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Phillips Graduate University

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Graduate, Professional Schools (Separate Entities) (NTEE)

Donations to this organization are tax deductible.

Details

According to its June 2024 tax filing, this nonprofit:

Operated a school
Organization is a school. Details are reported on Schedule E.

Summary charts: organization finances over time

Revenue
$275k (2024)

Expenses
$194k (2024)

Total Assets
$142k (2024)

Total Liabilities
$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending June
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$275,285
Expenses
$194,138
Net Income
$81,147
Net Assets
$141,736
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $275,285
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $141,736
Total Liabilities $0
Net Assets $141,736
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Eric Tao (Chairman/Ceo) $0 $0 $0
Jain Shi (Director) $0 $0 $0
Paul Hsu (Director) $0 $0 $0
Feihao Wang (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$764,865
Expenses
$175,573
Net Income
$589,292
Net Assets
$60,589
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $156,318
20.4%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$669,385
Net Inventory Sales $0
Other Revenue $1,277,932
> 100%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $3,250
1.9%
Assets/Debt
Total Assets $60,589
Total Liabilities $0
Net Assets $60,589
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Eric Tao (Chairman/Ceo) $0 $0 $0
Jain Shi (Director) $0 $0 $0
Paul Hsu (Director) $0 $0 $0
Feihao Wang (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$339,904
Expenses
$341,439
Net Income
-$1,535
Net Assets
-$528,703
Notable Sources of Revenue Percent of Total Revenue
Contributions $546
0.2%
Program Services $339,358
99.8%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $78,000
22.8%
Assets/Debt
Total Assets $749,219
Total Liabilities $1,277,922
Net Assets -$528,703
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Eric Tao (Chairman/Ceo) $0 $0 $0
Jain Shi (Director) $0 $0 $0
Paul Hsu (Director) $0 $0 $0
Feihao Wang (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$508,900
Expenses
$475,814
Net Income
$33,086
Net Assets
-$527,168
Notable Sources of Revenue Percent of Total Revenue
Contributions $100,000
19.7%
Program Services $408,900
80.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $87,028
18.3%
Assets/Debt
Total Assets $750,754
Total Liabilities $1,277,922
Net Assets -$527,168
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Eric Tao (Chairman/Ceo) $0 $0 $0
Jain Shi (Director) $0 $0 $0
Paul Hsu (Director) $0 $0 $0
Feihao Wang (Director) $0 $0 $0
Krikor Moloyan (Legal Counsel) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,857,099
Expenses
$2,349,793
Net Income
-$492,694
Net Assets
-$560,254
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,857,099
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $72,865
3.1%
Assets/Debt
Total Assets $717,668
Total Liabilities $1,277,922
Net Assets -$560,254
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Eric Tao (Chairman/Ceo) $0 $0 $0
Jain Shi (Director) $0 $0 $0
Pochang Hsu (Director) $0 $0 $0
Feihao Wang (Director) $0 $0 $0
Krikor Moloyan (Legal Counsel) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,019,979
Expenses
$3,809,349
Net Income
$210,630
Net Assets
$269,395
Notable Sources of Revenue Percent of Total Revenue
Contributions $67,662
1.7%
Program Services $3,952,317
98.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $244,726
6.4%
Professional Fundraising Fees $0
Other Salaries and Wages $1,476,783
38.8%
Assets/Debt
Total Assets $1,658,056
Total Liabilities $1,388,661
Net Assets $269,395
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
John Davis (Cfo) $96,640 $0 $0
Krikor Moloyan (Legal Councel) $80,075 $0 $0
Randy Christopher (Ceo) $68,011 $0 $0
