2016-01-20T13:15:23-06:00 2015-06-30 952302617 SINGERLEWAK LLP 10960 WILSHIRE BLVD STE 700 LOS ANGELES CA 900243783 990 2014-07-01 952113260 MARYMOUNT CALIFORNIA UNIVERSITY MARY 3103775501 30800 PALOS VERDES DRIVE EAST RANCHO PALOS VERDES CA 902756273 JIM REEVES VP FINANCE & ADMINISTRATION 3103775501 2016-01-19 1 NAZANIN BENYAMINI P00666808 3104773924 2015-12-17 2014 2016-04-25 22:37:26Z DR MICHAEL BROPHY 30800 PALOS VERDES DRIVE EAST RANCHO PALOS VERDES CA 902756273 47063430 0 0928 X WWW.MARYMOUNTCALIFORNIA.EDU X 1968 CA MARYMOUNT WELCOMES STUDENTS OF ALL FAITHS AND BACKGROUNDS INTO A QUALITY, VALUES-BASED EDUCATION. 23 21 658 23 0 0 865844 1576908 37832735 41289476 460418 626971 -3804581 -453214 35354416 43040141 11239055 11427366 0 0 14909649 13314688 0 52500 433575 14954744 16366236 41103448 41160790 -5749032 1879351 47946853 47453411 18076412 16460101 29870441 30993310 X MARYMOUNT COLLEGE WELCOMES STUDENTS OF ALL FAITHS AND BACKGROUNDS INTO A QUALITY, VALUES-BASED EDUCATION. WE FOSTER A STUDENT-CENTERED APPROACH TO LEARNING THAT PROMOTES THE DEVELOPMENT OF THE WHOLE PERSON. 0 0 18274950 11427366 STUDENT SERVICES - THE OFFICE OF FINANCIAL AID AWARDED TO APPROXIMATELY 791 STUDENTS SCHOLARSHIP AND FINANCIAL ASSISTANCE IN FISCAL YEAR 2014-2015. 7628749 35238585 INSTRUCTION - THE COLLEGE SERVED APPROXIMATELY 943 FULL TIME EQUIVALENT COLLEGE STUDENTS IN FISCAL YEAR 2014-2015. 5392186 5987611 AUXILIARY ENTERPRISES (EG STUDENTS HOUSING, FOOD SERVICE AND TRANSPORTATION) 2093342 63280 ACADEMIC SUPPORT RELATING TO ACTIVITIES DESCRIBED ON LINE 4A, INCLUDING SERVING AS THE FISCAL AGENT TO PROJECT GRAD LOS ANGELES, A NONPROFIT INSTITUTION WHOSE PRIMARY OBJECTIVE IS TO HELP UNDERPRIVILEGED SCHOOL CHILDREN ACHIEVE HIGH SCHOOL GRADUATION AND SUCCESSFUL UNIVERSITY ENROLLMENT. 2093342 63280 33389227 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 1 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 71 0 1 658 1 0 0 0 0 0 1 1 0 0 0 0 X 23 21 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 1 1 1 0 0 CA X X KATHLEEN RUIZ 3103775501 30800 PALOS VERDES DRIVE EAST RANCHO PALOS VERDES CA 90275 BURT ARNOLD CHAIRMAN 1.00 X 0 0 0 RANDY BOWERS TRUSTEE 1.00 X 0 0 0 KELLY COX TRUSTEE 1.00 X 0 0 0 MICHAEL DIVIRGILIO TRUSTEE 1.00 X 0 0 0 RICHARD EDLER TRUSTEE 1.00 X 0 0 0 ERIC EISENBERG TRUSTEE 1.00 X 0 0 0 MILDRED ESCOBEDO TRUSTEE 1.00 X 0 0 0 RICHARD FARMAN TRUSTEE (UNTIL 4/30/15) 1.00 X 0 0 0 BONIFACIO GARCIA TRUSTEE 1.00 X 0 0 0 RICHARD GROTZ TRUSTEE 1.00 X 0 0 0 BRET JOHNSEN TRUSTEE 1.00 X 0 0 0 ALAN C JOHNSON TRUSTEE 1.00 X 0 0 0 DR SABRINA KAY TRUSTEE (UNTIL 5/21/15) 1.00 X 0 0 0 