Civic Intelligence

Associated Students California State University Fullerton Inc

EIN 95-6006691 • 501(c)3 • Fullerton, CA

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Profile

The associated students, california state university, fullerton, inc. (asi) is the recognized student government at california state university, fullerton, advocating student interest on campus and in local, state and national forums. The asi strives to develop relevant and quality-minded services, facilities, and experiences which are responsive to members of the campus and surrounding communities.the asi fosters meaningful student development opportunities through leadership, volunteer, and employment experiences. In addition to out-of-classroom learning opportunities, the asi provides campus community members with important social, cultural, and recreational opportunities as well as a wide range of programs and services. In recognition of its responsibility to enhance student life, the asi encourages and supports the activities of all california state university, fullerton recognized student organizations whose activities stimulate individual and group participation within the commu

800 N State College PO Box 6828Fullerton, CA 92834-6828

www.asi.fullerton.edu

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.65x

Higher debt load relative to assets than 82% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

75th percentile

0.71x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

57th percentile

7.6%

Higher net margin than 57% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

66th percentile

10%

Faster asset growth than 66% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

37th percentile

1.6%

Faster revenue growth than 37% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets82nd percentile

Assets

Up

$25,946,278

Up $1,156,597 (+4.7%) from 2023

Liabilities

Up

$16,910,601

Up $793,204 (+4.9%) from 2023

Net Assets

Up

$9,035,677

Up $363,393 (+4.2%) from 2023

Operations
Liabilities / Revenue75th percentileNet Margin57th percentile

Revenue

Up

$23,249,293

Up $522,466 (+2.3%) from 2023

Expenses

Up

$23,787,786

Up $2,777,502 (+13%) from 2023

Net Income

Down

-$538,493

Down $2,255,036 (-131%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth66th percentile

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

$30M$20M$10M$0Assets 2010: $12,135,899Liabilities 2010: $3,706,879Net Assets 2010: $8,429,0202010Assets 2011: $13,002,197Liabilities 2011: $4,192,344Net Assets 2011: $8,809,8532011Assets 2012: $13,888,167Liabilities 2012: $4,186,241Net Assets 2012: $9,701,9262012Assets 2013: $14,009,420Liabilities 2013: $3,531,843Net Assets 2013: $10,477,5772013Assets 2014: $12,431,692Liabilities 2014: $4,573,826Net Assets 2014: $7,857,8662014Assets 2015: $11,811,296Liabilities 2015: $8,689,659Net Assets 2015: $3,121,6372015Assets 2016: $11,638,874Liabilities 2016: $8,418,556Net Assets 2016: $3,220,3182016Assets 2017: $12,467,581Liabilities 2017: $10,053,095Net Assets 2017: $2,414,4862017Assets 2018: $13,949,800Liabilities 2018: $11,024,769Net Assets 2018: $2,925,0312018Assets 2019: $14,581,586Liabilities 2019: $12,056,264Net Assets 2019: $2,525,3222019Assets 2020: $15,115,354Liabilities 2020: $12,879,991Net Assets 2020: $2,235,3632020Assets 2021: $19,373,780Liabilities 2021: $13,931,074Net Assets 2021: $5,442,7062021Assets 2022: $22,440,353Liabilities 2022: $12,194,973Net Assets 2022: $10,245,3802022Assets 2023: $24,789,681Liabilities 2023: $16,117,397Net Assets 2023: $8,672,2842023Assets 2024: $25,946,278Liabilities 2024: $16,910,601Net Assets 2024: $9,035,6772024

Highlighted filing

2024

Assets$25,946,278
Liabilities$16,910,601
Net Assets$9,035,677
Open 2024 Filing

Operations Trend

Revenue Growth37th percentile

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

$30M$20M$10M$0-$10MExpenses 2010: $12,478,9512010Expenses 2011: $13,110,5342011Expenses 2012: $13,121,8672012Expenses 2013: $14,218,4182013Revenue 2014: $14,628,579Expenses 2014: $17,492,358Net Income 2014: -$2,863,7792014Revenue 2015: $15,187,431Expenses 2015: $19,920,771Net Income 2015: -$4,733,3402015Revenue 2016: $15,951,236Expenses 2016: $15,809,846Net Income 2016: $141,3902016Revenue 2017: $16,780,035Expenses 2017: $17,775,113Net Income 2017: -$995,0782017Revenue 2018: $17,366,536Expenses 2018: $16,876,107Net Income 2018: $490,4292018Revenue 2019: $17,963,001Expenses 2019: $18,562,745Net Income 2019: -$599,7442019Revenue 2020: $17,626,836Expenses 2020: $17,181,469Net Income 2020: $445,3672020Revenue 2021: $16,235,589Expenses 2021: $13,195,681Net Income 2021: $3,039,9082021Revenue 2022: $22,369,454Expenses 2022: $19,220,543Net Income 2022: $3,148,9112022Revenue 2023: $22,726,827Expenses 2023: $21,010,284Net Income 2023: $1,716,5432023Revenue 2024: $23,249,293Expenses 2024: $23,787,786Net Income 2024: -$538,4932024

