2026-04-27T17:26:18-05:00 2025-06-30 930623286 ALDRICH CPAS AND ADVISORS LLP 1903 WRIGHT PLACE 180 CARLSBAD CA 92008 990 2024-07-01 956006691 ASSOCIATED STUDENTS INC CALIFORNIA STATE UNIVERSITY FULLERTON ASSO 6572782401 800 N STATE COLLEGE PO BOX 6828 FULLERTON CA 928346828 DAVE EDWARDS EXECUTIVE DIRECTOR 6572782401 2026-04-27 1 1 DEBRA D SMITH CPA P00646873 7604318440 2026-04-27 2024 2025-03-06 01:10:19Z DAVE EDWARDS 800 N STATE COLLEGE PO BOX 6828 FULLERTON CA 928346828 37317921 0 X HTTP://WWW.ASI.FULLERTON.EDU X 1975 CA PROVIDES STUDENT GOVERNANCE AND ADVOCATES FOR STUDENT INTEREST IN LOCAL, STATE AND NATIONAL FORUMS. 18 2 692 1312 536703 0 1813505 1899147 20225178 23127626 1210610 1570204 0 0 23249293 26596977 2541690 2801305 0 0 13145130 13712392 0 0 0 8100966 8105306 23787786 24619003 -538493 1977974 25946278 28458877 16910601 18233323 9035677 10225554 X ASI PROVIDES FOR STUDENT GOVERNANCE AND ADVOCATES FOR STUDENT INTERESTS IN LOCAL, STATE, AND NATIONAL FORUMS. ASI PROVIDES STUDENT ACTIVITIES, FUNDING FOR STUDENT ORGANIZATIONS, OPERATES A STUDENT UNION, STUDENT RECREATION CENTER AND CHILDCARE CENTER. 0 0 6871094 2801305 20618168 ASI ADVISES, SUPPORTS AND OVERSEES THE FUNCTIONS OF STUDENT GOVERNMENT, AS WELL AS A VARIETY OF STUDENT PROGRAMS. ADDITIONALLY, ASI PLANS AND IMPLEMENTS A VARIETY OF STUDENT LEADER DEVELOPMENT, TRAINING, AND RETREAT PROGRAMS HOSTED THROUGHOUT THE YEAR. THE STUDENT GOVERNMENT DEPARTMENT AIDS STUDENT LEADERS, INCLUDING THE BOARD OF DIRECTORS, EXECUTIVE OFFICERS, AND THE INTER-CLUB COUNCILS, IN NAVIGATING THEIR EXPERIENCES IN ASI AND SERVING THE STUDENTS OF THE UNIVERSITY. ASI PROVIDES EXPERTISE IN PLANNING AND COMPLETION OF EVENTS AND ACTIVITIES FOR STUDENTS. ADDITIONALLY, ASI ADVISES STUDENT LEADERS ON BUDGET AND FINANCE, AND MONITORS THE CAMPUS FUNDING/FUNDED COUNCILS, ORGANIZATIONS, AND CLUBS RECEIVING FUNDING FROM ASI. ASI OPERATES A STUDENT UNION (TSU) WHICH IS THE CENTER OF CAMPUS LIFE AND SERVES AS THE PRIMARY GATHERING AND MEETING PLACE FOR THE UNIVERSITY COMMUNITY. IN ADDITION TO EVENT SPACE, THE TSU PROVIDES STUDY SPACE, STUDENT ART GALLERIES, TITAN BOWL & BILLIARDS, A FOOD COURT, ATM BANKING, DISCOUNT TICKET SALES, AND THE FOOD PANTRY. THE FOOD PANTRY SERVES TO DISTRIBUTE FOODS AND SUPPORT STUDENTS FACING FOOD INSECURITY.ASI IS ALSO RESPONSIBLE FOR ADMINISTERING AND OVERSEEING STUDENT RESEARCH GRANTS AND PROVIDING OFFICE AND STORAGE SPACES FOR CLUBS AND ACTIVITIES. 