Parker University is a regionally accredited private University that offers certificate, undergraduate and graduate degree programs in healthcare and business-related fields through multiple delivery formats and learning environments. The University espouses a culture of lifelong learning, research and service. Parker University provides its diverse population with support services and learning opportunities to develop the necessary skills for successful employment and career advancement.

501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
Run by 15 volunteers and 630 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $10.4M a year · 12% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$2.7M
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
3 mo
of spending, in cash
Plus $52.8M in investments, Pt X · Ln 11–13
Fine: 2.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $94K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$23.5M
16% of total assets
Looks good: liabilities are 16% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 15 voting members
Looks good: 14 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$93.8M
+7% vs prior year
Spent
$94.4M
To programs
77%
Net assets
$124.7M
By yearFY2020–FY2025
Revenue
$93.8M
FY2025▲ +7%
Tap a bar for its year
Revenue by fiscal year
FY2020$86.6M
FY2021$70.7M
FY2022$82.2M
FY2023$82.2M
FY2024$87.4M
FY2025$93.8M
Expenses
$94.4M
FY2025▲ +9%
Tap a bar for its year
Expenses by fiscal year
FY2020$51.6M
FY2021$57.0M
FY2022$71.4M
FY2023$78.9M
FY2024$86.9M
FY2025$94.4M
Net assets
$124.7M
FY2025▲ +2%
Tap a bar for its year
Net assets by fiscal year
FY2020$85.7M
FY2021$106.2M
FY2022$110.4M
FY2023$116.7M
FY2024$122.3M
FY2025$124.7M

From the FY2025 Form 990 (year ending August 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1978.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $72.3M Management & general 22% · $21.1M Fundraising 1% · $920K

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

24 people listed on the 990; $2.7M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$614,402Pt VII · Sec A
$386,502Pt VII · Sec A
$326,005Pt VII · Sec A
$261,831Pt VII · Sec A
Dean of Clinical Neurosciences and Special Projects
$245,715Pt VII · Sec A
$237,228Pt VII · Sec A
VP of Culture Stategy
$231,083Pt VII · Sec A
$221,270Pt VII · Sec A

William E Morgan DC’s $614K as President is at the 94th 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

NameFY2025FY2024FY2023FY2022FY2021FY2020
William E Morgan DC$614,402$584,259$583,538$508,781$600,000$449,686
Jayne Moschella DC$386,502$364,757$351,642$314,077$327,469$278,470
Rabia Bibi Khan—$358,433————
Donald L McNutt$326,005$303,844$270,078$292,708$246,499$264,145
Clint Gilchrist——$267,620$238,334$237,653—
Jeanne Marie Reese$261,831$208,368————
James Donald Dishman$245,715—$177,718$181,823——
Christopher Michael Williams$237,228$210,932$211,488$183,834——

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

Programs and updates

Educates skilled healthcare professionals in chiropractic, allied health, and business.

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Provided by the organization

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3 programs · $69.1M · in their own filed words · FY2024
01

The university's doctor of chiropractic program is both rigorous and comprehensive, leveraging the latest research and technology and featuring a research facility and an integrated clinical experience at one of its two public clinics or through offsite internships at participating hospitals and private practices.

$37.7Mprogram expense
02

The university offers certificate, undergraduate, and graduate programs in healthcare and business-related fields in its college of health sciences and its college of business and technology. Such programs feature dynamic learning environments and offer multiple delivery formats.

$24.6Mprogram expense
03

Parker university provides ethical, well researched, and relevant continuing education to health and wellness professionals in the virtual classroom or at one of its various seminars hosted annually in dallas or las vegas.

