SONOMA STATE ENTERPRISES INC (EIN 942342146) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1961

Legal Domicile

Principal Officer

AMANDA VISSER

Phone

7076643251

Tax Period

2023-07-01 to 2024-06-30

SONOMA STATE ENTERPRISES INC, founded in 1961, is a community nonprofit in the Education sector that reported $7.0M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

SONOMA STATE ENTERPRISES, INC. PROVIDES SERVICES TO THE CAMPUS OF SONOMA STATE UNIVERSITY.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $12,534

Investment Income $8,863

Other Revenue $6,934,515

TOTAL REVENUE $6,955,912

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,340,834

Fundraising Expenses $0

Program Expenses $7,525,187

Other Expenses $3,239,937

TOTAL EXPENSES $7,580,771

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,955,912	$6,228,652	+0.1%
Expenses	$7,580,771	$6,684,521	+0.1%
Net Income	$-624,859	$-455,869	+0.4%

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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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

$1,097,882

Total Directors

$2,934,622

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MING-TUNG MIKE LEE	PRESIDENT, SSU	1.00	Officer Director	$0	$143,649	$596,050
CLAYTON TRENT	VP OF FINANCE	1.00	Director	$0	$0	$0
CASSANDRA GARCIA	AS PRESIDENT	1.00	Director	$0	$0	$0
JENNIFER HAYNES	STAFF REPRESENTATIVE, AC	1.00	Director	$0	$49,689	$112,756
KIM PURDY	STAFF REPRESENTATIVE, FC	1.00	Director	$0	$55,082	$141,759
DR KAREN MORANSKI	PROVOST AND VICE PRESIDENT	1.00	Director	$0	$69,357	$336,113
MONIR AHMED	VP FOR ADMIN & FINANCE, CF	1.00	Director	$0	$72,872	$331,502
DR MARIO PEREZ	VP OF ADVANCEMENT	1.00	Director	$0	$74,457	$313,089
DR JOHN URBANSKI	FACULTY REPRESENTATIVE, BU	1.00	Director	$0	$72,937	$274,074
DR KYUHO LEE	FACULTY REPRESENTATIVE, BU	1.00	Director	$0	$79,298	$352,296
ANASTASIA TOSOUNI	FACULTY REPRESENTATIVE, CR	1.00	Director	$0	$53,326	$132,376
GERALD JONES	VP OF STUDENT AFFAIRS	1.00	Director	$0	$92,721	$344,607
FRED VASKE	COMMUNITY REPRESENTATIVE	1.00	Director	$0	$0	$0
AMANDA VISSER	CHIEF FINANCIAL OFFICER	1.00	Officer	$0	$64,807	$234,343
NEIL MARKLEY	COO/BOARD SECRETARY	1.00	Officer	$0	$81,853	$267,489

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	No data	No data	No data	No data
2024	$6,955,912	$7,580,771	$6,678,329	$-624,859
2023	$6,228,652	$6,684,521	$5,726,727	$-455,869
2022	$6,449,759	$5,936,779	$6,049,603	$512,980
2021	$467,404	$4,657,073	$6,716,349	$-4,189,669
2020	$9,321,158	$11,644,877	$12,841,699	$-2,323,719
2019	$12,158,601	$11,527,939	$12,464,688	$630,662

SONOMA STATE ENTERPRISES INC