National University Of Natural Medicine
- Assets
- $24.2m
- Revenue
- $16.8m
- Investments
- $0.0
- Employees
- 544
- Location
- Portland, OR
- Founding
- 04/1959
- Data as of
- 06/2022
- EIN
- 93-0461940
Organization Overview
National University Of Natural Medicine is located in Portland, OR. The organization was established in 1959. 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 Of Natural Medicine employed 544 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National University Of Natural Medicine 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, National University Of Natural Medicine generated $16.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $17.3m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.0%) 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
EDUCATIONAL INSTITUTION
Describe the Organization's Program Activity:
Part 3 - Line 4a
UNIVERSITY OF NATURAL MEDICINE - AN EDUCATIONAL INSTITUTION TO EDUCATE AND TRAIN PHYSICIANS OF NATURAL MEDICINE.
NATURAL CLINIC - A MEDICINAL CLINIC SERVING THE GENERAL PUBLIC USING PHYSICIANS OF NATURAL MEDICINE AND PROVIDING EXPERIENCE TO STUDENTS OF THE COLLEGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melanie Henriksen President | Officer | 40 | $231,840 |
Ryan Bradley Director Research | 40 | $196,724 | |
Gerald Bores VP Finance &admin | Officer | 40 | $167,771 |
Heather Zwickey Faculty | 40 | $150,248 | |
Richard Barrett Faculty | 40 | $119,274 | |
Diane Saunders Faculty | 40 | $116,693 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,113,366 |
| All other contributions, gifts, grants, and similar amounts not included above | $524,099 |
| Noncash contributions included in lines 1a–1f | $53,023 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,637,465 |
| Total Program Service Revenue | $13,862,800 |
| Investment income | $67,007 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $125,205 |
| Net Gain/Loss on Asset Sales | $43,648 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $25,842 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,800,960 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $800,700 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $811,671 |
| Compensation of current officers, directors, key employees. | $608,753 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,731,588 |
| Pension plan accruals and contributions | $124,783 |
| Other employee benefits | $693,385 |
| Payroll taxes | $874,276 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $866,215 |
| Advertising and promotion | $140,354 |
| Office expenses | $328,304 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,538,110 |
| Travel | $285,555 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $608,661 |
| Insurance | $279,146 |
| All other expenses | $105,205 |
| Total functional expenses | $17,262,985 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,216,785 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $362,756 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $147,011 |
| Inventories for sale or use | $78,915 |
| Prepaid expenses and deferred charges | $93,434 |
| Net Land, buildings, and equipment | $14,845,160 |
| Investments—publicly traded securities | $1,430,608 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $24,174,669 |
| Accounts payable and accrued expenses | $1,118,871 |
| Grants payable | $0 |
| Deferred revenue | $175,966 |
| 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 | $10,546,565 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $11,841,402 |
| Net assets without donor restrictions | $10,303,099 |
| Net assets with donor restrictions | $2,030,168 |
| 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 | $24,174,669 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that National University Of Natural Medicine has recieved totaling $269,241.
| Awarding Organization | Amount |
|---|---|
M J Murdock Charitable Trust Vancouver, WA PURPOSE: TECHNOLOGY IMPROVEMENTS | $253,500 |
Oregon Community Foundation Portland, OR PURPOSE: Higher Education | $15,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $441 |
Verizon Foundation Basking Ridge, NJ PURPOSE: MIP PAYOUT FOR 12/09/20 | $300 |
Endowment Analysis
| Beg. Balance | $1,747,094 |
| Earnings | -$94,817 |
| Net Contributions | $490 |
| Other Expense | $104,302 |
| Ending Balance | $1,548,465 |
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 |