Civic Intelligence

Drake University

990T • Fiscal year 2023 • EIN 42-0680460

Jul 01, 2022 to Jun 30, 2023 • Filed on Jan 08, 2024

Organization ProfileWWW.DRAKE.EDU

View Organization Page

2507 University AvenueDes Moines, IA 50311

(515) 271-3112

Siviq Scores

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Balance Sheet

Assets

-

No earlier filing loaded for comparison.

Net Assets

-

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

-

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800M$600M$400M$200M$0Assets 2011: $386,039,289Liabilities 2011: $111,007,236Net Assets 2011: $275,032,0532011Assets 2012: $384,972,409Liabilities 2012: $114,993,082Net Assets 2012: $269,979,3272012Assets 2013: $404,636,945Liabilities 2013: $109,777,304Net Assets 2013: $294,859,6412013Assets 2014: $424,476,139Liabilities 2014: $99,430,737Net Assets 2014: $325,045,4022014Assets 2015: $439,802,631Liabilities 2015: $96,506,502Net Assets 2015: $343,296,1292015Assets 2016: $461,718,210Liabilities 2016: $119,650,774Net Assets 2016: $342,067,4362016Assets 2017: $485,043,518Liabilities 2017: $115,368,339Net Assets 2017: $369,675,1792017Assets 2018: $500,363,401Liabilities 2018: $121,454,856Net Assets 2018: $378,908,5452018Assets 2019: $508,907,328Liabilities 2019: $116,203,047Net Assets 2019: $392,704,2812019Assets 2020: $506,477,281Liabilities 2020: $115,606,767Net Assets 2020: $390,870,5142020Assets 2021: $572,606,645Liabilities 2021: $108,486,898Net Assets 2021: $464,119,7472021Assets 2022: $538,166,489Liabilities 2022: $94,289,004Net Assets 2022: $443,877,4852022Assets 2023: $568,210,282Liabilities 2023: $90,602,626Net Assets 2023: $477,607,6562023Assets 2024: $607,488,087Liabilities 2024: $86,036,105Net Assets 2024: $521,451,9822024Assets 2025: $628,340,806Liabilities 2025: $78,936,122Net Assets 2025: $549,404,6842025

Latest loaded filing

2025

Assets$628,340,806
Liabilities$78,936,122
Net Assets$549,404,684
Open 2025 Filing

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300M$200M$100M$0Expenses 2011: $171,918,3452011Expenses 2012: $175,364,0822012Expenses 2013: $180,121,6272013Revenue 2014: $196,892,372Expenses 2014: $188,041,306Net Income 2014: $8,851,0662014Revenue 2015: $224,622,628Expenses 2015: $193,457,873Net Income 2015: $31,164,7552015Revenue 2016: $207,615,854Expenses 2016: $197,674,339Net Income 2016: $9,941,5152016Revenue 2017: $212,980,767Expenses 2017: $203,286,802Net Income 2017: $9,693,9652017Revenue 2018: $230,909,154Expenses 2018: $212,574,693Net Income 2018: $18,334,4612018Revenue 2019: $231,025,109Expenses 2019: $219,093,450Net Income 2019: $11,931,6592019Revenue 2020: $222,285,025Expenses 2020: $221,046,779Net Income 2020: $1,238,2462020Revenue 2021: $245,392,452Expenses 2021: $217,987,751Net Income 2021: $27,404,7012021Revenue 2022: $252,974,293Expenses 2022: $237,997,226Net Income 2022: $14,977,0672022Revenue 2023: $259,104,983Expenses 2023: $246,344,127Net Income 2023: $12,760,8562023Revenue 2024: $263,054,627Expenses 2024: $250,461,044Net Income 2024: $12,593,5832024Revenue 2025: $256,277,389Expenses 2025: $246,295,918Net Income 2025: $9,981,4712025

Latest loaded filing

2025

Revenue$256,277,389
Expenses$246,295,918
Net Income$9,981,471
Open 2025 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Jan 8, 2024
Return Version
2022v7.0
Mission and Program Overview

Mission

See schedule o.drake's mission is to provide an exceptional learning environment that prepares students for meaningful personal lives, professional accomplishments, and responsible global citizenship. The drake experience is distinguished by collaborative learning among students, faculty, and staff and by the integration of the liberal arts and sciences with professional preparation.

