University Of Santa Monica
- Assets
- $8.9m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 20
- Location
- Santa Monica, CA
- Founding
- 02/1977
- Data as of
- 08/2021
- EIN
- 51-0207234
Organization Overview
University Of Santa Monica is located in Santa Monica, CA. The organization was established in 1977. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 08/2021, University Of Santa Monica employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of Santa Monica 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 08/2021, University Of Santa Monica generated $2.9m 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 (12.5%) each year. All expenses for the organization totaled $2.4m during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (13.8%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE UNIVERSITY OF SANTA MONICA IS DEDICATED TO COMMUNICATING THE PRINCIPLES AND PRACTICES OF SPIRITUAL PSYCHOLOGY WORLDWIDE THROUGH THE PROCESS OF SOUL-CENTERED EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OFFERING AND CONDUCTING COLLEGE COURSES, EDUCATIONAL SEMINARS, TRAINING AND WORKSHOPS. A TOTAL OF 629 STUDENTS WERE SERVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
H Ronald Hulnick President | Officer | 70 | $267,420 |
Mary R Hulnick Vice President | Officer | 70 | $267,420 |
Elisa Perry Director Of Hr & Operations | 40 | $117,210 | |
Michael C Polek Diector Of It Services | 40 | $115,846 | |
Lenore Perry Director Of Marketing | 40 | $105,769 | |
Bonne Chance Executive Administrator | 40 | $104,609 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $783,444 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $783,444 |
| Total Program Service Revenue | $2,132,225 |
| Investment income | $125 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $2,432 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,918,226 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $978,274 |
| Compensation of current officers, directors, key employees. | $218,340 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $734,493 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $149,762 |
| Payroll taxes | $124,322 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,765 |
| Fees for services: Accounting | $13,202 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,054 |
| Advertising and promotion | $0 |
| Office expenses | $17,736 |
| Information technology | $22,745 |
| Royalties | $0 |
| Occupancy | $25,078 |
| Travel | $640 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | -$7,437 |
| Insurance | $27,247 |
| All other expenses | $46,365 |
| Total functional expenses | $2,423,673 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $247,632 |
| Savings and temporary cash investments | $1,000,914 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $124,910 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $9,771 |
| Investments—publicly traded securities | $1,046,087 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $6,476,182 |
| Other assets | $32,981 |
| Total assets | $8,938,477 |
| Accounts payable and accrued expenses | $263,005 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $314,134 |
| Total liabilities | $577,139 |
| Net assets without donor restrictions | $8,361,338 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,938,477 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that University Of Santa Monica has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Russell Colgate Fund Inc Wilmington, DE PURPOSE: GENERAL PURPOSES | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Oregon Bookstore Inc Eugene, OR | $12,427,548 | $16,725,239 |
Warner Pacific University Portland, OR | $31,322,080 | $17,832,195 |
National University Of Natural Medicine Portland, OR | $24,174,669 | $16,800,960 |
California State University East Bay Foundation Inc Hayward, CA | $25,796,155 | $16,250,485 |
Campus Research Corporation Tucson, AZ | $42,821,356 | $14,706,755 |
Frank Lloyd Wright Foundation Scottsdale, AZ | $22,427,881 | $12,357,928 |
University Union Operation Of Ca State Univ Sacramento Sacramento, CA | $25,245,130 | $13,834,103 |
John Paul The Great Catholic University Escondido, CA | $9,814,132 | $8,425,507 |
San Francisco Bay University Fremont, CA | $295,269,122 | $7,298,553 |
Arizona State University Research Park Inc Scottsdale, AZ | $67,696,624 | $12,610,493 |
University Of The West Rosemead, CA | $35,930,246 | $8,666,423 |
Wave Enterprises Inc Malibu, CA | $44,595,796 | $15,038,830 |