WGU CORPORATION: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- WGU CORPORATION (EIN 84-1383926)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-05-07
- IRS object ID
- 202441289349302579
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule I
- Schedule J
- Schedule L
- Schedule N
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-07T13:24:52-05:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BDO USA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 299 S MAIN ST 10TH FLOOR | AddressLine1Txt |
| City | SALT LAKE CITY | CityNm |
| State Abbreviation | UT | StateAbbreviationCd |
| ZIP | 84111 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 841383926 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WGU Corporation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % NADEEM SYED | InCareOfNm |
| Business Name Control | WGUC | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4001 South 700 East Suite 700 | AddressLine1Txt |
| City | Salt Lake City | CityNm |
| State Abbreviation | UT | StateAbbreviationCd |
| ZIP | 84107 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Nadeem Syed | PersonNm |
| Person Title | Chief Fin. Officer | PersonTitleTxt |
| Phone | 3854285130 | PhoneNum |
| Signature | 2024-05-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Nadeem | PersonFirstNm |
| Person Last | Syed | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Matthew Frerker | PreparerPersonNm |
| PTIN | P01677675 | PTIN |
| Phone | 8012691818 | PhoneNum |
| Preparation | 2024-05-06 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Scott Pulsipher | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4001 South 700 East Suite 700 | AddressLine1Txt |
| City | Salt Lake City | CityNm |
| State Abbreviation | UT | StateAbbreviationCd |
| ZIP | 84107 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $933,734,683 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.WGU.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1997 | FormationYr |
| Legal Domicile State | UT | LegalDomicileStateCd |
| Activity Or Mission | TO SUPPORT WGU INSTITUTIONS OF HIGHER LEARNING. | ActivityOrMissionDesc |
| Contract Termination | Yes (X) | ContractTerminationInd |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 8179 | TotalEmployeeCnt |
| Total Volunteers | 15 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $7,824 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $51,967,900 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,561,241 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,035,664,010 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $640,181,833 | CYProgramServiceRevenueAmt |
| PY Investment Income | $19,966,496 | PYInvestmentIncomeAmt |
| CY Investment Income | $37,300,962 | CYInvestmentIncomeAmt |
| PY Other Revenue | $534,454 | PYOtherRevenueAmt |
| CY Other Revenue | $1,089,916 | CYOtherRevenueAmt |
| PY Total Revenue | $1,108,132,860 | PYTotalRevenueAmt |
| CY Total Revenue | $682,133,952 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $65,470,268 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $12,811,215 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $572,271,136 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $386,148,987 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,085,393 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $423,425,279 | PYOtherExpensesAmt |
| CY Other Expenses | $294,180,553 | CYOtherExpensesAmt |
| PY Total Expenses | $1,061,166,683 | PYTotalExpensesAmt |
| CY Total Expenses | $693,140,755 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $46,966,177 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$11,006,803 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $637,635,637 | TotalAssetsBOYAmt |
| Total Assets EOY | $686,959,304 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $315,981,818 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $371,700,144 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $321,653,819 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $315,259,160 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE ORGANIZATION'S MISSION IS TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT THE PURPOSES OF 1) WESTERN GOVERNORS UNIVERSITY, 2) WGU ACADEMY, AND 3) WGU LABS, WHICH ARE ALL 501(C)(3) NON-PROFIT CORPORATIONS. | MissionDesc |
| Significant New Program Srvc | Yes (true) | SignificantNewProgramSrvcInd |
| Significant Change | Yes (true) | SignificantChangeInd |
| Expense | $509,078,477 | ExpenseAmt |
| Grant | $12,811,215 | GrantAmt |
| Revenue | $546,498,031 | RevenueAmt |
| Desc | THE ORGANIZATION OPERATED AS WESTERN GOVERNORS UNIVERSITY SINCE ITS FOUNDING IN 1997 THROUGH DECEMBER 31, 2022 WITH A MISSION TO EXPAND ACCESS TO HIGH-QUALITY, AFFORDABLE, HIGHER EDUCATION. THE ORGANIZATION WAS ACCREDITED BY THE NORTHWEST COMMISSION ON COLLEGES AND UNIVERSITIES AND OFFERED UNDERGRADUATE AND GRADUATE DEGREE PROGRAMS IN BUSINESS, INFORMATION TECHNOLOGY, HEALTHCARE/NURSING AND K-12 EDUCATION. AS AN ONLINE, NONPROFIT, COMPETENCY-BASED UNIVERSITY, THE ORGANIZATION HAD MORE THAN 139,000 STUDENTS NATIONWIDE AND MORE THAN 272,000 GRADUATES FROM ALL 50 STATES, AS OF DECEMBER 31, 2022. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $123,321,416 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $93,683,802 | RevenueAmt |