Filing and Contact Details

Filer

Filer Name
Drake University
EIN
42-0680460
Phone
5152713112
Address
2507 UNIVERSITY AVENUE, DES MOINES, IA 50311

Signing Officer

Name
Adam Voigts
Title
Chief Financial Officer
Phone
5152713112
Signed
2024-01-08
Discuss with paid preparer
Yes

Preparer

Firm
Cliftonlarsonallen Llp
Address
8390 EAST CRESCENT PARKWAY SUITE, 300, GREENWOOD VILLAGE, CO 80111
Preparer
Sarah Hintz
Phone
3037795710
Raw XML Appendix189 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS1120ScheduleD/CapitalGainNetIncomeAmt072859
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IRS1120ScheduleD/Form4797GainOrLossAmt072737
IRS1120ScheduleD/NetCapitalGainAmt072737
IRS1120ScheduleD/NetLTCapitalGainOrLossAmt072737
IRS1120ScheduleD/NetSTCapitalGainOrLossAmt0122
IRS1120ScheduleD/TotalSTCGL1099BNotReceivedGrp/TotalGainOrLossAmt0122
IRS8949/ShortTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/GainOrLossAmt0122
IRS8949/ShortTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc0COREALPHA PRIVATE EQUITY PARTNERS II
IRS8949/ShortTermCapitalGainAndLossGrp/TotalGainOrLossAmt0122
IRS8949/ShortTermCapitalGainAndLossGrp/TransactionsNotRptedOn1099BInd0X
IRS990T/BooksInCareOfDetail/PersonNm0ADAM VOIGTS
IRS990T/BooksInCareOfDetail/PhoneNum05152713112
IRS990T/BooksInCareOfDetail/USAddress/AddressLine1Txt02507 UNIVERSITY AVE
IRS990T/BooksInCareOfDetail/USAddress/CityNm0DES MOINES
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IRS990T/BooksInCareOfDetail/USAddress/ZIPCd050311
IRS990T/BookValueAssetsEOYAmt0568210282
IRS990T/ChangeInMethodOfAccountingInd00
IRS990T/CharitableContributionsDedAmt00
IRS990T/ESPenaltyAmt031
IRS990T/EstimatedTaxPaymentsAmt038600
IRS990T/ForeignAccountsQuestionInd00
IRS990T/ForeignTrustQuestionInd00
IRS990T/Form990TScheduleAAttachedCnt03
IRS990T/Organization501cCorporationInd0X
IRS990T/Organization501IndicatorGrp/Organization501cTypeTxt0c3
IRS990T/Organization501IndicatorGrp/Organization501Ind0X
IRS990T/OverpaymentSection/AppliedToESTaxAmt035748
IRS990T/OverpaymentSection/OverpaymentAmt035748
IRS990T/OverpaymentSection/RefundAmt00
IRS990T/PaidTaxLiabilityAmt00
IRS990TScheduleA/CapitalGainNetIncomeAmt072859
IRS990TScheduleA/ExploitedActivityDesc0ADVERTISING
IRS990TScheduleA/ExploitedActivityNetIncomeAmt01700
IRS990TScheduleA/ExploitedExcessExemptExpnssAmt00
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IRS990TScheduleA/ExploitedExpnssCnnctUBIAmt00
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IRS990TScheduleA/GrossIncomeActyNotUBIAmt00
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IRS990TScheduleA/GrossIncomeActyNotUBIExpnsAmt00
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IRS990TScheduleA/GrossProfitAmt05335
IRS990TScheduleA/GrossReceiptsOrSalesAmt05335
IRS990TScheduleA/ItmzdSupplementalInfoGrp/ExplanationTxt0UNRELATED BUSINESS ACTIVITY CODE WAS UPDATED TO 540000 IN ACCORDANCE WITH THE FORM 990-T INSTRUCTIONS. IT WAS UPDATED BECAUSE PRIOR YEARS DID NOT USE THE CORRECT NAICS CODE.
IRS990TScheduleA/ItmzdSupplementalInfoGrp/ExplanationTxt1UNRELATED BUSINESS ACTIVITY CODE WAS UPDATED TO 710000 IN ACCORDANCE WITH THE FORM 990-T INSTRUCTIONS. IT WAS UPDATED TO MORE ACCURATELY REFLECT THE BUSINESS ACTIVITY.ATHLETICS RENTALS AND ATHLETIC ALUMNI CENTER SILOS WERE MERGED AS THEY WERE BOTH DESCRIBED UNDER THE SAME NAICS CODE.
IRS990TScheduleA/ItmzdSupplementalInfoGrp/ExplanationTxt2UNRELATED BUSINESS ACTIVITY CODE WAS UPDATED TO 901101 IN ACCORDANCE WITH THE FORM 990-T INSTRUCTIONS. IT WAS UPDATED BECAUSE PRIOR YEARS DID NOT USE THE CORRECT NAICS CODE.
IRS990TScheduleA/ItmzdSupplementalInfoGrp/LineNum0HEADER
IRS990TScheduleA/ItmzdSupplementalInfoGrp/LineNum1HEADER
IRS990TScheduleA/ItmzdSupplementalInfoGrp/LineNum2HEADER
