Saint Simeons Episcopal Home Foundation

Tulsa, OK | https://saintsimeons.org/foundation/

GuideStar Charity Check

EIN: 73-1615760

Contributions tax deductible
as of November 2023

IRS BMF 509(a)(1)
as of November 13, 2023

View summary

Charity Check report

Mission

TO ENHANCE THROUGH PHILANTHROPY AND STEWARDSHIP THE PHYSICAL, SOCIAL, AND SPIRITUAL WELL-BEING OF THE RESIDENTS OF SAINT SIMEON'S AND THEIR FAMILIES.

Ruling year info

2002

Executive Director

Tyler Davis

Main address

3701 N Martin Luther King Jr Blvd

Tulsa, OK 74106 USA

Show more contact info

EIN

73-1615760

Subject area info

Senior assisted living

Foundations

Population served info

Older adults

Seniors

NTEE code info

Public Foundations (T30)

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

Show Forms 990

Affiliations

See related organizations info

Programs and results

What we aim to solve

This profile needs more info.

If it is your nonprofit, add a problem overview.

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?

Saint Simeon's Home

Saint Simeon's Foundation secures and manages private support for Saint Simeon's Episcopal Home. Our mission is to enhance through philanthropy and stewardship the physical, social, and spiritual well-being of the Residents of Saint Simeon’s and their families

The Foundation exists to support the Home in its mission to be the preferred home for those who wish to live their later years in a Christian environment with the highest attainable level of independence, dignity, and individuality.

Population(s) Served

Seniors

Older adults

Where we work

External reviews

Financials

Saint Simeons Episcopal Home Foundation

Fiscal year: Jan 01 - Dec 31

Financial documents

Yes, financials were audited by an independent accountant.

Revenue vs. expenses: breakdown

SOURCE: IRS Form 990

NET GAIN/LOSS: in

Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2021

SOURCE: IRS Form 990

120.73

Average of 91.42 over 10 years

Months of cash in 2021

SOURCE: IRS Form 990

3.1

Average of 9.8 over 10 years

Fringe rate in 2021

SOURCE: IRS Form 990

17%

Average of 16% over 10 years

Funding sources

Source: IRS Form 990

Assets & liabilities

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Digitizing IRS form 990 data

Saint Simeons Episcopal Home Foundation

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: Download Data

Revenue
Contributions	$1,671,073
Government Grants	$0
Program Services	$0
Investments	$672,115
Special Events	$167,028
Sales	$0
Other	$475
Total Revenue	$2,510,691

Expenses
Program Services	$0
Administration	$0
Fundraising	$8,100,712
Total Expenses	$8,100,712
Net Gain/Loss	($5,590,021)

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$51,548
Legal Fees	$0
Pension Plan Contributions	$1,874
Professional Fundraising Expenses	$0

Revenue
Contributions	$1,931,429
Government Grants	$0
Program Services	$0
Investments	$418,521
Special Events	$52,944
Sales	$0
Other	$326
Total Revenue	$2,403,220

Expenses
Program Services	$12,856,368
Administration	$111,788
Fundraising	$269,489
Total Expenses	$13,237,645
Net Gain/Loss	($10,834,425)

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$10,643
Information Technology Expenses	$0
Insurance Expenses	$26,552
Interest Expenses	$39,292
Investment Management Fees	$29,485
Legal Fees	$0
Pension Plan Contributions	$7,359
Professional Fundraising Expenses	$0

Revenue
Contributions	$2,358,231
Government Grants	$0
Program Services	$0
Investments	$91,785
Special Events	$55,530
Sales	$0
Other	$0
Total Revenue	$2,505,546

Expenses
Program Services	$805,843
Administration	$189,612
Fundraising	$225,016
Total Expenses	$1,220,471
Net Gain/Loss	$1,285,075

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$5,945
Professional Fundraising Expenses	$0

Revenue
Contributions	$1,599,576
Government Grants	$0
Program Services	$0
Investments	$17,824
Special Events	$454,338
Sales	$0
Other	$0
Total Revenue	$2,071,738

Expenses
Program Services	$2,395,488
Administration	$296,645
Fundraising	$122,261
Total Expenses	$2,814,394
Net Gain/Loss	($742,656)

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$6,644
Information Technology Expenses	$0
Insurance Expenses	$11,310
Interest Expenses	$21,646
Investment Management Fees	$14,488
Legal Fees	$0
Pension Plan Contributions	$4,577
Professional Fundraising Expenses	$0

Revenue
Contributions	$3,029,153
Government Grants	$0
Program Services	$0
Investments	$510
Special Events	$99,877
Sales	$0
Other	$0
Total Revenue	$3,129,540

Expenses
Program Services	$329,921
Administration	$86,279
Fundraising	$167,781
Total Expenses	$583,981
Net Gain/Loss	$2,545,559

