TY 2019 Form 990

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)	(E) Reportable compensation from related organizations (W-2/1099-MISC)
(1) JON WARD...................................................................... CO-PRESIDENT	5.00 .................	X	X		0	0	0
(2) DAN NERO...................................................................... CO-PRESIDENT	5.00 .................	X	X		0	0	0
(3) JEFF HAUSMAN...................................................................... VICE PRESIDENT	5.00 .................	X	X		0	0	0
(4) NELLIS FREEMAN...................................................................... CO-SECRETARY	5.00 .................	X	X		0	0	0
(5) STEPHANIE KING...................................................................... CO-SECRETARY	5.00 .................	X	X		0	0	0
(6) ANDREW LEONARD...................................................................... TREASURER	40.00 .................	X	X		0	0	0
(7) NATHAN WALKER...................................................................... DIRECTOR	5.00 .................	X			0	0	0
(8) COLLEEN GORMLEY...................................................................... DIRECTOR	5.00 .................	X			0	0	0
(9) SUSAN STARK...................................................................... DIRECTOR	5.00 .................	X			0	0	0
(10) JESSICA SCHROEDER...................................................................... GENERAL MANAGER	40.00 .................		X		136,620	0	4,039
(11) MARK HANNA...................................................................... CO TENNIS DIRECTOR	40.00 .................			X	119,273	0	9,944
(12) MATTHEW SCHUBERT...................................................................... ASST. GENERAL MANAGER	40.00 .................			X	113,222	0	3,355
(13) PAMELA FIELDS...................................................................... F&B DIRECTOR	40.00 .................			X	105,046	0	9,141
(14) LILLIAN MCLNTYRE...................................................................... CLUB ACCOUNTANT	40.00 .................			X	111,080	0	16,582
(15) MILES BENTLEY...................................................................... CO TENNIS DIRECTOR	40.00 .................			X	110,751	0	9,804

(A)
Name and title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W-2/1099-MISC)

(E)
Reportable compensation from related organizations (W-2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(1) JON WARD......................................................................
CO-PRESIDENT

5.00
.................

(2) DAN NERO......................................................................
CO-PRESIDENT

5.00
.................

(3) JEFF HAUSMAN......................................................................
VICE PRESIDENT

5.00
.................

(4) NELLIS FREEMAN......................................................................
CO-SECRETARY

5.00
.................

(5) STEPHANIE KING......................................................................
CO-SECRETARY

5.00
.................

(6) ANDREW LEONARD......................................................................
TREASURER

40.00
.................

(7) NATHAN WALKER......................................................................
DIRECTOR

5.00
.................

(8) COLLEEN GORMLEY......................................................................
DIRECTOR

5.00
.................

(9) SUSAN STARK......................................................................
DIRECTOR

5.00
.................

(10) JESSICA SCHROEDER......................................................................
GENERAL MANAGER

40.00
.................

136,620

4,039

(11) MARK HANNA......................................................................
CO TENNIS DIRECTOR

40.00
.................

119,273

9,944

(12) MATTHEW SCHUBERT......................................................................
ASST. GENERAL MANAGER

40.00
.................

113,222

3,355

(13) PAMELA FIELDS......................................................................
F&B DIRECTOR

40.00
.................

105,046

9,141

(14) LILLIAN MCLNTYRE......................................................................
CLUB ACCOUNTANT

40.00
.................

111,080

16,582

(15) MILES BENTLEY......................................................................
CO TENNIS DIRECTOR

40.00
.................

110,751

9,804

(A)
Name and title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W-2/1099-MISC)

(E)
Reportable compensation from related organizations (W-2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(A)
Name and business address

(B)
Description of services

Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet

	(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ........


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after 7/25/06, and not on a historic structure listed in the National Register ...	2d


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

1.(a) Description of liability	(b) Book value
(1) Federal income taxes
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	170,053
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......	1	3,811,357
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ............	2d	432,408
e	Add lines 2a through 2d .....................	2e	432,408
3	Subtract line 2e from line 1..................	3	3,378,949
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b....................	4c	0
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......	5	3,378,949

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........	1	4,191,683
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ............	2d	432,408
e	Add lines 2a through 2d....................	2e	432,408
3	Subtract line 2e from line 1...................	3	3,759,275
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ............	4b
c	Add lines 4a and 4b.....................	4c	0
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......	5	3,759,275

