Simpson University FY2023 filing

Tax-deductible

Redding, CA501(c)(3)Since 1955Colleges & UniversitiesEIN 94-1339635

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Developing each student in mind, faith, and character for a life-time of meaningful work and service.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
$737K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2023 · 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 surplus $2.5M a year · 6% 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
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$737K
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
9
named funders · $1.1M
Looks good: 9 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$31.9M
61% of total assets
Fine: liabilities are 61% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
21
of 21 voting members
Looks good: 21 of 21 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$37.2M
-14% vs prior year
Spent
$38.0M
To programs
85%
Net assets
$20.1M
By yearFY2020–FY2025
Revenue
$37.2M
FY2023▼ -14%
Revenue by fiscal year
FY2020$31.0M
FY2021$42.8M
FY2022$43.5M
FY2023$37.2M
FY2024$38.7M
FY2025$43.5M
Expenses
$38.0M
FY2023▲ +3%
Expenses by fiscal year
FY2020$31.5M
FY2021$32.3M
FY2022$37.0M
FY2023$38.0M
FY2024$39.7M
FY2025$43.1M
Net assets
$20.1M
FY2023▼ -5%
Net assets by fiscal year
FY2020$5.4M
FY2021$15.8M
FY2022$21.2M
FY2023$20.1M
FY2024$19.4M
FY2025$20.1M

From the FY2023 Form 990 (year ending April 2023) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1953.

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

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $32.2M Management & general 13% · $4.9M Fundraising 2% · $843K

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

30 people listed on the 990; $737K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$137,580Pt VII · Sec A
Dean of Nursing
$126,540Pt VII · Sec A
$122,817Pt VII · Sec A
Chief Financial Officer
$119,773Pt VII · Sec A
Chief Operations Officer
$117,646Pt VII · Sec A
Dean of Advancement
$112,337Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Dr Norman D Hall’s $150K as President is at the 15th percentile of top reported officer pay among 3683 $10–100M 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.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Dr Norman D Hall—$153,521$137,580$134,721$124,902—
Dr Norman D Hall$149,614—————
Lisa Scott$142,936—————
Dale Simmons—$115,761$122,817$122,635$127,461—
Misty Smith——$126,540$105,533$114,133—
Timothy N Dietz$123,947—————
Robert Quirk—$116,662$117,646$116,190$123,428—
Mr Robert Quirk—————$122,989

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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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

Nurturing students' minds, faith, and character for lifelong work and service.

Provided by the organization

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1 program service account for $32.2M of program spending, described in the organization's own filed words · FY2022.
01

Simpson University is an institution of higher learning offering liberal arts and professional studies degrees and a graduate school. The University served approximately 920 traditional undergraduate students and 280 other education and graduate level students.

$32.2Mprogram expense

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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
See all 9 funders →
Grants paid · 10 grants · $69.2M · 2019–2024
Unitemized GrantFY2024$13,859,932
Unitemized GrantFY2023$12,493,782
Unitemized GrantFY2023$81,294
Unitemized GrantFY2022$11,120,945
Unitemized GrantFY2022$57,827
Unitemized GrantFY2021$10,178,618
Unitemized GrantFY2021$1,545,736
Unitemized GrantFY2020$9,692,761
Unitemized GrantFY2020$565,672
Unitemized GrantFY2019$9,600,311