Highlighted filing

2024

Revenue$23,249,293
Expenses$23,787,786
Net Income-$538,493
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$25,946,278
Liabilities
$16,910,601
Net assets
$9,035,677
Revenue
$23,249,293
Expenses
$23,787,786
Net income
-$538,493
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$25.9$16.9$9.04$23.2$23.8$0.54
2023Detailed filing. Detailed filing data is available for this year.$24.8$16.1$8.67$22.7$21.0$1.72
2022Detailed filing. Detailed filing data is available for this year.$22.4$12.2$10.2$22.4$19.2$3.15
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.4$13.9$5.44$16.2$13.2$3.04
2020Detailed filing. Detailed filing data is available for this year.$15.1$12.9$2.24$17.6$17.2$0.45
2019Summary only. Only limited summary data is available for this year.$14.6$12.1$2.53$18.0$18.6$0.60
2018Detailed filing. Detailed filing data is available for this year.$13.9$11.0$2.93$17.4$16.9$0.49
2017Detailed filing. Detailed filing data is available for this year.$12.5$10.1$2.41$16.8$17.8$1.00
2016Detailed filing. Detailed filing data is available for this year.$11.6$8.42$3.22$16.0$15.8$0.14
2015Detailed filing. Detailed filing data is available for this year.$11.8$8.69$3.12$15.2$19.9$4.73
2014Detailed filing. Detailed filing data is available for this year.$12.4$4.57$7.86$14.6$17.5$2.86
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.0$3.53$10.5$14.2
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.9$4.19$9.70$13.1
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.0$4.19$8.81$13.1
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.1$3.71$8.43$12.5
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Mar 11, 2025
Return Version
2023v6.0
Gross Receipts
$37,729,490
Mission and Program Overview

Mission

The associated students, california state university, fullerton, inc. (asi) is the recognized student government at california state university, fullerton, advocating student interest on campus and in local, state and national forums. The asi strives to develop relevant and quality-minded services, facilities, and experiences which are responsive to members of the campus and surrounding communities.the asi fosters meaningful student development opportunities through leadership, volunteer, and employment experiences. In addition to out-of-classroom learning opportunities, the asi provides campus community members with important social, cultural, and recreational opportunities as well as a wide range of programs and services. In recognition of its responsibility to enhance student life, the asi encourages and supports the activities of all california state university, fullerton recognized student organizations whose activities stimulate individual and group participation within the commu

Provides student governance and advocates for student interest in local, state and national forums.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$19,912,204$21,667,896▲ $1,755,692
Land, Buildings, and Equipment, Net$1,446,833$1,328,155▼ $118,678
Accounts Receivable$1,319,460$1,123,547▼ $195,913
Cash and Non-Interest-Bearing Accounts$1,674,428$797,880▼ $876,548
Prepaid Expenses and Deferred Charges$120,143$368,416▲ $248,273
Savings and Temporary Cash Investments$302,516$356,443▲ $53,927
Inventories for Sale or Use$14,097$11,190▼ $2,907
Total Assets$24,789,681$25,946,278▲ $1,156,597
Other Assets Total$0$292,751▲ $292,751
Liabilities
Other Liabilities$13,451,790$14,140,060▲ $688,270
Accounts Payable and Accrued Expenses$1,269,983$1,238,028▼ $31,955
Escrow Account Liability$871,482$799,650▼ $71,832
Deferred Revenue$524,142$732,863▲ $208,721
Total Liabilities$16,117,397$16,910,601▲ $793,204
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,487,845$8,896,235▲ $408,390
Net Assets With Donor Restrictions$184,439$139,442▼ $44,997
Total Net Assets Fund Balance$8,672,284$9,035,677▲ $363,393
Total Liabilities and Net Assets / Fund Balance$24,789,681$25,946,278▲ $1,156,597

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,328,155$2,294,040$3,622,195
Other Securities$17,229,623--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dave EdwardsExecutive DirectorFT$207,510$54,598$262,108
Keya AllenAssociate Executive DirectorFT$172,802$33,340$206,142
Jeff FehrnChief Organizational OperationsFT$132,129$40,045$172,174
Kathleen PostalChief Financial OfficerFT$63,688$6,896$70,584

Board Members and Trustees

NameTitle
Ashley Zazueta RodriguezBoard Chair
Maysem AwadallaAsi President
Angela NguyenVice Chair
Mark ZavolkovVice President
Aida AryanDirector
Alisa FlowersDirector
Andrea Ramirez-riveraDirector
Anthony SengDirector
Brian RubioDirector
Brian WalkleyDirector
Carmen OrdianoDirector
Joe MoralesDirector
Jonathan AyalaDirector
Matthew Jarvis PhdDirector
Nicholas FurtadoDirector
Ramn AquinoDirector
Shawan MansoorDirector
Suzette MoralesDirector
Cameron MacedonioChief Campus Relations Officer
Alan RuelasChief Communications Officer
Sahar AmiriChief Governmental Officer
Jared BrownChief Inclusion & Diversity Officer
Gavin OngSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,813,505
Program Service Revenue
$20,225,178
Investment Income
$1,210,610
Other Revenue
$0
All Other Contributions
$431,828
Change in Net Assets
$-538,493

