Civic Intelligence

Life University Inc.

990 • Fiscal year 2020 • EIN 58-1216007

Jul 01, 2019 to Jun 30, 2020 • Filed on Mar 19, 2021

1269 Barclay CircleMarietta, GA 30060

(770) 426-2884

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.79x

Higher debt load relative to assets than 82% of similar nonprofits.

2020 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2020

Liabilities / Revenue

75th percentile

1.26x

Higher debt load relative to revenue than 75% of similar nonprofits.

2020 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2020

Net Margin

37th percentile

0.3%

Higher net margin than 37% of similar nonprofits.

2020 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2020

Top Officer Pay

45th percentile

$423,016

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 0.5% of source-year revenue.

2020 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2020

Asset Growth

18th percentile

-2.1%

Faster asset growth than 18% of similar nonprofits.

2020 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2019 to 2020

Revenue Growth

56th percentile

4.1%

Faster revenue growth than 56% of similar nonprofits.

2020 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2019 to 2020

Assets

Down

$128,624,795

Down $2,735,207 (-2.1%) from 2019

Net Assets

Up

$26,661,519

Up $714,174 (+2.8%) from 2019

Liabilities

Down

$101,963,276

Down $3,449,381 (-3.3%) from 2019

Revenue

Up

$80,858,176

Up $3,217,747 (+4.1%) from 2019

Expenses

Up

$80,615,837

Up $1,963,288 (+2.5%) from 2019

Net Income

Up

$242,339

Up $1,254,459 (+124%) from 2019

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2010: $115,042,452Liabilities 2010: $73,716,280Net Assets 2010: $41,326,1722010Assets 2011: $115,767,530Liabilities 2011: $73,914,903Net Assets 2011: $41,852,6272011Assets 2012: $114,406,553Liabilities 2012: $73,194,909Net Assets 2012: $41,211,6442012Assets 2013: $114,210,947Liabilities 2013: $72,591,685Net Assets 2013: $41,619,2622013Assets 2014: $115,469,332Liabilities 2014: $72,740,662Net Assets 2014: $42,728,6702014Assets 2015: $114,031,317Liabilities 2015: $72,252,489Net Assets 2015: $41,778,8282015Assets 2016: $114,236,104Liabilities 2016: $72,730,472Net Assets 2016: $41,505,6322016Assets 2017: $109,654,744Liabilities 2017: $71,983,290Net Assets 2017: $37,671,4542017Assets 2018: $133,137,647Liabilities 2018: $105,379,486Net Assets 2018: $27,758,1612018Assets 2019: $131,360,002Liabilities 2019: $105,412,657Net Assets 2019: $25,947,3452019Assets 2020: $128,624,795Liabilities 2020: $101,963,276Net Assets 2020: $26,661,5192020Assets 2021: $133,814,718Liabilities 2021: $103,015,800Net Assets 2021: $30,798,9182021Assets 2022: $134,199,020Liabilities 2022: $104,113,723Net Assets 2022: $30,085,2972022Assets 2023: $131,062,650Liabilities 2023: $101,660,963Net Assets 2023: $29,401,6872023Assets 2024: $125,711,837Liabilities 2024: $98,037,501Net Assets 2024: $27,674,3362024

