2025-07-02T15:00:01+00:00 2024-08-31 440160260 Forvis Mazars LLP 14221 Dallas Parkway Suite 400 Dallas TX 75254 990 2023-09-01 751596658 Parker University PARK 9724386932 2540 Walnut Hill Lane Dallas TX 752295609 Dr William Morgan President 2025-07-02 true true Jeanette Verrelli P00742631 9727028262 2025-07-15 2023 2025-03-06 01:10:19Z Dr William Morgan 2540 Walnut Hill Lane Dallas TX 752295609 95763041 false X www.parker.edu X 1978 TX PARKER UNIVERSITY IS A LEADING HEALTHCARE EDUCATOR, DEVELOPING SKILLED AND COMPASSIONATE PROFESSIONALS IN CHIROPRACTIC, ALLIED HEALTH AND BUSINESS-RELATED FIELDS. 15 14 630 50 73400 0 5550861 2983370 76132913 82353808 231482 2056466 257731 50606 82172987 87444250 10299985 9123481 0 0 37639523 41139488 0 0 750626 30943544 36658654 78883052 86921623 3289935 522627 138730727 144464285 22014026 22204166 116716701 122260119 X PARKER UNIVERSITY IS A REGIONALLY ACCREDITED PRIVATE UNIVERSITY THAT OFFERS CERTIFICATE, UNDERGRADUATE AND GRADUATE DEGREE PROGRAMS IN HEALTHCARE AND BUSINESS-RELATED FIELDS THROUGH MULTIPLE DELIVERY FORMATS AND LEARNING ENVIRONMENTS. THE UNIVERSITY ESPOUSES A CULTURE OF LIFELONG LEARNING, RESEARCH AND SERVICE. PARKER UNIVERSITY PROVIDES ITS DIVERSE POPULATION WITH SUPPORT SERVICES AND LEARNING OPPORTUNITIES TO DEVELOP THE NECESSARY SKILLS FOR SUCCESSFUL EMPLOYMENT AND CAREER ADVANCEMENT. false false 30656882 1630158 59201910 THE UNIVERSITY'S DOCTOR OF CHIROPRACTIC PROGRAM IS BOTH RIGOROUS AND COMPREHENSIVE, LEVERAGING THE LATEST RESEARCH AND TECHNOLOGY AND FEATURING A RESEARCH FACILITY AND AN INTEGRATED CLINICAL EXPERIENCE AT ONE OF ITS TWO PUBLIC CLINICS OR THROUGH OFFSITE INTERNSHIPS AT PARTICIPATING HOSPITALS AND PRIVATE PRACTICES. THE PROGRAM IS DESIGNED TO DEVELOP SKILLED PROFESSIONALS DEVOTED TO THE PRACTICE OF COMPASSIONATE, PATIENT-CENTERED AND EVIDENCE-BASED CARE. 20034014 7493323 18504133 THE UNIVERSITY OFFERS CERTIFICATE, UNDERGRADUATE, AND GRADUATE PROGRAMS IN HEALTHCARE AND BUSINESS-RELATED FIELDS IN ITS COLLEGE OF HEALTH SCIENCES AND ITS COLLEGE OF BUSINESS AND TECHNOLOGY. SUCH PROGRAMS FEATURE DYNAMIC LEARNING ENVIRONMENTS AND OFFER MULTIPLE DELIVERY FORMATS. 5515712 0 2589353 PARKER UNIVERSITY PROVIDES ETHICAL, WELL RESEARCHED, AND RELEVANT CONTINUING EDUCATION TO HEALTH AND WELLNESS PROFESSIONALS IN THE VIRTUAL CLASSROOM OR AT ONE OF ITS VARIOUS SEMINARS HOSTED ANNUALLY IN DALLAS OR LAS VEGAS. 2625573 0 2178300 Synapse Management Services 2625573 2178300 58832181 true true false true false false false false true true false false false true true false true true false false false false false true false false true true true false false false false false false true false true false false false false true true true false false true 293 0 true 630 true true true false false false false false false false false false false false X 15 14 false false false false false false false true true false false true true true true true true true true false X Jeanne Reese 8173082977 2540 Walnut Hill Lane Dallas TX 752295609 George Linscott Treasurer 2.0 0 X X 0 0 0 John Huston Assistant Treasurer 2.0 0 X X 0 0 0 Patrick Mahaffey Secretary 2.0 0 X X 0 0 0 Robert Rosenbaum MD FAANS Vice Chairman 2.0 0 X X 0 0 0 Steven W Brooks DC Chairman 2.0 0 X X 0 0 0 Amy Wood DC Trustee 2.0 0 X 0 0 0 Dilhar De Silva Trustee 2.0 0 X 0 0 0 Gery Hochanadel PhD Trustee 