2013-05-07T17:57:45-05:00 2012-06-30 KPMG LLP 355 S Grand Ave Suite 2000 Los Angeles CA 90071 990 2011-07-01 953909672 Soka University of America % ARCHIBALD ASAWA SOKA 9494804000 1 University Drive Aliso Viejo CA 92656 archibald asawa 2013-05-03 true 2139724000 2011 2016-03-07 17:11:31Z YOSHINOBU HABUKI 1 University Drive Aliso Viejo CA 92656 295637078 false X www.soka.edu X 1984 CA as a regionally accredited degree granting (M.A., B.A.) institution of higher education, this university's mission is to foster a steady stream of global citizens committed to living a contributive life. 15 13 509 175 -467978 -970724 514266968 10400162 15662178 17238359 27067344 29511870 424958 764178 557421448 57914569 8304625 9877444 0 0 15742480 16467614 0 0 958888 27500333 31238882 51547438 57583940 505874010 330629 1418715717 1389184045 3409613 4210769 1415306104 1384973276 X SOKA UNIVERSITY OF AMERICA (SUA) IS A PRIVATE, INDEPENDENT, NON-PROFIT, PUBLIC-BENEFIT, CO-EDUCATIONAL, COMPREHENSIVE INSTITUTION OF HIGHER LEARNING. FOUNDED ON THE BUDDHIST PRINCIPLES OF PEACE, HUMAN RIGHTS AND THE SANCTITY OF LIFE, SUA IS OPEN TO STUDENTS OF ALL NATIONALITIES AND BELIEFS AND IS COMMITTED TO DIVERSITY IN ITS ACADEMIC COMMUNITY. CURRENTLY, THE UNIVERSITY HAS OVER 420 STUDENTS, WITH APPROXIMATELY 40% COMING FROM OUTSIDE OF THE UNITED STATES, REPRESENTING OVER 30 DIFFERENT COUNTRIES. THE MISSION OF SOKA UNIVERSITY OF AMERICA IS TO FOSTER A STEADY STREAM OF GLOBAL CITIZENS COMMITTED TO LIVING A CONTRIBUTIVE LIFE. EMPHASIZING A NON-SECTARIAN AND HUMANISTIC CURRICULUM, THE UNIVERSITY STRIVES TO: - FOSTER LEADERS OF CULTURE IN THE COMMUNITY. - FOSTER LEADERS OF HUMANISM IN SOCIETY. - FOSTER LEADERS OF PACIFISM IN THE WORLD. - FOSTER LEADERS FOR THE CREATIVE COEXISTENCE OF NATURE AND HUMANITY. BASED ON THE SUA EDUCATIONAL PRINCIPLES, EDUCATION IS VIEWED AS AN INTEGRATING PROC false false 36577995 9877444 16549717 Bachelor of Arts in Liberal Arts : Bachelor of Arts Degree in the Liberal Arts with concentrations in environmental studies, humanities, international studies, and social and behavioral sciences (441 Students). 248830 Masters in TESOL : Master of Arts Degree in second and foreign language education with a concentration in teaching english to speakers of other languages (TESOL)-(3 students). 2322412 688642 Pacific Basin Research Center and English as a Second Language ("ESL") Program Services (28 students). 39149237 true true false false false false false true false true true true false false true false true false true false true false true false true false false false true true false false false true false false true false true true false false false true false false false false true 111 0 true 509 true true true false false false false true true false false false false X 15 13 true false false false true true true true true false false true true true true true true true true false CA X ARCHIBALD ASAWA 9494804000 1 UNIVERSITY DRIVE ALISO VIEJO CA 926568081 X STEPHEN S DUNHAM JD 1.0 X X TARIQ HASAN PHD 1.0 X X YOSHIHISA BABA PHD 1.0 X MATILDA BUCK 1.0 X LAWRENCE E CARTER SR PHD 1.0 X MARIA GUAJARDO PHD 1.0 X CLOTHILDE V HEWLETT JD 1.0 X LARRY A HICKMAN PHD 1.0 X KRIS D KNUDSEN JD 1.0 X KAREN K LEWIS PHD 1.0 X DANIEL NAGASHIMA MBA 1.0 X MITSUNARI OKAMOTO MBA 1.0 X DAVID P ROSELLE PHD 1.0 X KENJI YOSHIGO 1.0 X 0 123366 0 PAULETTE BETHEL