ART CENTER COLLEGE OF DESIGN: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- ART CENTER COLLEGE OF DESIGN (EIN 95-1921340)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-03-26
- IRS object ID
- 201430859349300828
- 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 M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-03-26T18:28:49-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 910189318 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOSS ADAMS LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3121 WEST MARCH LANE SUITE 100 | AddressLine1 |
| City | STOCKTON | City |
| State | CA | State |
| ZIP Code | 952192303 | 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 | 951921340 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ART CENTER COLLEGE OF DESIGN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ARTC | NameControl |
| Phone | 6263962200 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1700 LIDA ST | AddressLine1 |
| City | PASADENA | City |
| State | CA | State |
| ZIP Code | 91103 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RICHARD HALUSCHAK | Name |
| Title | SENIOR VP & CFO | Title |
| Phone | 6263962200 | Phone |
| Date Signed | 2014-03-20 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | TRACY S PAGLIA | Name |
| PTIN | P00366884 | PTIN |
| Phone | 2099556100 | 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 | LORNE BUCHMAN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1700 LIDA ST | AddressLine1 |
| City | PASADENA | City |
| State | CA | State |
| ZIP Code | 91103 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 195078267 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | ARTCENTER.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1930 | YearFormation |
| State Legal Domicile | CA | StateLegalDomicile |
| Activity Or Mission Description | ART CENTER COLLEGE OF DESIGN OPERATES AN INDEPENDENT, FOUR YEAR CURRICULUM TO EDUCATE ARTISTS AND DESIGNERS IN COMMUNICATION ARTS AND INDUSTRIAL DESIGN THAT EXTENDS ITS LEGACY OF PROFESSIONAL ART AND DESIGN PRACTICE AND ENABLES ITS GRADUATES TO REALIZE SUCCESS, FULFILLMENT AND RECOGNITION IN THEIR CHOSEN FIELDS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 23 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 22 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1565 | TotalNbrEmployees |
| Total Nbr Volunteers | 140 | TotalNbrVolunteers |
| Total Gross UBI | 12135 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 11134 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 27937786 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 33951960 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 80439962 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 85579369 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 2126763 | InvestmentIncomePriorYear |
| Investment Income Current Year | 26167951 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -44658 | OtherRevenuePriorYear |
| Other Revenue Current Year | -111652 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 110459853 | TotalRevenuePriorYear |
| Total Revenue Current Year | 145587628 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 38722748 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 39453867 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 40999672 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 44337890 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 32042 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 67903 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1447994 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 22734659 | OtherExpensePriorYear |
| Other Expenses Current Year | 24597263 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 102489121 | TotalExpensesPriorYear |
| Total Expenses Current Year | 108456923 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 7970732 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 37130705 | RevenuesLessExpensesCY |
| Total Assets BOY | 169138227 | TotalAssetsBOY |
| Total Assets EOY | 187036479 | TotalAssetsEOY |
| Total Liabilities BOY | 71571741 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 66564532 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 97566486 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 120471947 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | INVEST IN THE INFRASTRUCTURE, TECHNOLOGY AND EDUCATIONAL RESOURCES NECESSARY TO ADVANCE LEARNING, RESEARCH AND ACHIEVEMENT TO THE HIGHEST LEVELS OF EXCELLENCE, MINDFUL OF HOW ART AND DESIGN SHAPE AND DEFINE OUR GLOBAL CULTURE, WITH A COMMITMENT TO PROGRESSIVE EDUCATION DEFINED BY SOCIAL RESPONSIBILITY, CRITICAL THINKING, INTELLECTUAL DIVERSITY, AND THE CREATIVE PROCESS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 102657770 | Expense |
