THE MASTERS UNIVERSITY AND SEMINARY: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- THE MASTERS UNIVERSITY AND SEMINARY (EIN 95-6001907)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-02-14
- IRS object ID
- 201400459349301625
- Schema version
- 2012v2.1
- 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 F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-02-14T11:55:00-06:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 363990892 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Capin Crouse LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3010 Saturn Street Suite 205 | AddressLine1 |
| City | Brea | City |
| State | CA | State |
| ZIP Code | 92821 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 956001907 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Master's College and Seminary | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MAST | NameControl |
| Phone | 6612593540 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21726 Placerita Canyon Road | AddressLine1 |
| City | Santa Clarita | City |
| State | CA | State |
| ZIP Code | 913211200 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Jason A Hartung | Name |
| Title | CFO | Title |
| Phone | 6612593540 | Phone |
| Date Signed | 2014-02-14 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | David C Moja | Name |
| PTIN | P00747006 | PTIN |
| Phone | 7149619300 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Jason A Hartung | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21726 Placerita Canyon Road | AddressLine1 |
| City | Santa Clarita | City |
| State | CA | State |
| ZIP Code | 913211200 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 46545846 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.masters.edu; www.tms.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1927 | YearFormation |
| State Legal Domicile | CA | StateLegalDomicile |
| Activity Or Mission Description | Christian liberal arts college and theological seminary existing to advance the Kingdom of the Lord | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 22 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 18 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1066 | TotalNbrEmployees |
| Total Nbr Volunteers | 30 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 4286028 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 5179271 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 38657083 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 39893007 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 297150 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1100713 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 605179 | OtherRevenuePriorYear |
| Other Revenue Current Year | 41966 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 43845440 | TotalRevenuePriorYear |
| Total Revenue Current Year | 46214957 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 10107583 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 10511276 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 20946240 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 21701162 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1351613 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 11177523 | OtherExpensePriorYear |
| Other Expenses Current Year | 11474845 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 42231346 | TotalExpensesPriorYear |
| Total Expenses Current Year | 43687283 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1614094 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 2527674 | RevenuesLessExpensesCY |
| Total Assets BOY | 77549006 | TotalAssetsBOY |
| Total Assets EOY | 81023447 | TotalAssetsEOY |
| Total Liabilities BOY | 38811743 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 38323143 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 38737263 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 42700304 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | TMCS exists to advance the Kingdom of the Lord Jesus Christ through education. This is accomplished through unreserved commitment to worshipping God, authority of Scripture, personal holiness, serving the local church, and penetrating the world with the Truth. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 29867794 | Expense |
| Grants | 10511276 | Grants |
| Revenue | 31938908 | Revenue |
| Description | Four year liberal arts academic program - approximately 1,000 students; Masters Degrees and Credential program - approximately 60 students; Degree Completion program - approximately 150 students; Seminary advance degrees - approximately 400 students.TMCS exists to advance the Kingdom of the Lord Jesus Christ. The college equips men and women for excellence in service to Him in strategic fields of ministry and vocation worldwide. The seminary equips godly men to be pastors or trainers of pastors for excellence in service to Christ in strategic fields of Christian ministry. This is accomplished through unreserved commitment to worshipping God, authority of Scripture, personal holiness, serving the local church, and penetrating the world with the Truth. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 7434313 | Expense |
| Revenue | 7992633 | Revenue |
