Michigan Virtual University

What it reported doing in 2024

Michigan virtual is a nonprofit educational organization that is leading innovation to build learning opportunities for tomorrow. Driven by student success, we have a strong record of supporting Michigan education that spans more than two decades. While many know us for our research-based, quality online learning options for students and professional development for educators, we also do a great deal of work behind the scenes to conduct original research, test innovations in learning, and provide consulting partnerships to promote effective practices. Education is changing faster than ever. Discover new models and resources to move learning forward at michiganvirtual.org.in 2024-25, Michigan virtual accomplished the following: delivered over 35,500 student enrollments to over 18,434 students in 260 different online courses.helped Michigan educators maintain their certification by providing more than 279,000 completed state continuing education clock hours (scechs).served over 363,707 enrollments to more than 122,000 adult learners across over 250 online professional development courses.Michigan virtual partnered with 27 organizations to offer professional learning opportunities that aligned to their member's training needs.received a 96% highly satisfied score from nearly 100,500 professional learners who completed our end-of-course survey.staff attended 35 conferences throughout Michigan and some nationally, providing 97 sessions of professional learning to k-12 educational stakeholders.completed the design of three industry certifications that were made available to students starting with the fall semester in 2025. Published 6 research reports on topics regarding ai in education and virtual learning environments. Continued to offer consulting services for k-12 schools and organizations to support stakeholders as they work to design, implement, and operationalize innovative delivery models.continued a partnership with the future of learning council and provided administrative support and meeting space to facilitate their work.reviewed and supported 1,300 iep plans for special education students. Reviewed and supported 2,300 student 504 plans identified by school partners. Processed 11,850 customer calls, closed 12,472 customer tickets, and maintained a 92% satisfaction rating through our customer care center.the artificial intelligence (ai) lab expanded the leadership role of the institute to include investigating the instructional, policy, ethical, and legal aspects connected to the use of ai in public schools, and creating resources, trainings, and school partnerships to help build awareness about the increasingly disruptive technology of ai and help districts plan and prepare for the future. Over 525 ai trainings for 18,000+ participants totaling over 34,000 hours were provided to school districts this fiscal year. This included hosting the third annual ai summit for more than 500 Michigan educators.the ai lab continued the ai statewide workgroup, which includes 19 of the leading educational organizations and has evolved into five subgroups that include leadership from leas and isds across the state to continue the work of thoughtful ai integration in k-12 schools.organized a trip to the 2025 asu+gsv summit, one of the most impactful convenings of leaders in education and workforce development, for nearly 40 Michigan superintendents and their leadership teams.continued partnership with miregistry, an organization that supports professionals who run daycare centers, after-school programs, and early childhood programs, to provide an online learning option for state certification. Created the innovation design studio at Michigan virtual to serve as a model for modern learning environments, integrating technology, flexible design, and interactive training. It will offer programs that build district capacity, inform local decisions on instructional design, and showcase Michigan virtual's leadership in shaping the future of educ

Financial Efficiency

• Mission deployment rate: 84.8%; rating input score 85
• Program expense ratio: 87.3%; rating input score 87
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Missing
  • Independent consultant: Pass
  • Other Form 990s reviewed: Missing
  • Written employment contract: Pass
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 93.8%; rating input score 94; 27th percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 2.7%; rating input score 45; 45th percentile among comparable filings
• Total-asset coverage ratio: 1.02; rating input score 37; 37th percentile among comparable filings
• Liabilities to assets ratio: 0.1; rating input score 73; 73rd percentile among comparable filings
• Officer compensation ratio: 6.4%; rating input score 40; 40th percentile among comparable filings

Growth

• Program expense growth: 5.1% per year; rating input score 100; 43rd percentile among comparable filings
• Revenue growth: 6.8% per year; rating input score 100; 58th percentile among comparable filings
• Asset growth: 7.5% per year; rating input score 100; 52nd percentile among comparable filings