2021-01-15T14:29:45-06:00 2020-06-30 363990892 Capin Crouse LLP 3050 Saturn Street Suite 104 Brea CA 92821 990 2019-07-01 941279803 William Jessup University WILL 9165772200 2121 University Avenue Rocklin CA 95765 Diane Ahn CFO 9165772200 2021-01-15 1 Ted R Batson Jr P00721951 7145770988 2019 2022-09-23 18:48:47Z John Jackson 2121 University Avenue Rocklin CA 95765 64860785 0 X www.jessup.edu X 1945 CA Christ-centered university offering degrees via traditional, continuing and online platforms. 11 9 917 80 0 0 2422590 14233393 48738280 49372814 239905 230379 -48489 -77835 51352286 63758751 15185169 16943099 0 0 19007638 20684546 0 20375 1980444 18371709 16737097 52564516 54385117 -1212230 9373634 111642360 119325308 88971316 87339448 22671044 31985860 X In partnership with the Church, the purpose of William Jessup University (WJU) is to educate transformational leaders for the glory of God. 0 0 39634889 16639674 41252175 UNDERGRADUATE AND ONLINE EDUCATION: WJU enrolls more than 1,800 students in its undergraduate and graduate 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 more than 30 degree programs, WJU has a variety of concentrations and specializations from which students may choose. 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. The growth of online options and programs now includes students across all degree platforms with 10 fully-online degree programs. UNDERGRADUATE AND ONLINE EDUCATION (CONTINUED)Majors include Business, Psychology, Criminal Justice, Leadership, English, History, Music, Theater, Visual and Fine Arts, Digital Communication & Design, Liberal Studies & Credentialing, Public Policy, Biblical Studies, Theology, Biology, Kinesiology, Math, Aviation, Computer Science, and Youth Ministry. Jessup also offers three associate degrees and a certificate program in Addiction Studies.WJU 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, advisors, and tutors. 3014222 179141 6066163 GRADUATE EDUCATION:WJU 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 include a Master of Accountancy, MA in Teaching, MBA, an International MBA, MS in Computer Science, MA in Education, MA in Counseling Psychology, an online program for the MBA, MA in Leadership with a concentration in Christian Ministry, and 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.GRADUATE EDUCATION (CONTINUED)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.New graduate degrees under exploration include healthcare, social work, and theology. 2036579 124284 2054476 ADULT DEGREE COMPLETION:WJU's Adult Degree Completion (ADC) 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 in the evening and weekends at all of WJU's campuses (Rocklin and San Jose as well as teaching site in Elk Grove). The ADC pedagogy is built to serve high-context adult learners who bring with them into the classroom a wide range of work and life skills, gifts, and abilities. ADULT DEGREE COMPLETION (CONTINUED)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 WJU's adult degree completion programs in Business Administration, Psychology, and Leadership. 44685690 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 1 0 0 1 0 1 0 0 0 0 1 1 1 0 0 1 2129 0 1 917 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 11 9 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 40.00 X X 165914 0 149006 David Punt Chief Financial Officer (Part Year) 40.00 X 60618 0 134363 Tom Sasser Chief Development Officer (Part Year) 40.00 X 169973 0 20264 Dennis Jameson Chief Academic Officer/Provost (Part Year) 40.00 X 101544 0 86063 Judy Rentz Chief Operations Officer 40.00 X 179775 0 3596 Ahmad Shaar Director of Corporate Learning-iMBA Advisor, Asst 40.00 X 158329 0 6812 Stephen Strombeck Dean/School of Business 40.00 X 127692 0 21872 Diane Ahn Interim Chief Financial Officer 40.00 X 89256 0 9728 Clifford Daugherty Chairman 1.00 X X 0 0 0 Bonnie Gore 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 Bob Robert Reeve 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 Rick K Pickering Trustee 1.00 X 0 0 0 Valerie Hanson Trustee (Part Year) 1.00 X 0 0 0 1053101 0 431704 10 0 1 0 Bon Appetit 100 W Temple St Los Angeles CA 900740196 Food Services 1763083 Global Education Group LLC 1611 East 2nd