CALIFORNIA STATE UNIVERSITY CHANNEL ISLANDS FOUNDATION Charity Report

Public IRS 990 nonprofit record

CALIFORNIA STATE UNIVERSITY CHANNEL ISLANDS FOUNDATION

EIN 77-0433230 · Education (B124)

What they do

STATE FUNDS ALONE CANNOT PROVIDE for ALL THE COSTS ASSOCIATED WITH PROVIDING THE FINEST EDUCATION POSSIBLE to OUR STUDENTS. THE CSU CHANNEL ISLANDS FOUNDATION, A NON-PROFIT 501(C)(3), WAS ESTABLISHED for THE PURPOSE of ENCOURAGING and ACCEPTING PRIVATE GIFTS to THE UNIVERSITY. THE FOUNDATION is THE CATALYST and CONDUIT THROUGH WHICH GIFTS and ENDOWMENT INCOME FLOW to PROVIDE IMMEDIATE and LONG-TERM SUPPORT of THE UNIVERSITY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $86.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders24 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

62.32%of revenue went to mission work86.5% of expenses · Program services

2.09%of revenue went to fundraising2.9% of expenses

$72.07spent for every $100 of revenueRevenue covered expenses this year.

7.67%of revenue went to management and office costs10.6% of expenses

$10.47in assets for every $1 spent this yearSome assets cannot be spent right away.

61.4%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $91,310 for RICHARD LEROY (BOARD MEMBER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$14,256,721

Mission workProgram services$8,884,87862.32% of revenue86.5% of expenses

ManagementOffice and general costs$1,093,1277.67% of revenue10.6% of expenses

FundraisingAsking for donations$297,4302.09% of revenue2.9% of expenses

Revenue left after expensesReported annual surplus$3,981,28627.93% of revenueShown in gray on the chart

Total expenses$10,275,43572.07% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 86.5% mission · 10.6% management · 2.9% fundraisingTotal expenses: 72.07% of revenue

2023Expense mix: 82.4% mission · 12.9% management · 4.7% fundraisingTotal expenses: 121.15% of revenue

2022Expense mix: 94.5% mission · 5.5% management · 0.0% fundraisingTotal expenses: 33.59% of revenue

2021Expense mix: 91.3% mission · 8.7% management · 0.0% fundraisingTotal expenses: 7.19% of revenue

2020Expense mix: 92.0% mission · 8.0% management · 0.0% fundraisingTotal expenses: 11.26% of revenue

2019Expense mix: 93.9% mission · 6.1% management · 0.0% fundraisingTotal expenses: 112.91% of revenue

2018Expense mix: 92.1% mission · 7.6% management · 0.2% fundraisingTotal expenses: 55.89% of revenue

2017Expense mix: 93.7% mission · 6.2% management · 0.1% fundraisingTotal expenses: 92.44% of revenue

Money in and money out

Revenue$14,256,721

Expenses$10,275,435

Annual surplus $3,981,286 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$8,884,878 · 86.5% of expenses

Management and office costs$1,093,127 · 10.6% of expenses

Fundraising$297,430 · 2.9% of expenses

See all reported dollar amounts

Revenue$14,256,721

Expenses$10,275,435

Assets$107,569,203

Income$24,065,386

Contributions$8,747,753

Mission work (program services)$8,884,878

Fundraising$297,430

Grants given$215,099

Average grant$71,700

Management and general$1,093,127

Stocks and bonds$92,818,218

Accounting fees$242,913

Investing fees$560,353

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

RICHARD LEROYBOARD MEMBER · 1 hrs/week $91,310Base · Other $91,310

RICHARD YAOBOARD MEMBER (CSUCI PRESIDENT) · 1 hrs/week $88,510Base · Other $88,510

BARBARA REXTREASURER, EX-OFFICIO (UNTIL 08/24) · 1 hrs/week $79,642Base · Other $79,642

BRADLEY OLINTREASURER, EX-OFFICIO (AS OF 08/24) · 1 hrs/week $44,218Base · Other $44,218

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (24)

RICHARD LEROYBOARD MEMBER

RICHARD YAOBOARD MEMBER (CSUCI PRESIDENT)

BARBARA REXTREASURER, EX-OFFICIO (UNTIL 08/24)

BRADLEY OLINTREASURER, EX-OFFICIO (AS OF 08/24)

LINDA DULLAMBOARD MEMBER

SYLVIA ACEVEDOBOARD MEMBER

RUDY PEREIRABOARD MEMBER

RICHARD ROGERSBOARD MEMBER

RICH BLOCKBOARD MEMBER

PHILLIP RUSTONBOARD MEMBER

NATALIE YANEZBOARD MEMBER

MARTIN MCDERMUTBOARD MEMBER

MARK LISAGORCHAIR

MARIANNE MCGRATHBOARD MEMBER

ANGELA OGBECHIEBOARD MEMBER

KEVIN CRUZBOARD MEMBER

IRENE PINKARDBOARD MEMBER

CHRISTINE GARVEYBOARD MEMBER

CHRIS MEISSNERSECRETARY

CHERYL BROOMEBOARD MEMBER

CHARLES COHENBOARD MEMBER

CARI SHOREBOARD MEMBER

BETSY GRETHERBOARD MEMBER

ARMANDO CASILLASVICE CHAIR

About this charity

Recognized since: January 1997
Location: 1 UNIVERSITY DR, CAMARILLO, CA 93012-8599
County: Ventura
In care of: % RICHARD R RUSH
Primary officer: MICHELLE HASENDONCKX, EXEC.-IN-CHARGE, DIVISION BFA

How to reach them

WebsiteVisit the charity’s website Phone(805) 437-8400

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: COHNREZNICK ADVISORY LLC
NTEE classification: Education (B124)
IRS tax category: Other Grantmaking and Giving Services
Grant-giving organization: Yes