1852113 1347296 THE STUDENT RECREATION CENTER (SRC) FEATURES A CARDIO FLOOR, WEIGHT ROOM, 35-FOOT-HIGH ROCK WALL, INDOOR JOGGING TRACK, OUTDOOR SWIMMING POOL, AND 22,000 SQUARE FEET OF GYMNASIUM SPACE. TITAN RECREATION, THE RECREATIONAL ARM OF ASI, OFFERS AQUATICS, PERSONAL TRAINING, INSTRUCTIONAL FITNESS, ROCK CLIMBING TRAINING, AND INTRAMURAL SPORTS. WITH THE ADDITION OF THE F45 FITNESS CLASSES AND OUTDOOR ADVENTURE PROGRAMS, THE SRC CONTINUES TO EXPAND TO MEET THE NEEDS OF A GROWING STUDENT POPULATION. UNIVERSITY STUDENTS WHO HAVE PAID THE STUDENT CENTER FEE RECEIVE ACCESS TO THE SRC AND ALL THE PROGRAMS OFFERED BY TITAN RECREATION. MEMBERSHIPS ARE ALSO AVAILABLE TO THE REST OF THE CAMPUS COMMUNITY AND ALUMNI. 2860552 625459 THE CHILDREN'S CENTER (CENTER) PROVIDES TOP-QUALITY CARE AND AN EXCEPTIONAL EDUCATIONAL PROGRAM FOR THE CHILDREN OF UNIVERSITY STUDENTS, FACULTY, AND STAFF. IT SERVES THE FUNDAMENTAL PURPOSE OF MAKING HIGHER EDUCATION ACCESSIBLE TO STUDENT PARENTS BY OFFERING AFFORDABLE AND QUALITY CHILDCARE. THE CENTER ALSO PROVIDES SUBSIDIZED CHILDCARE FOR LOW-INCOME STUDENTS, WHICH ENABLES MANY TO ATTEND WHO OTHERWISE COULD NOT AFFORD OR ARRANGE FOR CHILDCARE. THE CENTER SERVES APPROXIMATELY 100 CHILDREN AND EMPLOYS 75 UNIVERSITY STUDENTS. 11583759 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 1 0 1 102 0 692 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 18 2 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X KATHLEEN POSTAL 6572782402 800 N STATE COLLEGE PO BOX 6828 FULLERTON CA 92831 MEGAN HANNOUN CHIEF GOVERNMENTAL OFFICER 20.00 X X 0 0 0 JOE MORALES ASI PRESIDENT 20.00 X X 0 0 0 SAMANTHA NGO TREASURER 20.00 X X 0 0 0 BRIAN RUBIO VICE CHAIR 20.00 X X 0 0 0 GAVIN ONG BOARD CHAIR 20.00 X X 0 0 0 NOAH ALVAREZ SECRETARY 20.00 X X 0 0 0 SUZETTE MORALES VICE PRESIDENT 20.00 X X 0 0 0 ARIANNA NEEKI DIRECTOR 10.00 X 0 0 0 JARED BROWN DIRECTOR 10.00 X 0 0 0 ANDREA SOLARES DIRECTOR 10.00 X 0 0 0 ANDREA RAMIREZ-RIVERA DIRECTOR 10.00 X 0 0 0 SOMI NEBEDUM DIRECTOR 10.00 X 0 0 0 RENATA OLIVARES DIRECTOR 10.00 X 0 0 0 ALISA FLOWERS DIRECTOR 1.00 40.00 X 0 153303 72268 HANEEFAH SYED DIRECTOR 10.00 X 0 0 0 BRIAN WALKLEY DIRECTOR 10.00 X 0 0 0 RIYA JAIN DIRECTOR 10.00 X 0 0 0 JOSHUA LOPEZ DIRECTOR 10.00 X 0 0 0 BENJAMIN HER DIRECTOR 10.00 X 0 0 0 ERIC LY DIRECTOR 10.00 X 0 0 0 SHAY QUOCK DIRECTOR 10.00 X 0 0 0 KESHAV DAGA DIRECTOR 10.00 X 0 0 0 KAVIL JAIN DIRECTOR 10.00 X 0 0 0 JOEL GARIBAY DIRECTOR 10.00 X 0 0 0 MATTHEW JARVIS PHD DIRECTOR 1.00 40.00 X 0 139303 59545 KATHLEEN POSTAL CHIEF FINANCIAL OFFICER 40.00 X 177795 0 25292 DAVE EDWARDS EXECUTIVE DIRECTOR 40.00 X 233592 0 61249 KEYA ALLEN ASSOCIATE EXECUTIVE DIRECT 40.00 X 183505 0 37825 JEFF FEHRN CHIEF ORGANIZATIONAL OPERA 40.00 X 144152 0 46280 LUSIA KOMALA ACCOUNTING MANGER 40.00 X 121270 0 49221 ANDREA OKOH HUMAN RESOURCES DIRECTOR 