PHD 1.0 X YOSHINOBU HABUKI 40.0 X 242500 0 34604 DAVID M NAKABAYASHI 40.0 X 100800 0 16692 TOMOKO TAKAHASHI 40.0 X 205000 0 22130 ARCHIBALD E ASAWA 40.0 X 215000 0 29083 EDWARD FEASEL 40.0 X 192508 0 29095 JOHN HEFFRON 40.0 X 177508 0 35318 ARIE A GALLES 40.0 X 153917 0 20643 SAEED FAKHRIRAVARI 40.0 X 138039 0 28414 ROBERT ALLINSON 40.0 X 143096 0 31816 JAMES MEROD 40.0 X 145167 0 18309 GAIL THOMAS 40.0 X 136214 0 38201 1849749 123366 304305 28 false true false FACILITY SERVICE PARTNERS LLC 19201 WILLOW BROOK LANE TRABUCO CANYON CA 92679 CAMPUS MAINTENANCE 3186423 CAMBRIDGE ASSOCIATES LLC 100 SUMMER STREET BOSTON MA 021102112 INVEST. CONSULTING 1406844 KPMG LLP PO BOX 120001 DALLAS TX 756120966 ACCOUNTING SERVICES 219749 MICHELLE M MARTIN 620 CAMINO DE LOS MARES E-504 SAN CLEMENTE CA 926732830 MARKETING 135434 MUSICK PEELER GARRETT LLP ONE WILSHIRE BLVD SUITE 2000 LOS ANGELES CA 900173383 legal services 120172 6 727165 9672997 92528 10400162 TUITION & FEES 611710 12661227 12661227 HOUSING & FOOD SERVICES 721000 4299690 4299690 OTHER AUXILIARY SERVICES 721000 277442 277442 17238359 18480111 -759577 19239688 0 0 556673 51347 505326 505326 505326 248430096 237398337 11031759 11031759 11031759 152887 727165 272825 -119938 -119938 0 0 PERFORMING ARTS CENTER 900099 291599 291599 REFUNDS & REBATES 900099 58566 58566 VENDING REVENUE 721000 2391 2391 26234 26234 378790 57914569 17238359 -467978 30744026 0 9674974 9674974 202470 202470 0 1194558 378958 815600 0 11053183 7750467 2966744 335972 981301 651338 303045 26918 2254396 1496353 696202 61841 984176 653246 303933 26997 0 141217 141217 219749 219749 0 0 2600967 2600967 2311841 1723662 547039 41140 1075328 15132 1060196 1236677 703986 491385 41306 973476 368363 594869 10244 0 3302490 2786915 515575 299017 27914 264350 6753 0 10639 10639 0 0 9509215 7774565 1734650 969194 235543 733651 FOOD SERVICE EXPENSE 1493968 1493968 INTERNSHIP PROGRAM EXPENSES 1750500 1750500 SECURITY 536100 536100 PERFORMING ARTS CENTER 826011 826011 3982493 1450244 2124532 407717 57583940 39149237 17475815 958888 200 350 542035 314619 300000000 100000000 0 0 300000 300000 0 0 2298937 2536103 0 0 406458 434981 427943239 98732011 329480975 329211228 259092142 252484138 517146620 694213713 4744033 4984596 0 0 4704317 4704317 1418715717 1389184045 3087156 4020311 0 0 172457 40458 0 0 0 0 0 0 0 0 0 0 150000 150000 3409613 4210769 X 439189205 424173276 177702447 161238000 798414452 799562000 1415306104 1384973276 1418715717 1389184045 X 330629 -30663457 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 4704317 0 0 X X X X false 1062631183 10003601 1071465 5700000 31300000 1194124 1035512125 480510882 511099522 98473829 5500000 21000000 953050 1062631183 438744555 9628330 54264241 5500000 15400000 1226244 480510882 556623526 8254310 -102272073 5700000 16200000 1961208 438744555 0.07210 0.77210 0.15580 false false 44634547 44634547 354796298 80970854 273825444 15177275 13342587 1834688 13335119 4418570 8916549 329211228 U.S. EQUITY SEC. FUNDS 96241287 F GLOBAL EQUITY FUNDS 63462351 F EMERGING MARKET FUNDS 31571378 F BOND FUNDS 171255838 F HEDGE FUNDS 258040825 F INFLATION PROTECTION FUNDS 73642034 F 694213713 0 SELF-INSURANCE RESERVE 150000 150000 57914569 57583940 330629 -20847138 -9816319 -30663457 -30332828 16723652 -20847138 17484 324172 -20505482 37229134 1194124 19491311 20685435 57914569 