FARMINGDALE STATE COLLEGE STUDENT GOVERNMENT ASSOCIATION INC (EIN 841953155) - 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

2019

Legal Domicile

Principal Officer

JAIRO OROZCO

Tax Period

2023-07-01 to 2024-06-30

FARMINGDALE STATE COLLEGE STUDENT GOVERNMENT ASSOCIATION INC, founded in 2019, is a community nonprofit in the Education sector that reported $1.9M in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $285K, a strong 15% operating margin.

Mission

The Student Government Association is a unified voice of the student body at large. We fight for the rights of every student. We are an active governing body that represents You. We strive to solve any social, intellectual, and cultural needs of our students. We fund 70+ student organizaitons and work with them to create fun and educational events on campus.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,807,317

Investment Income $44,291

Other Revenue $1,895

TOTAL REVENUE $1,853,503

Expense Breakdown

Grants Paid $0

Salaries & Benefits $113,260

Fundraising Expenses $0

Program Expenses $1,267,286

Other Expenses $1,455,570

TOTAL EXPENSES $1,568,830

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,853,503	$1,714,316	+0.1%
Expenses	$1,568,830	$1,372,672	+0.1%
Net Income	$284,673	$341,644	-0.2%

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

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

$10,400

Total Directors

$37,075

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAIRO OROZCO	Treasurer	5.00	Officer Director	$2,600	$0	$2,600
JOANNE JOHNSON	Secretary	5.00	Officer Director	$2,600	$0	$2,600
KELLY GRACE WYLIE	Vice President	5.00	Officer Director	$2,600	$0	$2,600
DESTINI BUCHANAN	President	5.00	Officer Director	$2,600	$0	$2,600
MAZEN SAMIR KAPADI	Trustee	5.00	Director	$1,600	$0	$1,600
KARLA FOSTER	Trustee	5.00	Director	$1,600	$0	$1,600
OSCAR BONILLA	Trustee	5.00	Director	$1,600	$0	$1,600
VITO POSTIGLIONE	Trustee	5.00	Director	$1,600	$0	$1,600
AMANDA MORRISON	Trustee	5.00	Director	$1,575	$0	$1,575
JESSICA CHACKO	Trustee	5.00	Director	$1,575	$0	$1,575
RAINELY ELVIRA	Trustee	5.00	Director	$1,550	$0	$1,550
CARL HENRY DENAUD	Trustee	5.00	Director	$1,550	$0	$1,550
DAVID MARIYASIN	Trustee	5.00	Director	$1,550	$0	$1,550
GIANCARLOS SOLANO	Trustee	5.00	Director	$1,525	$0	$1,525
ASHLEY T CONIGLIARO	Trustee	5.00	Director	$800	$0	$800
ADEOLUWASEWA IDOWU	Trustee	5.00	Director	$800	$0	$800
CHANNON LAWRENCE	Trustee	5.00	Director	$800	$0	$800
JACK KOLLAR	Trustee	5.00	Director	$800	$0	$800
KONNER STEPHEN	Trustee	5.00	Director	$800	$0	$800
MICHELLE TORRES	Trustee	5.00	Director	$800	$0	$800
MURTAZA TAYABALI	Trustee	5.00	Director	$800	$0	$800
NATASHA JONES	Trustee	5.00	Director	$800	$0	$800
SYRIAH MARTIN	Trustee	5.00	Director	$800	$0	$800
JOSHUA HANDLEY	Trustee	5.00	Director	$800	$0	$800
EMELY ARIZAGA-MOLINA	Trustee	5.00	Director	$775	$0	$775
MUHAMMAD ABDULLAH ATIF	Trustee	5.00	Director	$750	$0	$750
USHA AHMMED BEGUM	Trustee	5.00	Director	$725	$0	$725
AUSTIN CAMBRIA	Trustee	5.00	Director	$700	$0	$700
KENNETH TAX	Trustee	5.00	Director	$0	$0	$0
KATE CALABRESE	Trustee	5.00	Director	$0	$0	$0
FATOMA RAD	Trustee	5.00	Director	$0	$0	$0
LUKAS MEIDREICH	Trustee	5.00	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	No data	No data	No data	No data
2024	$1,853,503	$1,568,830	$3,884,261	$284,673
2023	$1,714,316	$1,372,672	$3,583,075	$341,644
2022	$7,290	$872,415	$3,195,165	$-865,125
2021	$686,967	$337,309	$4,044,192	$349,658
2020	$1,381,994	$691,519	$3,767,643	$690,475

FARMINGDALE STATE COLLEGE STUDENT GOVERNMENT ASSOCIATION INC