AI Transparency Report
The Foundation Of The State University Of New York At Binghamton Inc demonstrates a fluctuating but generally strong financial position, with assets consistently growing over the past decade, reaching $468,776,672 in the latest filing. Revenue has shown significant variability, with a notable peak of $309,395,877 in 2022, followed by a decrease to $82,839,756 in 2024. This volatility is common for university foundations, often reflecting large one-time donations or investment gains. The organization consistently reports 0% officer compensation, which is a positive indicator for transparency and efficient use of funds, as it suggests that executive salaries are not a significant drain on resources or are covered by the university directly. However, the latest filing shows expenses exceeding revenue ($111,780,813 vs. $82,839,756), indicating a deficit for that period, which warrants monitoring.