CSI (EIN 53-0242938), a 501(c)(6) professional association, has operated with recurring operating deficits since approximately FY 2021-22. These deficits have been covered by board-authorized transfers from prior-year reserves and investment gains. Net assets have declined substantially from a peak of approximately $13.8 million (FY 2021, after significant asset sales) to roughly $2.6–3.0 million by the end of FY 2025.
The organization continues to state an “overall positive financial outlook” in its annual reports while describing the deficits as planned investments in strategic programs. Under a simple burn-rate projection using the most recent data, net assets in cash could be exhausted in approximately 1.0–1.5 years if current deficit levels persist without offsetting revenue growth or expense reductions, i.e., potential exhaustion of net cash assets by late 2026 to mid-2027 if deficits continue on current trend, resulting in cash basis insolvency.
Analysis is assisted by GrokAI and source data is limited exclusively to the CSI Annual Reports for the fiscal years ending June 30, 2020 through June 30, 2025 (and publicly available Form 990 data aligned with those reports). No other financial statements were used.