Suny Polytechnic Institute Auxiliary Services Corporation

Is Suny Polytechnic Institute Auxiliary Services Corporation Legit?

Appears Legitimate

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Suny Polytechnic Institute Auxiliary Services Corporation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Suny Polytechnic Institute Auxiliary Services Corporation

Suny Polytechnic Institute Auxiliary Services Corporation (EIN: 161017742) is a nonprofit organization based in Utica, NY, classified under NTEE code B02. The organization reported total revenue of $4.9M and total assets of $6.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Suny Polytechnic Institute Auxiliary Services Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Suny Polytechnic Institute Auxiliary Services Corporation 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

• admin: 10%
• programs: 90%
• fundraising: 0%

According to IRS 990 filings, Suny Polytechnic Institute Auxiliary Services Corporation 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 reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through other means not categorized as officer compensation, which is a strong positive for resource allocation.

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 Suny Polytechnic Institute Auxiliary Services Corporation:

• Consistent operational surpluses, such as $238,226 in 202306.
• No reported officer compensation across all filings.
• Growing asset base, reaching $5,362,194 in 202306.
• Strong revenue growth over the past decade.

Frequently Asked Questions about Suny Polytechnic Institute Auxiliary Services Corporation

Filing History

IRS 990 filing history for Suny Polytechnic Institute Auxiliary Services Corporation showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Suny Polytechnic Institute Auxiliary Services Corporation's revenue has grown by 132.4%, moving from $2.3M to $5.3M. Total assets increased by 74.8% over the same period, from $3.1M to $5.4M. Total functional expenses rose by 128%, from $2.2M to $5.1M. In its most recent filing year (2023), Suny Polytechnic Institute Auxiliary Services Corporation reported a surplus of $238K, with revenue exceeding expenses. The organization holds $463K in liabilities against $5.4M in assets (debt-to-asset ratio: 8.6%), resulting in net assets of $4.9M.

Year-by-Year Financial Summary

• 2023: Revenue of $5.3M, expenses of $5.1M, and assets of $5.4M (revenue +26.3% year-over-year).
• 2022: Revenue of $4.2M, expenses of $4.1M, and assets of $4.5M (revenue +35.7% year-over-year).
• 2021: Revenue of $3.1M, expenses of $3.1M, and assets of $5.3M (revenue -17.2% year-over-year).
• 2020: Revenue of $3.8M, expenses of $4.0M, and assets of $5.2M (revenue -30.4% year-over-year).
• 2019: Revenue of $5.4M, expenses of $5.0M, and assets of $5.5M (revenue -3.1% year-over-year).
• 2018: Revenue of $5.6M, expenses of $4.8M, and assets of $5.7M (revenue +22.1% year-over-year).
• 2017: Revenue of $4.6M, expenses of $4.3M, and assets of $4.7M (revenue +7.1% year-over-year).
• 2016: Revenue of $4.3M, expenses of $4.0M, and assets of $4.2M (revenue +18.7% year-over-year).
• 2015: Revenue of $3.6M, expenses of $3.0M, and assets of $3.9M (revenue +27.5% year-over-year).
• 2014: Revenue of $2.8M, expenses of $2.5M, and assets of $3.3M (revenue +35.5% year-over-year).
• 2013: Revenue of $2.1M, expenses of $2.1M, and assets of $2.7M (revenue +4.8% year-over-year).
• 2012: Revenue of $2.0M, expenses of $2.5M, and assets of $2.6M (revenue -13.6% year-over-year).
• 2011: Revenue of $2.3M, expenses of $2.2M, and assets of $3.1M.

Data Sources and Methodology

This transparency report for Suny Polytechnic Institute Auxiliary Services Corporation 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.