Hanover College Trustees
Hanover, Indiana
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 | $70,572,166↑6% | $78,645,915↑1% | $245,224,388 | |
| 2022 | $66,713,330↑1% | $77,613,685↑11% | $246,034,374↓10% | — |
| 2021 | $65,984,419↓6% | $70,078,600↑5% | $272,442,286↑15% | — |
| 2020 | $70,232,539↑13% | $66,715,574↓1% | $236,094,942↑8% | — |
| 2019 | $61,991,856↑10% | $67,072,746↑5% | $219,005,337↑1% | — |
| 2018 | $56,110,448↑6% | $63,608,865↑1% | $216,600,028↑1% | — |
| 2017 | $52,916,426↓3% | $62,972,284↓1% | $215,251,582↑2% | — |
| 2016 | $54,769,232↑8% | $63,438,115↑8% | $211,519,105↓8% | — |
| 2015 | $50,940,342↓5% | $58,889,345↑4% | $229,946,723↓4% | — |
| 2014 | $53,495,780↓15% | $56,664,722↑3% | $238,884,551↑8% | — |
| 2013 | $62,579,285↑19% | $54,872,097↑5% | $221,540,546↑10% | — |
| 2012 | $52,650,502↑8% | $52,452,040↑7% | $201,909,348↓6% | — |
| 2011 | $48,592,386 | $49,152,942 | $213,732,199 | — |
Frequently Asked Questions
What does Hanover College Trustees do?▼
Hanover College Trustees is a education nonprofit organization based in Indiana. It is classified under NTEE code B420 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Hanover College Trustees financially healthy?▼
Based on our 9-metric Financial Health Score model, Hanover College Trustees has a score of 71/100 (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 Hanover College Trustees generate?▼
Hanover College Trustees reports $78.9M in annual revenue and holds $253.3M in total assets, based on IRS filings.