IRS990TScheduleA/ItmzdSupplementalInfoGrp/PartNum0BOX C
IRS990TScheduleA/ItmzdSupplementalInfoGrp/PartNum1BOX C
IRS990TScheduleA/ItmzdSupplementalInfoGrp/PartNum2BOX C
IRS990TScheduleA/NetExploitedActivityIncomeAmt01700
IRS990TScheduleA/NetGrossReceiptsOrSalesAmt05335
IRS990TScheduleA/NetOperatingLossDeductionAmt00
IRS990TScheduleA/NetOperatingLossDeductionAmt10
IRS990TScheduleA/NetOperatingLossDeductionAmt20
IRS990TScheduleA/NetRentIncomeAmt01511
IRS990TScheduleA/OtherDeductionsAmt02896
IRS990TScheduleA/OtherDeductionsAmt11655
IRS990TScheduleA/PrincipalBusinessActivityCd0540000
IRS990TScheduleA/PrincipalBusinessActivityCd1710000
IRS990TScheduleA/PrincipalBusinessActivityCd2901101
IRS990TScheduleA/RentIncomePropertyGrp/DeductionsConnectedRentIncmAmt032556
IRS990TScheduleA/RentIncomePropertyGrp/RentPersonalPropertyAmt00
IRS990TScheduleA/RentIncomePropertyGrp/RentRealPersonalPropertyAmt034067
IRS990TScheduleA/RentIncomePropertyGrp/TotalRentsByPropertyAmt034067
IRS990TScheduleA/RentIncomePropertyGrp/USAddress/AddressLine1Txt02507 UNIVERSITY AVE
IRS990TScheduleA/RentIncomePropertyGrp/USAddress/CityNm0DES MOINES
IRS990TScheduleA/RentIncomePropertyGrp/USAddress/StateAbbreviationCd0IA
IRS990TScheduleA/RentIncomePropertyGrp/USAddress/ZIPCd050311
IRS990TScheduleA/RepairsAndMaintenanceAmt0241
IRS990TScheduleA/SequenceReferenceNum01
IRS990TScheduleA/SequenceReferenceNum12
IRS990TScheduleA/SequenceReferenceNum23
IRS990TScheduleA/SequenceTotalNum03
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IRS990TScheduleA/TotalAllocableDeductionsAmt00
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IRS990TScheduleA/TotalAllocableDeductionsAmt20
IRS990TScheduleA/TotalCtrlOrgDeductionAmt00
IRS990TScheduleA/TotalCtrlOrgDeductionAmt10
IRS990TScheduleA/TotalCtrlOrgDeductionAmt20
IRS990TScheduleA/TotalCtrlOrgPymtGrossIncmAmt00
IRS990TScheduleA/TotalCtrlOrgPymtGrossIncmAmt10
IRS990TScheduleA/TotalCtrlOrgPymtGrossIncmAmt20
IRS990TScheduleA/TotalDeductionsAmt00
IRS990TScheduleA/TotalDeductionsAmt13137
IRS990TScheduleA/TotalDeductionsAmt21655
IRS990TScheduleA/TotalDeductionSetAsidesAmt00
IRS990TScheduleA/TotalDeductionSetAsidesAmt10
IRS990TScheduleA/TotalDeductionSetAsidesAmt20
IRS990TScheduleA/TotalDirectAdvertisingCostAmt00
IRS990TScheduleA/TotalDirectAdvertisingCostAmt10
IRS990TScheduleA/TotalDirectAdvertisingCostAmt20
IRS990TScheduleA/TotalDividendsReceivedDedAmt00
IRS990TScheduleA/TotalDividendsReceivedDedAmt10
IRS990TScheduleA/TotalDividendsReceivedDedAmt20
IRS990TScheduleA/TotalGrossAdvertisingIncomeAmt00
IRS990TScheduleA/TotalGrossAdvertisingIncomeAmt10
IRS990TScheduleA/TotalGrossAdvertisingIncomeAmt20
IRS990TScheduleA/TotalGrossDebtFinancedIncmAmt00
IRS990TScheduleA/TotalGrossDebtFinancedIncmAmt10
IRS990TScheduleA/TotalGrossDebtFinancedIncmAmt20
IRS990TScheduleA/TotalInvestmentIncomeAmt00
IRS990TScheduleA/TotalInvestmentIncomeAmt10
IRS990TScheduleA/TotalInvestmentIncomeAmt20
IRS990TScheduleA/TotalPrtshpSCorpIncomeAmt0-62181
IRS990TScheduleA/TotalRentDeductionsAmt00
IRS990TScheduleA/TotalRentDeductionsAmt132556
IRS990TScheduleA/TotalRentDeductionsAmt20
IRS990TScheduleA/TotalRentIncomeAmt00
IRS990TScheduleA/TotalRentIncomeAmt134067
IRS990TScheduleA/TotalRentIncomeAmt20
IRS990TScheduleA/TotalUnrelatedBusinessCompAmt00
IRS990TScheduleA/TotalUnrelatedBusinessCompAmt10
IRS990TScheduleA/TotalUnrelatedBusinessCompAmt20
IRS990TScheduleA/TotExcessReadershipCostsDedAmt00
IRS990TScheduleA/TotExcessReadershipCostsDedAmt10
IRS990TScheduleA/TotExcessReadershipCostsDedAmt20
IRS990TScheduleA/TotNetUnrltTrdBusIncmAmt01700
IRS990TScheduleA/TotNetUnrltTrdBusIncmAmt16846
IRS990TScheduleA/TotNetUnrltTrdBusIncmAmt210678
IRS990TScheduleA/TotUnrltTrdBusIncmAmt01700
