Adelphi University is dedicated to transforming students' lives through small classes, hands-on learning and innovative programs supporting academic and career success.

501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
$6.0M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $2.0M a year · under 1% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$6.0M
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
2 mo
of spending, in cash
Plus $246.3M in investments, Pt X · Ln 11–13
Fine: 1.6 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $120K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$214.5M
36% of total assets
Looks good: liabilities are 36% of assets; 50% or less.
Pt X · Ln 26
Independent board members
22
of 23 voting members
Looks good: 22 of 23 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$319.9M
-4% vs prior year
Spent
$315.9M
To programs
89%
Net assets
$381.1M
By yearFY2020–FY2025
Revenue
$319.9M
FY2021▼ -4%
Tap a bar for its year
Revenue by fiscal year
FY2020$331.8M
FY2021$319.9M
FY2022$329.9M
FY2023$317.6M
FY2024$344.3M
FY2025$368.7M
Expenses
$315.9M
FY2021+0.4%
Tap a bar for its year
Expenses by fiscal year
FY2020$314.5M
FY2021$315.9M
FY2022$322.4M
FY2023$331.6M
FY2024$349.4M
FY2025$366.4M
Net assets
$381.1M
FY2021▲ +11%
Tap a bar for its year
Net assets by fiscal year
FY2020$342.7M
FY2021$381.1M
FY2022$362.0M
FY2023$360.4M
FY2024$384.0M
FY2025$399.6M

From the FY2021 Form 990 (year ending August 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1927.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $281.9M Management & general 10% · $32.5M Fundraising 0% · $1.5M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

48 people listed on the 990; $6.0M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$910,693Pt VII · Sec A
Exec VP of Finance & Operations
$434,761Pt VII · Sec A
Provost & Exec VP (thru 6/30/21)
$416,679Pt VII · Sec A
Dean, School of Business (until 4/9/21)
$348,428Pt VII · Sec A
Controller/Avp Fin (thru 11/20/20)
$346,674Pt VII · Sec A
Dean, Nursing & Public Health
$311,442Pt VII · Sec A
Vp-Enrollment Mgmt & Univ Comm
$294,404Pt VII · Sec A
VP for Student Affairs
$281,610Pt VII · Sec A

Dr Christine Riordan’s $1.2M as President is at the 79th percentile of top reported officer pay among 674 $100M+ education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Dr Christine Riordan$1,180,417$945,453$898,788$942,406$910,693$905,363
James Perrino—$299,092$447,968$473,154$434,761—
Christopher Storm$455,584$433,047$397,138$297,023$182,657—
Steven Everett———$333,491$416,679$420,564
James Perrrino—————$418,838
Thomas Kline$378,727$341,344$333,310$75,385——
Michael Rhattigan$364,920$286,368————
Ronald S Bakari$357,171$320,975$269,052$263,192$281,610$15,962

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides private higher education through small classes, hands-on learning, innovative academic programs, and inclusive residential housing to support student and career success.

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Provided by the organization

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2 programs · $281.9M · in their own filed words · FY2020
01

Instruction and related academic support, student services and public support benefiting the community - the university provides a personalized education for all its undergraduate and graduate students.

$281.9Mprogram expense
02

Residential Housing and Auxiliary Enterprises

The university offers student housing in seven residence halls on its main campus in garden city, new york. There are numerous special living options within these halls, including those for students who identify as transgender or who don't wish to be identified by gender; first-year students selected for living-learning communities; and…

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 2 funders$120K
Grants paid · 3 grants · $270.2M · 2019–2021
Unitemized GrantFY2021$99,697,718
Unitemized GrantFY2020$88,069,970
Unitemized GrantFY2019$82,472,088

