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Nonprofit · EIN 54-0784341

ATLANTIC UNIVERSITY

Tax-exempt · VIRGINIA BCH, VA 23451

Financials

$456K$341K2023$276K$386K2024
Revenue Expenses · by fiscal year end
Financials of ATLANTIC UNIVERSITY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$275,799$386,016-$110,217$1,079,498$745,560$333,938
December 31, 2023990$455,938$340,921$115,017$874,659$457,056$417,603
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$132,949
Program service revenue
$118,019
Investment income
$24,831
Net gain from sales of assets
$15,235
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$110,863
Other salaries and wages
$3,525
Salaries, compensation and benefits (total)
$122,643
Professional fundraising fees
$0
Accounting fees
$2,420
Program services (functional)
$381,347
Management and general (functional)
$3,502
Fundraising (functional)
$1,167

Balance sheet and other

Total assets, start of year
$874,659
Total assets, end of year
$1,079,498
Total liabilities, end of year
$745,560
Net assets, end of year
$333,938
Publicly traded securities
$551,752
Net assets without donor restrictions
-$361,789
Net assets with donor restrictions
$695,727
Gross receipts
$277,806
Employees
3
Volunteers
17
Year formed
1930
State of legal domicile
VA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
NICOLE CHARLESEXECUTIVE DIRECTOR/CEO (RETIRED)
Officer
1.5$0$152,900$9,994
MICHELLE MCNEARDIRECTOR - DEAN
Officer
40$91,882$0$18,981
CASSIE MCQUAGGECO-EXECUTIVE INTERIM DIRECTOR
Officer
1.5$0$93,637$15,637
JOHN VAN AUKENCO-EXECUTIVE INTERIM DIRECTOR
Officer
1.5$0$83,854$12,621
DOUG KNUEVEN THRU JUNE 2024TRUSTEE, FORMER BOARD CHAIR
Trustee or director
0.75$0$0$0
MARIANNE SPLENDATRUSTEE, BOARD CHAIR
Trustee or director
0.75$0$0$0
BERNIE COOMESTRUSTEE
Trustee or director
0.75$0$0$0
DONITA M KINGTRUSTEE
Trustee or director
0.75$0$0$0
ALLISON MILLS-LONGTRUSTEE
Trustee or director
0.75$0$0$0
DOUG MUHATRUSTEE
Trustee or director
0.75$0$0$0
LILIAN H PAILIENTRUSTEE
Trustee or director
0.75$0$0$0
ANTHONY REDDINTRUSTEE
Trustee or director
0.75$0$0$0
KEVIN REGERTRUSTEE
Trustee or director
0.75$0$0$0
CARA ROMANZOTRUSTEE
Trustee or director
0.75$0$0$0
JOHN SCHROEDERTRUSTEE
Trustee or director
0.75$0$0$0
6 more people on this return
NameTitleHours / weekCompensation
JOY SCOTTTRUSTEE
Trustee or director
0.75$0
DIANNE STANFORDTRUSTEE
Trustee or director
0.75$0
ARTHUR P STRICKLAND THRU JUNE 2024TRUSTEE
Trustee or director
0.75$0
MARK THURSTONTRUSTEE
Trustee or director
0.75$0
KATHLEEN WELSCHTRUSTEE
Trustee or director
0.75$0
PEARL MARIA B WILKINSONTRUSTEE
Trustee or director
0.75$0
990 for the year ended December 31, 2023: 18 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
NICOLE CHARLESEXECUTIVE DIRECTOR/CEO
Officer
1.5$0$169,117$10,989
JAMES VAN AUKENVICE PRESIDENT/DIRECTOR
Officer
26$39,072$0$10,626
MICHELLE MCNEARDIRECTOR - DEAN
Officer
40$19,231$15,000$0
DOUG KNUEVENTRUSTEE, BOARD CHAIR
Trustee or director
0.75$0$0$0
MARIANNE SPLENDATRUSTEE, BOARD VICE CHAIR
Trustee or director
0.75$0$0$0
GORGIANA ALONZO THROUGH JUNE 2023TRUSTEE
Trustee or director
0.75$0$0$0
BERNIE COOMESTRUSTEE
Trustee or director
0.75$0$0$0
VIRDELLA DENWIDDIE THROUGH JUNE 202TRUSTEE
Trustee or director
0.75$0$0$0
DONITA M KINGTRUSTEE
Trustee or director
0.75$0$0$0
ALISON MILLS-LONGTRUSTEE
Trustee or director
0.75$0$0$0
ANTHONY REDDIN ELECTED JUNE 2023TRUSTEE
Trustee or director
0.75$0$0$0
KEVIN REGERTRUSTEE
Trustee or director
0.75$0$0$0
JOHN SCHROEDER ELECTED JUNE 2023TRUSTEE
Trustee or director
0.75$0$0$0
JOY SCOTT ELECTED JUNE 2023TRUSTEE
Trustee or director
0.75$0$0$0
DIANNE STANFORDTRUSTEE
Trustee or director
0.75$0$0$0
ARTHUR P STRICKLANDTRUSTEE
Trustee or director
0.75$0$0$0
MARK THURSTONTRUSTEE
Trustee or director
0.75$0$0$0
KATHLEEN WELSCHTRUSTEE
Trustee or director
0.75$0$0$0

