Charity Impact Media

Home › Education

Forty-Niner Shops

Also known as Beach Shops

Long Beach, CA · EIN 95-1782943 · 501(c)(3) · Supporting organization (509(a)(3))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Forty-Niner Shops reported $24.9 million in revenue and $21.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $78.48 went to program services, $21.52 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 7.5% of the total. The highest compensation it reported for one person was $445,336 (CHAIR). 14 people received more than $100,000 in reportable compensation. Revenue rose 42% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $21M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $25M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
78.5%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
21.5%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.0%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
7.5%69.9%
Highest reported compensation
Part VII-A, columns D–F
$445,336$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.09%1.28%
People paid over $100,000
Part VII, line 2
148
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
9.413.3
Independent voting board members
Part VI 1a–1b
5 of 10100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$7.2M expenses · 43.3% of program spending · grants $119K · revenue $12M

Residential dining: beach shops operates two on-campus residential dining halls, parkside & hillside, and one off-campus beachside dining hall located just a few miles from csulb. Each facility has similar menus that are based on a 5-week cycle and are complimented with an "all-you-care-to-eat" hot-food bar, deli and salad bar, fresh fruit, soups, and desserts

$5.0M expenses · 29.9% of program spending · revenue $7.6M

University bookstore: where students can purchase school supplies, logo apparel, computers, course supplies and textbooks. Art store; where students can find everything they need for academic art projects including: photography, painting, drawing, ceramics, print making, and general books

$3.2M expenses · 19.0% of program spending · revenue $1.9M

Retail dining: retail restaurants on campus that provide a wide variety of cuisines and beverage choices including: the nugget grill & pub, outpost grill, & caffeine lab

$1.3M all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CHAIR
Director/trustee, officer, 2.00 hrs/week
$0$310,854$134,482$445,336
VICE CHAIR
Director/trustee, officer, 2.00 hrs/week
$0$303,993$121,521$425,514
BOARD MEMBER
Director/trustee, 2.00 hrs/week
$0$238,965$75,414$314,379
BOARD MEMBER
Director/trustee, 2.00 hrs/week
$0$161,583$72,230$233,813
ASSOCIATE EXECUTIVE DIRECTOR
Highest compensated employee, 20.00 hrs/week
$182,527$0$35,903$218,430
CHIEF HUMAN RESOURCES OFFICER
Officer, 20.00 hrs/week
$181,597$0$36,685$218,282
FORMER CFO
Former, 0.00 hrs/week
$181,495$0$35,971$217,466
CHIEF BUSINESS OFFICER
Key employee, 40.00 hrs/week
$159,764$0$34,342$194,106

14 people received more than $100,000 in reportable compensation from Forty-Niner Shops (Part VII, line 2). Compensation of current officers, directors and key employees totaled $472K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$25M$21M78.5%$17M$445,336
FY2024 ⓘ$22M$19M82.7%$16M$400,943
FY2023 ⓘ$19M$18M83.2%$13M$384,882
FY2022 ⓘ$19M$17M73.8%$17M$372,785
FY2021 ⓘ$8.5M$11M72.5%$12M$357,099
FY2020 ⓘ$18M$20M78.8%$12M$332,316

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b10 · 5 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5721

Correct a figure or respond

Every number above is copied from Forty-Niner Shops's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Forty-Niner Shops, you can publish a response that is linked from this page.

Questions people ask

How much of Forty-Niner Shops's spending goes to programs?

In the fiscal year ending June 30, 2025, Forty-Niner Shops reported that 78.5% of its $21.3 million in expenses went to program services, 21.5% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Forty-Niner Shops pay its top executive?

The largest total compensation Forty-Niner Shops reported for one person in the fiscal year ending June 30, 2025 was $445,336, for the role of CHAIR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Forty-Niner Shops get its money?

Of $24.9 million in revenue in the fiscal year ending June 30, 2025, 0.0% came from contributions and grants and 7.5% from program service revenue (Form 990, Part VIII).

Is Forty-Niner Shops a registered charity?

The IRS lists EIN 95-1782943 as a 501(c)(3) organization (supporting organization (509(a)(3))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202513099349301831 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202443119349301049 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202322979349300847 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202223069349302252 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202113169349312911 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202023179349306972 · read the filing

All filings for EIN 95-1782943: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.