Civic Intelligence

Fresno Pacific University Foundation

990 • Fiscal year 2022 • EIN 77-0139570

Jul 01, 2021 to Jun 30, 2022 • Filed on Jul 14, 2023

Organization Profilewww.fresno.edu/foundation
1717 S Chestnut AveFresno, CA 93702

(559) 453-3451

Siviq Scores

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

Liabilities / Assets

59th percentile

0.26x

Higher debt load relative to assets than 59% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

95th percentile

5.94x

Higher debt load relative to revenue than 95% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

93rd percentile

68%

Higher net margin than 93% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

46th percentile

$166,123

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 17.5% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

2nd percentile

-34%

Faster asset growth than 2% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

91st percentile

85%

Faster revenue growth than 91% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$21,913,839

Down $11,353,429 (-34%) from 2021

Net Assets

Down

$16,270,724

Down $10,024,401 (-38%) from 2021

Liabilities

Down

$5,643,115

Down $1,329,028 (-19%) from 2021

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin93rd percentile

Revenue

Up

$950,442

Up $436,635 (+85%) from 2021

Expenses

Up

$305,976

Up $95,990 (+46%) from 2021

Net Income

Up

$644,466

Up $340,645 (+112%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

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

$40M$30M$20M$10M$0Assets 2010: $25,835,880Liabilities 2010: $9,749,913Net Assets 2010: $16,085,9672010Assets 2011: $24,897,054Liabilities 2011: $9,403,735Net Assets 2011: $15,493,3192011Assets 2012: $25,220,108Liabilities 2012: $9,153,800Net Assets 2012: $16,066,3082012Assets 2013: $26,667,781Liabilities 2013: $8,835,738Net Assets 2013: $17,832,0432013Assets 2014: $28,638,975Liabilities 2014: $9,555,395Net Assets 2014: $19,083,5802014Assets 2015: $28,492,670Liabilities 2015: $8,974,337Net Assets 2015: $19,518,3332015Assets 2016: $27,498,581Liabilities 2016: $7,213,892Net Assets 2016: $20,284,6892016Assets 2017: $28,530,923Liabilities 2017: $7,934,848Net Assets 2017: $20,596,0752017Assets 2018: $28,397,426Liabilities 2018: $7,000,332Net Assets 2018: $21,397,0942018Assets 2019: $30,055,214Liabilities 2019: $7,420,399Net Assets 2019: $22,634,8152019Assets 2020: $29,563,063Liabilities 2020: $6,471,021Net Assets 2020: $23,092,0422020Assets 2021: $33,267,268Liabilities 2021: $6,972,143Net Assets 2021: $26,295,1252021Assets 2022: $21,913,839Liabilities 2022: $5,643,115Net Assets 2022: $16,270,7242022Assets 2023: $21,412,950Liabilities 2023: $5,353,229Net Assets 2023: $16,059,7212023Assets 2024: $22,783,769Liabilities 2024: $4,968,933Net Assets 2024: $17,814,8362024

Highlighted filing

2022

Assets$21,913,839
Liabilities$5,643,115
Net Assets$16,270,724
Open 2022 Filing

Operations Trend

Revenue Growth91st percentile

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

$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2010: $893,4022010Revenue 2011: $716,637Expenses 2011: $346,769Net Income 2011: $369,8682011Revenue 2012: $74,333Expenses 2012: $295,688Net Income 2012: -$221,3552012Revenue 2013: $461,703Expenses 2013: $172,514Net Income 2013: $289,1892013Revenue 2014: $1,071,765Expenses 2014: $160,667Net Income 2014: $911,0982014Revenue 2015: $224,373Expenses 2015: $23,631Net Income 2015: $200,7422015Revenue 2016: $1,820,253Expenses 2016: $350,601Net Income 2016: $1,469,6522016Revenue 2017: -$818,300Expenses 2017: $192,710Net Income 2017: -$1,011,0102017Revenue 2018: $450,307Expenses 2018: $233,800Net Income 2018: $216,5072018Revenue 2019: $762,895Expenses 2019: $269,019Net Income 2019: $493,8762019Revenue 2020: $311,521Expenses 2020: $309,366Net Income 2020: $2,1552020Revenue 2021: $513,807Expenses 2021: $209,986Net Income 2021: $303,8212021Revenue 2022: $950,442Expenses 2022: $305,976Net Income 2022: $644,4662022Revenue 2023: $524,884Expenses 2023: $1,453,532Net Income 2023: -$928,6482023Revenue 2024: $1,607,815Expenses 2024: $447,734Net Income 2024: $1,160,0812024

