BRIGHTON SCHOOL ALUMNI ASSOCIATION INC

EIN: 161605107 501(c)(3) Education

ROCHESTER, NY

Total Revenue
$24,391
Total Expenses
$46,489
Total Assets
$478,564
Net Assets
$478,564
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
NY
Principal Officer
STEVE GAUDIOSO
Phone
5857381538
Tax Period
2023-01-01 to 2023-12-31

BRIGHTON SCHOOL ALUMNI ASSOCIATION INC, founded in 2001, is a micro nonprofit in the Education sector that reported $24K in total revenue in fiscal year 2023. Revenue surged 155% from the prior year, signaling strong growth momentum. Expenses of $46K exceeded revenue, resulting in a 91% operating deficit.

Mission

SUPPORT THE EDUCATIONAL MISSION OF BRIGHTON CENTRAL SCHOOL DISTRICT THROUGH ALUMNI EVENTS AND PROJECTS FOR THE STUDENTS.

Program Service Accomplishments

Program 1
Expenses: $23,500

SCHOLARSHIP FUND - THE SCHOLARSHIP FUND HAS ACCUMULATED OVER THE YEARS FROM ALUMNI CONTRIBUTIONS AND THE REINVESTMENT OF THE EARNINGS. IN 2023 THE ORGANIZATION PROVIDED SCHOLARSHIPS TO 9 BRIGHTON...

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SCHOLARSHIP FUND - THE SCHOLARSHIP FUND HAS ACCUMULATED OVER THE YEARS FROM ALUMNI CONTRIBUTIONS AND THE REINVESTMENT OF THE EARNINGS. IN 2023 THE ORGANIZATION PROVIDED SCHOLARSHIPS TO 9 BRIGHTON GRADUATES FOR A TOTAL OF $22,500. IN 2020, THE ALUMNI ASSOCIATION STARTED THE HART-THOMAS SCHOLARSHIP IN MEMORY OF BRIGHTON HIGH SCHOOL ENGLISH TEACHER ELIZABETH HART AND 12 CORNERS MIDDLE SCHOOL ENGLISH TEACHER LOUISE THOMAS. A $1,000 SCHOLARSHIP IS ISSUED ANNUALLY TO A STUDENT IN RECOGNITION OF THEIR WRITING SKILLS, THEIR INTENT TO BECOME PUBLISHED AUTHOR AND WERE PROFILED IN THE BSAA'S 13TH CORNER NEWSLETTER.

Program 2
Expenses: $17,857 Revenue: $4,905

ALUMNI PRESENTATIONS AND EVENTS - THE HALL OF FAME HONORS PAST GRADUATES WHO HAVE BEEN OUTSTANDING IN THEIR FIELD WITH A DINNER IN JUNE. IN 2023, THREE NEW MEMBERS WERE INDUCTED TO THE HALL OF...

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ALUMNI PRESENTATIONS AND EVENTS - THE HALL OF FAME HONORS PAST GRADUATES WHO HAVE BEEN OUTSTANDING IN THEIR FIELD WITH A DINNER IN JUNE. IN 2023, THREE NEW MEMBERS WERE INDUCTED TO THE HALL OF FAME.THE ORGANIZATION APPROVED AND MADE A CONTRIBUTION OF $8000 IN JANUARY 2023 TO THE BRIGHTON HIGH SCHOOL (BHS) HARDSHIP FUND TO PROVIDE SUBSIDIES FOR STUDENTS WITH FINANCIAL NEED TO PARTICIPATE IN CONFERENCES, TRAVEL OPPORTUNITIES OR COMPETITIONS AS DESIGNATED BY THE SCHOOL.IN ADDITION, IN DECEMBER 2023, THE ORGANIZATION MADE A CONTRIBUTION OF $2200 TO THE PREVENTION NETWORK FOR 10 BHS STUDENTS PLUS 1 FACULTY ADVISOR TO ATTEND THE NEW YORK STATE TEEN INSTITUTE LEADERSHIP CONFERENCE IN 2024.

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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 $12,679
Program Service Revenue $4,905
Investment Income $6,807
Other Revenue $0
TOTAL REVENUE $24,391

Expense Breakdown

Grants Paid $33,700
Salaries & Benefits $0
Fundraising Expenses $4,317
Program Expenses $41,357
Other Expenses $12,789
TOTAL EXPENSES $46,489

Year-over-Year Comparison

2023 2022 Change
Revenue $24,391 $9,559 +1.6%
Expenses $46,489 $36,750 +0.3%
Net Income $-22,098 $-27,191 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
8

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
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARYJANE LINK VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
RUTH THALER-CARTER SECRETARY 1.00
Officer Director
$0 $0 $0
MARCI LOOMIS BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE GAUDIOSO PRESIDENT 1.00
Officer Director
$0 $0 $0
BURT WEINSTEIN BOARD MEMBER 1.00
Director
$0 $0 $0
KAY SALERNO BOARD MEMBER 1.00
Director
$0 $0 $0
VICTORIA BRZUSTOWICZ BOARD MEMBER 1.00
Director
$0 $0 $0
SCOTT ANTHONY TREASURER 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
2023 $24,391 $46,489 $478,564 $-22,098
2022 $9,559 $36,750 $407,280 $-27,191
2021 $13,355 $30,590 $544,522 $-17,235
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