Humphreys University FY2021 filing

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Provide post-secondary education

501(c)(3) charity; gifts are tax-deductible.
55¢ of each $1 spent went to programs.
$891K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · 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 $920K a year · 10% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
55%
of spending
Worth a look: 55% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$891K
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
12 mo
of spending, in cash
Looks good: 12.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$12.5M
44% of total assets
Looks good: liabilities are 44% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$8.3M
+13% vs prior year
Spent
$7.2M
To programs
55%
Net assets
$16.0M
By yearFY2020–FY2025
Revenue
$8.3M
FY2021▲ +13%
Tap a bar for its year
Revenue by fiscal year
FY2020$7.3M
FY2021$8.3M
FY2022$7.5M
FY2023$8.4M
FY2024$10.5M
FY2025$11.8M
Expenses
$7.2M
FY2021▼ -9%
Tap a bar for its year
Expenses by fiscal year
FY2020$7.9M
FY2021$7.2M
FY2022$6.9M
FY2023$7.8M
FY2024$8.8M
FY2025$9.7M
Net assets
$16.0M
FY2021▲ +7%
Tap a bar for its year
Net assets by fiscal year
FY2020$14.9M
FY2021$16.0M
FY2022$16.1M
FY2023$17.0M
FY2024$18.9M
FY2025$21.3M

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 (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 1948.

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

Where the money goes

55 cents of each dollar spent went to programs.

Program services 55% · $3.9M Management & general 45% · $3.3M

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

17 people listed on the 990; $891K 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
$205,000Pt VII · Sec A
Dean Graduate Studies
$164,611Pt VII · Sec A
Director Admin Services
$145,721Pt VII · Sec A
Director Business Develop
$140,667Pt VII · Sec A
Dean Undergrad Studies
$124,236Pt VII · Sec A
Dean Instit. Research
$110,780Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Robert Humphreys JR’s $305K as President is at the 66th 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
Robert Humphreys JR$304,962$195,156$193,436$186,013$205,000$205,000
Jess Bonds$163,635$182,874$173,828$157,632$164,611$162,997
Matthew Reynolds$174,398$154,492$149,000$142,792——
Carrie Castillon$139,292$129,754$126,822$121,477$145,721$126,250
Matthew George———$139,384$140,667—
Cynthia Becerra$140,062$122,953$119,894$114,838$124,236$123,018
Lisa Kooren$126,337$104,294$103,199—$110,780—
Rita Franco—————$111,204

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 Humphreys University executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers college and career training to help people succeed after high school.

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1 program · $3.9M · in their own filed words · FY2020
01

Humphreys university provides post-secondary education and facilities for an estimated 500 students.

$3.9Mprogram expense

Funders

Who pays for it.

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

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Jun 2025 · $6.1M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$5.4M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$641K
Federal Work-Study ProgramDepartment of Education · ALN 84.033 · Direct$33K
Federal Supplemental Educational Opportunity GrantsDepartment of Education · ALN 84.007 · Direct$18K

The auditor reported no findings.

Year ending Jun 2024 · $5.1M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$4.5M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$551K
Federal Work-Study ProgramDepartment of Education · ALN 84.033 · Direct$32K
Federal Supplemental Educational Opportunity GrantsDepartment of Education · ALN 84.007 · Direct$21K

The auditor reported no findings.

Year ending Jun 2023 · $4.2M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$3.7M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$499K
Federal Work-Study ProgramDepartment of Education · ALN 84.033 · Direct$30K
Federal Supplemental Educational Opportunity GrantsDepartment of Education · ALN 84.007 · Direct$22K

The auditor reported no findings.

Year ending Jun 2022 · $6.1M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$3.6M
Education Stabilization FundDepartment of Education · ALN 84.425 · Direct$1.9M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$547K
Federal Work-Study ProgramDepartment of Education · ALN 84.033 · Direct$56K
Federal Supplemental Educational Opportunity GrantsDepartment of Education · ALN 84.007 · Direct$24K

The auditor reported no findings.

