Fresno Pacific University
- Assets
- $60.4m
- Revenue
- $83.8m
- Investments
- $0.0
- Employees
- 1,647
- Location
- Fresno, CA
- Founding
- 09/1948
- Data as of
- 06/2021
- EIN
- 94-1021164
Organization Overview
Fresno Pacific University is located in Fresno, CA. The organization was established in 1948. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2021, Fresno Pacific University employed 1,647 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fresno Pacific University 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 06/2021, Fresno Pacific University generated $83.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $76.4m during the year ending 06/2021. While expenses have increased by 1.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
TO DEVELOP STUDENTS FOR SERVICE & LEADERSHIP THROUGH EXCELLENCE IN CHRISTIAN HIGHER EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FRESNO PACIFIC UNIVERSITY OFFERS 90 AREAS OF STUDY THROUGH DEGREES, CREDENTIALS, AND CERTIFICATES. INCLUDING TRADITIONAL AND ADULT PROGRAMS, THIS TRANSLATES TO 38 FOR UNDERGRADUATES AND 52 FOR GRADUATE STUDENTS IN FOUR SCHOOLS - THE SCHOOL OF BUSINESS, THE SCHOOL OF EDUCATION, THE SCHOOL OF NATURAL SCIENCES, AND THE SCHOOL OF HUMANITIES, RELIGION AND SOCIAL SCIENCES - AND FRESNO PACIFIC BIBLICAL SEMINARY. THE UNIVERSITY SERVES NEARLY 3,500 STUDENTS ON CAMPUSES IN SOUTHEAST FRESNO, MERCED, NORTH FRESNO, VISALIA, AND BAKERSFIELD. AMONG THE MOST POPULAR AND RESPECTED PROGRAMS ARE BUSINESS/ORGANIZATIONAL STUDIES/LEADERSHIP, VARIOUS FIELDS OF EDUCATION, PSYCHOLOGY, AND ART. MOST STUDENTS ARE FROM CENTRAL CALIFORNIA AND REPRESENT ITS RICH DIVERSITY OF CULTURE, ETHNICITY, AND RELIGIOUS AFFILIATION. MANY ARE THE FIRST IN THEIR FAMILIES TO ATTEND A UNIVERSITY, AND 98 PERCENT RECEIVE FINANCIAL AID. ALL RECEIVE AN EDUCATION THAT STRESSES SOLID ACADEMICS AND STRONG ETHICS. FPU HAS THE REGION'S HIGHEST FOUR-YEAR GRADUATION RATE AND IS ONE OF THE TOP 10 HISPANIC SERVING INSTITUTIONS NATIONALLY IN GRADUATING HISPANIC STUDENTS. THE VALLEY'S ONLY COMPREHENSIVE CHRISTIAN UNIVERSITY GRANTING MASTER'S DEGREES, FPU IS AFFILIATED WITH THE MENNONITE BRETHREN CHURCH, ACCREDITED BY THE WESTERN ASSOCIATION OF SCHOOLS AND COLLEGES AND RANKED IN THE TOP TIER OF ITS CATEGORY BY U.S. NEWS & WORLD REPORT.
IN ADDITION TO QUALITY ACADEMICS, FRESNO PACIFIC UNIVERSITY IS COMMITTED TO PROVIDING ITS STUDENTS WITH VALUABLE SERVICES AND FORMATIVE EXPERIENCES. THE STUDENT LIFE DIVISION PROVIDES INFORMATION, OPPORTUNITIES, AND SERVICES THAT AID THE HOLISTIC DEVELOPMENT OF STUDENTS AND THEIR ABILITY TO SUCCEED IN CAREERS AND GRADUATE PROGRAMS. SERVICES INCLUDE COUNSELING, CAREER DEVELOPMENT, DISABILITY SERVICES, HEALTH SERVICES, ACADEMIC SERVICES, RESIDENCE LIFE, COMMUTER LIFE, HOUSING, LEADERSHIP, AND SPIRITUAL DEVELOPMENT. THE COLLEGE HOUR CHAPEL PROGRAM AND OUTREACH MINISTRIES, OPERATED BY THE OFFICE OF SPIRITUAL FORMATION, ALSO ENHANCE STUDENTS' POTENTIAL AS VITAL MEMBERS OF SOCIETY AND THE KINGDOM OF GOD.
