SAYBROOK UNIVERSITY: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- SAYBROOK UNIVERSITY (EIN 94-2155109)
- Tax period
- 2021-06-01 to 2022-05-31
- Filed
- 2023-04-12
- IRS object ID
- 202341029349301864
- Schema version
- 2021v4.2
- 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 L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-04-12T18:35:59-05:00 | ReturnTs |
| Tax Period End | 2022-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 S Wacker Drive Ste 3300 | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 942155109 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Saybrook University | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SAYB | BusinessNameControlTxt |
| Phone | 6263165300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 Eureka Street | AddressLine1Txt |
| City | Pasadena | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91103 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Jennifer Gantz | PersonNm |
| Person Title | Corporate Treasurer | PersonTitleTxt |
| Phone | 3123791699 | PhoneNum |
| Signature | 2023-04-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Jennifer | PersonFirstNm |
| Person Last | Gantz | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Rebekuh Eley | PreparerPersonNm |
| PTIN | P01247672 | PTIN |
| Phone | 3126343400 | PhoneNum |
| Preparation | 2023-04-10 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Michael Horowitz | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 203 N LaSalle Ste 1900 | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60601 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $21,848,049 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.Saybrook.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1971 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | Saybrook University relentlessly pursues a socially just, sustainable world by educating humanistic leaders to transform their fields and communities. | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 338 | TotalEmployeeCnt |
| Total Volunteers | 20 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $441,312 | PYContributionsGrantsAmt |
| CY Contributions Grants | $782,218 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $16,769,043 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $20,749,422 | CYProgramServiceRevenueAmt |
| PY Investment Income | $110,501 | PYInvestmentIncomeAmt |
| CY Investment Income | $113,249 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $17,320,856 | PYTotalRevenueAmt |
| CY Total Revenue | $21,644,889 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $938,256 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,629,792 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $8,394,551 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $10,319,406 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $385,144 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $5,526,728 | PYOtherExpensesAmt |
| CY Other Expenses | $7,770,733 | CYOtherExpensesAmt |
| PY Total Expenses | $14,859,535 | PYTotalExpensesAmt |
| CY Total Expenses | $19,719,931 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,461,321 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,924,958 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $15,003,953 | TotalAssetsBOYAmt |
| Total Assets EOY | $17,039,418 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $3,374,391 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,136,637 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $11,629,562 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $12,902,781 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Saybrook University relentlessly pursues a socially just, sustainable world by educating humanistic leaders to transform their fields and communities. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $12,370,381 | ExpenseAmt |
| Grant | $1,629,792 | GrantAmt |
| Revenue | $20,749,422 | RevenueAmt |
| Desc | The University comprises two schools: the College of Social Sciences, which offers degrees in Humanistic and Clinical Psychology, Counseling (M.A. and Ph.D.), Leadership and Management (M.A. and Ph.D. in Organizational Systems and M.A. in Management), and Transformative Social Change (M.A. and Ph.D.); and the College of Integrative Medicine and Health Sciences, which offers degrees in Mind-Body Medicine (M.A. and Ph.D.) and Integrative and Functional Nutrition (M.S. and Ph.D.). The University also offers certificates, continuing education, and professional studies in several of these areas. The learning model includes online-hybrid and residential formats. Saybrook served over 1,000 students during the fiscal year ended May 31, 2022. | Desc |
