Wgu Corporation
89% goes to programs $799 to raise $100 Strong reserves Declining revenue
Wgu Corporation is a 501(c)(3) organization based in Salt Lake Cty, Utah, registered in 2023, with $264,706,475 in FY2023 revenue. CharityIndex grades it A, and it directs about 89% of spending to programs.
4001 S 700 E Ste 700, Salt Lake Cty, UT, 84107 EIN 84-1383926 Since 2023
Revenue (FY2023)
$264.7M
▼ 61.2% vs prior year
Education median: $200K
Expenses (FY2023)
$272.8M
Net assets
$349.9M
Employees
1,154
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
B+Program efficiency40% of the rating89% to programs · $799 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Wgu Corporation: 89% to programs · $799 to raise $100 earns a B+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating15 mo reserves · -3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Wgu Corporation: 15 mo reserves · -3% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Wgu Corporation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Wgu Corporation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To support wgu institutions of higher learning.
What they do
As of january 1, 2023 (halfway through its fiscal year), the organization transitioned to a type iii functionally integrated supporting organization, while the university operations were transferred to another 501(c)(3) organization newly named western governors university. the transition included amendments to its articles of incorporation to operate to the exclusive benefit of, to perform the functions of, and to carry out the purposes of western governors university, wgu academy, and wgu labs, which entities are all 501(c)(3) not-profit organizations. the organization provides direction over the policies, programs, and activities of these supported organizations in addition to financial support. in fy23, the organization provided $20.7 million of funding to these supported organizations. the organization also provides administrative services (accounting, hr, legal, finance, management, procurement, etc.) to the supported organizations.
Contact & location
- Address
- 4001 S 700 E Ste 700, Salt Lake Cty, UT, 84107
- City
- Salt Lake Cty
- State
- Utah
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $304.4M (FY2013) to $264.7M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $596.0MNet assets $349.9M
Operating margin
-3.1%
Spent more than it raised in the latest fiscal year.
Total assets
$945.9M
Total liabilities
$596.0M
Net assets
$349.9M
Salaries & benefits
$160.4M
59% of expenses
Board members
12
11 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $264,706,475▼61.2% | $272,803,792▼60.6% | $349,874,531▲11.0% | $945,870,128▲37.7% | 990 |
| 2022 | $682,133,952▼38.4% | $693,140,755▼34.7% | $315,259,160▼2.0% | $686,959,304▲7.7% | 990 |
| 2021 | $1,108,132,860▲8.6% | $1,061,166,683▲6.7% | $321,653,819▲2.7% | $637,635,637▲2.6% | 990 |
| 2020 | $1,020,118,520▲10.6% | $994,721,354▲12.7% | $313,125,362▲25.1% | $621,679,021▲19.8% | 990 |
| 2019 | $922,496,445▲7.8% | $882,462,909▲11.2% | $250,277,052▲15.8% | $519,060,075▲11.8% | 990 |
| 2018 | $855,832,070▲27.9% | $793,657,562▲22.2% | $216,196,236▲39.4% | $464,419,701▲22.7% | 990 |
| 2017 | $669,310,331▲23.9% | $649,596,401▲23.2% | $155,118,425▲14.1% | $378,353,509▲20.8% | 990 |
| 2016 | $540,303,930▲19.6% | $527,266,454▲21.7% | $135,979,841▲13.5% | $313,102,693▲21.5% | 990 |
| 2015 | $451,839,475▲18.6% | $433,286,822▲22.0% | $119,791,677▲17.2% | $257,675,630▲20.9% | 990 |
| 2014 | $381,059,479▲25.2% | $355,283,536▲24.3% | $102,169,523▲26.9% | $213,154,249▲24.7% | 990 |
| 2013 | $304,448,258 | $285,853,912▲18.9% | $80,527,724▲44.4% | $170,925,740▲27.4% | 990 |
| 2012 | — | $240,459,299▲23.0% | $55,785,361▲43.3% | $134,203,911▲30.5% | 990 |
| 2011 | — | $195,444,648▲33.3% | $38,919,916▲9.8% | $102,859,100▲25.9% | 990 |
| 2010 | — | $146,657,634▲41.3% | $35,443,296▲29.2% | $81,700,540▲23.7% | 990 |
