BUFFALO STATE ALUMNI ASSOCIATION INC

EIN: 166041024 501(c)(3) Education

BUFFALO, NY

Total Revenue
$93,791
Total Expenses
$135,209
Total Assets
$756,123
Net Assets
$740,821
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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
1937
Legal Domicile
NY
Principal Officer
STACY E LEWIS-BEAUFORD
Phone
7168786001
Tax Period
2024-07-01 to 2025-06-30

BUFFALO STATE ALUMNI ASSOCIATION INC, founded in 1937, is a micro nonprofit in the Education sector that reported $94K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $135K exceeded revenue, resulting in a 44% operating deficit.

Mission

TO PROMOTE AND SUPPORT THE RELATIONSHIP BETWEEN THE UNIVERSITY AND ITS ALUMNI.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,924
Program Service Revenue $15,936
Investment Income $35,870
Other Revenue $39,061
TOTAL REVENUE $93,791

Expense Breakdown

Grants Paid $25,206
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $91,106
Other Expenses $110,003
TOTAL EXPENSES $135,209

Year-over-Year Comparison

2024 2023 Change
Revenue $93,791 $106,269 -0.1%
Expenses $135,209 $133,894 +0.0%
Net Income $-41,418 $-27,625 +0.5%
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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Governance

Voting Members
17
Independent Members
17
Employees
N/A
Volunteers
17

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
4
$0
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STACY E LEWIS-BEAUFORD PRESIDENT 1.00
Officer Director
$0 $0 $0
JANE E GILBRIDE VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MAUREEN HAMMETT SECRETARY 1.00
Officer Director
$0 $0 $0
DAVID J ZAPFEL TREASURER 1.00
Officer Director
$0 $0 $0
SHELDON L ANDERSON DIRECTOR 1.00
Director
$0 $0 $0
ARA H BAGDASARIAN DIRECTOR 1.00
Director
$0 $0 $0
RAVEN BAXTER DIRECTOR 1.00
Director
$0 $0 $0
JOHN D BYRON DIRECTOR 1.00
Director
$0 $0 $0
JAMES W DUNCAN DIRECTOR 1.00
Director
$0 $0 $0
CLAUDINE M EWING DIRECTOR 1.00
Director
$0 $0 $0
PAUL M HERLAN DIRECTOR 1.00
Director
$0 $0 $0
MARSHA D JACKSON DIRECTOR 1.00
Director
$0 $0 $0
CLAUDIA A MARSCHALL DIRECTOR 1.00
Director
$0 $0 $0
LATRESE N MYERS DIRECTOR 1.00
Director
$0 $0 $0
SUE C SIMS DIRECTOR 1.00
Director
$0 $0 $0
RICHARD J TRIGILIO DIRECTOR 1.00
Director
$0 $0 $0
JEROME E WSZALEK 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 $93,791 $135,209 $756,123 $-41,418
2024 $106,269 $133,894 $758,839 $-27,625
2023 $89,703 $123,338 $757,260 $-33,635
2022 $104,505 $95,503 $770,498 $9,002
2021 $98,117 $51,803 $887,366 $46,314
2020 $81,885 $82,536 $772,356 $-651
2019 $243,027 $174,849 $779,654 $68,178
2018 $270,100 $197,470 $713,297 $72,630
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