2023-02-16T16:04:36-06:00 2022-06-30 363990892 Capin Crouse LLP 3050 Saturn Street Suite 104 Brea CA 92821 990 2021-07-01 941279803 William Jessup University WILL 9165772200 2121 University Avenue Rocklin CA 95765 Diane Ahn CFO 9165772200 2023-02-16 1 Diane Ahn 999009999 Daren Daiga P00721951 5055022746 3 AAL1 IAL1 2021 2023-03-07 01:45:13Z John Jackson 2121 University Avenue Rocklin CA 95765 60872317 0 X www.jessup.edu X 1945 CA Christ-centered university offering degrees via traditional, continuing and online platforms. 11 8 940 98 0 0 12507621 14403713 47208606 45504108 611851 210584 -13294 4894 60314784 60123299 15930063 16819972 0 0 21777641 22958455 0 428344 4342886 16807260 20227607 54514964 60434378 5799820 -311079 122894462 119510265 84439258 86324531 38455204 33185734 X In partnership with the Church, the purpose of William Jessup University is to educate transformational leaders for the glory of God. 0 0 47293227 16330152 37153052 TRADITIONAL & DEGREE COMPLETION: Jessup enrolls nearly 900 students in its undergraduate and degree completion programs with an integrated Biblical foundation in each program. Each undergraduate program is founded on a solid liberal arts core and intentionally designed to foster a student's spiritual development. With 26 traditional and degree completion programs, Jessup has a variety of concentrations and specializations from which students may choose. Jessup's Degree Completion programs are customized to serve working adult students in a course of study that is convenient, flexible, and relevant to their personal and professional goals. Accelerated courses are offered remotely in a synchronous format. CONTINUE ON SCHEDULE O:The Degree Completion pedagogy is built to serve high-context adult learners who bring a wide range of work and life skills, gifts, and abilities into the classroom.Experiential and co-curricular learning opportunities are a hallmark of the traditional undergraduate programs as our internship opportunities and work preparedness courses assist students in school-to-work transitions. Majors include Business, Psychology, Criminal Justice, Leadership, English, History, Music, Theater, Visual and Fine Arts, Digital Communication & Design, Liberal Studies & Credentialing, Political Science, Biblical Studies, Biology, Kinesiology, Math, Aviation, and Computer Science. Jessup also offers three associate degrees.Jessup provides a holistic educational experience for its residential and commuter students. The University Learning Commons provides entry level and continuing educational support services for special needs and at-risk students through a team of academic specialists, success coaches, and tutors. Expert faculty who are selected and appointed for their academic expertise, professional experience, missional fit, and ability to teach in an accelerated adult classroom, capitalize on the adult learner's training and experience to help them grow in their expert knowledge of the subject matter as well as the ability to think, write, read, and speak well. The ADC educational experience seeks to bring the world of work into the classroom and take the knowledge and experience of the classroom back into their respective work situations.Fostering a student's passion for knowledge, professional growth and development, and matters of personal faith and spiritual formation reflects the spirit of Jessup's adult degree completion programs in Business Administration, Psychology, and Leadership. 1702787 304425 3810344 ONLINE EDUCATION: The growth of online options and programs now includes students across all degree platforms, as Jessup serves over 1,300 students online, with over 200 participating in 12 fully online degree programs. Undergraduate online degrees include Business, Computer Science, Criminal Justice, Health Care Administration, Leadership, and Psychology. Graduate online degrees include Master of Counseling Psychology (remote synchronous), Master of Science in Kinesiology, Master of Business Administration, Master of Arts in Leadership, Master of Arts in Education, and Master of Accountancy (remote synchronous). Online degrees provide flexible learning platforms that allow students who work to access faculty and curriculum in a convenient format. CONTINUE ON SCHEDULE O:Similarly, library resources and student support services are also accessible online. Finally, both Jessup's undergraduate and graduate degrees have the same graduation requirements and utilize the same faculty as the on ground degrees. 1520649 185395 4540712 GRADUATE EDUCATION:Jessup offers a growing array of high quality graduate degrees, each designed to offer an advanced-level educational experience taught by highly qualified faculty who share personal concern for each student's spiritual development and personal well-being. Current offerings serve over 450 students and include a MA of Accountancy, MA in Teaching, MA in Education, MBA, an International MBA, MS in Computer Science, MA in Counseling Psychology, MA in Leadership, and a MS in Kinesiology. Jessup is selectively building high-quality graduate degrees that serve student interests and marketplace demands based on the core academic strengths of its programs and faculty.CONTINUE ON SCHEDULE O:Both thesis-based and professional degree programs provide opportunities for critical thinking, speaking, and writing with the goal of preparing knowledgeable and highly qualified graduates who may pursue additional graduate study and/or professional careers. Internship opportunities and experiential learning emphases provide students with hands-on opportunities to promote their professional development. 