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$8.3M
Ln 12
Fees for servicesLn 2g$6.2M
Gifts and grantsLn 1h$1.5M
Investment incomeLn 3$521K
Money outPt IX
$7.2M
Ln 25
Programscol B$3.9M
Managementcol C$3.3M
Owns and owesPt X
$16.0M
net assets · Ln 32
Cash and savingsLn 1–2$7.2M
Total assetsLn 16$28.5M
LiabilitiesLn 26$12.5M
PeoplePt VI, VII
17
listed · VII A
PaidVII A6
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.5M
Government grantsLn 1e$1.5M
Fees for servicesLn 2g$6.2M
Investment incomeLn 3$521K
Other incomeLn 4–11$40K
Total revenueLn 12$8.3M
Assets in detailPt X, end of year
CashLn 1$7.2M
SavingsLn 2$7K
Cash and savings togetherLn 1–2$7.2M
Accounts receivableLn 4$395K
Inventories for sale or useLn 8$5K
Prepaid expenses and deferred chargesLn 9$59K
Land, buildings, equipmentLn 10c$16.6M
InvestmentsLn 11–13$4.2M
Total assetsLn 16$28.5M
LiabilitiesLn 26$12.5M
Net assetsLn 32$16.0M
OperationsPt I, VI
EmployeesI 5125
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$5.8M$7.2M
InvestmentsLn 11–13$3.7M$4.2M
Land, buildings, equipmentLn 10c$17.1M$16.6M
Total assetsLn 16$27.7M$28.5M
LiabilitiesLn 26$12.8M$12.5M
Net assetsLn 32$14.9M$16.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$891K$618K$273K
Other salaries and wagesLn 7$2.8M$1.9M$855K
Pension plan contributionsLn 8$94K$64K$30K
Other employee benefitsLn 9$353K$240K$113K
Payroll taxesLn 10$298K$203K$95K
Legal feesLn 11b$62K$62K
Accounting feesLn 11c$252K$252K
Other fees for servicesLn 11g$75K$75K
Advertising and promotionLn 12$164K$10K$154K
OccupancyLn 16$104K$104K
TravelLn 17$3K$1K$2K
InterestLn 20$445K$6K$438K
Depreciation, depletion and amortizationLn 22$602K$501K$101K
InsuranceLn 23$138K$138K
Other expenses (24a–d)Ln 24$575K$165K$410K
All other expensesLn 24e$356K$130K$226K
Total functional expensesLn 25$7.2M$3.9M$3.3M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 15, 2026 $11.8M$9.7M$2.1M$21.3M 990 PDF
FY2024Filed with the IRS May 14, 2025 $10.5M$8.8M$1.6M$18.9M 990 PDF
FY2023Filed with the IRS May 9, 2024 $8.4M$7.8M$638K$17.0M 990 PDF
FY2022Filed with the IRS May 15, 2023 $7.5M$6.9M$597K$16.1M 990 PDF
FY2021 ViewingFiled with the IRS May 16, 2022 $8.3M$7.2M$1.1M$16.0M 990 PDF
FY2020Filed with the IRS May 17, 2021 $7.3M$7.9M−$581K$14.9M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $8,301,244 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $96,043$1,512,001
I-9 Program service revenuePrior year $6,900,961$6,227,850
I-10 Investment incomePrior year $164,519$520,963
I-11 Other revenuePrior year $171,244$40,430
I-12 Total revenuePrior year $7,332,767$8,301,244
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $4,795,151$4,427,592
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $3,118,467$2,774,733
I-18 Total expensesPrior year $7,913,618$7,202,325
I-19 Revenue less expensesPrior year −$580,851$1,098,919
Part VI · Governance 12 of 12 board members independent, 5 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $8,301,244 across 6 lines filed
VIII-1e Government grants$1,512,001
VIII-1h Total contributions, gifts and grants$1,512,001
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $6,227,850$6,227,850
VIII-3 Investment incomeExcluded from tax $520,963$520,963
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $40,430$40,430
VIII-12 Total revenueRelated to mission $6,268,280 · Unrelated business $0 · Excluded from tax $520,963$8,301,244
Part IX · Statement of functional expenses $7,202,325 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $618,315 · Management $272,700$891,015
IX-7 Other salaries and wagesPrograms $1,937,624 · Management $854,567$2,792,191
IX-8 Pension plan contributionsPrograms $63,663 · Management $29,856$93,519
IX-9 Other employee benefitsPrograms $240,068 · Management $112,587$352,655
IX-10 Payroll taxesPrograms $203,006 · Management $95,206$298,212
IX-11b Legal feesManagement $61,890$61,890
IX-11c Accounting feesManagement $251,704$251,704
IX-11g Other fees for servicesPrograms $75,000$75,000
IX-12 Advertising and promotionPrograms $9,500 · Management $154,489$163,989
IX-16 OccupancyManagement $103,792$103,792
IX-17 TravelPrograms $1,136 · Management $2,226$3,362
IX-20 InterestPrograms $6,296 · Management $438,287$444,583
IX-22 Depreciation, depletion and amortizationPrograms $500,587 · Management $101,124$601,711
IX-23 InsuranceManagement $138,262$138,262
IX-24 Other expenses (24a–d)Programs $164,697 · Management $410,047$574,744
IX-24e All other expensesPrograms $129,922 · Management $225,774$355,696
IX-25 Total functional expensesPrograms $3,949,814 · Management $3,252,511 · Fundraising $0$7,202,325
Part X · Balance sheet $28,503,602 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $5,652,941$7,228,008
X-2 Savings and temporary cash investmentsStart of year $170,207$6,682
X-4 Accounts receivableStart of year $885,116$395,313
X-8 Inventories for sale or useStart of year $28,031$4,664
X-9 Prepaid expenses and deferred chargesStart of year $144,744$59,436
X-10c Land, buildings and equipment, netStart of year $17,137,851$16,628,746
X-11 Publicly traded securitiesStart of year $3,718,775$4,180,753
X-16 Total assetsStart of year $27,737,665$28,503,602
X-17 Accounts payable and accrued expensesStart of year $227,639$362,701
X-19 Deferred revenueStart of year $283,189$74,504
X-23 Secured mortgages and notes payableStart of year $12,196,886$11,970,863
X-25 Other liabilitiesStart of year $108,326$74,990
X-26 Total liabilitiesStart of year $12,816,040$12,483,058
X-27 Net assets without donor restrictionsStart of year $14,921,625$16,020,544
X-32 Total net assets or fund balancesStart of year $14,921,625$16,020,544
X-33 Total liabilities and net assetsStart of year $27,737,665$28,503,602
Part XI · Reconciliation of net assets $16,020,544 net assets at year end
XI-1 Total revenue$8,301,244
XI-2 Total expenses$7,202,325
XI-3 Revenue less expenses$1,098,919
XI-4 Net assets at start of year$14,921,625
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$16,020,544

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

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