Warner Pacific University
- Assets
- $31.3m
- Revenue
- $17.8m
- Investments
- $6.0m
- Employees
- 398
- Location
- Portland, OR
- Founding
- 11/2015
- Data as of
- 05/2022
- EIN
- 93-0386890
Organization Overview
Warner Pacific University is located in Portland, OR. The organization was established in 2015. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 05/2022, Warner Pacific University employed 398 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Warner Pacific 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 05/2022, Warner Pacific University generated $17.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $18.6m during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 7 years. 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
WARNER PACIFIC UNIVERSITY IS ACCREDITED BY THE NORTHWEST COMMISSION ON COLLEGES AND UNIVERSITIES. FOUNDED IN 1937, TODAY WPU OFFERS A FOUR-YEAR CHRISTIAN LIBERAL ARTS EDUCATION IN AN URBAN SETTING ON BEAUTIFUL MT. TABOR IN PORTLAND, OREGON. OUR CHRIST-CENTERED, LIBERAL ARTS APPROACH INVITES STUDENTS TO SEEK ANSWERS TO DIFFICULT QUESTIONS AND CHALLENGES THEM TO EXPAND THEIR COMFORT ZONES IN ORDER TO EXPLORE THE WAYS IN WHICH THEY UNDERSTAND SOCIETY, COMMUNITY, AND FAITH. FACULTY GUIDE CLASSES THROUGH REAL-WORLD SITUATIONS IN PROGRAMS FROM BUSINESS TO EDUCATION, NURSING, CRIMINAL JUSTICE, HEALTH SCIENCE AND MANY OTHER DEGREES. AT WARNER PACIFIC UNIVERSITY, STUDENTS DISCOVER THEIR PASSIONS, DEVELOP THEIR SKILLS, AND SERVE THE GREATER COMMUNITY. MOST STUDENTS QUALIFY FOR FINANCIAL AID.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WARNER PACIFIC UNIVERSITY IS DEDICATED TO SEEING INDIVIDUALS, FAMILIES, AND COMMUNITIES FLOURISH. AS AN URBAN COLLEGE DESIGNED TO SERVE STUDENTS FROM DIVERSE BACKGROUNDS, WE KNOW THAT FOR A CITY TO FLOURISH, ITS LEADERS MUST BE PREPARED TO ENGAGE ACTIVELY IN A CONSTANTLY CHANGING WORLD. AT WARNER PACIFIC, 58% OF STUDENTS COME FROM RACIALLY AND ETHNICALLY DIVERSE BACKGROUNDS AND 36% OF STUDENTS ARE THE FIRST IN THEIR FAMILY TO ATTEND COLLEGE. THROUGH VARIOUS ACADEMIC PROGRAMS, AS WELL AS A HUMANITIES CORE CURRICULUM, WARNER PACIFIC UNIVERSITY PREPARES STUDENTS TO BECOME ENGAGED CITIZENS THROUGH CAREER-FOCUSED LIBERAL ARTS PROGRAMS. A STUDENT-TO- FACULTY RATIO OF 13:1 ENSURES THAT PROFESSORS ARE COMMITTED TO GUIDING STUDENTS AS THEY DEVELOP AN ETHICAL PERSPECTIVE THAT INTEGRATES THEIR BELIEF SYSTEM TO THEIR CHOSEN AREA OF STUDY. THROUGH PROFESSIONAL AND GRADUATED STUDIES, WARNER PACIFIC UNIVERSITY ALSO PROVIDES ADULT LEARNERS A CONVENIENT, PERSONALIZED, AND AFFORDABLE DEGREE COMPLETION PROGRAM AVAILABLE ONE NIGHT A WEEK OR ONLINE.
RESIDENCE LIFE AT WARNER PACIFIC UNIVERSITY IS COMMITTED TO CULTIVATING A RESPONSIBLE LIVING AND LEARNING ENVIRONMENT WHERE HOLISTIC GROWTH TAKES PLACES THROUGH DYNAMIC RELATIONSHIPS. OUR FACILITIES INCLUDE TWO RESIDENCE HALLS AND A VARIETY OF APARTMENTS AND HOUSES SPREAD ACROSS OUR MT. TABOR CAMPUS. OUR STAFF PROVIDES COMMUNITY BUILDING PROGRAMMING THAT CONNECTS STUDENTS TO EACH OTHER AND THE BROADER CAMPUS COMMUNITY. THE STUDENT DINING EXPERIENCE CENTERS ON GATHERING WITH OTHERS, CULINARY EXPERTISE, FRESH INGREDIENTS, HEALTHY OPTIONS, AND A SHARED SENSE OF ENVIRONMENTAL AND SOCIAL RESPONSIBILITY.