Highlighted filing

2022

Revenue$950,442
Expenses$305,976
Net Income$644,466
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Jul 14, 2023
Return Version
2021v4.2
Gross Receipts
$4,080,758
Mission and Program Overview

Mission

Fresno Pacific University Foundation exists for the purpose of the advancement and support of education through providing assistance to and benefits for Fresno Pacific University, its students, faculty, and programs.

To support Fresno Pacific University in the fulfillment of its mission.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$10,011,473$9,010,342▼ $1,001,131
Savings and Temporary Cash Investments$1,263,862$1,264,929▲ $1,067
Land, Buildings, and Equipment, Net$1,103,651$1,184,677▲ $81,026
Cash and Non-Interest-Bearing Accounts$172,596$216,972▲ $44,376
Accounts Receivable$83,744$82,732▼ $1,012
Loans From Officers Directors$30,903--
Other Notes and Loans Receivable, Net$23,781$0▼ $23,781
Total Assets$33,267,268$21,913,839▼ $11,353,429
Other Assets Total$20,608,161$10,154,187▼ $10,453,974
Liabilities
Other Liabilities$5,612,396$4,329,444▼ $1,282,952
Mortgage Notes Payable Secured by Investment Property$1,297,963$1,282,751▼ $15,212
Accounts Payable and Accrued Expenses$30,881$30,920▲ $39
Total Liabilities$6,972,143$5,643,115▼ $1,329,028
Net Assets / Fund Balance
Net Assets With Donor Restrictions$18,106,690$15,714,395▼ $2,392,295
Net Assets Without Donor Restrictions$8,188,435$556,329▼ $7,632,106
Total Net Assets Fund Balance$26,295,125$16,270,724▼ $10,024,401
Total Liabilities and Net Assets / Fund Balance$33,267,268$21,913,839▼ $11,353,429

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$849,614$94,753$944,367
Land$335,063-$335,063
Other Assets Org$2,935--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$11,036,255$79,593▼ $1,172,853-$9,711,356
2020$8,856,999$244,258▲ $2,062,153-$11,036,255
2019$8,752,169$33,380▲ $278,388$29,840$8,856,999
2018$7,921,178$520,502▲ $499,116-$8,752,169
2017$7,811,939$47,495▲ $76,926-$7,921,178
Compensation and Service Providers
Top Officer Pay46th percentile

Board Members and Trustees

NameTitle
Robert HerrickBoard Chair
Bassim MichaelVice Chair
Don WarkentineDirector
Karl StrubeDirector
Luke DeGrootDirector
Roger NordDirector
Donald GriffithExecutive Director
Sonya MorganSecretary
Tim FranzTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$274,989
Program Service Revenue
$0
Investment Income
$602,292
Other Revenue
$73,161
All Other Contributions
$274,989
Change in Net Assets
$644,466

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
Real Estate Residential1$115,000Appraisal
Total Noncash Contributions1$115,000-

Audited Revenue Reconciliation

Revenue per Audited Statements
$882,180
Revenue Not Reported on Financial Statements
$68,262
Revenue Not Reported on Form 990
$-2,251,058
Total Revenue per Audited Statements
$-1,368,878
Total Revenue per Form 990
$950,442
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$231,638
Other Expenses$74,338
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$231,638--$231,638
Fees for Service Investment Mgmnt Fees-$68,262-$68,262
Office Expenses-$4,098-$4,098
Fees for Services Legal-$1,303-$1,303
All Other Expenses-$675-$675
Total Functional Expenses$231,638$74,338$0$305,976

