2026-05-14T16:27:35-05:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 121 SOUTH TEJON STREET SUITE 1100 COLORADO SPRINGS CO 80903 990 2024-07-01 951890710 CALIFORNIA BAPTIST UNIVERSITY CALI 9513434211 8432 MAGNOLIA AVENUE RIVERSIDE CA 92504 MARK HOWE VP FINANCE & ADMINISTRATION 9513434211 2026-05-14 1 1 SARAH HINTZ P00492291 7196350330 2026-05-14 2024 2025-03-06 01:10:19Z DR RONALD L ELLIS 8432 MAGNOLIA AVENUE RIVERSIDE CA 92504 495791088 0 X CALBAPTIST.EDU X 1954 CA A PRIVATE INSTITUTION OF HIGHER EDUCATION, OFFERING STUDENTS UNDERGRADUATE AND GRADUATE COURSES. 36 36 4233 239 0 0 68050165 74676190 377515509 400501918 9014926 10027396 2181725 -2554480 456762325 482651024 172666134 187189055 0 0 152886492 160587333 0 0 5111142 119641821 123893990 445194447 471670378 11567878 10980646 738691420 762609653 424422635 426187754 314268785 336421899 X A PRIVATE INSTITUTION OF HIGHER EDUCATION, OFFERING BOTH UNDERGRADUATE AND GRADUATE COURSES TO STUDENTS. 0 0 114835834 0 205775647 CALIFORNIA BAPTIST UNIVERSITY BELIEVES EACH PERSON HAS BEEN CREATED FOR A PURPOSE AND STRIVES TO HELP STUDENTS UNDERSTAND AND ENGAGE THIS PURPOSE BY PROVIDING A CHRIST-CENTERED EDUCATIONAL EXPERIENCE THAT INTEGRATES ACADEMIC WITH SPIRITUAL AND SOCIAL DEVELOPMENT OPPORTUNITIES. THE UNIVERSITY CONSISTS OF TEN SCHOOLS AND COLLEGES AND A DIVISION OF ONLINE EDUCATION, SERVING A TOTAL OF 11,931 STUDENTS. CBU OFFERS OVER 100 UNDERGRADUATE BACHELOR DEGREE PROGRAMS, 2 UNDERGRADUATE ASSOCIATE DEGREE PROGRAMS, OVER 40 GRADUATE-LEVEL MASTER PROGRAMS AND 9 DOCTORAL PROGRAMS. 187189055 187189055 0 CBU OFFERS A MULTITUDE OF SCHOLARSHIP AND GRANT OPPORTUNITIES TO MAKE THE COST OF ATTENDANCE MORE AFFORDABLE. THIS INCLUDES INSTITUTIONAL AND PRIVATE SCHOLARSHIPS, FROM FUNDS WITH AND WITHOUT DONOR RESTRICTIONS, IN THE FORM OF GRANTS THAT MAY BE BASED ON MERIT, PERFORMANCE, NEED, OR SOME OTHER SPECIFIC CRITERIA. 69191346 0 123984764 CBU SEEKS TO AID THE STUDENT BODY WITH EMOTIONAL AND PHYSICAL WELL-BEING AND PROVIDES INTELLECTUAL, CULTURAL, AND SOCIAL DEVELOPMENT OUTSIDE THE CONTEXT OF THE FORMAL INSTRUCTION PROGRAM. STUDENT SERVICES INCLUDE ADMISSIONS, CAREER GUIDANCE, COUNSELING, CULTURAL EVENTS, DISABILITY SERVICES, INTERCOLLEGIATE ATHLETICS, NEW STUDENT PROGRAMS, RECREATION SPORTS, SAFETY SERVICES, SPIRITUAL LIFE, STUDENT ACTIVITIES, STUDENT AID ADMINISTRATION, STUDENT HEALTH SERVICE, STUDENT LEADERSHIP AND STUDENT ORGANIZATIONS. 27003015 0 48387011 IN ADDITION TO QUALITY INSTRUCTION AND STUDENT SERVICES, CBU PROVIDES FACILITIES AND ACTIVITIES TO FURTHER PROMOTE THE EDUCATIONAL EXPERIENCE OF STUDENTS AT THE UNIVERSITY. THIS INCLUDES FOOD SERVICES, HOUSING FOR STUDENTS, FACULTY AND STAFF, THE CAMPUS AND TEAM STORES, CONFERENCESAND EVENTS, AND TAHQUITZ PINES CAMP. 10911104 0 19551733 CBU PROVIDES ACADEMIC SUPPORT SERVICES FOR THE INSTITUTION'S PRIMARY PROGRAMS OF INSTRUCTION. IT INCLUDES ADVISING, LIBRARY, REGISTRAR, STUDENT SUCCESS, TECHNOLOGY LABS AND THE WRITING CENTER. 