WARNER PACIFIC UNIVERSITY CONTINUES TO BE RECOGNIZED FOR DIVERSITY AND VALUE. IT IS THE MOST DIVERSE PRIVATE UNIVERSITY IN THE PACIFIC NORTHWEST. WARNER PACIFIC UNIVERSITY WAS OREGON'S FIRST FOUR-YEAR SCHOOL TO EARN THE PRESTIGIOUS HISPANIC-SERVING INSTITUTION (HSI) DESIGNATION FROM THE U.S. DEPARTMENT OF EDUCATION. THE UNIVERSITY RECEIVED ACCLAIMED RANKINGS BY THE U.S. NEWS & WORLD REPORT BEST COLLEGE 2021 EDITION; 5 BEST VALUE (UP FROM U.S. NEWS & WORLD REPORT BEST COLLEGE 2021 EDITION; 5 BEST VALUE (UP FROM BEST REGIONAL COLLEGES. THE SOCIAL MOBILITY CATEGORY RECOGNIZES THAT ECONOMICALLY DISADVANTAGED STUDENTS ARE LESS LIKELY THAN OTHERS TO FINISH COLLEGE, EVEN WHEN CONTROLLING FOR OTHER CHARACTERISTICS. WARNER PACIFIC IS AMONG THE INSTITUTIONS THAT IS PARTICULARLY FOCUSED ON THE SUCCESS OF ETHNICALLY DIVERSE AND ECONOMICALLY DISADVANTAGED STUDENTS. WARNER PACIFIC RANKED FOURTH IN A LISTING OF OREGON PRIVATE COLLEGES FOR HAVING THE LOWEST AVERAGE STUDENT DEBT FIGURES FOR ALL OREGON COLLEGES AND UNIVERSITIES. THE WARNER PACIFIC UNIVERSITY BOOKSTORE IS FULLY ONLINE, ENSURING THAT EDUCATIONAL TOOLS AND RESOURCES ARE READILY AVAILABLE TO STUDENTS AT A REASONABLE COST. BY OFFERING ONLINE SALES, STUDENTS ARE ABLE TO COMPARISON SHOP FOR THE BEST PRICES TO STRETCH THEIR EDUCATION DOLLARS FURTHER AND EXPLORE MODERN OPTIONS LIKE TEXT BOOK RENTALS AND E-BOOKS TO STAY WITHIN THEIR FINANCIAL GOALS.
THE WARNER PACIFIC BOOKSTORE IS FULLY ONLINE, ENSURING THAT EDUCATIONAL TOOLS AND RESOURCES ARE READILY AVAILABLE TO STUDENTS AT A REASONABLE COST. BY OFFERING ONLINE SALES, STUDENTS ARE ABLE TO COMPARISON SHOP FOR THE BEST PRICES TO STRETCH THEIR EDUCATION DOLLARS FURTHER AND EXPLORE MODERN OPTIONS LIKE TEXT BOOK RENTALS AND E-BOOKS TO STAY WITHIN THEIR FINANCIAL GOALS. IN THE 2019-2020 SCHOOL YEAR, THE UNIVERSITY PILOTED A NEW BOOK PROGRAM THAT PROVIDED NEW TRADITIONAL STUDENTS, BOTH FRESHMEN AND TRANSFERS, AUTOMATIC ENROLLMENT IN A DIGITAL/RENTAL BOOK PROGRAM FOR A STANDARD PER CREDIT HOUR FEE. THE PROGRAM ENSURED THAT STUDENTS RECEIVED THEIR BOOKS ON-CAMPUS DURING THE WEEKEND BEFORE CLASSES STARTED EACH SEMESTER.
