Associated Students Inc California State University Fullerton

Nonprofit profile at a glance

EIN
956006691
IRS 990 coverage
2009–2024
Forms available
Form 990 2024, Form 990-T 2024, Form 990-N 2015
Location
Fullerton, CA, USA
Phone
6572782401
Rating
55
Verdict
MIXED
Rating confidence
Moderate
Sector
Student Services, Organizations of Students

Official website

Reported finances

Revenue
$26,596,977
Expenses
$24,619,003
Assets
$28,458,877
Liabilities
$18,233,323

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

33 people listed

Executive titles in this filing

  • JOE MORALES (ASI PRESIDENT)
  • SUZETTE MORALES (VICE PRESIDENT)
  • DAVE EDWARDS (EXECUTIVE DIRECTOR)

Highest reported compensation

  • DAVE EDWARDS (EXECUTIVE DIRECTOR): $294,841 total reported compensation
  • ALISA FLOWERS (DIRECTOR): $225,571 total reported compensation
  • KEYA ALLEN (ASSOCIATE EXECUTIVE DIRECT): $221,330 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Asi 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.

What it reported doing in 2024

Asi advises, supports and oversees the functions of student government, as well as a variety of student programs. Additionally, asi plans and implements a variety of student leader development, training, and retreat programs hosted throughout the year. The student government department AIDS student leaders, including the board of directors, executive officers, and the inter-club councils, in navigating their experiences in asi and serving the students of the university. Asi provides expertise in planning and completion of events and activities for students. Additionally, asi advises student leaders on budget and finance, and monitors the campus funding/funded councils, organizations, and clubs receiving funding from asi. Asi operates a student union (tsu) which is the center of campus life and serves as the primary gathering and meeting place for the university community. In addition to event space, the tsu provides study space, student art galleries, titan bowl & billiards, a food court, atm banking, discount ticket sales, and the food pantry. The food pantry serves to distribute foods and support students facing food insecurity.asi is also responsible for administering and overseeing student research grants and providing office and storage spaces for clubs and activities.

Operating model

Revenue model
Earned-program. 89% of the money available for current operations came from fees and other program revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 76% for direct work, and 24% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.

Rating breakdown

  • Financial Efficiency: 40
  • Transparency & Controls: 79
  • Accountability: 48
  • Sustainability: 47
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 43.2%; rating input score 43
  • Program expense ratio: 47.1%; rating input score 47
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 11.1%; rating input score 11; 6th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 7.4%; rating input score 61; 61st percentile among comparable filings
  • Total-asset coverage ratio: 1.16; rating input score 41; 41st percentile among comparable filings
  • Liabilities to assets ratio: 0.64; rating input score 20; 20th percentile among comparable filings
  • Officer compensation ratio: 6.9%; rating input score 36; 36th percentile among comparable filings

Growth

  • Program expense growth: -3.3% per year; rating input score 0; 5th percentile among comparable filings
  • Revenue growth: 4.4% per year; rating input score 100; 38th percentile among comparable filings
  • Asset growth: 6.1% per year; rating input score 100; 43rd percentile among comparable filings

Details

  • Where the money goes: 43.2% of revenue deployed · 47.1% of spending went to programs
  • Governance: 2 of 18 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $11.6M in reported program spending
  • Leadership: top reported pay $295K · 33 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 15 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 43/100.
  • High — Accountability: Independent voting board scored 11/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 47/100.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
  • High — Sustainability: Liabilities to assets ratio scored 20/100.
  • Moderate — Sustainability: Officer compensation ratio scored 36/100.