2026-03-16T09:14:12-05:00 2025-09-30 382157642 MANER COSTERISAN PC 2425 E GRAND RIVER SUITE 1 LANSING MI 489123291 990 2024-10-01 383414105 MICHIGAN VIRTUAL UNIVERSITY MICH 5173367733 920 MUNICIPAL WAY LANSING MI 48917 JAMEY FITZPATRICK PRESIDENT/CEO 5173367733 2026-03-05 1 1 BRANDY L MIKULA CPA P00645694 5173237500 2026-03-04 2024 2025-03-06 01:10:19Z JAMEY FITZPATRICK 920 MUNICIPAL WAY LANSING MI 48917 25307530 0 X WWW.MICHIGANVIRTUAL.ORG X 1998 MI MAXIMIZE LEARNING AND TEACHING BY BRINGING TOGETHER THE BEST IN PEOPLE AND TECHNOLOGY. 16 15 395 15 0 0 11328363 10321000 12270116 13094695 415725 381693 9296 22085 24023500 23819473 0 0 0 0 15147141 16303093 0 0 0 7444875 6863982 22592016 23167075 1431484 652398 22107671 23543081 1809105 2377291 20298566 21165790 X MAXIMIZE LEARNING AND TEACHING BY BRINGING TOGETHER THE BEST IN PEOPLE AND TECHNOLOGY. 0 0 20220371 13116780 MICHIGAN VIRTUAL IS A NONPROFIT EDUCATIONAL ORGANIZATION THAT IS LEADING INNOVATION TO BUILD LEARNING OPPORTUNITIES FOR TOMORROW. DRIVEN BY STUDENT SUCCESS, WE HAVE A STRONG RECORD OF SUPPORTING MICHIGAN EDUCATION THAT SPANS MORE THAN TWO DECADES. WHILE MANY KNOW US FOR OUR RESEARCH-BASED, QUALITY ONLINE LEARNING OPTIONS FOR STUDENTS AND PROFESSIONAL DEVELOPMENT FOR EDUCATORS, WE ALSO DO A GREAT DEAL OF WORK BEHIND THE SCENES TO CONDUCT ORIGINAL RESEARCH, TEST INNOVATIONS IN LEARNING, AND PROVIDE CONSULTING PARTNERSHIPS TO PROMOTE EFFECTIVE PRACTICES. EDUCATION IS CHANGING FASTER THAN EVER. DISCOVER NEW MODELS AND RESOURCES TO MOVE LEARNING FORWARD AT MICHIGANVIRTUAL.ORG.IN 2024-25, MICHIGAN VIRTUAL ACCOMPLISHED THE FOLLOWING:DELIVERED OVER 35,500 STUDENT ENROLLMENTS TO OVER 18,434 STUDENTS IN 260 DIFFERENT ONLINE COURSES.HELPED MICHIGAN EDUCATORS MAINTAIN THEIR CERTIFICATION BY PROVIDING MORE THAN 279,000 COMPLETED STATE CONTINUING EDUCATION CLOCK HOURS (SCECHS).SERVED OVER 363,707 ENROLLMENTS TO MORE THAN 122,000 ADULT LEARNERS ACROSS OVER 250 ONLINE PROFESSIONAL DEVELOPMENT COURSES.MICHIGAN VIRTUAL PARTNERED WITH 27 ORGANIZATIONS TO OFFER PROFESSIONAL LEARNING OPPORTUNITIES THAT ALIGNED TO THEIR MEMBER'S TRAINING NEEDS.RECEIVED A 96% HIGHLY SATISFIED SCORE FROM NEARLY 100,500 PROFESSIONAL LEARNERS WHO COMPLETED OUR END-OF-COURSE SURVEY.STAFF ATTENDED 35 CONFERENCES THROUGHOUT MICHIGAN AND SOME NATIONALLY, PROVIDING 97 SESSIONS OF PROFESSIONAL LEARNING TO K-12 EDUCATIONAL STAKEHOLDERS.COMPLETED THE DESIGN OF THREE INDUSTRY CERTIFICATIONS THAT WERE MADE AVAILABLE TO STUDENTS STARTING WITH THE FALL SEMESTER IN 2025. PUBLISHED 6 RESEARCH REPORTS ON TOPICS REGARDING AI IN EDUCATION AND VIRTUAL LEARNING ENVIRONMENTS. CONTINUED TO OFFER CONSULTING SERVICES FOR K-12 SCHOOLS AND ORGANIZATIONS TO SUPPORT STAKEHOLDERS AS THEY WORK