STATE UNIVERSITY OF NEW YORK FINANCIAL AID PROFESSIONALS INC (EIN 061538992) - Form 990 Financial Analysis & Trantor Score

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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

1976

Legal Domicile

Phone

7166146211

Tax Period

2023-05-01 to 2024-04-30

STATE UNIVERSITY OF NEW YORK FINANCIAL AID PROFESSIONALS INC, founded in 1976, is a micro nonprofit in the Community Improvement sector that reported $5K in total revenue in fiscal year 2023. Revenue fell 75% from the prior year — a significant decline worth monitoring. Expenses of $17K exceeded revenue, resulting in a 257% operating deficit.

Mission

EDUCATIONAL BUSINESS LEAGUE

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,865

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $4,865

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $13,159

Other Expenses $17,385

TOTAL EXPENSES $17,385

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,865	$19,331	-0.7%
Expenses	$17,385	$18,338	-0.1%
Net Income	$-12,520	$993	-13.6%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICIA NOREN	PRESIDENT	010.00	Officer	$0	$0	$0
MELISSA ALLEN	VICE PRESIDENT	010.00	Officer	$0	$0	$0
JAMES PROCTOR	TREASURER	010.00	Officer	$0	$0	$0
ROBERT MILLER	SECRETARY	010.00	Officer	$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
2024	$4,865	$17,385	$87,988	$-12,520
2023	$19,331	$18,338	$100,509	$993
2022	$4,602	$4,260	$99,199	$342
2021	$7,893	$4,686	$98,857	$3,207
2020	$3,183	$22,013	$95,463	$-18,830
2019	$47,071	$33,578	$120,628	$13,493

STATE UNIVERSITY OF NEW YORK FINANCIAL AID PROFESSIONALS INC