Wgu Advancement FY2021 filing

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To support the educational and charitable purposes of western governors university.

75¢ of each $1 spent went to programs.
$755K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average surplus $1.8M a year · 17% of revenue · last 3 filings
Worth a look: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
75%
of spending
Looks good: 75% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$755K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
<1 mo
of spending, in cash
Concern: 0.1 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $1.0M
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$488K
186% of total assets
Concern: liabilities are 186% of assets; over 80%.
Pt X · Ln 26
Independent board members
3
of 6 voting members
Fine: 3 of 6 voting members are independent, half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$10.8M
+124% vs prior year
Spent
$11.5M
To programs
75%
Net assets
−$225K
By yearFY2020–FY2022
Revenue
$10.8M
FY2021▲ +124%
Tap a bar for its year
Revenue by fiscal year
FY2020$4.8M
FY2021$10.8M
FY2022$16.6M
FY2022$4.3M
Expenses
$11.5M
FY2021▲ +83%
Tap a bar for its year
Expenses by fiscal year
FY2020$6.3M
FY2021$11.5M
FY2022$8.8M
FY2022$4.0M
Net assets
−$225K
FY2021▼ -143%
Tap a bar for its year
Net assets by fiscal year
FY2020$521K
FY2021−$225K
FY2022$7.3M
FY2022$0

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2022) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2022.

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

Where the money goes

75 cents of each dollar spent went to programs.

Program services 75% · $8.7M Management & general 3% · $323K Fundraising 22% · $2.5M

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

11 people listed on the 990; $755K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Director / President
$307,992Pt VII · Sec A
Director of Operations
$130,983Pt VII · Sec A
Regional Director
$106,376Pt VII · Sec A
Director Corp & Fdt Relations
$106,350Pt VII · Sec A
Vice President
$103,778Pt VII · Sec A
Director / Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Director / Treasurer
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2022FY2022FY2021FY2020
Annalisa Holcombe$367,028$317,033$307,992—
William Curtis Ryan$152,206$144,868——
Teresa Williams$144,139———
Brandon Zollner$140,910———
William Ryan——$130,983—
Gilbert Rojas$127,571$121,206——
Erica Adams$123,717———
Adam Goduto—$108,401——

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.

See Wgu Advancement executive salaries →

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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

Supports Western Governors University's educational and charitable goals.

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Provided by the organization

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1 program · $8.7M · in their own filed words · FY2020
01

Wgu advancement supports the educational and charitable purposes of western governors university and affiliates by engaging in fund-raising activities, including identifying opportunities for funded research projects, building alumni outreach, soliciting support from government agencies and private foundations.

$8.7Mprogram 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 · FY2023
Total grants receivedfrom 3 funders$1.0M
See all 3 funders →
Grants paid · 8 grants · $14.8M · 2020–2022
Wgu CorporationUT · FY2022$1,578,049
Wgu AcademyUT · FY2022$15,000
Western Governors UniversityUT · FY2021$3,548,008
Wgu LabsUT · FY2021$814,750
Wgu AcademyUT · FY2021$15,000
Western Governors UniversityUT · FY2020$7,593,670
Wgu LabsUT · FY2020$1,058,300

