Civic Intelligence

California State University Bakersfield

EIN 95-2643086 • 501(c)3 • Bakersfield, CA

Profile

The foundation supports california state university, bakersfield by advocating on behalf of the university, fundraising for university programs and activities, and managing the finances of the foundation and the university endowment.

9001 Stockdale HighwayBakersfield, CA 93311

www.csub.edu/FOUNDATION

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

15th percentile

0.02x

Higher debt load relative to assets than 15% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

34th percentile

0.19x

Higher debt load relative to revenue than 34% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

77th percentile

22%

Higher net margin than 77% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

76th percentile

$622,451

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 9.2% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

64th percentile

9.5%

Faster asset growth than 64% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

53rd percentile

9.6%

Faster revenue growth than 53% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets15th percentile

Assets

Up

$62,258,639

Up $5,394,932 (+9.5%) from 2023

Liabilities

Up

$1,253,617

Up $25,927 (+2.1%) from 2023

Net Assets

Up

$61,005,022

Up $5,369,005 (+9.7%) from 2023

Operations
Liabilities / Revenue34th percentileNet Margin77th percentile

Revenue

Up

$6,741,769

Up $590,668 (+9.6%) from 2023

Expenses

Down

$5,269,941

Down $1,513,291 (-22%) from 2023

Net Income

Up

$1,471,828

Up $2,103,959 (+333%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth64th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80M$60M$40M$20M$0Assets 2011: $35,900,125Liabilities 2011: $4,222,545Net Assets 2011: $31,677,5802011Assets 2012: $29,583,535Liabilities 2012: $3,063,237Net Assets 2012: $26,520,2982012Assets 2013: $34,128,717Liabilities 2013: $3,672,687Net Assets 2013: $30,456,0302013Assets 2014: $38,065,515Liabilities 2014: $3,808,502Net Assets 2014: $34,257,0132014Assets 2015: $39,256,954Liabilities 2015: $4,685,416Net Assets 2015: $34,571,5382015Assets 2016: $39,138,505Liabilities 2016: $3,718,670Net Assets 2016: $35,419,8352016Assets 2017: $41,519,301Liabilities 2017: $2,367,704Net Assets 2017: $39,151,5972017Assets 2018: $41,449,513Liabilities 2018: $1,808,858Net Assets 2018: $39,640,6552018Assets 2019: $40,391,094Liabilities 2019: $1,635,231Net Assets 2019: $38,755,8632019Assets 2020: $43,589,576Liabilities 2020: $2,406,111Net Assets 2020: $41,183,4652020Assets 2021: $60,187,638Liabilities 2021: $4,058,331Net Assets 2021: $56,129,3072021Assets 2022: $54,926,686Liabilities 2022: $2,172,628Net Assets 2022: $52,754,0582022Assets 2023: $56,863,707Liabilities 2023: $1,227,690Net Assets 2023: $55,636,0172023Assets 2024: $62,258,639Liabilities 2024: $1,253,617Net Assets 2024: $61,005,0222024

Highlighted filing

2024

Assets$62,258,639
Liabilities$1,253,617
Net Assets$61,005,022
Open 2024 Filing

Operations Trend

Revenue Growth53rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2011: $7,837,2752011Expenses 2012: $6,697,4492012Expenses 2013: $6,109,4912013Revenue 2014: $10,112,423Expenses 2014: $9,842,269Net Income 2014: $270,1542014Revenue 2015: $7,238,432Expenses 2015: $6,460,878Net Income 2015: $777,5542015Revenue 2016: $10,033,649Expenses 2016: $7,517,579Net Income 2016: $2,516,0702016Revenue 2017: $5,472,963Expenses 2017: $5,959,206Net Income 2017: -$486,2432017Revenue 2018: $5,475,307Expenses 2018: $6,755,808Net Income 2018: -$1,280,5012018Revenue 2019: $7,169,678Expenses 2019: $7,447,671Net Income 2019: -$277,9932019Revenue 2020: $6,559,376Expenses 2020: $4,789,488Net Income 2020: $1,769,8882020Revenue 2021: $14,984,541Expenses 2021: $4,431,978Net Income 2021: $10,552,5632021Revenue 2022: $12,691,880Expenses 2022: $10,216,013Net Income 2022: $2,475,8672022Revenue 2023: $6,151,101Expenses 2023: $6,783,232Net Income 2023: -$632,1312023Revenue 2024: $6,741,769Expenses 2024: $5,269,941Net Income 2024: $1,471,8282024

