VANGUARD UNIVERSITY OF SO CA: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- VANGUARD UNIVERSITY OF SO CA (EIN 95-6002998)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-05-14
- IRS object ID
- 201231359349305113
- Schema version
- 2010v3.4
- 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 C
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-05-14T14:47:34-05:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
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 | 9665 GRANITE RIDGE DRIVE SUITE 600 | AddressLine1 |
| City | SAN DIEGO | City |
| State | CA | State |
| ZIP Code | 92123 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 956002998 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VANGUARD UNIVERSITY OF SO CAL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | VANG | NameControl |
| Phone | 7145563610 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 FAIR DRIVE | AddressLine1 |
| City | COSTA MESA | City |
| State | CA | State |
| ZIP Code | 92626 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LETTIE COWIE | Name |
| Title | CHIEF FINANCIAL OFFICER | Title |
| Phone | 7145563610 | Phone |
| Date Signed | 2012-05-10 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8586271400 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | CAROL A TAYLOR | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 FAIR DRIVE | AddressLine1 |
| City | COSTA MESA | City |
| State | CA | State |
| ZIP Code | 92626 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 54449897 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.VANGUARD.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1920 | YearFormation |
| State Legal Domicile | CA | StateLegalDomicile |
| Activity Or Mission Description | TO EQUIP EACH STUDENT FOR A SPIRIT-EMPOWERED LIFE OF CHRIST-CENTERED LEADERSHIP AND SERVICE. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 19 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 17 | NbrIndependentVotingMembers |
| Total Nbr Employees | 983 | TotalNbrEmployees |
| Total Nbr Volunteers | 50 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 3212404 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2669428 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 49985842 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 51715520 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 165276 | InvestmentIncomePriorYear |
| Investment Income Current Year | 27702 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -20259 | OtherRevenuePriorYear |
| Other Revenue Current Year | -64852 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 53343263 | TotalRevenuePriorYear |
| Total Revenue Current Year | 54347798 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 13585487 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 15009507 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 18473634 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 18249949 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 892717 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 19550354 | OtherExpensePriorYear |
| Other Expenses Current Year | 17850419 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 51609475 | TotalExpensesPriorYear |
| Total Expenses Current Year | 51109875 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1733788 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 3237923 | RevenuesLessExpensesCY |
| Total Assets BOY | 38248173 | TotalAssetsBOY |
| Total Assets EOY | 39670172 | TotalAssetsEOY |
| Total Liabilities BOY | 37809394 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 35993470 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 438779 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 3676702 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE MISSION OF VANGUARD UNIVERSITY IS TO EQUIP EACH STUDENT FOR A SPIRIT-EMPOWERED LIFE OF CHRIST-CENTERED LEADERSHIP AND SERVICE. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 32859588 | Expense |
| Grants | 14521387 | Grants |
| Revenue | 42138832 | Revenue |
| Description | UNDERGRADUATE: A 4-YEAR BACHELOR OF ARTS OR SCIENCE DEGREE IN 33 MAJORS AND CONCENTRATIONS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1803851 | Expense |
| Grants | 205219 | Grants |
| Revenue | 4820151 | Revenue |
