Michigan Virtual University
Lansing, 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 | $21,729,814↓10% | $21,774,949↓7% | $20,563,781↑2% | |
| 2022 | $24,041,661↓15% | $23,507,279↑6% | $20,118,001 | — |
| 2021 | $28,269,387↑51% | $22,092,238↑25% | $20,049,225↑27% | — |
| 2020 | $18,761,383↑9% | $17,691,004↑9% | $15,810,047↑33% | — |
| 2019 | $17,241,470↓3% | $16,207,578↓13% | $11,858,443↑6% | — |
| 2018 | $17,839,655↑6% | $18,617,798↑6% | $11,202,808↓6% | — |
| 2017 | $16,902,603↑7% | $17,638,945↑11% | $11,952,465↓2% | — |
| 2016 | $15,765,414↑5% | $15,908,855↑10% | $12,147,477↑2% | — |
| 2015 | $15,000,947↓8% | $14,414,737↑11% | $11,955,059↑3% | — |
| 2014 | $16,281,568↑43% | $13,015,642↑24% | $11,557,889↑31% | — |
| 2013 | $11,379,834↑31% | $10,530,439↑16% | $8,854,520↑11% | — |
| 2012 | $8,702,052↑2% | $9,105,217↑8% | $7,999,731↓7% | — |
| 2011 | $8,569,412 | $8,393,721 | $8,573,029 | — |
Frequently Asked Questions
What does Michigan Virtual University do?▼
Michigan Virtual University is a education nonprofit organization based in Michigan. It is classified under NTEE code B300 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Michigan Virtual University financially healthy?▼
Based on our 9-metric Financial Health Score model, Michigan Virtual University has a score of 73/100 (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 Michigan Virtual University generate?▼
Michigan Virtual University reports $24.0M in annual revenue and holds $22.1M in total assets, based on IRS filings.