Civic Intelligence

Sonoma State University Academic Foundation Inc

990 • Fiscal year 2024 • EIN 99-0157509

Jul 01, 2023 to Jun 30, 2024 • Filed on Oct 17, 2024

Organization ProfileWWW.SONOMA.EDU

View Organization Page

1801 East Cotati AveRohnert Park, CA 94928

(707) 664-3251

Siviq Scores

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

Liabilities / Assets

3rd percentile

0.00x

Higher debt load relative to assets than 3% of similar nonprofits.

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

Liabilities / Revenue

3rd percentile

0.00x

Higher debt load relative to revenue than 3% of similar nonprofits.

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

Net Margin

12th percentile

-15%

Higher net margin than 12% of similar nonprofits.

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

Top Officer Pay

76th percentile

$596,050

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 16.4% of source-year revenue.

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

Asset Growth

50th percentile

6.3%

Faster asset growth than 50% of similar nonprofits.

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

Revenue Growth

4th percentile

-48%

Faster revenue growth than 4% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets3rd percentile

Assets

Up

$72,662,140

Up $4,311,472 (+6.3%) from 2023

Net Assets

Up

$72,660,167

Up $4,312,442 (+6.3%) from 2023

Liabilities

Down

$1,973

Down $970 (-33%) from 2023

Revenue And Expenses
Liabilities / Revenue3rd percentileNet Margin12th percentile

Revenue

Down

$3,641,665

Down $3,375,738 (-48%) from 2023

Expenses

Down

$4,193,197

Down $1,189,911 (-22%) from 2023

Net Income

Down

-$551,532

Down $2,185,827 (-134%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth50th percentile

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

$80M$60M$40M$20M$0Assets 2010: $39,497,222Liabilities 2010: $3,349,299Net Assets 2010: $36,147,9232010Assets 2011: $47,305,293Liabilities 2011: $3,277,127Net Assets 2011: $44,028,1662011Assets 2012: $43,626,888Liabilities 2012: $3,026,810Net Assets 2012: $40,600,0782012Assets 2013: $43,988,698Liabilities 2013: $2,984,958Net Assets 2013: $41,003,7402013Assets 2014: $49,381,255Liabilities 2014: $2,925,187Net Assets 2014: $46,456,0682014Assets 2015: $50,213,541Liabilities 2015: $2,936,336Net Assets 2015: $47,277,2052015Assets 2016: $46,354,698Liabilities 2016: $276,230Net Assets 2016: $46,078,4682016Assets 2017: $47,864,294Liabilities 2017: $50,674Net Assets 2017: $47,813,6202017Assets 2018: $47,795,293Liabilities 2018: $37,362Net Assets 2018: $47,757,9312018Assets 2019: $50,697,110Liabilities 2019: $63,817Net Assets 2019: $50,633,2932019Assets 2020: $51,195,407Liabilities 2020: $8,034Net Assets 2020: $51,187,3732020Assets 2021: $66,635,911Liabilities 2021: $3,979Net Assets 2021: $66,631,9322021Assets 2022: $64,469,911Liabilities 2022: $800Net Assets 2022: $64,469,1112022Assets 2023: $68,350,668Liabilities 2023: $2,943Net Assets 2023: $68,347,7252023Assets 2024: $72,662,140Liabilities 2024: $1,973Net Assets 2024: $72,660,1672024Assets 2025: $79,778,626Liabilities 2025: $4,818Net Assets 2025: $79,773,8082025

Highlighted filing

2024

Assets$72,662,140
Liabilities$1,973
Net Assets$72,660,167
Open 2024 Filing

Operations Trend

Revenue Growth4th percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $4,300,3152010Expenses 2011: $8,179,2042011Revenue 2012: $11,715,500Expenses 2012: $14,505,864Net Income 2012: -$2,790,3642012Expenses 2013: $4,956,2202013Revenue 2014: $6,357,317Expenses 2014: $3,908,548Net Income 2014: $2,448,7692014Revenue 2015: $6,576,151Expenses 2015: $4,326,014Net Income 2015: $2,250,1372015Revenue 2016: $6,079,198Expenses 2016: $3,402,911Net Income 2016: $2,676,2872016Revenue 2017: $4,232,303Expenses 2017: $3,468,518Net Income 2017: $763,7852017Revenue 2018: $4,460,620Expenses 2018: $4,089,479Net Income 2018: $371,1412018Revenue 2019: $5,279,285Expenses 2019: $2,892,939Net Income 2019: $2,386,3462019Revenue 2020: $5,138,612Expenses 2020: $4,277,138Net Income 2020: $861,4742020Revenue 2021: $10,158,820Expenses 2021: $3,213,557Net Income 2021: $6,945,2632021Revenue 2022: $11,852,878Expenses 2022: $3,998,564Net Income 2022: $7,854,3142022Revenue 2023: $7,017,403Expenses 2023: $5,383,108Net Income 2023: $1,634,2952023Revenue 2024: $3,641,665Expenses 2024: $4,193,197Net Income 2024: -$551,5322024Revenue 2025: $9,522,908Expenses 2025: $4,853,524Net Income 2025: $4,669,3842025