37914119 0 67938744 409130354 1 1 0 0 0 0 0 1 0 1 1 1 0 1 1 1 0 1 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 15462 0 1 4233 1 0 0 0 0 0 1 1 0 0 0 0 1 0 X 36 36 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X SHELLEY MURLEY 9513434292 8432 MAGNOLIA AVE RIVERSIDE CA 92504 ANTHONY DOCKERY CHAIR 1.00 0.00 X X 0 0 0 BRIAN CHELETTE VICE CHAIR 1.00 0.00 X X 0 0 0 BART SHIFTER SECRETARY 1.00 0.00 X X 0 0 0 NANCY AVERA TRUSTEE 1.00 0.00 X 0 0 0 NATALIA AYLETT TRUSTEE 1.00 0.00 X 0 0 0 DANIEL BISHOP TRUSTEE 1.00 0.00 X 0 0 0 TAMMY BROWN TRUSTEE 1.00 0.00 X 0 0 0 WIL BYERS TRUSTEE 1.00 0.00 X 0 0 0 DAVE CONDON TRUSTEE 1.00 0.00 X 0 0 0 WALT CRABTREE TRUSTEE 1.00 0.00 X 0 0 0 JOSH DE LA ROSA TRUSTEE 1.00 0.00 X 0 0 0 DAWN DWYER TRUSTEE 1.00 0.00 X 0 0 0 RICHARD FIELDS TRUSTEE 1.00 0.00 X 0 0 0 BOB GATES TRUSTEE 1.00 0.00 X 0 0 0 DAVID GILL TRUSTEE 1.00 0.00 X 0 0 0 NATHAN GRANILLO TRUSTEE 1.00 0.00 X 0 0 0 SHERI HARDER TRUSTEE 1.00 0.00 X 0 0 0 MARGARET HOLLIS TRUSTEE 1.00 0.00 X 0 0 0 MARNI JIMENEZ TRUSTEE 1.00 0.00 X 0 0 0 STACY JOHNSON TRUSTEE 1.00 0.00 X 0 0 0 DAVID KENNEDY TRUSTEE 1.00 0.00 X 0 0 0 CHRYSTAL KERN TRUSTEE 1.00 0.00 X 0 0 0 PHOEBE LAMBETH TRUSTEE 1.00 0.00 X 0 0 0 SHERRI MAXSON TRUSTEE 1.00 0.00 X 0 0 0 EYDIE MISKEL TRUSTEE 1.00 0.00 X 0 0 0 ROBERT MOHN TRUSTEE 1.00 0.00 X 0 0 0 PAT PAVLIAN TRUSTEE 1.00 0.00 X 0 0 0 WALTER PRICE TRUSTEE 1.00 0.00 X 0 0 0 BRENDA SALAS-FREEMAN TRUSTEE 1.00 0.00 X 0 0 0 PATRICIA SCHIESSEL TRUSTEE 1.00 0.00 X 0 0 0 MICHAEL STAVER TRUSTEE 1.00 0.00 X 0 0 0 REGGIE THOMAS TRUSTEE 1.00 0.00 X 0 0 0 GARY VICK TRUSTEE 1.00 0.00 X 0 0 0 ERICA WARD TRUSTEE 1.00 0.00 X 0 0 0 ANNE YIP TRUSTEE 1.00 0.00 X 0 0 0 RICHARD YU TRUSTEE 1.00 0.00 X 0 0 0 DR RONALD ELLIS PRESIDENT 40.00 0.00 X 2132163 0 163865 MARK HOWE VP FINANCE AND ADMINISTRATION 40.00 0.00 X 506179 0 128826 RICHARD K CROY HEAD BASKETBALL COACH 40.00 0.00 X 726653 0 115633 LOWELL DACUS VP FOR ENROLLMENT 40.00 0.00 X 469393 0 109144 JARROD OLSON HEAD WOMENS BASKETBALL COACH 40.00 0.00 X 525912 0 128713 DR CHARLES SANDS IV PROVOST/VP ACADEMIC AFFAIRS 40.00 0.00 X 438485 0 113261 GARY WARREN ADCOCK HEAD BASEBALL COACH 40.00 0.00 X 383850 0 105504 5182635 0 864946 409 0 1 0 ENCORE ONE LLC 16027 ARROW HIGHWAY IRWINDALE CA 91706 JANITORIAL SERVICES 3022413 ELLUCIAN COMPANY LLC 62578 COLLECTIONS CENTER DR CHICAGO IL 60693 TECHNOLOGY SERVICES 1171604 ENSTAL TECHNOLOGIES 3500 5TH AVENUE STE 301 SAN DIEGO CA 92103 TECHNOLOGY MGMT 785709 ASCEND LEARNING HOLDINGS LLC PO BOX 7410680 CHICAGO IL 60674 TESTING SERVICES 567040 RED8 LLC 611 ANTON BLVD STE 700 COSTA MESA CA 92626 IT SOLUTIONS 478456 19 154161 51964319 22557710 5285352 74676190 TUITION 611310 