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$1,431
Information Technology Expenses	$9,019
Insurance Expenses	$12,833
Interest Expenses	$379
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$1,417
Professional Fundraising Expenses	$0

Revenue
Contributions	$3,307,821
Government Grants	$0
Program Services	$0
Investments	$39,987
Special Events	($59,656)
Sales	$0
Other	$147,581
Total Revenue	$3,435,733

Expenses
Program Services	$1,209,892
Administration	$87,898
Fundraising	$151,007
Total Expenses	$1,448,797
Net Gain/Loss	$1,986,936

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$12,621
Information Technology Expenses	$5,576
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$10,940
Legal Fees	$0
Pension Plan Contributions	$7,281
Professional Fundraising Expenses	$0

Revenue
Contributions	$1,185,370
Government Grants	$0
Program Services	$0
Investments	$311,565
Special Events	($70,175)
Sales	$0
Other	$0
Total Revenue	$1,426,760

Expenses
Program Services	$2,622,461
Administration	$94,175
Fundraising	$162,029
Total Expenses	$2,878,665
Net Gain/Loss	($1,451,905)

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$12,778
Information Technology Expenses	$7,294
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$16,315
Legal Fees	$0
Pension Plan Contributions	$6,004
Professional Fundraising Expenses	$0

Revenue
Contributions	$725,459
Government Grants	$0
Program Services	$0
Investments	$188,623
Special Events	($97,136)
Sales	$0
Other	$0
Total Revenue	$816,946

Expenses
Program Services	$866,818
Administration	$60,641
Fundraising	$193,844
Total Expenses	$1,121,303
Net Gain/Loss	($304,357)

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$4,445
Information Technology Expenses	$9,841
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$5,667
Legal Fees	$0
Pension Plan Contributions	$8,639
Professional Fundraising Expenses	$0

Revenue
Contributions	$1,857,658
Government Grants	$0
Program Services	$0
Investments	$3,184
Special Events	($7,140)
Sales	$0
Other	$0
Total Revenue	$1,853,702

Expenses
Program Services	$644,219
Administration	$113,033
Fundraising	$247,969
Total Expenses	$1,005,221
Net Gain/Loss	$848,481

Functional expenses
Accounting Fees	$2,600
Advertising & Promotion	$2,954
Information Technology Expenses	$14,322
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$20,006
Legal Fees	$0
Pension Plan Contributions	$6,522
Professional Fundraising Expenses	$0

Revenue
Contributions	$862,137
Government Grants	$0
Program Services	$0
Investments	$220,174
Special Events	($97,276)
Sales	$0
Other	$0
Total Revenue	$985,035

Expenses
Program Services	$1,184,754
Administration	$100,394
Fundraising	$171,226
Total Expenses	$1,456,374
Net Gain/Loss	($471,339)

Functional expenses
Accounting Fees	$16,350
Advertising & Promotion	$4,484
Information Technology Expenses	$20,753
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$22,563
Legal Fees	$0
Pension Plan Contributions	$6,306
Professional Fundraising Expenses	$0

Revenue
Contributions	$656,540
Government Grants	$0
Program Services	$0
Investments	$274,483
Special Events	($40,627)
Sales	$0
Other	$0
Total Revenue	$890,396

Expenses
Program Services	$1,159,770
Administration	$69,716
Fundraising	$171,389
Total Expenses	$1,400,875
Net Gain/Loss	($510,479)

Functional expenses
Accounting Fees	$16,823
Advertising & Promotion	$14,092
Information Technology Expenses	$17,378
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$205
Professional Fundraising Expenses	$0

Revenue
Contributions	$898,219
Government Grants	$0
Program Services	$0
Investments	$804,366
Special Events	($48,292)
Sales	$0
Other	$0
Total Revenue	$1,654,293

Expenses
Program Services	$731,856
Administration	$94,870
Fundraising	$177,109
Total Expenses	$1,003,835
Net Gain/Loss	$650,458

Functional expenses
Accounting Fees	$17,000
Advertising & Promotion	$17,690
Information Technology Expenses	$10,580
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$810
Pension Plan Contributions	$7,014
Professional Fundraising Expenses	$0

Revenue
Contributions	$1,293,287
Government Grants	$0
Program Services	$0
Investments	$141,604
Special Events	($91,415)
Sales	$0
Other	$0
Total Revenue	$1,343,476

Expenses
Program Services	$483,823
Administration	$174,995
Fundraising	$141,890
Total Expenses	$800,708
Net Gain/Loss	$542,768

Functional expenses
Accounting Fees	$20,382
Advertising & Promotion	$60,507
Information Technology Expenses	$17,767
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$2,137
Professional Fundraising Expenses	$0

