Wagner University Inc is located in Corona, CA. The organization was established in 2018. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 12/2022, Wagner University Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wagner University Inc 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 12/2022, Wagner University Inc generated $681.5k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $723.1k during the year ending 12/2022. While expenses have increased by 4.4% per year over the past 4 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO IGNITE AND TRAIN A GENERATION OF REVIVALISTS AND REFORMERS TO BRING ABOUT A GLOBAL MOVEMENT OF TRANSFORMATION (EPH. 4:11-13; MATT. 28:18-20)
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ACCOMPLISH ITS MISSION, WAGNER UNIVERSITY PROVIDES PRIMARILY ONLINE UNDERGRADUATE, GRADUATE, AND DOCTORAL PROGRAMS OF STUDY. EDUCATIONAL / TRAINING PROGRAMS ARE COHORT-BASED, BUILDING RELATIONSHIP AND COMMUNITY BETWEEN THE COHORT MEMBERS. EACH COHORT IS BETWEEN 12 TO 18 STUDENTS. EDUCATIONAL PROGRAMS ARE NON-ACCREDITED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Wanli Yang Vice President & Treasurer | OfficerTrustee | 40 | $61,991 |
Greg Wallace Secretary | OfficerTrustee | 40 | $33,863 |
Che Ahn President & Chancellor | OfficerTrustee | 1 | $0 |
Cindy Jacobs Board Member | Trustee | 0 | $0 |
Sue Ahn Board Member | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $270,949 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $270,949 |
Total Program Service Revenue | $410,574 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $681,523 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $73,935 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $95,854 |
Compensation of current officers, directors, key employees. | $61,991 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $235,642 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $26,104 |
Fees for services: Management | $0 |
Fees for services: Legal | $575 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $32,610 |
Advertising and promotion | $19,893 |
Office expenses | $23,685 |
Information technology | $11,028 |
Royalties | $0 |
Occupancy | $29,560 |
Travel | $28,995 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $42,803 |
Interest | $31,393 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $40,808 |
All other expenses | $19,193 |
Total functional expenses | $723,122 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,129 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | -$35 |
Total assets | $5,094 |
Accounts payable and accrued expenses | $50,915 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $18,058 |
Other liabilities | $0 |
Total liabilities | $68,973 |
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 |
Retained earnings, endowment, accumulated income, or other funds | -$63,879 |
Total liabilities and net assets/fund balances | $5,094 |