Totals
- Total revenue
- $18,715,286
- Total expenses
- $17,996,946
- Contributions and grants received
- $4,802,981
- Grants paid
- $0
- Program service revenue
- $13,903,836
- Investment income
- $8,469
- Other revenue
- $0
- Total assets, end of year
- $12,991,129
- Total liabilities, end of year
- $3,313,684
- Net assets or fund balances, end of year
- $9,677,445
- Program services expenses (Part IX)
- $15,397,514
- Management and general expenses
- $2,191,381
- Fundraising expenses
- $408,051
- Program service expenses (Part III)
- $15,397,514
Program services were 85.6% 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.
-
1f · All other contributions, gifts and grants
$4,802,981
-
2a · Program service revenue: Students fees
total $13,903,836 · related or exempt $13,903,836
-
3 · Investment income
total $11,962 · excluded $11,962
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $106,490
-
7b · Less cost or other basis and sales expenses
securities $109,983
-
7c · Gain or loss
securities -$3,493
-
7d · Net gain or loss
total -$3,493 · related or exempt -$3,493
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $1,218,916 · program services $860,062 · management and general $133,943 · fundraising $224,911
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $3,226,900 · program services $2,130,666 · management and general $979,989 · fundraising $116,245
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $54,524 · management and general $54,524
-
11c · Fees: accounting
total $87,929 · management and general $87,929
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $141,086 · program services $6,701 · management and general $134,385
-
14 · Information technology
total $3,225,472 · program services $3,218,420 · management and general $1,546 · fundraising $5,506
-
15 · Royalties
total $0
-
16 · Occupancy
total $27,535 · management and general $27,535
-
17 · Travel
total $73,212 · management and general $70,943 · fundraising $2,269
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $62,720 · management and general $62,720
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $17,353 · management and general $17,353
-
23 · Insurance
total $51,154 · management and general $51,154
-
24a · Other expenses: OUTSIDE SERVICES
total $7,287,181 · program services $7,142,214 · management and general $85,847 · fundraising $59,120
-
24b · Other expenses: Enrollment
total $1,834,121 · program services $1,834,121
-
24c · Other expenses: BANK FEES
total $483,513 · management and general $483,513
-
24d · Other expenses: LICENSES AND REGISTRATIONS
total $205,330 · program services $205,330
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,408,517 · end of year $3,003,761
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
beginning of year $9,498,469 · end of year $9,208,012
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $114,390 · end of year $86,582
-
10a · Land, buildings and equipment: cost or other basis
$17,273
-
10b · Land, buildings and equipment: accumulated depreciation
$11,482
-
10c · Land, buildings and equipment, net
beginning of year $5,978 · end of year $5,791
-
11 · Investments: publicly traded securities
beginning of year $352,300 · end of year $488,099
-
12 · Investments: other securities
beginning of year $177,368 · end of year $177,368
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $21,571 · end of year $21,516
-
17 · Accounts payable and accrued expenses
beginning of year $863,903 · end of year $659,811
-
22 · Loans and payables to officers and key people
beginning of year $1,928,890 · end of year $1,991,610
-
25 · Other liabilities
beginning of year $854,020 · end of year $662,263
-
27 · Net assets without donor restrictions
beginning of year -$1,307,467 · end of year -$344,424
-
28 · Net assets with donor restrictions
beginning of year $10,239,247 · end of year $10,021,869
Mission and programs · 2022
Mission
The Mission of the University is to offer affordable, quality, online, degree-granting educational programs to any qualified student.
-
EDUCATION SERVICES: AS STATED IN ITS MISSION, THE ORGANIZATION SEEKS TO PROVIDE QUALITY WEB-BASED EDUCATIONAL PROGRAMS, LEADING TO A DEGREE FOR THE SUCCESSFUL PARTICIPANT. FOR YEAR END 8/31/2023, THESE EXPENSES INCLUDED INSTRUCTIONAL EXPENSES, ACCREDITATION EXPENSES, TECHNOLOGICAL EXPENSES AND SUPPORT.
Expenses $15,397,514
As filed on the 2022 return.
Listed in Part VII
-
Elizabeth Dunn
VP
- Total calculated
- $224,911
- From this org
- $224,911
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $224,911
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $224,911
-
Asaf Wolff
Vice President
- Total calculated
- $220,936
- From this org
- $220,936
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $220,936
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $220,936
-
Marie Cini
Provost
- Total calculated
- $204,846
- From this org
- $204,846
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $204,846
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $204,846
-
Metta Alsobrook
director
- Total calculated
- $158,232
- From this org
- $158,232
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $158,232
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $158,232
-
Daniel Kalmanson
vp
- Total calculated
- $140,943
- From this org
- $140,943
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Lindsay Kara Pullen
director
- Total calculated
- $135,105
- From this org
- $135,105
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $135,105
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $135,105
-
Angela Frances Littlejohn
General Counse
- Total calculated
- $133,943
- From this org
- $133,943
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Shai ReshefSHAI RESHEF
President
- Total calculated
- $0
- Hours/week
- 40
-
Ashok J ChandrasekharASHOK J CHANDRASEKHAR
Trustee
- Total calculated
- $0
- Hours/week
- 10
-
Daniel GreenwoodDANIEL GREENWOOD
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Gabriel HawawiniGABRIEL HAWAWINI
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Christine DurhamCHRISTINE DURHAM
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Pascaline Servan-Schreiber
Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Antoine van Agtmael
Trustee
- Total calculated
- $0
- Hours/week
- 1
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
None.
Answered no
- 4a · Severance or change-of-control payment
- 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
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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
University of the People CC
Provide support services · IS
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 22 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202411439349300321
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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