School of Management Alumni Association State University of Ny at Buffalo

Nonprofit profile at a glance

EIN
222328457
IRS 990-EZ coverage
2022–2023
Forms available
Form 990 2021, Form 990-EZ 2023
Location
Buffalo, NY, USA
Phone
7166453224
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Alumni Associations

Official website

Reported finances

Revenue
$95,712
Expenses
$94,404
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • SUDHA BOMMIDI (PRESIDENT)
  • JAMES D MACRI (VICE PRESIDENT - BOARD ENGAGEMENT)
  • CHRISTOPHER EGLIN (VICE PRESIDENT- PROGRAM DEVELOPMENT)
  • MATTHEW HALICKI (VICE PRESIDENT - FACULTY RELATIONS)
  • DAVID READING (VICE PRESIDENT - STUDENT RELATION)
  • ANDREW PEER (VICE PRESIDENT - NOMINATIONS)

People named in this filing

  • SUDHA BOMMIDI (PRESIDENT)
  • JAMES D MACRI (VICE PRESIDENT - BOARD ENGAGEMENT)
  • JULIA JORNSAY-SILVERBERG (ASSISTANT VP - BOARD ENGAGEMENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose of the university at buffalo school of management alumni association is to promote, enhance and support the welfare and the educational interests of the university at buffalo school of management (the "school") in the academic and business community by fostering engagement, communication and support among alumni, the school and the university at buffalo.

What it reported doing in 2023

Events and other programming for the benefit of current students, alumni and general public.

Operating model

Revenue model
Donor-supported. 71% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 73% for direct work, and 27% for grants.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Program spending has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 100
  • Sustainability: 30
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 68.1%; rating input score 68
  • Program expense ratio: 69%; rating input score 69

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 1.4%; rating input score 49; 49th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -0.1% per year; rating input score 0; 49th percentile among comparable filings
  • Revenue growth: 3.8% per year; rating input score 100; 68th percentile among comparable filings
  • Asset growth: -7.3% per year; rating input score 0; 21st percentile among comparable filings

Details

  • Where the money goes: 68.1% of revenue deployed · 69% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $65K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 5 filed schedules
  • Filing history: 2 filing years from 2022 to 2023
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • Moderate — Sustainability: Operating margin scored 49/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.