MARSHALL B KETCHUM UNIVERSITY Charity Report

Public IRS 990 nonprofit record

MARSHALL B KETCHUM UNIVERSITY

EIN 95-1644593 · Education (B500)

What they do

THE MISSION of MARSHALL B. KETCHUM UNIVERSITY (MBKU) is to EDUCATE CARING, INSPIRED HEALTH CARE PROFESSIONALS WHO ARE PREPARED to DELIVER COLLABORATIVE, PATIENT-CENTRIC HEALTHCARE IN AN INTERPROFESSIONAL ENVIRONMENT. MBKU is HOME to THE SOUTHERN CALIFORNIA COLLEGE of OPTOMETRY, THE SCHOOL of PHYSICIAN ASSISTANT STUDIES, and THE COLLEGE of PHARMACY. THE SOUTHERN CALIFORNIA COLLEGE of OPTOMETRY CONFERS A DOCTOR of OPTOMETRY and A MASTER of SCIENCE IN VISION SCIENCE DEGREE. THE SCHOOL of PA STUDIES AWARDS A MASTER of MEDICAL SCIENCES DEGREE, and THE COLLEGE of PHARMACY AWARDS A DOCTOR of PHARMACY DEGREE. MBKU OWNS and OPERATES TWO HEALTHCARE CENTERS: KETCHUM HEALTH IN ANAHEIM and THE UNIVERSITY EYE CENTER IN LOS ANGELES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $83.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders25 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

44.19%of revenue went to mission work83.7% of expenses · Program services

0.89%of revenue went to fundraising1.7% of expenses

$52.81spent for every $100 of revenueRevenue covered expenses this year.

7.73%of revenue went to management and office costs14.6% of expenses

$3.50in assets for every $1 spent this yearSome assets cannot be spent right away.

2.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $590,570 for DR JULIE SCHORNACK (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$82,867,618

Mission workProgram services$36,621,59144.19% of revenue83.7% of expenses

ManagementOffice and general costs$6,404,0637.73% of revenue14.6% of expenses

FundraisingAsking for donations$739,2760.89% of revenue1.7% of expenses

Revenue left after expensesReported annual surplus$39,102,68847.19% of revenueShown in gray on the chart

Total expenses$43,764,93052.81% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 83.7% mission · 14.6% management · 1.7% fundraisingTotal expenses: 52.81% of revenue

2023Expense mix: 78.8% mission · 19.5% management · 1.7% fundraisingTotal expenses: 94.20% of revenue

2022Expense mix: 78.9% mission · 19.5% management · 1.7% fundraisingTotal expenses: 93.20% of revenue

2021Expense mix: 75.9% mission · 22.5% management · 1.6% fundraisingTotal expenses: 94.90% of revenue

2020Expense mix: 73.2% mission · 25.3% management · 1.5% fundraisingTotal expenses: 82.83% of revenue

2019Expense mix: 71.3% mission · 27.2% management · 1.5% fundraisingTotal expenses: 92.30% of revenue

2018Expense mix: 67.9% mission · 30.3% management · 1.8% fundraisingTotal expenses: 98.29% of revenue

2017Expense mix: 68.3% mission · 30.1% management · 1.6% fundraisingTotal expenses: 103.28% of revenue

Money in and money out

Revenue$82,867,618

Expenses$43,764,930

Annual surplus $39,102,688 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$36,621,591 · 83.7% of expenses

Management and office costs$6,404,063 · 14.6% of expenses

Fundraising$739,276 · 1.7% of expenses

See all reported dollar amounts

Revenue$82,867,618

Expenses$43,764,930

Assets$153,378,861

Income$84,950,058

Contributions$1,937,909

Mission work (program services)$36,621,591

Fundraising$739,276

Management and general$6,404,063

Stocks and bonds$66,968,744

Accounting fees$136,944

Investing fees$51,440

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

DR JULIE SCHORNACKPRESIDENT · 40 hrs/week $590,570Base $480,022 · Other $110,548

JUDY ORTIZVICE PRESIDENT FOR ACADEMIC AFFAIRS · 40 hrs/week $355,466Base $310,556 · Other $44,910

