PLATTSBURGH ALUMNI ASSOCIATION SUNY (EIN 141455275) - 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

1959

Legal Domicile

Principal Officer

JUSTIN ELMENDORF

Phone

5185642090

Tax Period

2023-07-01 to 2024-06-30

PLATTSBURGH ALUMNI ASSOCIATION SUNY, founded in 1959, is a small nonprofit in the Education sector that reported $142K in total revenue in fiscal year 2023. Expenses of $132K left a modest 7% surplus.

Mission

THE ORGANIZATION WAS FORMED FOR THE PURPOSE OF ADVANCING THE INTEREST AND WELFARE OF THE STATE UNIVERSITY COLLEGE AT PLATTSBURGH, ITS FACULTY, STUDENTS, AND ALUMNI THROUGH ITS COLLECTIONS OF DUES AND PROGRAMS.

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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 $119,604

Program Service Revenue $10,869

Investment Income $11,604

Other Revenue $0

TOTAL REVENUE $142,077

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $57,748

Other Expenses $131,818

TOTAL EXPENSES $131,818

Year-over-Year Comparison

	2023	2022	Change
Revenue	$142,077	$142,116	0.0%
Expenses	$131,818	$109,816	+0.2%
Net Income	$10,259	$32,300	-0.7%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR TARANPREET CHANDHOKE	SECRETARY	N/A	Officer Director	$0	$0	$0
MARCIA COGNETTA	SECOND VP	N/A	Director	$0	$0	$0
CARRIE COTY	DIRECTOR	N/A	Director	$0	$0	$0
JEANINE DEBAR	TREASURER	N/A	Officer Director	$0	$0	$0
DAVID DECANCIO	DIRECTOR	N/A	Director	$0	$0	$0
JUSTIN ELMENDORF	PRESIDENT	N/A	Officer Director	$0	$0	$0
BRYAN ENSEL	DIRECTOR	N/A	Director	$0	$0	$0
DR ALEXANDER ENYEDI	PRESIDENT OF	N/A	Director	$0	$0	$0
ANNE HANSEN	VP OF INSTIT	N/A	Director	$0	$0	$0
KEVIN HUSSELBECK	DIRECTOR	N/A	Director	$0	$0	$0
KASEY KIRK	DIRECTOR	N/A	Director	$0	$0	$0
JEFF LAPE	DIRECTOR	N/A	Director	$0	$0	$0
COLLEEN LEMZA	DIRECTOR	N/A	Director	$0	$0	$0
DEVIN MARTINEZ	DIRECTOR	N/A	Director	$0	$0	$0
KURT REIMAN	DIRECTOR	N/A	Director	$0	$0	$0
SCOTT SHEEHAN	DIRECTOR	N/A	Director	$0	$0	$0
GERALD TAN	DIRECTOR	N/A	Director	$0	$0	$0
DR JOSEPH TOLLIVER	IMMEDIATE PA	N/A	Officer Director	$0	$0	$0
MATTHEW VEITCH	FIRST VP	N/A	Officer Director	$0	$0	$0
CHYRESSE WELLS	DIRECTOR	N/A	Director	$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	No data	No data	No data	No data
2024	$142,077	$131,818	$675,208	$10,259
2023	$142,116	$109,816	$623,107	$32,300
2022	$118,776	$105,676	$571,033	$13,100
2021	$268,106	$94,773	$608,050	$173,333
2020	$122,929	$122,166	$487,935	$763
2019	$159,125	$157,472	$471,195	$1,653

PLATTSBURGH ALUMNI ASSOCIATION SUNY