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$10.8M
Ln 12
Gifts and grantsLn 1h$10.8M
Investment incomeLn 3$127
Money outPt IX
$11.5M
Ln 25
Programscol B$8.7M
Managementcol C$323K
Fundraisingcol D$2.5M
Owns and owesPt X
−$225K
net assets · Ln 32
Cash and savingsLn 1–2$101K
Total assetsLn 16$263K
LiabilitiesLn 26$488K
PeoplePt VI, VII
11
listed · VII A
PaidVII A5
Voting boardVI 1a6
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$10.8M
Investment incomeLn 3$127
Gains on assetsLn 7$0
Total revenueLn 12$10.8M
Assets in detailPt X, end of year
CashLn 1$0
SavingsLn 2$101K
Cash and savings togetherLn 1–2$101K
InvestmentsLn 11–13$29K
Land, buildings, equipmentLn 10c$18K
Other assetsLn 15$0
Total assetsLn 16$263K
LiabilitiesLn 26$488K
Net assetsLn 32−$225K
OperationsPt I, VI
EmployeesI 512
VolunteersI 64
Fiscal year endsHeaderJune
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 FY21End FY21
Cash and savingsLn 1–2$399K$101K
InvestmentsLn 11–13$0$29K
Land, buildings, equipmentLn 10c$9K$18K
Total assetsLn 16$658K$263K
LiabilitiesLn 26$137K$488K
Net assetsLn 32$521K−$225K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$8.7M$8.7M
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$318K$16K$302K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$1.3M$66K$1.3M
Pension plan contributionsLn 8$85K$4K$81K
Other employee benefitsLn 9$214K$10K$204K
Payroll taxesLn 10$106K$5K$101K
Management feesLn 11a$12K$12K
Legal feesLn 11b$49K$24K$24K
Accounting feesLn 11c$59K$59K$75
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$187K$187K
Investment management feesLn 11f$0
Other fees for servicesLn 11g$189K$63K$126K
Advertising and promotionLn 12$49K$49K
Office expensesLn 13$40K$2K$38K
Information technologyLn 14$105K$55K$50K
RoyaltiesLn 15$0
OccupancyLn 16$103K$5K$99K
TravelLn 17$13K$13K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$4K$225$4K
InsuranceLn 23$2K$101$2K
Other expenses (24a–d)Ln 24$10K$1K$9K
Total functional expensesLn 25$11.5M$8.7M$323K$2.5M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 $16.6M$8.8M$7.7M$7.3M 990 PDF
FY2021 Viewing $10.8M$11.5M−$746K−$225K 990 PDF
FY2020 $4.8M$6.3M−$1.5M$521K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants J · Pay O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $10,776,481 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $4,805,403$10,776,354
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $6,888$127
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $4,812,291$10,776,481
I-13 Grants and similar amounts paidPrior year $4,555,403$8,651,970
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,133,733$2,048,874
I-16a Professional fundraising feesPrior year $139,337$186,636
I-17 Other expensesPrior year $483,893$634,978
I-18 Total expensesPrior year $6,312,366$11,522,458
I-19 Revenue less expensesPrior year −$1,500,075−$745,977
Part VI · Governance 3 of 6 board members independent, no flags
VI-1a Voting members of the governing body6
VI-1b Independent voting members3
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 $10,776,481 across 9 lines filed
VIII-1d Related organizations$2,300,000
VIII-1f All other contributions, gifts and grants$8,476,354
VIII-1h Total contributions, gifts and grants$10,776,354
VIII-3 Investment incomeExcluded from tax $127$127
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueExcluded from tax $127$10,776,481
Part IX · Statement of functional expenses $11,522,458 across 30 lines filed
IX-1 Grants to domestic organizationsPrograms $8,651,970$8,651,970
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffManagement $15,883 · Fundraising $301,772$317,655
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesManagement $66,303 · Fundraising $1,259,767$1,326,070
IX-8 Pension plan contributionsManagement $4,267 · Fundraising $81,079$85,346
IX-9 Other employee benefitsManagement $9,815 · Fundraising $203,787$213,602
IX-10 Payroll taxesManagement $5,311 · Fundraising $100,890$106,201
IX-11a Management feesManagement $11,557$11,557
IX-11b Legal feesManagement $24,357 · Fundraising $24,356$48,713
IX-11c Accounting feesManagement $59,389 · Fundraising $75$59,464
IX-11d Lobbying fees$0
IX-11e Professional fundraising feesFundraising $186,636$186,636
IX-11f Investment management fees$0
IX-11g Other fees for servicesManagement $62,909 · Fundraising $125,598$188,507
IX-12 Advertising and promotionFundraising $49,300$49,300
IX-13 Office expensesManagement $1,758 · Fundraising $38,321$40,079
IX-14 Information technologyManagement $54,900 · Fundraising $49,621$104,521
IX-15 Royalties$0
IX-16 OccupancyManagement $4,779 · Fundraising $98,582$103,361
IX-17 TravelFundraising $13,367$13,367
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationManagement $225 · Fundraising $4,270$4,495
IX-23 InsuranceManagement $101 · Fundraising $1,927$2,028
IX-24 Other expenses (24a–d)Management $1,069 · Fundraising $8,517$9,586
IX-25 Total functional expensesPrograms $8,651,970 · Management $322,623 · Fundraising $2,547,865$11,522,458
Part X · Balance sheet $262,529 assets, 24 lines filed
X-1 Cash, non-interest-bearingStart of year $0$0
X-2 Savings and temporary cash investmentsStart of year $398,963$100,783
X-3 Pledges and grants receivableStart of year $250,000$74,384
X-4 Accounts receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$40,179
X-10c Land, buildings and equipment, netStart of year $8,601$17,999
X-11 Publicly traded securitiesStart of year $0$29,184
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $657,564$262,529
X-17 Accounts payable and accrued expensesStart of year $136,567$487,509
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $136,567$487,509
X-27 Net assets without donor restrictionsStart of year $270,997−$299,364
X-28 Net assets with donor restrictionsStart of year $250,000$74,384
X-32 Total net assets or fund balancesStart of year $520,997−$224,980
X-33 Total liabilities and net assetsStart of year $657,564$262,529
Part XI · Reconciliation of net assets −$224,980 net assets at year end
XI-1 Total revenue$10,776,481
XI-2 Total expenses$11,522,458
XI-3 Revenue less expenses−$745,977
XI-4 Net assets at start of year$520,997
XI-10 Net assets at end of year−$224,980

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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