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$37.2M
Ln 12
Fees for servicesLn 2g$28.9M
Gifts and grantsLn 1h$6.9M
Other incomeLn 4–11$820K
Money outPt IX
$38.0M
Ln 25
Programscol B$32.2M
Managementcol C$4.9M
Fundraisingcol D$843K
Owns and owesPt X
$20.1M
net assets · Ln 32
Cash and savingsLn 1–2$7.7M
Total assetsLn 16$52.0M
LiabilitiesLn 26$31.9M
PeoplePt VI, VII
30
listed · VII A
PaidVII A6
Voting boardVI 1a21
IndependentVI 1b21
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6.9M
Government grantsLn 1e$2.7M
Noncash giftsLn 1g$1.6M
Fundraising eventsLn 1c$31K
Fees for servicesLn 2g$28.9M
Investment incomeLn 3$577K
Other incomeLn 4–11$820K
Gains on assetsLn 7$163K
Total revenueLn 12$37.2M
Assets in detailPt X, end of year
CashLn 1$1.7M
SavingsLn 2$6.0M
Cash and savings togetherLn 1–2$7.7M
InvestmentsLn 11–13$8.8M
Land, buildings, equipmentLn 10c$30.1M
Other assetsLn 15$1.8M
Total assetsLn 16$52.0M
LiabilitiesLn 26$31.9M
Net assetsLn 32$20.1M
OperationsPt I, VI
EmployeesI 5676
VolunteersI 640
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 FY23End FY23
Cash and savingsLn 1–2$9.7M$7.7M
InvestmentsLn 11–13$7.4M$8.8M
Land, buildings, equipmentLn 10c$28.6M$30.1M
Total assetsLn 16$52.4M$52.0M
LiabilitiesLn 26$31.2M$31.9M
Net assetsLn 32$21.2M$20.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$11.2M$11.2M
Pay of current officers, directors and key staffLn 5$591K$591K
Pay of disqualified personsLn 6$5K$5K
Other salaries and wagesLn 7$10.3M$8.3M$1.6M$386K
Other employee benefitsLn 9$1.2M$993K$189K$46K
Payroll taxesLn 10$685K$553K$105K$26K
Legal feesLn 11b$74K$16K$57K$764
Accounting feesLn 11c$219K$219K
Investment management feesLn 11f$100K$100K
Other fees for servicesLn 11g$964K$315K$582K$67K
Advertising and promotionLn 12$1.0M$848K$154K$18K
Office expensesLn 13$712K$565K$122K$26K
Information technologyLn 14$400K$324K$62K$15K
OccupancyLn 16$2.9M$2.7M$134K$28K
TravelLn 17$1.5M$1.2M$232K$55K
InterestLn 20$1.8M$1.4M$270K$66K
Depreciation, depletion and amortizationLn 22$1.2M$956K$182K$45K
InsuranceLn 23$360K$291K$55K$14K
Other expenses (24a–d)Ln 24$2.6M$2.3M$207K$47K
All other expensesLn 24e$340K$318K$18K$4K
Total functional expensesLn 25$38.0M$32.2M$4.9M$843K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $43.5M$43.1M$417K$20.1M 990 PDF
FY2024 $38.7M$39.7M−$1.0M$19.4M 990 PDF
FY2023 Viewing $37.2M$38.0M−$798K$20.1M 990 PDF
FY2022 $43.5M$37.0M$6.4M$21.2M 990 PDF
FY2021 $42.8M$32.3M$10.5M$15.8M 990 PDF
FY2020 $31.0M$31.5M−$486K$5.4M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $37,186,571 across 12 lines filed
Lines not itemized here account for $1,621,631 of total revenue; see the IRS return.
VIII-1c Fundraising events$31,456
VIII-1e Government grants$2,699,138
VIII-1f All other contributions, gifts and grants$4,131,662
VIII-1g Noncash contributions (included above)$1,641,786
VIII-1h Total contributions, gifts and grants$6,862,256
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $27,314,352$27,314,352
VIII-3 Investment incomeExcluded from tax $405,763$405,763
VIII-6 Net rental income or lossExcluded from tax $448,663$448,663
VIII-7 Net gain or loss on sales of assetsExcluded from tax $162,888$162,888
VIII-8 Net income from fundraising eventsExcluded from tax −$11,810−$11,810
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $382,828$382,828
VIII-12 Total revenueRelated to mission $28,927,822 · Unrelated business $0 · Excluded from tax $1,396,493$37,186,571
Part IX · Statement of functional expenses $37,984,762 across 20 lines filed
IX-2 Grants to domestic individualsPrograms $11,178,772$11,178,772
IX-5 Pay of current officers, directors and key staffManagement $591,199$591,199