Return Reference	Explanation
PART X, LINE 2:	THE CLUB ACCOUNTS FOR INCOME TAXES IN ACCORDANCE WITH ASC 740-10-25, RECOGNITION OF INCOME TAXES, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE CLUB'S FINANCIAL STATEMENTS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. ASC 740-10-25 ALSO PROVIDES GUIDANCE ON DERECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE CLUB DID NOT HAVE UNRECOGNIZED TAX BENEFITS AS OF SEPTEMBER 30, 2020 AND DOES NOT EXPECT THIS TO CHANGE SIGNIFICANTLY OVER THE NEXT 12 MONTHS. IN CONNECTION WITH THE ADOPTION OF ASC 740-10-25, THE CLUB WILL RECOGNIZE INTEREST AND PENALTIES ACCRUED ON ANY UNRECOGNIZED TAX BENEFITS AS A COMPONENT OF INCOME TAX EXPENSE. AS OF SEPTEMBER 30, 2020, THE CLUB BELIEVES THAT THERE ARE NO INTEREST OR PENALTIES TO ACCRUE RELATED TO UNCERTAIN TAX POSITIONS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	COST OF GOODS SOLD
PART XII, LINE 2D - OTHER ADJUSTMENTS:	COST OF GOODS SOLD
SCHEDULE D - GENERAL	THE CLUB IS EXEMPT FROM TAXATION ON ITS NONPROFIT ACTIVITY OF PROVIDING TENNIS AND RELATED RECREATION TO ITS MEMBERS UNDER INTERNAL REVENUE CODE SECTION 501(C)(7) AND CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701(G). THE CLUB IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT ACTIVITIES. THE U.S. SUPREME COURT RULED THAT IN MOST CASES, INVESTMENT INCOME IS NOT RELATED TO A CLUB'S EXEMPT FUNCTION; THEREFORE, IT IS SUBJECT TO INCOME TAX. THE CLUB DID NOT INCUR INCOME TAX EXPENSE FOR THE YEARS ENDED SEPTEMBER 30, 2020 AND 2019.

