Civic Intelligence

State University of New York at Oneonta

EIN 22-2403203 • 501(c)3 • Oneonta, NY

Profile

To support and strengthen the fundraising programs of the state university of new york at oneonta so that gifts and grants are raised for student scholarships, faculty/student research, lectureships, and numerous academic and institutional programs.

108 Ravine Pkwy Alumni Hall 038Oneonta, NY 13820

suny.oneonta.edu/SUNY-ONEONTA-FOUNDATION

Siviq Scores

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

Liabilities / Assets

7th percentile

0.00x

Higher debt load relative to assets than 7% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Liabilities / Revenue

9th percentile

0.02x

Higher debt load relative to revenue than 9% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Net Margin

90th percentile

53%

Higher net margin than 90% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Top Officer Pay

6th percentile

$0

Higher top officer pay than 6% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Asset Growth

61st percentile

8.7%

Faster asset growth than 61% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2024 to 2025

Revenue Growth

84th percentile

45%

Faster revenue growth than 84% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2024 to 2025

Assets

Up

$91,692,950

Up $7,370,015 (+8.7%) from 2024

Liabilities

Down

$239,510

Down $137,895 (-37%) from 2024

Net Assets

Up

$91,453,440

Up $7,507,910 (+8.9%) from 2024

Revenue

Up

$11,403,604

Up $3,556,576 (+45%) from 2024

Expenses

Up

$5,411,738

Up $289,719 (+5.7%) from 2024

Net Income

Up

$5,991,866

Up $3,266,857 (+120%) from 2024

Trend Graphs

Balance Sheet Trend

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

$100M$50M$0Assets 2011: $37,592,481Liabilities 2011: $205,182Net Assets 2011: $37,387,2992011Assets 2012: $36,964,330Liabilities 2012: $241,895Net Assets 2012: $36,722,4352012Assets 2013: $42,243,140Liabilities 2013: $219,654Net Assets 2013: $42,023,4862013Assets 2014: $49,024,989Liabilities 2014: $246,269Net Assets 2014: $48,778,7202014Assets 2015: $49,884,755Liabilities 2015: $277,523Net Assets 2015: $49,607,2322015Assets 2016: $49,113,892Liabilities 2016: $276,833Net Assets 2016: $48,837,0592016Assets 2017: $53,120,146Liabilities 2017: $233,678Net Assets 2017: $52,886,4682017Assets 2018: $61,406,283Liabilities 2018: $261,709Net Assets 2018: $61,144,5742018Assets 2019: $64,742,644Liabilities 2019: $178,345Net Assets 2019: $64,564,2992019Assets 2020: $66,472,041Liabilities 2020: $149,380Net Assets 2020: $66,322,6612020Assets 2021: $82,594,269Liabilities 2021: $185,167Net Assets 2021: $82,409,1022021Assets 2022: $71,584,983Liabilities 2022: $166,893Net Assets 2022: $71,418,0902022Assets 2023: $76,580,047Liabilities 2023: $125,023Net Assets 2023: $76,455,0242023Assets 2024: $84,322,935Liabilities 2024: $377,405Net Assets 2024: $83,945,5302024Assets 2025: $91,692,950Liabilities 2025: $239,510Net Assets 2025: $91,453,4402025

Highlighted filing

2025

Assets$91,692,950
Liabilities$239,510
Net Assets$91,453,440

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2011: $2,149,8952011Expenses 2012: $2,496,9082012Expenses 2013: $2,645,9892013Revenue 2014: $8,488,083Expenses 2014: $2,875,576Net Income 2014: $5,612,5072014Revenue 2015: $3,973,707Expenses 2015: $3,275,255Net Income 2015: $698,4522015Revenue 2016: $3,292,220Expenses 2016: $3,594,700Net Income 2016: -$302,4802016Revenue 2017: $3,664,662Expenses 2017: $3,499,237Net Income 2017: $165,4252017Revenue 2018: $13,239,575Expenses 2018: $3,696,700Net Income 2018: $9,542,8752018Revenue 2019: $5,715,952Expenses 2019: $3,974,450Net Income 2019: $1,741,5022019Revenue 2020: $7,306,151Expenses 2020: $4,219,812Net Income 2020: $3,086,3392020Revenue 2021: $7,055,210Expenses 2021: $4,013,606Net Income 2021: $3,041,6042021Revenue 2022: $10,409,847Expenses 2022: $5,475,087Net Income 2022: $4,934,7602022Revenue 2023: $6,220,840Expenses 2023: $4,983,739Net Income 2023: $1,237,1012023Revenue 2024: $7,847,028Expenses 2024: $5,122,019Net Income 2024: $2,725,0092024Revenue 2025: $11,403,604Expenses 2025: $5,411,738Net Income 2025: $5,991,8662025