| Desc | AS OF JANUARY 1, 2023 (HALFWAY THROUGH ITS FISCAL YEAR), THE ORGANIZATION TRANSITIONED TO A TYPE III FUNCTIONALLY INTEGRATED SUPPORTING ORGANIZATION, WHILE THE UNIVERSITY OPERATIONS WERE TRANSFERRED TO ANOTHER 501(C)(3) ORGANIZATION NEWLY NAMED WESTERN GOVERNORS UNIVERSITY. THE TRANSITION INCLUDED AMENDMENTS TO ITS ARTICLES OF INCORPORATION TO OPERATE TO THE EXCLUSIVE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT THE PURPOSES OF WESTERN GOVERNORS UNIVERSITY, WGU ACADEMY, AND WGU LABS, WHICH ENTITIES ARE ALL 501(C)(3) NOT-PROFIT ORGANIZATIONS. THE ORGANIZATION PROVIDES DIRECTION OVER THE POLICIES, PROGRAMS, AND ACTIVITIES OF THESE SUPPORTED ORGANIZATIONS IN ADDITION TO FINANCIAL SUPPORT. IN FY23, THE ORGANIZATION PROVIDED $20.7 MILLION OF FUNDING TO THESE SUPPORTED ORGANIZATIONS. THE ORGANIZATION ALSO PROVIDES ADMINISTRATIVE SERVICES (ACCOUNTING, HR, LEGAL, FINANCE, MANAGEMENT, PROCUREMENT, ETC.) TO THE SUPPORTED ORGANIZATIONS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $632,399,893 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | Yes (true) | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (true) | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (true) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | Yes (true) | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 1376 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 8179 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (true) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | Yes (true) | LocalChaptersInd |
| Policies Reference Chapters | Yes (true) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NADEEM SYED | PersonNm |
| Phone | 3854255130 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4001 SOUTH 700 EAST STE 700 | AddressLine1Txt |
| City | Salt Lake City | CityNm |
| State Abbreviation | UT | StateAbbreviationCd |
| ZIP | 84107 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (34 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| Scott D Pulsipher | |||||||||
| Trustee / President | 3.0 | 44.0 | Yes (X) | Yes (X) | $0 | $1,917,916 | $58,120 | ||
| Marni Baker-Stein | |||||||||
| CAO (THRU 12/22) | 2.0 | 40.0 | Yes (X) | $0 | $806,413 | $42,499 | |||
| David Grow | |||||||||
| Chief Operating Officer | 2.0 | 47.0 | Yes (X) | $0 | $687,122 | $66,400 | |||
| Nadeem Syed | |||||||||
| Chief Financial Officer | 2.0 | 40.0 | Yes (X) | $0 | $595,279 | $48,469 | |||
| David Morales | |||||||||
| Sr VP, Technology & CIO | 40.0 | 0.0 | $556,467 | $0 | $32,084 | Yes (X) | |||
| Ashutosh Tiwary | |||||||||
| Sr VP, IT College (THRU 12/22) | 40.0 | 0.0 | $521,398 | $0 | $52,314 | Yes (X) | |||
| Mitsu Frazier | |||||||||
| Sr VP, Bus college(THRU 12/22) | 40.0 | 0.0 | $399,471 | $0 | $67,460 | Yes (X) | |||
| Janea Jones-Schenk | |||||||||
| Sr VP, College | 40.0 | 0.0 | $407,793 | $0 | $32,211 | Yes (X) | |||
| David Perkinson | |||||||||
| Sr VP, PGM Develop(THRU 12/22) | 40.0 | 0.0 | $382,314 | $0 | $46,506 | Yes (X) | |||
| Deborah Fowler | |||||||||
| Sr VP, St Success (THRU 12/22) | 40.0 | 0.0 | $355,360 | $0 | $59,120 | Yes (X) | |||
| Robert Hunt | |||||||||
| Sr VP, Gen Counsel, Secretary | 2.0 | 40.0 | Yes (X) | $0 | $347,753 | $55,800 | |||
| Patricia Moore | |||||||||
| VP, Engineering | 40.0 | 0.0 | $334,257 | $0 | $38,057 | Yes (X) | |||
| Gene Hayes | |||||||||
| Sr VP, Regional Op(THRU 12/22) | 40.0 | 0.0 | $324,515 | $0 | $38,632 | Yes (X) | |||
| Eric Weaver | |||||||||
| Exec Dir, Ins for ADV HLTHCARE | 40.0 | 0.0 | $305,669 | $0 | $50,916 | Yes (X) | |||
| Mark Milliron | |||||||||
| Sr VP, Sch of Edu (THRU 09/22) | 40.0 | 0.0 | $311,717 | $0 | $39,832 | Yes (X) | |||
| Sarah DeMark | |||||||||
| Vice Provost, CRED INTEGRITY | 40.0 | 0.0 | $306,014 | $0 | $28,800 | Yes (X) | |||
| Alan Smith | |||||||||
| VP, Ins. Portfolio Mgmt | 40.0 | 0.0 | $299,106 | $0 | $34,066 | Yes (X) | |||
| Stacey Ludwig Johnson | |||||||||
| Sr VP, Edu School (Thru 12/22) | 40.0 | 0.0 | $282,310 | $0 | $46,960 | Yes (X) | |||
| Scott Neuner | |||||||||
| Sr VP, Marketing (THRU 12/22) | 40.0 | 0.0 | $248,207 | $0 | $31,143 | Yes (X) | |||
| Dr Charles Sorenson | |||||||||
| Trustee (chair) | 1.0 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| The Honorable Jim Geringer | |||||||||
| Trustee | 1.0 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| John W Bluford III | |||||||||
| Trustee | 1.0 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Cole Clark | |||||||||
| Trustee | 1.0 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Tammy Johns | |||||||||
| Trustee (THRU 12/22) | 1.0 | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| David Simmons | |||||||||
| Trustee | 1.0 | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| Dr Samuel H Smith | |||||||||
| Trustee | 1.0 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Jessie Wooley-Wilson | |||||||||
| Trustee | 1.0 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Joe Fuller | |||||||||
| Trustee | 1.0 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Talia Milgrom-Elcott | |||||||||
| Trustee | 1.0 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| The Honorable Eric Holcomb | |||||||||
| Trustee (THRU 12/22) | 1.0 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| The Honorable Jared Polis | |||||||||
| Trustee (THRU 12/22) | 1.0 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Lenny Mendonca | |||||||||
| Trustee | 1.0 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Kerry Healy | |||||||||
| Trustee | 1.0 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| April Chou | |||||||||
| Trustee (AS OF 01/23) | 1.0 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $5,034,598 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $4,354,483 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $869,389 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 132 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Google Inc | |||||
| 500 Sansome | SAN FRANCISCO | CA | 94111 | Web Marketing | $87,249,954 |
| Amobee Inc | |||||
| 100 Redwood Shores Parkway 4th Flo | REDWOOD CITY | CA | 94065 | Media Management | $28,739,965 |
| MNTN Digital Inc | |||||
| 823 Congress Ave 1827 | AUSTIN | TX | 78768 | Marketing | $19,875,245 |
| Linkedin Corporation | |||||
| 62228 Collections Center Drive | CHICAGO | IL | 60693 | Web Marketing | $9,148,065 |