| Description | SCHOOL FOR PROFESSIONAL STUDIES: SCHOOL FOR ADULT PROFESSIONALS,AWARDING BACHELOR OF ARTS DEGREES IN BUSINESS, PSYCHOLOGY, EARLY CHILDHOOD EDUCATION AND RELIGION AND A BACHELOR OF SCIENCE DEGREE IN NURSING. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 658369 | Expense |
| Grants | 88690 | Grants |
| Revenue | 974941 | Revenue |
| Description | GRADUATE EDUCATION: OFFERS MULTIPLE SUBJECT AND SINGLE SUBJECT CALIFORNIA PRELIMINARY TEACHING CREDENTIALS AND AWARDS FIVE MASTER OF ARTS IN EDUCATION DEGREES: M.A. AND PRELIMINARY CREDENTIAL: M.A. WITH PRELIMINARY CREDENTIAL, AND CRHISTIAN EDUCATION LEADERSHIP; M.A. AND CHRISTIAN EDUCATION LEADERSHIP; M.A. IN EDUCATION , INDUCTION; AND M.A. IN EDUCATION, TEACHER LEADERSHIP. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 3020957 | Expense |
| Grants | 194211 | Grants |
| Revenue | 3781596 | Revenue |
| Description | OTHER GRADUATE PROGRAMS, INCLUDING: M.A. IN EARLY CHILDHOOD EDUCATION; M.A. IN CLINICAL PSYCHOLOGY; M.A. IN RELIGION. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 3020957 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 194211 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 3781596 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 38342765 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | 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 | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | 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 | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 1 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | 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 | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 94 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 983 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 19 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 17 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VANGUARD UNIVERSITY OF SOUTHERN CALIFORNIA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7145563610 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 FAIR DRIVE | AddressLine1 |
| City | COSTA MESA | City |
| State | CA | State |
| ZIP Code | 92626 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (26 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| ALLBAUGH JONATHAN | |||||||
| BOARD MEMBER/CORP. SECRETARY | 1.00 | X | X | 0 | 0 | 0 | |
| BASALONE JON | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| CARSON CURT | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| CLARK DAVID | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| CLARK VERN | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| DRESSELHAUS TIM | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| GREEN DOUG | |||||||
| BOARD MEMBER/VICE CHAIR OF BOARD | 1.00 | X | X | 0 | 0 | 0 | |
| GREINER ROBERT | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| GUERRA RICH | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| MARTIN JOHN | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| ODDO DAVID | |||||||
| BOARD MEMBER/CHAIR OF BOARD | 1.00 | X | X | 0 | 0 | 0 | |
| PITTLUCK LANCE | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| PRINCE TOM | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| ROBERTSON EVELYN | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| TARR DELBERT | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| TOWNSEND JOHANNA | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| WAYMAN KEN | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| WOOD GEORGE | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| TAYLOR CAROL | |||||||
| PRESIDENT | 40.00 | X | X | 142687 | 0 | 51181 | |
| ALLISON ROBERT P | |||||||
| VP OF BUS/FIN. (PART-YEAR) | 40.00 | X | 87666 | 0 | 0 | ||
| COWIE LETTIE | |||||||
| CHIEF FINANCIAL OFFICER | 40.00 | X | 27091 | 0 | 0 | ||
| HARRIS RON | |||||||
| VP- DEVELOPMENT (PART-YEAR) | 40.00 | 132277 | 0 | 24950 | X | ||
| HITTENBERGER JEFF | |||||||
| CHIEF ACADEMIC OFFICER | 40.00 | 119091 | 0 | 28637 | X | ||
| JOHNSON KIM | |||||||
| INTERIM VP- ADVANCEMENT | 40.00 | 132428 | 0 | 0 | X | ||
| WILSON ROBERT | |||||||
| DIR.- ATHLETICS | 40.00 | 84920 | 0 | 23259 | X | ||
| KANNWISCHER KELLY | |||||||
| VP OF ADVANCEMENT | 40.00 | 48678 | 0 | 2331 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 641240 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 104768 | TotalOtherCompensation |
| Number Individuals GT100 K | 4 | 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 |
