Civic Intelligence

California State University Dominguez Hills Toro Auxiliary Par

990 • Fiscal year 2017 • EIN 95-2543028

Jul 01, 2016 to Jun 30, 2017 • Filed on May 14, 2018

1000 E Victoria Street SCC 202Carson, CA 90747

(310) 243-3306

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

83rd percentile

0.72x

Higher debt load relative to assets than 83% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

77th percentile

0.88x

Higher debt load relative to revenue than 77% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

37th percentile

0.2%

Higher net margin than 37% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

88th percentile

$435,011

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

89th percentile

30%

Faster asset growth than 89% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

60th percentile

8.7%

Faster revenue growth than 60% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Up

$23,720,962

Up $5,457,194 (+30%) from 2016

Net Assets

Up

$6,715,923

Up $995,277 (+17%) from 2016

Liabilities

Up

$17,005,039

Up $4,461,917 (+36%) from 2016

Revenue

Up

$19,287,234

Up $1,540,479 (+8.7%) from 2016

Expenses

Down

$19,240,824

Down $14,596,929 (-43%) from 2016

Net Income

Up

$46,410

Up $16,137,408 (+100%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2010: $17,309,346Liabilities 2010: $4,333,398Net Assets 2010: $12,975,9482010Assets 2011: $19,064,426Liabilities 2011: $4,380,875Net Assets 2011: $14,683,5512011Assets 2012: $21,034,625Liabilities 2012: $5,352,703Net Assets 2012: $15,681,9222012Assets 2013: $23,703,161Liabilities 2013: $5,028,714Net Assets 2013: $18,674,4472013Assets 2014: $25,510,543Liabilities 2014: $5,780,918Net Assets 2014: $19,729,6252014Assets 2015: $28,051,694Liabilities 2015: $5,863,361Net Assets 2015: $22,188,3332015Assets 2016: $18,263,768Liabilities 2016: $12,543,122Net Assets 2016: $5,720,6462016Assets 2017: $23,720,962Liabilities 2017: $17,005,039Net Assets 2017: $6,715,9232017Assets 2018: $26,440,527Liabilities 2018: $16,627,601Net Assets 2018: $9,812,9262018Assets 2019: $23,834,733Liabilities 2019: $14,282,054Net Assets 2019: $9,552,6792019Assets 2020: $22,763,966Liabilities 2020: $15,662,509Net Assets 2020: $7,101,4572020Assets 2021: $11,765,317Liabilities 2021: $5,372,255Net Assets 2021: $6,393,0622021Assets 2022: $17,286,262Liabilities 2022: $11,774,388Net Assets 2022: $5,511,8742022Assets 2023: $22,501,298Liabilities 2023: $12,765,442Net Assets 2023: $9,735,8562023Assets 2024: $24,820,066Liabilities 2024: $13,369,962Net Assets 2024: $11,450,1042024

Highlighted filing

2017

Assets$23,720,962
Liabilities$17,005,039
Net Assets$6,715,923

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$40M$20M$0-$20MExpenses 2010: $16,847,4212010Expenses 2011: $19,402,3882011Expenses 2012: $19,425,0372012Expenses 2013: $19,856,0962013Revenue 2014: $19,978,632Expenses 2014: $20,550,524Net Income 2014: -$571,8922014Revenue 2015: $26,390,342Expenses 2015: $19,792,768Net Income 2015: $6,597,5742015Revenue 2016: $17,746,755Expenses 2016: $33,837,753Net Income 2016: -$16,090,9982016Revenue 2017: $19,287,234Expenses 2017: $19,240,824Net Income 2017: $46,4102017Revenue 2018: $21,072,845Expenses 2018: $19,934,817Net Income 2018: $1,138,0282018Revenue 2019: $18,956,748Expenses 2019: $19,904,143Net Income 2019: -$947,3952019Revenue 2020: $14,857,407Expenses 2020: $16,898,134Net Income 2020: -$2,040,7272020Revenue 2021: $14,222,352Expenses 2021: $17,611,732Net Income 2021: -$3,389,3802021Revenue 2022: $20,367,956Expenses 2022: $20,422,836Net Income 2022: -$54,8802022Revenue 2023: $28,842,838Expenses 2023: $25,367,287Net Income 2023: $3,475,5512023Revenue 2024: $28,058,940Expenses 2024: $27,411,120Net Income 2024: $647,8202024

Highlighted filing

2017

Revenue$19,287,234
Expenses$19,240,824
Net Income$46,410
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 14, 2018
Return Version
2016v3.0
Gross Receipts
$20,564,710
Mission and Program Overview

Mission

The organization's primary exempt purpose is to assist California State University, Dominguez Hills in various activities including 1) developing and administering research and educational grants and contracts, 2) conducting bookstore, food service and vending machine operations on the campus, 3) accumulating and managing endowment and student scholarship funds, and 4) administering various educational-related functions, special programs and other activities.

