South Baylo University

Organization Overview

South Baylo University is located in Anaheim, CA. The organization was established in 1981. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2020, South Baylo University employed 142 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Baylo 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 06/2020, South Baylo University generated $3.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $5.3m during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF SBU IS TO EXPAND PROFESSIONAL, CLINICAL AND SCIENTIFIC KNOWLEDGE OF ACUPUNCTURE AND ORIENTAL MEDICINE AMONG STUDENTS, FACULTY, STAFF, AND THE GENERAL PUBLIC THROUGH EFFECTIVE TEACHING, SCHOLARLY ACTIVITY AND QUALITY PATIENT CARE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TEACHING AND CLINIC ACTIVITIES AS A COLLEGE INSTITUTE


IN RESPONSE TO IRS AUDIT DETERMINATION OF THE AUDITED TAX YEAR ENDING JUNE 30, 2015 AND JUNE 30, 2016, THE ORGANIZATION HAS RECLASSIFIED THE RENTAL ACTIVITY ORIGINALLY REPORTED ON FORM 990-T AS UNRELATED BUSINESS INCOME. ALL ASSOCIATED NOL CARRYOVERS HAVE BEEN ADJUSTED TO ZERO. THIS ACTIVITY IS PRECLUDED FROM UBTI DUE TO THE FACT THAT RENTAL INCOME IS SOURCED FROM OTHER ORGANIZATIONS EXEMPT FROM TAXATION UNDER IRC 501(C)3. SHOULD THERE BE ANY RENTAL INCOME FROM SOURCES THAT ARE NOT EXEMPT, THOSE WILL BE REPORTABLE AND TAXABLE ON FORM 990-T AS UNRELATED BUSINESS INCOME. THE ORGANIZATION HAS REPORTED THESE ON ITS AUDITED FINANCIAL STATEMENTS AS AUXILIARY ENTERPRISES.


TEACHING AND CLINIC ACTIVITIES AS A COLLEGE INSTITUTE


IN RESPONSE TO IRS AUDIT DETERMINATION OF THE AUDITED TAX YEAR ENDING JUNE 30, 2015 AND JUNE 30, 2016, THE ORGANIZATION HAS RECLASSIFIED THE RENTAL ACTIVITY ORIGINALLY REPORTED ON FORM 990-T AS UNRELATED BUSINESS INCOME. ALL ASSOCIATED NOL CARRYOVERS HAVE BEEN ADJUSTED TO ZERO. THIS ACTIVITY IS PRECLUDED FROM UBTI DUE TO THE FACT THAT RENTAL INCOME IS SOURCED FROM OTHER ORGANIZATIONS EXEMPT FROM TAXATION UNDER IRC 501(C)3. SHOULD THERE BE ANY RENTAL INCOME FROM SOURCES THAT ARE NOT EXEMPT, THOSE WILL BE REPORTABLE AND TAXABLE ON FORM 990-T AS UNRELATED BUSINESS INCOME. THE ORGANIZATION HAS REPORTED THESE ON ITS AUDITED FINANCIAL STATEMENTS AS AUXILIARY ENTERPRISES.


TEACHING AND CLINIC ACTIVITIES AS A COLLEGE INSTITUTE


IN RESPONSE TO IRS AUDIT DETERMINATION OF THE AUDITED TAX YEAR ENDING JUNE 30, 2015 AND JUNE 30, 2016, THE ORGANIZATION HAS RECLASSIFIED THE RENTAL ACTIVITY ORIGINALLY REPORTED ON FORM 990-T AS UNRELATED BUSINESS INCOME. ALL ASSOCIATED NOL CARRYOVERS HAVE BEEN ADJUSTED TO ZERO. THIS ACTIVITY IS PRECLUDED FROM UBTI DUE TO THE FACT THAT RENTAL INCOME IS SOURCED FROM OTHER ORGANIZATIONS EXEMPT FROM TAXATION UNDER IRC 501(C)3. SHOULD THERE BE ANY RENTAL INCOME FROM SOURCES THAT ARE NOT EXEMPT, THOSE WILL BE REPORTABLE AND TAXABLE ON FORM 990-T AS UNRELATED BUSINESS INCOME. THE ORGANIZATION HAS REPORTED THESE ON ITS AUDITED FINANCIAL STATEMENTS AS AUXILIARY ENTERPRISES.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$2,033
Investment income $52,855
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,345,995

Grants Recieved

Over the last fiscal year, we have identified 1 grants that South Baylo University has recieved totaling $0.

Awarding OrganizationAmount
$0
View Grant Recipient Profile

Create an account to unlock the data you need.

or