Marshall B Ketchum University

Organization Overview

Marshall B Ketchum University is located in Fullerton, CA. The organization was established in 1954. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 06/2021, Marshall B Ketchum University employed 279 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marshall B Ketchum 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, Marshall B Ketchum University generated $47.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $39.4m during the year ending 06/2021. While expenses have increased by 5.8% 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF MARSHALL B. KETCHUM UNIVERSITY IS TO EDUCATE CARING, INSPIRED HEALTH CARE PROFESSIONALS WHO ARE PREPARED TO DELIVER COLLABORATIVE, PATIENT-CENTRIC HEALTH CARE IN AN INTERPROFESSIONAL ENVIRONMENT. MBKU IS HOME TO THE SOUTHERN CALIFORNIA COLLEGE OF OPTOMETRY, THE SCHOOL OF PA STUDIES AND COLLEGE OF PHARMACY. THE SOUTHERN CALIFORNIA COLLEGE OF OPTOMETRY CONFERS A DOCTOR OF OPTOMETRY AND A MASTER OF SCIENCE IN VISION SCIENCE DEGREE. THE SCHOOL OF PA STUDIES AWARDS A MASTER OF MEDICAL SCIENCES DEGREE AND THE COLLEGE OF PHARMACY AWARDS A DOCTOR OF PHARAMCY DEGREE. MBKU OWNS AND OPERATES TWO HEALTH CARE CENTERS: KETCHUM HEALTH IN ANAHEIM HILLS AND LOS ANGELES.

Describe the Organization's Program Activity:

GRADUATE EDUCATION:THE MISSION OF MARSHALL B. KETCHUM UNIVERSITY IS TO EDUCATE CARING, INSPIRED HEALTH CARE PROFESSIONALS WHO ARE PREPARED TO DELIVER COLLABORATIVE, PATIENT-CENTRIC HEALTH CARE IN AN INTERPROFESSIONAL ENVIRONMENT, AND THE CURRICULUM HAS BEEN ESTABLISHED TO ACHIEVE THIS GOAL. IN ADDITION TO THE RIGOROUS ACADEMIC AND CLINICAL CURRICULUM ON CAMPUS, ALL PROFESSIONAL STUDENTS ROTATE THROUGH SEVERAL EXTERNAL CLINICAL SITES TO BROADEN AND DIVERSIFY THEIR LEARNING EXPERIENCES TO PREPARE THEM FOR CAREERS IN HEALTH CARE. IN THE FALL OF 2020, OUR TOTAL ENROLLMENT WAS 759 FULLTIME HEALTH PROFESSIONAL STUDENTS REPRESENTING OPTOMETRY (412), PHYSICIAN ASSISTANT (PA) (122), PHARMACY (210), MASTER OF SCIENCE IN VISION SCIENCE (2) AND OUR INTERNATION PROGRAM OFFERING A MASTER OF SCIENCE IN CLINICAL OPTOMETRY (27).FOR THE 2020-21 ACADEMIC YEAR, WE GRADUATED 40 MEDICAL MASTER SCIENCE DEGREES AND PA CERTIFICATES, 98 DOCTOR OF OPTOMETRY DEGREES AND 47 DOCTOR OF PHARMACY DEGREES.ADMISSIONS PROCESS FOR FALL 2020 ENROLLMENT ARE REPORTED BELOW. AT THE OUTSET OF THE APPLICATION PERIOD, THE ADMISSIONS POLICY COMMITTEES ESTABLISH HIGH STANDARDS FOR GPAS, APPLICATION TEST SCORES AND ACADEMIC INDEX POINT MINIMUMS PROVIDING THRESHOLDS FOR ADMISSIONS PERSONNEL TO CAREFULLY SCREEN AND SELECT THE MOST QUALIFIED APPLICANTS TO INTERVIEW.PROGRAM: OPTOMETRYVERIFIED APPLICATIONS* 512INTERVIEWS CONDUCTED 281MATRICULATED CLASS 100PROGRAM: PAVERIFIED APPLICATIONS* 1,936INTERVIEWS CONDUCTED 175MATRICULATED CLASS 42PROGRAM: PHARMACYVERIFIED APPLICATIONS* 239INTERVIEWS CONDUCTED 140MATRICULATED CLASS 55*VERIFIED APPLICATIONS THROUGH THE CENTRALIZED APPLICATION SYSTEM(I.E., OPTOMCAS, CASPA, AND PHARMCAS).


