Civic Intelligence

Molloy University

EIN 11-1797182 • 501(c)3 • Rockville Centre, NY

View Organization Page

Profile

Molloy university, an independent catholic university, rooted in the dominican tradition of study, spirituality, service, and community, is committed to academic excellence with respect for each person. Through transformative education, molloy promotes a lifelong search for truth and the development of ethical leadership.

1000 Hempstead AvenueRockville Centre, NY 11570-1135

www.molloy.edu

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

67th percentile

0.49x

Higher debt load relative to assets than 67% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Liabilities / Revenue

65th percentile

0.71x

Higher debt load relative to revenue than 65% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Net Margin

50th percentile

4.0%

Higher net margin than 50% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Top Officer Pay

35th percentile

$604,683

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.3% of source-year revenue.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Asset Growth

24th percentile

0.4%

Faster asset growth than 24% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Revenue Growth

59th percentile

12%

Faster revenue growth than 59% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets67th percentile

Assets

Up

$255,940,839

Up $1,142,381 (+0.4%) from 2023

Liabilities

Down

$125,919,103

Down $5,431,447 (-4.1%) from 2023

Net Assets

Up

$130,021,736

Up $6,573,828 (+5.3%) from 2023

Operations
Liabilities / Revenue65th percentileNet Margin50th percentile

Revenue

Up

$178,079,948

Up $18,875,322 (+12%) from 2023

Expenses

Up

$170,888,843

Up $4,760,034 (+2.9%) from 2023

Net Income

Up

$7,191,105

Up $14,115,288 (+204%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth24th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300M$200M$100M$0Assets 2010: $114,665,717Liabilities 2010: $64,564,040Net Assets 2010: $50,101,6772010Assets 2011: $134,067,999Liabilities 2011: $72,085,655Net Assets 2011: $61,982,3442011Assets 2012: $133,326,636Liabilities 2012: $65,448,914Net Assets 2012: $67,877,7222012Assets 2013: $136,063,572Liabilities 2013: $64,621,786Net Assets 2013: $71,441,7862013Assets 2014: $146,858,121Liabilities 2014: $67,131,066Net Assets 2014: $79,727,0552014Assets 2015: $186,458,259Liabilities 2015: $102,882,981Net Assets 2015: $83,575,2782015Assets 2016: $185,651,185Liabilities 2016: $97,054,308Net Assets 2016: $88,596,8772016Assets 2017: $196,560,799Liabilities 2017: $98,184,952Net Assets 2017: $98,375,8472017Assets 2018: $207,462,613Liabilities 2018: $102,954,600Net Assets 2018: $104,508,0132018Assets 2019: $234,976,367Liabilities 2019: $121,290,040Net Assets 2019: $113,686,3272019Assets 2020: $237,160,877Liabilities 2020: $118,262,235Net Assets 2020: $118,898,6422020Assets 2021: $267,253,283Liabilities 2021: $134,872,031Net Assets 2021: $132,381,2522021Assets 2022: $260,681,891Liabilities 2022: $134,851,103Net Assets 2022: $125,830,7882022Assets 2023: $254,798,458Liabilities 2023: $131,350,550Net Assets 2023: $123,447,9082023Assets 2024: $255,940,839Liabilities 2024: $125,919,103Net Assets 2024: $130,021,7362024

Highlighted filing

2024

Assets$255,940,839
Liabilities$125,919,103
Net Assets$130,021,736
Open 2024 Filing