TO DESIGN, IMPLEMENT, AND OPERATIONALIZE INNOVATIVE DELIVERY MODELS.CONTINUED A PARTNERSHIP WITH THE FUTURE OF LEARNING COUNCIL AND PROVIDED ADMINISTRATIVE SUPPORT AND MEETING SPACE TO FACILITATE THEIR WORK.REVIEWED AND SUPPORTED 1,300 IEP PLANS FOR SPECIAL EDUCATION STUDENTS. REVIEWED AND SUPPORTED 2,300 STUDENT 504 PLANS IDENTIFIED BY SCHOOL PARTNERS. PROCESSED 11,850 CUSTOMER CALLS, CLOSED 12,472 CUSTOMER TICKETS, AND MAINTAINED A 92% SATISFACTION RATING THROUGH OUR CUSTOMER CARE CENTER.THE ARTIFICIAL INTELLIGENCE (AI) LAB EXPANDED THE LEADERSHIP ROLE OF THE INSTITUTE TO INCLUDE INVESTIGATING THE INSTRUCTIONAL, POLICY, ETHICAL, AND LEGAL ASPECTS CONNECTED TO THE USE OF AI IN PUBLIC SCHOOLS, AND CREATING RESOURCES, TRAININGS, AND SCHOOL PARTNERSHIPS TO HELP BUILD AWARENESS ABOUT THE INCREASINGLY DISRUPTIVE TECHNOLOGY OF AI AND HELP DISTRICTS PLAN AND PREPARE FOR THE FUTURE. OVER 525 AI TRAININGS FOR 18,000+ PARTICIPANTS TOTALING OVER 34,000 HOURS WERE PROVIDED TO SCHOOL DISTRICTS THIS FISCAL YEAR. THIS INCLUDED HOSTING THE THIRD ANNUAL AI SUMMIT FOR MORE THAN 500 MICHIGAN EDUCATORS.THE AI LAB CONTINUED THE AI STATEWIDE WORKGROUP, WHICH INCLUDES 19 OF THE LEADING EDUCATIONAL ORGANIZATIONS AND HAS EVOLVED INTO FIVE SUBGROUPS THAT INCLUDE LEADERSHIP FROM LEAS AND ISDS ACROSS THE STATE TO CONTINUE THE WORK OF THOUGHTFUL AI INTEGRATION IN K-12 SCHOOLS.ORGANIZED A TRIP TO THE 2025 ASU+GSV SUMMIT, ONE OF THE MOST IMPACTFUL CONVENINGS OF LEADERS IN EDUCATION AND WORKFORCE DEVELOPMENT, FOR NEARLY 40 MICHIGAN SUPERINTENDENTS AND THEIR LEADERSHIP TEAMS.CONTINUED PARTNERSHIP WITH MIREGISTRY, AN ORGANIZATION THAT SUPPORTS PROFESSIONALS WHO RUN DAYCARE CENTERS, AFTER-SCHOOL PROGRAMS, AND EARLY CHILDHOOD PROGRAMS, TO PROVIDE AN ONLINE LEARNING OPTION FOR STATE CERTIFICATION. CREATED THE INNOVATION DESIGN STUDIO AT MICHIGAN VIRTUAL TO SERVE AS A MODEL FOR MODERN LEARNING ENVIRONMENTS, INTEGRATING TECHNOLOGY, FLEXIBLE DESIGN, AND INTERACTIVE TRAINING. IT WILL OFFER PROGRAMS THAT BUILD DISTRICT CAPACITY, INFORM LOCAL DECISIONS ON INSTRUCTIONAL DESIGN, AND SHOWCASE MICHIGAN VIRTUAL'S LEADERSHIP IN SHAPING THE FUTURE OF EDUCATION ACROSS THE STATE. 20220371 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 44 0 1 395 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 15 0 0 1 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MI X X SARAH COOK 5173367733 920 MUNICIPAL WAY LANSING MI 48917 JAMEY FITZPATRICK PRESIDENT & CEO 40.00 X X 241896 0 43917 BRANDY JOHNSON DIRECTOR 1.00 X 0 0 0 JOHN SEVERSON DIRECTOR 1.00 X 0 0 0 TIFFANY TAYLOR DIRECTOR 1.00 X 0 0 0 WENDY ZDEB DIRECTOR 1.00 X 0 0 0 CHANDRA MADAFFERI DIRECTOR 1.00 X 0 0 0 DAN KIBLAWI DIRECTOR 1.00 X 0 0 0 PRENTISS M BROWN DIRECTOR 1.00 X 0 0 0 