CUNY SCHOOL OF PROFESSIONAL STUDIES FOUNDATION INC

EIN: 452579691 501(c)(3) Education

NEW YORK, NY

Total Revenue
$442,679
Total Expenses
$393,516
Total Assets
$1,029,923
Net Assets
$992,620
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
NY
Principal Officer
BLAKE FOOTE
Phone
6466648670
Tax Period
2024-07-01 to 2025-06-30

CUNY SCHOOL OF PROFESSIONAL STUDIES FOUNDATION INC, founded in 2011, is a small nonprofit in the Education sector that reported $443K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $394K left a modest 11% surplus.

Mission

THE FOUNDATION IS OPERATED EXCLUSIVELY FOR THE CHARITABLE PURPOSE OF SUPPORTING THE SCHOOL OF PROFESSIONAL STUDIES, ACONSTITUENT UNIT OF THE CITY UNIVERSITY OF NEW YORK, BY DISBURSING SCHOLARSHIPS AND AWARDS TO ELIGIBLE 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $419,519
Program Service Revenue $0
Investment Income $23,079
Other Revenue $81
TOTAL REVENUE $442,679

Expense Breakdown

Grants Paid $338,013
Salaries & Benefits $0
Fundraising Expenses $20,903
Program Expenses $338,013
Other Expenses $55,503
TOTAL EXPENSES $393,516

Year-over-Year Comparison

2024 2023 Change
Revenue $442,679 $376,120 +0.2%
Expenses $393,516 $383,451 +0.0%
Net Income $49,163 $-7,331 -7.7%
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
16
Independent Members
16
Employees
N/A
Volunteers
26

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
7
$673,891
Total Directors
16
$625,375
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BEATRIZ DE LA TORRE MEMBER 1.00
Director
$0 $0 $0
NATALIE GREEN GILES MEMBER 1.00
Director
$0 $0 $0
DEBBIE ROSEN MEMBER 1.00
Director
$0 $0 $0
BLAKE FOOTE CHAIRPERSON 1.00
Officer Director
$0 $0 $0
JOEL COHEN VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
PATTI LIEBERMAN TRUSTEE 1.00
Officer Director
$0 $0 $0
DONATUS ANUSIONWU MEMBER 1.00
Director
$0 $0 $0
STEPHANIE BENJAMIN MEMBER 1.00
Director
$0 $0 $0
PAMELA BRIER MEMBER 1.00
Director
$0 $0 $0
LEA KILRAINE MEMBER 1.00
Director
$0 $0 $0
JASON KUBICA TREASURER 1.00
Officer Director
$0 $0 $0
BRENNON MARCANO MEMBER 1.00
Director
$0 $0 $0
NADINE MARTIN MEMBER 1.00
Director
$0 $0 $0
GARRETT MCGUIRE TABB DIRECTOR OF BUDGET AND FIN 40.00
Officer Director
$0 $70,169 $212,211
LISA BRAVERMAN DEAN 40.00
Officer Director
$0 $136,615 $413,164
JAY LANDAUER MEMBER 1.00
Director
$0 $0 $0
ANDREA BROWN EXECUTIVE DIRECTOR OF DEVT 40.00
Officer
$0 $16,042 $48,516
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 $442,679 $393,516 $1,029,923 $49,163
2024 $376,120 $383,451 $936,562 $-7,331
2023 $304,918 $499,093 $974,690 $-194,175
2022 $596,680 $571,605 $1,150,976 $25,075
2021 $466,828 $681,350 $1,186,097 $-214,522
2020 $619,341 $646,683 $1,961,802 $-27,342
2019 $678,765 $326,102 $1,963,430 $352,663
2018 $559,315 $172,963 $1,684,246 $386,352
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