2024-11-07T11:36:24-06:00 2023-12-31 251701013 MCCLINTOCK & ASSOCIATES 1370 WASHINGTON PIKE BRIDGEVILLE PA 15017 990 2023-01-01 200391373 AMERICAN CENTER FOR CONFLICT RESOLUTION INSTITUTE INC AMER 8005170857 2231 NORTH TAYLOR ROAD CLEVELAND OH 44112 TANYA HAGGINS PRESIDENT 8005170857 2024-11-07 1 1 MICHAEL D SHIPMAN CPA P01424550 4122575980 2024-11-07 2023 2024-10-15 13:58:12Z LAKEWOOD UNIVERSITY TANYA HAGGINS 2231 NORTH TAYLOR ROAD CLEVELAND HEIGHTS OH 44112 3325067 0 X LAKEWOOD.EDU X 2004 OH THE PURPOSE OF LAKEWOOD, A NOT FOR PROFIT 501(C)(3) INSTITUTION, IS TO IMPROVE THE QUALITY OF LIFE OF OUR STUDENTS BY PROVIDING EXCELLENT, AFFORDABLE, AND IN-DEMAND EDUCATIONAL PROGRAMS USING VARIOUS DISTANCE LEARNING METHODS. 6 6 31 0 0 0 0 0 4029561 3324149 0 0 137 918 4029698 3325067 0 441976 0 0 932117 1983618 0 0 0 2285870 1500128 3217987 3925722 811711 -600655 2802487 1071944 1006997 839657 1795490 232287 THE PURPOSE OF LAKEWOOD, A NOT FOR PROFIT 501(C)(3) INSTITUTION, IS TO IMPROVE THE QUALITY OF LIFE OF OUR STUDENTS BY PROVIDING EXCELLENT, AFFORDABLE, AND IN-DEMAND EDUCATIONAL PROGRAMS USING VARIOUS DISTANCE LEARNING METHODS. 0 0 1522656 441976 3325067 ALL TRAINING IS WEB-BASED. WE PROVIDED TRAINING TO APPROXIMATELY 1500 STUDENTS FROM ACADEMIC AND PROFESSIONAL COMMUNITIES. 1522656 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 43 0 1 31 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 1 1 0 X TANYA HAGGINS 8005170857 2231 NORTH TAYLOR ROAD CLEVELAND HEIGHTS OH 44112 DAKOTA KING-WHITE SECRETARY 1.00 X X 0 0 0 JEROME LEADS CHAIRMAN 1.00 X X 0 0 0 CLIFTON ROBERTS TREASURER 1.00 X X 0 0 0 NICHOLAS STRATAS VICE CHAIR 1.00 X X 0 0 0 TANYA HAGGINS PRESIDENT 40.00 X X 190688 0 19856 FREYJA HARRIS MEMBER AT LARGE 1.00 X 0 0 0 AKANKSHA RAY MEMBER AT LARGE 1.00 X 0 0 0 ISAAC HAGGINS JR SR. VP OF BUSINESS DEVELOPMENT 40.00 X 101786 0 7955 JAMES E GEPPERTH SR. VP OF ACADEMICS / DEAN 40.00 X 100001 0 0 ANTHONY NATHAL FORMER PRESIDENT 40.00 X 103676 0 3026 496151 0 30837 5 1 1 0 0 EDUCATION 611310 3324149 3324149 3324149 OTHER INCOME 999999 918 918 918 3325067 3325067 0 0 441976 441976 1805511 686094 1119417 80601 30628 49973 97506 37052 60454 59234 17770 41464 84552 25366 59186 35097 10529 24568 26956 8087 18869 356677 356677 40355 14468 25887 37086 18543 18543 12593 12593 29879 29879 16975 16975 13227 13227 BAD DEBT EXPENSE 451466 451466 BOOKS, DUES AND SUBSCRI 