| CDW LLC | |||||
| 75 Remittance Drive Suite 1515 | CHICAGO | IL | 60675 | Electronic equipment | $7,068,659 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 259 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $937,910 | RelatedOrganizationsAmt |
| All Other Contributions | $2,623,331 | AllOtherContributionsAmt |
| Total Contributions | $3,561,241 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611430 | $546,393,314 | $546,393,314 |
| SHARED SERVICE FEES | 611430 | $93,683,802 | $93,683,802 |
| MEMBERSHIP FEES | 611430 | $104,717 | $104,717 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $640,181,833 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,999,788 | TotalRevenueColumnAmt |
| Exclusion | $9,999,788 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $26,080 | TotalRevenueColumnAmt |
| Exclusion | $26,080 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $213,600 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $213,600 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $213,600 | TotalRevenueColumnAmt |
| Exclusion | $213,600 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $278,901,905 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $251,600,731 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $27,301,174 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $27,301,174 | TotalRevenueColumnAmt |
| Exclusion | $27,301,174 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $0 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $0 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 900001 | BusinessCd |
| Total Revenue Column | $850,236 | TotalRevenueColumnAmt |
| Exclusion | $850,236 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $850,236 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $682,133,952 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $640,181,833 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $38,390,878 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,811,215 | TotalAmt |
| Program Services | $12,811,215 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,358,189 | TotalAmt |
| Program Services | $3,265,344 | ProgramServicesAmt |
| Management And General | $1,092,845 | ManagementAndGeneralAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $293,294,708 | TotalAmt |
| Program Services | $281,094,393 | ProgramServicesAmt |
| Management And General | $10,926,308 | ManagementAndGeneralAmt |
| Fundraising | $1,274,007 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,832,858 | TotalAmt |
| Program Services | $14,187,885 | ProgramServicesAmt |
| Management And General | $581,125 | ManagementAndGeneralAmt |
| Fundraising | $63,848 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,594,350 | TotalAmt |
| Program Services | $49,963,978 | ProgramServicesAmt |
| Management And General | $1,484,913 | ManagementAndGeneralAmt |
| Fundraising | $145,459 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,068,882 | TotalAmt |
| Program Services | $20,981,879 | ProgramServicesAmt |
| Management And General | $987,648 | ManagementAndGeneralAmt |
| Fundraising | $99,355 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,000,623 | TotalAmt |
| Program Services | $340,334 | ProgramServicesAmt |
| Management And General | $2,660,289 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,040,805 | TotalAmt |
| Program Services | $269,751 | ProgramServicesAmt |
| Management And General | $9,769,619 | ManagementAndGeneralAmt |
| Fundraising | $1,435 | FundraisingAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,008 | TotalAmt |
| Program Services | $53,490 | ProgramServicesAmt |
| Management And General | $13,518 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,624,053 | TotalAmt |
| Program Services | $1,624,053 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $97,976,374 | TotalAmt |
| Program Services | $71,806,263 | ProgramServicesAmt |
| Management And General | $25,973,539 | ManagementAndGeneralAmt |
| Fundraising | $196,572 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $85,874,049 | TotalAmt |
| Program Services | $85,745,084 | ProgramServicesAmt |
| Management And General | $85,462 | ManagementAndGeneralAmt |
| Fundraising | $43,503 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,946,256 | TotalAmt |
| Program Services | $11,580,319 | ProgramServicesAmt |
| Management And General | $1,339,739 | ManagementAndGeneralAmt |
| Fundraising | $26,198 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,401,478 | TotalAmt |
| Program Services | $14,053,816 | ProgramServicesAmt |
| Management And General | $1,342,803 | ManagementAndGeneralAmt |
| Fundraising | $4,859 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,305,121 | TotalAmt |
| Program Services | $5,889,083 | ProgramServicesAmt |
| Management And General | $350,256 | ManagementAndGeneralAmt |
| Fundraising | $65,782 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,159,851 | TotalAmt |
| Program Services | $3,717,396 | ProgramServicesAmt |
| Management And General | $328,010 | ManagementAndGeneralAmt |
| Fundraising | $114,445 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,220,120 | TotalAmt |
| Program Services | $10,000,491 | ProgramServicesAmt |
| Management And General | $179,749 | ManagementAndGeneralAmt |
| Fundraising | $39,880 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,800,712 | TotalAmt |
| Program Services | $30,800,712 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,371,705 | TotalAmt |
| Program Services | $9,986,718 | ProgramServicesAmt |
| Management And General | $1,377,064 | ManagementAndGeneralAmt |
| Fundraising | $7,923 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,372,899 | TotalAmt |
| Program Services | $1,222,881 | ProgramServicesAmt |
| Management And General | $147,891 | ManagementAndGeneralAmt |