47056480 17484 324172 341656 46714824 1194124 9674992 10869116 57583940 Collection of Art SCHEDULE D, PART III, Line 4, Variety of painting, sculptures and rare books are available for research and loaning as a public benefit. Endowment Funds SCHEDULE D, PART V, Line 4 THE ENDOWMENT PROCEEDS FUND SCHOLARSHIPS, UNIVERSITY OPERATIONS, CAPITAL RENEWAL, ACADEMIC RESEARCH AND SUPPORT FOR CLASSROOMS. FIN 48 (ASC 740) FOOTNOTE SCHEDULE D, PART X, LINE 2 THE PREPARATION OF FINANCIAL STATEMENTS IN CONFORMITY WITH U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PRESCRIBES FOR ALL ENTITIES, INCLUDING PASS-THROUGH ENTITIES, MINIMUM THRESHOLDS FOR FINANCIAL STATEMENT RECOGNITION OF A POSITION TAKEN IN FILING TAX RETURNS (INCLUDING WHETHER AN ENTITY IS TAXABLE IN A PARTICULAR JURISDICTION) AND REQUIRES CERTAIN EXPANDED TAX DISCLOSURES. NO SUCH UNCERTAIN TAX POSITIONS EXIST FOR THE UNIVERSITY AT JUNE 30, 2012 AND 2011, RESPECTIVELY. THE UNIVERSITY FILES TAX RETURNS IN THE U.S. FEDERAL AND VARIOUS STATE JURISDICTIONS. WITH FEW EXCEPTIONS, THE UNIVERSITY IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE AND LOCAL, OR NON-U.S. INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE YEARS BEFORE 2007. RECONCILIATION OF CHANGE IN NET ASSETS SCHEDULE D, PART XI, LINE 8 K-1 PARTNERSHIP INVESTMENT INCOME $(9,816,319) REVENUE ON BOOKS NOT ON RETURN SCHEDULE D, PART XII, LINE 2D FUNDRAISING EXPENSE REPORTED NET ON RETURN $ 272,825 RENTAL EXPENSE REPORTED NET ON RETURN $ 51,347 --------------- TOTAL $ 324,172 REVENUE ON RETURN BUT NOT ON BOOKS SCHEDULE D, PART XII, LINE 4B SCHOLARSHIPS REPORTED AS NET ON FINANCIAL STATEMENTS $ 9,065,666 K-1 PARTNERSHIP INVESTMENT INCOME $ 9,816,319 Federal Financial Aid net on Financial Statements $ 609,326 --------------- TOTAL $19,491,311 EXPENSES ON BOOKS BUT NOT ON RETURN SCHEDULE D, PART XIII, LINE 2D FUNDRAISING EXPENSE REPORTED NET ON RETURN $ 272,825 RENTAL EXPENSE REPORTED NET ON RETURN $ 51,347 --------------- TOTAL $ 341,656 EXPENSES ON RETURN BUT NOT ON BOOKS SCHEDULE D, PART XIII, LINE 4B SCHOLARSHIPS REPORTED AS NET ON FINANCIAL STATEMENTS $ 9,065,666 Federal Financial Aid net on Financial Statements $ 609,326 --------------- Total $ 9,674,992 true true true true true true true false false false false false false false false true false true FORM 990, SCHEDULE E, PART I, LINE 3 CLASSIFIED ADVERTISING SOKA UNIVERSITY PUBLISHES ITS NONDISCRIMINATORY POLICY IN THE NEWSPAPER IN ORDER TO MAKE THE POLICY KNOWN TO ALL PARTS OF THE GENERAL COMMUNITY IT SERVES. FORM 990, SCHEDULE E, PART I, LINE 6A U.S. DEPARTMENT OF EDUCATION FEDERAL PELL GRANT PROGRAM, FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT, AND FEDERAL WORK STUDY. true East Asia and the Pacific 0 Program Services LEARNING CLUSTER 56599 Central America and the Caribbean 0 Program Services LEARNING CLUSTER 32975 South America 0 Program Services LEARNING CLUSTER 15659 South Asia 0 Program Services LEARNING CLUSTER 16598 Europe (Including Iceland and Greenland) 0 Program Services STUDY ABROAD PROGRAM 418481 East Asia and the Pacific 0 Program Services STUDY ABROAD PROGRAM 1050480 Central America and the Caribbean 0 Program Services STUDY ABROAD PROGRAM 25505 South America 0 Program Services STUDY ABROAD PROGRAM 303086 North America 0 Program Services STUDY ABROAD PROGRAM 94767 0 0 2014150 2014150 STUDY ABROAD PROGRAM East