San Francisco Bay University Inc
Only 56% goes to programs Strong reserves Growing revenue
San Francisco Bay University Inc is a 501(c)(3) organization based in Fremont, California, registered in 1984, with $18,339,042 in FY2024 revenue. CharityIndex grades it C, and it directs about 56% of spending to programs.
161 Mission Falls Lane, Fremont, CA, 94539 EIN 94-2933165 Since 1984
Revenue (FY2024)
$18.3M
▼ 22.8% vs prior year
Education median: $200K
Expenses (FY2024)
$28.8M
Net assets
$322.2M
Employees
185
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →CProgram efficiency40% of the rating56% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For San Francisco Bay University Inc: 56% to programs earns a C on this criterion. See the exact thresholds →
FFinancial health25% of the rating134 mo reserves · -57% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For San Francisco Bay University Inc: 134 mo reserves · -57% margin earns a F on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For San Francisco Bay University Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For San Francisco Bay University Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
San francisco bay university provides diverse learners with inclusive, innovative, and inspirational education for lifelong personal and career success.
What they do
For bachelors degree students, sfbu offers onsite classes, guest speaker lectures, orientation, career counseling services, library services, field trips, club activities, cultural events and other services to support student education. on june 26, 2020, npu was accredited by the wasc senior college and university commission (wscuc). on december 17, 2020, sfbu's intensive english program was accredited by the commission on english language program accreditation.
Contact & location
- Address
- 161 Mission Falls Lane, Fremont, CA, 94539
- City
- Fremont
- State
- California
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $12.8M (FY2013) to $18.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2.9MNet assets $322.2M
Operating margin
-57.0%
Spent more than it raised in the latest fiscal year.
Total assets
$325.1M
Total liabilities
$2.9M
Net assets
$322.2M
Salaries & benefits
$10.5M
37% of expenses
Board members
9
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $18,339,042▼22.8% | $28,793,044▲87.2% | $322,167,072▲5.7% | $325,051,032▲6.2% | 990 |
| 2023 | $23,746,498▲60.9% | $15,380,846▲35.0% | $304,932,550▲15.9% | $306,152,496▲15.9% | 990 |
| 2022 | $14,754,091▲102% | $11,392,869▲35.8% | $263,103,704▼10.6% | $264,099,503▼10.6% | 990 |
| 2021 | $7,298,553▼65.8% | $8,390,465▲34.9% | $294,382,929▲12.8% | $295,269,122▲12.9% | 990 |
| 2020 | $21,348,587▲103% | $6,221,891▼12.7% | $260,932,736▲9.0% | $261,594,749▲8.9% | 990 |
| 2019 | $10,523,090▲253% | $7,129,023▲12.2% | $239,461,213▲18.4% | $240,259,995▲18.2% | 990 |
| 2018 | $2,979,690▼72.2% | $6,354,603▼16.2% | $202,210,802▼5.6% | $203,196,822▼5.8% | 990 |
| 2017 | $10,714,479▼85.3% | $7,584,033▼60.5% | $214,221,404▲18.4% | $215,724,972▲15.4% | 990 |
| 2016 | $72,809,953▼0.1% | $19,186,674▼0.9% | $180,855,455▲51.9% | $186,985,099▲32.7% | 990 |
| 2015 | $72,891,536▲88.0% | $19,362,455▲82.4% | $119,072,210▲59.5% | $140,903,462▲83.6% | 990 |
| 2014 | $38,776,089▲203% | $10,617,510▲42.3% | $74,675,553▲60.5% | $76,752,301▲56.7% | 990 |
| 2013 | $12,808,198 | $7,462,499▲3.8% | $46,531,434▲14.0% | $48,990,529▲14.7% | 990 |
| 2012 | — | $7,185,874▼2.4% | $40,831,725▲6.2% | $42,704,283▲6.9% | 990 |
| 2011 | — | $7,361,073▲13.3% | $38,463,841▲12.9% | $39,934,265▲7.5% | 990 |
| 2010 | — | $6,494,793 | $34,063,929 | $37,163,851 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Nicholas Ladany — $477,638 (1.66% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Nicholas Ladany | President | 40 | $477,638 |
| Melissa Millora | Executive Vp/coo | 40 | $299,115 |
| Heather Herrera | Vp of Strategy and Innovation | 40 | $287,529 |
| Anne Sutardji | Chief Financial Officer (thru 3/24) | 40 | $272,808 |
| Stephanie Krusemark | Vp of Enrollment Management | 40 | $232,353 |
| Evelia Lopez | Senior Director of Outreach | 40 | $188,992 |
| Brian Kim | General Counsel | 40 | $172,218 |
| Bradley Fuster | Vp Academic Affairs/provost | 40 | $171,967 |
| Peter Maribei | Senior Director of Career Services | 40 | $166,644 |
| Nelly Mangarova | Chief Academic Officer (thru 3/24) | 40 | $165,293 |
| Elton Li | Senior Director of Information Tech | 40 | $162,715 |
| Calvin Yu | Chief Financial Officer (thru 9/24) | 40 | $149,712 |
| Paul Choi | Former Executive Vp/coo | 40 | $117,002 |
| Ann Bishop | Director (thru 7/24) | 1 | — |
| Carlton Brown | Director | 1 | — |
| Cristene Burr | Director | 1 | — |
| David Lopez | Director | 1 | — |
| Ed Alvarez | Director (thru 12/24) | 1 | — |
| Elena Frost | Director | 1 | — |
| Gunjan Patel | Director | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Huron Consulting Services LLC | Professional Consulting Services | $1,700,840 |
| Rw Jones Agency | Advertising and Marketing Services | $982,936 |
| Tondro Consulting LLC | Salesforce Implementation Consulting | $549,612 |
| Clarus Group | Salesforce Implementation Consulting | $182,421 |
| Education Trailblazers LLC | Salesforce Implementation Consulting | $177,748 |
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Frequently asked questions
- Is San Francisco Bay University Inc a legitimate nonprofit?
- Yes. San Francisco Bay University Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 94-2933165, based in Fremont, California. Donations are tax-deductible.
- What is San Francisco Bay University Inc's EIN?
- San Francisco Bay University Inc's Employer Identification Number (EIN) is 94-2933165.
- How much revenue does San Francisco Bay University Inc report?
- San Francisco Bay University Inc reported $18,339,042 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of San Francisco Bay University Inc's spending goes to programs?
- San Francisco Bay University Inc spends about 56% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does San Francisco Bay University Inc have?
- CharityIndex grades San Francisco Bay University Inc C, based on program efficiency and fundraising cost.
- How much does San Francisco Bay University Inc's highest-paid employee make?
- The highest reported compensation on San Francisco Bay University Inc's latest Form 990 is $477,638, paid to Nicholas Ladany (President).
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Data for San Francisco Bay University Inc (EIN 94-2933165) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.