|---|---|---|---|---|---|
| BON APPETIT | |||||
| 91337 COLLECTION DRIVE | CHICAGO | IL | 91337 | FOOD SERVICES | 2442860 |
| ARAMARK | |||||
| 24818 NETWORK PLACE | CHICAGO | IL | 60673 | MAINTENANCE SERVICES | 1617260 |
| WESTERN EDUCATIONAL SERVICES | |||||
| 7014 LOS PADRES | VENTURA | CA | 93003 | EDUCATIONAL RECRUITMENT | 1068192 |
| LB&K INC | |||||
| 154 S VALENCIA ST | GLENDORA | CA | 91741 | CONSTRUCTION | 436328 |
| CITY PLUMBING INC | |||||
| 8630 CLETA ST | DOWNEY | CA | 90241 | PLUMBING SERVICES | 179539 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| Fundraising Events | 36640 | FundraisingEvents |
| Government Grants | 578262 | GovernmentGrants |
| All Other Contributions | 2054526 | AllOtherContributions |
| Total Contributions | 2669428 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| STUDENT TUITION AND FE | 611710 | 42920249 | 42920249 |
| AUXILIARY ENTERPRISES | 611710 | 7360557 | 7360557 |
| SUPPORT SERVICES - OTH | 611710 | 1434714 | 1434714 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 51715520 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 27702 | TotalRevenueColumn |
| Exclusion | $27,702 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 37247 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 36640 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 102099 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -64852 | TotalRevenueColumn |
| Exclusion | -$64,852 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 54347798 | TotalRevenueColumn |
| Related Or Exempt Function Income | 51715520 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | -$37,150 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15009507 | Total |
| Program Services | 15009507 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 316744 | Total |
| Program Services | 26484 | ProgramServices |
| Management And General | 263777 | ManagementAndGeneral |
| Fundraising | 26483 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15123213 | Total |
| Program Services | 11840133 | ProgramServices |
| Management And General | 2882923 | ManagementAndGeneral |
| Fundraising | 400157 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1787132 | Total |
| Program Services | 1376092 | ProgramServices |
| Management And General | 357426 | ManagementAndGeneral |
| Fundraising | 53614 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1022860 | Total |
| Program Services | 731425 | ProgramServices |
| Management And General | 260749 | ManagementAndGeneral |
| Fundraising | 30686 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6616251 | Total |
| Program Services | 3472567 | ProgramServices |
| Management And General | 3054416 | ManagementAndGeneral |
| Fundraising | 89268 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 69463 | Total |
| Management And General | 69463 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18952 | Total |
| Management And General | 18952 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 47338 | Total |
| Fundraising | 47338 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1368833 | Total |
| Program Services | 1185842 | ProgramServices |
| Management And General | 182991 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 254024 | Total |
| Program Services | 7408 | ProgramServices |
| Management And General | 147963 | ManagementAndGeneral |
| Fundraising | 98653 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3202523 | Total |
| Program Services | 1124257 | ProgramServices |
| Management And General | 1975252 | ManagementAndGeneral |
| Fundraising | 103014 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 617204 | Total |
| Program Services | 209194 | ProgramServices |
| Management And General | 408010 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1041353 | Total |
| Program Services | 905816 | ProgramServices |
| Management And General | 94719 | ManagementAndGeneral |
| Fundraising | 40818 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 46461 | Total |
| Program Services | 27306 | ProgramServices |
| Management And General | 16469 | ManagementAndGeneral |
| Fundraising | 2686 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1869820 | Total |
| Program Services | 1062049 | ProgramServices |
| Management And General | 807771 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2197402 | Total |
