California University Of Management& Sciences is located in Fairfax, VA. The organization was established in 2009. According to its NTEE Classification (B40) the organization is classified as: Higher Education, under the broad grouping of Education and related organizations. As of 06/2021, California University Of Management& Sciences employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. California University Of Management& Sciences is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2020, California University Of Management& Sciences generated $769.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (30.6%) each year. All expenses for the organization totaled $1.1m during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HIGH-END QUALITY AND AFFORDABLE EDUCATION TO THE PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE UNIVERSITY OFFERED HIGH-END QUALITY AND AFFORDABLE EDUCATION TO SERVE THE INTELLECTUAL AND PROFESSIONAL NEEDS OF INDIVIDUALS AND ORGANIZATIONS.
THE UNIVERSITY DONATED 2,600 TO FAIR LAKE COLLEGE FOR FUTURE EDUCATIONAL PROGRAM DEVELOPMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Och Khulan Campus Direc | Officer | 40 | $66,000 |
Anne Ahn Secretary&tr | Trustee | $0 | |
Jaung Julie Soon Park Member | Trustee | $0 | |
Alex Son Member | Trustee | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Investment income | $12,159 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $88,371 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $769,746 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $289,977 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $23,758 |
Fees for services: Management | $0 |
Fees for services: Legal | $5,254 |
Fees for services: Accounting | $21,558 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $49,014 |
Advertising and promotion | $2,090 |
Office expenses | $13,779 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $19,706 |
Travel | $1,227 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $90,018 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $171,761 |
Insurance | $22,339 |
All other expenses | $0 |
Total functional expenses | $1,060,541 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $112,778 |
Savings and temporary cash investments | $108,940 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $42,621 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $9,720 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $1,754 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $33,926 |
Total assets | $6,334,873 |
Accounts payable and accrued expenses | $39,231 |
Grants payable | $0 |
Deferred revenue | $25,659 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $2,178,965 |
Unsecured mortgages and notes payable | $62,382 |
Other liabilities | $24,150 |
Total liabilities | $2,330,387 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $4,004,486 |
Over the last fiscal year, we have identified 1 grants that California University Of Management& Sciences has recieved totaling $0.
Awarding Organization | Amount |
---|---|
California University Of Management & Sciences Anaheim, CA PURPOSE: 0 | $0 |
Organization Name | Assets | Revenue |
---|---|---|
Association Of Public And Land-Grant Universities Washington, DC | $44,260,531 | $22,104,494 |
Association Of Governing Boards Of Universities And Colleges Washington, DC | $19,633,060 | $15,066,269 |
Carolina University WinstonSalem, NC | $16,856,188 | $13,786,116 |
American Association Of State Colleges And Universities Washington, DC | $33,003,801 | $11,451,095 |
Institute For The Psychological Sciences Sterling, VA | $8,909,677 | $11,624,455 |
Accreditation Board For Engineering And Technology Inc Baltimore, MD | $25,462,231 | $12,376,690 |
Richmont Graduate University Chattanooga, TN | $8,373,056 | $7,234,181 |
Consortium Of Universities Of The Washington Metropolitan Area Washington, DC | $2,518,599 | $5,635,186 |
Memphis College Of Art Memphis, TN | $723,329 | $5,588,063 |
Credential Engine Inc Washington, DC | $2,829,451 | $3,267,999 |
Kentucky Mountain Bible College Incorporated Jackson, KY | $9,330,725 | $2,960,534 |
Project Discovery Inc Roanoke, VA | $402,058 | $1,230,095 |