2015-05-15T16:19:18-05:00 2014-06-30 910189318 MOSS ADAMS LLP 4747 EXECUTIVE DRIVE SUITE 1300 SAN DIEGO CA 92121 990 2013-07-01 956002998 VANGUARD UNIVERSITY OF SO CAL VANG 7145563610 55 FAIR DRIVE COSTA MESA CA 92626 JEREMY MOSER CFO 7145563610 2015-05-06 1 PATRICIA J MAYER P00188643 8586271400 2013 2016-02-25 16:41:14Z JEREMY MOSER 55 FAIR DRIVE COSTA MESA CA 92626 66862150 0 X WWW.VANGUARD.EDU X 1920 CA TO EQUIP EACH STUDENT FOR A SPIRIT-EMPOWERED LIFE OF CHRIST-CENTERED LEADERSHIP AND SERVICE. 17 14 1067 325 6767 3613 2475424 4644915 59618455 62045176 5647 10688 -26438 -576 62073088 66700203 18019622 19280573 0 0 22006632 23357618 300000 0 542143 18000398 18087509 58326652 60725700 3746436 5974503 40488459 44713146 30375106 28645407 10113353 16067739 X THE MISSION OF VANGUARD UNIVERSITY IS TO HONOR GOD AND SERVE OTHERS BY EQUIPPING EACH STUDENT FOR A SPIRIT-EMPOWERED LIFE OF CHRIST-CENTERED LEADERSHIP AND SERVICE. VANGUARD PURSUES ITS MISSION BY CULTIVATING THE SPIRIT-EMPOWERED LIFE IN CHRISTIAN EXPERIENCE AND SERVICE; PROMOTING ACADEMIC EXCELLENCE THAT INTEGRATES FAITH AND LIFE; PROVIDING PROFESSOR-MENTORS IN A DYNAMIC COMMUNITY ENVIRONMENT. 0 0 38247197 19180404 53879921 TRADITIONAL UNDERGRADUATE: BACHELORS DEGREES IN 21 MAJORS. FIVE LARGEST MAJORS: BUSINESS, PSYCHOLOGY, COMMUNICATION, KINESIOLOGY, AND RELIGION. VANGUARDS STUDENTS ARE IMMERSED IN AN ENVIRONMENT DESIGNED TO HELP THEM EXCEL. VUS COMMITMENT TO GO BEYOND ACADEMICS LEADS TO ACADEMIC TRANSFORMATION, WHERE STUDENTS CAN CULTIVATE NEW ABILITIES TO THINK CRITICALLY, COMMUNICATE CLEARLY, AND INTERACT INTELLIGENTLY. VANGUARDS RELATIONAL CULTURE IS DESIGNED TO FOSTER SERVING ONE ANOTHER, OUR CITY, AND OUR WORLD IN PRACTICAL WAYS THROUGH LOCAL AND GLOBAL MISSIONS PROJECTS. 2238593 11475 5173174 PROFESSIONAL STUDIES (ADULT PROFESSIONALS): BACHELORS DEGREES IN BUSINESS, PSYCHOLOGY, RELIGION, NURSING (REGISTERED NURSE TO BACHELOR OF SCIENCE IN NURSING), AND EARLY CHILDHOOD EDUCATION (ECE). ECE ALSO AWARDS AN ASSOCIATES DEGREE AND HAS COURSEWORK LEADING TO A CERTIFICATE OR AS A STUDENT-AT-LARGE (NON-DEGREE SEEKING). SCHOOL FOR GRADUATE AND PROFESSIONAL STUDIES VISION IS TO BE ORANGE COUNTYS TOP CHOICE FOR A PROFESSIONAL EDUCATION WITH A CHRISTIAN FOUNDATION, A PLACE WHERE STUDENTS ARE EMPOWERED TO DISCERN THEIR CALLING; DISCOVER THEIR GIFTEDNESS; AND DEVELOP THEIR COMPETENCIES. 647225 32313 737780 GRADUATE EDUCATION: OFFERS MULTIPLE SUBJECT AND SINGLE SUBJECT CALIFORNIA PRELIMINARY TEACHING CREDENTIALS AND AWARDS FIVE MASTER OF ARTS IN EDUCATION DEGREES: M.A. AND PRELIMINARY CREDENTIAL: M.A. WITH PRELIMINARY CREDENTIAL, AND CHRISTIAN EDUCATION LEADERSHIP; M.A. AND CHRISTIAN EDUCATION LEADERSHIP; M.A. IN EDUCATION, INDUCTION; AND M.A. IN EDUCATION, TEACHER LEADERSHIP. 