2025-04-02T14:23:20-05:00 2024-12-31 881478669 CBIZ ADVISORS LLC 1899 L STREET NW 850 WASHINGTON DC 20036 990 2024-01-01 271763901 PRAGER UNIVERSITY FOUNDATION PRAG 7472512005 15021 VENTURA BOULEVARD 552 SHERMAN OAKS CA 91403 MARISSA STREIT CEO 7472512005 2025-03-27 1 1 FRANK SMITH P00639053 2022274000 2025-03-27 2024 2025-03-06 01:10:19Z MARISSA STREIT 15021 VENTURA BOULEVARD 552 SHERMAN OAKS CA 91403 71838130 0 X WWW.PRAGERU.COM X 2010 VA WE PROMOTE AMERICAN VALUES THROUGH THE CREATIVE USE OF DIGITAL MEDIA. 8 8 197 19220 164895 2645 66561915 66693281 0 0 2277757 4252653 -160834 -1235798 68678838 69710136 0 0 0 0 17878904 22065512 876907 1131743 11955385 36668127 45307248 55423938 68504503 13254900 1205633 102023234 101790093 8960155 6660579 93063079 95129514 PRAGER UNIVERSITY FOUNDATION ("PRAGERU") IS THE WORLD'S LEADING CONSERVATIVE NONPROFIT THAT IS FOCUSED ON CHANGING MINDS. WE PROMOTE AMERICAN VALUES THROUGH THE CREATIVE USE OF DIGITAL MEDIA, AS OUR MISSION. 0 0 52318656 386404 PRAGER UNIVERSITY FOUNDATION ("PRAGERU") IS THE WORLD'S LEADING CONSERVATIVE NONPROFIT THAT IS FOCUSED ON CHANGING MINDS. WE PROMOTE AMERICAN 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. 52318656 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 79 0 1 197 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 8 8 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 GREG CASSILETH SECRETARY 1.00 X X 0 0 0 DENNIS BECK TREASURER 1.00 X X 0 0 0 MIKE QUINN DIRECTOR 1.00 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 TIM WALSH DIRECTOR 1.00 X 0 0 0 MARISSA STREIT CHIEF EXECUTIVE OFFICER 40.00 X 988850 0 33523 LAYNE THRASHER CHIEF FINANCIAL OFFICER 40.00 X 465517 0 32353 CRAIG STRAZZERI CHIEF MARKETING OFFICER 40.00 X 420263 0 35924 ALLEN ESTRIN EXECUTIVE DIRECTOR 30.00 X 325000 0 0 DAVID PRAGER CHIEF DEVELOPMENT OFFICER 40.00 X 410041 0 49695 DAN KRAUSER CHIEF ADVANCEMENT OFFICER 40.00 X 215999 0 12290 DANA FISHMAN HEAD OF PRODUCTION 40.00 X 226900 0 20003 ALEXANDER JIMENEZ VP, DESIGN 40.00 X 205367 0 32098 JEANINE SABLJIC VP, PEOPLE OPERATIONS 40.00 X 206132 0 27636 LISA WILKINS VP, DEVELOPMENT 40.00 X 201532 0 32056 LUCY WERNER VP, DEVELOPMENT 40.00 X 207400 0 1930 3873001 0 277508 61 0 1 0 FACEBOOK 901 CHERRY AVE SAN BRUNO CA 94066 ADVERTISING 11631889 GOOGLE 1 HACKER WAY MARIO PARK CA 94025 ADVERTISING 10545412 X CORP PO BOX 7247 LOCKBOX 6043 PHILADELPHIA PA 19170 ADVERTISING 1575000 EKF PROMOTIONS 19528 VENTURA BLVD 232 TARZANA CA 91356 PROMOTIONAL MATERIALS 1491352 GIVINGTONS LLC 2209 HAWKS LANDING DR FAYETTEVILLE AR 72704 PROMOTIONAL MATERIALS 897362 25 2668193 64025088 4256913 66693281 4252653 4252653 19749 19749 309550 2668193 2116396 -1806846 -1806846 13078 11598 1480 1480 REBATES 900099 384924 384924 ADVERTISING 541800 164895 164895 549819 69710136 386404 164895 2465556 2989455 1394611 702344 892500 15547294 10272885 1619783 3654626 689108 448594 90376 150138 1488308 1043801 166021 278486 1351347 867297 177498 306552 79360 39680 19840 19840 51184 25592 12796 12796 1131743 1131743 3843257 3723052 25997 94208 29413045 28683100 729945 1860262 592264 153306 1114692 4068801 3182444 565111 321246 1693038 1234636 458402 583551 264019 61204 258328 330295 92724 237332 239 592784 296392 148196 148196 138468 87200 19209 