Worldquant University
- Assets
- $1.0m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 04/2016
- Data as of
- 06/2022
- EIN
- 47-3170111
Organization Overview
Worldquant University is located in New Orleans, LA. The organization was established in 2016. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Worldquant 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 06/2022, Worldquant University generated $1.5m in total revenue.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE UNIVERSITY'S MISSION IS TO MAKE INNOVATIVE, HIGH-QUALITY QUANTITATIVE FINANCE EDUCATION ACCESSIBLE TO STUDENTS WORLDWIDE, IN A GLOBALLY RELEVANT MANNER APPROPRIATE FOR STUDENTS IN BOTH EMERGING AND ESTABLISHED MARKETS.TO ACCOMPLISH ITS MISSION, THE UNIVERSITY BEGAN TO DEVELOP A TUITION-FREE ONLINE SCHOOL DURING FISCAL YEAR ENDED JUNE 30, 2015 AND COMPLETED THE DEVELOPMENT DURING THE FISCAL YEAR ENDED JUNE 30, 2016. THE SCHOOL OFFERS A GRADUATE LEVEL EDUCATIONAL PROGRAM LEADING TO A MASTER OF SCIENCE IN QUANTITATIVE FINANCE WITH CONCENTRATION IN ALPHA DESIGN. THE PROGRAM IS OPERATIONAL AS OF JANUARY 11, 2016.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daphne Kis CEO | 30 | $360,000 | |
Nicholas Goodbody Chief Data Scientist | 40 | $203,000 | |
Kasarah Swart Kaushal Student Success Coor | 40 | $97,938 | |
Gabriella Maiello Academic Dean | 40 | $93,100 | |
Anne Elbert Program Manager | 40 | $82,104 | |
Jon Marom Vice President | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jdi | 6/29/22 | $293,752 |
The Data Incubator | 6/29/22 | $291,573 |
Hubble Studio | 6/29/22 | $265,769 |
Mediawrkz Inc | 6/29/22 | $150,000 |
Gregory Ciresi | 6/29/22 | $188,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,647,450 |
| Interest on Savings | $1,805 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,131,205 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,518,050 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $360,000 |
| Other employee salaries and wages | $495,107 |
| Pension plans, employee benefits | $170,992 |
| Interest | $0 |
| Taxes | $56,829 |
| Depreciation | $139,095 |
| Occupancy | $11,155 |
| Travel, conferences, and meetings | $16,199 |
| Printing and publications | $0 |
| Other expenses | $811,977 |
| Total operating and administrative expenses | $3,481,107 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $3,481,107 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $873,222 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,560 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $86,500 |
| Other assets | $76,400 |
| Total assets | $1,039,682 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Worldquant University has recieved totaling $3,447,450.
| Awarding Organization | Amount |
|---|---|
Worldquant Foundation Old Greenwich, CT PURPOSE: EDUCATIONAL PURPOSE | $3,447,450 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hallmark University Inc San Antonio, TX | $50,738,491 | $19,939,747 |
College Of Biblical Studies-Houston Houston, TX | $14,076,191 | $8,568,117 |
University Of Central Arkansas Foundation Inc Conway, AR | $76,302,395 | $12,983,167 |
Southern University System Foundation Baton Rouge, LA | $59,341,239 | $13,209,342 |
Kings University Southlake, TX | $0 | $6,930,347 |
Amberton University Garland, TX | $60,380,717 | $9,173,181 |
Stephen F Austin State University Foundation Inc Nacogdoches, TX | $115,560,450 | $21,375,091 |
Texas A&m University-Kingsville Foundation Inc Kingsville, TX | $109,298,613 | $9,889,505 |
Baptist University Of The Americas San Antonio, TX | $13,785,547 | $6,893,983 |
Texas Southern University Foundation Houston, TX | $12,702,424 | $10,949,246 |
Nsu Foundation Inc Natchitoches, LA | $24,583,769 | $5,806,741 |
Southeastern Louisiana University Foundation Hammond, LA | $74,066,659 | $6,564,775 |