Nonprofit · EIN 75-1596658
PARKER UNIVERSITY
Tax-exempt · DALLAS, TX 75229
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $93,806,640 | $94,372,640 | -$566,000 | $148,241,570 | $23,503,532 | $124,738,038 |
| August 31, 2024 | 990 | $87,444,250 | $86,921,623 | $522,627 | $144,464,285 | $22,204,166 | $122,260,119 |
| August 31, 2023 | 990 | $82,172,987 | $78,883,052 | $3,289,935 | $138,730,727 | $22,014,026 | $116,716,701 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $4,167,061
- of which government grants
- $3,343,682
- Program service revenue
- $87,164,565
- Investment income
- $2,404,031
- Net rental income
- $38,875
- Net gain from sales of assets
- $788,499
- Net income from fundraising events
- -$223,847
- Net income from sales of inventory
- $157,848
- Other revenue
- $70,983
Expenses
- Grants and similar amounts paid
- $11,645,335
- Compensation of officers, directors and key employees
- $1,773,849
- Other salaries and wages
- $32,522,971
- Salaries, compensation and benefits (total)
- $43,608,829
- Professional fundraising fees
- $0
- Legal fees
- $374,064
- Accounting fees
- $159,205
- Occupancy
- $8,291,887
- Travel
- $970,121
- Depreciation
- $4,251,318
- Program services (functional)
- $72,310,333
- Management and general (functional)
- $21,142,064
- Fundraising (functional)
- $920,243
Balance sheet and other
- Total assets, start of year
- $144,464,285
- Total assets, end of year
- $148,241,570
- Total liabilities, end of year
- $23,503,532
- Net assets, end of year
- $124,738,038
- Land, buildings and equipment
- $55,613,524
- Publicly traded securities
- $52,804,642
- Net assets without donor restrictions
- $121,931,038
- Net assets with donor restrictions
- $2,807,000
- Gross unrelated business income
- $32,895
- Gross receipts
- $104,421,274
- Employees
- 630
- Volunteers
- 15
- Year formed
- 1978
- State of legal domicile
- TX
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 August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| William E Morgan DC | President Officer | 48 | $614,402 | $46,352 |
| Jayne Moschella DC | EVP/Provost Officer | 30 | $386,502 | $49,133 |
| Donald L McNutt | VP/COO Officer | 48 | $326,005 | $45,271 |
| Jeanne Marie Reese | CFO Officer | 48 | $261,831 | $44,353 |
| James Donald Dishman | Dean of clinical Neurosciences and Special Projects Highest-paid employee | 50 | $245,715 | $37,640 |
| Christopher Michael Williams | CMO Highest-paid employee | 50 | $237,228 | $22,831 |
| Sandra McClean | VP of Culture Stategy Highest-paid employee | 50 | $231,083 | $24,729 |
| Trevor Kyle Jones | CIO Highest-paid employee | 50 | $221,270 | $30,264 |
| Patrick B Bodnar | Assistant Provost Highest-paid employee | 50 | $172,094 | $37,010 |
| George Linscott | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| John Huston | Assistant Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| Patrick Mahaffey | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Robert Rosenbaum MD FAANS | Vice Chairman Trustee or director, Officer | 2 | $0 | $0 |
| Steven W Brooks DC | Chairman Trustee or director, Officer | 2 | $0 | $0 |
| Amy Wood DC | Trustee Trustee or director | 2 | $0 | $0 |
9 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dilhar De Silva | Trustee Trustee or director | 2 | $0 |
| Gery Hochanadel PhD | Trustee Trustee or director | 2 | $0 |
| Joseph Seabrooks | Trustee Trustee or director | 2 | $0 |
| Oliver Smith Jr DC | Trustee Trustee or director | 2 | $0 |
| Richard Harris | Trustee Trustee or director | 2 | $0 |
| Sean McKenna | Trustee Trustee or director | 2 | $0 |
| Shelby Loughridge | Trustee Trustee or director | 2 | $0 |
| Tony DeRamus | Trustee Trustee or director | 2 | $0 |
| Vincent Scheffler DC CCSP | Trustee Trustee or director | 2 | $0 |
990 for the year ended August 31, 2024: 23 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| William E Morgan DC | President Officer | 48 | $584,259 | $57,587 |
| Jayne Moschella DC | EVP/Provost Officer | 30 | $364,757 | $40,349 |
| Rabia Bibi Khan | Medical Neurologist Highest-paid employee | 50 | $358,433 | $22,892 |
| Donald L McNutt | VP/Chief Operations Officer Officer | 50 | $303,844 | $54,369 |
