CENTER FOR EXCELLENCE IN HIGHEREDUCATION INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- CENTER FOR EXCELLENCE IN HIGHEREDUCATION INC (EIN 20-8091013)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-11-15
- IRS object ID
- 201343199349306174
- 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 I
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-11-15T13:03:33-06:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 203250475 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ESMOND & ASSOCIATES INC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 23901 CALABASAS RD 1010 | AddressLine1 |
| City | CALABASAS | City |
| State | CA | State |
| ZIP Code | 91302 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 208091013 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CENTER FOR EXCELLENCE IN HIGHER EDUCATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CENT | NameControl |
| Phone | 8013120078 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4021 SOUTH 700 EAST NO 400 | AddressLine1 |
| City | SALT LAKE CITY | City |
| State | UT | State |
| ZIP Code | 84107 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ERIC JUHLIN | Name |
| Title | PRESIDENT | Title |
| Phone | 8013120078 | Phone |
| Date Signed | 2013-11-13 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LENNY ESMOND CPA | Name |
| PTIN | P00037472 | PTIN |
| Phone | 8186102900 | Phone |
| Date Prepared | 2013-11-13 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | X | AddressChange |
| Name Of Principal Officer Person | ERIC JUHLIN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4021 SOUTH 700 EAST 400 | AddressLine1 |
| City | SALT LAKE CITY | City |
| State | UT | State |
| ZIP Code | 84107 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 215595671 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.CEHE.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2007 | YearFormation |
| State Legal Domicile | IN | StateLegalDomicile |
| Activity Or Mission Description | THE CENTER FOR EXCELLENCE IN HIGHER EDUCATION CONTINUED ITS HIGHER EDUCATION REFORM RESEARCH PROGRAM: THE OBJECTIVE WAS TO DEVELOP A DETAILED ROADMAP FOR GOVERNING A BOARD INTERESTED IN IMPLEMENTING HIGHER EDUCATION REFORM. EDUCATION REFORM, FOR THESE PURPOSES, IS DEFINED AS INCREASING ACCESS, REDUCING COSTS, AND IMPROVING THE QUALITY OF HIGHER EDUCATION WITH THE GOAL TO MAKE UNIVERSITIES, SCHOOLS, DEPARTMENTS, AND ULTIMATELY INDIVIDUAL FACULTY MEMBERS ACCOUNTABLE FOR THE QUALITY AND EFFECTIVENESS OF THEIR WORK. IN ORDER TO FURTHER THE MISSION, THE ORGANIZATION HAS RECENTLY UNDERTAKEN A SIGNIFICANT CHANGE IN ITS OPERATIONS, AND HAS DECIDED TO TACKLE THE ISSUE HEAD-ON. AS A RESULT, AS OF DECEMBER 31, 2012, THE ORGANIZATION HAS ACQUIRED AND NOW OWNS AND OPERATES STEVENS-HENAGER COLLEGE, COLLEGEAMERICA ARIZONA, COLLEGEAMERICA DENVER AND CALIFORNIA COLLEGE SAN DIEGO AS NONPROFIT COLLEGES ORGANIZED AND OPERATED EXCLUSIVELY FOR EDUCATIONAL PURPOSES. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 11 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 8 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 3 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1011425 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 215595671 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 36 | InvestmentIncomePriorYear |
| Investment Income Current Year | 0 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 341 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 1011802 | TotalRevenuePriorYear |
| Total Revenue Current Year | 215595671 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 13377 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 841327 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 0 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 5400 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 457 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 467726 | OtherExpensePriorYear |