Highlighted filing

2024

Revenue$3,641,665
Expenses$4,193,197
Net Income-$551,532
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Oct 17, 2024
Return Version
2023v5.1
Gross Receipts
$10,455,207
Mission and Program Overview

Mission

The foundation's principal mission is to receive and administer gifts that enhance and promote sonoma state university's educational mission. The activities of the foundation are directed by a board of community, student, faculty and administrative representatives. The foundation is a csu auxillary organization, as defined in title 5 of the california code of regulations.

To administer gifts that enhance and promote sonoma state university's educational mission.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$68,347,725$72,660,167▲ $4,312,442
Investments in Publicly Traded Securities$43,868,959$49,286,075▲ $5,417,116
Investments Other Securities$20,489,357$20,274,519▼ $214,838
Pledges and Grants Receivable$2,451,341$1,462,058▼ $989,283
Savings and Temporary Cash Investments$320,182$393,938▲ $73,756
Cash and Non-Interest-Bearing Accounts$287,510$243,642▼ $43,868
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$68,350,668$72,662,140▲ $4,311,472
Other Assets Total$933,319$1,001,908▲ $68,589
Liabilities
Accounts Payable and Accrued Expenses$2,943$1,973▼ $970
Total Liabilities$2,943$1,973▼ $970
Net Assets / Fund Balance
Total Net Assets Fund Balance$68,347,725$72,660,167▲ $4,312,442
Total Liabilities and Net Assets / Fund Balance$68,350,668$72,662,140▲ $4,311,472

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$44,060--
Closely Held Equity Interests$14,487,615--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$49,704,993$898,853▲ $6,880,934$7,564,141$49,920,639
2022$49,382,194$424,484▼ $101,685-$49,704,993
2021$44,825,806$3,629,186▲ $927,202-$49,382,194
2020$40,729,139$1,581,754▲ $2,514,913-$44,825,806
2019$38,557,237$660,984▲ $1,510,918-$40,729,139
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
David FelteChair
Tom IsaakBoard Vice-chair
Ali PourghadirDirector
Anita ChristmasDirector
Brent ThomasDirector
Cassandra GarciaDirector
Dr Andrea NevesDirector
Dr Brigitte LahmeDirector
Dr Frank ChongDirector
Ernesto OlivaresDirector
Joseph HuangDirector
Maraskeshia SmithDirector
Marcela PiedraDirector
Michael SullivanDirector
Ming-tung Mike LeeDirector
Monir AhmedDirector
ROBERT U'RENDirector
Randy PenningtonDirector
Taylor FrickmanDirector
Thomas GillespieDirector
Travis SaraccoDirector
Dr Mario a PerezChief Executive Officer
Amanda VisserChief Financial Officer
Ian HannahChief Operating Officer &
Revenue and Support

Revenue Composition

Contributions and Grants
$1,338,109
Program Service Revenue
$79,027
Investment Income
$2,251,162
Other Revenue
$-26,633
All Other Contributions
$1,338,109
Change in Net Assets
$-551,532

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$138,383Fair Market Value (FMV)
Total Noncash Contributions3$138,383-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,459,679
Revenue Not Reported on Financial Statements
$181,986
Revenue Not Reported on Form 990
$4,837,341
Other Revenue Adjustments
$-26,633
Total Revenue per Audited Statements
$8,297,020
Total Revenue per Form 990
$3,641,665
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,748,478
Other Expenses$444,719
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$3,748,478--$3,748,478
Fees for Service Investment Mgmnt Fees-$208,619-$208,619
Fees for Services Accounting-$48,750-$48,750
Office Expenses-$17,888-$17,888
Fees for Services Other-$14,714-$14,714
Insurance-$7,580-$7,580
Travel-$7,060-$7,060
Conferences and Meetings-$2,950-$2,950
Fees for Services Legal-$2,385-$2,385
Other Expenses$0$1,084$0$1,084
All Other Expenses-$359-$359
Total Functional Expenses$3,748,478$444,719$0$4,193,197

