National University
- Assets
- $1.3b
- Revenue
- $550.5m
- Investments
- $341.4m
- Employees
- 3,265
- Location
- La Jolla, CA
- Founding
- 04/1972
- Data as of
- 06/2020
- EIN
- 23-7172306
Organization Overview
National University is located in La Jolla, CA. The organization was established in 1972. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2020, National University employed 3,265 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 06/2020, National University generated $550.5m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 18.1% each year . All expenses for the organization totaled $241.6m during the year ending 06/2020. While expenses have increased by 1.4% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, National University has awarded 25 individual grants totaling $72,858,447. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
NATIONAL UNIVERSITY IS A POST SECONDARY LEVEL EDUCATIONAL INSTITUTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NATIONAL UNIVERSITY ("NU") IS A NOT-FOR-PROFIT UNIVERSITY, HEADQUARTERED IN LA JOLLA, CALIFORNIA, FOUNDED IN 1971 TO SERVE THE NEEDS OF A DIVERSE GROUP OF STUDENTS. NU PROVIDES INNOVATIVE, CHALLENGING, ACCESSIBLE DEGREE OPPORTUNITIES TO MID-CAREER ADULTS, WOMEN RE-ENTERING THE WORKFORCE, MILITARY PERSONNEL, AND CULTURAL AND ETHNIC MINORITY GROUPS. NU IS ACCREDITED BY THE ACCREDITING COMMISSION FOR SENIOR COLLEGES AND UNIVERSITIES OF THE WESTERN ASSOCIATION OF SCHOOLS AND COLLEGES.
NATIONAL UNIVERSITY ("NU") IS A NOT-FOR-PROFIT UNIVERSITY, HEADQUARTERED IN LA JOLLA, CALIFORNIA, FOUNDED IN 1971 TO SERVE THE NEEDS OF A DIVERSE GROUP OF STUDENTS. NU PROVIDES INNOVATIVE, CHALLENGING, ACCESSIBLE DEGREE OPPORTUNITIES TO MID-CAREER ADULTS, WOMEN RE-ENTERING THE WORKFORCE, MILITARY PERSONNEL, AND CULTURAL AND ETHNIC MINORITY GROUPS. NU IS ACCREDITED BY THE ACCREDITING COMMISSION FOR SENIOR COLLEGES AND UNIVERSITIES OF THE WESTERN ASSOCIATION OF SCHOOLS AND COLLEGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr David Andrews President | Officer | 45 | $572,394 |
Gangaram Singh Provost | Officer | 45 | $327,000 |
Dan Donaldson Thru 63019 Dean, Sops | 45 | $295,443 | |
Nancy Rohland Evp | Officer | 45 | $253,659 |
John Cicero Assoc Provost | Officer | 45 | $226,091 |
Judy Mantle Dean, Scoe | Officer | 45 | $218,116 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Facebook Inc Social Media Ads | 6/29/20 | $7,925,281 |
System Management Group Administrative And Back Office Services | 6/29/20 | $15,399,849 |
Facebook Inc Social Media Ads | 6/29/20 | $7,925,281 |
Microsoft Online Inc Software Licenses | 6/29/20 | $3,298,607 |
System Management Group Administrative And Back Office Services | 6/29/20 | $15,399,849 |
Google Inc Social Media Ads | 6/29/20 | $14,167,261 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $584,805 |
| All other contributions, gifts, grants, and similar amounts not included above | $309,714,535 |
| Noncash contributions included in lines 1a–1f | $134,866,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $310,299,340 |
| Total Program Service Revenue | $233,195,638 |
| Investment income | $6,991,661 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $545,253 |
| Net Gain/Loss on Asset Sales | -$101,007 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $550,478,609 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,138,351 |
| Grants and other assistance to domestic individuals. | $12,368,509 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,891,226 |
| Compensation of current officers, directors, key employees. | $1,891,226 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $97,497,168 |
| Pension plan accruals and contributions | $3,514,738 |
| Other employee benefits | $14,442,290 |
| Payroll taxes | $7,110,127 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,349,517 |
| Fees for services: Accounting | $229,845 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,942,871 |
| Fees for services: Other | $7,406,338 |
| Advertising and promotion | $35,280,997 |
| Office expenses | $1,666,750 |
| Information technology | $2,251,080 |
| Royalties | $0 |
| Occupancy | $12,790,577 |
| Travel | $608,865 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $584,236 |
| Interest | $15,154 |
| Payments to affiliates | $21,511,568 |
| Depreciation, depletion, and amortization | $5,994,818 |
| Insurance | $0 |
| All other expenses | $382,398 |
| Total functional expenses | $241,601,300 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $46,418,201 |
| Pledges and grants receivable | $134,865,617 |
| Accounts receivable, net | $31,263,178 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $5,997,986 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $68,737,486 |
| Investments—publicly traded securities | $624,735,754 |
| Investments—other securities | $341,423,440 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,837,005 |
| Total assets | $1,273,278,667 |
| Accounts payable and accrued expenses | $24,683,028 |
| Grants payable | $0 |
| Deferred revenue | $26,270,201 |
| 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 | $82,768,148 |
| Total liabilities | $133,721,377 |
| Net assets without donor restrictions | $967,040,909 |
| Net assets with donor restrictions | $172,516,381 |
| 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 | $1,273,278,667 |
Grants Awarded
Over the last fiscal year, National University has awarded $8,276,702 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
La Jolla, CA PURPOSE: OPERATIONS | $2,638,351 |
La Jolla, CA PURPOSE: OPERATIONS | $2,638,351 |
La Jolla, CA PURPOSE: OPERATIONS | $1,000,000 |
La Jolla, CA PURPOSE: OPERATIONS | $1,000,000 |
Seattle, WA PURPOSE: OPERATIONS | $500,000 |
Seattle, WA PURPOSE: OPERATIONS | $500,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that National University has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Maurice J Masserini Charitable Trust Las Vegas, NV PURPOSE: GENERAL OPERATING | $20,000 |
Endowment Analysis
| Beg. Balance | $36,577,992 |
| Earnings | $308,043 |
| Net Contributions | $1,890 |
| Other Expense | $90,901 |
| Ending Balance | $36,797,024 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pepperdine University Malibu, CA | $2,047,744,709 | $580,174,202 |
Loyola Marymount University Los Angeles, CA | $1,440,707,978 | $556,313,636 |
Chapman University Orange, CA | $1,605,493,045 | $623,060,469 |
President-Board Of Trustees Santa Clara College Santa Clara, CA | $2,391,705,262 | $550,696,402 |
University Of San Diego San Diego, CA | $1,513,056,957 | $520,612,377 |
University Of San Francisco San Francisco, CA | $1,504,911,825 | $571,770,890 |
University Of The Pacific Stockton, CA | $1,134,390,428 | $460,359,740 |
Loma Linda University Loma Linda, CA | $1,680,846,175 | $284,623,400 |
Loma Linda University Shared Services Loma Linda, CA | $297,987,875 | $307,068,442 |
Azusa Pacific University Azusa, CA | $352,158,662 | $298,077,591 |
National University La Jolla, CA | $1,273,278,667 | $550,478,609 |
University Of Portland Portland, OR | $637,956,444 | $243,526,883 |