Faculty Students Association Of State University Of New York
Faculty Students Association of SUNY shows consistent revenue growth and strong asset base with no reported officer compensation.
EIN: 166018833 · Buffalo, NY · NTEE: B43I · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $54.4M |
| Total Expenses | $45.3M |
| Program Spending | 90% |
| Net Assets | $42.0M |
| Transparency Score | 92/100 |
Is Faculty Students Association Of State University Of New York Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Faculty Students Association Of State University Of New York directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Faculty Students Association Of State University Of New York
Faculty Students Association Of State University Of New York (EIN: 166018833) is a nonprofit organization based in Buffalo, NY, classified under NTEE code B43I. The organization reported total revenue of $54.4M and total assets of $61.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Faculty Students Association Of State University Of New York's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Faculty Students Association Of State University Of New York is a major nonprofit that has been operating for 60 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 4.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $50.1M |
| Total Expenses | $45.3M |
| Surplus / Deficit | +$4.8M |
| Total Assets | $61.2M |
| Total Liabilities | $19.2M |
| Net Assets | $42.0M |
| Operating Margin | 9.6% |
| Debt-to-Asset Ratio | 31.4% |
| Months of Reserves | 16.2 months |
Financial Health Grade: A
In 2024, Faculty Students Association Of State University Of New York reported a surplus of $4.8M with revenue exceeding expenses, holds 16.2 months of operating reserves (strong position), has a debt-to-asset ratio of 31.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2012–2024), Faculty Students Association Of State University Of New York's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +16.8% | +9.0% | +10.3% |
| 2023 | +13.7% | +17.3% | +27.0% |
| 2022 | +56.8% | +90.2% | +5.3% |
| 2021 | -36.6% | -66.8% | +6.6% |
| 2020 | -19.8% | +37.4% | -25.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1966 |
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 Students Association Of State University Of New York with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Faculty Students Association Of State University Of New York allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 31.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is a strong positive for directing funds to its mission.
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 Students Association Of State University Of New York:
- Consistent revenue growth, increasing from $37.89M in 2015 to $50.13M in 2024.
- Strong asset base ($61.21M in 2024) significantly exceeding liabilities ($19.23M in 2024), indicating financial solvency.
- Zero reported officer compensation across all filings, demonstrating a commitment to mission-focused spending.
- Consistent operational surpluses, allowing for asset accumulation and financial stability.
- Healthy financial reserves, with assets consistently growing over the past decade.
Frequently Asked Questions about Faculty Students Association Of State University Of New York
Is Faculty Students Association Of State University Of New York a legitimate charity?
Based on AI analysis of IRS 990 filings, Faculty Students Association Of State University Of New York (EIN: 166018833) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Faculty Students Association Of State University Of New York spend its money?
Faculty Students Association Of State University Of New York directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Faculty Students Association Of State University Of New York tax-deductible?
Faculty Students Association Of State University Of New York is registered as a tax-exempt nonprofit (EIN: 166018833). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Faculty Students Association Of State University Of New York's spending goes to programs?
Faculty Students Association Of State University Of New York directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Faculty Students Association Of State University Of New York compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Faculty Students Association Of State University Of New York is above average for NTEE category B43I nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Faculty Students Association Of State University Of New York located?
Faculty Students Association Of State University Of New York is headquartered in Buffalo, New York and files with the IRS under EIN 166018833. It is classified under NTEE code B43I.
How many years of IRS 990 filings does Faculty Students Association Of State University Of New York have?
Faculty Students Association Of State University Of New York has 13 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 $54.4M in total revenue.
Is Faculty Students Association Of State University Of New York financially stable?
Yes, the organization is financially stable, as evidenced by its consistent revenue growth from $37.89M in 2015 to $50.13M in 2024, and a healthy asset base of $61.21M in 2024, significantly exceeding its liabilities of $19.23M.
How efficiently does the organization spend its money?