| Grants | 39453867 | Grants |
| Revenue | 85579369 | Revenue |
| Description | THE COLLEGE OPERATES AN INDEPENDENT, FOUR YEAR CURRICULUM TO EDUCATE ARTISTS AND DESIGNERS IN COMMUNICATION ARTS AND INDUSTRIAL DESIGN. THE COLLEGE OFFERS A BACHELOR OF FINE ARTS DEGREE IN SIX MAJORS - ADVERTISING, FILM, FINE ART, GRAPHIC DESIGN, ILLUSTRATION AND PHOTOGRAPHY AND IMAGING, AND A BACHELOR OF SCIENCE DEGREE IN FIVE MAJORS - ENVIRONMENTAL DESIGN, INTERACTION DESIGN, PRODUCT DESIGN, TRANSPORTATION DESIGN AND ENTERTAINMENT DESIGN. GRADUATE PROGRAMS LEAD TO THE MASTER OF FINE ARTS DEGREE IN FILM, FINE ART AND MEDIA DESIGN. THE GRADUATE PROGRAMS THAT OFFER THE MASTER OF SCIENCE DEGREE ARE ENVIRONMENTAL DESIGN, INDUSTRIAL DESIGN, AND TRANSPORTATION DESIGN. ALL EXPENDITURES RELATE TO ACADEMIC INSTRUCTION, PROGRAM SUPPORT AND OPERATION OF THE COLLEGE. THE FTE ENROLLMENT FOR JULY 2012 TO JUNE 2013 WAS APPROXIMATELY 4,620 STUDENTS. | Description |
| Total Program Service Expense | 102657770 | 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 | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 1 | 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 | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | 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 | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 1 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 312 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1565 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| 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 |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 23 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 22 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 1 | 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 | 1 | InvestmentInJointVenture |
| Written Policy Or Procedure | 1 | WrittenPolicyOrProcedure |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DIANE WITTENBERG | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6263962326 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1700 LIDA ST | AddressLine1 |
| City | PASADENA | City |
| State | CA | State |
| ZIP Code | 91103 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (35 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Average Hours Per Week RelatedAverageHoursPerWeekRelated | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|---|
| ROBERT C DAVIDSON JR | |||||||||
| CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 | |||
| CARL BASS | |||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||||
| DOUGLAS C BOYD | |||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||||
| LORNE M BUCHMAN | |||||||||
| PRESIDENT/CEO | 39.60 | X | X | 523395 | 0 | 53459 | 0.40 | ||
| WILLIAM T GROSS | |||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||||
| KIT HINRICHS | |||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||||
| TIMOTHY M KOBE | |||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||||
| GEORGE H LADYMAN | |||||||||
| TRUSTEE/FIRST VICE CHAIR | 1.00 | X | X | 0 | 0 | 0 | |||
| SAMUEL J MANN | |||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||||
| PETER W MULLIN | |||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||||
| REINER M TRILTSCH | |||||||||
| TRUSTEE/TREASURER | 1.00 | X | X | 0 | 0 | 0 | |||
| JUDY C WEBB | |||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||||
| ALYCE DE ROULET WILLIAMSON | |||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||||
| RONALD I BENSION | |||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||||
| WESLEY A COLEMAN | |||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||||
| JEFFREY L GLASSMAN | |||||||||
| TRUSTEE/SECRETARY | 1.00 | X | X | 0 | 0 | 0 | |||
| LINDA M GRIEGO | |||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||||
| CHARLES FLOYD JOHNSON | |||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||||
| MOLLY M MORGAN | |||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||||
| BONNIE R NASH | |||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||||
| CHARLES E NEARBURG | |||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||||
| RAYMOND VICKS TERMED 7912 | |||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||||
| LINDA A HILL | |||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||||
| GREG SILVERMAN | |||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||||
| RICHARD HALUSCHAK | |||||||||
| SR. VICE PRESIDENT & CFO | 40.00 | X | 239881 | 0 | 31281 | ||||
| MARK BREITENBERG | |||||||||
| SPECIAL ASSISTANT TO THE PRESIDENT | 24.00 | X | 56072 | 0 | 0 | 16.00 | |||
| FRED FEHLAU | |||||||||
| PROVOST | 40.00 | 262044 | 0 | 40754 | X | ||||
| ARWEN DUFFY | |||||||||
