SUFFOLK COMMUNITY COLLEGE FOUNDATIONINC (EIN 112983422) - 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

1989

Legal Domicile

Principal Officer

BELINDA ALVAREZ-GRONEMAN

Phone

6314514846

Tax Period

2022-09-01 to 2023-08-31

SUFFOLK COMMUNITY COLLEGE FOUNDATIONINC, founded in 1989, is a community nonprofit that reported $2.4M in total revenue in fiscal year 2022. Revenue fell 39% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $908K, a strong 38% operating margin.

Mission

THE SUFFOLK COMMUNITY COLLEGE FOUNDATION'S MISSION IS TO SUPPORT STUDENT ACCESS TO QUALITY EDUCATION AND VOCATIONAL SKILL TRAINING BY PROVIDING SCHOLARSHIPS, EMERGENCY LOANS AND FUNDING FOR PROGRAM DEVELOPMENT. ADDITIONALLY, THE FOUNDATION SEEKS TO ENGAGE ALUMNI TO MAINTAIN THEIR CONNECTION TO THE COLLEGE, TO SUPPORT FOUNDATION EVENTS, PHILANTHROPY, STUDENT MENTORSHIP AND INTERNSHIP OPPORTUNITIES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $718,759

Program Service Revenue $178,538

Investment Income $1,246,646

Other Revenue $214,287

TOTAL REVENUE $2,358,230

Expense Breakdown

Grants Paid $635,761

Salaries & Benefits $0

Fundraising Expenses $2,929

Program Expenses $1,133,798

Other Expenses $814,771

TOTAL EXPENSES $1,450,532

Year-over-Year Comparison

	2022	2021	Change
Revenue	$2,358,230	$3,893,879	-0.4%
Expenses	$1,450,532	$1,717,101	-0.2%
Net Income	$907,698	$2,176,778	-0.6%

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

257

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

$235,005

Total Directors

$799,655

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BELINDA ALVAREZ-GRONEMAN	CHAIRPERSON	2.00	Officer Director	$0	$0	$0
MICHAEL J GRANT JR	FIRST VICE CHAIR	2.00	Officer Director	$0	$0	$0
LESLIE B ANDERSON	SECOND VICE CHAIR	2.00	Officer Director	$0	$0	$0
BRIAN T PETERSEN	TREASURER	3.00	Officer Director	$0	$0	$0
ROBERT J FREY	SECRETARY	1.00	Officer Director	$0	$0	$0
EDWARD BOUGHAL	DIRECTOR	1.00	Director	$0	$0	$0
ERNESTO MATTACE JR	DIRECTOR	1.00	Director	$0	$0	$0
STEVEN A MILNER	DIRECTOR	1.00	Director	$0	$0	$0
BELINDA PAGDANGANAN	DIRECTOR	2.00	Director	$0	$0	$0
MARY REID	DIRECTOR	1.00	Director	$0	$0	$0
GARY JOEL SCHACKER	DIRECTOR	2.00	Director	$0	$0	$0
LISA J CALLA	DIRECTOR	1.00	Director	$0	$50,951	$209,160
MILAGROS NIEVES	DIRECTOR	2.00	Director	$0	$0	$0
TODD C JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
ANGEL M RIVERA	DIRECTOR	1.00	Director	$0	$0	$0
CHARLES T WITTREICH JR	DIRECTOR	1.00	Director	$0	$37,078	$211,461
MAE LANE	DIRECTOR	1.00	Director	$0	$0	$0
EDWARD BONAHUE	DIRECTOR	2.00	Director	$0	$23,410	$379,034
SYLVIA A DIAZ	EXECUTIVE DIRECTOR	40.00	Officer	$0	$54,390	$235,005

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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$2,358,230	$1,450,532	$29,621,744	$907,698
2022	$3,893,879	$1,717,101	$28,049,006	$2,176,778
2021	$3,610,006	$1,474,174	$29,095,950	$2,135,832
2020	$1,818,160	$1,094,858	$23,919,258	$723,302
2019	$1,911,000	$1,084,951	$21,713,121	$826,049
2018	$3,628,115	$2,569,823	$21,676,717	$1,058,292

SUFFOLK COMMUNITY COLLEGE FOUNDATIONINC