Davenport University

Organization Overview

Davenport University is located in Grand Rapids, MI. The organization was established in 1971. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2022, Davenport University employed 1,481 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Davenport University is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Davenport University generated $130.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $129.1m during the year ending 06/2022. While expenses have increased by 0.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

POST-SECONDARY EDUCATIONAL INSTITUTION PREPARING STUDENTS FOR CAREERS IN BUSINESS, HEALTH, AND TECHNOLOGY. QUALITY, CAREER-ORIENTED ACADEMIC PROGRAMS ARE OFFERED THROUGHOUT THE MAIN CAMPUS IN GRAND RAPIDS AND OTHER CAMPUSES THROUGHOUT MICHIGAN.

Describe the Organization's Program Activity:

PROVIDE EDUCATION TO APPROXIMATELY 5,500 STUDENTS AT LOCATIONS THROUGHOUT MICHIGAN, INCLUDING OVER 3,000 COURSES AT THE UNDERGRADUATE AND GRADUATE LEVELS OF POST-SECONDARY EDUCATION IN BUSINESS, HEALTH, AND TECHNOLOGY.


EDUCATING BUSINESS PROFESSIONALS THROUGH NON-CREDIT COURSES IN VARIOUS AREAS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Kraft 60th Llc
Building Rent
$975,442
Ellucian Company Lp
Information Technology
$963,882
Ruffalo Noel Levitz Llc
Student Enrollment Services
$963,882
Du Apartments Llc
Building Rent
$756,550
Ascend Learning Holdings Llc
Health Profession Certification Study Ma
$597,480
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$1,534,646
Government grants $16,062,056
All other contributions, gifts, grants, and similar amounts not included above$2,687,986
Noncash contributions included in lines 1a–1f $2,045,000
Total Revenue from Contributions, Gifts, Grants & Similar$20,284,688
Total Program Service Revenue$101,718,886
Investment income $466,404
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $69,300
Net Gain/Loss on Asset Sales $989,629
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $6,369,798
Miscellaneous Revenue$0
Total Revenue $130,003,886

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Davenport University has recieved totaling $6,000.

Awarding OrganizationAmount
Organization Name not Listed

PURPOSE: GENERAL CONTRIBUTION

|

$6,000
View Grant Recipient Profile

Peer Organizations

Organization NameAssets
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Oberlin, OH
$305,531,376
Denison University
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$275,909,448
Indiana Wesleyan University
Marion, IN
$212,201,058
Depauw University
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$170,125,801
Hillsdale College
Hillsdale, MI
$287,422,849
Concordia University Inc
Mequon, WI
$168,516,078
College Of Wooster
Wooster, OH
$184,916,713
Hope College
Holland, MI
$161,551,169
Ohio Northern University
Ada, OH
$166,164,613
The Cedarville University
Cedarville, OH
$182,725,706
Kenyon College
Gambier, OH
$159,022,032
Marian University
Indianapolis, IN
$176,218,802

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