| Total Program Service Expenses | $12,370,381 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (1) | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 34 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 338 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 11 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Jennifer Gantz | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3123791699 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 203 N LaSalle Suite 1900 | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60601 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (33 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| Michael Horowitz | |||||||||
| Corporate President/Trustee | 2.00 | 38.00 | Yes (X) | Yes (X) | $0 | $1,335,486 | $104,483 | ||
| Nathan Long | |||||||||
| Trustee/College President | 40.00 | 0.00 | Yes (X) | Yes (X) | $357,764 | $0 | $43,948 | ||
| Vadim David Levitin | |||||||||
| Board Chair | 2.00 | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| Patricia Breen | |||||||||
| Vice Chair | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Edward Bergmark | |||||||||
| Chair of Council (until 2/22) | 2.00 | 12.00 | Yes (X) | $0 | $0 | $0 | |||
| George Mitchell | |||||||||
| Vice Chair of Council (until 2/22) | 2.00 | 16.00 | Yes (X) | $0 | $0 | $0 | |||
| Ava Baker | |||||||||
| Trustee (until 9/21) | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Richard Chaifetz | |||||||||
| Trustee (until 2/22) | 2.00 | 16.00 | Yes (X) | $0 | $0 | $0 | |||
| Gloria Chance | |||||||||
| Trustee | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Jana Johnston | |||||||||
| Trustee (until 2/22) | 2.00 | 12.00 | Yes (X) | $0 | $0 | $0 | |||
| Kevin Kotecki | |||||||||
| Trustee (until 2/22) | 2.00 | 12.00 | Yes (X) | $0 | $0 | $0 | |||
| Carolyn Mathis | |||||||||
| Trustee | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Colleen McEdwards | |||||||||
| Trustee | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Douglas Patinkin | |||||||||
| Trustee (until 2/22) | 2.00 | 12.00 | Yes (X) | $0 | $0 | $0 | |||
| Mary Pattiz | |||||||||
| Trustee (until 2/22) | 2.00 | 12.00 | Yes (X) | $0 | $0 | $0 | |||
| Patricia Potter | |||||||||
| Trustee (until 2/22) | 2.00 | 12.00 | Yes (X) | $0 | $0 | $0 | |||
| Troy Roland | |||||||||
| Trustee | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Angelina Salazar | |||||||||
| Trustee | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Daniel Sieberg | |||||||||
| Trustee | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Joann Smikle | |||||||||
| Trustee | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| James Thiering | |||||||||
| Trustee | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Diane Watson | |||||||||
| Trustee | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Deborah Solmor | |||||||||
| Corporate Secretary | 2.00 | 38.00 | Yes (X) | $0 | $329,562 | $26,509 | |||
| Mehul Patel | |||||||||
| Corporate Treasurer (until 4/22) | 2.00 | 38.00 | Yes (X) | $0 | $290,882 | $35,450 | |||
| Shari Mikos | |||||||||
| Asst. Corporate Secretary | 2.00 | 38.00 | Yes (X) | $0 | $240,647 | $21,624 | |||
| Greg Beno | |||||||||
| Corporate Treasurer (As of 4/22) | 2.00 | 38.00 | Yes (X) | $0 | $223,328 | $16,018 | |||
| Louvenia Hardaway | |||||||||
| Asst. Corp. Secretary (until 6/21) | 2.00 | 38.00 | Yes (X) | $0 | $25,937 | $5,483 | |||
| Devin Byrd | |||||||||
| VP of Academic Affairs | 40.00 | 0.00 | $205,606 | $0 | $30,593 | Yes (X) | |||
| Karyn Browning | |||||||||
| VP Admissions | 40.00 | 0.00 | $135,920 | $0 | $36,739 | Yes (X) | |||
| Donald Moss | |||||||||
| Dean of Online Programs | 40.00 | 0.00 | $132,081 | $0 | $11,432 | Yes (X) | |||
| Joline Pruitt | |||||||||
| AVP Business Operations | 40.00 | 0.00 | $101,913 | $0 | $33,719 | Yes (X) | |||
| Shaniece McGill | |||||||||
| AVP Student Affairs | 40.00 | 0.00 | $104,464 | $0 | $30,961 | Yes (X) | |||
| Carmen Bowen | |||||||||
| VP Institutional Advancement | 40.00 | 0.00 | $102,257 | $0 | $32,100 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,140,005 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $2,445,842 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $429,059 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 11 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| The Blackpointe Group | |||||
| 3483 Old Conejo Road Suite 206 | Newbury Park | CA | 91320 | Construction | $380,333 |
| Alston & Bird LLP | |||||
| 1201 W Peach Tree Street | Atlanta | GA | 30309 | Legal Services | $118,172 |
| Vodonick Law Firm | |||||