40.00 X 135110 0 30463 DAVID PANTOJA DIRECTOR OF BUILDING ENGINEERING 40.00 X 125272 0 47043 KIRSTEN STAVA STUDENT UNION DIRECTOR 40.00 X 114289 0 46104 1234985 292606 475290 12 0 1 0 0 1490140 409007 300069 1899147 STUDENT FEES 611710 19036445 19036445 STUDENTS RECREATIONAL CENTER 611710 1740515 1347296 393219 CAMPUS REIMBURSEMENT 611710 1531755 1531755 CHILDREN'S CENTER 611710 768943 625459 143484 OTHER PROGRAM REVENUE 611710 49968 49968 23127626 891180 891180 11399968 10720944 679024 679024 679024 26596977 22590923 536703 1570204 X 2801305 2801305 738529 738529 8915885 4074413 4841472 667973 180622 487351 2831114 765543 2065571 558891 151126 407765 127104 127104 44234 44234 3139215 1282296 1856919 1364798 904669 460129 471085 27098 443987 287979 187142 100837 430247 430247 447552 70334 377218 OTHER EXPENSES 790915 461730 329185 0 DUES & FEES 423217 247071 176146 0 CONTRACTS AND RENTALS 386737 363356 23381 0 REPAIRS & MAINTENANCE 158177 59390 98787 0 34046 7664 26382 24619003 11583759 13035244 0 797880 1549934 356443 253351 1123547 1041855 11190 15356 368416 283425 4837401 2610282 1328155 2227119 21667896 22909089 292751 178748 25946278 28458877 1238028 2283774 732863 252471 799650 934577 14140060 14762501 16910601 18233323 X 8896235 10096099 139442 129455 9035677 10225554 25946278 28458877 X 1977974 -229196 -558901 X 0 1 X 1 0 X X 1 CSU FULLERTON 330632102 2 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 X PART I ADDITIONAL SUPPLEMENTAL INFORMATION THE ASSOCIATED STUDENTS INC., CALIFORNIA STATE UNIVERSITY, FULLERTON (ASI) IS THE RECOGNIZED STUDENT GOVERNMENT AT CALIFORNIA STATE UNIVERSITY, FULLERTON, ADVOCATING STUDENT INTEREST ON CAMPUS AND IN LOCAL, STATE AND NATIONAL FORUMS. THE ASI STRIVES TO DEVELOP RELEVANT AND QUALITY-MINDED SERVICES, FACILITIES, AND EXPERIENCES WHICH ARE RESPONSIVE TO MEMBERS OF THE CAMPUS AND SURROUNDING COMMUNITIES. THE ASI FOSTERS MEANINGFUL STUDENT DEVELOPMENT OPPORTUNITIES THROUGH LEADERSHIP, VOLUNTEER, AND EMPLOYMENT EXPERIENCES. IN ADDITION TO OUT-OF-CLASSROOM LEARNING OPPORTUNITIES, THE ASI PROVIDES CAMPUS COMMUNITY MEMBERS WITH IMPORTANT SOCIAL, CULTURAL, AND RECREATIONAL OPPORTUNITIES AS WELL AS A WIDE RANGE OF PROGRAMS AND SERVICES. IN RECOGNITION OF ITS RESPONSIBILITY TO ENHANCE STUDENT LIFE, THE ASI ENCOURAGES AND SUPPORTS THE ACTIVITIES OF ALL CALIFORNIA STATE UNIVERSITY, FULLERTON RECOGNIZED STUDENT ORGANIZATIONS WHOSE ACTIVITIES STIMULATE INDIVIDUAL AND GROUP PARTICIPATION WITHIN THE COMMUNITY. