Skip to content
Nonprofiteer
← CALIFORNIA MARITIME ACADEMY FOUNDATION INC

Form 990 for tax year 2022

Filed by CALIFORNIA MARITIME ACADEMY FOUNDATION INC.

Totals

Total revenue
$5,697,541
Total expenses
$11,385,709
Contributions and grants received
$2,358,038
Grants paid
$504,809
Program service revenue
$2,505,030
Investment income
$806,738
Other revenue
$27,735
Total assets, end of year
$35,610,883
Total liabilities, end of year
$5,201,499
Net assets or fund balances, end of year
$30,409,384
Program services expenses (Part IX)
$10,889,769
Management and general expenses
$493,415
Fundraising expenses
$2,525
Program service expenses (Part III)
$10,889,769

Program services were 95.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $104,270

  • 1f · All other contributions, gifts and grants

    $2,253,768

  • 1g · Noncash contributions included above

    $1,168,425

  • 2a · Program service revenue: VESSEL LEASE REVENUE

    total $2,271,847 · unrelated business $2,271,847

  • 2b · Program service revenue: MANAGEMENT FEE

    total $233,183 · related or exempt $233,183

  • 3 · Investment income

    total $423,275 · unrelated business $35,157 · excluded $388,118

  • 7a · Gross sales of assets other than inventory

    securities $6,137,912 · other assets $650,929

  • 7b · Less cost or other basis and sales expenses

    securities $6,132,357 · other assets $273,021

  • 7c · Gain or loss

    securities $5,555 · other assets $377,908

  • 7d · Net gain or loss

    total $383,463 · unrelated business $377,908 · excluded $5,555

  • 8a · Fundraising events: gross income

    $204,236

  • 8a · Fundraising events: contributions included on line 1c

    $104,270

  • 8b · Fundraising events: direct expenses

    $176,501

  • 8c · Net income from fundraising events

    total $27,735 · excluded $27,735

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $504,809 · program services $504,809

  • 11b · Fees: legal

    total $4,929 · management and general $4,929

  • 11f · Fees: investment management

    total $68,368 · management and general $68,368

  • 11g · Fees: other

    total $674,253 · program services $674,253

  • 12 · Advertising and promotion

    total $6,078 · program services $6,078

  • 13 · Office expenses

    total $24,397 · program services $10,079 · management and general $14,318

  • 14 · Information technology

    total $14,704 · program services $14,704

  • 17 · Travel

    total $55,977 · program services $53,452 · fundraising $2,525

  • 19 · Conferences, conventions and meetings

    total $1,600 · program services $1,600

  • 22 · Depreciation, depletion and amortization

    total $4,967,525 · program services $4,928,729 · management and general $38,796

  • 24a · Other expenses: AUXILIARY SUPPORT TO CM

    total $4,084,258 · program services $4,084,258

  • 24b · Other expenses: OTHER EXPENSES

    total $255,297 · program services $192,638 · management and general $62,659

  • 24c · Other expenses: SUPPLIES AND EQUIPMENT

    total $237,040 · program services $237,040

  • 24d · Other expenses: FDN ADMIN SERVICE FEE

    total $212,405 · management and general $212,405

  • 24e · All other expenses

    total $274,069 · program services $182,129 · management and general $91,940

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $5,364,696 · end of year $3,835,349

  • 2 · Savings and temporary cash investments

    beginning of year $5,854,085 · end of year $6,137,912

  • 3 · Pledges and grants receivable

    beginning of year $287,553 · end of year $161,690

  • 4 · Accounts receivable

    beginning of year $538,904 · end of year $9,164

  • 10a · Land, buildings and equipment: cost or other basis

    $20,983,823

  • 10b · Land, buildings and equipment: accumulated depreciation

    $9,306,240

  • 10c · Land, buildings and equipment, net

    beginning of year $15,789,129 · end of year $11,677,583

  • 11 · Investments: publicly traded securities

    beginning of year $10,158,312 · end of year $10,117,328

  • 12 · Investments: other securities

    end of year $998,201

  • 15 · Other assets

    beginning of year $4,398,053 · end of year $2,673,656

  • 17 · Accounts payable and accrued expenses

    beginning of year $117,306 · end of year $120,904

  • 19 · Deferred revenue

    beginning of year $25,977 · end of year $21,667

  • 25 · Other liabilities

    beginning of year $6,809,200 · end of year $5,058,928

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $15,789,129 · end of year $11,667,583

  • 31 · Retained earnings, endowment or other funds

    beginning of year $19,649,120 · end of year $18,741,801

Mission and programs · 2022

Mission

WORKING WITH THE FACULTY, ALUMNI, PARENTS, DONORS, AND STUDENTS, SEEKING TO BROADEN CAL MARITIME'S COMMUNITY TO INCLUDE ALL WHO HOLD A STAKE IN ITS PAST, PRESENT, AND FUTURE. RESPONSIBILITIES INCLUDE FUNDRAISING, DONOR RELATIONS, ALUMNI AFFAIRS, LEGISLATIVEAFFAIRS, AND FUNDRAISING DATABASE MANAGEMENT.

Activities or mission (Part I)

WORKING WITH FACULTY, ALUMNI, PARENTS, DONORS, AND STUDENTS, TO BROADEN CAL MARITIME'S COMMUNITY.

  • ACTIVITIES RELATING TO RAISING MONEY FOR SCHOLARSHIPS, SUPPORTING THE ACADEMIC AND STUDENT PROGRAMS, AND BUILDING THE ENDOWMENT.

