2026-04-10T10:22:15-05:00 2025-05-31 420714325 RSM US LLP 30 South Wacker Dr Suite 3300 Chicago IL 606063392 990 2024-06-01 951716809 Pacific Oaks Education Corporation PACI 6265298003 45 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 Pacific Oaks College and Children's School Michael Horowitz 203 N LaSalle Ste 1900 Chicago IL 60601 31402362 0 X www.PacificOaks.edu X 1945 CA POCCS prepares students to be culturally intelligent agents of change serving diverse communities in fields of human development, education, and family studies. 13 11 297 120 0 0 1823651 2629476 24071236 25019873 544057 618443 94838 97094 26533782 28364886 1178106 876536 0 0 10622899 12020742 0 0 20613 11824630 11961229 23625635 24858507 2908147 3506379 49144766 53298228 21621965 21582729 27522801 31715499 X Pacific Oaks College and Children's School is dedicated to preparing innovative, engaged, purposeful agents of change who serve the global community. The mission of the College states "Grounded in its social justice heritage, Pacific Oaks College prepares students to be culturally intelligent agents of change serving diverse communities in the fields of human development, education, and related family studies." The primary focus of the Children's School is placed upon all needs of young children and their families, and all those who, in a direct or indirect manner, touch their lives each day. The mission of the Corporation is inclusive of the mission of the College and primary focus of the Children's School. 0 0 16234179 876536 25019873 Pacific Oaks College and Children's School (POCCS) is dedicated to preparing innovative, engaged, purposeful agents of change who serve the global community. The mission of the College states "Grounded in its social justice heritage, Pacific Oaks College prepares students to be culturally intelligent agents of change serving diverse communities in the fields of human development, education, and related family studies." The primary focus of the Children's School is placed upon all needs of young children and their families, and all those who, in a direct or indirect manner, touch their lives each day. The mission of the Corporation is inclusive of the mission of the College and primary focus of the Children's School.Pacific Oaks College is an accredited college by WASC Senior College and University Commission. Pacific Oaks College offers a range of bachelor's, master's, doctoral, and certificate programs in both flexible online and on-ground, in-classroom formats to meet the needs of non-traditional and adult students. Pacific Oaks College served more than 1,200 students during the fiscal year ended May 31, 2025. The Children's School offers both part-time and full-time early childhood education programs for infants, toddlers, and young children through age six. The Children's School enrollment is over 100 children. 16234179 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 39 0 1 297 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 13 11 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 1566900 181097 Breeda McGreath President (as of 7/24) 40.00 0.00 X X 125941 103522 32462 Leanne Wruck Interim Pres./Trustee (until 6/24) 28.00 12.00 X X 54171 288436 27092 Valerie Coachman-Moore Board Chair 2.00 0.00 X 0 0 0 Teresa Nuno Vice Chair 2.00 2.00 X 0 0 0 Kathy Dossett Trustee 2.00 0.00 X 0 0 0 Ryan C Eisenberg Trustee 2.00 0.00 X 0 0 0 Dawn Kurtz Trustee 2.00 0.00 X 0 0 0 Terrence Layng Trustee 2.00 12.00 X 0 0 0 Stacey Lydon Trustee 2.00 0.00 X 0 0 0 Fred Marcus Trustee 2.00 0.00 X 0 0 0 Sharon Shelton Trustee 2.00 0.00 X 0 0 0 Janet Twyman Trustee 2.00 0.00 X 0 0 0 Sydney Williams Hull 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 2.00 38.00 X 0 49184 3895 Sara Sotelo Asst Corp. Secretary 2.00 38.00 X 0 93494 19684 Jerrell Hill Dean of HDE (until 3/28/25) 40.00 0.00 X 180033 0 24009 Michael Patton Dean 40.00 0.00 X 181112 0 21321 Jane Sawyer VP Human Resources 40.00 0.00 X 172466 0 25998 Nubian London Associate VP of Admissions 40.00 0.00 X 143125 0 50208 Terry Webster Administrative Faculty 40.00 0.00 X 138507 0 20600 Jack Paduntin Former Trustee/College President 40.00 0.00 X 161754 0 23680 1157109 3074724 501989 15 1 1 0 Alston & Bird LLP 1201 W Peach Tree Street Atlanta GA 30309 Legal Services 172285 1 1820957 808519 2629476 Tuition & Fee Revenue 611310 24990312 24990312 Other School Revenue 900099 29561 29561 25019873 618531 618531 11914 11914 992724 995919 -3195 -3195 -3195 2041469 2041557 -88 -88 -88 Parent Association Fund 900099 88375 88375 88375 28364886 25019873 0 715537 876536 876536 517460 129365 388095 9536712 8928962 592010 15740 467157 439887 27270 770749 666677 102821 1251 728664 689021 39558 85 2111275 2111275 38608 38608 16469 16469 189710 124902 64808 3746885 3746885 345534 268856 75207 1471 42368 39683 2603 82 523151 306222 216929 139017 102166 36831 20 274787 229327 45254 206 356380 306281 50099 359896 319168 40728 189759 189759 Student Services 2533342 2523755 9587 Bad Debt 674335 674335 Subscriptions and Publi 56113 44557 10237 1319 Dues and Memberships 33813 22108 11690 15 329787 216706 112657 424 24858507 16234179 8603715 20613 1347171 1924204 4349849 6314029 209219 860132 