Molloy University
Molloy University maintains stable financial health with consistent asset growth and balanced operational budgets over the last decade.
EIN: 111797182 · Rockville Ctr, NY · NTEE: B420 · Updated: 2026-03-28
Is Molloy University Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Molloy University directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Molloy University
Molloy University (EIN: 111797182) is a nonprofit organization based in Rockville Ctr, NY, classified under NTEE code B420. The organization reported total revenue of $284.8M and total assets of $255.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Molloy University's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Molloy University is a major nonprofit that has been operating for 80 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $159.2M |
| Total Expenses | $166.1M |
| Surplus / Deficit | $-6,924,183 |
| Total Assets | $254.8M |
| Total Liabilities | $131.4M |
| Net Assets | $123.4M |
| Operating Margin | -4.3% |
| Debt-to-Asset Ratio | 51.6% |
| Months of Reserves | 18.4 months |
Financial Health Grade: C
In 2023, Molloy University reported a deficit of $6.9M with expenses exceeding revenue, holds 18.4 months of operating reserves (strong position), has a debt-to-asset ratio of 51.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Molloy University's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.5% | +1.2% | -2.3% |
| 2022 | +4.2% | +8.4% | -2.5% |
| 2021 | -1.7% | -2.0% | +12.7% |
| 2020 | +8.0% | +8.2% | +0.9% |
| 2019 | +1.5% | +4.6% | +13.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1946 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Molloy University with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Molloy University allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6.9M, with expenses exceeding revenue.
- Debt-to-asset ratio: 51.6%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which suggests that executive compensation is either not paid to officers as defined by the 990, or is reported in other categories, requiring further investigation for a complete understanding of executive pay relative to the university's substantial size and revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Molloy University's IRS 990 filings:
- Latest filing (202306) shows a slight operational deficit of $6,924,183, indicating expenses exceeded revenue for that period.
- Consistent 0% officer compensation reported on 990s may indicate compensation is reported elsewhere or structured differently, requiring deeper analysis for full transparency on executive pay.
Strengths
The following positive indicators were identified for Molloy University:
- Consistent asset growth, increasing from $146,858,121 in 201406 to $254,798,458 in 202306, indicating strong financial health.
- Steady revenue growth over the past decade, from $117,331,029 in 201406 to $159,204,626 in 202306.
- Generally balanced operational budgets over the long term, with revenues closely matching or exceeding expenses in most periods.
- Low liabilities relative to assets, with assets of $254,798,458 and liabilities of $131,350,550 in 202306, suggesting a healthy balance sheet.
Frequently Asked Questions about Molloy University
Is Molloy University a legitimate charity?
Based on AI analysis of IRS 990 filings, Molloy University (EIN: 111797182) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Molloy University spend its money?
Molloy University directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Molloy University tax-deductible?
Molloy University is registered as a tax-exempt nonprofit (EIN: 111797182). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Molloy University a good charity?
As an educational institution (NTEE Code B420), Molloy University appears to be financially stable with consistent revenue and asset growth. Its primary mission is education, and the financial data suggests it effectively manages its resources to support this mission. The consistent reporting of 0% officer compensation is a positive indicator of transparency, though further detail on executive pay would provide a more complete picture.
How has Molloy University's financial position changed over the last decade?
Molloy University has experienced significant financial growth over the last decade. Its assets have increased from $146,858,121 in 201406 to $254,798,458 in 202306. Revenues have also grown substantially, from $117,331,029 in 201406 to $159,204,626 in 202306, demonstrating a strong upward trend in its financial capacity.
What is the trend in Molloy University's operational surplus or deficit?
Molloy University has generally operated with a surplus or near-balanced budget over the past decade. For example, in 202106, it had a surplus of over $6.9 million ($158,367,248 revenue vs. $151,441,511 expenses). While the latest filing (202306) shows a slight deficit of approximately $6.9 million ($159,204,626 revenue vs. $166,128,809 expenses), this follows a pattern of mostly positive or stable financial performance.
Filing History
IRS 990 filing history for Molloy University showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Molloy University's revenue has grown by 69.5%, moving from $93.9M to $159.2M. Total assets increased by 90.1% over the same period, from $134.1M to $254.8M. Total functional expenses rose by 98.2%, from $83.8M to $166.1M. In its most recent filing year (2023), Molloy University reported a deficit of $6.9M, with expenses exceeding revenue. The organization holds $131.4M in liabilities against $254.8M in assets (debt-to-asset ratio: 51.6%), resulting in net assets of $123.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $159.2M | $166.1M | $254.8M | $131.4M | — | — |
| 2022 | $165.0M | $164.1M | $260.7M | $134.9M | — | View 990 |
| 2021 | $158.4M | $151.4M | $267.3M | $134.9M | — | View 990 |
| 2020 | $161.1M | $154.5M | $237.2M | $118.3M | — | View 990 |
| 2019 | $149.2M | $142.8M | $235.0M | $121.3M | — | View 990 |
| 2018 | $147.0M | $136.5M | $207.5M | $103.0M | — | View 990 |
| 2017 | $141.5M | $134.4M | $196.6M | $98.2M | — | View 990 |
| 2016 | $128.8M | $123.2M | $185.7M | $97.1M | — | View 990 |
| 2015 | $121.1M | $116.4M | $186.5M | $102.9M | — | View 990 |
| 2014 | $117.3M | $110.1M | $146.9M | $67.1M | — | View 990 |
| 2013 | $108.0M | $105.1M | $136.1M | $64.6M | — | View 990 |
| 2012 | $101.3M | $95.9M | $133.3M | $65.4M | — | View 990 |
| 2011 | $93.9M | $83.8M | $134.1M | $72.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $159.2M, expenses of $166.1M, and assets of $254.8M (revenue -3.5% year-over-year).
- 2022: Revenue of $165.0M, expenses of $164.1M, and assets of $260.7M (revenue +4.2% year-over-year).
- 2021: Revenue of $158.4M, expenses of $151.4M, and assets of $267.3M (revenue -1.7% year-over-year).
- 2020: Revenue of $161.1M, expenses of $154.5M, and assets of $237.2M (revenue +8.0% year-over-year).
- 2019: Revenue of $149.2M, expenses of $142.8M, and assets of $235.0M (revenue +1.5% year-over-year).
- 2018: Revenue of $147.0M, expenses of $136.5M, and assets of $207.5M (revenue +3.9% year-over-year).
- 2017: Revenue of $141.5M, expenses of $134.4M, and assets of $196.6M (revenue +9.9% year-over-year).
- 2016: Revenue of $128.8M, expenses of $123.2M, and assets of $185.7M (revenue +6.4% year-over-year).
- 2015: Revenue of $121.1M, expenses of $116.4M, and assets of $186.5M (revenue +3.2% year-over-year).
- 2014: Revenue of $117.3M, expenses of $110.1M, and assets of $146.9M (revenue +8.6% year-over-year).
- 2013: Revenue of $108.0M, expenses of $105.1M, and assets of $136.1M (revenue +6.6% year-over-year).
- 2012: Revenue of $101.3M, expenses of $95.9M, and assets of $133.3M (revenue +7.9% year-over-year).
- 2011: Revenue of $93.9M, expenses of $83.8M, and assets of $134.1M.
Data Sources and Methodology
This transparency report for Molloy University is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.