Operations Trend

Revenue Growth59th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200M$150M$100M$50M$0-$50MExpenses 2010: $75,070,6232010Revenue 2011: $93,913,808Expenses 2011: $83,813,628Net Income 2011: $10,100,1802011Expenses 2012: $95,933,0402012Revenue 2013: $108,021,240Expenses 2013: $105,059,018Net Income 2013: $2,962,2222013Revenue 2014: $117,331,029Expenses 2014: $110,089,838Net Income 2014: $7,241,1912014Revenue 2015: $121,051,923Expenses 2015: $116,425,630Net Income 2015: $4,626,2932015Revenue 2016: $128,819,693Expenses 2016: $123,195,262Net Income 2016: $5,624,4312016Revenue 2017: $141,512,769Expenses 2017: $134,441,522Net Income 2017: $7,071,2472017Revenue 2018: $146,980,625Expenses 2018: $136,506,196Net Income 2018: $10,474,4292018Revenue 2019: $149,151,992Expenses 2019: $142,753,508Net Income 2019: $6,398,4842019Revenue 2020: $161,091,672Expenses 2020: $154,510,827Net Income 2020: $6,580,8452020Revenue 2021: $158,367,248Expenses 2021: $151,441,511Net Income 2021: $6,925,7372021Revenue 2022: $164,978,335Expenses 2022: $164,146,748Net Income 2022: $831,5872022Revenue 2023: $159,204,626Expenses 2023: $166,128,809Net Income 2023: -$6,924,1832023Revenue 2024: $178,079,948Expenses 2024: $170,888,843Net Income 2024: $7,191,1052024

Highlighted filing

2024

Revenue$178,079,948
Expenses$170,888,843
Net Income$7,191,105
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$255,940,839
Liabilities
$125,919,103
Net assets
$130,021,736
Revenue
$178,079,948
Expenses
$170,888,843
Net income
$7,191,105
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$256$126$130$178$171$7.19
2023Detailed filing. Detailed filing data is available for this year.$255$131$123$159$166$6.92
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$261$135$126$165$164$0.83
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$267$135$132$158$151$6.93
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$237$118$119$161$155$6.58
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$235$121$114$149$143$6.40
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$207$103$105$147$137$10.5
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$197$98.2$98.4$142$134$7.07
2016Detailed filing. Detailed filing data is available for this year.$186$97.1$88.6$129$123$5.62
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$186$103$83.6$121$116$4.63
2014Detailed filing. Detailed filing data is available for this year.$147$67.1$79.7$117$110$7.24
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$136$64.6$71.4$108$105$2.96
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$133$65.4$67.9$95.9
2011Summary only. Only limited summary data is available for this year.$134$72.1$62.0$93.9$83.8$10.1
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$115$64.6$50.1$75.1
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 8, 2025
Return Version
2023v6.0
Gross Receipts
$284,838,698
Mission and Program Overview

Mission

Molloy College, an independent, Catholic College, rooted in the Dominican tradition of study, spirituality, service, and community, is committed to academic excellence with respect for each person. Through transformative education, Molloy promotes a lifelong search for truth and the development of ethical leadership.

Molloy is an independent catholic university rooted in the dominican tradition of study.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$127,545,893$122,451,942▼ $5,093,951
Investments in Publicly Traded Securities$45,982,827$54,331,624▲ $8,348,797
Savings and Temporary Cash Investments$37,478,893$38,666,141▲ $1,187,248
Cash and Non-Interest-Bearing Accounts$5,240,318$5,402,871▲ $162,553
Investments Other Securities$3,692,876$3,628,725▼ $64,151
Accounts Receivable$2,688,111$3,332,443▲ $644,332
Prepaid Expenses and Deferred Charges$2,686,619$2,718,065▲ $31,446
Pledges and Grants Receivable$4,492,054$2,010,759▼ $2,481,295
Other Notes and Loans Receivable, Net$1,769,512$1,454,527▼ $314,985
Intangible Assets$78,750$26,250▼ $52,500
Total Assets$254,798,458$255,940,839▲ $1,142,381
Other Assets Total$23,142,605$21,917,492▼ $1,225,113
Liabilities
Tax Exempt Bond Liabilities$82,894,463$80,037,094▼ $2,857,369
Other Liabilities$26,610,536$25,246,072▼ $1,364,464
Accounts Payable and Accrued Expenses$13,080,988$11,935,066▼ $1,145,922
Deferred Revenue$3,748,162$3,787,335▲ $39,173
Escrow Account Liability$3,348,733$3,377,069▲ $28,336
Grants Payable$1,667,668$1,536,467▼ $131,201
Total Liabilities$131,350,550$125,919,103▼ $5,431,447
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$110,029,430$115,614,665▲ $5,585,235
Net Assets With Donor Restrictions$13,418,478$14,407,071▲ $988,593
Total Net Assets Fund Balance$123,447,908$130,021,736▲ $6,573,828
Total Liabilities and Net Assets / Fund Balance$254,798,458$255,940,839▲ $1,142,381

