Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1934.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
65 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
29 people listed on the 990; $941K paid to officers and key staff.
Dr Alan Drimmer’s $390K as President & CEO is at the 79th percentile of top reported officer pay among 3683 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Dr Alan Drimmer | $390,141 | $338,454 | $344,115 | $151,664 | — | — |
| Jayson Boyers | — | — | — | — | — | $227,563 |
| Emily Barnes | — | — | $95,994 | $172,692 | $148,723 | $102,565 |
| Jeremy Walker | $163,152 | $151,379 | $122,740 | — | — | — |
| Douglas Stein | $153,675 | $147,863 | $78,585 | — | — | — |
| Eric Riddering | $146,106 | $139,692 | — | — | — | — |
| Machelle Holanda | — | — | $136,146 | $135,154 | $119,102 | $131,120 |
| Matthew Bennett | — | — | — | $135,582 | $115,061 | $115,370 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
- Loans to or from officersSch L · Pt II1 listed
Programs and updates
Teaches business skills to empower people serving employers and communities.
Questions for Cleary University
Your first name shows with your question. Cleary University answers here, for everyone.
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Instruction and Room & Board
The teaching of higher education courses to students and enabling them to sustain residency on campus in order to attend classes, achieve a bachelor's degree and enjoy the full college experience.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $264K | $210K |
| InvestmentsLn 11–13 | $567K | $572K |
| Land, buildings, equipmentLn 10c | $15.3M | $14.8M |
| Total assetsLn 16 | $25.3M | $24.3M |
| LiabilitiesLn 26 | $13.9M | $13.3M |
| Net assetsLn 32 | $11.4M | $11.0M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic individualsLn 2 | $5.2M | $5.2M | ||
| Pay of current officers, directors and key staffLn 5 | $1.2M | $574K | $559K | $79K |
| Other salaries and wagesLn 7 | $3.3M | $1.6M | $1.6M | $128K |
| Pension plan contributionsLn 8 | $62K | $34K | $26K | $2K |
| Other employee benefitsLn 9 | $235K | $130K | $98K | $7K |
| Payroll taxesLn 10 | $342K | $190K | $143K | $10K |
| Legal feesLn 11b | $7K | $7K | ||
| Accounting feesLn 11c | $65K | $65K | ||
| Other fees for servicesLn 11g | $612K | $95K | $515K | $2K |
| Advertising and promotionLn 12 | $192K | $9K | $169K | $15K |
| Office expensesLn 13 | $143K | $50K | $93K | $400 |
| OccupancyLn 16 | $1.4M | $1.3M | $48K | |
| TravelLn 17 | $146K | $129K | $16K | $313 |
| Conferences, conventions and meetingsLn 19 | $17K | $8K | $6K | $3K |
| InterestLn 20 | $681K | $681K | ||
| Depreciation, depletion and amortizationLn 22 | $866K | $866K | ||
| InsuranceLn 23 | $136K | $82K | $53K | |
| Other expenses (24a–d)Ln 24 | $1.1M | $654K | $329K | $110K |
| All other expensesLn 24e | $213K | $209K | $4K | |
| Total functional expensesLn 25 | $15.9M | $10.3M | $5.2M | $356K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $29.3M | $28.9M | $380K | $10.0M | 990 PDF |
| FY2024 | $27.7M | $27.0M | $707K | $9.6M | 990 PDF |
| FY2023 | $24.2M | $25.0M | −$776K | $8.9M | 990 PDF |
| FY2022 | $18.8M | $20.1M | −$1.3M | $9.8M | 990 PDF |
| FY2021 | $17.0M | $16.8M | $194K | $11.2M | 990 PDF |
| FY2020 Viewing | $15.5M | $15.9M | −$394K | $11.0M | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $15,469,273 revenue, 12 lines filed
Part VI · Governance 17 of 17 board members independent, no flags
Part VIII · Statement of revenue $15,469,273 across 9 lines filed
Part IX · Statement of functional expenses $15,863,530 across 19 lines filed
Part X · Balance sheet $24,296,185 assets, 17 lines filed
Part XI · Reconciliation of net assets $11,015,840 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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