Is Adelphi University Legit?

Adelphi University demonstrates consistent financial activity, with revenues generally exceeding or closely matching expenses over the past decade. For instance, in the 202208 period, revenue was $329,867,300 against expenses of $322,408,391, indicating a slight surplus. However, the most recent filing (202308) shows expenses of $331,591,192 exceeding revenues of $317,638,536, resulting in a deficit for that period. The organization's assets have shown steady growth, reaching $552,495,763 in 202308, up from $475,522,855 in 201408, suggesting long-term financial stability. The consistent reporting of 0% for officer compensation across all available filings is unusual for an organization of this size and could indicate that compensation is reported in a different section of the 990 or through a related entity, which warrants further investigation for full transparency.