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Education · 2023 Form 990

Concordia University Inc: $166.3M Revenue, $171.2M Expenses

Mequon, Wisconsin · EIN 390833608 · Filing year 2023

Concordia University Inc reported $166.3M in total revenue, $171.2M in total expenses, and $171.3M in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $1.1M (0.64% of revenue). NonprofitTruth efficiency grade: B (74/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.

Reviewed by NonprofitTruth Editorial Team · Updated
B
Efficiency Score
74/100

Key Facts (2023 Form 990)

Total Revenue
$166.3M
Total Expenses
$171.2M
Total Assets
$171.3M
Reserve Months
12.0 months
Surplus / (Deficit)
$-4,951,273
EIN
390833608
Latest 990 Year
2023
Current-Officer Compensation
$1.1M
Officer Comp % of Revenue
0.64%

The efficiency rubric puts Concordia University Inc at a B grade: a composite of 74/100 that lands above the national midpoint. The grade reflects solid financial reserves alongside reasonable officer compensation and steady revenue.

Annual revenue at Concordia University Inc runs $166.3M (2023), placing it among the larger U.S. nonprofits in the IRS Form 990 dataset. On the reserves factor, Concordia University Inc scores well — assets relative to annual spending sit in the range nonprofit-finance experts consider healthy (roughly three months to two years of operating expenses).

Five-year revenue has grown modestly. Concordia University Inc is not expanding rapidly but is not shrinking either; the trajectory is consistent with stable donor and grant relationships. Officer compensation is modest relative to organizational size: Concordia University Inc reports $1.1M in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $166.3M in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. In the Education category, Concordia University Inc sits alongside universities, K-12 systems, scholarship funds, and education-research organizations. Education-sector nonprofits often hold large endowments, which affects how the reserves-and-revenue figures should be read.


$166.3M
Revenue
$171.2M
Expenses
$171.3M
Total Assets
$1.1M
Officer Compensation

How Concordia University Inc Compares

Concordia University Inc earns a NonprofitTruth efficiency grade of B (74/100). That is 10 points above the Education category average. Compensation for current officers and key employees represents 0.64% of total revenue. The organization holds 12.0 months of operating reserves, indicating strong financial cushion.

Financials

990 Financial Snapshot

$171.2M
Total Expenses
Filing year 2023
$1.1M
Officer Compensation
0.64% of revenue
12.0 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, Concordia University Inc reported $166.3M in revenue against $171.2M in total functional expenses for filing year 2023, holding roughly 12.0 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.

The 990 reports $1.1M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 0.64% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.

Trend

Revenue History

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Concordia University Inc has a NonprofitTruth Efficiency Score of B (74/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Concordia University Inc, Donor FAQ

Concordia University Inc has a NonprofitTruth Efficiency Score of B (74/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Concordia University Inc reports $1.1M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 0.64% of the organization's $166.3M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.

Concordia University Inc reported $166.3M in annual revenue and $171.2M in total expenses for filing year 2023. The organization holds $171.3M in total assets.

Concordia University Inc holds approximately 12.0 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its B efficiency grade.

Concordia University Inc is a registered 501(c) organization with EIN 390833608, based in Mequon, Wisconsin. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.