Asia/Pacific 65 202470 CHECK/WIRE 0 N/A FMV true false false false true false MONITORING OF FUNDS SCHEDULE F, PART I, LINE 2 INSTITUTIONAL GRANTS ARE GIVEN BY SOKA UNIVERSITY OF AMERICA TO ELIGIBLE STUDENTS WHO MEET SPECIFIC ACADEMIC AND ACHIEVEMENT CRITERIA. THE PURPOSES OF THESE GRANTS ARE CLEARLY COMMUNICATED TO THE RECIPIENTS AND ARE INTERNALLY USED FOR EDUCATIONAL PURPOSES. PEACE GALA 880052 727165 152887 92528 180297 0 880052 727165 152887 92528 180297 272825 -119938 true INSTITUTIONAL GRANT 297 5448444 0 FMV N/A INSTITUTIONAL GRANT - MERIT SCHOLARSHIP 376 3499363 0 FMV N/A INSTITUTIONAL GRANT - RESIDENTIAL AWARDS 10 101220 0 FMV N/A FEDERAL WORK STUDY 43 33322 0 FMV N/A FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT 75 33165 FMV N/A FEDERAL PELL AWARD GRANT PROGRAM 134 559460 FMV N/A SCHEDULE I, PART I, LINE 2 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE UNITED STATES SOKA UNIVERSITY OF AMERICA SERVES AS A CONDUIT TO RECEIVE AND DISBURSE STUDENT AID FUNDS FROM GOVERNMENTAL AGENCIES SUCH AS THE DEPARTMENT OF EDUCATION UNDER THE FOLLOWING PROGRAMS: - FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT - FEDERAL PELL AWARD GRANT PROGRAM - FEDERAL WORK STUDY INSTITUTIONAL GRANTS ARE GIVEN BY SOKA UNIVERSITY OF AMERICA TO ELIGIBLE STUDENTS WHO MEET SPECIFIC ACADEMIC AND ACHIEVEMENT CRITERIA. THE PURPOSES OF THESE GRANTS ARE CLEARLY COMMUNICATED TO THE RECIPIENTS AND ARE INTERNALLY USED FOR EDUCATIONAL PURPOSES. X X X X false false false false false false false false false YOSHINOBU HABUKI 242500 0 0 0 0 0 24250 0 10354 0 277104 0 0 0 EDWARD FEASEL 192508 0 0 0 0 0 19251 0 9844 0 221603 0 0 0 ARIE A GALLES 153917 0 0 0 0 0 15392 0 5251 0 174560 0 0 0 SAEED FAKHRIRAVARI 138039 0 0 0 0 0 13804 0 14610 0 166453 0 0 0 ROBERT ALLINSON 143096 0 0 0 0 0 14310 0 17506 0 174912 0 0 0 JAMES MEROD 145167 0 0 0 0 0 14517 0 3792 0 163476 0 0 0 GAIL THOMAS 136214 0 0 0 0 0 13621 0 24580 0 174415 0 0 0 TOMOKO TAKAHASHI 205000 0 0 0 0 0 20500 0 1630 0 227130 0 0 0 ARCHIBALD E ASAWA 215000 0 0 0 0 0 21500 0 7583 0 244083 0 0 0 JOHN HEFFRON 177508 0 0 0 0 0 17751 0 17567 0 212826 0 0 0 ARIE A GALLES - HOUSING RELOC LOAN X 150000 150000 false true true TOMOKO TAKAHASHI - HOUSING RELOC LOAN X 150000 150000 false true true 300000 RUBY NAGASHIMA FAMILY MEMBER OF TRUSTEE 42438 salary and benefits false X 12 16550 retail value X 2089 retail value X WINE & beverages 17 1963 RETAIL VALUE X GIFT cards & CERTIFICATES 87 18341 RETAIL VALUE X GOLF EQUIPMENT 13 5425 RETAIL VALUE X EVENT TICKETS 6 735 RETAIL VALUE X TRAVEL PACKAGES 4 11325 RETAIL VALUE X GIFT BASKETS 14 1887 RETAIL VALUE X JEWELRY 14 455 RETAIL VALUE X luggage, brieFCASE & bags 8 4115 RETAIL VALUE X AUTO LEASE & accessaries 4 7810 RETAIL VALUE X ELECTRONICS 10 1083 RETAIL VALUE X TOY CARS 2 710 RETAIL VALUE X MEMORABILIA & collectables 13 13260 RETAIL VALUE X antiques 19 4960 retail value X scarfs & jackets 6 1820 retail value false false false LISTING OF CONTRIBUTIONS FORM 990, SCHEDULE M, PART I THE AMOUNTS IN PART I, COLUMN (B) REPRESENT THE NUMBER OF DONORS WHO PROVIDED CONTRIBUTIONS OF DONATED GOODS. GOVERNING BODY DELEGATING BROAD AUTHORITY FORM 990, PART VI, SECTION A, QUESTION 1A In order to allow Board action between meetings for urgent matters when it is impractical or impossible to arrange a meeting of the full Board, the Board has granted