373619542 373619542 AUXILIARY ENTERPRISES 611710 25547143 25547143 DEPARTMENT AND ACTIVITY FEES 611310 1335233 1335233 400501918 6714548 6714548 87002 87002 183128 0 183128 183128 183128 16410233 13097385 3312848 3312848 3312848 20832 154161 42679 -21847 -21847 OTHER REVENUE 900099 2368455 2368455 GROUND LEASE TERMINATION 531120 -5171218 -5171218 -2802763 482651024 397699155 0 10275679 187189055 187189055 2914775 291478 2390115 233182 126788722 107317112 17158035 2313575 7068640 5908377 1022294 137969 15028086 12514457 2216449 297180 8787110 7376301 1333067 77742 633203 633203 278637 278637 14026 14026 23687649 20136010 3444919 106720 8006582 1213350 6708392 84840 9906835 8222310 1523782 160743 8460593 2428478 5838661 193454 15989383 11645676 4144597 199110 6562147 6118157 360490 83500 15110164 11809548 3030318 270298 23582662 18123445 5037825 421392 3149812 2839856 285047 24909 OTHER EXPENSES 3362099 2312870 1033361 15868 REPAIRS & MAINTENANCE 2493132 2305753 89546 97833 HOSPITALITY 1924169 1378121 153221 392827 BAD DEBT 732897 732897 471670378 409130354 57428882 5111142 38293465 54793241 40044068 34173406 1373434 2745542 19211150 24184504 2731494 3185029 926278 1468777 4013700 2454493 653549023 255092245 382835282 398456778 162846265 192890702 86416284 48257181 738691420 762609653 19726186 18110963 18726832 20434974 274902574 310845501 736782 700947 17621101 16054246 92709160 60041123 424422635 426187754 X 191874682 186659491 122394103 149762408 314268785 336421899 738691420 762609653 10980646 11172468 0 X X 0 1 X 1 1 1 X 63841103 91421136 71603714 68050165 74676190 369592308 63841103 91421136 71603714 68050165 74676190 369592308 369592308 2474499 2362676 3532622 8562549 6984678 23917024 339507 126163 106439 0 0 572109 563882 682729 771557 2018168 396099609 1832142494 0.93310 0.90900 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2020 AMOUNT: $ 563,882. 2021 AMOUNT: $ 682,729. 2022 AMOUNT: $ 771,557. 2023 AMOUNT: $ 0. 2024 AMOUNT: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 113835 X 0 1 736782 35835 700947 1 X 157607036 13271684 19512618 4313456 186077882 133075937 9853844 17591303 2914048 157607036 119106756 7051773 10199738 3282330 133075937 103827086 34255661 -17506209 1469782 119106756 82924687 10056999 12388551 1543151 103827086 0.28660 0.53180 0.18160 1 0 35583645 35583645 395942368 138577988 257364380 93433622 39493233 53940389 102004228 77021024 24983204 26585160 26585160 398456778 COMMON FUND EQUITY AND BONDS 153341560 F BFC FUNDS 30755011 F REAL ESTATE INVESTMENTS 8546176 F TEXAS BAPTIST FOUNDATION 247955 F 192890702 RIGHT OF USE ASSETS 48257181 48257181 FEDERAL STUDENT LOAN FUNDS 2610457 DUE TO RELATED PARTY 9378551 LEASE LIABILITIES 48052115 60041123 X PART III, LINE 4: THE COLLECTION CONSISTS PRIMARILY OF DONATED ART THAT IS BEING PRESERVED IN SUPPORT OF THE