| 11464 Willow Valley Road | Nevada City | CA | 95959 | Legal Services | $100,750 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $687,587 | GovernmentGrantsAmt |
| All Other Contributions | $94,631 | AllOtherContributionsAmt |
| Noncash Contributions | $13,180 | NoncashContributionsAmt |
| Total Contributions | $782,218 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Student Tuition/Fees | 611310 | $20,732,121 | $20,732,121 |
| Other School Revenue | 611310 | $17,301 | $17,301 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $20,749,422 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $114,063 | TotalRevenueColumnAmt |
| Exclusion | $114,063 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $202,346 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $203,160 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$814 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$814 | TotalRevenueColumnAmt |
| Exclusion | -$814 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $21,644,889 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $20,749,422 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $113,249 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,629,792 | TotalAmt |
| Program Services | $1,629,792 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $565,812 | TotalAmt |
| Program Services | $219,104 | ProgramServicesAmt |
| Management And General | $346,708 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,038,760 | TotalAmt |
| Program Services | $7,433,429 | ProgramServicesAmt |
| Management And General | $357,423 | ManagementAndGeneralAmt |
| Fundraising | $247,908 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $383,830 | TotalAmt |
| Program Services | $360,876 | ProgramServicesAmt |
| Management And General | $14,459 | ManagementAndGeneralAmt |
| Fundraising | $8,495 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $676,333 | TotalAmt |
| Program Services | $575,337 | ProgramServicesAmt |
| Management And General | $81,450 | ManagementAndGeneralAmt |
| Fundraising | $19,546 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $654,671 | TotalAmt |
| Program Services | $612,831 | ProgramServicesAmt |
| Management And General | $24,020 | ManagementAndGeneralAmt |
| Fundraising | $17,820 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,679,405 | TotalAmt |
| Management And General | $1,679,405 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,328 | TotalAmt |
| Management And General | $5,328 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,478 | TotalAmt |
| Management And General | $3,478 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,920 | TotalAmt |
| Program Services | $985 | ProgramServicesAmt |
| Management And General | $22,421 | ManagementAndGeneralAmt |
| Fundraising | $10,514 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,833,602 | TotalAmt |
| Program Services | $1,348 | ProgramServicesAmt |
| Management And General | $3,832,254 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $100,573 | TotalAmt |
| Program Services | $24,222 | ProgramServicesAmt |
| Management And General | $66,148 | ManagementAndGeneralAmt |
| Fundraising | $10,203 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $65,367 | TotalAmt |
| Program Services | $55,701 | ProgramServicesAmt |
| Management And General | $4,949 | ManagementAndGeneralAmt |
| Fundraising | $4,717 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $204,442 | TotalAmt |
| Program Services | $88,238 | ProgramServicesAmt |
| Management And General | $91,191 | ManagementAndGeneralAmt |
| Fundraising | $25,013 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $103,094 | TotalAmt |
| Program Services | $68,548 | ProgramServicesAmt |
| Management And General | $23,768 | ManagementAndGeneralAmt |
| Fundraising | $10,778 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $87,540 | TotalAmt |
| Program Services | $72,295 | ProgramServicesAmt |
| Management And General | $13,552 | ManagementAndGeneralAmt |
| Fundraising | $1,693 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $56,490 | TotalAmt |
| Program Services | $53,279 | ProgramServicesAmt |
| Management And General | $1,755 | ManagementAndGeneralAmt |
| Fundraising | $1,456 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,795 | TotalAmt |
| Program Services | $128 | ProgramServicesAmt |
| Management And General | $36,630 | ManagementAndGeneralAmt |
| Fundraising | $37 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Student Services | $237,295 | $221,891 | $15,404 | |
| Bad Debt Expense | $198,418 | $198,418 | ||
| Dues and Memberships | $51,088 | $14,871 | $26,792 | $9,425 |
