2025-04-15T09:01:29-05:00 2024-05-31 420714325 RSM US LLP 30 S Wacker Drive Ste 3300 Chicago IL 60606 990 2023-06-01 952592468 Santa Barbara & Ventura Colleges of Law SANT 8057659300 4475 Market Street Ventura CA 93003 Jennifer Gantz Corporate Treasurer 3123791699 2025-04-08 1 1 Rebekuh Eley P01247672 3126343400 2025-04-08 2023 2025-03-06 01:10:19Z The Colleges of Law Michael Horowitz 203 N LaSalle Ste 1900 Chicago IL 60601 6996059 0 X www.CollegesofLaw.edu X 1969 CA The mission of The Colleges of Law is to provide access to law and law-related professions through emphasizing opportunity, academic excellence, and community engagement. 14 12 130 30 0 0 24260 44983 6030904 6755072 133916 153842 -10511 -19611 6178569 6934286 85242 72178 0 0 3269169 3475150 0 0 15654 2700444 3092400 6054855 6639728 123714 294558 11263538 11988492 3068466 3072620 8195072 8915872 X The mission of The Colleges of Law is to provide access to law and law-related professions through emphasizing opportunity, academic excellence, and community engagement. 0 0 4505124 72178 6755072 The Colleges of Law ("COL") is a California nonprofit corporation that operates as a law school with campus locations in Santa Barbara and Ventura, California. COL provides high quality legal education delivered through two modalities: an evening, onsite option and a hybrid (70 percent online and 30 percent onsite) option, leading to the award of a Juris Doctor Degree and eligibility to sit for the California State Bar Examination. COL also offers a Master of Business, Law, and Technology via distance learning.(See continuation on Schedule O)Founded to provide an opportunity for men and women of all ages, backgrounds, and life experiences to enter the legal profession, COL seeks to develop graduates who will be competent practitioners and who recognize and adhere to the high level of ethics, professional responsibility, and civic duty our society expects of lawyers. Duringthe fiscal year ended May 31, 2024, COL provided education to over 350students. 4505124 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 13 0 1 130 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 12 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 0 0 0 CA X Jennifer Gantz 3123791699 203 N LaSalle Street Suite 1900 Chicago IL 60601 Michael Horowitz Corporate President/Trustee 2.00 38.00 X X 0 1457327 138161 Matthew Nehmer President 40.00 0.00 X X 277809 0 31843 Jana Johnston Board Chair (until 05/24) 2.00 6.00 X 0 0 0 Richard Winn Vice Chair (until 10/23) 2.00 0.00 X 0 0 0 Farfalla Borah Trustee/Board Chair 2.00 0.00 X 0 0 0 Casey Summar Trustee/Vice Chair 2.00 0.00 X 0 0 0 Teri Cannon Trustee (as of 02/24) 2.00 0.00 X 0 0 0 Von Nguyen Deroian Trustee 2.00 0.00 X 0 0 0 Arturo Hernandez Trustee 2.00 0.00 X 0 0 0 Betsy Jeppesen Trustee 2.00 0.00 X 0 0 0 Bernard Luskin Trustee 2.00 0.00 X 0 0 0 Lauren Nicholson Trustee 2.00 0.00 X 0 0 0 Charlita Shelton Trustee (until 12/23) 2.00 0.00 X 0 0 0 Julius Sokenu Trustee 2.00 0.00 X 0 0 0 Catherine Swysen Trustee 2.00 0.00 X 0 0 0 Lori Trofemuk Trustee 2.00 0.00 X 0 0 0 Celina Zacarias Trustee (as of 02/24) 2.00 0.00 X 0 0 0 Shari Mikos Corporate Secretary 2.00 38.00 X 0 284769 25026 Greg Beno Asst. Corp. Treasurer 2.00 38.00 X 0 250348 17958 Jennifer Gantz Corporate Treasurer 2.00 38.00 X 0 345499 23668 Donnell Bell Asst. Corp. Secretary (until 05/24) 2.00 38.00 X 0 190529 25201 Sara Sotelo Asst. Corp. Secretary 2.00 38.00 X 0 87786 18923 Jacqueline Gardina Chief Acedemic Officer 40.00 0.00 X 260342 0 41728 Andrea Funk Dean of Hybrid JD 40.00 0.00 X 175349 0 12603 Shawn Taylor AVP Admissions 40.00 0.00 X 105184 0 10201 April Vincent Assc. Dean of Student Success 40.00 0.00 X 134383 0 22024 Jeanne Eicks Assc. Dean of Grad 40.00 0.00 X 112500 0 8135 Brandy Price Assc. Dean of Hybrid JD 40.00 0.00 X 110827 0 17042 Deborah Solmor Former Corporate Secretary 2.00 38.00 X 0 574306 16160 1176394 3190564 408673 7 1 1 0 Bar Bri Inc 12222 Merit Drive Suite 1340 Dallas TX 75251 Exam Review Services 118800 1 44983 24739 44983 Tuition & Fee Revenue 611310 6734657 6734657 Other School Revenue 900099 20415 20415 6755072 151554 151554 25554 45165 -19611 -19611 -19611 18896 16608 2288 2288 2288 6934286 6755072 0 134231 72178 72178 646062 388249 257813 2354022 2220934 130689 2399 128907 115904 13003 167101 127328 39531 242 179058 170186 8642 230 287706 287706 24170 24170 3897 3897 71522 52714 18808 991112 991112 62536 15940 46093 503 8288 1362 6926 358649 283485 75164 95217 89812 1006 4399 47869 18222 21766 7881 234911 191549 43362 27847 27847 Student Services 454995 448749 6246 Dues and Memberships 7024 4617 2407 416657 303895 112762 6639728 4505124 2118950 15654 1295635 88301 279856 2076792 14953 11658 139770 