172633 81396 91237 COURSE DELIVERY EXPENSE 106634 106634 MISCELLANEOUS 51003 44113 6890 5761 5761 3925722 1522656 2403066 0 X 751623 620892 1647189 56541 622 2747 568695 176931 403053 391764 2802487 1071944 81983 340109 741245 349601 183769 149947 1006997 839657 X 0 232287 1795490 0 1795490 232287 2802487 1071944 -600655 -962548 0 X X 0 1 X 0 0 X 1.00000 381521 95750 285771 104518 23704 80814 82656 57477 25179 391764 LINE OF CREDIT 149947 149947 2883091 -441976 -441976 3325067 0 3325067 3483746 0 3483746 441976 441976 3925722 PART XI, LINE 2D - OTHER ADJUSTMENTS: GRANTS (TUITION WAIVERS) NETTED AGAINST PROGRAM SERVICE REVENUE -441,976. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANTS (TUITION WAIVERS) NETTED AGAINST PROGRAM SERVICE REVENUE 441,976. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE POLICY IS PUBLICIZED ON THE UNIVERSITY WEBSITE, AS WELL AS WITHIN THE COLLEGE CATALOG. 1 TUITION WAIVERS 105 441976 FMV IN LIEU OF PROVIDING CASH GRANTS FOR STUDENTS TO PAY THEIR TUITION, THE UNIVERSITY DIRECTLY WAIVED THE TUITION COSTS FOR ELIGIBLE STUDENTS. FORM 990, SCHEDULE I, PART I, LINE 2 REGARDING MONITORING OF THE USE OF GRANT FUNDS IN THE UNITED STATES, BECAUSE THESE GRANTS ARE PROVIDED IN THE FORM OF NON-CASH TUITION WAIVERS (WAIVING OF THE TUITION PRICE), THE ORGANIZATION IS ABLE TO MONITOR THEIR USE ON A STUDENT-BY-STUDENT BASIS. BECAUSE MONEY IS NOT BEING DISTRIBUTED TO THE RECIPIENTS, THE ORGANIZATION CAN DECIDE, ON A CASE-BY-CASE BASIS, THE AMOUNT OF TUITION REDUCTION AND WHEN SUCH REDUCTION (OR REVOCATION OF SUCH REDUCTION, IF NECESSARY) IS TO OCCUR. THE TWO GRANT AWARD PROGRAMS LAKEWOOD PROVIDE, AND THEIR ELIGIBILITY, ARE AS FOLLOWS: THE LORRAINE DOMINICK GRANT AWARD - TO BE ELIGIBLE FOR THIS GRANT, THE INDIVIDUAL: -MUST BE A STUDENT WITH A QUALIFIED MILITARY AFFILIATION. -THIS MILITARY-AFFILIATED STUDENT MUST HAVE EXHAUSTED ALL MILITARY, MONETARY EDUCATIONAL BENEFITS WITH THE DEPARTMENT OF VETERAN AFFAIRS, DEPARTMENT OF DEFENSE, OR DEPARTMENT OF HOMELAND SECURITY. -THE STUDENT MUST HAVE A REMAINING BALANCE ON THEIR STUDENT ACCOUNT. ONCE THE ADMISSIONS SPECIALIST HAS VERIFIED THAT THE TWO CONDITIONS HAVE BEEN MET, AND THE STUDENT HAS ENROLLED AT LAKEWOOD UNIVERSITY, THE QUALIFYING STUDENT WILL BE AWARDED THE GRANT ON A FIRST COME-FIRST-SERVED BASIS. THIS IS ALSO BASED ON THE AVAILABILITY OF FUNDING IN THE LORRAINE DOMINICK GRANT AWARD. THE