Civic Intelligence

Schenectady Student Aid Fund Inc

EIN 14-6024997 • 501(c)3 • Albany, NY

Profile

To provide scholarships and financial aid to needy, academically qualified students of an inner city school.

6 Metro Park RoadAlbany, NY 12205
Siviq Scores

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

Liabilities / Assets

83rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE B82 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

82nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE B82 • <$500k nonprofits • Source year 2024

Net Margin

32nd percentile

-5.6%

Higher net margin than 32% of similar nonprofits.

NTEE B82 • <$500k nonprofits • Source year 2024

Top Officer Pay

95th percentile

$1,679

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 7.9% of source-year revenue.

NTEE B82 • <$500k nonprofits • Source year 2024

Asset Growth

44th percentile

-0.5%

Faster asset growth than 44% of similar nonprofits.

NTEE B82 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

66th percentile

23%

Faster revenue growth than 66% of similar nonprofits.

NTEE B82 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$249,618

Down $1,183 (-0.5%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$249,618

Down $1,183 (-0.5%) from 2023

Revenue

Up

$21,196

Up $3,992 (+23%) from 2023

Expenses

Up

$22,379

Up $145 (+0.7%) from 2023

Net Income

Up

-$1,183

Up $3,847 (+76%) from 2023

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2013: $275,513Liabilities 2013: $0Net Assets 2013: $275,5132013Assets 2014: $263,760Liabilities 2014: $0Net Assets 2014: $263,7602014Assets 2015: $252,268Liabilities 2015: $0Net Assets 2015: $252,2682015Assets 2016: $250,618Liabilities 2016: $0Net Assets 2016: $250,6182016Assets 2017: $246,210Liabilities 2017: $0Net Assets 2017: $246,2102017Assets 2018: $245,939Liabilities 2018: $0Net Assets 2018: $245,9392018Assets 2019: $243,993Liabilities 2019: $0Net Assets 2019: $243,9932019Assets 2020: $240,670Liabilities 2020: $0Net Assets 2020: $240,6702020Assets 2021: $260,985Liabilities 2021: $0Net Assets 2021: $260,9852021Assets 2022: $255,831Liabilities 2022: $0Net Assets 2022: $255,8312022Assets 2023: $250,801Liabilities 2023: $0Net Assets 2023: $250,8012023Assets 2024: $249,618Liabilities 2024: $0Net Assets 2024: $249,6182024

Highlighted filing

2024

Assets$249,618
Liabilities$0
Net Assets$249,618

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2013: $48,161Expenses 2013: $11,489Net Income 2013: $36,6722013Revenue 2014: $13,880Expenses 2014: $25,633Net Income 2014: -$11,7532014Revenue 2015: $8,695Expenses 2015: $20,187Net Income 2015: -$11,4922015Revenue 2016: $10,497Expenses 2016: $12,147Net Income 2016: -$1,6502016Revenue 2017: $15,821Expenses 2017: $20,229Net Income 2017: -$4,4082017Revenue 2018: $16,920Expenses 2018: $17,191Net Income 2018: -$2712018Revenue 2019: $13,248Expenses 2019: $15,194Net Income 2019: -$1,9462019Revenue 2020: $14,703Expenses 2020: $18,026Net Income 2020: -$3,3232020Revenue 2021: $40,772Expenses 2021: $20,457Net Income 2021: $20,3152021Revenue 2022: $15,169Expenses 2022: $20,323Net Income 2022: -$5,1542022Revenue 2023: $17,204Expenses 2023: $22,234Net Income 2023: -$5,0302023Revenue 2024: $21,196Expenses 2024: $22,379Net Income 2024: -$1,1832024

Highlighted filing

2024

Revenue$21,196
Expenses$22,379
Net Income-$1,183

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.50$0.00$2.50$0.21$0.22$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.51$0.00$2.51$0.17$0.22$0.05
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.56$0.00$2.56$0.15$0.20$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.61$0.00$2.61$0.41$0.20$0.20
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.41$0.00$2.41$0.15$0.18$0.03
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.44$0.00$2.44$0.13$0.15$0.02
2018Summary only. Only limited summary data is available for this year.$2.46$0.00$2.46$0.17$0.17$0.00
2017Summary only. Only limited summary data is available for this year.$2.46$0.00$2.46$0.16$0.20$0.04
2016Summary only. Only limited summary data is available for this year.$2.51$0.00$2.51$0.10$0.12$0.02
2015Summary only. Only limited summary data is available for this year.$2.52$0.00$2.52$0.09$0.20$0.11
2014Summary only. Only limited summary data is available for this year.$2.64$0.00$2.64$0.14$0.26$0.12
2013Summary only. Only limited summary data is available for this year.$2.76$0.00$2.76$0.48$0.11$0.37
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 17, 2023
Return Version
2022v5.0
Gross Receipts
$25,149
Mission and Program Overview