Highlighted filing

2024

Revenue$6,741,769
Expenses$5,269,941
Net Income$1,471,828
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$62,258,639
Liabilities
$1,253,617
Net assets
$61,005,022
Revenue
$6,741,769
Expenses
$5,269,941
Net income
$1,471,828
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$62.3$1.25$61.0$6.74$5.27$1.47
2023Detailed filing. Detailed filing data is available for this year.$56.9$1.23$55.6$6.15$6.78$0.63
2022Detailed filing. Detailed filing data is available for this year.$54.9$2.17$52.8$12.7$10.2$2.48
2021Detailed filing. Detailed filing data is available for this year.$60.2$4.06$56.1$15.0$4.43$10.6
2020Detailed filing. Detailed filing data is available for this year.$43.6$2.41$41.2$6.56$4.79$1.77
2019Detailed filing. Detailed filing data is available for this year.$40.4$1.64$38.8$7.17$7.45$0.28
2018Summary only. Only limited summary data is available for this year.$41.4$1.81$39.6$5.48$6.76$1.28
2017Detailed filing. Detailed filing data is available for this year.$41.5$2.37$39.2$5.47$5.96$0.49
2016Detailed filing. Detailed filing data is available for this year.$39.1$3.72$35.4$10.0$7.52$2.52
2015Detailed filing. Detailed filing data is available for this year.$39.3$4.69$34.6$7.24$6.46$0.78
2014Detailed filing. Detailed filing data is available for this year.$38.1$3.81$34.3$10.1$9.84$0.27
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.1$3.67$30.5$6.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.6$3.06$26.5$6.70
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.9$4.22$31.7$7.84
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 15, 2025
Return Version
2023v6.0
Gross Receipts
$22,001,197
Mission and Program Overview

Mission

The foundation supports california state university, bakersfield by advocating on behalf of the university, fundraising for university programs and activities, and managing the finances of the foundation and the university endowment.

Provide support for california state university, bakersfield in fulfilling its mission.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$29,834,760$33,635,867▲ $3,801,107
Cash and Non-Interest-Bearing Accounts$10,701,183$13,096,439▲ $2,395,256
Investments Other Securities$6,125,662$8,372,975▲ $2,247,313
Savings and Temporary Cash Investments$3,992,253$3,797,430▼ $194,823
Pledges and Grants Receivable$5,569,080$3,224,669▼ $2,344,411
Land, Buildings, and Equipment, Net$35,046$28,294▼ $6,752
Prepaid Expenses and Deferred Charges$2,631$2,143▼ $488
Accounts Receivable$3,171$1,430▼ $1,741
Total Assets$56,863,707$62,258,639▲ $5,394,932
Other Assets Total$599,921$99,392▼ $500,529
Liabilities
Other Liabilities$957,112$1,044,214▲ $87,102
Accounts Payable and Accrued Expenses$194,698$203,803▲ $9,105
Deferred Revenue$75,880$5,600▼ $70,280
Total Liabilities$1,227,690$1,253,617▲ $25,927
Net Assets / Fund Balance
Net Assets With Donor Restrictions$52,998,424$57,651,224▲ $4,652,800
Net Assets Without Donor Restrictions$2,637,593$3,353,798▲ $716,205
Total Net Assets Fund Balance$55,636,017$61,005,022▲ $5,369,005
Total Liabilities and Net Assets / Fund Balance$56,863,707$62,258,639▲ $5,394,932

