2026-05-13T08:55:04-05:00 2025-06-30 332621854 CRI CAPIN CROUSE ADVISORS LLC 345 MASSACHUSETTS AVE STE 300 INDIANAPOLIS IN 46204 990 2024-07-01 951644035 POINT LOMA NAZARENE UNIVERSITY POIN 6198492200 3900 LOMALAND DRIVE SAN DIEGO CA 92106 JOSEPH LALUZERNE CHIEF FINANCIAL OFFICER 6198492200 2026-05-13 1 0 ASHLEY PEABODY P01385870 5055022746 2026-05-13 2024 2025-03-06 01:10:19Z DR KERRY FULCHER 3900 LOMALAND DRIVE SAN DIEGO CA 92106 200540378 0 X WWW.POINTLOMA.EDU X 1918 CA NON-PROFIT CHRISTIAN UNIVERSITY. 25 23 2503 26 0 0 7665974 7850169 175983576 189148515 3488670 3122115 195011 222227 187333231 200343026 43339548 59529292 0 0 81740858 89737329 16000 0 2267838 57024229 58491747 182120635 207758368 5212596 -7415342 252340054 251247589 90056033 96067448 162284021 155180141 X POINT LOMA NAZARENE UNIVERSITY EXISTS TO PROVIDE HIGHER EDUCATION IN A VITAL CHRISTIAN COMMUNITY WHERE MINDS ARE ENGAGED AND CHALLENGED, CHARACTER IS MODELED AND FORMED, AND SERVICE BECOMES AN EXPRESSION OF FAITH. WE ASPIRE TO BE A LEARNING COMMUNITY WHERE GRACE IS FOUNDATIONAL, TRUTH IS PURSUED, AND HOLINESS IS A WAY OF LIFE. 0 0 94457076 48589371 161696747 INSTRUCTIONAL ACTIVITIES, INCLUDING STUDENT AID, PREPARE STUDENTS TO ADDRESS THE COMPLEX ISSUES FACING OUR WORLD TODAY WITH INTEGRITY AND FORWARD THINKING. PLNU GRADUATES ENTER THE WORKFORCE PREPARED TO INFLUENCE OUR WORLD FOR GOOD. PLNU SERVES MORE THAN 4,800 STUDENTS OFFERING MORE THAN 50 UNDERGRADUATE AREAS OF STUDY AND 12 GRADUATE PROGRAMS THROUGHOUT SOUTHERN CALIFORNIA. 40102636 10939921 1522633 ACADEMIC SUPPORT BOLSTERS PLNU STUDENTS' ACADEMIC EXPERIENCE THROUGH RESOURCES LIKE THE TUTORIAL CENTER, PLNU'S RYAN LIBRARY, INFORMATION TECHNOLOGY SERVICES, AND MEDIA AND TECHNOLOGY. 25892356 25929135 STUDENT SERVICES ENRICHES THE STUDENT EXPERIENCE AND RESOURCES LIKE THE OFFICES OF STRENGTHS AND VOCATION, THE WELLNESS CENTER, OUTDOOR LEADERSHIP AND RECREATION, SPIRITUAL DEVELOPMENT, AND STUDENT FINANCIAL SERVICES. 160452068 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 0 0 1 1 0 1 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 1 0 1 1 1 1 0 0 0 1 1 0 0 0 1 6483 0 1 2503 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 25 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X JIM BERGHERM 6198492429 3900 LOMALAND DRIVE SAN DIEGO CA 92106 DR KERRY FULCHER PRESIDENT 40.00 1.00 X X 307371 0 60460 DOUGLAS PIERCE CHAIR 1.00 1.00 X X 0 0 0 RICK POWER VICE CHAIR (PART YEAR) 1.00 X X 0 0 0 NELL BECKER SWEEDEN VICE CHAIR 1.00 X X 0 0 0 STEVE SWARTZ SECRETARY 1.00 X X 0 0 0 JAN STONE TRUSTEE 1.00 X 0 0 0 LARRY FRY TRUSTEE 1.00 X 0 0 0 JOSE HERNANDEZ TRUSTEE 1.00 X 0 0 0 ROB SONGER TRUSTEE (PART YEAR) 1.00 X 0 0 0 MENDELL THOMPSON TRUSTEE 1.00 1.00 X 0 0 0 KORDELL KEKOA TRUSTEE 1.00 X 0 0 0 DARYL NICHOLSON TRUSTEE 1.00 X 0 0 0 GARY SMEE EX-OFFICIO TRUSTEE 1.00 1.00 X 0 0 0 DAN SPAITE TRUSTEE 1.00 X 0 0 0 RENE BRAVO TRUSTEE 1.00 