50516663 1 1 0 1 0 0 0 0 1 1 1 0 0 0 0 0 1 0 1 0 1 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 1 0 0 1 2409 0 1 940 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 11 8 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 AK CA CO DC MA MD MI NH NV NY OH OK OR SC WA WI X Diane Ahn 9165772200 2121 University Avenue Rocklin CA 95765 X John Jackson President/Trustee 40.00 X X 278869 0 170045 Scott Fera General Counsel & Special Projects 40.00 X 149632 0 22556 Erin Hill AVP of Strategic Academic Projects, Associate Prof 40.00 X 144295 0 1972 Ahmad Shaar MBA & MSCS Program Director, Associate Professor 40.00 X 135882 0 9305 Kay Llovio VP for Educational Effectiveness, Dean/School of t 40.00 X 127356 0 12714 Gordon Flinn Vice President, Resource Development 30.00 X 136973 0 0 Diane Ahn VP of Finance/CFO 40.00 X 123141 0 11937 Nick Garza Trustee 1.00 X 250 0 0 Clifford Daugherty Chairman 1.00 X X 0 0 0 Rick K Pickering Interim Vice Chair 1.00 X X 0 0 0 Steven Olds Treasurer 1.00 X X 0 0 0 Edward Lee Secretary 1.00 X X 0 0 0 Laura Chiappe Trustee 1.00 X 0 0 0 Chris Mann Trustee 1.00 X 0 0 0 Jennifer Silva Griffin Trustee 1.00 X 0 0 0 Paul Edwards Trustee 1.00 X 0 0 0 Christa Proctor Trustee 1.00 X 0 0 0 1096398 0 228529 14 0 1 0 Bethel School of Technology 1880 Park Marina Drive Redding CA 96001 Recruiting services/tuition share 2413885 Bon Appetit 1000 West Temple Street Los Angeles CA 900740196 Food Services 1778760 Global Education Group LLC 1611 East 2nd Street 51 Casper WY 82601 Tuition Sharing 1026548 Teichert Construction 4401 Duluth Avenue Rocklin CA 95765 Field Grading 598205 CleanIt Maintenance Systems LLC 10408 Fair Oaks Blvd Fair Oaks CA 95628 Janitorial Services 464956 11 2234410 9254458 2914845 131194 14403713 Traditional Education 611310 37153052 37153052 Graduate 611310 4540712 4540712 Online 611310 3810344 3810344 45504108 162818 162818 3073 0 3073 3073 3073 768377 719512 1099 48865 -1099 47766 47766 30228 2234410 28407 1821 1821 60123299 45504108 0 215478 5471 5471 16814501 16814501 593952 112156 257985 223811 342203 265482 76721 18761468 16294553 1035028 1431887 206248 174568 16183 15497 1818007 1329503 477238 11266 1236577 1083237 74476 78864 47874 2850 45024 76095 76095 16040 16040 428344 428344 44378 44378 2647138 2140805 169061 337272 1660688 38708 1326587 295393 2082666 1255581 423175 403910 397416 171996 224827 593 3503108 2641101 153073 708934 1346715 1212244 6116 128355 97080 70616 14289 12175 3411115 3070004 307000 34111 2998143 2698329 269833 29981 363671 101060 262611 Academic Tools 451610 444347 648 6615 Student Activities 317488 315136 2352 Staff Development 197258 148561 16198 32499 Special Events Expense 162512 78158 48 84306 406612 47696 358916 60434378 50516663 5574829 4342886 760705 1968482 11642180 5259596 4582074 4177704 664726 917926 15000 238619 678121 14241 9200 1190597 846387 128253954 28268817 97983917 99985137 5330427 5290818 471976 376894 122894462 119510265 5119802 4945857 2574815 4354922 74290212 72984617 444385 531602 2000000 2010044 1507533 84439258 86324531 X 31685408 26483859 6769796 6701875 38455204 33185734 122894462 119510265 X -311079 -779726 -4100000 -78665 X 0 1 X 1 1 1 X 5805390 2422590 14435641 8407621 14403713 45474955 5805390 2422590 14435641 8407621 14403713 45474955 8353735 37121220 161337 211284 247034 152060 165891 937606 0 0 0 0 1821 1821 46414382 232808161 0.79980 0.71070 X Schedule A, Part II: The organization is a school as described under 170(b)(1)(A)(ii) and is not required to complete a public support schedule. Schedule A, Part II is completed to verify the School can qualify under public charity status section 170(b)(1)(A)(vi) and, therefore, qualifies to use the first listed special rule for Schedule B reporting. Sch A, Part II, Line 1: During the year ended June 30, 2022, the University applied for the ERC related to the COVID-19 pandemic. The University has subsequently determined the filing of the amended payroll tax returns (Form 941-X) was more than an administrative task; therefore, the ERC has been recorded in the current year, resulting in a prior period adjustment. A prior period adjustment related to this credit has been reported on Form 990, Part XI, Line 8 to remove revenue reported on the prior year return. Additionally, Schedule A, Part II, Line 1, column (d) has been updated to remove the revenue reported as contribution income in the prior period. See Schedule O for an additional description about the prior period adjustment. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 16040 16040 0 Part II-B, Line 1: Annual membership and advocacy fees paid to organizations that lobby against legislation that would be detrimental to California Christian universities. 