Mission

To provide scholarships and financial aid to needy, academically qualified students of an inner city school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$248,173$238,193▼ $9,980
Savings and Temporary Cash Investments$12,813$17,639▲ $4,826
Cash and Non-Interest-Bearing Accounts$-1$-1→ $0
Total Assets$260,985$255,831▼ $5,154
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$260,985$255,831▼ $5,154
Total Net Assets Fund Balance$260,985$255,831▼ $5,154
Total Liabilities and Net Assets / Fund Balance$260,985$255,831▼ $5,154
Compensation and Service Providers

Employees

NameTitleBaseTotal
John EricksonTrustee$1,623$1,623

Board Members and Trustees

NameTitle
-Director
Alexander LaroccoDirector
Betty EwingDirector
Michael StahlDirector
Victor MazzottiDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$15,169
Other Revenue
$0
Change in Net Assets
$-5,154
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$18,000
Salaries, Compensation, and Employee Benefits$1,623
Other Expenses$700
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$18,000--$18,000
Current Officers, Directors, Trustees, and Key Employees-$1,623-$1,623
Fees for Services Accounting-$600-$600
Other Expenses-$100-$100
Total Functional Expenses$18,000$2,323$0$20,323
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The trustees review the 990 prior to filing.

Form 990, Page 6, Part VI, Line 19

The documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Schenectady Student Aid Fund Inc
EIN
14-6024997
Phone
5183813643
Address
6 METRO PARK ROAD, ALBANY, NY 12205

Signing Officer

Name
Trustco Bank
Title
Trustee
Phone
5183813649
Signed
2023-04-17
Discuss with paid preparer
Yes

Organization Details

Formed
1932
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
West & Company Cpas Pc
Address
PO BOX 1219, GLOVERSVILLE, NY 12078-0354
Preparer
Trisha Rogers-byrns
Phone
5187257127
Raw XML Appendix267 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/BooksInCareOfDetail/PhoneNum05183813643
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IRS990/CollectionsOfArtInd0false
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IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt018000
IRS990/CYInvestmentIncomeAmt015169
IRS990/CYOtherExpensesAmt0700
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-5154
IRS990/CYSalariesCompEmpBnftPaidAmt01623
IRS990/CYTotalExpensesAmt020323
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt015169
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
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IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
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IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt018000
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0600
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IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
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IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0JOHN ERICKSON
IRS990/Form990PartVIISectionAGrp/PersonNm1BETTY EWING
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IRS990/Form990PartVIISectionAGrp/PersonNm4MICHAEL STAHL
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01932
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt05135
IRS990/GainOrLossGrp/SecuritiesAmt03605
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantAmt018000
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt018000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt018000
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt05135
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt013585
IRS990/GrossReceiptsAmt025149
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt06429
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06429
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0248173
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0238193
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt09980
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
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IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt08740
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IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0260985
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IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0NYS FILING FEE
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IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
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IRS990/ProfessionalFundraisingInd0false
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IRS990/PYExcessBenefitTransInd0false
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IRS990/ReconcilationRevenueExpnssAmt0-5154
IRS990/RelatedEntityInd0false
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IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt012813
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IRS990ScheduleA/GovernmentalUnitInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt018000
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt06
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-17
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ReturnHeader/Filer/BusinessNameControlTxt0SCHE
ReturnHeader/Filer/EIN0146024997
ReturnHeader/Filer/PhoneNum05183813643
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ReturnHeader/Filer/USAddress/CityNm0ALBANY
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0141662664
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0120780354
ReturnHeader/PreparerPersonGrp/PhoneNum05187257127
ReturnHeader/PreparerPersonGrp/PreparationDt02023-05-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TRISHA ROGERS-BYRNS
ReturnHeader/ReturnTs02023-05-08T14:05:56-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TRUSTCO
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BANK
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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No mirrored PDF or thumbnail assets are attached yet.