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PACIFIC SCHOOL OF RELIGION

We are PSR: Unafraid since 1866

Berkeley, CA   |  www.psr.edu
GuideStar Charity Check

PACIFIC SCHOOL OF RELIGION

EIN: 94-1186179


Mission

The Pacific School of Religion is a progressive, multi-denominational seminary and center for social justice that prepares theologically and spiritually rooted leaders to work for the well-being of all.

Ruling year info

1939

President

Rev. Dr. David Vásquez-Levy

Main address

1798 Scenic Ave

Berkeley, CA 94709 USA

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EIN

94-1186179

Subject area info

Graduate and professional education

Theology

Population served info

LGBTQ people

Heterosexuals

Ethnic and racial groups

Religious groups

Economically disadvantaged people

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NTEE code info

(Graduate, Professional(Separate Entities)) (B50)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Center for LGBQ Studies

The Center for LGBTQ and Gender Studies in Religion was established at Pacific School of Religion in Berkeley, California and opened its doors in the fall of 2000. Discussions about the establishment of the Center began in 1996 and included the insights and assistance of many people at PSR, the Graduate Theological Union, and the broader religious community. Since the late 1970s and early 1980s, Pacific School of Religion (PSR) has supported LGBTQ seminarians in many ways. The school currently numbers many LGBTQ identified people among its student body, faculty, staff and Board of Trustees. The establishment of the Center for LGBTQ and Gender Studies in Religion (CLGS) marked another, very significant step in PSR’s commitment to justice for all of God’s children. Pacific School of Religion is a progressive, multi demoninational seminary and center for social justice that prepares spiritually-rooted leaders to work for the well-being of all people.

Population(s) Served
Religious groups
LGBTQ people
Economically disadvantaged people
Victims and oppressed people

Where we work

Financials

PACIFIC SCHOOL OF RELIGION
Fiscal year: Jul 01 - Jun 30

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2021 info

SOURCE: IRS Form 990

8.27

Average of 11.91 over 10 years

Months of cash in 2021 info

SOURCE: IRS Form 990

6.2

Average of 12.7 over 10 years

Fringe rate in 2021 info

SOURCE: IRS Form 990

32%

Average of 27% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

Source: IRS Form 990 info

PACIFIC SCHOOL OF RELIGION

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990

Fiscal year ending: cloud_download Download Data

PACIFIC SCHOOL OF RELIGION

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

PACIFIC SCHOOL OF RELIGION

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990

This snapshot of PACIFIC SCHOOL OF RELIGION’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2017 2018 2019 2020 2021
Unrestricted surplus (deficit) before depreciation $3,720,476 -$1,935,162 -$379,583 $2,473,908 $7,861,341
As % of expenses 49.8% -24.7% -4.8% 32.6% 103.3%
Unrestricted surplus (deficit) after depreciation $3,542,247 -$2,155,977 -$604,239 $2,138,807 $7,601,430
As % of expenses 46.3% -26.8% -7.5% 27.0% 96.5%
Revenue composition info
Total revenue (unrestricted & restricted) $8,241,280 $5,805,271 $5,406,307 $8,910,467 $14,551,476
Total revenue, % change over prior year 30.4% -29.6% -6.9% 64.8% 63.3%
Program services revenue 38.2% 47.5% 49.4% 32.0% 12.5%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 10.6% 21.2% 18.1% 5.2% 6.6%
Government grants 0.4% 0.9% 0.5% 1.0% 8.3%
All other grants and contributions 9.2% 26.1% 27.6% 9.6% 6.4%
Other revenue 41.6% 4.3% 4.4% 52.2% 66.3%
Expense composition info
Total expenses before depreciation $7,473,735 $7,827,935 $7,831,501 $7,586,778 $7,613,443
Total expenses, % change over prior year -3.7% 4.7% 0.0% -3.1% 0.4%
Personnel 50.9% 50.2% 49.4% 47.1% 48.7%
Professional fees 18.7% 16.8% 16.6% 22.5% 21.7%
Occupancy 7.9% 12.5% 15.6% 5.4% 8.0%
Interest 0.4% 0.0% 0.5% 1.3% 0.6%
Pass-through 9.8% 6.6% 6.4% 7.2% 5.9%
All other expenses 12.3% 13.9% 11.6% 16.5% 15.2%
Full cost components (estimated) info 2017 2018 2019 2020 2021
Total expenses (after depreciation) $7,651,964 $8,048,750 $8,056,157 $7,921,879 $7,873,354
One month of savings $622,811 $652,328 $652,625 $632,232 $634,454
Debt principal payment $0 $0 $0 $0 $2,029,326
Fixed asset additions $0 $445,722 $1,506,227 $538,108 $1,728,236
Total full costs (estimated) $8,274,775 $9,146,800 $10,215,009 $9,092,219 $12,265,370

