2024-05-07T13:24:52-05:00 2023-06-30 BDO USA 299 S MAIN ST 10TH FLOOR SALT LAKE CITY UT 84111 990 2022-07-01 841383926 WGU Corporation % NADEEM SYED WGUC 4001 South 700 East Suite 700 Salt Lake City UT 84107 Nadeem Syed Chief Fin. Officer 3854285130 2024-05-06 true Nadeem Syed 999009999 Matthew Frerker P01677675 8012691818 2024-05-06 2022 2023-04-26 12:10:37Z Scott Pulsipher 4001 South 700 East Suite 700 Salt Lake City UT 84107 933734683 false X WWW.WGU.EDU X 1997 UT TO SUPPORT WGU INSTITUTIONS OF HIGHER LEARNING. X 13 12 8179 15 0 7824 51967900 3561241 1035664010 640181833 19966496 37300962 534454 1089916 1108132860 682133952 65470268 12811215 0 0 572271136 386148987 0 0 2085393 423425279 294180553 1061166683 693140755 46966177 -11006803 637635637 686959304 315981818 371700144 321653819 315259160 X THE ORGANIZATION'S MISSION IS TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT THE PURPOSES OF 1) WESTERN GOVERNORS UNIVERSITY, 2) WGU ACADEMY, AND 3) WGU LABS, WHICH ARE ALL 501(C)(3) NON-PROFIT CORPORATIONS. true true 509078477 12811215 546498031 THE ORGANIZATION OPERATED AS WESTERN GOVERNORS UNIVERSITY SINCE ITS FOUNDING IN 1997 THROUGH DECEMBER 31, 2022 WITH A MISSION TO EXPAND ACCESS TO HIGH-QUALITY, AFFORDABLE, HIGHER EDUCATION. THE ORGANIZATION WAS ACCREDITED BY THE NORTHWEST COMMISSION ON COLLEGES AND UNIVERSITIES AND OFFERED UNDERGRADUATE AND GRADUATE DEGREE PROGRAMS IN BUSINESS, INFORMATION TECHNOLOGY, HEALTHCARE/NURSING AND K-12 EDUCATION. AS AN ONLINE, NONPROFIT, COMPETENCY-BASED UNIVERSITY, THE ORGANIZATION HAD MORE THAN 139,000 STUDENTS NATIONWIDE AND MORE THAN 272,000 GRADUATES FROM ALL 50 STATES, AS OF DECEMBER 31, 2022. 123321416 0 93683802 AS OF JANUARY 1, 2023 (HALFWAY THROUGH ITS FISCAL YEAR), THE ORGANIZATION TRANSITIONED TO A TYPE III FUNCTIONALLY INTEGRATED SUPPORTING ORGANIZATION, WHILE THE UNIVERSITY OPERATIONS WERE TRANSFERRED TO ANOTHER 501(C)(3) ORGANIZATION NEWLY NAMED WESTERN GOVERNORS UNIVERSITY. THE TRANSITION INCLUDED AMENDMENTS TO ITS ARTICLES OF INCORPORATION TO OPERATE TO THE EXCLUSIVE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT THE PURPOSES OF WESTERN GOVERNORS UNIVERSITY, WGU ACADEMY, AND WGU LABS, WHICH ENTITIES ARE ALL 501(C)(3) NOT-PROFIT ORGANIZATIONS. THE ORGANIZATION PROVIDES DIRECTION OVER THE POLICIES, PROGRAMS, AND ACTIVITIES OF THESE SUPPORTED ORGANIZATIONS IN ADDITION TO FINANCIAL SUPPORT. IN FY23, THE ORGANIZATION PROVIDED $20.7 MILLION OF FUNDING TO THESE SUPPORTED ORGANIZATIONS. THE ORGANIZATION ALSO PROVIDES ADMINISTRATIVE SERVICES (ACCOUNTING, HR, LEGAL, FINANCE, MANAGEMENT, PROCUREMENT, ETC.) TO THE SUPPORTED ORGANIZATIONS. 