110488 139657 104305 5944400 1409297 4766856 4535103 3023886 3506579 1602925 1555266 11263538 11988492 586233 600546 892877 1039723 1589356 1432351 3068466 3072620 X 7849210 8536207 345862 379665 8195072 8915872 11263538 11988492 294558 426242 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3025002 497692 15000 3507694 3050893 -25891 3025002 3359500 -294658 13949 3050893 2435260 250000 674240 3359500 2288985 146275 2435260 0.90330 0.09670 0.00000 0 0 941000 941000 3523148 487002 3036146 62196 62196 0 336282 320314 15968 1081774 539785 541989 4535103 Deposits 9600 Retirement Plan Assets 149371 Right-of-use Asset 1283365 Due from Affiliate 112930 1555266 Retirement Plan Liabilities 149371 Right-of-use Liabilties 1282980 1432351 X 7329618 426242 -72178 354064 6975554 3897 -45165 -41268 6934286 6608818 45165 45165 6563653 3897 72178 76075 6639728 Part V, Line 4: The intended use of The Colleges of Law's endowment fund is for its program services, including scholarships. Part X, Line 2: The College has received notification that it qualifies as a tax-exempt organization under Section 501(c)(3) of the U.S. Internal Revenue Code and corresponding provisions of the State of California law. The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the College may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the College and various positions related to the potential sources of unrelated business taxable income. There were no unrecognized tax benefits identified or recorded as liabilities during the years ended May 31, 2024 and 2023. COL files Form 990 annually in the U.S. federal jurisdiction and in the State of California. Part XI, Line 2d - Other Adjustments: Scholarships -72,178. Part XI, Line 4b - Other Adjustments: Rental expenses -45,165. Part XII, Line 2d - Other Adjustments: Rental expenses 45,165. Part XII, Line 4b - Other Adjustments: Scholarships 72,178. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The Colleges of Law nondiscrimination policies are published in the academic catalog, student handbook, and admissions policies, which are available to the public via the institution's website. Schedule E, Part I, Line 6 The Colleges of Law receives funds from the U.S. Department of Education for several student financial assistance programs, including the Federal Direct Stafford Loan Program, Federal Direct Grad Plus Loan Program, Federal Direct Plus Loan Program, Federal Pell Grant Program, and Federal Work-Study Program. 1 Scholarships 81 72178 Part I, Line 2: The Colleges of Law provides scholarships to new and continuing students. These scholarships are dependent upon factors such as alumni recommendations, academic standing, and other criteria related to admission/participation in the program. The Colleges of Law maintains records of the scholarship award amounts, evidence of good academic standing and criteria for scholarship selection. 1 1 0 0 0 0 0 1 0 Michael Horowitz Corporate President/Trustee 0 857327 0 600000 0 0 0 120000 0 18161 0 1595488 0 0 Deborah Solmor Former Corporate Secretary 0 175306 0 72500 0 326500 0 14943 0 1217 0 590466 0 0 Jennifer Gantz Corporate Treasurer 0 277999 0 67500 0 0 0 23100 0 568 0 369167 0 0 Shari Mikos Corporate Secretary 0 231019 0 53750 0 0 0 20151 0 4875 0 309795 0 0 Matthew Nehmer President 222684 0 55125 0 0 0 19714 0 12128 0 309651 0 0 0 Jacqueline Gardina Chief Acedemic Officer 226311 0 34031 0 0 0 18737 0 22992 0 302071 0 0 0 Greg Beno Asst. Corp. Treasurer 0 213433 0 36915 0 0 0 17505 0 453 0 268306 0 0 Donnell Bell Asst. Corp. Secretary (until 05/24) 0 173889 0 16640 0 0 0 13513 0 11688 0 215730 0 0 Andrea Funk Dean of Hybrid JD 166744 0 8605 0 0 0 12275 0 328 0 187952 0 0 0 April Vincent Assc. Dean of Student Success 127783 0 6600 0 0 0 9681 0 12344 0 156408 0 0 0 Part I, Line 3 The Colleges of Law, with support from a related organization, TCS Education System, used one or more of the methods described below to establish the top management official's compensation: - Compensation Committee - Independent Compensation Consultant - Compensation Survey or Study - Form 990 of other organizations - Approval by the Board of Compensation Committee Part I, Lines 4a-b Part I, Line 4a: The following individual received severance payments in 2023. These payments are reported as taxable compensation on Part II, Column b(iii): Deborah Solmor, Severance - $326,500 Part I, Line 4b: TCS Education System provides a supplemental deferred compensation plan for certain executives. The following individuals participate in the plan: - Michael Horowitz Part I, Line 7 The target opportunity for the discretionary award is established through market compensation and internal policy so as to relate pay, performance and