San Jose, CA
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)The Tower Foundation of San Jose State University, founded in 2004, is a mid-sized nonprofit in the Education sector that reported $40.8M in total revenue in fiscal year 2023. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $14.8M, a strong 36% operating margin.
The Tower Foundation's mission is to encourage philanthropy amoung SJSU alumni and friends by providing high quality, reliable, and responsive charitable giving services, donor stewardship, and accurate accounting for all gifts.
The Tower Foundation of San Jose State University is organized exclusively for educational purposes of promoting and advancing the objectives of San Jose State University. Primary purposes include...
The Tower Foundation of San Jose State University is organized exclusively for educational purposes of promoting and advancing the objectives of San Jose State University. Primary purposes include providing assistance to academic programs, libraries, classrooms, laboratories, student scholarships, faculty fellowships and professorships, faculty research and community projects, and athletics programs.
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%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $40,849,599 | $28,549,029 | +0.4% |
| Expenses | $26,052,888 | $26,670,626 | 0.0% |
| Net Income | $14,796,711 | $1,878,403 | +6.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Cynthia Teniente-Matson | SJSU President | 0.50 |
Officer
Director
|
$0 | $116,611 | $543,065 |
| Karthika Sasikumar | Faculty Senate Chair | 0.50 |
Director
|
$0 | $65,783 | $195,689 |
| Judy Nagai | CEO | 30.00 |
Officer
Director
|
$0 | $24,895 | $113,230 |
| Tom McCarron | Interim VPUA & CEO (until 12/31/23) | 30.00 |
Officer
Director
|
$0 | $0 | $74,093 |
| Folarin Erogbogbo | Faculty At-Large Rep | 0.50 |
Director
|
$11,392 | $80,195 | $167,984 |
| Phil Boyce | Chair | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Connie Moore | Vice Chair | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Wanda Hendrix | Treasurer | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| John W Baird | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| William E Barton | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Steve Caplan | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Vincent Del Casino | Director | 0.50 |
Director
|
$0 | $35,903 | $397,414 |
| Dana C Ditmore | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Charlie Faas | Director | 0.50 |
Director
|
$0 | $62,217 | $349,523 |
| Eric Kelly | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Janikke Klem | Alumni Appointee | 0.50 |
Director
|
$0 | $0 | $0 |
| Mark Lazzarini | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Linda Morasch | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Sarab Multani | Student Body Rep | 0.50 |
Director
|
$0 | $0 | $0 |
| Edward Oates | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Gary Radine | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Jeff Ricci | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Kevin Swanson | Athletic Directors Council | 0.50 |
Director
|
$0 | $0 | $0 |
| Sandy Swanson | Athletic Directors Council | 0.50 |
Director
|
$0 | $0 | $0 |
| Marko Trapani | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Peter V Ueberroth | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Colleen B Wilcox | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Robin Reynolds | COO/Secretary | 40.00 |
Officer
|
$0 | $54,303 | $272,697 |
| Brent Brennan | Head Coach, Football (until 1/16/24) | 1.00 |
Highest
|
$1,372,900 | $94,629 | $1,811,914 |
| Timothy Miles | Head Coach, Men's Basketball | 1.00 |
Highest
|
$478,933 | $82,786 | $905,515 |
| Jeffrey Konya | Director of Athletics | 1.00 |
Highest
|
$163,455 | $100,172 | $538,191 |
| Kevin McGiven | Assistant Coach, Football | 0.50 |
Highest
|
$151,588 | $51,817 | $422,678 |
| Derrick Odum | Assistant Coach, Football | 0.50 |
Highest
|
$136,636 | $82,786 | $445,595 |
| Lisa Millora | Former CEO | 0.00 |
|
$6,000 | $60,830 | $451,841 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $40,849,599 | $26,052,888 | $330,738,995 | $14,796,711 |
| 2023 | $28,549,029 | $26,670,626 | $300,067,577 | $1,878,403 |
| 2022 | $32,559,828 | $22,673,220 | $280,294,745 | $9,886,608 |
| 2021 | $46,353,106 | $23,148,854 | $263,921,731 | $23,204,252 |
| 2020 | $29,787,267 | $24,652,766 | $204,408,600 | $5,134,501 |
| 2019 | $27,044,574 | $26,049,500 | $211,640,861 | $995,074 |
| 2018 | $35,594,581 | $30,060,759 | $208,610,527 | $5,533,822 |
| 2017 | $32,989,103 | $31,444,958 | $202,905,479 | $1,544,145 |
Compare The Tower Foundation of San Jose State University with other nonprofits in California and across the country.