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$109,726,393$68,825,053$178,551,446
Equipment$6,567,723$36,771,184$43,338,907
Leasehold Improvements$2,812,048$4,479,788$7,291,836
Land$3,273,630-$3,273,630
Other Land Buildings$72,148-$72,148
Other Assets Org$953,954--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$49,255,498$299,023▲ $6,750,483-$56,171,754
2022$44,564,248$248,294▲ $4,509,506-$49,255,498
2021$52,552,443$768,892▼ $8,543,173-$44,564,248
2020$43,648,437$732,083▲ $8,374,430-$52,552,443
2019$40,758,565$554,200▲ $2,518,733-$43,648,437
Compensation and Service Providers
Top Officer Pay35th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
James P LentiniPresidentFT$414,156$190,527$604,683
Cheryl Michelle PiskulichProvost & VP Academic AffairsFT$290,462$42,670$333,132
Edward J ThompsonVice President Office of AdvancementFT$258,621$66,061$324,682
Marcia GardnerDean of NursingFT$234,873$69,476$304,349
Barbara T Schmidt - AssociateProvost Academic AffairsFT$275,911$23,405$299,316
Susan D WilliamsVice President Finance & TreasurerFT$279,789$18,950$298,739
Gioia BalesDean of BusinessFT$239,784$54,982$294,766
Kathleen Maurer SmithDean of Graduate Academic AffairsFT$244,835$33,510$278,345
John CarpenteProfessorFT$204,722$43,837$248,559
Linda AlbaneseVice President Enrollment ManagementFT$219,738$15,500$235,238
Janine BiscariVice President Student AffairsFT$216,079$17,598$233,677
Diane K Fornieri - ChiefOf Staff & Secretary (thru 11/2023)FT$152,182$55,364$207,546
Michael J OlivoChief Information OfficerFT$162,585$10,423$173,008
Matthew Albanese - Sr Dir ofCompliance & Secretary (as of 11/23)FT$130,955$24,614$155,569

Board Members and Trustees

NameTitle
John P McenteeChairperson
Sr Margaret McvettyVice Chairperson
Corey MuirheadTrustee
Daniel F HinesTrustee
Diane EspositoTrustee
Jeffrey H GreenfieldTrustee
John J Bishar JrTrustee
John WestermanTrustee
Joseph J FennessyTrustee
Kenneth J PritchardTrustee
Kristy L UvenaTrustee
Laura FarahaniTrustee
Maureen Evers-willoxTrustee
Nicolette Fiore-lopezTrustee
S Zaki HossainTrustee
Sammy ChuTrustee
Shari James-pierreTrustee
Sr Kathleen TuiteTrustee
Sr Patricia KoehlerTrustee
Timothy MooneyTrustee
Kevin G GershowitzTrustee (as of 05/2024)
Wayne H LiptonTrustee (as of 07/2023)
David M HaganTrustee (thru 05/2024)
Sr Anne-marie KirmseTrustee (thru 05/2024)
Susan SantoroTrustee (thru 05/2024)

Highest Paid Contractors

ContractorServicesLocationCompensation
Lessing's Food Svc MgmtFood Services3500 SUNRISE HWY STE 100, Great River, NY 11739$1,731,236
Austin & Williams INCMedia Services80 ARKAY DRIVE STE 220, Hauppauge, NY 11788$1,571,088
Assessment Tech Institute INCEducational Services62277 COLLECTIONS CTR DR, Chicago, IL 60693$923,800
Cutlass Industrial INCConstruction/renovation193 HORTON AVENUE, Lynbrook, NY 11563$912,359
Jenspark INCMarketing Services101 HUNTINGTON AVE STE 2200, Boston, MA 02199$478,112
Revenue and Support