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,193,197
Expenses per Audited Statements$3,984,578
Total Expenses per Audited Statements$3,984,578
Expenses Not Reported on Financial Statements$208,619
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Sonoma State UniversityRohnert Park, CA501(c)(3)Program Support$3,748,478

International Summary

Offices
0
Employees
0
Spending
$11,702,409

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,Hedge Funds Private Equity InvestmentsNa--$11,702,409
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
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
No
Other officer compensation reviewed
No
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 cfo reviews the draft return for accuracy and reasonableness who then makes the draft available to the board to review and make inquiries prior to filing with irs.”

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

“Once a year, the foundation's attorney meets with the board to discuss conflict of interest and what it means. The policy is reviewed and all board members are given the opportunity to disclose any conflicts before signing a statement that is kept on file.”

Form 990, Part VI, Section B, Line 15

“Sonoma state university foundation, inc. Does not have any employees. Sonoma state university a related organization, does compensate employees. Sonoma state university has a formal compensation review policy and university policies are established and followed by all university employees.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy and financial statements are available to the public upon request and can also be found on the organizations' website.”

Filing and Contact Details

Filer

Filer Name
Sonoma State University Foundation
EIN
99-0157509
Phone
7076643251
Address
1801 EAST COTATI AVE, ROHNERT PARK, CA 94928

Signing Officer

Name
Amanda Visser
Title
CFO
Phone
7076643251
Signed
2024-10-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amanda Visser
Formed
1974
Legal Domicile
CA
Voting Board Members
24
Independent Board Members
18
Employees
0
Volunteers
0

Preparer

Firm
Aldrich Cpas and Advisors Llp
Address
1903 WRIGHT PLACE 180, CARLSBAD, CA 92008
Preparer
Debra D Smith CPA
Phone
7604318440
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Gaap/tax difference partnership k-1 ubi 26,633.”

Financial Statement Notes

PART V, LINE 4:

“These endowments provide a perpetual stream of annual income in support of university academic and academic-related programs and scholarships.”

PART X, LINE 2:

“The foundation is exempt from federal income tax under section 501(c)(3) of the internal revenue code and from california franchise and income tax under section 23701(d) of the revenue and taxation code. Continuance of such exemption is subject to compliance with laws and regulations of the taxing authorities. The foundation utilizes 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 statements of revenues, expenses, and changes in net position, 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. The foundation files income tax returns in the united states and various state and local jurisdictions.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Gaap/tax difference partnership k-1 ubi -26,633.”

