Nonprofit · EIN 84-2888085
TELEO UNIVERSITY
Tax-exempt · CENTENNIAL, CO 80112
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $355,898 | $271,960 | $83,938 | $169,813 | $2,000 | $167,813 |
| June 30, 2024 | 990 | $364,052 | $394,268 | -$30,216 | $83,875 | $9,633 | $74,242 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $222,281
- Program service revenue
- $133,617
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $29,600
- Other salaries and wages
- $101,204
- Salaries, compensation and benefits (total)
- $161,564
- Professional fundraising fees
- $0
- Occupancy
- $1,488
- Travel
- $2,586
- Depreciation
- $5,235
- Program services (functional)
- $203,971
- Management and general (functional)
- $40,794
- Fundraising (functional)
- $27,195
Balance sheet and other
- Total assets, start of year
- $83,875
- Total assets, end of year
- $169,813
- Total liabilities, end of year
- $2,000
- Net assets, end of year
- $167,813
- Net assets without donor restrictions
- $167,813
- Gross receipts
- $355,898
- Employees
- 9
- Volunteers
- 2,540
- Year formed
- 2019
- State of legal domicile
- MN
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DAVID DUREY | PRESIDENT Trustee or director, Officer | 40 | $29,600 | $22,200 |
| VINCE DEAGLER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| DAVE FLEURQUIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WILLIAM JEFFERIS | CHAIRPERSON Trustee or director, Officer | 1 | $0 | $0 |
| JAY KLOPFENSTEIN | DIRECTOR Trustee or director | 40 | $0 | $0 |
| CHERYL TAY | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICK ENSRUD | Dean of Student Life Officer | 20 | $92,716 |
| DAVID DUREY | President CEO Trustee or director, Officer | 40 | $60,000 |
| JAY KLOPFENSTEIN | Chancellor Professor Trustee or director, Officer | 20 | $57,987 |
| JOE OLACHEA | Director of Admissions Officer | 20 | $17,885 |
| WILLIAM JEFFERIS | BOARD CHAIRPERSON Trustee or director | 3 | $0 |
| BRIAN HERRMAN | TREASURER Trustee or director | 3 | $0 |
| VINCE DEAGLER | SECRETARY Trustee or director | 2 | $0 |
| CAMERON ULLYATT | BOARD MEMBER Trustee or director | 2 | $0 |
| DAVE FLEURQUIN | BOARD MEMBER Trustee or director | 2 | $0 |
| RON BERGET | Asia DirectorRetired Officer | 20 | $0 |
Address and contacts
- Address (IRS master file)
- 9615 E COUNTY LINE RD STE B PMB 5, CENTENNIAL, CO 80112-3531
- In care of
- % DAVID DUREY
- Mailing address (990-N for 2020)
- 22233 E Alamo Lane, Centennial CO 80015
- Principal officer (990 for 2024)
- DAVID DUREY, 7849 W BROADWAY AVE, MINNEAPOLIS, MN 55445
- Principal officer (990-N for 2020)
- Jay Klopfenstein, 8823 Cedar Mountain Rd, Divide CO 80814
- Signed the 990
- DAVID DUREY, PRESIDENT
- Return prepared by
- DAVID C MOJA CPA
Mission
TO PROVIDE AFFORDABLE, ACCESSIBLE, ACCREDITED EDUCATION TO PASTORS AND LEADERS TO FINISH THE GREAT COMMISSION BY MULTIPLYING DISCIPLE MAKERS.
Program accomplishments
- TELEO UNIVERSITY OFFERS DISTANCE EDUCATION STUDIES AND DEGREES THAT COMPLEMENT T-NET INTERNATIONAL'S RIGOROUS TRAINING PROGRAM. THIS DISTANCE EDUCATION PROGRAM PROVIDES UNIQUE LEARNING AND EDUCATIONAL OPPORTUNITIES TO NONTRADITIONAL STUDENTS, OTHERWISE UNABLE TO OBTAIN OR SEEK SUCH EDUCATION DUE TO FINANCIAL AND GEOGRAPHIC BARRIERS.Expenses $203,971 · revenue $133,617
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 84-2888085
- 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
- 2020
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B43)
- Assets (IRS master file)
- $169,813
- Income (IRS master file)
- $355,898
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $355,898 | $271,960 | $169,813 | XML |
| 990 | June 2024 | $364,052 | $394,268 | $83,875 | XML |
| 990 | June 2023 | $465,339 | $439,764 | $123,308 | IRS |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-N for 2020 Officer: Jay Klopfenstein | June 30, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Jay Klopfenstein | June 30, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
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 84-2888085).
Questions about TELEO UNIVERSITY
- What is the EIN of TELEO UNIVERSITY?
- The employer identification number (EIN) of TELEO UNIVERSITY is 84-2888085.
- Is TELEO UNIVERSITY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to TELEO UNIVERSITY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TELEO 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 TELEO UNIVERSITY due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TELEO UNIVERSITY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of TELEO UNIVERSITY?
- The 990 for the year ended June 30, 2025 names DAVID DUREY.
- Who are the officers and directors of TELEO UNIVERSITY?
- The 990 for the year ended June 30, 2025 lists 6 people; 1 received compensation from the organization, the highest $29,600 (DAVID DUREY, PRESIDENT).
- How much revenue does TELEO UNIVERSITY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $355,898, expenses of $271,960 and total assets of $169,813 at year end.
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