Is Molloy University Legit?

Quick charity verification for Molloy University (EIN: 111797182)

Verdict: Molloy University appears trustworthy

85/100Mission Score
$284.8MRevenue
$255.9MAssets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Molloy University demonstrates consistent financial operations, with revenues generally exceeding or closely matching expenses over the past decade. In the latest available filing (202306), the university reported expenses of $166,128,809 against revenues of $159,204,626, indicating a slight operational deficit for that period. However, this follows several years of positive net income, such as in 202106 where revenue was $158,367,248 and expenses were $151,441,511. The organization's assets have shown steady growth, increasing from $146,858,121 in 201406 to $254,798,458 in 202306, suggesting a healthy accumulation of resources. Liabilities have also increased over the same period, from $67,131,066 to $131,350,550, which is typical for an expanding institution. The consistent reporting of 0% officer compensation across all filings is a notable aspect of its financial transparency, indicating that executive compensation is not reported in this specific field on the 990, or is not paid to officers in a way that triggers this reporting requirement.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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