| Other Expenses Current Year | 498646 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 481103 | TotalExpensesPriorYear |
| Total Expenses Current Year | 1345373 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 530699 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 214250298 | RevenuesLessExpensesCY |
| Total Assets BOY | 558739 | TotalAssetsBOY |
| Total Assets EOY | 512556882 | TotalAssetsEOY |
| Total Liabilities BOY | 0 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 481248340 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 558739 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 31308542 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | PRIOR TO DECEMBER 31, 2012, THE ORGANIZATION'S PURPOSE WAS TO EDUCATE THE PUBLIC ABOUT THE STATE OF HIGHER EDUCATION IN AMERICA AND HELP DONORS PROMOTE EXCELLENCE IN HIGHER EDUCATION THROUGH PHILANTHROPY. THE ORGANIZATION HAS RECENTLY UNDERTAKEN A SIGNIFICANT CHANGE IN ITS OPERATIONS, AND, AS OF DECEMBER 31, 2012, THE ORGANIZATION HAS ACQUIRED AND NOW OWNS AND OPERATES STEVENS-HENAGER COLLEGE, COLLEGEAMERICA ARIZONA, COLLEGEAMERICA DENVER AND CALIFORNIA COLLEGE SAN DIEGO AS NONPROFIT COLLEGES ORGANIZED AND OPERATED EXCLUSIVELY FOR EDUCATIONAL PURPOSES. | MissionDescription |
| Significant New Program Services | 1 | SignificantNewProgramServices |
| Significant Change | 1 | SignificantChange |
| Expense | 847496 | Expense |
| Grants | 838646 | Grants |
| Description | THE FUND FOR INQUIRY INTO THE MORALITY OF CAPITALISM IS A RESTRICTED GIFT PROGRAM. IT IS DESIGNED TO ASSIST PHILANTHROPISTS WHO RECOGNIZE THE IMPORTANCE OF FREE MARKET CAPITALISM TO THE FLOURISHING OF INDIVIDUALS IN THE UNITED STATES AND AROUND THE WORLD. IT SEEKS TO PROVIDE OPPORTUNITIES FOR UNIVERSITY AND COLLEGE STUDENTS TO EXPLORE THE IDEA THAT CAPITALISM IS NOT SIMPLY ABOUT ECONOMICS, BUT RATHER IS FUNDAMENTALLY A MORAL SYSTEM IN WHICH INDIVIDUALS EXERCISE THE UNALIENABLE RIGHT TO PURSUE THEIR OWN HAPPINESS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 2689 | Expense |
| Grants | 2681 | Grants |
| Description | THE CENTER FOR EXCELLENCE IN HIGHER EDUCATION (CEHE) PARTNERED WITH A FREE MARKET UNIVERSITY IN GUATEMALA, UNIVERSIDAD FRANCISCO MARROQUIN (UFM), HELPING IT TO ESTABLISH A NEW U.S.- BASED FOUNDATION. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 395437 | Expense |
| Grants | 0 | Grants |
| Description | EFFECTIVE DECEMBER 31, 2012, ACQUIRED AND NOW OWNS AND OPERATES STEVENS-HENAGER COLLEGE, COLLEGEAMERICA ARIZONA, COLLEGEAMERICA DENVER AND CALIFORNIA COLLEGE SAN DIEGO (THE COLLEGES) AS NONPROFIT COLLEGES ORGANIZED AND OPERATED EXCLUSIVELY FOR EDUCATIONAL PURPOSES. THE PRINCIPAL FUNCTION OF THE COLLEGES OWNED AND OPERATED BY THE ORGANIZATION HAS BEEN THE PRESENTATION OF FORMAL INSTRUCTION AND EACH OF THE COLLEGES MAINTAINS A REGULAR FACULTY AND CURRICULUM AND HAS A REGULARLY ENROLLED BODY OF PUPILS IN ATTENDANCE AT THE PLACE WHERE ITS EDUCATIONAL ACTIVITIES ARE REGULARLY CARRIED ON. THE EXPENSES REPORTED FOR THIS SECTION ARE COMPUTED AS THE AMOUNT FOR THE ONE DAY DURING THE TAX YEAR WHICH THE ORGANIZATION OWNED THE COLLEGES. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 1245622 | 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 | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | 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 | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 1 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 1 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | 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 | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Info In Schedule O Part V | X | InfoInScheduleOPartV |