Address and contacts

Address (IRS master file)
PO BOX 595, VIRGINIA BCH, VA 23451-0595
Principal officer (990 for 2024)
CHRISTOPHER NAUGHTON, 215 67TH STREET, VIRGINIA BEACH, VA 23451
Signed the 990
CHRISTOPHER NAUGHTON, CHIEF EXECUTIVE OFFICER
Phone
(757) 631-8101
Return prepared by
PBMARES LLP

Mission

ATLANTIC UNIVERSITY'S MISSION IS TO PROVIDE A HIGH-QUALITY GRADUATE-LEVEL DISTANCE EDUCATION FOR ADULT LEARNERS THAT INTEGRATES BODY, MIND, AND SPIRIT TO HELP PEOPLE ACHIEVE HIGHER HUMAN POTENTIAL AND TRANSFORM THEIR LIVES, BETTER UNDERSTAND THEIR RELATIONSHIP TO ALL LIFE, AND BE OF PROFOUND SERVICE TO OTHERS.

990 for the year ended December 31, 2024

Program accomplishments

  • ATLANTIC UNIVERSITY HAD A STEADY 2024 ACADEMIC YEAR, MEETING BUDGETS AND ENROLLMENT EXPECTATIONS. RECRUITMENT AND RETENTION REMAINED STRONG. NUMEROUS COURSES WERE UPDATED AND IMPROVED AND NEW FACULTY WERE RECRUITED. OUTCOMES ASSESSMENTS CONTINUE TO PROVIDE EVIDENCE OF STUDENTS ACHIEVING LEARNING OUTCOMES.
    Expenses $381,347 · revenue $118,019

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
54-0784341
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1973
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B43Z)
Assets (IRS master file)
$1,079,498
Income (IRS master file)
$277,806

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$275,799$386,016$1,079,498IRS
990December 2023$455,938$340,921$874,659XML
990December 2022$360,327$344,675$643,991IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-0784341).

Questions about ATLANTIC UNIVERSITY

What is the EIN of ATLANTIC UNIVERSITY?
The employer identification number (EIN) of ATLANTIC UNIVERSITY is 54-0784341.
Is ATLANTIC UNIVERSITY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
Are donations to ATLANTIC UNIVERSITY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ATLANTIC UNIVERSITY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ATLANTIC UNIVERSITY due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ATLANTIC UNIVERSITY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of ATLANTIC UNIVERSITY?
The 990 for the year ended December 31, 2024 names CHRISTOPHER NAUGHTON.
Who are the officers and directors of ATLANTIC UNIVERSITY?
The 990 for the year ended December 31, 2024 lists 21 people; 1 received compensation from the organization.
How much revenue does ATLANTIC UNIVERSITY have?
On its 990 for the year ended December 31, 2024 it reported revenue of $275,799, expenses of $386,016 and total assets of $1,079,498 at year end.

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