632399893 true true true true false false false false false true true true true true true true false true false false false false false false false false false false true true false false false false false false true false false false false true true true true true false false true 1376 0 8179 true true true false false false false false false false false false false false X 13 12 false false true false false false false true true false true true true true true true true true true true false X NADEEM SYED 3854255130 4001 SOUTH 700 EAST STE 700 Salt Lake City UT 84107 X Scott D Pulsipher Trustee / President 3.0 44.0 X X 0 1917916 58120 Marni Baker-Stein CAO (THRU 12/22) 2.0 40.0 X 0 806413 42499 David Grow Chief Operating Officer 2.0 47.0 X 0 687122 66400 Nadeem Syed Chief Financial Officer 2.0 40.0 X 0 595279 48469 David Morales Sr VP, Technology & CIO 40.0 0.0 X 556467 0 32084 Ashutosh Tiwary Sr VP, IT College (THRU 12/22) 40.0 0.0 X 521398 0 52314 Mitsu Frazier Sr VP, Bus college(THRU 12/22) 40.0 0.0 X 399471 0 67460 Janea Jones-Schenk Sr VP, College 40.0 0.0 X 407793 0 32211 David Perkinson Sr VP, PGM Develop(THRU 12/22) 40.0 0.0 X 382314 0 46506 Deborah Fowler Sr VP, St Success (THRU 12/22) 40.0 0.0 X 355360 0 59120 Robert Hunt Sr VP, Gen Counsel, Secretary 2.0 40.0 X 0 347753 55800 Patricia Moore VP, Engineering 40.0 0.0 X 334257 0 38057 Gene Hayes Sr VP, Regional Op(THRU 12/22) 40.0 0.0 X 324515 0 38632 Eric Weaver Exec Dir, Ins for ADV HLTHCARE 40.0 0.0 X 305669 0 50916 Mark Milliron Sr VP, Sch of Edu (THRU 09/22) 40.0 0.0 X 311717 0 39832 Sarah DeMark Vice Provost, CRED INTEGRITY 40.0 0.0 X 306014 0 28800 Alan Smith VP, Ins. Portfolio Mgmt 40.0 0.0 X 299106 0 34066 Stacey Ludwig Johnson Sr VP, Edu School (Thru 12/22) 40.0 0.0 X 282310 0 46960 Scott Neuner Sr VP, Marketing (THRU 12/22) 40.0 0.0 X 248207 0 31143 Dr Charles Sorenson Trustee (chair) 1.0 1.0 X 0 0 0 The Honorable Jim Geringer Trustee 1.0 1.0 X 0 0 0 John W Bluford III Trustee 1.0 1.0 X 0 0 0 Cole Clark Trustee 1.0 1.0 X 0 0 0 Tammy Johns Trustee (THRU 12/22) 1.0 2.0 X 0 0 0 David Simmons Trustee 1.0 2.0 X 0 0 0 Dr Samuel H Smith Trustee 1.0 1.0 X 0 0 0 Jessie Wooley-Wilson Trustee 1.0 1.0 X 0 0 0 Joe Fuller Trustee 1.0 1.0 X 0 0 0 Talia Milgrom-Elcott Trustee 1.0 1.0 X 0 0 0 The Honorable Eric Holcomb Trustee (THRU 12/22) 1.0 1.0 X 0 0 0 The Honorable Jared Polis Trustee (THRU 12/22) 1.0 1.0 X 0 0 0 Lenny Mendonca Trustee 1.0 1.0 X 0 0 0 Kerry Healy Trustee 1.0 1.0 X 0 0 0 April Chou Trustee (AS OF 01/23) 1.0 1.0 X 0 0 0 5034598 4354483 869389 132 false true false Google Inc 500 Sansome SAN FRANCISCO CA 94111 Web Marketing 87249954 Amobee Inc 100 Redwood Shores Parkway 4th Flo REDWOOD CITY CA 94065 Media Management 28739965 MNTN Digital Inc 823 Congress Ave 1827 AUSTIN TX 78768 Marketing 19875245 Linkedin Corporation 62228 Collections Center Drive CHICAGO IL 60693 Web Marketing 9148065 CDW LLC 75 