Highlighted filing

2020

Assets$128,624,795
Liabilities$101,963,276
Net Assets$26,661,519

Operations Trend

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

$100M$50M$0-$50MExpenses 2010: $45,806,0462010Expenses 2011: $49,579,7802011Expenses 2012: $53,642,1632012Revenue 2013: $57,816,038Expenses 2013: $57,480,371Net Income 2013: $335,6672013Revenue 2014: $60,876,816Expenses 2014: $60,053,010Net Income 2014: $823,8062014Revenue 2015: $63,033,279Expenses 2015: $64,021,307Net Income 2015: -$988,0282015Revenue 2016: $66,014,894Expenses 2016: $66,414,828Net Income 2016: -$399,9342016Revenue 2017: $67,200,970Expenses 2017: $68,981,678Net Income 2017: -$1,780,7082017Revenue 2018: $68,695,974Expenses 2018: $76,308,935Net Income 2018: -$7,612,9612018Revenue 2019: $77,640,429Expenses 2019: $78,652,549Net Income 2019: -$1,012,1202019Revenue 2020: $80,858,176Expenses 2020: $80,615,837Net Income 2020: $242,3392020Revenue 2021: $85,437,129Expenses 2021: $82,210,874Net Income 2021: $3,226,2552021Revenue 2022: $88,609,092Expenses 2022: $87,808,500Net Income 2022: $800,5922022Revenue 2023: $90,628,907Expenses 2023: $92,654,319Net Income 2023: -$2,025,4122023Revenue 2024: $91,953,423Expenses 2024: $94,945,024Net Income 2024: -$2,991,6012024

Highlighted filing

2020

Revenue$80,858,176
Expenses$80,615,837
Net Income$242,339
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Mar 19, 2021
Return Version
2019v5.1
Gross Receipts
$82,365,107
Mission and Program Overview

Mission

Life university is a not-for-profit educational institution. The mission of life university is to empower each student with the education, skills and values to maximize the perfection within, based upon a vitalistic philosophy. Life university is committed to a global vision and excellence in teaching, learning and research, providing an exceptional student experience leading to a life of integrity and lasting purpose. Today, life university is sustained by its chiropractic, undergraduate, and master's programs, which set the standard of excellence in contemporary health care education. Graduates life university graduated a total of 644 students during the 2020-2021 academic year. The number of degrees awarded (623) were as follows: college award college of chiropractic 415 college of graduate and undergraduate studies 189 college of online education 40 ------ total 644 award number of degrees awarded associates degree 2 bachelor's degree 167 master's degree 60 doctor of chiropractic 4

Life university is a not for profit educational institution.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$93,729,588$89,999,685▼ $3,729,903
Investments Other Securities$13,235,003$15,524,396▲ $2,289,393
Cash and Non-Interest-Bearing Accounts$15,488,976$14,164,292▼ $1,324,684
Accounts Receivable$3,010,440$2,293,680▼ $716,760
Other Notes and Loans Receivable, Net$2,615,286$2,191,196▼ $424,090
Prepaid Expenses and Deferred Charges$608,101$1,585,566▲ $977,465
Pledges and Grants Receivable$602,094$316,009▼ $286,085
Savings and Temporary Cash Investments$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$131,360,002$128,624,795▼ $2,735,207
Other Assets Total$2,070,514$2,549,971▲ $479,457
Liabilities
Tax Exempt Bond Liabilities$97,450,920$95,660,881▼ $1,790,039
Accounts Payable and Accrued Expenses$7,218,943$5,627,826▼ $1,591,117
Other Liabilities$742,794$674,569▼ $68,225
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Total Liabilities$105,412,657$101,963,276▼ $3,449,381
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$20,620,742$20,855,923▲ $235,181
Net Assets With Donor Restrictions$5,326,603$5,805,596▲ $478,993
Total Net Assets Fund Balance$25,947,345$26,661,519▲ $714,174
Total Liabilities and Net Assets / Fund Balance$131,360,002$128,624,795▼ $2,735,207

