Wgu Labs

Organization Overview

Wgu Labs is located in Salt Lake City, UT. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2021, Wgu Labs employed 113 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wgu Labs 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, Wgu Labs generated $17.2m in total revenue. All expenses for the organization totaled $13.2m during the year ending 06/2021. While expenses have increased by 46.2% per year over the past 3 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ENGAGE IN RESEARCH, DEVELOPMENT AND LICENSING OF INNOVATIVE TECHNOLOGIES TO OPTIMIZE LEARNER OUTCOMES

Describe the Organization's Program Activity:

Part 3 - Line 4a

WGU LABS WORKED WITH 8 EARLY-STAGE EDTECH COMPANIES SOLVING IMPORTANT PROBLEMS IN EDUCATION TO CONDUCT RESEARCH AND HELP THEM GROW. WGU LABS CONTINUES TO EXPAND THE COLLEGE INNOVATION NETWORK, A GROUP OF POST-SECONDARY INSTITUTIONS THAT SERVE UNDER-REPRESENTED STUDENTS COMMITTED TO RESEARCHING INNOVATIVE SOLUTIONS TO IMPROVE OUTCOMES FOR STUDENTS. WITH THE SUPPORT OF THE CHARLES KOCH FOUNDATION, WGU LABS IS CONDUCTING RESEARCH ON A HYBRID COLLEGE MODEL TO INCREASE ACCESS AND COMPLETION OF UNDER-REPRESENTED STUDENTS.


WGU ACADEMY (ACADEMY) WAS A COMPONENT OF WGU LABS UNTIL SPINNING OFF IN JANUARY 2021 AS ITS OWN SEPARATE COMPANY. ACADEMY SOUGHT AND RECEIVED CREDIT RECOMMENDATION FROM THE AMERICAN COUNCIL ON EDUCATION (ACE) FOR ITS FLAGSHIP COURSE, THE PROGRAM FOR ACADEMIC AND CAREER ADVANCEMENT (PACA). PACA NOW TRANSFERS TO OTHER INSTITUTIONS AS A 3-CREDIT COMMUNICATIONS COURSE. ACADEMY CONTINUES TO OFFER ITS COLLEGE READINESS PROGRAM TO UNDERSERVED POPULATIONS ACROSS A VARIETY OF CLIENTS IN DIFFERENT SEGMENTS. HIGHER ED, EMPLOYER GROUPS, AND COMMUNITY GROUPS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Woodbury Corporation
Facility Rental
$130,484
Speakworks Inc
Video Assessment
$203,275
Consultnet Llc
It Staffing
$228,481
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$12,331,516
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$12,331,516
Total Program Service Revenue$4,811,124
Investment income $56,660
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 $17,199,300

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Wgu Labs has recieved totaling $12,331,516.

Awarding OrganizationAmount
Corporation Of Western Governers University

Salt Lake City, UT

PURPOSE: CAPITAL CONTRIBUTION INCLUDING LOAN FORGIVENESS

$11,273,216
Wgu Advancement

Salt Lake City, UT

PURPOSE: TRANSACTIONS FOR WGU LABS

$1,058,300
View Grant Recipient Profile

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