2818638 56381 2254301 OTHER GRADUATE PROGRAMS, INCLUDING: RELIGION (LEADERSHIP STUDIES OR THEOLOGICAL STUDIES) CLINICAL PSYCHOLOGY, ORGANIZATIONAL PSYCHOLOGY, AND NURSING. STUDENTS IN THE GRADUATE PROGRAMS AT VANGUARD CAN COMPLETE THEIR MASTERS IN JUST TWO YEARS. COURSES ARE OFFERED AT CONVENIENT TIMES INCLUDING EVENINGS AND WEEKENDS. 2818638 56381 2254301 43951653 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 98 0 1 1067 1 1 1 0 0 0 0 1 1 0 0 0 0 X 17 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X VANGUARD UNIVERSITY OF SOUTHERN CALIFORNIA 7145563610 55 FAIR DRIVE COSTA MESA CA 92626 JONATHAN ALLBAUGH THROUGH 813 BOARD MEMBER/CORP. SECRETARY 1.00 X X 0 0 0 CURT CARSON BOARD MEMBER 1.00 1.00 X 0 0 0 DAVID CLARK BOARD MEMBER 1.00 1.00 X 0 0 0 VERN CLARK THROUGH 1213 BOARD MEMBER 1.00 X 0 0 0 TIM DRESSELHAUS BOARD MEMBER 1.00 X 0 0 0 DOUG GREEN BOARD MEMBER/VICE CHAIR OF 1.00 X X 0 0 0 DONN REDIGER BOARD MEMBER 1.00 X 0 0 0 RICH GUERRA BOARD MEMBER 1.00 X 0 0 0 JOHN MARTIN BOARD MEMBER 1.00 X 0 0 0 JEREMY MOSER THROUGH 913 BOARD MEMBER 1.00 X 0 0 0 SERGIO NAVARRETE BOARD MEMBER 1.00 X 0 0 0 DAVID ODDO BOARD MEMBER/CHAIR OF BOARD 1.00 1.00 X X 0 0 0 LANCE PITTLUCK THROUGH 813 BOARD MEMBER 1.00 X 0 0 0 TOM PRINCE BOARD MEMBER 1.00 X 0 0 0 JEFF MOTSKE BOARD MEMBER 1.00 X 0 0 0 JOHANNA TOWNSEND BOARD MEMBER 1.00 X 0 0 0 KENNETH WAYMAN BOARD MEMBER 1.00 X 0 0 0 DANA LIBERATORE BOARD MEMBER 1.00 X 0 0 0 MICHAEL BEALS UNIVERSITY PRESIDENT 40.00 1.00 X X 90844 0 71161 BRUCE DURKEE BOARD MEMBER 1.00 1.00 X 0 0 0 PHIL ROBINETTE BOARD MEMBER 1.00 X 0 0 0 LETTIE COWIE CHIEF FINANCIAL OFFICER 40.00 1.00 X 153010 0 9760 KELLY KANNWISCHER VP FOR UNIVERSITY ADVANCEMENT 40.00 1.00 X 139582 0 8758 MARY WICKMAN FACULTY 40.00 X 112561 0 14604 MICHAEL WILSON DEAN OF THE UNIVERSITY 40.00 X 102101 0 10000 JULIE HOWARD FACULTY 40.00 X 103436 0 8564 RANDY DOVEL FACULTY 40.00 X 101527 0 9985 DIANA AVANS FACULTY 40.00 X 106342 0 8758 909403 0 141590 7 0 1 0 BON APPETIT 2400 YORKMONT RD CHARLOTTE NC 28217 FOOD SERVICES 2784005 ARAMARK 24818 NETWORK PLACE CHICAGO IL 606731248 MAINTENANCE AND GROUNDSKEEPING 1915044 SPORTS FIELD SERVICES 8 CLYDESDALE DRIVE LADERA RANCH CA 92694 CONSTRUCTION 937490 CPI CONSULTANTS INC 5423 HARVEY WAY LONG BEACH CA 90808 ARCHITECTURE 875605 CITY PLUMBING 8630 CLETA ST DOWNEY CA 90241 PLUMBING 370191 18 81095 114745 4449075 4644915 STUDENT TUITION AND FEES 611710 52272804 52272804 AUXILIARY ENTERPRISES 611710 8984202 8984202 SUPPORT SERVICES - OTHER 611710 788170 788170 62045176 8447 8447 102951 100710 2241 2241 2241 53894 81095 61237 -7343 -7343 RENTAL REVENUE 900099 6767 6767 6767 66700203 62045176 6767 3345 19280573 19280573 395371 395371 19220807 14509736 4393249 317822 367333 217470 143875 5988 1961246 611023 1317712 32511 1412861 784936 