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Nonprofiteer
← GOLDEN GATE UNIVERSITY

Form 990 for tax year 2024

Filed by GOLDEN GATE UNIVERSITY.

Totals

Total revenue
$48,222,617
Total expenses
$59,055,075
Contributions and grants received
$12,228,695
Grants paid
$5,588,338
Program service revenue
$34,306,675
Investment income
$1,572,061
Other revenue
$115,186
Total assets, end of year
$93,641,950
Total liabilities, end of year
$26,584,047
Net assets or fund balances, end of year
$67,057,903
Program services expenses (Part IX)
$41,627,217
Management and general expenses
$16,325,485
Fundraising expenses
$1,102,373
Program service expenses (Part III)
$41,627,217

Program services were 70.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $228,072

  • 1f · All other contributions, gifts and grants

    $12,000,623

  • 1g · Noncash contributions included above

    $26,360

  • 2a · Program service revenue: TUITION AND FEES

    total $34,306,675 · related or exempt $34,306,675

  • 3 · Investment income

    total $1,256,258 · excluded $1,256,258

  • 5 · Royalties

    total $2,957 · excluded $2,957

  • 6a · Gross rents

    real property $85,203

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $85,203

  • 6d · Net rental income or loss

    total $85,203 · excluded $85,203

  • 7a · Gross sales of assets other than inventory

    securities $11,941,572

  • 7b · Less cost or other basis and sales expenses

    securities $11,625,769

  • 7c · Gain or loss

    securities $315,803

  • 7d · Net gain or loss

    total $315,803 · excluded $315,803

  • 11a · Other revenue: SERVICE FEES

    total $5,643 · related or exempt $5,643

  • 11b · Other revenue: BOOKSTORE COMMISSION

    total $4,454 · related or exempt $4,454

  • 11c · Other revenue: VENDING MACHINE COMM.

    total $1,012 · related or exempt $1,012

  • 11d · All other revenue

    total $15,917 · related or exempt $15,917

  • 11e · Other revenue, total

    $27,026

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $5,555,393 · program services $5,555,393

  • 3 · Grants to foreign organizations and individuals

    total $32,945 · program services $32,945

  • 5 · Compensation of officers, directors and key employees

    total $2,001,402 · program services $870,034 · management and general $1,092,679 · fundraising $38,689

  • 7 · Other salaries and wages

    total $22,219,015 · program services $17,187,707 · management and general $4,504,666 · fundraising $526,642

  • 8 · Pension plan contributions

    total $990,283 · program services $753,400 · management and general $210,755 · fundraising $26,128

  • 9 · Other employee benefits

    total $3,101,833 · program services $2,173,743 · management and general $837,280 · fundraising $90,810

  • 10 · Payroll taxes

    total $1,770,864 · program services $1,340,897 · management and general $389,500 · fundraising $40,467

  • 11b · Fees: legal

    total $417,445 · program services $750 · management and general $416,695

  • 11c · Fees: accounting

    total $142,800 · management and general $142,800

  • 11f · Fees: investment management

    total $127,561 · management and general $127,561

  • 11g · Fees: other

    total $6,066,311 · program services $4,029,577 · management and general $1,958,610 · fundraising $78,124

  • 12 · Advertising and promotion

    total $1,539,135 · program services $1,504,542 · management and general $2,932 · fundraising $31,661

  • 13 · Office expenses

    total $215,781 · program services $72,914 · management and general $136,428 · fundraising $6,439

  • 14 · Information technology

    total $2,607,231 · program services $1,263,627 · management and general $1,194,675 · fundraising $148,929

  • 16 · Occupancy

    total $1,279,717 · program services $1,209,149 · management and general $54,319 · fundraising $16,249

  • 17 · Travel

    total $99,238 · program services $81,905 · management and general $6,713 · fundraising $10,620

  • 19 · Conferences, conventions and meetings

    total $325,679 · program services $257,182 · management and general $64,037 · fundraising $4,460

  • 20 · Interest

    total $947,396 · program services $873,030 · management and general $62,831 · fundraising $11,535

  • 22 · Depreciation, depletion and amortization

    total $2,133,803 · program services $1,966,313 · management and general $141,510 · fundraising $25,980

  • 23 · Insurance

    total $960,125 · program services $884,761 · management and general $63,674 · fundraising $11,690