Remittance Drive Suite 1515 CHICAGO IL 60675 Electronic equipment 7068659 259 937910 2623331 3561241 TUITION AND FEES 611430 546393314 546393314 SHARED SERVICE FEES 611430 93683802 93683802 MEMBERSHIP FEES 611430 104717 104717 640181833 9999788 9999788 0 26080 26080 213600 213600 0 213600 213600 278901905 251600731 27301174 27301174 27301174 0 0 0 0 0 0 0 0 0 OTHER INCOME 900001 850236 850236 850236 682133952 640181833 38390878 X 0 12811215 12811215 0 0 4358189 3265344 1092845 0 293294708 281094393 10926308 1274007 14832858 14187885 581125 63848 51594350 49963978 1484913 145459 22068882 20981879 987648 99355 0 3000623 340334 2660289 10040805 269751 9769619 1435 67008 53490 13518 0 1624053 1624053 97976374 71806263 25973539 196572 85874049 85745084 85462 43503 12946256 11580319 1339739 26198 15401478 14053816 1342803 4859 0 6305121 5889083 350256 65782 4159851 3717396 328010 114445 0 10220120 10000491 179749 39880 0 30800712 30800712 11371705 9986718 1377064 7923 1372899 1222881 147891 2127 BAD DEBT EXPENSES 2875419 2875419 MISCELLANEOUS EXPENSES 144080 129389 14691 693140755 632399893 58655469 2085393 0 0 106674379 64205090 5359711 1201869 33217718 4400561 11000000 0 0 0 0 0 0 0 18127124 15732391 84439388 30446017 25524388 53993371 405984528 397322196 23498628 71057978 0 35247535 6385321 0 1863840 43798313 637635637 686959304 90444781 33539951 0 0 225537037 0 0 0 0 0 0 0 0 0 0 0 0 338160193 315981818 371700144 X 313528560 301291618 8125259 13967542 321653819 315259160 637635637 686959304 X -11006803 -9163666 13775810 X false true X true true true X X X 3 WESTERN GOVERNORS UNIVERSITY 474365018 2 true 1766736 0 WGU LABS 824523369 10 true 8165944 0 WGU ACADEMY 852768979 2 true 10801316 0 3 20733996 0 true false false false true false false false false false false false false false false true true true X true true SCHEDULE A, SECTION A, LINE 5A: DURING FY23 THE ORGANIZATION BECAME A FUNCTIONALLY INTEGRATED SUPPORTING ORGANIZATION AND AMENDED ITS ARTICLES OF INCORPORATION TO SPECIFICALLY STATE THAT IT SUPPORTS WESTERN GOVERNORS UNIVERSITY (EIN: 47-4365018), WGU ACADEMY (EIN: 85-2768979), AND WGU LABS (EIN: 82-4523369). SCHEDULE A, SECTION E, LINE 3A: THE ARTICLES OF INCORPORATION OF THE SUPPORTED ORGANIZATIONS CONTAIN PROVISIONS THAT THE ORGANIZATION HAS EXCLUSIVE POWER OVER THE ELECTION AND REMOVAL OF DIRECTOR(S) OF THOSE ORGANIZATIONS. SCHEDULE A, SECTION E, LINE 3B: THE SUPPORTED ORGANIZATIONS SHARE OFFICERS AND DIRECTORS WITH THE ORGANIZATION. THE ORGANIZATION ALSO PROVIDES ADMINISTRATIVE SERVICES (ACCOUNTING, HR, LEGAL, FINANCE, MANAGEMENT, PROCUREMENT, ETC.) TO THE SUPPORTED ORGANIZATIONS IN ADDITION TO PROVIDING DIRECTION OVER THE POLICIES AND PROGRAM OBJECTIVES FOR THOSE ORGANIZATIONS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 