Highlighted filing

2025

Revenue$11,403,604
Expenses$5,411,738
Net Income$5,991,866

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$91.7$0.24$91.5$11.4$5.41$5.99
2024Detailed filing. Detailed filing data is available for this year.$84.3$0.38$83.9$7.85$5.12$2.73
2023Detailed filing. Detailed filing data is available for this year.$76.6$0.13$76.5$6.22$4.98$1.24
2022Detailed filing. Detailed filing data is available for this year.$71.6$0.17$71.4$10.4$5.48$4.93
2021Detailed filing. Detailed filing data is available for this year.$82.6$0.19$82.4$7.06$4.01$3.04
2020Detailed filing. Detailed filing data is available for this year.$66.5$0.15$66.3$7.31$4.22$3.09
2019Detailed filing. Detailed filing data is available for this year.$64.7$0.18$64.6$5.72$3.97$1.74
2018Detailed filing. Detailed filing data is available for this year.$61.4$0.26$61.1$13.2$3.70$9.54
2017Detailed filing. Detailed filing data is available for this year.$53.1$0.23$52.9$3.66$3.50$0.17
2016Detailed filing. Detailed filing data is available for this year.$49.1$0.28$48.8$3.29$3.59$0.30
2015Detailed filing. Detailed filing data is available for this year.$49.9$0.28$49.6$3.97$3.28$0.70
2014Detailed filing. Detailed filing data is available for this year.$49.0$0.25$48.8$8.49$2.88$5.61
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$42.2$0.22$42.0$2.65
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$37.0$0.24$36.7$2.50
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$37.6$0.21$37.4$2.15
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 22, 2025
Return Version
2024v5.2
Gross Receipts
$27,849,592
Mission and Program Overview

Mission

To support and strengthen the fundraising programs of the state university college at oneonta so that gifts and grants are raised for student scholarships, faculty/student research, lectureships, and numerous academic and institutional programs.

To raise and administer gifts and grants to enhance the academic status of the university through endowments, scholarships, and institutional programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$74,803,318$83,041,394▲ $8,238,076
Pledges and Grants Receivable$4,492,705$2,406,732▼ $2,085,973
Savings and Temporary Cash Investments$532,267$1,453,514▲ $921,247
Land, Buildings, and Equipment, Net$1,179,440$1,151,855▼ $27,585
Cash and Non-Interest-Bearing Accounts$11,468$178,682▲ $167,214
Total Assets$84,322,935$91,692,950▲ $7,370,015
Other Assets Total$3,303,737$3,460,773▲ $157,036
Liabilities
Other Liabilities$262,110$231,210▼ $30,900
Accounts Payable and Accrued Expenses$115,295$8,300▼ $106,995
Total Liabilities$377,405$239,510▼ $137,895
Net Assets / Fund Balance
Net Assets With Donor Restrictions$67,920,802$73,514,161▲ $5,593,359
Net Assets Without Donor Restrictions$16,024,728$17,939,279▲ $1,914,551
Total Net Assets Fund Balance$83,945,530$91,453,440▲ $7,507,910
Total Liabilities and Net Assets / Fund Balance$84,322,935$91,692,950▲ $7,370,015

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$630,923$763,039$1,393,962
Land$475,280-$475,280
Leasehold Improvements$45,652$123,724$169,376
Equipment$0$24,508$24,508

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$78,601,118$2,074,608▲ $8,154,912$3,205,204$85,625,434
2023$71,825,238$1,122,606▲ $8,766,273$3,112,999$78,601,118
2022$66,608,098$2,367,020▲ $5,711,946$2,861,826$71,825,238
2021$75,888,995$3,150,986▼ $9,630,985$2,800,898$66,608,098
2020$62,292,080$1,989,721▲ $14,523,613$2,916,419$75,888,995
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$4,341,250
Program Service Revenue
$0
Investment Income
$7,012,949
Other Revenue
$49,405
All Other Contributions
$4,294,500
Change in Net Assets
$5,991,866