| Number Forms Transmitted With1096 | 10 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 0 | NumberOfEmployees |
| 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 |
| Form8899 Filed | 0 | Form8899Filed |
| Form1098 C Filed | 0 | Form1098CFiled |
| Excess Business Holdings | 0 | ExcessBusinessHoldings |
| Taxable Distributions | 0 | TaxableDistributions |
| Distribution To Donor | 0 | DistributionToDonor |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 11 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 8 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 1 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | 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 | 0 | 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 | AZ | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | IN | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERIC JUHLIN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 8013120078 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4021 SOUTH 700 EAST SUITE 400 | AddressLine1 |
| City | SALT LAKE CITY | City |
| State | UT | State |
| ZIP Code | 84107 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (11 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| GM CURTIS III PHD | ||||||
| DIRECTOR | 1.00 | X | 1800 | 0 | 0 | |
| WILLIAM C DENNIS PHD | ||||||
| DIRECTOR | 1.00 | X | 1800 | 0 | 0 | |
| TODD ZYWICKI JD | ||||||
| DIRECTOR | 1.00 | X | 1800 | 0 | 0 | |
| CARL BARNEY | ||||||
| CHAIRMAN/DIRECTOR | 40.00 | X | 0 | 0 | 0 | X |
| ERIC JUHLIN | ||||||
| PRESIDENT/DIRECTOR | 40.00 | X | 0 | 0 | 0 | X |
| YARON BROOK | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| LENNY ESMOND | ||||||
| SECRETARY/TREASURER/DIRECTOR | 5.00 | X | 0 | 0 | 0 | X |
| ROY HURD | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| KEN KONESCO | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| TERRY BROWN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| WILLIAM CLOHAN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 5400 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| All Other Contributions | 215595671 | AllOtherContributions |
| Noncash Contributions | 205147213 | NoncashContributions |
| Total Contributions | 215595671 | TotalContributions |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 215595671 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 841327 | Total |
| Program Services | 841327 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5400 | Total |
| Management And General | 5400 | ManagementAndGeneral |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1750 | Total |
| Management And General | 1750 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39171 | Total |
| Management And General | 39171 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16998 | Total |
| Management And General | 16998 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 500 | Total |
| Management And General | 500 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1865 | Total |
| Program Services | 34 | ProgramServices |
| Management And General | 1374 | ManagementAndGeneral |
| Fundraising | 457 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2234 | Total |
| Program Services | 763 | ProgramServices |
| Management And General | 1471 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 142 | Total |
| Program Services | 61 | ProgramServices |
| Management And General | 81 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 750 | Total |
| Management And General | 750 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| OPERATING EXPENSES FOR | 395437 | 395437 | |
| CONTRACTS | 39000 | 8000 | 31000 |
| MEMBERSHIP DUES | 695 | 695 | |