86755 86755 693054000 693140755 1000000 250000 1000000 1000000 1000000 1000000 4000000 6000000 230344 248749 149401 86755 715249 250000 250000 250000 250000 1000000 1500000 82390 2458767 140823 49343 2632637 587660 -419093 -24634 61543 82390 412660 205000 30000 587660 395660 34000 17000 412660 378660 37000 20000 395660 0.33420 0.61870 0.04710 true false false 0 957328 537380 419948 0 18990856 11144767 7846089 0 10001983 6072976 3929007 0 54489221 12690894 41798327 53993371 GLAS FUNDS SPC 57631293 F OTHER SECURITIES 13426685 F 71057978 JUVO VENTURES FUND, LP 31293147 F DISRUPTIVE INNOVATION FUND, LP 2000000 F WGU LABS FUND I, LP 1954388 F 35247535 RIGHT OF USE ASSETS 43798313 43798313 0 PAYABLE TO WESTERN GOVERNORS UNIV. 290670496 LEASE LIABILITY 47489697 338160193 X SCHEDULE D, PART V, LINE 4: THE ENDOWMENT FUNDS OF THE ORGANIZATION ARE USED TO FUND SCHOLARSHIPS FOR STUDENTS. SCHEDULE D, PART X, LINE 2: The following is the "Income Taxes" footnote from the consolidated financial statements that include the accounts and balances of WGU Corporation, among other entities: WGU Corporation, Western Governors University, WGU Labs, WGU Advancement, and WGU Academy qualify as tax-exempt organizations under Section 501(c)(3) of the Internal Revenue Code and are generally exempt from federal and state income taxes, except for taxes on income from activities unrelated to their exempt purposes. The consolidated wholly-owned LLC partnerships are treated as disregarded entities for income tax purposes to the extent that their activities are related to an exempt purpose of their tax-exempt parent. The Organization records its allocated income or loss from other majority-owned LLCs, and based on the nature of the operations of those LLCs, determines if any income tax will be due. Activities unrelated to the exempt purpose are subject to income tax. The consolidated LP partnerships seek investments in early-stage, mission-aligned companies. Certain activities of the LP partnerships could be subject to taxation and such taxes are recorded in the consolidated financial statements as applicable. Management believes the Organization has taken no tax positions that more likely than not would not be sustained upon examination by taxing authorities. Accordingly, no provision for income taxes has been made in the accompanying consolidated financial statements. true Tuition waivers and other aid 12939 5413298 Scholarships 8398 7397917 SCHEDULE I, PART I, LINE 2: THE SCHOLARSHIPS AND TUITION WAIVERS ARE AWARDED TO STUDENTS ATTENDING THE UNIVERSITY AND ARE APPLIED TOWARD THEIR TUITION. X false true X X X X false false false false false false false false false Scott D Pulsipher Trustee / President 0 753461 0 552500 0 611955 0 27000 0 31120 0 1976036 