ERIC BORSTINGDEAN OF SCCO · 40 hrs/week $341,952Base $298,490 · Other $43,462

MR FRANK J SCOTTICFO/SVP ADMIN & FINANCE (THRU 1/25) · 20 hrs/week $327,350Base $286,402 · Other $40,948

KEVIN ALEXANDERPRESIDENT EMERITUS · 4 hrs/week $324,500

MARK NAKANOASSOCIATE DEAN OF CLINICS · 40 hrs/week $260,159Base $227,957 · Other $32,202

JAVAD TAFRESHI EXECUTIVEASSOC. DEAN FOR ACADEMIC AFFAIRS · 40 hrs/week $240,638Base $210,538 · Other $30,100

MONICA TRIVEDIDEAN OF CLINICAL AFFAIRS & COMMUNITY OUTREAC · 40 hrs/week $234,784Base $205,392 · Other $29,392

SUSAN COTTERPROFESSOR, VISION THERAPY · 40 hrs/week $234,700Base $203,366 · Other $31,334

CARMEN BARNHARDTVICE PRESIDENT FOR STUDENT SERVICES · 40 hrs/week $221,316Base $195,476 · Other $25,840

JOAN RUBIOVP FOR UNIVERSITY ADVANCEMENT · 40 hrs/week $219,441Base $192,639 · Other $26,802

WENDELYN HOLTZENVICE PRESIDENT FOR HUMAN RESOURCES · 40 hrs/week $216,010Base $188,484 · Other $27,526

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (25)

DR JULIE SCHORNACKPRESIDENT

JUDY ORTIZVICE PRESIDENT FOR ACADEMIC AFFAIRS

ERIC BORSTINGDEAN OF SCCO

MR FRANK J SCOTTICFO/SVP ADMIN & FINANCE (THRU 1/25)

KEVIN ALEXANDERPRESIDENT EMERITUS

MARK NAKANOASSOCIATE DEAN OF CLINICS

JAVAD TAFRESHI EXECUTIVEASSOC. DEAN FOR ACADEMIC AFFAIRS

MONICA TRIVEDIDEAN OF CLINICAL AFFAIRS & COMMUNITY OUTREAC

SUSAN COTTERPROFESSOR, VISION THERAPY

CARMEN BARNHARDTVICE PRESIDENT FOR STUDENT SERVICES

JOAN RUBIOVP FOR UNIVERSITY ADVANCEMENT

WENDELYN HOLTZENVICE PRESIDENT FOR HUMAN RESOURCES

LORI JACKLINVP ADMIN & FINANCE, CFO (FROM 1/25)

MS GAYE BREYMANTRUSTEE

DR WYNETTE C AUGUSTINETRUSTEE

DR ROBERT MCCOYTRUSTEE

MR BENJAMIN KASKATRUSTEE

MR DAVID K GIBSONSECRETARY/TREASURER

MR EDWARD HERNANDEZTRUSTEE

DR RAY M BAKERCHAIRMAN

MR GENE CALKINSTRUSTEE

MS HILARY HAWTHORNETRUSTEE

MS PATRICIA NGUYENTRUSTEE

DR LYNN CAFFREY GABRIELTRUSTEE

DR CINDY BLANCQVICE CHAIRMAN

About this charity

Recognized since: January 1954
Location: 2575 YORBA LINDA BLVD, FULLERTON, CA 92831
County: Orange
In care of: LORI JACKLIN
Primary officer: LORI JACKLIN, VP ADMIN & FINANCE, CFO

How to reach them

WebsiteVisit the charity’s website Phone(714) 449-7400

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: BAKER TILLY ADVISORY GROUP LP
NTEE classification: Education (B500)