Spring Arbor University
Spring Arbor, Michigan
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)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $57,791,065↓18% | $59,385,693↓2% | $116,679,644↓4% | |
| 2022 | $70,879,673 | $60,723,226↓1% | $120,986,593↑3% | — |
| 2021 | $70,872,846↑4% | $61,470,748↓5% | $117,706,711↑13% | — |
| 2020 | $67,985,552↓6% | $64,588,391↓2% | $104,395,498↑7% | — |
| 2019 | $72,035,689↑4% | $66,234,924↑1% | $97,762,717↑2% | — |
| 2018 | $69,184,655↓3% | $65,608,107↑1% | $96,095,707↑6% | — |
| 2017 | $71,595,982↑9% | $64,961,756↑1% | $90,886,006↑3% | — |
| 2016 | $65,533,391↓2% | $64,195,309↓3% | $88,364,269 | — |
| 2015 | $67,123,148↓3% | $65,849,585↓1% | $88,195,475 | — |
| 2014 | $69,254,436↑3% | $66,330,275↑4% | $87,988,885↑2% | — |
| 2013 | $67,411,336↓2% | $63,830,945↓5% | $86,028,760↑3% | — |
| 2012 | $68,888,894↑7% | $67,155,810↑1% | $83,725,693↑8% | — |
| 2011 | $64,332,717 | $66,707,606 | $77,692,268 | — |
Frequently Asked Questions
What does Spring Arbor University do?▼
Spring Arbor University is a education nonprofit organization based in Michigan. It is classified under NTEE code B430 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Spring Arbor University financially healthy?▼
Based on our 9-metric Financial Health Score model, Spring Arbor University has a score of 68/100 (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 Spring Arbor University generate?▼
Spring Arbor University reports $74.6M in annual revenue and holds $133.6M in total assets, based on IRS filings.