Capital structure indicators

Liquidity info 2017 2018 2019 2020 2021
Months of cash 9.2 56.2 7.3 8.1 6.2
Months of cash and investments 63.1 58.2 55.6 54.5 85.0
Months of estimated liquid unrestricted net assets 2.7 -1.1 -2.2 3.4 9.9
Balance sheet composition info 2017 2018 2019 2020 2021
Cash $5,715,792 $36,688,523 $4,780,364 $5,108,873 $3,954,694
Investments $33,580,232 $1,272,286 $31,492,042 $29,366,308 $49,961,823
Receivables $605,389 $483,671 $587,108 $4,728,336 $381,239
Gross land, buildings, equipment (LBE) $9,971,591 $10,381,673 $11,783,515 $11,898,293 $13,096,081
Accumulated depreciation (as a % of LBE) 79.9% 78.5% 70.2% 68.8% 60.4%
Liabilities (as a % of assets) 5.4% 6.3% 11.1% 13.9% 10.5%
Unrestricted net assets $3,694,639 $1,538,662 $934,423 $3,073,230 $10,674,660
Temporarily restricted net assets $9,338,344 $9,191,555 $0 N/A N/A
Permanently restricted net assets $28,526,733 $29,277,434 $36,701,635 N/A N/A
Total restricted net assets $37,865,077 $38,468,989 $36,701,635 $35,449,222 $44,649,024
Total net assets $41,559,716 $40,007,651 $37,636,058 $38,522,452 $55,323,684

Key data checks

Key data checks info 2017 2018 2019 2020 2021
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

President

Rev. Dr. David Vásquez-Levy

Dr. Vásquez-Levy is a committed pastor, a nationally recognized leader, and a sought after speaker, Dr. Vásquez-Levy’s leadership at the intersection of faith, higher education, and social change equips him to lead PSR into its ambitious vision of preparing theologically and spiritually rooted leaders for social transformation. Dr. Vásquez-Levy has served at First Lutheran Church in Cincinnati, Ohio; St. Mark’s Lutheran Church in Batesville, Indiana; and as part of a co-equal team of pastors leading the Office for College Ministries at Luther College in Decorah, Iowa. A native of Guatemala, Dr. Vasquez-Levy received his Doctor of Ministry in Preaching, Lutheran School of Theology, his Master of Divinity also from Lutheran School of Theology, and holds a Bachelor of Science, Computer Science from Texas Lutheran University.

Number of employees

Source: IRS Form 990

PACIFIC SCHOOL OF RELIGION

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
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Compensation data
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PACIFIC SCHOOL OF RELIGION

Highest paid employees

SOURCE: IRS Form 990

Compensation
Other
Related
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Compensation data
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PACIFIC SCHOOL OF RELIGION

Board of directors
as of 02/15/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Sandra Nathan

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Not applicable
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 2/15/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
Hispanic/Latino/Latina/Latinx
Gender identity
Male, Not transgender (cisgender)
Sexual orientation
Decline to state
Disability status
Person without a disability

Race & ethnicity

Gender identity

 

Sexual orientation

Disability

No data

Contractors

Fiscal year ending
There are no fundraisers recorded for this organization.