Civic Intelligence

Studentsponsor Partnership Inc

EIN 13-3392965 • 501(c)3 • New York, NY

View Organization Page

Profile

Student/sponsor partnership harnesses the power of quality education and mentorship to help low-income and academically average new york city youth escape the cycle of poverty and reach their highest potential.

Refreshing map…

90 Broad Street 400New York, NY 10004

www.sspnyc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

21st percentile

0.02x

Higher debt load relative to assets than 21% of similar nonprofits.

NTEE B • $25M-$50M nonprofits • Source year 2025

Liabilities / Revenue

20th percentile

0.07x

Higher debt load relative to revenue than 20% of similar nonprofits.

NTEE B • $25M-$50M nonprofits • Source year 2025

Net Margin

71st percentile

17%

Higher net margin than 71% of similar nonprofits.

NTEE B • $25M-$50M nonprofits • Source year 2025

Top Officer Pay

93rd percentile

$630,837

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 5.5% of source-year revenue.

NTEE B • $25M-$50M nonprofits • Source year 2025

Asset Growth

67th percentile

9.3%

Faster asset growth than 67% of similar nonprofits.

NTEE B • $25M-$50M nonprofits • Annualized from 2024 to 2025

Revenue Growth

62nd percentile

14%

Faster revenue growth than 62% of similar nonprofits.

NTEE B • $25M-$50M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets21st percentile

Assets

Up

$28,681,752

Up $2,393,228 (+9.1%) from 2023

Liabilities

Up

$949,782

Up $748,931 (+373%) from 2023

Net Assets

Up

$27,731,970

Up $1,644,297 (+6.3%) from 2023

Operations
Liabilities / Revenue20th percentileNet Margin71st percentile

Revenue

Up

$10,019,239

Up $620,101 (+6.6%) from 2023

Expenses

Up

$9,475,921

Up $930,230 (+11%) from 2023

Net Income

Down

$543,318

Down $310,129 (-36%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth67th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2011: $12,335,432Liabilities 2011: $3,341,058Net Assets 2011: $8,994,3742011Assets 2012: $11,933,353Liabilities 2012: $2,710,846Net Assets 2012: $9,222,5072012Assets 2013: $11,927,163Liabilities 2013: $2,659,399Net Assets 2013: $9,267,7642013Assets 2014: $12,410,007Liabilities 2014: $2,227,982Net Assets 2014: $10,182,0252014Assets 2015: $12,115,080Liabilities 2015: $1,479,353Net Assets 2015: $10,635,7272015Assets 2016: $11,580,600Liabilities 2016: $1,489,175Net Assets 2016: $10,091,4252016Assets 2017: $10,626,684Liabilities 2017: $1,544,578Net Assets 2017: $9,082,1062017Assets 2018: $10,203,550Liabilities 2018: $1,531,371Net Assets 2018: $8,672,1792018Assets 2019: $20,822,968Liabilities 2019: $217,238Net Assets 2019: $20,605,7302019Assets 2020: $20,541,089Liabilities 2020: $891,882Net Assets 2020: $19,649,2072020Assets 2021: $20,973,372Liabilities 2021: $872,675Net Assets 2021: $20,100,6972021Assets 2022: $25,103,875Liabilities 2022: $246,804Net Assets 2022: $24,857,0712022Assets 2023: $26,288,524Liabilities 2023: $200,851Net Assets 2023: $26,087,6732023Assets 2024: $28,681,752Liabilities 2024: $949,782Net Assets 2024: $27,731,9702024

Highlighted filing

2024

Assets$28,681,752
Liabilities$949,782
Net Assets$27,731,970
Open 2024 Filing

Operations Trend

Revenue Growth62nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$10M$0-$10MRevenue 2011: $8,368,592Expenses 2011: $7,738,026Net Income 2011: $630,5662011Revenue 2012: $8,110,812Expenses 2012: $7,858,534Net Income 2012: $252,2782012Revenue 2013: $7,022,613Expenses 2013: $6,965,402Net Income 2013: $57,2112013Revenue 2014: $8,208,329Expenses 2014: $7,278,791Net Income 2014: $929,5382014Revenue 2015: $7,289,673Expenses 2015: $6,834,113Net Income 2015: $455,5602015Revenue 2016: $6,186,014Expenses 2016: $6,756,993Net Income 2016: -$570,9792016Revenue 2017: $6,254,517Expenses 2017: $7,283,038Net Income 2017: -$1,028,5212017Revenue 2018: $7,554,402Expenses 2018: $7,981,081Net Income 2018: -$426,6792018Revenue 2019: $19,366,451Expenses 2019: $8,930,800Net Income 2019: $10,435,6512019Revenue 2020: $8,432,909Expenses 2020: $9,538,049Net Income 2020: -$1,105,1402020Revenue 2021: $7,857,689Expenses 2021: $7,634,330Net Income 2021: $223,3592021Revenue 2022: $13,106,053Expenses 2022: $8,328,618Net Income 2022: $4,777,4352022Revenue 2023: $9,399,138Expenses 2023: $8,545,691Net Income 2023: $853,4472023Revenue 2024: $10,019,239Expenses 2024: $9,475,921Net Income 2024: $543,3182024

