Suny New Paltz Foundation Inc
Nonprofit profile at a glance
- EIN
- 222141645
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- New Paltz, NY, USA
- Phone
- 8452573232
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $8,003,900
- Expenses
- $3,105,017
- Assets
- $70,400,967
- Liabilities
- $1,321,268
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
26 people listed
Executive titles in this filing
- DARRELL WHEELER (DIRECTOR / SUNY NEW PALTZ PRESIDENT)
- ERICA MARKS (EXECUTIVE DIRECTOR / VP OF DEVELOPMENT)
Highest reported compensation
- DARRELL WHEELER (DIRECTOR / SUNY NEW PALTZ PRESIDENT): $384,349 total reported compensation
- ERICA MARKS (EXECUTIVE DIRECTOR / VP OF DEVELOPMENT): $324,951 total reported compensation
- JULIA DAVIS (CFO): $120,873 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 mission of the suny new paltz foundation is to seek, secure and manage gifts and grants to fund scholarships and programs that enrich and support the academic, cultural and community life of suny new paltz, and to build a lasting endowment for the university's future.
What it reported doing in 2024
Athletics, wellness & recreationthe mission of the new paltz department of athletics, wellness and recreation within the division of student affairs is to sponsor a broad-based athletic, wellness and recreation program that provides transformational, educational and athletic opportunities for students to grow, to develop and to support the mission of the college by complementing and enhancing its diversity and quality of life. Through fundraising efforts, the athletics department was able to enhance student-athletes' experience through team travel, team uniforms, practice equipment, mental performance training, and team building activities.this year's athletic team's accomplishments include 2 state university of New York athletic conference (sunyac) championship titles,56 all conference selections, 18 all-region selections, and 6 all-americans.college of liberal arts & sciencesthe department of digital media & journalism at suny new paltz welcomed andre lambertson, the award-winning photojournalist and filmmaker, as the fall 2025 james h. Ottaway sr. Visiting professor of journalism.lambertson's career spans more than 25 years capturing stories of transformation from around the globe. His work covers a range of subjects and contexts, often united around themes of resilient people who embody stories of hope and healing.his approach to visual storytelling is deeply artistic, and much of his work is founded upon a profound understanding of criminal justice issues and the unique rhythms of urban america.as the ottaway visiting professor, he taught a class titled "the documentarian: navigating sensitive storytelling with empathy and compassion," which explores the role of the visual journalist as a visionary and storyteller.lambertson engaged in two public presentations: a campus talk and a question-and-answer session with the university president.in addition, the department of digital media & journalism invested in newly purchased equipment to modernize the resources available for student use and to better align with current industry standards. These upgrades enhance functionality, reliability, and accessibility, providing students with hands-on experience using contemporary tools and technology. By updating the equipment, the program ensures a more effective learning environment that supports skill development, innovation, and workforce readiness.the political science department facilitated a trip for 20 students to Washington dc. This three-day trip enabled students to tour the us supreme court, meet with suny new paltz alumni and government officials, allowing for invaluable networking opportunities.fund for new paltzthe fund for new paltz (ffnp) is an unrestricted foundation fund that makes it possible to provide programs and opportunities that enrich the experience of each student and our entire community, including events and lectures on campus, membership in the orange & blue network, and other opportunities provided by the suny new paltz foundation and the office of development & alumni relations.the funds allow for free admissions for students to the distinguished speakers series, women's leadership summit, president roundtable events, finals fuel (snacks during finals week), 100 days to commencement, networking events, as well as many other opportunities for students.the orange & blue network allows suny new platz students, alumni and supporters to connect in an online professional networking environment and to provide mentorship, internships, and connections to infinity groups.ffnp also supports the annual alumni reunion and multiple regional alumni events. Many of these events provide in-person networking and mentoring opportunities for both students and alumni.school of businessthe hudson valley venture hub (hvvh) is a state-designated innovation hot spot housed in the suny new paltz school of business that serves as a central resource for early-stage technology entrepreneurship across the mid-hudson region's seven co
Operating model
- Revenue model
- Donor-supported. 83% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 57% for direct work, and 43% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.
Rating breakdown
- Financial Efficiency: 55
- Transparency & Controls: 69
- Accountability: 86
- Sustainability: 89
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 43.4%; rating input score 43
- Program expense ratio: 75.3%; rating input score 75
- Fundraising efficiency: $16.27 raised per $1 spent on fundraising; rating input score 53; 53rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.1%; rating input score 94; 23rd 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: 100%; rating input score 100; 44th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 92.3%; rating input score 92; 23rd percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- 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: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 61.2%; rating input score 95; 95th percentile among comparable filings
- Total-asset coverage ratio: 22.67; rating input score 97; 97th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 81; 81st percentile among comparable filings
- Officer compensation ratio: 5.1%; rating input score 53; 53rd percentile among comparable filings
Growth
- Program expense growth: 9.8% per year; rating input score 100; 63rd percentile among comparable filings
- Revenue growth: 8% per year; rating input score 100; 60th percentile among comparable filings
- Asset growth: 6.7% per year; rating input score 100; 43rd percentile among comparable filings
Details
- Where the money goes: 43.4% of revenue deployed · 75.3% of spending went to programs
- Governance: 24 of 26 board members independent · 7 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $2.3M in reported program spending
- Leadership: top reported pay $384K · 26 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $177K reported
- Consistency: 34 of 35 current checks pass · 1 finding to review
- Schedules: 9 filed schedules · includes major donors, grants, and executive pay
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 3 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 43/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Financial Efficiency: Fundraising efficiency scored 53/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Sustainability: Officer compensation ratio scored 53/100.