Is Monmouth University Inc Legit?

Monmouth University Inc. demonstrates consistent financial health with a strong trend of increasing assets and revenues over the past decade. In the latest reported period (202306), the organization reported revenues of $274,830,004 against expenses of $261,711,486, indicating a healthy surplus. Its assets have grown significantly from $342,054,472 in 2014 to $440,888,728 in 2023, showcasing robust financial management and growth. The organization consistently maintains a positive net asset position, with liabilities remaining a relatively small portion of total assets, suggesting good fiscal responsibility. The NTEE code B430 indicates a focus on higher education, which typically involves substantial program service expenses related to education and research.