Advance financial education and improve financial literacy of the public.

501(c)(3) charity; gifts are tax-deductible.
99¢ of each $1 spent went to programs.
Run by 141 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average deficit $318K a year · 60% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
<1 mo
of spending, in cash
Plus $3.3M in investments, Pt X · Ln 11–13
Fine: 0.9 months of spending in cash, plus $3.3M in investments.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $234K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$2.8M
80% of total assets
Worth a look: liabilities are 80% of assets; over 65%.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$525K
+32% vs prior year
Spent
$1.5M
To programs
99%
Net assets
$700K
By yearFY2020–FY2025
Revenue
$525K
FY2025▲ +32%
Tap a bar for its year
Revenue by fiscal year
FY2020$591K
FY2021$494K
FY2022$680K
FY2023$509K
FY2024$398K
FY2025$525K
Expenses
$1.5M
FY2025▲ +34%
Tap a bar for its year
Expenses by fiscal year
FY2020$548K
FY2021$350K
FY2022$467K
FY2023$1.2M
FY2024$1.1M
FY2025$1.5M
Net assets
$700K
FY2025▼ -54%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.2M
FY2021$2.9M
FY2022$2.8M
FY2023$2.1M
FY2024$1.5M
FY2025$700K

From the FY2025 Form 990 (year ending April 2025) · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2004.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

99 cents of each dollar spent went to programs.

Program services 99% · $1.5M Management & general 1% · $8K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

23 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President and CEO
$0Pt VII · Sec A
VP and CFO of Financial Strategy and Business Excellence
$0Pt VII · Sec A
Senior Director-De&i, Pipeline and Engagement
$0Pt VII · Sec A
Past Chair (immediate) Through 7-2024
$0Pt VII · Sec A
Past Chair (immediate)
$0Pt VII · Sec A
$0Pt VII · Sec A
First Vice Chair
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A

John Angelo’s $46K as Executive Director - Through 07-30-2019 is at the 37th percentile of top reported officer pay among 1613 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

See Calcpa Institute executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Teaches people about money and improves their financial knowledge.

Questions for Calcpa Institute

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Your first name shows with your question. Calcpa Institute answers here, for everyone.

Provided by the organization

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3 programs · $1.5M · in their own filed words · FY2024
01

Student Outreach

At the highschool level, calcpa sponsors deca and future business leaders of america events to help inspire next generation to pursue careers in accounting. From community college to cpa is a program offered on community college campuses and virtually across the state that aids students in the transition from a two year college and help…

$817Kprogram expense
02

Scholarships

Calcpa institute awards scholarships to hundreds of students throughout california at all two and four-year universities. These recipients are majoring in accounting, business, entrepenurship, information systems, economics, etc. And have the intention to go into an accounting-related career.

$589Kprogram expense
03

Calcpa leadership institute is a 5-DAY program designed to teach calcpa members skills that will make them better leaders and managers. Participants grow as volunteer and business leaders as they focus on improving leadership behavior, as well as critical thinking and management skills.