| MISCELLANEOUS EXPENSES | 104 | 104 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1345373 | Total |
| Program Services | 1245622 | ProgramServices |
| Management And General | 99294 | ManagementAndGeneral |
| Fundraising | 457 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18739 | BOY |
| EOY | 6902258 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 540000 | BOY |
| EOY | 414338 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 79076109 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 15490468 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 9436054 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 6054414 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 419042664 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 1067099 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 558739 | BOY |
| EOY | 512556882 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 6958585 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 383646 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 37982485 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 431000000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 4923624 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 481248340 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 551582 | BOY |
| EOY | 30894204 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7157 | BOY |
| EOY | 414338 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 558739 | BOY |
| EOY | 31308542 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 558739 | BOY |
| EOY | 512556882 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 214250298 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -183500495 | 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 | 0 | FederalGrantAuditRequired |
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
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2157241 | OtherCostOrOtherBasis |
| Depreciation | 1590280 | Depreciation |
| Book Value | 566961 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 13333227 | OtherCostOrOtherBasis |
| Depreciation | 7845774 | Depreciation |
| Book Value | 5487453 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 6054414 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| EXCESS STUDENT FUNDS | $1,952,584 |
| DEFERRED RENT | $2,971,040 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 4923624 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 10448458 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 10448458 | RevenueSubtotal |
| Other Revenues Not Included | 205147213 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 205147213 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 215595671 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 949936 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 949936 | ExpensesSubtotal |
| Other Expenses Not Included | 395437 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 395437 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 1345373 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X, LINE 2: | THE ORGANIZATION'S FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, FOR THE YEARS ENDING DECEMBER 31,2012, 2011, 2010, AND 2009 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES REQUIRE TAX EFFECTS FROM UNCERTAIN TAX POSITION TO BE RECOGNIZED IN THE FINANCIAL STATEMENT ONLY IF THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLEY ON THE TECHINCAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. IF AN UNCERTAIN TAX POSITION MEETS THE MORE-LIKLEY-THAN-NOT THRESHOLD, THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY TO BE RECOGNIZED UPON ULTIMATE SETTLEMENT WITH THE TAXING AUTHORITY IS RECORDED. THE ORGANIZATION'S PRIMARY TAX POSITIONS RELATE TO ITS STATUS AS A NOT-FOR-PROFIT ENTITY EXEMPT FROM INCOME TAXES AND CLASSIFICATION OF ACTIVITIES RELATED TO ITS EXEMPT PURPOSE. MANAGEMENT HAS EVALUATED THE TAX POSITIONS REFLECTED IN THE ORGANIZATION'S TAX FILING AND DOES NOT BELIEVE THAT ANY MATERIAL UNCERTAIN TAX POSITIONS EXIST. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | DONATED ACCOUNTS RECEIVABLE AND DONATED ASSETS NOT INCLUDED FOR GAAP 205,147,213. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | PROGRAM EXPENSES FOR ONE DAY AFTER MERGER NOT INCLUDED PER GAAP STANDARDS 395,437. |
