Overview
What is Forty-Niner Shops Inc?
Forty-Niner Shops Inc, also known as Beach Shops, is a nonprofit organization based in Long Beach, California. With a team of 702 employees, they support California State University, Long Beach, by providing essential goods and services that foster a vibrant learning community. Their offerings include operating three residential dining halls: Parkside, Hillside, and an off-campus Beachside location. Each facility offers similar menus that cycle through five weeks, with a range of options such as hot food, deli, salad bar, fresh fruit, soups, and desserts. The mission of Beach Shops goes beyond just dining, as they aim to enhance the educational process by funding scholarships, internships, and other student success programs, and offering student employees valuable life and career skills.
Official website here: www.csulb.edu/beach-shops
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star rating)
Forty-Niner Shops Inc has received an 85% rating from Charity Navigator, reflecting a solid level of accountability and financial management. This score is primarily based on the Accountability & Finance beacon, indicating that the organization meets essential transparency and governance standards. The organization has performed well in several key metrics, including a high program expense ratio of 77.20%, which suggests that a significant portion of its resources is directed toward its programs.
However, the organization has notable weaknesses that may raise concerns for potential donors. Specifically, it has not achieved any points for having independent board members, which could affect the perceived objectivity in governance. Additionally, the independent board size received a score of zero, indicating a lack of diversity or representation in its leadership structure.
On a positive note, Forty-Niner Shops Inc demonstrates strong practices in areas like financial oversight, conflict of interest policies, and document management, all scoring full marks. These strengths contribute to the overall impression of a responsible and well-managed nonprofit, despite the limitations in board independence.
This AI summary has been generated from information found on Charity Navigator.
Is Forty-Niner Shops Inc legitimate?
Forty-Niner Shops Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forty-Niner Shops Inc 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: $204,278
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,659,817
For more financial information, click here
Official website here: www.csulb.edu/beach-shops
What is the mission statement of Forty-Niner Shops Inc?
Forty-Niner Shops Inc is dedicated to enhancing and supporting the educational process at California State University, Long Beach. Their mission is achieved by providing essential goods and services that foster a learning community, training student employees with valuable life and career skills, and funding various programs promoting student success through scholarships, internships, and other initiatives. Forty-Niner Shops Inc manages residential dining halls, offering diverse menus with a rotating five-week cycle and an "all-you-can-eat" hot-food bar, deli, salad bar, fresh fruit, soups, and desserts.
Official website here: www.csulb.edu/beach-shops
Who is the CEO of Forty-Niner Shops Inc?
Gordon Copley is the Chair of Forty-Niner Shops Inc.
Official website here: www.csulb.edu/beach-shops
What is the revenue of Forty-Niner Shops Inc?
Forty-Niner Shops Inc's revenue in 2023 was $19,384,295.
Official website here: www.csulb.edu/beach-shops
Who are the executives of Forty-Niner Shops Inc and what are their salaries?
The average compensation at Forty-Niner Shops Inc during 2023 was $12,627. There are 702 employees at Forty-Niner Shops Inc.
Here are 16 key members and their salaries:
- Compensation: $0
- Related: $270,433
- Other: $114,449
- Compensation: $0
- Related: $268,060
- Other: $106,412
- Compensation: $0
- Related: $208,261
- Other: $76,932
- Compensation: $0
- Related: $180,817
- Other: $55,772
- Compensation: $0
- Related: $165,305
- Other: $78,210
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $81,957
- Related: $0
- Other: $14,380
- Compensation: $163,655
- Related: $0
- Other: $29,845
- Compensation: $164,192
- Related: $0
- Other: $30,590
- Compensation: $124,698
- Related: $0
- Other: $35,124
- Compensation: $130,748
- Related: $0
- Other: $27,623
- Compensation: $111,057
- Related: $0
- Other: $21,395
Official website here: www.csulb.edu/beach-shops
Where can I find the form 990 for Forty-Niner Shops Inc?
Forty-Niner Shops Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.csulb.edu/beach-shops
Learn more at the official website: www.csulb.edu/beach-shops
Mission Statement of Forty-Niner Shops Inc
Forty-Niner Shops Inc, a crucial organization at California State University, Long Beach, is dedicated to enhancing and supporting the educational process of the university. By supplying essential goods and services, this mission fosters an engaging learning community. Forty-Niner Shops goes beyond just selling products by providing valuable opportunities for student employees. These individuals gain crucial life and career skills through their employment.
Furthermore, Forty-Niner Shops funds scholarships, internships, and additional programs designed to promote student success. Their commitment to the educational process extends beyond the classroom. Forty-Niner Shops operates two on-campus residential dining halls, Parkside and Hillside, and one off-campus facility, Beachside. These dining halls offer a diverse range of menus, each following a five-week cycle. The menus consist of hot-food bars, delis, salad bars, fresh fruits, soups, and desserts. The community at Forty-Niner Shops believes that good nutrition plays a vital role in the academic success of students. By providing a variety of dining options, they ensure that students are well-fed and focused on their studies.
In summary, Forty-Niner Shops Inc, a vital component of California State University, Long Beach, strives to foster a thriving learning community. Through their diverse range of services, they support the educational process by providing essential goods and services, training student employees, and funding scholarships, internships, and other programs specifically designed to promote student success. Forty-Niner Shops is dedicated to the overall well-being and academic achievement of the students at California State University, Long Beach.
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Impact
October, 2024
Forty-Niner Shops Inc plays a significant role in enhancing the educational experience at California State University, Long Beach by providing essential goods and services that foster a vibrant learning community. By operating three distinct dining facilities—two on-campus residential dining halls (Parkside and Hillside) and an off-campus dining hall (Beachside)—the organization ensures that students have access to nutritious, diverse meal options throughout their academic journey.
The dining halls feature an "all-you-care-to-eat" hot-food bar, deli, salad bar, fresh fruit, soups, and desserts, all based on a carefully curated five-week menu cycle. This commitment to quality dining not only supports student health and well-being but also creates a welcoming atmosphere where students can gather, socialize, and engage in meaningful interactions.
Moreover, Forty-Niner Shops Inc is dedicated to empowering student employees by providing them with valuable life and career skills through on-the-job training. This aspect of their operations plays a key role in preparing students for future career opportunities. The organization also actively funds scholarships, internships, and various programs that further promote student success, demonstrating its deep commitment to the academic and personal growth of students at CSULB.
In summary, Forty-Niner Shops Inc significantly impacts the educational landscape by enhancing student life, promoting a supportive community, and investing in the future of its student population, all of which contribute to a more enriching academic environment at California State University, Long Beach.
This information is meant to be a general summary of Forty-Niner Shops Inc. 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 2023.
- Investment Income: $90,302
- Program Service Revenue: $1,931,699
- Gross Receipts: $34,898,738
Assets and Liabilities:
- Total Assets: $23,862,338
- Total Liabilities: $10,996,045
- Net Assets: $12,866,293
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ENTERPRISE REVENUE
Revenue
$1,931,699
Organization Details
Founding Year
1953
Phone
(562) 985-5093Principal Officer
Gordon Copley
Main Address
6049 EAST SEVENTH STREET, LONG BEACH, CA, 90840
Website
www.csulb.edu/beach-shopsNTEE Category
Code: B800 - Education
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