Highlighted filing

2024

Revenue$10,019,239
Expenses$9,475,921
Net Income$543,318
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$28,681,752
Liabilities
$949,782
Net assets
$27,731,970
Revenue
$10,019,239
Expenses
$9,475,921
Net income
$543,318
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$28.7$0.95$27.7$10.0$9.48$0.54
2023Detailed filing. Detailed filing data is available for this year.$26.3$0.20$26.1$9.40$8.55$0.85
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.1$0.25$24.9$13.1$8.33$4.78
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.0$0.87$20.1$7.86$7.63$0.22
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.5$0.89$19.6$8.43$9.54$1.11
2019Detailed filing. Detailed filing data is available for this year.$20.8$0.22$20.6$19.4$8.93$10.4
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.2$1.53$8.67$7.55$7.98$0.43
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.6$1.54$9.08$6.25$7.28$1.03
2016Detailed filing. Detailed filing data is available for this year.$11.6$1.49$10.1$6.19$6.76$0.57
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.1$1.48$10.6$7.29$6.83$0.46
2014Detailed filing. Detailed filing data is available for this year.$12.4$2.23$10.2$8.21$7.28$0.93
2013Summary only. Only limited summary data is available for this year.$11.9$2.66$9.27$7.02$6.97$0.06
2012Summary only. Only limited summary data is available for this year.$11.9$2.71$9.22$8.11$7.86$0.25
2011Summary only. Only limited summary data is available for this year.$12.3$3.34$8.99$8.37$7.74$0.63
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Jan 13, 2025
Return Version
2023v6.0
Gross Receipts
$11,884,037
Mission and Program Overview

Mission

Student/sponsor partners harnesses the power of quality education and mentorship to help low-income and academically average new york city youth escape the cycle of poverty and reach their highest potential.

To provide at-risk youths with tuition needed to attend private high schools in nyc

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$9,105,385$9,196,819▲ $91,434
Pledges and Grants Receivable$9,134,111$7,282,635▼ $1,851,476
Investments in Publicly Traded Securities$4,440,338$7,042,936▲ $2,602,598
Savings and Temporary Cash Investments$3,257,830$4,131,552▲ $873,722
Prepaid Expenses and Deferred Charges$248,757$237,124▼ $11,633
Land, Buildings, and Equipment, Net$41,649$144,768▲ $103,119
Total Assets$26,288,524$28,681,752▲ $2,393,228
Other Assets Total$60,454$645,918▲ $585,464
Liabilities
Other Liabilities$83,783$722,381▲ $638,598
Accounts Payable and Accrued Expenses$117,068$227,401▲ $110,333
Total Liabilities$200,851$949,782▲ $748,931
Net Assets / Fund Balance
Net Assets With Donor Restrictions$19,612,333$20,913,889▲ $1,301,556
Net Assets Without Donor Restrictions$6,475,340$6,818,081▲ $342,741
Total Net Assets Fund Balance$26,087,673$27,731,970▲ $1,644,297
Total Liabilities and Net Assets / Fund Balance$26,288,524$28,681,752▲ $2,393,228

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$100,090$72,513$172,603
Leasehold Improvements$32,677$79,530$112,207
Other Land Buildings$12,001$58,265$70,266

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$5,914,438$2,072,250▲ $940,369-$8,379,824
2022$5,143,289$407,444▲ $411,705-$5,914,438
2021$2,369,418$2,999,240▼ $177,369-$5,143,289
2020$2,085,217$47,600▲ $256,601-$2,369,418
2019$1,865,427$87,300▲ $132,490-$2,085,217
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Debra VizziExec.DirectorFT$400,000$206,989$606,989
Heather TurnerChief of StaffFT$206,000$74,944$280,944
Mary FaddoulVP ProgramsFT$154,500$18,854$173,354
Christine LippVP-financeFT$150,000$14,215$164,215
Margaret ButteryDirector of EventsFT$124,600$17,060$141,660
Ravin RadiganSenior Major Gifts OfficerFT$109,650$6,579$116,229
Shanna MahlDirector of AcademicsFT$97,000-$97,000

