SUNY IMPACT FOUNDATION INC

🔒

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

Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

NISHA ATRE

Phone

2123645788

Tax Period

2024-07-01 to 2025-06-30

SUNY IMPACT FOUNDATION INC, founded in 2016, is a mid-sized nonprofit in the Education sector that reported $14.6M in total revenue in fiscal year 2024.

Mission

THE SUNY IMPACT FOUNDATION'S MISSION IS TO SUPPORT SUNY IN TAKING WHAT WORKS TO SCALE TO DRIVE STUDENT SUCCESS. THE FOUNDATION WORKS WITH PHILANTHROPIES AND PRIVATE SECTOR PARTNERS TO LEVERAGE INVESTMENTS IN STUDENT SUCCESS INITIATIVES THAT IMPACT ACCESS, RETENTION, COMPLETION, AND CAREER READINESS FOR STUDENTS ACROSS THE STATE UNIVERSITY OF NEW YORK (SUNY) SYSTEM.

Program Service Accomplishments

Program 1

Expenses: $9,899,428

NEW YORK STATE ("NYS") TAX CREDIT PROGRAM: THE ORGANIZATION IS AUTHORIZED BY NYS TO ADMINISTER A TAX CREDIT PROGRAM, WHEREBY INDIVIDUAL TAXPAYERS MAKING AUTHORIZED CONTRIBUTIONS TO THE ORGANIZATION MAY BE ELIGIBLE TO CLAIM A NYS TAX CREDIT EQUAL TO 85% OF THE DONATION AMOUNT FOR THE TAX YEAR AFTER THE DONATION IS MADE. FUNDS RECEIVED UNDER THIS PROGRAM ARE USED TO SUPPORT A VARIETY OF SUNY SYSTEM-WIDE INITIATIVES AND SUNY SCHOOLS.

Program 2

Expenses: $3,450,351

SUPPORT OF SUNY SYSTEM AND CAMPUS INITIATIVES: GRANTS AND DONATIONS TO THE ORGANIZATION FROM THE PHILANTHROPIC COMMUNITY AND CORPORATE PARTNERS ARE USED TO EXPAND ACCESS TO ACADEMIC EXCELLENCE...

SUPPORT OF SUNY SYSTEM AND CAMPUS INITIATIVES: GRANTS AND DONATIONS TO THE ORGANIZATION FROM THE PHILANTHROPIC COMMUNITY AND CORPORATE PARTNERS ARE USED TO EXPAND ACCESS TO ACADEMIC EXCELLENCE, SERVICE LEARNING AND STUDENT WELL-BEING THROUGH GRANTMAKING FOR SUNY'S RESEARCH UNIVERSITIES, ACADEMIC MEDICAL CENTERS, LIBERAL ARTS COLLEGES, COMMUNITY COLLEGES AND COLLEGES OF TECHNOLOGY THAT COMPRISE THE SUNY SYSTEM.

Program 3

Expenses: $1,246,943

SUPPORT OF SUNY SCHOLARSHIPS AND FELLOWSHIPS: GRANTS AND DONATIONS TO THE ORGANIZATION ARE USED TO MAKE GRANTS AVAILABLE TO SUNY RESEARCH UNIVERSITIES, ACADEMIC MEDICAL CENTERS, LIBERAL ARTS...

SUPPORT OF SUNY SCHOLARSHIPS AND FELLOWSHIPS: GRANTS AND DONATIONS TO THE ORGANIZATION ARE USED TO MAKE GRANTS AVAILABLE TO SUNY RESEARCH UNIVERSITIES, ACADEMIC MEDICAL CENTERS, LIBERAL ARTS COLLEGES, COMMUNITY COLLEGES AND COLLEGES OF TECHNOLOGY THAT ARE PART OF THE SUNY SYSTEM.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $14,574,086

Program Service Revenue $0

Investment Income $32,581

Other Revenue $0

TOTAL REVENUE $14,606,667

Expense Breakdown

Grants Paid $14,606,645

Salaries & Benefits $45,526

Fundraising Expenses $0

Program Expenses $14,640,626

Other Expenses $118,604

TOTAL EXPENSES $14,770,775

Year-over-Year Comparison

	2024	2023	Change
Revenue	$14,606,667	$13,855,479	+0.1%
Expenses	$14,770,775	$11,805,094	+0.3%
Net Income	$-164,108	$2,050,385	-1.1%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$2,047,586

Total Directors

$1,528,505

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN B KING JR	CHAIRPERSON	0.10	Officer Director	$0	$371,236	$1,528,505
JOSEPH BELLUCK	SECRETARY AND DIRECTOR	0.00	Officer Director	$0	$0	$0
BARBARALEE DIAMONSTEIN-SPIELVOGEL	DIRECTOR	0.00	Director	$0	$0	$0
MERRYL TISCH	DIRECTOR	0.00	Director	$0	$0	$0
NISHA ATRE	EXECUTIVE DIRECTOR	40.00	Officer	$0	$101,822	$339,098
KATHLEEN BARDOLF	DIR. OF FINANCE & ADMIN/OPERATIONS	27.00	Officer	$0	$33,224	$179,983
MARIANNE HASSAN	FORMER ACTING EXECUTIVE DIRECTOR	2.00		$0	$79,327	$327,537

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	$14,606,667	$14,770,775	$4,823,231	$-164,108
2024	$13,855,479	$11,805,094	$4,361,703	$2,050,385
2023	$11,509,044	$11,435,841	$1,907,662	$73,203
2022	$8,847,404	$9,806,679	$1,805,430	$-959,275
2021	$5,568,556	$14,718,485	$2,756,366	$-9,149,929
2020	$14,502,511	$4,556,878	$12,225,109	$9,945,633
2019	$1,349,690	$965,386	$1,242,950	$384,304