COMMISSION (WSCUC). IT OFFERS SIX MASTERS OF ARTS, FIVE DIPLOMAS, AND FIVE CERTIFICATE PROGRAMS. IN ADDITION, THE UNIVERSITY, AS DESCRIBED ABOVE, IS IN PROCESS OF STARTING A SCHOOL OF MEDICINE AFTER OBTAINING LCME APPROVALS. DURING 2025, THE UNIVERSITY HAS UNDERTAKEN CERTAIN STEPS TO START A SCHOOL OF MEDICINE IN SAN JOAQUIN COUNTY, CALIFORNIA, A HISTORICALLY UNDESERVED MEDICAL COMMUNITY. SUCH STEPS INCLUDE ENTERING INTO A LEASE AGREEMENT WITH SAN JOAQUIN COUNTY FOR A MEDICAL SCHOOL ADJACENT TO SAN JOAQUIN COUNTY HOSPITAL, HIRING OF A DEAN AND OTHER PERSONNEL. SCHOOL OF MEDICINE, SUBMITTING A PRELIMINARY APPLICATION TO LIAISON COMMITTEE ON MEDICAL EDUCATION (LCME), AND MORE FOCUSED FUNDRAISING EFFORTS. DESPITE ITS BEST EFFORTS, THERE ARE NO GUARANTEES THAT THE UNIVERSITY WILL BE SUCCESSFUL IN ITS EFFORTS TO START A SCHOOL OF MEDICINE IN THE NEXT COUPLE OF YEARS DUE TO FUNDING REQUIRED AND LCME REQUIREMENTS. 2376612 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 1 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 X 78 0 1 11 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X ANAND KUCHIBHOTLA 8448728680 1521 CALIFORNIA CIRCLE MILPITAS CA 95035 ANAND KUCHIBHOTLA PRESIDENT 40.00 X 289000 0 36634 RAJU CHAMARTHI - CHIEF ACADEMIC OFFICER (THRU 03/25)/CEO 40.00 X 200000 0 37126 VENKAT GUDIVADA - PROVOST CHIEF ACADEMIC OFFICER (AS OF 03/25) 40.00 X 180833 0 34659 ROBERT SUSKIND FOUNDING DEAN OF SCHOOL OF MEDICINE 40.00 X 161763 0 3292 ELVA SPRATTLING DIRECTOR OF FINANCE 40.00 X 125000 0 3797 ALFRED TENORE - FOUNDING SR ASSOCIATE DEAN OF SCHOOL OF MEDICAL EDUCATION 40.00 X 115545 0 8604 DEVENDER NARALA DEVELOPMENT DIRECTOR 40.00 X 110040 0 0 PRABHAKAR KALAVACHERLA CHAIR 1.00 X X 0 0 0 SADHANA SEELAM SECRETARY (THRU 05/25) 1.00 X 0 0 0 ELIZABETH SHOEMAKER TRUSTEE/SECRETARY (AS OF 05/25) 1.00 X X 0 0 0 NARAYANAN BALAKRISHNAN TRUSTEE 1.00 X 0 0 0 NEERAJ BHATIA TRUSTEE 1.00 X 0 0 0 AMY CATLIN-JAIRAZBHOY TRUSTEE 1.00 X 0 0 0 DEV GNANADEV TRUSTEE 1.00 X 0 0 0 VENU KONDLE TRUSTEE 1.00 X 0 0 0 SIDDAHARTHA LAKIREDDY TRUSTEE 1.00 X 0 0 0 SWARUP MEDASANI TRUSTEE 1.00 X 0 0 0 MARIA OLIDE TRUSTEE 1.00 X 0 0 0 BARRY RYAN TRUSTEE 1.00 X 0 0 0 SHEKAR VISWANATHAN TRUSTEE 1.00 X 0 0 0 1182181 0 124112 7 0 1 0 KARTIKEYA PATEL 642 FOOTHILL DRIVE PACIFICA CA 94044 ACCREDITATION SERVICES 128000 1 4180626 4180626 TUITION REVENUE 611310 761748 761748 761748 686 686 818 818 0 4943060 761748 0 686 X 87088 87088 1072597 688995 187528 196074 480283 365327 4506 110450 74998 52752 3268 18978 103264 70219 12392 20653 57264 57264 760801 728077 32724 17142 15428 1714 20242 7020 6202 7020 110091 99082 11009 92050 62594 11046 18410 60814 60814 1456 1456 3582 3224 358 10429 10212 217 35653 24244 4278 7131 ACCREDITATION FEES 79617 71655 7962 EVENT EXPENSES 30099 28899 1200 BANK CHARGES 14954 14954 3112424 2376612 321458 414354 39673 2288174 1065795 893612 46454 50602 34093 33275 46603 29936 484288 126781 42226 357507 1042197 406664 2317041 4059770 238719 408417 0 12132 244348 175878 483067 596427 X 902438 547335 931536 2916008 1833974 3463343 2317041 4059770 X 1830636 -201267 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 45193 27547 17646 119195 99234 19961 319900 319900 357507 SECURITY DEPOSIT 4421 LEASE RECEIVABLE 402243 406664 X 4976790 120000 818 120818 4855972 87088 87088 4943060 3347421 120000 202085 322085 3025336 87088 87088 3112424 PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") AND FROM CALIFORNIA FRANCHISE AND INCOME TAXES UNDER SECTION 23701D OF THE REVENUE AND TAXATION CODE. THE UNIVERSITY EVALUATES ITS INCOME TAX POSITION EACH FISCAL YEAR TO DETERMINE WHETHER THE UNIVERSITY'S TAX POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED IF EXAMINED BY THE APPLICABLE TAXING AUTHORITY. THE EVALUATION HAD NO MATERIAL IMPACT ON THE UNIVERSITY'S FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 818. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL ASSISTANCE 87,088. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 818. WRITE-OFF RECEIVABLES 201,267. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL ASSISTANCE 87,088. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE ENTITY HAS A RACIALLY NONDISCRIMINATORY POLICY THAT IS INCLUDED IN ADMISSION AND PUBLICITY MATERIAL. SOUTH ASIA 0 47 PROGRAM SERVICES FACULTY & ADMINISTRATIVE SERVICES 349313 0 47 0 0 0 47 349313 0 349313 0 0 0 0 0 0 1 TUITION REDUCTION 91 87088 PART I, LINE 2: THE UNIVERSITY PROVIDES PARTIAL TUITION WAIVERS ON A CASE BY CASE BASIS. THE AMOUNT OF FINANCIAL ASSISTANCE GIVEN THROUGH THE YEAR SHOULD NOT EXCEED 25% OF THE BUDGET AMOUNT APPROVED BY THE BOARD OF TRUSTEES ANNUALLY. THE UNIVERSITY MAINTAINS RECORDS OF AMOUNTS AWARDED AND DISBURSED. THE PROVOST OFFICE SENDS A REPORT TO THE FINANCE DEPARTMENT TO TRACK THE FINANCIAL ASSISTANCE AS PART OF TUITION REVENUE. X 1 1 X 0 0 0 0 0 0 0 1 0 ANAND KUCHIBHOTLA PRESIDENT 209000 0 45324 0 34676 0 0 0 36634 0 325634 0 0 0 RAJU CHAMARTHI - CHIEF ACADEMIC OFFICER (THRU 03/25)/CEO 200000 0 0 0 0 0 0 0 37126 0 237126 0 0 0 VENKAT GUDIVADA - PROVOST CHIEF ACADEMIC OFFICER (AS OF 03/25) 180833 0 0 0 0 0 0 0 34659 0 215492 0 0 0 ROBERT SUSKIND FOUNDING DEAN OF SCHOOL OF MEDICINE 161763 0 0 0 0 0 0 0 3292 0 165055 0 0 0 PART I, LINE 1A ANAND KUCHIBHOTLA RECEIVED A GROSS-UP PAYMENT IN 2025. THIS WAS INCLUDED IN TAXABLE COMPENSATION. PART I, LINE 7 ANAND KUCHIBHOTLA RECEIVED A DISCRETIONARY BONUS PAYMENT IN 2025 WHICH WAS AWARDED AND APPROVED BY THE BOARD. FORM 990, PART III, LINE 2 SEE FORM 990, PART III, LINE 4A. FORM 990, PART V, LINE 1A: THE UNIVERSITY IS REPORTING 45 FORMS 1098-T ON FORM 990, PART V, LINE 1A. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS DISTRIBUTED AMONG BOARD MEMBERS. BOARD MEMBERS ARE GIVEN THREE DAYS FOR QUESTIONS AND THE FORM 990 IS NOT FILED BEFORE BOARD APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C ARIA UNIVERSITY REQUIRES THAT EACH TRUSTEE, PRINCIPAL OFFICER, AND MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS DISCLOSE THEIR CONFLICT OF INTEREST ON AN ANNUAL OR MORE FREQUENTLY BASIS TO THE UNIVERSITY. CONFLICT OF INTEREST POLICIES ARE REVIEWED AS APPLICABLE ON A CONTINUOUS BASIS. NEW BOARD MEMBERS ARE INFORMED WHEN THEY JOIN THE BOARD ABOUT THE POLICY. THE POLICY MAINTAINS THAT EACH OFFICER, DIRECTOR, AND MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS WHO HAS A FINANCIAL INTEREST IN A TRANSACTION WITH THE ORGANIZATION HAS A DUTY TO DISCLOSE ALL MATERIAL FACTS REGARDING POTENTIAL CONFLICTS OF INTEREST TO THE TRUSTEES AND COMMITTEE MEMBERS WHO ARE CONSIDERING THE PROPOSED TRANSACTION. AFTER A POTENTIAL CONFLICT OF INTEREST IS DISCLOSED, THE DISINTERESTED BOARD OR COMMITTEE MEMBERS DETERMINE BY DISCUSSION AND VOTE WHETHER A CONFLICT EXISTS. SHOULD AN ACTUAL CONFLICT OF INTEREST BE IDENTIFIED, THE INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OR COMMITTEE MEETING, THEN AFTER SUCH PRESENTATION MUST LEAVE THE MEETING DURING THE DISCUSSION OF AND VOTE ON THE TRANSACTION OR ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST. RECORDS OF THE PROCEEDINGS AND ANY ACTIONS TAKEN BY THE BOARD OR COMMITTEE ARE MAINTAINED IN THE MEETING MINUTES. TO ENSURE THAT THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH ITS CHARITABLE PURPOSES AND THAT IT DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS STATUS AS A TAX-EXEMPT ORGANIZATION, PERIODIC REVIEWS OF POTENTIAL CONFLICTS OF INTEREST ARE CONDUCTED AND INVOLVE, AT A MINIMUM, REVIEWS OF COMPENSATION ARRANGEMENTS AND AGREEMENTS WITH THIRD PARTIES. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD APPROVES WAGES FOR OFFICERS, KEY EMPLOYEES, AND CONTRACTORS THROUGH A PROCESS BASED ON COMPARABILITY DATA WITH CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY'S CONFLICT OF INTEREST POLICY IS AVAILABLE ON THE ORGANIZATION'S WEBSITE. THE UNIVERSITY'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL AND CONTRACTUAL SERVICES: PROGRAM SERVICE EXPENSES 728,077. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 32,724. TOTAL EXPENSES 760,801. FORM 990, PART XI, LINE 9: WRITE-OFF RECEIVABLES -201,267.