UNIVERSITY'S THEATER ARTS ACADEMIC PROGRAM. PART IV, LINE 1B: CALIFORNIA BAPTIST UNIVERSITY ACTS AS A CUSTODIAN TO HOLD FUNDS FOR THE DIFFERENT CLUBS AND STUDENT ACTIVITIES ON CAMPUS. PART IV, LINE 2B: CBU HOLDS VARIOUS FUNDS IN A FIDUCIARY CAPACITY FOR ORGANIZATIONS OF THE UNIVERSITY, SUCH AS CLASSES AND CLUBS. THESE ORGANIZATIONS AND CLUBS RAISE FUNDS IN THEIR OWN CAPACITIES AND EXPEND THE FUNDS ON THEIR ORGANIZATION'S BEHALF. THE REVENUES AND EXPENSES OF THESE ORGANIZATIONS ARE NOT INCLUDED IN THE UNIVERSITY'S FINANCIAL STATEMENTS. PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 300 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND FROM STATE INCOME TAXES; ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS MADE IN THE FINANCIAL STATEMENTS. THE UNIVERSITY HAS EVALUATED ITS TAX POSITIONS AND THE CERTAINTY AS TO WHETHER THOSE POSITIONS WILL BE SUSTAINED IN THE EVENT OF AN AUDIT BY TAXING AUTHORITIES AT THE FEDERAL AND STATE LEVELS. THE PRIMARY TAX POSITIONS EVALUATED ARE RELATED TO THE UNIVERSITYS CONTINUED QUALIFICATION AS A TAX-EXEMPT ORGANIZATION AND WHETHER THERE ARE UNRELATED BUSINESS INCOME ACTIVITIES CONDUCTED THAT WOULD BE TAXABLE. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION; THEREFORE, NO DISCLOSURES OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. THE UNIVERSITY IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THE EXEMPT PURPOSES. THE UNIVERSITY FILES AN EXEMPT ORGANIZATION RETURN AND, IF APPLICABLE, UNRELATED BUSINESS INCOME TAX RETURN IN THE U.S. FEDERAL JURISDICTION AND WITH THE CALIFORNIA FRANCHISE TAX BOARD. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 CALIFORNIA BAPTIST UNIVERSITY HAS A LINK TO THEIR NONDISCRIMINATION POLICIES ON THE HOME PAGE OF THE WEBSITE. SCHEDULE E, PART I, LINE 6 FEDERAL AND STATE SCHOLARSHIPS WERE RECEIVED ON BEHALF OF STUDENTS TO PAY FOR TUITION AND FEES. NORTH AMERICA 0 0 CONTRIBUTIONS RECEIVED N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 LANCER GOLF CLASSIC 174993 154161 20832 10440 5179 27060 174993 154161 20832 10440 5179 27060 42679 -21847 1 INSTITUTIONAL SCHOLARSHIPS 9998 187189055 0 N/A N/A PART I, LINE 2: FUNDS AND SCHOLARSHIPS ARE PROCESSED AND MONITORED THROUGH THE STUDENT FINANCIAL AID OFFICE, ENSURING COMPLIANCE WITH FEDERAL, STATE, AND INSTITUTIONAL REGULATIONS. THE OFFICE OVERSEES THE DISBURSEMENT AND USAGE OF FUNDS, MAINTAINING DETAILED RECORDS AND MONITORING RECIPIENTS' ACADEMIC PROGRESS TO ENSURE CONTINUED ELIGIBILITY. ALL ASSISTANCE IS IN THE FORM OF SCHOLARSHIPS USED FOR TUITION AND FEES. X X X 1 1 X X X X X 0 0 0 0 0 0 0 1 0 DR RONALD ELLIS PRESIDENT 1278019 0 845000 0 9144 0 107500 0 56365 0 2296028 0 0 0 RICHARD K CROY HEAD BASKETBALL COACH 724872 0 0 0 1781 0 54000 0 61633 0 842286 0 0 0 JARROD OLSON HEAD WOMENS BASKETBALL COACH 523324 0 0 0 2588 0 55200 0 73513 0 654625 0 0 