2026-04-10T10:32:59-05:00 2025-05-31 420714325 RSM US LLP 30 S Wacker Drive Ste 3300 Chicago IL 60606 990 2024-06-01 942155109 Saybrook University SAYB 6263165300 55 Eureka Street Pasadena CA 91103 Jennifer Gantz Corporate Treasurer 3123791699 2026-04-08 1 1 Rebekuh Eley P01247672 3126343400 2026-04-08 2024 2025-03-06 01:10:19Z Michael Horowitz 203 N LaSalle Ste 1900 Chicago IL 60601 27274397 0 X www.Saybrook.edu X 1971 CA Saybrook University relentlessly pursues a socially just, sustainable world by educating humanistic leaders to transform their fields and communities. 10 9 279 20 0 0 49303 209099 24565062 26361633 612680 702423 0 0 25227045 27273155 1568781 1558383 0 0 11880553 12040663 0 0 201786 10128996 10235676 23578330 23834722 1648715 3438433 21027242 25402088 6275708 6660917 14751534 18741171 X Saybrook University relentlessly pursues a socially just, sustainable world by educating humanistic leaders to transform their fields and communities. 0 0 15769398 1558383 26361633 The University comprises two schools: the College of Social Sciences, which offers degrees in Humanistic and Clinical Psychology, Counseling (M.A. and Ph.D.), Leadership and Management (M.A. and Ph.D. in Organizational Systems and M.A. in Management), and Transformative Social Change (M.A. and Ph.D.); and the College of Integrative Medicine and Health Sciences, which offers degrees in Mind-Body Medicine (M.A. and Ph.D.) and Integrative and Functional Nutrition (M.S. and Ph.D.). The University also offers certificates, continuing education, and professional studies in several of these areas. The learning model includes online-hybrid and residential formats. Saybrook served over 1,000 students during the fiscal year ended May 31, 2025. 15769398 1 1 0 0 0 0 0 0 0 0 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 1 0 0 1 20 0 1 279 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X Jennifer Gantz 3123791699 203 N LaSalle Suite 1900 Chicago IL 60601 Michael Horowitz Corporate President/Trustee 2.00 38.00 X X 0 1566900 181097 Robyn Parker Interim President (until 4/25) 40.00 0.00 X X 292066 0 52318 Nathan Long Trustee/College Pres. (until 6/24) 40.00 0.00 X X 291365 223199 54252 Jeremy Moreland Trustee/College Pres. (as of 4/25) 40.00 0.00 X X 0 0 0 Patricia Breen Board Chair 2.00 0.00 X 0 0 0 Diane Watson Vice Chair 2.00 0.00 X 0 0 0 David Ford Trustee 2.00 0.00 X 0 0 0 Jennifer Groh Trustee 2.00 0.00 X 0 0 0 Ellen Helms Trustee 2.00 0.00 X 0 0 0 Cherron Hoppes Trustee (until 9/24) 2.00 0.00 X 0 0 0 Jana Johnston Trustee 2.00 4.00 X 0 0 0 Carolyn Mathis Trustee (until 5/25) 2.00 0.00 X 0 0 0 Joann Smikle Trustee 2.00 0.00 X 0 0 0 James Thiering Trustee 2.00 0.00 X 0 0 0 Jennifer Gantz Corporate Treasurer 2.00 38.00 X 0 375738 24740 Greg Beno Asst. Corp. Treasurer 2.00 38.00 X 0 257592 18468 Shari Mikos Corporate Secretary 2.00 38.00 X 0 339858 28735 Elisa Davis Assistant Secretary (as of 10/24) 2.00 38.00 X 0 49184 3895 Sara Sotello Asst. Corp. Secretary 2.00 38.00 X 0 93494 19684 Karyn Browning VP of Admissions 40.00 0.00 X 194121 0 28174 Donald Moss Dean of Online Programs 40.00 0.00 X 155905 0 11845 Charlotte Hamilton Dean, Online Programs 40.00 0.00 X 140454 0 44318 Shaniece McGill Vice Provost of Student Life & Dean of Students 40.00 0.00 X 128064 0 39938 1201975 2905965 507464 6 0 1 0 Hilton Los AngelesUniversal City 555 Universal Hollywood Drive Universal City CA 91608 Student Residency Expenses 742677 Hilton Pasadena 168 S Los Robles Ave Pasadena CA 91101 Student Residency Expenses 220139 2 155329 53770 209099 Student Tuition/Fees 611310 26355379 26355379 Other School Revenue 611310 6254 6254 26361633 702468 702468 1197 1242 -45 -45 -45 27273155 26361633 0 702423 1558383 1558383 502251 125563 376688 9396544 9143147 132692 120705 545428 523014 16466 5948 888181 807387 72552 8242 708259 684276 17050 6933 2415718 2415718 106173 106173 8492 8492 29190 2772 26418 3520881 3520881 130499 32098 97795 606 142746 123276 17603 1867 395768 260875 86966 47927 215587 178355 37232 68481 62705 5776 102378 61235 31585 9558 74546 74546 Student Services 938895 915842 23053 Bad Debt Expense 699084 699084 Dues and Memberships 21365 17497 3868 Subscriptions and Publi 13321 6878 6443 1352552 1266095 86457 23834722 15769398 7863538 201786 141447 269273 7391355 10927308 478923 386262 163495 287130 836093 568139 340352 267954 9300519 10736624 582649 552669 2628502 1974868 21027242 25402088 1357814 1376664 2590254 2976361 2327640 2307892 6275708 6660917 X 13652048 17547774 1099486 1193397 14751534 18741171 21027242 25402088 3438433 551204 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 249491 83709 165782 399209 399209 0 187393 85221 102172 267954 Other Assets 12000 Retirement Plan Assets 175655 Right-of-use Asset 1787213 1974868 Retirement Plan Liabilities 175655 Right-of-use Liability 1862735 Due to