X 0 0 0 MOISES CHAMPO TRUSTEE 1.00 X 0 0 0 LAWRENCE LACHER TRUSTEE 1.00 X 0 0 0 DAN CHUNG TRUSTEE 1.00 X 0 0 0 JONNA KNOX SCHENGEL TRUSTEE 1.00 X 0 0 0 ALBERT HUNG TRUSTEE 1.00 X 0 0 0 LADONNA CRABB TRUSTEE 1.00 X 0 0 0 TRAVIS MARSHALL TRUSTEE 1.00 X 0 0 0 MARK LEHMAN TRUSTEE 1.00 X 0 0 0 STEVE HEAP TRUSTEE 1.00 X 0 0 0 BEN LOPEZ TRUSTEE 1.00 X 0 0 0 DAREN PITCHER TRUSTEE 1.00 X 0 0 0 DAREN REED TRUSTEE 1.00 X 0 0 0 ROBERT BROWER PRESIDENT (PART YEAR) 40.00 X X 542394 0 45696 JOSEPH LALUZERNE CHIEF FINANCIAL OFFICER 40.00 1.00 X 225198 0 54410 JEFF BOLSTER VP OF UNIVERSITY SERVICES 40.00 X 174611 0 129080 JIM DAICHENDT PROVOST 40.00 X 178531 0 39174 MARY PAUL VP OF STUDENT LIFE 40.00 X 147839 0 107917 HOLLY IRWIN VICE PRESIDENT FOR MISSION AND CALLING 40.00 X 171848 0 42266 WALTER AUGUSTINE VP FOR INTERCULTURAL ENGAGEMENT 40.00 X 132012 0 7056 SAMARA TIMMS AVP FOR HR 40.00 X 173845 0 18705 2053649 0 504764 8 0 1 0 SODEXO PO BOX 360170 PITTSBURGH PA 15262 MEAL SERVICES 9922439 BYCOR GENERAL CONTRACTORS 6490 MARINDUSTRY DR SAN DIEGO CA 92121 FACILITIES CONTRACTOR 6214827 RED DOOR INTERACTIVE INC 2436 MARKET ST SAN DIEGO CA 92102 MARKETING / PROMOTIONAL SERVICES 2647454 WORKDAY INC PO BOX 886106 LOS ANGELES CA 90088 ERP SOFTWARE SERVICES 968020 GM BUSINESS INTERIORS 110 W A ST STE 140 SAN DIEGO CA 92101 INTERIOR DESIGN 612356 76 14865 678637 7156667 191503 7850169 TUITION AND FEES 611310 161696747 161696747 AUXILIARY REVENUE 611310 25929135 25929135 OTHER PROGRAM REVENUE 611310 1522633 1522633 189148515 2950176 2950176 232956 0 232956 232956 232956 350687 178748 171939 171939 171939 7875 14865 18604 -10729 -10729 200343026 189148515 0 3344342 10939921 10939921 48589371 48589371 1977214 1482911 454759 39544 104697 104697 69333059 51759394 16285682 1287983 3498503 2550395 870644 77464 9288782 4534575 4605244 148963 5535074 3820225 1625904 88945 296157 296123 34 133960 133960 117332 117332 7060674 4904754 2097115 58805 3755817 3435256 267814 52747 2809736 1674822 986433 148481 4559999 1263703 3170888 125408 13419408 13419408 3582855 2342188 1064471 176196 339408 223614 110343 5451 2066754 3785 2062969 7946502 7946502 1704764 7087 1696693 984 CAFETERIA CONTRACTOR 6531017 6531017 EQUIPMENT 1290080 360209 926725 3146 EQUIPMENT RENTAL 705747 289081 409804 6862 2171537 800170 1324542 46825 207758368 160452068 45038462 2267838 4209804 9886109 161 9004078 7217895 6476320 1134597 1132247 3916785 3274913 264703075 97425713 160702429 167277362 53195798 42022569 1453786 1054757 20508799 11119234 252340054 251247589 9898096 9430214 7750476 10655174 69610110 72495391 580612 1877699 2216739 1608970 90056033 96067448 X 151753766 146583885 10530255 8596256 162284021 155180141 252340054 251247589 -7415342 311462 0 X 0 1 X 1 1 1 X 16661712 15990043 11140618 7665974 7850169 59308516 16661712 15990043 11140618 7665974 7850169 59308516 2855387 56453129 1288446 1334341 2547734 3574993 3183132 11928646 96833 19834 31887 148554 71385716 820086230 0.79080 0.76200 X SCHEDULE A, PART II THE ORGANIZATION IS A SCHOOL AS DESCRIBED UNDER 170(B)(1)(A)(II) AND IS NOT REQUIRED TO COMPLETE A PUBLIC SUPPORT SCHEDULE. SCHEDULE A, PART II IS COMPLETED TO VERIFY THAT THE SCHOOL QUALIFIES UNDER PUBLIC CHARITY STATUS SECTION (170(B)(1)(A)(VI) AND QUALIFIES TO USE THE FIRST LISTED SPECIAL RULE FOR SCHEDULE B REPORTING. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 1399 1399 0 PART II-B, LINE 1: THE UNIVERSITY IS A MEMBER OF THE ASSOCIATION OF INDEPENDENT CALIFORNIA COLLEGES AND UNIVERSITIES. 7% OF MEMBERSHIP FEES PAID GO TOWARDS LOBBYING EFFORTS. 87146089 15704992 9465972 1239833 1059782 110017438 68120443 12216364 8785427 1026383 949762 87146089 67948300 1952921 2727691 919253 3589216 68120443 70249099 4377275 -4755201 1138173 784700 67948300 61666559 2118683 8128852 874730 790265 70249099 0.52840 0.47160 0.00000 0 1 1 6640496 6640496 224009916 82044498 141965418 23513658 13362929 10150729 10539005 2018286 8520719 167277362 FINANCING LEASE RIGHT OF USE OBLIGATIONS 44079 OPERATING LEASE RIGHT OF USE OBLIGATIONS 1564891 1608970 PART V, LINE 4: ENDOWMENT FUNDS ARE HELD BY POINT LOMA NAZARENE UNIVERSITY FOUNDATION, A RELATED TAX-EXEMPT ORGANIZATION. THE ENDOWMENT FUNDS ARE MAINTAINED TO PROVIDE SCHOLARSHIPS AND SUPPORT THE GENERAL OPERATIONS OF THE FOUNDATION AND UNIVERSITY. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 PUBLISHED ANNUALLY IN THE SAN DIEGO UNION-TRIBUNE. ADDITIONALLY, THE ORGANIZATION PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY ON THE HOMEPAGE OF ITS WEBSITE IN A MANNER REASONABLY EXPECTED TO BE NOTICED BY VISITORS AFTER THE END OF THE TAX YEAR. 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. SOUTH AMERICA 0 0 PROGRAM SERVICES MISSION TRIPS 47099 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES MISSION TRIPS 29277 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES MISSION TRIPS 14640 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES MISSION TRIPS 13800 0 0 0 0 0 0 104816 0 104816 0 0 0 0 0 0 PART I, LINE 3: THE ORGANIZATION TRACKED EXPENDITURES IN ACCORDANCE WITH THE ACCRUAL BASIS OF ACCOUNTING. GOLF CLASSIC 12040 8540 3500 12093 MEN'S DINNER 10700 6325 4375 6249 262 22740 14865 7875 6249 12355 18604 -10729 1 POINT LOMA NAZARENE UNIVERISTY FOUNDATION 3900 LOMALAND DRIVE SAN DIEGO CA 92106 953948691 501(C)(3) 10939921 0 SUPPORT THE GENERAL OPERATIONS OF THE FOUNDATION AND UNIVERSITY 1 0 STUDENT SCHOLARSHIPS/AWARDS 1863 48589371 PART I, LINE 2: THE UNIVERSITY AWARDS GRANTS, SCHOLARSHIPS, AND STUDENT LOANS BASED ON VARIOUS PREDEFINED CRITERIA. STUDENTS MUST QUALIFY FOR THE ASSISTANCE. STUDENT ENROLLMENT AND CONTINUING ELIGIBILITY ARE VERIFIED ON AN ONGOING BASIS. AMOUNTS ARE APPLIED DIRECTLY TO STUDENT ACCOUNTS, AND NO CASH CHANGES HANDS. THE UNIVERSITY ALSO GRANTS FUNDS TO ITS SUPPORTING