0 MARK HOWE VP FINANCE AND ADMINISTRATION 496915 0 0 0 9264 0 54000 0 74826 0 635005 0 0 0 LOWELL DACUS VP FOR ENROLLMENT 462344 0 0 0 7049 0 49603 0 59541 0 578537 0 0 0 DR CHARLES SANDS IV PROVOST/VP ACADEMIC AFFAIRS 436174 0 0 0 2311 0 54000 0 59261 0 551746 0 0 0 GARY WARREN ADCOCK HEAD BASEBALL COACH 382337 0 0 0 1513 0 47867 0 57637 0 489354 0 0 0 PART I, LINE 7 THE ORGANIZATION PAID OUT BONUSES IN 2024 AS FOLLOWS FOR PERSONS LISTED ON FORM 990, PART VII, SECTION A: 1. DR RONALD ELLIS...........$845,000 PART III - OTHER ADDITIONAL INFORMATION AS STIPULATED IN HIS EMPLOYMENT AGREEMENT, THE UNIVERSITY PRESIDENT, DR. ELLIS, LIVES IN A RESIDENCE OWNED BY THE UNIVERSITY. THE NON-CASH FAIR RENTAL VALUE ESIMATED FOR THIS BENEFIT IS $48,000. ADDITIONALLY, THERE IS A $91,800 SOCIAL SECURITY ADJUSTMENT FOR PASTOR DUTIES AND RESPONSIBILITIES. DR. ELLIS ALSO RECEIVED $2,678 FOR TRAVEL FOR COMPANIONS, AND $4,126 FOR HEALTH OR SOCIAL CLUB DUES. THESE BENEFITS ARE NOT INCLUDED IN TAXABLE COMPENSATION. A CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 13048TWM1 2015-07-23 76767969 CONSTRUCTION 0 0 0 B CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 13048TG23 2016-11-17 80287511 CONSTRUCTION 0 0 0 C CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT 680164610 13080SSJ4 2017-09-29 106685145 REFINANCE EXISTING DEBT 0 0 0 D CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 13048V3G1 2025-05-20 86922998 REFINANCE EXISTING DEBT 0 0 0 A 1582031 76767969 7683000 69084969 2017 0 0 1 1 B 8495000 80287511 6842686 1432550 72012275 2019 0 0 1 1 C 23560000 106685145 7686500 1528199 97470445 2017 1 0 1 1 D 86922998 4123293 1712340 19046120 62041275 2025 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 D 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 1 0 0 0 0 0 1 D 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 SCHEDULE K, PART IV, ARBITRAGE, LINE 2C: (A) ISSUER NAME: CALIFORNIA MUNICIPAL FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 08/14/2025 SCHEDULE K, PART IV, ARBITRAGE, LINE 2C: (B) ISSUER NAME: CALIFORNIA MUNICIPAL FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 01/10/2022 X 4 253251 MARKET VALUE X 1 4937646 FAIR VALUE X IN-KIND GOODS 4 94455 MARKET VALUE 13 0 1 0 PART I, COLUMN (B): COLUMN (B) INDICATED THE NUMBER OF DONORS. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL, BETWEEN REGULAR BOARD MEETINGS, BE EMPOWERED TO ACT AS AGENT OF THE BOARD OF TRUSTEES IN MANAGING THE BUSINESS AND AFFAIRS OF CALIFORNIA BAPTIST UNIVERSITY AND ON SPECIAL MATTERS AS SET FORTH IN THESE BY-LAWS OR AS THE BOARD SHALL FROM TIME TO TIME DESIGNATE. HOWEVER, IN ANY SINGLE MATTER WHICH EXCEEDS TWO PERCENT IN EXPENDITURES OF THE CURRENT ANNUAL OPERATING BUDGET A SPECIAL MEETING OF THE BOARD SHALL BE CALLED. REVIEW OF STANDING COMMITTEE RECOMMENDATIONS SHALL BE MADE BY THE EXECUTIVE COMMITTEE PRIOR TO BOARD ACTION. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE BOARD OF TRUSTEES OF CALIFORNIA BAPTIST UNIVERSITY SHALL BE THOSE PERSONS ELECTED BY THE CALIFORNIA SOUTHERN BAPTIST CONVENTION, IN HARMONY WITH THE REQUIREMENTS OF THE CONSTITUTION OF THE CONVENTION AND THE CHARTER OF THE UNIVERSITY. FORM 990, PART VI, SECTION A, LINE 7B FOLLOWING THE CLOSE OF THE ANNUAL CALIFORNIA SOUTHERN BAPTIST CONVENTION ALL TRUSTEES, OTHER THAN THE CHAIR OF THE BOARD, SHALL BE APPOINTED BY THE CHAIR TO ONE (1) COMMITTEE FOR A TERM OF ONE (1) YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY THE ORGANIZATIONS INDEPENDENT ACCOUNTING FIRM WITH INFORMATION PROVIDED BY MANAGEMENT. THE FORM IS REVIEWED AND THE INFORMATION PROVIDED IS VERIFIED BY UNIVERSITY PERSONNEL. A COPY OF THE FORM IS PROVIDED TO THE BOARD OF DIRECTORS ON A SECURE WEBSITE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE BOARD OF TRUSTEES, PRESIDENT AND EXECUTIVE COUNCIL OF CALIFORNIA BAPTIST UNIVERSITY SIGN AND AGREE TO A CONFLICT OF INTEREST STATEMENT. THE STATEMENT REQUIRES THE SIGNOR TO AFFIRM THAT THEY HAVE REVIEWED THE POLICY ON CONFLICTS OF INTEREST AND DISCLOSURE OF INTERESTS AND ARE FAMILIAR WITH THE CONTENTS, AND AGREE TO COMPLY WITH SAME. MONITORING IS PERFORMED REGULARLY BY THE OFFICERS TO IDENTIFY POTENTIAL CONFLICTS OF INTEREST. ANY QUESTION OF A CONFLICT IS ADDRESSED WITH THE INTERESTED PERSON, WHO IS REQUIRED TO DISCLOSE THE EXISTENCE OF ANY FINANCIAL INTEREST AND BE AFFORDED THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD AND EXECUTIVE DIRECTOR. IF A CONFLICT OF INTEREST IS IDENTIFIED, THE APPROPRIATE ACTION IS TAKEN, INCLUDING LIMITATIONS TO THE INDIVIDUAL'S INFLUENCE ON RELATED BUSINESS MATTERS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES, THROUGH THE UNIVERSITY ADMINISTRATION, CONTRACTS WITH A THIRD PARTY WHICH PROVIDES COMPENSATION REPORTS AND RECOMMENDATIONS FOR THE CEO AND OTHER OFFICERS AND KEY EMPLOYEES OF THE UNIVERSTITY. THE BOARD REVIEWS AND DISCUSSES THESE REPORTS AND MAKES THE COMPENSATION DECISIONS FOR THE CEO. THE CEO, AS DELEGATED BY THE BOARD, REVIEWS THE REPORTS PROVIDED BY THE THIRD PARTY CONTRACTOR AND MAKES THE COMPENSATION DECISIONS FOR OTHER OFFICERS AND KEY EMPLOYEES OF THE UNIVERSITY. DECISIONS ARE RECORDED IN THE MINUTES OF THE BOARD MEETING AND IN SEPARATE INSTRUCTIONS TO THE CEO TO IMPLEMENT THE DECISIONS. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2025. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY PROVIDES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. CBU HEMET STREET LLC 8432 MAGNOLIA AVENUE RIVERSIDE CA 92504 951890710 TITLE HOLDING CA 0 5462252 CALIFORNIA BAPTIST UNIVERSITY 3501 ADAMS LLC 8432 MAGNOLIA AVENUE RIVERSIDE CA 92504 931993885 TITLE HOLDING CA 55950 1575323 CALIFORNIA BAPTIST UNIVERSITY