| Program Services | 1252519 | ProgramServices |
| Management And General | 944883 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 365039 | Total |
| Program Services | 28927 | ProgramServices |
| Management And General | 336112 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| MISCELLANEOUS | 106073 | 61761 | 44312 |
| COMMENCEMENT | 8940 | 5511 | 3429 |
| TESTING | 8338 | 8338 | |
| UNIFORMS | 7837 | 6551 | 1286 |
| SERVICE AWARDS | 4568 | 1078 | 3490 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 51109875 | Total |
| Program Services | 38342765 | ProgramServices |
| Management And General | 11874393 | ManagementAndGeneral |
| Fundraising | 892717 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2820682 | BOY |
| EOY | 6759560 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1031295 | BOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2333416 | BOY |
| EOY | 480600 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1474394 | BOY |
| EOY | 1662912 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 2074331 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 654177 | BOY |
| EOY | 452618 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 59138409 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 33795337 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26357125 | BOY |
| EOY | 25343072 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1808693 | BOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1768391 | BOY |
| EOY | 811487 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 2085592 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 38248173 | BOY |
| EOY | 39670172 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3420758 | BOY |
| EOY | 2719199 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 944396 | BOY |
| EOY | 371732 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1910500 | BOY |
| EOY | 1810500 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27393779 | BOY |
| EOY | 26068585 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4139961 | BOY |
| EOY | 5023454 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37809394 | BOY |
| EOY | 35993470 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -4135132 | BOY |
| EOY | -120555 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4573911 | BOY |
| EOY | 3797153 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 104 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 438779 | BOY |
| EOY | 3676702 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 38248173 | BOY |
| EOY | 39670172 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 3237923 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| 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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | Volunteers |
| Paid Staff Or Management | 0 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 0 | GrantsOtherOrganizations |
| Direct Contact Legislators | 0 | DirectContactLegislators |
| Rallies Demonstrations | 0 | RalliesDemonstrations |
| Other Activities | 1 | OtherActivities |
| Other Activities | $47,338 | OtherActivitiesAmount |
| Total Lobbying Expenditures IIB | 47338 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF OTHER LOBBYING ACTIVITIES: | Identifier |
| Return Reference | PART II-B, LINE 1I: | ReturnReference |
| Explanation | A SERVICE AGREEMENT EXISTED THROUGH JUNE 30, 2011 WITH RUSS REID FOR "GOVERNMENT RELATIONS SERVICES". IN THIS AGREEMENT, IN THEIR CAPACITY AS A CONSULTANT, THEY STATE THE FOLLOWING: "RUSS REID SHALL MAKE ITS BEST EFFORT TO ASSIST VANGUARD UNIVERSITY IN PURSUING ITS GOVERNMENT RELATIONS OBJECTIVES. THE NATURE OF THESE OBJECTIVES SHALL BE DETERMINED BY VANGUARD UNIVERSITY WITH THE ADVICE AND ASSISTANCE OF RUSS REID. IN THIS ROLE, RUSS REID SHALL PLAN AND IMPLEMENT ALL LEGISLATIVE STRATEGIES DESIGNED TO ACCOMPLISH VANGUARD UNIVERSITY'S INITIATIVE, ASSIST IN THE PREPARATION OF SUPPORTING MATERIALS FOR THE INITIATIVE, DEVELOP MEETINGS WITH MEMBERS OF CONGRESS AND STAFF TO ADVANCE THE INITIATIVE, AND SERVE AS LIAISON TO FEDERAL AGENCIES RELEVANT TO THE INITIATIVE." | Explanation |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1723320 | OtherCostOrOtherBasis |
| Book Value | 1723320 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 41144047 | OtherCostOrOtherBasis |
| Depreciation | 19939249 | Depreciation |