ROSSI RAY-TAYLOR DIRECTOR 1.00 X 0 0 0 MICHAEL RICE DIRECTOR 1.00 X 0 0 0 JEFF WILLIAMS DIRECTOR 1.00 X 0 0 0 BRENDAN GUENTHER DIRECTOR 1.00 X 0 0 0 STEPHANIE TEASLEY VICE CHAIR 1.00 X X 0 0 0 DARRELL BURKS SECRETARY/TREASURER 1.00 X X 0 0 0 AMANDA WAGENSCHUTZ CHAIR 1.00 X X 0 0 0 BRIAN BRODERICK AUDIT COMMITTEE CHAIR 1.00 X X 0 0 0 JOSEPH R FREIDHOFF VICE PRESIDENT 40.00 X 183559 0 39555 SARAH COOK CHIEF FINANCIAL OFFICER 30.00 X 113209 0 9881 RAYMOND BATT VP OF BUSINESS STRATEGY 40.00 X 198506 0 35638 CHRISTOPHER HARRINGTON SENIOR DIRECTOR OF OF INNO 40.00 X 124103 0 34567 ALICIA GANAWAY SENIOR DIRECTOR OF HUMAN R 40.00 X 121308 0 34563 KENNETH DIRKIN SENIOR DIRECTOR OF MVLRI 40.00 X 131239 0 12907 SCOTT WATKINS SENIOR DIR. OF BUSINESS STRATEGY 40.00 X 116187 0 32904 1230007 0 243932 17 0 1 0 CORE2EDGE LLC 20921 BALFOUR STREET CLINTON TOWNSHIP MI 48036 CONSULTING 174000 1 10300000 21000 10321000 TUITION AND FEES 611600 12202552 12202552 CONTRACT REVENUE 900099 892143 892143 13094695 484778 484778 1384972 1486572 1485 -101600 -1485 -103085 -103085 MISCELLANEOUS INCOME 900099 22085 22085 22085 23819473 13116780 0 381693 662387 235203 427184 12646617 11362465 1284152 654206 597989 56217 1319820 1210439 109381 1020063 916691 103372 59258 59258 35424 35424 47925 47925 42482 42482 1247604 897142 350462 327138 87356 239782 49867 20724 29143 285278 11951 273327 69853 69853 285288 199398 85890 215045 178373 36672 546524 171775 374749 91337 91337 LICENSES & REGISTRATION 2790185 2288320 501865 PRODUCT DEV. & DESIGN 323626 261837 61789 PROFESSIONAL DEV. 161720 39383 122337 PAYROLL FEES 75907 75907 209521 1741325 -1531804 23167075 20220371 2946704 0 9027638 9681629 73666 1263876 1140295 1356001 1405099 8430541 3352162 4765130 5078379 5212817 5956455 237209 207558 245000 0 22107671 23543081 1606471 2128249 202634 249042 1809105 2377291 X 20298566 21092124 73666 20298566 21165790 22107671 23543081 652398 141160 73666 0 X 0 1 X 1 0 X 10551842 9908761 10030224 11328363 10321000 52140190 10551842 9908761 10030224 11328363 10321000 52140190 52140190 51716 131187 318042 477620 484778 1463343 5836 11008 13515 9296 22085 61740 53665273 68294484 0.97160 0.97800 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2020 AMOUNT: $ 5,836. 2021 AMOUNT: $ 11,008. 2022 AMOUNT: $ 13,515. 2023 AMOUNT: $ 9,296. 2024 AMOUNT: $ 22,085. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 47925 47925 23119150 23167075 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 47229 46529 46529 47925 188212 250000 250000 250000 250000 1000000 1500000 47229 46529 46529 47925 188212 297988 297988 3545795 523356 3022439 487253 204409 282844 410316 143776 266540 3689189 2480621 1208568 5078379 X 23991817 141160 73666 214826 23776991 42482 42482 23819473 23124593 0 23124593 42482 42482 23167075 PART X, LINE 2: IN THE PREPARATION OF TAX RETURNS, TAX POSITIONS ARE TAKEN BASED ON INTERPRETATION OF FEDERAL, STATE AND LOCAL INCOME TAX LAWS. MANAGEMENT PERIODICALLY REVIEWS AND EVALUATES THE STATUS OF UNCERTAIN TAX POSITIONS AND MAKES ESTIMATES OF AMOUNTS, INCLUDING INTEREST AND PENALTIES, ULTIMATELY DUE OR OWED. NO AMOUNTS HAVE BEEN IDENTIFIED, OR RECORDED, AS UNCERTAIN TAX POSITIONS. FEDERAL, STATE AND LOCAL TAX RETURNS GENERALLY REMAIN OPEN FOR EXAMINATION FOR THE VARIOUS TAXING AUTHORITIES FOR A PERIOD OF THREE TO FOUR YEARS. X X X X 0 0 0 0 0 0 0 0 0 JAMEY FITZPATRICK PRESIDENT & CEO 241896 0 0 0 0 0 19484 0 24433 0 285813 0 0 0 RAYMOND BATT VP OF BUSINESS STRATEGY 198506 0 0 0 0 0 16145 0 19493 0 234144 0 0 0 JOSEPH R FREIDHOFF VICE PRESIDENT 183559 0 0 0 0 0 15140 0 24415 0 223114 0 0 0 CHRISTOPHER HARRINGTON SENIOR DIRECTOR OF OF INNO 124103 0 0 0 0 0 10226 0 24341 0 158670 0 0 0 ALICIA GANAWAY SENIOR DIRECTOR OF HUMAN R 121308 0 0 0 0 0 10222 0 24341 0 155871 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION UPDATED THEIR BYLAWS DURING THE FISCAL YEAR. CONSISTENT WITH THE POLICY ON CONFLICT OF INTEREST AND CONFIDENTIALITY APPROVED BY THE BOARD OF DIRECTORS IN 2001, THERE WAS A CONFLICT-OF-INTEREST SECTION ADDED. RESPONSIBILITIES OF THE AUDIT COMMITTEE WERE ADDED ALONG WITH A FEW OTHER COMMITTEES. THE BOARD TERMS WERE ALSO CHANGED FROM 3 YEARS TO A MAXIMUM OF 5 TERMS AND 15 YEARS. FORM 990, PART VI, SECTION A, LINE 7A THE CORPORATION SHALL HAVE A BOARD OF DIRECTORS THAT SHALL SERVE AS THE GOVERNING BOARD OF THE CORPORATION, WHICH SHALL MANAGE THE BUSINESS, PROPERTY AND AFFAIRS OF THE CORPORATION. THE MVU BOARD OF DIRECTORS SHALL BE CHOSEN TO REFLECT A BALANCE BETWEEN THE EDUCATION AND PRIVATE SECTORS WHO MAY BE SERVED OR HAVE AN INTEREST IN THE PROGRAMS AND SERVICES PROVIDED BY THE CORPORATION AS FOLLOWS: (1) AT LEAST 5 PERSONS REPRESENTING THE EDUCATION SECTOR, WITH AN EMPHASIS ON HAVING MICHIGAN EDUCATIONAL LEADERS FROM APPROPRIATE EDUCATIONAL ENTITIES WITH AN INTEREST IN THE VIRTUAL LEARNING PROGRAMS AND SERVICES ESTABLISHED BY THE CORPORATION. THE NUMBER OF PERSONS REPRESENTING THE EDUCATION SECTOR AS DESCRIBED IN THIS SECTION (1) SHALL BE BALANCED WITH A SIMILAR NUMBER OF PRIVATE SECTOR PERSONS AS DESCRIBED IN SECTION (2). QUALIFIED PERSONS REPRESENTING THE EDUCATION SECTOR SHALL BE DRAWN FROM MICHIGAN K-12 PUBLIC SCHOOLS OR INTERMEDIATE SCHOOL DISTRICTS; MICHIGAN STATE PUBLIC UNIVERSITIES; MICHIGAN COMMUNITY COLLEGES; MICHIGAN INDEPENDENT NONPROFIT DEGREE-GRANTING COLLEGES AND UNIVERSITIES; AND MICHIGAN NON-PROFIT ASSOCIATIONS WHOSE PRIMARY DIRECTIVE IS TO SUPPORT MICHIGAN EDUCATIONAL ENTITIES. (2) AT