| Description | Dormitory Facilities, Food Service Operations, Bookstore for student use. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 37302107 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 1 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 1 | LoanToOfficerOrDQP |
| Grant To Related Person | 1 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 121 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1066 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form1098 C Filed | 1 | Form1098CFiled |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 22 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 18 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | CO | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Phil Ross Controller and Assistant Treasurer | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6612593540 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21726 Placerita Canyon Road | AddressLine1 |
| City | Santa Clarita | City |
| State | CA | State |
| ZIP Code | 913211200 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (31 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| John MacArthur | ||||||||
| President & Board Member | 25.00 | X | X | 43060 | 0 | 19525 | ||
| James W Rickard | ||||||||
| Chairman | 2.00 | X | X | 0 | 0 | 0 | ||
| Tom Pennington | ||||||||
| Vice-Chairman | 1.00 | X | X | 0 | 0 | 0 | ||
| David Wismer | ||||||||
| Secretary | 2.00 | X | X | 0 | 0 | 0 | ||
| Richard Riddle | ||||||||
| Treasurer | 1.00 | X | X | 0 | 0 | 0 | ||
| Jack Babbitt | ||||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |||
| Philip DeCourcy | ||||||||
| Board Member | 1.00 | X | 250 | 0 | 55660 | |||
| David Gillies | ||||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |||
| Louis Herwaldt | ||||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |||
| Bryan Hughes | ||||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |||
| John Anderson Jr | ||||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |||
| Chris Hamilton | ||||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |||
| Steve Lawson | ||||||||
| Board Member & Adjunct Faculty | 4.00 | X | 10600 | 0 | 26780 | |||
| Robert Provost | ||||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |||
| S Lance Quinn | ||||||||
| Board Member & Adjunct Faculty | 4.00 | X | 8095 | 0 | 65710 | |||
| George Sanders | ||||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |||
| John vanWindergen | ||||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |||
| Harry Walls III | ||||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |||
| Bill Zimmer | ||||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |||
| Felix Martin del Campo | ||||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |||
| E Lee Duncan | ||||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |||
| Randy Kirkland - Part Year | ||||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |||
| Phil Ross | ||||||||
| Controller | 40.00 | X | 96180 | 0 | 11613 | |||
| Jason Hartung | ||||||||
| CFO | 40.00 | X | 120564 | 0 | 16479 | |||
| Richard Mayhue | ||||||||
| Sem Exec Vice President & Provost | 40.00 | 55715 | 0 | 142994 | X | |||
| Mark Tatlock | ||||||||
| College Exec Vice President & Provost | 40.00 | 74745 | 0 | 100447 | X | |||
| Nate Prince | ||||||||
| College CIO | 40.00 | 122524 | 0 | 16479 | X | |||
| Thomas Halstead | ||||||||
| Chair, Biblical Studies | 40.00 | 61131 | 0 | 80444 | X | |||
| Michael Vlach | ||||||||
| Seminary Professor | 40.00 | 59641 | 0 | 84452 | X | |||
| Michael Grisanti | ||||||||
| Seminary Professor | 40.00 | 78305 | 0 | 67855 | X | |||
| John Hughes | ||||||||
| College VP Institutional Research | 40.00 | 117560 | 0 | 11613 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 848370 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 700051 | TotalOtherCompensation |
| Number Individuals GT100 K | 29 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| HMH Constructors Inc | |||||
| 330G Wood Road | Camarillo | CA | 93010 | Construction | 2721281 |
| Bon Appetit | |||||
| 2400 Yorkmort Road | Charlotte | NC | 28217 | Food Services | 1628750 |
| Bell Knott & Associates | |||||
| 12730 State Line Road Suite 100 | Leawood | KS | 66209 | Architect | 373437 |
| AMG & Associates | |||||
| 26470 Ruether Ave Suite 108 | Santa Clarita | CA | 91350 | Construction | 229139 |
| Ruffalo Cody | |||||
| PO Box 3018 | Cedar Rapids | IA | 524063018 | Enrollment Consulting | 197919 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| Fundraising Events | 52125 | FundraisingEvents |
| Government Grants | 151982 | GovernmentGrants |
| All Other Contributions | 4975164 | AllOtherContributions |
| Noncash Contributions | 262914 | NoncashContributions |
| Total Contributions | 5179271 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Student Tuition and Fe | 611710 | 31938908 | 31938908 |
| Auxiliary Enterprises | 611710 | 7285163 | 7285163 |
| Other Program Service | 611710 | 668936 | 668936 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 39893007 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 459363 | TotalRevenueColumn |
| Exclusion | $459,363 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 35155 | TotalRevenueColumn |
