Western University Of Health Sciences in Pomona, California (CA)

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Western University Of Health Sciences
Employer Identification Number (EIN)953127273
Name of OrganizationWestern University Of Health Sciences
In Care of NameKevin Shaw
Address309 E 2nd St, Pomona, CA 91766-1854
SubsectionEducational Organization
Ruling Date05/1976
DeductibilityContributions are deductible
FoundationSchool
Exempt Organization StatusUnconditional Exemption
Tax Period06/2013
Assets$50,000,000 to greater
Income$50,000,000 to greater
Filing Requirement990 (all other) or 990EZ return
Asset Amount$277,856,101
Amount of Income$256,557,612
Form 990 Revenue Amount$163,959,662
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Graduate, Professional Schools (Separate Entities)


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Amount of income in 2013: $256,557,612
Western University Of Health Sciences: 

 $256,557,612
Other organizations performing similar types of work: 

 $34,257,295

Assets in 2013: $277,856,101
Western University Of Health Sciences: 

 $277,856,101
Other organizations performing similar types of work: 

 $64,480,162

Expenses in 2013: $155,060,103
Western University Of Health Sciences: 

 $155,060,103
Other organizations performing similar types of work: 

 $24,968,416

Income to expenses ratio in 2013: 1.7
This organization: 

 1.7
Other organizations performing similar types of work: 

 1.2

Expenses allocated to program services in 2007: 80.0%
Western University Of Health Sciences: 

 80.0%
Other organizations performing similar types of work: 

 75.4%

Number of employees in 2013: 1,207
This organization: 

 1,207
Other organizations performing similar types of work: 

 409

Employees paid over $100,000 in 2013: 21.3%
This organization: 

 21.3%
Other organizations performing similar types of work: 

 0.0%

Grants share in income in 2013: 4.2%
This organization: 

 4.2%
Other organizations performing similar types of work: 