MIKE LANSING TRUSTEE 1.00 X 0 0 0 CONNIE LAI TRUSTEE 1.00 X 0 0 0 LEE LIGONS TRUSTEE 1.00 X 0 0 0 BRIAN MARCOTTE TRUSTEE 1.00 X 0 0 0 ASHLEY CONSTABLE-NEARY TRUSTEE 1.00 X 0 0 0 LIA REYES TRUSTEE (UNTIL 5/22/15) 1.00 X 0 0 0 THOMAS RICCI TRUSTEE 1.00 X 0 0 0 CAROLINE SAYERS TRUSTEE 1.00 X 0 0 0 DR ALICE SESNO TRUSTEE (UNTIL 6/9/15) 1.00 X 0 0 0 DR SUE SOLDOFF TRUSTEE 1.00 X 0 0 0 JUAN YNIGUEZ TRUSTEE 1.00 X 0 0 0 SR ANTOINE-MARIE BAURIER SECRETARY 40.00 X X 0 0 0 DR MICHAEL S BROPHY PRESIDENT & TRUSTEE (UNTIL 6/30/15) 40.00 X X 307139 0 37669 JAMES REEVES VP FINANCE-ADMIN & TRUSTEE 40.00 X X 194101 0 30578 ARIANE SCHAUER PROVOST/DEAN OF FACULTY & TRUSTEE 40.00 X X 167192 0 28828 JOHN ALEXANDER FACULTY 40.00 X 115905 0 24175 LAURENCE J DUNLOP DEAN OF ARTS & SCIENCE 40.00 X 129461 0 21200 KATHLEEN RUIZ CONTROLLER 40.00 X 112303 0 14574 SHARON VALENTE ASSOC. PROVOST OF EDU. EFF 40.00 X 104669 0 24508 BARRY WARD VP OF ENROLLMENT (UNTIL 5/2) 40.00 X 106198 0 0 1236968 0 181532 8 0 1 0 BON APPETIT 2706 MEDIA CENTER DRIVE LOS ANGELES CA 90065 FOOD SERVICE 1248758 ARAMARK CORPORATION 24818 NETWORK PLACE CHICAGO IL 60673 MAINTENANCE SERVICES 920048 TWG SOLUTIONS 4330 GAINES RANCH LOOP SUITE 220 AUSTIN TX 78735 MARKETING SERVICES 224364 3 338971 1237937 12668 1576908 TUITION & FEES 999999 35238585 35238585 AUXILIARY ENTERPRISES 999999 5987611 5987611 ADMINISTRATIVE FEES FOR PROGRAMS 999999 63280 63280 41289476 543536 543536 3987463 3904028 83435 83435 83435 4225 338971 119261 -115036 -115036 OTHER INCOME 900099 32589 32589 IMPAIRMENT OF CIP 900099 -370767 -370767 -338178 43040141 41289476 0 173757 11427366 11427366 775968 775968 10887530 8408227 2299624 179679 425914 309544 104964 11406 369399 31168 337235 996 855877 599901 243440 12536 17931 17931 88970 88970 17500 14928 2248 324 52500 52500 591324 498071 82641 10612 193133 131490 54941 6702 190956 152447 38509 1036486 635721 398847 1918 1123953 953152 168526 2275 366130 309956 50641 5533 571476 442780 128696 2797477 2555926 241551 1663336 996129 647105 20102 COMMISSION EXPENSE - KI 1761682 1761682 CATERING 1317051 1123482 169173 24396 FACILITY & GROUND MAINT 905731 772614 116340 16777 REPAIRS & MAINTENANCE 662561 394442 255815 12304 3060539 1870201 1153332 37006 41160790 33389227 7337988 433575 1247330 2029118 3241 255254 1222300 332995 215343 514246 609982 49203960 15608416 35710157 33595544 9883630 9781124 47946853 47453411 719371 918192 1337297 1162771 2238502 1958312 10647098 9865617 3134144 2555209 18076412 16460101 X 17826752 18937167 9725958 9705854 2317731 2350289 29870441 30993310 47946853 47453411 X 1879351 -787978 32500 -1004 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17500 17500 41143290 41160790 1000000 250000 0 0 1000000 1000000 1500000 17500 17500 250000 250000 375000 9854137 62558 -161796 9754899 8204979 417224 1278436 46502 9854137 7750934 5520 454814 6289 8204979 8589458 19000 -135743 27355 694426 7750934 7723463 22400 865995 4460 17940 8589458 0.67640 0.24090 0.08270 0 0 9767168 9767168 32146318 11049237 21097081 5350292 3596338 1753954 1940182 962841 977341 33595544 ACCRUED EMPLOYEES SALARIES & BENEFITS 995818 CAPITAL LEASE OBLIGATIONS 1543402 ANNUITY PAYABLE 15989 2555209 X 30975554 -787978 32500 118257 -637221 31612775 11427366 11427366 43040141 29852685 119261 119261 29733424 11427366 11427366 41160790 PART V, LINE 4: THE INTENDED USES OF MARYMOUNT CALIFORNIA UNIVERSITY'S ENDOWMENT FUNDS INCLUDE A VARIETY OF PURPOSES INCLUDING FUNDING OF SCHOLARSHIPS, ACADEMIC SUPPORT, CAPITAL AND OTHER SPECIAL PROJECTS. PART X, LINE 2: THE UNIVERSITY ADOPTED FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC NO. 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ("ASC 740"). IN ACCORDANCE WITH ASC 740, THE UNIVERSITY RECOGNIZES THE IMPACT OF TAX POSITIONS IN THE FINANCIAL STATEMENTS IF THAT POSITION IS MORE LIKELY THAN NOT OF BEING SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. TO DATE, THE UNIVERSITY HAS NOT RECORDED ANY UNCERTAIN TAX POSITIONS. THE UNIVERSITY RECOGNIZES THE POTENTIAL ACCRUED INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS IN INCOME TAX EXPENSE. DURING THE YEAR ENDED JUNE 30, 2015, THE UNIVERSITY DID NOT RECOGNIZE ANY AMOUNT IN POTENTIAL INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS. AT JUNE 30, 2015, THE OPEN TAX YEARS FOR THE UNIVERSITY WERE 2011 TO 2015. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -1,004. SPECIAL EVENT 119,261. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID ASSISTANCE RECOGNIZED AS GRANTS TO INDIVIDUALS 11,427,366. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT 119,261. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID ASSISTANCE RECOGNIZED AS GRANTS TO INDIVIDUALS 11,427,366. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 A NOTICE OF THE UNIVERSITY'S NONDISCRIMINATORY POLICY ARE PUBLISHED AND ADVERTISED TO THE PUBLIC VIA BOTH THE UNIVERSITY'S WEBSITE AND BROCHURES IN ACCORDANCE WITH REVENUE PROCEDURE 75-50. SCHEDULE E, PART I, LINE 6 THE COLLEGE ADMINISTERS FEDERAL GOVERNMENT FINANCIAL AID TO ITS STUDENTS. THE COLLEGE IS ALSO THE FISCAL AGENT OF PROJECT GRAD LOS ANGELES THE RECIPIENT OF GEARUP FUNDS FROM THE U.S. DEPARTMENT OF EDUCATION. EUROPE 0 0 PROGRAM SERVICES EDUCATIONAL 