Prager University Foundation

The information on this page was last updated 10/2/2023. If you see errors or omissions, please email: [email protected]


Summary

PragerU promotes American values through the creative use of educational videos that reach millions of people online.


Contact information

Mailing address:
15021 Ventura Blvd. #552
Sherman Oaks, CA 91403

Website: prageru.com

Phone: (833)772-4378

Email: [email protected]


Organization details

EIN: 271763901

CEO/President: Marissa Streit

Chairman: Steve Robinson

Board size: 7

Founder: Dennis Prager

Ruling year: 2010

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:


Purpose

As a 501(c)(3) nonprofit, Prager University Foundation ("PragerU") offers a free alternative to the dominant left-wing ideology in culture, media, and education.


Mission statement

PragerU promotes American values through the creative use of educational videos that reach millions of people online.


Statement of faith

Donor confidence score

Show donor confidence score details

Transparency grade

D

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Advocacy

CategoryRatingOverall rankSector rank
Overall efficiency rating988 of 109744 of 48
Fund acquisition rating852 of 109941 of 48
Resource allocation rating853 of 109937 of 48
Asset utilization rating872 of 109734 of 48

Financial ratios

Funding ratiosSector median20222020201920182017
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%13%10%9%7%9%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%13%10%8%7%9%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
97%100%96%94%96%99%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
8%19%17%12%10%11%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
3%0%4%6%4%1%
 
Operating ratiosSector median20222020201920182017
Program expense ratio Program expense ratio =
Program services /
Total expenses
81%74%75%80%82%79%
Spending ratio Spending ratio =
Total expenses /
Total revenue
94%69%57%72%69%80%
Program output ratio Program output ratio =
Program services /
Total revenue
76%51%43%57%57%63%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
6%31%43%28%31%20%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
7%26%42%32%39%25%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%7%8%8%8%10%
 
Investing ratiosSector median20222020201920182017
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.430.520.530.760.821.00
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.261.081.011.001.001.72
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.120.560.530.760.821.71
 
Liquidity ratiosSector median20222020201920182017
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.1927.3739.5319.7213.3412.45
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.040.030.050.070.08
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.3120.5122.0614.9713.536.44
 
Solvency ratiosSector median20222020201920182017
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
19%11%4%5%7%5%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%2%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
57%170%182%125%113%96%

Financials

Balance sheet
 
Assets20222020201920182017
Cash$26,142,659$29,695,020$16,251,352$11,865,940$4,855,540
Receivables, inventories, prepaids$4,524,154$2,144,121$2,253,492$3,249,547$20,000
Short-term investments$49,961,781$6,845,396$3,927,633$624,197$0
Other current assets$0$0$0$0$0
Total current assets$80,628,594$38,684,537$22,432,477$15,739,684$4,875,540
Long-term investments$0$0$0$0$3,461,226
Fixed assets$370,469$59,175$31,871$0$514
Other long-term assets$5,725,258$197,748$63,210$48,507$45,112
Total long-term assets$6,095,727$256,923$95,081$48,507$3,506,852
Total assets$86,724,321$38,941,460$22,527,558$15,788,191$8,382,392
 
Liabilities20222020201920182017
Payables and accrued expenses$2,886,852$978,724$1,137,681$955,168$391,566
Other current liabilities$58,500$0$0$225,000$0
Total current liabilities$2,945,352$978,724$1,137,681$1,180,168$391,566
Debt$0$704,057$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$6,384,175$0$0$0$0
Total long-term liabilities$6,384,175$704,057$0$0$0
Total liabilities$9,329,527$1,682,781$1,137,681$1,180,168$391,566
 
Net assets20222020201920182017
Without donor restrictions$72,500,230$36,708,679$19,342,507$12,158,023$7,990,826
With donor restrictions$4,894,564$550,000$2,047,370$2,450,000$0
Net assets$77,394,794$37,258,679$21,389,877$14,608,023$7,990,826
 
Revenues and expenses
 
Revenue20222020201920182017
Total contributions$65,180,092$34,681,451$22,372,603$17,942,046$10,238,171
Program service revenue$5,000$3,000$54,146$8,580$0
Membership dues$0$0$0$0$0
Investment income$719,111$138,184$265,684$119,232$170,474
Other revenue($404,646)$1,365,559$1,115,327$529,684($25,085)
Total other revenue$319,465$1,506,743$1,435,157$657,496$145,389
Total revenue$65,499,557$36,188,194$23,807,760$18,599,542$10,383,560
 
Expenses20222020201920182017
Program services$33,497,160$15,438,417$13,674,959$10,619,286$6,579,726
Management and general$3,348,647$1,592,386$1,392,629$969,197$844,372
Fundraising$8,609,270$3,483,274$1,999,392$1,323,437$931,514
Total expenses$45,455,077$20,514,077$17,066,980$12,911,920$8,355,612
 
Change in net assets20222020201920182017
Surplus (deficit)$20,044,480$15,674,117$6,740,780$5,687,622$2,027,948
Other changes in net assets$0$0$0$0$0
Total change in net assets$20,044,480$15,674,117$6,740,780$5,687,622$2,027,948

Compensation

NameTitleCompensation
Marissa StreitCEO$978,263
David PragerChief Development Officer$442,845
Layne ThrasherChief Financial Officer$388,699
Craig StrazzeriChief Marketing Officer$385,601
Allen EstrinExecutive Director$327,500
Kevin RoyseChief Advancement Officer$246,460
Kelly McNairVP, Development$198,054
Jura ChungVP, Prageru Kids - Until 10/2022$191,666
Michael MurrayVP, Development - Until 10/2022$183,526
Aaron FlajsingDevelopment Director$174,162
Lucy WernerVP, Development$159,000

Compensation data as of: 12/31/2022


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 10/2/2023. To update the information below, please email: [email protected]


History


Program accomplishments

Over 8B lifetime views-1.9B+ views in 2022 alone!

PragerU content is watched 5M times every day.

1M+ households have downloaded the PragerU app

700K+ parents, grandparents, and educators have subscribed to PragerU Kids!


Needs