2024-11-14T12:25:31-06:00 2023-12-31 952695134 LEIBA & BOWERS CPAS 343 EAST MAIN STREET SUITE 815 STOCKTON CA 95202 990 2023-01-01 930999148 YO SAN UNIVERSITY OF TRADITIONAL CHINESE MEDICINE YOSA 3105773000 13315 W WASHINGTON BLVD LOS ANGELES CA 90066 SUM-YEE WANG ACTING CFO 3105773000 2024-11-12 1 0 NED LEIBA P00434056 2099489119 2024-11-11 2023 2024-10-15 13:58:12Z SUM-YEE WANG 13315 W WASHINGTON BLVD LOS ANGELES CA 90066 3382424 0 X WWW.YOSAN.EDU X 1989 CA EDUCATES STUDENTS TO BECOME EXCEPTIONAL PRACTITIONERS OF TRADITIONAL CHINESE MEDICINE AND THE TAOIST HEALING ARTS. THE SCHOOL FACILITATES THE DEVELOPMENT OF STUDENTS' SPIRITUAL AND PROFESSIONAL GROWTH AND PROVIDES THE COMMUNITY WITH AN INTEGRATIVE MEDICAL CARE MODEL AND SERVICES. 12 9 114 0 0 0 204508 362729 2711831 2413250 -52418 28956 1582 3798 2865503 2808733 0 0 0 0 1861923 1916590 0 0 0 1291251 1375682 3153174 3292272 -287671 -483539 4743274 4204590 1965544 1246461 2777730 2958129 X YO SAN UNIVERSITY, A NON-PROFIT ORGANIZATION, EDUCATES STUDENTS TO BECOME EXCEPTIONAL PRACTITIONERS OF TRADITIONAL CHINESE MEDICINE AND THE TAOIST HEALING ARTS. THE SCHOOL FACILITATES THE DEVELOPMENT OF STUDENTS' SPIRITUAL AND PROFESSIONAL GROWTH AND PROVIDES THE COMMUNITY WITH AN INTEGRATIVE MEDICAL CARE MODEL AND SERVICES. 0 0 2246953 2398659 THE UNIVERSITY OFFERS A FOUR-YEAR PROGRAM LEADING TO THE DEGREE OF MASTER OF ACUPUNCTURE AND CHINESE HERBAL MEDICINE (MACCHM), DOCTOR OF ACUPUNCTURE AND CHINESE HERBAL MEDICINE (DACCHM) AND A TWO-YEAR POST-GRADUATE PROGRAM DOCTOR OF ACCUPUNCTURE AND ORIENTAL MEDICINE (DAOM). ALSO, SPONSORS SEMINARS AND WORKSHOPS IN RELATED FIELDS. IT HAS A STUDENT BODY OF APPROXIMATELY 136 IN 2023. YO SAN UNIVERSITY CONDUCTS A PROGRAM OF CONTINUING EDUCATION TO PROMOTE ADVANCEMENT OF THE TRADITIONAL CHINESE MEDICAL PROFESSION. THE UNIVERSITY OPERATES AN ACUPUNCTURE CLINIC THAT PROVIDES ITS STUDENTS WITH THE OPPORTUNITY TO EARN THEIR REQUIRED HOURS OF INTERNSHIP AND TO PROVIDE THE PUBLIC WITH LOW COST HEALTH SERVICES. 2246953 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 1 14 0 114 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 X 12 9 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 CA X SUM-YEE WANG 3105773000 13315 W WASHINGTON BLVD LOS ANGELES CA 90066 PHILLIP CHRISTMAN TRUSTEE, TREASURER 1.00 X 0 0 0 CYNTHIA AMBRES TRUSTEE 1.00 X 0 0 0 DAPHNE HSIAO TRUSTEE 1.00 X 0 0 0 SUM-YEE WANG TRUSTEE 1.00 X 0 0 0 MAOSHING NI CO-FOUNDER, TRUSTEE, INTER 1.00 X 0 0 0 JAMES TUGGLE TRUSTEE 1.00 X 0 0 0 MARGO DELEAVER MD TRUSTEE 1.00 X 0 0 0 DAOSHING NI CO-FOUNDER, TRUSTEE 1.00 X 0 0 0 SIMON RUBIN TRUSTEE 1.00 X 0 0 0 LAUREN STOMEL TRUSTEE, BOARD CHAIR 1.00 X 0 0 0 TOSHINO YUHAKU TRUSTEE 1.00 X 0 0 0 REBEKAH FRUSHTICK TRUSTEE 1.00 X 0 0 0 ROBERT HOFFMAN CEO 40.00 X 151099 0 0 151099 0 0 1 1 1 1 0 181783 180946 362729 TUITION & FEES 611710 1238228 1238228 CLINIC FEES 611710 1086778 1086778 CONTINUING EDUCATION P 611710 86410 86410 MISC EDUCATION REVENUE 611710 1834 1834 2413250 45902 45902 8268 0 8268 8268 8268 539313 556259 -16946 -16946 -16946 0 181783 6825 -6825 -6825 12962 10607 2355 2355 2808733 2398659 0 47345 151098 151098 1589102 1277042 312060 39044 29318 9726 137346 102850 34496 20378 20378 22784 22784 18905 1266 17639 139398 111721 27677 45066 1600 43466 602152 547958 54194 28274 28274 4125 4125 34744 20846 13898 59256 7300 51956 OUTSIDE SERVICES 128372 44444 83928 SETTLEMENT 92081 92081 DUES AND MEMBERSHIPS 50269 39385 10884 EDUCATION 47047 47047 82831 16176 66655 3292272 2246953 1045319 0 21688 210299 59354 62114 35359 16894 21248 