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,674$1,562,915$1,570,589
Leasehold Improvements$17,481$287,805$305,286
Buildings$0$12,127$12,127
Land$3,139-$3,139
Closely Held Equity Interests$8,372,975--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$37,162,254$2,847,871▲ $4,239,694$598,171$42,735,229
2022$35,096,739$1,056,492▲ $2,526,003$546,453$37,162,254
2021$35,026,548$6,441,874▼ $4,643,419$733,570$35,096,739
2020$26,944,055$3,076,004▲ $7,582,303$425,242$36,234,619
2019$25,474,074$2,304,764▲ $458,698$390,789$26,944,055
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleBaseOtherTotal
Dr Brittany K SanchezFaculty Representative-$122,258$122,258
Dr Lynnette ZeleznyFormer President$11,124$611,327$11,124
Thom DavisTreasurer$6,196$353,948$6,196

Board Members and Trustees

NameTitle
Connie Perez-andreesenChair of the Board
Daisy AlamilloAsi President
Andres ChavezPresident for Alumni Association
Dr Vernon B HarperUniversity President
Nick AmbrosiniVice Chair of the Board
Aimee BlaineDirector
Angelo MazzeiDirector
Dr Javier BustamanteDirector
Dr Ravi PatelDirector
Emily DuranDirector
Geoffrey B KingDirector
Greg BynumDirector
Jacob PaneroDirector
Jon Van BoeningDirector
Jp LakeDirector
Megan LopezDirector
Melinda PalmerDirector
Morgan ClaytonDirector
Omar HayatDirector
Raji BrarDirector
Steve AndersonDirector
Xochitl M GarciaDirector
Heath NiemeyerExecutive Director

Highest Paid Contractors

ContractorServicesLocationCompensation
Pacific West Sound INCAutomated Tracking Camera System, Audio/521 E 21ST ST, Bakersfield, CA 93305$104,802
Revenue and Support

Revenue Composition

Contributions and Grants
$5,330,746
Program Service Revenue
$768,588
Investment Income
$647,334
Other Revenue
$-4,899
All Other Contributions
$5,184,080
Change in Net Assets
$1,471,828

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded3$102,778-
Other Non Cash Contri Table97$20,596Fair Market Value (FMV)
Other Non Cash Contri Table4$5,920Fair Market Value (FMV)
Other Non Cash Contri Table1$200Fair Market Value (FMV)
Total Noncash Contributions105$129,494-

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,579,400
Revenue Not Reported on Financial Statements
$162,369
Revenue Not Reported on Form 990
$6,572,013
Total Revenue per Audited Statements
$13,151,413
Total Revenue per Form 990
$6,741,769
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,301,966
Grants and Similar Amounts Paid$1,912,829
Salaries, Compensation, and Employee Benefits$1,055,146
Total Fundraising Expense$398,179
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,912,829--$1,912,829
Other Salaries and Wages$817,897$1,214-$819,111
Travel$404,189$10,212$26,895$441,296
Office Expenses$154,032$39,341$111,246$304,619
Information Technology$42,932$29,981$149,846$222,759
Other Employee Benefits$58,144$157,427$6,300$221,871
Fees for Service Investment Mgmnt Fees-$162,369-$162,369
Conferences and Meetings$60,527$4,577$39,639$104,743
Fees for Services Other$80,074$6,750$2,449$89,273
Other Expenses$32,357$23,545$3,124$59,026
Fees for Services Accounting-$55,000-$55,000
All Other Expenses$51,086$1,678$195$52,959
Advertising$3,306$35,417$8,789$47,512
Insurance$14,829$13,953$895$29,677
Occupancy$17,784$10,841$843$29,468
Payroll Taxes$14,143$21-$14,164
Depreciation Depletion$3,051$3,701-$6,752
Fees for Services Legal-$1,728-$1,728
Total Functional Expenses$4,114,474$757,288$398,179$5,269,941

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,695,672
Total Expenses per Form 990$5,269,941
Expenses per Audited Statements$5,107,572
Expenses Not Reported on Form 990$2,588,100
Expenses Not Reported on Financial Statements$162,369
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
California State University BakersfieldBakersfield, CA115Scholarships$1,273,713
Associated Students California State University BakersfieldBakersfield, CA501(c)(3)Scholarships$358,829
California State University BakersfieldBakersfield, CA115Program Support$83,131
Associated Students California State University BakersfieldBakersfield, CA501(c)(3)Program Support$5,700

