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Faculty-Student Association of State

Fredonia, New York · EIN 16-0728535 · Education · tax-exempt since 1953

A

Charity Clarity grade A (score 82.6 of 100), based on the Form 990 for the year ended May 2026.

Graded against 26,129 education nonprofits with revenue $10M–$50M filing the same form. A = top 10%, B = next 20%, C = middle 40%, D = next 20%, F = bottom 10%.

What goes into the grade

MeasureThis charityScore (0–100)
ReservesMonths of spending covered by unrestricted net assets.15.6 months82
GovernanceBoard independence, key policies and audit, per the 990.81% of practices81
Margin stabilityHow steady the surplus or deficit is year to year.60
Revenue spreadHow much revenue rests on one type of income.0% from one source100
Filing recordOn-time, complete filings, year after year.100%100
Program spendingSelf-reported by the filer.99.7%not scored
Management costsShare of spending.0.3%not scored

Scores compare this charity with its peer group; 100 is best. How Charity Clarity rates charities.

Year by year

20162017201820192020202120222023202420252026grey: revenue · green: spending
Year endedFormRevenueSpendingSurplusNet assetsMonths of spendingStaffGrade
May 2026Form 990$12.65M$12.75M−$100K$16.55M15.6397A
May 2025Form 990$12.82M$12.31M$507K$16.71M16.3437A
May 2024Form 990$12.05M$11.89M$167K$16.27M16.4430A
May 2023Form 990$12.32M$12.85M−$528K$16.05M15.0476B
May 2022Form 990$14.96M$12.62M$2.35M$16.58M15.8486B
May 2021Form 990$12.95M$12.29M$659K$14.44M14.1587B
May 2020Form 990$13.41M$14.60M−$1.19M$13.96M11.5624A
May 2019Form 990$16.45M$15.48M$971K$14.84M11.5601A
May 2018Form 990$16.15M$15.70M$453K$13.67M10.5567A
May 2017Form 990$15.85M$15.67M$186K$13.36M10.2631A
May 2016Form 990$16.82M$16.50M$327K$13.23M9.6680A

From the organisation’s own IRS filings. “Months of spending” is total net assets divided by a month of that year’s spending. A blank grade means that year was not rated.

Read the filings

Every figure here comes from the returns this charity filed with the IRS. These sites show the full returns and more about the organisation:

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