Stony Brook Foundation Inc
Stony Brook Foundation Inc. shows consistent asset growth and positive financial performance with no reported officer compensation.
EIN: 116077945 · Stony Brook, NY · NTEE: B112 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $798.6M |
| Total Expenses | $64.5M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $800 |
| Net Assets | $759.5M |
| Transparency Score | 75/100 |
Search Intent Cockpit
Stony Brook Foundation Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Stony Brook Foundation Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Stony Brook Foundation Inc in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $79.5M and expenses of $64.5M.
Revenue and Expenses
Stony Brook Foundation Inc reported $79.5M in revenue and $64.5M in expenses, a surplus of $15.0M.
Executive Compensation
Top officer compensation appears as $800 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
75/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.
Is Stony Brook Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $48.4M (75%) |
Across stored filings, Stony Brook Foundation Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 75% to programs | Excellent |
| Financial durability | Grade A | 13 stored filing years |
| Peer context | Compare with Healthy Capital District Initiative | New York and Education context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Stony Brook, NY nonprofitsEducation in New York
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Follow the Money
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Keep the Investigation Moving
Stony Brook Foundation Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Stony Brook Foundation Inc
Stony Brook Foundation Inc (EIN: 116077945) is a nonprofit organization based in Stony Brook, NY, classified under NTEE code B112. The organization reported total revenue of $798.6M and total assets of $1.3B according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stony Brook Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Stony Brook Foundation Inc is a major nonprofit that has been operating for 59 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $79.5M |
| Total Expenses | $64.5M |
| Surplus / Deficit | +$15.0M |
| Total Assets | $862.6M |
| Total Liabilities | $103.1M |
| Net Assets | $759.5M |
| Operating Margin | 18.9% |
| Debt-to-Asset Ratio | 12.0% |
| Months of Reserves | 160.5 months |
Financial Health Grade: A
In 2023, Stony Brook Foundation Inc reported a surplus of $15.0M with revenue exceeding expenses, holds 160.5 months of operating reserves (strong position), has a debt-to-asset ratio of 12.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Stony Brook Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -47.2% | +1.2% | +7.1% |
| 2022 | +16.4% | -12.0% | +9.9% |
| 2021 | +107.1% | +42.9% | +24.1% |
| 2020 | -17.9% | -13.8% | +5.7% |
| 2019 | +2.5% | +7.1% | +9.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1967 |
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 Stony Brook Foundation Inc with a Mission Score of 75 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Stony Brook Foundation Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $15.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 12.0%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is unusual for an organization of this size with assets exceeding $800 million. This suggests that executive compensation may be covered by the affiliated university or not fully disclosed in this section, warranting further investigation for complete transparency.
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 Stony Brook Foundation Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- Consistent 0% officer compensation reported, potentially obscuring full executive pay
Strengths
The following positive indicators were identified for Stony Brook Foundation Inc:
- Consistent and significant asset growth, from $425,456,387 in 201406 to $862,643,765 in 202306
- Generally positive net income in most recent periods, indicating sound financial management
- Strong financial reserves with assets significantly exceeding liabilities
Frequently Asked Questions about Stony Brook Foundation Inc
Is Stony Brook Foundation Inc a legitimate charity?
Stony Brook Foundation Inc (EIN: 116077945) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $798.6M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Stony Brook Foundation Inc spend its money?
Stony Brook Foundation Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Stony Brook Foundation Inc tax-deductible?
Stony Brook Foundation Inc is registered as a tax-exempt nonprofit (EIN: 116077945). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Stony Brook Foundation Inc CEO make?
Stony Brook Foundation Inc's highest-compensated officer earns $800 annually. The organization reported $798.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Stony Brook Foundation Inc's spending goes to programs?
Stony Brook Foundation Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Stony Brook Foundation Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Stony Brook Foundation Inc is above average for NTEE category B112 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Stony Brook Foundation Inc located?
Stony Brook Foundation Inc is headquartered in Stony Brook, New York and files with the IRS under EIN 116077945. It is classified under NTEE code B112.
How many years of IRS 990 filings does Stony Brook Foundation Inc have?
Stony Brook Foundation Inc 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 $798.6M in total revenue.
Is Stony Brook Foundation Inc. a good charity?