Eric Tao (Chairman) $0 $0 $0
Sarah Kelley (Director) $0 $0 $0
Dale Hudson (Director) $0 $0 $0
Jain Shi (Director) $0 $0 $0
Joe Ford (Director) $0 $0 $0
Pochang Hsu (Director) $0 $0 $0
Tremaine Walker (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,040,678
Expenses
$6,741,707
Net Income
$1,298,971
Net Assets
$58,765
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,980
0.1%
Program Services $8,035,453
99.9%
Investment Income $245
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $110,240
1.6%
Assets/Debt
Total Assets $4,482,950
Total Liabilities $4,424,185
Net Assets $58,765
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Randy Christopher (President) $160,000 $0 $0
John Davis (Chief Financial Officer) $138,499 $0 $0
Krikor Moleyan (Chief Legal Counsel) $120,000 $0 $0
Jose Luis Flores (Department Manager) $118,497 $0 $0
Eric Tao (Chair) $0 $0 $0
Jian Shi (Director) $0 $0 $0
Paul Hsu (Director) $0 $0 $0
Sarah Kelley (Director) $0 $0 $0
Tremain Walker (Director) $0 $0 $0
Dale Hudson (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,945,480
Expenses
$10,167,055
Net Income
-$2,221,575
Net Assets
-$1,783,852
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,029
0.1%
Program Services $7,915,762
99.6%
Investment Income $823
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $20,866
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $684,221
6.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,068,204
Total Liabilities $4,852,056
Net Assets -$1,783,852
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Yolanda Gorman (Prior President) $327,223 $0 $0
Tanya Pontep (Cfo) $138,499 $0 $0
Gregory Gorman (President) $135,279 $0 $0
Jose Luis Flores (Department Manager) $118,497 $0 $0
Deborah Buttitta (Dept. Chair) $98,011 $0 $0
Ellie Kaucher (President) $58,344 $0 $0
Lawrence Hurwitz (Chair) $0 $0 $0
Randall W Phillips (Chairman (Former)) $0 $0 $0
Yvette Chappell Ingram (Director) $0 $0 $0
Sally Lew (Director) $0 $0 $0
Jim Lott (Director) $0 $0 $0
Natasha Milatovich (Director) $0 $0 $0
Faye Montgomery (Director) $0 $0 $0
Brad Rosenheim (Director) $0 $0 $0
Lavonne D Lawson (Trustee (Former)) $0 $0 $0
Lawrence H Hurwitz (Trustee (Former)) $0 $0 $0
Ralph Amos (Trustee (Former)) $0 $0 $0
Sally Lew (Trustee (Former)) $0 $0 $0
Katrice Mccorkle Moore (Trustee (Former)) $0 $0 $0
Eric L Moore (Trustee (Former)) $0 $0 $0
Dale Hudson (Trustee (Former)) $0 $0 $0
Mark S Mcmorrow (Trustee (Former)) $0 $0 $0
Edwin S Cox (Trustee (Former)) $0 $0 $0
Faye C Montgomery (Trustee (Former)) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,579,514
Expenses
$7,503,219
Net Income
$76,295
Net Assets
$827,968
Notable Sources of Revenue Percent of Total Revenue
Contributions $622,235
8.2%
Program Services $6,938,969
91.5%
Investment Income $3,266
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $15,044
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $601,388
8.0%
Professional Fundraising Fees $0
Other Salaries and Wages $3,279,419
43.7%
Assets/Debt
Total Assets $4,221,993
Total Liabilities $3,394,025
Net Assets $827,968
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Yolanda J Gorman (President & Ceo) $233,876 $0 $8,325
Karen L Semien Mcbride (Vice President) $147,216 $0 $4,894
Tanya P Pontep (Cfo) $132,223 $0 $7,963
Jose Luis Flores (Program Director) $118,780 $0 $12,213
Lavonne D Lawson (Trustee) $0 $0 $0
Lawrence N Hurwitz (Trustee) $0 $0 $0
Ralph Amos (Trustee) $0 $0 $0
Sally Lew (Trustee) $0 $0 $0
Katrice Mccorkle Moore (Trustee) $0 $0 $0
Eric L Moore (Trustee) $0 $0 $0
Dale Hudson (Trustee) $0 $0 $0
Mark S Mcmorrow (Trustee) $0 $0 $0
Edwin S Cox (Trustee) $0 $0 $0
Randall W Phillips (Chairman) $0 $0 $0
Faye C Montgomery (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,148,257
Expenses
$6,705,760
Net Income
$442,497
Net Assets
$751,673
Notable Sources of Revenue Percent of Total Revenue
Contributions $800,656
11.2%
Program Services $6,180,285