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$75,094,479$59,447,339$134,541,818
Equipment$7,779,264$28,758,488$36,537,752
Other Land Buildings$3,557,701$12,310,199$15,867,900
Land$3,442,320-$3,442,320
Leasehold Improvements$125,921$928,530$1,054,451
Other Securities$9,604,812--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$3,246,794$17,608▲ $210,888-$3,475,290
2018$2,999,727$34,441▲ $212,626-$3,246,794
2017$2,653,445$60,810▲ $285,472-$2,999,727
2016$2,282,815$137,771▲ $234,279-$2,653,445
2015$2,302,179$6,086▲ $49,550-$2,282,815
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Guy RiekemanChancellorFT$419,508$3,508$423,016
Robert ScottPresidentFT$310,577$41,547$352,124
William JarrExecutive VP of FinanceFT$241,038$32,860$273,898
Timothy GrossVP of Academic AffairsFT$187,831$18,508$206,339
Gilles LamarcheVP Professional RelationsFT$195,831$8,956$204,787
John DownesVP Global InitiativesFT$148,544$36,537$185,081
Cynthia BoydVP Enrollment & MarketingFT$161,965$5,046$167,011
Jana HolwickDean College of UndergraduateFT$155,726$8,442$164,168
Leslie KingDean - College of ChiropracticFT$154,713$7,931$162,644
Gerard ClumPresidential Liaison for ExterFT$152,077$6,603$158,680
Marc SchneiderVP Student ServiceFT$141,123$11,859$152,982
Robert FoxFT Faculty - ProfessorFT$136,023$9,365$145,388
John McGeeVP OperationsFT$136,702-$136,702
David BellinClinical Prof for Int'l Aff.FT$131,837$322$132,159
Richard BelcastroDean, OI & Distance EducationFT$122,789$3,410$126,199
Mary FaustAssoc. Dean - Academic Admin.FT$124,690$321$125,011

Board Members and Trustees

NameTitle
Aaron GagnonTrustee
Eddy DiazTrustee
Jack GriesbaumTrustee
Janell GibsonTrustee
Jay HandtTrustee
Jeffrey AitaTrustee
Joe LupoTrustee
Kevin FogartyTrustee
Leana KartTrustee
Randolph O'DellTrustee
Rhonda NewtonTrustee
Richard GiuliTrustee
Sandra ElbaumTrustee
Stuart KatzenTrustee
Thomas M KlappTrustee
James GreggTrustee (UNTIL 07/25/2019)

Highest Paid Contractors

ContractorServicesLocationCompensation
ChartwellsCaf ManagementPO BOX 50196, Los Angeles, CA 90074-0196$2,033,571
Virtual Mindset INCIt Consultant1266 WEST PACES FERRY ROAD, Atlanta, GA 30327$740,903
Allied Universal Security ServicesCampus Security1551 N TUSTIN AVE STE 650, Santa Ana, CA 92705$616,606
Varsity Contractors INCCustodial Services1575 HENTHORNE DR, Maumee, OH 43537$412,567
Culinary Services INCCatering1380 Business Center Dr, Conyers, GA 30094$334,064
Revenue and Support

Revenue Composition

Contributions and Grants
$1,423,407
Program Service Revenue
$78,663,509
Investment Income
$588,985
Other Revenue
$182,275
All Other Contributions
$1,408,972
Change in Net Assets
$242,339

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table4$92,869Fair Market Value (FMV)
Securities Publicly Traded1$10,377Fair Market Value (FMV)
Other Non Cash Contri Table1$315Fair Market Value (FMV)
Other Non Cash Contri Table1$200Fair Market Value (FMV)
Books and Publications-$151Fair Market Value (FMV)
Other Non Cash Contri Table1$50Fair Market Value (FMV)
Total Noncash Contributions8$103,962-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$37,697,050
Other Expenses$36,289,093
Grants and Similar Amounts Paid$6,629,694
Total Fundraising Expense$724,872
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$25,728,615$4,808,512$282,964$30,820,091
Fees for Services Other$604,681$6,612,976$11,788$7,229,445
Depreciation Depletion$4,269,185$2,672,466$0$6,941,651
Grants to Domestic Individuals$6,609,694--$6,609,694
Interest-$4,825,811-$4,825,811
Office Expenses$1,389,307$2,478,278$30,583$3,898,168
Current Officers, Directors, Trustees, and Key Employees$1,238,934$1,223,102$215,960$2,677,996
Payroll Taxes$1,863,758$452,542$30,545$2,346,845
Fees for Services Management$75,173$1,794,376-$1,869,549
Information Technology$286,978$1,466,587$34,706$1,788,271
Travel$1,035,386$421,568$30,362$1,487,316
Other Employee Benefits$1,114,939$293,745$8,995$1,417,679
Occupancy$3,712$1,273,316-$1,277,028
Advertising$67,925$1,084,464$4,174$1,156,563
Insurance$20,649$933,868$0$954,517
Conferences and Meetings$403,774$144,880$10,018$558,672
Fees for Services Legal$26,018$507,137-$533,155
Pension Plan Contributions$346,572$80,823$7,044$434,439
Fees for Service Investment Mgmnt Fees$17,910$108,432-$126,342
Fees for Services Accounting-$118,155-$118,155
Other Expenses$35,982$28,234$57,733$64,216
Foreign Grants$20,000--$20,000
Total Functional Expenses$46,439,566$33,451,399$724,872$80,615,837
International Activity

