SCHENECTADY STUDENT AID FUND INC (EIN 146024997) - 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

1932

Legal Domicile

Phone

5183813643

Tax Period

2025-01-01 to 2025-12-31

SCHENECTADY STUDENT AID FUND INC, founded in 1932, is a micro nonprofit in the Education sector that reported $25K in total revenue in fiscal year 2025. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $22K left a modest 10% surplus.

Mission

TO PROVIDE SCHOLARSHIPS AND FINANCIAL AID TO NEEDY, ACADEMICALLY QUALIFIED STUDENTS OF AN INNER CITY SCHOOL.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $24,873

Other Revenue $0

TOTAL REVENUE $24,873

Expense Breakdown

Grants Paid $20,000

Salaries & Benefits $1,721

Fundraising Expenses $0

Program Expenses $20,000

Other Expenses $650

TOTAL EXPENSES $22,371

Year-over-Year Comparison

	2025	2024	Change
Revenue	$24,873	$21,196	+0.2%
Expenses	$22,371	$22,379	0.0%
Net Income	$2,502	$-1,183	-3.1%

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

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
N/A	TRUSTEE	1.00		$1,721	$0	$1,721
JOHN ERICKSON	DIRECTOR	1.00	Director	$0	$0	$0
BETTY EWING	DIRECTOR	1.00	Director	$0	$0	$0
ALEXANDER LAROCCO	DIRECTOR	1.00	Director	$0	$0	$0
VICTOR MAZZOTTI	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL STAHL	DIRECTOR	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	$24,873	$22,371	$252,120	$2,502
2024	$21,196	$22,379	$249,618	$-1,183
2023	$17,204	$22,234	$250,801	$-5,030
2022	$15,169	$20,323	$255,831	$-5,154
2021	$40,772	$20,457	$260,985	$20,315
2020	$14,703	$18,026	$240,670	$-3,323
2019	$13,248	$15,194	$243,993	$-1,946

SCHENECTADY STUDENT AID FUND INC