LONG BEACH STATE FOUNDATION (EIN 452163910) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

SCOTT APEL

Phone

5629855778

Tax Period

2024-07-01 to 2025-06-30

LONG BEACH STATE FOUNDATION, founded in 2010, is a mid-sized nonprofit in the Education sector that reported $55.4M in total revenue in fiscal year 2024. Revenue surged 123% from the prior year, signaling strong growth momentum. The organization ran a surplus of $38.2M, a strong 69% operating margin.

Mission

ACTIVELY PROMOTE PHILANTHROPY & MANAGE DONATED RESOURCES FOR THE ADVANCEMENT OF CSULB. (SEE SCH. O)THE FOUNDATION SERVES AS THE PHILANTHROPIC ORGANIZATION FOR THE UNIVERSITY, RECEIVING, INVESTING, MANAGING AND DISBURSING CHARITABLE GIFTS IN SUPPORT OF STUDENTS, FACULTY AND PROGRAMS AS DESIGNATED BY OUR DONORS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $34,229,387

Program Service Revenue $1,272,053

Investment Income $19,882,328

Other Revenue $-23,701

TOTAL REVENUE $55,360,067

Expense Breakdown

Grants Paid $5,366,225

Salaries & Benefits $4,239,653

Fundraising Expenses $1,727,702

Program Expenses $13,905,682

Other Expenses $7,523,466

TOTAL EXPENSES $17,129,344

Year-over-Year Comparison

	2024	2023	Change
Revenue	$55,360,067	$24,770,615	+1.2%
Expenses	$17,129,344	$17,620,598	0.0%
Net Income	$38,230,723	$7,150,017	+4.3%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$2,147,383

Total Directors

$2,147,383

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANE CLOSE CONOLEY	UNIV. PRESIDENT (CSULB PRESIDENT)	1.00	Officer Director	$0	$134,984	$620,827
SCOTT APEL	TREASURER/CFO (CSULB VP ADMIN)	1.00	Officer Director	$0	$134,482	$445,336
DAN MONTOYA	CEO (CSULB VP UNIV. RELATIONS)	1.00	Officer Director	$0	$114,930	$428,864
KEVIN CROWE	COO (CSULB AVP DEVELOPMENT)	1.00	Officer Director	$0	$101,152	$327,944
CHRISTOPHER REESE	SECRETARY (CSULB AVP UNIV)	1.00	Officer Director	$0	$107,425	$324,412
ANNETTE KASHIWABARA	DEVELOPMENT COMMITTEE CHAIR	1.00	Officer Director	$0	$0	$0
DONNY LOPICCOLO	FINANCE & INVESTMENT COMMITTEE CHAIR	1.00	Officer Director	$0	$0	$0
KENNETH W MILLER	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
THOMAS PHELPS IV	AUDIT COMMITTEE CHAIR	1.00	Officer Director	$0	$0	$0
NEIL HULTGREN	ACADEMIC SENATE CHAIR	1.00	Director	$0	$0	$0
NIKKI MAJIDI	ASI PRESIDENT	1.00	Director	$0	$0	$0
ROSALIE BARCINAS	DIRECTOR	1.00	Director	$0	$0	$0
MARILYN BOHL	DIRECTOR	1.00	Director	$0	$0	$0
L NELSON FARRIS	DIRECTOR	1.00	Director	$0	$0	$0
BOB FOSTER	DIRECTOR	1.00	Director	$0	$0	$0
KATHLEEN HANSEN	DIRECTOR	1.00	Director	$0	$0	$0
IZUMI HARA	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM R HANSEN	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE HIGLEY	DIRECTOR	1.00	Director	$0	$0	$0
SAID HILAL	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL R RODRIGUEZ	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT SUMMERS	DIRECTOR	1.00	Director	$0	$0	$0
DIANA BOURCIER	DIRECTOR	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$55,360,067	$17,129,344	$230,154,656	$38,230,723
2024	No data	No data	No data	No data
2023	$23,598,370	$18,514,822	$165,565,983	$5,083,548
2023	$23,598,370	$18,514,822	$165,565,983	$5,083,548
2022	$37,179,271	$21,912,797	$155,578,430	$15,266,474
2021	$25,211,455	$12,068,931	$167,024,909	$13,142,524
2020	$24,744,476	$13,579,574	$130,990,830	$11,164,902
2019	$21,415,185	$13,591,278	$118,200,940	$7,823,907

LONG BEACH STATE FOUNDATION