International Summary

Employees
4
Spending
$893,287

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
East Asia and the PacificProgram ServicesOperations-2$705,837
Central America and the CaribbeanProgram ServicesClinic Development-1$100,727
Europe (Including Iceland and Greenland)Program ServicesSeminar/Recruiting-1$86,714
North AmericaProgram ServicesSeminar/Recruiting-0$9
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$2,130
Fundraising Gross Income$2,130
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Scramble$16,565$2,130$1,530$600
Total Events$16,565$2,130$2,130-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Tda2owner is former ChancellorConsulting ServicesNo$220,177
Dr Brian MccaulayFormer Provost/bot MemberConsulting ServicesNo$175,496
100 ChiropracticDaughter/Son-in-Law of ChancellorFranchise Fee and ManagementNo$59,264

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$674,569

Bond Issues

BondIssuerIssuedIssue PricePurpose
ADevelopment Authority of the City of Marietta2017-07-13$91,932,123refunding & University facility

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$91,932,123$0$0$1,796,439

Bond Financing Compliance

Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

Review of Form 990 THE AUDIT AND FINANCE COMMITTEE OF THE BOARD OF TRUSTEES IS PROVIDED A COPY OF FORM 990, PRIOR TO FILING, FOR ITS REVIEW AND APPROVAL. THE FULL BOARD OF TRUSTEES IS PROVIDED A COPY AT THE NEXT REGULARLY SCHEDULED BOARD MEETING.

Form 990, Part VI, Section B, Line 12C

Monitoring Conflicts of Interest Policy AS PART OF THE ORGANIZATION'S INTERNAL CONTROL PROCEDURES, DISCUSSIONS WITH ALL OFFICERS, TRUSTEES, AND KEY EMPLOYEES ARE MADE TO MONITOR AND ENFORCE COMPLIANCE.

FORM 990, PART VI, SECTION B, LINEs 15A & 15B

Determining compensation the independent board members review and approve executive compensation matters.

Form 990, Part VI, Section C, Line 19

Documents Available to the Public DOCUMENTS THAT ARE REQUIRED BY LAW TO BE MADE AVAILABLE TO THE PUBLIC ARE AVAILABLE VIA GUIDESTAR.ORG. ALL OTHER GOVERNING AND CONFLICTS OF INTEREST DOCUMENTS ARE AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Life University Inc
EIN
58-1216007
In Care Of
% WILLIAM D JARR
Phone
7704262884
Address
1269 BARCLAY CIRCLE, MARIETTA, GA 30060

Signing Officer

Name
William D Jarr
Title
Evp of Finance
Phone
7704262884
Signed
2021-03-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William D Jarr
Formed
1974
Legal Domicile
Ga
Voting Board Members
15
Independent Board Members
15
Employees
974
Volunteers
250

Preparer

Firm
Bdo USA Llp
Address
1100 Peachtree Street Suite 700, ATLANTA, GA 30309-4516
Preparer
Sandra L Feinsmith
Phone
4046886841
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4A