0 0 Nadeem Syed Chief Financial Officer 0 430579 0 164700 0 0 0 20500 0 27969 0 643748 0 0 David Grow Chief Operating Officer 0 455680 0 154650 0 76792 0 27000 0 39400 0 753522 0 0 Marni Baker-Stein CAO (THRU 12/22) 0 528084 0 153850 0 124479 0 16039 0 26460 0 848912 0 0 Robert Hunt Sr VP, Gen Counsel, Secretary 0 304253 0 43500 0 0 0 27000 0 28800 0 403553 0 0 Mitsu Frazier Sr VP, Bus college(THRU 12/22) 336303 0 63168 0 0 0 20500 0 46960 0 466931 0 0 0 Deborah Fowler Sr VP, St Success (THRU 12/22) 286548 0 54500 0 14312 0 27000 0 32120 0 414480 0 0 0 David Morales Sr VP, Technology & CIO 410276 0 101355 0 44836 0 4162 0 27922 0 588551 0 0 0 Mark Milliron Sr VP, Sch of Edu (THRU 09/22) 275567 0 36150 0 0 0 16864 0 22968 0 351549 0 0 0 Scott Neuner Sr VP, Marketing (THRU 12/22) 208207 0 40000 0 0 0 7321 0 23822 0 279350 0 0 0 Ashutosh Tiwary Sr VP, IT College (THRU 12/22) 447498 0 73900 0 0 0 27000 0 25314 0 573712 0 0 0 Gene Hayes Sr VP, Regional Op(THRU 12/22) 286515 0 38000 0 0 0 11662 0 26970 0 363147 0 0 0 David Perkinson Sr VP, PGM Develop(THRU 12/22) 326494 0 55820 0 0 0 20046 0 26460 0 428820 0 0 0 Stacey Ludwig Johnson Sr VP, Edu School (Thru 12/22) 241435 0 40875 0 0 0 20500 0 26460 0 329270 0 0 0 Janea Jones-Schenk Sr VP, College 119249 0 288544 0 0 0 29846 0 2365 0 440004 0 0 0 Patricia Moore VP, Engineering 305607 0 28650 0 0 0 27000 0 11057 0 372314 0 0 0 Sarah DeMark Vice Provost, CRED INTEGRITY 264764 0 41250 0 0 0 20500 0 8300 0 334814 0 0 0 Eric Weaver Exec Dir, Ins for ADV HLTHCARE 270748 0 34921 0 0 0 20500 0 30416 0 356585 0 0 0 Alan Smith VP, Ins. Portfolio Mgmt 248248 0 50858 0 0 0 7606 0 26460 0 333172 0 0 0 SCHEDULE J, PART I, LINE 1A: THE ORGANIZATION PAID $22,892 DURING THE YEAR ENDED JUNE 30, 2023 TO CHAUFFEUR THE ORGANIZATION'S PRESIDENT TO AND FROM WORK. SCHEDULE J, PART I, LINE 1B: THE ORGANIZATION DOES NOT HAVE A WRITTEN POLICY REGARDING THE CHAUFFEUR SERVICES RENDERED. 0 Spencer Grow Officer's son 29239 Wages paid false Student Receivables 2023-01-01 48294303 book value 474365018 Western Governors University 4001 S 700 E Ste 700 SLC UT 84107 501(c)(3) Pledge Receivables 2023-01-01 5600992 book value 474365018 Western Governors University 4001 S 700 E Ste 700 SLC UT 84107 501(c)(3) Investments 2023-01-01 320731 broker statement 474365018 Western Governors University 4001 S 700 E Ste 700 SLC UT 84107 501(c)(3) Fixed assets 2023-01-01 6600730 book value 474365018 Western Governors University 4001 S 700 E Ste 700 SLC UT 84107 501(c)(3) Capitalized program development costs 2023-01-01 4218588 book value 474365018 Western Governors University 4001 S 700 E Ste 700 SLC UT 84107 501(c)(3) Prepaids 2023-01-01 5709311 book value 474365018 Western Governors University 4001 S 700 E Ste 700 SLC UT 84107 