Raw XML AppendixShowing 400 of 783 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/Form990PartVIISectionAGrp/PersonNm10ALI POURGHADIR
IRS990/Form990PartVIISectionAGrp/PersonNm11THOMAS GILLESPIE
IRS990/Form990PartVIISectionAGrp/PersonNm12CASSANDRA GARCIA
IRS990/Form990PartVIISectionAGrp/PersonNm13MICHAEL SULLIVAN
IRS990/Form990PartVIISectionAGrp/PersonNm14TAYLOR FRICKMAN
IRS990/Form990PartVIISectionAGrp/PersonNm15BRENT THOMAS
IRS990/Form990PartVIISectionAGrp/PersonNm16TRAVIS SARACCO
IRS990/Form990PartVIISectionAGrp/PersonNm17ROBERT U'REN
IRS990/Form990PartVIISectionAGrp/PersonNm18RANDY PENNINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm19DR BRIGITTE LAHME
IRS990/Form990PartVIISectionAGrp/PersonNm20MONIR AHMED
IRS990/Form990PartVIISectionAGrp/PersonNm21ERNESTO OLIVARES
IRS990/Form990PartVIISectionAGrp/PersonNm22MARASKESHIA SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm23MING-TUNG MIKE LEE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1238632
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2172656
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3169536
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20258630
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt23452401
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHIEF OPERATING OFFICER &
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
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/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01974
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0912704
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt024
IRS990/GrantAmt03748478
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt03748478
IRS990/GrantsToDomesticOrgsGrp/TotalAmt03748478
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt07726246
IRS990/GrossReceiptsAmt010455207
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt07580
IRS990/InsuranceGrp/TotalAmt07580
IRS990/InvestmentIncomeGrp/ExclusionAmt01338458
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01338458
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt020489357
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt020274519
IRS990/InvestmentsPubTradedSecGrp/BOYAmt043868959
IRS990/InvestmentsPubTradedSecGrp/EOYAmt049286075
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt06813542
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE FOUNDATION'S PRINCIPAL MISSION IS TO RECEIVE AND ADMINISTER ENDOWMENT GIFTS AND PLANNED GIVING THAT ENHANCE AND PROMOTE SONOMA STATE UNIVERSITY'S EDUCATIONAL MISSION. THE ACTIVITIES OF THE FOUNDATION ARE DIRECTED BY A BOARD OF COMMUNITY, STUDENT, FACULTY AND ADMINISTRATIVE REPRESENTATIVES. THE FOUNDATION IS A CALIFORNIA STATE UNIVERSITY AUXILIARY ORGANIZATION, AS DEFINED IN TITLE 5 OF THE CALIFORNIA CODE OF REGULATIONS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt068347725
IRS990/NetAssetsOrFundBalancesEOYAmt072660167
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0912704
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0912704
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt04837341
IRS990/NoncashContributionsAmt0138383
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt017888
IRS990/OfficeExpensesGrp/TotalAmt017888
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0933319
IRS990/OtherAssetsTotalGrp/EOYAmt01001908
IRS990/OtherChangesInNetAssetsAmt026633
IRS990/OtherExpensesGrp/Desc0UNIVERSITY SERVICES
IRS990/OtherExpensesGrp/Desc1MEMBERSHIPS
IRS990/OtherExpensesGrp/Desc2UNIFORMS
IRS990/OtherExpensesGrp/Desc3HOSPITALITY
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0119443
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt112341
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21546
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt31084
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt0119443
IRS990/OtherExpensesGrp/TotalAmt112341
IRS990/OtherExpensesGrp/TotalAmt21546
IRS990/OtherExpensesGrp/TotalAmt31084
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0PARTNERSHIP K-1 INCOME
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0-26633
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0-26633
IRS990/OtherRevenueTotalAmt0-26633
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02451341
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01462058
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0AMANDA VISSER
IRS990/ProfessionalFundraisingInd00
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IRS990/ProgSrvcAccomActy2Grp/Desc0SPECIAL PROGRAMS ASSOCIATED PRIMARILY WITH ACADEMIC SUPPORT, STUDENT SERVICES AND INSTITUTIONAL SUPPORT.
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IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt05743459
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt04963255
IRS990/PYInvestmentIncomeAmt01217468
IRS990/PYOtherExpensesAmt0419853
IRS990/PYOtherRevenueAmt0-4044
IRS990/PYProgramServiceRevenueAmt060520
IRS990/PYRevenuesLessExpensesAmt01634295
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt05383108
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07017403
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-551532
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt068347725
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt072660167
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0320182
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0393938
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01338109
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt05743459
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt05746473
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02656945
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02952118
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt018437104

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$72,662,140
Liabilities
$1,973
Net assets
$72,660,167
Revenue
$3,641,665
Expenses
$4,193,197
Net income
-$551,532
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$79.8$0.00$79.8$9.52$4.85$4.67
2024Detailed filing. Detailed filing data is available for this year.$72.7$0.00$72.7$3.64$4.19$0.55
2023Detailed filing. Detailed filing data is available for this year.$68.4$0.00$68.3$7.02$5.38$1.63
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$64.5$0.00$64.5$11.9$4.00$7.85
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$66.6$0.00$66.6$10.2$3.21$6.95
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$51.2$0.01$51.2$5.14$4.28$0.86
2019Detailed filing. Detailed filing data is available for this year.$50.7$0.06$50.6$5.28$2.89$2.39
2018Detailed filing. Detailed filing data is available for this year.$47.8$0.04$47.8$4.46$4.09$0.37
2017Summary only. Only limited summary data is available for this year.$47.9$0.05$47.8$4.23$3.47$0.76
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$46.4$0.28$46.1$6.08$3.40$2.68
2015Detailed filing. Detailed filing data is available for this year.$50.2$2.94$47.3$6.58$4.33$2.25
2014Detailed filing. Detailed filing data is available for this year.$49.4$2.93$46.5$6.36$3.91$2.45
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$44.0$2.98$41.0$4.96
2012Summary only. Only limited summary data is available for this year.$43.6$3.03$40.6$11.7$14.5$2.79
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$47.3$3.28$44.0$8.18
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.5$3.35$36.1$4.30