CLINICAL EDUCATION VISION/PATIENT CARE:AFFILIATED WITH THE EDUCATION PROGRAM, THE UNIVERSITY OPERATES FULL-SERVICE VISION CLINICS ON ITS ORANGE COUNTY CAMPUS AND IN DOWNTOWN LOS ANGELES, PLUS 3 LIMITED-HOUR COMMUNITY CLINICS IN ORANGE COUNTY AND LOS ANGELES, MANY LOCATED IN LOW-INCOME AREAS. THE CLINICS TOGETHER SERVED 24,011 UNIQUE ENCOUNTERS. COMPREHENSIVE VISION SERVICES INCLUDE PRIMARY EYE CARE AND SPECIALIZED PATIENT SERVICES: BASIC VISION EXAMINATION; PEDIATRIC VISION SCREENING, VISION CARE AND VISION THERAPY; OCULAR DISEASE DIAGNOSIS AND TREATMENT AND OPHTHALMOLOGY CONSULTATION; CONTACT LENSES AND PROSTHETICS FITTING; LOW VISION REHABILITATION AND EYEWEAR AND OPTICAL DISPENSING. THE VISION CLINICS PROVIDED $364,352 IN PUBLIC SUPPORT THROUGH DISCOUNTS AND FEE WAIVERS. ALSO, 1,093 PATIENTS WERE SERVED THROUGH OUR 12 SCHOOL SCREENING PROGRAMS.


RESEARCH: THE UNIVERSITY SUPPORTS RESEARCH WITHIN THE THREE UNIVERSITY PROGRAMS, THE COLLEGES OF OPTOMETRY AND PHARMACY AND THE SCHOOL OF PHYSICIAN ASSISTANT STUDIES. THE UNIVERSITY PROVIDES ADMINISTRATIVE, PHYSICAL AND FINANCIAL RESOURCES TO FACULTY AND STUDENTS WHO ENGAGE IN RESEARCH. THE SOUTHERN CALIFORNIA COLLEGE OF OPTOMETRY AT MBKU HAS 46 FULL-TIME FACULTY. COLLEGE OF OPTOMETRY RESEARCH INCLUDED EXTERNAL NATIONAL INSTITUTE OF HEALTH (NIH) / NATIONAL EYE INSTITUTE (NEI) GRANTS INCLUDING SEVERAL MULTI-CENTER STUDIES COORDINATED BY THE PEDIATRIC EYE DISEASE INVESTIGATOR GROUP (E.G. IXT5 AND ATS 22). IN ADDITION, INDUSTRY CONTRACTS HAVE BEEN AWARDED TO FACULTY RESEARCHERS BY OPHTHALMIC AND PHARMACEUTICAL COMPANIES INCLUDING GYROSCOPE THERAPEUTICS, GOOD LITE AND NEVAKAR . RESEARCH ACTIVITIES ARE INTEGRAL TO THE MASTER OF SCIENCE IN VISION SCIENCE GRADUATE PROGRAM WHICH HAD A TOTAL OF 16 COMPLETED AND 11 ENROLLED STUDENTS. TOTAL DIRECT GRANT REVENUE FOR THE PERIOD WAS $137,000 AND THERE WERE 34 TOTAL PEER-REVIEWED PUBLICATIONS. THE COLLEGE OF PHARMACY IS COMPOSED OF TWO DEPARTMENTS, PHARMACEUTICAL SCIENCES AND PHARMACY PRACTICE. THE DEPARTMENT OF PHARMACY PRACTICE HAS 17 FULL-TIME FACULTY MEMBERS, WITH 15 AS PHARMACY CLINICAL FACULTY AND TWO NON-CLINICAL FACULTY MEMBERS. BETWEEN JULY 1, 2020 AND JUNE 30, 2021 THE PHARMACY PRACTICE FACULTY PRODUCED 17 PEER-REVIEWED WORKS. THESE PUBLICATIONS WERE COMPOSED OF MANUSCRIPTS IN JOURNALS AS WELL AS SEVERAL BOOK CHAPTERS IN PHARMACY PRACTICE OR PHARMACEUTICAL SCIENCE TEXTS. THE DEPARTMENT OF PHARMACY PRACTICE DID NOT HAVE EXTERNALLY FUNDED RESEACH PROJECTS OR GRANTS DUIRNG THIS REPORTING PERIOD. THE DEPARTMENT OF PHARMACEUTICAL SCIENCES (DPS) HAS 8 FULL-TIME FACULTY MEMBERS, DPS RESEARCH INCLUDED EXTERNAL GRANTS SUCH AS A NEW INVESTIGATOR AWARD (AMERICAN ASSOCIATION OF COLLEGES OF PHARMACY) AND EARLY CAREER FACULTY GRANT (AMERICAN ASSOCIATION OF IMMUNOLOGISTS). TOTAL DIRECT GRANT REVENUE FOR THE PERIOD WAS $9,500 AND THERE WERE A TOTAL OF 8 PEER-REVIEWED PUBLICATIONS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Certified Maintenance Services Inc
Janitorial/housekeeping Services
$273,082
Sincerus Solutions Inc
Temporary Staffing
$139,974
Precision Security And Protective Servic
Security Services
$136,583
Ontario Refrigeration Services Inc
Hvac Maintenance & Repairs
$124,607
Mg Mako
Painting Services
$109,393
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$1,198,925
Government grants $4,598,690
All other contributions, gifts, grants, and similar amounts not included above$1,001,035
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$6,798,650
Total Program Service Revenue$39,393,732
Investment income $398,096
Tax Exempt Bond Proceeds $0
Royalties $350
Net Rental Income $496,890
Net Gain/Loss on Asset Sales -$3,467
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $3,115
Miscellaneous Revenue$0
Total Revenue $47,583,305