| 2009 | — | $103,819,131 | $27,441,119 | $66,047,009 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Scott Pulsipher — $2,205,837 (0.81% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Scott Pulsipher | Trustee/president | 41 | $2,205,837 |
| David Grow | Chief Operating Officer | 40 | $810,920 |
| Nadeem Syed | Chief Financial Officer | 40 | $619,771 |
| David Morales | Sr Vp, Technology & Cio | 40 | $616,608 |
| Bonnie Pattee | Sr Vp, People & Talent | 40 | $519,496 |
| Jason Levin | Executive Director, Labs | 40 | $458,620 |
| Robert Hunt | Sr Vp, General Counsel, Secr. | 40 | $395,333 |
| Annalisa Holcombe | President, Wgu Advancement | 40 | $388,861 |
| Patricia Moore | Vice President, Engineering | 40 | $382,886 |
| Paul Droubay | Vice President, Total Rewards | 40 | $364,531 |
| Henry Humphreys | Vp, Product & Portf. Manag. | 40 | $334,965 |
| April Chou | Trustee | 1 | — |
| Cole Clark | Trustee | 1 | — |
| Courtney Hills Mcbeth | Cao & Provost (as of 1/24) | 40 | — |
| David Simmons | Trustee | 1 | — |
| Dr Charles Sorenson | Chair (thru 11/23) | 1 | — |
| Dr Samuel H Smith | Trustee (emeritus As of 11/23) | 1 | — |
| Dwana Franklin-davis | Trustee (as of 11/23) | 1 | — |
| Eloy Ortiz Oakley | Trustee (as of 11/23) | 1 | — |
| Jessie Wooley-wilson | Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Globalization Partners LLC | Professional Service | $8,620,144 |
| Genesys Cloud Services Inc | Technology | $7,042,069 |
| Salesforcecom Inc | Software | $6,262,839 |
| Reliance Standard Life Insurance Co | Insurance | $4,227,871 |
| Reliastar Life Insurance Company | Insurance | $4,224,442 |
Grants received · $4.1M total
31 grants to Wgu Corporation totaling $4.1M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Rockefeller Philanthropy Advisors Inc | Education, science & technology | 2024 | $700,000 |
| Sentara Health | Sentara scholars program | 2024 | $70,000 |
| The Community Fdn of Middle Tn Inc | John ingram endowed scholarship, ingram scholars program branding, and micro credential initiative | 2024 | $42,500 |
| American Online Giving Foundation Inc | General support | 2024 | $29,975 |
| Tulsa Community Foundation | Scholarships | 2023 | $26,741 |
| Columbus Foundation | Education | 2023 | $15,000 |
| American Online Giving Foundation Inc | General support | 2023 | $11,431 |
| American Gift Fund | Operations | 2023 | $10,000 |
| Neo Philanthropy Inc | Program grant | 2023 | $5,000 |
| Neo Philanthropy Inc | Program grant | 2022 | $915,000 |
| Tulsa Community Foundation | Scholarships | 2022 | $25,200 |
| Columbus Foundation | Education | 2022 | $20,000 |
| American Gift Fund | Operations | 2022 | $10,000 |
| The Community Fdn of Middle Tn Inc | For the tennessee 25th anniversary endowed scholarship fund | 2022 | $10,000 |
| Tides Center | Quality education | 2021 | $50,000 |
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Compare Wgu Corporation
Frequently asked questions
- Is Wgu Corporation a legitimate nonprofit?
- Yes. Wgu Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 84-1383926, based in Salt Lake Cty, Utah. Donations are tax-deductible.
- What is Wgu Corporation's EIN?
- Wgu Corporation's Employer Identification Number (EIN) is 84-1383926.
- How much revenue does Wgu Corporation report?
- Wgu Corporation reported $264,706,475 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Wgu Corporation's spending goes to programs?
- Wgu Corporation spends about 89% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Wgu Corporation have?
- CharityIndex grades Wgu Corporation A, based on program efficiency and fundraising cost.
- How much does Wgu Corporation's highest-paid employee make?
- The highest reported compensation on Wgu Corporation's latest Form 990 is $2,205,837, paid to Scott Pulsipher (Trustee/president).
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Data for Wgu Corporation (EIN 84-1383926) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.