CAL POLY CORPORATION (EIN 951648180) - 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

1940

Legal Domicile

Principal Officer

DAN BANFIELD

Phone

8057561451

Tax Period

2023-07-01 to 2024-06-30

CAL POLY CORPORATION, founded in 1940, is a major nonprofit in the Education sector that reported $125.0M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $107.7M left a modest 14% surplus.

Mission

TO PROVIDE THE UNIVERSITY WITH CERTAIN SERVICES AND FACILITIES WHICH ARE AN INTEGRAL PART OF THE EDUCATIONAL PROGRAM OF THE 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 $16,262,667

Program Service Revenue $58,843,924

Investment Income $3,452,281

Other Revenue $46,431,563

TOTAL REVENUE $124,990,435

Expense Breakdown

Grants Paid $12,854,883

Salaries & Benefits $50,404,045

Fundraising Expenses $0

Program Expenses $98,989,610

Other Expenses $44,462,525

TOTAL EXPENSES $107,721,453

Year-over-Year Comparison

	2023	2022	Change
Revenue	$124,990,435	$111,177,306	+0.1%
Expenses	$107,721,453	$100,011,654	+0.1%
Net Income	$17,268,982	$11,165,652	+0.5%

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

3205

Volunteers

150

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

$1,876,031

Total Directors

$2,747,223

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STAN NOSEK	CHAIR	4.00	Officer Director	$0	$0	$0
CYNTHIA VILLA PART YEAR	CHAIR	4.00	Officer Director	$0	$56,714	$385,622
CYNTHIA JACKSON-ELMOORE	VICE CHAIR	4.00	Officer Director	$0	$66,425	$401,585
DAMON FLEMING	SECRETARY/TREASURER	4.00	Officer Director	$0	$116,861	$395,069
CARA CRYE-WRIGHT	DIRECTOR	4.00	Director	$0	$0	$0
AARON FERNANDES	DIRECTOR	4.00	Director	$0	$0	$11,096
KEITH HUMPHREY	DIRECTOR	4.00	Director	$0	$119,395	$410,575
SEAN HURLEY	DIRECTOR	20.00	Director	$28,959	$65,860	$253,253
GERI LACHANCE	DIRECTOR	4.00	Director	$0	$0	$0
PATRICK MULLEN	DIRECTOR	4.00	Director	$0	$0	$0
CYRUS RAMEZANI	DIRECTOR	10.00	Director	$43,237	$80,858	$327,389
STEVEN REIN	DIRECTOR	4.00	Director	$0	$62,091	$198,053
TONY WALPOLE	DIRECTOR	4.00	Director	$0	$0	$0
DEAN WENDT	DIRECTOR	10.00	Director	$0	$109,353	$364,581
CODY VANDORN	CEO	40.00	Officer	$26,100	$114,931	$425,446
DAN BANFIELD	CFO	40.00	Officer	$207,177	$36,658	$268,309
DANIEL HOWES	CPSU FACULTY (CAFES)	40.00	Highest	$109,551	$71,273	$328,808
JAMES DUNNING	ASSOC. VP, CORPORATE ENGAG	40.00	Highest	$208,941	$47,205	$256,146
ANDREA BURNS	ASSOC. EXEC. DIRECTOR, CPC	40.00	Highest	$184,232	$16,134	$200,366
TIFFANY KRAMLICH	CPC DIRECTOR OF HR	40.00	Highest	$170,487	$23,020	$193,507
MATTHEW GRIESHOP	DIRECTOR (CAFES)	40.00	Highest	$153,479	$36,452	$189,931

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	$124,990,435	$107,721,453	$352,704,648	$17,268,982
2023	$111,177,306	$100,011,654	$275,406,863	$11,165,652
2022	$93,935,968	$80,944,302	$241,706,330	$12,991,666
2021	$66,523,157	$72,489,849	$221,621,500	$-5,966,692
2020	$72,248,581	$73,435,532	$209,034,925	$-1,186,951
2019	$89,832,573	$76,722,508	$209,928,217	$13,110,065
2018	$74,954,310	$74,647,989	$192,599,266	$306,321

CAL POLY CORPORATION