Affiliates 269502 2307892 X 26257485 551204 -1558383 -1007179 27264664 8491 8491 27273155 22267848 0 22267848 8491 1558383 1566874 23834722 Part X, Line 2: The University 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 University 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 University and various positions related to the potential sources of unrelated business taxable income. There were no unrecognized tax benefits identified or recorded as liabilities for the years ended May 31, 2025 and 2024. The University annually files Form 990 in the U.S. federal jurisdiction and in the State of California. Part XI, Line 2d - Other Adjustments: Scholarships -1,558,383. Part XII, Line 4b - Other Adjustments: Scholarships 1,558,383. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Saybrook University's 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 Saybrook University receives funds from the US 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, and Federal Work-Study Program. 1 Scholarships 654 1558383 Part I, Line 2: Saybrook University provides scholarships to new and continuing students. These scholarships are dependent upon factors such as recommendations, academic standing, and other criteria related to admission/participation in the program. Saybrook University maintains records of the scholarship award amounts, evidence of good academic standing and criteria for scholarship selection. 0 1 0 0 0 0 0 1 0 Michael Horowitz Corporate President/Trustee 0 936900 0 630000 0 0 0 162292 0 18805 0 1747997 0 0 Nathan Long Trustee/College Pres. (until 6/24) 212615 197268 78750 0 0 25931 16993 920 17459 18880 325817 242999 0 0 Jennifer Gantz Corporate Treasurer 0 304863 0 70875 0 0 0 24150 0 590 0 400478 0 0 Shari Mikos Corporate Secretary 0 277358 0 62500 0 0 0 24002 0 4733 0 368593 0 0 Robyn Parker Interim President (until 4/25) 238258 0 53808 0 0 0 21558 0 30760 0 344384 0 0 0 Greg Beno Asst. Corp. Treasurer 0 225050 0 32542 0 0 0 18001 0 467 0 276060 0 0 Karyn Browning VP of Admissions 161574 0 32547 0 0 0 13978 0 14196 0 222295 0 0 0 Charlotte Hamilton Dean, Online Programs 130613 0 9841 0 0 0 10637 0 33681 0 184772 0 0 0 Shaniece McGill Vice Provost of Student Life & Dean 112314 0 15750 0 0 0 10018 0 29920 0 168002 0 0 0 Donald Moss Dean of Online Programs 145772 0 10133 0 0 0 10956 0 889 0 167750 0 0 0 Part I, Line 3 Saybrook University, 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: - Executive Committee - Independent Compensation Consultant - Compensation Survey or Study - Form 990 of other organizations - Approval by the Board of Executive Committee Part I, Line 4b 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 The initial and sole member is TCS Education System (the Member). 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 powers and authority of the Member shall be limited to the following: i. The authority of the Member to consent to a change in the Purpose of the Corporation; ii. The authority of the Member to consent to a change in the legal entity or tax structure of the Corporation; iii. The authority of the Member to amend the Articles of Incorporation or Bylaws. In addition to the power and authority reserved to the Member in the Articles of Incorporation, the Member shall have the full and exclusive authority to take any action reserved, or granted to it in these Bylaws or applicable law. Form 990, Part VI, Section B, line 11b The Form 990 is prepared by an independent accounting firm (RSM US LLP) along with the advice of the management and attorneys of the organization. The Form 990 is posted to a secure web portal, allowing members to review and offer commentary prior to the filing of the Form 990. 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 Corporation 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. Form 990, Part VI, Section C, line 19 Financial information as well as governance documents, which include the conflict of interest policy are not made available to the public. 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 of Professional Psychology 325 North Wells Chicago IL 60654 363005527 Education IL 501(c)(3) Line 2 The Chicago School - California Inc 1 The Chicago School - Washington DC Inc 1101 K 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 The Colleges of Law 4475 Market Street Ventura CA 93003 952592468 Education CA 501(c)(3) Line 2 TCS Education System 1 TCS Education - Texas Inc 6275 W Plano Pkwy Suite 130 Plano TX 75093 364769956 Education TX 501(c)(3) Line 2 The Chicago School - California Inc 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 1 0 1 0 0 1 0 0 0 Pacific Oaks Education Corporation K 385960 Schedule R, Part II: The Chicago School - Washington D.C., Inc. 80-0477644 dissolved on November 7, 2024. TCS Education - Texas, Inc. 36-4769956 dissolved on November 4, 2024.