Suffolk Community College Foundation Inc
Suffolk Community College Foundation consistently grows assets with no reported officer compensation.
EIN: 112983422 · Selden, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $19.7M |
| Total Expenses | $1.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $29,621,744 |
| Net Assets | $28.4M |
| Transparency Score | 90/100 |
Is Suffolk Community College Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Suffolk Community College Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Suffolk Community College Foundation Inc
Suffolk Community College Foundation Inc (EIN: 112983422) is a nonprofit organization based in Selden, NY. The organization reported total revenue of $19.7M and total assets of $34.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Suffolk Community College Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Suffolk Community College Foundation Inc is a large nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$908K |
| Total Assets | $29.6M |
| Total Liabilities | $1.2M |
| Net Assets | $28.4M |
| Operating Margin | 38.5% |
| Debt-to-Asset Ratio | 4.2% |
| Months of Reserves | 245.1 months |
Financial Health Grade: A
In 2023, Suffolk Community College Foundation Inc reported a surplus of $908K with revenue exceeding expenses, holds 245.1 months of operating reserves (strong position), has a debt-to-asset ratio of 4.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Suffolk Community College Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -39.4% | -15.5% | +5.6% |
| 2022 | +7.9% | +16.5% | -3.6% |
| 2021 | +98.6% | +34.6% | +21.6% |
| 2020 | -4.9% | +0.9% | +10.2% |
| 2019 | -47.3% | -57.8% | +0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Suffolk Community College Foundation Inc with a Mission Score of 90 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, Suffolk Community College Foundation 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $908K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size and asset base ($29,621,744 in 202308). This suggests either a volunteer-led executive team or that compensation is reported under other expense categories, though the former is more likely given the consistent reporting.
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 Suffolk Community College Foundation Inc's IRS 990 filings:
- Unusually low liabilities relative to assets in some periods (e.g., $7,564 liabilities vs $19,671,287 assets in 201708), which could indicate minimal operational debt or specific financial structures.
- Consistent 0% officer compensation, which, while positive for efficiency, is atypical for an organization managing nearly $30 million in assets and could warrant further inquiry into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Suffolk Community College Foundation Inc:
- Consistent asset growth, demonstrating strong financial management and sustainability (e.g., from $16.9M in 2014 to $29.6M in 2023).
- Revenue consistently exceeds expenses, indicating a healthy financial surplus (e.g., $2,358,230 revenue vs $1,450,532 expenses in 202308).
- Zero reported officer compensation across all filings, suggesting a high dedication of funds to programmatic activities.
- Long history of IRS 990 filings (13 filings), indicating strong transparency and compliance.
- Low liabilities relative to assets, suggesting financial stability and minimal debt burden.
Frequently Asked Questions about Suffolk Community College Foundation Inc
Is Suffolk Community College Foundation Inc a legitimate charity?
Suffolk Community College Foundation Inc (EIN: 112983422) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $19.7M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Suffolk Community College Foundation Inc spend its money?
Suffolk Community College Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Suffolk Community College Foundation Inc tax-deductible?
Suffolk Community College Foundation Inc is registered as a tax-exempt nonprofit (EIN: 112983422). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Suffolk Community College Foundation Inc CEO make?
Suffolk Community College Foundation Inc's highest-compensated officer earns $29,621,744 annually. The organization reported $19.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Suffolk Community College Foundation Inc's spending goes to programs?
Suffolk Community College Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Suffolk Community College Foundation Inc located?
Suffolk Community College Foundation Inc is headquartered in Selden, New York and files with the IRS under EIN 112983422.
How many years of IRS 990 filings does Suffolk Community College Foundation Inc have?
Suffolk Community College 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 $19.7M in total revenue.
Is Suffolk Community College Foundation Inc. a good charity?
Based on the available IRS 990 data, the Suffolk Community College Foundation Inc. appears to be a very good charity. It consistently grows its assets, maintains a healthy surplus of revenue over expenses, and notably reports 0% officer compensation, suggesting a strong dedication to its mission and efficient use of funds.
