Is Utica University Legit?

Utica University demonstrates a consistent operational scale with annual revenues generally exceeding $100 million. While the organization's assets have shown growth over the past decade, reaching $133,465,875 in the latest filing, there have been fluctuations in financial performance. For instance, in the 202305 period, expenses of $105,687,698 exceeded revenues of $89,786,192, indicating an operating deficit for that year. This contrasts with periods like 202105 where revenues significantly outpaced expenses ($115,414,749 vs. $95,038,724). The consistent reporting of 0% for officer compensation across all available filings is unusual for an organization of this size and revenue, potentially indicating that compensation for key executives is reported in a different section of the 990 or through a related organization, or that the data provided is incomplete regarding this specific metric. This lack of detail on executive compensation could be a point of concern for transparency. The organization's NTEE code B420 (Colleges, Universities & Professional Schools) suggests its primary focus is educational programs, which typically have high program spending ratios.