The organization's primary exempt purpose is to assist California State University, Dominguez Hills in various activities including 1) developing and administering research and educational grants and contracts, 2) conducting bookstore, food service and vending machine

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$4,803,829$10,818,719▲ $6,014,890
Investments in Publicly Traded Securities$9,265,964$9,987,265▲ $721,301
Investments Other Securities$1,051,438$1,057,823▲ $6,385
Accounts Receivable$788,257$802,679▲ $14,422
Pledges and Grants Receivable$1,787,232$622,197▼ $1,165,035
Land, Buildings, and Equipment, Net$551,693$371,101▼ $180,592
Inventories for Sale or Use$46,190$32,987▼ $13,203
Prepaid Expenses and Deferred Charges$-30,835$28,191▲ $59,026
Cash and Non-Interest-Bearing Accounts-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Total Assets$18,263,768$23,720,962▲ $5,457,194
Other Assets Total-$0-
Liabilities
Other Liabilities$11,708,666$16,077,776▲ $4,369,110
Accounts Payable and Accrued Expenses$333,206$442,807▲ $109,601
Deferred Revenue$200,000$190,081▼ $9,919
Mortgage Notes Payable Secured by Investment Property$191,251$180,023▼ $11,228
Grants Payable$109,999$114,352▲ $4,353
Total Liabilities$12,543,122$17,005,039▲ $4,461,917
Net Assets / Fund Balance
Unrestricted Net Assets$5,720,646$6,715,923▲ $995,277
Total Net Assets Fund Balance$5,720,646$6,715,923▲ $995,277
Total Liabilities and Net Assets / Fund Balance$18,263,768$23,720,962▲ $5,457,194

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$181,845$237,798$419,643
Leasehold Improvements$168,475$67,695$236,170
Equipment$20,029$165,286$185,315
Other Land Buildings$752$6,187$6,939
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Carrie StewartDirector-$123,284$28,828$152,112
Richard ChesterAssoc Exec DirectorFT$108,552$36,979$145,531
Dr Rod HernandezDirector--$139,249$139,249

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
RclcoReal Estate Planning7200 Wisconsin Avenue 11th Floor, Bethesda, MD 20814$284,209
Vital Research LLCEvaluation services6380 Wilshire Blvd 1700, Los Angeles, CA 90048$177,523
Revenue and Support

Revenue Composition

Contributions and Grants
$13,932,878
Program Service Revenue
$1,189,133
Investment Income
$374,467
Other Revenue
$3,790,756
All Other Contributions
$566,802
Change in Net Assets
$46,410

Audited Revenue Reconciliation

Revenue per Audited Statements
$19,287,234
Revenue Not Reported on Form 990
$2,003,943
Total Revenue per Audited Statements
$21,291,177
Total Revenue per Form 990
$19,287,234
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$8,999,358
Other Expenses$7,108,928
Grants and Similar Amounts Paid$3,132,538
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,124,472$605,283-$6,729,755
Grants to Domestic Orgs$3,132,538--$3,132,538
All Other Expenses$1,730,217$308,268-$2,038,485
Other Employee Benefits$1,095,700$215,516-$1,311,216
Payroll Taxes$496,530$66,720-$563,250
Travel$473,075$12,229-$485,304
Other Expenses$436,417$20,420-$456,837
Pension Plan Contributions$185,268$38,654-$223,922
Occupancy$181,383--$181,383
Current Officers, Directors, Trustees, and Key Employees-$171,215-$171,215
Depreciation Depletion$37,746$51,342-$89,088
Conferences and Meetings$78,328$2,881-$81,209
Advertising$52,088$4,929-$57,017
Insurance-$46,023-$46,023
Fees for Services Legal$16,279$28,037-$44,316
Information Technology$23,760$980-$24,740
Fees for Services Accounting-$18,923-$18,923
Interest-$9,577-$9,577
Total Functional Expenses$16,439,974$2,800,850$0$19,240,824