0 1 X 5507811 778514 -718865 186256 5381204 4222136 430054 1005106 149485 5507811 3672873 669438 6176 126351 4222136 3449105 158952 192889 128073 3672873 3026478 315938 200791 84854 9248 3449105 1.00000 0 0 14582401 23053375 37635776 70774368 17292495 53481873 6879017 1039036 5839981 12425147 9915069 2510078 539646 22217 517429 99985137 44477130 -779726 -50258 -829984 45307114 44378 14771807 14816185 60123299 45646600 28407 28407 45618193 44378 14771807 14816185 60434378 Part IV, Line 2b: Custodial accounts payable are prepaid tuition amounts held for students. Part V, Line 4: The endowment was established to fund student scholarships. Part XI, Line 2d - Other Adjustments: Fundraising Event Expenses 28,407. Change in value of beneficial interest in trusts -77,665. Refunded contributions -1,000. Part XI, Line 4b - Other Adjustments: Student aid netted with revenue per financial statements 14,771,807. Part XII, Line 2d - Other Adjustments: Fundraising events 28,407. Part XII, Line 4b - Other Adjustments: Student aid netted with revenue per financial statements 14,771,807. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The Homepage on the University's website states that "William Jessup University admits students of any race, color, national and ethnic origin to all the rights, privileges, programs, and activities generally accorded or made available to students at the university. Jessup does not discriminate on the basis of sex, race, color, national and ethnic origin, age, disability, or status as a veteran in the administration of its educational policies, admissions policies, or scholarship and loan programs and athletic and other school-administered programs." The University also includes its nondiscriminatory policy on the admissions application and University Catalog. Schedule E, Part I, Line 6 Federal financial aid funds are received from the U.S. Department of Education under the authority of Title IV of the higher education act. The student financial assistance programs offered by the institution are the College Work Study program (FWS), Supplemental Educational Opportunity Grant program (SEOG), Pell Grant program (PELL), and the Federal Direct Student Loan program. The University also received Higher Education Emergency Relief Funds (HEERF). These programs are administered by the institution in accordance with guidelines established by the U.S. Department of Education. South Asia 0 0 Program services Mission trips 26821 Sub-Saharan Africa 0 0 Program services Mission trips 80154 Middle East and North Africa 0 0 Program services Mission trips 29448 Central America and the Carribean 0 0 Program services Mission trips 28160 0 0 0 0 0 0 164583 0 164583 0 0 0 0 0 0 Part III Accounting Method: X X X X X X X 1 Westfall Group Inc dba Westfall Gold PO Box 81712 Atlanta GA 30366 Gathering of major donors & prospects to present three givin 0 2155748 428344 1727404 2155748 428344 1727404 AL AK AR CA CO CT FL GA HI IL KS KY 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 DC President's Weekend 2155748 2155748 308 3497 172000 1191492 Warrior Golf Classic 88973 69465 19508 5375 8982 613 1436 3 19917 9197 10720 1551 6153 3411 886 2264638 2234410 30228 7234 15135 7521 172000 1193814 1395704 -1365476 Schedule G, Part I, Line 2b, Column (v) The fees paid to the fundraiser on Schedule G, Part I, column (v) and on Form 990, Part IX, Line 11e do not include $50,527 in direct expenses reimbursed to the professional fundraiser. 1 American Red Cross 431 18th Street NW Washington DC 20006 530196605 501(c)(3) 5471 0 Fundraising event to support the victims of the Dixie Fire in CA 1 0 Scholarships 1261 14771807 HEERF Assistance 1839 2042694 Part I, Line 2: The financial aid office at William Jessup University requires students to complete the Free Application for Federal Student Aid (FAFSA) form to determine eligibility for Federal, State, and institutional grants, scholarships, and loans. This is an equitable formula that measures all assets consistently. Enrollment and eligibility are monitored by the University. Financial aid awarded is applied directly to student accounts, and no cash changes hands. Occasional grants are awarded to 501(c)(3) organizations that support education or the local community and whose exempt purpose are consistent with the University's mission. X 1 1 X X 0 0 0 0 0 0 0 1 0 John Jackson President/Trustee 130467 0 148402 0 0 0 58000 0 112715 0 449584 0 0 0 Scott Fera General Counsel & Special Projects 142282 0 0 0 7350 0 0 0 23209 0 172841 0 0 0 Part I, Line 1a Because the University is a 501(c)(3) organization under IRS statute, and because the President and other staff members are ordained ministers, the board may designate a portion of their compensation as a housing allowance. Such designations are approved in advance and recorded in the Board minutes as required by IRS regulations. Pusuant to Internal Revenue Code Section 107, the ministerial housing allowance is not inlcuded in taxable compensation. The people whom received the housing allowance