Civic Intelligence

Transpacific University Inc Fka Hasaca National University Inc

990EZ • Fiscal year 2014 • EIN 45-4047696

Jan 01, 2014 to Dec 31, 2014 • Filed on Sep 01, 2015

15 Business Park Way No 103Sacramento, CA 94828

(916) 880-3110

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

98th percentile

3.70x

Higher debt load relative to assets than 98% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

100th percentile

23.86x

Higher debt load relative to revenue than 100% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

1st percentile

-638%

Higher net margin than 1% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

79th percentile

33%

Faster asset growth than 79% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

19th percentile

-25%

Faster revenue growth than 19% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$145,171

Up $36,318 (+33%) from 2013

Net Assets

-$391,736

No earlier filing loaded for comparison.

Liabilities

Up

$536,907

Up $179,877 (+50%) from 2013

Revenue

Down

$22,500

Down $7,508 (-25%) from 2013

Expenses

Down

$166,059

Down $40,073 (-19%) from 2013

Net Income

Up

-$143,559

Up $32,565 (+18%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0-$500K-$1.0MAssets 2012: $51,485Liabilities 2012: $123,5382012Assets 2013: $108,853Liabilities 2013: $357,0302013Assets 2014: $145,171Liabilities 2014: $536,907Net Assets 2014: -$391,7362014Assets 2015: $103,220Liabilities 2015: $720,644Net Assets 2015: -$617,4242015

Highlighted filing

2014

Assets$145,171
Liabilities$536,907
Net Assets-$391,736

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200K-$400KRevenue 2012: $30,205Expenses 2012: $102,258Net Income 2012: -$72,0532012Revenue 2013: $30,008Expenses 2013: $206,132Net Income 2013: -$176,1242013Revenue 2014: $22,500Expenses 2014: $166,059Net Income 2014: -$143,5592014Revenue 2015: $0Expenses 2015: $225,688Net Income 2015: -$225,6882015

Highlighted filing

2014

Revenue$22,500
Expenses$166,059
Net Income-$143,559
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Sep 1, 2015
Return Version
2014v5.0
Gross Receipts
$22,500
Mission and Program Overview

Mission

The organization empowers learners to acquire, apply, and create knowledge through flexible and traditional education programs focusing on progressive and meaningfull social relevance, personal enrichment, and professional advancement. The organization's objective is to design and deliver academic programs that better prepare students for a professional career in a highly competitive international environment in order that they may occupy responsible positions of leadership, management, technical specialties, and expertise in their field of studies.

Hasaca national university empowers learners to acquire, apply, and create knowledge through flexible and traditional education programs focusing on progressive and meaningfull social relevance, personal enrichment, and professional advancement. Hasaca national university's objective is to design and deliver academic programs that better prepare students for a professional career in a highly competitive international environment in order that they may occupy responsible positions of leadership, management, technical specialties, and expertise in their field of studies.

Program Services

DescriptionGrantsExpenses
HASACA NATIONAL UNIVERSITY PROVIDES POST-SECONDARY ONLINE EDUCATION LEADING TO BACHELORS, MASTERS AND DOCTORAL DEGREES.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
VICTOR BAOPresident/ChairmanPT$0--
ANNA NGUYENVice President/TreasurerPT$0--
DAHLIA BAOSecretaryPT$0--
FRED DIULUS PHDTrustee-$0--
MICHAEL THOMASTrustee-$0--
VIKTOR HRYTSAY PHDTrustee-$0--
WILSON BAOTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Hasaca National University Inc
EIN
45-4047696
Phone
9168803110
Address
15 BUSINESS PARK WAY NO 103, SACRAMENTO, CA 94828

Signing Officer

Name
Victor Bao
Title
President
Phone
9163939580
Signed
2015-09-01
Discuss with paid preparer
Yes

Preparer

Firm
Robert R Redwitz & Co
Address
1 ALMADEN BLVD SUITE 950, SAN JOSE, CA 95113
Preparer
Jennifer Riva-kirk
Phone
4083773441
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 20,094. Description: other expenses. Amount: 27,672. Total to form 990-ez, line 14: 47,766.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: accounting. Amount: 5,485. Description: bank service charge. Amount: 1,330. Description: computer expense. Amount: 6,920. Description: auto expense. Amount: 2,529. Description: meal expense. Amount: 9,921. Description: office supplies. Amount: 2,514. Description: supplies. Amount: 326. Description: travel. Amount: 4,220. Description: consulting. Amount: 48,750. Description: materials. Amount: 3,942. Description: telephone. Amount: 765. Description: licenses & fees. Amount: 10,930. Description: insurance. Amount: 1,000. Description: interest expense. Amount: 584. Description: miscellaneous expense. Amount: 2,055. Description: office expense. Amount: 2,169. Description: school service. Amount: 1,260. Total to form 990-ez, line 16: 104,700.

