STATE UNIVERSITY OF NY COLLEGE AT FARMINGDALE FOUNDATION

EIN: 237046497 501(c)(3) Education

FARMINGDALE, NY

Total Revenue
$8,346,717
Total Expenses
$2,171,594
Total Assets
$21,888,483
Net Assets
$21,769,981
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1954
Legal Domicile
NY
Principal Officer
ROBERT L VAN NOSTRAND
Phone
9344205305
Tax Period
2024-07-01 to 2025-06-30

STATE UNIVERSITY OF NY COLLEGE AT FARMINGDALE FOUNDATION, founded in 1954, is a community nonprofit in the Education sector that reported $8.3M in total revenue in fiscal year 2024. Revenue surged 127% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6.2M, a strong 74% operating margin.

Mission

TO PROVIDE EDUCATIONAL RELATED SERVICES

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,344,628
Program Service Revenue $0
Investment Income $1,784,953
Other Revenue $217,136
TOTAL REVENUE $8,346,717

Expense Breakdown

Grants Paid $1,056,218
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,882,843
Other Expenses $1,115,376
TOTAL EXPENSES $2,171,594

Year-over-Year Comparison

2024 2023 Change
Revenue $8,346,717 $3,684,266 +1.3%
Expenses $2,171,594 $2,160,951 +0.0%
Net Income $6,175,123 $1,523,315 +3.1%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
19
Independent Members
19
Employees
N/A
Volunteers
N/A

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
5
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID ANTAR DIRECTOR N/A
Director
$0 $0 $0
STEVE BELLO DIRECTOR N/A
Director
$0 $0 $0
RICHARD A CATALANO DIRECTOR N/A
Director
$0 $0 $0
JEROME D'ANTONE DIRECTOR N/A
Director
$0 $0 $0
SAL FERRO DIRECTOR N/A
Director
$0 $0 $0
JASON GOLDEN DIRECTOR N/A
Director
$0 $0 $0
VERONICA HENRY DIRECTOR N/A
Director
$0 $0 $0
GREG O'CONNOR DIRECTOR N/A
Director
$0 $0 $0
ROBERT PREZANT DIRECTOR N/A
Director
$0 $0 $0
SUSAN RING DIRECTOR N/A
Director
$0 $0 $0
ROBERT SANDLER DIRECTOR N/A
Director
$0 $0 $0
FRED SKOLNIK DIRECTOR N/A
Director
$0 $0 $0
VINCENT TEDECSO DIRECTOR N/A
Director
$0 $0 $0
ELIZABETH UZZO DIRECTOR N/A
Director
$0 $0 $0
KARA CANNON SECRETARY N/A
Officer
$0 $0 $0
MAUREEN P KNOTT 2ND VICE PRE N/A
Officer
$0 $0 $0
VINCENT NAAB TREASURER N/A
Officer
$0 $0 $0
ROBERT L VAN NOSTRAND PRESIDENT N/A
Officer
$0 $0 $0
JOHN WITTERSCHEIN 1ST VICE PRE N/A
Officer
$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 $8,346,717 $2,171,594 $21,888,483 $6,175,123
2024 $3,684,266 $2,160,951 $15,703,047 $1,523,315
2023 $5,267,893 $2,292,105 $14,098,292 $2,975,788
2022 $3,022,893 $1,039,724 $10,554,689 $1,983,169
2021 $1,953,895 $857,110 $10,185,620 $1,096,785
2020 $927,269 $691,929 $7,703,162 $235,340
2019 $1,242,978 $583,275 $7,413,868 $659,703
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare STATE UNIVERSITY OF NY COLLEGE AT FARMINGDALE FOUNDATION with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.