Overview
What is Cal Poly Corporation?
Cal Poly Corporation is a nonprofit organization based in San Luis Obispo, California, with the address 1 Grand Ave Building 15, ZIP code 93407. With a workforce of approximately 2926 employees, they are dedicated to providing crucial services and facilities that significantly contribute to the educational program of California Polytechnic State University. Their primary focus is on managing and administering externally sponsored research grants and contracts for the university's benefit.
Official website here: www.calpolycorporation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
Cal Poly Corporation has achieved a strong Four-Star rating from Charity Navigator, reflecting a high level of accountability and finance management. The overall score is based solely on a robust Accountability & Finance score of 92%, indicating that the organization is effectively managing its resources and operating transparently. This rating points to a commitment to financial integrity, with no reported material diversion of assets.
One of the organization's strengths lies in its independent board governance, with a high score for the size of independent members. However, it falls short in the percentage of independent board members, which may raise questions about governance diversity. Despite this limitation, the board's oversight structures, including an audit committee and various policies, are well-established and demonstrate a strong commitment to ethical practices.
Cal Poly Corporation also excels in its financial management metrics, including a low liabilities to assets ratio and a high program expense ratio, suggesting that a significant portion of its funds is directed toward its mission-related programs. Overall, the organization exhibits excellent accountability practices, though continued efforts to enhance board independence could further strengthen its governance framework.
This AI summary has been generated from information found on Charity Navigator.
Is Cal Poly Corporation legitimate?
Cal Poly Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cal Poly Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $451,430
Professional Fundraising Fees: $0
Other Salaries and Wages: $39,468,796
For more financial information, click here
Official website here: www.calpolycorporation.org
What is the mission statement of Cal Poly Corporation?
Cal Poly Corporation plays a crucial role in the educational program of the university by supplying essential services and facilities. Their mission is dedicated to enhancing the university's educational experience. The corporation manages various externally sponsored projects, serving the interests of the university through research grants and contracts. Their primary focus is on integrating these projects into the academic environment to augment the learning experience for students. By overseeing these endeavors, Cal Poly Corporation contributes significantly to the university's growth and development.
Official website here: www.calpolycorporation.org
Who is the CEO of Cal Poly Corporation?
Cody Vandorn is the CEO of Cal Poly Corporation The CEO's salary of Cal Poly Corporation is $26,100 and their total compensation is $425,446.
Official website here: www.calpolycorporation.org
What is the revenue of Cal Poly Corporation?
Cal Poly Corporation's revenue in 2024 was $124,990,435.
Official website here: www.calpolycorporation.org
Who are the executives of Cal Poly Corporation and what are their salaries?
The average compensation at Cal Poly Corporation during 2024 was $12,456. There are 3205 employees and 150 volunteers at Cal Poly Corporation.
Here are 21 key members and their salaries (Cal Poly Corporation's CEO's salary is $26,100 and their total compensation is $425,446):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $328,908
- Other: $56,714
- Compensation: $0
- Related: $335,160
- Other: $66,425
- Compensation: $0
- Related: $278,208
- Other: $116,861
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $11,096
- Other: $0
- Compensation: $0
- Related: $291,180
- Other: $119,395
- Compensation: $28,959
- Related: $158,434
- Other: $65,860
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $43,237
- Related: $203,294
- Other: $80,858
- Compensation: $0
- Related: $135,962
- Other: $62,091
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $255,228
- Other: $109,353
- Compensation: $26,100
- Related: $284,415
- Other: $114,931
- Compensation: $207,177
- Related: $24,474
- Other: $36,658
- Compensation: $109,551
- Related: $147,984
- Other: $71,273
- Compensation: $208,941
- Related: $0
- Other: $47,205
- Compensation: $184,232
- Related: $0
- Other: $16,134
- Compensation: $170,487
- Related: $0
- Other: $23,020
- Compensation: $153,479
- Related: $0
- Other: $36,452
Official website here: www.calpolycorporation.org
Where can I find the form 990 for Cal Poly Corporation?
Cal Poly Corporation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.calpolycorporation.org
Learn more at the official website: www.calpolycorporation.org
Mission Statement of Cal Poly Corporation
Cal Poly Corporation, a vital entity at the university, is committed to supplying essential services and facilities that seamlessly integrate into the educational program of the institution. The corporation plays a pivotal role in managing externally funded projects, acting as an intermediary between researchers and sponsors on behalf of the university to bring about beneficial outcomes.
By administering research grants and contracts, Cal Poly Corporation fosters a thriving environment for academic exploration and innovation. The corporation's involvement in these externally sponsored projects not only extends the reach of the university but also ensures the efficient allocation of resources and compliance with the sponsors' requirements. Through its dedication to supporting the university's educational mission, Cal Poly Corporation facilitates groundbreaking discoveries and contributes to the institution's ongoing success.
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Impact
October, 2024
Cal Poly Corporation significantly enhances the educational landscape at Cal Poly University by providing essential services and facilities integral to the university's mission. It plays a vital role in managing research grants and contracts, administering externally sponsored projects that benefit both the university and its students. This support fosters an environment conducive to academic and research excellence in San Luis Obispo, California. By facilitating various projects and initiatives, Cal Poly Corporation helps to enrich the educational experience, ensuring that students and faculty have the resources they need to thrive in their academic pursuits. Its contributions are pivotal in driving innovation, collaboration, and growth within the university community.
This information is meant to be a general summary of Cal Poly Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $4,721,572
- Program Service Revenue: $58,843,924
- Gross Receipts: $163,545,450
Assets and Liabilities:
- Total Assets: $241,706,330
- Total Liabilities: $111,913,142
- Net Assets: $129,793,188
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GRANTS & CONTRACTS
Revenue
$37,486,980
SERVICE FEES
Revenue
$10,521,262
UNIV. PROGRAMS SUPPORT
Revenue
$4,804,574
CONFERENCES & WORKSHOPS
Revenue
$3,131,936
MISCELLANEOUS
Revenue
$2,899,172
Organization Details
Founding Year
1940
Principal Officer
Dan Banfield
Website
www.calpolycorporation.orgNTEE Category
Code: B43 - Education
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