| Fundraising | $2,127 | FundraisingAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| BAD DEBT EXPENSES | $2,875,419 | $2,875,419 | |
| MISCELLANEOUS EXPENSES | $144,080 | $129,389 | $14,691 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $693,140,755 | TotalAmt |
| Program Services | $632,399,893 | ProgramServicesAmt |
| Management And General | $58,655,469 | ManagementAndGeneralAmt |
| Fundraising | $2,085,393 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $106,674,379 | BOYAmt |
| EOY | $64,205,090 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,359,711 | BOYAmt |
| EOY | $1,201,869 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,217,718 | BOYAmt |
| EOY | $4,400,561 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,000,000 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,127,124 | BOYAmt |
| EOY | $15,732,391 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $84,439,388 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $30,446,017 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,524,388 | BOYAmt |
| EOY | $53,993,371 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $405,984,528 | BOYAmt |
| EOY | $397,322,196 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,498,628 | BOYAmt |
| EOY | $71,057,978 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $35,247,535 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,385,321 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,863,840 | BOYAmt |
| EOY | $43,798,313 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $637,635,637 | BOYAmt |
| EOY | $686,959,304 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $90,444,781 | BOYAmt |
| EOY | $33,539,951 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $225,537,037 | BOYAmt |
| EOY | $0 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $338,160,193 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $315,981,818 | BOYAmt |
| EOY | $371,700,144 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $313,528,560 | BOYAmt |
| EOY | $301,291,618 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,125,259 | BOYAmt |
| EOY | $13,967,542 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $321,653,819 | BOYAmt |
| EOY | $315,259,160 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $637,635,637 | BOYAmt |
| EOY | $686,959,304 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$11,006,803 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$9,163,666 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $13,775,810 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type3 Func Int | Yes (X) | SupportingOrgType3FuncIntInd |
| IRS Written Determination | Yes (X) | IRSWrittenDeterminationInd |
| Supported Organizations | 3 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp (3 entries)
| EINEIN | Organization TypeOrganizationTypeCd | Governing Document ListedGoverningDocumentListedInd | SupportSupportAmt | Other SupportOtherSupportAmt |
|---|---|---|---|---|
| WESTERN GOVERNORS UNIVERSITY | ||||
| 474365018 | 2 | Yes (true) | $1,766,736 | $0 |
| WGU LABS | ||||
| 824523369 | 10 | Yes (true) | $8,165,944 | $0 |
| WGU ACADEMY | ||||
| 852768979 | 2 | Yes (true) | $10,801,316 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 3 | SupportedOrganizationsTotalCnt |
| Support Sum | $20,733,996 | SupportSumAmt |
| Other Support Sum | $0 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (true) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | false | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | false | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | false | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | Yes (true) | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | false | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | false | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | false | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | false | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | false | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | false | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | false | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | false | ContributionControllerInd |
| Contribution Family | false | ContributionFamilyInd |
| Contribution35 Controlled | false | Contribution35ControlledInd |
Form990 Sch A Type3 Sprt Org All Form990SchAType3SprtOrgAllGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timely Provided Documents | Yes (true) | TimelyProvidedDocumentsInd |
| Officers Close Relationship | Yes (true) | OfficersCloseRelationshipInd |
| Supported Org Voice Investment | Yes (true) | SupportedOrgVoiceInvestmentInd |
Form990 Sch A Type3 Func Int Form990SchAType3FuncIntGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Parent Supported Org | Yes (X) | ParentSupportedOrgInd |
| Appoint Elect Majority Officer | Yes (true) | AppointElectMajorityOfficerInd |
| Exercise Direction Policies | Yes (true) | ExerciseDirectionPoliciesInd |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE A, SECTION A, LINE 5A: | DURING FY23 THE ORGANIZATION BECAME A FUNCTIONALLY INTEGRATED SUPPORTING ORGANIZATION AND AMENDED ITS ARTICLES OF INCORPORATION TO SPECIFICALLY STATE THAT IT SUPPORTS WESTERN GOVERNORS UNIVERSITY (EIN: 47-4365018), WGU ACADEMY (EIN: 85-2768979), AND WGU LABS (EIN: 82-4523369). |
| SCHEDULE A, SECTION E, LINE 3A: | THE ARTICLES OF INCORPORATION OF THE SUPPORTED ORGANIZATIONS CONTAIN PROVISIONS THAT THE ORGANIZATION HAS EXCLUSIVE POWER OVER THE ELECTION AND REMOVAL OF DIRECTOR(S) OF THOSE ORGANIZATIONS. |
| SCHEDULE A, SECTION E, LINE 3B: | THE SUPPORTED ORGANIZATIONS SHARE OFFICERS AND DIRECTORS WITH THE ORGANIZATION. THE ORGANIZATION ALSO PROVIDES ADMINISTRATIVE SERVICES (ACCOUNTING, HR, LEGAL, FINANCE, MANAGEMENT, PROCUREMENT, ETC.) TO THE SUPPORTED ORGANIZATIONS IN ADDITION TO PROVIDING DIRECTION OVER THE POLICIES AND PROGRAM OBJECTIVES FOR THOSE ORGANIZATIONS. |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Total Grassroots Lobbying | TotalGrassrootsLobbyingGrp |