Revenue Composition

Contributions and Grants
$8,230,322
Program Service Revenue
$159,688,661
Investment Income
$8,797,221
Other Revenue
$1,363,744
All Other Contributions
$4,453,160
Change in Net Assets
$7,191,105

Audited Revenue Reconciliation

Revenue per Audited Statements
$178,168,475
Revenue Not Reported on Financial Statements
$-88,527
Revenue Not Reported on Form 990
$-39,357,900
Other Revenue Adjustments
$-408,558
Total Revenue per Audited Statements
$138,810,575
Total Revenue per Form 990
$178,079,948
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$87,273,651
Other Expenses$42,737,611
Grants and Similar Amounts Paid$40,877,581
Total Fundraising Expense$1,636,356
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$55,597,768$5,574,595$926,908$62,099,271
Grants to Domestic Individuals$40,858,068--$40,858,068
Other Employee Benefits$13,385,799$1,342,148$223,163$14,951,110
Depreciation Depletion$5,647,138$2,431,414-$8,078,552
Fees for Services Other$4,260,060$3,297,004$22,297$7,579,361
Payroll Taxes$4,599,613$461,187$76,683$5,137,483
Occupancy$3,156,619$1,421,489$1,461$4,579,569
Interest$2,682,603$1,165,282$1,414$3,849,299
Information Technology$858,416$2,133,310$675$2,992,401
Conferences and Meetings$2,606,238$265,870$27,564$2,899,672
Pension Plan Contributions$2,299,479$230,561$38,336$2,568,376
Current Officers, Directors, Trustees, and Key Employees$2,253,850$225,986$37,575$2,517,411
Insurance$7,720$2,108,572-$2,116,292
Advertising$303,302$1,688,956$15,221$2,007,479
Office Expenses$1,307,467$367,177$64,801$1,739,445
All Other Expenses$1,037,146$305,864$185,071$1,528,081
Travel$1,064,941$72,035$10,566$1,147,542
Fees for Services Legal-$331,971-$331,971
Fees for Service Investment Mgmnt Fees-$320,031-$320,031
Fees for Services Accounting-$196,170-$196,170
Other Expenses$136,138$154,141$2,890$136,138
Grants to Domestic Orgs$19,513--$19,513
Total Functional Expenses$144,658,450$24,594,037$1,636,356$170,888,843

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$170,888,843
Total Expenses per Audited Statements$132,236,747
Expenses per Audited Statements$130,507,896
Expenses Not Reported on Financial Statements$40,380,947
Other Expense Adjustments$40,060,916
Expenses Not Reported on Form 990$1,728,851
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The University of TennesseeMemphis, TN501(c)(3)Support for Study on Improvisational Music Therapy Outcomes for Children With Autism$15,404

International Summary

Offices
0
Employees
0
Spending
$2,497,211

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
Yes
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanInvestments-00$2,497,211
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$347,329
Fundraising Gross Income$175,568
Gaming Gross Income$99,641
Gaming Direct Expenses$18,708
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$249,330$66,660$11,333$55,327
Gala$223,459$28,908$24,731$4,177
Total Events$665,839$175,568$347,329$-171,761
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Right-of-use Lease Liability$20,410,849
Conditional Asset Retirement Obligation$2,944,973
Bond Interest Payable$1,890,250

Bond Issues

BondIssuerIssuedIssue PricePurpose
BTown of Hempstead Local Development Corporation2017-07-01$49,942,142To refinance the series 2009 bonds.
ATown of Hempstead Local Development Corporation2014-11-14$32,574,808To finance the cost of a new academic building.
CTown of Hempstead Local Development Corporation2018-10-18$16,104,560To finance the cost of a new dormitory building

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
B$49,942,142$48,923,275$9,215,000$672,867
A$32,574,808$30,284,418$4,470,000$344,543
C$16,104,560$15,135,862$1,480,000$322,484

Bond Financing Compliance

No rebate due
Yes
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Linda albanese and matthew albanese have a family relationship.”