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Marshall B Ketchum University has recieved totaling $190,116.

Awarding OrganizationAmount
Good Hope Medical Foundation

South Pasadena, CA

PURPOSE: USC DENTAL SCHOOL CLINIC AT UNION RESCUE MISSION

$75,000
Henry L Guenther Foundation

Seal Beach, CA

PURPOSE: FUNDING TO SUPPORT THE UNDERSERVED VISION CARE PROGRAM AT UECLA, WHICH PROVIDES ECONOMICALLY DISADVANTAGED PATIENTS WITH COMPREHENSIVE EYE EXAMS, FRAMES AND LENSES, TREATMENT AND FOLLOW-UP CARE FOR DIAGNOSED EYE DISORDERS. FUNDING WOULD ALSO ENABLE US TO PURCHASE OPTOMETRY EQUIPMENT THAT WILL ALLOW HEALTH CARE PROFESSIONALS TO SEE MORE PATIENTS AND INCREASE PRECISION AND EFFICIENCY OF SPECIALTY CONTACT LENS FITTINGS FOR PATIENTS WITH CORNEAL DISEASE.

$35,000
Henry L Guenther Foundation

Seal Beach, CA

PURPOSE: FUNDING TO SUPPORT THE UNDERSERVED VISION CARE PROGRAM AT UECLA, WHICH PROVIDES ECONOMICALLY DISADVANTAGED PATIENTS WITH COMPREHENSIVE EYE EXAMS, FRAMES AND LENSES, TREATMENT AND FOLLOW-UP CARE FOR DIAGNOSED EYE DISORDERS. FUNDING TO PURCHASE OPTOMETRY EQUIPMENT THAT WILL ALLOW HEALTH CARE PROFESSIONALS TO SEE MORE PATIENTS AND INCREASE PRECISION AND EFFICIENCY OF SPECIALTY CONTACT LENS FITTINGS FOR PATIENTS WITH CORNEAL DISEASE.

$35,000
Alcon Foundation

Fort Worth, TX

PURPOSE: COMMUNITY

$30,000
Abbvie Foundation

North Chicago, IL

PURPOSE: GENERAL MISSION

$10,000
Elias Genevieve & Georgianna Atol Char Tr

Los Angeles, CA

PURPOSE: SUPPORTING COLLEGE EDUCATION

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$23,489,448
Earnings$2,867,731
Net Contributions$291,697
Other Expense$73,278
Grants$381,055
Ending Balance$26,194,543

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