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 955551 25527 930024 3881850 2584755 1297095 2227119 MUTUAL FUNDS/EQUITIES 4881090 F LOCAL AGENCY INVESTMENT FUND (LAIF) 18027999 F 22909089 UNFUNDED PENSION OBLIGATION 10203116 UNFUNDED POST-RETIREMENT LIABILITY 3564257 RELATED PARTY PAYABLE 814958 LEASE LIABILITY 180170 14762501 X 34752072 -229196 8428525 8199329 26552743 44234 44234 26596977 33562195 8428525 558901 8987426 24574769 44234 44234 24619003 PART IV, LINE 2B: FUNDS HELD FOR OTHERS CONSISTS OF AMOUNTS THAT ARE INCLUDED IN CASH AND INVESTMENTS OF ASI BUT BELONG TO OTHER RELATED ORGANIZATIONS. THE AMOUNTS ARE REPORTED AS AN ASSET AND A LIABILITY FOR THE SAME AMOUNT. NO REVENUE OR EXPENSES ARE RECOGNIZED FOR THESE ACTIVITIES. PART X, LINE 2: ASI FOLLOWS ACCOUNTING STANDARDS GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA RELATED TO THE RECOGNITION OF UNCERTAIN TAX POSITIONS. ASI RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS AS PART OF THE STATEMENT OF ACTIVITIES, WHEN APPLICABLE. MANAGEMENT HAS DETERMINED THAT ASI HAS NO UNCERTAIN TAX POSITIONS AT JUNE 30, 2025 AND 2024 AND THEREFORE, NO AMOUNTS HAVE BEEN ACCRUED. PART XII, LINE 2D - OTHER ADJUSTMENTS: PENSION AND POSTRETIREMENT RELATED CHANGES OTHER THAN SERVICE COST 558,901. 0 TUITION, BOOKS & BOARD GRANT 264 2248286 STUDENT LEADERSHIP AWARDS 137 445637 SCHOLARSHIPS 93 107382 X X 0 0 0 0 0 0 0 0 0 DAVE EDWARDS EXECUTIVE DIRECTOR 233592 0 0 0 0 0 32968 0 28281 0 294841 0 0 0 ALISA FLOWERS DIRECTOR 0 153303 0 0 0 0 0 40333 0 31935 0 225571 0 0 KEYA ALLEN ASSOCIATE EXECUTIVE DIRECT 183505 0 0 0 0 0 25511 0 12314 0 221330 0 0 0 KATHLEEN POSTAL CHIEF FINANCIAL OFFICER 177795 0 0 0 0 0 12978 0 12314 0 203087 0 0 0 MATTHEW JARVIS PHD DIRECTOR 0 139303 0 0 0 0 0 29091 0 30454 0 198848 0 0 JEFF FEHRN CHIEF ORGANIZATIONAL OPERA 144152 0 0 0 0 0 22610 0 23670 0 190432 0 0 0 DAVID PANTOJA DIRECTOR OF BUILDING ENGINEERING 125272 0 0 0 0 0 17430 0 29613 0 172315 0 0 0 LUSIA KOMALA ACCOUNTING MANGER 121270 0 0 0 0 0 19608 0 29613 0 170491 0 0 0 ANDREA OKOH HUMAN RESOURCES DIRECTOR 135110 0 0 0 0 0 18623 0 11840 0 165573 0 0 0 KIRSTEN STAVA STUDENT UNION DIRECTOR 114289 0 0 0 0 0 18665 0 27439 0 160393 0 0 0 PART I, LINE 3 ASI CONDUCTS A FORMAL COMPENSATION STUDY EVERY 2 TO 3 YEARS TO ENSURE ITS COMPENSATION STRUCTURE REMAINS COMPETITIVE AND INTERNALLY EQUITABLE. POSITIONS ARE EVALUATED AND WEIGHTED BASED ON JOB RESPONSIBILITIES, SCOPE, AND ORGANIZATIONAL IMPACT, AND A CORRESPONDING SALARY SCALE IS DEVELOPED. COMPENSATION LEVELS ARE BENCHMARKED AGAINST RELEVANT MARKET DATA, INCLUDING NON-PROFIT INDUSTRY STANDARDS AND THE CALIFORNIA STATE UNIVERSITY, FULLERTON (CSUF) SALARY SCALE FOR COMPARABLE POSITIONS. FOR POSITIONS WITHOUT DIRECT CSUF EQUIVALENTS, COMPENSATION IS BASED ON EXTERNAL MARKET DATA. THE