Is Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al Legit?
Quick charity verification for Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al (EIN: 156025404)
Verdict: Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al appears trustworthy
70/100Mission Score
$3.6MRevenue
$3.4MAssets
3Red Flags
3Strengths
Red Flags
Significant volatility in assets and liabilities over the past decade, including a sharp decline from $24 million to $1.6 million.
Large operating deficit in 202105 ($1.4 million) where expenses significantly outstripped revenue.
Consistent reporting of 0% officer compensation, which is unusual for an organization of this size and revenue, potentially obscuring executive pay details.
Strengths
Strong revenue growth in the latest filing (202305) to $5,144,476, resulting in a substantial surplus.
Consistent filing of IRS Form 990s, indicating adherence to reporting requirements.
Positive net assets of $3,399,799 in the latest period (202305), showing financial solvency.
Spending Breakdown
How Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al
Is Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al a legitimate charity?
Based on AI analysis of IRS 990 filings, Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al (EIN: 156025404) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
Is Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al a good charity to donate to?
Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al has a Mission Score of 70/100. Revenue: $3.6M. Assets: $3.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al?
The Employer Identification Number (EIN) for Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al is 156025404. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al spend its money?
Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al's tax-exempt status?
You can verify Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al's tax-exempt status using EIN 156025404 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al demonstrates fluctuating financial health over the past decade. While the organization reported a significant surplus in its latest filing (202305) with revenues of $5,144,476 against expenses of $2,951,709, it experienced a deficit in 202105, with expenses exceeding revenue by over $1.4 million. The organization's assets have also shown considerable volatility, peaking at over $24 million in 201405 and then declining sharply before recovering to $5,618,795 in 202305. This suggests a need for closer examination of the underlying causes of these swings.
Spending efficiency is difficult to fully assess without a detailed functional expense breakdown (program, administrative, fundraising) which is not provided in the summary data. However, the consistent reporting of 0% officer compensation across all available filings indicates a potential strength in minimizing executive overhead, or that compensation is reported under other expense categories. The organization's financial reporting appears consistent, with regular annual filings.
Transparency is generally good given the consistent filing of IRS Form 990s. However, the lack of specific NTEE code and detailed expense allocation in the provided data limits a deeper analysis of how effectively funds are being used towards its mission. The significant changes in assets and liabilities over time warrant further investigation to understand the organization's long-term financial strategy and stability.