FACULTY ASSOCIATION OF SUFFOLK COMMUNITY COLLEGE BENEFIT FUND (EIN 113220548) - 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

1994

Legal Domicile

Principal Officer

DANTE MORELLI

Phone

6317326500

Tax Period

2023-09-01 to 2024-08-31

FACULTY ASSOCIATION OF SUFFOLK COMMUNITY COLLEGE BENEFIT FUND, founded in 1994, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2023.

Mission

TO PROVIDE HEALTH AND WELFARE BENEFITS.

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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 $0

Program Service Revenue $1,723,531

Investment Income $97,040

Other Revenue $0

TOTAL REVENUE $1,820,571

Expense Breakdown

Grants Paid $0

Salaries & Benefits $122,399

Fundraising Expenses $0

Other Expenses $143,062

TOTAL EXPENSES $1,804,921

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,820,571	$1,763,964	+0.0%
Expenses	$1,804,921	$1,645,960	+0.1%
Net Income	$15,650	$118,004	-0.9%

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

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

$105,599

Total Directors

$64,626

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANTE MORELLI	CHAIRPERSON	1.00	Director	$0	$0	$19,986
CYNTHIA EATON TVELIA	TRUSTEE	1.00	Director	$0	$0	$11,835
PETER DIGREGORIO	TRUSTEE/TREASURER	1.00	Director	$0	$0	$13,122
KEVIN MCCOY	TRUSTEE	1.00	Director	$0	$0	$6,561
KIM NG SOUTHARD	TRUSTEE	1.00	Director	$0	$0	$6,561
COURTNEY BREWER	TRUSTEE	1.00	Director	$0	$0	$6,561
SEAN TVELIA	TRUSTEE	1.00	Director	$0	$0	$0
MARY KAFFAGA	ADMINISTRATOR	35.00	Officer	$105,599	$0	$105,599

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	$1,820,571	$1,804,921	$2,583,727	$15,650
2023	$1,763,964	$1,645,960	$2,442,477	$118,004
2022	$1,741,265	$1,575,462	$2,323,040	$165,803
2021	$1,733,068	$1,552,636	$2,405,168	$180,432
2020	$1,782,571	$1,495,315	$2,134,415	$287,256
2019	$1,746,842	$1,695,299	$1,821,381	$51,543
2018	$1,680,469	$1,720,225	$1,748,547	$-39,756

FACULTY ASSOCIATION OF SUFFOLK COMMUNITY COLLEGE BENEFIT FUND