2021-03-11T14:47:59-06:00 2020-04-30 363990892 Capin Crouse LLP 3050 Saturn Street Suite 104 Brea CA 92821 990 2019-05-01 941339635 Simpson University SIMP 5302245600 2211 College View Drive Redding CA 96003 Timothy N Dietz CFO 5302245600 2021-03-11 1 Ted R Batson Jr P00721951 7145770988 2019 2022-09-23 18:48:47Z Dr Norman Hall 2211 College View Drive Redding CA 96003 31005218 0 X SimpsonU.edu X 1955 CA Developing each student in mind, faith, and character for a life-time of meaningful work and service. 19 19 676 40 0 0 4430393 5202088 22647441 25802884 6434 246 677251 0 27761519 31005218 7862911 9600311 0 0 11801160 11457603 0 0 1450559 9359525 10433620 29023596 31491534 -1262077 -486316 22700927 29703117 22069446 24333373 631481 5369744 Simpson University is a Christ-centered learning community committed to developing each student in mind, faith, and character for a life-time of meaningful work and service in a constantly changing world. 0 0 26118707 9600311 25802884 Simpson University is an institution of higher learning offering liberal arts and professional studies degrees and a graduate school. The University served approximately 583 traditional undergraduate students and 275 other education and graduate level students. 26118707 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 1 1 0 0 1 1575 0 1 676 1 0 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK CA CO FL MD SC OR WA X Timothy N Dietz 5302245600 2211 College View Drive Redding CA 96003 X Dr Norman Hall President 39.00 1.00 X 119305 0 109357 Mr Robert Quirk Chief Operations Officer 39.00 1.00 X 122989 0 34618 Mr Timothy N Dietz Chief Financial Officer 39.00 1.00 X 91807 0 20117 Mr Ken White part year Chief Operations Officer 1.00 39.00 X 36284 0 28429 Dr James M Postma Chair of the Board of Trustees 1.00 1.00 X X 0 0 0 Dr Jo Anne C Cripe Vice Chair of the Board of Trustees 1.00 1.00 X X 0 0 0 Dr Betty M Dean Vice Chair of the Board of Trustees 1.00 X X 0 0 0 Mr Mike C Fitzpatrick Secretary of the Board of Trustees 1.00 X X 0 0 0 Mrs Julie K Irving Trustee 1.00 1.00 X 0 0 0 Mr Alan Burchett Trustee 1.00 1.00 X 0 0 0 Mr William H Carlson Trustee 1.00 X 0 0 0 Dr Gary D Friesen Trustee 1.00 X 0 0 0 Mr Raymond L Homan Trustee 1.00 X 0 0 0 Mr Harold W Kimball Trustee 1.00 X 0 0 0 Rev William W Malick Trustee 1.00 X 0 0 0 Mr Mark Matheson Trustee 1.00 X 0 0 0 Dr Thomas J Perry Trustee 1.00 X 0 0 0 Mr Norman F Reinhdart Trustee 1.00 X 0 0 0 Mr David S Richey Trustee 1.00 X 0 0 0 Rev Dennis Pust Trustee 1.00 X 0 0 0 Mrs Patty A Taylor Trustee 1.00 X 0 0 0 Mr Lue Thao Trustee 1.00 X 0 0 0 Rev Dr J Wayne Spriggs Trustee 1.00 X 0 0 0 Dr Raymond Reid part year Trustee 1.00 1.00 X 0 0 0 Rev Randy Shaw part year Trustee 1.00 X 0 0 0 Rev Ray Van Gilst part year Trustee 1.00 X 0 0 0 370385 0 192521 2 0 1 0 0 2078836 2250716 872536 396624 5202088 Tuition and fees 611710 21801754 21801754 Residence Housing 611710 2747776 2747776 Conferences 611710 382334 382334 871020 871020 25802884 246 246 31005218 25802884 0 246 9600311 9600311 560634 560634 3061 3061 8914604 6893618 1312807 708179 1193903 950124 158500 85279 785401 604492 117623 63286 24578 24578 16343 16343 23442 23442 1388491 569237 736141 83113 519922 407981 72782 39159 401285 308702 59431 33152 129764 97227 21155 11382 1797710 1644636 103851 49223 1047045 882154 107209 57682 1049315 786209 171066 92040 847164 634746 138110 74308 302990 227018 49395 26577 Equip. Rent & Main. 1190401 898231 189963 102207 Instructional supplies 1181251 1119337 43671 18243 Bad debt 410773 410773 Staff training 103146 83911 12506 6729 31491534 26118707 3922268 1450559 2043724 321186 537588 320108 15940 330180 100068 695604 384566 9263 144583 42706890 16911080 20589140 25795810 635047 444709 36528 22700927 29703117 896808 1236465 60380 64982 20124654 19567419 380000 2361800 607604 1102707 22069446 24333373 X 108012 5369744 523469 0 631481 5369744 22700927 29703117 -486316 5224579 0 X 0 1 X 1 1 1 X 1511358 1240207 1830423 4430393 5202088 14214469 1511358 1240207 1830423 4430393 5202088 14214469 14214469 668558 523389 513637 645294 246 2351124 25452 19028 36131 49441 130052 16695645 114623378 0.85140 X Schedule A, Part II, Line 10, Explanation of Other Income: Gross Fundraising event fees - 2017 Amount: $ 19,350. 2018 Amount: $ 34,200. Other Income - 2015 Amount: $ 25,452. 2016 Amount: $ 19,028. 2017 Amount: $ 16,781. 2018 Amount: $ 15,241. Part II The organization is a school as described under 170(b)(1)(A)(ii) and is not required to complete a public support schedule. Schedule A, Part II is completed to verify the School can qualify under public charity status section 170(b)(1)(A)(vi) and qualifies to use the first listed special rule for Schedule B reporting. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 23442 23442 0 Part II-B, Line 1: Pay dues for memberships to Higher Education lobbying groups. 7649301 40846 -19475 1680219 5990453 7400106 99629 416109 266543 7649301 7206577 118227 328316 253014 7400106 6539894 242463 561965 137745 7206577 6493269 406732 -137116 222991 6539894 0.05860 0.94140 0 1 1 622289 622289 33471012 11425960 22045052 4746533 2771346 1975187 3867056 2713774 1153282 25795810 Interfund payable 1098403 Annuity and trust obligations 4304 1102707 Part V, Line 4: To fund student scholarships. Form 990, Schedule D, Part V, Lines 2a-2c: In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its audited financial statements for the period ended 04/30/2020. To date, Schedule D has not been updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the audited financial statements as follows on Form 990, Schedule D, Part V, Lines 2a-2c: Line 2a - Without donor restrictions Line 2b - With donor restrictions 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The organization currently enrolls students of racial minority groups in meaningful numbers consistent with the publicity exception found in Rev. Proc. 75-50 section 4.03(2)(b). Schedule E, Part I, Line 6 The University receives federal assistance to award financial aid to eligible students. 