THE CORNELL DAILY SUN ALUMNI ASSOC… - Form 990 Financial Data

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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

1999

Legal Domicile

Principal Officer

STANLEY D CHESS

Phone

6072733606

Tax Period

2023-01-01 to 2023-12-31

THE CORNELL DAILY SUN ALUMNI ASSOCIATION INC, founded in 1999, is a small nonprofit in the Education sector that reported $131K in total revenue in fiscal year 2023. Expenses of $120K left a modest 8% surplus.

Mission

TO EDUCATE & FOSTER THE TRAINING OF STUDENT JOURNALISTS WORKING AT THE CORNELL DAILY SUN.

Program Service Accomplishments

Program 1

Expenses: $101,982 Revenue: $39,411

ASSIST AND SUPPORT STUDENTS WORKING AT THE CORNELL DAILY SUN BY ACQUIRING, RENOVATING AND MAINTAINING REAL PROPERTY FOR OCCUPANCY BY THE SUN.

Program 2

ADVISE STUDENTS ABOUT EDITORIAL CONTENT, STORY IDEAS, AND BUSINESS ISSUES FOR THE CORNELL DAILY SUN.

Program 3

SPONSOR CONFERENCES AND MEETINGS BETWEEN SUN ALUMNI AND STUDENTS CONCERNING CAREERS IN JOURNALISM AND OTHER FIELDS.

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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 $85,331

Program Service Revenue $39,411

Investment Income $6,412

Other Revenue $0

TOTAL REVENUE $131,154

Expense Breakdown

Grants Paid $45,232

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $101,982

Other Expenses $75,060

TOTAL EXPENSES $120,292

Year-over-Year Comparison

	2023	2022	Change
Revenue	$131,154	$125,503	+0.0%
Expenses	$120,292	$99,669	+0.2%
Net Income	$10,862	$25,834	-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

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
STANLEY D CHESS	PRESIDENT	10.00	Officer Director	$0	$0	$0
JOHN SCHROEDER	DIRECTOR	10.00	Director	$0	$0	$0
CHARLES SENNET	DIRECTOR	0.50	Director	$0	$0	$0
MICHAEL LINHORST	DIRECTOR	0.50	Director	$0	$0	$0
BETH KUTSCHER	DIRECTOR	0.50	Director	$0	$0	$0
JAY BRANEGAN	VICE PRESIDENT	2.00	Officer	$0	$0	$0
KATHLEEN FRANKOVIC	TREASURER	1.00	Officer	$0	$0	$0
ROBERT PLATT	SECRETARY	2.00	Officer	$0	$0	$0
ANUSHRI SUBRAMANIAM	VICE PRESIDENT	2.00	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	No data	No data	No data	No data
2023	$131,154	$120,292	$691,238	$10,862
2022	$125,503	$99,669	$680,376	$25,834
2021	$183,149	$165,730	$654,542	$17,419
2020	$237,463	$128,510	$637,123	$108,953
2019	$151,656	$127,202	$614,776	$24,454
2018	$124,006	$112,741	$634,848	$11,265

THE CORNELL DAILY SUN ALUMNI ASSOCIATION INC