Overview
What is Wgu Labs?
Wgu Labs is a nonprofit organization situated in Salt Lake City, Utah. With a team of 43 dedicated individuals, its primary mission is to engage in research, development, and licensing of innovative technologies to enhance learner outcomes in education. Beyond education, Wgu Labs also focuses on promoting and distributing information about integrated healthcare concepts and systems, sponsoring research in emerging practices, and supporting gatherings for those interested in this field. Wgu Labs has been actively working with six early-stage edtech companies to solve pressing education issues and is expanding the College Innovation Network, a collective of post-secondary institutions dedicated to serving under-represented students by researching innovative solutions to improve student outcomes. With the support of the Charles Koch Foundation, Wgu Labs is currently conducting research on a hybrid college model to increase access and completion rates for under-represented students.
Official website here: www.wgulabs.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: Needs Improvement (Two Stars, 74%)**
Wgu Labs has received a rating of 74%, indicating that the charity needs improvement, particularly in areas of accountability and finance. This score is derived solely from the organization's financial management metrics, which are assessed for efficiency, sustainability, and trustworthiness. Although the organization has some strong financial elements, such as a solid program expense ratio, it has significant shortcomings, including a complete lack of independent board members and missing documentation on document retention policies.
Despite the positive financial management practices noted, there are concerns regarding governance, as leadership and community engagement factors have not been evaluated. This suggests that while financial health may be stable, there is room for growth in leadership strategies and impact measurement, which could enhance overall effectiveness and trust in the organization.
User reviews from GreatNonprofits could not be fetched, limiting insights into public sentiment about Wgu Labs. As such, stakeholders considering engagement or support may want to look more closely at both the financial details and the organization's governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Wgu Labs legitimate?
Wgu Labs is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wgu Labs submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $529,658
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,555,295
For more financial information, click here
Official website here: www.wgulabs.org
What is the mission statement of Wgu Labs?
Wgu Labs is committed to engaging in research, development, and licensing of innovative technologies with the goal of optimizing learner outcomes. Beyond this, the organization also focuses on disseminating information about integrated healthcare concepts and systems. Wgu Labs sponsors research focused on emerging practices in integrated healthcare and supports convenings for individuals interested in this field. Additionally, they facilitate and back initiatives that aim to advance the understanding and implementation of integrated healthcare.
Official website here: www.wgulabs.org
Who is the CEO of Wgu Labs?
Jason Levin is the President of Wgu Labs.
Official website here: www.wgulabs.org
What is the revenue of Wgu Labs?
Wgu Labs's revenue in 2022 was $10,973,970.
Official website here: www.wgulabs.org
Who are the executives of Wgu Labs and what are their salaries?
The average compensation at Wgu Labs during 2022 was $94,999. There are 43 employees and 2 volunteers at Wgu Labs.
Here are 12 key members and their salaries:
- Compensation: $0
- Related: $1,804,900
- Other: $55,038
- Compensation: $0
- Related: $624,167
- Other: $50,565
- Compensation: $398,214
- Related: $0
- Other: $50,215
- Compensation: $222,347
- Related: $84,421
- Other: $34,542
- Compensation: $190,608
- Related: $0
- Other: $19,500
- Compensation: $0
- Related: $183,120
- Other: $25,209
- Compensation: $162,851
- Related: $0
- Other: $35,032
- Compensation: $173,447
- Related: $0
- Other: $19,500
- Compensation: $133,880
- Related: $0
- Other: $44,006
- Compensation: $0
- Related: $98,470
- Other: $27,251
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.wgulabs.org
Where can I find the form 990 for Wgu Labs?
Wgu Labs's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wgulabs.org
Learn more at the official website: www.wgulabs.org
Mission Statement of Wgu Labs
Wgu Labs, a research-driven organization, is dedicated to optimizing learner outcomes by engaging in the development, licensing, and innovation of cutting-edge technologies. Beyond this primary focus, Wgu Labs also seeks to disseminate information about integrated healthcare concepts and systems. The organization sponsors research centered on emerging practices in integrated healthcare and facilitates and supports gatherings for individuals interested in this field. In essence, Wgu Labs serves as a hub for the advancement of integrated healthcare, leveraging its research and development capabilities to drive progress and improve outcomes.
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Impact
July, 2024
Wgu Labs is making a tangible impact in the education sector by engaging in research, development, and licensing of innovative technologies to optimize learner outcomes. Through collaboration with early-stage edtech companies, Wgu Labs is addressing critical issues in education and fostering growth in the industry. Additionally, the organization is expanding the College Innovation Network, which aims to research and implement innovative solutions to enhance student outcomes, especially for under-represented students.
Wgu Labs is also conducting vital research on a hybrid college model with the support of the Charles Koch Foundation. This research focuses on increasing access and completion rates for under-represented students, ultimately striving to create a more inclusive and successful educational environment.
In summary, Wgu Labs' work is directly contributing to the improvement of educational outcomes and the advancement of innovative practices in the field of education.
This information is meant to be a general summary of Wgu Labs. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $69,941
- Program Service Revenue: $2,198,279
- Gross Receipts: $10,974,547
Assets and Liabilities:
- Total Assets: $9,230,788
- Total Liabilities: $1,639,084
- Net Assets: $7,591,704
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT RESEARCH SERVICE REVENUES
Revenue
$2,198,279
Organization Details
Founding Year
2017
Phone
(385) 428-9120Principal Officer
Jason Levin
Main Address
4001 SOUTH 700 EAST Suite 700, SALT LAKE CITY, UT, 84107
Website
www.wgulabs.orgNTEE Category
Code: B90 - Education
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