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2019

Open to Public
Inspection

Name of the organization

UNIVERSITY CLUB OF PALO ALTO

Employer identification number

94-1399755

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 6	MEMBERS OF THE CLUB
FORM 990, PART VI, SECTION A, LINE 7A	ALL EQUITY MEMBERS HAVE TWO VOTES
FORM 990, PART VI, SECTION A, LINE 7B	APPROVAL BY THE EQUITY MEMBERS OF THE CLUB IS REQUIRED FOR ALL CHANGES TO THE BY-LAWS.
FORM 990, PART VI, SECTION B, LINE 11B	THE CLUB PROVIDES COPIES OF THE FORM 990 TO BOARD MEMBERS. THE CONTROLLER & THE TREASURER REVIEW AND THEN SIGN AND SUBMIT FORM 990.
FORM 990, PART VI, SECTION B, LINE 12C	CONFLICT OF INTEREST POLICY: UNIVERSITY CLUB OF PALO ALTO IS CONCERNED WITH CONFLICTS OF INTEREST THAT CREATE ACTUAL OR POTENTIAL JOB RELATED CONCERNS, ESPECIALLY IN THE AREAS OF CONFIDENTIALITY, CUSTOMER RELATIONS, SAFETY, SECURITY, AND MORALE. ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST BETWEEN AN EMPLOYEE OF UCPA AND A COMPETITOR, SUPPLIER, DISTRIBUTOR, OR CONTRACTOR TO UCPA, MUST BE DISCLOSED BY THE EMPLOYEE TO HUMAN RESOURCES. IF AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST IS DETERMINED TO EXIST, UCPA WILL TAKE SUCH STEPS AS IT DEEMS NECESSARY TO REDUCE OR ELIMINATE THIS CONFLICT. OUTSIDE EMPLOYMENT WHICH CREATES A CONFLICT OF INTEREST OR WHICH AFFECTS THE QUALITY OR VALUE OF YOUR WORK PERFORMANCE OR AVAILABILITY AT UCPA IS PROHIBITED. UCPA RECOGNIZES THAT EMPLOYEES MAY SEEK ADDITIONAL EMPLOYMENT DURING OFF HOURS, BUT EXPECTS, IN THESE CASES, THAT ANY OUTSIDE EMPLOYMENT WILL NOT AFFECT JOB PERFORMANCE, WORK HOURS, OR SCHEDULING, OR OTHERWISE ADVERSELY AFFECT THE EMPLOYEE'S ABILITY TO EFFECTIVELY PERFORM HIS OR HER DUTIES. ANY CONFLICTS SHOULD BE REPORTED TO YOUR SUPERVISOR. FAILURE TO ADHERE TO THIS POLICY MAY RESULT IN DISCIPLINE UP TO AND INCLUDING TERMINATION.
FORM 990, PART VI, SECTION B, LINE 15	OFFICERS AND KEY EMPLOYEES' COMPENSATIONS ARE REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS AND COMPARED TO ANNUAL DATA REQUESTED FROM LOCAL CLUBS.
FORM 990, PART VI, SECTION C, LINE 19	ALL GOVERNING DOCUMENTS, POLICY STATEMENTS AND FINANCIAL STATEMENTS ARE HELD BY THE CLUB'S GENERAL MANAGER AND CONTROLLER, WHO PRESENT THE DOCUMENTS UPON REQUEST.
FORM 990, PART IX, LINE 24E	INTERNET / WEB SERVICES 67,016. PROPERTY TAXES 64,739. EQUIPMENT RENTAL & MAINT 35,787. LANDSCAPING 30,914. EMPLOYEE MEALS 26,554. DINING ROOM EXPENSES 20,098. MARKETING EXPENSE 18,369. ENTERTAINMENT 17,365. MISCELLANEOUS 16,071. BANQUET EXPENSE 14,978. SWIMMING EXPENSES 12,033. WORKERS COMP 10,088. PROFESSIONAL SERVICES 9,813. BANK FEES 8,778. TELEPHONE 8,716. EDUCATION 8,362. TOURNAMENT EXPENSES 8,115. LICENSES AND PERMITS 7,890. DUES AND SUBSCRIPTIONS 7,099. PRINTING & COPYING 6,885. PAYROLL EXPENSE 6,444. DAY CAMP EXPENSE 5,115. POSTAGE 3,046. EMPLOYEE TRAVEL 2,933. UNIFORMS 2,241. SIGNAGE AND PAINTING EXPENSE 1,968. STATE INCOME TAX 65.
FORM 990, PART XI, LINE 9:	MEMBER'S EQUITY DISTRIBUTIONS -13,603. DONOR RESTRICTED CONTRIBUTIONS 129,382.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2019

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: TO PROVIDE SOCIAL AND RECREATIONAL BENEFITS TO CLUB MEMBERS.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	9
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	9
5	Total number of individuals employed in calendar year 2019 (Part V, line 2a) ......	5	104
6	Total number of volunteers (estimate if necessary) .............	6	48
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	282,773
b	Net unrelated business taxable income from Form 990-T, line 39 .........	7b	0

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	0	0
9	Program service revenue (Part VIII, line 2g) .........	2,476,375	2,492,614
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	-1,054	-89,172
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	1,412,422	975,507
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	3,887,743	3,378,949
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	0	0
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	2,415,662	2,219,021
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	1,863,877	1,540,254
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	4,279,539	3,759,275
19	Revenue less expenses. Subtract line 18 from line 12.......	-391,796	-380,326
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	6,631,772	6,180,069
21	Total liabilities (Part X, line 26).............	2,157,939	1,970,783
22	Net assets or fund balances. Subtract line 21 from line 20.....	4,473,833	4,209,286

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 3,759,275 including grants of $ ) (Revenue $ 3,096,176 )
	TO PROVIDE SOCIAL AND RECREATIONAL PROGRAMS FOR CLUB MEMBERS.

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses3,759,275

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	695,992	0	52,865

(A) Name and business address	(B) Description of services	(C) Compensation





2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 0

1a	Federated campaigns..	1a
b	Membership dues..	1b
c	Fundraising events..	1c
d	Related organizations	1d
e	Government grants (contributions)	1e

f	All other contributions, gifts, grants, and similar amounts not included above	1f

g	Noncash contributions included in lines 1a - 1f:$	1g

h Total. Add lines 1a-1f.......