IRS990TScheduleA/TotUnrltTrdBusIncmAmt139402
IRS990TScheduleA/TotUnrltTrdBusIncmAmt210678
IRS990TScheduleA/TotUnrltTrdBusIncmExpnssAmt00
IRS990TScheduleA/TotUnrltTrdBusIncmExpnssAmt132556
IRS990TScheduleA/TotUnrltTrdBusIncmExpnssAmt20
IRS990TScheduleA/TradeOrBusinessDesc0ADVERTISING
IRS990TScheduleA/TradeOrBusinessDesc1ATHLETICS FACILITIES
IRS990TScheduleA/TradeOrBusinessDesc2PARTNERSHIP INVESTMENTS
IRS990TScheduleA/UBIBeforeNOLDedAmt01700
IRS990TScheduleA/UBIBeforeNOLDedAmt13709
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IRS990TScheduleA/UnrelatedBusinessTaxblIncmAmt01700
IRS990TScheduleA/UnrelatedBusinessTaxblIncmAmt13709
IRS990TScheduleA/UnrelatedBusinessTaxblIncmAmt29023
IRS990T/SpecificDeductionAmt01000
IRS990T/SubsidiaryCorporationInd00
IRS990T/TaxableCorporationAmt02821
IRS990T/TaxLessCreditsAmt02821
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IRS990T/TotalPaymentsAmt038600
IRS990T/TotalTaxAmt02821
IRS990T/TotalTaxComputationAmt02821
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IRS990T/TotalUBTIBeforeNOLSpecificAmt014432
IRS990T/TotalUBTIBeforeSection199AAmt014432
IRS990T/TotalUBTIComputedAmt014432
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ADAM VOIGTS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF FINANCIAL OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum05152713112
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-01-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DRAKE UNIVERSITY
ReturnHeader/Filer/BusinessNameControlTxt0DRAK
ReturnHeader/Filer/EIN0420680460
ReturnHeader/Filer/PhoneNum05152713112
ReturnHeader/Filer/USAddress/AddressLine1Txt02507 UNIVERSITY AVENUE
ReturnHeader/Filer/USAddress/CityNm0DES MOINES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050311
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08390 EAST CRESCENT PARKWAY SUITE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine2Txt0300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GREENWOOD VILLAGE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080111
ReturnHeader/PreparerPersonGrp/PhoneNum03037795710
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SARAH HINTZ
ReturnHeader/ReturnTs02024-05-07T16:54:55-05:00
ReturnHeader/ReturnTypeCd0990T
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ADAM
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0VOIGTS
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990TFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
-
Liabilities
-
Net assets
-
Revenue
-
Expenses
-
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$628$78.9$549$256$246$9.98
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$607$86.0$521$263$250$12.6
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$568$90.6$478$259$246$12.8
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$538$94.3$444$253$238$15.0
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$573$108$464$245$218$27.4
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$506$116$391$222$221$1.24
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$509$116$393$231$219$11.9
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$500$121$379$231$213$18.3
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$485$115$370$213$203$9.69
2016Detailed filing. Detailed filing data is available for this year.$462$120$342$208$198$9.94
2015Detailed filing. Detailed filing data is available for this year.$440$96.5$343$225$193$31.2
2014Detailed filing. Detailed filing data is available for this year.$424$99.4$325$197$188$8.85
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$405$110$295$180
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$385$115$270$175
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$386$111$275$172