Alfred University
88% goes to programs $3 to raise $100 Strong reserves Growing revenue
Alfred University is a 501(c)(3) organization based in Alfred, New York, registered in 1937, with $136,262,762 in FY2023 revenue. CharityIndex grades it A, and it directs about 88% of spending to programs.
1 Saxon Dr, Alfred, NY, 14802 EIN 16-0743900 Since 1937
Revenue (FY2023)
$136.3M
▲ 28.5% vs prior year
Education median: $200K
Expenses (FY2023)
$128.3M
Net assets
$354.5M
Employees
1,689
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating88% to programs · $3 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Alfred University: 88% to programs · $3 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating33 mo reserves · +6% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Alfred University: 33 mo reserves · +6% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Alfred University: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Alfred University: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
The mission of alfred university is to provide excellent quality and enduring value through academic and co-curricular programming that is both intellectually challenging and practically relevant. we are culturally diverse and student-centered, and aim to serve an ever-changing student population. we seek students with the aspiration and dedication to do well for themselves and for their greater communities. thus, we prepare our students with the knowledge, skills and life-habits that will enable them to succeed, and to live lives of continuous personal growth and service to others. these outcomes are achieved through a commitment, by the entire au community, to teaching and research, the pursuit of scientific and technical expertise, artistic creativity, and humanistic learning.
Contact & location
- Address
- 1 Saxon Dr, Alfred, NY, 14802
- City
- Alfred
- State
- New York
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $108.2M (FY2013) to $136.3M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $97.4MNet assets $354.5M
Operating margin
5.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$451.9M
Total liabilities
$97.4M
Net assets
$354.5M
Salaries & benefits
$50.1M
39% of expenses
Board members
35
35 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $136,262,762▲28.5% | $128,272,569▲14.2% | $354,484,504▲7.7% | $451,889,055▲22.5% | 990 |
| 2022 | $106,018,398▼13.8% | $112,363,461▲0.8% | $329,012,686▲3.7% | $368,832,192▲2.0% | 990 |
| 2021 | $122,972,991▲7.0% | $111,491,077▲6.4% | $317,336,562▼6.1% | $361,589,551▼6.4% | 990 |
| 2020 | $114,896,663▼8.7% | $104,786,140▼3.3% | $337,801,651▲22.7% | $386,336,406▲20.0% | 990 |
| 2019 | $125,818,572▲18.1% | $108,380,782▲2.7% | $275,342,443▲0.4% | $321,880,003▲0.5% | 990 |
| 2018 | $106,564,654▲2.7% | $105,546,380▲3.8% | $274,303,201▲1.3% | $320,328,866▲2.2% | 990 |
| 2017 | $103,780,995▼0.9% | $101,692,135▲0.7% | $270,830,015▲7.4% | $313,500,632▲4.1% | 990 |
| 2016 | $104,701,443▼15.5% | $100,943,067▲1.8% | $252,255,041▲7.7% | $301,036,751▲4.7% | 990 |
| 2015 | $123,855,884▲17.1% | $99,114,630▲0.5% | $234,151,458▲8.6% | $287,646,931▲7.1% | 990 |
| 2014 | $105,795,823▼2.2% | $98,595,861▲0.1% | $215,537,404▲1.9% | $268,464,451▲3.0% | 990 |
| 2013 | $108,180,414 | $98,537,606▲1.2% | $211,557,604▲5.5% | $260,610,391▲7.3% | 990 |
| 2012 | — | $97,397,588▲1.1% | $200,457,753▲6.7% | $242,941,418▲0.6% | 990 |
| 2011 | — | $96,377,799▲1.8% | $187,947,589▲1.5% | $241,413,955▲1.8% | 990 |
| 2010 | — | $94,690,490▲3.2% | $185,256,597▲11.0% | $237,149,171▲6.0% | 990 |
| 2009 | — | $91,767,212 | $166,951,655 | $223,800,675 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Mark Zupan — $512,677 (0.40% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Mark Zupan | President | 50 | $512,677 |
| Giovina Lloyd | Vp Business/finance & Cfo | 50 | $255,569 |
| Gabrielle G Gaustad | Dean, School of Engineering | 50 | $252,609 |
| Erin Martinovich | Vp For Advancement | 50 | $225,000 |
| Scott Misture | Professor, School of Engineering | 50 | $224,408 |
| Elizabeth Dobie | Vice President & Provost | 50 | $222,941 |
| Tammy Raub | Vp Business/finance & Cfo | 50 | $216,382 |
| Jonathan Kent | Vp of Enrollment Management | 50 | $193,764 |
| Mark Danes | Vp of Marketing/communication | 50 | $182,933 |
| Alfred Mancuso | Dean, Graduate & Continuing Studies | 50 | $163,664 |
| Sk Sundaram | Professor, School of Engineering | 50 | $162,941 |
| Yiquan Wu | Professor, School of Engineering | 50 | $162,396 |
| Mary Mcallister | Secretary | 40 | $75,093 |
| An Sreeram | Trustee | 1.5 | — |
| Bryan Hill | Trustee | 1.5 | — |
| Carolyn S Clark | Chair | 1.5 | — |
| Cheryl R Blanchard | Trustee | 1.5 | — |
| Christine E Heckle | Trustee | 1.5 | — |
| Craig J Peretz | Trustee | 1.5 | — |
| Dennis Kessler | Trustee | 1.5 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Avi Foodsystems Inc | Food Service Vendor | $5,180,302 |
| Center For Integrated Teacher Education | Professional Services | $2,215,904 |
| Universal Builders | Contracted Services | $1,715,007 |
| Chenango Contracting Inc | Contracted Services | $770,737 |
| Cpl Architects | Contracted Services | $689,036 |
Grants received · $9.3M total
74 grants to Alfred University totaling $9.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $181,500 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $80,300 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $50,000 |
| American Online Giving Foundation Inc | General support | 2024 | $17,453 |
| The Blackbaud Giving Fund | General support | 2024 | $15,000 |
| American Endowment Foundation | Educational | 2024 | $6,500 |
| National Philanthropic Tr | Education | 2023 | $350,000 |
| Donor Advised Charitable Giving | Education | 2023 | $151,950 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $146,776 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2023 | $88,129 |
| Raymond James Charitable Endowment Fund | General support | 2023 | $50,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $15,000 |
| Community Foundation For Greater Buffalo Inc | Charitable support. any restrictions have been communicated to the grantee. | 2023 | $15,000 |
| Cornell University | Research | 2023 | $6,269 |
| Foodlink Inc | Food grants, operational support | 2023 | $5,514 |
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Compare Alfred University
Frequently asked questions
- Is Alfred University a legitimate nonprofit?
- Yes. Alfred University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 16-0743900, based in Alfred, New York. Donations are tax-deductible.
- What is Alfred University's EIN?
- Alfred University's Employer Identification Number (EIN) is 16-0743900.
- How much revenue does Alfred University report?
- Alfred University reported $136,262,762 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Alfred University's spending goes to programs?
- Alfred University spends about 88% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Alfred University have?
- CharityIndex grades Alfred University A, based on program efficiency and fundraising cost.
- How much does Alfred University's highest-paid employee make?
- The highest reported compensation on Alfred University's latest Form 990 is $512,677, paid to Mark Zupan (President).
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Data for Alfred University (EIN 16-0743900) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.