 10.5%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Checklist
20122013
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?NoNo
Is the organization required to complete Schedule B, Schedule of Contributors?YesYes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?NoNo
Did the organization report an amount for land, buildings, and equipment?YesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?YesYes
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?NoNo
Did the organization report an amount for other liabilities?YesYes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?YesYes
Did the organization obtain separate, independent audited financial statements for the tax year?NoNo
Was the organization included in consolidated, independent audited financial statements for the tax year?YesYes
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?YesYes
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?NoNo
Did the organization attach a copy of its audited financial statements?NoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?YesYes
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?YesYes
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?YesYes
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNo
A family member of a current or former officer, director, trustee, or key employee?YesYes
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNo
Did the organization receive more than $25,000 in non-cash contributions?YesYes
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoYes
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNo
Was the organization related to any tax-exempt or taxable entity?YesYes
Did the organization have a controlled entity within the meaning of section 512(b)(13)?YesYes
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
201120122013
The number reported in Box 3 of Form 1096767707
The number of Forms W-2G00
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?YesYes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return1,0721,207
Did the organization file all required federal employment tax returns?YesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?NoNoNo
Has it filed a Form 990-T for this year?NoNo
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNo
Did the organization file Form 8886-T?NoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?YesYes
Did the organization notify the donor of the value of the goods or services provided?YesYes
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNo
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities $0$0$0
Gross income from members or shareholders$0$0$0
Gross income from other sources$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNo
The amount of tax-exempt interest received or accrued during the year$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0
The amount of reserves on hand$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNo
Has it filed a Form 720 to report these payments?NoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
20122013
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$3,125,223$3,386,791
Total reportable compensation from related organizations$0$0
Total estimated amount of other compensation from the organization and related organizations$260,057$283,503
Total number of individuals who received more than $100,000 of reportable compensation from the organization265232
Total number of independent contractors who received more than $100,000 of compensation from the organization1525
Statement of Revenue
201120122013
Total revenue$126,134,498$151,815,744$163,959,662
Contributions, Gifts, Grants and Other Similar Amounts$5,930,419$12,223,292$6,909,239
Program Service Revenue$115,964,912$137,843,623$155,312,929
Educational Support Services$131,369,032$147,664,239
Book Stores $1,288,499$1,337,993
Educational Support Services$1,305,450$1,418,092
621400$3,289,318$4,138,554
Parking Lots and Garages $591,324$754,051
All other program service revenue$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$827,085$621,396$641,643
Income from investment of tax-exempt bond proceeds$0$0$0
Royalties$0$0$0
Net rental income$49,357$38,712$37,041
Gross rents (Real / Personal)$49,357 / $0$38,712 / $0$37,041 / $0
Less: rental expenses (Real / Personal)$0 / $0$0 / $0$0 / $0