AVP/ED'S COMPENSATION IS REVIEWED BY DESIGNATED MEMBERS OF THE BOARD LEADERSHIP, INCLUDING THE ASI PRESIDENT, ASI VICE PRESIDENT, AND BOARD CHAIR. THE RESULTS OF THE COMPENSATION ANALYSIS ARE PRESENTED TO THE BOARD OF DIRECTORS. THE BOARD REVIEWS AND APPROVES THE SALARY STRUCTURE TO ENSURE ALIGNMENT WITH ORGANIZATIONAL OBJECTIVES AND COMPLIANCE WITH APPLICABLE GOVERNANCE STANDARDS. BOARD MEMBERS 223651 SCHOLARSHIPS FINANCIAL ASSISTANCE X 6 300069 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE EXEMPT ORGANIZATION FORM 990 TAX RETURN IS PREPARED BY THE INDEPENDENT ACCOUNTANT AND PRESENTED IN DRAFT FORM, WHERE IT IS REVIEWED BY THE EXECUTIVE DIRECTOR AND THE GOVERNING BOARD. THE TAX RETURN IS NOT FINALIZED UNTIL THE EXECUTIVE DIRECTOR AND THE GOVERNING BOARD HAVE APPROVED IT. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY MUST BE READ AND SIGNED ANNUALLY BY EACH BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 15 ASI CONDUCTS A FORMAL COMPENSATION STUDY EVERY 2 TO 3 YEARS TO ENSURE ITS COMPENSATION STRUCTURE REMAINS COMPETITIVE AND INTERNALLY EQUITABLE. POSITIONS ARE EVALUATED AND WEIGHTED BASED ON JOB RESPONSIBILITIES, SCOPE, AND ORGANIZATIONAL IMPACT, AND A CORRESPONDING SALARY SCALE IS DEVELOPED. COMPENSATION LEVELS ARE BENCHMARKED AGAINST RELEVANT MARKET DATA, INCLUDING NON-PROFIT INDUSTRY STANDARDS AND THE CALIFORNIA STATE UNIVERSITY, FULLERTON (CSUF) SALARY SCALE FOR COMPARABLE POSITIONS. FOR POSITIONS WITHOUT DIRECT CSUF EQUIVALENTS, COMPENSATION IS BASED ON EXTERNAL MARKET DATA. THE AVP/ED'S COMPENSATION IS REVIEWED BY DESIGNATED MEMBERS OF THE BOARD LEADERSHIP, INCLUDING THE ASI PRESIDENT, ASI VICE PRESIDENT, AND BOARD CHAIR. THE RESULTS OF THE COMPENSATION ANALYSIS ARE PRESENTED TO THE BOARD OF DIRECTORS. THE BOARD REVIEWS AND APPROVES THE SALARY STRUCTURE TO ENSURE ALIGNMENT WITH ORGANIZATIONAL OBJECTIVES AND COMPLIANCE WITH APPLICABLE GOVERNANCE STANDARDS. FORM 990, PART VI, SECTION C, LINE 19 ASI'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE ON THE ASI WEBSITE AND UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 1,282,296. MANAGEMENT AND GENERAL EXPENSES 1,856,919. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,139,215. FORM 990, PART XI, LINE 9: PENSION AND POSTRETIREMENT RELATED CHANGES OTHER THAN SERVICE COST -558,901. CALIFORNIA STATE UNIVERSITY FULLERTON 800 N STATE COLLEGE BLVD FULLERTON CA 928346828 330632102 EDUCATIONAL INSTITUTION CA 115 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 CALIFORNIA STATE UNIVERSITY FULLERTON O 85707 COST CALIFORNIA STATE UNIVERSITY FULLERTON P 1167110 COST CALIFORNIA STATE UNIVERSITY FULLERTON S 21605777 COST