ORGANIZATION, POINT LOMA NAZARENE UNIVERSITY FOUNDATION. THE USE OF THESE FUNDS IS MONITORED THROUGH DIRECT OVERSIGHT OF THE FOUNDATION. THE FINANCE DEPARTMENT OF THE UNIVERSITY MAINTAINS THE BOOKS AND RECORDS OF THE FOUNDATION. X X 1 1 X X X 0 0 0 0 0 0 0 1 0 ROBERT BROWER PRESIDENT (PART YEAR) 262757 0 2272 0 277365 0 27403 0 18293 0 588090 0 0 0 DR KERRY FULCHER PRESIDENT 300750 0 777 0 5844 0 21022 0 39438 0 367831 0 0 0 JEFF BOLSTER VP OF UNIVERSITY SERVICES 173702 0 840 0 69 0 14893 0 114187 0 303691 0 0 0 JOSEPH LALUZERNE CHIEF FINANCIAL OFFICER 218249 0 714 0 6235 0 18099 0 36311 0 279608 0 0 0 MARY PAUL VP OF STUDENT LIFE 146369 0 750 0 720 0 31450 0 76467 0 255756 0 0 0 JIM DAICHENDT PROVOST 172077 0 6381 0 73 0 5941 0 33233 0 217705 0 0 0 HOLLY IRWIN VICE PRESIDENT FOR MISSION AND CALLI 170212 0 1567 0 69 0 14773 0 27493 0 214114 0 0 0 SAMARA TIMMS AVP FOR HR 172248 0 1567 0 30 0 14425 0 4280 0 192550 0 0 0 PART I, LINE 1A PURSUANT TO INTERNAL REVENUE CODE SECTION 107, MINISTERIAL HOUSING ALLOWANCES ARE PROVIDED FOR QUALIFYING MINISTERIAL EMPLOYEES. THIS IS NOT INCLUDED IN TAXABLE COMPENSATION. THE VP FOR UNIVERSITY SERVICES MET THE QUALIFICATIONS FOR AND RECEIVED A MINISTERIAL HOUSING ALLOWANCE DURING THE TAX YEAR. THE UNIVERSITY REIMBURSES DR. BROWER, PRESIDENT, FOR THE COST OF HOUSE CLEANING OR LANDSCAPING EXPENSES WHEN HIS RESIDENCE IS USED FOR UNIVERSITY BUSINESS. THESE AMOUNTS ARE NOT INCLUDED IN TAXABLE INCOME. PART I, LINE 7 DISCRETIONARY BONUSES WERE AWARDED TO EMPLOYEES BASED ON THEIR FULL-TIME EQUIVALENCY. THESE BONUSES WERE APPROVED BY THE BOARD. A CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 000000000 2020-08-27 64837500 REFINANCE 5/1/2014 BONDS 0 0 0 B CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 000000000 2022-10-11 14962500 MAIN CAMPUS PROJECTS 0 0 0 A 6476867 64837500 278758 22550445 42008297 2018 1 0 1 1 B 238495 14962500 233178 14729322 2024 0 0 1 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 1 0 0 0 1 A 1 B 1 63138 SCHOLARSHIPS TUITION ASSISTANCE STEPHANIE MATTHEWS FAMILY RELATIONSHIP WITH DOUG PIERCE, TRUSTEE 104697 COMPENSATION 0 X 2195 FMV X 8 178748 HIGH/LOW AVERAGE X 2 510 COST X 1 6000 COST X EQUIPMENT 1 3500 COST X SHEET MUSIC 2 500 COST X EVENT TICKETS 1 50 COST 0 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS REPRESENT THE NUMBER OF CONTRIBUTIONS RECEIVED, NOT THE NUMBER OF ITEMS DONATED. FORM 990, PART VI, SECTION A, LINE 1A THE GOVERNING BOARD HAS AN EXECUTIVE COMMITTEE WHICH, WITH SEVERAL SPECIFIC EXCEPTIONS, HAS THE AUTHORITY TO ACT FOR THE BOARD ON ALL MATTERS SHOULD THE EXECUTIVE COMMITTEE DETERMINE THAT IT WOULD BE IMPRUDENT TO WAIT FOR THE NEXT BOARD MEETING TO TAKE ACTION. THE COMMITTEE IS COMPOSED OF THE CHAIRS OF THE STANDING COMMITTEES (EXCEPT FOR THE AUDIT AND RISK MANAGEMENT COMMITTEES), THE UNIVERSITY PRESIDENT, THE PRESIDENT OF THE PLNU FOUNDATION, AND THE OFFICERS OF THE