SAN JOSE STATE UNIVERSITY RESEARCH FOUNDATION

EIN: 946017638 501(c)(3) Education

SAN JOSE, CA

Total Revenue
$89,270,240
Total Expenses
$84,376,504
Total Assets
$76,693,420
Net Assets
$28,645,349
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1932
Legal Domicile
CA
Principal Officer
SHAILENDRA BAGHEL
Phone
4089241400
Tax Period
2024-07-01 to 2025-06-30

SAN JOSE STATE UNIVERSITY RESEARCH FOUNDATION, founded in 1932, is a mid-sized nonprofit in the Education sector that reported $89.3M in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $84.4M left a modest 5% surplus.

Mission

AS AN INTEGRAL MEMBER OF THE SAN JOSE STATE UNIVERSITY COMMUNITY, THE SAN JOSE STATE UNIVERSITY RESEARCH FOUNDATION PROVIDES AN ENTREPRENEURIAL FRAMEWORK THROUGH WHICH LOCAL, STATE AND FEDERAL AGENCIES, BUSINESSES AND PRIVATE FOUNDATIONS ENGAGE SJSU FACULTY AND STUDENTS IN SPONSORED RESEARCH, PUBLIC SERVICE AND COMMUNITY PROJECTS, CONSULTING AND OTHER SPECIALIZED EDUCATIONAL ACTIVITIES IN SUPPORT OF THE UNIVERSITY'S MISSION. DELIVERING SPECIALIZED BUSINESS SERVICES TO SUPPORT A DIVERSE RANGE OF EXTERNALLY FUNDED ACTIVITIES, THE SAN JOSE STATE UNIVERSITY RESEARCH FOUNDATION FOSTERS THE UNIVERSITY'S QUEST FOR EXCELLENCE BY: (1) SUPPORTING FACULTY SUCCESS, (2) EXPANDING STUDENT HORIZONS, (3) DELIVERING SPECIALIZED BUSINESS SERVICES, AND (4) DEVELOPING PARTNERSHIPS WITH THE COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $60,156,317 Revenue: $11,049,220

SPONSORED PROGRAMS: PROVIDE GRANT AND CONTRACT PROPOSAL DEVELOPMENT, AND SUPPORT AND ADMINISTRATION SERVICES TO SAN JOSE STATE UNIVERSITY FACULTY, GENERATING 347 PROPOSALS AND RECEIVING 253 AWARDS...

Read more

SPONSORED PROGRAMS: PROVIDE GRANT AND CONTRACT PROPOSAL DEVELOPMENT, AND SUPPORT AND ADMINISTRATION SERVICES TO SAN JOSE STATE UNIVERSITY FACULTY, GENERATING 347 PROPOSALS AND RECEIVING 253 AWARDS WORTH $111,384,752 DURING FISCAL YEAR ENDING JUNE 30, 2025. THE EXTERNALLY SURROUNDING COMMUNITY BENEFICIARIES OF THESE ACTIVITIES ARE THE STUDENTS WHOSE ENRICHED EXPERIENCE HAVE DIRECT CONSEQUENCES FOR THE FUTURE OF OUR METROPOLITAN AREA.

Program 2
Expenses: $13,205,046 Revenue: $2,425,439

CAMPUS AND COMMUNITY PROGRAMS: INCLUDE NUMEROUS NON-CREDIT PROGRAMS AND ACTIVITIES THAT SUPPLEMENT AND SUPPORT THE SAN JOSE STATE UNIVERSITY'S EDUCATIONAL MISSION. THESE ACTIVITIES BENEFIT THE...

Read more

CAMPUS AND COMMUNITY PROGRAMS: INCLUDE NUMEROUS NON-CREDIT PROGRAMS AND ACTIVITIES THAT SUPPLEMENT AND SUPPORT THE SAN JOSE STATE UNIVERSITY'S EDUCATIONAL MISSION. THESE ACTIVITIES BENEFIT THE STUDENTS, FACULTY, AND THE SURROUNDING SAN JOSE COMMUNITY.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $71,885,764
Program Service Revenue $13,474,659
Investment Income $2,852,796
Other Revenue $1,057,021
TOTAL REVENUE $89,270,240

Expense Breakdown

Grants Paid $6,910,818
Salaries & Benefits $46,439,070
Fundraising Expenses $0
Program Expenses $73,361,363
Other Expenses $31,026,616
TOTAL EXPENSES $84,376,504