1 Scholarships 567 9600311 Part I, Line 2: Simpson University awards financial aid grants to students in accordance with the University's institutional financial aid policies. All scholarships are awarded to current students of the institution, thus enabling the institution to track their academic performance and use of all scholarship funds. Scholarships funds are directly applied to the student accounts, with no cash changing hands. X 1 1 X X 0 0 0 0 0 0 0 0 0 Dr Norman Hall President 118615 0 0 0 690 0 12347 0 97700 0 229352 0 0 0 Mr Robert Quirk Chief Operations Officer 119805 0 0 0 3184 0 0 0 37802 0 160791 0 0 0 Part I, Line 1a Dr. Norman D. Hall, President, received a ministerial housing allowance during the reporting period. Pursuant to Internal Revenue Code Section 107, ministerial housing allowances are provided for qualifying ministerial employees. This is not included in taxable compensation. Mr. Timothy Dietz, CFO, received a residence for personal use as a condition of his employment. This benefit was not included in Mr. Dietz's taxable compensation. 31180 Tuition Assistance Discounted tuition X Bldg materials 1 396624 Invoice value 0 0 1 0 Part I, Column (b): The number of contributions represent the number of contributions received, not the number of items donated. Form 990 Part VI, Line 1a The Executive Committee shall be composed of the Board Chair (who shall chair the committee meetings), all former Board Chairs, the current Vice Chair(s), the Board Secretary, the Board Committee Chairs and a District Superintendent designated by the Board Chair. The primary responsibilities of this committee are to: (1)Establish, monitor and evaluate all responsibilities and activities of the Board. (2)Ensure that all Board actions are consistent with the University's Strategic Plan, the University's By-Laws and the Board's Policy Manual. (3 Review and recommend policies and procedures applicable to relationships between the Board, the University President and Staff. (4)Conduct the annual evaluation of the President and rate his or her performance, establishing performance objectives for the upcoming year. (5)Serve, along with the Board Chair, as the selection committee making recommendations to the full Board for Presidential appointments during transitions in institutional leadership. (6)Draft and authorize the Chair to execute contracts of employment between the University and its President, and, when appropriate, President's spouse, reporting back to the full board on any such actions taken (7) Annually review compensation and benefits for all Simpson University Executive Staff members that they are just and reasonable in comparison with available salary survey data (such as the CCCU survey); (8)Oversee and monitor all legal matters; and (9)Act on behalf of the Board at and between Board meetings on matters specifically delegated to it by resolution of the full Board Form 990, Part VI, Section B, line 11b Form 990 is prepared by an independent CPA firm and reviewed in detail by the CFO and Controller. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS. Form 990, Part VI, Section B, line 12c The University has a written conflict of interest policy that is signed by all officers and board members on an annual basis. The signed statements are reviewed by members of the Executive Committee. The individual members of the Executive Committee do not review their own signed statement. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Section B, line 15 The Executive Committee of the board of trustees reviews compensation data compiled from the Coalition of Christian Colleges and University's (CCCU) national salary survey. This data shows current executive salaries and considers those along with the standard employee pay increase for all university employees. The Executive Committee determines the compensation for all executives. The Secretary of the board of trustees signs the employee contracts for executives and the signed contracts are saved in the applicable human resource files. Form 990, Part VI, Section C, line 19 The governing documents, conflict of interest policy and financial statements are available upon request. Part VII, column (F) and Schedule J, Part II, column (C) Compensation reported in Part VII, column D and Schedule J, Part II, column B is the amount reported on the individual's W-2, box 1 or 5 (whichever amount is greater) per the IRS instructions. In the case of minister's compensation when box 5 of the W-2 is not applicable, box 1 compensation is used. Employee deferrals to qualified retirement plans are normally captured in box 5, not box 1 of Form W-2. For reporting purposes we have included the minister's retirement plan deferrals in Part VII, column F and Schedule J, Part II, column C. Simpson University Foundation 2211 College View Dr Redding CA 96003 680274677 University Support CA 501(c)(3) Line 12a, I Simpson University 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 Simpson University Foundation C 2078836 Cash transfer Simpson University Foundation N Simpson University Foundation O