rewards. Upon reviewing annual performance, the Executive Committee of the Board of Trustees determines results and the granting of discretionary awards, if any. Form 990, Part VI, Section A, line 6 TCS Education System is the sole corporate member of The Colleges of Law. Form 990, Part VI, Section A, line 7a The Member has the authority to consent to the election of persons to membership on the Board of Trustees, this shall apply to any removal of a member of the Board. Form 990, Part VI, Section A, line 7b The following powers and responsibilities are reserved unto the corporate member, TCS Education System: a. The authority of the Member to consent to a change in the Mission or Purpose of the Corporation. b. The authority of the Member to consent to a change in the legal entity of tax structure of the Corporation. c. The authority of the Member to amend the Articles of Incorporation or Bylaws. Form 990, Part VI, Section B, line 11b The IRS Form 990 is prepared by an independent accounting firm (RSM US LLP) along with the advice of management and attorneys of the organization. The Form 990 is made available to the Governing Board prior to filing with the IRS. Form 990, Part VI, Section B, line 12c An Interested Person must annually disclose the existence of the facts and circumstances of any conflict of interest to either 1) the Board members and members of Board committees or 2) Human Resources with respect to any action or proposed action that gives rise to the conflict of interest. Pending review and resolution by the Board or the Governance Committee or Human Resources, the Interested Person shall be excluded from any deliberations or action concerning conflicts of the matter that gives rise to the conflict of interest. Each Board member, corporate officer, Board committee members and key employee shall annually sign a statement that affirms that such person a) has received a copy of the conflict-of-interest policy, b) has read and understands the policy, c) has agreed to comply with the policy, d) understands that the College is a charitable organization and that in order to maintain its federal tax exemption it must engage primarily in activities that accomplish one or more of its tax-exempt purposes. Form 990, Part VI, Section B, line 15 Each Board's Executive Committee reviews and approves the compensation of certain executives of the Corporation to determine that it is just and reasonable. The Executive Committee, in coordination with TCS Education System, shall conduct or cause to be conducted an analysis of the compensation to be paid to the executive as compared to other executives in similar positions with similar organizations. The Executive Committee engages an outside independent compensation consultant to benchmark salaries and benefits. Executive salaries are reviewed and approved by each Board's Executive Committee with the assistance of a benefits consulting firm (Pearl Meyer) that provides recommendations based on comparative data with other organizations. The Board documents the basis for all compensation determination in the records of the Board. Form 990, Part VI, Section C, line 19 The financial information as well as governance documents, which include the conflict of interest policy, are not made available to the public. The Chicago School of Professional Psychology 325 North Wells Chicago IL 60654 363005527 Education IL 501(c)(3) Line 2 The Chicago School - California Inc 1 TCS Education System 203 N LaSalle Street Suite 1900 Chicago IL 60601 270717860 Supporting Organization IL 501(c)(3) Line 12b, II N/A 0 The Chicago School - Washington DC Inc 901 15th Street NW Washington DC 20005 800477644 Education DC 501(c)(3) Line 2 The Chicago School - California Inc 1 The Chicago School - California Inc 707 Wilshire Boulevard Los Angeles CA 90017 900394713 Education CA 501(c)(3) Line 2 TCS Education System 1 Pacific Oaks Education Corporation 45 Eureka Street Pasadena CA 91103 951716809 Education CA 501(c)(3) Line 2 TCS Education System 1 TCS Education - Texas Inc 2101 N Waterview Parkway Richardson TX 75080 364769956 Education TX 501(c)(3) Line 2 The Chicago School - California Inc 1 Saybrook University 55 Eureka Street Pasadena CA 91103 942155109 Education CA 501(c)(3) Line 2 TCS Education System 1 Kansas Health Science University Inc 217 E Douglas Avenue Wichita KS 67202 825178988 Education KS 501(c)(3) Line 2 TCS Education System 1 University of Western States 8000 NE Tillamook Street Portland OR 97213 930309970 Education OR 501(c)(3) Line 2 TCS Education System 1 University of Western States Health Care Incorporated 8000 NE Tillamook Street Portland OR 97213 851407679 Health Care OR N/A C 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0