| Subscriptions and Publi | $24,509 | $14,188 | $2,663 | $7,658 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,049,389 | TotalAmt |
| Program Services | $923,318 | ProgramServicesAmt |
| Management And General | $116,190 | ManagementAndGeneralAmt |
| Fundraising | $9,881 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,719,931 | TotalAmt |
| Program Services | $12,370,381 | ProgramServicesAmt |
| Management And General | $6,964,406 | ManagementAndGeneralAmt |
| Fundraising | $385,144 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,121,979 | BOYAmt |
| EOY | $4,179,604 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,268,921 | BOYAmt |
| EOY | $3,333,043 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $368,306 | BOYAmt |
| EOY | $400,191 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $71,595 | BOYAmt |
| EOY | $13,918 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $103,818 | BOYAmt |
| EOY | $94,230 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $448,492 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $341,052 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,335 | BOYAmt |
| EOY | $107,440 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,242,741 | BOYAmt |
| EOY | $8,145,114 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $672,669 | BOYAmt |
| EOY | $642,690 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $109,589 | BOYAmt |
| EOY | $123,188 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,003,953 | BOYAmt |
| EOY | $17,039,418 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,127,881 | BOYAmt |
| EOY | $1,560,136 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,097,929 | BOYAmt |
| EOY | $2,228,883 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $148,581 | BOYAmt |
| EOY | $347,618 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,374,391 | BOYAmt |
| EOY | $4,136,637 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,469,866 | BOYAmt |
| EOY | $11,894,190 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,159,696 | BOYAmt |
| EOY | $1,008,591 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,629,562 | BOYAmt |
| EOY | $12,902,781 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,003,953 | BOYAmt |
| EOY | $17,039,418 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,924,958 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$651,739 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| 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) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $399,209 | OtherCostOrOtherBasisAmt |
| Depreciation | $300,696 | DepreciationAmt |
| Book Value | $98,513 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $49,283 | OtherCostOrOtherBasisAmt |
| Depreciation | $40,356 | DepreciationAmt |
| Book Value | $8,927 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $107,440 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| Deferred Rent | $17,773 |
| Retirement Plan Liabilities | $111,188 |
| Due to Affiliates | $218,657 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $347,618 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $19,859,083 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$651,739 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$1,130,589 | OtherRevenueAmt |
| Revenue Not Reported | -$1,782,328 | RevenueNotReportedAmt |
| Revenue Subtotal | $21,641,411 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $3,478 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $3,478 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $21,644,889 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $18,585,864 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $18,585,864 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $3,478 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $1,130,589 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $1,134,067 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $19,719,931 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part X, Line 2: | The University has received notification that it qualifies as a tax-exempt organization under Section 501(c)(3) of the U.S. Internal Revenue Code and corresponding provisions of the State of California law. The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the University may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the University and various positions related to the potential sources of unrelated business taxable income. There were no unrecognized tax benefits identified or recorded as liabilities for the years ended May 31, 2022 and 2021. The University annually files Form 990 in the U.S. federal jurisdiction and in the State of California. |
| Part XI, Line 2d - Other Adjustments: | Scholarships -1,130,589. |