BOARD (THE CHAIR, VICE CHAIR, AND SECRETARY.) THE BOARD, THROUGH ITS POLICY MANUAL AND VARIOUS ADOPTED RESOLUTIONS, HAS DELEGATED SPECIFIC LEVELS OF RESPONSIBILITY AND AUTHORITY TO THE UNIVERSITY PRESIDENT IN ORDER TO ENABLE HIM AND OTHERS AT THE UNIVERSITY TO MAKE TIMELY OPERATIONAL DECISIONS. THE PRESIDENT WORKS WITH AN ADMINISTRATIVE CABINET THAT HAS BEEN HIRED BY THE PRESIDENT AND APPROVED BY THE BOARD IN CARRYING OUT HIS DELEGATED RESPONSIBILITIES AND IN OPERATING THE UNIVERSITY ON A DAY TO DAY BASIS. THE PRESIDENT'S CABINET CONSISTS OF KERRY FULCHER, PRESIDENT; JOE LALUZERNE, VP OF FINANCE; JIM DAICHENDT , PROVOST; MARY PAUL, VICE PRESIDENT FOR STUDENT LIFE AND FORMATION; AND JEFF BOLSTER, VICE PRESIDENT FOR UNIVERSITY SERVICES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT TAX PREPARER AND REVIEWED IN DETAIL BY THE FINANCE TEAM, AND DISTRIBUTED TO THE BOARD OF TRUSTEES PRIOR TO BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST STATEMENTS ARE COMPLETED ANNUALLY BY ALL MEMBERS OF THE GOVERNING BODY, AS WELL AS OFFICERS AND KEY EMPLOYEES. THE STATEMENTS ARE REVIEWED BY THE CHAIRMAN OF THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. THE FINANCE TEAM ALSO MONITORS ALL TRANSACTIONS FOR POTENTIAL CONFLICTS OF INTEREST. SHOULD ANY POTENTIAL CONFLICTS OF INTEREST BE DISCLOSED, THE BOARD MEMBER OR OFFICER WOULD BE ASKED TO REFRAIN FROM PARTICIPATION IN ANY DELIBERATION OR DECISION WITH REGARD TO MATTERS AFFECTED BY THE RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 15 EACH YEAR AT THE SPRING BOARD MEETING OF THE UNIVERSITY'S BOARD OF TRUSTEES, THE EXECUTIVE COMMITTEE OF THE BOARD RECEIVES A REPORT IN EXECUTIVE SESSION FROM THE ASSOCIATE VICE PRESIDENT FOR HUMAN RESOURCES WHICH COMPARES THE SALARIES OF THE UNIVERSITY PRESIDENT AND SENIOR ADMINISTRATORS (THE ADMINISTRATIVE CABINET) TO SALARIES FOR SIMILAR POSITIONS USING FOUR DIFFERENT SALARY SURVEYS. FOLLOWING DISCUSSION OF THIS INFORMATION, THE EXECUTIVE COMMITTEE TAKES ACTION TO SET THE SALARIES OF THE PRESIDENT AND ADMINISTRATIVE CABINET FOR THE FOLLOWING YEAR, SUBJECT TO APPROVAL OF THE FULL BOARD, AND RECORDS THIS ACTION IN THE MINUTES OF ITS MEETING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND THE FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. POINT LOMA NAZARENE UNIVERSITY FOUNDATION 3900 LOMALAND DRIVE SAN DIEGO CA 92106 953948691 SUPPORT POINT LOMA NAZARENE UNIVERSITY CA 501(C)(3) 12 TYPE 1 POINT LOMA NAZARENE UNIVERSITY 1 CHARITABLE REMAINDER UNITRUST (4) HOLD ASSETS AND REMIT INCOME TO UNIVERSITY CA POINT LOMA NAZARENE UNIVERSITY 1 CHARITABLE REMAINDER TRUST (3) HOLD ASSETS AND REMIT INCOME TO UNIVERSITY CA POINT LOMA NAZARENE UNIVERSITY 1 POOLED INCOME FUND (4) HOLD ASSETS AND REMIT INCOME TO UNIVERSITY CA POINT LOMA NAZARENE UNIVERSITY 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 POINT LOMA NAZARENE UNIVERISTY FOUNDATION B 10939921 BOOK VALUE