Revenue
Contributions	$1,216,124
Government Grants	$0
Program Services	$0
Investments	$384,998
Special Events	($76,709)
Sales	$0
Other	$0
Total Revenue	$1,524,413

Expenses
Program Services	$2,380,334
Administration	$170,113
Fundraising	$170,910
Total Expenses	$2,721,357
Net Gain/Loss	($1,196,944)

Functional expenses
Accounting Fees	$15,000
Advertising & Promotion	$43,306
Information Technology Expenses	$18,995
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$2,486
Professional Fundraising Expenses	$0

Saint Simeons Episcopal Home Foundation

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

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: Download Data

Assets	Jan 01, 2008	Dec 31, 2008	Change
Contributions	$1,671,073
Cash & Equivalents	$2,078,578	$1,156,992	($921,586)
Accounts Receivable	$67	$67	$0
Pledges & Grants Receivable	$11,435,406	$3,500,253	($7,935,153)
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$7,592,209	$9,104,059	$1,511,850
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$14,724	$12,169	($2,555)
Other	$24,627	$10,978	($13,649)
Total Assets	$21,145,611	$13,784,518	($7,361,093)

Liabilities	Jan 01, 2008	Dec 31, 2008	Change
Accounts Payable	$22,400	$13,086	($9,314)
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$1,569,193	$1,035,191	($534,002)
Total Liabilities	$1,591,593	$1,048,277	($543,316)

Fund balance	Jan 01, 2008	Dec 31, 2008	Change
Temporarily Restricted Net Assets	$18,084,018	$12,007,485	-$6,076,533
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$18,084,018	$12,007,485	($6,076,533)
Unrestricted Net Assets	$1,470,000	$728,756	($741,244)
Net Assets	$19,554,018	$12,736,241	($6,817,777)

Assets	Jan 01, 2009	Dec 31, 2009	Change
Contributions	$1,931,429
Cash & Equivalents	$1,156,992	$1,374,388	$217,396
Accounts Receivable	$67	$67	$0
Pledges & Grants Receivable	$3,500,253	$2,663,900	($836,353)
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$9,104,059	$1,429,934	($7,674,125)
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$12,169	$14,511	$2,342
Other	$10,978	$6,264	($4,714)
Total Assets	$13,784,518	$5,489,064	($8,295,454)

Liabilities	Jan 01, 2009	Dec 31, 2009	Change
Accounts Payable	$13,086	$123,928	$110,842
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$3,499,306	$3,499,306
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$1,035,191	$0	($1,035,191)
Total Liabilities	$1,048,277	$3,623,234	$2,574,957

Fund balance	Jan 01, 2009	Dec 31, 2009	Change
Temporarily Restricted Net Assets	$12,007,485	$1,392,094	-$10,615,391
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$12,007,485	$1,392,094	($10,615,391)
Unrestricted Net Assets	$728,756	$473,736	($255,020)
Net Assets	$12,736,241	$1,865,830	($10,870,411)

Assets	Jan 01, 2010	Dec 31, 2010	Change
Contributions	$2,358,231
Cash & Equivalents	$1,374,388	$1,411,860	$37,472
Accounts Receivable	$67	$67	$0
Pledges & Grants Receivable	$2,663,900	$1,233,379	($1,430,521)
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$1,429,934	$2,039,810	$609,876
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$14,511	$10,650	($3,861)
Other	$6,264	$6,264	$0
Total Assets	$5,489,064	$4,702,030	($787,034)

Liabilities	Jan 01, 2010	Dec 31, 2010	Change
Accounts Payable	$123,928	$129,215	$5,287
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$3,499,306	$1,416,684	($2,082,622)
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$3,623,234	$1,545,899	($2,077,335)

Saint Simeons Episcopal Home Foundation

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Saint Simeons Episcopal Home Foundation’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.

Created in partnership with

Fiscal year: Jan 01 - Dec 31 View full report Download data

Business model indicators

Profitability	2017	2018	2019	2020	2021
Unrestricted surplus (deficit) before depreciation	$211,796	-$672,433	$295,129	$810,732	-$1,421,693
As % of expenses	14.6%	-48.1%	29.5%	101.5%	-52.3%
Unrestricted surplus (deficit) after depreciation	$207,728	-$676,501	$291,241	$808,968	-$1,423,349
As % of expenses	14.3%	-48.3%	29.0%	101.0%	-52.3%

Revenue composition
Total revenue (unrestricted & restricted)	$985,035	$890,396	$1,654,293	$1,343,476	$1,524,413
Total revenue, % change over prior year	-46.9%	-9.6%	85.8%	-18.8%	13.5%
Program services revenue	0.0%	0.0%	0.0%	0.0%	0.0%
Membership dues	0.0%	0.0%	0.0%	0.0%	0.0%
Investment income	7.6%	7.5%	6.9%	7.0%	4.7%
Government grants	0.0%	0.0%	0.0%	0.0%	0.0%
All other grants and contributions	77.6%	69.2%	51.4%	89.5%	74.7%
Other revenue	14.8%	23.3%	41.7%	3.5%	20.6%