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $86,755 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $86,755 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $693,054,000 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $693,140,755 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,000,000 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $250,000 | FilingOrganizationsTotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Lbbyng Grassroot Mns Non Tx | TotLbbyngGrassrootMnsNonTxGrp | |
| Tot Lbby Expend Mns Lbbyng Non Tx | TotLbbyExpendMnsLbbyngNonTxGrp |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $1,000,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $1,000,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $1,000,000 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $4,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $230,344 | CurrentYearMinus3Amt |
| Current Year Minus2 | $248,749 | CurrentYearMinus2Amt |
| Current Year Minus1 | $149,401 | CurrentYearMinus1Amt |
| Current Year | $86,755 | CurrentYearAmt |
| Total | $715,249 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $250,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $250,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $250,000 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $1,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $82,390 | BeginningYearBalanceAmt |
| Contributions | $2,458,767 | ContributionsAmt |
| Investment Earnings Or Losses | $140,823 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $49,343 | GrantsOrScholarshipsAmt |
| End Year Balance | $2,632,637 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $587,660 | BeginningYearBalanceAmt |
| Contributions | -$419,093 | ContributionsAmt |
| Investment Earnings Or Losses | -$24,634 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $61,543 | GrantsOrScholarshipsAmt |
| End Year Balance | $82,390 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $412,660 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $205,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $30,000 | GrantsOrScholarshipsAmt |
| End Year Balance | $587,660 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $395,660 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $34,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $17,000 | GrantsOrScholarshipsAmt |
| End Year Balance | $412,660 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $378,660 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $37,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $20,000 | GrantsOrScholarshipsAmt |
| End Year Balance | $395,660 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.33420 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.61870 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.04710 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (true) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
| Related Org List Sch R | false | RelatedOrgListSchRInd |
| Land | LandGrp |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $957,328 | OtherCostOrOtherBasisAmt |
| Depreciation | $537,380 | DepreciationAmt |
| Book Value | $419,948 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $18,990,856 | OtherCostOrOtherBasisAmt |
| Depreciation | $11,144,767 | DepreciationAmt |
| Book Value | $7,846,089 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $10,001,983 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,072,976 | DepreciationAmt |
| Book Value | $3,929,007 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $54,489,221 | OtherCostOrOtherBasisAmt |
| Depreciation | $12,690,894 | DepreciationAmt |
| Book Value | $41,798,327 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $53,993,371 | TotalBookValueLandBuildingsAmt |
| Financial Derivatives | FinancialDerivativesGrp | |
| Closely Held Equity Interests | CloselyHeldEquityInterestsGrp |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| GLAS FUNDS SPC | $57,631,293 | F |
| OTHER SECURITIES | $13,426,685 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $71,057,978 | TotalBookValueSecuritiesAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| JUVO VENTURES FUND, LP | $31,293,147 | F |
| DISRUPTIVE INNOVATION FUND, LP | $2,000,000 | F |
| WGU LABS FUND I, LP | $1,954,388 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $35,247,535 | TotalBookValueProgramRltdAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RIGHT OF USE ASSETS | Desc |
| Book Value | $43,798,313 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $43,798,313 | TotalBookValueOtherAssetsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| PAYABLE TO WESTERN GOVERNORS UNIV. | $290,670,496 |
| LEASE LIABILITY | $47,489,697 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $338,160,193 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PART V, LINE 4: | THE ENDOWMENT FUNDS OF THE ORGANIZATION ARE USED TO FUND SCHOLARSHIPS FOR STUDENTS. |
