Civic Intelligence

Wave Enterprises Inc.

990 • Fiscal year 2019 • EIN 95-4274572

Aug 01, 2018 to Jul 31, 2019 • Filed on Jun 17, 2020

Organization ProfileWWW.PEPPERDINE.EDU
24255 Pacific Coast HighwayMalibu, CA 90263-4497

(310) 506-4000

Siviq Scores

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

Liabilities / Assets

10th percentile

0.00x

Higher debt load relative to assets than 10% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

78th percentile

0.88x

Higher debt load relative to revenue than 78% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

1st percentile

-3593%

Higher net margin than 1% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

9th percentile

-8.1%

Faster asset growth than 9% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

1st percentile

-95%

Faster revenue growth than 1% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets10th percentile

Assets

Down

$10,208,295

Down $904,275 (-8.1%) from 2018

Net Assets

Down

$10,166,488

Down $925,188 (-8.3%) from 2018

Liabilities

Up

$41,807

Up $20,913 (+100%) from 2018

Revenue And Expenses
Liabilities / Revenue78th percentileNet Margin1st percentile

Revenue

Down

$47,265

Down $889,547 (-95%) from 2018

Expenses

Up

$1,745,307

Up $1,692,018 (+3175%) from 2018

Net Income

Down

-$1,698,042

Down $2,581,565 (-292%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth9th percentile

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

$60M$40M$20M$0Assets 2011: $9,025,175Liabilities 2011: $38,736Net Assets 2011: $8,986,4392011Assets 2012: $9,087,875Liabilities 2012: $297,425Net Assets 2012: $8,790,4502012Assets 2013: $7,380,629Liabilities 2013: $251,744Net Assets 2013: $7,128,8852013Assets 2014: $8,156,509Liabilities 2014: $38,374Net Assets 2014: $8,118,1352014Assets 2015: $10,141,511Liabilities 2015: $20,291Net Assets 2015: $10,121,2202015Assets 2016: $10,876,097Liabilities 2016: $20,291Net Assets 2016: $10,855,8062016Assets 2017: $10,128,733Liabilities 2017: $21,044Net Assets 2017: $10,107,6892017Assets 2018: $11,112,570Liabilities 2018: $20,894Net Assets 2018: $11,091,6762018Assets 2019: $10,208,295Liabilities 2019: $41,807Net Assets 2019: $10,166,4882019Assets 2020: $9,587,325Liabilities 2020: $8,513Net Assets 2020: $9,578,8122020Assets 2021: $44,595,796Liabilities 2021: $11,152,752Net Assets 2021: $33,443,0442021Assets 2022: $21,848,618Liabilities 2022: $10,436,948Net Assets 2022: $11,411,6702022Assets 2023: $22,362,756Liabilities 2023: $11,089,681Net Assets 2023: $11,273,0752023Assets 2024: $22,459,235Liabilities 2024: $10,883,043Net Assets 2024: $11,576,1922024

Highlighted filing

2019

Assets$10,208,295
Liabilities$41,807
Net Assets$10,166,488
Open 2019 Filing

Operations Trend

Revenue Growth1st percentile

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2011: $355,7912011Expenses 2012: $193,6502012Expenses 2013: $627,8632013Revenue 2014: $196,557Expenses 2014: $1,106,484Net Income 2014: -$909,9272014Revenue 2015: -$252,439Expenses 2015: $97,324Net Income 2015: -$349,7632015Revenue 2016: $321,671Expenses 2016: $1,307,006Net Income 2016: -$985,3352016Revenue 2017: $323,888Expenses 2017: $261,086Net Income 2017: $62,8022017Revenue 2018: $936,812Expenses 2018: $53,289Net Income 2018: $883,5232018Revenue 2019: $47,265Expenses 2019: $1,745,307Net Income 2019: -$1,698,0422019Revenue 2020: $6,203,057Expenses 2020: $6,422,816Net Income 2020: -$219,7592020Revenue 2021: $15,038,830Expenses 2021: $6,182,117Net Income 2021: $8,856,7132021Revenue 2022: -$459,422Expenses 2022: $259,218Net Income 2022: -$718,6402022Revenue 2023: -$109,014Expenses 2023: $960,360Net Income 2023: -$1,069,3742023Revenue 2024: $30,717Expenses 2024: $410,736Net Income 2024: -$380,0192024

