University of Redlands, Los Angeles
Legal name: Woodbury University
Nonprofit profile at a glance
- EIN
- 952786163
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Burbank, CA, US
- Phone
- 818 252 5221
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- University or Technological Institute
Reported finances
- Revenue
- $47,039,257
- Expenses
- $47,774,475
- Assets
- $42,039,796
- Liabilities
- $27,664,135
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- BARRY RYAN (PRESIDENT AND CEO (THRU 06/24))
Highest reported compensation
- KRISTA L NEWKIRK (TRUSTEE): $680,809 total reported compensation
- BARRY RYAN (PRESIDENT AND CEO (THRU 06/24)): $469,776 total reported compensation
- MICHELE A STARKEY - SENIOR (VP, ACADEMIC AFFAIRS (THRU 06/24)): $260,886 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Woodbury university empowers people to do extraordinary things. We transform students into liberally educated professionals and socially responsible citizens by integrating liberal arts, design thinking, entrepreneurship, and civic engagement into all programs. We achieve academic excellence by creating external partnerships, implementing effective internal processes, and ensuring quality in all programs and services.successful woodbury graduates are ambassadors for the university. They are innovative leaders who help individuals and communities flourish. They are known for being strong communicators, ethical thinkers and creative problem-solvers with a deep commitment to sustainability and social justice. They are knowledgeable in their disciplines and eager for collaboration and continuous learning. They integrate professional skills with global citizenship, entrepreneurial energy, and intellectual curiosity. Woodbury graduates make a difference.
What it reported doing in 2024
Woodbury university transforms students into innovative professionals who will contribute responsibly to the global community. We achieve academic excellence by focusing on purposeful student engagement, establishing external partnerships and ensuring that all our processes, services and environment enrich the student experience. In fy25, the university served 823 students across undergraduate and graduate programs, offering 35 majors.
Operating model
- Revenue model
- Earned-program. 90% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 53% for direct work, and 47% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 87
- Accountability: 92
- Sustainability: 29
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 89%; rating input score 89
- Program expense ratio: 87.7%; rating input score 88
- Fundraising efficiency: $5.04 raised per $1 spent on fundraising; rating input score 20; 20th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 85.7%; rating input score 86; 19th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -1.6%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 0.88; rating input score 32; 32nd percentile among comparable filings
- Liabilities to assets ratio: 0.66; rating input score 19; 19th percentile among comparable filings
- Officer compensation ratio: 5.8%; rating input score 44; 44th percentile among comparable filings
Growth
- Program expense growth: 0.1% per year; rating input score 100; 11th percentile among comparable filings
- Revenue growth: 0.4% per year; rating input score 100; 10th percentile among comparable filings
- Asset growth: -3% per year; rating input score 0; 4th percentile among comparable filings
Details
- What they do: 2 operating locations identified
- Where the money goes: 89% of revenue deployed · 87.7% of spending went to programs
- Governance: 6 of 7 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $41.9M in reported program spending
- Leadership: top reported pay $681K · 21 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $4.9M reported
- Consistency: 36 of 36 current checks pass
- Schedules: 9 filed schedules · includes major donors, grants, and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 13 filed money-flow records
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Financial Efficiency: Fundraising efficiency scored 20/100.
- High — Sustainability: Operating margin scored 25/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
- High — Sustainability: Liabilities to assets ratio scored 19/100.
- Moderate — Sustainability: Officer compensation ratio scored 44/100.
- Review — Grant Readiness: California registration: this organization could not be resolved against the register, so the check is unfinished.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.