Associated Students of the California Institute of Techn Ology (Ascit)

Nonprofit profile at a glance

EIN
237088936
IRS 990-EZ coverage
2021–2024
Forms available
Form 990-EZ 2024, Form 990-N 2013
Location
Pasadena, CA, USA
Rating
63
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$186,568
Expenses
$157,099
Assets
$242,647

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

Leadership & pay

11 people listed

Executive titles in this filing

  • Bisrat Kassahun (President)

People named in this filing

  • Bisrat Kassahun (President)
  • Jonathan Dawit (VP of Academic Affairs)
  • Ava Balanon (VP of Non-Academic Affairs)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

The Associated Students of the California Institute of Technology ASCIT shall exist for the benefit of undergraduates as given in the Articles of Incorporation. ASCIT shall provide representation for students to the Institute seek to improve academic and non-academic aspects of student life provide universal student resources support publications and uphold the Honor system.

What it reported doing in 2024

The student body government oversees the publication of the student body newspaper yearbook and handbook for over 1,000 undergraduates. The California Tech - Publishes the student body newspaper to benefit the California Institute of Technology Community approximately 6,000 people. The Big T publishes the student yearbook and the student body handbook for the benefit of undergraduate students at the California Institute of Technology approximately 1,000 people.

Operating model

Revenue model
Membership-supported. 81% of the money available for current operations came from membership dues.
Distribution model
Direct operator. The filing allocates 86% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 55
  • Transparency & Controls: 82
  • Sustainability: 61
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 51.7%; rating input score 52
  • Program expense ratio: 59.3%; rating input score 59

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 15.8%; rating input score 68; 68th percentile among comparable filings
  • Total-asset coverage ratio: 1.54; rating input score 73; 73rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: -7.7% per year; rating input score 0; 16th percentile among comparable filings
  • Revenue growth: -0.4% per year; rating input score 0; 19th percentile among comparable filings
  • Asset growth: -4.3% per year; rating input score 0; 17th percentile among comparable filings

Details

  • Where the money goes: 51.7% of revenue deployed · 59.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $93K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 52/100.
  • Review — Financial Efficiency: Program expense ratio scored 59/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.