to an Executive Committee as much authority as is allowed under California law. MEMBER INFORMATION FORM 990, PART VI, SECTION A, QUESTION 6, 7A AND 7B Question 6: the organization is incorporated in the state of california as a 501(c)(3) non-profit public benefit corporation with a sole member, the soka gakkai. Question 7a: the organization's sole member has the right to vote for the election or removal of the members of the governing body. question 7b: decisions of the governing body regarding the disposition of all or substantially all of the assets of the organization, merger or dissolution of the organization, and any amendments to the articles of incorporation and most amendments to the bylaws are subject to approval by the sole member. process of reviewing form 990 form 990, part vi, section b, question 11 The Board of Trustees has delegated the review of the Form 990 to the Audit Committee. The organization's Chief Financial Officer works closely with the outside accounting firm it engages to review the return; and the final form of the 990 return is also reviewed by the Controller prior to providing the form to the Audit Committee. In addition to consulting with the Controller and Chief Financial Officer, the Audit Committee may at its discretion meet with any other university personnel involved with the preparation of the Form 990. The Audit Committee also met with the accounting firm hired to prepare the Form 990. Subsequent to its review, the Audit Committee reports back to the Board regarding its oversight of the Form 990 and the final version is provided to all of the voting members of the board before the return is filed. monitoring and enforcing compliance with the conflict of interest policy form 990, part vi, section b, question 12c The Board Secretary is charged with monitoring proposed or ongoing transactions for conflicts of interest and addressing any potential or actual conflicts. Pursuant to the Conflict of Interest Policy, an annual conflict of interest questionnaire, aimed at determining any family and business relationships and transactions or other transactions that may pose a potential conflict, is distributed to all covered persons (i.e., board members, officers and executive leadership or key employees). Covered persons are required to disclose real or potential conflicts at the time when such conflicts arise. When someone becomes a covered person and annually thereafter, each covered person is required to sign a statement affirming that he/she: (1) has received a copy of the Conflict of Interest Policy; (2) has read the Policy and understands said Policy; and (3) agrees to comply with all requirements of the Policy, including completing the conflict of interest questionnaire. The completed questionnaires are reviewed by the Board Secretary and any persons with actual or potential conflicts are informed via written communication. The procedures for addressing any conflict of interest includes, but is not limited to, the following: (1) the conflicting interest is fully disclosed to the Board; (2) the interested person responds to factual questions related to the substance of the transaction or arrangement being considered, after which he/she shall leave the meeting; (3) the person with the conflict of interest is excluded from the discussion and approval or disapproval of such