130185 0 0 0 0 0 0 130185 0 130185 0 0 0 0 0 0 X 0 KELLER MCINTYRE & ASSOCIATES 1156 FIFTEENTH STREET NW SUITE 52 WASHINGTON DC 20005 GOVERNMENT GRANT APPLICATIONS 0 0 52500 0 52500 CA GALA 343196 338971 4225 119261 343196 338971 4225 119261 119261 -115036 0 STUDENT FINANCIAL AID 791 11427366 CASH X X 1 1 X X 1 0 0 0 0 0 0 0 0 DR MICHAEL S BROPHY PRESIDENT & TRUSTEE (UNTIL 6/30/15) 307139 0 0 0 0 0 21855 0 15814 0 344808 0 0 0 JAMES REEVES VP FINANCE-ADMIN & TRUSTEE 187101 0 0 0 7000 0 14018 0 16560 0 224679 0 0 0 ARIANE SCHAUER PROVOST/DEAN OF FACULTY & TRUSTEE 167192 0 0 0 0 0 12268 0 16560 0 196020 0 0 0 LAURENCE J DUNLOP DEAN OF ARTS & SCIENCE 129461 0 0 0 0 0 9043 0 12157 0 150661 0 0 0 PART I, LINE 1B MARYMOUNT CALIFORNIA UNIVERSITY PROVIDES A RESIDENCE FOR THE PRESIDENT, DR. MICHAEL BROPHY, ON THE BUSINESS PREMISES OF THE UNIVERSITY. PURSUANT TO AN EMPLOYMENT AGREEMENT, DR. BROPHY MUST LIVE IN THIS RESIDENCE AS A REQUIREMENT OF HIS EMPLOYMENT AND UTILIZE THE RESIDENCE FOR UNIVERSITY BUSINESS PURPOSES. AS THIS IS CONSIDERED A WORKING FRINGE BENEFIT, THE VALUE OF THE HOUSING HAS NOT BEEN INCLUDED IN DR. BROPHY'S NONTAXABLE BENEFITS REPORTED ON PART II COLUMN D. PART I, LINE 4A AS PER A CONFIDENTIALITY AGREEMENT SIGNED BY THE ORGANIZATION, THE SEPARATION PAYMENT TO AN EMPLOYEE IS NOT OPEN FOR PUBLIC INSPECTION. IT WILL BE MADE AVAILABLE TO THE IRS UPON REQUEST. TARA A BROPHY WIFE OF DR. MICHAEL S. BROPHY, ORGANIZATION'S PRESIDENT. 42906 EMPLOYED BY THE ORGANIZATION AS COLLEGE AMBASSADOR 0 FORM 990, PART VI, SECTION B, LINE 11 THE INFORMATIONAL RETURN WAS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND REVIEWED AND APPROVED BY MANAGEMENT. ONCE APPROVED BY THE MANAGEMENT, THE RETURN WAS PROVIDED TO THE REST OF THE BOARD PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION'S BOARD OF TRUSTEES PERIODICALLY REVIEWS THE PRESIDENT'S COMPENSATION PACKAGE IN ITS CONSIDERATION. THE BOARD REVIEWS DATA PROVIDED BY SUCH ORGANIZATION AS ASSOCIATION OF INDEPENDENT CALIFORNIA COLLEGES AND UNIVERSITIES AS WELL AS OTHER DATA SOURCE. FORM 990, PART VI, SECTION C, LINE 18 THE UNIVERSITY'S FORM 990 AND FORM 990-T ARE AVAILABLE TO THE PUBLIC EITHER THROUGH WWW.GUIDESTAR.ORG OR UPON WRITTEN REQUEST. THE UNIVERSITY WAS FORMED IN 1968 AND, HENCE, IS NOT REQUIRED TO MAKE THE FORM 1023 AVAILABLE FOR PUBLIC INSPECTION. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND INFORMATIONAL RETURNS AVAILABLE UPON WRITTEN REQUEST. THE INFORMATIONAL RETURNS ARE ALSO MADE AVAILABLE TO THE PUBLIC THROUGH WWW.GUIDESTAR.ORG, A PUBLIC WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -1,004.