86.5%
Investment Income $3,359
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $163,957
2.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $758,141
11.3%
Professional Fundraising Fees $0
Other Salaries and Wages $3,380,706
50.4%
Assets/Debt
Total Assets $3,638,037
Total Liabilities $2,886,364
Net Assets $751,673
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Yolanda J Gorman (President & Ceo) $266,325 $0 $7,989
Tanya P Pontep (Cfo) $129,790 $0 $7,870
Jose Luis Flores (Program Director) $118,689 $0 $12,560
Karen L Semien Mc Bride (Vice President) $81,069 $0 $2,318
Randall W Phillips (Chairman) $0 $0 $0
Edwin S Cox (Trustee) $0 $0 $0
Mark S Mc Morrow (Trustee) $0 $0 $0
Dale Hudson (Trustee) $0 $0 $0
Eric L Moore (Trustee) $0 $0 $0
Katrice Mc Corkle Moore (Trustee) $0 $0 $0
Faye C Montgomery (Trustee) $0 $0 $0
Sally Lew (Trustee) $0 $0 $0
La Vonne Lawson (Trustee) $0 $0 $0
Ralph Amos (Trustee) $0 $0 $0
Lawrence N Hurwitz (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,210,653
Expenses
$6,774,972
Net Income
-$564,319
Net Assets
$309,176
Notable Sources of Revenue Percent of Total Revenue
Contributions $168,450
2.7%
Program Services $5,988,777
96.4%
Investment Income $2,975
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $50,451
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $601,388
8.9%
Professional Fundraising Fees $0
Other Salaries and Wages $3,471,896
51.2%
Assets/Debt
Total Assets $3,275,708
Total Liabilities $2,966,532
Net Assets $309,176
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Yolanda J Gorman (President & Ceo) $242,021 $0 $7,771
Tanya Pontep (Cfo) $123,163 $0 $7,520
Jose Luis Flores (Program Director) $112,807 $0 $10,311
Josette C Young (Vice President) $69,887 $0 $4,032
Randall W Phillips (Chairman) $0 $0 $0
Edwin S Cox (Trustee) $0 $0 $0
Mark S Mc Morrow (Trustee) $0 $0 $0
Dale Hudson (Trustee) $0 $0 $0
Eric L Moore (Trustee) $0 $0 $0
Katrice Mc Corkle Moore (Trustee) $0 $0 $0
Faye C Montgomery (Trustee) $0 $0 $0
Sally Lew (Trustee) $0 $0 $0
La Vonne Lawson (Trustee) $0 $0 $0
Ralph Amos (Trustee) $0 $0 $0
Lawrence N Hurwitz (Trustee) $0 $0 $0
Mark Morales (Vice President) $0 $0 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,704,612
Expenses
$6,589,034
Net Income
$115,578
Net Assets
$873,495
Notable Sources of Revenue Percent of Total Revenue
Contributions $23,480
0.4%
Program Services $6,652,716
99.2%
Investment Income $5,218
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $23,198
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $585,254
8.9%
Professional Fundraising Fees $0
Other Salaries and Wages $3,391,463
51.5%
Assets/Debt
Total Assets $4,179,627
Total Liabilities $3,306,132
Net Assets $873,495

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,150,955
Expenses
$6,511,816
Net Income
$639,139
Net Assets
$757,917
Notable Sources of Revenue Percent of Total Revenue
Contributions $83,072
1.2%
Program Services $7,047,244
98.5%
Investment Income $6,852
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $13,787
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $606,780
9.3%
Professional Fundraising Fees $0
Other Salaries and Wages $3,384,930
52.0%
Assets/Debt
Total Assets $4,420,226
Total Liabilities $3,662,309
Net Assets $757,917

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,797,295
Expenses
$7,008,519
Net Income
-$211,224
Net Assets
$118,778
Notable Sources of Revenue Percent of Total Revenue
Contributions $25,503
0.4%
Program Services $6,760,489
99.5%
Investment Income $3,451
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $7,852
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $567,450
8.1%
Professional Fundraising Fees $0
Other Salaries and Wages $3,642,244
52.0%
Assets/Debt
Total Assets $2,897,855
Total Liabilities $2,779,077
Net Assets $118,778

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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