STATE UNIVERSITY OF NEW YORK POLYTECHNIC INSTITUTE FOUNDATION INC (EIN 237412413) - Form 990 Financial Analysis & Trantor Score

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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

1974

Legal Domicile

Principal Officer

ANDREA LAGATTA

Phone

3157927273

Tax Period

2024-07-01 to 2025-06-30

STATE UNIVERSITY OF NEW YORK POLYTECHNIC INSTITUTE FOUNDATION INC, founded in 1974, is a community nonprofit that reported $2.4M in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $961K, a strong 41% operating margin.

Mission

THE STATE UNIVERSITY OF NEW YORK POLYTECHNIC INSTITUTE FOUNDATION OPERATES PRIMARILY TO ENCOURAGE AND RECEIVE CHARITABLE CONTRIBUTIONS FOR THE BENEFIT OF THE STATE UNIVERSITY OF NEW YORK POLYTECHNIC INSTITUTE (SUNY POLY).

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,627,016

Program Service Revenue $0

Investment Income $772,541

Other Revenue $-37,944

TOTAL REVENUE $2,361,613

Expense Breakdown

Grants Paid $1,176,125

Salaries & Benefits $0

Fundraising Expenses $34,777

Program Expenses $1,176,125

Other Expenses $224,511

TOTAL EXPENSES $1,400,636

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,361,613	$1,956,270	+0.2%
Expenses	$1,400,636	$1,852,693	-0.2%
Net Income	$960,977	$103,577	+8.3%

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

200

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

$589,435

Total Directors

$648,550

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LYNN ROSEN	MEMBER	0.20	Director	$0	$0	$0
LOUIS LEOGRANDE	MEMBER	0.30	Director	$0	$0	$0
SCOTT MCCARTNEY	MEMBER	0.30	Director	$0	$0	$0
HEATHER HAGE	MEMBER	0.20	Director	$0	$0	$0
ANTHONY VENNERO	CHAIR	0.20	Officer Director	$0	$0	$0
JOANNE DONARUMA WADE	MEMBER	0.20	Director	$0	$0	$0
JOHN HOBIKA JR	MEMBER	0.30	Director	$0	$0	$0
JASMINKA HUSIC	VICE CHAIR	0.30	Officer Director	$0	$0	$0
MEGAN DISCHIAVO	FACULTY REP	0.20	Director	$0	$60,163	$155,012
MARY ELLEN BURDICK	TREASURER	0.50	Officer Director	$0	$133,858	$344,890
TRICIA STICCA	MEMBER	0.20	Director	$0	$0	$0
BRITTANY MORAWIEC	DIRECTOR OF COLLEGE HOUSING	0.20	Director	$0	$57,693	$148,648
JENNIFER TOWNS	MEMBER	0.20	Director	$0	$0	$0
GINA SURACE	MEMBER	0.20	Director	$0	$0	$0
ANDREA LAGATTA	EXECUTIVE DIRECTOR	40.00	Officer	$0	$94,912	$244,545

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	$2,361,613	$1,400,636	$11,600,782	$960,977
2024	$1,956,270	$1,852,693	$10,265,639	$103,577
2023	$1,032,819	$929,794	$12,847,316	$103,025
2022	$2,985,711	$1,005,548	$11,650,114	$1,980,163
2021	$3,548,562	$630,140	$10,768,820	$2,918,422
2020	$674,394	$667,531	$7,716,170	$6,863
2019	$535,031	$528,343	$7,682,547	$6,688

STATE UNIVERSITY OF NEW YORK POLYTECHNIC INSTITUTE FOUNDATION INC