STUDENT ASSOCIATION OF SUNY PLATTSBURGH (EIN 141796882) - 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

1973

Legal Domicile

Principal Officer

MICHAEL DHALIWAL

Phone

5185642035

Tax Period

2023-07-01 to 2024-06-30

STUDENT ASSOCIATION OF SUNY PLATTSBURGH, founded in 1973, is a small nonprofit in the Education sector that reported $535K in total revenue in fiscal year 2023. Expenses of $750K exceeded revenue, resulting in a 40% operating deficit.

Mission

THE STUDENT ASSOCIATION OF THE STATE UNIVERSITY COLLEGE AT PLATTSBURGH COLLECTS MANDATORY FEES FROM STUDENTS AND FINANCES AND PROMOTES SOCIAL ACTIVITIES FOR THE BENEFIT OF THE CAMPUS COMMUNITY. THE STUDENT ASSOCIATION OF THE STATE UNIVERSITY COLLEGE AT PLATTSBURGH COLLECTS MANDATORY FEES FROM STUDENTS AND FINANCES AND PROMOTES SOCIAL ACTIVITIES FOR THE BENEFIT OF THE CAMPUS COMMUNITY.

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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 $535,474

Investment Income $0

Other Revenue $0

TOTAL REVENUE $535,474

Expense Breakdown

Grants Paid $0

Salaries & Benefits $110,017

Fundraising Expenses $0

Program Expenses $453,443

Other Expenses $640,015

TOTAL EXPENSES $750,032

Year-over-Year Comparison

	2023	2022	Change
Revenue	$535,474	$558,180	0.0%
Expenses	$750,032	$882,734	-0.2%
Net Income	$-214,558	$-324,554	-0.3%

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

100

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

$12,950

Total Directors

$30,200

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARTER MOSHER	PRESIDENT	5.00	Officer Director	$1,400	$0	$1,400
KALEMA GOODING	VICE PRESIDENT (BEGIN SEPT '23)	5.00	Officer Director	$1,800	$0	$1,800
SUMEET BABELAL VISHWAKARMA	VICE PRESIDENT (RESIGNED)	5.00	Officer Director	$0	$0	$0
ANGELINA BRIGGS	TREASURER (BEG SEPT '23)	5.00	Officer Director	$2,400	$0	$2,400
LARAIB ASIM	TREASURER (RESIGNED)	5.00	Officer Director	$0	$0	$0
MARY STOCKMAN	COORDINATOR OF ACADEMIC AFFAIRS (BEG FEB '24)	5.00	Officer Director	$900	$0	$900
JAKIRA BARRETT	COORDINATOR OF ACADEMIC AFFAIRS (RESIGNED)	5.00	Officer Director	$450	$0	$450
TIARA SMITH	COORDINATOR OF ACTIVITIES	1.00	Director	$1,800	$0	$1,800
ALEXANDER FINKEY	COORDINATOR OF THE ARTS	1.00	Director	$1,800	$0	$1,800
SARAH FEINGOLD	COORDINATOR OF CLUBS & ORGANIZATIONS	1.00	Director	$1,350	$0	$1,350
ARIEL WELLS	COORD. OF STUDENT AFFAIRS & DIVERSITY	1.00	Director	$1,800	$0	$1,800
SEAN ABARCA	COORD. OF STUDENT AFFAIRS & DIVERSITY (RESIGNED)	1.00	Director	$0	$0	$0
SHAHAD MONIR	SENATE (BEGIN SEPT '23)	1.00	Director	$1,200	$0	$1,200
ALEXANDER MESECK	SENATE	1.00	Director	$0	$0	$0
JONANTHONY TARLEN	SENATE	1.00	Director	$900	$0	$900
SANDESH POUDEL	SENATE	1.00	Director	$1,200	$0	$1,200
ARSHITA PANDEY	SENATE	1.00	Director	$1,200	$0	$1,200
ANUSHRI RAO	SENATE	1.00	Director	$1,200	$0	$1,200
TASMAYEE TAPAN JAGTAP	SENATE	1.00	Director	$1,200	$0	$1,200
DHIR JAIN	SENATE	1.00	Director	$1,200	$0	$1,200
MANUSH KALPESHBHAI PATEL	SENATE	1.00	Director	$1,200	$0	$1,200
AYUSH NEUPANE	SENATE	1.00	Director	$1,200	$0	$1,200
ARYAN RAJBHANDARI	SENATE	5.00	Officer Director	$1,200	$0	$1,200
ANKITA MANE	SENATE	5.00	Officer Director	$1,200	$0	$1,200
KHUSHI PATIL	SENATE (BEGIN SEPT '23)	5.00	Officer Director	$1,200	$0	$1,200
NAOMI ADEBAYO	SENATE	5.00	Officer Director	$1,200	$0	$1,200
MANSI MANDANKA	SENATE (RESIGNED)	5.00	Officer Director	$600	$0	$600
DIPEKSHYA KARKI	SENATE (RESIGNED)	5.00	Officer Director	$300	$0	$300
MIRANDA PABON	SENATE (RESIGNED)	5.00	Officer Director	$300	$0	$300
MEDEX ASSEMBA EBERE	SENATE (RESIGNED)	1.00	Director	$0	$0	$0
DHRUV SHAH	SENATE (RESIGNED)	1.00	Director	$0	$0	$0
AMANUEL GEZAHEGN	SENATE (RESIGNED)	1.00	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	$535,474	$750,032	$731,378	$-214,558
2023	$558,180	$882,734	$1,012,722	$-324,554
2022	$716,035	$561,196	$1,263,939	$154,839
2021	$563,990	$494,005	$1,155,278	$69,985
2020	$765,770	$622,148	$1,042,728	$143,622
2019	$1,125,459	$1,031,965	$928,052	$93,494
2018	$1,014,826	$985,371	$831,329	$29,455

STUDENT ASSOCIATION OF SUNY PLATTSBURGH