Expense composition
Total expenses before depreciation	$1,452,306	$1,396,807	$999,947	$798,944	$2,719,701
Total expenses, % change over prior year	44.7%	-3.8%	-28.4%	-20.1%	240.4%
Personnel	11.8%	11.7%	17.2%	17.4%	6.3%
Professional fees	2.7%	1.8%	3.0%	10.2%	3.0%
Occupancy	0.0%	0.0%	0.0%	0.0%	0.0%
Interest	0.0%	0.0%	0.0%	0.0%	0.0%
Pass-through	77.6%	80.7%	69.8%	57.5%	86.3%
All other expenses	7.9%	5.8%	9.9%	14.9%	4.4%

Full cost components (estimated)	2017	2018	2019	2020	2021
Total expenses (after depreciation)	$1,456,374	$1,400,875	$1,003,835	$800,708	$2,721,357
One month of savings	$121,026	$116,401	$83,329	$66,579	$226,642
Debt principal payment	$0	$0	$0	$0	$0
Fixed asset additions	$0	$0	$0	$0	$0
Total full costs (estimated)	$1,577,400	$1,517,276	$1,087,164	$867,287	$2,947,999

Capital structure indicators

Liquidity	2017	2018	2019	2020	2021
Months of cash	4.5	6.1	8.1	18.6	3.1
Months of cash and investments	44.8	40.1	63.4	94.3	23.2
Months of estimated liquid unrestricted net assets	21.0	16.1	26.0	44.7	6.9

Balance sheet composition	2017	2018	2019	2020	2021
Cash	$549,024	$707,240	$677,110	$1,238,317	$704,987
Investments	$4,869,265	$3,963,850	$4,609,861	$5,038,524	$4,555,279
Receivables	$336,762	$36,520	$36,584	$78,631	$46,000
Gross land, buildings, equipment (LBE)	$25,524	$25,524	$25,524	$25,524	$25,524
Accumulated depreciation (as a % of LBE)	44.3%	60.3%	75.5%	82.4%	88.9%
Liabilities (as a % of assets)	1.8%	0.7%	0.7%	0.7%	0.8%
Unrestricted net assets	$2,556,317	$1,879,816	$2,171,057	$2,980,025	$1,556,676
Temporarily restricted net assets	$1,300,087	$0	N/A	N/A	N/A
Permanently restricted net assets	$1,811,420	$2,805,228	N/A	N/A	N/A
Total restricted net assets	$3,111,507	$2,805,228	$3,132,224	$3,342,992	$3,749,466
Total net assets	$5,667,824	$4,685,044	$5,303,281	$6,323,017	$5,306,142

Key data checks

Key data checks	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

Executive Director

Tyler Davis

Number of employees

Source: IRS Form 990

Saint Simeons Episcopal Home Foundation

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation

Other

Show data for fiscal year

Compensation data

Download up to 5 most recent years of officer and director compensation data for this organization

Saint Simeons Episcopal Home Foundation

Highest paid employees

SOURCE: IRS Form 990

Compensation

Other

Show data for fiscal year

Compensation data

Download up to 5 most recent years of highest paid employee data for this organization

Saint Simeons Episcopal Home Foundation

Board of directors
as of 10/24/2023

SOURCE: Self-reported by organization

Board of directors data

Download the most recent year of board of directors data for this organization

Board chair

The Rt. Rev. Poulson Reed

Episcopal Diocese of Oklahoma

Related organizations & associated domestic grants

Show data for fiscal year

Saint Simeons Episcopal Home Foundation

Mission

Is this your nonprofit?

Programs and results

What we aim to solve

This profile needs more info.

Our programs

Saint Simeon's Home

Where we work

Financials

Financial documents

Revenue vs. expenses: breakdown

Liquidity in 2021 info

120.73

Months of cash in 2021 info

3.1

Fringe rate in 2021 info

17%

Funding sources info

Assets & liabilities info

Financial data

Digitizing IRS form 990 data

Saint Simeons Episcopal Home Foundation

Saint Simeons Episcopal Home Foundation

Saint Simeons Episcopal Home Foundation

Business model indicators

Capital structure indicators

Key data checks

Operations

Documents

Executive Director

Tyler Davis

Number of employees

Saint Simeons Episcopal Home Foundation

Compensation data

Saint Simeons Episcopal Home Foundation

Compensation data

Saint Simeons Episcopal Home Foundation

Board of directors data

The Rt. Rev. Poulson Reed

Related organizations & associated domestic grants

Liquidity in 2021

Months of cash in 2021

Fringe rate in 2021

Funding sources

Assets & liabilities