Rental income or (loss) (Real / Personal)$49,357 / $0$38,712 / $0$37,041 / $0
Net gain/loss from sales of assets other than inventory$-81,069$-145,609$-39,740
Gross amount from sales of assets other than inventory (Securities / Other)$90,897,225 / $400$136,708,145 / $0$92,435,462 / $0
Less: cost or other basis and sales expenses (Securities / Other)$90,978,694 / $0$136,853,754 / $0$92,475,202 / $0
Gain or (loss) (Securities / Other)$-81,469 / $400$-145,609 / $0$-39,740 / $0
Net income/loss from fundraising events$-20,637$-35,277$-13,600
Gross income from fundraising events$65,528$64,131$109,148
Less: direct expenses$86,165$99,408$122,748
Net income/loss from gaming activities$0$0$0
Net income/loss from sales of inventory$0$0$0
Miscellaneous Revenue$3,464,431$1,269,607$1,112,150
900099$877,387$647,013
900099$284,593$349,844
900099$101,503$115,293
All other revenue$6,124$0
Statement of Functional Expenses
201120122013
Total functional expenses$124,713,471$154,881,780$155,060,103
Grants and other assistance to domestic organizations and domestic governments$0$0
Grants and other assistance to domestic individuals$2,783,560$3,394,917
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0
Benefits paid to or for members$0$0
Compensation of current officers, directors, trustees, and key employees$1,644,474$1,699,034$1,524,681
Compensation not included above, to disqualified persons$276,540$282,494
Other salaries and wages$59,334,012$69,066,813$77,338,067
Pension plan accruals and contributions$4,719,900$4,832,967
Other employee benefits$6,373,049$8,214,175
Payroll taxes$4,327,904$5,057,918$5,593,440
Fees for services (non-employees)
Management$0$0
Legal$957,826$973,146
Accounting$259,740$281,762
Lobbying$0$0
Professional fundraising services$0$0$0
Investment management fees$64,572$98,505
Other$5,948,409$7,147,693
Advertising and promotion$758,447$699,578
Office expenses$2,306,656$2,433,128
Information technology$1,501,897$1,720,112
Royalties$0$0
Occupancy$8,060,343$8,692,673
Travel$1,492,893$1,807,123
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0
Conferences, conventions, and meetings$822,073$1,687,844
Interest$5,972,202$5,446,955
Payments to affiliates$0$0
Depreciation, depletion, and amortization$7,883,862$8,178,397
Insurance$1,048,687$1,087,839
Other expenses$14,586,632$3,061,153
Other expenses$2,631,951$2,035,091
Other expenses$1,564,657$1,938,056
Other expenses$1,883,686$1,815,988
Other expenses$7,160,433$4,774,319
Balance Sheet
201120122013
Total assets$242,174,952$261,259,361$277,856,101
Cash - non-interest-bearing$0$0
Savings and temporary cash investments$1,633,244$2,539,170
Pledges and grants receivable, net$10,922,120$5,949,849
Accounts receivable, net$3,296,501$1,982,838
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0
Notes and loans receivable, net$24,460,105$24,912,268
Inventories for sale or use$1,181,317$1,123,111
Prepaid expenses and deferred charges$1,165,258$1,564,109
Land, buildings, and equipment: cost or other basis$146,100,747$144,416,180
Investments - publicly traded securities$0$0
Investments - other securities$64,807,353$87,864,979
Investments - program-related$0$0
Intangible assets$0$0
Other assets$7,692,716$7,503,597
Total liabilities$175,096,482$198,115,214$195,964,660
Accounts payable and accrued expenses$18,488,684$21,893,315
Grants payable$0$0
Deferred revenue$22,680,142$26,614,223
Tax-exempt bond liabilities$100,390$98,910,000$97,345,000
Escrow or custodial account liability$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0
Secured mortgages and notes payable to unrelated third parties$0$0$0
Unsecured notes and loans payable to unrelated third parties$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$58,036,388$50,112,122
Total net assets or fund balances$67,078,470$63,144,147$81,891,441
Unrestricted net assets$44,329,379$62,629,923
Temporarily restricted net assets$9,440,514$11,865,062
Permanently restricted net assets$9,374,254$7,396,456
Capital stock or trust principal, or current funds$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:A school described in section 170(b)(1)(A)(ii)
Number of organizations supported0
Sum of amounts of support$0
Revenue, Expenses, and Changes in Net Assets or Fund Balances
20002001200220032004200520062007