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$319.9M
Ln 12
Fees for servicesLn 2g$285.7M
Gifts and grantsLn 1h$27.9M
Investment incomeLn 3$6.0M
Money outPt IX
$315.9M
Ln 25
Programscol B$281.9M
Managementcol C$32.5M
Fundraisingcol D$1.5M
Owns and owesPt X
$381.1M
net assets · Ln 32
Cash and savingsLn 1–2$40.9M
Total assetsLn 16$595.6M
LiabilitiesLn 26$214.5M
PeoplePt VI, VII
48
listed · VII A
PaidVII A22
Voting boardVI 1a23
IndependentVI 1b22
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$27.9M
Government grantsLn 1e$24.5M
Noncash giftsLn 1g$11K
Fundraising eventsLn 1c$56K
Fees for servicesLn 2g$285.7M
Investment incomeLn 3$6.0M
Other incomeLn 4–11$250K
Gains on assetsLn 7$3.0M
Total revenueLn 12$319.9M
Assets in detailPt X, end of year
CashLn 1$2K
SavingsLn 2$40.9M
Cash and savings togetherLn 1–2$40.9M
InvestmentsLn 11–13$246.3M
Land, buildings, equipmentLn 10c$277.7M
Other assetsLn 15$17.2M
Total assetsLn 16$595.6M
LiabilitiesLn 26$214.5M
Net assetsLn 32$381.1M
OperationsPt I, VI
EmployeesI 55,310
VolunteersI 680
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$27.6M$40.9M
InvestmentsLn 11–13$218.4M$246.3M
Land, buildings, equipmentLn 10c$279.3M$277.7M
Total assetsLn 16$548.4M$595.6M
LiabilitiesLn 26$205.6M$214.5M
Net assetsLn 32$342.7M$381.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$88.1M$88.1M
Pay of current officers, directors and key staffLn 5$3.3M$575K$2.7M
Other salaries and wagesLn 7$114.3M$103.4M$10.2M$699K
Pension plan contributionsLn 8$8.0M$7.1M$875K$57K
Other employee benefitsLn 9$16.7M$12.6M$3.9M$280K
Payroll taxesLn 10$8.5M$7.6M$936K$51K
Legal feesLn 11b$633K$10K$623K
Accounting feesLn 11c$491K$491K
Lobbying feesLn 11d$96K$96K
Professional fundraising feesLn 11e$81K$81K
Investment management feesLn 11f$1.4M$1.4M
Other fees for servicesLn 11g$8.4M$5.3M$3.0M$83K
Advertising and promotionLn 12$2.7M$183K$2.5M
Office expensesLn 13$8.3M$8.2M$103K
Information technologyLn 14$2.4M$1.0M$1.2M$112K
OccupancyLn 16$12.4M$12.1M$275K$16K
TravelLn 17$174K$141K$32K$17
Conferences, conventions and meetingsLn 19$364K$229K$132K$2K
InterestLn 20$5.6M$5.2M$430K
Depreciation, depletion and amortizationLn 22$8.1M$7.4M$615K$32K
InsuranceLn 23$1.7M$1.6M$88K$5K
Other expenses (24a–d)Ln 24$9.5M$6.4M$3.1M$8K
All other expensesLn 24e$14.8M$14.8M$14K
Total functional expensesLn 25$315.9M$281.9M$32.5M$1.5M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $368.7M$366.4M$2.3M$399.6M 990 PDF
FY2024 $344.3M$349.4M−$5.1M$384.0M 990 PDF
FY2023 $317.6M$331.6M−$14.0M$360.4M 990 PDF
FY2022 $329.9M$322.4M$7.5M$362.0M 990 PDF
FY2021 Viewing $319.9M$315.9M$4.0M$381.1M 990 PDF
FY2020 $331.8M$314.5M$17.3M$342.7M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $319,875,949 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $19,327,398$27,891,795
I-9 Program service revenuePrior year $291,556,237$285,722,539
I-10 Investment incomePrior year $20,765,957$6,011,284
I-11 Other revenuePrior year $189,287$250,331
I-12 Total revenuePrior year $331,838,879$319,875,949
I-13 Grants and similar amounts paidPrior year $82,650,603$88,069,970
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $166,536,998$150,825,886
I-16a Professional fundraising feesPrior year $46,710$81,497
I-17 Other expensesPrior year $65,277,791$76,941,565
I-18 Total expensesPrior year $314,512,102$315,918,918
I-19 Revenue less expensesPrior year $17,326,777$3,957,031
Part VI · Governance 22 of 23 board members independent, no flags
VI-1a Voting members of the governing body23
VI-1b Independent voting members22
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $319,875,949 across 13 lines filed
VIII-1c Fundraising events$56,090
VIII-1e Government grants$24,529,199
VIII-1f All other contributions, gifts and grants$3,306,506
VIII-1g Noncash contributions (included above)$11,134
VIII-1h Total contributions, gifts and grants$27,891,795
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $285,722,539$285,722,539
VIII-3 Investment incomeUnrelated business −$78,777 · Excluded from tax $3,047,799$2,969,022
VIII-5 RoyaltiesExcluded from tax $39,744$39,744
VIII-6 Net rental income or lossExcluded from tax $128,796$128,796
VIII-7 Net gain or loss on sales of assetsExcluded from tax $3,042,262$3,042,262
VIII-8 Net income from fundraising eventsExcluded from tax $79,791$79,791