International Summary

Offices
0
Employees
0
Spending
$2,703,265

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas,Investments---$2,703,265
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$229,317
Fundraising Gross Income$189,100
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Hot Stove$120,216$81,293$21,197$60,096
Spring Bbq$98,333$63,876$17,943$45,933
Total Events$332,142$189,100$229,317$-40,217
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Post-employment Benefits Other Than Pensions$778,666
Due to Related Parties$265,548
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Prior to submission, the california state university, bakersfield, foundation executive director, as well as the associate vice president and chief accounting officer, and director of accounting, review and verify the information reported in the tax return for accuracy and completeness.”

Form 990, Part VI, Section B, Line 12C

“Annually all board of directors are required to complete a conflict of interest form and it is reviewed by management for any conflicts.”

Form 990, Part VI, Section B, Line 15

“The organization does not have any paid officers or directors. California state university, bakersfield, a related organization, does compensate the officers and directors and has a formal compensation review policy.”

Form 990, Part VI, Section C, Line 18

“All documents are posted to a link on the website for reporting transparency.”

Form 990, Part VI, Section C, Line 19

“All documents are posted to a link on the website for reporting transparency. Https://www.csub.edu/foundation/reporting-transparency.shtml”

Filing and Contact Details

Filer

Filer Name
California State University Bakersfield
EIN
95-2643086
Phone
6616543579
Address
9001 STOCKDALE HIGHWAY, BAKERSFIELD, CA 93311

Signing Officer

Name
Heath Niemeyer
Title
Executive Director
Phone
6616543579
Signed
2025-04-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Heath Niemeyer
Formed
1969
Legal Domicile
CA
Voting Board Members
25
Independent Board Members
21
Employees
7
Volunteers
0

Preparer

Firm
Aldrich Cpas and Advisors Llp
Address
680 HAWTHORNE AVE SE 140, SALEM, OR 97301
Preparer
Ryan M Johnson CPA
Phone
5035857774
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Change in post-employment benefits other than pensions -43,368.”

Financial Statement Notes

PART III, LINE 4:

“Works of art and other collections including: artwork, sculptures, african antelope, and a rock collection. These items are available for viewing, study and research.”

PART V, LINE 4:

“The foundation's endowments consist of funds established for a variety of purposes to support the organization's exempt purpose.”

PART X, LINE 2:

“The foundation follows accounting standards generally accepted in the united states of america related to the recognition of uncertain tax positions. The foundation recognizes accrued interest and penalties associated with uncertain tax positions as part of the statement of activities, when applicable. Management has determined that the foundation has no uncertain tax positions at june 30, 2024 and 2023 and therefore no amounts have been accrued.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Special event expense netted with related revenue 229,317.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Special event expense netted with related revenue 229,317. Loss on post-employment benefits other than pensions -43,368.”

Raw XML AppendixShowing 400 of 976 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0203803
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IRS990/AccountsReceivableGrp/EOYAmt01430
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE SUPPORT FOR CALIFORNIA STATE UNIVERSITY, BAKERSFIELD IN FULFILLING ITS MISSION.
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IRS990/EmployeeCnt07
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IRS990/Form990PartVIISectionAGrp/PersonNm6JON VAN BOENING
IRS990/Form990PartVIISectionAGrp/PersonNm7DR JAVIER BUSTAMANTE
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IRS990/Form990PartVIISectionAGrp/TitleTxt0FORMER PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIR OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt5UNIVERSITY PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19PRESIDENT FOR ALUMNI ASSOCIATION
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21ASI PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23FACULTY REPRESENTATIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
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IRS990/MissionDesc0THE FOUNDATION SUPPORTS CALIFORNIA STATE UNIVERSITY, BAKERSFIELD BY ADVOCATING ON BEHALF OF THE UNIVERSITY, FUNDRAISING FOR UNIVERSITY PROGRAMS AND ACTIVITIES, AND MANAGING THE FINANCES OF THE FOUNDATION AND THE UNIVERSITY ENDOWMENT.
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