604895 23030 5071022 2533695 2537327 30159 30159 89046 89046 1455004 597332 773223 84449 294265 19353 274912 2401129 1267801 1109075 24253 1357423 204919 1152504 934266 461829 472437 1544362 1224984 295787 23591 187738 102279 85459 1392817 695276 697541 2137411 1056730 1080681 476566 476566 DUES AND MEMBERSHIPS 241600 77169 149431 15000 PROGRAM EVENTS EXPENSE 196184 180685 15499 PROFESSIONAL DEVELOPMEN 146818 108439 38379 PROPERTY TAX 112880 112880 18819 17424 1395 60725700 43951653 16231904 542143 6939299 6491508 452255 2869299 1869783 1839095 2000440 1967172 592940 365061 69533296 40198755 26714282 29334541 494336 383049 1425124 1463421 40488459 44713146 2746823 2656265 1866213 1719169 9281 23143664 21537130 2609125 2732843 30375106 28645407 X 5225787 8592240 4887566 7475499 10113353 16067739 40488459 44713146 X 5974503 38297 -58414 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1278462 1278462 46637382 23445298 23192084 1298694 436934 861760 8012905 7100356 912549 12305853 9216167 3089686 29334541 TUITION REMISSION LIABILITY 378730 TRUST REMAINDER LIFE OBLIGATIONS 407906 PERKINS LOAN LIABILITY 1861680 STUDENT REFUNDABLE CREDITS 84527 2732843 X PART X, LINE 2: IN ACCORDANCE WITH PROVISIONS OF GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, THE UNIVERSITY HAD NO UNCERTAIN TAX POSITIONS AND/OR OBLIGATIONS AT JUNE 30, 2014 AND 2013. WITH FEW EXCEPTIONS, THE UNIVERSITY IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE 2011 FOR ITS FEDERAL FILINGS AND FOR YEARS BEFORE 2010 FOR ITS STATE FILINGS. 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 ORGANIZATION PRIMARILY SOLICITS THROUGH MAIL AND ON-LINE APPLICATIONS TO PROSPECTIVE STUDENTS. THESE INCLUDE UNDERGRADUATE, GRADUATE AND ADULT PROGRAMS. ALL APPLICATIONS INCLUDE THE UNIVERSITY'S NONDISCRIMINATION POLICY. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES FUNDING FROM THE FEDERAL GOVERNMENT, AND AS A RESULT, IS REQUIRED TO COMPLY WITH VARIOUS REGULATIONS RELATED TO THOSE FUNDING PROGRAMS. 0 CHRISTMAS FANTASIA 134989 81095 53894 3500 23983 12027 21727 134989 81095 53894 3500 23983 12027 21727 61237 -7343 1 FINANCIAL AID - SCHOLARSHIPS 1592 19280573 PART I, LINE 2: VANGUARD UNIVERSITY AWARDS MERIT AND NEED-BASED SCHOLARSHIPS AND GRANTS TO TRADITIONAL UNDERGRADUATES AND MERIT SCHOLARSHIPS AND GRANTS TO GRADUATE STUDENTS. AWARDS ARE BASED ON ELIGIBILITY CRITERIA INCLUDING ACADEMIC, TALENT AND PARTICIPATION, AND INCENTIVE INCLUDING DENOMINATION, MINISTRY/MISSIONARY DEPENDENT. CONTINUED ELIGIBILITY INCLUDING MAINTENANCE GPA IS MONITORED BY THE FINANCIAL AID OFFICE. NEED-BASED AWARDS REQUIRE DEMONSTRATED NEED AS DETERMINED BY THE FAFSA AND REQUIRES FILING THE FAFSA BY THE MARCH 2 PRIORITY DEADLINE EACH YEAR AND CONTINUED DEMONSTRATION OF NEED. THE MAJORITY OF THE AWARDS