Suny Impact Foundation Inc
Nonprofit profile at a glance
- EIN
- 814591892
- IRS 990 coverage
- 2016–2024
- Forms available
- Form 990 2024
- Location
- New York, NY, USA
- Phone
- 2123645788
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
Reported finances
- Revenue
- $14,606,667
- Expenses
- $14,770,775
- Assets
- $4,823,231
- Liabilities
- $1,000,353
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- NISHA ATRE (EXECUTIVE DIRECTOR)
- MARIANNE HASSAN (FORMER ACTING EXECUTIVE DIRECTOR)
Highest reported compensation
- JOHN B KING JR (CHAIRPERSON): $1,528,505 total reported compensation
- NISHA ATRE (EXECUTIVE DIRECTOR): $339,098 total reported compensation
- MARIANNE HASSAN (FORMER ACTING EXECUTIVE DIRECTOR): $327,537 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
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.
What it reported doing in 2024
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.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 68
- Accountability: 72
- Sustainability: 28
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 99.1%; rating input score 99
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 14th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: 99.2%; rating input score 99; 32nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 75%; rating input score 75; 14th percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -1.1%; rating input score 26; 26th percentile among comparable filings
- Total-asset coverage ratio: 0.33; rating input score 8; 8th percentile among comparable filings
- Liabilities to assets ratio: 0.21; rating input score 57; 57th percentile among comparable filings
- Officer compensation ratio: 4%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: 27.1% per year; rating input score 100; 94th percentile among comparable filings
- Revenue growth: 23.6% per year; rating input score 100; 94th percentile among comparable filings
- Asset growth: 8.4% per year; rating input score 100; 57th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 99.1% of spending went to programs
- Governance: 3 of 4 board members independent · 6 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $14.6M in reported program spending
- Leadership: top reported pay $1.5M · 7 people listed · 0 of 6 pay-setting controls reported
- Consistency: 26 of 27 current checks pass · 1 finding to review
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 8 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 51 filed money-flow records
- Related organizations: 52 filed related-organization links
- 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 — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Accountability: Governance controls: 3 of 9 not reported.
- High — Sustainability: Operating margin scored 26/100.
- High — Sustainability: Total-asset coverage ratio scored 8/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Sustainability: Liabilities to assets ratio scored 57/100.