Spring Arbor University

Spring Arbor University is a 501(c)(3) nonprofit organization classified under the category of Educational Institutions and Related Activities, specifically as a university or technological institute (NTEE). Donations to this organization are tax-deductible.

Overview

Spring Arbor University is a nonprofit educational institution that operates primarily through program services, which account for the majority of its revenue. As of its most recent tax filing, contributions from donations also form a significant but smaller part of its income.

Financials

• Revenue Sources: The organization's revenue is primarily driven by program services, which constituted about 91.9% of its total revenue. Contributions, investment income, and other sources make up the remainder.
• Expenses: The largest expense categories include salaries and wages for employees, as well as executive compensation.
• Assets and Liabilities: The university maintains substantial assets, with total assets exceeding total liabilities.

Governance and Structure

The university is part of a broader network of educational institutions, with its operations influenced by its board of directors and leadership.

Relationship with the Spring Arbor University Foundation

The Spring Arbor University Foundation is a separate 501(c)(3) public foundation that supports and sustains Spring Arbor University. The foundation's mission focuses on fostering the growth and development of the university.

Alumni Impact

Spring Arbor University has a significant presence through its alumni, who are involved in various businesses and non-profit organizations. These alumni engage in diverse sectors, contributing to both local and international causes.