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 | SEE SCHEDULE O. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | THE COLLEGES PARTICIPATE IN THE TITLE IV FEDERAL FINANCIAL AID PROGRAM THAT INCLUDES FEDERAL PELL GRANTS, FEDERAL PARENT LOANS FOR UNDERGRADUATE STUDY, THE FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT, AND THE FEDERAL DIRECT STUDENT LENDING PROGRAM. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Method Of ValuationMethodOfValuation | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|---|---|
| THE AYN RAND INSTITUTE - THE CENTER FOR THE ADVANCEMENT OF OBJECTIVISM | |||||||||
| 2121 ALTON PARKWAY SUITE 250 | IRVINE | CA | 92606 | 222570926 | 501 (C) 3 | 355000 | N/A | N/A | TO FURTHER THE IMPORTANCE OF CAPITALISM IN THE UNITED STATES AND IN THE WORLD. |
| TRUSTEES OF TUFTS COLLEGE | |||||||||
| 169 HOLLAND STREET | SOMMERVILLE | MA | 02144 | 042103634 | 501 (C) 3 | 100000 | N/A | N/A | TO FURTHER THE IMPORTANCE OF CAPITALISM IN THE UNITED STATES AND IN THE WORLD. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 2 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
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: THE BOARD OF DIRECTORS MONITOR USE OF ALL GRANTS. | Explanation |
Schedule L IRS990ScheduleL
Loan Table LoanTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | CARL BARNEY | NamePerson |
| Relationship With Organization | MEMBER | RelationshipWithOrganization |
| Purpose Of Loan | SEE SCHEDULE O FOR EXPLANATION | PurposeOfLoan |
| Loan To Organization | X | LoanToOrganization |
| Original Principal | $431,000,000 | OriginalPrincipalAmount |
| Balance Due | 431000000 | BalanceDue |
| Default | 0 | Default |
| Approved By Board | 1 | ApprovedByBoard |
| Written Agreement | 1 | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 431000000 | TotalBalanceDue |
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| CARL BARNEY | |||
| CHAIRMAN/DIRECTOR/MEMBER AND NOTE HOLDER | 431000000 | NOTE PAYABLE IN CONNECTION WITH MERGER OF STEVENS-HENAGER COLLEGE, INC., COLLEGEAMERICA SERVICES, AND COLLEGEAMERICA ARIZONA, INC. WITH AND INTO THE ORGANIZATION IN A BARGAIN SALE TRANSACTION. | 0 |
| CARL BARNEY | |||
| CHAIRMAN/DIRECTOR/MEMBER AND REAL PROPERTY LESSOR | 17497 | CARL BARNEY OWNS THREE DISREGARDED ENTITIES WHICH LEASE REAL PROPERTY TO THE ORGANIZATION FOR COMMERCIALLY REASONABLE AMOUNTS VERIFIED BY THIRD PARTIES (AMOUNT OF TRANSACTION REPORTED REFLECTS ONE DAYS RENT BASED ON THE MERGER TRANSACTION DATE OF DECEMBER 31, 2012) | 0 |
Schedule M IRS990ScheduleM
Other Non Cash Contributions Table OtherNonCashContributionsTable (2 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | ACCOUNTS RECEIVABLE | 4 | 24225000 | APPRAISAL |
| X | 100% OF THE COMPANY ASSETS | 5 | 180922213 | APPRAISAL |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 9 | 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 | METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: | Identifier |
| Return Reference | PART I, COLUMN (B): | ReturnReference |