Total revenue$41,265,340$42,474,690$43,668,841$52,378,521$56,027,866$67,803,557$79,384,122$92,237,437
Contributions, gifts, grants, and similar amounts received$1,568,751$2,502,174$3,483,010$5,572,776$3,055,734$4,128,125$3,027,008$9,689,439
Contributions to donor advised funds$0$0
Direct public support$804,869$2,189,548$1,476,195$3,707,149$857,560$2,223,752$1,447,905$7,893,179
Indirect public support$0$0$0$0$0$0$0$0
Government contributions (grants)$763,882$312,626$2,006,815$1,865,627$2,198,174$1,904,373$1,579,103$1,796,260
Program service revenue including government fees and contracts$37,173,312$37,648,153$38,077,614$43,410,490$50,888,448$59,435,954$69,951,767$77,619,291
Membership dues and assessments$0$0$0$0$0$0$0$0
Interest on savings and temporary cash investments$0$0$0$0$0$0$0$0
Dividends and interest from securities$1,427,821$907,135$477,792$1,021,883$463,554$1,119,094$1,353,123$2,612,080
Net rental income or (loss)$260,538$185,184$53,898$190,346$199,073$194,708$194,042$205,965
Gross rents$287,793$185,184$53,898$190,346$199,073$194,708$194,042$205,965
Less: rental expenses$27,255$0$0$0$0$0$0$0
Other investment income$0$0$0$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$-48,141$-194,340$-223,364$-136,600$-255,660$-8,376$74,075$-40,226
Gross amount from sales of assets other than inventory$251,740$1,462,429$616,708$1,878,810$1,373,473$1,247,869$2,813,428$2,529,976
Less: cost or other basis and sales expenses$299,881$1,656,769$840,072$2,015,410$1,629,133$1,256,245$2,739,353$2,570,202
Net income or (loss) from special events and activities$0$159,065$206,497$126,400$154,573$160,200$115,975$-117,257
Gross revenue$0$286,095$359,514$289,964$208,785$225,740$269,340$99,139
Less: direct expenses other than fundraising expenses$0$127,030$153,017$163,564$54,212$65,540$153,365$216,396
Gross profit or (loss) from sales of inventory$0$0$0$0$0$0$0$315,152
Gross sales of inventory, less returns and allowances$0$0$0$0$0$0$0$1,201,814
Less: cost of goods sold$0$0$0$0$0$0$0$886,662
Other revenue$883,059$1,267,319$1,593,394$2,193,226$1,522,144$2,773,852$4,668,132$1,952,993
Total expenses$39,862,750$41,970,908$42,208,760$48,935,649$54,530,132$60,389,170$64,533,466$84,735,642
Program services$27,932,185$32,628,288$33,884,327$39,158,107$44,318,914$49,094,497$54,515,310$67,750,567
Management and general$10,213,038$7,947,309$7,428,351$9,232,034$9,795,060$10,656,696$9,392,149$14,615,619
Fundraising$1,717,527$1,395,311$896,082$545,508$416,158$637,977$626,007$2,369,456
Payments to affiliates$0$0$0$0$0$0$0$0
Net assets or fund balances at end of year$21,166,181$21,198,892$22,055,068$25,983,922$28,653,185$36,527,110$52,331,945$54,945,221
Excess or (deficit) for the year$1,402,590$503,782$1,460,081$3,442,872$1,497,734$7,414,387$14,850,656$7,501,795
Net assets or fund balances at beginning of year$20,657,082$21,166,181$21,198,892$22,055,068$25,983,922$28,653,185$36,527,110$52,331,945
Other changes in net assets or fund balances$-893,491$-471,071$-603,905$485,982$1,171,529$459,538$954,179$-4,888,519
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$84,735,642$67,750,567$14,615,619$2,369,456
Grants paid from donor advised funds$0
Other grants and allocations$2,168,134
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$1,164,139$0$1,164,139$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$36,905,880$31,598,115$3,784,963$1,522,802
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$5,997,552$4,858,017$959,608$179,927
Payroll taxes$2,694,194$2,236,181$350,245$107,768
Professional fundraising fees$0$0$0$0
Accounting fees$0$0$0$0
Legal fees$701,716$129,936$571,780$0
Supplies$1,911,502$1,552,736$315,598$43,168
Telephone$283,815$187,313$88,255$8,247
Postage and shipping$160,292$124,229$25,113$10,950
Occupancy$1,869,611$467,403$1,402,208$0
Equipment rental and maintenance$119,403$14,599$104,804$0
Printing and publications$870,343$502,214$318,504$49,625
Travel$1,003,623$913,201$57,176$33,246
Conferences, conventions, and meetings$0$0$0$0
Interest$1,573,641$1,054,339$472,092$47,210
Depreciation, depletion, etc.$3,535,999$2,369,119$1,060,800$106,080
Other expenses not covered above$23,775,798$19,575,031$3,940,334$260,433
Balance Sheets
20002001200220032004200520062007
Total assets$82,741,206$82,662,900$91,006,674$94,056,204$95,939,656$100,379,017$119,886,419$209,532,151
