FACULTY ASSOCIATION OF ADIRONDACK COMMUNITY COLLEGE (EIN 141732103) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1992

Legal Domicile

Principal Officer

LUKE MUSTO

Phone

5187432200

Tax Period

2021-09-01 to 2022-08-31

FACULTY ASSOCIATION OF ADIRONDACK COMMUNITY COLLEGE, founded in 1992, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $53K in total revenue in fiscal year 2021. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $50K left a modest 5% surplus.

Mission

TO PROMOTE, ENCOURAGE AND PROVIDE A FRATERNAL SOCIETY FOR THE MEMBERS OF THE FACULTY ASSOCIATION OF ADIRONDACK COMMUNITY COLLEGE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $32,982

Investment Income $19,905

Other Revenue $0

TOTAL REVENUE $52,887

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,800

Fundraising Expenses $0

Program Expenses $50,291

Other Expenses $42,504

TOTAL EXPENSES $50,304

Year-over-Year Comparison

	2021	2020	Change
Revenue	$52,887	$83,348	-0.4%
Expenses	$50,304	$47,009	+0.1%
Net Income	$2,583	$36,339	-0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

101

Independent Members

101

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

$12,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DREW COSTA	DIRECTOR-NEG	3.00	Officer	$4,288	$0	$4,288
CARRIE MENARD	SECRETARY	2.00	Officer	$1,888	$0	$1,888
BERT RAWERT	TREASURER	2.00	Officer	$1,888	$0	$1,888
WENDY JOHNSTON	VICE PRESIDE	2.00	Officer	$1,288	$0	$1,288
AMY SALVATI	DIRECTOR-GRI	2.00	Officer	$1,288	$0	$1,288
APRIL TEER	DIRECTOR-MBR	1.50	Officer	$680	$0	$680
KEVIN ANKENY	DIRECTOR-PCC	1.50	Officer	$340	$0	$340
NICK PAIGO	DIRECTOR-PCC	1.50	Officer	$340	$0	$340
LUKE MUSTO	PRESIDENT	3.00	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
2022	$52,887	$50,304	$222,953	$2,583
2021	$83,348	$47,009	$295,333	$36,339
2019	$50,613	$22,572	$234,071	$28,041

FACULTY ASSOCIATION OF ADIRONDACK COMMUNITY COLLEGE