| Explanation | LINE 25 - THE ORGANIZATION RECEIVED A DONATION OF 100% OF THE ASSETS OF FIVE CORPORATIONS IN CONNECTION WITH A MERGER TRANSACTION ON DECEMBER 31, 2012. LINE 26 - THE ORGANIZATION RECEIVED A DONATION OF ACCOUNTS RECEIVABLE FROM FOUR DONORS. THE ACCOUNTS RECEIVABLE INCLUDE MULTIPLE SEPARATE ACCOUNTS. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (16 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| NEW PROGRAM SERVICES | FORM 990, PART III, LINE 2 | EFFECTIVE DECEMBER 31, 2012, THE PRINCIPAL FUNCTION OF THE ORGANIZATION HAS BEEN THE PRESENTATION OF FORMAL INSTRUCTION AND EACH OF THE COLLEGES, STEVENS-HENAGER COLLEGE, COLLEGEAMERICA ARIZONA, COLLEGEAMERICA DENVER AND CALIFORNIA COLLEGE SAN DIEGO, MAINTAINS A REGULAR FACULTY AND CURRICULUM AND HAS A REGULARLY ENROLLED BODY OF PUPILS IN ATTENDANCE AT THE PLACE WHERE ITS EDUCATIONAL ACTIVITIES ARE REGULARLY CARRIED ON. |
| CHANGES IN PROGRAM SERVICES | FORM 990, PART III, LINE 3 | EFFECTIVE DECEMBER 31, 2012, THE NEW PROGRAM SERVICES DESCRIBED IN PART III, QUESTION 2, ARE THE PRIMARY PROGRAM SERVICES. THE NON-COLLEGE OR UNIVERSITY ACTIVITIES PREVIOUSLY CARRIED ON BY THE ORGANIZATION (PRINCIPALLY GRANT-MAKING TO SECTION 501(C)(3) ORGANIZATIONS) WILL BE DE MINIMIS RELATIVE TO THE SUBSTANTIAL ACTIVITIES AND OPERATIONS OF THE COLLEGES (STEVENS-HENAGER COLLEGE, COLLEGEAMERICA ARIZONA, COLLEGEAMERICA DENVER AND CALIFORNIA COLLEGE SAN DIEGO), AND IN ANY CASE WILL BE MERELY INCIDENTAL TO THE FURTHERANCE OF THE ORGANIZATION'S PRIMARY EDUCATIONAL ACTIVITIES AND PURPOSE. |
| EXPLANATION OF PUBLICIZING NONDISCIMINATION POLICY | SCHEDULE E, PART I, ITEM 3 | 1. THE ORGANIZATION'S NONDISCRIMINATION POLICY CAN BE FOUND UNDER "TITLE IX AND VI OF THE CIVIL RIGHTS ACT" OF ITS PRINCIPAL PUBLICATION, THE CATALOGUE, FOR EACH COLLEGE, STEVENS-HENAGER COLLEGE, COLLEGEAMERICA DENVER, COLLEGEAMERICA ARIZONA, AND CALIFORNIA COLLEGE SAN DIEGO. 2. THE COLLEGES HAVE PUBLISHED A NOTICE OF ITS NONDISCRIMINATION POLICY IN THE FOLLOWING NEWSPAPERS OF GENERAL CIRCULATION THAT COLLECTIVELY SERVE ALL RACIAL SEGMENTS OF THE COMMUNITY IN ACCORDANCE WITH REVENUE PROCEDURE 75-50: STEVENS HENAGER COLLEGE: STANDARD-EXAMINER, PAGE C-7 (1/17/2013); THE SPECTRUM, PAGE D-6 (1/18/2013); DAILY HERALD, C-11 (1/18/2013); DESERET NEWS, PAGE B-4 (1/17/2013); THE SALT LAKE TRIBUNE, B-3 (1/17/2013); PART REGISTER, PAGE D-10 (1/18/2013); AND THE IDAHO STATESMAN, PAGE A-10 (1/23/2013); COLLEGEAMERICA DENVER: THE TRIBUNE, PAGE D-2 (1/17/2013); THE COLORADO SPRINGS GAZETTE, PAGE A-4 (1/17/2013); THE DENVER POST, PAGE B-12 (1/17/2013); FORT COLLINS COLORADOAN, PAGE B-6 (1/18/2013); AND WYOMING TRIBUNE EAGLE, PAGE C-4 (1/18/2013); COLLEGEAMERICA ARIZONA: THE HERALD JOURNAL, PAGE B-9 (1/17/2013); THE ARIZONA DAILY SUN, PAGE C-4 (1/18/2013); AND THE ARIZONA REPUBLIC, PAGE C-7 (1/22/2013); AND CALIFORNIACOLLEGE SAN DIEGO: NORTH COUNTY TIMES, PAGE 15 (1/18/2013) AND U-T SAN DIEGO, PAGE C-5 (1/18/2013). |
| NOTIFICATION TO DONOR OF THE VALUE OF GOODS OR SERVICES PROVIDED: | FORM 990, PART V, LINE 7B | PRIOR TO THE DECEMBER 31, 2012 (THE "EFFECTIVE DATE"), THE COLLEGES WERE OPERATED BY STEVENS-HENAGER COLLEGE, INC., A UTAH CORPORATION ("STEVENS-HENAGER COLLEGE") AND COLLEGEAMERICA ARIZONA, INC., A COLORADO CORPORATION ("COLLEGEAMERICA ARIZONA"). COLLEGEAMERICA SERVICES, INC., A NEVADA CORPORATION ("CASI"), PROVIDED MANAGEMENT AND ADMINISTRATIVE SERVICES TO THE COLLEGES. THROUGH FORWARD MERGERS, EACH OF THE AFOREMENTIONED ENTITIES MERGED WITH AND INTO THE ORGANIZATION ON THE EFFECTIVE DATE IN A BARGAIN SALE TRANSACTION. PROMISSORY NOTES WERE ISSUED FOR A PORTION OF THE FAIR MARKET VALUE AS CONSIDERATION FOR ITS ACQUISITION OF STEVENS-HENAGER COLLEGE, COLLEGEAMERICA ARIZONA AND CASI. THE ORGANIZATION NOTIFIED THE DONOR OF THE AMOUNT OF THE PROMISSORY NOTES ISSUED. |