| Exclusion | $35,155 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 36963 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 46127 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -9164 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -9164 | TotalRevenueColumn |
| Exclusion | -$9,164 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 881903 | Securities |
| Other | 500 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 240858 | Securities |
| Other | 195 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 641045 | Securities |
| Other | 305 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 641350 | TotalRevenueColumn |
| Exclusion | $641,350 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 21150 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 52125 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 43709 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -22559 | TotalRevenueColumn |
| Exclusion | -$22,559 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Workmans Comp Rebate | 524298 | 34002 | 34002 |
| Other Miscellaneous | 900099 | 4532 | 4532 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 38534 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 46214957 | TotalRevenueColumn |
| Related Or Exempt Function Income | 39931541 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,104,145 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10511276 | Total |
| Program Services | 10511276 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 887576 | Total |
| Program Services | 53433 | ProgramServices |
| Management And General | 834143 | ManagementAndGeneral |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 108533 | Total |
| Program Services | 108533 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15974549 | Total |
| Program Services | 13444795 | ProgramServices |
| Management And General | 1897338 | ManagementAndGeneral |
| Fundraising | 632416 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 94629 | Total |
| Program Services | 78049 | ProgramServices |
| Management And General | 11446 | ManagementAndGeneral |
| Fundraising | 5134 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3720750 | Total |
| Program Services | 2814179 | ProgramServices |
| Management And General | 776647 | ManagementAndGeneral |
| Fundraising | 129924 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 915125 | Total |
| Program Services | 693074 | ProgramServices |
| Management And General | 177649 | ManagementAndGeneral |
| Fundraising | 44402 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 364002 | Total |
| Program Services | 362603 | ProgramServices |
| Management And General | 1119 | ManagementAndGeneral |
| Fundraising | 280 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 37377 | Total |
| Program Services | 3862 | ProgramServices |
| Management And General | 31357 | ManagementAndGeneral |
| Fundraising | 2158 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 44057 | Total |
| Management And General | 44057 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 284918 | Total |
| Program Services | 181148 | ProgramServices |
| Management And General | 44184 | ManagementAndGeneral |
| Fundraising | 59586 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 468127 | Total |
| Program Services | 352381 | ProgramServices |
| Management And General | 76080 | ManagementAndGeneral |
| Fundraising | 39666 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1636648 | Total |
| Program Services | 1460142 | ProgramServices |
| Management And General | 53594 | ManagementAndGeneral |
| Fundraising | 122912 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 460442 | Total |
| Program Services | 256207 | ProgramServices |
| Management And General | 169372 | ManagementAndGeneral |
| Fundraising | 34863 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1921246 | Total |
| Program Services | 1652469 | ProgramServices |
| Management And General | 233972 | ManagementAndGeneral |
| Fundraising | 34805 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1393249 | Total |
| Program Services | 1280311 | ProgramServices |
| Management And General | 40830 | ManagementAndGeneral |
| Fundraising | 72108 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 695604 | Total |
| Program Services | 600945 | ProgramServices |
| Management And General | 44445 | ManagementAndGeneral |
| Fundraising | 50214 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 479086 | Total |
| Program Services | 379147 | ProgramServices |
| Management And General | 79951 | ManagementAndGeneral |
| Fundraising | 19988 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1591350 | Total |
| Program Services | 1271226 | ProgramServices |
| Management And General | 256099 | ManagementAndGeneral |
| Fundraising | 64025 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 340639 | Total |
| Program Services | 221278 | ProgramServices |
| Management And General | 94041 | ManagementAndGeneral |
| Fundraising | 25320 | Fundraising |
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Food Service Charges | Description |
| Total | 1758100 | Total |
| Program Services | 1577049 | ProgramServices |
| Management And General | 167239 | ManagementAndGeneral |
| Fundraising | 13812 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 43687283 | Total |