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 |
|---|---|---|---|
Brian Johnson President | Officer | 40 | $301,681 |
Douglas Wade VP For Opera | Officer | 40 | $150,073 |
David Cleary Trustee | Trustee | $0 | |
Roland Cruz Trustee | Trustee | $0 | |
Geremy Dixon Trustee | Trustee | $0 | |
Jerry Davisson Trustee | Trustee | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ellucian Inc Software Suppor | 5/30/22 | $266,619 |
Gragg Advertising Advertising | 5/30/22 | $137,779 |
Aramark Services Inc Facilities Mgmt | 5/30/22 | $121,769 |
Sodexo Inc Dining Hall Mgt | 5/30/22 | $641,426 |
Richard Harrison Bailey Inc Website Consult | 5/30/22 | $100,099 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $95,521 |
| Government grants | $2,866,553 |
| All other contributions, gifts, grants, and similar amounts not included above | $488,128 |
| Noncash contributions included in lines 1a–1f | $6,967 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,450,202 |
| Total Program Service Revenue | $11,990,302 |
| Investment income | -$401,248 |
| 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 | $17,832,195 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $425,073 |
| Compensation of current officers, directors, key employees. | $425,073 |
| Compensation to disqualified persons | $448,497 |
| Other salaries and wages | $7,211,306 |
| Pension plan accruals and contributions | $192,321 |
| Other employee benefits | $933,939 |
| Payroll taxes | $598,892 |
| Fees for services: Management | $591,281 |
| Fees for services: Legal | $103,017 |
| Fees for services: Accounting | $71,945 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $7,191 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,144,208 |
| Advertising and promotion | $258,259 |
| Office expenses | $186,369 |
| Information technology | $487,400 |
| Royalties | $0 |
| Occupancy | $805,516 |
| Travel | $320,145 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $28,764 |
| Interest | $357,559 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $934,551 |
| Insurance | $170,027 |
| All other expenses | $0 |
| Total functional expenses | $18,556,039 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,454 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $327 |
| Accounts receivable, net | $280,285 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,999,942 |
| Inventories for sale or use | $29,000 |
| Prepaid expenses and deferred charges | $351,245 |
| Net Land, buildings, and equipment | $9,802,350 |
| Investments—publicly traded securities | $10,949,436 |
| Investments—other securities | $5,960,000 |
| Investments—program-related | $0 |
| Intangible assets | $1,923,050 |
| Other assets | $0 |
| Total assets | $31,322,080 |
| Accounts payable and accrued expenses | $1,499,248 |
| Grants payable | $0 |
| Deferred revenue | $715,239 |
| 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 | $8,635,409 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,459,009 |
| Total liabilities | $13,308,905 |
| Net assets without donor restrictions | $8,131,263 |
| Net assets with donor restrictions | $9,881,912 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $31,322,080 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Warner Pacific University has recieved totaling $307,208.
| Awarding Organization | Amount |
|---|---|
Oregon Alliance Of Independent Colleges And Universities Tualatin, OR PURPOSE: SUPPORT AND SCHOLARSHIPS | $203,585 |
M J Murdock Charitable Trust Vancouver, WA PURPOSE: LEADING THROUGH CHANGE SPECIAL INITIATIVE | $63,500 |
The Renaissance Foundation Lake Oswego, OR PURPOSE: SCHOLARSHIPS | $27,500 |
Kaiser Foundation Hospitals Oakland, CA PURPOSE: Scholarship | $12,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $123 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
San Francisco Conservatory Of Music Inc San Francisco, CA | $341,811,653 | $47,873,165 |
City University Of Seattle Seattle, WA | $61,927,042 | $38,289,518 |
Humboldt State University Sponsored Programs Foundation Arcata, CA | $18,307,530 | $36,742,965 |
California University Of Science And Medicine Colton, CA | $59,868,160 | $28,936,097 |
Minerva Institute For Research And Scholarship San Francisco, CA | $14,539,633 | $46,783,165 |
University Of Providence Renton, WA | $51,378,386 | $28,720,547 |
Hope International University Fullerton, CA | $37,606,706 | $28,796,874 |
Heritage University Toppenish, WA | $68,456,151 | $36,946,289 |
Pacific Oaks Education Corporation Pasadena, CA | $44,789,985 | $24,782,562 |
Olivet University Anza, CA | $81,362,553 | $25,665,253 |
Bushnell University Eugene, OR | $45,025,134 | $29,491,675 |
Notre Dame De Namur University Belmont, CA | $59,879,488 | $17,252,729 |