Civic Intelligence

Wave Enterprises Inc.

990 • Fiscal year 2020 • EIN 95-4274572

Aug 01, 2019 to Jul 31, 2020 • Filed on Jun 09, 2021

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.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

9th percentile

0.00x

Higher debt load relative to revenue than 9% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

28th percentile

-3.5%

Higher net margin than 28% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

99th percentile

$1,350,622

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 21.8% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

11th percentile

-6.1%

Faster asset growth than 11% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

100th percentile

13024%

Faster revenue growth than 100% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets10th percentile

Assets

Down

$9,587,325

Down $620,970 (-6.1%) from 2019

Net Assets

Down

$9,578,812

Down $587,676 (-5.8%) from 2019

Liabilities

Down

$8,513

Down $33,294 (-80%) from 2019

Revenue And Expenses
Liabilities / Revenue9th percentileNet Margin28th percentile

Revenue

Up

$6,203,057

Up $6,155,792 (+13024%) from 2019

Expenses

Up

$6,422,816

Up $4,677,509 (+268%) from 2019

Net Income

Up

-$219,759

Up $1,478,283 (+87%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth11th 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

2020

Assets$9,587,325
Liabilities$8,513
Net Assets$9,578,812
Open 2020 Filing

Operations Trend

Revenue Growth100th 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

2020

Revenue$6,203,057
Expenses$6,422,816
Net Income-$219,759
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2019 to Jul 31, 2020
Signed
Jun 9, 2021
Return Version
2019v5.2
Gross Receipts
$6,613,480
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$7,030,842$6,128,098▼ $902,744
Cash and Non-Interest-Bearing Accounts$1,890,654$2,202,819▲ $312,165
Other Notes and Loans Receivable, Net$1,221,780$1,198,105▼ $23,675
Investments Other Securities$50,345$54,876▲ $4,531
Investments in Publicly Traded Securities$14,674$3,427▼ $11,247
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$10,208,295$9,587,325▼ $620,970
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$10,000$0▼ $10,000
Deferred Revenue$31,807$8,513▼ $23,294
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$41,807$8,513▼ $33,294
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,404,972$8,728,269▼ $676,703
Net Assets With Donor Restrictions$761,516$850,543▲ $89,027
Total Net Assets Fund Balance$10,166,488$9,578,812▼ $587,676
Total Liabilities and Net Assets / Fund Balance$10,208,295$9,587,325▼ $620,970

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,128,098$492,047$763,144
Other Land Buildings$0-$0
Compensation and Service Providers
Top Officer Pay99th percentile

Board Members and Trustees

NameTitle
Charles PippinVice Chairman & President
Joanna ElliottVice President, Thru 12/19
Harold SmethillsDirector
Daniel DewaltDirector & VP, as of 12/19
James GashDirector, as of 12/19
James PorterDirector, Thru 06/20
Andrew BentonFormer Director
Faye HoltonSecretary, as of 12/19
Joan SingletonSecretary, VP, CFO, Thru 10/19

Highest Paid Contractors

ContractorServicesLocationCompensation
None---
Revenue and Support

Revenue Composition

Contributions and Grants
$6,457,000
Program Service Revenue
$7,068
Investment Income
$103,362
Other Revenue
$-364,373
All Other Contributions
$6,457,000
Change in Net Assets
$-219,759

Noncash Contribution Practices

Property subject to holding requirements
Yes
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Commercial2$6,457,000Appraisal
Total Noncash Contributions2$6,457,000-

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,203,057
Revenue Not Reported on Form 990
$42,506
Total Revenue per Audited Statements
$6,245,563
Total Revenue per Form 990
$6,203,057
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$6,168,365
Other Expenses$254,451
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$6,168,365--$6,168,365
Occupancy$48,580$59,963-$108,543
Fees for Services Other-$47,020-$47,020
Fees for Services Accounting-$12,240-$12,240
Other Expenses$8,381$2,995-$11,376
Depreciation Depletion$5,014--$5,014
Fees for Services Legal$2,066$480-$2,546
Office Expenses$496--$496
Total Functional Expenses$6,246,455$176,361$0$6,422,816

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,833,239
Expenses per Audited Statements$6,422,816
Total Expenses per Form 990$6,422,816
Expenses Not Reported on Form 990$410,423
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Pepperdine UniversityMalibu, CA501(c)(3)Institutional Support-
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 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
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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 a related organization, pepperdine university. Since the organization did not compensate the individuals described on lines 15a and 15b directly, the response to the noted lines is "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, as it follows pepperdine university's policies. The organization's financial statements were audited as part of the consolidated financial statements of pepperdine university. Pepperdine university's financial statements are available via the university's website. Pepperdine university does not make its conflict of interest policy and governing documents available to the public.”