501(c)(3) true false false false SCHEDULE N, PART II, LINE 2A: ON JANUARY 1, 2023 THE ENTITIES PREVIOUSLY KNOWN AS WESTERN GOVERNORS UNIVERSITY AND THE CORPORATION OF WESTERN GOVERNORS UNIVERSITY WERE RE STRUCTURED TO STREAMLINE BOARD-LEVEL GOVERNANCE, SUCH THAT THE ENTITY PREVIOUSLY KNOWN AS THE CORPORATION OF WESTERN GOVERNORS UNIVERSITY BECAME THE UNIVERSITY, WHILE THE ENTITY PREVIOUSLY KNOWN AS WESTERN GOVERNORS UNIVERSITY BECAME A SUPPORTIVE, ADMINISTRATIVE PARENT OF THE UNIVERSITY AND OTHER RELATED ENTITIES. TO THIS END, THE ENTITY PREVIOUSLY KNOWN AS WESTERN GOVERNORS UNIVERSITY WAS RENAMED TO "WGU CORPORATION", WHILE THE ENTITY PREVIOUSLY KNOWN AS THE CORPORATION OF WESTERN GOVERNORS UNIVERSITY WAS RENAMED TO "WESTERN GOVERNORS UNIVERSITY". THIS RE-STRUCTURING INVOLVED THE TRANSFER OF EMPLOYEES BETWEEN THE TWO ENTITIES AND CERTAIN TRUSTEES OF WGU CORPORATION BECOMING TRUSTEES OF THE NEW WESTERN GOVERNORS UNIVERSITY. IN ADDITION, TO EFFECT A TRANSFER OF OPERATIONS BETWEEN THE TWO ENTITIES, ASSETS WERE SOLD AND LIABILITIES WERE TRANSFERRED. FORM 990, PART III, LINE 2: DURING FY23 THE ORGANIZATION BEGAN OPERATING AS A FUNCTIONALLY INTEGRATED SUPPORTING ORGANIZATION TO SUPPORT THREE OTHER NOT-FOR-PROFIT ENTITIES. AS A RESULT, THE ORGANIZATION BEGAN PROVIDING ADMINISTRATIVE SERVICES TO THESE ENTITIES DURING THE FISCAL YEAR. FORM 990, PART III, LINE 3: THE UNIVERSITY OPERATIONS HOUSED WITHIN THE ORGANIZATION WERE TRANSFERRED TO ANOTHER 501(C)(3) ORGANIZATION, WHICH ASSUMED THE NAME "WESTERN GOVERNORS UNIVERSITY". AS A RESULT, THE ORGANIZATION CEASED ITS UNIVERSITY OPERATIONS PROGRAM DURING THE FISCAL YEAR. FORM 990, PART VI, SECTION A, LINE 4: THE ORGANIZATION WAS MADE THE SOLE MEMBER OF THE CORPORATION OF WESTERN GOVERNORS UNIVERSITY (CWGU) (47-4365018) EFFECTIVE JANUARY 1, 2023. CHANGES WERE MADE TO THE ARTICLES OF INCORPORATION AND BYLAWS OF CWGU AND OTHER SUBSIDIARIES TO QUALIFY THE ORGANIZATION AS A TYPE III, FUNCTIONALLY INTEGRATED SUPPORTING ORGANIZATION ("FISO") UNDER IRS RULES. THE ORGANIZATION WAS RENAMED FROM "WESTERN GOVERNORS UNIVERSITY" TO "WGU CORPORATION". CLARIFICATION WAS ALSO MADE TO THE ORGANIZATION'S BYLAWS THAT SITTING STATE GOVERNORS WILL BE DIRECTORS ON THE BOARD OF CWGU, NOT THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B: THE FORM 990 IS REVIEWED BY THE ORGANIZATION OFFICERS AND DISTRIBUTED TO THE BOARD FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C: MONITORING AND ENFORCING THE CONFLICT OF INTEREST POLICY - THE UNIVERSITY'S CONFLICT OF INTEREST POLICY IS DOCUMENTED IN THE EMPLOYEE HANDBOOK. EACH NEW EMPLOYEE IS REQUIRED TO SIGN A DECLARATION THAT THEY HAVE READ AND UNDERSTAND THE UNIVERSITY'S EMPLOYEE HANDBOOK. THE UNIVERSITY RELIES ON ITS EMPLOYEES TO SELF-MONITOR AND SELF-REPORT COMPLIANCE