| Jeanne Marie Reese | CFO Highest-paid employee | 48 | $208,368 | $47,714 |
| Christopher Michael Williams | Chief Marketing Officer Highest-paid employee | 50 | $210,932 | $25,305 |
| Trevor Kyle Jones | Chief Information Officer Highest-paid employee | 50 | $202,020 | $31,481 |
| Patrick Bodnar | Assistant Provost Highest-paid employee | 50 | $172,680 | $46,865 |
| George Linscott | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| John Huston | Assistant Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| Patrick Mahaffey | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Robert Rosenbaum MD FAANS | Vice Chairman Trustee or director, Officer | 2 | $0 | $0 |
| Steven W Brooks DC | Chairman Trustee or director, Officer | 2 | $0 | $0 |
| Amy Wood DC | Trustee Trustee or director | 2 | $0 | $0 |
| Dilhar De Silva | Trustee Trustee or director | 2 | $0 | $0 |
| Gery Hochanadel PhD | Trustee Trustee or director | 2 | $0 | $0 |
| Joseph Seabrooks | Trustee Trustee or director | 2 | $0 | $0 |
| Oliver Smith Jr DC | Trustee Trustee or director | 2 | $0 | $0 |
| Richard Harris | Trustee Trustee or director | 2 | $0 | $0 |
| Sean McKenna | Trustee Trustee or director | 2 | $0 | $0 |
| Shelby Loughridge | Trustee Trustee or director | 2 | $0 | $0 |
| Tony DeRamus | Trustee Trustee or director | 2 | $0 | $0 |
| Vincent Scheffler DC CCSP | Trustee Trustee or director | 2 | $0 | $0 |
990 for the year ended August 31, 2023: 24 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| William E Morgan DC | President Officer | 50 | $583,538 | $42,200 |
| JAYNE MOSCHELLA DC | EVP/PROVOST Officer | 48 | $351,642 | $28,094 |
| Donald L McNutt | VP/CHIEF OPERATIONS OFFICER Officer | 50 | $270,078 | $39,164 |
| CLINT GILCHRIST | VP & CFO END: 5/23 Officer | 50 | $267,620 | $41,190 |
| Christopher Michael Williams | Chief Marketing Officer Highest-paid employee | 50 | $211,488 | $23,698 |
| Patrick B Bodnar | Assistant Provost Highest-paid employee | 50 | $194,019 | $34,287 |
| Trevor Kyle Jones | Chief Information Officer Highest-paid employee | 50 | $193,421 | $28,273 |
| JAMES DONALD DISHMAN | Dean of Neurosciences Highest-paid employee | 50 | $177,718 | $32,876 |
| Gregory G Godfrey | Senior Director of Admissions Highest-paid employee | 50 | $163,481 | $19,710 |
| AMY WOOD DC | TRUSTEE Trustee or director | 2 | $0 | $0 |
| GEORGE R LINSCOTT | treasurer Trustee or director, Officer | 2 | $0 | $0 |
| Gery C Hochanadel PHD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| John Huston | ASSISTANT TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| PATRICK MAHAFFEY | SECRETARY START: 4/23 Trustee or director, Officer | 2 | $0 | $0 |
| ROBERT E ROSENBAUM MD FAANS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| STEVEN W BROOKS DC | vice chairman Trustee or director, Officer | 2 | $0 | $0 |
| Dr Joseph Seabrooks | Trustee Trustee or director | 2 | $0 | $0 |
| Dilhar De Silva | Trustee Trustee or director | 2 | $0 | $0 |
| Sean McKenna | Trustee Trustee or director | 2 | $0 | $0 |
| Dr Tony DeRamus | Trustee Trustee or director | 2 | $0 | $0 |
| Dr Richard Harris | Trustee Trustee or director | 2 | $0 | $0 |
| Oliver Smith Jr DC | Chairman End: 8/23 Trustee or director, Officer | 2 | $0 | $0 |
| Vincent Scheffler DC CCSP | Secretary End: 4/23 Trustee or director, Officer | 2 | $0 | $0 |
| Sandra McLean | VP Strategy&Culture Start:6/23 Officer | 50 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2540 WALNUT HILL LN, DALLAS, TX 75229-5609
- In care of
- % JEANNE REESE
- Principal officer (990 for 2024)
- Donnie McNutt, 2540 Walnut Hill Lane, Dallas, TX 752295609
- Signed the 990
- Dr William Morgan, President
- Phone
- (972) 438-6932
- Website
- www.parker.edu
- Return prepared by
- Forvis Mazars LLP
Mission
PARKER UNIVERSITY IS A REGIONALLY ACCREDITED PRIVATE UNIVERSITY THAT OFFERS CERTIFICATE, UNDERGRADUATE AND GRADUATE DEGREE PROGRAMS IN HEALTHCARE AND BUSINESS-RELATED FIELDS THROUGH MULTIPLE DELIVERY FORMATS AND LEARNING ENVIRONMENTS. THE UNIVERSITY ESPOUSES A CULTURE OF LIFELONG LEARNING, RESEARCH AND SERVICE. PARKER UNIVERSITY PROVIDES ITS DIVERSE POPULATION WITH SUPPORT SERVICES AND LEARNING OPPORTUNITIES TO DEVELOP THE NECESSARY SKILLS FOR SUCCESSFUL EMPLOYMENT AND CAREER ADVANCEMENT.
