Education (B430) IRS Verified DX Registered 990 on File

NORTHWOOD UNIVERSITY

EIN: 38-1624684 · MIDLAND, MI 48640-6634 · United States · FY 2023 Data

3 out of 5 59 / 100 Based on 2+ years of filings

Financial strength (30%) 85/100

Reliability (20%) 55/100

Effectiveness (25%) 88/100

Impact (25%) No data yet

Financial data: FY 2023 · Scored 9/13/2026

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Mission Statement

The Stafford Dinner is an annual event, organized entirely by the Hospitality Management students of Northwood University in memory of the curriculum founder William Stafford. Net proceeds from the dinner provide scholarships for the Hospitality Management students. We make every effort to embody the highest standards for this dinner. By donating to our event or silent auction, you not only help us execute this year’s dinner with distinction, but also invest in the future of our hospitality students. We hope your organization will be willing to donate merchandise, gift certificates, food items, gift cards, or a monetary contribution of any amount in order for us to provide our guests with a magnificent experience.

Financial Overview — FY 2023

$98.0M

Total Revenue

$70.0M

Total Expenses

$244.0M

Net Assets

918

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 78.1%

Fundraising Efficiency 3053.4%

Operating Reserve 41.81x

Liability-to-Asset 4.3%

Revenue Diversification 59.4%

Executive Compensation $1.6M

Compared with Peers

FY 2023

Compared with 3,578 similar organizations (United States, Education, $10M–$100M in expenses), FY 2023.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	78.1%	84.4%	P10P90	Below median
Admin expense ratio Management and general / total expenses · lower is better	16.9%	13.5%	P10P90	Below median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	5.0%	0.7%	P10P90	Bottom quarter
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	3053.4%	631.2%	P10P90	Bottom quarter
Operating reserve Months of expenses covered by net assets · higher is better	41.8 mo	10.9 mo	P10P90	Top quarter
Liabilities to assets Total liabilities / total assets · lower is better	4.3%	34.2%	P10P90	Top quarter
Revenue concentration Share of revenue from the largest source · lower is better	59.4%	87.3%	P10P90	Top quarter
Revenue growth Year over year revenue growth	17.1%	4.8%	P10P90
Expense growth Year over year expense growth	0.0%	8.5%	P10P90
Surplus margin Surplus as a share of revenue	28.5%	2.7%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2023	$98.0M	$70.0M	$244.0M	78.1%	918
2022	$83.7M	$70.1M	$212.6M	79.3%	890
2021	$75.1M	$64.2M	N/A	—	890

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Organization Details

EIN: 38-1624684
State: MI
City: MIDLAND
ZIP: 48640-6634
Classification: B430
Category: Education
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 1959
Foundation Code: 11
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

A pillar with no data counts as zero. Without impact metrics the score is capped at 59 (three stars): only the charity can supply that data.
The coverage grade (A to D) says how much filing data the score rests on; NONE means there is not enough to rate.
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