Form 990-ez, Part II, Line 24 - Other Assets

Description: security deposit. Beg. Of year amount: 0. End of year amount: 1,384. Description: other depreciable assets. Beg. Of year amount: 104,289. End of year amount: 114,735.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 85. End of year amount: 0. Description: due to related party. Beg. Of year amount: 348,025. End of year amount: 526,868. Description: line of credit. Beg. Of year amount: 8,920. End of year amount: 10,039.

Raw XML Appendix200 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT/CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT/TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TRUSTEE
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IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
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IRS990EZ/OtherChangesInNetAssetsAmt00
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IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0HASACA NATIONAL UNIVERSITY EMPOWERS LEARNERS TO ACQUIRE, APPLY, AND CREATE KNOWLEDGE THROUGH FLEXIBLE AND TRADITIONAL EDUCATION PROGRAMS FOCUSING ON PROGRESSIVE AND MEANINGFULL SOCIAL RELEVANCE, PERSONAL ENRICHMENT, AND PROFESSIONAL ADVANCEMENT. HASACA NATIONAL UNIVERSITY'S OBJECTIVE IS TO DESIGN AND DELIVER ACADEMIC PROGRAMS THAT BETTER PREPARE STUDENTS FOR A PROFESSIONAL CAREER IN A HIGHLY COMPETITIVE INTERNATIONAL ENVIRONMENT IN ORDER THAT THEY MAY OCCUPY RESPONSIBLE POSITIONS OF LEADERSHIP, MANAGEMENT, TECHNICAL SPECIALTIES, AND EXPERTISE IN THEIR FIELD OF STUDIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0HASACA NATIONAL UNIVERSITY PROVIDES POST-SECONDARY ONLINE EDUCATION LEADING TO BACHELORS, MASTERS AND DOCTORAL DEGREES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd01
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IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0536907
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IRS990EZ/TaxImposedOnOrganizationMgrAmt00
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IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TotalRevenueAmt022500
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.HNU-EDU.US
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleE/ComplianceWithRevProc7550Ind00
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
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IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PUBLISHED THE NON-DISCRIMINATION NOTICE DURING THE PERIOD OF SOLICITATION OF STUDENTS AND DURING THE REGISTRATION PERIOD IN THE LOCAL NEWSPAPER AVAILABLE FOR GENERAL CIRCULATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0FOR START UP COSTS
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DEPRECIATION. AMOUNT: 20,094. DESCRIPTION: OTHER EXPENSES. AMOUNT: 27,672. TOTAL TO FORM 990-EZ, LINE 14: 47,766.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ACCOUNTING. AMOUNT: 5,485. DESCRIPTION: BANK SERVICE CHARGE. AMOUNT: 1,330. DESCRIPTION: COMPUTER EXPENSE. AMOUNT: 6,920. DESCRIPTION: AUTO EXPENSE. AMOUNT: 2,529. DESCRIPTION: MEAL EXPENSE. AMOUNT: 9,921. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 2,514. DESCRIPTION: SUPPLIES. AMOUNT: 326. DESCRIPTION: TRAVEL. AMOUNT: 4,220. DESCRIPTION: CONSULTING. AMOUNT: 48,750. DESCRIPTION: MATERIALS. AMOUNT: 3,942. DESCRIPTION: TELEPHONE. AMOUNT: 765. DESCRIPTION: LICENSES & FEES. AMOUNT: 10,930. DESCRIPTION: INSURANCE. AMOUNT: 1,000. DESCRIPTION: INTEREST EXPENSE. AMOUNT: 584. DESCRIPTION: MISCELLANEOUS EXPENSE. AMOUNT: 2,055. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 2,169. DESCRIPTION: SCHOOL SERVICE. AMOUNT: 1,260. TOTAL TO FORM 990-EZ, LINE 16: 104,700.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: SECURITY DEPOSIT. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,384. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 104,289. END OF YEAR AMOUNT: 114,735.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 85. END OF YEAR AMOUNT: 0. DESCRIPTION: DUE TO RELATED PARTY. BEG. OF YEAR AMOUNT: 348,025. END OF YEAR AMOUNT: 526,868. DESCRIPTION: LINE OF CREDIT. BEG. OF YEAR AMOUNT: 8,920. END OF YEAR AMOUNT: 10,039.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0VICTOR BAO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09163939580
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-09-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HASACA NATIONAL UNIVERSITY INC
ReturnHeader/Filer/BusinessNameControlTxt0HASA
ReturnHeader/Filer/EIN0454047696
ReturnHeader/Filer/PhoneNum09168803110
ReturnHeader/Filer/USAddress/AddressLine1Txt015 BUSINESS PARK WAY NO 103
ReturnHeader/Filer/USAddress/CityNm0SACRAMENTO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094828
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0330850406
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ROBERT R REDWITZ & CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01 ALMADEN BLVD SUITE 950
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAN JOSE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd095113
ReturnHeader/PreparerPersonGrp/PhoneNum04083773441
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JENNIFER RIVA-KIRK
ReturnHeader/ReturnTs02015-09-04T10:21:21-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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