Smith Students' Aid Society Inc

EIN: 046052751 501(c)(3)

Northampton, MA

Total Revenue
$501,973
Total Expenses
$370,259
Total Assets
$6,979,122
Net Assets
$6,979,052
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1905
Legal Domicile
MA
Principal Officer
Eleanor Evans
Phone
4135852200
Tax Period
2024-07-01 to 2025-06-30

Smith Students' Aid Society Inc, founded in 1905, is a small nonprofit that reported $502K in total revenue in fiscal year 2024. Revenue surged 120% from the prior year, signaling strong growth momentum. The organization ran a surplus of $132K, a strong 26% operating margin.

Mission

The mission of the Smith Students Aid Society the Society is to provide assistance to Smith College students in the form of grants and emergency funds in order to enhance the quality of the students educational experience. The Society focuses especially on needs not met by traditional financial aid from Smith College.

Program Service Accomplishments

Program 1
Expenses: $304,275

The Society provides small individual grants to Smith College students for financial assistance that is not met through traditional financial aid from Smith College. The Society provided grants for...

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The Society provides small individual grants to Smith College students for financial assistance that is not met through traditional financial aid from Smith College. The Society provided grants for the following purposes during the reporting period Fine Art Supplies for students in a qualifying Studio Arts Course Credit Bearing Programs not covered by financial aid Beyond Smith for seniors needing assistance for job search, interview travel clothing, graduate professional school applications, etc. Emergency medical/dental, housing, food, child care, and winter clothes Summer Study with preference for students with credit shortage Special Opportunities for enrichment not covered by financial aid Textbooks and Computer Support.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $32,325
Program Service Revenue $0
Investment Income $469,648
Other Revenue $0
TOTAL REVENUE $501,973

Expense Breakdown

Grants Paid $304,275
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $304,275
Other Expenses $65,984
TOTAL EXPENSES $370,259

Year-over-Year Comparison

2024 2023 Change
Revenue $501,973 $227,904 +1.2%
Expenses $370,259 $359,195 +0.0%
Net Income $131,714 $-131,291 -2.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
12

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Eleanor Evans President Director 002.00
Officer Director
$0 $0 $0
Teresa Hacunda Treasurer Director 002.00
Officer Director
$0 $0 $0
Korri Krajicek Secretary Director 002.00
Officer Director
$0 $0 $0
Lindsay Bennett-Jacobs Director 001.00
Director
$0 $0 $0
Sophia Mutungi Director 001.00
Director
$0 $0 $0
Harleen Gill-Jessup Director 001.00
Director
$0 $0 $0
Candace Gibson Director 001.00
Director
$0 $0 $0
Alexandria Julius Director 001.00
Director
$0 $0 $0
Sara Ottomano Director 001.00
Director
$0 $0 $0
Rebecca Phelps Director 001.00
Director
$0 $0 $0
Judith Roberts Director 001.00
Director
$0 $0 $0
Michelle Ross Director 001.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $501,973 $370,259 $6,979,122 $131,714
2024 No data No data No data No data
2023 $728,642 $340,957 $6,510,445 $387,685
2022 $1,120,502 $305,427 $6,593,127 $815,075
2021 $604,905 $288,528 $6,887,739 $316,377
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