Is Faculty Student Assoc Of State University Of Ny At Stony Brook Legit?

The Faculty Student Assoc Of State University Of Ny At Stony Brook demonstrates consistent financial activity, with revenues and expenses generally in the range of $24 million to $38 million over the past decade. The organization's assets have remained relatively stable, fluctuating between approximately $54 million and $63 million. A notable aspect of its financial health is the consistent reporting of 0% officer compensation across all available filings, which suggests a strong commitment to directing funds towards its mission rather than executive salaries. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The organization's financial stability is further supported by its asset base, which significantly exceeds its liabilities. For instance, in the latest available period (202306), assets were $56,851,293 against liabilities of $16,091,341. This healthy balance sheet indicates a strong capacity to meet its obligations. The consistent revenue generation, even with some periods showing expenses slightly exceeding revenue (e.g., 202306, 202106), suggests a well-managed operational budget for an organization of its size and purpose. The lack of reported officer compensation is a significant positive indicator of transparency and mission focus.