Molloy University
85% goes to programs $20 to raise $100 Strong reserves
Molloy University is a 501(c)(3) organization based in Rockville Ctr, New York, registered in 1946, with $178,079,948 in FY2023 revenue. CharityIndex grades it A, and it directs about 85% of spending to programs.
1000 Hempstead Ave, Rockville Ctr, NY, 11570 EIN 11-1797182 Since 1946
Revenue (FY2023)
$178.1M
▲ 11.9% vs prior year
Education median: $200K
Expenses (FY2023)
$170.9M
Net assets
$130.0M
Employees
2,413
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating85% to programs · $20 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Molloy University: 85% to programs · $20 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating9 mo reserves · +4% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Molloy University: 9 mo reserves · +4% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Molloy University: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Molloy University: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Molloy is an independent catholic university rooted in the dominican tradition of study.
Contact & location
- Address
- 1000 Hempstead Ave, Rockville Ctr, NY, 11570
- City
- Rockville Ctr
- State
- New York
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $117.3M (FY2013) to $178.1M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $125.9MNet assets $130.0M
Operating margin
4.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$255.9M
Total liabilities
$125.9M
Net assets
$130.0M
Salaries & benefits
$87.3M
51% of expenses
Board members
23
22 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $178,079,948▲11.9% | $170,888,843▲2.9% | $130,021,736▲5.3% | $255,940,839▲0.4% | 990 |
| 2022 | $159,204,626▼3.5% | $166,128,809▲1.2% | $123,447,908▼1.9% | $254,798,458▼2.3% | 990 |
| 2021 | $164,978,335▲4.2% | $164,146,748▲8.4% | $125,830,788▼4.9% | $260,681,891▼2.5% | 990 |
| 2020 | $158,367,248▼1.7% | $151,441,511▼2.0% | $132,381,252▲11.3% | $267,253,283▲12.7% | 990 |
| 2019 | $161,091,672▲8.0% | $154,510,827▲8.2% | $118,898,642▲4.6% | $237,160,877▲0.9% | 990 |
| 2018 | $149,151,992▲1.5% | $142,753,508▲4.6% | $113,686,327▲8.8% | $234,976,367▲13.3% | 990 |
| 2017 | $146,980,625▲3.9% | $136,506,196▲1.5% | $104,508,013▲6.2% | $207,462,613▲5.5% | 990 |
| 2016 | $141,512,769▲9.9% | $134,441,522▲9.1% | $98,375,847▲11.0% | $196,560,799▲5.9% | 990 |
| 2015 | $128,819,693▲6.4% | $123,195,262▲5.8% | $88,596,877▲6.0% | $185,651,185▼0.4% | 990 |
| 2014 | $121,051,923▲3.2% | $116,425,630▲5.8% | $83,575,278▲4.8% | $186,458,259▲27.0% | 990 |
| 2013 | $117,331,029 | $110,089,838▲4.8% | $79,727,055▲11.6% | $146,858,121▲7.9% | 990 |
| 2012 | — | $105,059,018▲9.5% | $71,441,786▲5.3% | $136,063,572▲2.1% | 990 |
| 2011 | — | $95,933,040▲14.5% | $67,877,722▲9.5% | $133,326,636▼0.6% | 990 |
| 2010 | — | $83,813,628▲11.6% | $61,982,344▲23.7% | $134,067,999▲16.9% | 990 |
| 2009 | — | $75,070,623 | $50,101,677 | $114,665,717 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: James P Lentini — $525,078 (0.31% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| James P Lentini | President | 35 | $525,078 |
| Cheryl Michelle Piskulich | Provost & Vp Academic Affairs | 35 | $290,462 |
| Susan D Williams | Vice President Finance & Treasurer | 35 | $279,789 |
| Barbara T Schmidt - Associate | Provost Academic Affairs | 35 | $275,911 |
| Edward J Thompson | Vice President Office of Advancement | 35 | $264,195 |
| Kathleen Maurer Smith | Dean of Graduate Academic Affairs | 35 | $244,835 |
| Gioia Bales | Dean of Business | 35 | $239,784 |
| Marcia Gardner | Dean of Nursing | 35 | $234,873 |
| Linda Albanese | Vice President Enrollment Management | 35 | $221,426 |
| Janine Biscari | Vice President Student Affairs | 35 | $219,979 |
| John Carpente | Professor | 35 | $204,722 |
| Michael J Olivo | Chief Information Officer | 35 | $162,585 |
| Diane K Fornieri - Chief | Of Staff & Secretary (thru 11/2023) | 35 | $161,101 |
| Matthew Albanese - Sr Dir of | Compliance & Secretary (as of 11/23) | 35 | $130,955 |
| Corey Muirhead | Trustee | 1 | — |
| Daniel F Hines | Trustee | 1 | — |
| David M Hagan | Trustee (thru 05/2024) | 1 | — |
| Diane Esposito | Trustee | 1 | — |
| Jeffrey H Greenfield | Trustee | 1 | — |
| John J Bishar Jr | Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Lessing's Food Svc Mgmt | Food Services | $1,731,236 |
| Austin & Williams Inc | Media Services | $1,571,088 |
| Assessment Tech Institute Inc | Educational Services | $923,800 |
| Cutlass Industrial Inc | Construction/renovation | $912,359 |
| Jenspark Inc | Marketing Services | $478,112 |
Grants received · $1.1M total
42 grants to Molloy University totaling $1.1M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The New York Community Trust | For program support. | 2024 | $132,951 |
| American Endowment Foundation | Educational | 2024 | $13,750 |
| United Way Miami Inc | General support | 2024 | $13,350 |
| Charities Aid Foundation America | Charitable donation | 2024 | $11,503 |
| The New York Community Trust | For program support. | 2023 | $125,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $66,500 |
| National Collegiate Athletic Association | Grants | 2023 | $21,728 |
| The New York Community Trust | For general support. | 2023 | $20,000 |
| Donor Advised Charitable Giving | Education | 2023 | $11,000 |
| American Endowment Foundation | Educational | 2023 | $10,600 |
| United Way Miami Inc | General support | 2023 | $5,400 |
| National Collegiate Athletic Association | Grants | 2022 | $14,660 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $12,400 |
| American Endowment Foundation | Educational | 2022 | $12,000 |
| Donor Advised Charitable Giving | Education | 2022 | $11,000 |
Grants made · $15K in FY2023
1 grant totaling $15K in FY2023. All grants made by Molloy University →
| Recipient | Purpose | Amount |
|---|---|---|
| The University of Tennessee | Support for study on improvisational music therapy outcomes for children with autism | $15,404 |
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Frequently asked questions
- Is Molloy University a legitimate nonprofit?
- Yes. Molloy University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 11-1797182, based in Rockville Ctr, New York. Donations are tax-deductible.
- What is Molloy University's EIN?
- Molloy University's Employer Identification Number (EIN) is 11-1797182.
- How much revenue does Molloy University report?
- Molloy University reported $178,079,948 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Molloy University's spending goes to programs?
- Molloy University spends about 85% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Molloy University have?
- CharityIndex grades Molloy University A, based on program efficiency and fundraising cost.
- How much does Molloy University's highest-paid employee make?
- The highest reported compensation on Molloy University's latest Form 990 is $525,078, paid to James P Lentini (President).
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Data for Molloy University (EIN 11-1797182) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.