23382 50116 21125 1136140 1006918 136522 129222 2300080 2808930 2118907 932624 4743274 4204590 302362 163837 150000 150000 1513182 932624 1965544 1246461 X 2587167 2760634 190563 197495 2777730 2958129 4743274 4204590 X -483539 699539 -35600 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 57050 57050 56050 1000 57050 56050 56050 56050 56050 55050 1000 56050 0 0 320643 243736 76907 544398 510642 33756 271100 252541 18559 129222 LEASE RIGHT-OF-USE ASSET 932624 932624 LEASE RIGHT-OF-USE ASSET LIABILITY 932624 932624 3525606 699539 17335 716874 2808732 0 2808732 3345207 52934 52934 3292273 0 3292273 PART V, LINE 4: SCHOLARSHIPS PART XI, LINE 2D - OTHER ADJUSTMENTS: UNCOLLECTIBLE ACCOUNTS AND OTHER ADJUSTEMENTS 17,335. PART XII, LINE 2D - OTHER ADJUSTMENTS: UNCOLLECTIBLE ACCOUNTS AND OTHER ADJUSTEMENTS 52,934. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 6 THE UNIVERSITY OFFERS FINANCIAL AID TO QUALIFIED GRADUATE STUDENTS. ACCORDINGLY, THE FINANCIAL STATEMENTS OF THE UNIVERSITY WAS AUDITED IN ACCORDANCE WITH AUDITING STANDARDS GENERALLY ACCEPTED IN THE USA AND WITH STANDARDS APPLICABLE TO FINANCIAL AUDITS IN GOVERNMENT AUDITING STANDARDS, ISSUED BY THE CONTROLLER GENERAL OF THE UNITED STATES OF AMERICA, THE REQUIREMENTS OF TITLE 2 U.S. CODE OF FEDERAL REGULATIONS PART 200 SUBPART F, UNIFORM ADMINISTRATIVE REQUIREMENTS, COSTS PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS (UNIFORM GUIDANCE) ANNUAL FUND DRIVE 181783 181783 3844 2981 181783 181783 3844 2981 6825 -6825 X 0 0 0 0 0 0 0 0 0 ROBERT HOFFMAN CEO 106568 0 30048 0 14483 0 0 0 0 0 151099 0 0 0 PART I, LINE 3 THE PRESIDENT'S COMPENSATION IS SUBJECT TO REVIEW AND APPROVAL BY THE BOARD OF TRUSTEES. MERIDIAN SPRING LLC THREE MEMBERS OF MERIDIAN SPRING, LLC ARE TRUSTEES FOR YO SAN UNIVERSITY. 590028 RENT OF CAMPUS FACILITIES 0 FORM 990, PART VI, SECTION A, LINE 2 THE BOARD OF TRUSTEES REVIEWS THE AUDITED FINANCIAL STATEMENTS AND FORM 990 BEFORE IT IS FILED THROUGH THE UNIVERSITY'S CHIEF FINANCIAL OFFICER. FORM 990, PART VI, SECTION A, LINE 2 SUM-YEE WANG, CFO/TRUSTEE IS DAOSHING NI'S (CO-FOUNDER) WIFE. ALSO, DAOSHING NI AND MAOSHING NI (CO-FOUNDER, TRUSTEE) ARE BROTHERS. FORM 990, PART VI, SECTION A, LINE 8B ALL ACTIONS OF THE BOARD OF TRUSTEES ARE DOCUMENTED IN THE BOARD'S MINUTES OF MEETING. THE BOARD OF TRUSTEES IS THE GOVERNING BODY OF THE UNIVERSITY. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF TRUSTEES REVIEWS THE AUDITED FINANCIAL STATEMENTS AND FORM 990 BEFORE IT IS FILED THROUGH THE UNIVERSITY'S CHIEF FINANCIAL OFFICER/TRUSTEE. FORM 990, PART VI, SECTION B, LINE 12C EACH MEMBER OF THE BOARD OF TRUSTEES FILLS OUT A DISCLOSURE FORM EVERY YEAR. ANY POTENTIAL CONFLICT OF INTEREST IS DISCUSSED AND EVALUATED DURING THE MEETINGS OF THE BOARD OF TRUSTEES WITH THE CONCERNED MEMBER IS ASKED TO LEAVE THE MEETING TEMPORARILY WHILE THE REMAINING MEMBERS DELIBERATE THE ISSUE. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF TRUSTEES IS RESPONSIBLE FOR APPOINTING THE PRESIDENT WHO SERVES AS A LIAISON BETWEEN THE BOARD AND THE UNIVERSITY. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIALS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART XI, LINE 9: PROVISION FOR UNCOLLECTIBLE ACCOUNTS -35,600. PART XII, LINE 2C THE CFO REVIEWS THE FINANCIAL STATEMENTS, AND IF OKAY THE FINANCIAL STATEMENTS IS PROVIDED TO THE BOARD OF TRUSTEES FOR FINAL REVIEW AND APPROVAL MERIDIAN SPRING LLC 13315 WASHINGTON BLVD LOS ANGELES CA 90066 RENTAL OF FACILITIES CA 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 MERIDIAN SPRINGLLC K 590028 CASH