IX-6 Pay of disqualified personsManagement $4,549$4,549
IX-7 Other salaries and wagesPrograms $8,273,222 · Management $1,606,727 · Fundraising $386,079$10,266,028
IX-9 Other employee benefitsPrograms $993,472 · Management $189,311 · Fundraising $46,367$1,229,150
IX-10 Payroll taxesPrograms $553,308 · Management $105,436 · Fundraising $25,824$684,568
IX-11b Legal feesPrograms $16,367 · Management $56,565 · Fundraising $764$73,696
IX-11c Accounting feesManagement $218,940$218,940
IX-11f Investment management feesManagement $100,413$100,413
IX-11g Other fees for servicesPrograms $315,213 · Management $582,300 · Fundraising $66,970$964,483
IX-12 Advertising and promotionPrograms $847,943 · Management $154,240 · Fundraising $17,782$1,019,965
IX-13 Office expensesPrograms $564,519 · Management $122,022 · Fundraising $25,782$712,323
IX-14 Information technologyPrograms $323,566 · Management $61,657 · Fundraising $15,101$400,324
IX-16 OccupancyPrograms $2,693,519 · Management $133,721 · Fundraising $27,548$2,854,788
IX-17 TravelPrograms $1,181,268 · Management $232,203 · Fundraising $55,131$1,468,602
IX-20 InterestPrograms $1,418,530 · Management $270,308 · Fundraising $66,205$1,755,043
IX-22 Depreciation, depletion and amortizationPrograms $955,869 · Management $182,146 · Fundraising $44,612$1,182,627
IX-23 InsurancePrograms $290,906 · Management $55,434 · Fundraising $13,577$359,917
IX-24 Other expenses (24a–d)Programs $2,325,067 · Management $206,828 · Fundraising $47,125$2,579,020
IX-24e All other expensesPrograms $318,196 · Management $17,800 · Fundraising $4,359$340,355
IX-25 Total functional expensesPrograms $32,249,737 · Management $4,891,799 · Fundraising $843,226$37,984,762
Part X · Balance sheet $52,041,923 assets, 20 lines filed
Asset lines not itemized here account for $75,644; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $5,551,577$1,696,966
X-2 Savings and temporary cash investmentsStart of year $4,111,817$6,049,005
X-3 Pledges and grants receivableStart of year $4,661,735$3,204,881
X-4 Accounts receivableStart of year $528,542$162,239
X-8 Inventories for sale or useStart of year $24,210$24,210
X-9 Prepaid expenses and deferred chargesStart of year $104,115$100,799
X-10c Land, buildings and equipment, netStart of year $28,575,776$30,149,589
X-11 Publicly traded securitiesStart of year $6,699,228$6,468,181
X-12 Other securitiesStart of year $725,836$2,320,048
X-15 Other assetsStart of year $1,339,947$1,790,361
X-16 Total assetsStart of year $52,447,499$52,041,923
X-17 Accounts payable and accrued expensesStart of year $1,256,909$1,380,143
X-20 Tax-exempt bond liabilitiesStart of year $28,937,862$28,957,527
X-24 Unsecured notes and loans payableStart of year $551,000$496,000
X-25 Other liabilitiesStart of year $573,651$1,089,510
X-26 Total liabilitiesStart of year $31,220,621$31,923,180
X-27 Net assets without donor restrictionsStart of year $9,335,574$8,651,022
X-28 Net assets with donor restrictionsStart of year $11,891,304$11,467,721
X-32 Total net assets or fund balancesStart of year $21,226,878$20,118,743
X-33 Total liabilities and net assetsStart of year $52,447,499$52,041,923
Part XI · Reconciliation of net assets $20,118,743 net assets at year end
XI-1 Total revenue$37,186,571
XI-2 Total expenses$37,984,762
XI-3 Revenue less expenses−$798,191
XI-4 Net assets at start of year$21,226,878
XI-5 Net unrealized gains (losses) on investments−$309,944
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$20,118,743

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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