TO ALL EMPLOYEE POLICIES AND PROCEDURES INCLUDING CONFLICT OF INTEREST ISSUES. ANY REPORTED VIOLATIONS OF THE CONFLICT OF INTEREST POLICY ARE AGGRESSIVELY INVESTIGATED AND PROPERLY RESOLVED. FORM 990, PART VI, SECTION B, LINE 15 A & B: THE FINANCE AND COMPENSATION COMMITTEE HIRES A COMPENSATION CONSULTANT EVERY OTHER YEAR TO REVIEW THE ORGANIZATION'S COMPENSATION TO EMPLOYEES. THE MOST RECENT REVIEW WAS FOR FY21-FY22. IN ADDITION, THE ORGANIZATION PARTICIPATES IN 3 - 5 COMPENSATION SURVEYS IN ORDER TO BENCHMARK ITS COMPENSATION AT LEAST ANNUALLY. THE FINANCE AND COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS AND APPROVES THE BASE COMPENSATION, BONUS TYPES, BONUS POTENTIALS, AND THE PERFORMANCE GOALS FOR THE ORGANIZATION. OFFICERS AND KEY EMPLOYEES REVIEW COMPENSATION FOR THEIR RESPECTIVE EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AFTER RECEIPT OF A TIMELY WRITTEN NOTICE. FORM 990, PART XI, LINE 9: OTHER CHANGES IN NET ASSETS OR FUND BALANCES: CAPITAL CONTRIBUTIONS : $750,000 NET ASSETS TRANSFERRED FROM WGU TO WGU CORPORATION : $199,636 NET ASSETS TRANSFERRED FROM WGU ADVANCEMENT TO WGU CORPORATION: $12,826,174 --------- TOTAL : $13,775,810 FORM 990 PART IX LINE 11G DESCRIPTION:LEARNING RESOURCES TOTAL FEES:24315565 FORM 990 PART IX LINE 11G DESCRIPTION:PEOPLE & TLNT SHARED SVCS TOTAL FEES:15809599 FORM 990 PART IX LINE 11G DESCRIPTION:CONSULTING SERVICES TOTAL FEES:12603479 FORM 990 PART IX LINE 11G DESCRIPTION:OPERATIONS SHARED SVCS TOTAL FEES:8981771 FORM 990 PART IX LINE 11G DESCRIPTION:OTHER FEES FOR SERVICES TOTAL FEES:36265960 Juvo Ventures LLC 4001 S 700 E STE 700 Salt Lake City UT 84107 834287681 SEE PART VII UT 537500 25775 WGU CORP Juvo Ventures Fund GP LLC 4001 S 700 E STE 700 Salt Lake City UT 84107 843708387 SEE PART VII UT -8394 912603 WGU CORP WGU Holding LLC 4001 S 700 E STE 700 Salt Lake City UT 84107 843853956 SEE PART VII UT 0 0 WGU CORP Pineview Financial LLC 4001 S 700 E STE 700 Salt Lake City UT 84107 871704174 SEE PART VII UT 0 0 WGU CORP Suncrest Financial LLC 4001 S 700 E STE 700 Salt Lake City UT 84107 871704350 SEE PART VII UT 0 13367 WGU CORP Open Skills Network LLC 4001 S 700 E STE 700 Salt Lake City UT 84107 320719591 SEE PART VII UT 0 0 WGU CORP WGU Reserve LLC 4001 S 700 E STE 700 Salt Lake City UT 84107 923281653 SEE PART VII UT 0 2000000 WGU CORP Amplio Management Group LLC 4001 S 700 E STE 700 Salt Lake City UT 84107 923153139 SEE PART VII UT 0 0 WGU CORP Pathway Services Group LLC 4001 S 700 E STE 700 Salt Lake City UT 84107 923112854 SEE PART VII UT 0 0 WGU CORP Opportunity Partners LLC 4001 S 700 E STE 700 Salt Lake City UT 84107 923103380 SEE PART VII UT 0 0 WGU CORP Western Governors University 4001 S 700 E STE 700 Salt Lake City UT 84107 474365018 School UT 501(c)(3) 