Stony Brook Psychiatric Associates University Faculty Practice Corp

Stony Brook Psychiatric Associates maintains stable operations with consistent revenue growth and balanced finances, reporting no officer compensation.

EIN: 112590096 · Stony Brook, NY · NTEE: E20 · Updated: 2026-03-28

$28.4MRevenue
$2.4MAssets
85/100Mission Score (Excellent)
E20

About Stony Brook Psychiatric Associates University Faculty Practice Corp

Stony Brook Psychiatric Associates University Faculty Practice Corp (EIN: 112590096) is a nonprofit organization based in Stony Brook, NY, classified under NTEE code E20. The organization reported total revenue of $28.4M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stony Brook Psychiatric Associates University Faculty Practice Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Stony Brook Psychiatric Associates University Faculty Practice Corp demonstrates consistent operational activity, with revenues steadily increasing over the past decade, reaching $26,024,431 in 2023. The organization's financial health appears stable, with expenses closely tracking revenues, indicating a focus on covering operational costs rather than accumulating significant surpluses. For instance, in 2023, expenses were $26,033,141 against revenues of $26,024,431, resulting in a slight deficit. This pattern of near break-even operations is common for faculty practice corporations. The organization's assets and liabilities have also remained balanced, suggesting a prudent approach to financial management. Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to provide a precise assessment. However, the consistent growth in revenue and expenses suggests that the organization is effectively utilizing its resources to deliver its services. The absence of reported officer compensation in all available filings is a notable aspect of its financial structure, potentially indicating that executive salaries are covered through other university-related mechanisms or that the organization operates with a volunteer leadership structure, which could contribute to higher spending efficiency in other areas. Transparency is generally good, with consistent IRS 990 filings available over a long period. The consistent reporting of zero officer compensation across all filings is a key piece of information, though further detail on how leadership is compensated (if at all) would enhance full transparency. The NTEE code E20 (Psychiatric Hospitals) aligns with the organization's name and likely mission, suggesting a clear programmatic focus.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Stony Brook Psychiatric Associates University Faculty Practice Corp 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

According to IRS 990 filings, Stony Brook Psychiatric Associates University Faculty Practice Corp allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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, which is highly unusual for an entity with revenues exceeding $26 million. This suggests that executive compensation may be covered by the parent university or another affiliated entity, or that the organization operates with an entirely volunteer leadership structure.

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 Psychiatric Associates University Faculty Practice Corp's IRS 990 filings:

Strengths

The following positive indicators were identified for Stony Brook Psychiatric Associates University Faculty Practice Corp:

Frequently Asked Questions about Stony Brook Psychiatric Associates University Faculty Practice Corp

How are the organization's executives compensated if 0% officer compensation is reported?

The consistent reporting of 0% officer compensation across all filings suggests that executive salaries may be paid by the parent university (Stony Brook University) or another affiliated entity, rather than directly by this specific faculty practice corporation. This is a common arrangement within university systems.

What is the primary use of the organization's revenue?

Based on the close alignment of revenues and expenses (e.g., $26,024,431 revenue vs. $26,033,141 expenses in 2023), the primary use of revenue is to cover operational costs associated with providing psychiatric services, including staff salaries, facility costs, and other direct program expenses.

Does the organization have a healthy financial reserve?

The organization's assets and liabilities are consistently balanced (e.g., $3,446,726 in both assets and liabilities in 2023), indicating that it operates with minimal net assets or reserves. This suggests a 'pass-through' financial model where revenues largely cover immediate expenses, rather than accumulating significant surpluses.

Filing History

IRS 990 filing history for Stony Brook Psychiatric Associates University Faculty Practice Corp showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Stony Brook Psychiatric Associates University Faculty Practice Corp's revenue has grown by 256.5%, moving from $7.3M to $26.0M. Total assets increased by 234.3% over the same period, from $1.0M to $3.4M. Total functional expenses rose by 250.9%, from $7.4M to $26.0M. In its most recent filing year (2023), Stony Brook Psychiatric Associates University Faculty Practice Corp reported a deficit of $9K, with expenses exceeding revenue. The organization holds $3.4M in liabilities against $3.4M in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp.PDF
2023 $26.0M $26.0M $3.4M $3.4M
2022 $23.7M $24.8M $3.5M $3.5M View 990
2021 $23.2M $21.4M $3.1M $3.1M View 990
2020 $17.4M $17.5M $3.2M $3.2M View 990
2019 $15.7M $14.9M $3.3M $3.3M View 990
2018 $12.5M $11.9M $2.6M $2.6M View 990
2017 $11.5M $10.8M $0 $0 View 990
2016 $9.7M $10.7M $1.2M $1.2M View 990
2015 $8.9M $8.0M $2.2M $2.2M View 990
2014 $8.6M $8.3M $1.3M $1.3M View 990
2013 $8.3M $8.0M $1.0M $1.0M View 990
2012 $7.6M $7.9M $811K $811K View 990
2011 $7.3M $7.4M $1.0M $1.0M View 990

Year-by-Year Financial Summary

Data Sources and Methodology

This transparency report for Stony Brook Psychiatric Associates University Faculty Practice Corp 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.

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