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $2,000$2,000
VIII-12 Total revenueRelated to mission $285,722,539 · Unrelated business −$78,777 · Excluded from tax $6,340,392$319,875,949
Part IX · Statement of functional expenses $315,918,918 across 23 lines filed
IX-2 Grants to domestic individualsPrograms $88,069,970$88,069,970
IX-5 Pay of current officers, directors and key staffPrograms $574,660 · Management $2,729,720$3,304,380
IX-7 Other salaries and wagesPrograms $103,423,173 · Management $10,152,823 · Fundraising $698,558$114,274,554
IX-8 Pension plan contributionsPrograms $7,055,655 · Management $875,157 · Fundraising $56,740$7,987,552
IX-9 Other employee benefitsPrograms $12,568,054 · Management $3,864,763 · Fundraising $280,016$16,712,833
IX-10 Payroll taxesPrograms $7,559,385 · Management $936,405 · Fundraising $50,777$8,546,567
IX-11b Legal feesPrograms $10,101 · Management $622,596$632,697
IX-11c Accounting feesManagement $491,046$491,046
IX-11d Lobbying feesManagement $96,200$96,200
IX-11e Professional fundraising feesFundraising $81,497$81,497
IX-11f Investment management feesManagement $1,380,343$1,380,343
IX-11g Other fees for servicesPrograms $5,280,897 · Management $2,995,455 · Fundraising $82,869$8,359,221
IX-12 Advertising and promotionPrograms $182,990 · Management $2,495,545$2,678,535
IX-13 Office expensesPrograms $8,190,048 · Fundraising $102,549$8,292,597
IX-14 Information technologyPrograms $1,024,524 · Management $1,220,996 · Fundraising $111,928$2,357,448
IX-16 OccupancyPrograms $12,107,412 · Management $275,243 · Fundraising $16,105$12,398,760
IX-17 TravelPrograms $141,162 · Management $32,396 · Fundraising $17$173,575
IX-19 Conferences, conventions and meetingsPrograms $228,812 · Management $132,281 · Fundraising $2,496$363,589
IX-20 InterestPrograms $5,192,820 · Management $430,081$5,622,901
IX-22 Depreciation, depletion and amortizationPrograms $7,409,073 · Management $614,721 · Fundraising $32,354$8,056,148
IX-23 InsurancePrograms $1,610,075 · Management $87,564 · Fundraising $4,596$1,702,235
IX-24 Other expenses (24a–d)Programs $6,440,329 · Management $3,089,503 · Fundraising $8,241$9,538,073
IX-24e All other expensesPrograms $14,784,075 · Fundraising $14,122$14,798,197
IX-25 Total functional expensesPrograms $281,853,215 · Management $32,522,838 · Fundraising $1,542,865$315,918,918
Part X · Balance sheet $595,552,292 assets, 21 lines filed
X-1 Cash, non-interest-bearingStart of year $1,750$1,750
X-2 Savings and temporary cash investmentsStart of year $27,584,213$40,919,435
X-3 Pledges and grants receivableStart of year $5,567,696$4,599,224
X-4 Accounts receivableStart of year $4,593,623$2,370,395
X-9 Prepaid expenses and deferred chargesStart of year $7,010,507$6,574,765
X-10c Land, buildings and equipment, netStart of year $279,294,467$277,655,505
X-11 Publicly traded securitiesStart of year $184,636,399$224,678,113
X-12 Other securitiesStart of year $27,737,867$16,017,980
X-13 Program-related investmentsStart of year $6,012,179$5,562,430
X-15 Other assetsStart of year $5,924,143$17,172,695
X-16 Total assetsStart of year $548,362,844$595,552,292
X-17 Accounts payable and accrued expensesStart of year $30,624,579$22,349,568
X-18 Grants payableStart of year $5,859,242$5,980,739
X-19 Deferred revenueStart of year $40,419,249$45,362,249
X-20 Tax-exempt bond liabilitiesStart of year $117,881,094$113,555,212
X-25 Other liabilitiesStart of year $10,861,070$27,206,109
X-26 Total liabilitiesStart of year $205,645,234$214,453,877
X-27 Net assets without donor restrictionsStart of year $270,849,066$300,460,505
X-28 Net assets with donor restrictionsStart of year $71,868,544$80,637,910
X-32 Total net assets or fund balancesStart of year $342,717,610$381,098,415
X-33 Total liabilities and net assetsStart of year $548,362,844$595,552,292
Part XI · Reconciliation of net assets $381,098,415 net assets at year end
XI-1 Total revenue$319,875,949
XI-2 Total expenses$315,918,918
XI-3 Revenue less expenses$3,957,031
XI-4 Net assets at start of year$342,717,610
XI-5 Net unrealized gains (losses) on investments$34,009,333
XI-9 Other changes in net assets$414,441
XI-10 Net assets at end of year$381,098,415

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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