| Program Services | 37302107 | ProgramServices |
| Management And General | 5033563 | ManagementAndGeneral |
| Fundraising | 1351613 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3224058 | BOY |
| EOY | 2499584 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11437859 | BOY |
| EOY | 8983617 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 266000 | BOY |
| EOY | 0 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 155858 | BOY |
| EOY | 156295 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 95464 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2440445 | BOY |
| EOY | 1679274 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 71446308 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 29172275 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37756060 | BOY |
| EOY | 42274033 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18704521 | BOY |
| EOY | 21541626 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3564205 | BOY |
| EOY | 3793554 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 77549006 | BOY |
| EOY | 81023447 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1696416 | BOY |
| EOY | 2043299 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2012920 | BOY |
| EOY | 1803856 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30000000 | BOY |
| EOY | 30000000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3193041 | BOY |
| EOY | 2774636 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 486485 | BOY |
| EOY | 432425 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1422881 | BOY |
| EOY | 1268927 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 38811743 | BOY |
| EOY | 38323143 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19428910 | BOY |
| EOY | 21549278 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3860603 | BOY |
| EOY | 4966575 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15447750 | BOY |
| EOY | 16184451 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 38737263 | BOY |
| EOY | 42700304 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 77549006 | BOY |
| EOY | 81023447 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 2527674 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 974378 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 460989 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 16986668 | BeginningOfYearBalance |
| Contributions | 486532 | Contributions |
| Investment Earnings Or Losses | 1732749 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 439690 | GrantsOrScholarships |
| End Of Year Balance | 18766259 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 16080071 | BeginningOfYearBalance |
| Contributions | 328652 | Contributions |
| Investment Earnings Or Losses | 705963 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 128018 | GrantsOrScholarships |
| End Of Year Balance | 16986668 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 10940640 | BeginningOfYearBalance |
| Contributions | 3297536 | Contributions |
| Investment Earnings Or Losses | 1906875 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 64980 | GrantsOrScholarships |
| End Of Year Balance | 16080071 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 8973242 | BeginningOfYearBalance |
| Contributions | 1151190 | Contributions |
| Investment Earnings Or Losses | 865317 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 49109 | GrantsOrScholarships |
| End Of Year Balance | 10940640 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 10505382 | BeginningOfYearBalance |
| Contributions | 79944 | Contributions |
| Investment Earnings Or Losses | -1431036 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 181048 | GrantsOrScholarships |
| End Of Year Balance | 8973242 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 0.86000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.14000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 1 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3024496 | OtherCostOrOtherBasis |
| Book Value | 3024496 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 38484665 | OtherCostOrOtherBasis |
| Depreciation | 17871929 | Depreciation |
| Book Value | 20612736 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 302042 | OtherCostOrOtherBasis |
| Depreciation | 152451 | Depreciation |
| Book Value | 149591 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 11137347 | OtherCostOrOtherBasis |
| Depreciation | 9006808 | Depreciation |
| Book Value | 2130539 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 18497758 | OtherCostOrOtherBasis |
| Depreciation | 2141087 | Depreciation |
| Book Value | 16356671 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 42274033 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Federal Government Perkins Loan Program Liability | $376,836 |
| Due to Annuitants | $441,872 |
| Due to Trustors and Other Remainderman under Trust Agreements | $450,219 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1268927 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 37228884 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 974378 | NetUnrealizedGainsInvestments |
| Other Revenues | -10050287 | OtherRevenues |
| Revenue Not Rptd F990 | -9075909 | RevenueNotRptdF990 |
