SCHOOLNOVA AT STONY BROOK INC

EIN: 462930613 501(c)(3) Education

EAST SETAUKET, NY

Total Revenue
$660,081
Total Expenses
$557,206
Total Assets
$1,074,880
Net Assets
$933,272
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
NY
Principal Officer
MARINA POLONSKAIA
Phone
6319742539
Tax Period
2024-07-01 to 2025-06-30

SCHOOLNOVA AT STONY BROOK INC, founded in 2013, is a small nonprofit in the Education sector that reported $660K in total revenue in fiscal year 2024. The organization ran a surplus of $103K, a strong 16% operating margin.

Mission

THE PURPOSE OF THE CORPORATION IS FOR THE ADVANCEMENT OF EDUCATION WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, OR CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE TO MAINTAIN AND OPERATE A WEEKEND ENRICHMENT PROGRAM AND RELATED ACTIVITIES FOR PREK-12 CHILDREN AS A NOTFORPROFIT ENTERPRISE. THE CORPORATION ALSO HAS SUCH POWERS AS ARE NOW OR MAY HEREAFTER BE GRANTED BY THE GENERAL NOT-FOR-PROFIT CORPORATION ACT OF THE STATE OF NEW YORK.

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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 $44,989
Program Service Revenue $566,014
Investment Income $49,078
Other Revenue $0
TOTAL REVENUE $660,081

Expense Breakdown

Grants Paid $0
Salaries & Benefits $350,812
Fundraising Expenses $18,082
Program Expenses $372,994
Other Expenses $206,394
TOTAL EXPENSES $557,206

Year-over-Year Comparison

2024 2023 Change
Revenue $660,081 $640,643 +0.0%
Expenses $557,206 $544,291 +0.0%
Net Income $102,875 $96,352 +0.1%
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
28
Volunteers
18

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
$98,928
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREEA DRAGUT VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
SAYAN CHAKRABORTI DIRECTOR 2.00
Director
$0 $0 $0
CHRISTI KIM DIRECTOR 2.00
Director
$0 $0 $0
MARIA NIDA PRESIDENT 2.00
Officer Director
$0 $0 $0
DORENE PRICE SECRETARY 2.00
Officer Director
$0 $0 $0
QIONG WU TREASURER 2.00
Officer Director
$0 $0 $0
ALEX DOBOLI DIRECTOR 2.00
Director
$0 $0 $0
ABHINAV KUMAR DIRECTOR 2.00
Director
$0 $0 $0
MARINA POLONSKAIA EXECUTIVE DIRECTOR 40.00
Officer
$91,790 $7,138 $98,928
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 $660,081 $557,206 $1,074,880 $102,875
2024 $640,643 $544,291 $832,178 $96,352
2023 $576,126 $522,814 $695,048 $53,312
2022 $707,299 $499,811 $642,369 $207,488
2021 $612,425 $548,317 $592,292 $64,108
2020 $606,871 $647,541 $440,317 $-40,670
2020 $606,871 $488,670 $441,467 $118,201
2019 $520,795 $460,155 $252,182 $60,640
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