| Book Value | 21204798 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 7007567 | OtherCostOrOtherBasis |
| Depreciation | 6421114 | Depreciation |
| Book Value | 586453 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 9263475 | OtherCostOrOtherBasis |
| Depreciation | 7434974 | Depreciation |
| Book Value | 1828501 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 25343072 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (3 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| DEFERRED LEASE PAYMENTS | 619156 |
| LIFE ESTATE RESIDENTIAL PROPERTY | 620511 |
| OWNERSHIP STAKE IN COMMERCIAL BUILDING | 845925 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 2085592 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (5 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| TUITION REMISSION LIABILITY | $373,082 |
| TRUST AND REMAINDER LIFE OBLIGATIONS | $595,103 |
| PERKINS LOAN LIABILITY | $1,980,358 |
| CAPITAL LEASE OBLIGATIONS | $348,596 |
| STUDENTS REFUNDABLE CREDITS | $1,726,315 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 5023454 | TotalOfAmounts |
| Total Revenue | 54347798 | TotalRevenue |
| Total Expenses | 51109875 | TotalExpenses |
| Excess Or Deficit For Year | 3237923 | ExcessOrDeficitForYear |
| Other | $505,414 | OtherAmount |
| Total Adjustments | 505414 | TotalAdjustments |
| Excess Or Deficit Per FS | 3743337 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 39945803 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | -14401995 | OtherRevenues |
| Revenue Not Rptd F990 | -14401995 | RevenueNotRptdF990 |
| Revenue Subtotal | 54347798 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 54347798 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 36202467 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 36202467 | ExpensesSubtotal |
| Other Expenses Not Included | 14907408 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 14907408 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 51109875 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | PART X, LINE 2, FIN 48 (ASC 740): IN ACCORDANCE WITH PROVISIONS OF GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, THE UNIVERSITY HAD NO UNCERTAIN TAX POSITIONS AND/OR OBLIGATIONS AT JUNE 30, 2011. PART XI, LINE 8, RECONCILIATION OF NET ASSETS: REVENUE SUPPORT ORGANIZATION $505,414 PART XII, LINE 2D, RECONCILIATION OF REVENUE: REVENUE SUPPORT ORGANIZATION $505,413 GROSS-UP SCHOLARSHIPS NETTED WITH TUITION REVENUE $-15,009,507 SPECIAL EVENT EXPENSE $102,099 TOTAL $-14,401,995 PART XIII, LINE 4B, RECONCILIATION OF EXPENSE: GROSS-UP SCHOLARSHIPS NETTED WITH TUITION REVENUE $15,009,507 SPECIAL EVENT EXPENSE $-102,099 TOTAL $14,907,408 | 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 ORGANIZATION PRIMARILY SOLICITS THROUGH THE MAILING OF APPLICATIONS TO PROSPECTIVE STUDENTS. THESE INCLUDE UNDERGRADUATE, GRADUATE AND ADULT PROGRAMS. ALL APPLICATIONS INCLUDE THE UNIVERSITY'S NONDISCRIMINATION POLICY. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | THE UNIVERSITY RECEIVES FUNDING FROM THE FEDERAL GOVERNMENT, AND AS A RESULT, IS REQUIRED TO COMPLY WITH VARIOUS REGULATIONS RELATED TO THOSE FUNDING PROGRAMS. |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | MIDDLE EAST AND NORTH AFRICA | Region |
| Number Of Offices | 0 | NumberOfOffices |
| Number Of Employees | 0 | NumberOfEmployees |
| Type Of Activities Conducted | PROGRAM SERVICES | TypeOfActivitiesConducted |
| Specific Services Provided | EDUCATION | SpecificServicesProvided |
| Total Expenditures | 24144 | TotalExpenditures |
| 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 | 24144 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 24144 | TotalAmountSpent |
| Transfer To Foreign Corp | 0 | 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
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | CHRISTMAS FANTASIA | NameOfEvent1 |
| Gross Receipts Event1 | 73887 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 36640 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 37247 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 102099 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 73887 | GrossReceiptsTotal |
| Charitable Contributions Total | 36640 | CharitableContributionsTotal |
| Gross Revenue Total Events | 37247 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 102099 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 102099 | DirectExpenseSummaryEvents |