| Part XII, Line 4b - Other Adjustments: | Scholarships 1,130,589. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 3 | Saybrook University's nondiscrimination policies are published in the academic catalog, student handbook, and admissions policies, which are available to the public via the Institution's website. |
| Schedule E, Part I, Line 6 | Saybrook University receives funds from the US Department of Education for several student financial assistance programs, including the Federal Direct Stafford Loan Program, Federal Direct Grad Plus Loan Program, Federal Direct Plus Loan Program, and Federal Work-Study Program. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| Scholarships | 598 | $1,130,589 |
| HEERF - Student Funding | 913 | $499,203 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | Saybrook University provides scholarships to new and continuing students. These scholarships are dependent upon factors such as recommendations, academic standing, and other criteria related to admission/participation in the program. Saybrook University maintains records of the scholarship award amounts, evidence of good academic standing and criteria for scholarship selection. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Michael Horowitz | ||||||||||||||
| Corporate President/Trustee | $0 | $748,829 | $0 | $539,732 | $0 | $46,925 | $0 | $77,500 | $0 | $26,983 | $0 | $1,439,969 | $0 | $0 |
| Nathan Long | ||||||||||||||
| Trustee/College President | $274,449 | $0 | $68,315 | $0 | $15,000 | $0 | $20,300 | $0 | $23,648 | $0 | $401,712 | $0 | $0 | $0 |
| Deborah Solmor | ||||||||||||||
| Corporate Secretary | $0 | $265,187 | $0 | $64,375 | $0 | $0 | $0 | $23,210 | $0 | $3,299 | $0 | $356,071 | $0 | $0 |
| Mehul Patel | ||||||||||||||
| Corporate Treasurer (until 4/22) | $0 | $233,382 | $0 | $57,500 | $0 | $0 | $0 | $20,901 | $0 | $14,549 | $0 | $326,332 | $0 | $0 |
| Shari Mikos | ||||||||||||||
| Asst. Corporate Secretary | $0 | $192,972 | $0 | $47,675 | $0 | $0 | $0 | $17,047 | $0 | $4,577 | $0 | $262,271 | $0 | $0 |
| Greg Beno | ||||||||||||||
| Corporate Treasurer (As of 4/22) | $0 | $194,946 | $0 | $28,382 | $0 | $0 | $0 | $15,599 | $0 | $419 | $0 | $239,346 | $0 | $0 |
| Devin Byrd | ||||||||||||||
| VP of Academic Affairs | $143,133 | $0 | $39,140 | $0 | $23,333 | $0 | $13,188 | $0 | $17,405 | $0 | $236,199 | $0 | $0 | $0 |
| Karyn Browning | ||||||||||||||
| VP Admissions | $116,607 | $0 | $19,313 | $0 | $0 | $0 | $10,355 | $0 | $26,384 | $0 | $172,659 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 3 | Saybrook University, with support from a related organization, TCS Education System, used one or more of the methods described below to establish the top management official's compensation: - Compensation Committee - Independent Compensation Consultant - Compensation Survey or Study - Form 990 of other organizations - Approval by the Board of Compensation Committee |
| Part I, Line 7 | The target opportunity for the discretionary award is established through market compensation and internal policy so as to relate pay, performance and rewards. Upon reviewing annual performance, the Executive Committee of the Board of Trustees determines results and the granting of discretionary awards, if any. |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Nathan Long | PersonNm |
| Relationship With Org | Trustee/President | RelationshipWithOrgTxt |
| Loan Purpose | Relocation | LoanPurposeTxt |
| Loan From Organization | Yes (X) | LoanFromOrganizationInd |
| Original Principal | $45,000 | OriginalPrincipalAmt |
| Balance Due | $13,918 | BalanceDueAmt |
| Default | 0 | DefaultInd |
| Board Or Committee Approval | Yes (1) | BoardOrCommitteeApprovalInd |
| Written Agreement | Yes (1) | WrittenAgreementInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $13,918 | TotalBalanceDueAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 2 | Patricia Potter and Vadim Levitin have a family relationship. |
| Form 990, Part VI, Section A, line 4 | In fiscal year 2022, the Bylaws were amended to revise Article 9, Sections 9.1-9.3 to remove references to Fiduciary Council. The Fiduciary Council was sunsetted February 25, 2022. |
| Form 990, Part VI, Section A, line 6 | The initial and sole member is TCS Education System (the Member). |
| Form 990, Part VI, Section A, line 7a | The Member has the authority to consent to the election of persons to membership on the Board of Trustees, this shall apply to any removal of a member of the Board. |