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$654,705
Expenses Not Reported on Form 990$416,991
Total Expenses per Form 990$305,976
Expenses per Audited Statements$237,714
Expenses Not Reported on Financial Statements$68,262
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$30,903--
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Unitrust/Annuity trust liabilities$3,606,078
Unitrust liability - due to others$673,378
Due to Fresno Pacific University$49,988
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
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
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 A, line 1A

“The Organization has an executive committee with the authority to act on behalf of the full board. All decisions made by the executive committee are confirmed by the full board during regular meetings. The executive committee is made up of Robert Herrick - Chairman, Bassim Michael - Vice Chairman, Tim Franz - Treasurer and Sonya Morgan - Secretary.”

Form 990, Part VI, Section A, line 7A

“A majority of the Foundation's board members are selected by Fresno Pacific University.”

Form 990, Part VI, Section B, line 11B

“Form 990 is prepared by an independent CPA firm. A draft of the 990 is provided to the organization for initial review. The Executive Director and Administrative Coordinator perform a thorough review of the return and provide revisions, if any, to the preparer. The final version of the 990 is distributed to all board members prior to filing with the IRS.”

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

“The policy is brought to the attention of the board annually and all members of the board, including officers, sign the policy and also declare if there are any conflicts of interest. Any potential conflicts are reviewed by the Executive Director. The Executive Director's conflict of interest policy will be reviewed by the President of FPU. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship.”

Form 990, Part VI, Section B, line 15

“The organization does not compensate any officers or key employees. Therefore, these lines were answered no in accordance with the instructions.”

Form 990, Part VI, Section C, line 19

“The Foundation makes the governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Fresno Pacific University Foundation
EIN
77-0139570
Phone
5594533451
Address
1717 S Chestnut Ave, Fresno, CA 93702

Signing Officer

Name
Steven Redekop
Title
Director of FPU Fdn. Development
Phone
5594533451
Signed
2023-07-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steven Redekop
Formed
1986
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
9

Preparer

Firm
Capin Crouse LLP
Address
3200 Guasti Road Suite 230, Ontario, CA 91761
Preparer
Daren Daiga
Phone
5055022746
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

“Change in value of split interest agreement -945,842.”

Form 990, Part XI, Line 8:

“Prior period adjustment - During the year ended June 30, 2022, management determined that art held for sale was recorded at an incorrect net carrying value and therefore made the decision to write down the remaining value of the art to zero. This resulted in a prior period adjustment of $8,000,818.”

Financial Statement Notes

Part V, Line 4:

“The earnings from the endowments will be utilized to fund scholarships for students attending Fresno Pacific University and to fund programs for Fresno Pacific University.”

Part XI, Line 2D - Other Adjustments:

“Change in value of split interest agreement -945,842. Rental Expenses 92,678.”

Part XII, Line 2D - Other Adjustments:

“Rental Expenses 92,678.”