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$20,295,900
Expenses per Audited Statements$19,240,824
Total Expenses per Form 990$19,240,824
Expenses Not Reported on Form 990$1,055,076
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
CSU Dominguez HillsCarson, CA-Svcs and scholarships to students$2,508,489
UCLA Office of ContracLos Angeles, CA-Svcs and scholarships to students$196,659
Los Angeles CommunityLos Angeles, CA-Svcs and scholarships to students$159,420
Claremount Graduate UniverityClaremount, CA-Svcs and scholarships to students$118,524
CSU TrusteesLong Beach, CA-Svcs and scholarships to students$64,706
Csuf AscFullerton, CA-Svcs and scholarships to students$30,144
University EnterprisesSan Bernardino, CA-Svcs and scholarships to students$26,977
San Jose State UniversitySan Jose, CA-Svcs and scholarships to students$13,335
CSU Fresno FoundationFresno, CA-Svcs and scholarships to students$7,292
University CorporationNorthridge, CA-Svcs and scholarships to students$6,992
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Agency Funds Held in Trust$12,589,796
Postemployment Benefits$3,468,355
Other Liabilities$19,625
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 family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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, Line 11B: Form 990 Review Process

A copy of the Form 990 is presented to the Board for comments and/or approval prior to filing the form.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The Foundation requires that all members of the Board of Directors, as well as all central office staff and campus dining managers and supervisors complete and sign the Foundation's "Conflict of Interest Statement" annually. A file is mandated of the signed statements received and follow up letters are sent out until the signed statements are received.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Human Resources performs market research based on industry and size when determining compensation for the CEO, Executive Director or other top management officials of the organization. The Board reviews and approves the compensation amounts.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Human Resources performs market research based on industry and size when determining compensation for officers or key employees of the organization. The Board reviews and approves the compensation amounts.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The Foundation's bylaws, procedures, tax returns, and annual audited financial statements are available for review on the California State University, Dominguez Hills' website as well as upon request.

Filing and Contact Details

Filer

Filer Name
California State University Dominguez
EIN
95-2543028
Phone
3102433306
Address
1000 E Victoria Street SCC 202, Carson, CA 90747

Signing Officer

Name
Fay Ji
Title
Controller
Signed
2018-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Fay Ji
Formed
1968
Legal Domicile
CA
Voting Board Members
15
Independent Board Members
9
Employees
728

Preparer

Firm
Vasin Heyn & Company
Address
5000 N Parkway Calabasas 201, Calabasas, CA 91302
Preparer
Rolland Vasin
Phone
8182223500
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E: Other Expenses

Bad Debt Expense: Column (A) - Total = $0; Column (B) - Program Services = $-6320; Column (C) - Management & General = $6320; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Commissions: Column (A) - Total = $29613; Column (B) - Program Services = $0; Column (C) - Management & General = $29613; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Dues and Subscriptions: Column (A) - Total = $15549; Column (B) - Program Services = $14648; Column (C) - Management & General = $901; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Education and Training: Column (A) - Total = $413193; Column (B) - Program Services = $412571; Column (C) - Management & General = $622; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Food: Column (A) - Total = $35242; Column (B) - Program Services = $35242; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Grants made: Column (A) - Total = $1500; Column (B) - Program Services = $1500; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Honoraria: Column (A) - Total = $177678; Column (B) - Program Services = $177678; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Indirect Costs: Column (A) - Total = $64468; Column (B) - Program Services = $0; Column (C) - Management & General = $64468; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Interfund Transfers: Column (A) - Total = $1260; Column (B) - Program Services = $1260; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Membership Dues and Fees: Column (A) - Total = $288388; Column (B) - Program Services = $213919; Column (C) - Management & General = $74469; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Miscellaneous Expense: Column (A) - Total = $774; Column (B) - Program Services = $774; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Permits and Fees: Column (A) - Total = $35362; Column (B) - Program Services = $35362; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Postage and Shipping: Column (A) - Total = $7519; Column (B) - Program Services = $1746; Column (C) - Management & General = $5773; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Printing and Publications: Column (A) - Total = $71123; Column (B) - Program Services = $63096; Column (C) - Management & General = $8027; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Public Relations: Column (A) - Total = $61204; Column (B) - Program Services = $61204; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Repairs and Maintenance: Column (A) - Total = $138586; Column (B) - Program Services = $43104; Column (C) - Management & General = $95482; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Scholarships: Column (A) - Total = $6064; Column (B) - Program Services = $6064; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Small Equipment: Column (A) - Total = $10651; Column (B) - Program Services = $10651; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Special Events Expense: Column (A) - Total = $260831; Column (B) - Program Services = $260407; Column (C) - Management & General = $424; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Student Activity Related: Column (A) - Total = $67617; Column (B) - Program Services = $67617; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Student Fees: Column (A) - Total = $124799; Column (B) - Program Services = $124799; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Subcontracts: Column (A) - Total = $7000; Column (B) - Program Services = $7000; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Taxes and Licenses: Column (A) - Total = $9917; Column (B) - Program Services = $9917; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Telephone: Column (A) - Total = $26166; Column (B) - Program Services = $17043; Column (C) - Management & General = $9123; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Tuition: Column (A) - Total = $-2290; Column (B) - Program Services = $-2290; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Utilities: Column (A) - Total = $170642; Column (B) - Program Services = $157596; Column (C) - Management & General = $13046; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Workshops: Column (A) - Total = $15629; Column (B) - Program Services = $15629; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part XII, Line 2: Change of Oversight or Selection Process

