B — EducationEIN: 390806325

Carroll University INC

Waukesha, Wisconsin

B+Health Score
70B+

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

Working Capital Ratio (net assets ÷ expenses)

This Org1.63×
Peer Median1.96×
💰
$136.3M
Total Revenue
📊
$143.0M
Total Expenses
🏦
$233.3M
Net Assets
📋
$23.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-5.6%
Year-over-year change (2022 → 2023)
Net Margin
-4.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.63
Net assets divided by total expenses
Liabilities-to-Assets
9.1%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$136,308,213↓6%$142,962,234↑2%$256,678,685↑3%
2022$144,406,248↑2%$139,775,110↑3%$248,345,295↓5%
2021$140,965,442↑1%$135,342,596↑6%$261,882,162↑10%
2020$140,144,784↑5%$128,005,240↑6%$239,139,783↑1%
2019$132,903,662↑6%$121,176,159↑4%$236,187,874↑4%
2018$125,665,385↑1%$116,316,636↑3%$226,392,658↑4%
2017$124,929,563↑4%$113,057,184↑7%$216,937,171↑8%
2016$120,481,598↑5%$105,715,183↑5%$201,707,511↑8%
2015$114,416,532↓1%$100,754,110↑2%$186,507,637↑5%
2014$115,510,573↑9%$99,182,425↑6%$176,911,844↑10%
2013$105,664,444$93,966,240↑6%$160,393,389↑9%
2012$105,901,456$88,805,270$146,910,067

Frequently Asked Questions

What does Carroll University INC do?▼

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

Is Carroll University INC financially healthy?▼

Based on our 9-metric Financial Health Score model, Carroll University INC has a score of 70/100 (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 Carroll University INC generate?▼

Carroll University INC reports $147.1M in annual revenue and holds $292.7M in total assets, based on IRS filings.

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