| FORM 990, ITEM B AMENDED RETURN |
THE AUDITED FINANCIAL STATEMENTS FOR THE ORGANIZATION WERE NOT COMPLETED AT THE TIME THE FORM 990 WAS FILED. THIS AMENDED RETURN REFLECTS THE CHANGES FROM THE COMPLETED AUDITED FINANCIAL STATEMENTS. IMPACTED AREAS OF THE RETURN INCLUDE: PART III PROGRAM EXPENSES AND PROGRAM REVENUES PART VIII STATEMENT OF REVENUE PART IX FUNCTIONAL EXPENSES PART X BALANCE SHEET SCHEDULE D PARTS XI AND XII SCHEDULE I PART III |
| FORM 990, PART 3, LINE 1 |
NAROPA RECOGNIZES THE INHERENT GOODNESS AND WISDOM OF EACH HUMAN BEING. IT EDUCATES THE WHOLE PERSON, CULTIVATING ACADEMIC EXCELLENCE AND CONTEMPLATIVE INSIGHT IN ORDER TO INFUSE KNOWLEDGE WITH WISDOM. THE UNIVERSITY NURTURES IN ITS STUDENTS A LIFELONG JOY IN LEARNING, A CRITICAL INTELLECT, THE SENSE OF PURPOSE THAT ACCOMPANIES COMPASSIONATE SERVICE TO THE WORLD, AND THE OPENNESS AND EQUANIMITY THAT ARISE FROM AUTHENTIC INSIGHT AND SELF-UNDERSTANDING. ULTIMATELY, NAROPA STUDENTS EXPLORE THE INNER RESOURCES NEEDED TO ENGAGE COURAGEOUSLY WITH A COMPLEX AND CHALLENGING WORLD, TO HELP TRANSFORM THAT WORLD THROUGH SKILL AND COMPASSION, AND TO ATTAIN DEEPER LEVELS OF HAPPINESS AND MEANING IN THEIR LIVES. DRAWING ON THE VITAL INSIGHTS OF THE WORLD'S WISDOM TRADITIONS, THE UNIVERSITY IS SIMULTANEOUSLY BUDDHIST-INSPIRED, ECUMENICAL, AND NONSECTARIAN. NAROPA VALUES ETHNIC AND CULTURAL DIFFERENCES FOR THEIR ESSENTIAL ROLE IN EDUCATION. IT EMBRACES THE RICHNESS OF HUMAN DIVERSITY WITH THE AIM OF FOSTERING A MORE JUST AND EQUITABLE SOCIETY AND AN EXPANDED AWARENESS OF OUR COMMON HUMANITY. A NAROPA EDUCATION REFLECTING THE INTERPLAY OF DISCIPLINE AND DELIGHT PREPARES ITS GRADUATES BOTH TO MEET THE WORLD AS IT IS AND TO CHANGE IT FOR THE BETTER. |
| FORM 990, PART VI, SECTION B, LINE 11B |
FORM 990 WAS PREPARED BY AN INDEPENDENT CPA FIRM AND REVIEWED BY THE FINANCE TEAM AND PRESIDENT. THE REVIEWED FORM 990 IS THEN FORWARDED TO THE ORGANIZATION'S BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 12C |
BOARD MEMBERS ARE REQUIRED TO DISCLOSE CONFLICTS OF INTEREST ANNUALLY. |
| FORM 990, PART VI, SECTION B, LINE 15 |
THE SALARIES FOR THE PRESIDENT, VICE PRESIDENTS AND OTHER HIGH RANKING EMPLOYEES ARE SET BY THE BOARD IN CONJUNCTION WITH THE HR DEPARTMENT AND PRESIDENT. BOARD MEMBERS INVOLVED WILL USUALLY INCLUDE THE CHAIRMAN OF THE BOARD, THE CHAIR OF THE BUDGET AND FINANCE COMMITTEE, AND MEMBERS OF THE EXECUTIVE COMMITTEE OF THE BOARD. HR USES CUPA (COLLEGE AND UNIVERSITY PERSONNEL ASSOCIATION) TO GET COMPARABLE SALARY INFORMATION FOR SIMILAR POSITIONS AT SCHOOLS WITH SIMILAR SIZE AND REVENUE. THE DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN THE BOARD MINUTES. |
| FORM 990, PART VI, SECTION C, LINE 19 |
THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9: |
UBI FROM K-1S 1,926. |
Attach to Form 990 or 990-EZ.