Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al
Faculty Student Association shows volatile financial performance with recent revenue surge and zero reported officer compensation.
EIN: 156025404 · Syracuse, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.6M |
| Total Expenses | $3.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $3.4M |
| Transparency Score | 70/100 |
Is Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al
Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al (EIN: 156025404) is a nonprofit organization based in Syracuse, NY. The organization reported total revenue of $3.6M and total assets of $3.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al is a mid-size nonprofit that has been operating for 67 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 20.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.1M |
| Total Expenses | $3.0M |
| Surplus / Deficit | +$2.2M |
| Total Assets | $5.6M |
| Total Liabilities | $2.2M |
| Net Assets | $3.4M |
| Operating Margin | 42.6% |
| Debt-to-Asset Ratio | 38.7% |
| Months of Reserves | 22.8 months |
Financial Health Grade: A
In 2023, Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al reported a surplus of $2.2M with revenue exceeding expenses, holds 22.8 months of operating reserves (strong position), has a debt-to-asset ratio of 38.7% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al's revenue has grown at a compound annual growth rate (CAGR) of 20.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +123.1% | +33.1% | +210.4% |
| 2022 | +13.6% | -36.2% | +11.4% |
| 2021 | +13.6% | +111.3% | -49.1% |
| 2020 | +4.3% | +3.8% | +6.5% |
| 2019 | -1.4% | -3.3% | +1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1959 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al with a Mission Score of 70 out of 100 (Good). 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 Assocn Of State Univ Of Ny At Syracuse Et Al 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 38.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an entity with revenues exceeding $5 million. This could indicate that executive compensation is either very low, non-existent, or reported under other expense categories, warranting further investigation into the detailed 990 forms.
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 Assocn Of State Univ Of Ny At Syracuse Et Al's IRS 990 filings:
- Significant volatility in assets and liabilities over the past decade, including a sharp decline from $24 million to $1.6 million.
- Large operating deficit in 202105 ($1.4 million) where expenses significantly outstripped revenue.
- Consistent reporting of 0% officer compensation, which is unusual for an organization of this size and revenue, potentially obscuring executive pay details.
Strengths
The following positive indicators were identified for Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al:
- Strong revenue growth in the latest filing (202305) to $5,144,476, resulting in a substantial surplus.
- Consistent filing of IRS Form 990s, indicating adherence to reporting requirements.
- Positive net assets of $3,399,799 in the latest period (202305), showing financial solvency.
Frequently Asked Questions about Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al
Is Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al a legitimate charity?
Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al (EIN: 156025404) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 12 years of IRS 990 filings on record. Total revenue: $3.6M. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al spend its money?
Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al tax-deductible?
Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al is registered as a tax-exempt nonprofit (EIN: 156025404). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al CEO make?
Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al's highest-compensated officer earns $5 annually. The organization reported $3.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al's spending goes to programs?
Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al located?
Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al is headquartered in Syracuse, New York and files with the IRS under EIN 156025404.
How many years of IRS 990 filings does Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al have?
Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.6M in total revenue.
What is the specific mission of the Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al, given its NTEE code is unknown?
Without a specific NTEE code or mission statement, it's challenging to fully evaluate the alignment of financial activities with its purpose. The name suggests a supporting role for a university, likely providing services to students and faculty.
Why did the organization's assets drop from over $24 million in 201405 to $8.9 million in 201605, and then to $1.6 million in 202105, before recovering to $5.6 million in 202305?
The dramatic fluctuations in assets and liabilities suggest significant financial events, such as large capital expenditures, debt repayment, or asset divestitures. A detailed review of the full 990 forms would be necessary to understand these changes.
How does the organization manage to report 0% officer compensation despite significant revenue and expenses?
This could mean that officers are volunteers, compensated through a related entity, or their compensation is categorized differently within the expense structure. This warrants a closer look at the compensation section of the full 990 forms.
What caused the significant deficit in 202105, where expenses ($3,477,087) far exceeded revenue ($2,030,047)?
A deficit of over $1.4 million in 202105 indicates a period of financial strain or a planned strategic investment. Understanding the nature of these expenses is crucial for assessing financial stability.
Filing History
IRS 990 filing history for Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al's revenue has grown by 687.9%, moving from $653K to $5.1M. Total assets decreased by 68.2% over the same period, from $17.7M to $5.6M. Total functional expenses rose by 359.3%, from $643K to $3.0M. In its most recent filing year (2023), Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al reported a surplus of $2.2M, with revenue exceeding expenses. The organization holds $2.2M in liabilities against $5.6M in assets (debt-to-asset ratio: 38.7%), resulting in net assets of $3.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.1M | $3.0M | $5.6M | $2.2M | — | View 990 |
| 2022 | $2.3M | $2.2M | $1.8M | $558K | — | View 990 |
| 2021 | $2.0M | $3.5M | $1.6M | $460K | — | — |
| 2020 | $1.8M | $1.6M | $3.2M | $582K | — | View 990 |
| 2019 | $1.7M | $1.6M | $3.0M | $528K | — | View 990 |
| 2018 | $1.7M | $1.6M | $2.9M | $604K | — | View 990 |
| 2017 | $1.9M | $1.9M | $2.8M | $587K | — | View 990 |
| 2016 | $1.0M | $1.4M | $9.0M | $955K | — | View 990 |
| 2015 | $679K | $679K | $9.1M | $983K | — | View 990 |
| 2014 | $629K | $609K | $24.4M | $16.6M | — | View 990 |
| 2013 | $422K | $601K | $18.5M | $11.4M | — | View 990 |
| 2012 | $653K | $643K | $17.7M | $11.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.1M, expenses of $3.0M, and assets of $5.6M (revenue +123.1% year-over-year).
- 2022: Revenue of $2.3M, expenses of $2.2M, and assets of $1.8M (revenue +13.6% year-over-year).
- 2021: Revenue of $2.0M, expenses of $3.5M, and assets of $1.6M (revenue +13.6% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.6M, and assets of $3.2M (revenue +4.3% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.6M, and assets of $3.0M (revenue -1.4% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.6M, and assets of $2.9M (revenue -8.4% year-over-year).
- 2017: Revenue of $1.9M, expenses of $1.9M, and assets of $2.8M (revenue +83.9% year-over-year).
- 2016: Revenue of $1.0M, expenses of $1.4M, and assets of $9.0M (revenue +52.0% year-over-year).
- 2015: Revenue of $679K, expenses of $679K, and assets of $9.1M (revenue +8.0% year-over-year).
- 2014: Revenue of $629K, expenses of $609K, and assets of $24.4M (revenue +49.1% year-over-year).
- 2013: Revenue of $422K, expenses of $601K, and assets of $18.5M (revenue -35.4% year-over-year).
- 2012: Revenue of $653K, expenses of $643K, and assets of $17.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al:
Data Sources and Methodology
This transparency report for Faculty Student Assocn Of State Univ Of Ny At Syracuse Et Al 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.