University of Rhode Island Student Senate

EIN: 050435530 501(c)(3) Education

Kingston, RI

Total Revenue
$3,433,532
Total Expenses
$3,196,728
Total Assets
$5,319,180
Net Assets
$5,319,180
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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
1987
Legal Domicile
RI
Principal Officer
SUSAN BRUSH
Phone
4018742728
Tax Period
2024-07-01 to 2025-06-30

University of Rhode Island Student Senate, founded in 1987, is a community nonprofit in the Education sector that reported $3.4M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $3.2M left a modest 7% surplus.

Mission

THE UNIVERISTY OF R.I. STUDENT SENATE SHALL HAVE THE POWER TO ESTABLISH, RECOGNIZE AND PROMOTE EDUCATIONAL, SOCIAL AND CULTURAL ACTIVITIES FOR THE ENAHANCEMENT OF STUDENT LIFE.

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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 $86,371
Program Service Revenue $3,163,888
Investment Income $183,273
Other Revenue $0
TOTAL REVENUE $3,433,532

Expense Breakdown

Grants Paid $75,980
Salaries & Benefits $279,659
Fundraising Expenses $0
Program Expenses $3,083,588
Other Expenses $2,841,089
TOTAL EXPENSES $3,196,728

Year-over-Year Comparison

2024 2023 Change
Revenue $3,433,532 $3,119,118 +0.1%
Expenses $3,196,728 $2,943,624 +0.1%
Net Income $236,804 $175,494 +0.3%
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
11
Independent Members
11
Employees
93
Volunteers
100

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
$8,000
Total Directors
11
$23,880
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Argha Goswami PRESIDENT 6.0
Officer Director
$2,800 $0 $2,800
Sanah Feroz VICE PRESIDENT 6.0
Officer Director
$2,600 $0 $2,600
Nicholas Cronan DIRECTOR OF TREASURY 6.0
Officer Director
$2,600 $0 $2,600
Lauren Peckham SPEAKER 6.0
Director
$2,600 $0 $2,600
Jacob Milner SOC Chair 6.0
Director
$2,400 $0 $2,400
Molly Wentworth ACADEMIC AFFAIRS CHAIR 6.0
Director
$2,200 $0 $2,200
Sophia Buono CAMPUS AFFAIRS CHAIR 6.0
Director
$2,200 $0 $2,200
Meilin Quiroa Reyes Cultural Affairs Chair 6.0
Director
$2,200 $0 $2,200
Matthew Cayer External Affairs Chair 6.0
Director
$2,000 $0 $2,000
Snaha Pokharel DIRECTOR OF COMMUNICATIONS 6.0
Director
$1,800 $0 $1,800
LYNN MILNER RECORDING SECRETARY 6.0
Director
$480 $0 $480
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 $3,433,532 $3,196,728 $5,319,180 $236,804
2024 $3,119,118 $2,943,624 $5,082,376 $175,494
2023 $2,725,970 $2,662,505 $4,906,882 $63,465
2022 $2,359,504 $2,282,904 $4,843,417 $76,600
2021 $2,423,758 $1,664,166 $4,766,817 $759,592
2020 $2,286,661 $1,826,990 $4,007,225 $459,671
2019 $2,248,650 $2,048,439 $3,547,554 $200,211
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