Highlighted filing

2019

Revenue$47,265
Expenses$1,745,307
Net Income-$1,698,042
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2018 to Jul 31, 2019
Signed
Jun 17, 2020
Return Version
2018v3.3
Gross Receipts
$1,301,300
Mission and Program Overview

Mission

Wave enterprises, inc. Is a supporting organization of pepperdine university.

Wave enterprises inc. Is a supporting organization of pepperdine university.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,020,210$7,030,842▼ $989,368
Cash and Non-Interest-Bearing Accounts$1,781,301$1,890,654▲ $109,353
Other Notes and Loans Receivable, Net$1,244,194$1,221,780▼ $22,414
Investments Other Securities$52,091$50,345▼ $1,746
Investments in Publicly Traded Securities$14,774$14,674▼ $100
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$11,112,570$10,208,295▼ $904,275
Other Assets Total$0$0→ $0
Liabilities
Deferred Revenue$20,894$31,807▲ $10,913
Accounts Payable and Accrued Expenses$0$10,000▲ $10,000
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$20,894$41,807▲ $20,913
Net Assets / Fund Balance
Unrestricted Net Assets$8,287,000$9,404,972▲ $1,117,972
Permanently Rstr Net Assets$2,330,218$799,401▼ $1,530,817
Temporarily Rstr Net Assets$474,458$-37,885▼ $512,343
Total Net Assets Fund Balance$11,091,676$10,166,488▼ $925,188
Total Liabilities and Net Assets / Fund Balance$11,112,570$10,208,295▼ $904,275

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$288,041$475,103$763,144
Other Land Buildings$6,742,801--
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Charles J PippinVice Chairman and President
Joanna ElliottVice President
Andrew K BentonDirector
Harold R SmethillsDirector
James R PorterDirector
Michael AdamsFormer Director (thru 07/2018)
Paul B LasiterFormer Dir/CFO (thru 07/2018)
Dennis TorresFormer VP (thru 06/2017)
Joan SingletonSec/VP/CFO
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$21,203
Investment Income
$105,412
Other Revenue
$-79,350
Change in Net Assets
$-1,698,042

Audited Revenue Reconciliation

Revenue per Audited Statements
$47,265
Revenue Not Reported on Form 990
$1,054,690
Total Revenue per Audited Statements
$1,101,955
Total Revenue per Form 990
$47,265
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,537,104
Other Expenses$208,203
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,537,104--$1,537,104
Fees for Services Other$1,752$111,100-$112,852
Occupancy$1,288$23,426-$24,714
Fees for Services Legal$4,221$9,325-$13,546
All Other Expenses$241$6,900-$7,141
Depreciation Depletion$3,373--$3,373
Fees for Services Accounting-$3,000-$3,000
Insurance$671$1,356-$2,027
Office Expenses$349--$349
Other Expenses$2,281$116-$116
Travel-$88-$88
Total Functional Expenses$1,570,224$175,083$0$1,745,307

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,027,143
Expenses per Audited Statements$1,745,307
Total Expenses per Form 990$1,745,307
Expenses Not Reported on Form 990$281,836
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Pepperdine UniversityMalibu, CA501(c)(3)Institutional Support$1,537,104
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
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
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 7A - Power to Appoint Board Directors

“Directors shall be nominated by the president of pepperdine university and designated by the chairman of the board of regents of pepperdine university. Changes in the directors shall be reported to the executive committee of the board of regents of pepperdine university. Each director shall hold office for a term of three years or such shorter term as may be specified by the chairman of the board of regents of pepperdine university at the time of designation. Form 990, part vi, line 8b - committee with authority to act the organization had no committees with authority to act on behalf of the governing body.”

