2012-03-02T13:20:50-06:00 2011-06-30 Capin Crouse LLP 972 Emerson Parkway Suite A Greenwood IN 46143 990 2010-07-01 941279803 William Jessup University WILL 9165772354 333 Sunset Boulevard Rocklin CA 95765 Gene De Young 9165772354 2012-03-02 1 Dave Moja 3178852620 2010 2016-02-24 21:20:13Z John Jackson 333 Sunset Boulevard Rocklin CA 95765 18927946 0 X www.jessup.edu X 1939 CA To prepare Christians for leadership and service in church and society. 22 21 290 29 0 0 4488939 1237479 12729875 17119474 61578 281504 98258 -322 17378650 18638135 4355660 4541520 0 0 5764897 5995169 0 0 620465 7217191 8864432 17337748 19401121 40902 -762986 24685608 34397717 12808160 12887326 11877448 21510391 X The University is regionally accredited by the Western Association of Schools and Colleges and offers a variety of academic programs leading to a Bachelor of Arts or a Bachelor of Science degree. In addition, it offeres two Associate of Arts degrees and a variety of undergraduate and graduate certificate programs. It's purpose is to prepare Christians for leadership and service in church and society, through Christian higher education, spiritual formation, and directed experiences. 0 0 17394263 4541520 17119474 College Programs in bible studies, general education, and related fields with two-year and four-year degrees, and a varity of undergraudate programs. Further, the University enrolls more than 800 students and offers more than 16 areas of undergraduate study and 11 certificate programs. 17394263 1 1 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 1 0 1 0 0 0 1 0 0 0 1 0 0 0 0 0 1 0 1 0 1 0 0 0 0 1 0 0 0 0 1 46 0 290 1 0 0 0 0 0 1 1 0 0 0 1 0 X 22 21 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X William Jessup University 9165772354 333 Sunset Boulevard Rocklin CA 95765 Pete Bernardoni 1.00 X 0 0 0 Marc Bigelow 1.00 X 0 0 0 Jon Blackstad 1.00 X 0 0 0 Steve Bond 1.00 X 0 0 0 Bill Coyne 1.00 X 0 0 0 Patricia Cureton 1.00 X 0 0 0 Dan Derepentigny 1.00 X 0 0 0 Roger Edrington 1.00 X 0 0 0 Pat Gelsinger 1.00 X X 0 0 0 Roger Gibson 1.00 X X 0 0 0 Don Hinkle 1.00 X 0 0 0 John Jackson 32311-Current 40.00 X X 0 0 0 Greg Jamison 1.00 X 0 0 0 Laurie Kubicek 1.00 X 0 0 0 Jim Lewis 1.00 X X 0 0 0 Wayne Nader 1.00 X X 0 0 0 Brett Neal 1.00 X 0 0 0 Ken Oosting 1.00 X 0 0 0 Barry Smith 1.00 X 0 0 0 Holly Tiche 1.00 X 0 0 0 Mike West 1.00 X 0 0 0 Randall Yee 1.00 X 0 0 0 Gene De Young 40.00 X 98500 0 12787 98500 0 12787 0 0 0 0 Bon Appetit Management Company 100 Hamilton Ave Palo Alto CA 94301 Food service 889858 Pride Industries Inc 10030 Foothills Blvd Roseville CA 95747 Janitorial 159976 2 144325 1093154 58809 1237479 Tuition & fees 611710 13830932 13830932 Auxiliary services 611710 3091588 3091588 Other program revenue 611710 196954 196954 17119474 244592 244592 279072 238807 3353 40265 -3353 36912 36912 47329 144325 47651 -322 -322 18638135 17119474 0 281182 4541520 4541520 148753 128003 13958 6792 26152 19614 6538 4562220 3928701 424006 209513 933105 798766 66496 67843 324939 271499 39184 14256 14098 14098 32759 32759 13300 13300 980266 929630 24184 26452 315198 105934 137807 71457 371951 301787 27181 42983 29101 27504 1597 3501800 3221010 224575 56215 217669 195176 13664 8829 15861 12544 3228 89 921087 921087 871437 839168 24672 7597 255040 184771 69288 981 Academic materials 417146 417146 Event expenses 297905 249426 434 48045 Staff development 241969 35428 157401 49140 Miscellaneous 188913 91534 91059 6320 Student activities 178932 174015 964 3953 19401121 17394263 1386393 620465 3708502 4681206 331623 2713434 4565506 50948 40837 67026 269142 52208 19176369 3573722 18632059 15602647 1135858 1207882 94297 49023 635360 5245767 24685608 34397717 451392 730681 446664 466266 11629280 11540379 280824 150000 12808160 12887326 X 10145477 14823055 512818 5324746 1219153 1362590 11877448 21510391 24685608 34397717 X -762986 10395929 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1731971 1157668 131468 52640 2968467 1846108 2867000 84081 3065218 1731971 1976597 1952336 -119897 1963293 -365 1846108 0.58800 0.41200 0.00000 0 0 1617185 1617185 12057314 493774 11563540 4276224 3063306 1212918 1225646 16642 1209004 15602647 Campus leasehold asset 4982581 Trust assets 72647 Beneficial interest in trust assets held by third parties 190539 5245767 Permit allowance 150000 150000 18638135 19401121 -762986 88859 8552090 1754980 10395929 9632943 14219825 88859 88859 14130966 4507169 4507169 18638135 14893952 47651 47651 14846301 4554820 4554820 19401121 Part XI, Line 8 - Other Adjustments: Transfer of net assets from merger of William Jessup University FDN 1,754,980. Part XII, Line 4b - Other Adjustments: Investment management fees netted with investment income 13,300. Student aid netted with revenue per financial statements 4,541,520. Fundraising expenses reported on Part VIII, Line 8b -47,651. Part XIII, Line 2d - Other Adjustments: Fundraising expenses reported on Part VIII, Line 8b 47,651. Part XIII, Line 4b - Other Adjustments: Investment management fees netted with investment income 13,300. Student aid netted with revenue per financial statements 4,541,520. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Explanation of Nondiscriminatory Policy Publication Schedule E, Part I, Line 3 Advertising and solicitation through churches: Non Discriminatory Explanation of Government Financial Assistance Schedule E, Part I, Line 6 Federal financial aid funds are received from the U.S.Department of education under the authority of Title IV of the higher education act. The student financial assistance programs offered by the institution are the College Work Study program (FWS), Supplemental Educational Opportunity Grant program (SEOG), Pell Grant program, Academic Competitiveness Grant (ACG), and the Federal Family Education Loan program (FFEL). These programs are administered by the institution in accordance with guidelines established by the U.S. Department of Education. Europe (Including Iceland & Greenland) 0 0 Program Services Mission trips 10426 North America 0 0 Program Services Mission trips 14617 South America 0 0 Program Services Mission trips 28025 East Asia and the Pacific 0 0 Program Services Mission trips 32109 0 0 0 85177 0 85177 0 0 0 0 0 0 Warrior Golf Classic 70430 51290 19140 12193 12929 University Fund Dinner 86620 74990 11630 28542 10503 2 34604 18045 16559 24219 191654 144325 47329 40735 47651 88386 -41057 1 Scholarships 606 4541520 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: The financial aid office at William Jessup University requires students to complete the Free Application for Federal Student aid (FAFSA) form to determine eligibility for Federal, State and institutional grants, scholarships and loans. This is an equitable formula that measures all assets consistently. Enrollment and eligibility are monitored by the University. Student Tuition assistance 2184 Karen De Young Wife of Gene De Young, officer 23256 Compensation 0 X 1 11000 Cash received when sold X 1 46169 Cost X Furniture 1 1640 Fair market value 0 0 0 0 Method for Determining Number of Contributors: Part I, Column (b): The number of contributors represent the number of donors. Form 990, Part VI, Section A, line 2 The following directors had a business relationship during the tax period- Marc Bigelow, Ken Oosting, and Patrick Gelsinger. These directors are recused from any board vote related to the business relationship. Form 990, Part VI, Section B, line 11 Form 990 is prepared by an independent CPA and reviewed by the organization's top management. The reviewed Form 990 is then forwarded to the board for review prior to filing. Form 990, Part VI, Section B, line 12c The board expects of itself and its members ethical and businesslike conduct. Board members must represent unconflicted loyalty to the interests of the entire organization, superseding any conflicting loyalty such as that to advocacy or interest groups and membership on other boards or staffs. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of the committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. To ensure the university operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews are conducted. Form 990, Part VI, Section B, line 15 The executive relations committee is tasked with the annual performance review and compensation recommendations for the university president. The Board of Trustees shall fix the salary of the President and may fix the salaries of other employees of the Corporation including the other officers. If the Board does not fix the salaries of the other officers, the President shall fix such salaries. The reasonableness of compensation is determined annually using a compensation study for all positions within the University. The board approved compensation is documented in the board minutes upon approval. Form 990, Part VI, Section C, line 18 The Organization's Form 1023 and Form 990 are available for public inspection upon request or through guidestar.org. Form 990, Part VI, Section C, line 19 The Organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 5: Net unrealized gains on investments: 88,859. Prior period adjustments: 8,552,090. Transfer of net assets from merger of William Jessup University FDN 1,754,980. Total to Form 990, Part XI, Line 5: 10,395,929. Explanation of Responsibility Form 990, Part XII, Line 2c The University has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. This has not changed since the prior year. Explantion for President's Compensation Form 990, Part VII, Section A Form 990, Part VII, Section A, requires compensation to be reported based on calendar year. Accordingly, since the University president, John Jackson, began his role as University president effective March 23, 2011, his compensation is not reported on this schedule during this tax period. William Jessup University Foundation 333 Sunset Boulevard Rocklin CA 95765 861139148 To raise funds in support of the educational mission of the University CA 501(c)(3) Line 11a, I William Jessup University 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 William Jessup University Foundation Schedule R, Part II In May 2010, the Board of Trustees of the University and the Board of Directors of the Foundation approved the merger of the two governing boards in conjunction with the merger of the Foundation into the University. The merger of the WJU Foundation to William Jessup University is effective December 28, 2010, which coincides to the receipt of the notice filed with the attorney general of the state of California. Consequently, $1,754,980 in net assets were merged with the University effective December 28, 2010. This activity is represented on Schedule D, Page 4.