Board Members and Trustees

NameTitle
Henry MulhollandChair
Christopher J NiehausVice-chair
Jim HealyVice-chair
Kevin J ConwayVice-chair
Robert H NiehausVice-chair
Alfred HurleyDirector
Aloysius MclaughlinDirector
Andrew HorrocksDirector
Brian HoffmanDirector
Christopher MilesDirector
Denis ManelskiDirector
Dr Valerie Ann RoweDirector
Drin KukajDirector
Edward CoxDirector
John StosselDirector
Linda HsuDirector
Mark LevittDirector
Megan FlaniganDirector
Peter J LyonDirector
Richard WatsonDirector
Robert BrennanDirector
Robert HuntingtonDirector
Robert SpencerDirector
Stephen M SchillerDirector
Susan DunneDirector
Tom MerceinDirector
William AndersonDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$9,719,580
Program Service Revenue
$0
Investment Income
$647,541
Other Revenue
$-347,882
All Other Contributions
$7,149,171
Change in Net Assets
$543,318

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,019,239
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,295,144
Total Revenue per Audited Statements
$11,314,383
Total Revenue per Form 990
$10,019,239
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$5,051,537
Salaries, Compensation, and Employee Benefits$2,779,249
Other Expenses$1,588,643
Total Fundraising Expense$1,182,169
Professional Fundraising Fees$56,492

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$5,051,537--$5,051,537
Other Salaries and Wages$1,111,141$567,391$685,598$2,364,130
Fees for Services Other$339,675$37,118$100,419$477,212
Information Technology$247,048$43,661$118,094$408,803
Occupancy$169,893$39,206$52,275$261,374
Payroll Taxes$82,349$42,051$50,811$175,211
Other Employee Benefits$71,216$36,366$43,941$151,523
Pension Plan Contributions$41,541$21,212$25,632$88,385
Travel$65,649$2,718$10,133$78,500
Office Expenses$36,392$6,066$18,708$61,166
Fees for Services Professional Fundraising--$56,492$56,492
Other Expenses$29,703$35,115$11,292$35,115
Depreciation Depletion$13,668$3,154$4,206$21,028
Total Functional Expenses$7,301,533$992,219$1,182,169$9,475,921

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$9,670,086
Total Expenses per Form 990$9,475,921
Expenses per Audited Statements$9,454,472
Expenses Not Reported on Form 990$215,614
Expenses Not Reported on Financial Statements$21,449
Other Expense Adjustments$21,449
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$347,882
Professional Fundraising Fees$56,492
Fundraising Gross Income$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
FOUNDER'S DINNER$2,570,409---
Total Events$2,570,409---
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Right of Use Liability$722,381
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Robert niehaus and christopher niehaus are brothers”

Form 990, Part VI, Section B, Line 11B

“A copy of the 990 is provided to both the chair of the audit committee and the finance committee. As representatives of ssp's governing body, both chairs review the form 990 for accuracy. Upon their approval, the form 990 is submitted to the irs. A copy of the final, approved form 990 is provided to all board members, prior to the filing.”

Form 990, Part VI, Section B, Line 12C

“All members of the board as well as the executive director are subject to a conflict of interest policy. In the event that the board considers an issue that involves the financial relationship between the corporation and a member of the board, the board member will disclose to the board the financial relationship that the particular board member has with respect to the issue. The board member shall refrain from voting on the matter. The policy is applicable to transactions involving board members and their immediate family members.”

Form 990, Part VI, Section B, Line 15

“The board chair and chair of ssp's hr committee conducts a formal performance review of the executive director at the end of the fiscal year. Based on accomplishments against goals, the executive director's compensation is discussed with the executive committee and recommended salary increase is aligned with the professional for nonprofits annual nonprofit salary and staffing report for the new york city area. The process to review the compensation of the executive director was last undertaken in fy18, as the organization conducted a search and hired a new executive director. Ssp did not pay compensation to anyone else meeting the definition of officer or key employee.”

Form 990, Part VI, Section C, Line 19

“The audited financial statements and governing documents are made available upon request. The conflict of interest policy is available on ssp's website.”

Filing and Contact Details

Filer

Filer Name
Studentsponsor Partners Inc
EIN
13-3392965
Phone
2129869575
Address
90 BROAD STREET 400, NEW YORK, NY 10004

Signing Officer

Name
Debra Vizzi
Title
Executive Director
Phone
2129869575
Signed
2025-01-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Debra Vizzi
Formed
1986
Legal Domicile
Ny
Voting Board Members
27
Independent Board Members
27
Employees
28
Volunteers
800

Preparer

Firm
Rbsm Advisors
Address
805 THIRD AVENUE, NEW YORK, NY 10022
Preparer
Howard Brodman
Phone
2128385100
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

“The organization has several permanently and temporarily restricted funds whose primary purposes are to provide scholarships for students meeting various characteristics. In addition, there are funds restricted for the organization's college and career prep program.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“In-kind special events costs 21,449.”

