Public & Societal Benefit
(W99)
990 on File
CALIFORNIA INDEPENDENT SYSTEM OPERATOR CORPORATION
Financial strength (30%)
79/100
Reliability (20%)
55/100
Effectiveness (25%)
85/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$285.9M
Total Revenue
$292.8M
Total Expenses
$200.7M
Net Assets
788
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
89.3%
Fundraising Efficiency
N/A
Operating Reserve
8.23x
Liability-to-Asset
86.8%
Revenue Diversification
95.2%
Executive Compensation
$13.6M
Compared with Peers
FY 2024
Compared with 15 similar organizations
(United States, Public & Societal Benefit, $100M and over in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
89.3% | 87.6% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
10.8% | 9.8% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
8.2 mo | 10.7 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
86.8% | 75.0% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
95.2% | 95.2% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
4.9% | 7.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
5.4% | 10.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-2.4% | 0.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $285.9M | $292.8M | $200.7M | 89.3% | 788 |
| 2023 | $272.5M | $277.7M | $212.3M | 89.4% | 775 |
| 2022 | $255.7M | $250.9M | $210.9M | 89.1% | 762 |
| 2021 | $249.6M | $229.4M | N/A | — | 811 |
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