Totals
- Total revenue
- $2,169,128
- Total expenses
- $380,761
- Contributions and grants received
- $2,146,518
- Grants paid
- $0
- Program service revenue
- $18,709
- Investment income
- $3,898
- Other revenue
- $3
- Total assets, end of year
- $1,887,638
- Total liabilities, end of year
- $99,271
- Net assets or fund balances, end of year
- $1,788,367
- Program services expenses (Part IX)
- $323,185
- Management and general expenses
- $39,980
- Fundraising expenses
- $17,596
- Program service expenses (Part III)
- $323,185
Program services were 84.9% 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.
-
1f · All other contributions, gifts and grants
$2,146,518
-
2a · Program service revenue: Program service fees
total $18,709 · related or exempt $18,709
-
3 · Investment income
total $3,898 · excluded $3,898
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Other revenue
total $3 · excluded $3
-
11e · Other revenue, total
$3
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $90,832 · program services $57,159 · management and general $22,372 · fundraising $11,301
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $123,171 · program services $123,063 · management and general $108
-
8 · Pension plan contributions
total $2,398 · program services $2,398
-
9 · Other employee benefits
total $22,902 · program services $19,827 · management and general $2,084 · fundraising $991
-
10 · Payroll taxes
total $17,715 · program services $15,058 · management and general $1,771 · fundraising $886
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $3,742 · management and general $3,742
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $49,868 · program services $46,346 · management and general $2,788 · fundraising $734
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $10,777 · program services $9,158 · management and general $1,080 · fundraising $539
-
14 · Information technology
total $5,605 · program services $4,764 · management and general $561 · fundraising $280
-
15 · Royalties
total $0
-
16 · Occupancy
total $5,006 · program services $4,255 · management and general $501 · fundraising $250
-
17 · Travel
total $22,136 · program services $19,661 · management and general $1,650 · fundraising $825
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $22,523 · program services $19,249 · management and general $1,637 · fundraising $1,637
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $1,422 · management and general $1,422
-
24a · Other expenses: Dues, licenses & service fees
total $1,681 · program services $1,411 · management and general $166 · fundraising $104
-
24b · Other expenses: Other
total $983 · program services $836 · management and general $98 · fundraising $49
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $309,107
-
2 · Savings and temporary cash investments
end of year $1,524,259
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $10,375
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $13,540
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $30,357
-
17 · Accounts payable and accrued expenses
end of year $68,914
-
25 · Other liabilities
end of year $30,357
-
27 · Net assets without donor restrictions
end of year $617,771
-
28 · Net assets with donor restrictions
end of year $1,170,596
Mission and programs · 2022
Mission
Established in 2011, our mission is to help transform the states higher education system into an engine of economic opportunity that empowers all Californians, particularly those from underserved communities, to achieve their full potential.
Activities or mission (Part I)
California Competes: Higher Education for a Strong Economy is a nonpartisan policy and research organization focused on identifying solutions to the states most critical challenges at the intersection of higher education, equity, and the economy.
-
California Competes seeks to advance equitable postsecondary opportunities and a just and inclusive economy on behalf of underserved Californians by influencing systems-level change. In FY23, California Competes transitioned from a fiscally-sponsored project to an independent non-profit entity in April 2023. From April-June 2023, we made significant progress by pursuing a range of strategies, from promoting access and success for adult learners to aligning higher education with workforce needs, improving online education, and contributing to coordinated policy development and implementation. In our work to advance college access and success for adults, we formed a statewide coalition to support students with dependent children. We also conducted research that focused on identifying and removing barriers to re-enrollment for Californians with some college but no credential, ensuring they can access educational opportunities and economic mobility. Turning our attention to workforce alignment, we facilitated strategic collaboration among community colleges in Los Angeles County and local County government officials, fostering a cross-sector culture to boost career readiness. We also provided expert guidance to Orange Countys Community Economic Resilience Fund Highroad Transition Collaborative, which aims to improve regional coordination for economic development. To inform their efforts, we shared successful practices and how the county could connect higher education and workforce development efforts. Our efforts in promoting effective online education advanced through our California Higher Education Policy Institute for Legislative Staff in May 2023. This event not only educated policymakers on key issues facing the states higher education and workforce systems and shared ideas for policy reform but also led to a substantial $500,000 state investment for studying online education in California Community Colleges. Through Institute events like this, we aim to enhance legislators and staffers effectiveness as policymakers and contribute to informed decision-making towards reshaping systems to better serve Californians. In the realm of coordinated policy setting and implementation, we played a pivotal role as lead advocate and advisor for the California Cradle-to-Career Data System (C2C). Our engagement helped secure continued state investment for the development of C2C in the 2023-24 budget, despite challenging fiscal conditions. With California Competes CEO actively serving on the C2C Governing Board as a legislative appointee, we've provided thought leadership to shape board meeting structure and agendas for productive meetings and impacted C2Cs development. We also released a publication that highlighted recommendations for C2C to ensure the development of the data system leverages user-centered design to optimize usability and impact. Additionally, our Institute event for legislators in January 2023 prompted a bill to be introduced to improve coordination among those in the higher education ecosystem. Throughout the legislative session, we collaborated with the legislator's office, offering insights and information to strengthen the bill.
Expenses $323,185 · Revenue $18,709
As filed on the 2022 return.
Listed in Part VII
-
Elizabeth Hill
Chair
- Total calculated
- $0
- Hours/week
- 2
-
Julia Lopez
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Roger Niello
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Aida Alvarez
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Christopher Cabaldon
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Carl Cohn
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Steve Koblik
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Carol Liu
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Lenny Mendonca
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Mary Libby Schaaf
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Jack Scott
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Peter Weber
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Su Jin Jez PhD
CEO
- Total calculated
- $0
- Hours/week
- 40
-
Kim Bernet
VP, Ops & Fin.
- Total calculated
- $0
- Hours/week
- 40
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 1 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202431229349301223
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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