FRESNO PACIFIC UNIVERSITY SERVES APPROXIMATELY 5,500 STUDENTS ANNUALLY THROUGH THE OFFICE OF CONTINUING EDUCATION. PROGRAMS ARE AVAILABLE ONLINE, THROUGH CUSTOMIZED CORPORATE TRAINING, CORRESPONDENCE AND WORKSHOPS/SEMINARS. COURSES AND CERTIFICATES ARE GRADUATE-LEVEL, PROFESSIONAL DEVELOPMENT UNITS PRIMARILY USED FOR PROFESSIONAL ADVANCEMENT, RATHER THAN TOWARD ACADEMIC CREDIT OR A DEGREE. EDUCATORS, NURSES, GRANT WRITERS, COUNSELOR AND PROFESSIONALS IN HUMAN RESOURCES, MARKETING AND BUSINESS MANAGEMENT ARE AMONG THOSE WHO HAVE BENEFITED FROM CONTINUING EDUCATION THROUGH FPU.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Jones University President | Officer | 40 | $231,448 |
Stephen Varvis Faculty | 40 | $172,315 | |
Deborah Copeland Provost | 40 | $165,465 | |
Robert Lippert Vp- Finance & Bus. Affairs | Officer | 40 | $149,403 |
Ray Nickson Faculty | 40 | $135,369 | |
Jonathan Endicott VP Enrollment | 40 | $134,338 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Quiring General Construction | 6/29/21 | $452,661 |
Paul Halajian Architects Architecture | 6/29/21 | $378,488 |
Richard Bubenik Advertising And Marketing | 6/29/21 | $451,224 |
Ellucian Company Lp Software Maintenance | 6/29/21 | $503,935 |
Campusworks It Services | 6/29/21 | $544,652 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,131,165 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,639,485 |
| Noncash contributions included in lines 1a–1f | $2,846 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,770,650 |
| Total Program Service Revenue | $73,488,293 |
| Investment income | $518,268 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$55,544 |
| Net Gain/Loss on Asset Sales | $1,031,660 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $83,753,327 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $17,636,902 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $463,659 |
| Compensation of current officers, directors, key employees. | $463,659 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $31,605,107 |
| Pension plan accruals and contributions | $305,729 |
| Other employee benefits | $3,358,164 |
| Payroll taxes | $2,267,149 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $193,718 |
| Fees for services: Accounting | $133,715 |
| Fees for services: Lobbying | $6,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $154,654 |
| Fees for services: Other | $4,893,778 |
| Advertising and promotion | $2,509,396 |
| Office expenses | $2,589,549 |
| Information technology | $779,253 |
| Royalties | $0 |
| Occupancy | $5,837,086 |
| Travel | $744,334 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $84,820 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,066,374 |
| Insurance | $342,394 |
| All other expenses | $0 |
| Total functional expenses | $76,416,072 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,823,398 |
| Savings and temporary cash investments | $2,715,425 |
| Pledges and grants receivable | $282,722 |
| Accounts receivable, net | $2,776,116 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $283,338 |
| Inventories for sale or use | $52,598 |
| Prepaid expenses and deferred charges | $929,638 |
| Net Land, buildings, and equipment | $30,308,016 |
| Investments—publicly traded securities | $19,221,826 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $60,393,077 |
| Accounts payable and accrued expenses | $4,306,183 |
| Grants payable | $35,122 |
| Deferred revenue | $5,251,857 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $231,880 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $3,401,494 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,897 |
| Total liabilities | $13,233,433 |
| Net assets without donor restrictions | $22,476,084 |
| Net assets with donor restrictions | $24,683,560 |
| 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 | $60,393,077 |
Grants Recieved
Over the last fiscal year, we have identified 18 grants that Fresno Pacific University has recieved totaling $2,274,875.
| Awarding Organization | Amount |
|---|---|
Lilly Endowment Inc Indianapolis, IN PURPOSE: PATHWAYS FOR TOMORROW INITIATIVE | $999,824 |
Lilly Endowment Inc Indianapolis, IN PURPOSE: THRIVING CONGREGATIONS INITIATIVE | $450,280 |
The Robert D And Patricia E Kern Family Foundation Inc Waukesha, WI PURPOSE: IMPLEMENT APDP | $413,250 |
The Robert D And Patricia E Kern Family Foundation Inc Waukesha, WI PURPOSE: IMPLEMENT APDP | $137,750 |
Leadership Foundations Tacoma, WA PURPOSE: MENTORING AND TRAINING | $73,011 |
Daniel R Martin Family Foundation Inc Fresno, CA PURPOSE: GENERAL | $50,000 |
Endowment Analysis
| Beg. Balance | $17,569,795 |
| Earnings | $4,424,669 |
| Net Contributions | $282,435 |
| Grants | $543,114 |
| Ending Balance | $21,733,785 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chapman University Orange, CA | $2,132,825,456 | $697,718,019 |
Loyola Marymount University Los Angeles, CA | $1,676,232,440 | $723,872,616 |
Pepperdine University Malibu, CA | $2,047,744,709 | $580,174,202 |
University Of San Francisco San Francisco, CA | $1,277,161,356 | $554,812,646 |
University Of San Diego San Diego, CA | $1,513,056,957 | $520,612,377 |
President-Board Of Trustees Santa Clara College Santa Clara, CA | $2,958,910,318 | $543,668,030 |
National University San Diego, CA | $1,578,654,080 | $391,699,793 |
University Of The Pacific Stockton, CA | $1,331,534,766 | $478,311,062 |
Loma Linda University Loma Linda, CA | $1,843,254,584 | $350,502,232 |
Loma Linda University Shared Services Loma Linda, CA | $270,756,141 | $292,339,481 |
Azusa Pacific University Azusa, CA | $364,665,569 | $273,144,020 |
Biola University Inc La Mirada, CA | $495,437,445 | $217,190,577 |