Stony Brook Childrens Services University Faculty Practice Corporation

EIN: 112571524 501(c)(3) Health Care

STONY BROOK, NY

Total Revenue
$72,868,631
Total Expenses
$70,604,539
Total Assets
$5,619,987
Net Assets
N/A
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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
1981
Legal Domicile
NY
Phone
6314442055
Tax Period
2024-07-01 to 2025-06-30

Stony Brook Childrens Services University Faculty Practice Corporation, founded in 1981, is a mid-sized nonprofit in the Health Care sector that reported $72.9M in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $70.6M left a modest 3% surplus.

Mission

PROVIDE CLINICAL INSTRUCTION TO AND SUPERVISION OF MEDICAL STUDENTS, INTERNS AND RESIDENTS AND, INCIDENT THERETO, RENDERING PROFESSIONAL SERVICES.

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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 $0
Program Service Revenue $72,683,980
Investment Income $0
Other Revenue $184,651
TOTAL REVENUE $72,868,631

Expense Breakdown

Grants Paid $0
Salaries & Benefits $28,220,988
Fundraising Expenses $0
Program Expenses $64,100,906
Other Expenses $42,383,551
TOTAL EXPENSES $70,604,539

Year-over-Year Comparison

2024 2023 Change
Revenue $72,868,631 $67,290,257 +0.1%
Expenses $70,604,539 $68,754,943 +0.0%
Net Income $2,264,092 $-1,464,686 -2.5%
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
3
Independent Members
N/A
Employees
167
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
2
$925,336
Total Directors
3
$1,283,165
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROLYN MILANA President & Director 40.0
Officer Director
$399,199 $91,794 $712,400
SUSMITA PATI DIRECTOR/SECRETARY/TREASURER 40.0
Officer Director
$169,338 $43,598 $212,936
JEFFREY MORGANSTERN DIRECTOR 40.0
Director
$213,788 $62,005 $357,829
CARL KAPLAN PEDIATRICIAN 40.0
Highest
$367,909 $61,960 $520,872
KATHERINE BIAGAS PEDIATRICIAN 40.0
Highest
$341,450 $74,876 $577,197
LAURIE PANESAR PEDIATRICIAN 40.0
Highest
$292,313 $58,236 $508,416
SHANTHY SRIDHAR PEDIATRICIAN 40.0
Highest
$322,171 $88,176 $598,666
THOMAS DIACOVO PEDIATRICIAN 40.0
Highest
$300,621 $58,887 $601,249
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 $72,868,631 $70,604,539 $5,619,987 $2,264,092
2024 No data No data No data No data
2023 $71,010,902 $70,367,072 $4,820,582 $643,830
2022 $64,856,724 $67,489,171 $4,176,752 $-2,632,447
2021 $65,452,488 $63,720,187 $5,785,790 $1,732,301
2020 $58,131,555 $57,458,352 $5,169,849 $673,203
2019 $58,853,053 $57,389,223 $5,608,019 $1,463,830
2018 $54,705,886 $55,698,334 $4,144,190 $-992,448
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