$6.8Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$94K
See all 3 funders →
Grants paid · 61 grants · $58.0M · 2019–2024
Unitemized GrantFY2024$5,483,461
Unitemized GrantFY2024$2,803,544
Unitemized GrantFY2024$1,380,646
Unitemized GrantFY2024$712,206
Unitemized GrantFY2024$632,400
Unitemized GrantFY2024$464,272
Unitemized GrantFY2024$66,235
Unitemized GrantFY2024$51,625
Unitemized GrantFY2024$18,000
Unitemized GrantFY2023$4,171,210
Unitemized GrantFY2023$2,030,797
Unitemized GrantFY2023$1,155,865
Unitemized GrantFY2023$865,756
Unitemized GrantFY2023$719,721
Unitemized GrantFY2023$86,968
Unitemized GrantFY2023$68,648
Unitemized GrantFY2022$3,293,443
Unitemized GrantFY2022$2,216,050
See all 61 grants →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$93.8M
Ln 12
Fees for servicesLn 2g$87.2M
Gifts and grantsLn 1h$4.2M
Investment incomeLn 3$2.4M
Money outPt IX
$94.4M
Ln 25
Programscol B$72.3M
Managementcol C$21.1M
Fundraisingcol D$920K
Owns and owesPt X
$124.7M
net assets · Ln 32
Cash and savingsLn 1–2$21.8M
Total assetsLn 16$148.2M
LiabilitiesLn 26$23.5M
PeoplePt VI, VII
24
listed · VII A
PaidVII A9
Voting boardVI 1a15
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.2M
Government grantsLn 1e$3.3M
Noncash giftsLn 1g$58K
Fundraising eventsLn 1c$317K
Fees for servicesLn 2g$87.2M
Investment incomeLn 3$2.4M
Other incomeLn 4–11$71K
Gains on assetsLn 7$788K
Total revenueLn 12$93.8M
Assets in detailPt X, end of year
CashLn 1$21.8M
Cash and savings togetherLn 1–2$21.8M
InvestmentsLn 11–13$52.8M
Land, buildings, equipmentLn 10c$55.6M
Other assetsLn 15$1.9M
Total assetsLn 16$148.2M
LiabilitiesLn 26$23.5M
Net assetsLn 32$124.7M
OperationsPt I, VI
EmployeesI 5630
VolunteersI 615
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$27.7M$21.8M
InvestmentsLn 11–13$46.7M$52.8M
Land, buildings, equipmentLn 10c$54.1M$55.6M
Total assetsLn 16$144.5M$148.2M
LiabilitiesLn 26$22.2M$23.5M
Net assetsLn 32$122.3M$124.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$33K$33K
Grants to domestic individualsLn 2$11.6M$11.6M
Pay of current officers, directors and key staffLn 5$1.8M$436K$1.2M$132K
Pay of disqualified personsLn 6$119K$119K
Other salaries and wagesLn 7$32.5M$24.5M$7.7M$368K
Pension plan contributionsLn 8$1.3M$1.1M$252K$16K
Other employee benefitsLn 9$4.6M$2.8M$1.8M$69K
Payroll taxesLn 10$3.2M$2.6M$596K$27K
Legal feesLn 11b$374K$10K$364K
Accounting feesLn 11c$159K$159K
Lobbying feesLn 11d$248K$248K
Investment management feesLn 11f$165K$165K
Other fees for servicesLn 11g$2.7M$2.1M$598K$61K
Advertising and promotionLn 12$3.1M$1.5M$1.6M$8K
Office expensesLn 13$1.0M$574K$438K$15K
Information technologyLn 14$3.5M$1.2M$2.2M$768
OccupancyLn 16$8.3M$6.8M$1.4M$105K
TravelLn 17$970K$692K$264K$14K
Conferences, conventions and meetingsLn 19$926K$323K$518K$85K
Depreciation, depletion and amortizationLn 22$4.3M$4.2M$75K$19K
InsuranceLn 23$1.2M$181K$1.1M
Other expenses (24a–d)Ln 24$7.5M$7.5M$7K
All other expensesLn 24e$4.7M$4.1M$555K$0
Total functional expensesLn 25$94.4M$72.3M$21.1M$920K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $93.8M$94.4M−$566K$124.7M 990 PDF
FY2024 $87.4M$86.9M$523K$122.3M 990 PDF
FY2023 $82.2M$78.9M$3.3M$116.7M 990 PDF
FY2022 $82.2M$71.4M$10.8M$110.4M 990 PDF
FY2021 $70.7M$57.0M$13.6M$106.2M 990 PDF
FY2020 $86.6M$51.6M$35.0M$85.7M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash J · Pay O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $93,806,640 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,983,370$4,167,061
I-9 Program service revenuePrior year $82,353,808$87,164,565
I-10 Investment incomePrior year $2,056,466$2,404,031
I-11 Other revenuePrior year $50,606$70,983
I-12 Total revenuePrior year $87,444,250$93,806,640
I-13 Grants and similar amounts paidPrior year $9,123,481$11,645,335
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $41,139,488$43,608,829
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $36,658,654$39,118,476
I-18 Total expensesPrior year $86,921,623$94,372,640
I-19 Revenue less expensesPrior year $522,627−$566,000
Part VI · Governance 14 of 15 board members independent, no flags
VI-1a Voting members of the governing body15
VI-1b Independent voting members14
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $93,806,640 across 13 lines filed
Lines not itemized here account for $157,848 of total revenue; see the IRS return.
VIII-1c Fundraising events$316,730
VIII-1d Related organizations$35,000
VIII-1e Government grants$3,343,682
VIII-1f All other contributions, gifts and grants$471,649