709580 490400 0 82116 203020 198095 31892574 5403878 26705388 26488696 14350694 16474736 6990 0 1262855 465820 49144766 53298228 1714525 1538182 3611936 4294116 14207557 13601727 2046921 1966900 41026 181804 21621965 21582729 X 20294854 23538976 7227947 8176523 27522801 31715499 49144766 53298228 X 3506379 1031143 -344824 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12546490 331167 1324381 139614 14062424 11075597 1680453 209560 12546490 11442360 -88766 277997 11075597 12572683 -1011322 119001 11442360 9869139 2975068 271524 12572683 0.44929 0.32627 0.22444 0 0 14123271 14123271 14959141 3173833 11785308 899206 891247 7959 1910956 1338798 572158 26488696 Other Liabilities 34036 Due to Related Party 147768 181804 X 29154119 1031143 -1221360 -190217 29344336 16469 -995919 -979450 28364886 24961421 995919 995919 23965502 16469 876536 893005 24858507 Part V, Line 4: POCCS's endowment consists of donor-restricted funds and a Board designated fund for general institutional support. The endowment funds are primarily used for student financial assistance and mission advancement. Part X, Line 2: POCCS 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, POCCS 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 POCCS 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, 2025 or 2024. POCCS files Form 990 annually in the U.S. federal jurisdiction and in the State of California. Part XI, Line 2d - Other Adjustments: Net unrealized gain on interest rate swap -344,824. Scholarships reported as a contra revenue account -876,536. Part XI, Line 4b - Other Adjustments: Rental expenses -995,919. Part XII, Line 2d - Other Adjustments: Rental expenses 995,919. Part XII, Line 4b - Other Adjustments: Scholarships reported as a contra revenue account 876,536. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Pacific Oaks College and Children's School 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 POCCS 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, Federal Pell Grant Program, Federal Supplemental Education Opportunity Grant Program, and Federal Work-Study Program. POCCS also receives state funding from the California monetary assistance programs including California Grant A, California Grant B, California Grant T, and California Grant Subsistence. 1 Scholarships 349 876536 Part I, Line 2: POCCS gives need-based and merit-based scholarships. Need-based scholarships are monitored through the Department of Education FAFSA form. Students with $0 estimated family contribution (EFC), based on the Department of Education guidelines, will be automatically awarded a scholarship. Merit-based scholarships are granted to students who submit all required documentation by certain deadlines and apply with good academic standing. 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 Jennifer Gantz Corporate Treasurer 0 304863 0 70875 0 0 0 24150 0 590 0 400478 0 0 Leanne Wruck Interim Pres./Trustee (until 6/24) 54171 225936 0 62500 0 0 3792 15719 0 7581 57963 311736 0 0 Shari Mikos Corporate Secretary 0 277358 0 62500 0 0 0 24002 0 4733 0 368593 0 0 Greg Beno Asst Corp. Treasurer 0 225050 0 32542 0 0 0 18001 0 467 0 276060 0 0 Breeda McGreath President (as of 7/24) 125941 95614 0 7908 0 0 9046 7502 7079 8835 142066 119859 0 0 Jerrell Hill Dean of HDE (until 3/28/25) 174625 0 5408 0 0 0 12805 0 11204 0 204042 0 0 0 Michael Patton Dean 159440 0 21672 0 0 0 11794 0 9527 0 202433 0 0 0 Jane Sawyer VP Human Resources 149808 0 22658 0 0 0 12385 0 13613 0 198464 0 0 0 Nubian London Associate VP of Admissions 122561 0 20564 0 0 0 11210 0 38998 0 193333 0 0 0 Jack Paduntin Former Trustee/College President 161754 0 0 0 0 0 11661 0 12019 0 185434 0 0 0 Terry Webster Administrative Faculty 133030 0 5477 0 0 0 9891 0 10709 0 159107 0 0 0 Part I, Line 3 Pacific Oaks College and Children's School, 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. A Illinois Finance Authority 861091967 2017-05-18 18400000 Purchase Facilities and Capital Expenditures 0 0 0 A 4453200 18400000 286819 18113181 0 0 1 1 A 0 0 0 0 0 0 1 A 0 1 0 0 1 0 0 0 1 A 1 Breeda McGrath President Settling in Loan X 90000 82116 0 1 1 82116 Form 990, Part VI, Section A, line 6 TCS Education System ("TCS ES") is the sole corporate member of Pacific Oaks College and Children's School ("POCCS"). 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 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) the Director of 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 member, 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. 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. Form 990, Part XI, line 9: Net unrealized gain on interest rate swap -344,824. The Colleges of Law 4475 Market Street Ventura CA 93003 952592468 Education CA 501(c)(3) Line 2 TCS Education System 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 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 1101 K Street NW Washington DC 20005 800477644 Education DC 501(c)(3) Line 2 The Chicago School - California Inc 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 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 1 0 0 1 0 0 1 0 0 0 Saybrook University J 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.