Is Faculty Student Assoc Of Cayuga County Community College Legit?

The Faculty Student Assoc Of Cayuga County Community College demonstrates consistent financial health, with revenues generally exceeding expenses in recent years, leading to a steady growth in assets. For instance, in the 202306 period, revenue was $2,378,520 against expenses of $2,084,187, contributing to assets of $2,242,294. The organization's liabilities remain relatively low compared to its assets, indicating a stable financial position. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive indicator of spending efficiency. While specific program spending percentages are not detailed in the provided summary, the overall financial trends suggest a well-managed organization. The growth in assets from $439,232 in 201506 to $2,242,294 in 202306, alongside generally positive net income, points to effective financial stewardship. The absence of officer compensation also enhances its transparency profile, as it clearly indicates that leadership is not drawing salaries from the organization's funds. This financial stability and lack of executive compensation are strong indicators of a healthy and mission-focused nonprofit.