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded7$30,886Fair Market Value (FMV)
Total Noncash Contributions7$30,886-

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,284,374
Revenue Not Reported on Financial Statements
$119,230
Revenue Not Reported on Form 990
$1,602,883
Total Revenue per Audited Statements
$12,887,257
Total Revenue per Form 990
$11,403,604
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,330,550
Other Expenses$2,081,188
Total Fundraising Expense$117,034
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$2,989,202--$2,989,202
Grants to Domestic Orgs$341,348--$341,348
Travel$216,189--$216,189
All Other Expenses$143,010--$143,010
Fees for Service Investment Mgmnt Fees$4,937$127,807-$132,744
Other Expenses$130,595$419,544$64,576$130,595
Information Technology-$41,330$23,003$64,333
Insurance$41,441$8,084-$49,525
Office Expenses$33,539$1,340$2,238$37,117
Depreciation Depletion$27,585--$27,585
Advertising--$27,217$27,217
Fees for Services Accounting-$20,400-$20,400
Occupancy$17,726--$17,726
Fees for Services Legal$1,530--$1,530
Total Functional Expenses$4,676,199$618,505$117,034$5,411,738

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$5,411,738
Total Expenses per Audited Statements$5,379,347
Expenses per Audited Statements$5,292,508
Expenses Not Reported on Financial Statements$119,230
Expenses Not Reported on Form 990$86,839
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
State University of New York at Oneonta Alumni Association IncOneonta, NY501(c)(3)Provide Funds for Scholarships, Student and Faculty Research Awards, and Campus Support.$341,348
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$12,382
Fundraising Gross Income$3,455
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Red Dragon Open$50,205$3,455$1,750$1,705
Total Events$50,205$3,455$12,382$-8,927
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Charitable Gift Annuity Payable$231,210
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No
Other officer compensation reviewed
No
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 B, Line 11B

The foundation board designates its audit committee with the responsibility for the review and recommendation for approval of the federal form 990 before it is filed. The full copy is provided to the board at the first meeting following completion. The board treasurer is authorized to sign the form 990 upon approval by the audit committee and board of directors.

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

Each board member is required to sign the conflict of interest statement annually and disclose potential conflicts whenever they may exist. The board of directors determines if a conflict of interest exists. The conflicted director is required to recuse himself/herself from discussion or meeting.

Form 990, Part VI, Section C, Line 19

Copies of the foundation's governing documents, conflict of interest policy, and financial statements are kept at the foundation offices and are available to the public at the suny oneonta website or upon request.

Filing and Contact Details

Filer

Filer Name
State University of New York at Oneonta
EIN
22-2403203
Phone
6074362535
Address
108 RAVINE PKWY ALUMNI HALL 038, ONEONTA, NY 13820

Signing Officer

Name
Julie Piscitello
Title
Treasurer
Phone
6074362535
Signed
2025-10-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul J Adamo
Formed
1982
Legal Domicile
Ny
Voting Board Members
26
Independent Board Members
26
Employees
0
Volunteers
26

Preparer

Firm
Efpr Group Cpas Pllc
Address
6390 MAIN STREET SUITE 200, WILLIAMSVILLE, NY 14221
Preparer
David a Urban CPA
Phone
7166340700
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The audit committee meets with the auditors to plan the audit and then again to review the results of the audit. The audit committee reports the results of the audit to the full board. The audit committee recommends to the board, for board approval, its selected auditor.

Financial Statement Notes

PART V, LINE 4:

The foundation's endowment is primarily used for scholarships to students of the university at oneonta. In addition, there are endowment funds in support of the library, the biological field station, the alumni field house, as well as numerous other academic and institutional programs.

PART X, LINE 2:

The foundation is exempt from income taxes under section 501(c)(3) of the internal revenue code (the code), therefore, no provision for income taxes is reflected in the financial statements. The foundation has been classified as a publicly supported organization that is not a private foundation under section 509(a) of the code. The foundation presently discloses or recognizes income tax positions based on management's estimate of whether it is reasonably possible or probable that a liability has been incurred for unrecognized income taxes. Management has concluded that the foundation has taken no uncertain tax positions that require adjustment in its financial statements. U.s. Forms 990 filed by the foundation are subject to examination by taxing authorities.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Funderaising event exps; net w/revenue 12,382.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Funderaising event exps; net w/revenue 12,382.

Raw XML AppendixShowing 400 of 699 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.

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