California State University Bakersfield Student-centered Enterprises Inc

Nonprofit profile at a glance

EIN
770375841
IRS 990 coverage
2010–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Bakersfield, CA, USA
Phone
6616542496
Rating
58
Verdict
MIXED
Rating confidence
Moderate
Sector
Educational Services and Schools - Other

Official website

Reported finances

Revenue
$1,800,447
Expenses
$1,513,869
Assets
$4,438,121
Liabilities
$203,992

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

Leadership & pay

14 people listed

Executive titles in this filing

  • DR THOMAS WALLACE (EXECUTIVE DIRECTOR)
  • THOM DAVIS TERM 012025 (VICE PRESIDENT AND CFO)
  • DR VERNON B HARPER JR (UNIVERSITY PRESIDENT)
  • EMILE CALLAHAN (ASSOCIATE VICE PRESIDENT)

Highest reported compensation

  • DR VERNON B HARPER JR (UNIVERSITY PRESIDENT): $609,296 total reported compensation
  • DR THOMAS WALLACE (EXECUTIVE DIRECTOR): $421,793 total reported compensation
  • THOM DAVIS TERM 012025 (VICE PRESIDENT AND CFO): $393,131 total reported compensation

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

Overview

Mission

The mission of the csub student-centered enterprises, inc. Is to support California state university, bakersfield (university) by providing student-centered enterprise services on behalf of the university including student union, student recreation center and student housing, as well as other such purposes as are appropriate to an auxiliary organization of the California state university.

What it reported doing in 2024

The student recreation center is a 75,130 square-foot, state-of-the-art facility providing optimal service in a safe and fun environment for the California university, bakersfield (csub) community to achieve physical and mental well-being, personal development, and life-long learning through innovative, student-funded, student-driven programs of fitness, sports, and wellness. Features include a fitness area equipped with 60 cardiovascular machines including treadmills, elliptical cross trainers, exercise bikes, climbers, and rowing ergometers, as well as free weight benches, barbells, dumbbells, plate-loaded weight equipment, variable resistance weight machines, core strength area, and a stretching area. There is also a three-court gymnasium and three-lane suspended track. In the gymnasium, participants have the option of playing basketball, volleyball, badminton, indoor soccer, and more. The facility's centerpiece is a 34-foot high freestanding rock wall capable of accommodating up to seven roped climbers simultaneously. The student recreation center's programs include: group x workouts including yoga, dance and indoor cycling. Intramural sports are structured leagues offering csub students, src members, and csub staff and faculty friendly competition in a variety of sports and activities. Informal recreation run laps around the track, start pick-up games with your friends, play video games, or just pump some iron. Informal recreation invites src members to come in anytime during the day and participate in a variety of unstructured recreational activities. Rec adventures offers trips and activities for everyone, from novices to the tested outdoor enthusiast and personal training improve your fitness with a workout designed for your needs and with motivation from our personal trainers and fitness advisors.

Operating model

Revenue model
Earned-program. 89% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% 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

MIXED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 60
  • Accountability: 42
  • Sustainability: 62
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73%; rating input score 73
  • Program expense ratio: 86.8%; rating input score 87
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 5th 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: 15.9%; rating input score 71; 71st percentile among comparable filings
  • Total-asset coverage ratio: 2.93; rating input score 75; 75th percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 53; 53rd percentile among comparable filings
  • Officer compensation ratio: 35.8%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: -2.6% per year; rating input score 0; 11th percentile among comparable filings
  • Revenue growth: -2.5% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: 10.7% per year; rating input score 100; 61st percentile among comparable filings

Details

  • Where the money goes: 73% of revenue deployed · 86.8% of spending went to programs
  • Governance: 0 of 12 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $1.3M in reported program spending
  • Leadership: top reported pay $609K · 14 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 27 of 27 current checks pass
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 4 filed related-organization links
  • 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.

  • High — Accountability: Independent voting board scored 0/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.
  • Review — Sustainability: Liabilities to assets ratio scored 53/100.