Sub-Board I Inc
- Assets
- $170.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 216
- Location
- Buffalo, NY
- Founding
- 11/1999
- Data as of
- 07/2023
- EIN
- 16-0981909
Organization Overview
Sub-Board I Inc is located in Buffalo, NY. The organization was established in 1999. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 07/2023, Sub-Board I Inc employed 216 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sub-Board I Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2023, Sub-Board I Inc generated $25.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (57.6%) each year. All expenses for the organization totaled $104.2k during the year ending 07/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO PROACTIVELY SERVE THE CONCEPTS OF A STUDENT-OWNED-AND-OPERATED SERVICE CORPORATION; CONTINUALLY ASSESS OUR PROGRAMS AND SERVICES TO PROVIDE THE SERVICES THAT STUDENTS DESIRE AND NEED; TO TEACH, ENCOURAGE, NURTURE AND ENHANCE STUDENT GROWTH THROUGH THEIR INVOLVEMENT IN THE DECISION MAKING PROCESS, AND IN THE IMPLEMENTATION OF PROGRAMS AND SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Schechter President | 2 | $5,977 | |
Arsh Issany Vice-President | 2 | $5,977 | |
Eric Weinman Treasurer | 2 | $5,977 | |
Jessica Coley Representative | 0.3 | $0 | |
William Hooley Executive Director | 10 | $17,240 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $25,610 |
| Total Revenue | $25,610 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $40,885 |
| Professional fees and other payments to independent contractors | $18,925 |
| Occupancy, rent, utilities, and maintenance | $9,047 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,341 |
| Total expenses | $104,201 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $141,454 |
| Other assets | $0 |
| Total assets | $170,522 |
| Total liabilities | $24,224 |
| Net assets or fund balances | $146,298 |
Grants Awarded
Over the last fiscal year, Sub-Board I Inc has awarded $34,411 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNDERGRADUATE STUDENT ASSOC OF SUNY BUFFALO PURPOSE: STUDENT ACTIVITIES | $28,536 |
GRADUATE STUDENT ORGANIZATION OF SUNY BUFFALO PURPOSE: GRADUATE STUDENT ACTIVITIES | $5,875 |