College of chiropractic the mission of the life university college of chiropractic, centered on the vertebral subluxation complex, is to educate, mentor and graduate skilled and compassionate doctor of chiropractic to be primary care clinicians, physicians, teachers, and professionals, using the universitys core life proficiencies as their foundation. Response to covid19: on march 17, 2020, seven weeks into winter quarter 2020, the campus was shut down due to the covid19 pandemic. The campus became a ghost town with the absence of students and very little presence from staff. This shut down created an immediate shift from face-to-face teaching to remote teaching. This shift was unprecedented but the dcp faculty along with the center for teaching and learning excellence (cetl) staff, made it a success. It was noted that due to the timing of the covid19 pandemic, most laboratory and technique finals had been in progress or completed. Lecture course examinations were created and delivered in a remote format through the institution's learning management system, blackboard. The institution's cetl developed training sessions providing step by step 'how to' procedures to administer an assessment normally overseen in a classroom into a format that could be delivered remotely. Faculty went to work and converted their examinations to an online format which included methods to ensure academic integrity while students took the examinations. Final examinations were delivered without issue for the winter quarter 2020. Dcp's outpatient clinic remained open and faculty clinicians provided patient care. Covid19 screening procedures consistent with the center for disease control (cdc) and georgia's department of health guidelines were immediately put into place. Procedures included a mailed written notice to all patients with screening questions that, if positive, would prohibit their entry into the clinic; then upon arrival, additional screening procedures were followed. In addition to patient and employee screening, enhanced cleaning and disinfecting protocols were also immediately enacted throughout all areas of the clinic. The dcp administration continuously monitored the data from the cdc and quickly realized that covid19 was not going away anytime soon. The administration began working on a plan to continue education in a remote environment. This work was done in conjunction with the cetl to develop how the spring 2020 quarter's educational materials would be delivered and what support would be needed, for faculty and students. Spring quarter 2020 was completed successfully in a 100% remote environment. Once the state of georgia created the reopening phases, the dcp used those guidelines along with the cdc and georgia's department of health guidelines to prepare for summer quarter 2020. This resulted in arranging the dcp laboratory classrooms for on ground instruction while continuing to keep lecture instruction remote. Every course in the curriculum was offered in a remote format and all lab courses that were offered on campus had a remote option for students who were unable to be on campus. Students were provided the flexibility to move efficiently and effectively from on ground to remote labs based on their preference. Academic policy review and revision: the dcp created a new policy, entitled doctor of chiropractic program 1st term gpa requirement, to identify students who have not met satisfactory academic progress with a gpa that has been identified as too low to continue in the program. The policy requires students to have achieved a minimum gpa after first quarter to ensure the student is serious about their studies and is able to be successful beyond the first term of study. The policy is in response to the revised council on chiropractic education standards policy 56 for a minimum overall completion rate of 70% at 150% of the normal time to complete the program. The council created an exception for meeting the policy for student

Clinic Program Activities

In response to the covid-19 pandemic, on march 15, 2020 life university clinics implemented patient and employee safety procedure and practices, which were based on the recommendations from the center for disease control (cdc), world health organization (who), and the georgia department of public health (gdph). The clinics implemented screening though questionnaire and temperature check, masking/face covering for employees and patients, social distancing, and around the clock sanitizing practices at the clinic facilities. On march 17, 2020, as the life university campus shut down for students, the center for health and optimum performance (c-hop) maintained operations for the community. The doctors directly provided care for their patients, while clinic staff-maintained support operations. During covid-19, to help maintain safety and manage resources, the outreach patients were directed to the c-hop facility for care, as the community outreach extension was shut down for services. During the period of campus shutdown, the interns were able to obtain the needed training through a remote learning environment; peak program maintained normal operations during the campus shutdown. Beginning in the summer of 2020, interns were allowed back to clinics to participate with patient care activities and obtain valuable clinical education at cc-hop and c-hop. The interns and employees were instructed to follow the covid-19 procedures outlined in the life university return the campus plan. The clinic administration monitors life u covid-19 status at life u website, and information shared by cdc, who, and gdph. The outreach extension has remained closed for patient care during the summer 2020 period. Clinic administration is planning to restart operations at outreach extension clinic, once the facility is ready for operations after covid-19 ends. Beginning summer 2020, life university administration was restructured to include a director of clinics managing patient care activities, patient safety, and provider management, serving as chief of staff. Assistant director of clinics manages the functional kinesiology and radiology departments, and durable goods and supplement sales. The clinic director manages the cc-hop facility and the outreach program. Director of clinic business manages support staff operations, budget, reporting, business operations, and payer relations. Director of quality assurance and quality improvement serves to manage the ambuqual system, internal record monitoring program, and serves as the hipaa privacy officer. Director of clinic marketing is in charge of clinic branding, advertising, and promotion efforts. Peak program director manages the level iii program. Executive director of clinical operations manages overall clinical operations.

