2026-03-16T10:12:04-05:00 2025-06-30 332621854 CRI CAPIN CROUSE ADVISORS LLC 345 MASSACHUSETTS AVE STE 300 INDIANAPOLIS IN 46204 990 2024-07-01 364682140 LOS ANGELES PACIFIC UNIVERSITY LOSA 6266244673 2100 E ROUTE 66 101 GLENDORA CA 91740 JOHN GOIN PRESIDENT AND CEO 6266244673 2026-03-16 1 0 ASHLEY PEABODY P01385870 5055022746 2026-03-16 2024 2025-03-06 01:10:19Z JOHN GOIN 2100 E ROUTE 66 101 GLENDORA CA 91740 24074269 0 X WWW.LAPU.EDU X 2011 CA AN EVANGELICAL CHRISTIAN UNIVERSITY WITH A STRONG, CLEAR, UNSWERVING WORLDVIEW. 11 9 244 13 0 0 289256 378499 21867767 23632347 69785 63423 -17919 0 22208889 24074269 446183 461934 0 0 12868730 14019415 0 0 0 8482095 8423122 21797008 22904471 411881 1169798 11702656 11844195 6390171 5361912 5312485 6482283 LOS ANGELES PACIFIC UNIVERSITY EXISTS TO DELIVER HIGH QUALITY, ACCESSIBLE CHRIST-CENTERED EDUCATION TO LEARNERS EVERYWHERE. 0 0 16256805 461934 23632347 TUITION: INTEGRATING CULTURAL, PHILOSOPHICAL AND THEOLOGICAL DIVERSITY THROUGHOUT THE CURRICULUM, LOS ANGELES PACIFIC UNIVERSITY OFFERS TWO CREDENTIAL CERTIFICATES, TWO ASSOCIATE DEGREE PROGRAMS, TWELVE BACHELOR PROGRAMS AND FIVE GRADUATE DEGREE PROGRAMS. 16256805 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 2752 0 1 244 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X HILDA HOVSEPIAN 6262680323 2100 E ROUTE 66 SUITE 101 GLENDORA CA 91740 JOHN C REYNOLDS PRESIDENT AND CEO 40.00 1.00 X X 415472 0 40513 MARK S DICKERSON DIRECTOR & SECRETARY 1.00 X X 0 0 0 MARGARET BAILEY BOARD CHAIR 1.00 X 0 0 0 MELANIE HUMPHREYS DIRECTOR 1.00 X 0 0 0 LILA JENKENS DIRECTOR 1.00 X 0 0 0 LEONARD MOON DIRECTOR 1.00 X 0 0 0 RICHARD OSBORN DIRECTOR 1.00 X 0 0 0 RICK REKEDAL DIRECTOR 1.00 X 0 0 0 ROBERT TIEDE DIRECTOR 1.00 1.00 X 0 0 0 JOYCE WILLIAMS DIRECTOR 1.00 X 0 0 0 ADAM MORRIS DIRECTOR 1.00 40.00 X 0 602365 38811 HILDA HOVSEPIAN VICE PRESIDENT/CFO AND TREASURER 40.00 X 171574 0 41270 WAYNE HERMAN VICE PRESIDENT/CHIEF ACADEMIC OFFICER 40.00 X 167482 0 47126 DANIEL TERRONES ASSOCIATE VICE PRESIDENT INFO TECHNOLOGY 40.00 X 130316 0 61938 ANDRIS BENIS CHIEF OF STAFF 40.00 X 139015 0 30195 LISA PHILLIPS ASSISTANT DEAN 40.00 X 137372 0 12568 CRAIG BREWER ASSISTANT DEAN 40.00 X 132433 0 5938 1293664 602365 278359 18 0 1 0 ACCENTURE LLP 1255 TREAT BLVD 250 WALNUT CREEK CA 94597 MARKETING 4235543 MEDIA EYE INC 1223 WILSHIRE BLVD 265 SANTA MONICA CA 90403 MARKETING 643015 JENZABAR INC PO BOX 55018 BOSTON MA 022055018 ERP SOFTWARE 287953 SCELC 5161 LANKERSHEIM BLVD STE 250 NORTH HOLLYWOOD CA 91601 LIBRARY SERVICES 143319 DIALPAD INC 100 CALIFORNIA ST STE 500 SAN FRANCISCO CA 94111 TELEPHONE 132682 8 367350 11149 378499 TUITION 611310 23565738 23565738 STUDENT FEES 611310 43590 43590 23019 23019 23632347 63423 63423 24074269 23632347 0 63423 461934 461934 775256 775256 10652475 8328378 2324097 301946 214003 87943 1419951 1095855 324096 869787 659942 209845 100171 100171 65028 65028 580811 264174 316637 4831842 4813809 18033 131351 13061 118290 999032 251181 747851 1027968 1027968 79673 40278 39395 100689 76356 24333 BAD DEBT 352128 352128 GENERAL OPERATING 154429 37834 116595 22904471 16256805 6647666 0 5984756 7361842 2757613 2275424 727856 665517 2017418 1870609 126365 146809 1081737 1124519 