		Business Code
2a	MEM DUES & ASSESSMENTS-REL/EXEMPT	713940	1,810,911	1,810,911	0
b	TENNIS REVENUE	713940	407,886	340,689	67,197
c	AQUATICS REVENUE	713940	139,720	123,035	16,685
d	FITNESS ROOM AND DAY CAMP	713940	134,097	41,139	92,958
e
f	All other program service revenue.
g	Total. Add lines 2a–2f .....		2,492,614

3 Investment income (including dividends, interest, and othersimilar amounts) ......
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
		(ii) Personal	(i) Real
6a	Gross rents			6a
b	Less: rental expenses			6b
c	Rental income or (loss)			6c
d	Net rental income or (loss).......
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory			7a
b	Less: cost or other basis and sales expenses	89,172		7b
c	Gain or (loss)	-89,172		7c
d	Net gain or (loss).........			-89,172	-89,172
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
			8a
b	Less: direct expenses ...		8b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a
b	Less: direct expenses ...		9b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
			10a	1,154,734
b	Less: cost of goods sold ..		10b	432,408
c	Net income or (loss) from sales of inventory..			722,326	616,393	105,933
Business Code			Miscellaneous Revenue
11a	PAYROLL TAX CREDIT		900099	193,781	193,781
b	TRANSFER FEES		713940	59,400	59,400
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......			253,181
12	Total revenue. See instructions.....			3,378,949	3,096,176	282,773	0

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ...........
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............
4	Benefits paid to or for members .......
5	Compensation of current officers, directors, trustees, and key employees ...........	285,997
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........
7	Other salaries and wages........	1,590,226
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	28,119
9	Other employee benefits .......	149,926
10	Payroll taxes ...........	164,753
11	Fees for services (non-employees):
a	Management ......
b	Legal .........	17,055
c	Accounting ...........	32,692
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)
12	Advertising and promotion ....
13	Office expenses .......
14	Information technology ......
15	Royalties ..
16	Occupancy ...........
17	Travel ............
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....	4,366
20	Interest ...........	70,993
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	506,353
23	Insurance ...
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	UTILITIES	217,125
b	REPAIRS & MAINTENANCE	107,565
c	INSURANCE	81,716
d	SUPPLIES	80,907
e	All other expenses	421,482
25	Total functional expenses. Add lines 1 through 24e	3,759,275
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

1	Cash–non-interest-bearing ........			230,065	1	192,486
2	Savings and temporary cash investments .........				2
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............			421,702	4	380,957
5	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
					6
7	Notes and loans receivable, net ...........				7
8	Inventories for sale or use ............			74,810	8	62,710
9	Prepaid expenses and deferred charges ......			57,502	9	56,851
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	10,932,901
b	Less: accumulated depreciation	10b	5,657,626	5,829,374	10c	5,275,275
11	Investments—publicly traded securities .				11
12	Investments—other securities. See Part IV, line 11 .....				12
13	Investments—program-related. See Part IV, line 11 ..				13
14	Intangible assets ...............				14
15	Other assets. See Part IV, line 11 ...........			18,319	15	211,790
16	Total assets. Add lines 1 through 15 (must equal line 33)...			6,631,772	16	6,180,069

17	Accounts payable and accrued expenses .....	361,993	17	247,033
18	Grants payable ...		18
19	Deferred revenue .........		19
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
			22
23	Secured mortgages and notes payable to unrelated third parties ..	1,600,200	23	1,553,697
24	Unsecured notes and loans payable to unrelated third parties ..		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D	195,746	25	170,053
26	Total liabilities. Add lines 17 through 25..	2,157,939	26	1,970,783

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........	4,473,833	27	4,169,919
28	Net assets with donor restrictions ...........		28	39,367
	Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.
29	Capital stock or trust principal, or current funds .....		29
30	Paid-in or capital surplus, or land, building or equipment fund ...		30
31	Retained earnings, endowment, accumulated income, or other funds		31
32	Total net assets or fund balances ...........	4,473,833	32	4,209,286
33	Total liabilities and net assets/fund balances ........	6,631,772	33	6,180,069

1a	Beginning of year balance ....
b	Contributions ...
c	Net investment earnings, gains, and losses
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...
f	Administrative expenses ....
g	End of year balance ......

1a	Land .....
b	Buildings ....	6,357,745	3,019,310	3,338,435
c	Leasehold improvements	1,646,885	1,240,445	406,440
d	Equipment ....	2,928,271	1,397,871	1,530,400
e	Other .....
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				5,275,275

(a) Description of security or category (including name of security)	(b) Book value	(c) Method of valuation: Cost or end-of-year market value
(1) Financial derivatives.........
(2) Closely-held equity interests........
(3)Other
(B)
(C)
(D)
(E)
(F)
(G)
(H)
(I)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)