| Revenue Subtotal | 46304793 | RevenueSubtotal |
| Other Revenues Not Included | -89836 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -89836 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 46214957 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 33265843 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 89836 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 89836 | ExpensesNotRptdF990 |
| Expenses Subtotal | 33176007 | ExpensesSubtotal |
| Other Expenses Not Included | 10511276 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 10511276 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 43687283 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Description of Intended Use of Endowment Funds: | Part V, Line 4: | Student Scholarships. |
| Description of Uncertain Tax Positions Under FIN 48: | Part X, Line 2: | The financial statement effects of a tax position taken or expected to be taken are recognized in the financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the statements of activities. As of June 30, 2013, TMCS had no uncertain tax positions that qualify for recognition or disclosure in the financial statements. |
| Part XI, Line 2d - Other Adjustments: | Student financial aid netted with tuition revenue -10,511,276. Net change in split interest agreements 460,989. | |
| Part XI, Line 4b - Other Adjustments: | Rent expense -46,127. Special event expense -43,709. | |
| Part XII, Line 2d - Other Adjustments: | Rent expense 46,127. Special event expense 43,709. | |
| Part XII, Line 4b - Other Adjustments: | Student financial aid netted with tuition revenue 10,511,276. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 0 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Explanation of Nondiscriminatory Policy Publication | Identifier |
| Return Reference | Schedule E, Part I, Line 3 | ReturnReference |
| Explanation | All promotional recruiting materials and broadcast advertising clearly state our racially non-discriminatory policy. | Explanation |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | Middle East and North Africa | Region |
| Number Of Offices | 1 | NumberOfOffices |
| Number Of Employees | 4 | NumberOfEmployees |
| Type Of Activities Conducted | Program Services | TypeOfActivitiesConducted |
| Specific Services Provided | Instructional Services - Education Semester Program | SpecificServicesProvided |
| Total Expenditures | 575935 | TotalExpenditures |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 1 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 4 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 1 | TotalNumberOfOffices |
| Total Number Of Employees | 4 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 575935 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 575935 | TotalAmountSpent |
| Transfer To Foreign Corp | 0 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 1 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Golf Tournament | NameOfEvent1 |
| Gross Receipts Event1 | 73275 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 52125 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 21150 | GrossRevenueEvent1 |
| Non Cash Prizes Event1 | 19364 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 21804 | RentFacilityCostsEvent1 |
| Other Direct Expenses Event1 | 2541 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 73275 | GrossReceiptsTotal |
| Charitable Contributions Total | 52125 | CharitableContributionsTotal |
| Gross Revenue Total Events | 21150 | GrossRevenueTotalEvents |
| Non Cash Prizes Total Events | 19364 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 21804 | RentFacilityCostsTotalEvents |
| Other Direct Expenses Total Events | 2541 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 43709 | DirectExpenseSummaryEvents |
| Net Income Summary | -22559 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Institutional Scholarships | TypeOfGrant |
| Number Of Recipients | 1190 | NumberOfRecipients |
| Amount Of Cash Grant | 10511276 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants in the U.S.: | Identifier |
| Return Reference | Part I, Line 2: | ReturnReference |
| Explanation | Schedule I, Part I, Line 2: Master's College and Seminary awards financial aid grants to students in accordance with the College's institutional financial aid policies. All scholarships are awarded to current students of the institution, thus enabling the institution to track their academic performance and use of all scholarship funds. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Richard Mayhue | ||||||||||||||
| Sem Exec Vice President & Provost | 55715 | 0 | 0 | 0 | 0 | 0 | 51381 | 0 | 92219 | 0 | 199315 | 0 | 0 | 0 |
| Mark Tatlock | ||||||||||||||
| College Exec Vice President & Provos | 74745 | 0 | 0 | 0 | 0 | 0 | 8968 | 0 | 92063 | 0 | 175776 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | Part I, Line 1a | ReturnReference |
| Explanation | Housing allowances for the following individuals was reported on Part VII - Richard Mayhue $80,000; Mark Tatlock $75,000; Thomas Halstead $61,000; Michael Vlach $68,078; Michael Grisanti $38,000. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Bond ReferenceBondReferenceCd | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|
