B — EducationEIN: 381369604

Lawrence Technological University

Southfield, Michigan

B+Health Score
65B+

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 Org1.46×
Peer Median9.48×
💰
$81.7M
Total Revenue
📊
$86.2M
Total Expenses
🏦
$126.2M
Net Assets
📋
$79.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+5.9%
Year-over-year change (2022 → 2023)
Net Margin
-5.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.46
Net assets divided by total expenses
Liabilities-to-Assets
38.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$81,742,284↑6%$86,222,584↑9%$205,364,493↓1%
2022$77,203,633↑5%$78,988,180↑11%$206,424,495↓7%
2021$73,258,942↑3%$71,085,902$221,146,506↑4%
2020$70,839,863↑7%$71,386,597↑1%$213,033,011↓1%
2019$66,465,628↑3%$70,438,008↑4%$214,719,220↑1%
2018$64,789,955↓2%$67,554,845$212,826,385
2017$65,948,850↓6%$67,380,894↑4%$212,310,149↑14%
2016$69,978,790↓5%$64,586,669↑3%$185,642,855↑3%
2015$73,609,159↓16%$62,446,447↑8%$179,371,591↑12%
2014$87,701,550↑59%$57,701,270↑2%$159,829,190↑31%
2013$55,109,769↓1%$56,360,843↑2%$122,300,255↓3%
2012$55,484,730↓1%$55,095,874↑2%$126,722,105↓3%
2011$55,914,998$54,083,515$130,781,009

Frequently Asked Questions

What does Lawrence Technological University do?▼

Lawrence Technological 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 Lawrence Technological University financially healthy?▼

Based on our 9-metric Financial Health Score model, Lawrence Technological University has a score of 65/100 (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 Lawrence Technological University generate?▼

Lawrence Technological University reports $92.2M in annual revenue and holds $211.7M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Education category, or browse all nonprofits in Michigan.