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DUKE CORPORATE EDUCATION

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Public IRS 990 nonprofit record

DUKE CORPORATE EDUCATION

EIN 42-1672476 · Educational Services (B90)

What they do

THE PURPOSES for WHICH THIS CORPORATION is FORMED ARE for SCIENTIFIC, EDUCATIONAL, LITERARY and CHARITABLE PURPOSES WITHIN THE MEANING of SECTION 501(C)(3) of THE INTERNAL REVENUE CODE of 1986, AS AMENDED (HEREINAFTER THE "CODE"), and for THE SPECIFIC and EXCLUSIVE PURPOSE of THE PROMOTION of THE WELFARE of DUKE UNIVERSITY (OR ANY of DUKE UNIVERSITYS SUPPORT or AFFILIATED CORPORATIONS); and to ACQUIRE, RETAIN and OPERATE PROPERTY or PROPERTIES, REAL or PERSONAL, TANGIBLE or INTANGIBLE, to BE HELD EXCLUSIVELY for THE BENEFIT or AT THE DIRECTION of DUKE UNIVERSITY (OR ANY of DUKE UNIVERSITYS SUPPORT or AFFILIATED CORPORATIONS); and to ENGAGE IN ANY LAWFUL ACT or ACTIVITY for WHICH CORPORATIONS MAY BE ORGANIZED UNDER THE NONPROFITCORPORATION ACT of NORTH CAROLINA. DUKE UNIVERSITY is A NORTH CAROLINA CORPORATION WHICH is AN ORGANIZATION DESCRIBED IN SECTIONS 501(C)(3) and 509(A)(1) of THE CODE.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $84.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders14 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

79.52%of revenue went to mission work84.6% of expenses · Program services
$93.96spent for every $100 of revenueRevenue covered expenses this year.
14.45%of revenue went to management and office costs15.4% of expenses
$1.18in assets for every $1 spent this yearSome assets cannot be spent right away.

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  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $663,048 for VISHAL PATEL (PRESIDENT GLOBAL MARKETS). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$33,688,688
Mission workProgram services$26,787,63079.52% of revenue84.6% of expenses
ManagementOffice and general costs$4,866,49414.45% of revenue15.4% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$2,034,5646.04% of revenueShown in gray on the chart
Total expenses$31,654,12493.96% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 84.6% mission · 15.4% management · 0.0% fundraisingTotal expenses: 93.96% of revenue
2023Expense mix: 79.1% mission · 20.9% management · 0.0% fundraisingTotal expenses: 88.57% of revenue
2022Expense mix: 79.2% mission · 20.8% management · 0.0% fundraisingTotal expenses: 93.17% of revenue
2021Expense mix: 78.5% mission · 21.5% management · 0.0% fundraisingTotal expenses: 86.28% of revenue
2020Expense mix: 79.6% mission · 20.4% management · 0.0% fundraisingTotal expenses: 104.62% of revenue
2019Expense mix: 79.2% mission · 20.8% management · 0.0% fundraisingTotal expenses: 108.50% of revenue
2018Expense mix: 82.5% mission · 17.5% management · 0.0% fundraisingTotal expenses: 88.04% of revenue
2017Expense mix: 83.7% mission · 16.3% management · 0.0% fundraisingTotal expenses: 92.21% of revenue

Money in and money out

Revenue$33,688,688
Expenses$31,654,124
Annual surplus $2,034,564 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$26,787,630 · 84.6% of expenses
Management and office costs$4,866,494 · 15.4% of expenses
See all reported dollar amounts
Revenue$33,688,688
Expenses$31,654,124
Assets$37,288,313
Income$34,296,173
Mission work (program services)$26,787,630
Management and general$4,866,494
Accounting fees$369,135
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
VISHAL PATELPRESIDENT GLOBAL MARKETS · 40 hrs/week $663,048Base $638,257 · Other $24,791
PAUL MATHEWSCFO · 40 hrs/week $394,922Base $353,976 · Other $40,946
DAVID WELSHREGIONAL MANAGING DIRECTOR · 40 hrs/week $373,835Base $332,835 · Other $41,000
BARBARA FRICKSECRETARY/DIR. OF REG. COM · 40 hrs/week $287,802Base $234,001 · Other $53,801
CHRISTINE ROBERSCMO · 40 hrs/week $286,128Base $266,808 · Other $19,320
PRAKASH RADHAKEESOONMANAGING DIRECTOR · 40 hrs/week $266,262Base $228,891 · Other $37,371
MICHAEL A CHAVEZ JRFORMER DIRECTOR/CEO · 40 hrs/week $246,906Base $226,616 · Other $20,290
KEVIN MAUGHANDIRECTOR, IT GLOBAL · 40 hrs/week $238,703Base $205,662 · Other $33,041
JASON KULASINGAMMANAGING DIRECTOR · 40 hrs/week $234,164Base $224,128 · Other $10,036
MARY LUCEDIRECTOR/CHAIRMAN - FROM 9/24/24 $96,655Base · Other $96,655
THAYANAYAGEE CHETTYDIRECTOR/CEO · 2 hrs/week $86,597Base · Other $86,597
ALEC D GALLIMOREDIRECTOR/VICE CHAIR $76,763Base · Other $76,763

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (14)

VISHAL PATELPRESIDENT GLOBAL MARKETS

PAUL MATHEWSCFO

DAVID WELSHREGIONAL MANAGING DIRECTOR

BARBARA FRICKSECRETARY/DIR. OF REG. COM

CHRISTINE ROBERSCMO

PRAKASH RADHAKEESOONMANAGING DIRECTOR

MICHAEL A CHAVEZ JRFORMER DIRECTOR/CEO

KEVIN MAUGHANDIRECTOR, IT GLOBAL

JASON KULASINGAMMANAGING DIRECTOR

MARY LUCEDIRECTOR/CHAIRMAN - FROM 9/24/24

THAYANAYAGEE CHETTYDIRECTOR/CEO

ALEC D GALLIMOREDIRECTOR/VICE CHAIR

DANIEL G ENNISDIRECTOR

WILLIAM BOULDINGDIRECTOR/CHAIRMAN - THRU 9/24/24

About this charity

Recognized since
January 2007
Location
310 BLACKWELL ST, DURHAM, NC 27701-3611
County
Durham
In care of
% BARBARA M FRICK
Primary officer
BARBARA FRICK, SEC/DIR OF REG COMP

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
KPMG LLP
NTEE classification
Educational Services (B90)
IRS tax category
Educational Services

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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