University at Buffalo Student Association Inc
Nonprofit profile at a glance
- EIN
- 823819192
- IRS 990 coverage
- 2019–2024
- Forms available
- Form 990 2024, Form 990-N 2018
- Location
- Buffalo, NY, USA
- Phone
- 7166452950
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Student Services, Organizations of Students
Reported finances
- Revenue
- $4,370,562
- Expenses
- $4,965,260
- Assets
- $5,799,833
- Liabilities
- $233,030
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
28 people listed
Executive titles in this filing
- FARHAN SAMIN BHUYA (PRESIDENT)
- KILLIAN HANNIGAN (VICE PRESIDENT)
- AISHA ADAM BECHIR (PRESIDENT)
- MASON BAYER (VICE PRESIDENT FOR ADVOCACY)
- WILLIAM DONG (VICE PRESIDENT FOR CLUBS)
- BENJAMIN LAU (VICE PRESIDENT FOR EVENTS)
Highest reported compensation
- FARHAN SAMIN BHUYA (PRESIDENT): $20,309 total reported compensation
- KILLIAN HANNIGAN (VICE PRESIDENT): $15,972 total reported compensation
- LOUIS POON (TREASURER): $13,431 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See mission statement, part 1, line 1
What it reported doing in 2024
The organization promotes and cultivates the quality of education by organizing and or sponsoring various activities for students of the state university of New York at buffalo. The organization carries out those charitable and educational purposes by serving as the student government body for suny buffalo students under such guidelines, rules and regulations as suny buffalo or the state university of New York may have for the conduct of student government, and by supporting, sponsoring, or fostering programs, services and activities to improve the communal experience of students, including but not limited to student clubs and the collection, use, disbursement, and accounting of student activity fees.
Operating model
- Revenue model
- Earned-program. 99% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of voting board members are independent and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 92
- Accountability: 66
- Sustainability: 35
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78.4%; rating input score 78
- Program expense ratio: 66.8%; rating input score 67
- Fundraising efficiency: Limited
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: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 57.1%; rating input score 57; 9th 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: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -13.6%; rating input score 10; 10th percentile among comparable filings
- Total-asset coverage ratio: 1.17; rating input score 42; 42nd percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 73; 73rd percentile among comparable filings
- Officer compensation ratio: 1.9%; rating input score 76; 76th percentile among comparable filings
Growth
- Program expense growth: 15.8% per year; rating input score 100; 79th percentile among comparable filings
- Revenue growth: 3.7% per year; rating input score 100; 32nd percentile among comparable filings
- Asset growth: 5.8% per year; rating input score 100; 39th percentile among comparable filings
Details
- Where the money goes: 78.4% of revenue deployed · 66.8% of spending went to programs
- Governance: 16 of 28 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $3.3M in reported program spending
- Leadership: top reported pay $20K · 28 people listed
- Highest-paid contractors: 4 contractors listed · $613K reported
- Consistency: 30 of 30 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 6 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 12 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
- Review — Accountability: Independent voting board scored 57/100.
- High — Sustainability: Operating margin scored 10/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 42/100.