are below: J. Jackson Part I, Line 7 John Jackson, President received $30,812.50 in loan forgiveness and $30,589.37 as a board-approved bonus in 2021. These amounts were discretionary and approved by the board. He also received $87,000.04 from a Section 162 Executive Bonus Plan which was approved by the board. All amounts were included in his taxable wages. A California Municipal Finance Authority 201563466 13048VJF6 2019-05-08 78905343 Refunding issue of taxable bonds 6/24/2014 and 5/26/2015 0 0 0 A 4390000 79001512 4808169 1155770 4000000 69037573 2019 0 1 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 Date Rebate Computation Performed Issuer Name: California Municipal Finance Authority Date the Rebate Computation was Performed: 06/30/2019 Form 990, Schedule K, Part II, Line 3: Aggregate investment earnings in the amount of $96,169 were added to the issue price of $78,905,343 resulting in total proceeds of issue in the amount of $79,001,512. Derek Martin Family relationship with John Jackson, President 85424 Wages and other benefits 0 Jennifer Martin Family relationship with John Jackson, President 78652 Wages and other benefits 0 Dawn Pickering Family relationship with Rick Pickering, Trustee 11603 Wages 0 James Jessup Family relationship with William Jessup, Founder 76721 Wages and other benefits 0 Porfirio Garza Family relationship with Nick Garza, Board trustee 72703 Wages and other benefits 0 X 1700 FMV X 6875 FMV X 6 110419 Proceeds from sale X Computers 2 7649 FMV X Teqball table 1 2500 FMV X Phones 1 1047 FMV X Christmas luncheon for 12 1 1004 Cost 0 0 1 0 Part I, Column (b): The number of contributions represent the number of contributions received, not the number of items donated. Form 990, Part VI, Section A, line 1a The organization has an Executive Committee that has the broad authority to act on behalf of the full board. The Executive Committee consists of the Chairman, Vice Chairman, Secretary, Treasurer, President, and two Trustees. Form 990, Part VI, Section A, line 2 Clifford Daugherty, Chairman and Jennifer Silva Griffin, Trustee have a business relationship. Form 990, Part VI, Section B, line 11b Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's top management. The reviewed Form 990, with Schedule B redacted, is then forwarded to the board before it is filed. Form 990, Part VI, Section B, line 12c The Board expects of itself and its members ethical and businesslike conduct. Board members must represent unconflicted loyalty to the interests of the entire organization, superseding any conflicting loyalty such as that to advocacy or interest groups and membership on other boards or staffs. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of the committees with governing Board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing Board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining Board or committee members shall decide if a conflict of interest exists. To ensure the university operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews are conducted. Form 990, Part VI, Section B, line 15 The Executive Committee of the Board is tasked with the annual performance review and compensation recommendations for the University President. The Board of Trustees establishes the salary and benefits of the President and the President establishes the salaries of other Executive Officers. The President is excused from any deliberation regarding his salary. Officers' compensation is reviewed annually with the President in consultation with the AVP of HR based on the benchmarked salary survey data. Decisions are documents in the HR files. The Board approves the compensation of the President, which is documented by the Board Chair and a notice is sent to the Human Resources Department. The Board's decision is documented in the Board minutes. Form 990, Part VI, Section C, line 18 The Organization's Form 990 is available for public inspection upon request or through guidestar.org. Form 1023 was filed prior to July 15, 1987, therefore it is not required to be made available to the public. Form 990, Part VI, Section C, line 19 The Organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request. Form 990, Part VII Compensation reported in Part VII, column D and Schedule J, Part II, column B is the amount reported on the individual's W-2, box 1 or 5 (whichever amount is greater) per the IRS instructions. In the case of minister's compensation when box 5 of the W-2 is not applicable, box 1 compensation is used. Employee deferrals to qualified retirement plans are normally captured in box 5, not box 1 of Form W-2. For reporting purposes we have included the minister's retirement plan deferrals in Part VII, column F and Schedule J, Part II, column C. Form 990, Part XI, line 9: Change in value of beneficial interest in trusts -77,665. Refunded contributions -1,000. Part XI, Line 8 Part XI, Line 8 - Prior period adjustment related to the Employee Retention Credit Irrevocable Perpetual Trusts (1) Hold assets and remit income to University CA William Jessup University 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Irrevocable perpetual trust C