St 51 Casper WY 82601 Tuition Sharing 1212999 Clean It Janitorial Services LLC 10408 Fair Oaks Blvd Fair Oaks CA 95628 Janitorial Services 395085 RuffaloCody Holdings LLC PO Box 718 Des Moines IA 50303 Advertising 269749 Lawson Mechanical Contractors 6090 S Watt Avenue Sacramento CA 95829 HVAC Service 200590 8 297378 1688984 12247031 9468664 14233393 Traditional Education 611710 41252175 41252175 Graduate Program 611710 6066163 6066163 Adult Degree Program 611710 2054476 2054476 49372814 247034 247034 895049 71458 898452 84710 -3403 -13252 -16655 -16655 41037 297378 118872 -77835 -77835 63758751 49372814 0 152544 87973 87973 16855126 16855126 860111 105278 544278 210555 241997 197180 44817 16486419 14950941 512411 1023067 98609 98609 1884597 1264627 578629 41341 1112813 1004885 54204 53724 8408 8408 73818 73818 16040 16040 20375 20375 23673 23673 2206645 1839222 222320 145103 878595 711787 890 165918 1813945 1273094 380777 160074 491255 40428 447574 3253 2291677 1954779 318771 18127 628495 605462 8837 14196 64118 44631 12699 6788 3555164 11637 3543453 74 2830157 2551128 262460 16569 268692 86801 181891 Academic Tools 498506 483870 1236 13400 Bad Debt 444077 444077 Student Activities 357461 357130 331 Staff Development 127030 85829 28187 13014 159341 75273 54350 29718 54385117 44685690 7718983 1980444 9346553 3011 5119954 13859806 1357921 1030733 648626 743860 90000 80000 14758 14804 446055 731905 121143794 22590977 90775196 98552817 3546882 4026400 296415 281972 111642360 119325308 2428395 4378765 1641882 1670930 77721380 75540806 310785 528277 6868874 5220670 88971316 87339448 X 16831628 25839021 5839416 6146839 22671044 31985860 111642360 119325308 9373634 -58818 0 X 0 1 X 1 1 1 X 3591789 3934719 5805390 2422590 14435641 30190129 3591789 3934719 5805390 2422590 14435641 30190129 11272388 18917741 24454 132853 161337 211284 247034 776962 97948 78707 83526 74185 41037 375403 31342494 209327036 0.60360 0.63540 X Schedule A, Part II, Line 10, Explanation of Other Income: Gross Fundraising Event Fees - 2015 Amount: $ 97,948. 2016 Amount: $ 78,707. 2017 Amount: $ 83,526. 2018 Amount: $ 74,185. 2019 Amount: $ 41,037. 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. 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 3672873 669438 6176 126351 4222136 3449105 158952 192889 128073 3672873 3026478 315938 200791 84854 9248 3449105 2688813 137647 269568 69550 3026478 1642730 972559 63823 75930 -85631 2688813 0.06580 0.93420 0 0 14485160 22742413 37227573 72827547 13664310 59163237 10588052 8766852 1821200 500622 159815 340807 98552817 47709275 -58818 4060 118872 64114 47645161 16113590 16113590 63758751 38394459 4060 118872 122932 38271527 16113590 16113590 54385117 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. Form 990, Schedule D, Part V, Lines 2a - 2c: In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its audited financial statements for the period ended 06/30/2020. To date, Form 990 and its associated schedules have not been updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the audited financial statements as follows on Form 990, Schedule D, Part V, Lines 2a-2c: Line 2a - Without donor restrictions Line 2b - With donor restrictions Part XI, Line 2d - Other Adjustments: Fundraising Event Expenses 118,872. Part XI, Line 4b - Other Adjustments: Student aid netted with revenue per financial statements 16,113,590. Part XII, Line 2d - Other Adjustments: Fundraising events 118,872. Part XII, Line 4b - Other Adjustments: Student aid netted with revenue per financial statements 16,113,590. 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 University Catalogue and Application state 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. It does not discriminate on the basis of race, color, national and ethnic origin, age, gender, or physical handicap in the administration of its educational policies, employment practices, admissions requirements, or scholarship and loan programs." The University publishes its nondiscriminatory policy on the homepage of its website and includes it on the admissions application. 