SYRACUSE UNIVERSITY ALUMNI ASSOCIA… - Form 990 Financial Data

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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

1993

Legal Domicile

Principal Officer

PETER GIANESINI JR

Phone

3154433408

Tax Period

2022-07-01 to 2023-06-30

SYRACUSE UNIVERSITY ALUMNI ASSOCIATION INC, founded in 1993, is a micro nonprofit in the Education sector that reported $13K in total revenue in fiscal year 2022. Revenue fell 72% from the prior year — a significant decline worth monitoring. Expenses of $65K exceeded revenue, resulting in a 419% operating deficit.

Mission

THE PRIMARY EXEMPT PURPOSE OF THE SYRACUSE UNIVERSITY ALUMNI ASSOCIATION, INC. IS TO PROMOTE, FOSTER AND ENCOURAGE ALUMNI AND FRIENDS OF SYRACUSE UNIVERSITY TO MAINTAIN PERSONAL INVOLVEMENT IN, AND FINANCIAL SUPPORT OF THE ACTIVITIES OF SYRACUSE UNIVERSITY AS AN INSTITUTION COMMITTED TO PROMOTING LEARNING THROUGH TEACHING, RESEARCH, SCHOLARSHIP, CREATIVE ACCOMPLISHMENT AND SERVICE. THE ASSOCIATION INCLUDES THE CHARTERED ALUMNI CLUBS IN MANY CITIES WITHIN THE UNITED STATES.

Program Service Accomplishments

Program 1

Expenses: $61,670 Revenue: $732

SYRACUSE UNIVERSITY ALUMNI ASSOCIATION CREATES AN ENVIRONMENT IN WHICH SYRACUSE UNIVERSITY ALUMNI, FORMER STUDENTS, PARENTS, STUDENTS AND FRIENDS BECOME AND STAY CONNECTED TO THE UNIVERSITY AND...

SYRACUSE UNIVERSITY ALUMNI ASSOCIATION CREATES AN ENVIRONMENT IN WHICH SYRACUSE UNIVERSITY ALUMNI, FORMER STUDENTS, PARENTS, STUDENTS AND FRIENDS BECOME AND STAY CONNECTED TO THE UNIVERSITY AND SUPPORT IT WITH THEIR WORK, WISDOM, AND WEALTH. THE ALUMNI ASSOCIATION IMPLEMENTS ITS MISSION IN PARTNERSHIP WITH THE UNIVERSITY'S OFFICE OF ALUMNI RELATIONS. ALUMNI CLUB EVENTS WERE HELD, FOSTERING SUPPORT OF SYRACUSE UNIVERSITY AMONG ALUMNI AND ENABLING GRANTS TO BE MADE TO THE UNIVERSITY'S GENERAL SCHOLARSHIP FUND AS WELL AS SCHOLARSHIPS AWARDED DIRECTLY TO STUDENTS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $19,477

Program Service Revenue $281

Investment Income $3,179

Other Revenue $-10,352

TOTAL REVENUE $12,585

Expense Breakdown

Grants Paid $45,639

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $61,670

Other Expenses $19,717

TOTAL EXPENSES $65,356

Year-over-Year Comparison

	2022	2021	Change
Revenue	$12,585	$44,412	-0.7%
Expenses	$65,356	$68,336	0.0%
Net Income	$-52,771	$-23,924	+1.2%

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

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

$198,315

Total Directors

$52,233

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MONIQUE FROST	SECRETARY	2.00	Officer Director	$0	$4,465	$52,233
CHRISTINE ABBOTT	DIRECTOR AND CHAIR	1.00	Director	$0	$0	$0
SCOTT BELLIN	DIRECTOR	1.00	Director	$0	$0	$0
ALONNA BERRY	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW BROWN	DIRECTOR	1.00	Director	$0	$0	$0
DAVID BRUEN	STUDENT MEMBER	1.00	Director	$0	$0	$0
JERMIE COZART	DIRECTOR	1.00	Director	$0	$0	$0
YOUSR DHAOUADI	STUDENT MEMBER	1.00	Director	$0	$0	$0
ELIZABETH DWYER	VICE PRESIDENT AND CHAIR	1.00	Officer Director	$0	$0	$0
BILL GARGANO	DIRECTOR AND CHAIR	1.00	Director	$0	$0	$0
PETER GIANESINI	PRESIDENT ELECT	1.00	Officer Director	$0	$0	$0
ANNA GINELLI	STUDENT MEMBER	1.00	Director	$0	$0	$0
SHERI ASKEW-JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
JESSICA KERSHAW	DIRECTOR AND CHAIR	1.00	Director	$0	$0	$0
EVE MARSAN	DIRECTOR AND CHAIR	1.00	Director	$0	$0	$0
KATHERINE MCCORMICK	DIRECTOR	1.00	Director	$0	$0	$0
RYAN MCNAUGHTON	PRESIDENT	1.00	Officer Director	$0	$0	$0
PATRICIA MIETH	DIRECTOR	1.00	Director	$0	$0	$0
ALLISON MITCHELL	DIRECTOR	1.00	Director	$0	$0	$0
CAREY NG	VICE PRESIDENT AND CHAIR	1.00	Officer Director	$0	$0	$0
ANDREW REGALADO	CHAIR	1.00	Director	$0	$0	$0
FRANK SLAZER	DIRECTOR	1.00	Director	$0	$0	$0
RYAN ST JEAN	STUDENT MEMBER	1.00	Director	$0	$0	$0
BENJAMIN VASQUEZ	DIRECTOR	1.00	Director	$0	$0	$0
KATIE WALPOLE	DIRECTOR	1.00	Director	$0	$0	$0
LAUREN VILLANEUVA	INTERIM TREASURER	2.00	Officer	$0	$20,773	$146,082

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	No data	No data	No data	No data
2023	$12,585	$65,356	$428,957	$-52,771
2022	$44,412	$68,336	$479,899	$-23,924
2021	$27,844	$46,747	$507,986	$-18,903
2020	$104,746	$136,203	$523,411	$-31,457
2019	$192,437	$208,425	$561,107	$-15,988
2018	$182,856	$308,688	$572,354	$-125,832

SYRACUSE UNIVERSITY ALUMNI ASSOCIATION INC