How has the organization's financial health changed over time?
The organization's financial health has steadily improved over time. Assets have grown from $16,926,595 in 201408 to $29,621,744 in 202308. While revenue has fluctuated year-to-year, it has consistently outpaced expenses, allowing for this significant asset growth.
What is the trend in revenue and expenses?
Revenue has shown variability, with a high of $3,893,879 in 202208 and a low of $1,808,023 in 201708. Expenses have generally remained lower than revenue, ranging from $1,084,951 in 201908 to $2,569,823 in 201808. Both metrics show fluctuations but a consistent positive margin.
Filing History
IRS 990 filing history for Suffolk Community College Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Suffolk Community College Foundation Inc's revenue has grown by 151.5%, moving from $938K to $2.4M. Total assets increased by 147.6% over the same period, from $12.0M to $29.6M. Total functional expenses rose by 31.5%, from $1.1M to $1.5M. In its most recent filing year (2023), Suffolk Community College Foundation Inc reported a surplus of $908K, with revenue exceeding expenses. The organization holds $1.2M in liabilities against $29.6M in assets (debt-to-asset ratio: 4.2%), resulting in net assets of $28.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $1.5M | $29.6M | $1.2M | — | View 990 |
| 2022 | $3.9M | $1.7M | $28.0M | $1.2M | — | View 990 |
| 2021 | $3.6M | $1.5M | $29.1M | $81K | — | View 990 |
| 2020 | $1.8M | $1.1M | $23.9M | $321K | — | View 990 |
| 2019 | $1.9M | $1.1M | $21.7M | $369K | — | View 990 |
| 2018 | $3.6M | $2.6M | $21.7M | $152K | — | View 990 |
| 2017 | $1.8M | $1.2M | $19.7M | $8K | — | View 990 |
| 2016 | $3.2M | $1.4M | $18.3M | $76K | — | View 990 |
| 2015 | $2.1M | $1.2M | $16.6M | $28K | — | View 990 |
| 2014 | $2.2M | $1.3M | $16.9M | $9K | — | View 990 |
| 2013 | $2.9M | $1.3M | $14.4M | $59K | — | View 990 |
| 2012 | $1.9M | $1.2M | $13.2M | $20K | — | View 990 |
| 2011 | $938K | $1.1M | $12.0M | $67K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $1.5M, and assets of $29.6M (revenue -39.4% year-over-year).
- 2022: Revenue of $3.9M, expenses of $1.7M, and assets of $28.0M (revenue +7.9% year-over-year).
- 2021: Revenue of $3.6M, expenses of $1.5M, and assets of $29.1M (revenue +98.6% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.1M, and assets of $23.9M (revenue -4.9% year-over-year).
- 2019: Revenue of $1.9M, expenses of $1.1M, and assets of $21.7M (revenue -47.3% year-over-year).
- 2018: Revenue of $3.6M, expenses of $2.6M, and assets of $21.7M (revenue +100.7% year-over-year).
- 2017: Revenue of $1.8M, expenses of $1.2M, and assets of $19.7M (revenue -44.1% year-over-year).
- 2016: Revenue of $3.2M, expenses of $1.4M, and assets of $18.3M (revenue +54.1% year-over-year).
- 2015: Revenue of $2.1M, expenses of $1.2M, and assets of $16.6M (revenue -4.2% year-over-year).
- 2014: Revenue of $2.2M, expenses of $1.3M, and assets of $16.9M (revenue -24.9% year-over-year).
- 2013: Revenue of $2.9M, expenses of $1.3M, and assets of $14.4M (revenue +54.8% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.2M, and assets of $13.2M (revenue +101.0% year-over-year).
- 2011: Revenue of $938K, expenses of $1.1M, and assets of $12.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Suffolk Community College Foundation Inc:
Data Sources and Methodology
This transparency report for Suffolk Community College 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.