Is Stony Brook Foundation Inc Legit?

Quick charity verification for Stony Brook Foundation Inc (EIN: 116077945)

Verdict: Stony Brook Foundation Inc appears trustworthy

75/100Mission Score
$798.6MRevenue
$1.3BAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

The Stony Brook Foundation Inc. demonstrates a generally healthy financial position, with substantial and growing assets, reaching $862,643,765 in the latest 202306 filing. The organization consistently reports positive net income in most recent periods, indicating effective management of revenues and expenses. For instance, in 202306, revenue was $79,474,546 against expenses of $64,477,606, resulting in a surplus. However, the provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories, which limits a comprehensive assessment of spending efficiency and transparency in these specific areas. The consistent reporting of 0% officer compensation across all filings suggests that executive salaries are either not reported in this section or are covered by the university, which could be a point for further clarification regarding full compensation transparency.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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