| FORM 990, PART VI, SECTION B, LINE 11B |
DESCRIBE THE PROCESS USED BY THE ORGANZATION TO REVIEW THE FORM 990. THE INFORMATIONAL RETURN WAS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND REVIEWED AND APPROVED BY MANAGEMENT. ONCE APPROVED BY THE MANAGEMENT, THE RETURN WAS PROVIDED TO THE REST OF THE BOARD PRIOR TO BEING FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C |
DOES THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITOR AND ENFORCE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY? ALL BOARD OF TRUSTEE MEMBERS ARE REQUIRED TO SIGN A STATEMENT ACKNOWLEDGING THEY UNDERSTAND OUR CONFLICT OF INTEREST POLICY AND ARE REQUIRED TO DISCLOSE ANY SUCH CONFLICTS. VENDOR SELECTIONS MUST BE SUPPORTED BY 3 SEPARATE QUOTES, AND MULTIPLE APPROVAL SIGNATURES ARE REQUIRED ON CONTRACTS AND EXPENDITURES IN ORDER TO ENSURE OBJECTIVE DECISIONS ARE MADE WITH CHECKS AND BALANCES. |
| FORM 990, PART VI, SECTION B, LINE 15A |
DESCRIBE THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S CEO, EXECUTIVE DIRECTOR, OR TOP MANAGEMENT OFFICIAL. THE ORGANIZATION'S BOARD OF TRUSTEES PERIODICALLY REVIEWS THE PRESIDENT'S COMPENSATION PACKAGE IN ITS CONSIDERATION. THE BOARD REVIEWS DATA PROVIDED BY SUCH ORGANIZATION AS ASSOCIATION OF INDEPENDENT CALIFORNIA COLLEGES AND UNIVERSITIES AS WELL AS OTHER DATA SOURCE. |
| FORM 990, PART VI, SECTION C, LINE 18 |
DESCRIBE HOW THE ORGANIZATION MAKES THE ITS DOCUMENTS AVAILABLE FOR PUBLIC INSPECTION. THE UNIVERSITY'S FORM 990 IS AVAILABLE TO THE PUBLIC EITHER THROUGH WWW.GUIDESTAR.ORG OR UPON WRITTEN REQUEST. THE UNIVERSITY WAS FORMED IN 1968 AND, HENCE, IS NOT REQUIRED TO MAKE THE FORM 1023 AVAILABLE FOR PUBLIC INSPECTION. |
| FORM 990, PART VI, SECTION C, LINE 19 |
DESCRIBE HOW THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. THE UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON WRITTEN REQUEST. THE INFORMATIONAL RETURNS ARE ALSO MADE AVAILABLE TO THE PUBLIC THROUGH WWW.GUIDESTAR.ORG, A PUBLIC WEBSITE. |
| FORM 990, PART VIII, LINE 1E - PPP LOAN FORGIVENESS |
IN MARCH 2020, CONGRESS PASSED THE PAYCHECK PROTECTION PROGRAM (PPP) UNDER DIVISION A, TITLE I OF THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY ACT, AUTHORIZING LOANS TO SMALL ORGANIZATIONS FOR USE IN PAYING EMPLOYEES THAT THEY CONTINUE TO EMPLOY THROUGHOUT THE COVID-19 PANDEMIC AND FOR RENT, UTILITIES AND INTEREST ON MORTGAGES. LOANS OBTAINED THROUGH THE PROGRAM ARE ELIGIBLE TO BE FORGIVEN AS LONG AS THE PROCEEDS ARE USED FOR QUALIFYING PURPOSES AND CERTAIN OTHER CONDITIONS ARE MET. ON APRIL 22, 2020, THE UNIVERSITY RECEIVED A LOAN IN THE AMOUNT OF $1,974,470 THROUGH THE PPP. ON MARCH 4, 2021, THE UNIVERSITY RECEIVED NOTICE FROM THE SBA THAT THE FULL AMOUNT OF THE LOAN WAS FORGIVEN AND THIS FORGIVENESS IS PRESENTED SEPARATELY ON THE STATEMENT OF ACTIVITIES. |
Attach to Form 990 or 990-EZ.