Statesman Association Inc The Statesman (EIN 112319751) - 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

1975

Legal Domicile

Phone

6316326480

Tax Period

2021-01-01 to 2021-12-31

Statesman Association Inc The Statesman, founded in 1975, is a micro nonprofit that reported $20K in total revenue in fiscal year 2021. Revenue fell 65% from the prior year — a significant decline worth monitoring. Expenses of $41K exceeded revenue, resulting in a 107% operating deficit.

Mission

At Stony Brook University's most trusted campus publication, The Statesman has stimulated the campus community with engaging, award-winning journalism while informing students, faculty, and the surrounding community since 1957.

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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 (2021)

Revenue Breakdown

Contributions & Grants $15,000

Program Service Revenue $3,860

Investment Income $0

Other Revenue $767

TOTAL REVENUE $19,627

Expense Breakdown

Grants Paid $0

Salaries & Benefits $11,058

Fundraising Expenses $0

Program Expenses $20,041

Other Expenses $29,579

TOTAL EXPENSES $40,637

Year-over-Year Comparison

	2021	2020	Change
Revenue	$19,627	$56,329	-0.7%
Expenses	$40,637	$43,660	-0.1%
Net Income	$-21,010	$12,669	-2.7%

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

N/A

Employees

Volunteers

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
Sara Ruberg	President	40.00	Officer	$0	$0	$0
Maya Brown	Vice President	40.00	Officer	$0	$0	$0
Steven Keehner	Vice President	40.00	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
2021	$19,627	$40,637	$87,098	$-21,010

Statesman Association Inc The Statesman