transaction; (4) alternatives to the proposed transaction are investigated, competitive bids or comparable valuations are obtained; (5) any conflicting issues during the course of a Board meeting which cannot be resolved is referred to the Executive Committee; and (6) the transaction or action must be approved by a majority of disinterested persons. process of determining compensation form 990, part vi, section b, line 15 a & b Compensation arrangements involving any of the organization's officers or key employees are established pursuant to a process that satisfies the rebuttable presumption of reasonableness as provided for in IRC Sec. 4958 (excess benefit transaction tax). This process requires a review of compensation determinations by disinterested persons, the use of comparability data, and contemporaneous documentation of the decision making process. The Board reviews the annual performance of officers and key employees and determines appropriate compensation levels based upon external salary data. Their review includes benchmarking data for the total compensation and benefits packages of officers and key employees, including total economic benefits paid by organizations which the governing body believes are similarly situated for similar job responsibilities, as obtained from independent third-party sources. The officers and key employees for whom this process is performed annually, include the President, Provost and Vice President for Academic Affairs, Vice President for Finance and Administration and Chief Financial Officer and Chief Investment Officer, Dean of Faculty and Dean of Students. The Board's written records include the (1) terms of the arrangement with the disqualified person (including the date the arrangement was approved); (2) a list of trustees present during the debate on the transaction (and how the members voted when it was approved); and (3) a description of the comparable data relied on by the Committee. Key deliberations, a description of the comparability data, how it was obtained, the members present and how they voted, was documented in the May 26, 2011 Board meeting minutes, and Comparable data are kept with the minutes of the meeting or with the Board Secretary. governing document disclosure form 990, part vi, section c, question 19 The organization's governing documents, conflict of interest policy and financial statements are available upon request. relationships among board members form 990, part vi, section a, line 2 TARIQ HASAN AND DANIEL NAGASHIMA ARE EMPLOYED AS OFFICERS OF SOKA GAKKAI INTERNATIONAL-USA, A CALIFORNIA NONPROFIT RELIGIOUS BENEFIT CORPORATION ("SGI-USA"). YOSHINOBU HABUKI, CLOTHILDE HEWLETT AND DANIEL NAGASHIMA SERVE AS DIRECTORS OF SGI-USA. OTHER CHANGES IN NET ASSETS OR FUND BALANCES FORM 990, PART XI, LINE 5 UNREALIZED LOSSES ON INVESTMENTS ($ 20,847,138) K-1 PARTNERSHIP INVESTMENT INCOME ($ 9,816,319) ----------------- TOTAL ($ 30,663,457) HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:KENJI YOSHIGO TITLE:TRUSTEE HOURS:39 LUIS & LINDA NIEVES FAMILY FOUNDATION 1174 MONTICELLO ROAD NAPA CA 94558 202054708 SUPPORTING CA 501(C)(3) 11A SOKA UOA true SOKA GAKKAI RELIGIOUS JA N/A N/A NA false false false true false false false false false false false false false false false false false false false LOUIS & LINDA NIEVES FAMILY FOUNDATION c 220000 CASH