| SCHEDULE D, PART X, LINE 2: | The following is the "Income Taxes" footnote from the consolidated financial statements that include the accounts and balances of WGU Corporation, among other entities: WGU Corporation, Western Governors University, WGU Labs, WGU Advancement, and WGU Academy qualify as tax-exempt organizations under Section 501(c)(3) of the Internal Revenue Code and are generally exempt from federal and state income taxes, except for taxes on income from activities unrelated to their exempt purposes. The consolidated wholly-owned LLC partnerships are treated as disregarded entities for income tax purposes to the extent that their activities are related to an exempt purpose of their tax-exempt parent. The Organization records its allocated income or loss from other majority-owned LLCs, and based on the nature of the operations of those LLCs, determines if any income tax will be due. Activities unrelated to the exempt purpose are subject to income tax. The consolidated LP partnerships seek investments in early-stage, mission-aligned companies. Certain activities of the LP partnerships could be subject to taxation and such taxes are recorded in the consolidated financial statements as applicable. Management believes the Organization has taken no tax positions that more likely than not would not be sustained upon examination by taxing authorities. Accordingly, no provision for income taxes has been made in the accompanying consolidated financial statements. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| Tuition waivers and other aid | 12939 | $5,413,298 |
| Scholarships | 8398 | $7,397,917 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I, PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE SCHOLARSHIPS AND TUITION WAIVERS ARE AWARDED TO STUDENTS ATTENDING THE UNIVERSITY AND ARE APPLIED TOWARD THEIR TUITION. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | false | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (19 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scott D Pulsipher | ||||||||||||||
| Trustee / President | $0 | $753,461 | $0 | $552,500 | $0 | $611,955 | $0 | $27,000 | $0 | $31,120 | $0 | $1,976,036 | $0 | $0 |
| Nadeem Syed | ||||||||||||||
| Chief Financial Officer | $0 | $430,579 | $0 | $164,700 | $0 | $0 | $0 | $20,500 | $0 | $27,969 | $0 | $643,748 | $0 | $0 |
| David Grow | ||||||||||||||
| Chief Operating Officer | $0 | $455,680 | $0 | $154,650 | $0 | $76,792 | $0 | $27,000 | $0 | $39,400 | $0 | $753,522 | $0 | $0 |
| Marni Baker-Stein | ||||||||||||||
| CAO (THRU 12/22) | $0 | $528,084 | $0 | $153,850 | $0 | $124,479 | $0 | $16,039 | $0 | $26,460 | $0 | $848,912 | $0 | $0 |
| Robert Hunt | ||||||||||||||
| Sr VP, Gen Counsel, Secretary | $0 | $304,253 | $0 | $43,500 | $0 | $0 | $0 | $27,000 | $0 | $28,800 | $0 | $403,553 | $0 | $0 |
| Mitsu Frazier | ||||||||||||||
| Sr VP, Bus college(THRU 12/22) | $336,303 | $0 | $63,168 | $0 | $0 | $0 | $20,500 | $0 | $46,960 | $0 | $466,931 | $0 | $0 | $0 |
| Deborah Fowler | ||||||||||||||
| Sr VP, St Success (THRU 12/22) | $286,548 | $0 | $54,500 | $0 | $14,312 | $0 | $27,000 | $0 | $32,120 | $0 | $414,480 | $0 | $0 | $0 |
| David Morales | ||||||||||||||
| Sr VP, Technology & CIO | $410,276 | $0 | $101,355 | $0 | $44,836 | $0 | $4,162 | $0 | $27,922 | $0 | $588,551 | $0 | $0 | $0 |
| Mark Milliron | ||||||||||||||
| Sr VP, Sch of Edu (THRU 09/22) | $275,567 | $0 | $36,150 | $0 | $0 | $0 | $16,864 | $0 | $22,968 | $0 | $351,549 | $0 | $0 | $0 |
| Scott Neuner | ||||||||||||||
| Sr VP, Marketing (THRU 12/22) | $208,207 | $0 | $40,000 | $0 | $0 | $0 | $7,321 | $0 | $23,822 | $0 | $279,350 | $0 | $0 | $0 |
| Ashutosh Tiwary | ||||||||||||||
| Sr VP, IT College (THRU 12/22) | $447,498 | $0 | $73,900 | $0 | $0 | $0 | $27,000 | $0 | $25,314 | $0 | $573,712 | $0 | $0 | $0 |
| Gene Hayes | ||||||||||||||
| Sr VP, Regional Op(THRU 12/22) | $286,515 | $0 | $38,000 | $0 | $0 | $0 | $11,662 | $0 | $26,970 | $0 | $363,147 | $0 | $0 | $0 |
| David Perkinson | ||||||||||||||
| Sr VP, PGM Develop(THRU 12/22) | $326,494 | $0 | $55,820 | $0 | $0 | $0 | $20,046 | $0 | $26,460 | $0 | $428,820 | $0 | $0 | $0 |
| Stacey Ludwig Johnson | ||||||||||||||
| Sr VP, Edu School (Thru 12/22) | $241,435 | $0 | $40,875 | $0 | $0 | $0 | $20,500 | $0 | $26,460 | $0 | $329,270 | $0 | $0 | $0 |
| Janea Jones-Schenk | ||||||||||||||
| Sr VP, College | $119,249 | $0 | $288,544 | $0 | $0 | $0 | $29,846 | $0 | $2,365 | $0 | $440,004 | $0 | $0 | $0 |
| Patricia Moore | ||||||||||||||
| VP, Engineering | $305,607 | $0 | $28,650 | $0 | $0 | $0 | $27,000 | $0 | $11,057 | $0 | $372,314 | $0 | $0 | $0 |
| Sarah DeMark | ||||||||||||||
| Vice Provost, CRED INTEGRITY | $264,764 | $0 | $41,250 | $0 | $0 | $0 | $20,500 | $0 | $8,300 | $0 | $334,814 | $0 | $0 | $0 |
| Eric Weaver | ||||||||||||||
| Exec Dir, Ins for ADV HLTHCARE | $270,748 | $0 | $34,921 | $0 | $0 | $0 | $20,500 | $0 | $30,416 | $0 | $356,585 | $0 | $0 | $0 |
| Alan Smith | ||||||||||||||
| VP, Ins. Portfolio Mgmt | $248,248 | $0 | $50,858 | $0 | $0 | $0 | $7,606 | $0 | $26,460 | $0 | $333,172 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE J, PART I, LINE 1A: | THE ORGANIZATION PAID $22,892 DURING THE YEAR ENDED JUNE 30, 2023 TO CHAUFFEUR THE ORGANIZATION'S PRESIDENT TO AND FROM WORK. |
| SCHEDULE J, PART I, LINE 1B: | THE ORGANIZATION DOES NOT HAVE A WRITTEN POLICY REGARDING THE CHAUFFEUR SERVICES RENDERED. |
Schedule L IRS990ScheduleL
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $0 | TotalBalanceDueAmt |
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Spencer Grow | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | Officer's son | RelationshipDescriptionTxt |
| Transaction | $29,239 | TransactionAmt |
| Transaction | Wages paid | TransactionDesc |
| Sharing Of Revenues | false | SharingOfRevenuesInd |
Schedule N IRS990ScheduleN
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liquidation Of Assets Table | LiquidationOfAssetsTableGrp |
Disposition Of Assets Detail DispositionOfAssetsDetail (6 entries)
| Assets Distri Or Expnss PaidAssetsDistriOrExpnssPaidDesc | DistributionDistributionDt | Fair Market Value Of AssetFairMarketValueOfAssetAmt | Method Of FMV DeterminationMethodOfFMVDeterminationTxt | EINEIN | Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | IRC SectionIRCSectionTxt |
|---|---|---|---|---|---|---|---|---|---|
| Western Governors University | |||||||||
| Student Receivables | 2023-01-01 | $48,294,303 | book value | 474365018 | 4001 S 700 E Ste 700 | SLC | UT | 84107 | 501(c)(3) |
