University Enterprises, Inc.

What it reported doing in 2024

Federally funded programs:- us department of education funding supports a variety of projects benefitting sacramento state students including the institutional networks for (student) success (peer) programs and instructional redesign efforts (inspire) project which seeks to increase the number of graduates from underserved populations; the child care access means parents in schools (ccampis) program which supports out-of-pocket childcare expenses for students, and the asian american native american pacific islander (aanapisi) funding which funds assistance and services to students and low income individuals.- national science foundation funding supports technology and scientific related research and educational projects. For example, the "leaps-mps: unveiling the role of a galaxy's structure with bespoke numerical models" project, which investigates the degree to which a galaxy's structure and dynamics are a controlling factor in regulating star forming activity, and "project soar," which aims to improve students' academic performance in online stem courses through course redesign.- funding from the environmental protection agency supports the operations of the region 9 environmental finance center (efc) at sacramento state. The efc is operated by sac state's office of water programs with the goal of providing environmental services to region 9 communities.- grants from the national institute of general medical sciences support basic research, including research on anti-HIV microbicide agents, and research training activities for students from groups underrepresented in the biomedical sciences.- a collaboration with the u.s. Geological survey to develop summaries of oil and gas well logs from publicly available well logs to assist in the development of conceptual models of hydrogeologic systems and identify the potential location of transport pathways.state & locally funded programs:- funding provided for the employment of students within state agencies and local governments for the purpose of furthering the students' area of study and providing them with valuable on-the-job training.- contract services provided by sacramento state faculty to the state of California and local government agencies such as assessment surveys and studies, appliance testing, and professional development for school teachers.- in collaboration with the state water resources control board, the office of water programs provides technical, management, and financial services to small disadvantaged communities in California to retrofit or replace a drinking water system.other externally funded programs:- university enterprises, inc's program services benefits more than 33,300 faculty, staff, and students of sacramento state as well as the general populace.- develop and implement programs and publish training materials for operators of water treatment plants, water distribution systems, wastewater collection systems, and municipal and industrial wastewater treatment and reclamation facilities.- the institute for social research receives state of California, local government, and non-profit funding for customized projects including community listening sessions, technical support, program/policy evaluation, and survey research services.- the title iv-e stipend program prepares both msw and bsw students for social work careers in public child welfare services and offers stipends and reimbursement support for tuition, fees, and books.

Financial Efficiency

• Mission deployment rate: 93.7%; rating input score 94
• Program expense ratio: 95.2%; rating input score 95
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
• Pay-setting controls: 3 of 6 controls in place; rating input score 50
  • Compensation committee: Pass
  • 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: 99.6%; rating input score 100; 42nd percentile among comparable filings
• Major donor itemization: Limited
• Related-party transparency: Limited

Accountability

• Independent voting board: 61.5%; rating input score 62; 17th percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 1.8%; rating input score 42; 42nd percentile among comparable filings
• Total-asset coverage ratio: 2.02; rating input score 63; 63rd percentile among comparable filings
• Liabilities to assets ratio: 0.79; rating input score 18; 18th percentile among comparable filings
• Officer compensation ratio: 2%; rating input score 55; 55th percentile among comparable filings

Growth

• Program expense growth: 6% per year; rating input score 100; 49th percentile among comparable filings
• Revenue growth: 4% per year; rating input score 100; 32nd percentile among comparable filings
• Asset growth: 5.7% per year; rating input score 100; 42nd percentile among comparable filings