| SR. VICE PRESIDENT | 40.00 | 227377 | 0 | 39413 | X | ||||
| GEORGE FALARDEAU | |||||||||
| SR. VICE PRESIDENT | 40.00 | 194526 | 0 | 32702 | X | ||||
| CATHERINE BARON | |||||||||
| VICE PRESIDENT | 40.00 | 159753 | 0 | 28253 | X | ||||
| NIKOLAS HAFERMAAS | |||||||||
| CHAIR/EXECUTIVE DIRECTOR | 40.00 | 209536 | 0 | 38023 | X | ||||
| ANDREW OGDEN | |||||||||
| CHAIR | 40.00 | 204018 | 0 | 25668 | X | ||||
| DAVID MOCARSKI | |||||||||
| CHAIR | 40.00 | 204661 | 0 | 35300 | X | ||||
| LAURENCE DREIBAND | |||||||||
| CHAIR | 40.00 | 159726 | 0 | 33925 | X | ||||
| STEWART REED | |||||||||
| CHAIR | 40.00 | 156872 | 0 | 25712 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2597861 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 384490 | TotalOtherCompensation |
| Number Individuals GT100 K | 71 | 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 |
|---|---|---|---|---|---|
| UNIVERSAL PROTECTION SERVICE LP | |||||
| 639 WILSHIRE BLVD | LOS ANGELES | CA | 90017 | SECURITY | 811779 |
| SODEXHO | |||||
| 9801 WASHINGTON BLVD | GAITHERSBURG | MD | 20878 | CATERING | 517546 |
| SPECIALTY SERVICES | |||||
| 45 LAPORTE ST | ARCADIA | CA | 91006 | JANITORIAL | 382926 |
| JOHNSON CONTROLS INC | |||||
| 5757 N GREEN BAY AVE | MILKAUKEE | WI | 53200 | FACILITIES MAINTENANCE & REPAIRS | 370250 |
| FOLLETT HIGHER EDUCATION GROUP | |||||
| 3146 SOLUTIONS CENTER | CHICAGO | IL | 60677 | COLLEGE BOOKSTORE MANAGEMENT | 363838 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 22 | NumberOfContractorsGT100K |
| Fundraising Events | 60300 | FundraisingEvents |
| Government Grants | 25603130 | GovernmentGrants |
| All Other Contributions | 8288530 | AllOtherContributions |
| Noncash Contributions | 25132 | NoncashContributions |
| Total Contributions | 33951960 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION AND FEES | 611600 | 84405230 | 84405230 |
| AUXILIARY SERVICES | 611600 | 1174139 | 1174139 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 85579369 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1617099 | TotalRevenueColumn |
| Unrelated Business Revenue | 12135 | UnrelatedBusinessRevenue |
| Exclusion | $1,604,964 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4909 | TotalRevenueColumn |
| Exclusion | $4,909 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 73893953 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 49348010 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 24545943 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 24545943 | TotalRevenueColumn |
| Exclusion | $24,545,943 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 30977 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 60300 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 142629 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -111652 | TotalRevenueColumn |
| Exclusion | -$111,652 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 145587628 | TotalRevenueColumn |
| Related Or Exempt Function Income | 85579369 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 12135 | UnrelatedBusinessRevenue |
| Exclusion | $26,044,164 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39453867 | Total |
| Program Services | 39453867 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2060793 | Total |
| Program Services | 709840 | ProgramServices |
| Management And General | 1088835 | ManagementAndGeneral |
| Fundraising | 262118 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 33444925 | Total |
| Program Services | 31595421 | ProgramServices |
| Management And General | 1284285 | ManagementAndGeneral |
| Fundraising | 565219 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2416000 | Total |
| Program Services | 2282395 | ProgramServices |
| Management And General | 92775 | ManagementAndGeneral |
| Fundraising | 40830 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3857802 | Total |
| Program Services | 3644466 | ProgramServices |
| Management And General | 148139 | ManagementAndGeneral |
| Fundraising | 65197 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2558370 | Total |
| Program Services | 2416893 | ProgramServices |
| Management And General | 98241 | ManagementAndGeneral |
| Fundraising | 43236 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 319421 | Total |
| Management And General | 319421 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 122966 | Total |
| Management And General | 122966 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 67903 | Total |
| Fundraising | 67903 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 279689 | Total |
| Management And General | 279689 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3818462 | Total |
| Program Services | 3607301 | ProgramServices |
| Management And General | 146629 | ManagementAndGeneral |
