John F Kennedy University

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. 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 06/2022, John F Kennedy University generated $2.1m 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 (29.0%) each year. All expenses for the organization totaled $6.8m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

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

IN APRIL 2020, JFKU'S BOARD VOTED TO TERMINATE ITS ACADEMIC OPERATIONS AND EFFECTIVE DECEMBER 2020, JFKU CEASED ITS OPERATIONS. NU WAS NAMED THE CUSTODIAN OF JFKU ASSETS AND RECORDS UPON CLOSURE. AS OF JUNE 30, 2022, NU RECEIVED ALL REMAINING ASSETS AND LIABILITIES OF JFKU EXCEPT THE PROPERTY HELD FOR SALE.


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Board, Officers & Key Employees

Name (title)Compensation
Ana Gomez Chapman
Trustee (as Of 10/21)
$0
Carlos Rodriguez
Trustee
$0
Dan Pittard
Trustee
$0
Dr E Lee Rice
Trustee
$0
Dr Erlinda Martinez
Trustee
$0
Dr Michael Cunningham
Chancellor, Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
System Management Group
Administrative And Back Office Services
$500,000
National Education Partners
Consultant
$1,719,118
Ogletree Deakins Nash Smoak & Stewart
Attorney
$377,592
Office Team
Temp Services
$214,147
Camelot Systems Inc
It Services
$208,845
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$2,667,595
Government grants $0
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$2,667,595
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 -$539,862
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,127,733

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