LEAST 5 PERSONS REPRESENTING THE PRIVATE SECTOR, WITH AN EMPHASIS ON HAVING MICHIGAN BUSINESS LEADERS WITH AN INTEREST IN THE VIRTUAL LEARNING PROGRAMS AND SERVICES ESTABLISHED BY THE CORPORATION. THE NUMBER OF PERSONS REPRESENTING THE PRIVATE SECTOR AS DESCRIBED IN THIS SECTION (2) SHALL BE BALANCED WITH A SIMILAR NUMBER OF PERSONS AS DESCRIBED IN SECTION (1). THE PRESIDENT/CHIEF EXECUTIVE OFFICER SHALL BE SELECTED BY AND HIRED BY THE BOARD OF DIRECTORS. THE POSITION OF CHAIRPERSON OF THE BOARD OF DIRECTORS SHALL ROTATE IN EVERY ODD-NUMBERED YEAR BETWEEN AN INDIVIDUAL REPRESENTING EDUCATIONAL INTERESTS AND A BUSINESS REPRESENTATIVE FROM THE PRIVATE SECTOR, AS BOTH ARE SET FORTH IN THE ARTICLES OF INCORPORATION. THE FIRST CHAIRPERSON OF THE BOARD OF DIRECTORS SHALL BE AN INDIVIDUAL REPRESENTING EDUCATIONAL INTERESTS. UNLESS OTHERWISE PROVIDED IN THE ARTICLES OF INCORPORATION, OTHER OFFICERS OF THE CORPORATION SHALL BE ELECTED BY THE BOARD OF DIRECTORS AT THE ANNUAL MEETING OF THE BOARD OF DIRECTORS. IF THE ELECTION OF OFFICERS IS NOT HELD AT THAT MEETING, THE ELECTION SHALL BE HELD AS SOON AS MAY BE CONVENIENT. EACH OFFICER OF THE BOARD OF DIRECTORS SHALL HOLD OFFICE WHILE QUALIFIED FOR ONE YEAR UNTIL HER OR HER SUCCESSOR IS NAMED AND QUALIFIES, OR UNTIL THE OFFICER RESIGNS OR IS REMOVED IN THE MANNER PROVIDED IN THIS ARTICLE. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS RECEIVED BY THE ORGANIZATION'S PRESIDENT/CEO WHO REVIEWS THE RETURN FOR ACCURACY. UPON THE PRESIDENT/CEO'S APPROVAL, THE 990 IS MADE AVAILABLE TO THE BOARD OF DIRECTORS IN ELECTRONIC FORMAT. AFTER ANY CONCERNS PRESENTED BY THE BOARD ARE ADDRESSED, THE PRESIDENT/CEO SIGNS AND FILES THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER, OFFICER AND EMPLOYEE SHALL SIGN A STATEMENT THAT AFFIRMS SUCH PERSON: A) HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY; B) HAS READ AND UNDERSTANDS THE POLICY; C) HAS AGREED TO COMPLY WITH THE POLICY; AND D) UNDERSTANDS MVU IS A NONPROFIT ORGANIZATION AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FORM 990, PART VI, SECTION B, LINE 15A A COMPENSATION STUDY IS CONDUCTED BY A THIRD PARTY CONSULTING FIRM. THE CONSULTING FIRM UTILIZES BENCHMARKS FROM NATIONAL AND PROFESSIONAL SURVEY SOURCES FROM THE EDUCATION SECTOR, NON-PROFITS, GOVERNMENT, AND SELECT ORGANIZATIONS. THE RECOMMENDATIONS FOR COMPENSATION ARE INCLUDED IN THE ANNUAL BUDGET WHICH IS APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 ALL INFORMATION IS AVAILABLE UPON REQUEST. FORM 990 IS ALSO POSTED ANNUALLY ON GUIDESTAR'S WEBSITE. MICHIGAN VIRTUAL UNIVERSITY IS REGISTERED TO SOLICIT IN THE STATE OF MICHIGAN AND PROVIDES FORM 990 TO THE MICHIGAN ATTORNEY GENERAL'S OFFICE WHERE IT IS PUBLIC INFORMATION.