B — EducationEIN: 620535755

Milligan University

Milligan, Tennessee

A-Health Score
80A-

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 Org2.24×
Peer Median9.48×
💰
$48.7M
Total Revenue
📊
$47.5M
Total Expenses
🏦
$106.6M
Net Assets
📋
$13.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-14.8%
Year-over-year change (2022 → 2023)
Net Margin
+2.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.24
Net assets divided by total expenses
Liabilities-to-Assets
10.8%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$48,728,165↓15%$47,523,885↑2%$119,604,397↓2%
2022$57,184,968↑21%$46,446,003↑2%$122,087,054↓2%
2021$47,397,752↑2%$45,360,313↑3%$124,762,471↑12%
2020$46,547,624↑4%$43,980,208↑6%$111,462,499↑3%
2019$44,864,337↑8%$41,423,743↑2%$107,758,792↑1%
2018$41,385,668↑7%$40,433,431↑4%$107,121,164↑2%
2017$38,587,215↓5%$38,903,791↑4%$105,185,442↑4%
2016$40,615,869↑9%$37,405,447↑9%$100,815,660↑21%
2015$37,319,374↓10%$34,301,898↑2%$83,043,269↑3%
2014$41,596,456↑22%$33,500,486↑8%$80,560,749↑13%
2013$34,185,071↓8%$30,906,520↑2%$71,395,938↑24%
2012$36,962,354$30,195,168$57,443,014

Frequently Asked Questions

What does Milligan University do?▼

Milligan University is a education nonprofit organization based in Tennessee. It is classified under NTEE code B42Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Milligan University financially healthy?▼

Based on our 9-metric Financial Health Score model, Milligan University has a score of 80/100 (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 Milligan University generate?▼

Milligan University reports $61.4M in annual revenue and holds $136.0M in total assets, based on IRS filings.

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