Form 990, Part VI, Line 11B - Process to Review Form 990

“Wave enterprises, inc's form 990 is prepared by a paid preparer. Once completed, it is reviewed by an officer of the organization. A full copy of form 990 is then electronically distributed to the entire board prior to filing with the internal revenue service.”

Form 990, Part VI, Lines 12, 13 & 14 - Organization Policies

“WAVE ENTERPRISES, INC. IS A SUBSIDIARY OF PEPPERDINE UNIVERSITY. all OFFICERS AND DIRECTORS ARE EITHER EMPLOYED BY OR ARE REGENTS OF PEPPERDINE UNIVERSITY. PEPPERDINE UNIVERSITY HAS A WRITTEN CONFLICT OF INTEREST POLICY, WHISTLEBLOWER POLICY AND DOCUMENT RETENTION AND DESTRUCTION POLICY IN PLACE WHICH APPLIES TO THESE INDIVIDUALS.”

Form 990, Part VI, Lines 15A & 15B - Process for Executive

“Compensation all officers and compensated directors are compensated by pepperdine university. Since the organization did not compensate the individuals directly, the responses for lines 15a and 15b have been answered no.”

Form 990, Part VI, Line 19 - Docs Available for Public Inspection

“Wave enterprises, inc. Is a subsidiary of pepperdine university. The organization does not have separate policies, and it follows pepperdine university's policies. The organization's financial statements were audited as part of the consolidated financial statements of pepperdine university. The university's financial statements are available via the university's website. The university does not make its conflict of interest policy and governing documents available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Wave Enterprises Inc
EIN
95-4274572
In Care Of
% LAURA PONDER
Phone
3105064000
Address
24255 PACIFIC COAST HIGHWAY, MALIBU, CA 90263-4497

Signing Officer

Name
Charles J Pippin
Title
Vice Chair/President
Phone
8187021350
Signed
2020-06-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles Pippin
Formed
1989
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
2
Employees
0
Volunteers
2

Preparer

Firm
Kpmg Llp
Address
550 S Hope St Suite 1500, Los Angeles, CA 90071
Preparer
Carey Mckee
Phone
2139724000
Supplemental Narrative

Financial Statement Notes

Schedule D, Part XI, Line 2D - Presentation Differences on Form 990

“Rental expense reported as functional expense on fs $281,836 schedule d, part xii, line 2d - presentation differences on form 990 rental expenses reported net of revenue on form 990 $281,836”