2 WGU CORP true WGU Labs 4001 S 700 E STE 700 Salt Lake City UT 84107 824523369 Research & De UT 501(c)(3) 10 WGU CORP true WGU Advancement 4001 S 700 E STE 700 Salt Lake City UT 84107 824547364 Fundraising UT 501(c)(3) 12A WGU CORP true WGU Academy 4001 S 700 E STE 700 Salt Lake City UT 84107 852768979 School UT 501(c)(3) 2 WGU CORP true WGU Indiana Inc 333 N Alambama St Ste 250 Indianapolis IN 46204 273530075 School IN 501(c)(3) 2 WGU CORP false WGU Washington Inc 220435 72nd Ave S 301 Kent WA 98032 463681966 School WA 501(c)(3) 2 WGU CORP false WGU Texas Inc 402-A Palm Valley Blvd PMB 323 Round Rock TX 78664 463688170 School TX 501(c)(3) 2 WGU CORP false WGU Missouri Inc 8000 Maryland Ave Ste 410 St Louis MO 63105 463698226 School MO 501(c)(3) 2 WGU CORP false WGU Tennessee Inc 501 Corporate Centre Dr Ste 390 Franklin TN 37067 463707548 School TN 501(c)(3) 2 WGU CORP false Miller Bullen Hansen Scholarship Fdn 595 S Riverwoods Parkway Ste 400 Logan UT 84321 472548348 Support UT 501(c)(3) 12A WGU CORP false Hansen Scholars WGU Foundation Inc 595 S Riverwoods Parkway Ste 400 Logan UT 84321 472570865 Support UT 501(c)(3) 12A WGU CORP false false true true false false false true true false true false true true false false false false false false WESTERN GOVERNORS UNIVERSITY b 1766736 CASH WGU ACADEMY b 10801316 CASH WGU ADVANCEMENT b 1722394 CASH WGU LABS b 8165944 CASH WGU ADVANCEMENT c 727910 CASH MILLER BULLEN HANSEN SCHOLARSHIP FOUNDATION c 120000 CASH HANSEN SCHOLARS WGU FOUNDATION INC c 90000 CASH WESTERN GOVERNORS UNIVERSITY g 70744654 BV - ASSET SOLD WESTERN GOVERNORS UNIVERSITY h 20216285 BV - ASSET SOLD WESTERN GOVERNORS UNIVERSITY j 4629557 SPACE OCCUPIED WGU ADVANCEMENT j 62346 SPACE OCCUPIED WGU ACADEMY j 168044 SPACE OCCUPIED WESTERN GOVERNORS UNIVERSITY l 90246900 HEADCOUNT WGU ACADEMY l 2099389 HEADCOUNT WGU ADVANCEMENT l 29993 HEADCOUNT WGU LABS l 772550 HEADCOUNT WESTERN GOVERNORS UNIVERSITY m 43849246 HEADCOUNT WGU ACADEMY m 963000 HEADCOUNT WGU LABS m 600982 SERVICE HOURS SCHEDULE R, PART I, COLUMN B: NAME: Juvo Ventures, LLC PRIMARY ACTIVITY: SOCIAL IMPACT NAME: Juvo Ventures Fund GP, LLC PRIMARY ACTIVITY: General partner of fund NAME: WGU Holding, LLC PRIMARY ACTIVITY: Hold intellectual property NAME: Pineview Financial, LLC PRIMARY ACTIVITY: Pursue alternative financing NAME: Suncrest Financial, LLC PRIMARY ACTIVITY: Pursue alternative financing NAME: Open Skills Network, LLC PRIMARY ACTIVITY: Higher education initiative NAME: WGU Reserve, LLC PRIMARY ACTIVITY: Hold investments NAME: Amplio Management Group, LLC PRIMARY ACTIVITY: Manage investment entities NAME: Pathway Services Group, LLC PRIMARY ACTIVITY: Manage academic ventures NAME: Opportunity Partners, LLC PRIMARY ACTIVITY: Manage supporting operations