2.0 0 X 0 0 0 Joseph Seabrooks Trustee 2.0 0 X 0 0 0 Oliver Smith Jr DC Trustee 2.0 0 X 0 0 0 Richard Harris Trustee 2.0 0 X 0 0 0 Sean McKenna Trustee 2.0 0 X 0 0 0 Shelby Loughridge Trustee 2.0 0 X 0 0 0 Tony DeRamus Trustee 2.0 0 X 0 0 0 Vincent Scheffler DC CCSP Trustee 2.0 0 X 0 0 0 Donald L McNutt VP/Chief Operations Officer 50.0 0 X 303844 0 54369 Jayne Moschella DC EVP/Provost 30.0 10.0 X 364757 0 40349 William E Morgan DC President 48.0 2.0 X 584259 0 57587 Christopher Michael Williams Chief Marketing Officer 50.0 0 X 210932 0 25305 Jeanne Marie Reese CFO 48.0 2.0 X 208368 0 47714 Patrick Bodnar Assistant Provost 50.0 0 X 172680 0 46865 Rabia Bibi Khan Medical Neurologist 50.0 0 X 358433 0 22892 Trevor Kyle Jones Chief Information Officer 50.0 0 X 202020 0 31481 2405293 0 326562 73 false true false Southeast Service Corporation 2400 Yorkmont Road Charlotte NC 28217 Facilities/Maintenance 1748436 SAGE Dining Services Inc 1402 York Road Suite 100 Lutherville MD 21093 Dining Service 1403399 Steffen Bart J 9798 FM 1565 Terrell TX 75160 Construction 1086898 Tactical Protection Services 1701 Payne Street Ste 2301 Dallas TX 75201 Security 984555 American Program Bureau Inc One Gateway Center Ste 751 Newton MA 02458 Seminar Speakers 878945 51 212023 20500 2679321 71526 67359 2983370 Tuition and Fees 611310 78044799 78044799 Educational Clinic 611310 1155636 1155636 Dining and Other Auxiliary 611310 1169653 1169653 Synapse Management Services 541610 1983720 1983720 0 0 0 0 82353808 1672684 1672684 37028 37028 0 37028 37028 7770040 7386258 383782 0 383782 383782 60787 212023 258591 -197804 -197804 827045 673942 153103 79703 73400 Miscellaneous Revenue 900099 58279 40185 18094 0 0 0 0 58279 87444250 82473696 73400 1913784 24516 24516 9098965 9098965 0 0 1405165 405106 871690 128369 100226 100226 30931466 23292366 7350338 288762 1244396 1016728 211846 15822 4796845 161374 4635471 2661390 2093852 542208 25330 159171 102422 56749 166475 166475 90000 90000 3072856 2442685 604640 25531 3416564 1737311 1676437 2816 965938 534373 419897 11668 4231379 2228897 2002482 8416839 3040771 5374631 1437 1129139 776290 340366 12483 1155448 373127 686728 95593 2442 1756 686 4377828 3667181 568518 142129 1118320 89440 1028880 Seminar Expenses 2385941 2385941 Student Life 1615604 1580385 35219 Bad Debt Expense 950220 950220 Dues & Subscription 733417 208129 525288 2671073 2521876 149197 0 86921623 58832181 27338816 750626 28474610 27743057 205000 132500 8012660 9856221 0 0 0 726226 530991 1634189 2498849 85887912 31772775 55261233 54115137 40237060 46702650 0 0 4179749 2884880 138730727 144464285 19205945 19872976 168965 148521 0 2639116 2182669 22014026 22204166 X 114816701 120140119 1900000 2120000 116716701 122260119 138730727 144464285 522627 5020791 0 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 90000 0 90000 0 86531388 0 86621388 0 1000000 0 250000 0 0 0 0 0 1000000 1000000 1000000 1000000 4000000 6000000 90000 90000 82500 90000 352500 250000 250000 250000 250000 1000000 1500000 0 0 0 0 0 40237060 5700 6459527 46702287 35508024 2024458 2704578 40237060 40855856 4000 -5333832 18000 35508024 33892719 4000 6991137 32000 40855856 1250136 29496367 3174037 27821 33892719 0.9639 0.0361 0.0 false false 2271175 2271175 46153048 15192845 30960203 9450956 2044002 7406954 16480750 11529713 4951037 11531983 3006215 8525768 54115137 Capital Lease Obligations Lease Liability 2182669 2182669 X Schedule D, Part V, Line 4 Intended uses of endowment funds THE UNIVERSITY'S ENDOWMENT PROVIDES STABLE FINANCIAL SUPPORT TO A WIDE VARIETY OF PROGRAMS AND ACTIVITIES IN PERPETUITY. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE UNIVERSITY AND ITS CONSOLIDATED ENTITIES ARE EXEMPT FROM FEDERAL INCOME TAXES EXCEPT TO THE EXTENT THEY HAVE UNRELATED BUSINESS INCOME. IN ADDITION, THERE WERE NO UNCERTAIN INCOME TAX POSITIONS DURING THE REPORTING PERIODS. ACCORDINGLY, NO TAX LIABILITY OR TAX BENEFIT IS REQUIRED UNDER ASC 740, INCOME TAXES. true true true true true false false false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY THE UNIVERSITY PUBLISHES ITS POLICY IN ITS WRITTEN COMMUNICATIONS TO THE PUBLIC REGARDING STUDENT ADMISSIONS, ITS PROGRAMS AND SCHOLARSHIP OFFERINGS. THE POLICY IS ALSO PUBLISHED IN ITS STUDENT HANDBOOK, HUMAN RESOURCES HANDBOOK AND ON ITS EMPLOYMENT APPLICATIONS. THE POLICY WAS RECENTLY ADDED TO THE UNIVERSITY'S WEBSITE HOMEPAGE. Schedule E, Part I, Line 4(d) RECORDS AND COPIES MAINTAINED BY THE ORGANIZATION THE UNIVERSITY HAS A PRACTICE OF MAINTAINING SUCH RECORDS. IN OCTOBER OF 2019, A TORNADO STRUCK THE UNIVERSITY DESTROYING A SIGNIFICANT PORTION OF THE UNIVERSITY'S RECORD REPOSITORIES. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT THE UNIVERSITY RECEIVES FEDERAL TITLE IV AND STATE FINANCIAL AID FUNDS FOR ITS STUDENTS. THE UNIVERSITY ALSO RECEIVED FEDERAL ASSISTANCE FROM THE HIGHER EDUCATION EMERGENCY RELIEF FUND (HEERF) AUTHORIZED BY THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY (CARES) ACT. Gala 272810 212023 60787 66626 76575 115390 0 0 272810 212023 60787 66626 76575 115390 258591 -197804 true DC Program Scholarship 433 1155865 GAP Funding Scholarships 295 865756 Anatomy and Physiology Grants-Pre-DC 172 719721 Military Yellow Ribbon Grants 13 68648 Olympic Scholarships 4 86968 College of Chiropractic Masters (CCM) 457 4171210 Texas Equalization Grant-TEG 716 2030797 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. THE UNIVERSITY AWARDS SCHOLARSHIPS AND GRANTS IN THE UNITED STATES TO STUDENTS BASED ON MERIT OR NEED. THE UNIVERSITY'S SCHOLARSHIP COMMITTEE DETERMINES THE SCHOLARSHIPS TO BE AWARDED TO RECIPIENTS. ALL OTHER ASSISTANCE GIVEN TO U.S. ORGANIZATIONS WERE DONATED IN SUPPORT OF THE RECIPIENT'S EXEMPT PURPOSE. X X X false true X X X X false false false false false false false true false Donald L McNutt VP/Chief Operations Officer 269164 0 34000 0 680 0 16892 0 37477 0 358213 0 0 0 William E Morgan DC President 486981 0 50000 0 47278 0 19800 0 37787 0 641846 0 0 0 Jayne Moschella DC EVP/Provost 304419 0 37700 0 22638 0 18349 0 22000 0 405106 0 0 0 Patrick Bodnar Assistant Provost 171006 0 0 0 1674 0 10859 0 36006 0 219545 0 0 0 Trevor Kyle Jones Chief Information Officer 192020 0 10000 0 0 0 11838 0 19643 0 233501 0 0 0 Rabia Bibi Khan Medical Neurologist 313360 0 45000 0 73 0 16000 0 6892 0 381325 0 0 0 Jeanne Marie Reese CFO 185584 0 10000 0 12784 0 12131 0 35583 0 256082 0 0 0 Christopher Michael Williams Chief Marketing Officer 200502 0 10000 0 430 0 12162 0 13143 0 236237 0 0 0 Schedule J, Part I, Line 1b Written policy regarding payment or reimbursement of expenses THE UNIVERSITY'S BYLAWS ESTABLISH THE SOLE AUTHORITY OF THE BOARD TO DESIGN