STATE UNIVERSITY OF NEW YORK AT ALBANY BENEVOLENT ASSOCIATION INC

EIN: 141430389 501(c)(3) Education

ALBANY, NY

Total Revenue
$115,252
Total Expenses
$126,040
Total Assets
$2,290,627
Net Assets
$2,287,627
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1927
Legal Domicile
NY
Principal Officer
KRISTINA MORAN MULLER
Phone
5184423080
Tax Period
2024-09-01 to 2025-08-31

STATE UNIVERSITY OF NEW YORK AT ALBANY BENEVOLENT ASSOCIATION INC, founded in 1927, is a small nonprofit in the Education sector that reported $115K in total revenue in fiscal year 2024. Revenue fell 55% from the prior year — a significant decline worth monitoring. Net assets of $2.3M represent 238 months of operating reserves.

Mission

THE ASSOCIATION'S MISSION IS TO FOSTER EDUCATIONAL OPPORTUNITIES FOR STUDENTS OF THESTATE UNIVERSITY OF NEW YORK AT ALBANY BY MAKING GRANTS DIRECT GRANTS OR LOANS TO INDIVIDUALS TO ENABLE THEM TO MEET THE EXPENSES OF HIGHER EDUCATION.

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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 $500
Program Service Revenue $0
Investment Income $114,752
Other Revenue $0
TOTAL REVENUE $115,252

Expense Breakdown

Grants Paid $97,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $97,000
Other Expenses $29,040
TOTAL EXPENSES $126,040

Year-over-Year Comparison

2024 2023 Change
Revenue $115,252 $255,821 -0.5%
Expenses $126,040 $121,988 +0.0%
Net Income $-10,788 $133,833 -1.1%
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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Governance

Voting Members
10
Independent Members
10
Employees
N/A
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
4
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFFREY L LUKS DIRECTOR 5.00
Director
$0 $0 $0
GREGORY A PERRY DIRECTOR 5.00
Director
$0 $0 $0
SUSAN VAN HORN SHIPHERD DIRECTOR 5.00
Director
$0 $0 $0
EMA BUCO DIRECTOR 5.00
Director
$0 $0 $0
KEVIN GROSSMAN DIRECTOR 5.00
Director
$0 $0 $0
MICHAEL OLIN DIRECTOR 5.00
Director
$0 $0 $0
KRISTINA MORAN MULLER PRESIDENT 5.00
Officer
$0 $0 $0
THOMAS TIDD TREASURER 5.00
Officer
$0 $0 $0
CRYSTAL ROBINSON-LOFFLER SECRETARY 5.00
Officer
$0 $0 $0
CANON KAY C HOTALING VICE-PRESIDENT 5.00
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
2025 $115,252 $126,040 $2,290,627 $-10,788
2024 $255,821 $121,988 $2,230,132 $133,833
2023 $52,719 $118,680 $2,051,896 $-65,961
2022 $95,714 $127,519 $2,044,539 $-31,805
2021 $140,417 $124,891 $2,413,975 $15,526
2020 $95,343 $122,708 $2,160,246 $-27,365
2019 $103,684 $122,336 $2,111,687 $-18,652
2018 $72,998 $123,503 $2,198,035 $-50,505
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