STATE UNIVERSITY COLLEGE AT BROCKPORT FOUNDATION INC
Mission Statement
The mission of the State University College at Brockport Foundation, Inc. is to seek, secure and steward philanthropic support to advance The College at Brockport in its commitment to student success. Since 1976, the Brockport Foundation has partnered with The College at Brockport to foster a culture of philanthropy that honors and supports our mission of student success. The Foundation, in collaboration with the Offices of Development and Alumni Relations, oversees the investment and financial management of all gifts to the College. This group of committed volunteers dedicates its time, talent, and treasure to help ensure that sustainable funding for scholarships, academic and facility enhancements, and special events is available so that we may continue to provide our students with a transformational educational experience.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
88.3% | 84.5% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
1.8% | 13.0% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
9.9% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
134.0 mo | 8.6 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.3% | 23.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
55.1% | 90.7% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-33.8% | 7.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
30.0% | 11.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
20.4% | 3.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $3.6M | $2.9M | $32.1M | 88.3% | 0 |
| 2022 | $5.5M | $2.2M | $29.7M | 85.9% | 0 |
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