Raw XML AppendixShowing 400 of 578 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt030881
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt030920
IRS990/AccountsReceivableGrp/BOYAmt083744
IRS990/AccountsReceivableGrp/EOYAmt082732
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0To support Fresno Pacific University in the fulfillment of its mission.
IRS990/AllOtherContributionsAmt0274989
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0675
IRS990/AllOtherExpensesGrp/TotalAmt0675
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Denise Hurst
IRS990/BooksInCareOfDetail/PhoneNum05594400700
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0325 E Sierra Ave
IRS990/BooksInCareOfDetail/USAddress/CityNm0Fresno
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd093710
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0172596
IRS990/CashNonInterestBearingGrp/EOYAmt0216972
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0274989
IRS990/CYGrantsAndSimilarPaidAmt0231638
IRS990/CYInvestmentIncomeAmt0602292
IRS990/CYOtherExpensesAmt074338
IRS990/CYOtherRevenueAmt073161
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0644466
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0305976
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0950442
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0The Foundation provided 99 scholarships to students meeting qualifications specified by donors. The scholarships are awarded by Fresno Pacific University.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt018106690
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt015714395
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0231638
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01303
IRS990/FeesForServicesLegalGrp/TotalAmt01303
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt068262
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt068262
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt820.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt838269
IRS990/Form990PartVIISectionAGrp/PersonNm0Robert Herrick
IRS990/Form990PartVIISectionAGrp/PersonNm1Bassim Michael
IRS990/Form990PartVIISectionAGrp/PersonNm2Tim Franz
IRS990/Form990PartVIISectionAGrp/PersonNm3Sonya Morgan
IRS990/Form990PartVIISectionAGrp/PersonNm4Luke DeGroot
IRS990/Form990PartVIISectionAGrp/PersonNm5Roger Nord
IRS990/Form990PartVIISectionAGrp/PersonNm6Karl Strube
IRS990/Form990PartVIISectionAGrp/PersonNm7Don Warkentine
IRS990/Form990PartVIISectionAGrp/PersonNm8Donald Griffith
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt8127854
IRS990/Form990PartVIISectionAGrp/TitleTxt0Board Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Executive Director
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01986
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0546
IRS990/GainOrLossGrp/SecuritiesAmt0435195
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantAmt0231638
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0231638
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0231638
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt023781
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt03449598
IRS990/GrossReceiptsAmt04080758
IRS990/GrossRentsGrp/RealAmt0147450
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0166551
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0166551
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt010011473
IRS990/InvestmentsPubTradedSecGrp/EOYAmt09010342
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt094753
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01103651
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01184677
IRS990/LandBldgEquipCostOrOtherBssAmt01279430
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt023235
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt03014403
IRS990/LessRentalExpensesGrp/RealAmt092678
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt030903
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt018389
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt018389
IRS990/MissionDesc0Fresno Pacific University Foundation exists for the purpose of the advancement and support of education through providing assistance to and benefits for Fresno Pacific University, its students, faculty, and programs.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01297963
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01282751
IRS990/NetAssetsOrFundBalancesBOYAmt026295125
IRS990/NetAssetsOrFundBalancesEOYAmt016270724
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0435741
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0435741
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt054772
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt054772
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-1722207
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt08188435
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0556329
IRS990/NoncashContributionsAmt0115000
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04098
IRS990/OfficeExpensesGrp/TotalAmt04098
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt020608161
IRS990/OtherAssetsTotalGrp/EOYAmt010154187
IRS990/OtherChangesInNetAssetsAmt0-945842
IRS990/OtherLiabilitiesGrp/BOYAmt05612396
IRS990/OtherLiabilitiesGrp/EOYAmt04329444
IRS990/OtherRevenueTotalAmt018389
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt023781
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Steven Redekop
IRS990/PriorPeriodAdjustmentsAmt0-8000818
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0120359
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0119177
IRS990/PYInvestmentIncomeAmt0312374
IRS990/PYOtherExpensesAmt090809
IRS990/PYOtherRevenueAmt081074
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0303821
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0209986
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0513807
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0644466
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RentalIncomeOrLossGrp/RealAmt054772
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01263862
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01264929
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0941021164
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Fresno Pacific University
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.00897
IRS990ScheduleD/BuildingsGrp/BookValueAmt0849614
IRS990ScheduleD/BuildingsGrp/DepreciationAmt094753
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0944367
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt011036255
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt079593
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt09711356
