CSCharityScored
71

Michigan Virtual University

Education · Lansing, Michigan

920 Municipal Way, Lansing, MI 48917-6835

EIN: 383414105· Founded: Sep 1999· 27 years active· Filing Year: 2023

Annual Revenue

$21.7M

Total Expenses

$21.8M

Total Assets

$20.6M

Program Spending

53%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$582K

2.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$11.5M

Total Payroll

$12.1M

55% of total expenses

Where the Money Goes

53%
Programs: 53%
Payroll: 55%
Other overhead: 47%
Program Revenue$11.6M (53%)
Total Expenses$21.8M (100%)
Payroll$12.1M (55%)
Overhead (non-program)47%

Trust Score Breakdown

Program Spending Ratio

53% of expenses go to programs

40%

Revenue & Stability

$21.7M annual revenue

15%

Executive Compensation

$582K total officer comp (2.7% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$20.6M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.