$49Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$234K
Grants paid · 24 grants · $2.0M · 2019–2024
Unitemized GrantFY2024$456,081
Unitemized GrantFY2024$55,300
Unitemized GrantFY2023$182,045
Unitemized GrantFY2023$50,400
Unitemized GrantFY2022$289,750
Unitemized GrantFY2022$54,400
Cabrillo College FoundationCA · FY2022$5,600
Unitemized GrantFY2021$208,500
Unitemized GrantFY2021$42,900
Unitemized GrantFY2020$210,000
Unitemized GrantFY2020$43,500
See all 24 grants →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$525K
Ln 12
Gifts and grantsLn 1h$357K
Investment incomeLn 3$153K
Fees for servicesLn 2g$15K
Money outPt IX
$1.5M
Ln 25
Programscol B$1.5M
Managementcol C$8K
Owns and owesPt X
$700K
net assets · Ln 32
Cash and savingsLn 1–2$115K
Total assetsLn 16$3.5M
LiabilitiesLn 26$2.8M
PeoplePt VI, VII
23
listed · VII A
PaidVII A0
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$357K
Government grantsLn 1e$0
Noncash giftsLn 1g$10K
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$15K
Investment incomeLn 3$153K
Gains on assetsLn 7$32K
Total revenueLn 12$525K
Assets in detailPt X, end of year
CashLn 1$115K
Cash and savings togetherLn 1–2$115K
InvestmentsLn 11–13$3.3M
Total assetsLn 16$3.5M
LiabilitiesLn 26$2.8M
Net assetsLn 32$700K
OperationsPt I, VI
EmployeesI 50
VolunteersI 6141
Fiscal year endsHeaderApril
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$276K$115K
InvestmentsLn 11–13$3.1M$3.3M
Total assetsLn 16$3.4M$3.5M
LiabilitiesLn 26$1.9M$2.8M
Net assetsLn 32$1.5M$700K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$33K$33K
Grants to domestic individualsLn 2$511K$511K
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$0$0$0$0
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$486K$486K$0$0
Pension plan contributionsLn 8$27K$27K$0$0
Other employee benefitsLn 9$72K$72K$0$0
Payroll taxesLn 10$35K$35K$0$0
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$0$0$0$0
Accounting feesLn 11c$0$0$0$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$8K$0$8K$0
Other fees for servicesLn 11g$63K$63K$0$0
Advertising and promotionLn 12$15K$15K$0$0
Office expensesLn 13$28K$28K$0$0
Information technologyLn 14$0$0$0$0
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$0$0$0$0
TravelLn 17$46K$46K$0$0
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$138K$138K$0$0
InterestLn 20$0$0$0$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$0$0$0$0
InsuranceLn 23$0$0$0$0
All other expensesLn 24e$0$0$0$0
Total functional expensesLn 25$1.5M$1.5M$8K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $525K$1.5M−$938K$700K 990 PDF
FY2024 $398K$1.1M−$697K$1.5M 990 PDF
FY2023 $509K$1.2M−$672K$2.1M 990 PDF
FY2022 $680K$467K$213K$2.8M 990 PDF
FY2021 $494K$350K$144K$2.9M 990 PDF
FY2020 $591K$548K$44K$2.2M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $524,562 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $315,292$356,961
I-9 Program service revenuePrior year $7,626$14,833
I-10 Investment incomePrior year $74,189$152,768
I-11 Other revenuePrior year $920$0
I-12 Total revenuePrior year $398,027$524,562
I-13 Grants and similar amounts paidPrior year $263,445$544,063
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $569,023$620,435
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $262,363$298,222
I-18 Total expensesPrior year $1,094,831$1,462,720
I-19 Revenue less expensesPrior year −$696,804−$938,158
Part VI · Governance 15 of 15 board members independent, no flags
VI-1a Voting members of the governing body15
VI-1b Independent voting members15
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $524,562 across 13 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$227,746
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$129,215
VIII-1g Noncash contributions (included above)$10,423
VIII-1h Total contributions, gifts and grants$356,961
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $14,833 · Unrelated business $0 · Excluded from tax $0$14,833
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $120,584$120,584
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $32,184$32,184
VIII-12 Total revenueRelated to mission $14,833 · Unrelated business $0 · Excluded from tax $152,768$524,562
Part IX · Statement of functional expenses $1,462,720 across 30 lines filed
IX-1 Grants to domestic organizationsPrograms $32,682$32,682
IX-2 Grants to domestic individualsPrograms $511,381$511,381
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $0 · Fundraising $0$0
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $486,429 · Management $0 · Fundraising $0$486,429
IX-8 Pension plan contributionsPrograms $27,346 · Management $0 · Fundraising $0$27,346
IX-9 Other employee benefitsPrograms $71,823 · Management $0 · Fundraising $0$71,823
IX-10 Payroll taxesPrograms $34,837 · Management $0 · Fundraising $0$34,837
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11c Accounting feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $8,136 · Fundraising $0$8,136
IX-11g Other fees for servicesPrograms $63,096 · Management $0 · Fundraising $0$63,096
IX-12 Advertising and promotionPrograms $14,532 · Management $0 · Fundraising $0$14,532
IX-13 Office expensesPrograms $28,414 · Management $0 · Fundraising $0$28,414
IX-14 Information technologyPrograms $0 · Management $0 · Fundraising $0$0
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $0 · Management $0 · Fundraising $0$0
IX-17 TravelPrograms $45,947 · Management $0 · Fundraising $0$45,947
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $138,097 · Management $0 · Fundraising $0$138,097
IX-20 InterestPrograms $0 · Management $0 · Fundraising $0$0
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $0 · Fundraising $0$0
IX-23 InsurancePrograms $0 · Management $0 · Fundraising $0$0
IX-24e All other expensesPrograms $0 · Management $0 · Fundraising $0$0
IX-25 Total functional expensesPrograms $1,454,584 · Management $8,136 · Fundraising $0$1,462,720
Part X · Balance sheet $3,485,241 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $275,844$114,541
X-4 Accounts receivableStart of year $38,607$30,080
X-9 Prepaid expenses and deferred chargesStart of year $7,457$495
X-11 Publicly traded securitiesStart of year $3,068,115$3,340,125
X-16 Total assetsStart of year $3,390,023$3,485,241
X-17 Accounts payable and accrued expensesStart of year $103,339$73,755
X-25 Other liabilitiesStart of year $1,757,488$2,711,138
X-26 Total liabilitiesStart of year $1,880,586$2,784,893
X-27 Net assets without donor restrictionsStart of year $1,509,437$700,348
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $1,509,437$700,348
X-33 Total liabilities and net assetsStart of year $3,390,023$3,485,241
Part XI · Reconciliation of net assets $700,348 net assets at year end
XI-1 Total revenue$524,562
XI-2 Total expenses$1,462,720
XI-3 Revenue less expenses−$938,158
XI-4 Net assets at start of year$1,509,437
XI-5 Net unrealized gains (losses) on investments$129,069
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$700,348

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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