Cash - non-interest-bearing$1,109,537$11,400$11,300$10,950$10,000$11,200$11,022$0
Savings and temporary cash investments$3,279,204$2,014,029$2,677,425$2,086,711$3,945,480$7,908,534$17,828,134$1,270,422
Accounts receivable less allowance for doubtful accounts$2,495,882$3,348,340$4,371,217$3,885,510$3,574,487$2,770,551$2,560,288$1,477,021
Pledges receivable less allowance for doubtful accounts$718,085$1,178,317$1,153,317$3,639,193$2,622,653$2,019,467$1,587,429$1,938,419
Grants receivable$0$0$0$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$7,369,231$8,013,575$8,457,679$9,424,485$10,368,314$11,748,399$15,220,074$14,492,180
Inventories for sale or use$752,969$722,910$548,268$549,113$817,789$781,553$790,035$993,436
Prepaid expenses and deferred charges$2,180,426$740,304$872,591$1,105,781$1,252,450$1,357,180$820,855$1,044,159
Investments - publicly-traded securities$0$0
Investments - other securities$0$0$0$0$0$0$0$0
Investments - land, buildings, and equipment less accumulated depreciation$3,756,746$3,883,422$4,072,669$4,875,194$3,647,949$3,505,586$4,093,026$4,546,298
Investments - other$17,170,464$17,194,525$17,704,203$17,356,668$19,443,203$19,964,850$24,342,438$56,012,487
Land, buildings, and equipment less accumulated depreciation$38,538,609$38,232,445$41,405,911$41,792,793$41,528,141$42,207,477$45,211,699$59,827,296
Other assets, including program-related investments$5,370,053$7,323,633$9,732,094$9,329,806$8,729,190$8,104,220$7,421,419$67,930,433
Total liabilities$61,575,025$61,464,008$68,951,606$68,072,282$67,286,471$63,851,907$67,554,474$154,586,930
Accounts payable and accrued expenses$2,008,102$2,266,076$4,939,050$4,598,578$5,213,925$5,310,568$6,879,686$9,977,045
Grants payable$0$0$0$0$0$0$0$0
Deferred revenue$7,156,093$6,736,029$8,296,074$9,186,804$9,271,919$11,386,373$12,461,663$11,215,041
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Tax-exempt bond liabilities$0$31,345,000$35,310,000$34,165,000$32,950,000$31,665,000$30,305,000$104,900,000
Mortgages and other notes payable$39,501,227$8,782,403$16,254,347$15,896,612$15,610,433$11,424,800$68,943$14,186,009
Other liabilities$12,909,603$12,334,500$4,152,135$4,225,288$4,240,194$4,065,166$17,839,182$14,308,835
Total liabilities and net assets/fund balances$82,741,206$82,662,900$91,006,674$94,056,204$95,939,656$100,379,017$119,886,419$209,532,151
Total net assets or fund balances$21,166,181$21,198,892$22,055,068$25,983,922$28,653,185$36,527,110$52,331,945$54,945,221
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20002001200220032004200520062007
Total revenue$41,265,340$42,474,690$43,668,841$52,378,521$56,027,866$67,803,557$79,384,122$92,237,437
Total revenue, gains, and other support per audited financial statements$40,371,849$42,130,649$44,369,827$52,972,884$56,826,015$67,719,641$80,491,666$90,196,978
Other expenses$-893,491$-344,041$700,986$594,363$798,149$-83,916$1,107,544$-1,069,037
Net unrealized gains on investments$-893,491$-471,071$547,969$430,799$743,937$-149,456$954,179$-1,069,037
Donated services and use of facilities$0$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0$0
Other$0$127,030$153,017$163,564$54,212$65,540$153,365$0
Other revenue$0$0$0$0$0$0$0$971,422
Investment expenses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$971,422
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20002001200220032004200520062007
Total expenses$39,862,750$41,970,908$42,208,760$48,935,649$54,530,132$60,389,170$64,533,466$84,735,642
Total expenses and losses per audited financial statements$39,862,750$42,097,938$42,361,777$49,099,213$54,584,344$60,454,710$64,686,831$83,764,220
Other revenue$0$127,030$153,017$163,564$54,212$65,540$153,365$734,717
Donated services and use of facilities$0$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0$0
Losses$0$0$0$0$0$0$0$0
Other$0$127,030$153,017$163,564$54,212$65,540$153,365$734,717
Other expenses$0$0$0$0$0$0$0$1,706,139
Investment expenses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$1,706,139
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
40$375,000$18,091$57,638
40$210,865$13,002$1,059
40$232,000$17,400$13,906
40$205,000$15,365$4,813
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings14