ISAAC HAGGINS SR. GRANT PROGRAM - TO BE ELIGIBLE FOR THIS GRANT, THE INDIVIDUAL MUST HAVE A BALANCE NOT COVERED BY FINANCIAL AID AND MUST BE ENROLLED IN AN UNDERGRADUATE DEGREE PROGRAM OR NONDEGREE CERTIFICATE PROGRAM. ALSO, STUDENTS MUST BE PELL GRANT ELIGIBLE AND MEET THE BELOW CRITERIA: -MUST BE SEEKING AN EDUCATION WITH A "VULNERABLE STATUS" AS DEFINED BY THE U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES TO INCLUDE INDIVIDUALS WITH DISABILITIES WITH AN EFC OF 0 -OR- -MUST BE IN POVERTY (LOW SOCIOECONOMIC STATUS) WITH AN EFC OF 0 -OR- -MUST EXPERIENCE ADVERSE SITUATIONS (TO INCLUDE BUT NOT LIMITED TO CRIMINAL HISTORY CONCERNS) WITH AN EFC OF 0 -OR- -MUST BE FIRST-GENERATION HIGHER EDUCATION STUDENTS (A STUDENT WHO IS FIRST IN THEIR FAMILY (GENERATION) TO ATTEND UNIVERSITY) WITH AN EFC OF 0. X X X X 0 0 0 0 0 0 0 0 0 TANYA HAGGINS PRESIDENT 171488 0 0 0 19200 0 0 0 19856 0 210544 0 0 0 ANTHONY NATHAL FORMER PRESIDENT 78676 0 25000 0 0 0 2451 0 575 0 106702 0 0 0 PART I, LINE 3 PLEASE SEE THE SCHEDULE O EXPLANATION FOR 990 PART VI, SECTION B, LINE 15. TANYA HAGGINS PRESIDENT FROM 2018 TO 2020, THE UNIVERSITY HAD A GOVERNING BOARD-APPROVED CONTRACT WITH HIGHER EDUCATION NETWORK, LLC, WHICH IS OWNED BY TANYA HAGGINS. AS THIS IS A PAST CONTRACT (WITHIN THE LAST FIVE YEARS), THE AMOUNT OF THE CONTRACT IS AVAILABLE UPON REQUEST. 0 QUEEN LOVE FKA TRACIETTA WILBURN VP ADMISSIONS & MARKETING QUEEN LOVE (FORMERLY KNOWN AS TRACIETTA WILBURN BEFORE JULY 3, 2023 ) HAS BEEN EMPLOYED BY THE UNIVERSITY SINCE 2011. SHE IS THE OWNER OF EXTREME MARKETING UNLIMITED, LLC (EMU). THE UNIVERSITY ALSO HAD A SEPARATE AGREEMENT WITH EMU. UNDER THE AGREEMENT WITH EMU, MS. WILBURN PERFORMED WORK TO SECURE RELATIONSHIPS WITH WELL-KNOWN AND HIGH-PROFILE INDIVIDUALS FOR PROGRAM DEVELOPMENT AND TO ASSIST THE UNIVERSITY IN ESTABLISHING STRUCTURES TO ENSURE APPROPRIATE OPERATIONS.MS. WILBURN WAS COMPENSATED FOR HER WORK ON BEHALF OF THE UNIVERSITY THROUGH EMU AT AN HOURLY RATE ($132 PER HOUR). LAKEWOOD NOTES THAT, AS OF DECEMBER 31, 2022, IT BROUGHT THE SERVICES PREVIOUSLY PROVIDED BY EMU IN-HOUSE. THE RELATIONSHIP WITH EMU WAS TERMINATED AND MS. WILBURN WAS PROMOTED TO VICE PRESIDENT OF ADMISSIONS & MARKETING. GIVEN THESE ARE SERVICES PROVIDED WITHIN THE LAST FIVE YEARS, TOTAL TRANSACTION AMOUNTS ARE AVAILABLE UPON REQUEST. 