Northcentral University
- Assets
- $86.0m
- Revenue
- $145.3m
- Investments
- $0.0
- Employees
- 732
- Location
- San Diego, CA
- Founding
- 02/2008
- Data as of
- 06/2020
- EIN
- 90-0171867
Organization Overview
Northcentral University is located in San Diego, CA. The organization was established in 2008. According to its NTEE Classification (B40) the organization is classified as: Higher Education, under the broad grouping of Education and related organizations. As of 06/2021, Northcentral University employed 732 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northcentral 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 06/2020, Northcentral University generated $145.3m in total revenue. All expenses for the organization totaled $143.9m during the year ending 06/2020. While expenses have increased by 89.6% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS A POST-SECONDARY LEVEL EDUCATIONAL INSTITUTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE EDUCATION AND TRAINING TO PROFESSIONALS LOOKING TO ACHIEVE ACADEMICALLY, PROFESSIONALLY AND BECOME VALUABLE CONTRIBUTORS TO THEIR COMMUNITIES AND WITHIN THEIR PROFESSIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Harpool President | Officer | 45 | $598,613 |
John Lanear Provost | Officer | 45 | $425,620 |
Laurie Shanderson Dean, School Of Health Sciences | 45 | $206,850 | |
Robert Sapp Dean, School Of Technology | 45 | $201,213 | |
James Billings Dean, School Of Social And Behavioral Sciences | 45 | $189,538 | |
Andrew Riggle Dean, School Of Education | 45 | $183,684 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
National Education Partners Inc Admin Back Office And Student Support | 6/29/21 | $78,129,995 |
System Management Group Administrative And Back Office Services | 6/29/21 | $10,947,151 |
Ogletree Deakins Attorney | 6/29/21 | $157,557 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,125,239 |
| 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 | $145,274,941 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $14,340,841 |
| Grants and other assistance to Foreign Orgs/Individuals | $91,838 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,121,692 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $50,672,237 |
| Pension plan accruals and contributions | $249,176 |
| Other employee benefits | $1,372,633 |
| Payroll taxes | $6,587,761 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $164,441 |
| 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 | $6,393,800 |
| Advertising and promotion | $31,750,228 |
| Office expenses | $876,654 |
| Information technology | $4,613 |
| Royalties | $0 |
| Occupancy | $2,698,016 |
| Travel | $1,247,133 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $342,548 |
| Interest | $84,231 |
| Payments to affiliates | $12,071,295 |
| Depreciation, depletion, and amortization | $6,510,997 |
| Insurance | $5,517 |
| All other expenses | $0 |
| Total functional expenses | $143,879,196 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,997,199 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,976,119 |
| 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 | $1,396,319 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $57,761,550 |
| Intangible assets | $0 |
| Other assets | $388,292 |
| Total assets | $86,005,227 |
| Accounts payable and accrued expenses | $2,224,176 |
| Grants payable | $0 |
| Deferred revenue | $13,519,639 |
| 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 | $395,453 |
| Total liabilities | $16,139,268 |
| 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 | $69,865,959 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Northcentral University has recieved totaling $140.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $140 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Arizona Global Campus Chandler, AZ | $127,007,579 | $300,702,806 |
Northcentral University San Diego, CA | $86,005,227 | $145,274,941 |
Roseman University Of Health Sciences A Nevada Non-Profit Corp Henderson, NV | $331,227,679 | $100,313,649 |
Otis College Of Art And Design Los Angeles, CA | $107,442,066 | $65,971,720 |
Pacific Northwest College Of Art Portland, OR | $0 | $27,274,890 |
Southern California Institute Of Architecture Los Angeles, CA | $93,582,078 | $34,168,253 |
University Of The Nations Kona Inc Kailuakona, HI | $41,462,726 | $30,442,287 |
Laguna College Of Art And Design Laguna Beach, CA | $40,411,200 | $27,797,338 |
Alder Graduate School Of Education Redwood City, CA | $28,171,479 | $26,265,610 |
Brandman University Irvine, CA | $117,908,819 | $1,094,598 |
Associated Students Of The University Of Ca Santa Barbara Santa Barbara, CA | $8,921,011 | $13,694,895 |
San Francisco Art Institute San Francisco, CA | $51,051,251 | $7,740,556 |