| Western Governors University | |||||||||
| Pledge Receivables | 2023-01-01 | $5,600,992 | book value | 474365018 | 4001 S 700 E Ste 700 | SLC | UT | 84107 | 501(c)(3) |
| Western Governors University | |||||||||
| Investments | 2023-01-01 | $320,731 | broker statement | 474365018 | 4001 S 700 E Ste 700 | SLC | UT | 84107 | 501(c)(3) |
| Western Governors University | |||||||||
| Fixed assets | 2023-01-01 | $6,600,730 | book value | 474365018 | 4001 S 700 E Ste 700 | SLC | UT | 84107 | 501(c)(3) |
| Western Governors University | |||||||||
| Capitalized program development costs | 2023-01-01 | $4,218,588 | book value | 474365018 | 4001 S 700 E Ste 700 | SLC | UT | 84107 | 501(c)(3) |
| Western Governors University | |||||||||
| Prepaids | 2023-01-01 | $5,709,311 | book value | 474365018 | 4001 S 700 E Ste 700 | SLC | UT | 84107 | 501(c)(3) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Director Of Successor2 | Yes (true) | DirectorOfSuccessor2Ind |
| Employee Of Successor2 | false | EmployeeOfSuccessor2Ind |
| Owner Of Successor2 | false | OwnerOfSuccessor2Ind |
| Receive Compensation2 | false | ReceiveCompensation2Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE N, PART II, LINE 2A: | FormAndLineReferenceDesc |
| Explanation | ON JANUARY 1, 2023 THE ENTITIES PREVIOUSLY KNOWN AS WESTERN GOVERNORS UNIVERSITY AND THE CORPORATION OF WESTERN GOVERNORS UNIVERSITY WERE RE STRUCTURED TO STREAMLINE BOARD-LEVEL GOVERNANCE, SUCH THAT THE ENTITY PREVIOUSLY KNOWN AS THE CORPORATION OF WESTERN GOVERNORS UNIVERSITY BECAME THE UNIVERSITY, WHILE THE ENTITY PREVIOUSLY KNOWN AS WESTERN GOVERNORS UNIVERSITY BECAME A SUPPORTIVE, ADMINISTRATIVE PARENT OF THE UNIVERSITY AND OTHER RELATED ENTITIES. TO THIS END, THE ENTITY PREVIOUSLY KNOWN AS WESTERN GOVERNORS UNIVERSITY WAS RENAMED TO "WGU CORPORATION", WHILE THE ENTITY PREVIOUSLY KNOWN AS THE CORPORATION OF WESTERN GOVERNORS UNIVERSITY WAS RENAMED TO "WESTERN GOVERNORS UNIVERSITY". THIS RE-STRUCTURING INVOLVED THE TRANSFER OF EMPLOYEES BETWEEN THE TWO ENTITIES AND CERTAIN TRUSTEES OF WGU CORPORATION BECOMING TRUSTEES OF THE NEW WESTERN GOVERNORS UNIVERSITY. IN ADDITION, TO EFFECT A TRANSFER OF OPERATIONS BETWEEN THE TWO ENTITIES, ASSETS WERE SOLD AND LIABILITIES WERE TRANSFERRED. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (13 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 2: | DURING FY23 THE ORGANIZATION BEGAN OPERATING AS A FUNCTIONALLY INTEGRATED SUPPORTING ORGANIZATION TO SUPPORT THREE OTHER NOT-FOR-PROFIT ENTITIES. AS A RESULT, THE ORGANIZATION BEGAN PROVIDING ADMINISTRATIVE SERVICES TO THESE ENTITIES DURING THE FISCAL YEAR. |
| FORM 990, PART III, LINE 3: | THE UNIVERSITY OPERATIONS HOUSED WITHIN THE ORGANIZATION WERE TRANSFERRED TO ANOTHER 501(C)(3) ORGANIZATION, WHICH ASSUMED THE NAME "WESTERN GOVERNORS UNIVERSITY". AS A RESULT, THE ORGANIZATION CEASED ITS UNIVERSITY OPERATIONS PROGRAM DURING THE FISCAL YEAR. |
| FORM 990, PART VI, SECTION A, LINE 4: | THE ORGANIZATION WAS MADE THE SOLE MEMBER OF THE CORPORATION OF WESTERN GOVERNORS UNIVERSITY (CWGU) (47-4365018) EFFECTIVE JANUARY 1, 2023. CHANGES WERE MADE TO THE ARTICLES OF INCORPORATION AND BYLAWS OF CWGU AND OTHER SUBSIDIARIES TO QUALIFY THE ORGANIZATION AS A TYPE III, FUNCTIONALLY INTEGRATED SUPPORTING ORGANIZATION ("FISO") UNDER IRS RULES. THE ORGANIZATION WAS RENAMED FROM "WESTERN GOVERNORS UNIVERSITY" TO "WGU CORPORATION". CLARIFICATION WAS ALSO MADE TO THE ORGANIZATION'S BYLAWS THAT SITTING STATE GOVERNORS WILL BE DIRECTORS ON THE BOARD OF CWGU, NOT THE ORGANIZATION. |
| FORM 990, PART VI, SECTION B, LINE 11B: | THE FORM 990 IS REVIEWED BY THE ORGANIZATION OFFICERS AND DISTRIBUTED TO THE BOARD FOR REVIEW PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C: | MONITORING AND ENFORCING THE CONFLICT OF INTEREST POLICY - THE UNIVERSITY'S CONFLICT OF INTEREST POLICY IS DOCUMENTED IN THE EMPLOYEE HANDBOOK. EACH NEW EMPLOYEE IS REQUIRED TO SIGN A DECLARATION THAT THEY HAVE READ AND UNDERSTAND THE UNIVERSITY'S EMPLOYEE HANDBOOK. THE UNIVERSITY RELIES ON ITS EMPLOYEES TO SELF-MONITOR AND SELF-REPORT COMPLIANCE TO ALL EMPLOYEE POLICIES AND PROCEDURES INCLUDING CONFLICT OF INTEREST ISSUES. ANY REPORTED VIOLATIONS OF THE CONFLICT OF INTEREST POLICY ARE AGGRESSIVELY INVESTIGATED AND PROPERLY RESOLVED. |
| FORM 990, PART VI, SECTION B, LINE 15 A & B: | THE FINANCE AND COMPENSATION COMMITTEE HIRES A COMPENSATION CONSULTANT EVERY OTHER YEAR TO REVIEW THE ORGANIZATION'S COMPENSATION TO EMPLOYEES. THE MOST RECENT REVIEW WAS FOR FY21-FY22. IN ADDITION, THE ORGANIZATION PARTICIPATES IN 3 - 5 COMPENSATION SURVEYS IN ORDER TO BENCHMARK ITS COMPENSATION AT LEAST ANNUALLY. THE FINANCE AND COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS AND APPROVES THE BASE COMPENSATION, BONUS TYPES, BONUS POTENTIALS, AND THE PERFORMANCE GOALS FOR THE ORGANIZATION. OFFICERS AND KEY EMPLOYEES REVIEW COMPENSATION FOR THEIR RESPECTIVE EMPLOYEES. |
| FORM 990, PART VI, SECTION C, LINE 19: | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AFTER RECEIPT OF A TIMELY WRITTEN NOTICE. |
| FORM 990, PART XI, LINE 9: | OTHER CHANGES IN NET ASSETS OR FUND BALANCES: CAPITAL CONTRIBUTIONS : $750,000 NET ASSETS TRANSFERRED FROM WGU TO WGU CORPORATION : $199,636 NET ASSETS TRANSFERRED FROM WGU ADVANCEMENT TO WGU CORPORATION: $12,826,174 --------- TOTAL : $13,775,810 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:LEARNING RESOURCES TOTAL FEES:24315565 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:PEOPLE & TLNT SHARED SVCS TOTAL FEES:15809599 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:CONSULTING SERVICES TOTAL FEES:12603479 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:OPERATIONS SHARED SVCS TOTAL FEES:8981771 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:OTHER FEES FOR SERVICES TOTAL FEES:36265960 |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (10 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| Juvo Ventures LLC | |||||||||