| California Statewide Communities Development | ||||||
| A | 2002-04-16 | 16000000 | Campus building and refinance of long term debt. | 0 | 0 | 0 |
| California Statewide Communities Development | ||||||
| B | 2007-08-31 | 14000000 | Campus buildings. | 0 | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceeds | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Capital ExpendituresCapitalExpenditures | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind | Amount UnspentAmountUnspent |
|---|---|---|---|---|---|---|---|---|---|
| A | 9344749 | 307500 | 9037349 | 2005 | 1 | 0 | 1 | 1 | |
| B | 14000000 | 280000 | 6106512 | 0 | 0 | 0 | 1 | 7613488 |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Engage Bond Counsel ContractsEngageBondCounselContracts | Any Research AgreementsAnyResearchAgreements | Bond Iss Meet Prvt Security Pay TestBondIssMeetPrvtSecurityPayTest | Change In Use Bond Financed PropChangeInUseBondFinancedProp | Non Qualified Bond Remed ProcdrsNonQualifiedBondRemedProcdrs |
|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| B | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiled | Rebate Not Due YetRebateNotDueYet | Exception To RebateExceptionToRebate | No Rebate DueNoRebateDue | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Written Proc To Monitor ReqsWrittenProcToMonitorReqs |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 1 | 0 | 1 | 0 | 0 | 0 | 0 |
| B | 0 | 0 | 1 | 0 | 1 | 0 | 0 | 0 | 0 |
Schedule L IRS990ScheduleL
Loan Table LoanTable (2 entries)
| Relationship With OrganizationRelationshipWithOrganization | Purpose Of LoanPurposeOfLoan | Loan From OrganizationLoanFromOrganization | Original PrincipalOriginalPrincipalAmount | Balance DueBalanceDue | DefaultDefault | Approved By BoardApprovedByBoard | Written AgreementWrittenAgreement |
|---|---|---|---|---|---|---|---|
| Mark Tatlock | |||||||
| Key Employee | Housing Equity - Shared | X | $65,464 | 65464 | 0 | 1 | 1 |
| Michael Vlach | |||||||
| Highest Compensated Employee | Relocation Loan | X | $100,000 | 30000 | 0 | 1 | 1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 95464 | TotalBalanceDue |
Form990 Schedule L Part III Form990ScheduleLPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amount Of Grant | 165970 | AmountOfGrant |
| Type Of Assistance | Tuition Remission | TypeOfAssistance |
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | James M Rickard | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | Son of Board Member | Relationship |
| Amount Of Transaction | 99279 | AmountOfTransaction |
| Description Of Transaction | W-2 Compensation | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule M IRS990ScheduleM
Books And Publications BooksAndPublications
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 1332 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Fair Market Value | MethodOfDeterminingRevenues |
Cars And Other Vehicles CarsAndOtherVehicles
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 1375 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Gross Sales Price | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 9 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 257652 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Market Value | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | Other | Description |
| Number Of Contributions | 3 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 2555 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Fair Market Value | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Form 990, Part VI, Section B, line 11 | The Form 990 is prepared by an independent CPA firm and is reviewed by the the board of directors prior to filing. | |
| Form 990, Part VI, Section B, line 12c | The Conflict of Interest Policy is signed annually by all board members and corporate officers. The Finance Committee reviews all documents and recommends any necessary action. The Finance Committee follows up during the year to insure the policy is enforced. | |
| Form 990, Part VI, Section B, line 15 | Annual evaluations are done by the Finance Committee, which is made up of independent persons, using comparative data obained from outside sources. The results of the evaluations are documented in the Finance Committee minutes. | |
| Form 990, Part VI, Section C, line 19 | The organization makes its articles of incorporation, bylaws, conflict of interest policy, annual audited financial statements, and Form 990 (except for donor information) available to all individuals or companies when requested through the accounting office. | |
| Form 990, Part VII, Section A | Two ministers on the board of directors are paid as adjunct faculty for the seminary teaching classes involving pastoral ministries. | Adjunct faculty: |
| Form 990, Part XI, line 9: | Net change in split interest agreements 460,989. | Changes in Net Assets or Fund Balances: |
| Form 990, Part XII, Line 2c: | The organization's Board assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process has not changed since the prior year. | Audit oversight process |
| Form 990, Part IX, Line 11f | Investment management fees are deducted from gross invesetment income prior to the recording of investment income. The fees deducted this reported year were $126,744. | Investment Management Fees |