UNIVERSITY AT BUFFALO FOUNDATION INCUBATOR INC

EIN: 161301210 501(c)(3) Education

BUFFALO, NY

Total Revenue
$629,016
Total Expenses
$596,695
Total Assets
$1,276,381
Net Assets
$1,079,400
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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
1988
Legal Domicile
NY
Principal Officer
ANASTACIA S KNAPPER
Phone
7166453011
Tax Period
2023-07-01 to 2024-06-30

UNIVERSITY AT BUFFALO FOUNDATION INCUBATOR INC, founded in 1988, is a small nonprofit in the Education sector that reported $629K in total revenue in fiscal year 2023. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $597K left a modest 5% surplus.

Mission

THE ORGANIZATION OPERATES AN INCUBATOR FACILITY TO IDENTIFY AND AID START-UP BUSINESSES WITH A PURPOSE OF STIMULATING DEVELOPMENT AND INCREASING INTERACTION BETWEEN THE UNIVERSITY AT BUFFALO AND SUCH BUSINESSES.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $39,966
Program Service Revenue $589,050
Investment Income $0
Other Revenue $0
TOTAL REVENUE $629,016

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $596,695
Other Expenses $596,695
TOTAL EXPENSES $596,695

Year-over-Year Comparison

2023 2022 Change
Revenue $629,016 $888,027 -0.3%
Expenses $596,695 $639,441 -0.1%
Net Income $32,321 $248,586 -0.9%
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

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
7

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
3
$708,668
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID CHIAZZA DIRECTOR 1.00
Director
$0 $0 $0
SUJATA YALAMANCHILI DIRECTOR (THRU 12/31/2023) 1.00
Director
$0 $0 $0
DANIEL HAMISTER VICE CHAIR/DIRECTOR 1.00
Director
$0 $0 $0
JEAN POWERS DIRECTOR 1.00
Director
$0 $0 $0
RONALD SCHREIBER DIRECTOR 1.00
Director
$0 $0 $0
DANIELLE SHAINBROWN DIRECTOR 1.00
Director
$0 $0 $0
STEVEN H SHEPSMAN CHAIR/DIRECTOR 1.00
Officer Director
$0 $0 $0
ANASTACIA KNAPPER CHIEF EXECUTIVE OFFICER 2.00
Officer
$0 $68,156 $430,050
PATRICK RICHEY CHIEF FINANCIAL OFFICER 2.00
Officer
$0 $29,814 $278,618
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 $629,016 $596,695 $1,276,381 $32,321
2023 $888,027 $639,441 $1,291,042 $248,586
2022 $542,734 $612,370 $1,153,707 $-69,636
2021 $514,395 $541,145 $1,169,048 $-26,750
2020 $1,738,503 $481,841 $1,168,732 $1,256,662
2019 $512,291 $490,788 $1,050,352 $21,503
2018 $493,570 $509,107 $1,024,307 $-15,537
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