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
Food Inventory1$267,907Fair Market Value
Total Noncash Contributions1$267,907-

Audited Revenue Reconciliation

Revenue per Audited Statements
$23,210,617
Revenue Not Reported on Financial Statements
$38,676
Revenue Not Reported on Form 990
$8,640,038
Total Revenue per Audited Statements
$31,850,655
Total Revenue per Form 990
$23,249,293
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$13,145,130
Other Expenses$8,100,966
Grants and Similar Amounts Paid$2,541,690
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,430,175$2,720,758-$8,150,933
Other Employee Benefits$1,332,679$1,691,851-$3,024,530
Fees for Services Other$962,343$1,855,557-$2,817,900
Grants to Domestic Individuals$2,541,690--$2,541,690
Office Expenses$698,401$401,405-$1,099,806
Pension Plan Contributions$359,064$455,835-$814,899
Occupancy$29,448$659,480-$688,928
Current Officers, Directors, Trustees, and Key Employees-$670,388-$670,388
Payroll Taxes$213,429$270,951-$484,380
Insurance$65,963$327,540-$393,503
Depreciation Depletion$334$342,891-$343,225
Other Expenses$291,754$16,353-$308,107
All Other Expenses$97,077$204,267-$301,344
Travel$191,524$66,397-$257,921
Fees for Services Accounting-$125,682-$125,682
Fees for Service Investment Mgmnt Fees-$38,676-$38,676
Total Functional Expenses$12,858,558$10,929,228$0$23,787,786

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$32,868,008
Total Expenses per Form 990$23,787,786
Expenses per Audited Statements$23,749,110
Expenses Not Reported on Form 990$9,118,898
Expenses Not Reported on Financial Statements$38,676
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Unfunded Pension Obligation$10,520,615
Unfunded Post-retirement Liability$2,442,036
Related Party Payable$882,809
Lease Liability$294,600
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The exempt organization form 990 tax return is prepared by the independent accountant and presented in draft form, where it is reviewed by the executive director and the governing board. The tax return is not finalized until the executive director and the governing board have approved it.”

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

“The organization's conflict of interest policy must be read and signed annually by each board member.”

Form 990, Part VI, Section B, Line 15

“Asi participates in an annual salary survey of all csu auxiliary organizations (csu aoa) facilitated by employer's group. The salary level for asi's executive director is measured against these benchmarks, an analysis is prepared, and any increase recommendation is presented to the asi board of directors for individual review and approval. The salary levels for the other management positions as well as all other full-time staff are also measured against these benchmarks and are reviewed and approved by the board of directors as part of the annual overall human resources compensation and classification approval process.”

Form 990, Part VI, Section C, Line 19

“Asi's governing documents, conflict of interest policy, and financial statements are available on the asi website and upon request. Asi's governing documents, conflict of interest policy, and financial statements are available on the asi website and upon request.”

Filing and Contact Details

Filer

Filer Name
Associated Students Inc
EIN
95-6006691
Phone
6572782401
Address
800 N STATE COLLEGE PO BOX 6828, FULLERTON, CA 92834-6828

Signing Officer

Name
Dave Edwards
Title
Executive Director
Phone
6572782401
Signed
2025-03-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dave Edwards
Formed
1975
Legal Domicile
CA
Voting Board Members
18
Independent Board Members
2
Employees
655
Volunteers
876

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 IX, Line 11G

“Professional services: program service expenses 962,343. Management and general expenses 1,855,557. Fundraising expenses 0. Total expenses 2,817,900.”

FORM 990, PART XI, LINE 9:

“Pension and postretirement related changes other than service cost 690,373.”

Financial Statement Notes

PART IV, LINE 2B:

“Funds held for others consists of amounts that are included in cash and investments of asi but belong to other related organizations. The amounts are reported as an asset and a liability for the same amount. No revenue or expenses are recognized for these activities.”

PART X, LINE 2:

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

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Pension and postretirement related changes other than service cost 690,373.”

Raw XML AppendixShowing 400 of 829 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.

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IRS990/ActivityOrMissionDesc0PROVIDES STUDENT GOVERNANCE AND ADVOCATES FOR STUDENT INTEREST IN LOCAL, STATE AND NATIONAL FORUMS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt4ASI PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
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IRS990/MissionDesc0ASI PROVIDES FOR STUDENT GOVERNANCE AND ADVOCATES FOR STUDENT INTERESTS IN LOCAL, STATE, AND NATIONAL FORUMS. ASI PROVIDES STUDENT ACTIVITIES, FUNDING FOR STUDENT ORGANIZATIONS, OPERATES A STUDENT UNION, STUDENT RECREATION CENTER AND CHILDCARE CENTER.
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