ARE FUNDED BY THE INSTITUTIONAL AID BUDGET BUT SMALL NUMBER ARE FUNDED BY THE ENDOWMENT AND HAVE DONOR SPECIFIC CRITERIA. THE FINANCIAL AID OFFICE WORKS WITH UNIVERSITY ADVANCEMENT AND FISCAL MANAGEMENT TO AWARD THESE FUNDS. X 1 1 X X 0 0 0 0 0 0 0 0 0 MICHAEL BEALS UNIVERSITY PRESIDENT 90844 0 0 0 0 0 0 0 71161 0 162005 0 0 0 LETTIE COWIE CHIEF FINANCIAL OFFICER 153010 0 0 0 0 0 9760 0 0 0 162770 0 0 0 PART I, LINE 1A A HOUSING ALLOWANCE IS PROVIDED TO THE PRESIDENT. THE BENEFIT IS TREATED AS A NON-TAXABLE BENEFIT, DUE TO THE MINISTERIAL EXCEPTION. 53000 INSTITUTIONAL SCHOLARSHIPS FORM 990, PART VI, SECTION B, LINE 11 THE REVIEW AND APPROVAL PROCESS FOR THE UNIVERSITY'S TAX RETURN, FORM 990 INCLUDES THE FOLLOWING: 1. PREPARATION, WITH THE ASSISTANCE OF AN INDEPENDENT ACCOUNTING FIRM, BY MANAGEMENT; 2. A DETAILED REVIEW IS CONDUCTED BY THE AUDIT COMMITTEE; 3. A BRIEIFING AND REVIEW OF MAJOR ISSUES (IF ANY EXISTS) GIVEN TO THE EXECUTIVE COMMITTEE, PRIOR TO APPROVAL; 4. APPROVAL BY EXECUTIVE COMMITTEE IS MADE THROUGH A RESOLUTION FROM THE AUDIT COMMITTEE; 5. BRIEFING, POST APPROVAL TO BOARD OF TRUSTEES ON ADHERENCE OF PROCESS, AND ANY MAJOR ISSUES NOTED BY AUDIT OR EXECUTIVE COMMITTEE. 6. EACH BOARD MEMBER RECEIVES A COPY OF THE FORM 990 PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THERE IS AN ANNUAL DISCLOSURE REQUIRED BY ALL TRUSTEES, CORPORATE OFFICERS, FOUNDATION BOARD MEMBERS, KEY EMPLOYEES AS IDENTIFIED BY THE IRS, UNIVERSITY FACULTY, AND ALL BENEFITED EMPLOYEES. ANY TRANSACTIONS THAT COULD GIVE RISE TO CONFLICT ARE REVIEWED BY THE APPROPRIATE GOVERNING BODY, MEANING BOARD OF TRUSTEES OR FOUNDATION BOARD. IF CONFLICT ARISES, THE PERSON RECUSES HIM OR HERSELF FROM DISCUSSION AND/OR VOTE ON THE TRANSACTION BEING DISCUSSED. THIS RECUSAL IS DOCUMENTED IN THE MEETING MINUTES. THERE HAVE BEEN NO INCIDENCES DURING THIS REPORTING PERIOD. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS DETERMINED FOR THE PRESIDENT BY USING COMPARABLE DATA BASED ON LIKE UNIVERSITIES , WHICH IS REVIEWED BY THE AUDIT COMMITTEE OF THE BOARD. THE PROCESS IS DOCUMENTED AND WAS LAST CONDUCTED BY THE AUDIT COMMITTEE IN MAY 2013. COMPENSATION FOR ALL OTHER OFFICERS IS BASED ON COMPARABLE DATA REVIEWED BY THE AUDIT COMMITTEE OF THE BOARD, IN CONSULTATION WITH THE PRESIDENT. THE PROCESS IS DOCUMENTED AND WAS LAST CONDUCTED MAY 2013. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS CONSOLIDATED AUDITED FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN SPLIT INTEREST AGREEMENTS -58,414. VANGUARD UNIVERSITY FOUNDATION 55 FAIR DRIVE COSTA MESA CA 92626 912164193 UNIVERSITY ENDOWED SCHOLARSHIP PROGRAMS CA 501(C)(3) LINE 11A, I VANGUARD UNIVERSITY OF SO CAL 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 VANGUARD UNIVERSITY FOUNDATION C 114745 CASH