Based on the available data, the Foundation demonstrates strong financial health with consistent asset growth and positive net income. However, a detailed breakdown of program, administrative, and fundraising expenses, along with clarity on executive compensation, would provide a more complete picture of its charitable effectiveness.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% officer compensation across all filings suggests that executive salaries might be paid by Stony Brook University directly or are not categorized under 'officer compensation' in these specific filings. This practice, while not necessarily a red flag, does limit transparency regarding the full compensation structure of its leadership.
How does the Foundation manage its liabilities?
The Foundation's liabilities have grown alongside its assets, reaching $103,133,404 in 202306. While assets significantly outweigh liabilities ($862,643,765 assets vs. $103,133,404 liabilities in 202306), indicating a healthy balance sheet, the specific nature and management of these liabilities would require a deeper dive into the full financial statements.
Filing History
IRS 990 filing history for Stony Brook Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Stony Brook Foundation Inc's revenue has grown by 173.9%, moving from $29.0M to $79.5M. Total assets increased by 279% over the same period, from $227.6M to $862.6M. Total functional expenses rose by 53.5%, from $42.0M to $64.5M. In its most recent filing year (2023), Stony Brook Foundation Inc reported a surplus of $15.0M, with revenue exceeding expenses. The organization holds $103.1M in liabilities against $862.6M in assets (debt-to-asset ratio: 12.0%), resulting in net assets of $759.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $79.5M | $64.5M | $862.6M | $103.1M | — | View 990 |
| 2022 | $150.4M | $63.7M | $805.3M | $78.1M | — | View 990 |
| 2021 | $129.2M | $72.5M | $732.7M | $60.0M | — | View 990 |
| 2020 | $62.4M | $50.7M | $590.6M | $56.2M | — | View 990 |
| 2019 | $76.0M | $58.8M | $558.8M | $46.7M | — | View 990 |
| 2018 | $74.1M | $54.9M | $509.4M | $39.5M | — | View 990 |
| 2017 | $71.7M | $63.6M | $476.5M | $44.3M | — | View 990 |
| 2016 | $67.3M | $51.1M | $440.5M | $40.0M | — | View 990 |
| 2015 | $50.0M | $61.1M | $432.6M | $49.3M | — | View 990 |
| 2014 | $65.9M | $85.9M | $425.5M | $47.8M | — | View 990 |
| 2013 | $94.0M | $49.2M | $432.4M | $48.5M | — | View 990 |
| 2012 | $183.1M | $42.6M | $374.2M | $41.0M | — | View 990 |
| 2011 | $29.0M | $42.0M | $227.6M | $36.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $79.5M, expenses of $64.5M, and assets of $862.6M (revenue -47.2% year-over-year).
- 2022: Revenue of $150.4M, expenses of $63.7M, and assets of $805.3M (revenue +16.4% year-over-year).
- 2021: Revenue of $129.2M, expenses of $72.5M, and assets of $732.7M (revenue +107.1% year-over-year).
- 2020: Revenue of $62.4M, expenses of $50.7M, and assets of $590.6M (revenue -17.9% year-over-year).
- 2019: Revenue of $76.0M, expenses of $58.8M, and assets of $558.8M (revenue +2.5% year-over-year).
- 2018: Revenue of $74.1M, expenses of $54.9M, and assets of $509.4M (revenue +3.4% year-over-year).
- 2017: Revenue of $71.7M, expenses of $63.6M, and assets of $476.5M (revenue +6.6% year-over-year).
- 2016: Revenue of $67.3M, expenses of $51.1M, and assets of $440.5M (revenue +34.6% year-over-year).
- 2015: Revenue of $50.0M, expenses of $61.1M, and assets of $432.6M (revenue -24.1% year-over-year).
- 2014: Revenue of $65.9M, expenses of $85.9M, and assets of $425.5M (revenue -29.9% year-over-year).
- 2013: Revenue of $94.0M, expenses of $49.2M, and assets of $432.4M (revenue -48.6% year-over-year).
- 2012: Revenue of $183.1M, expenses of $42.6M, and assets of $374.2M (revenue +531.0% year-over-year).
- 2011: Revenue of $29.0M, expenses of $42.0M, and assets of $227.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Stony Brook Foundation Inc:
Data Sources and Methodology
This transparency report for Stony Brook Foundation 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.