| Fundraising | 64532 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 228503 | Total |
| Program Services | 215867 | ProgramServices |
| Management And General | 8774 | ManagementAndGeneral |
| Fundraising | 3862 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7069848 | Total |
| Program Services | 6678886 | ProgramServices |
| Management And General | 271482 | ManagementAndGeneral |
| Fundraising | 119480 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1303926 | Total |
| Program Services | 1231819 | ProgramServices |
| Management And General | 50071 | ManagementAndGeneral |
| Fundraising | 22036 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3624943 | Total |
| Program Services | 3424484 | ProgramServices |
| Management And General | 139197 | ManagementAndGeneral |
| Fundraising | 61262 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1054114 | Total |
| Program Services | 995821 | ProgramServices |
| Management And General | 40478 | ManagementAndGeneral |
| Fundraising | 17815 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 83827 | Total |
| Program Services | 79191 | ProgramServices |
| Management And General | 3219 | ManagementAndGeneral |
| Fundraising | 1417 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 508253 | Total |
| Program Services | 480147 | ProgramServices |
| Management And General | 19517 | ManagementAndGeneral |
| Fundraising | 8589 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1634937 | Total |
| Program Services | 1544525 | ProgramServices |
| Management And General | 62782 | ManagementAndGeneral |
| Fundraising | 27630 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2286422 | Total |
| Program Services | 2159982 | ProgramServices |
| Management And General | 87799 | ManagementAndGeneral |
| Fundraising | 38641 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| UNCOLLECTIBLE ACCOUNTS | 966864 | 913396 | 37128 | 16340 |
| BOND DEBT FEES | 802542 | 758161 | 30818 | 13563 |
| COST OF STUDENT MATERIA | 332908 | 314498 | 12784 | 5626 |
| LICENSES, PERMITS, DUES | 159638 | 150810 | 6130 | 2698 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 108456923 | Total |
| Program Services | 102657770 | ProgramServices |
| Management And General | 4351159 | ManagementAndGeneral |
| Fundraising | 1447994 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7999 | BOY |
| EOY | 8000 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23957621 | BOY |
| EOY | 17295788 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 781936 | BOY |
| EOY | 5282433 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4825215 | BOY |
| EOY | 5838440 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 82340 | BOY |
| EOY | 83359 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 846796 | BOY |
| EOY | 899710 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 64865285 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 14836177 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 49290499 | BOY |
| EOY | 50029108 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 71482268 | BOY |
| EOY | 86832498 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 101008 | BOY |
| EOY | 5623248 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1864013 | BOY |
| EOY | 1126200 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15898532 | BOY |
| EOY | 14017695 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 169138227 | BOY |
| EOY | 187036479 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12332917 | BOY |
| EOY | 8603968 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10061019 | BOY |
| EOY | 10553511 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48735000 | BOY |
| EOY | 47210000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 442805 | BOY |
| EOY | 197053 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 71571741 | BOY |
| EOY | 66564532 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42820829 | BOY |
| EOY | 53282989 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9934755 | BOY |
| EOY | 21986736 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 44810902 | BOY |
| EOY | 45202222 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 97566486 | BOY |
| EOY | 120471947 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 169138227 | BOY |
| EOY | 187036479 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 37130705 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | -17641724 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 3416480 | ReconcilationOtherChanges |
| 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 Consolidated | X | FinancialStatementConsolidated |
| 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 | 58480000 | BeginningOfYearBalance |