  • 24a · Other expenses: PROPTY. IMPAIRMENT LOSS

    total $4,142,968 · management and general $4,142,968

  • 24b · Other expenses: LIBRARY

    total $791,392 · program services $790,023 · management and general $1,369

  • 24c · Other expenses: BAD DEBT

    total $599,922 · program services $568,818 · fundraising $31,104

  • 24d · Other expenses: LOAN COSTS

    total $580,181 · management and general $580,181

  • 24e · All other expenses

    total $406,655 · program services $210,507 · management and general $193,302 · fundraising $2,846

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,482,550 · end of year $5,134,676

  • 2 · Savings and temporary cash investments

    beginning of year $13,470,437 · end of year $4,776,045

  • 3 · Pledges and grants receivable

    beginning of year $31,104 · end of year $7,500

  • 4 · Accounts receivable

    beginning of year $5,236,341 · end of year $2,470,635

  • 7 · Other notes and loans receivable

    beginning of year $649,870 · end of year $528,550

  • 9 · Prepaid expenses and deferred charges

    beginning of year $787,287 · end of year $719,833

  • 10a · Land, buildings and equipment: cost or other basis

    $114,660,424

  • 10b · Land, buildings and equipment: accumulated depreciation

    $79,351,131

  • 10c · Land, buildings and equipment, net

    beginning of year $40,791,959 · end of year $35,309,293

  • 11 · Investments: publicly traded securities

    beginning of year $43,826,587 · end of year $38,070,924

  • 12 · Investments: other securities

    beginning of year $5,681,310 · end of year $6,496,565

  • 15 · Other assets

    beginning of year $148,235 · end of year $127,929

  • 17 · Accounts payable and accrued expenses

    beginning of year $7,017,299 · end of year $7,207,756

  • 19 · Deferred revenue

    beginning of year $600,434 · end of year $497,096

  • 20 · Tax-exempt bond liabilities

    beginning of year $24,556,057 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $6,094,176 · end of year $18,506,906

  • 25 · Other liabilities

    beginning of year $504,745 · end of year $372,289

  • 27 · Net assets without donor restrictions

    beginning of year $30,767,863 · end of year $24,859,399

  • 28 · Net assets with donor restrictions

    beginning of year $43,565,106 · end of year $42,198,504

Mission and programs · 2024

Mission

GOLDEN GATE UNIVERSITY PREPARES INDIVIDUALS TO LEAD AND SERVE BY PROVIDING HIGH QUALITY, PRACTICE-BASED EDUCATIONAL PROGRAMS IN LAW, TAXATION, BUSINESS AND RELATED PROFESSIONS - AS A NONPROFIT INSTITUTION - IN AN INNOVATIVE AND CHALLENGING LEARNING ENVIRONMENT.

Activities or mission (Part I)

TO CHANGE THE LIVES OF ADULT STUDENTS THROUGH PROFESSIONAL PRACTICE DEGREES AND CERTIFICATIONS.

  • HIGHER EDUCATION IS THE UNIVERSITY'S SOLE MISSION AND PROGRAM. GGU OFFERS UNDERGRADUATE DEGREES IN BUSINESS AND MANAGEMENT, AND GRADUATE DEGREES IN LAW, TAXATION, BUSINESS AND RELATED PROFESSIONS THROUGH COURSES OFFERED IN SAN FRANCISCO AND ONLINE COURSES OFFERED THROUGHOUT THE UNITED STATES AND INTERNATIONALLY. FULL TIME ENROLLMENT (FTE) FOR THE ACADEMIC YEAR 2024-2025 WAS 5,781.

    Expenses $41,627,217 · Grants $5,588,338 · Revenue $34,333,701

As filed on the 2024 return.

Listed in Part VII

  • Melinda A Dunn

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Chip Conradi

    VICE CHAIR/SEC (THRU 12/12/24)

    Total calculated
    $0
    Hours/week
    1
  • Nancy Tully

    TRUSTEE & SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Barbara Mendelson

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Nicholas Dirks

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Robert H Patterson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Francis Ryu

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Betty Yee

    TRUSTEE (THRU 10/1/24)

    Total calculated
    $0
    Hours/week
    1
  • Diane Yu

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Tuija Catalano

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • David Fike

    PRESIDENT

    Total calculated
    $583,067
    From this org
    $533,453
    From related orgs
    $0
    Other
    $49,614
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $529,709
    Bonus
    $0
    Other
    $3,744
    Deferred
    $23,100
    Nontaxable benefits
    $26,514
    Filer's total
    $583,067
  • Elaine Clark