1024329 270084 11702656 11844195 1197935 1180970 3988251 3870366 1203985 310576 6390171 5361912 X 5312485 6482283 5312485 6482283 11702656 11844195 1169798 0 X 0 1 X 1 0 X X 1 AZUSA PACIFIC UNIVERSITY 951744369 2 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30379 29459 920 1987039 1841150 145889 146809 OPERATING LEASE OBLIGATIONS 309068 DUE TO RELATED PARTY 1508 310576 23617218 4883 -461934 -457051 24074269 0 24074269 22447420 4883 -461934 -457051 22904471 0 22904471 PART XI, LINE 2D - OTHER ADJUSTMENTS: TUITION FINANCIAL AID NETTED AGAINST REVENUE -461,934. PART XII, LINE 2D - OTHER ADJUSTMENTS: TUITION FINANCIAL AID NETTED AGAINST REVENUE -461,934. 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 1 1 1 SCHEDULE E, PART I, LINE 3 THE UNIVERSITY PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY ON ITS PRIMARY PUBLICLY ACCESSIBLE INTERNET HOMEPAGE AT ALL TIMES DURING THE TAXABLE YEAR IN A MANNER REASONABLY EXPECTED TO BE NOTICED BY VISITORS TO THE HOMEPAGE. SCHEDULE E, PART I, LINE 4 CURRENTLY THE UNIVERSITY HAS NOT SOLICITED CONTRIBUTIONS NOR CONDUCTED CAMPAIGNS. LINE 6A EXPLANATION OF GOVERNMENT FINANCIAL AID: LAPU RECEIVED PELL GRANT, FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT FUNDING, DEVELOPING HISPANIC-SERVING INSTITUTIONS GRANT FUNDING, AND TEACHER EDUCATION ASSISTANCE FOR COLLEGE AND HIGHER EDUCATION (TEACH) GRANT FUNDING. LINE 6B EXPLANATION OF GOVERNMENT FINANCIAL AID REVOCATION: LAPU LOST ITS CAL GRANT ELIGIBILITY IN ACADEMIC YEAR 20/21 BUT WAS REINSTATED IN 21/22 FOR REASONS UNRELATED TO QUESTIONS LISTED ABOVE. 1 SCHOLARSHIPS 802 461934 PART I, LINE 2: GRANT FUNDS CONSIST MAINLY OF INSTITUTIONAL DISCOUNTS AND FEDERAL GRANT MONIES FOR STUDENTS OF LOS ANGELES PACIFIC UNIVERSITY. ELIGIBILITY IS EITHER NEED-BASED OR IS SUBJECT TO REVIEW OF ELIGIBILITY SUCH AS EMPLOYMENT AND IS MANAGED BY THE FINANCIAL AID DEPARTMENT. THE SCHOLARSHIPS ARE APPLIED DIRECTLY TO STUDENTS' ACCOUNTS, AND NO CASH CHANGES HANDS. X X 1 1 X X X 0 0 0 0 0 0 0 1 0 ADAM MORRIS DIRECTOR 0 445365 0 100000 0 57000 0 13800 0 25011 0 641176 0 0 JOHN C REYNOLDS PRESIDENT AND CEO 327319 0 83200 0 4953 0 16848 0 23665 0 455985 0 0 0 WAYNE HERMAN VICE PRESIDENT/CHIEF ACADEMIC OFFICER 166979 0 0 0 503 0 8932 0 38194 0 214608 0 0 0 HILDA HOVSEPIAN VICE PRESIDENT/CFO AND TREASURER 171056 0 0 0 518 0 8932 0 32338 0 212844 0 0 0 DANIEL TERRONES ASSOCIATE VICE PRESIDENT INFO TECHNOLOGY 128918 0 0 0 1398 0 7089 0 54849 0 192254 0 0 0 ANDRIS BENIS CHIEF OF STAFF 138362 0 0 0 653 0 7001 0 23194 0 169210 0 0 0 PART I, LINE 1A A PLANE TICKET VALUD AT LESS THAN $500 WAS PURCHASED TO ALLOW THE PRESIDENT'S SPOUSE TO TRAVEL WITH THE PRESIDENT IN FEBRUARY 2025 AND PARTICPATE IN THE PRESIDENTIAL INAUGURATION. THIS WAS DETERMINED BY THE BOARD TO BE A BONA FIDE BUSINESS EXPENSE AND THEREFORE WAS NOT TREATED AS COMPENSATION. UNITED TRAVEL CLUB MEMBERSHIP WAS PURCHASED FOR THE PRESIDENT VALUED AT $650. THE PURCHASE WAS DEEMED TO BE A BONA FIDE BUSINESS EXPENSE RELATED TO THE PRESIDENT'S TRAVEL FOR LAPU AND THEREFORE NOT TREATED AS COMPENSATION. PART I, LINE 7 THE PRESIDENT WAS AWARDED A DISCRETIONARY BONUS DURING THE CALENDAR YEAR BASED ON ACHIEVEMENT OF ANNUAL FINANCIAL TARGETS. AMOUNTS WERE BASED