FORM 990, PART III, LINEs 4B, 4C & 4D

College of graduate and undergraduate studies mission: the mission of the life university college of graduate and undergraduate studies is to empower students to achieve successful careers and meaningful lives, based on a vitalistic philosophy that promotes optimum performance and transformational leadership, to produce a positive impact in a dynamic world. Life academic master plan (lamp) process was completed with recommendations; the life u board approved lamp as part of the 2040 strategic plan. Professional tutoring in english and reading established for cgus with the hiring of ft faculty member formation of the academic learning center is beginning and a math/science tutor. The gardner project has moved into the final phase with an on-campus retreat. Data regarding ug students has been provided to the gardner institute and they have compiled feedback that is being reviewed. The outcome of the retreat was identification of multiple projects aimed at increasing retention at the ug level, with a focus on freshmen and sophomore students. Recommendations from the cgus and gardner institute were provided in the development of the university's quality enhancement plan (qep) for regional accreditation requirements. The undergraduate general education core curriculum has been revised and approved. The general education core incorporates all eight core proficiencies and has added a service-learning component to support slp. College of online education the mission of life university's college of online education is to provide a high-quality global online educational experience, based on a vitalistic philosophy, that maximizes each student's innate potential to pursue their goals and assume roles in leadership and the workplace through the application of integrity and principles of lasting purpose. Center for excellence in teaching and learning the center for excellence in teaching and learning (cetl) supported the institution's rapid transition to remote instruction by developing and providing resources, training modules, and workshops for faculty. Cetl staff conduct over 80 workshops and drop-in sessions during the initial weeks of the transition and have conducted over 500 consultations with faculty members since march. Cetl staff oversaw a renewed initiative aimed at transitioning life faculty members to the use of master course templates in blackboard. Staff delivered workshops, created course shells, conducted one-on-one meetings, and provided numerous digital resources. Staff transitioned osrsa responsibilities to the cetl in 2020, including funded projects, rise scholarships, student travel awards, and research and scholarly activity awards. As part of the transition, staff refined processes and began providing support to the irb committee. The director of the cetl managed development of the institution's quality enhancement plan, enhance, engage, excel: changing the retention paradigm at life university. This plan is designed to engage students in co-curricular and academic resources to increase retention and completion rates. Cetl staff supported the life flex implementation through a variety of activities. Staff researched and identified best practices related to life flex and developed resources and training programs to support faculty during the life flex pilot and the planned campus-wide rollout in 2021. As part of its work, staff developed a comprehensive training program that will be made available to all life u faculty in the winter quarter.

Financial Statement Notes

Schedule D, Part V, Line 4

Endowment Funds DONOR RESTRICTED ASSETS ARE INTENDED FOR FUNDING NEEDS BASED ON INSTITUTIONAL SCHOLARSHIPS AND DONOR REQUESTS.

