John F Kennedy University
- Assets
- $23.7m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 377
- Location
- San Diego, CA
- Founding
- 09/1965
- Data as of
- 06/2021
- EIN
- 94-1610694
Organization Overview
John F Kennedy University is located in San Diego, CA. The organization was established in 1965. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2021, John F Kennedy University employed 377 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. John F Kennedy 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 06/2021, John F Kennedy University generated $2.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (33.3%) each year. All expenses for the organization totaled $500.0k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (47.8%) 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
OUR MISSION IS TO PROVIDE ACCESS TO HIGH-QUALITY, INNOVATIVE EDUCATIONAL OPPORTUNITIES THAT INTEGRATE THEORY AND LIFE EXPERIENCE. WE INSPIRE PERSONAL, PROFESSIONAL AND ACADEMIC GROWTH, AND ADVANCE THE WELL-BEING OF OUR DIVERSE LOCAL AND GLOBAL COMMUNITIES. THIS MISSION IS BUILT UPON OUR CORE VALUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE ARE DEDICATED TO STUDENTS WHO WANT TO CONTINUE THEIR FORMAL EDUCATION, CHART NEW PROFESSIONAL DIRECTIONS AND/OR DERIVE GREATER MEANING FROM THEIR LIVES. WE PROVIDE A LEARNING ENVIRONMENT FOR THOSE SEEKING A TRANSFORMATIVE AND LIFE-ENHANCING EDUCATIONAL EXPERIENCE.OUR COURSES OF STUDY ARE DELIVERED BY OUTSTANDING SCHOLAR-PRACTITIONERS IN A CREATIVE AND CHALLENGING ENVIRONMENT. WE PROMOTE HOLISTIC, INTERDISCIPLINARY, EXPERIMENTIAL LEARNING THAT BALANCES BREADTH AND DEPTH. WE ARE RESPONSIVE TO CHANGING NEEDS OF OUR STUDENTS AND SOCIETYAND INCORPORATE SERVICE TO THE COMMUNITY INTO THE ACADEMIC EXPERIENCE. WE OFFER COURSES OF STUDY IN COUNSELING, MUSEUM STUDIES, LIBERAL STUDIES, MANAGEMENT, AND LAW. WE PROVIDED EDUCATIONAL PROGRAMS AND SERVICES TO OVER 839 STUDENTS THIS YEAR.OUR EDUCATIONAL EXPERIENCE INCORPORATES INTERNSHIPS WHICH OFFER APPLICATION OF LEARNED TECHNIQUES AND ALLOW OUR STUDENTS TO LEARN AS THEY WORK. THE STUDENT INTERNS, UNDER SUPERVISION, PROVIDE MENTAL HEALTH CARE SERVICES AT LOW COST AT OUR THREE COMMUNITY COUNSELING CENTERS AND LEGAL SERVICE PROGRAMS TO SENIORS AT NO COST THROUGH OURLEGAL CLINIC FOR ELDERS. FROM FOUR OF OUR LOCATIONS IN THE GREATER BAY AREA, WE PROVIDED MORE THAN 55,000 HOURS OF COUNSELING AND LEGAL SERVICES AND 2,000 HOURS OF SERVICE TO CLIENTS IN THE SURROUNDING COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Stewart Interim President (thru 12/20) | Officer | 45 | $447,375 |
Lisa Hutton Dean, Legal Studies (thru 12/20) | Officer | 45 | $212,823 |
Matthew Bruce Vice President (thru 12/20) | Officer | 45 | $194,948 |
Alvin Mclean Dean, Psychology (thru 12/20) | Officer | 45 | $156,290 |
Judy Castro Thru 1220 Avp, Student Experience | 45 | $132,997 | |
Chris Kanios Professor (thru 12/20) | 45 | $113,845 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
National Education Partners Consultant | 6/29/21 | $1,719,118 |
System Management Group Administrative And Back Office Services | 6/29/21 | $500,000 |
Ogletree Deakins Nash Smoak & Stewart Attorney | 6/29/21 | $377,592 |
Camelot Systems Inc It Services | 6/29/21 | $208,845 |
Office Team Temp Services | 6/29/21 | $214,147 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $500,000 |
| Government grants | $1,278,173 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,778,173 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $281,875 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,060,048 |
| 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. | $469,450 |
| Compensation of current officers, directors, key employees. | $256,650 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $30,550 |
| Total functional expenses | $500,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $333,681 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,444,991 |
| 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 | $1,726,143 |
| Net Land, buildings, and equipment | $11,481,506 |
| Investments—publicly traded securities | $8,750,723 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $23,737,044 |
| Accounts payable and accrued expenses | $930,572 |
| 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 | $0 |
| Other liabilities | $18,042,181 |
| Total liabilities | $18,972,753 |
| Net assets without donor restrictions | -$636,789 |
| Net assets with donor restrictions | $5,401,080 |
| 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 | $23,737,044 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that John F Kennedy University has recieved totaling $500,000.
| Awarding Organization | Amount |
|---|---|
National University San Diego, CA PURPOSE: OPERATIONS | $500,000 |
Endowment Analysis
| Beg. Balance | $6,512,694 |
| Earnings | $2,238,029 |
| Ending Balance | $8,750,723 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Concordia University Irvine, CA | $216,619,359 | $134,293,913 |
Whittier College Whittier, CA | $322,047,237 | $96,024,170 |
Claremont Graduate University Claremont, CA | $282,759,045 | $94,587,172 |
Soka University Of America Aliso Viejo, CA | $1,933,834,260 | $62,118,050 |
Fresno Pacific University Fresno, CA | $60,393,077 | $83,753,327 |
Mills College Oakland, CA | $350,121,466 | $66,976,273 |
La Sierra University Riverside, CA | $224,274,397 | $79,132,443 |
Cal Poly Corporation San Luis Obispo, CA | $221,621,500 | $66,523,157 |
Chaminade University Of Honolulu Honolulu, HI | $103,384,806 | $64,562,356 |
Golden Gate University San Francisco, CA | $141,254,047 | $81,559,491 |
Holy Names University Oakland, CA | $93,790,592 | $49,885,644 |
Woodbury University Burbank, CA | $66,650,435 | $51,740,863 |