| Contributions | 5626000 | Contributions |
| Investment Earnings Or Losses | 7910000 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 2156000 | GrantsOrScholarships |
| Administrative Expenses | 154000 | AdministrativeExpenses |
| End Of Year Balance | 69706000 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 50393000 | BeginningOfYearBalance |
| Contributions | 10213000 | Contributions |
| Investment Earnings Or Losses | -289000 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1712000 | GrantsOrScholarships |
| Administrative Expenses | 125000 | AdministrativeExpenses |
| End Of Year Balance | 58480000 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 42039000 | BeginningOfYearBalance |
| Contributions | 1263000 | Contributions |
| Investment Earnings Or Losses | 9743000 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1500000 | GrantsOrScholarships |
| Other Expenditures | 1023000 | OtherExpenditures |
| Administrative Expenses | 129000 | AdministrativeExpenses |
| End Of Year Balance | 50393000 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 42938000 | BeginningOfYearBalance |
| Contributions | 903000 | Contributions |
| Investment Earnings Or Losses | -878000 | InvestmentEarningsOrLosses |
| Other Expenditures | 830000 | OtherExpenditures |
| Administrative Expenses | 94000 | AdministrativeExpenses |
| End Of Year Balance | 42039000 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 33432000 | BeginningOfYearBalance |
| Contributions | 585000 | Contributions |
| Investment Earnings Or Losses | 10782000 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1253000 | GrantsOrScholarships |
| Other Expenditures | 384000 | OtherExpenditures |
| Administrative Expenses | 224000 | AdministrativeExpenses |
| End Of Year Balance | 42938000 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.22480 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.64580 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.12940 | 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 | 3679010 | OtherCostOrOtherBasis |
| Book Value | 3679010 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 49291982 | OtherCostOrOtherBasis |
| Depreciation | 13445502 | Depreciation |
| Book Value | 35846480 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1455123 | OtherCostOrOtherBasis |
| Depreciation | 607824 | Depreciation |
| Book Value | 847299 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 10439170 | OtherCostOrOtherBasis |
| Depreciation | 782851 | Depreciation |
| Book Value | 9656319 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 50029108 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (3 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| DEBT ISSUANCE COST | 990490 |
| RESTRICTED USE OF CASH | 11385953 |
| OTHER ASSETS | 1641252 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 14017695 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | FEDERAL LOANS | Description |
| Amount | $197,053 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 197053 | TotalOfAmounts |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | Identifier |
| Return Reference | PART V, LINE 4: | ReturnReference |
| Explanation | THE ENDOWMENTS ARE RESTRICTED BY THE DONORS FOR SCHOLARSHIPS AND SUPPORT FOR EDUCATIONAL PROGRAMS AND INITIATIVES. THE BOARD-DESIGNATED QUASI-ENDOWMENT IS RESTRICTED FOR SCHOLARSHIPS. | Explanation |
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 | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | SCHEDULE E, PART I, LINE 3 | THE COLLEGE PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH BROCHURES, PRINT MEDIA, REGISTRATION MATERIALS AND ITS WEBSITE. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | THE COLLEGE ADMINISTERS VARIOUS SCHOLARSHIP PROGRAMS AND LOANS PROVIDED BY GOVERNMENTAL AGENCIES (INCLUDING DIRECT LOANS (SUBSIDIZED AND UNSUBSIDIZED), PELL GRANTS, SEOG AND FEDERAL WORK STUDY PROGRAMS) AND AWARDS ARE MADE BASED UPON THE CRITERIA ESTABLISHED BY THE GOVERNMENTAL AGENCY. |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (8 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| EUROPE (INCLUDING ICELAND AND GREENLAND) | 0 | 0 | PROGRAM SERVICE | STUDY ABROAD SEMESTER - #12239 & #00274 TEST LAB BERLIN | 205000 |
| EAST ASIA AND THE PACIFIC | 0 | 0 | PROGRAM SERVICE | STUDY ABROAD SEMESTER - #00251 INSEAD | 105000 |
| EUROPE (INCLUDING ICELAND AND GREENLAND) | 0 | 0 | PROGRAM SERVICE | STUDY ABROAD SEMESTER - #00262 LONDON ANCIENT MODERN | 47000 |
| EAST ASIA AND THE PACIFIC | 0 | 0 | PROGRAM SERVICE | STUDY ABROAD SEMESTER - TAMA ART UNIVERSITY #00192 | 120000 |
| SUB-SAHARAN AFRICA | 0 | 0 | PROGRAM SERVICES | STUDY ABROAD RESEACH PROJECT - UGANDA UNICEF FIELD CORE PROJECT #13100 & 13103 | 145000 |