Schedule D, Part X, Line 2

ASC 740 FOOTNOTE THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE (THE "CODE"). ANY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 512(A)(1) OF THE CODE IS SUBJECT TO INCOME TAXES. U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES REQUIRE THE UNIVERSITYS MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE UNIVERSITY AND RECOGNIZE A TAX LIABILITY IF THE UNIVERSITY HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS). MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE UNIVERSITY, AND HAS CONCLUDED THAT AS OF JUNE 30, 2020, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE Consolidated FINANCIAL STATEMENTS. THE UNIVERSITY RECOGNIZES INTEREST ACCRUED RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OTHER INSTITUTIONAL EXPENSES. THERE WERE NO INTEREST OR PENALTIES RECOGNIZED IN EITHER OF THE YEARS ENDED JUNE 30, 2020 OR 2019. THE UNIVERSITY ESTABLISHED THE LAH SUBSIDIARY AS A C-CORPORATION TO ENSURE THE UNIVERSITY'S TAX-EXEMPT STATUS UNDER 501(C)(3) IS NOT JEOPARDIZED. THE UNIVERSITY'S FEDERAL RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) FOR THE YEARS ENDED JUNE 30, 2020 AND 2019 IS SUBJECT TO EXAMINATION BY THE IRS.

Raw XML AppendixShowing 400 of 1,214 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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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt290
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt310
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chancellor
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Executive VP of Finance
IRS990/Form990PartVIISectionAGrp/TitleTxt3VP of Academic Affairs
IRS990/Form990PartVIISectionAGrp/TitleTxt4VP Professional Relations
IRS990/Form990PartVIISectionAGrp/TitleTxt5VP Global Initiatives
IRS990/Form990PartVIISectionAGrp/TitleTxt6VP Enrollment & Marketing
IRS990/Form990PartVIISectionAGrp/TitleTxt7Dean College of Undergraduate
IRS990/Form990PartVIISectionAGrp/TitleTxt8Dean - College of Chiropractic
IRS990/Form990PartVIISectionAGrp/TitleTxt9Presidential Liaison for Exter
IRS990/Form990PartVIISectionAGrp/TitleTxt10VP Student Service
IRS990/Form990PartVIISectionAGrp/TitleTxt11FT Faculty - Professor
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP Operations
IRS990/Form990PartVIISectionAGrp/TitleTxt13Clinical Prof for Int'l Aff.
IRS990/Form990PartVIISectionAGrp/TitleTxt14Dean, OI & Distance Education
IRS990/Form990PartVIISectionAGrp/TitleTxt15Assoc. Dean - Academic Admin.
IRS990/Form990PartVIISectionAGrp/TitleTxt16Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt17Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt18Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt19Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt20Trustee

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$126$98.0$27.7$92.0$94.9$2.99
2023Detailed filing. Detailed filing data is available for this year.$131$102$29.4$90.6$92.7$2.03
2022Detailed filing. Detailed filing data is available for this year.$134$104$30.1$88.6$87.8$0.80
2021Detailed filing. Detailed filing data is available for this year.$134$103$30.8$85.4$82.2$3.23
2020Detailed filing. Detailed filing data is available for this year.$129$102$26.7$80.9$80.6$0.24
2019Detailed filing. Detailed filing data is available for this year.$131$105$25.9$77.6$78.7$1.01
2018Detailed filing. Detailed filing data is available for this year.$133$105$27.8$68.7$76.3$7.61
2017Detailed filing. Detailed filing data is available for this year.$110$72.0$37.7$67.2$69.0$1.78
2016Detailed filing. Detailed filing data is available for this year.$114$72.7$41.5$66.0$66.4$0.40
2015Detailed filing. Detailed filing data is available for this year.$114$72.3$41.8$63.0$64.0$0.99
2014Detailed filing. Detailed filing data is available for this year.$115$72.7$42.7$60.9$60.1$0.82
2013Summary only. Only limited summary data is available for this year.$114$72.6$41.6$57.8$57.5$0.34
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$114$73.2$41.2$53.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$116$73.9$41.9$49.6
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$115$73.7$41.3$45.8