| Form 990, Part VI, Section A, line 7b | The powers and authority of the Member shall be limited to the following: i. The authority of the Member to consent to a change in the Mission or Purpose of the Corporation; ii. The authority of the Member to consent to a change in the legal entity or tax structure of the Corporation; iii. The authority of the Member to amend the Articles of Incorporation or Bylaws. In addition to the power and authority reserved to the Member in the Articles of Incorporation, the Member shall have the full and exclusive authority to take any action reserved, or granted to it in these Bylaws or applicable law. |
| Form 990, Part VI, Section B, line 11b | The Form 990 is prepared by an independent accounting firm (RSM US LLP) along with the advice of the management and attorneys of the organization. The Form 990 is posted to a secure web portal, allowing members to review and offer commentary prior to the filing of the Form 990. |
| Form 990, Part VI, Section B, line 12c | An Interested Person must annually disclose the existence of the facts and circumstances of any conflict of interest to either 1) the Board members and members of Board committees or 2) Human Resources with respect to any action or proposed action that gives rise to the conflict of interest. Pending review and resolution by the Board or the Governance Committee or Human Resources, the Interested Person shall be excluded from any deliberations or action concerning conflicts of the matter that gives rise to the conflict of interest. Each Board member, corporate officer, Board committee members and key employee shall annually sign a statement that affirms that such person a) has received a copy of the conflict of interest policy, b) has read and understands the policy, c) has agreed to comply with the policy, d) understands that the Corporation is a charitable organization and that 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 | Each Board's Executive Committee reviews and approves the compensation of certain executives of the Corporation to determine that it is just and reasonable. The Executive Committee, in coordination with TCS Education System, shall conduct or cause to be conducted an analysis of the compensation to be paid to the executive as compared to other executives in similar positions with similar organizations. The Executive Committee engages an outside independent compensation consultant to benchmark salaries and benefits. Executive salaries are reviewed and approved by each Board's Executive Committee with the assistance of a benefits consulting firm (Korn Ferry) that provides recommendations based on comparative data with other organizations. |
| Form 990, Part VI, Section C, line 19 | Financial information as well as governance documents, which include the conflict of interest policy are not made available to the public. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (8 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| TCS Education System | |||||||||||
| 203 N LaSalle Street Suite 1900 | Chicago | IL | 60601 | 270717860 | Supporting Organization | IL | 501(c)(3) | Line 12b, II | N/A | 0 | |
| The Chicago School of Professional Psychology | |||||||||||
| 325 North Wells | Chicago | IL | 60654 | 363005527 | Education | IL | 501(c)(3) | Line 2 | Yes (1) | The Chicago School - California Inc | |
| The Chicago School - Washington DC Inc | |||||||||||
| 901 15th Street NW | Washington | DC | 20005 | 800477644 | Education | DC | 501(c)(3) | Line 2 | Yes (1) | The Chicago School - California Inc | |
| The Chicago School - California Inc | |||||||||||
| 707 Wilshire Boulevard | Los Angeles | CA | 90017 | 900394713 | Education | CA | 501(c)(3) | Line 2 | Yes (1) | TCS Education System | |
| Pacific Oaks Education Corporation | |||||||||||
| 45 Eureka Street | Pasadena | CA | 91103 | 951716809 | Education | CA | 501(c)(3) | Line 2 | Yes (1) | TCS Education System | |
| The Colleges of Law | |||||||||||
| 4475 Market Street | Ventura | CA | 93003 | 952592468 | Education | CA | 501(c)(3) | Line 2 | Yes (1) | TCS Education System | |
| TCS Education - Texas Inc | |||||||||||
| 2101 N Waterview Parkway | Richardson | TX | 75080 | 364769956 | Education | TX | 501(c)(3) | Line 2 | Yes (1) | The Chicago School - California Inc | |
| Kansas Health Science Center Inc | |||||||||||
| 217 E Douglas Avenue | Wichita | KS | 67202 | 825178988 | Education | KS | 501(c)(3) | Line 2 | Yes (1) | TCS Education System | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (1) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Pacific Oaks Education Corporation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | K | TransactionTypeTxt |
| Involved | $199,800 | InvolvedAmt |
| Method Of Amount Determination | FMV | MethodOfAmountDeterminationTxt |