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0231639
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-1172853
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt07978
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt08856999
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0244258
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt011036255
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0119177
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02062153
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt08752169
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt033380
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt08856999
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0177098
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0278388
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt029840
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt07921178
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0520502
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt08752169
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0188627
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0499116
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt011682
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt07811939
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt047495
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt07921178
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt03500
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt076926
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0324313
IRS990ScheduleD/DonatedServicesUseFcltsAmt0324313
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt0416991
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt068262
IRS990ScheduleD/ExpensesSubtotalAmt0237714
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt068262
IRS990ScheduleD/InvestmentExpensesNotIncldAmt068262
IRS990ScheduleD/LandGrp/BookValueAmt0335063
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0335063
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-1722207
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt09544740
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1122631
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2483881
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt32935
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Assets Held in Trust
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Life insurance cash surrender value
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Real property held for sale
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Other assets
IRS990ScheduleD/OtherExpensesIncludedAmt092678
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0673378
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13606078
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt249988
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Unitrust liability - due to others
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Unitrust/Annuity trust liabilities
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Due to Fresno Pacific University
IRS990ScheduleD/OtherRevenueAmt0-853164
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.74339
IRS990ScheduleD/RevenueNotReportedAmt0-2251058
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt068262
IRS990ScheduleD/RevenueSubtotalAmt0882180
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The earnings from the endowments will be utilized to fund scholarships for students attending Fresno Pacific University and to fund programs for Fresno Pacific University.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Change in value of split interest agreement -945,842. Rental Expenses 92,678.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Rental Expenses 92,678.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.24764
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01184677
IRS990ScheduleD/TotalBookValueOtherAssetsAmt010154187
IRS990ScheduleD/TotalExpensesPerForm990Amt0305976
IRS990ScheduleD/TotalLiabilityAmt04329444
IRS990ScheduleD/TotalRevenuePerForm990Amt0950442
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0-1368878
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0654705
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0231638
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Scholarships to attend Fresno Pacific University
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt099
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Scholarships are awarded based strictly on the criteria for recipients established by the donor at the time the scholarship endowment or similarly restricted fund is provided to the Foundation. The Fresno Pacific University financial aid office determines recipients based on donor wishes and in accordance with the University's own evaluation of criteria. The financial aid office monitors compliance and manages all awards. The Foundation reimburses the University for scholarships awarded.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0127854
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt02585
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$21,913,839
Liabilities
$5,643,115
Net assets
$16,270,724
Revenue
$950,442
Expenses
$305,976
Net income
$644,466
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$22.8$4.97$17.8$1.61$0.45$1.16
2023Detailed filing. Detailed filing data is available for this year.$21.4$5.35$16.1$0.52$1.45$0.93
2022Detailed filing. Detailed filing data is available for this year.$21.9$5.64$16.3$0.95$0.31$0.64
2021Detailed filing. Detailed filing data is available for this year.$33.3$6.97$26.3$0.51$0.21$0.30
2020Detailed filing. Detailed filing data is available for this year.$29.6$6.47$23.1$0.31$0.31$0.00
2019Detailed filing. Detailed filing data is available for this year.$30.1$7.42$22.6$0.76$0.27$0.49
2018Summary only. Only limited summary data is available for this year.$28.4$7.00$21.4$0.45$0.23$0.22
2017Detailed filing. Detailed filing data is available for this year.$28.5$7.93$20.6$0.82$0.19$1.01
2016Detailed filing. Detailed filing data is available for this year.$27.5$7.21$20.3$1.82$0.35$1.47
2015Summary only. Only limited summary data is available for this year.$28.5$8.97$19.5$0.22$0.02$0.20
2014Summary only. Only limited summary data is available for this year.$28.6$9.56$19.1$1.07$0.16$0.91
2013Detailed filing. Detailed filing data is available for this year.$26.7$8.84$17.8$0.46$0.17$0.29
2012Summary only. Only limited summary data is available for this year.$25.2$9.15$16.1$0.07$0.30$0.22
2011Summary only. Only limited summary data is available for this year.$24.9$9.40$15.5$0.72$0.35$0.37
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.8$9.75$16.1$0.89