B — EducationEIN: 610444708

Midway University INC

Midway, Kentucky

A-Health Score
77A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.50×
Peer Median9.48×
💰
$36.2M
Total Revenue
📊
$33.0M
Total Expenses
🏦
$49.4M
Net Assets
📋
$26.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+10.9%
Year-over-year change (2022 → 2023)
Net Margin
+8.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.50
Net assets divided by total expenses
Liabilities-to-Assets
35.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$36,181,711↑11%$33,040,442↑5%$76,025,348↑15%
2022$32,615,868↓3%$31,366,941↑8%$66,224,424↓8%
2021$33,455,208↑21%$28,960,130↑5%$72,211,387↑13%
2020$27,563,917↑2%$27,566,187↑8%$64,125,796↑2%
2019$26,986,291↑7%$25,606,344↑10%$63,152,434↑4%
2018$25,194,306$23,379,932↑7%$60,655,435↑6%
2017$25,100,084↑42%$21,758,144↑11%$57,443,853↑13%
2016$17,670,273↓12%$19,558,437↓3%$51,003,502↓8%
2015$20,118,116↓12%$20,194,962↓3%$55,556,600↑11%
2014$22,806,237↑28%$20,763,807↓13%$50,167,716↑5%
2013$17,761,704↓34%$23,938,615↓11%$47,609,501↓10%
2012$26,943,727↑3%$26,873,661↑10%$52,989,353↓4%
2011$26,060,726$24,417,793$54,929,924

Frequently Asked Questions

What does Midway University INC do?▼

Midway University INC is a education nonprofit organization based in Kentucky. It is classified under NTEE code B41Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Midway University INC financially healthy?▼

Based on our 9-metric Financial Health Score model, Midway University INC has a score of 77/100 (Grade: A-). 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 Midway University INC generate?▼

Midway University INC reports $38.1M in annual revenue and holds $81.6M in total assets, based on IRS filings.

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