AI Transparency Report
The College Association Of The State Univ Of Ny Agri & Tech Coll At demonstrates consistent financial activity, with revenues and expenses generally in the range of $5.3 million to $7.7 million over the past decade. In the most recent filing (Period 202405), the organization reported revenues of $5,591,520 against expenses of $6,092,871, indicating a deficit for that period. This trend of expenses exceeding revenue has been observed in several recent periods, including 202305 and 202405, suggesting a need to monitor financial sustainability. Despite these operational deficits, the organization maintains a healthy asset base, with $5,547,515 in assets as of 202405, significantly exceeding its liabilities of $1,072,990, indicating good financial solvency.
The organization's spending efficiency appears to be focused on its programmatic mission, as is typical for educational support entities. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of transparency and a commitment to directing resources towards its mission rather than executive salaries. This practice enhances public trust and suggests that leadership is either volunteer-based or compensated through other means not classified as officer compensation on the 990, which would warrant further investigation for a complete picture. The organization's NTEE code B110 (College & University Related Organizations) aligns with its name and suggests a clear programmatic focus.
Overall, while the recent operational deficits warrant attention, the organization's strong asset-to-liability ratio and zero reported officer compensation reflect a financially stable and transparent entity. Its consistent filing history further contributes to its transparency, allowing for a clear view of its financial trajectory. The organization appears to be effectively managing its resources to support its educational mission, though monitoring the revenue-expense balance will be crucial for long-term sustainability.