| EUROPE (INCLUDING ICELAND AND GREENLAND) | 0 | 0 | PROGRAM SERVICES | ESADE EXECUTIVE EDUCATION SEMINAR #11216 | 16000 |
| SOUTH AMERICA | 0 | 0 | PROGRAM SERVICES | DESIGN MATTERS RESEARCH PROJECTS | 11600 |
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | INVESTMENTS | 5484835 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 6134435 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 6134435 | TotalAmountSpent |
| Transfer To Foreign Corp | 1 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | ActivityActivity | Fundraiser Control Of FundsFundraiserControlOfFunds | Gross ReceiptsGrossReceipts | Amount Retained By ContractorAmountRetainedByContractor | Net To OrganizationNetToOrganization |
|---|---|---|---|---|---|---|---|---|
| GRENZEBACH GLIER & ASSOCIATES INC | ||||||||
| 401 N MICHIGAN AVENUE | CHICAGO | IL | 60611 | FUNDRAISING PROGRAM CONSULTING | 0 | 0 | 26261 | -26261 |
| MARTS & LUNDY | ||||||||
| 1200 WALL ST WEST | LYNDHURST | NJ | 07071 | FUNDRAISING PROGRAM CONSULTING | 0 | 0 | 41642 | -41642 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | 67903 | TotalRetainedByContractors |
| Total Net To Organization | -67903 | TotalNetToOrganization |
| Licensed States | CA | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | CAR CLASSIC | NameOfEvent1 |
| Gross Receipts Event1 | 91277 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 60300 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 30977 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 27431 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 16377 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 98821 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 91277 | GrossReceiptsTotal |
| Charitable Contributions Total | 60300 | CharitableContributionsTotal |
| Gross Revenue Total Events | 30977 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 27431 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 16377 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 98821 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 142629 | DirectExpenseSummaryEvents |
| Net Income Summary | -111652 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (5 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| UNDERGRADUATE SCHOLARSHIPS | 1585 | 12135227 |
| GRADUATE SCHOLARSHIPS | 165 | 1825770 |
| PELL GRANTS, SEOG, FEDERAL WORK STUDY, DIRECT LOANS | 2658 | 24768184 |
| STUDENT SPECIAL CIRCUMSTANCE TUITION WAIVERS - MEDICAL | 7 | 30280 |
| EDUCATION PROGRAM TUITION DISCOUNTS | 596 | 694405 |
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: GRANT FUNDS ARE RECORDED IN A PROJECT ACCOUNT SO THAT ALL ASSOCIATED REVENUES AND EXPENSES ARE ACCOUNTED FOR RELATED TO A SPECIFIC GRANT. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | 1 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (11 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LORNE M BUCHMAN | ||||||||||||||
| PRESIDENT/CEO | 423395 | 0 | 100000 | 0 | 0 | 0 | 32974 | 0 | 20485 | 0 | 576854 | 0 | 0 | 0 |
| RICHARD HALUSCHAK | ||||||||||||||
| SR. VICE PRESIDENT & CFO | 239881 | 0 | 0 | 0 | 0 | 0 | 31281 | 0 | 0 | 0 | 271162 | 0 | 0 | 0 |
| FRED FEHLAU | ||||||||||||||
| PROVOST | 262044 | 0 | 0 | 0 | 0 | 0 | 32974 | 0 | 7780 | 0 | 302798 | 0 | 0 | 0 |
| ARWEN DUFFY | ||||||||||||||
| SR. VICE PRESIDENT | 227377 | 0 | 0 | 0 | 0 | 0 | 29377 | 0 | 10036 | 0 | 266790 | 0 | 0 | 0 |
| GEORGE FALARDEAU | ||||||||||||||
| SR. VICE PRESIDENT | 194526 | 0 | 0 | 0 | 0 | 0 | 23978 | 0 | 8724 | 0 | 227228 | 0 | 0 | 0 |
| CATHERINE BARON | ||||||||||||||
| VICE PRESIDENT | 159753 | 0 | 0 | 0 | 0 | 0 | 18581 | 0 | 9672 | 0 | 188006 | 0 | 0 | 0 |
| NIKOLAS HAFERMAAS | ||||||||||||||
| CHAIR/EXECUTIVE DIRECTOR | 209536 | 0 | 0 | 0 | 0 | 0 | 26553 | 0 | 11470 | 0 | 247559 | 0 | 0 | 0 |
| ANDREW OGDEN | ||||||||||||||
| CHAIR | 204018 | 0 | 0 | 0 | 0 | 0 | 25668 | 0 | 0 | 0 | 229686 | 0 | 0 | 0 |
| DAVID MOCARSKI | ||||||||||||||
| CHAIR | 204661 | 0 | 0 | 0 | 0 | 0 | 25628 | 0 | 9672 | 0 | 239961 | 0 | 0 | 0 |
| LAURENCE DREIBAND | ||||||||||||||
| CHAIR | 159726 | 0 | 0 | 0 | 0 | 0 | 18433 | 0 | 15492 | 0 | 193651 | 0 | 0 | 0 |
| STEWART REED | ||||||||||||||
| CHAIR | 156872 | 0 | 0 | 0 | 0 | 0 | 17932 | 0 | 7780 | 0 | 182584 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 7 | ReturnReference |
| Explanation | PRESIDENT LORNE BUCHMAN RECEIVED A DISCRETIONARY BONUS DURING FISCAL YEAR 2013. IT WAS DETERMINED BY THE BOARD OF TRUSTEES AND BASED ON PROPOSED GOALS PROVIDED BY THE CEO/PRESIDENT. THE GOALS MUST BE SPECIFIC, MEASURABLE AND ATTAINABLE, AND INCLUDE GOALS RELATING TO FISCAL MANAGEMENT OF ART CENTER. IT IS BASED ON THE BOARD OF TRUSTEE'S ASSESSMENT OF MEETING THE GOALS SET. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Bond ReferenceBondReferenceCd | Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|---|
| CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY | ||||||||
| A | 521705592 | 130178TR7 | 2009-08-13 | 9940000 | CONSTRUCT SOUTH CAMPUS CLASSROOMS; REFINANCE EXISTING TAXABLE LOAN | 0 | 0 | 0 |
| CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY | ||||||||
| B | 521705592 | 130178K54 | 2012-02-07 | 20000000 | ACQUISITION, CONSTRUCTION, IMPROV. AND/OR EQUIPPING OF EDUC. FACILITIES. | 0 | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Bond ReferenceBondReferenceCd | Amount RetiredAmountRetired | Total ProceedsTotalProceeds | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Credit EnhancementCreditEnhancement | Capital ExpendituresCapitalExpenditures | Other Spent ProceedsOtherSpentProceeds | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind | Amount In Reserve FundAmountInReserveFund |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | 455000 | 9940000 | 424053 | 27504 | 3764969 | 5723474 | 2012 | 1 | 0 | 1 | 1 | |
| B | 645000 | 20007162 | 309343 | 8311492 | 0 | 0 | 0 | 1 | 11386327 |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Bond Iss Meet Prvt Security Pay TestBondIssMeetPrvtSecurityPayTest | Change In Use Bond Financed PropChangeInUseBondFinancedProp | Non Qualified Bond Remed ProcdrsNonQualifiedBondRemedProcdrs |
|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | 1 |
| B | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | 1 |
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 | Term Of HedgeTermOfHedge | Superintegrated HedgeSuperintegratedHedge | Hedge TerminatedHedgeTerminated | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Written Proc To Monitor ReqsWrittenProcToMonitorReqs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WELLS FARGO BANK | ||||||||||||
| A | 0 | 0 | 1 | 0 | 1 | 1 | 27.830000000000 | 1 | 0 | 0 | 0 | 1 |
| WELLS FARGO BANK | ||||||||||||
| B | 0 | 0 | 0 | 1 | 1 | 1 | 28.500000000000 | 1 | 0 | 0 | 0 | 1 |
Form990 Schedule K Part V Form990ScheduleKPartV (2 entries)
| Bond ReferenceBondReferenceCd | Proc To Undertk Corrective ActionProcToUndertkCorrectiveAction |
|---|---|
| A | 0 |
| B | 0 |
Form990 Schedule K Part VI Form990ScheduleKPartVI (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SCHEDULE K PART IV, ARBITRAGE, LINE 2C | DATE REBATE COMPUTATION PERFORMED | ISSUER NAME: CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 02/13/2013 |
| SCHEDULE K, PART I, ISSUE A, COLUMN (F): | BOND PROCEEDS WERE USED, IN PART, TO REFINANCE A TAXABLE LOAN THAT WAS USED TO CONSTRUCT CLASSROOMS, GALLERIES, STUDIO SPACE AND ADMINISTRATIVE OFFICE ON THE COLLEGE'S SOUTH CAMPUS. IN ADDITION, THE COLLEGE USED A PORTION OF THE PROCEEDS TO REIMBURSE EXPENDITURES RELATED TO THE COMPLETION OF SEVERAL RENOVATION PROJECTS ON THE SOUTH CAMPUS. THE COLLEGE'S SOUTH CAMPUS IS IN A FORMER INDUSTRIAL ZONE NOW DESIGNATED BY THE CITY OF PASADENA FOR RESEARCH, MEDICAL AND EDUCATIONAL USES AND THE BUILDING AMONG THE FIRST LEED CERTIFIED BUILDINGS IN THE CITY. | |
| SCHEDULE K, PART II, LINE 3, COLUMN B: | THE DIFFERENCE BETWEEN THE ISSUE PRICE REPORTED IN PART I, COLUMN (E) AND THE TOTAL PROCEEDS REPORTED ON PART II, LINE 3 IS DUE TO INTEREST EARNED. |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 482 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 25132 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | HIGH/LOW AVG. OF FMV | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (2 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | FURNITURES | 15 | 0 | VALUE NOT ASSIGNED |
| X | PHOTO EQUIP. | 40 | 0 | VALUE NOT ASSIGNED |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 1 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | NON REPORTING OF REVENUE: | Identifier |
| Return Reference | PART I, LINE 33: | ReturnReference |
| Explanation | THE COLLEGE RECEIVED DONATED GIFTS, INCLUDING FURNITURE, PHOTO EQUIPMENT AND ACCESSORIES. IT IS THE POLICY OF THE COLLEGE TO RECORD DONATED GIFTS WITH A FAIR MARKET VALUE OF $1.00 OFFSET BY A $1.00 EXPENSE. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 4 | ARTICLE VIII - TRUSTEES SECTION 8.02(B): WE HAVE MODIFIED THE LANGUAGE ABOUT BOARD AUTHORITY TO CONFORM WITH WASC STANDARDS. SECTION 8.02(C)(V), (VII), (VIII), AND (IX): WE HAVE A) EXTENDED THE BOARD'S RESPONSIBILITY TO ESTABLISH GENERAL POLICIES PREVIOUSLY PERTAINING TO FACULTY APPOINTMENTS, PROMOTION, DISMISSAL AND NON-DISCRIMINATION TO NOW INCLUDE ALL EMPLOYEES, B) CLARIFIED THE BOARD'S RESPONSIBILITY TO APPROVE BOTH AN ANNUAL OPERATING BUDGET AND AN ANNUAL CAPITAL BUDGET, C) CLARIFIED THE BOARD'S RESPONSIBILITY TO AUTHORIZE CAPITAL EXPENDITURES OVER AND ABOVE THE ANNUAL CAPITAL BUDGET, AND D) CONSOLIDATED THE BOARD'S RESPONSIBILITIES FOR AUTHORIZING AND FINANCING NEW BUILDINGS AND PURCHASE OR SALE OF REAL PROPERTY. SECTION 8.05(F) AND (H): COUNSEL RECOMMENDS THAT HONORARY TRUSTEES AND CONSTITUENT REPRESENTATIVES CONTINUE TO BE ELECTED BY THE BOARD. BECAUSE THE STUDENTS, FACULTY AND DEPARTMENT CHAIRS WHO SERVE AS CONSTITUENT REPRESENTATIVES SOMETIMES HAVE SCHEDULING CONFLICTS THAT PREVENT THEIR PARTICIPATION IN MEETINGS, WE HAVE MODIFIED THIS SECTION TO INCLUDE AN ELECTED ALTERNATE. ARTICLE IX - COMMITTEES SECTION 9.01: WE CLARIFIED THE PROCESS BY WHICH THE BOARD CAN CREATE COMMITTEES AND SUBCOMMITTEES, THE ROLE OF THE CHAIR TO NOMINATE COMMITTEE MEMBERS, AND THE ROLE OF THE GOVERNANCE COMMITTEE TO APPROVE THEM. SECTION 9.02(D), (E) AND (F): THE GOVERNANCE COMMITTEE HAS ASSUMED OVERSIGHT OF THE COLLEGE'S GOVERNANCE POLICIES AND BEST PRACTICES, AND WE ADDED THIS TO ITS RESPONSIBILITIES. THE ACADEMIC AFFAIRS COMMITTEE HAS NOT BEEN PROVIDING OVERSIGHT OF FACULTY COMPENSATION AND BENEFIT PACKAGES, WHICH SHOULD BE CONSISTENT WITH THOSE FOR ALL OTHER EMPLOYEES, SO WE REMOVED THIS RESPONSIBILITY FROM ITS PURVIEW. IN AN EFFORT TO AVOID POTENTIAL CONFUSION BETWEENGOVERNANCE AND MANAGEMENT, WE REMOVED OVERSIGHT OF THE INSTITUTIONAL ADVANCEMENT DIVISION OF THE COLLEGE FROM THE ADVANCEMENT COMMITTEE'S PURVIEW. ARTICLE X - OFFICERS OF THE CORPORATION SECTION 10.03(B): WE RENAMED THE VICE CHAIR-CHAIR ELECT AS THE "FIRST VICE CHAIR" IN AN EFFORT TO REFLECT THE ROLE MORE ACCURATELY IN THE TITLE. THE BYLAWS ALLOW FOR MULTIPLE VICE CHAIRS; HOWEVER, THE FIRST VICE CHAIR ACTS AS CHAIR WHEN THE CHAIR IS ABSENT AND WOULD COMPLETE THE CHAIR'S TERM IN THE EVENT OF HIS OR HER UNEXPECTED DEPARTURE. SECTION 10.07: IN CONSIDERATION OF THE FACT THAT THE PRESIDENT AND THE CFO MAY BOTH BE AWAY FROM THE COLLEGE AT THE SAME TIME, WE CHANGED THE SECTION ON ABSENCE OR DISABILITY TO GIVE THE PRESIDENT LATITUDE TO DESIGNATE ONE OR MORE MEMBERS OF THE EXECUTIVE STAFF TO ACT IN HIS PLACE WHEN HE IS ABSENT. WE FURTHER CLARIFIED THAT THE BOARD MAY APPOINT AN ACTING PRESIDENT IN THE EVENT OF THE PRESIDENT'S EXTENDED ABSENCE OR DISABILITY. ARTICLE XV - NON-DISCRIMINATION WE UPDATED AND STRENGTHENED THE LANGUAGE PERTAINING TO NON-DISCRIMINATION TO MEET CURRENT STANDARDS. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 IS REVIEWED FIRST BY THE CONTROLLER AND THE CHIEF FINANCIAL OFFICER. IT IS THEN REVIEWED BY THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES AND AN ELECTRONIC COPY IS MADE AVAILABLE TO THE FULL BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE COLLEGE'S CONFLICT OF INTEREST POLICY COVERS ALL TRUSTEES, OFFICERS, MEMBERS OF MANAGEMENT AND COMMITTEE MEMBERS. EACH COVERED PERSON MUST ATTEST ANNUALLY THAT THEY ARE IN COMPLIANCE WITH THE POLICY. THE STATEMENTS ARE REVIEWED EACH YEAR BY THE AUDIT COMMITTEE. THE GOVERNANCE COMMITTEE DETERMINES IF CONFLICT EXISTS. ANY TRANSACTION IN WHICH A CONFLICT MAY EXIST MUST BE APPROVED BY THE BOARD OF TRUSTEES. ANY PERSON WITH A CONFLICT MAY NOT PARTICIPATE IN THE BOARDS DELIBERATIONS OR VOTE WITH REGARD TO THE TRANSACTION. | |
| FORM 990, PART VI, SECTION B, LINE 15 | A) PRESIDENT AND CEO - THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS COMPARABLE DATA FROM A VARIETY OF SOURCES AND INCLUDES RESEARCH AND ADVICE FROM ONE OR MORE INDEPENDENT COMPENSATION CONSULTANTS AND ATTORNEYS. THE EXECUTIVE COMMITTEE THEN MAKES A RECOMMENDATION TO THE FULL BOARD OF TRUSTEES FOR APPROVAL. B) OFFICERS AND OTHER KEY EMPLOYEES - THE PRESIDENT SETS THE SALARIES FOR THESE POSITIONS USING COMPARABLE DATA STUDIES. COMPENSATION FOR PRESIDENT, OTHER OFFICERS, AND KEY EMPLOYEES IS REVIEWED ON AN ANNUAL BASIS. | |
| FORM 990, PART VI, SECTION C, LINE 19 | ARTICLES OF INCORPORATION, BYLAWS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. | |
| FORM 990, PART XI, LINE 9: | GAIN ON INTEREST SWAP 3,498,596. ACTUARIAL ADJUSTMENT -82,116. | CHANGES IN NET ASSETS OR FUND BALANCES: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DESIGN ACCELERATOR INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1700 LIDA STREET | AddressLine1 |
| City | PASADENA | City |
| State | CA | State |
| ZIP Code | 91103 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 462703937 | EIN |
| Primary Activity | COMPUTER SYSTEM DESIGN | PrimaryActivity |
| Legal Domicile State | CA | LegalDomicileState |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Type Of Entity | C | TypeOfEntity |
| Percentage Ownership | 1.00000 | PercentageOwnership |
| Controlled Org | 1 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DESIGN ACCELERATOR INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | O | TransactionType |
| Amount Involved | 164739 | AmountInvolved |
| Method Of Amt Determination | FMV | MethodOfAmtDetermination |