The California Business Roundtable
Nonprofit profile at a glance
- EIN
- 953234094
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Sacramento, CA, USA
- Phone
- 9165534093
- Rating confidence
- Limited
Reported finances
- Revenue
- $20,206,556
- Expenses
- $20,342,347
- Assets
- $3,178,721
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
24 people listed
Executive titles in this filing
- ROB LAPSLEY (PRESIDENT)
- BROOKE ARMOUR (EXECUTIVE VICE PRESIDENT)
Highest reported compensation
- ROB LAPSLEY (PRESIDENT): $616,331 total reported compensation
- BROOKE ARMOUR (EXECUTIVE VICE PRESIDENT): $255,425 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 California business roundtable is a non-profit, nonpartisan organization composed of chief executive officers of leading California businesses. Since 1976, the roundtable has provided essential leadership on high-priority public policy issues. Through its "big picture," proactive focus on key business issues, combined with the prestige and influence of its members, the roundtable is a powerful and compelling advocate for a strong economy and a healthy business climate in California.
What it reported doing in 2024
International trade and goods movement: supported efforts at the federal level to increase free and fair international trade. Advocated for a resilient goods movement sector, including hosting national meetings regarding the state's ports and their importance both nationally and internationally. Also worked on trade issues at the state level, including the impact of major climate change regulations.
Operating model
- Revenue model
- Membership-supported. 78% of the money available for current operations came from membership dues.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 70
- Accountability: 90
- Sustainability: 32
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -0.7%; rating input score 28; 28th percentile among comparable filings
- Total-asset coverage ratio: 0.16; rating input score 3; 3rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 99; 99th percentile among comparable filings
- Officer compensation ratio: 4.3%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 18.6% per year; rating input score 100; 91st percentile among comparable filings
- Asset growth: 21.7% per year; rating input score 100; 91st percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 22 of 22 board members independent · 6 of 8 filing controls reported
- Programs: 5 filed program accomplishments
- Leadership: top reported pay $616K · 24 people listed · 1 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $1.8M reported
- Consistency: 9 of 9 current checks pass
- Schedules: 7 filed schedules · includes major donors and executive pay
- Filing history: 10 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 2 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- High — Sustainability: Operating margin scored 28/100.
- High — Sustainability: Total-asset coverage ratio scored 3/100.
- Review — Sustainability: Officer compensation ratio scored 57/100.
- Review — Grant Readiness: California registration: this organization could not be resolved against the register, so the check is unfinished.