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 2006480
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$2,777,819$79,770,179
Program service revenue
Program service revenue 1000000$000$0$76,497,476
Program service revenue 2000000$000$0$834,429
Program service revenue 3000000$000$0$227,640
Program service revenue 4000000$000$0$59,746
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$000$0$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$2,612,080$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$0Real property rental income that does not depend on the income or profits derived by the person leasing the property and is excluded by section 512(b)(3)$205,965$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$-40,226$0
Net income or (loss) from special events000000$000$0$-117,257
Gross profit or (loss) from sales of inventory000000$000$0$315,152
Other revenue000000$000$0$1,952,993
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
95162441888%$23,281$590,730
330089211100%$45,768$414,876
954066063100%$0$0
0000000000%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$340,100$17,438$1,813
$300,000$22,500$1,662
$290,000$21,750$5,774
$265,875$15,800$7,989
$250,108$17,547$1,641
Total number of other employees paid over $50,000267
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isSchool
Support Schedule
19992000200120022003200420052006
Total$0$0$0$0$0$0$0$0
Gifts, grants, and contributions received$0$0$0$0$0$0$0$0
Membership fees received$0$0$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0$0$0$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0$0$0$0$0$0
Net income from unrelated business activities not included above$0$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0$0
Other income$0$0$0$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Western University Of Health Sciences309 E 2nd St, Pomona, CA 91766-1854CA1976-05$256,557,612
2Dominican University Of California50 Acacia Ave Bertrand Hall101, San Rafael, CA 94901-2230CA2000-02$125,825,882
3Samuel Merritt University450 30th Street Suite 2840, Oakland, CA 94609-3302CA1986-05$63,907,219
4Fuller Theological Seminary135 N Oakland Ave, Pasadena, CA 91101-1713CA1952-06$62,198,000
5Pacific School Of Religion1798 Scenic Ave, Berkeley, CA 94709-1323CA1939-06$54,500,650
6California Western School Of Law225 Cedar St, San Diego, CA 92101-3046CA1975-11$40,486,295
7Keck Graduate Institute535 Watson Dr, Claremont, CA 91711-4817CA1997-09$32,955,532
8Graduate Theological Union2400 Ridge Rd, Berkeley, CA 94709-1212CA1964-05$28,841,798
9Palo Alto University Inc5271 Scotts Valley Dr Suite 11, Scotts Valley, CA 95066-3577CA1976-04$26,494,077
10Marshall B Ketchum University2575 Yorba Linda Blvd, Fullerton, CA 92831-1615CA1954-06$24,222,685
11Southern California University Of Health Sciences16200 Amber Valley Dr, Whittier, CA 90604-4051CA1948-03$22,811,480
12Life Chiropractic College West25001 Industrial Blvd, Hayward, CA 94545-2801CA1978-02$16,074,352
13Institute Of Transpersonal Psycholo Gy1069 E Meadow Cir, Palo Alto, CA 94303-4231CA1977-01$10,125,276
14Southern California School Of Theology1325 N College Ave, Claremont, CA 91711-3154CA1957-09$9,077,891
15California College Of Podiatric MedicineVallejo, CA 94590CA$6,496,703
16The Commonwealth Medical College525 Pine St, Scranton, PA 18509-3240PA2007-12$34,257,295
17Semmes-Murphey Foundation6325 Humphreys Blvd, Memphis, TN 38120-2300TN2010-07$916,657
18Wyoming State Bar FoundationPO BOX 109, Cheyenne, WY 82003-0109WY1982-05$144,184
19Houston Institute Of Biblical Development, Hibd5815 Airline Dr, Houston, TX 77076-4922TX2007-08$0
20School Of Communication Information And Library Studies, School Of Communication And Information Alumni Association4 Huntington Street, New Brunswick, NJ 08901NJ2000-04$0
Number of organizations performing similar types of work
Arizona3
California18
Colorado1
Connecticut1
District of Columbia1
Florida2
Georgia2
Iowa3
Illinois8
Indiana1
Kentucky1
Louisiana1
Massachusetts10
Maine3
Michigan4
Minnesota5
Missouri4
Mississippi1
North Carolina2
Nebraska2
New Hampshire2
New Jersey1
Nevada1
New York17
Ohio4
Oregon2
Pennsylvania11
Rhode Island2
South Carolina3
Tennessee6
Texas9
Virginia3
Wisconsin1
Wyoming1
International2
Total138

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