| FORM 990, PART VI, SECTION A, LINE 2 | LENNY ESMOND, DIRECTOR, TREASURER AND SECRETARY, OF THE ORGANIZATION IS A CPA THAT PROVIDES TAX AND CONSULTING SERVICES THRU HIS WHOLLY OWNED CORPORATION TO THE ORGANIZATION, THE MEMBER (CARL BARNEY), AND OTHER ENTITIES OWNED BY THE MEMBER, INCLUDING THOSE ACQUIRED BY MERGER ON DECEMBER 31, 2012. SERVICES ARE PROVIDED ON AN ARM'S LENGTH BASIS USING STANDARD BILLING RATES. | |
| FORM 990, PART VI, SECTION A, LINE 4 | CONCURRENT WITH THE MERGER TRANSACTIONS, THE ORGANIZATION AMENDED ITS ARTICLES OF INCORPORATION AND BYLAWS TO INCREASE THE SIZE OF ITS BOARD, ELECT NEW OFFICERS (INCLUDING MR. CARL BARNEY AS CHAIRMAN), AND ESTABLISH MR. BARNEY AS THE SOLE STATUTORY MEMBER OF THE ORGANIZATION, ALL SUBJECT TO AND EFFECTIVE UPON THE CLOSING OF THE MERGER TRANSACTIONS WHICH TOOK PLACE ON DECEMBER 31, 2012. THE AMENDED ARTICLES AND BYLAWS WERE APPROVED, ALONG WITH THE MERGER TRANSACTIONS AND NUMEROUS RELATED RESOLUTIONS, PURSUANT TO THE UNANIMOUSLY ADOPTED RESOLUTIONS OF THE ORGANIZATION'S INDEPENDENT BOARD OF DIRECTORS AS COMPOSED PRIOR TO THE EFFECTIVE DATE OF DECEMBER 31, 2012. | |
| FORM 990, PART VI, SECTION A, LINE 6 | CARL BARNEY IS A MEMBER OF CENTER FOR EXCELLENCE IN HIGHER EDUCATION, INC. EFFECTIVE DECEMBER 31, 2012. | |
| FORM 990, PART VI, SECTION A, LINE 7A | THE MEMBER HAS THE POWER TO APPOINT MEMBERS OF THE GOVERNING BODY. | |
| FORM 990, PART VI, SECTION A, LINE 7B | CERTAIN GOVERNANCE DECISIONS OF THE ORGANIZATION ARE RESERVED FOR ITS SOLE MEMBER. | |
| FORM 990, PART VI, SECTION B, LINE 11 | PRESIDENT AND SELECTED BOARD OF DIRECTORS MEMBERS REVIEW THE FORM BEFORE IT IS FILED WITH THE IRS. | |
| FORM 990, PART VI, SECTION B, LINE 12C | OFFICERS AND BOARD MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY ANNUALLY. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THREE BOARD MEMBERS WERE GIVEN A HONORARIA FOR THEIR TIME TOTALING $5,400. | |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE AT ITS OFFICE DURING REGULAR BUSINESS HOURS. | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | FORM 990, PART XI, LINE 9: | RETAINED EARNINGS OF DONATED AND MERGED COMPANIES 21,251,281. ELIMINATION OF DONATED NON CASH ITEMS FOR GAAP -205,147,213. ELIMINATION OF PROGRAM EXPENSES FOR GAAP 395,437. |
| CHANGE IN OVERSIGHT PROCESS | FORM 990, PART XII, LINE 2C | ON DECEMBER 31, 2012, THE ORGANIZATION EXPANDED ITS BOARD OF DIRECTORS AND AUDIT COMMITTEE. |
| PURPOSE OF LOAN: | FORM 990, SCHEDULE L, PART II, COLUMN (C) | NOTE PAYABLE RELATING TO THE MERGER OF COMPANIES WITH AND INTO THE ORGANIZATION IN A BARGAIN SALE TRANSACTION. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PROMETHEUS FOUNDATION | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1157 | AddressLine1 |
| City | CRYSTAL BAY | City |
| State | NV | State |
| ZIP Code | 89402 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 271456655 | EIN |
| Primary Activities | PRIVATE FOUNDATION WHICH MAKES CHARITABLE GRANTS | PrimaryActivities |
| Legal Domicile State | NV | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | PF | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CARL BARNEY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | 0 | ControlledOrg |
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STRATEGIC DIRECTIONS LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1157 | AddressLine1 |
| City | CRYSTAL BAY | City |
| State | NV | State |
| ZIP Code | 89402 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 272913702 | EIN |
| Primary Activity | SERVICES | PrimaryActivity |
| Legal Domicile State | NV | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CARL BARNEY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Entity | S | TypeOfEntity |
| Percentage Ownership | 1.00000 | PercentageOwnership |
| Controlled Org | 0 | 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 | 0 | 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 |