Form 990, Part VI, Section B, Line 11B

“The university's form 990 is prepared by an independent third party accounting firm in conjunction with the university's finance department. The 990 is reviewed in detail by management and then shared with the university's audit and compliance committee of the board of trustees. Upon approval by the audit committee, a copy of the complete form 990 is shared with the full board of director prior to its filing with the internal revenue service.”

Form 990, Part VI, Section B, Line 12C

“Members of the university's board of trustees and senior management may, from time to time, be associated, either directly or indirectly, with companies doing business with the university. The university has a written conflict of interest policy that requires, among other things, that no member of the board of trustees may participate in any decision in which he or she has a material financial interest. Each trustee and senior manager are required to certify compliance with the conflict-of-interest policy on an annual basis as well as disclose any potential related-party transactions to the audit, risk management and compliance committee. When such a relationship exists, the university requires that such transactions be conducted at arms' length, with terms that are fair and reasonable to and for the benefit of the university. For senior management, the university requires annual disclosure of significant financial interests in, or governance of employment or consulting relationships with, entities doing business with the university. When such relationships exist, measures are taken to appropriately manage the actual or perceived conflict in the best interest of the university. No related party transactions existed for fiscal year 2024 and 2023 that require disclosure.”

Form 990, Part VI, Section B, Line 15A

“Compensation of the president of the university is approved by the board of trustees. The compensation of the president is based on several factors, including data collected from and compared to various universities and universities in our peer group.”

Form 990, Part VI, Section C, Line 19

“The university does not post its financial statements on its website. Copies are made available upon request. The form 990 is posted on guidestar and is made available in the university's finance office. Bylaws and other governing documents are maintained on premises and available upon request.”

Filing and Contact Details

Filer

Filer Name
Molloy University
EIN
11-1797182
Phone
5163233000
Address
1000 HEMPSTEAD AVENUE, ROCKVILLE CENTRE, NY 11570-1135

Signing Officer

Name
Stephen Hietsch
Title
Interim CFO
Phone
5163233000
Signed
2025-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James P Lentini
Formed
1955
Legal Domicile
Ny
Voting Board Members
23
Independent Board Members
22
Employees
2,413
Volunteers
100

Preparer

Firm
Grant Thornton Advisors LLC
Address
757 THIRD AVENUE 3RD FLOOR, NEW YORK, NY 10017-2013
Preparer
Scott Thompsett
Phone
2125990100
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Write-off of uncollectible pledges -5,550. Uncollectible student tuition (bad debt) -1,314,743.”

Financial Statement Notes

PART III, LINE 4:

“The university maintains an artwork collection in various buildings for the enjoyment of students, employees, and visitors to its campus.”

PART IV, LINE 2B:

“Molloy university had $3,377,069 in student credit balances at june 30, 2024. These balances represent potential tuition money owed to students due to over-payment, financial aid applied to the student's account or payments.”

PART V, LINE 4:

“The university's endowment fund is intended to support the university's educational mission. The endowment earnings are used to fund the university's daily operations, including scholarships, student programs, and other campus activities. The board of trustees, through its approved investment policy guidelines, has interpreted the new york prudent management of institutional funds (nypmifa) to allow the university to spend below the historical dollar value of its endowment unless specific donors have stipulated to the contrary. The university's endowment consists of 126 individual funds established for a variety of purposes.”

PART X, LINE 2:

“The university follows guidance that clarifies the accounting for uncertainty in tax positions taken or expected to be taken in a tax return, including issues relating to financial statement recognition and measurement. This guidance provides that the tax effects from an uncertain tax position can only be recognized in the financial statements if the position is "more-likely-than-not" to be sustained if the position were to be challenged by a taxing authority. The assessment of the tax position is based solely on the technical merits of the position, without regard to the likelihood that the tax position may be challenged. The university is exempt from federal income tax under irc section 501(c)(3), though it is subject to tax on income unrelated to its exempt purpose, unless that income is otherwise excluded by the code. The university has processes presently in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated income; to determine its filing and tax obligations in jurisdictions for which it has nexus; and to identify and evaluate other matters that may be considered tax positions. The university has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements at june 30, 2024 and 2023.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Institutional aid and scholarships -40,060,916.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Special event expenses -347,329. Rental expenses -42,521. Gaming expenses -18,708.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Uncollectible student tuition (bad debt) 1,314,743. Special event expenses 347,329. Rental expenses 42,521. Gaming expenses 18,708. Write-off of uncolletible pledges 5,550.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Institutional aid and scholarships 40,060,916.”