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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
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IRS990/InsuranceGrp/ManagementAndGeneralAmt01356
IRS990/InsuranceGrp/ProgramServicesAmt0671
IRS990/InsuranceGrp/TotalAmt02027
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt077069
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt077069
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt052091
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt050345
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt014774
IRS990/InvestmentsPubTradedSecGrp/EOYAmt014674
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0475103
IRS990/LandBldgEquipBasisNetGrp/BOYAmt08020210
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07030842
IRS990/LandBldgEquipCostOrOtherBssAmt07505945
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0972200
IRS990/LessRentalExpensesGrp/RealAmt0281835
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0WAVE ENTERPRISES INC. IS A SUPPORTING ORGANIZATION OF PEPPERDINE UNIVERSITY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt011091676
IRS990/NetAssetsOrFundBalancesEOYAmt010166488
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt028343
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt028343
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0-79350
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-79350
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0772854
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt023426
IRS990/OccupancyGrp/ProgramServicesAmt01288
IRS990/OccupancyGrp/TotalAmt024714
IRS990/OfficeExpensesGrp/ProgramServicesAmt0349
IRS990/OfficeExpensesGrp/TotalAmt0349
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0ESCROW EXPENSE
IRS990/OtherExpensesGrp/Desc1Maintenance
IRS990/OtherExpensesGrp/Desc2Loss on Abandoned Equipment
IRS990/OtherExpensesGrp/Desc3TAX, FEES, AND LICENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt08693
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt110854
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2225
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3116
IRS990/OtherExpensesGrp/ProgramServicesAmt018944
IRS990/OtherExpensesGrp/ProgramServicesAmt12281
IRS990/OtherExpensesGrp/TotalAmt027637
IRS990/OtherExpensesGrp/TotalAmt113135
IRS990/OtherExpensesGrp/TotalAmt2225
IRS990/OtherExpensesGrp/TotalAmt3116
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01244194
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01221780
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt02330218
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0799401
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0CHARLES PIPPIN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Rental Income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt021203
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt021203
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01000000
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0105012
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt053289
IRS990/PYOtherRevenueAmt0-188585
IRS990/PYProgramServiceRevenueAmt020385
IRS990/PYRevenuesLessExpensesAmt0883523
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt053289
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0936812
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-1698042
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt0-79350
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt021203
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0951644037
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt01537104
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0PEPPERDINE UNIVERSITY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt01537104
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0288041
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0475103
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0763144
IRS990ScheduleD/ExpensesNotReportedAmt0281836
IRS990ScheduleD/ExpensesSubtotalAmt01745307
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0772854
IRS990ScheduleD/OtherExpensesIncludedAmt0281836
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06742801
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt06742801
IRS990ScheduleD/OtherRevenueAmt0281836
IRS990ScheduleD/RevenueNotReportedAmt01054690
IRS990ScheduleD/RevenueSubtotalAmt047265
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0RENTAL EXPENSE REPORTED AS FUNCTIONAL EXPENSE ON FS $281,836 SCHEDULE D, PART XII, LINE 2D - PRESENTATION DIFFERENCES ON FORM 990 RENTAL EXPENSES REPORTED NET OF REVENUE ON FORM 990 $281,836
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PART XI, LINE 2D - PRESENTATION DIFFERENCES ON FORM 990
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07030842
IRS990ScheduleD/TotalExpensesPerForm990Amt01745307
IRS990ScheduleD/TotalRevenuePerForm990Amt047265
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01101955
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02027143
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt01537104
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0N/A
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0INSTITUTIONAL SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0PEPPERDINE UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientEIN0951644037
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt024255 PACIFIC COAST HIGHWAY
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MALIBU
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd090263
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0N/A
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANTS ARE MADE EXCLUSIVELY TO ITS SUPPORTED ORGANIZATION, PEPPERDINE UNIVERSITY, AND THEREFORE NO ADDITIONAL PROCESS IS REQUIRED TO DETERIMINE SELECTION OF AWARDING GRANTS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PART I, LINE 2 - MONITORING USE OF FUNDS
IRS990ScheduleI/Total501c3OrgCnt01

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,208,295
Liabilities
$41,807
Net assets
$10,166,488
Revenue
$47,265
Expenses
$1,745,307
Net income
-$1,698,042
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.5$10.9$11.6$0.03$0.41$0.38
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.4$11.1$11.3$0.11$0.96$1.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.8$10.4$11.4$0.46$0.26$0.72
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$44.6$11.2$33.4$15.0$6.18$8.86
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.59$0.01$9.58$6.20$6.42$0.22
2019Detailed filing. Detailed filing data is available for this year.$10.2$0.04$10.2$0.05$1.75$1.70
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.1$0.02$11.1$0.94$0.05$0.88
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.1$0.02$10.1$0.32$0.26$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.9$0.02$10.9$0.32$1.31$0.99
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.1$0.02$10.1$0.25$0.10$0.35
2014Detailed filing. Detailed filing data is available for this year.$8.16$0.04$8.12$0.20$1.11$0.91
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.38$0.25$7.13$0.63
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.09$0.30$8.79$0.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.03$0.04$8.99$0.36