University Of The West is located in Rosemead, CA. The organization was established in 1990. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2023, University Of The West employed 114 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of The West 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 06/2023, University Of The West generated $7.5m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $6.6m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A "WHOLE PERSON" EDUCATION IN A CONTEXT INFORMED BY BUDDHIST WISDOM AND VALUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
UNIVERSITY OF THE WEST IS A PRIVATE, NONPROFIT, NON-SECTARIAN, CO-EDUCATIONAL UNIVERSITY OFFERING UNDERGRADUATE, GRADUATE, CERTIFICATE AND CONTINUING EDUCATION PROGRAMS CONSISTENT WITH THE EDUCATIONAL MISSION OF CALIFORNIA HIGHER EDUCATION DEGREE-GRANTING INSTITUTIONS WITH A CURRENT ENROLLMENT OF APPROXIMATELY 220 STUDENTS. THE UNIVERSITY OFFERS PROGRAM OF STUDY IN COMPARATIVE RELIGIONS AND BUDDHIST STUDIES, BUSINESS ADMINISTRATION, AND HUMANITIES AND SOCIAL SCIENCES.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Ven Hsin Bau Chair | OfficerTrustee | 1 | $0 | 
| Ven Miaohsi Secretary | OfficerTrustee | 1 | $0 | 
| Fang Qian Ven Hui Dong Executive Trustee | Trustee | 1 | $0 | 
| Roger Frank Trustee | Trustee | 1 | $0 | 
| His-Shen Fang Ven Hui Chuan Trustee | Trustee | 1 | $0 | 
| Ven Zhihsi Trustee | Trustee | 1 | $0 | 
| Vendor Name (Service) | Service Year | Compensation | 
|---|---|---|
| Jocelyn Hanson Buttermilk House Caterin Cafeteria Vendor To Provide Meals For St | 6/29/19 | $219,643 | 
| Gang Xu Argos Construction Building/ Upgrade/ Renovation/ Maintenan | 6/29/19 | $114,214 | 
| 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 | $4,394,903 | 
| Noncash contributions included in lines 1a–1f | $0 | 
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,394,903 | 
| Total Program Service Revenue | $2,554,779 | 
| Investment income | $670,528 | 
| Tax Exempt Bond Proceeds | $0 | 
| Royalties | $0 | 
| Net Rental Income | -$170,156 | 
| Net Gain/Loss on Asset Sales | -$41,676 | 
| Net Income from Fundraising Events | $0 | 
| Net Income from Gaming Activities | $0 | 
| Net Income from Sales of Inventory | $0 | 
| Miscellaneous Revenue | $0 | 
| Total Revenue | $7,474,165 | 
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 | 
| Grants and other assistance to domestic individuals. | $521,917 | 
| Grants and other assistance to Foreign Orgs/Individuals | $0 | 
| Benefits paid to or for members | $0 | 
| Compensation of current officers, directors, key employees. | $294,853 | 
| Compensation of current officers, directors, key employees. | $188,247 | 
| Compensation to disqualified persons | $0 | 
| Other salaries and wages | $3,245,910 | 
| Pension plan accruals and contributions | $42,208 | 
| Other employee benefits | $163,937 | 
| Payroll taxes | $281,728 | 
| Fees for services: Management | $0 | 
| Fees for services: Legal | $31,072 | 
| Fees for services: Accounting | $45,964 | 
| Fees for services: Lobbying | $0 | 
| Fees for services: Fundraising | $0 | 
| Fees for services: Investment Management | $0 | 
| Fees for services: Other | $58,423 | 
| Advertising and promotion | $100,803 | 
| Office expenses | $181,215 | 
| Information technology | $226,246 | 
| Royalties | $0 | 
| Occupancy | $235,738 | 
| Travel | $15,108 | 
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 | 
| Conferences, conventions, and meetings | $6,035 | 
| Interest | $8 | 
| Payments to affiliates | $0 | 
| Depreciation, depletion, and amortization | $328,131 | 
| Insurance | $129,782 | 
| All other expenses | $0 | 
| Total functional expenses | $6,591,405 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,711,560 | 
| Savings and temporary cash investments | $4,240,324 | 
| Pledges and grants receivable | $174,394 | 
| Accounts receivable, net | $110,621 | 
| Loans from Officers, Directors, or Controlling Persons | $0 | 
| Loans from Disqualified Persons | $0 | 
| Notes and loans receivable | $0 | 
| Inventories for sale or use | $4,028 | 
| Prepaid expenses and deferred charges | $79,386 | 
| Net Land, buildings, and equipment | $8,190,041 | 
| Investments—publicly traded securities | $17,478,353 | 
| Investments—other securities | $16,301 | 
| Investments—program-related | $0 | 
| Intangible assets | $0 | 
| Other assets | $0 | 
| Total assets | $33,005,008 | 
| Accounts payable and accrued expenses | $323,321 | 
| Grants payable | $0 | 
| Deferred revenue | $146,227 | 
| 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 | $117,909 | 
| Total liabilities | $587,457 | 
| Net assets without donor restrictions | $18,529,026 | 
| Net assets with donor restrictions | $13,888,525 | 
| 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 | $33,005,008 |