Raw XML AppendixShowing 400 of 760 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/Desc0SSP'S MISSION IS TO PROVIDE ECONOMICALLY AND EDUCATIONALLY DISADVANTAGED STUDENTS ACCESS TO PRIVATE EDUCATION THROUGH FINANCIAL SCHOLARSHIPS PROVIDED BY A SPONSOR AND INDIVIDUAL MENTORING AND COACHING PROVIDED BY AN ADULT MENTOR. SSP FURTHER SUPPORTS OUR STUDENTS WITH COLLEGE READINESS PROGRAMS AND COLLEGE SCHOLARSHIPS. SSP HAS FINANCED AND GUIDED OVER 7,600 STUDENTS THROUGH HIGH SCHOOL. 1047 SSP STUDENTS COMPLETED THE 2023-2024 SCHOOL YEAR AND RECEIVED OVER $4.7 MILLION IN SCHOLARSHIPS FROM SSP TO ATTEND 24 PRIVATE AND PAROCHIAL SCHOOLS THROUGHOUT NEW YORK CITY. OUR MENTORS CONTRIBUTE OVER 11,000 HOURS EVERY YEAR TO DIRECTLY SUPPORT OUR STUDENTS.
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IRS990/Form990PartVIISectionAGrp/PersonNm1JIM HEALY
IRS990/Form990PartVIISectionAGrp/PersonNm2KEVIN J CONWAY
IRS990/Form990PartVIISectionAGrp/PersonNm3ROBERT H NIEHAUS
IRS990/Form990PartVIISectionAGrp/PersonNm4EDWARD COX
IRS990/Form990PartVIISectionAGrp/PersonNm5BRIAN HOFFMAN
IRS990/Form990PartVIISectionAGrp/PersonNm6ANDREW HORROCKS
IRS990/Form990PartVIISectionAGrp/PersonNm7PETER J LYON
IRS990/Form990PartVIISectionAGrp/PersonNm8TOM MERCEIN
IRS990/Form990PartVIISectionAGrp/PersonNm9STEPHEN M SCHILLER
IRS990/Form990PartVIISectionAGrp/PersonNm10WILLIAM ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm11HENRY MULHOLLAND
IRS990/Form990PartVIISectionAGrp/PersonNm12MEGAN FLANIGAN
IRS990/Form990PartVIISectionAGrp/PersonNm13ROBERT HUNTINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm14ROBERT BRENNAN
IRS990/Form990PartVIISectionAGrp/PersonNm15SUSAN DUNNE
IRS990/Form990PartVIISectionAGrp/PersonNm16ALOYSIUS MCLAUGHLIN
IRS990/Form990PartVIISectionAGrp/PersonNm17DR VALERIE ANN ROWE
IRS990/Form990PartVIISectionAGrp/PersonNm18LINDA HSU
IRS990/Form990PartVIISectionAGrp/PersonNm19DRIN KUKAJ
IRS990/Form990PartVIISectionAGrp/PersonNm20MARK LEVITT
IRS990/Form990PartVIISectionAGrp/PersonNm21CHRISTOPHER MILES
IRS990/Form990PartVIISectionAGrp/PersonNm22ALFRED HURLEY
IRS990/Form990PartVIISectionAGrp/PersonNm23DENIS MANELSKI
IRS990/Form990PartVIISectionAGrp/PersonNm24JOHN STOSSEL
IRS990/Form990PartVIISectionAGrp/PersonNm25ROBERT SPENCER
IRS990/Form990PartVIISectionAGrp/PersonNm26RICHARD WATSON
IRS990/Form990PartVIISectionAGrp/PersonNm27DEBRA VIZZI
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IRS990/Form990PartVIISectionAGrp/PersonNm29MARY FADDOUL
IRS990/Form990PartVIISectionAGrp/PersonNm30RAVIN RADIGAN
IRS990/Form990PartVIISectionAGrp/PersonNm31CHRISTINE LIPP
IRS990/Form990PartVIISectionAGrp/PersonNm32SHANNA MAHL
IRS990/Form990PartVIISectionAGrp/PersonNm33MARGARET BUTTERY
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IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27EXEC.DIR.
IRS990/Form990PartVIISectionAGrp/TitleTxt28CHIEF OF STAFF
IRS990/Form990PartVIISectionAGrp/TitleTxt29VP PROGRAMS
IRS990/Form990PartVIISectionAGrp/TitleTxt30SENIOR MAJOR GIFTS OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt31VP-FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt32DIRECTOR OF ACADEMICS
IRS990/Form990PartVIISectionAGrp/TitleTxt33DIRECTOR OF EVENTS
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IRS990/MissionDesc0STUDENT/SPONSOR PARTNERS HARNESSES THE POWER OF QUALITY EDUCATION AND MENTORSHIP TO HELP LOW-INCOME AND ACADEMICALLY AVERAGE NEW YORK CITY YOUTH ESCAPE THE CYCLE OF POVERTY AND REACH THEIR HIGHEST POTENTIAL.
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