Lincoln University
- Assets
- $4.5m
- Revenue
- $5.2m
- Investments
- $0.0
- Employees
- 101
- Location
- Oakland, CA
- Founding
- 08/1949
- Data as of
- 07/2021
- EIN
- 94-1347042
Organization Overview
Lincoln University is located in Oakland, CA. The organization was established in 1949. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 07/2021, Lincoln University employed 101 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lincoln 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 07/2021, Lincoln University generated $5.2m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $4.7m during the year ending 07/2021. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE TRADITIONAL EDUCATIONAL PROGRAMS IN DIVERSE FIELDS OF STUDY, DELIVERED BY EXPERIENCED EDUCATORS, AND LEADING TO OUTSTANDING EMPLOYMENT OPPORTUNITIES FOR AMERICAN AND INTERNATIONAL STUDENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE UNIVERSITY HAS PROVIDED HIGHER EDUCATION TO THE LOCAL AND INTERNATIONAL STUDENTS, AND OFFERS UNDERGRADUATE AND GRADUATE DEGREES IN BUSINESS AND DIAGNOSTIC IMAGING IN ALLIED HEALTH FIELDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mikhail Brodsky President | OfficerTrustee | 40 | $189,363 |
Themistoclis Pantos Instructor | 0 | $125,500 | |
Marshal J Burak Trustee | OfficerTrustee | 40 | $121,400 |
Sherry Liang Controller | Officer | 40 | $108,240 |
Alexander Anokhin Assistant Provost | 0 | $96,918 | |
Chin-Huat Albert Loh CFO | Officer | 40 | $92,145 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,455,069 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,457,569 |
| Total Program Service Revenue | $3,680,589 |
| Investment income | $46,510 |
| 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 | $5,245,780 |
| 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. | $445,064 |
| Compensation of current officers, directors, key employees. | $346,814 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,473,626 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $251,543 |
| Payroll taxes | $205,530 |
| Fees for services: Management | $77,611 |
| Fees for services: Legal | $88,106 |
| Fees for services: Accounting | $13,438 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $53,512 |
| Advertising and promotion | $82,349 |
| Office expenses | $96,698 |
| Information technology | $32,928 |
| Royalties | $0 |
| Occupancy | $303,709 |
| Travel | $2,955 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,610 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $138,999 |
| Insurance | $40,481 |
| All other expenses | $32,466 |
| Total functional expenses | $4,724,429 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,861,900 |
| Savings and temporary cash investments | $494,362 |
| Pledges and grants receivable | $118,135 |
| Accounts receivable, net | $660,238 |
| 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 | $145,720 |
| Net Land, buildings, and equipment | $1,050,212 |
| Investments—publicly traded securities | $17,048 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $123,987 |
| Total assets | $4,471,602 |
| Accounts payable and accrued expenses | $662,852 |
| Grants payable | $0 |
| Deferred revenue | $71,784 |
| 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 | $0 |
| Total liabilities | $734,636 |
| Net assets without donor restrictions | $3,617,776 |
| Net assets with donor restrictions | $119,190 |
| 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 | $4,471,602 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lincoln University has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Oregon Bookstore Inc Eugene, OR | $12,427,548 | $16,725,239 |
Warner Pacific University Portland, OR | $31,322,080 | $17,832,195 |
National University Of Natural Medicine Portland, OR | $24,174,669 | $16,800,960 |
California State University East Bay Foundation Inc Hayward, CA | $25,796,155 | $16,250,485 |
Campus Research Corporation Tucson, AZ | $42,821,356 | $14,706,755 |
Frank Lloyd Wright Foundation Scottsdale, AZ | $22,427,881 | $12,357,928 |
University Union Operation Of Ca State Univ Sacramento Sacramento, CA | $25,245,130 | $13,834,103 |
John Paul The Great Catholic University Escondido, CA | $9,814,132 | $8,425,507 |
San Francisco Bay University Fremont, CA | $295,269,122 | $7,298,553 |
Arizona State University Research Park Inc Scottsdale, AZ | $67,696,624 | $12,610,493 |
University Of The West Rosemead, CA | $35,930,246 | $8,666,423 |
Wave Enterprises Inc Malibu, CA | $44,595,796 | $15,038,830 |