    Expenses $10,384,960 · Revenue $233,183

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $504,809 · Grants $504,809

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • Thomas Cropper

    DIRECTOR (PRESIDENT,CSUMA)

    Total calculated
    $403,146
    From this org
    $303,324
    From related orgs
    $0
    Other
    $99,822
    Hours/week
    4 + 40 related

    Schedule J breakdown matched by us

    Base
    $303,324
    Bonus
    $0
    Other
    $0
    Deferred
    $89,174
    Nontaxable benefits
    $10,648
    Filer's total
    $403,146

  • Franz Lozano

    FOUNDATION CONTROLLER (VP/CFO,CSUMA)

    Total calculated
    $305,162
    From this org
    $214,232
    From related orgs
    $0
    Other
    $90,930
    Hours/week
    4 + 40 related

    Schedule J breakdown matched by us

    Base
    $214,232
    Bonus
    $0
    Other
    $0
    Deferred
    $64,684
    Nontaxable benefits
    $26,246
    Filer's total
    $305,162

  • Lori Schroeder

    DIRECTOR (VP ACADEMIC AFFAIRS,CSUMA)

    Total calculated
    $306,927
    From this org
    $242,702
    From related orgs
    $0
    Other
    $64,225
    Hours/week
    4 + 40 related

    Schedule J breakdown matched by us

    Base
    $242,702
    Bonus
    $0
    Other
    $0
    Deferred
    $39,995
    Nontaxable benefits
    $24,230
    Filer's total
    $306,927

  • Richard P Ortega

    DIRECTOR (VP UNIV ADV.,CSUMA)

    Total calculated
    $268,750
    From this org
    $268,750
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $268,750
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $268,750

  • Assis Malaquis

    DIRECTOR (FACULTY CHAIR GSMA,CSUMA)

    Total calculated
    $186,454
    From this org
    $132,806
    From related orgs
    $0
    Other
    $53,648
    Hours/week
    4 + 40 related

    Schedule J breakdown matched by us

    Base
    $132,806
    Bonus
    $0
    Other
    $0
    Deferred
    $31,938
    Nontaxable benefits
    $21,710
    Filer's total
    $186,454

  • Jennifer Radics Johnson

    DTR (SR.DIR.OF ADV.OPERATIONS,CSUMA)

    Total calculated
    $97,694
    From this org
    $73,295
    From related orgs
    $0
    Other
    $24,399
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $73,295
    Bonus
    $0
    Other
    $0
    Deferred
    $23,455
    Nontaxable benefits
    $944
    Filer's total
    $97,694

  • John Betz

    CHAIR, EXEC. COMM

    Total calculated
    $0
    Hours/week
    4

  • Michael Rodgers

    VICE CHAIR,TREASURER (INTERIM)

    Total calculated
    $0
    Hours/week
    4

  • Timothy Coombs

    SECRETARY&CHAIR, AUDIT COMMITTEE

    Total calculated
    $0
    Hours/week
    4

  • Erin Pierson

    DTR (PRES.CAL MARITIME ALUMNI ASSOC)

    Total calculated
    $0
    Hours/week
    4

  • Max Jones

    DTR (PRES. ASSOC. STUDENTS CMA)

    Total calculated
    $0
    Hours/week
    4

  • Alicia Porter-Villalobos

    DTR (CORPS COMMANDER,CORPS OF CADETS)

    Total calculated
    $0
    Hours/week
    4

  • Madison Dack

    DTR (HOUSING DIR.,RESIDENT LIFE)

    Total calculated
    $0
    Hours/week
    4

  • William Andrew

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Gladys Brown

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Beth Kirkpatrick

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Ed Washburn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Cameron Clark

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Kim Estes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • David Frankel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • John Giffin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Lynn Korwatch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Adam Moilanen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Christopher Peterson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Todd Roberts

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Mario Cordero

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Kris Abrudan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Marc Bayer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

FORM 990, SCHEDULE J, PART II
THE FOLLOWING INDIVIDUALS RECEIVED THE FOLLOWING TYPES OF COMPENSATION FROM CALIFORNIA STATE UNIVERSITY MARITIME ACADEMY, AN UNRELATED ORGANIZATION: THOMAS CROPPER; BASE COMPENSATION $303,324, DEFERRED COMPENSATION $89,174, AND NONTAXABLE BENEFITS $10,648 FRANZ LOZANO; BASE COMPENSATION $214,232, DEFERRED COMPENSATION $64,684, AND NONTAXABLE BENEFITS $26,246 LORI SCHROEDER; BASE COMPENSATION $242,702, DEFERRED COMPENSATION $39,995, AND NONTAXABLE BENEFITS $24,230 ASSIS MALAQUIS; BASE COMPENSATION $132,806, DEFERRED COMPENSATION $31,938, AND NONTAXABLE BENEFITS $21,710 JENNIFER JOHNSON; BASE COMPENSATION $73,295, DEFERRED COMPENSATION $23,455, AND NONTAXABLE BENEFITS $944 RICHARD P. ORTEGA; BASE COMPENSATION $268,750

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

  • CALIFORNIA STATE UNIVERSITY MARITIME ACADEMY

    $504,809

    STUDENT ASSISTANCE

Provenance

Return type
form_990
Tax year
2022
Filed
13 May 2024
IRS schema version
2022v5.0
Source object
202401359349306680

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.