STUDENT SENATE OF THE STATE UNIVERSITY COLLEGE AT ALFRED (EIN 161088555) - 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

1951

Legal Domicile

Principal Officer

SPENCER PEAVEY

Phone

6075874375

Tax Period

2024-07-01 to 2025-06-30

STUDENT SENATE OF THE STATE UNIVERSITY COLLEGE AT ALFRED, founded in 1951, is a small nonprofit that reported $778K in total revenue in fiscal year 2024.

Mission

THE STUDENT SENATE PROVIDES FUNDING FOR STUDENT CLUBS AND ORGANIZATIONS WITHIN THE CAMPUS COMMUNITY. THE STUDENT SENATE ALSO MANAGES THE COLLECTION AND DISTRIBUTION OF THE STUDENT ACTIVITIES FEE PER SUNY GUIDELINES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $773,195

Investment Income $4,474

Other Revenue $0

TOTAL REVENUE $777,669

Expense Breakdown

Grants Paid $0

Salaries & Benefits $162,508

Fundraising Expenses $0

Program Expenses $585,823

Other Expenses $657,626

TOTAL EXPENSES $820,134

Year-over-Year Comparison

	2024	2023	Change
Revenue	$777,669	$730,030	+0.1%
Expenses	$820,134	$928,289	-0.1%
Net Income	$-42,465	$-198,259	-0.8%

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

Volunteers

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
UNIQUE ISLOM	PRESIDENT & CHAIR	2.00	Officer Director	$0	$0	$0
JALON RAINEY	EXECUTIVE VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
DANIEL MITCHELL-BROWN	VP OF DIVERSITY, INCLUSION	2.00	Director	$0	$0	$0
ADAM KARAM	VP OF STUDENT LIFE	2.00	Director	$0	$0	$0
JANIESHA DURENY	VP OF WELLSVILLE AFFAIRS	2.00	Director	$0	$0	$0
SHANIYA NATT	VP OF FINANCE	2.00	Director	$0	$0	$0
VICTORIA RECH	VP OF RECORDS & ORGANIZATION	2.00	Director	$0	$0	$0
JOSHUA ROSARIO	VP OF COMMUTER AFFAIRS	2.00	Director	$0	$0	$0
JAMES PRENDERGAST	VP OF STUDENT ENGAGEMENT	2.00	Director	$0	$0	$0
SARAH MILLER	VP OF ACADEMIC & TECHNOLOGY AFFAIRS	2.00	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	$777,669	$820,134	$593,475	$-42,465
2024	$730,030	$928,289	$629,087	$-198,259
2023	$711,411	$747,192	$830,239	$-35,781
2022	$596,790	$657,797	$866,735	$-61,007
2021	$822,712	$557,838	$917,301	$264,874
2020	$687,258	$594,861	$641,928	$92,397
2019	$790,376	$794,614	$549,287	$-4,238
2018	$778,232	$785,842	$553,525	$-7,610

STUDENT SENATE OF THE STATE UNIVERSITY COLLEGE AT ALFRED