| 4001 S 700 E STE 700 | Salt Lake City | UT | 84107 | 834287681 | SEE PART VII | UT | $537,500 | $25,775 | WGU CORP |
| Juvo Ventures Fund GP LLC | |||||||||
| 4001 S 700 E STE 700 | Salt Lake City | UT | 84107 | 843708387 | SEE PART VII | UT | -$8,394 | $912,603 | WGU CORP |
| WGU Holding LLC | |||||||||
| 4001 S 700 E STE 700 | Salt Lake City | UT | 84107 | 843853956 | SEE PART VII | UT | $0 | $0 | WGU CORP |
| Pineview Financial LLC | |||||||||
| 4001 S 700 E STE 700 | Salt Lake City | UT | 84107 | 871704174 | SEE PART VII | UT | $0 | $0 | WGU CORP |
| Suncrest Financial LLC | |||||||||
| 4001 S 700 E STE 700 | Salt Lake City | UT | 84107 | 871704350 | SEE PART VII | UT | $0 | $13,367 | WGU CORP |
| Open Skills Network LLC | |||||||||
| 4001 S 700 E STE 700 | Salt Lake City | UT | 84107 | 320719591 | SEE PART VII | UT | $0 | $0 | WGU CORP |
| WGU Reserve LLC | |||||||||
| 4001 S 700 E STE 700 | Salt Lake City | UT | 84107 | 923281653 | SEE PART VII | UT | $0 | $2,000,000 | WGU CORP |
| Amplio Management Group LLC | |||||||||
| 4001 S 700 E STE 700 | Salt Lake City | UT | 84107 | 923153139 | SEE PART VII | UT | $0 | $0 | WGU CORP |
| Pathway Services Group LLC | |||||||||
| 4001 S 700 E STE 700 | Salt Lake City | UT | 84107 | 923112854 | SEE PART VII | UT | $0 | $0 | WGU CORP |
| Opportunity Partners LLC | |||||||||
| 4001 S 700 E STE 700 | Salt Lake City | UT | 84107 | 923103380 | SEE PART VII | UT | $0 | $0 | WGU CORP |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (11 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Western Governors University | ||||||||||
| 4001 S 700 E STE 700 | Salt Lake City | UT | 84107 | 474365018 | School | UT | 501(c)(3) | 2 | WGU CORP | Yes (true) |
| WGU Labs | ||||||||||
| 4001 S 700 E STE 700 | Salt Lake City | UT | 84107 | 824523369 | Research & De | UT | 501(c)(3) | 10 | WGU CORP | Yes (true) |
| WGU Advancement | ||||||||||
| 4001 S 700 E STE 700 | Salt Lake City | UT | 84107 | 824547364 | Fundraising | UT | 501(c)(3) | 12A | WGU CORP | Yes (true) |
| WGU Academy | ||||||||||
| 4001 S 700 E STE 700 | Salt Lake City | UT | 84107 | 852768979 | School | UT | 501(c)(3) | 2 | WGU CORP | Yes (true) |
| WGU Indiana Inc | ||||||||||
| 333 N Alambama St Ste 250 | Indianapolis | IN | 46204 | 273530075 | School | IN | 501(c)(3) | 2 | WGU CORP | false |
| WGU Washington Inc | ||||||||||
| 220435 72nd Ave S 301 | Kent | WA | 98032 | 463681966 | School | WA | 501(c)(3) | 2 | WGU CORP | false |
| WGU Texas Inc | ||||||||||
| 402-A Palm Valley Blvd PMB 323 | Round Rock | TX | 78664 | 463688170 | School | TX | 501(c)(3) | 2 | WGU CORP | false |
| WGU Missouri Inc | ||||||||||
| 8000 Maryland Ave Ste 410 | St Louis | MO | 63105 | 463698226 | School | MO | 501(c)(3) | 2 | WGU CORP | false |
| WGU Tennessee Inc | ||||||||||
| 501 Corporate Centre Dr Ste 390 | Franklin | TN | 37067 | 463707548 | School | TN | 501(c)(3) | 2 | WGU CORP | false |
| Miller Bullen Hansen Scholarship Fdn | ||||||||||
| 595 S Riverwoods Parkway Ste 400 | Logan | UT | 84321 | 472548348 | Support | UT | 501(c)(3) | 12A | WGU CORP | false |
| Hansen Scholars WGU Foundation Inc | ||||||||||
| 595 S Riverwoods Parkway Ste 400 | Logan | UT | 84321 | 472570865 | Support | UT | 501(c)(3) | 12A | WGU CORP | false |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (true) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (true) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | Yes (true) | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | Yes (true) | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (true) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (true) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (true) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (19 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| WESTERN GOVERNORS UNIVERSITY | ||
| b | $1,766,736 | CASH |
| WGU ACADEMY | ||
| b | $10,801,316 | CASH |
| WGU ADVANCEMENT | ||
| b | $1,722,394 | CASH |
| WGU LABS | ||
| b | $8,165,944 | CASH |
| WGU ADVANCEMENT | ||
| c | $727,910 | CASH |
| MILLER BULLEN HANSEN SCHOLARSHIP FOUNDATION | ||
| c | $120,000 | CASH |
| HANSEN SCHOLARS WGU FOUNDATION INC | ||
| c | $90,000 | CASH |
| WESTERN GOVERNORS UNIVERSITY | ||
| g | $70,744,654 | BV - ASSET SOLD |
| WESTERN GOVERNORS UNIVERSITY | ||
| h | $20,216,285 | BV - ASSET SOLD |
| WESTERN GOVERNORS UNIVERSITY | ||
| j | $4,629,557 | SPACE OCCUPIED |
| WGU ADVANCEMENT | ||
| j | $62,346 | SPACE OCCUPIED |
| WGU ACADEMY | ||
| j | $168,044 | SPACE OCCUPIED |
| WESTERN GOVERNORS UNIVERSITY | ||
| l | $90,246,900 | HEADCOUNT |
| WGU ACADEMY | ||
| l | $2,099,389 | HEADCOUNT |
| WGU ADVANCEMENT | ||
| l | $29,993 | HEADCOUNT |
| WGU LABS | ||
| l | $772,550 | HEADCOUNT |
| WESTERN GOVERNORS UNIVERSITY | ||
| m | $43,849,246 | HEADCOUNT |
| WGU ACADEMY | ||
| m | $963,000 | HEADCOUNT |
| WGU LABS | ||
| m | $600,982 | SERVICE HOURS |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE R, PART I, COLUMN B: | FormAndLineReferenceDesc |
| Explanation | NAME: Juvo Ventures, LLC PRIMARY ACTIVITY: SOCIAL IMPACT NAME: Juvo Ventures Fund GP, LLC PRIMARY ACTIVITY: General partner of fund NAME: WGU Holding, LLC PRIMARY ACTIVITY: Hold intellectual property NAME: Pineview Financial, LLC PRIMARY ACTIVITY: Pursue alternative financing NAME: Suncrest Financial, LLC PRIMARY ACTIVITY: Pursue alternative financing NAME: Open Skills Network, LLC PRIMARY ACTIVITY: Higher education initiative NAME: WGU Reserve, LLC PRIMARY ACTIVITY: Hold investments NAME: Amplio Management Group, LLC PRIMARY ACTIVITY: Manage investment entities NAME: Pathway Services Group, LLC PRIMARY ACTIVITY: Manage academic ventures NAME: Opportunity Partners, LLC PRIMARY ACTIVITY: Manage supporting operations | ExplanationTxt |