The Foundation has an Audit Committee that assumes responsibility for oversight of the audit of its financial statements. The selection of an independent accountant is also performed by the Audit Committee.

Financial Statement Notes

Part X : FIN48 Footnote

The Foundation is exempt from Federal income taxes under Section 501(c)(3) of the Internal Revenue Code and California income taxes under section 23701(d) of the California Revenue and Taxation Code. The IRS classified the organization as one that is not a private foundation within the meaning of section 509(a) of the Code because it is an organization described in section(s) 509(a)(1) and 170(b)(1)(A)(vi).The Foundation has evaluated its tax positions and the certainty as to whether those tax positions will be sustained in the event of an audit by taxing authorities at the federal and state levels. The primary tax positions evaluated are related to the Foundations continued qualification as a tax-exempt organization and whether there is unrelated business income activities conducted that would be taxable. Management has determined that all income tax positions will more likely than not be sustained upon potential audit or examination; therefore, no disclosures of uncertain income tax positions are required.The Foundations Forms 990, Return of Organization Exempt from Income Tax, for each of the three tax years ended June 30, 2016, 2015, and 2014, are subject to examination by the IRS, generally for 3 years after they were filed.

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Cost of goods sold $874993 Rental property expense $180083

Part XII, Line 2D: Other expenses and losses per audited F/S

Cost of goods sold $874993 Rental property expense $180083

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IRS990/Desc0The Foundation provides fiscal services for grants and contracts. These grants and contracts which are received from outside sources including the United States government, the State of California agencies as well as from private foundations, fund various projects. These projects include funding research in numerous areas as well as providing training and support for students studying to become teachers, social workers, and other professionals. Other grants encourage and work with first generation, under represented students to attend college as well as provide support in obtaining their baccalaureate and post baccalaureate degrees.
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IRS990/MissionDesc0The organization's primary exempt purpose is to assist California State University, Dominguez Hills in various activities including 1) developing and administering research and educational grants and contracts, 2) conducting bookstore, food service and vending machine operations on the campus, and 3) administering various educational-related functions, special programs and other activities.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$24.8$13.4$11.5$28.1$27.4$0.65
2023Detailed filing. Detailed filing data is available for this year.$22.5$12.8$9.74$28.8$25.4$3.48
2022Detailed filing. Detailed filing data is available for this year.$17.3$11.8$5.51$20.4$20.4$0.05
2021Detailed filing. Detailed filing data is available for this year.$11.8$5.37$6.39$14.2$17.6$3.39
2020Detailed filing. Detailed filing data is available for this year.$22.8$15.7$7.10$14.9$16.9$2.04
2019Detailed filing. Detailed filing data is available for this year.$23.8$14.3$9.55$19.0$19.9$0.95
2018Detailed filing. Detailed filing data is available for this year.$26.4$16.6$9.81$21.1$19.9$1.14
2017Detailed filing. Detailed filing data is available for this year.$23.7$17.0$6.72$19.3$19.2$0.05
2016Detailed filing. Detailed filing data is available for this year.$18.3$12.5$5.72$17.7$33.8$16.1
2015Detailed filing. Detailed filing data is available for this year.$28.1$5.86$22.2$26.4$19.8$6.60
2014Detailed filing. Detailed filing data is available for this year.$25.5$5.78$19.7$20.0$20.6$0.57
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.7$5.03$18.7$19.9
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.0$5.35$15.7$19.4
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.1$4.38$14.7$19.4
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.3$4.33$13.0$16.8