Resurrection University

EIN: 362182170 501(c)(3) Education

Oak Brook, IL

Total Revenue
$15,439,748
Total Expenses
$25,346,945
Total Assets
$61,146,084
Net Assets
$8,145,336
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
IL
Phone
6305379600
Tax Period
2022-07-01 to 2023-06-30

Resurrection University, founded in 2011, is a mid-sized nonprofit in the Education sector that reported $15.4M in total revenue in fiscal year 2022. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $25.3M exceeded revenue, resulting in a 64% operating deficit.

Mission

Resurrection University (dba Oak Point University) inspires, educates and forms life-long learners who meet the world's changing needs with curiosity, ingenuity and grace.

Program Service Accomplishments

Program 1
Expenses: $14,328,834 Revenue: $11,692,662

Instruction: Resurrection University (dba Oak Point University) provides higher education through undergraduate and graduate programs of study in the healthcare field. Experienced faculty emphasizes...

Read more

Instruction: Resurrection University (dba Oak Point University) provides higher education through undergraduate and graduate programs of study in the healthcare field. Experienced faculty emphasizes quality teaching and is dedicated to the development of individuals into knowledgeable, self-directed, responsive and caring persons. In addition, Our B2B educational model helps to bridge the gaps in today's healthcare workforce and create pathways for qualified candidates from diverse backgrounds to achieve their goals in professional healthcare. A Hire-Develop-Deploy-Upskill model for new hires and existing employees was developed as a partnership between institutions and is utilized to strengthen the core of the healthcare workforce at the emerging talent level. Our strategic model partners with employers to accelerate opportunities for the organization, the prospective employee, and the community.

Program 2
Expenses: $4,127,145 Revenue: $368,158

Student Services: The student body is composed of approximately 445 members. Offices servicing the students include admissions, student finance and financial aid, registrar, clinical placement...

Read more

Student Services: The student body is composed of approximately 445 members. Offices servicing the students include admissions, student finance and financial aid, registrar, clinical placement, academic center for excellence, library, personal counseling, career services, instructional technology, student experience and student academic success.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $2,762,217
Program Service Revenue $12,060,820
Investment Income $605,381
Other Revenue $11,330
TOTAL REVENUE $15,439,748

Expense Breakdown

Grants Paid $592,690
Salaries & Benefits $13,465,993
Fundraising Expenses $23,940
Program Expenses $18,455,979
Other Expenses $11,288,262
TOTAL EXPENSES $25,346,945

Year-over-Year Comparison

2022 2021 Change
Revenue $15,439,748 $25,730,186 -0.4%
Expenses $25,346,945 $28,112,603 -0.1%
Net Income $-9,907,197 $-2,382,417 +3.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
11
Independent Members
10
Employees
234
Volunteers
10

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$934,995
Total Directors
11
$633,203
Key Employees
1
$215,234
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A PRESIDENT 40.0
Officer Director
$555,955 $77,248 $633,203
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A ALUM ASSOC PRES 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A CHAIRPERSON, BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A ALUMNI BOARD PRESIDENT 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A EXEC VP, CFO, SECRETARY 40.0
Officer
$282,012 $19,780 $301,792
N/A DEAN, COLLEGE OF NURSING 40.0
Key Emp
$199,082 $16,152 $215,234
N/A CHIEF OF STAFF 40.0
Highest
$147,592 $36,408 $184,000
N/A VP STUDENT EXPERIENCE 40.0
Highest
$256,693 $31,803 $288,496
N/A CHIEF LEARNING OFFICER 40.0
Highest
$199,304 $33,329 $232,633
N/A CONTROLLER 40.0
Highest
$138,248 $22,462 $160,710
N/A VP PARTNERSHIP DEVELOPMENT & OPERATIONS 40.0
Highest
$212,281 $32,266 $244,547
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $15,439,748 $25,346,945 $61,146,084 $-9,907,197
2022 $25,730,186 $28,112,603 $73,355,609 $-2,382,417
2021 $25,346,848 $26,125,184 $77,637,756 $-778,336
2020 $26,676,145 $24,994,018 $29,151,692 $1,682,127
2019 $26,775,179 $22,107,757 $23,032,839 $4,667,422
2018 $23,561,864 $18,553,122 $18,761,428 $5,008,742
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Resurrection University with other nonprofits in Illinois and across the country.