Civic Intelligence

Drake University

990T • Fiscal year 2025 • EIN 42-0680460

Jul 01, 2024 to Jun 30, 2025 • Filed on Jan 30, 2026

2507 University AvenueDes Moines, IA 50311

(515) 271-3112

Siviq Scores

Scores are not available for this record yet.

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

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
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jan 30, 2026
Return Version
2024v5.5
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
2026-01-30
Discuss with paid preparer
Yes

Preparer

Firm
Cliftonlarsonallen Llp
Address
121 SOUTH TEJON STREET SUITE 1100, COLORADO SPRINGS, CO 80903
Preparer
Sarah Hintz
Phone
7196350330
Raw XML Appendix209 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.

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IRS990T/BooksInCareOfDetail/PersonNm0ADAM VOIGTS
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IRS990T/BooksInCareOfDetail/USAddress/AddressLine1Txt02507 UNIVERSITY AVE
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IRS990T/Form990TScheduleAAttachedCnt03
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IRS990T/OtherTaxesAmt00
IRS990T/OverpaymentSection/AppliedToESTaxAmt016533
IRS990T/OverpaymentSection/OverpaymentAmt086886
IRS990T/OverpaymentSection/RefundAmt070353
IRS990T/PaidTaxLiabilityAmt00
IRS990T/Post2017NOLCarryoverGrp/AvlblPost2017NOLCarryoverAmt0114988
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IRS990T/PriorYearOverpaymentCreditAmt023926
IRS990TScheduleA/CapitalGainNetIncomeAmt00
IRS990TScheduleA/CapitalGainNetIncomeAmt154989
IRS990TScheduleA/ExploitedActivityDesc0ADVERTISING
IRS990TScheduleA/ExploitedActivityNetIncomeAmt01043
IRS990TScheduleA/ExploitedExcessExemptExpnssAmt00
IRS990TScheduleA/ExploitedExemptActivityIncmAmt01700
IRS990TScheduleA/ExploitedExpnssCnnctUBIAmt0657
IRS990TScheduleA/GrossIncomeActyNotUBIAmt00
IRS990TScheduleA/GrossIncomeActyNotUBIExpnsAmt00
IRS990TScheduleA/GrossProfitAmt013720
IRS990TScheduleA/GrossReceiptsOrSalesAmt013720
IRS990TScheduleA/NetExploitedActivityIncomeAmt01043
IRS990TScheduleA/NetGrossReceiptsOrSalesAmt013720
IRS990TScheduleA/NetOperatingLossDeductionAmt00
IRS990TScheduleA/NetOperatingLossDeductionAmt10
IRS990TScheduleA/NetOperatingLossDeductionAmt20
IRS990TScheduleA/NetRentIncomeAmt027015
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IRS990TScheduleA/RentIncomePropertyGrp/DualUseInd0X
IRS990TScheduleA/RentIncomePropertyGrp/RentPersonalPropertyAmt00
IRS990TScheduleA/RentIncomePropertyGrp/RentRealPersonalPropertyAmt048583
IRS990TScheduleA/RentIncomePropertyGrp/TotalRentsByPropertyAmt048583
IRS990TScheduleA/RentIncomePropertyGrp/USAddress/AddressLine1Txt02507 UNIVERSITY AVE
IRS990TScheduleA/RentIncomePropertyGrp/USAddress/CityNm0DES MOINES
IRS990TScheduleA/RentIncomePropertyGrp/USAddress/StateAbbreviationCd0IA
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IRS990TScheduleA/TotalCtrlOrgPymtGrossIncmAmt00
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IRS990TScheduleA/TotalDeductionsAmt00
IRS990TScheduleA/TotalDeductionsAmt15415
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IRS990TScheduleA/TotalDirectAdvertisingCostAmt00
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IRS990TScheduleA/TotalDividendsReceivedDedAmt00
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IRS990TScheduleA/TotalGrossAdvertisingIncomeAmt00
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IRS990TScheduleA/TotalInvestmentIncomeAmt00
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IRS990TScheduleA/TotalInvestmentIncomeAmt20
IRS990TScheduleA/TotalPrtshpSCorpIncomeAmt0-67480
IRS990TScheduleA/TotalRentDeductionsAmt00
IRS990TScheduleA/TotalRentDeductionsAmt121568
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IRS990TScheduleA/TotalRentIncomeAmt00
IRS990TScheduleA/TotalRentIncomeAmt148583
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0ADAM VOIGTS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF FINANCIAL OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum05152713112
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-01-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DRAKE UNIVERSITY
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ReturnHeader/Filer/EIN0420680460
ReturnHeader/Filer/PhoneNum05152713112
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ReturnHeader/PreparerPersonGrp/PhoneNum07196350330
ReturnHeader/PreparerPersonGrp/PreparationDt02026-01-30
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ReturnHeader/ReturnTs02026-02-03T09:45:14-06:00
ReturnHeader/ReturnTypeCd0990T
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$628$78.9$549$256$246$9.98
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.
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
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