C S B S Education Foundation
Public records raise at least one point you should look into before giving.
What it says it does
THE MISSION OF THE CSBS EDUCATION FOUNDATION IS TO ENHANCE STATE FINANCIAL SUPERVISION, WHICH IS FULFILLED BY PROVIDING: (I) TECHNICAL EXAMINER TRAINING, CONTINUING EXECUTIVE EDUCATION PROGRAMS; (II) AGENCY ACCREDITATION FOR BANK SAFETY AND SOUNDNESS, MORTGAGE, AND MONEY SERVICE BUSINESS SUPERVISION; AND (III) EXAMINER CERTIFICATION FOR MULTIPLE LEVELS OF EXPERTISE AND SPECIALTY AREAS.
- Income
- $4.7 million
- Spending
- $4.8 million
- Spent on programs
- 77%
- Reserves
- 7.3 months of spending
- Largest source of income
- donations and private grants, 51%
- Employees
- 0
- Volunteers
- 16
- Highest pay
- $939,303, president and ceo, secretary
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 76 out of 100. Higher than 50% of charities in its peer group (public benefit, $1m to $10m).
Reserves
28 of 35Spendable reserves would cover 7.3 months of spending.
Debt
10 of 20It owes 37% of what it owns.
Living within its means
8 of 15Spending exceeded income by 1% of income.
Income trend
15 of 15Income rose 17% on the year before.
Spending floor
15 of 1577% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 95 out of 100. Higher than 65% of charities in its peer group (public benefit, $1m to $10m).
Independent board
25 of 2512 of 12 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $2.7 million spent. CONTINUING AND EXECUTIVE EDUCATION: THESE PROGRAMS PROVIDE INDUSTRY, POLICY, AND RISK MANAGEMENT UPDATES FOR MID-LEVEL MANAGERS AND SENIOR EXECUTIVES IN THE STATE REGULATORY AGENCIES.
- $846,374 spent. TECHNICAL TRAINING: THESE ON-SITE AND ONLINE PROGRAMS PREPARE EXAMINERS OF BANKS, TRUST DEPARTMENTS, MORTGAGE COMPANIES, AND MONEY SERVICES BUSINESSES IN THE DETAILED PROCESS OF ON-SITE EXAMINATION AND OFF-SITE MONITORING OF THESE DEPOSITORY AND NON-DEPOSITORY FINANCIAL INSTITUTIONS. ADDITIONALLY, EACH YEAR, THE CSBS EDUCATION FOUNDATION AWARDS SCHOLARSHIPS TO BANK AND TRUST EXAMINERS THAT ARE ENROLLED IN GRADUATE SCHOOLS OF BANKING OR TRUST. THESE AWARDS ARE PARTIALLY FUNDED BY EARNINGS FROM THE PERMANENTLY RESTRICTED SAMUEL WEINROTT MEMORIAL SCHOLARSHIP FUND.
- $148,537 spent. AGENCY ACCREDITATION PROGRAM: THE ACCREDITATION PROGRAM PROVIDES A COMPREHENSIVE REVIEW OF THE CRITICAL ELEMENTS OF A STATE REGULATORY AGENCY. THE PROGRAM ASSESSES A REGULATORY AGENCY'S ABILITY TO DISCHARGE ITS RESPONSIBILITIES THROUGH AN INVESTIGATION OF ITS ADMINISTRATION AND FINANCES, PERSONNEL POLICIES, TRAINING PROGRAMS, EXAMINATION POLICIES, SUPERVISORY PROCEDURES, AND STATUTORY POWERS. IN ESTABLISHING STANDARDS FOR STATE BANKING DEPARTMENTS, MORTGAGE, AND MONEY SERVICES BUSINESSES REGULATORY AGENCIES, THE CSBS EDUCATION FOUNDATION IS SUPPORTING PUBLIC INTEREST GOALS BY IDENTIFYING HIGHLY COMPETENT STATE BANKING, MORTGAGE, AND MONEY SERVICES BUSINESSES REGULATORY AGENCIES AND STRENGTHENING THE CAPABILITIES OF ALL DEPARTMENTS AND AGENCIES.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 1984.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Caution.
California's Attorney General lists its registration as revoked as of December 31, 1990. Organizations on this list may not solicit donations in California.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.