AND ESTABLISH THE COMPENSATION PACKAGE OF THE PRESIDENT, INCLUDING THE PAYMENT OF BONUSES. DURING THE FISCAL YEAR, THE UNIVERSITY PUBLISHED A WRITTEN POLICY FOR THE GROSS UP OF BONUSES PAID TO EMPLOYEES. Schedule J, Part I, Line 7 Non-fixed payments THE EXECUTIVE COMMITTEE RECOMMENDS AND BOARD OF TRUSTEES MUST APPROVE BONUSES PAID TO THE PRESIDENT. PERFORMANCE-BASED BONUSES ARE PAID TO KEY EMPLOYEES AT THE DISCRETION OF THE PRESIDENT. Schedule J, Part I, Line 1a Benefits Provided to Individuals THE UNIVERSITY DURING THE TAX YEAR GROSSED UP BONUSES PAID TO ITS EMPLOYEES, INCLUDING BUT NOT LIMITED TO LISTED PERSONS. THE ORGANIZATION PROVIDES BENEFITS AS INDICATED IN LINE 1A TO THE ORGANIZATION'S PRESIDENT WILLIAM MORGAN AS PART OF HIS TAXABLE COMPENSATION: HOUSING ALLOWANCE AND SPOUSAL TRAVEL. Gery Hochanedel II Trustee's Family Member 100226 Salaries/Wages false Oliver Smith Trustee 121000 Consulting Fees false X Impact Cryotherapy Chamber 1 28945 Selling cost X Auction Items 54 38414 Market value 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Other - Impact Cryotherapy Chamber Number of Contributions Other - Auction Items Number of Contributions Form 990, Part III, Line 4d Description of other program services (Expenses $ 2,625,573 including grants of $ 0)(Revenue $ 2,178,300) Synapse Management Services Form 990, Part VI, Line 11b Review of form 990 by governing body PRIOR TO FILING, THE UNIVERSITY DISTRIBUTES THE FORM 990 TO THE BOARD OF TRUSTEES, REQUESTING EACH MEMBER TO REVIEW THE RETURN AND FORWARD ANY QUESTIONS OR COMMENTS TO MANAGEMENT. Form 990, Part VI, Line 12c Conflict of interest policy ANNUALLY, EACH TRUSTEE IS REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT, DECLARING THE PRESENCE OR ABSENCE OF A CONFLICT. THE BOARD IS THE ARBITER OF ANY IDENTIFIED CONFLICT AND MUST DOCUMENT ITS DECISION REGARDING SUCH MATTER. EMPLOYEES MUST COMPLY WITH THE CONFLICT OF INTEREST POLICY SET FORTH IN THE UNIVERSITY'S HANDBOOK. SUCH POLICY PROHIBITS THE EMPLOYEE'S INVOLVEMENT WITH FINANCIAL TRANSACTIONS IN WHICH THE EMPLOYEE OR AN IMMEDIATE FAMILY MEMBER HAS A MATERIAL FINANCIAL INTEREST. EMPLOYEES ARE REQUIRED TO REPORT POTENTIAL CONFLICTS IMMEDIATELY UPON THEIR DISCOVERY. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES CONDUCTS AT LEAST ANNUALLY A REVIEW OF THE COMPENSATION OF THE UNIVERSITY'S PRESIDENT. SUCH REVIEW IS DOCUMENTED IN THE MEETING MINUTES. AS A BASIS FOR DETERMINING COMPENSATION DURING THE CURRENT TAX YEAR, THE COMMITTEE REVIEWED DATA SUPPLIED BY AN INDEPENDENT CONSULTANT AND COMPARABILITY DATA COMPILED AND PUBLISHED BY A PROFESSIONAL ASSOCIATION. Form 990, Part VI, Line 15b Process to establish compensation of other employees The HR team used an outside third-party company to perform a salary review of every faculty and staff position that are non-executive. Form 990, Part VI, Line 19 Required documents available to the public THE UNIVERSITY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC DURING THE TAX YEAR. Synapse Human Performance Centers 2540 Walnut Hill Lane Dallas TX 75229 842933777 Health Care TX 501(c)(3) 10 Parker U true parker performance therapies 2540 Walnut Hill Lane Dallas TX 75229 993868579 Health Care TX 501(c)(3) 10 Parker U true false false true false false false false false false true false true false false false false true true false