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Alaska Pacific University

Anchorage, AK · EIN 92-0023588 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Alaska Pacific University reported $30.9 million in revenue and $29.2 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $86.90 went to program services, $13.10 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 43.9% of the total. Government grants made up 19.3%. The highest compensation it reported for one person was $353,846 (Chair). 10 people received more than $100,000 in reportable compensation. Revenue rose 76% 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 $29M

For 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 $31M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
86.9%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
13.1%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
30.2%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
19.3%1.1%
Program service revenue share
Part VIII 2g ÷ 12
43.9%69.9%
Highest reported compensation
Part VII-A, columns D–F
$353,846$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.21%1.28%
People paid over $100,000
Part VII, line 2
108
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
59.413.3
Independent voting board members
Part VI 1a–1b
12 of 15100.0%

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 expense
$15M expenses · 58.6% of program spending · revenue $11M

Academic instruction and support services including instructional labs, research, and public service programs

$6.3M expenses · 25.0% of program spending · revenue $8.5M

Student and auxiliary services including housing, cafeteria, and student-focused activities

$4.1M expenses · 16.4% of program spending · grants $4.1M

Institutional financial aid - 610 students were served

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Chair
Director/trustee, officer, 0.75 hrs/week
$0$317,438$36,408$353,846
President
Officer, 40.0 hrs/week
$239,221$0$36,837$276,058
Faculty Professor
Highest compensated employee, 40.0 hrs/week
$212,396$0$26,487$238,883
Treasurer
Director/trustee, officer, 0.75 hrs/week
$0$177,750$20,864$198,614
Provost (July 24-May 25)
Highest compensated employee, 40.0 hrs/week
$164,065$0$17,684$181,749
Faculty Professor
Highest compensated employee, 40.0 hrs/week
$144,548$0$35,235$179,783
Trustee
Director/trustee, 0.75 hrs/week
$0$156,232$20,749$176,981
Faculty Professor
Highest compensated employee, 40.0 hrs/week
$157,747$0$13,505$171,252

10 people received more than $100,000 in reportable compensation from Alaska Pacific University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $533K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$31M$29M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$31M$29M86.9%$144M$353,846
FY2024 ⓘ$32M$27M88.1%$160M$368,559
FY2023 ⓘ$25M$24M82.9%$153M$279,026
FY2022 ⓘ$22M$23M82.0%$146M$483,919
FY2021 ⓘ$27M$20M77.3%$150M$460,491
FY2020 ⓘ$18M$19M80.5%$129M$199,493

Governance 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 · 12 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 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5361
  • Volunteers Part I, line 615

Private foundation grants it received

6 private foundations reported grants to Alaska Pacific University totaling $312K 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 Alaska Pacific 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 Alaska Pacific University, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Alaska

Questions people ask

How much of Alaska Pacific University's spending goes to programs?

In the fiscal year ending June 30, 2025, Alaska Pacific University reported that 86.9% of its $29.2 million in expenses went to program services, 13.1% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Alaska Pacific University pay its top executive?

The largest total compensation Alaska Pacific University reported for one person in the fiscal year ending June 30, 2025 was $353,846, for the role of Chair (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Alaska Pacific University get its money?

Of $30.9 million in revenue in the fiscal year ending June 30, 2025, 30.2% came from contributions and grants (including 19.3% from government grants) and 43.9% from program service revenue (Form 990, Part VIII).

Is Alaska Pacific University a registered charity?

The IRS lists EIN 92-0023588 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 202611359349304026 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531349349311863 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202420719349301662 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341299349303149 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211339349309621 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131379349306703 · read the filing

All filings for EIN 92-0023588: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.