Parker University

EIN: 751596658 501(c)(3) Education

Dallas, TX

Total Revenue
$87,444,250
Total Expenses
$86,921,623
Total Assets
$144,464,285
Net Assets
$122,260,119
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
TX
Phone
9724386932
Tax Period
2023-09-01 to 2024-08-31

Parker University, founded in 1978, is a mid-sized nonprofit in the Education sector that reported $87.4M in total revenue in fiscal year 2023.

Mission

PARKER UNIVERSITY IS A LEADING HEALTHCARE EDUCATOR, DEVELOPING SKILLED AND COMPASSIONATE PROFESSIONALS IN CHIROPRACTIC, ALLIED HEALTH AND BUSINESS-RELATED FIELDS.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,983,370
Program Service Revenue $82,353,808
Investment Income $2,056,466
Other Revenue $50,606
TOTAL REVENUE $87,444,250

Expense Breakdown

Grants Paid $9,123,481
Salaries & Benefits $41,139,488
Fundraising Expenses $750,626
Program Expenses $58,832,181
Other Expenses $36,658,654
TOTAL EXPENSES $86,921,623

Year-over-Year Comparison

2023 2022 Change
Revenue $87,444,250 $82,172,987 +0.1%
Expenses $86,921,623 $78,883,052 +0.1%
Net Income $522,627 $3,289,935 -0.8%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
15
Independent Members
14
Employees
630
Volunteers
50

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
8
$1,405,165
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
George Linscott Treasurer 2.0
Officer Director
$0 $0 $0
John Huston Assistant Treasurer 2.0
Officer Director
$0 $0 $0
Patrick Mahaffey Secretary 2.0
Officer Director
$0 $0 $0
Robert Rosenbaum MD FAANS Vice Chairman 2.0
Officer Director
$0 $0 $0
Steven W Brooks DC Chairman 2.0
Officer Director
$0 $0 $0
Amy Wood DC Trustee 2.0
Director
$0 $0 $0
Dilhar De Silva Trustee 2.0
Director
$0 $0 $0
Gery Hochanadel PhD Trustee 2.0
Director
$0 $0 $0
Joseph Seabrooks Trustee 2.0
Director
$0 $0 $0
Oliver Smith Jr DC Trustee 2.0
Director
$0 $0 $0
Richard Harris Trustee 2.0
Director
$0 $0 $0
Sean McKenna Trustee 2.0
Director
$0 $0 $0
Shelby Loughridge Trustee 2.0
Director
$0 $0 $0
Tony DeRamus Trustee 2.0
Director
$0 $0 $0
Vincent Scheffler DC CCSP Trustee 2.0
Director
$0 $0 $0
Donald L McNutt VP/Chief Operations Officer 50.0
Officer
$303,844 $54,369 $358,213
Jayne Moschella DC EVP/Provost 30.0
Officer
$364,757 $40,349 $405,106
William E Morgan DC President 48.0
Officer
$584,259 $57,587 $641,846
Christopher Michael Williams Chief Marketing Officer 50.0
Highest
$210,932 $25,305 $236,237
Jeanne Marie Reese CFO 48.0
Highest
$208,368 $47,714 $256,082
Patrick Bodnar Assistant Provost 50.0
Highest
$172,680 $46,865 $219,545
Rabia Bibi Khan Medical Neurologist 50.0
Highest
$358,433 $22,892 $381,325
Trevor Kyle Jones Chief Information Officer 50.0
Highest
$202,020 $31,481 $233,501
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
2024 $87,444,250 $86,921,623 $144,464,285 $522,627
2023 $82,172,987 $78,883,052 $138,730,727 $3,289,935
2022 $82,150,265 $71,355,420 $129,319,348 $10,794,845
2021 $70,650,236 $57,011,650 $134,020,772 $13,638,586
2020 $86,609,284 $51,622,004 $107,974,572 $34,987,280
2019 $50,583,134 $46,135,070 $71,630,140 $4,448,064
2018 $44,470,473 $40,861,853 $65,283,731 $3,608,620
2018 $44,470,473 $40,861,853 $65,283,731 $3,608,620
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