The organization appears to spend efficiently, consistently generating surpluses (e.g., $50.13M revenue vs. $45.30M expenses in 2024) and accumulating assets. The absence of officer compensation further suggests a high degree of efficiency in resource allocation.
What is the trend in the organization's revenue?
The organization has shown a strong upward trend in revenue, increasing from $37,892,117 in 2015 to $50,134,800 in 2024, indicating robust financial growth.
Filing History
IRS 990 filing history for Faculty Students Association Of State University Of New York showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Faculty Students Association Of State University Of New York's revenue has grown by 63.1%, moving from $30.7M to $50.1M. Total assets increased by 307.5% over the same period, from $15.0M to $61.2M. Total functional expenses rose by 54.9%, from $29.2M to $45.3M. In its most recent filing year (2024), Faculty Students Association Of State University Of New York reported a surplus of $4.8M, with revenue exceeding expenses. The organization holds $19.2M in liabilities against $61.2M in assets (debt-to-asset ratio: 31.4%), resulting in net assets of $42.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $50.1M | $45.3M | $61.2M | $19.2M | — | — |
| 2023 | $42.9M | $41.6M | $55.5M | $19.1M | — | View 990 |
| 2022 | $37.7M | $35.4M | $43.7M | $8.7M | — | View 990 |
| 2021 | $24.1M | $18.6M | $41.5M | $8.2M | — | View 990 |
| 2020 | $38.0M | $56.2M | $38.9M | $14.2M | — | View 990 |
| 2019 | $47.3M | $40.9M | $52.4M | $9.6M | — | View 990 |
| 2018 | $45.1M | $39.2M | $51.1M | $14.4M | — | — |
| 2017 | $43.9M | $37.0M | $41.8M | $11.3M | — | View 990 |
| 2016 | $40.6M | $35.8M | $39.7M | $16.4M | — | View 990 |
| 2015 | $37.9M | $34.4M | $35.5M | $16.8M | — | View 990 |
| 2014 | $36.9M | $33.4M | $31.8M | $16.8M | — | View 990 |
| 2013 | $33.6M | $31.5M | $27.4M | $16.0M | — | View 990 |
| 2012 | $30.7M | $29.2M | $15.0M | $6.2M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $50.1M, expenses of $45.3M, and assets of $61.2M (revenue +16.8% year-over-year).
- 2023: Revenue of $42.9M, expenses of $41.6M, and assets of $55.5M (revenue +13.7% year-over-year).
- 2022: Revenue of $37.7M, expenses of $35.4M, and assets of $43.7M (revenue +56.8% year-over-year).
- 2021: Revenue of $24.1M, expenses of $18.6M, and assets of $41.5M (revenue -36.6% year-over-year).
- 2020: Revenue of $38.0M, expenses of $56.2M, and assets of $38.9M (revenue -19.8% year-over-year).
- 2019: Revenue of $47.3M, expenses of $40.9M, and assets of $52.4M (revenue +5.1% year-over-year).
- 2018: Revenue of $45.1M, expenses of $39.2M, and assets of $51.1M (revenue +2.7% year-over-year).
- 2017: Revenue of $43.9M, expenses of $37.0M, and assets of $41.8M (revenue +7.9% year-over-year).
- 2016: Revenue of $40.6M, expenses of $35.8M, and assets of $39.7M (revenue +7.3% year-over-year).
- 2015: Revenue of $37.9M, expenses of $34.4M, and assets of $35.5M (revenue +2.8% year-over-year).
- 2014: Revenue of $36.9M, expenses of $33.4M, and assets of $31.8M (revenue +9.6% year-over-year).
- 2013: Revenue of $33.6M, expenses of $31.5M, and assets of $27.4M (revenue +9.4% year-over-year).
- 2012: Revenue of $30.7M, expenses of $29.2M, and assets of $15.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Faculty Students Association Of State University Of New York:
Data Sources and Methodology
This transparency report for Faculty Students Association Of State University Of New York 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.