Chico State Enterprises

🔒

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

1997

Legal Domicile

Phone

5308986362

Tax Period

2024-07-01 to 2025-06-30

Chico State Enterprises, founded in 1997, is a mid-sized nonprofit in the Education sector that reported $84.4M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

To promote and assist the educational and public service functions of CSU, Chico by administering grants, farm operations, and other activities.

Program Service Accomplishments

Program 1

Expenses: $65,611,063 Revenue: $5,117,912

THE GENERATION AND ADMINISTRATION OF OVER 400 EXTERNALLY FUNDED TEACHING, RESEARCH, AND SERVICE PROJECTS FROM FEDERAL, STATE, AND PRIVATE SOURCES (CONTRACTS AND GRANTS) EACH YEAR. THE MAJORITY OF...

THE GENERATION AND ADMINISTRATION OF OVER 400 EXTERNALLY FUNDED TEACHING, RESEARCH, AND SERVICE PROJECTS FROM FEDERAL, STATE, AND PRIVATE SOURCES (CONTRACTS AND GRANTS) EACH YEAR. THE MAJORITY OF THESE "SPONSORED PROGRAMS" PROVIDE EDUCATIONAL OPPORTUNITIES FOR STUDENTS AS WELL.

Program 2

Expenses: $2,351,863 Revenue: $2,787,344

CAMPUS PROGRAMS OPERATE TO SUPPORT THE MISSION OF CHICO STATE ENTERPRISES AND SUPPORT CSU, CHICO. THESE PROGRAMS INCLUDE NON-CREDIT BEARING REGIONAL AND CONTINUING EDUCATION ACTIVITIES, AND...

CAMPUS PROGRAMS OPERATE TO SUPPORT THE MISSION OF CHICO STATE ENTERPRISES AND SUPPORT CSU, CHICO. THESE PROGRAMS INCLUDE NON-CREDIT BEARING REGIONAL AND CONTINUING EDUCATION ACTIVITIES, AND UNIVERSITY PERFORMANCES WHICH PROVIDE BENEFITS TO BOTH CAMPUS AND THE COMMUNITY.

Program 3

Expenses: $237,477 Revenue: $3,806,417

ADMINISTRATIVE SUPPORT IS PROVIDED TO ALL PROGRAMS OPERATING THROUGH CHICO STATE ENTERPRISES. THESE PROGRAMS PROVIDE EDUCATIONAL OPPORTUNITIES AND INCOME IN SUPPORT OF THE ACADEMIC PROGRAM...

ADMINISTRATIVE SUPPORT IS PROVIDED TO ALL PROGRAMS OPERATING THROUGH CHICO STATE ENTERPRISES. THESE PROGRAMS PROVIDE EDUCATIONAL OPPORTUNITIES AND INCOME IN SUPPORT OF THE ACADEMIC PROGRAM. ADMINISTRATIVE SUPPORT IS ALSO GIVEN TO THE UNIVERSITY FOUNDATION, WHICH HANDLES ALL PHILANTHROPIC FUNDS FOR CSU, CHICO.

🔒

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 $70,271,050

Program Service Revenue $11,711,673

Investment Income $801,518

Other Revenue $1,622,548

TOTAL REVENUE $84,406,789

Expense Breakdown

Grants Paid $6,140,200

Salaries & Benefits $41,865,527

Fundraising Expenses $0

Program Expenses $68,200,403

Other Expenses $34,108,409

TOTAL EXPENSES $82,114,136

Year-over-Year Comparison

	2024	2023	Change
Revenue	$84,406,789	$76,862,651	+0.1%
Expenses	$82,114,136	$78,392,881	+0.0%
Net Income	$2,292,653	$-1,530,230	-2.5%

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

1664

Volunteers

250

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

$940,632

Total Directors

$2,768,242

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jamie Clyde	Board Treasurer/CSU Chico VP Business and Finance	2.0	Officer Director	$0	$69,290	$321,840
Leslie Cornick	Provost, CSE Board President	2.0	Officer Director	$0	$56,671	$337,507
Ahmad Boura	Board Member/CSU Chico VP Advancement	2.0	Director	$0	$71,911	$413,532
Angela Trethewey	Board Member/CSU Chico College Dean	2.0	Director	$0	$57,055	$266,766
Bob Kittredge	Board Member/Community Member	2.0	Director	$0	$0	$0
David Hassenzahl	Board Member/CSU Chico College Dean	2.0	Director	$0	$75,583	$347,724
Holly Jorgenson	Board Member/Community Member	2.0	Director	$0	$0	$0
Jaiden Velasquez	Board Member/CSU Chico Student, End 5/2025	2.0	Director	$0	$0	$0
John Carlon	Board Member/Community Member	2.0	Director	$0	$0	$0
Kun Zhang	Board Member/CSU Faculty, Beg 11/2024	2.0	Director	$0	$59,926	$187,330
Nicholas Nelson	Boar Member/CSU Chico Faculty, Beg 9/2024	2.0	Director	$0	$59,893	$164,780
Sam Fogleman	Board Member/Community Member	2.0	Director	$0	$0	$0
Shane Mayor	Board Member/CSU Chico Faculty	2.0	Director	$0	$29,120	$128,731
Steve Perez	Board Member/CSU Chico President	2.0	Director	$0	$133,751	$600,032
Tod Kimmelshue	Board Member/Community Member	2.0	Director	$0	$0	$0
Mary Sidney	Board Secretary, CSE CEO	40.0	Officer	$254,316	$26,969	$281,285
Jason Schwenkler	Director, Geological Information Center	40.0	Highest	$192,069	$46,152	$238,221
Kristin Gruneisen	CHC Director	40.0	Highest	$154,651	$66,494	$221,145
Michele Flowerdew	Director of Sponsored Programs Administration	40.0	Highest	$164,130	$46,152	$210,282
Russell Wittmeier	Director of Human Resources	40.0	Highest	$172,204	$30,500	$202,704
Vance Kelly	Director of Finance and Accounting	40.0	Highest	$179,792	$58,579	$238,371

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	$84,406,789	$82,114,136	$56,400,644	$2,292,653
2024	$76,862,651	$78,392,881	$53,440,205	$-1,530,230
2023	$59,565,301	$60,379,823	$48,002,702	$-814,522
2022	$54,299,081	$52,751,467	$47,005,351	$1,547,614
2021	$46,861,327	$46,568,592	$47,170,077	$292,735
2020	$42,313,471	$42,566,735	$42,864,407	$-253,264
2019	$41,635,129	$39,441,773	$42,253,589	$2,193,356
2018	$41,440,364	$39,605,880	$37,032,885	$1,834,484