Program accomplishments
- THE UNIVERSITY'S DOCTOR OF CHIROPRACTIC PROGRAM IS BOTH RIGOROUS AND COMPREHENSIVE, LEVERAGING THE LATEST RESEARCH AND TECHNOLOGY AND FEATURING A RESEARCH FACILITY AND AN INTEGRATED CLINICAL EXPERIENCE AT ONE OF ITS TWO PUBLIC CLINICS OR THROUGH OFFSITE INTERNSHIPS AT PARTICIPATING HOSPITALS AND PRIVATE PRACTICES. THE PROGRAM IS DESIGNED TO DEVELOP SKILLED PROFESSIONALS DEVOTED TO THE PRACTICE OF COMPASSIONATE, PATIENT-CENTERED AND EVIDENCE-BASED CARE.Expenses $37,680,218 · grants $2,080,756 · revenue $62,726,102
- THE UNIVERSITY OFFERS CERTIFICATE, UNDERGRADUATE, AND GRADUATE PROGRAMS IN HEALTHCARE AND BUSINESS-RELATED FIELDS IN ITS COLLEGE OF HEALTH SCIENCES AND ITS COLLEGE OF BUSINESS AND TECHNOLOGY. SUCH PROGRAMS FEATURE DYNAMIC LEARNING ENVIRONMENTS AND OFFER MULTIPLE DELIVERY FORMATS.Expenses $24,623,704 · grants $9,564,579 · revenue $19,605,654
- PARKER UNIVERSITY PROVIDES ETHICAL, WELL RESEARCHED, AND RELEVANT CONTINUING EDUCATION TO HEALTH AND WELLNESS PROFESSIONALS IN THE VIRTUAL CLASSROOM OR AT ONE OF ITS VARIOUS SEMINARS HOSTED ANNUALLY IN DALLAS OR LAS VEGAS.Expenses $6,779,333 · revenue $2,743,493
- Synapse Management ServicesExpenses $3,227,078 · revenue $2,307,971
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 August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 75-1596658
- 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
- 1978
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B500)
- Assets (IRS master file)
- $148,241,570
- Income (IRS master file)
- $104,421,274
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $93,806,640 | $94,372,640 | $148,241,570 | XML |
| 990-T | August 2025 | – | – | – | IRS |
| 990 | August 2024 | $87,444,250 | $86,921,623 | $144,464,285 | XML |
| 990-T | August 2024 | – | – | – | IRS |
| 990 | August 2023 | $82,172,987 | $78,883,052 | $138,730,727 | XML |
| 990-T | August 2023 | – | – | – | IRS |
| 990 | August 2022 | $82,150,265 | $71,355,420 | $129,319,348 | IRS |
| 990-T | August 2022 | – | – | – | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990-T | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 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 75-1596658).
Questions about PARKER UNIVERSITY
- What is the EIN of PARKER UNIVERSITY?
- The employer identification number (EIN) of PARKER UNIVERSITY is 75-1596658.
- Is PARKER UNIVERSITY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
- Are donations to PARKER UNIVERSITY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PARKER 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 PARKER UNIVERSITY due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PARKER UNIVERSITY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of PARKER UNIVERSITY?
- The 990 for the year ended August 31, 2025 names Donnie McNutt.
- Who are the officers and directors of PARKER UNIVERSITY?
- The 990 for the year ended August 31, 2025 lists 24 people; 9 received compensation from the organization, the highest $614,402 (William E Morgan DC, President).
- How much revenue does PARKER UNIVERSITY have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $93,806,640, expenses of $94,372,640 and total assets of $148,241,570 at year end.
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