VIII-1g Noncash contributions (included above)$58,029
VIII-1h Total contributions, gifts and grants$4,167,061
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $87,164,565$87,164,565
VIII-3 Investment incomeExcluded from tax $1,615,532$1,615,532
VIII-6 Net rental income or lossExcluded from tax $38,875$38,875
VIII-7 Net gain or loss on sales of assetsExcluded from tax $788,499$788,499
VIII-8 Net income from fundraising eventsExcluded from tax −$223,847−$223,847
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $93,702 · Excluded from tax $4,405$98,107
VIII-12 Total revenueRelated to mission $87,383,220 · Unrelated business $32,895 · Excluded from tax $2,223,464$93,806,640
Part IX · Statement of functional expenses $94,372,640 across 23 lines filed
IX-1 Grants to domestic organizationsPrograms $32,946$32,946
IX-2 Grants to domestic individualsPrograms $11,612,389$11,612,389
IX-5 Pay of current officers, directors and key staffPrograms $435,635 · Management $1,206,063 · Fundraising $132,151$1,773,849
IX-6 Pay of disqualified personsPrograms $118,988$118,988
IX-7 Other salaries and wagesPrograms $24,479,526 · Management $7,675,349 · Fundraising $368,096$32,522,971
IX-8 Pension plan contributionsPrograms $1,072,788 · Management $252,334 · Fundraising $16,029$1,341,151
IX-9 Other employee benefitsPrograms $2,783,159 · Management $1,785,942 · Fundraising $68,918$4,638,019
IX-10 Payroll taxesPrograms $2,591,576 · Management $595,632 · Fundraising $26,643$3,213,851
IX-11b Legal feesPrograms $9,822 · Management $364,242$374,064
IX-11c Accounting feesManagement $159,205$159,205
IX-11d Lobbying feesManagement $247,500$247,500
IX-11f Investment management feesManagement $165,031$165,031
IX-11g Other fees for servicesPrograms $2,079,803 · Management $597,539 · Fundraising $61,416$2,738,758
IX-12 Advertising and promotionPrograms $1,529,824 · Management $1,574,939 · Fundraising $7,852$3,112,615
IX-13 Office expensesPrograms $574,469 · Management $437,817 · Fundraising $14,935$1,027,221
IX-14 Information technologyPrograms $1,238,949 · Management $2,233,575 · Fundraising $768$3,473,292
IX-16 OccupancyPrograms $6,812,743 · Management $1,374,207 · Fundraising $104,937$8,291,887
IX-17 TravelPrograms $691,983 · Management $263,690 · Fundraising $14,448$970,121
IX-19 Conferences, conventions and meetingsPrograms $322,664 · Management $517,811 · Fundraising $85,244$925,719
IX-22 Depreciation, depletion and amortizationPrograms $4,157,288 · Management $75,224 · Fundraising $18,806$4,251,318
IX-23 InsurancePrograms $180,814 · Management $1,054,224$1,235,038
IX-24 Other expenses (24a–d)Programs $7,461,126 · Management $6,597$7,467,723
IX-24e All other expensesPrograms $4,123,841 · Management $555,143 · Fundraising $0$4,678,984
IX-25 Total functional expensesPrograms $72,310,333 · Management $21,142,064 · Fundraising $920,243$94,372,640
Part X · Balance sheet $148,241,570 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $27,743,057$21,771,938
X-3 Pledges and grants receivableStart of year $132,500$464,500
X-4 Accounts receivableStart of year $9,856,221$13,210,568
X-8 Inventories for sale or useStart of year $530,991$760,108
X-9 Prepaid expenses and deferred chargesStart of year $2,498,849$1,757,372
X-10c Land, buildings and equipment, netStart of year $54,115,137$55,613,524
X-11 Publicly traded securitiesStart of year $46,702,650$52,804,642
X-15 Other assetsStart of year $2,884,880$1,858,918
X-16 Total assetsStart of year $144,464,285$148,241,570
X-17 Accounts payable and accrued expensesStart of year $19,872,976$20,980,997
X-19 Deferred revenueStart of year $148,521$218,918
X-25 Other liabilitiesStart of year $2,182,669$2,303,617
X-26 Total liabilitiesStart of year $22,204,166$23,503,532
X-27 Net assets without donor restrictionsStart of year $120,140,119$121,931,038
X-28 Net assets with donor restrictionsStart of year $2,120,000$2,807,000
X-32 Total net assets or fund balancesStart of year $122,260,119$124,738,038
X-33 Total liabilities and net assetsStart of year $144,464,285$148,241,570
Part XI · Reconciliation of net assets $124,738,038 net assets at year end
XI-1 Total revenue$93,806,640
XI-2 Total expenses$94,372,640
XI-3 Revenue less expenses−$566,000
XI-4 Net assets at start of year$122,260,119
XI-5 Net unrealized gains (losses) on investments$2,967,733
XI-8 Prior period adjustments$76,186
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$124,738,038

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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