    VP FOR FINANCE & ADMIN AND CFO

    Total calculated
    $339,587
    From this org
    $297,068
    From related orgs
    $0
    Other
    $42,519
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $296,378
    Bonus
    $0
    Other
    $690
    Deferred
    $21,084
    Nontaxable benefits
    $21,435
    Filer's total
    $339,587
  • Mark Yates

    DEAN, SCHOOL OF LAW

    Total calculated
    $296,179
    From this org
    $266,868
    From related orgs
    $0
    Other
    $29,311
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $263,680
    Bonus
    $0
    Other
    $3,188
    Deferred
    $18,459
    Nontaxable benefits
    $10,852
    Filer's total
    $296,179
  • Nathaniel Hinerman

    DEAN, SCH OF UNDERGRADUATE STUDIES

    Total calculated
    $291,074
    From this org
    $250,904
    From related orgs
    $0
    Other
    $40,170
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $250,240
    Bonus
    $0
    Other
    $664
    Deferred
    $17,456
    Nontaxable benefits
    $22,714
    Filer's total
    $291,074
  • Robert Shoffner

    EXEC DIR OF AGENO SCHOOL OF BUS

    Total calculated
    $282,606
    From this org
    $259,743
    From related orgs
    $0
    Other
    $22,863
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $248,569
    Bonus
    $0
    Other
    $11,174
    Deferred
    $17,514
    Nontaxable benefits
    $5,349
    Filer's total
    $282,606
  • Courtney Borton

    CHIEF MKTG/VP MKTG/ENROL(THRU 8/7/24)

    Total calculated
    $298,217
    From this org
    $287,540
    From related orgs
    $0
    Other
    $10,677
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $166,507
    Bonus
    $0
    Other
    $121,033
    Deferred
    $10,264
    Nontaxable benefits
    $413
    Filer's total
    $298,217
  • Joaquin Gonzales III

    DEAN, GGU WORLDWIDE/VP, GLOB AFF

    Total calculated
    $283,315
    From this org
    $252,726
    From related orgs
    $0
    Other
    $30,589
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $251,142
    Bonus
    $0
    Other
    $1,584
    Deferred
    $17,571
    Nontaxable benefits
    $13,018
    Filer's total
    $283,315
  • David Lamanna

    ASSOC VICE PROVOST FOR ACAD/STUDENT AFF

    Total calculated
    $244,194
    From this org
    $216,613
    From related orgs
    $0
    Other
    $27,581
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $215,166
    Bonus
    $0
    Other
    $1,447
    Deferred
    $15,121
    Nontaxable benefits
    $12,460
    Filer's total
    $244,194
  • Chris Cardillo

    ASSOC DEAN, SCH OF UNDERGRAD STUDIES

    Total calculated
    $229,239
    From this org
    $197,873
    From related orgs
    $0
    Other
    $31,366
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $197,537
    Bonus
    $0
    Other
    $336
    Deferred
    $13,311
    Nontaxable benefits
    $18,055
    Filer's total
    $229,239
  • Michael Koperski

    EXEC DIR OF BUS SVC, FACIL & ADMIN

    Total calculated
    $210,553
    From this org
    $196,913
    From related orgs
    $0
    Other
    $13,640
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $186,534
    Bonus
    $0
    Other
    $10,379
    Deferred
    $13,058
    Nontaxable benefits
    $582
    Filer's total
    $210,553
  • Brent White

    FORMER PROVOST/VP OF ACAD AFFAIRS

    Total calculated
    $110,000
    From this org
    $110,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $110,000
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $110,000

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4A
COURTNEY BORTON, CHIEF OF MARKETING AND VICE PROVOST OF MARKETING & ENROLLMENT MANAGEMENT, RECEIVED A SEVERANCE PAYMENT OF $120,000 IN CALENDAR YEAR 2024.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • CHARITABLE REMAINDER TRUST (3)

    T · INVESTMENTS · CA · controlled entity

    Directly controlled by GOLDEN GATE UNIVERSITY

Provenance

Return type
form_990
Tax year
2024
Filed
17 April 2026
IRS schema version
2024v5.5
Source object
202611129349300941

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