Civic Intelligence

Teleo University

990EZ • Fiscal year 2022 • EIN 84-2888085

Jul 01, 2021 to Jun 30, 2022 • Filed on Aug 12, 2022

Organization ProfileWWW.TELEOUNIVERSITY.ORG
7849 W Broadway AveMinneapolis, MN 55445

(763) 220-8850

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

94th percentile

70%

Higher net margin than 94% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

$94,433

No earlier filing loaded for comparison.

Net Assets

$94,433

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin94th percentile

Revenue

$98,160

No earlier filing loaded for comparison.

Expenses

$29,829

No earlier filing loaded for comparison.

Net Income

$68,331

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$150K$100K$50K$0Assets 2022: $94,433Liabilities 2022: $0Net Assets 2022: $94,4332022Assets 2023: $123,308Liabilities 2023: $3,300Net Assets 2023: $120,0082023Assets 2024: $83,875Liabilities 2024: $9,633Net Assets 2024: $74,2422024Assets 2025: $169,813Liabilities 2025: $2,000Net Assets 2025: $167,8132025

Highlighted filing

2022

Assets$94,433
Liabilities$0
Net Assets$94,433
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2022: $98,160Expenses 2022: $29,829Net Income 2022: $68,3312022Revenue 2023: $465,339Expenses 2023: $439,764Net Income 2023: $25,5752023Revenue 2024: $364,052Expenses 2024: $394,268Net Income 2024: -$30,2162024Revenue 2025: $355,898Expenses 2025: $271,960Net Income 2025: $83,9382025

Highlighted filing

2022

Revenue$98,160
Expenses$29,829
Net Income$68,331
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Aug 12, 2022
Return Version
2021v4.2
Gross Receipts
$98,160
Mission and Program Overview

Mission

To provide affordable, accessible, accredited education to pastors and leaders to finish the great commission by multiplying disciple makers.

Pastor and leader distance learning

Program Services

DescriptionGrantsExpenses
Teleo University offers online studies and degrees that complement TNet Internationals rigorous training program The online training provides unique learning educational opportunities to non traditional studentsotherwise unable to obtain or seek such education due to financial and geographic barriers-$29,829
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JAY KLOPFENSTEINPresident CEOPT$0--
DAVID DUREYProvostFT$0--
WILLIAM JEFFERISBoard Chairperson-$0--
BRIAN HERRMANTreasurer-$0--
VINCE DEAGLERSecretary-$0--
CAMERON ULLYATTBoard Member-$0--
DAVE FLEURQUINBoard Member-$0--
JOE OLACHEAChief Academic OfficerPT$0--
RICK ENSRUDVP Student Life DeanPT$0--
SUSANN LUJANCFOPT$0--
RON BERGETDeanschl Of MinistryPT$0--
Filing and Contact Details

Filer

Filer Name
Teleo University
EIN
84-2888085
In Care Of
% JAY KLOPFENSTEIN
Address
7849 W BROADWAY AVE, Minneapolis, MN 55445

Signing Officer

Name
Jay Klopfenstein
Title
President CEO
Phone
7208860737
Signed
2022-08-12
Discuss with paid preparer
Yes

Preparer

Firm
Alan M Lane CPA
Address
807 Legion St A14, Craig, CO 81625
Preparer
Alan M Lane
Phone
7192900522
Supplemental Narrative

Additional Explanations

Part I Line 16

“Information technology $6450.00”

Part I Line 16

“Degrees & Diplomas $5425.00”

Part I Line 16

“Dues & Subscriptions $3421.00”

Part I Line 16

“Program Development $9665.00”

Part I Line 16

“Bank & Processing Fees $162.00”

Raw XML Appendix193 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10RON BERGET
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PROVOST
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD CHAIRPERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8VP STUDENT LIFE DEAN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10DEANSCHL OF MINISTRY
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt029829
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Information technology $6450.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Degrees & Diplomas $5425.00
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I Line 16
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part I Line 16
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JAY KLOPFENSTEIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum07208860737
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-08-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TELEO UNIVERSITY
ReturnHeader/Filer/BusinessNameControlTxt0TELE
ReturnHeader/Filer/EIN0842888085
ReturnHeader/Filer/InCareOfNm0% JAY KLOPFENSTEIN
ReturnHeader/Filer/USAddress/AddressLine1Txt07849 W BROADWAY AVE
ReturnHeader/Filer/USAddress/CityNm0Minneapolis
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0823433112
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0807 Legion St A14
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ReturnHeader/PreparerPersonGrp/PhoneNum07192900522
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALAN M LANE
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-08-12T14:12:05-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JAY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KLOPFENSTEIN
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$94,433
Liabilities
$0
Net assets
$94,433
Revenue
$98,160
Expenses
$29,829
Net income
$68,331
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.70$0.02$1.68$3.56$2.72$0.84
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.84$0.10$0.74$3.64$3.94$0.30
2023Detailed filing. Detailed filing data is available for this year.$1.23$0.03$1.20$4.65$4.40$0.26
2022Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$0.98$0.30$0.68