| Net Income Summary | -64852 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | FINANCIAL AID, SCHOLARSHIPS | TypeOfGrant |
| Number Of Recipients | 1183 | NumberOfRecipients |
| Amount Of Cash Grant | 15009507 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: STUDENT FINANCIAL AID AND SCHOLARSHIPS ARE NON-DISCRIMINATORY AND ARE BASED UPON A SET CRITERIA OF STUDENT NEED, GRADE POINT AVERAGE AS WELL AS OTHER FACTORS ARE USED TO DETERMINE TOTAL AID AWARDED TO THE RESPECTIVE STUDENTS. THE AWARD IS DETERMINED BY AN INDEPENDENT FINANCIAL AID COMMITTEE. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TAYLOR CAROL | |||||||||||||
| 142687 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 51181 | 0 | 193868 | 0 | 0 | 0 |
| HARRIS RON | |||||||||||||
| 132277 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24950 | 0 | 157227 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 1A | ReturnReference |
| Explanation | A HOUSING ALLOWANCE IS PROVIDED TO THE PRESIDENT AND CHIEF ACADEMIC OFFICER. THE BENEFIT IS TREATED AS A NON-TAXABLE BENEFIT. | Explanation |
Schedule L IRS990ScheduleL
Loan Table LoanTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | DON JUDKINS | NamePerson |
| Loan To Organization | X | LoanToOrganization |
| Original Principal | $2,910,000 | OriginalPrincipalAmount |
| Balance Due | 1810500 | BalanceDue |
| Default | 0 | Default |
| Approved By Board | 1 | ApprovedByBoard |
| Written Agreement | 1 | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 1810500 | TotalBalanceDue |
Form990 Schedule L Part III Form990ScheduleLPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amount Of Grant | 72450 | AmountOfGrant |
| Type Of Assistance | INSTITUTIONAL AID | TypeOfAssistance |
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | ERIC WAYMAN | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | SON OF CURRENT BOARD MEMBER KEN WAYMAN | Relationship |
| Amount Of Transaction | 18150 | AmountOfTransaction |
| Description Of Transaction | W-2 WAGES | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (4 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE REVIEW AND APPROVAL PROCESS FOR THE INSTITUTION'S TAX RETURN, FORM 990 INCLUDES THE FOLLOWING: 1) PREPARATION, WITH THE ASSISTANCE OF AN INDEPENDENT ACCOUNTING FIRM, BY MANAGEMENT; 2) A DETAILED, LINE-BY-LINE REVIEW BY THE AUDIT COMMITTEE; 3) A BRIEFING AND REVIEW OF MAJOR ISSUES (IF ANY EXISTS) GIVEN TO THE EXECUTIVE COMMITTEE, PRIOR TO APPROVAL; 4) APPROVAL BY EXECUTIVE COMMITTEE IS MADE THROUGH A RESOLUTION FROM THE AUDIT COMMITTEE; 5) BRIEFING, POST APPROVAL TO BOARD OF TRUSTEES ON ADHERENCE OF PROCESS, AND ANY MAJOR ISSUES NOTED BY AUDIT OR EXECUTIVE COMMITTEE. 6) EACH BOARD MEMBER RECEIVES A COPY OF THE FORM 990 PRIOR TO ITS FILING WITH THE IRS. | |
| THERE IS AN ANNUAL DISCLOSURE REQUIRED BY ALL OFFICERS AND ALL EMPLOYEES. ANY TRANSACTIONS THAT COULD GIVE RISE TO CONFLICT ARE REVIEWED BY THE GOVERNING BODY. IF CONFLICT ARISES, THE PERSON RECUSES HIM OR HERSELF FROM MEETING AND DOES NOT VOTE ON THE TRANSACTION BEING DISCUSSED. THIS IS DOCUMENTED IN THE MEETING MINUTES. THERE HAVE BEEN NO INCIDENCES DURING THIS REPORTING PERIOD. | FORM 990, PART VI, SECTION B, LINE 12C | |
| REVIEW AND APPROVAL FOR COMPENSATION FOR THE PRESIDENT WAS PERFORMED ANNUALLY BY THE INDEPENDENT GOVERNING BODY. THE COMPENSATION APPROVAL IS DOCUMENTED IN THE BOARD MINUTES. SALARY SURVEYS AND COMPENSATION PAID FROM OTHER SIMILAR INSTITUTIONS WERE USED IN DETERMINING THE REASONABLENESS OF OFFICER, KEY EMPLOYEE, AND PRESIDENT COMPENSATION. THIS PROCESS WAS LAST DONE JUNE 2011. | FORM 990, PART VI, SECTION B, LINE 15 | |
| THE ORGANIZATION MAKES ITS AUDITED FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VANGUARD UNIVERSITY FOUNDATION | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 FAIR DRIVE | AddressLine1 |
| City | COSTA MESA | City |
| State | CA | State |
| ZIP Code | 92626 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | UNIVERSITY ENDOWED SCHOLARSHIP PROGRAMS | PrimaryActivities |
| Legal Domicile State | CA | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | 11(A) | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VANGUARD UNIVERSITY OF SOUTHERN CALIFORNIA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 |
| 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 | 1 | 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 |