Faculty Student Association State University College At Fredonia Inc

Faculty Student Association at Fredonia maintains stable finances with consistent asset growth and no reported officer compensation.

EIN: 160728535 · Fredonia, NY · NTEE: B80Z · Updated: 2026-03-28

$20.2MRevenue

$21.8MAssets

85/100Mission Score (Excellent)

B80Z

About Faculty Student Association State University College At Fredonia Inc

Faculty Student Association State University College At Fredonia Inc (EIN: 160728535) is a nonprofit organization based in Fredonia, NY, classified under NTEE code B80Z. The organization reported total revenue of $20.2M and total assets of $21.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Faculty Student Association State University College At Fredonia Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Faculty Student Association State University College At Fredonia Inc. demonstrates consistent financial operations, with revenues generally exceeding or closely matching expenses over the past decade. For instance, in the 202405 period, the organization reported revenues of $12,054,392 against expenses of $11,887,876, indicating a slight surplus. While the organization's assets have steadily grown, reaching $20,927,701 in 202405, its liabilities have also fluctuated, standing at $4,658,797 in the same period. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, as it implies either no compensation or that compensation is not reported under this specific category, which would warrant further investigation for complete clarity.

The organization's financial health appears stable, with a strong asset base relative to its liabilities. The NTEE code B80Z (College or University Related Organizations) suggests its primary activities are in support of educational institutions, which typically involve a mix of program services, administrative functions, and potentially some fundraising, though the latter might be less prominent for a direct support organization. The absence of reported officer compensation is a notable point for transparency, indicating either a volunteer leadership structure or that compensation is categorized differently, which would be important for a full understanding of its operational costs.

Overall, the organization exhibits sound financial management with a healthy balance sheet. The consistent filing of IRS Form 990s over 14 periods further underscores its commitment to transparency. The primary area for deeper analysis would be the detailed breakdown of expenses to fully understand the allocation between program services, administrative overhead, and any fundraising efforts, as this data is not explicitly provided in the summary.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Faculty Student Association State University College At Fredonia Inc with a Mission Score of 85 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: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Faculty Student Association State University College At Fredonia Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, suggesting either a volunteer leadership structure or that executive compensation is categorized under other expense lines, which would require further detail to fully assess relative to the organization's multi-million dollar revenue and asset base.

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.

Red Flags

The following concerns were identified during AI analysis of Faculty Student Association State University College At Fredonia Inc's IRS 990 filings:

Lack of detailed expense breakdown (program vs. admin vs. fundraising) in summary data
Fluctuating liabilities without clear context for changes

Strengths

The following positive indicators were identified for Faculty Student Association State University College At Fredonia Inc:

Consistent financial reporting over 14 periods
Healthy asset base relative to liabilities (e.g., $20.9M assets vs. $4.6M liabilities in 202405)
Revenues generally cover expenses, indicating operational stability
No reported officer compensation, suggesting potential for low overhead in this area or volunteer leadership

Frequently Asked Questions about Faculty Student Association State University College At Fredonia Inc

What is the detailed breakdown of program service expenses versus administrative and fundraising costs?

The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. This information would typically be found in Part IX of the IRS Form 990.

How does the organization manage its liabilities, which have fluctuated between $3.7 million and $5.4 million?

The organization's liabilities have varied, for example, from $5,437,126 in 202105 to $3,805,521 in 202305. While the specific management strategies are not detailed in the summary, the overall asset base of over $20 million suggests these liabilities are manageable.

Given the 0% officer compensation, are key executives compensated through other means or are they volunteers?

The consistent reporting of 0% officer compensation indicates either a volunteer leadership or that compensation for key executives is reported under different expense categories, such as salaries and wages for employees, rather than specifically as 'officer compensation'.

Filing History

IRS 990 filing history for Faculty Student Association State University College At Fredonia Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2024), Faculty Student Association State University College At Fredonia Inc's revenue has grown by 14.9%, moving from $10.5M to $12.1M. Total assets increased by 9.5% over the same period, from $19.1M to $20.9M. Total functional expenses rose by 12.4%, from $10.6M to $11.9M. In its most recent filing year (2024), Faculty Student Association State University College At Fredonia Inc reported a surplus of $167K, with revenue exceeding expenses. The organization holds $4.7M in liabilities against $20.9M in assets (debt-to-asset ratio: 22.3%), resulting in net assets of $16.3M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$12.1M	$11.9M	$20.9M	$4.7M	—	—
2023	$12.3M	$12.9M	$19.9M	$3.8M	—	—
2022	$15.0M	$12.6M	$20.4M	$3.8M	—	View 990
2021	$13.0M	$12.3M	$19.9M	$5.4M	—	—
2020	$13.4M	$14.6M	$19.2M	$5.2M	—	View 990
2019	$16.5M	$15.5M	$18.9M	$4.1M	—	View 990
2018	$16.1M	$15.7M	$18.3M	$4.6M	—	View 990
2017	$15.9M	$15.7M	$17.6M	$4.2M	—	View 990
2016	$16.8M	$16.5M	$17.1M	$3.9M	—	View 990
2015	$18.1M	$18.3M	$16.6M	$3.7M	—	View 990
2014	$11.8M	$11.1M	$18.7M	$5.7M	—	View 990
2013	$10.9M	$11.4M	$17.9M	$5.5M	—	View 990
2012	$11.1M	$11.2M	$18.9M	$6.1M	—	View 990
2011	$10.5M	$10.6M	$19.1M	$6.3M	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $12.1M, expenses of $11.9M, and assets of $20.9M (revenue -2.2% year-over-year).
2023: Revenue of $12.3M, expenses of $12.9M, and assets of $19.9M (revenue -17.6% year-over-year).
2022: Revenue of $15.0M, expenses of $12.6M, and assets of $20.4M (revenue +15.5% year-over-year).
2021: Revenue of $13.0M, expenses of $12.3M, and assets of $19.9M (revenue -3.4% year-over-year).
2020: Revenue of $13.4M, expenses of $14.6M, and assets of $19.2M (revenue -18.5% year-over-year).
2019: Revenue of $16.5M, expenses of $15.5M, and assets of $18.9M (revenue +1.9% year-over-year).
2018: Revenue of $16.1M, expenses of $15.7M, and assets of $18.3M (revenue +1.9% year-over-year).
2017: Revenue of $15.9M, expenses of $15.7M, and assets of $17.6M (revenue -5.8% year-over-year).
2016: Revenue of $16.8M, expenses of $16.5M, and assets of $17.1M (revenue -7.3% year-over-year).
2015: Revenue of $18.1M, expenses of $18.3M, and assets of $16.6M (revenue +53.5% year-over-year).
2014: Revenue of $11.8M, expenses of $11.1M, and assets of $18.7M (revenue +8.2% year-over-year).
2013: Revenue of $10.9M, expenses of $11.4M, and assets of $17.9M (revenue -1.6% year-over-year).
2012: Revenue of $11.1M, expenses of $11.2M, and assets of $18.9M (revenue +5.8% year-over-year).
2011: Revenue of $10.5M, expenses of $10.6M, and assets of $19.1M.

Data Sources and Methodology

This transparency report for Faculty Student Association State University College At Fredonia Inc 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.