UNIVERSITY AT BUFFALO MEDICAL STUDENT POLITY INC (EIN 834107516) - 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

2018

Legal Domicile

Principal Officer

LUKE HOBIKA

Phone

7166455352

Tax Period

2024-08-01 to 2025-07-31

UNIVERSITY AT BUFFALO MEDICAL STUDENT POLITY INC, founded in 2018, is a small nonprofit in the Education sector that reported $420K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year.

Mission

POLITY IS THE MEDICAL STUDENT GOVERNMENT OF THE JACOBS SCHOOL OF MEDICINE AT THE UNIVERSITY AT BUFFALO. OUR MAIN GOAL IS TO WORK TOWARD THE BETTERMENT OF STUDENT LIFE WITHIN THE MEDICAL SCHOOL COMMUNITY. WE ACCOMPLISH THIS BY CATERING TO THE NEEDS OF THE STUDENTS, WHETHER THEY BE ACADEMIC, SOCIAL, OR EMOTIONAL.

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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 $62,475

Program Service Revenue $377,935

Investment Income $0

Other Revenue $-20,135

TOTAL REVENUE $420,275

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $410,897

Other Expenses $440,711

TOTAL EXPENSES $440,711

Year-over-Year Comparison

	2024	2023	Change
Revenue	$420,275	$462,715	-0.1%
Expenses	$440,711	$414,631	+0.1%
Net Income	$-20,436	$48,084	-1.4%

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

400

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LUKE HOBIKA	PRESIDENT	16.00	Officer Director	$0	$0	$0
KWABENA ACHEAMPONG	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
OLIVIA PERSIA	TREASURER	16.00	Officer Director	$0	$0	$0
RICHARD PASTERNACK	TREASURER	16.00	Officer Director	$0	$0	$0
FAIZAN MUNIR	SECRETARY	10.00	Officer Director	$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	$420,275	$440,711	$426,095	$-20,436
2024	$462,715	$414,631	$486,160	$48,084
2023	$375,926	$412,137	$402,553	$-36,211
2022	$335,569	$310,471	$465,283	$25,098
2021	$269,092	$137,739	$412,466	$131,353

UNIVERSITY AT BUFFALO MEDICAL STUDENT POLITY INC