The Cayuga County Community College Foundation Inc

Nonprofit profile at a glance

EIN
222413804
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Auburn, NY, USA
Phone
3152948627
Rating
88
Verdict
STRONG
Rating confidence
Standard

Reported finances

Revenue
$1,460,326
Expenses
$1,058,168
Assets
$27,755,333
Liabilities
$1,357,238

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

23 people listed

Executive titles in this filing

  • KEVIN LAMONTAGNE (PRESIDENT)
  • ALIZA QUERNS (VICE PRESIDENT)
  • GUY THOMAS COSENTINO (EXECUTIVE DIRECTOR)

Highest reported compensation

  • GUY THOMAS COSENTINO (EXECUTIVE DIRECTOR): $116,400 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To enhance and provide assistance for educational and other related programs of cayuga community college.

What it reported doing in 2024

The cayuga county community college foundation, inc.'s primary function is to provide financial support to the college and its students. The vast majority of available funds go to student scholarships. Awards are made based upon academic achievement and finanical need. The foundation builds its assets through annual giving, memorial gifts, planned giving, and bequests. During fiscal year 2025, the foundation awarded 276 student scholarships and awards.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Grant intermediary. The nonprofit sent 89% of its reported program spending out as grants.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 100
  • Accountability: 97
  • Sustainability: 78
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.7%; rating input score 93
  • Program expense ratio: 64.3%; rating input score 64
  • Fundraising efficiency: $2.61 raised per $1 spent on fundraising; rating input score 8; 8th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 95%; rating input score 95; 25th percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 27.5%; rating input score 83; 83rd percentile among comparable filings
  • Total-asset coverage ratio: 26.23; rating input score 97; 97th percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 52; 52nd percentile among comparable filings
  • Officer compensation ratio: 11%; rating input score 34; 34th percentile among comparable filings

Growth

  • Program expense growth: 4.5% per year; rating input score 100; 39th percentile among comparable filings
  • Revenue growth: 5.9% per year; rating input score 100; 49th percentile among comparable filings
  • Asset growth: 5.9% per year; rating input score 100; 43rd percentile among comparable filings

Details

  • Where the money goes: 92.7% of revenue deployed · 64.3% of spending went to programs
  • Governance: 19 of 20 board members independent · 8 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $680K in reported program spending
  • Leadership: top reported pay $116K · 23 people listed
  • Consistency: 28 of 28 current checks pass
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 14 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 2 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

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

  • High — Financial Efficiency: Fundraising efficiency scored 8/100.
  • Moderate — Sustainability: Officer compensation ratio scored 34/100.
  • Review — Sustainability: Liabilities to assets ratio scored 52/100.