Faculty Student Association Of The Tompkins Cortland Community Colleg

Faculty Student Association maintains consistent operations and growing assets with no reported officer compensation.

EIN: 161038234 · Dryden, NY · NTEE: B41I · Updated: 2026-03-28

$3.3MRevenue

$1.5MAssets

90/100Mission Score (Excellent)

B41I

About Faculty Student Association Of The Tompkins Cortland Community Colleg

Faculty Student Association Of The Tompkins Cortland Community Colleg (EIN: 161038234) is a nonprofit organization based in Dryden, NY, classified under NTEE code B41I. The organization reported total revenue of $3.3M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Faculty Student Association Of The Tompkins Cortland Community Colleg's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Faculty Student Association Of The Tompkins Cortland Community College demonstrates consistent financial activity, with revenues and expenses generally in the range of $2.8 million to $3.5 million over the past decade. The organization has maintained positive net assets, growing from $740,406 in 2015 to $1,289,753 in 2023, indicating sound financial management and accumulation of resources. Their liabilities have fluctuated but remained manageable relative to assets, with the latest filing showing $230,000 in liabilities against $1,289,753 in assets.

Spending efficiency appears reasonable, with expenses closely tracking revenues. For instance, in 2023, expenses were $3,168,159 against revenues of $3,588,642, resulting in a surplus. This consistent operational balance suggests effective resource allocation. The absence of reported officer compensation across all filings indicates a strong commitment to directing funds towards the organization's mission rather than executive salaries, which is a positive indicator of financial stewardship.

Transparency is high given the consistent filing of IRS Form 990s over 13 periods, providing a clear historical financial record. The lack of officer compensation also simplifies the analysis of how funds are being utilized. While specific program, administrative, and fundraising breakdowns are not explicitly detailed in the provided summary, the overall financial health and consistent operational surpluses in recent years suggest a well-managed entity.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Faculty Student Association Of The Tompkins Cortland Community Colleg with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 8%
programs: 90%
fundraising: 2%

According to IRS 990 filings, Faculty Student Association Of The Tompkins Cortland Community Colleg allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation from the organization. This is a significant positive, suggesting all funds are directed towards operational and programmatic activities.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Faculty Student Association Of The Tompkins Cortland Community Colleg:

Consistent positive net assets, growing from $740,406 in 2015 to $1,289,753 in 2023.
No reported officer compensation across all 13 filings, indicating efficient use of funds.
Stable revenue generation, consistently between $2.8M and $3.5M annually.
Regular IRS 990 filings over 13 periods demonstrate strong transparency.
Operational surpluses in recent years (e.g., $420,483 in 2023) contribute to financial health.

Frequently Asked Questions about Faculty Student Association Of The Tompkins Cortland Community Colleg

Is the Faculty Student Association Of The Tompkins Cortland Community College financially stable?

Yes, the organization appears financially stable, consistently generating revenues between $2.8M and $3.5M and maintaining positive net assets, which grew from $740,406 in 2015 to $1,289,753 in 2023.

How has the organization's asset base changed over time?

The organization's assets have shown a positive trend, increasing from $740,406 in 2015 to $1,289,753 in 2023, indicating growth in its financial resources.

Does the organization pay its officers?

No, the IRS 990 filings consistently report 0% for officer compensation across all 13 periods, indicating no salaries are paid to officers.

Filing History

IRS 990 filing history for Faculty Student Association Of The Tompkins Cortland Community Colleg showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Faculty Student Association Of The Tompkins Cortland Community Colleg's revenue has grown by 24.5%, moving from $2.9M to $3.6M. Total assets increased by 31.5% over the same period, from $981K to $1.3M. Total functional expenses rose by 12.4%, from $2.8M to $3.2M. In its most recent filing year (2023), Faculty Student Association Of The Tompkins Cortland Community Colleg reported a surplus of $420K, with revenue exceeding expenses. The organization holds $230K in liabilities against $1.3M in assets (debt-to-asset ratio: 17.8%), resulting in net assets of $1.1M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$3.6M	$3.2M	$1.3M	$230K	—	View 990
2022	$3.1M	$3.0M	$1.3M	$675K	—	View 990
2021	$2.9M	$2.7M	$1.4M	$859K	—	View 990
2020	$2.8M	$3.0M	$1.2M	$766K	—	View 990
2019	$3.1M	$3.0M	$975K	$364K	—	View 990
2018	$3.2M	$3.3M	$835K	$339K	—	View 990
2017	$3.3M	$3.2M	$861K	$283K	—	View 990
2016	$3.3M	$3.2M	$814K	$284K	—	View 990
2015	$3.2M	$3.2M	$740K	$266K	—	View 990
2014	$3.1M	$3.2M	$774K	$251K	—	View 990
2013	$3.1M	$3.1M	$804K	$171K	—	View 990
2012	$2.9M	$3.0M	$872K	$194K	—	View 990
2011	$2.9M	$2.8M	$981K	$196K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $3.6M, expenses of $3.2M, and assets of $1.3M (revenue +16.1% year-over-year).
2022: Revenue of $3.1M, expenses of $3.0M, and assets of $1.3M (revenue +8.0% year-over-year).
2021: Revenue of $2.9M, expenses of $2.7M, and assets of $1.4M (revenue +2.0% year-over-year).
2020: Revenue of $2.8M, expenses of $3.0M, and assets of $1.2M (revenue -9.1% year-over-year).
2019: Revenue of $3.1M, expenses of $3.0M, and assets of $975K (revenue -4.3% year-over-year).
2018: Revenue of $3.2M, expenses of $3.3M, and assets of $835K (revenue -1.2% year-over-year).
2017: Revenue of $3.3M, expenses of $3.2M, and assets of $861K (revenue -0.2% year-over-year).
2016: Revenue of $3.3M, expenses of $3.2M, and assets of $814K (revenue +3.3% year-over-year).
2015: Revenue of $3.2M, expenses of $3.2M, and assets of $740K (revenue +1.2% year-over-year).
2014: Revenue of $3.1M, expenses of $3.2M, and assets of $774K (revenue +1.2% year-over-year).
2013: Revenue of $3.1M, expenses of $3.1M, and assets of $804K (revenue +6.4% year-over-year).
2012: Revenue of $2.9M, expenses of $3.0M, and assets of $872K (revenue +0.8% year-over-year).
2011: Revenue of $2.9M, expenses of $2.8M, and assets of $981K.

Data Sources and Methodology

This transparency report for Faculty Student Association Of The Tompkins Cortland Community Colleg is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

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