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. In May 2020, the University received Higher Education Emergency Relief Funds (HEERF) as well. These programs are administered by the institution in accordance with guidelines established by the U.S. Department of Education. Europe 0 0 Program Services Study Abroad Program 68033 Sub-Saharan Africa 0 0 Program Services Study Abroad Program 14850 0 0 0 0 0 0 82883 0 82883 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 Major donor event 0 0 20375 -20375 20375 -20375 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 University Fund Dinner 274792 254162 20630 10857 35633 1500 46109 Warrior Golf Classic 44642 38286 6356 7090 11962 42 723 2 18981 4930 14051 479 4338 139 338415 297378 41037 7090 23298 40013 1500 46971 118872 -77835 Schedule G, Part I, Line 2b, Column (v) The contract for the professional fundraising services was entered into at the end of the fiscal year. As of the fiscal year-end, there were no gross receipts to report. 1 National Hispanic Christian Leadership Conference PO Box 293389 Sacramento CA 95829 760745631 501(c)(3) 25000 Mission support 1 0 Scholarships 1482 16855126 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 and whose exempt purpose are consistent with the University's mission. X 1 1 X X 1 0 0 0 0 0 0 1 0 John Jackson President 147320 0 0 0 18594 0 28892 0 120606 0 315412 0 0 0 David Punt Chief Financial Officer (Part Year) 60618 0 0 0 0 0 22586 0 112269 0 195473 0 0 0 Tom Sasser Chief Development Officer (Part Year 169973 0 0 0 0 0 0 0 20756 0 190729 0 0 0 Dennis Jameson Chief Academic Officer/Provost (Part 101544 0 0 0 0 0 17990 0 68565 0 188099 0 0 0 Judy Rentz Chief Operations Officer 179775 0 0 0 0 0 3596 0 490 0 183861 0 0 0 Ahmad Shaar Director of Corporate Learning-iMBA 119721 0 0 0 38608 0 0 0 7107 0 165436 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 D. Punt D. Jameson Part I, Line 4a David Punt, CFO and Tom Sasser, CDO received $29,580 and $40,130 (respectively) in separation payments during the year. Part I, Line 7 John Jackson, President received $18,954 in loan forgiveness. This was a discretionary amount approved by the board and included in his taxable income. 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 2065000 78999906 4712000 1155770 4000000 69037573 2019 0 1 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 Form 990, Schedule K, Part II, Line 3: Investment earnings in the amount of $94,563 were added to the issue price of $78,905,343 for FYE 6/30/20, resulting in total proceeds of issue in the amount of $78,999,906. John Jackson President and Board Member Home Loan X 100000 80000 0 1 1 80000 Derek Martin Family relationship with John Jackson, President 75494 Wages and other benefits 0 Jennifer Martin Family relationship with John Jackson, President 72889 Wages 0 Dawn Pickering Family relationship with Rick Pickering, Trustee 13900 Wages 0 James Jessup Family relationship with William Jessup, Founder 44817 Wages and other benefits 0 Bryce Jessup Family relationship with William Jessup, Founder 28896 Independent Contractor (Consulting) 0 0 X 41550 Cost X 3 19742 Proceeds from sale X 1 9400000 Appraisal X Vacation packages 1 3900 Face Value X Cub Cadet mower 1 2400 Cost X Promotional pens 1 1072 Cost 2 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 1 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 2 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 and Officers 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, annual reviews are conducted. Form 990, Part VI, Section B, line 15 The executive committee is tasked with the annual performance review and compensation recommendations for the University President. The Board of Trustees shall fix the salary of the President and may fix the salaries of other employees of the Corporation including the other officers. If the Board does not fix the salaries of the other officers, the President shall fix such salaries. The reasonableness of compensation is determined annually using a compensation study for all positions within the University. The board-approved compensation is documented by the Board Chair and notice sent to the Human Resources Department. 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. Irrevocable Perpetual Trusts (3) 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