Davenport University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 137,162,292 | 127,714,685 | 9,447,607 | 10.0 | 37% |
| 2012 | 136,005,981 | 134,216,646 | 1,789,335 | 9.6 | 37% |
| 2013 | 126,846,393 | 134,302,431 | −7,456,038 | 9.0 | 36% |
| 2014 | 129,854,225 | 125,653,993 | 4,200,232 | 10.1 | 37% |
| 2015 | 123,714,180 | 123,315,486 | 398,694 | 10.3 | 35% |
| 2016 | 124,063,088 | 124,602,783 | −539,695 | 10.1 | 35% |
| 2017 | 127,667,578 | 127,367,587 | 299,991 | 10.0 | 34% |
| 2018 | 122,238,166 | 126,150,190 | −3,912,024 | 9.3 | 33% |
| 2019 | 122,549,508 | 125,191,658 | −2,642,150 | 9.0 | 32% |
| 2020 | 124,297,291 | 125,977,060 | −1,679,769 | 8.7 | 32% |
| 2021 | 124,104,326 | 125,128,324 | −1,023,998 | 8.6 | 32% |
| 2022 | 130,003,886 | 129,091,637 | 912,249 | 8.4 | 29% |
| 2023 | 118,629,455 | 130,334,641 | −11,705,186 | 7.3 | 30% |
In its most recent public year (2023), this organization spent $11,705,186 more than it brought in. Its reserves stood at about 7.3 months of spending, down from 10 in 2011. Staff pay was 30% of spending. $1,082,382 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Davenport University's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works