CALIFORNIA STATE UNIVERSITY CHANNEL ISLANDS FOUNDATION

EIN: 770433230 501(c)(3) Education

CAMARILLO, CA

Total Revenue
$14,256,721
Total Expenses
$10,275,435
Total Assets
$107,569,203
Net Assets
$106,490,246
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
CA
Principal Officer
MARK LISAGOR
Phone
8054378400
Tax Period
2024-07-01 to 2025-06-30

CALIFORNIA STATE UNIVERSITY CHANNEL ISLANDS FOUNDATION, founded in 1996, is a mid-sized nonprofit in the Education sector that reported $14.3M in total revenue in fiscal year 2024. Revenue surged 174% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.0M, a strong 28% operating margin.

Mission

TO FURTHER THE EDUCATIONAL PURPOSE OF CALIFORNIA STATE UNIVERSITY, CHANNEL ISLANDS (CSUCI).

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $8,747,753
Program Service Revenue $0
Investment Income $5,065,501
Other Revenue $443,467
TOTAL REVENUE $14,256,721

Expense Breakdown

Grants Paid $2,128,608
Salaries & Benefits $0
Fundraising Expenses $297,430
Program Expenses $8,884,878
Other Expenses $8,086,827
TOTAL EXPENSES $10,275,435

Year-over-Year Comparison

2024 2023 Change
Revenue $14,256,721 $5,197,945 +1.7%
Expenses $10,275,435 $6,297,425 +0.6%
Net Income $3,981,286 $-1,099,480 -4.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
22
Independent Members
20
Employees
N/A
Volunteers
20

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
5
$484,302
Total Directors
23
$1,030,494
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANGELA OGBECHIE BOARD MEMBER 1.00
Director
$0 $0 $0
ARMANDO CASILLAS VICE CHAIR 1.00
Officer Director
$0 $0 $0
BETSY GRETHER BOARD MEMBER 1.00
Director
$0 $0 $0
BRADLEY OLIN TREASURER, EX-OFFICIO (AS OF 08/24) 1.00
Officer Director
$0 $44,218 $169,011
CARI SHORE BOARD MEMBER 1.00
Director
$0 $0 $0
CHARLES COHEN BOARD MEMBER 1.00
Director
$0 $0 $0
CHERYL BROOME BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS MEISSNER SECRETARY 1.00
Officer Director
$0 $0 $0
CHRISTINE GARVEY BOARD MEMBER 1.00
Director
$0 $0 $0
IRENE PINKARD BOARD MEMBER 1.00
Director
$0 $0 $0
KEVIN CRUZ BOARD MEMBER 1.00
Director
$0 $0 $0
LINDA DULLAM BOARD MEMBER 1.00
Director
$0 $0 $0
MARIANNE MCGRATH BOARD MEMBER 1.00
Director
$0 $0 $0
MARK LISAGOR CHAIR 1.00
Officer Director
$0 $0 $0
MARTIN MCDERMUT BOARD MEMBER 1.00
Director
$0 $0 $0
NATALIE YANEZ BOARD MEMBER 1.00
Director
$0 $0 $0
PHILLIP RUSTON BOARD MEMBER 1.00
Director
$0 $0 $0
RICH BLOCK BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD LEROY BOARD MEMBER 1.00
Director
$0 $91,310 $341,179
RICHARD ROGERS BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD YAO BOARD MEMBER (CSUCI PRESIDENT) 1.00
Director
$0 $88,510 $520,304
RUDY PEREIRA BOARD MEMBER 1.00
Director
$0 $0 $0
SYLVIA ACEVEDO BOARD MEMBER 1.00
Director
$0 $0 $0
BARBARA REX TREASURER, EX-OFFICIO (UNTIL 08/24) 1.00
Officer
$0 $79,642 $315,291
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 $14,256,721 $10,275,435 $107,569,203 $3,981,286
2024 $5,197,945 $6,297,425 $100,586,754 $-1,099,480
2023 $14,875,852 $4,996,080 $94,642,755 $9,879,772
2022 $43,468,637 $3,123,606 $82,922,750 $40,345,031
2021 $20,451,974 $2,302,729 $47,882,083 $18,149,245
2020 $3,887,021 $4,388,758 $26,513,492 $-501,737
2019 $4,330,986 $2,420,429 $26,649,248 $1,910,557
2018 $3,549,827 $3,281,559 $25,792,194 $268,268
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