Raw XML AppendixShowing 400 of 1,390 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/AccountsPayableAccrExpnssGrp/EOYAmt011935066
IRS990/AccountsReceivableGrp/BOYAmt02688111
IRS990/AccountsReceivableGrp/EOYAmt03332443
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0MOLLOY IS AN INDEPENDENT CATHOLIC UNIVERSITY ROOTED IN THE DOMINICAN TRADITION OF STUDY.
IRS990/AdvertisingGrp/FundraisingAmt015221
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IRS990/Desc0SEE SCHEDULE OMOLLOY IS A PRIVATE REGIONAL COMPREHENSIVE UNIVERSITY GROUNDED IN THE CATHOLIC IDEALS OF TRUTH AND RESPECT FOR THE DIGNITY AND WORTH OF EVERY INDIVIDUAL. THE FOUNDERS, THE DOMINICAN SISTERS OF AMITYVILLE, BELIEVED THAT CONFERRING PROFESSIONAL DEGREES WITH A STRONG LIBERAL ARTS CORE WOULD ALLOW STUDENTS TO SERVE IN THEIR CHOSEN FIELDS OF WORK WITH EXCELLENCE, COMPASSION, AND CREATIVITY. CONTINUING IN THAT TRADITION TODAY, MOLLOY'S ACADEMIC, EXPERIENTIAL, AND SERVICE OPPORTUNITIES ARE RESPONSIVE TO THE NEEDS OF THE REGION. THE UNIVERSITY REMAINS DEDICATED TO PROVIDING AN EXCEPTIONAL STUDENT EXPERIENCE, WORKFORCE DEVELOPMENT THROUGH COMMUNITY PARTNERSHIPS, AND INNOVATIVE APPROACHES TO EDUCATION.A WIDE RANGE OF ACADEMIC OPTIONS INCLUDE MORE THAN 50 UNDERGRADUATE MAJORS, AS WELL AS MASTER'S AND DOCTORAL DEGREE PROGRAMS. THE UNIVERSITY'S 4,970 STUDENTS COMPRISE OUR FOUR SCHOOLS, THE BARBARA H. HAGAN SCHOOL OF NURSING AND HEALTH SCIENCES, THE SCHOOL OF BUSINESS, THE SCHOOL OF ARTS AND SCIENCES, AND THE SCHOOL OF EDUCATION AND HUMAN SERVICES. STUDENTS BENEFIT FROM A BREADTH OF UNIVERSITY-LEVEL OFFERINGS INCLUDING ATHLETICS, A VIBRANT STUDENT LIFE CULTURE AND NCAA DIVISION II ATHLETIC TEAMS. MOLLOY'S MAIN CAMPUS IN ROCKVILLE CENTRE, NY, IS HOME TO THREE RESIDENCE HALLS, AND THE MADISON THEATRE. THE MANHATTAN CENTER AT 50 BROADWAY, SUFFOLK CENTER IN AMITYVILLE, AND CENTER FOR ENVIRONMENTAL RESEARCH AND COASTAL OCEANS MONITORING ON THE ATLANTIC OCEAN IN SAYVILLE, NY PROVIDE LEARNING AND EXPERIENTIAL OPPORTUNITIES AND ADVANTAGES. MOLLOY WAS RECENTLY AWARDED FOUR STARS BY MONEY MAGAZINE ON ITS LIST OF 'BEST COLLEGES,' WHICH FOCUSES ON AFFORDABILITY AND STUDENT OUTCOMES. THE UNIVERSITY WAS ALSO HONORED BY U.S. NEWS AND WORLD REPORT AS A 'COLLEGE OF DISTINCTION.'
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