B — EducationEIN: 381945965

Davenport University

Grand Rapids, Michigan

B-Health Score
54B-

Financial Health Score

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

Average

How This Organization Compares

Compared to 492 peers in Education with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.61×
Peer Median1.96×
💰
$118.6M
Total Revenue
📊
$130.3M
Total Expenses
🏦
$79.1M
Net Assets
📋
$76.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-8.7%
Year-over-year change (2022 → 2023)
Net Margin
-9.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.61
Net assets divided by total expenses
Liabilities-to-Assets
49.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$118,629,455↓9%$130,334,641↑1%$155,806,618↑4%
2022$130,003,886↑5%$129,091,637↑3%$149,447,617↓6%
2021$124,104,326$125,128,324↓1%$158,159,114↓1%
2020$124,297,291↑1%$125,977,060↑1%$160,096,833↓3%
2019$122,549,508$125,191,658↓1%$165,525,534↓4%
2018$122,238,166↓4%$126,150,190↓1%$171,834,577↓4%
2017$127,667,578↑3%$127,367,587↑2%$179,629,087↓3%
2016$124,063,088$124,602,783↑1%$185,766,823↑8%
2015$123,714,180↓5%$123,315,486↓2%$172,265,884
2014$129,854,225↑2%$125,653,993↓6%$172,880,871↑1%
2013$126,846,393↓7%$134,302,431$172,011,893↑3%
2012$136,005,981↓1%$134,216,646↑5%$167,108,857↓2%
2011$137,162,292$127,714,685$171,278,159

Frequently Asked Questions

What does Davenport University do?▼

Davenport University is a education nonprofit organization based in Michigan. It is classified under NTEE code B420 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Davenport University financially healthy?▼

Based on our 9-metric Financial Health Score model, Davenport University has a score of 54/100 (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 Davenport University generate?▼

Davenport University reports $119.1M in annual revenue and holds $144.1M in total assets, based on IRS filings.

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