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
3105064000
Signed
2021-06-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles Pippin
Formed
1989
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
1
Employees
0
Volunteers
1

Preparer

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

Additional Explanations

Form 990, Part I, Line 6 - the Number of Volunteers

“The number of volunteers represents the number of volunteer directors on the board of directors as of the end of the tax year. 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 chair 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 chair of the board of regents of pepperdine university at the time of designation, or until a successor has been designated and qualified. 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.”

Financial Statement Notes

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

“Rental expense reported as functional expense on fs $410,423 schedule d, part xii, line 2d - presentation differences on form 990 rental expenses reported net of revenue on form 990 $410,423”

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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/TitleTxt1VICE CHAIRMAN & PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR & VP, AS OF 12/19
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IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
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IRS990/GrossAmountSalesAssetsGrp/OtherAmt027398
IRS990/GrossReceiptsAmt06613480
IRS990/GrossRentsGrp/RealAmt046050
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt01
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt075964
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt075964
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt050345
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt054876
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt014674
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03427
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0492047
IRS990/LandBldgEquipBasisNetGrp/BOYAmt07030842
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06128098
IRS990/LandBldgEquipCostOrOtherBssAmt06620145
IRS990/LegalDomicileStateCd0CA
IRS990/LessRentalExpensesGrp/RealAmt0410423
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/NetAssetsOrFundBalancesBOYAmt010166488
IRS990/NetAssetsOrFundBalancesEOYAmt09578812
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt027398
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt027398
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0-364373
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-364373
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-367917
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt09404972
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt08728269
IRS990/NoncashContributionsAmt06457000
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt059963
IRS990/OccupancyGrp/ProgramServicesAmt048580
IRS990/OccupancyGrp/TotalAmt0108543
IRS990/OfficeExpensesGrp/ProgramServicesAmt0496
IRS990/OfficeExpensesGrp/TotalAmt0496
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0TAX, FEES, AND LICENSES
IRS990/OtherExpensesGrp/Desc1MISC EXPENSES
IRS990/OtherExpensesGrp/Desc2Maintenance
IRS990/OtherExpensesGrp/Desc3Finance and Escrow Expense
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt028536
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt119309
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt25818
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt32995
IRS990/OtherExpensesGrp/ProgramServicesAmt0742
IRS990/OtherExpensesGrp/ProgramServicesAmt112811
IRS990/OtherExpensesGrp/ProgramServicesAmt28381
IRS990/OtherExpensesGrp/TotalAmt029278
IRS990/OtherExpensesGrp/TotalAmt119309
IRS990/OtherExpensesGrp/TotalAmt218629
IRS990/OtherExpensesGrp/TotalAmt311376
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01221780
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01198105
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
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/RelatedOrExemptFuncIncomeAmt07068
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07068
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01537104
IRS990/PYInvestmentIncomeAmt0105412
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0208203
IRS990/PYOtherRevenueAmt0-79350
IRS990/PYProgramServiceRevenueAmt021203
IRS990/PYRevenuesLessExpensesAmt0-1698042
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01745307
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt047265
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-219759
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt0-364373
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt07068
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/SupportAmt06168365
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0PEPPERDINE UNIVERSITY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt06168365
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt06128098
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0492047
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt05857001
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0763144
IRS990ScheduleD/ExpensesNotReportedAmt0410423
IRS990ScheduleD/ExpensesSubtotalAmt06422816
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-367917
IRS990ScheduleD/OtherExpensesIncludedAmt0410423
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherRevenueAmt0410423
IRS990ScheduleD/RevenueNotReportedAmt042506
IRS990ScheduleD/RevenueSubtotalAmt06203057
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0RENTAL EXPENSE REPORTED AS FUNCTIONAL EXPENSE ON FS $410,423 SCHEDULE D, PART XII, LINE 2D - PRESENTATION DIFFERENCES ON FORM 990 RENTAL EXPENSES REPORTED NET OF REVENUE ON FORM 990 $410,423
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PART XI, LINE 2D - PRESENTATION DIFFERENCES ON FORM 990
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06128098
IRS990ScheduleD/TotalExpensesPerForm990Amt06422816
IRS990ScheduleD/TotalRevenuePerForm990Amt06203057
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06245563
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06833239
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt06168365

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,587,325
Liabilities
$8,513
Net assets
$9,578,812
Revenue
$6,203,057
Expenses
$6,422,816
Net income
-$219,759
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
2020Detailed filing. Detailed filing data is available for this year.$9.59$0.01$9.58$6.20$6.42$0.22
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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