AI Transparency Report
The Faculty Student Association State University College At Fredonia Inc. demonstrates consistent financial operations, with revenues generally exceeding or closely matching expenses over the past decade. For instance, in the 202405 period, the organization reported revenues of $12,054,392 against expenses of $11,887,876, indicating a slight surplus. While the organization's assets have steadily grown, reaching $20,927,701 in 202405, its liabilities have also fluctuated, standing at $4,658,797 in the same period. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, as it implies either no compensation or that compensation is not reported under this specific category, which would warrant further investigation for complete clarity.
The organization's financial health appears stable, with a strong asset base relative to its liabilities. The NTEE code B80Z (College or University Related Organizations) suggests its primary activities are in support of educational institutions, which typically involve a mix of program services, administrative functions, and potentially some fundraising, though the latter might be less prominent for a direct support organization. The absence of reported officer compensation is a notable point for transparency, indicating either a volunteer leadership structure or that compensation is categorized differently, which would be important for a full understanding of its operational costs.
Overall, the organization exhibits sound financial management with a healthy balance sheet. The consistent filing of IRS Form 990s over 14 periods further underscores its commitment to transparency. The primary area for deeper analysis would be the detailed breakdown of expenses to fully understand the allocation between program services, administrative overhead, and any fundraising efforts, as this data is not explicitly provided in the summary.