National University
- Assets
- $1.6b
- Revenue
- $391.7m
- Investments
- $1.2b
- Employees
- 3,072
- Location
- San Diego, CA
- Founding
- 04/1972
- Data as of
- 06/2021
- EIN
- 23-7172306
Organization Overview
National University is located in San Diego, CA. The organization was established in 1972. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2022, National University employed 3,072 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National University is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, National University generated $391.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $428.5m during the year ending 06/2021. While expenses have increased by 9.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, National University has awarded 30 individual grants totaling $119,145,515. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
NATIONAL UNIVERSITY IS A POST SECONDARY LEVEL EDUCATIONAL INSTITUTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NATIONAL UNIVERSITY ("NU") IS A NOT-FOR-PROFIT UNIVERSITY, HEADQUARTERED IN SAN DIEGO, CALIFORNIA, FOUNDED IN 1971 TO SERVE THE NEEDS OF A DIVERSE GROUP OF STUDENTS. NU PROVIDES INNOVATIVE, CHALLENGING, ACCESSIBLE DEGREE OPPORTUNITIES TO MID-CAREER ADULTS, WOMEN RE-ENTERING THE WORKFORCE, MILITARY PERSONNEL, AND CULTURAL AND ETHNIC MINORITY GROUPS. NU IS ACCREDITED BY THE ACCREDITING COMMISSION FOR SENIOR COLLEGES AND UNIVERSITIES OF THE WESTERN ASSOCIATION OF SCHOOLS AND COLLEGES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ana Gomez Chapman Trustee (as Of 10/21) | Trustee | 3 | $0 |
Carlos Rodriguez Trustee | Trustee | 3 | $0 |
Dan Pittard Trustee | Trustee | 3 | $0 |
Dr E Lee Rice Vice Chair, Trustee | OfficerTrustee | 3 | $0 |
Dr Erlinda Martinez Trustee | Trustee | 3 | $0 |
Dr Michael Cunningham Chancellor, Trustee | OfficerTrustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
System Management Group Administrative And Back Office Services | 6/29/22 | $39,595,938 |
Google Inc Social Media Ads | 6/29/22 | $18,149,654 |
Facebook Inc Social Media Ads | 6/29/22 | $13,292,172 |
Mediassociates Inc Marketing Services | 6/29/22 | $12,504,596 |
National Education Partners Inc Administrative And Back Office Services | 6/29/22 | $7,055,044 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,463,960 |
| Investment income | $6,584,388 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $200,861 |
| Net Gain/Loss on Asset Sales | $123,612,153 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $391,699,793 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $34,143,353 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,330,167 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $84,191,608 |
| Pension plan accruals and contributions | $3,234,000 |
| Other employee benefits | $14,142,508 |
| Payroll taxes | $6,452,356 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $144,916 |
| Fees for services: Accounting | $217,574 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,655,379 |
| Fees for services: Other | $17,364,972 |
| Advertising and promotion | $54,350,315 |
| Office expenses | $2,330,183 |
| Information technology | $2,572,556 |
| Royalties | $0 |
| Occupancy | $6,319,954 |
| Travel | $61,913 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $142,759 |
| Interest | $14,922 |
| Payments to affiliates | $32,321,407 |
| Depreciation, depletion, and amortization | $3,331,781 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $428,475,327 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $55,089,163 |
| Pledges and grants receivable | $3,412,500 |
| Accounts receivable, net | $39,106,049 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $5,131,402 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $210,180,703 |
| Investments—other securities | $1,205,576,873 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $33,570,476 |
| Total assets | $1,578,654,080 |
| Accounts payable and accrued expenses | $20,442,136 |
| Grants payable | $0 |
| Deferred revenue | $24,467,006 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $109,664,789 |
| Total liabilities | $154,573,931 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $1,424,080,149 |
Grants Awarded
Over the last fiscal year, National University has awarded $32,957,926 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
NORTHCENTRAL UNIVERSITY (FKA WESTMED PURPOSE: OPERATIONS | $280,962 |
SYSTEMS MANAGEMENT GROUP PURPOSE: OPERATIONS | $28,547,033 |
JOHN F KENNEDY UNIVERSITY PURPOSE: OPERATIONS | $2,604,931 |
CITY UNIVERSITY OF SEATTLE PURPOSE: OPERATIONS | $1,500,000 |
FOUNDERS FIRST CDC INC PURPOSE: OPERATIONS | $25,000 |