Is Stony Brook Pathologists University Faculty Practice Corporation Legit?

Stony Brook Pathologists University Faculty Practice Corporation demonstrates consistent financial activity, with revenues generally exceeding or closely matching expenses over the past decade. In the latest filing (202306), the organization reported revenues of $10,368,754 against expenses of $10,635,105, indicating a slight operational deficit for that period. However, this is not a consistent trend, as seen in 202206 where revenues of $10,379,123 surpassed expenses of $9,804,335. The organization's assets and liabilities have shown fluctuations but generally remain balanced, with liabilities often matching assets, suggesting a reliance on current funding for operations rather than significant accumulated reserves. A notable aspect is the consistent reporting of 0% officer compensation across all available filings, which is a strong indicator of financial transparency and a commitment to directing funds towards its primary activities. While specific program spending details are not provided in the summary data, the absence of officer compensation suggests a lean administrative structure at the top.