Park University
Park University reported $80.1 million in revenue and $80.6 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $76.04 went to program services, $20.58 to management and general costs and $3.38 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 83.8% of the total. The highest compensation it reported for one person was $459,584 (PRESIDENT (Ending 5/31/2025)). 23 people received more than $100,000 in reportable compensation. Revenue fell 16% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $81MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $80MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 76.0% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 20.6% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 3.4% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $1.10 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 3.1% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 83.8% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $459,584 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.57% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 23 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 23.7 | 13.3 |
| Independent voting board members Part VI 1a–1b | 15 of 15 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseProvided higher education to students: these are expenses connected with instruction, academic support, and student services, and all other campus related functions. Currently, Park University serves approximately 13,250 students annually in the parkville and kansas city, missouri area, in the gilbert, arizona area, at remote location campuses, and online
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT (Ending 5/31/2025) Officer, 50.0 hrs/week | $342,735 | $0 | $116,849 | $459,584 |
| PROVOST Officer, 50.0 hrs/week | $196,698 | $0 | $41,508 | $238,206 |
| VP FINANCE AND ADMINISTRATION (Ending 1/3/2025) Officer, 50.0 hrs/week | $184,963 | $0 | $20,680 | $205,643 |
| DEAN COLLEGE OF MANAGEMENT Key employee, 50.0 hrs/week | $167,929 | $0 | $26,651 | $194,580 |
| CHIEF FINANCIAL OFFICER Officer, 50.0 hrs/week | $164,287 | $0 | $20,998 | $185,285 |
| VICE PROVOST Key employee, 50.0 hrs/week | $165,806 | $0 | $15,228 | $181,034 |
| VP - GILBERT CAMPUS Officer, 50.0 hrs/week | $145,105 | $0 | $30,123 | $175,228 |
| CHIEF TECHNOLOGY OFFICER Officer, 50.0 hrs/week | $131,269 | $0 | $33,626 | $164,895 |
23 people received more than $100,000 in reportable compensation from Park University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.6M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b15 · 15 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 51,527
- Volunteers Part I, line 6400
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| AVAAP USA LLC It consulting | $1,760,611 |
| FRESH IDEAS FOOD SERVICE MANAGEMENT Food services | $1,330,030 |
| UMB PBC CARD Purch card provider | $1,304,646 |
| POLSINELLI PC Legal services | $1,062,530 |
| EDDY HOLDINGS LLC Financial services | $969,580 |
Individuals listed as contractors are left out. 56 contractors were paid more than $100,000 in all.
Private foundation grants it received
20 private foundations reported grants to Park University totaling $661K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Park University's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Park University, you can publish a response that is linked from this page.
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Of every $100 Park University spent in FY2025, $76.04 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- TCS Education SystemChicago, IL · revenue $80M · programs 17.0% · FY2025
- Harrisburg University of Science and TechnologyHarrisburg, PA · revenue $80M · programs 75.1% · FY2025
- US Naval Academy FoundationAnnapolis, MD · revenue $80M · programs 69.5% · FY2025
- Gilman SchoolBaltimore, MD · revenue $80M · programs 72.6% · FY2025
- Creative Center of Los AltosLos Altos, CA · revenue $80M · programs 88.0% · FY2025
Questions people ask
How much of Park University's spending goes to programs?
In the fiscal year ending June 30, 2025, Park University reported that 76.0% of its $80.6 million in expenses went to program services, 20.6% to management and general and 3.4% to fundraising (Form 990, Part IX).
How much does Park University pay its top executive?
The largest total compensation Park University reported for one person in the fiscal year ending June 30, 2025 was $459,584, for the role of PRESIDENT (Ending 5/31/2025) (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Park University get its money?
Of $80.1 million in revenue in the fiscal year ending June 30, 2025, 3.1% came from contributions and grants and 83.8% from program service revenue (Form 990, Part VIII).
Is Park University a registered charity?
The IRS lists EIN 44-0562048 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631189349300523 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521349349305577 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202400719349300865 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202310769349301216 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211159349300616 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121269349302567 · read the filing
All filings for EIN 44-0562048: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.