Year-over-Year Comparison

2024 2023 Change
Revenue $89,270,240 $71,922,901 +0.2%
Expenses $84,376,504 $66,512,324 +0.3%
Net Income $4,893,736 $5,410,577 -0.1%
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

Sign In

Governance

Voting Members
14
Independent Members
1
Employees
1488
Volunteers
1

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
6
$1,708,069
Total Directors
17
$4,129,663
Key Employees
2
$457,211
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARC D'ALARCAO BOARD PRESIDENT 1.00
Officer Director
$0 $104,720 $369,019
MOHAMED ABOUSALEM BOARD PRESIDENT 1.00
Officer Director
$0 $42,595 $207,857
JESSICA TRASK BOARD VICE PRESIDENT 1.00
Officer Director
$0 $46,903 $245,713
RICHARD MOCARSKI BOARD VICE PRESIDENT 1.00
Officer Director
$1,096 $51,804 $201,726
CHARLIE FAAS BOARD TREASURER 1.00
Officer Director
$0 $81,777 $397,459
SHERYL EHRMAN SJSU DEAN 1.00
Director
$0 $79,625 $350,854
HEATHER LATTIMER SJSU DEAN 1.00
Director
$0 $60,907 $310,600
ANNE MARIE TODD SJSU DEAN 1.00
Director
$0 $86,531 $324,149
JASON ALEKSANDER SJSU PROFESSOR 1.00
Director
$0 $72,003 $205,520
PETRA DEKENS MLML EXECUTIVE DIRECTOR 1.00
Director
$0 $86,681 $268,717
LAURIE DRABBLE SJSU PROFESSOR (UNTIL 10/24) 1.00
Director
$14,921 $248 $76,698
KATY KAO SJSU PROFESSOR 1.00
Director
$23,301 $55,709 $224,340
MATTHEW SPANGLER SJSU DEPARTMENT CHAIR 1.00
Director
$0 $46,727 $210,875
HENRI BRILLON STUDENT REPRESENTATIVE 1.00
Director
$0 $0 $0
SARA NAYEEM STUDENT REPRESENTATIVE (UNTIL 02/25) 1.00
Director
$0 $0 $2,784
IVANO AIELLO MLML PROFESSOR (UNTIL 10/24) 1.00
Director
$7,149 $67,314 $226,086
VINCENT DEL CASINO SJSU PROVOST 1.00
Director
$0 $137,873 $507,266
ANDREW EXNER EXECUTIVE DIRECTOR 40.00
Officer
$251,402 $34,893 $286,295
DEBORAH MALONEY OSP DIRECTOR 40.00
Key Emp
$197,571 $12,787 $210,358
RANJIT KAUR HR DIRECTOR 40.00
Key Emp
$192,087 $54,766 $246,853
KAREN PHILBRICK MTI EXECUTIVE DIRECTOR 40.00
Highest
$263,813 $52,605 $316,418
MARK SNYCERSKI SENIOR RESEARCH ASSOCIATE 40.00
Highest
$257,042 $63,072 $320,114
MARK YARBROUGH PROJECT MANAGER 40.00
Highest
$229,402 $53,111 $282,513
SEAN LARAWAY PROJECT DIRECTOR 20.00
Highest
$175,235 $73,540 $447,537
SHAILENDRA BAGHEL FINANCE DIRECTOR 40.00
Highest
$173,000 $63,497 $236,497
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 $89,270,240 $84,376,504 $76,693,420 $4,893,736
2024 No data No data No data No data
2024 $71,922,901 $66,512,324 $66,788,650 $5,410,577
2023 $59,409,840 $58,288,881 $59,457,799 $1,120,959
2022 $56,020,839 $54,293,598 $60,826,660 $1,727,241
2021 $53,661,013 $54,306,631 $57,091,451 $-645,618
2020 $57,260,435 $57,341,017 $48,690,406 $-80,582
2019 $57,428,281 $57,169,909 $45,640,181 $258,372
2018 $54,255,402 $57,220,845 $43,785,269 $-2,965,443
Explore More Nonprofits
Top 100 Nonprofits in California Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare SAN JOSE STATE UNIVERSITY RESEARCH FOUNDATION with other nonprofits in California and across the country.