32059 MERCHANDISE 1719531 5797 1713734 MERCHANT FEES 633340 20677 612663 MISCELLANEOUS 179054 14585 164469 PAYROLL FEES 99967 49983 24992 24992 21311 21311 68504503 52318656 4230462 11955385 7579384 6050826 15451357 1742215 5042795 5224344 724671 644933 1875241 1247240 892835 628001 68078945 84434837 4253247 3064937 102023234 101790093 3790030 2900641 55000 162271 5115125 3597667 8960155 6660579 X 88212599 91342787 4850480 3786727 93063079 95129514 102023234 101790093 1205633 860802 0 X 0 1 X 1 0 X 34681451 55881319 65180092 66561915 66693281 288998058 34681451 55881319 65180092 66561915 66693281 288998058 6523339 282474719 822374 363933 726927 2280916 4272402 8466552 424265 217064 45183 358575 164895 1209982 298524 384924 683448 299358040 1629222 0.94360 0.94760 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: REBATES RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 48986656 10000000 3599489 62586145 11667633 35452313 1866710 48986656 11734621 2000000 -2066988 11667633 0 11272110 462511 11734621 0.97380 0.01880 0.00740 0 0 1539123 1011089 528034 336118 236151 99967 628001 LEASE LIABILITY 3597667 3597667 X 72687334 860802 2116396 2977198 69710136 0 69710136 70620899 2116396 2116396 68504503 0 68504503 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 2,116,396. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES NETTED ON PART VIII 2,116,396. X X X X X 1 HSP DIRECT 20130 LAKEVIEW CENTER PLAZA SUITE 3 ASHBURN VA 20147 FUNDRAISING CONSULTING 1 3088751 1122783 1965968 THE KAL GROUP 9460 TEGNER RD HILMAR CA 95324 FUNDRAISING CONSULTING 1 446702 8960 437742 3535453 1131743 2403710 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 WEST COAST GALA 963074 915324 47750 7438 176976 161318 14989 MAR-A-LAGO 836776 721976 114800 10240 326403 195535 123635 6 1177893 1030893 147000 7735 434044 360783 297300 2977743 2668193 309550 25413 937423 717636 435924 2116396 -1806846 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; $101,343 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 20700 0 12823 0 1022373 0 0 0 LAYNE THRASHER CHIEF FINANCIAL OFFICER 349517 0 116000 0 0 0 23000 0 9353 0 497870 0 0 0 DAVID PRAGER CHIEF DEVELOPMENT OFFICER 385041 0 25000 0 0 0 20700 0 28995 0 459736 0 0 0 CRAIG STRAZZERI CHIEF MARKETING OFFICER 343263 0 77000 0 0 0 19250 0 16674 0 456187 0 0 0 ALLEN ESTRIN EXECUTIVE DIRECTOR 305000 0 20000 0 0 0 0 0 0 0 325000 0 0 0 DANA FISHMAN HEAD OF PRODUCTION 175000 0 51900 0 0 0 10650 0 9353 0 246903 0 0 0 ALEXANDER JIMENEZ VP, DESIGN 168565 0 36802 0 0 0 11520 0 20578 0 237465 0 0 0 JEANINE SABLJIC VP, PEOPLE OPERATIONS 155532 0 50600 0 0 0 10800 0 16836 0 233768 0 0 0 LISA WILKINS VP, DEVELOPMENT 180532 0 21000 0 0 0 15220 0 16836 0 233588 0 0 0 DAN KRAUSER CHIEF ADVANCEMENT OFFICER 214999 0 1000 0 0 0 12290 0 0 0 228289 0 0 0 LUCY WERNER VP, DEVELOPMENT 185000 0 22400 0 0 0 1930 0 0 0 209330 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 446130 KANSAS & BROOKLYN RECEIVED COMPENSATION FOR CONSULTING SERVICES PERFORMED BY DENNIS PRAGER, CO-FOUNDER. 0 X 149 4256913 HIGH/LOW AVG DATE RECEIV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE FEDERAL FORM 990 IS INITIALLY REVIEWED BY THE CFO, CEO, AND EXECUTIVE DIRECTOR. 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.