B — EducationEIN: 381624684

Northwood University

Midland, Michigan

AHealth Score
91A

Financial Health Score

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

Excellent

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org3.48×
Peer Median9.48×
💰
$98.0M
Total Revenue
📊
$70.0M
Total Expenses
🏦
$244.0M
Net Assets
📋
$11.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+17.1%
Year-over-year change (2022 → 2023)
Net Margin
+28.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.48
Net assets divided by total expenses
Liabilities-to-Assets
4.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$97,968,956↑17%$70,039,784$254,966,317↑14%
2022$83,695,631↑11%$70,059,317↑9%$223,672,132↓5%
2021$75,137,729↑11%$64,200,955↓17%$235,004,653↑14%
2020$67,719,695↓21%$77,545,609↑3%$206,640,197↓6%
2019$86,181,812↑22%$75,465,833↑5%$220,726,404↑9%
2018$70,430,025↓15%$71,934,166↑1%$203,257,987
2017$82,525,909↓5%$71,271,447↓1%$204,059,905↑10%
2016$86,439,944↓16%$72,043,631↓21%$186,346,504↑3%
2015$103,486,397↑8%$90,825,048↓11%$180,123,479↑8%
2014$96,056,801↑2%$101,667,191↑2%$167,451,505↑3%
2013$94,506,826↑3%$99,812,875↑5%$163,338,621↑1%
2012$91,327,397↓8%$95,230,089↑1%$161,735,348↓4%
2011$99,148,297$94,303,558$168,545,075

Frequently Asked Questions

What does Northwood University do?▼

Northwood 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 Northwood University financially healthy?▼

Based on our 9-metric Financial Health Score model, Northwood University has a score of 91/100 (Grade: A). 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 Northwood University generate?▼

Northwood University reports $83.3M in annual revenue and holds $267.6M in total assets, based on IRS filings.

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