0 FORM 990, PART VI, SECTION B, LINE 11B THE DIRECTOR PROVIDES A COPY OF THE COMPLETED FORM 990 AT THE NEXT MEETING. FORM 990, PART VI, SECTION B, LINE 15 AT LAKEWOOD UNIVERSITY, DETERMINING COMPENSATION FOR THE CEO, EXECUTIVE DIRECTOR, OTHER OFFICERS, AND KEY EMPLOYEES FOLLOWS A STRUCTURED PROCESS ROOTED IN THOROUGH RESEARCH AND ANALYSIS. HUMAN RESOURCES CONDUCTS AN EXTENSIVE COMPENSATION ANALYSIS FOR KEY PERSONNEL BY EXAMINING WAGES IN SIMILAR ROLES ACROSS NON-PROFIT UNIVERSITIES NATIONWIDE, WITH A PARTICULAR FOCUS ON COMPARABLE POSITIONS IN THEIR GEOGRAPHICAL AREA. THIS ANALYSIS ALIGNS WITH LAKEWOOD UNIVERSITY'S BUDGETARY CONSIDERATIONS, ENSURING FINANCIAL SUSTAINABILITY WHILE REMAINING COMPETITIVE. SPECIFICALLY, FOR THE CEO/EXECUTIVE DIRECTOR, THE COMPENSATION ANALYSIS REPORT IS PRESENTED TO THE GOVERNING BOARD. THE BOARD REVIEWS THE REPORT WITHIN THE CONTEXT OF ITS EVALUATION OF THE CEO'S PERFORMANCE AND ULTIMATELY DECIDES ON AN APPROPRIATE COMPENSATION PACKAGE. THE CEO OR EXECUTIVE DIRECTOR IS RESPONSIBLE FOR DETERMINING THE COMPENSATION FOR THE BROADER LEADERSHIP TEAM BASED ON THESE HR FINDINGS. TO ENHANCE ACCURACY, LAKEWOOD USES ADVANCED, PURPOSE-BUILT SOFTWARE FOR ITS COMPENSATION ANALYSIS. ADDITIONALLY, THE INTERNAL HR TEAM CONSULTS WITH HR SPECIALISTS FROM THEIR HR/PAYROLL PROVIDER, WHO ARE SPHR-CERTIFIED CONSULTANTS, ENSURING THAT BEST PRACTICES IN HUMAN RESOURCES ARE APPLIED TO THE PROCESS. CURRENTLY, NO WRITTEN EMPLOYMENT CONTRACT EXISTS FOR THE CEO/EXECUTIVE DIRECTOR, BUT THE BOARD RETAINS RESPONSIBILITY FOR APPROVING THE CEO'S COMPENSATION THROUGH DISCUSSION, VOTING, AND FORMAL APPROVAL. THIS STRUCTURE MAINTAINS TRANSPARENCY AND ACCOUNTABILITY WITHIN LAKEWOOD'S LEADERSHIP COMPENSATION FRAMEWORK FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST OF THE ORGANIZATION. FORM 990, PART X, LINE 28: THE PRIOR TAX PROVIDER STATED THAT $1,795,490 IN NET ASSETS WERE SUBJECT TO DONOR RESTRICTIONS. THE CURRENT TAX PROVIDER, IN CONJUNCTION WITH THE ORGANIZATION'S AUDITORS, HAS DETERMINED THAT THIS CLASSIFICATION WAS INAPPROPRIATE. AS SUCH, THE NET ASSET BALANCE AT 12/31/23 ($232,287)HAS BEEN RECLASSIFIED TO SHOW NO SUCH RESTRICTIONS ("NET ASSETS WITHOUT DONOR RESTRICTIONS"). FORM 990, PART XII, LINE 1: THE PRIOR ACCOUNTANT LISTED THE ORGANIZATION ON A CASH BASIS. PER THE AUDIT REPORT, LAKEWOOD UNIVERSITY MAINTAINS ITS BOOKS ON AN ACCRUAL BASIS, AND THIS BASIS IS UTILIZED FOR THE PREPARATION OF FORM 990.