ON A PERCENTAGE OF CURRENT PAY AND AT THE DISCRETION AND APPROVAL OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 6 LOS ANGELES PACIFIC UNIVERSITY (LAPU) HAS ONE CLASS OF MEMBERS CONSISTING OF AZUSA PACIFIC UNIVERSITY. FORM 990, PART VI, SECTION A, LINE 7A AS SPECIFIED IN SECTION 2.2 OF THE LOS ANGELES PACIFIC UNIVERSITY BYLAWS, LAPU HAS ONE CLASS OF MEMBERS, AZUSA PACIFIC UNIVERSITY. THE SOLE MEMBER HAS THE RIGHT TO VOTE ON THE ELECTION, REMOVAL, AND REPLACEMENT OF ALL DIRECTORS OF LAPU. FORM 990, PART VI, SECTION A, LINE 7B APU, AS SOLE MEMBER, HAS THE AUTHORITY TO VOTE ON THE ELECTION, REMOVAL, AND REPLACEMENT OF ALL DIRECTORS OF LAPU, ON A DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF LAPU, ON A MERGER OR ON A DISSOLUTION, AND ON ANY CHANGES TO THE CORPORATE FORM OF LAPU. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM AND REVIEWED IN DETAIL BY THE ORGANIZATION'S TOP MANAGEMENT. THE REVIEWED FORM 990 IS THEN FORWARDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE OFFICE OF THE PRESIDENT HAS ALL TRUSTEES, OFFICERS, AND OTHER KEY EMPLOYEES COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE AND THE GENERAL COUNSEL ADDRESSES ANY DISCLOSED CONFLICTS OF INTEREST PURSUANT TO THE PROCESSES SET FORTH IN THE UNIVERSITY'S POLICY ON CONFLICTS OF INTEREST. ALL POTENTIAL CONFLICTS OF INTEREST BY ADMINISTRATORS, OFFICERS, OR TRUSTEES OF THE INSTITUTION ARE BROUGHT TO THE ATTENTION OF THE CHAIRMAN OF THE BOARD OF TRUSTEES AND GENERAL COUNSEL FOR RESOLUTION. FORM 990, PART VI, SECTION B, LINE 15 LINE 15A: COMPENSATION FOR THE PRESIDENT/CEO IS DETERMINED VIA AN INDEPENDENT AND EXTERNAL REVIEW CONDUCTED UPON RENEWAL OF CONTRACT WITH THE COMPENSATION COMMITTEE COMPRISED OF SELECT BOARD MEMBERS. THE ASSOCIATE VICE PRESIDENT OF HUMAN RESOURCES PROVIDES COMPENSATION COMPARABILITY SURVEYS FOR USE BY THE COMPENSATION COMMITTEE IN DETERMINING PRESIDENT/CEO COMPENSATION. ANY COMPENSATION PACKAGE AND SUBSEQUENT BONUS OR MERIT CHANGES ARE RECOMMENDED AND SUBMITTED BY THE COMPENSATION COMMITTEE TO THE BOARD CHAIR WHO COORDINATES APPROVAL BY THE BOARD. DECISIONS AND APPROVALS ARE DOCUMENTED AND STORED WITH HUMAN RESOURCES. LINE 15B: COMPENSATION FOR THE CFO IS DETERMINED VIA MARKET ANALYSIS CONDUCTED USING INDEPENDENT THIRD PARTIES FOR PURPOSES OF COMPARABILITY TO ENSURE EQUITY FOR COMPENSATED OFFICERS. THE COMPENSATION PACKAGE IS THEN REVIEWED AND APPROVED BY THE PRESIDENT/CEO. DECISIONS ARE DOCUMENTED AND KEPT WITH HUMAN RESOURCES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. PACIFIC EDUCATIONAL RESOURCES 2100 E ROUTE 66 STE 101 GLENDORA CA 91740 383911325 ONLINE EDUCATION CA 0 0 LOS ANGELES PACIFIC UNIVERSITY AZUSA PACIFIC UNIVERSITY 901 E ALOSTA AZUSA CA 91702 951744369 CHRISTIAN HIGHER EDUCATION CA 501(C)(3) 2 N/A 0 AZUSA ENSENADA S DE R L DE CV AVENIDA DE LA MARINA NO 10 3ER P TIJUANA MX 22320 REAL ESTATE MX N/A N/A 0 0 AZUSA PACIFIC MEXICALI DE R L DE CV AVENIDA DE LA MARINA NO 10 3ER P TIJUANA MX 22320 REAL ESTATE MX N/A N/A 0 0 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 PART III LAPU IS AN INDIRECT PARTNER IN BOTH ENTITIES LISTED IN PART III. LAPU'S PARENT, APU, IS FILING FORM 8865 ON LAPU'S BEHALF UNDER THE CONSTRUCTIVE OWNERSHIP EXCEPTION.