BEducationEIN: 310725957· Ruling Year: 1963

Mount Vernon Nazarene University

Mount Vernon, Ohio

B+Health Score
73B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.43×
Peer Median9.48×
💰
$65.9M
Total Revenue
📊
$65.0M
Total Expenses
🏦
$92.7M
Net Assets
📋
$12.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+3.8%
Year-over-year change (2022 → 2023)
Net Margin
+1.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.43
Net assets divided by total expenses
Liabilities-to-Assets
11.6%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$65,850,6904%$64,990,645$104,873,9422%
2022$63,465,38210%$64,716,0746%$102,841,0766%
2021$70,192,71816%$61,289,2663%$109,148,0018%
2020$60,602,3061924%$59,542,9381143%$101,311,3814%
2019$2,994,73495%$4,789,14091%$97,591,0881%
2019$57,452,7341%$56,021,425$96,959,1771%
2018$57,023,8672%$55,849,3143%$97,976,7782%
2017$56,085,1362%$54,223,6167%$95,854,6431%
2016$54,863,1332%$50,890,613$96,625,538
2015$55,793,5732%$51,020,020$96,353,8636%
2014$56,732,66210%$51,276,4022%$91,267,0608%
2013$51,380,4641%$50,169,9692%$84,760,77414%
2012$51,971,0133%$51,337,9155%$74,119,7521%
2011$53,684,239$49,057,942$75,147,681

Frequently Asked Questions

What does Mount Vernon Nazarene University do?

Mount Vernon Nazarene University is a education nonprofit organization based in Ohio. It is classified under NTEE code B430 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Mount Vernon Nazarene University financially healthy?

Based on our 9-metric Financial Health Score model, Mount Vernon Nazarene University has a score of 73/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Mount Vernon Nazarene University generate?

Mount Vernon Nazarene University reports $60.9M in annual revenue and holds $101.0M in total assets, based on IRS filings.

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