La Sierra University

EIN: 330413730 501(c)(3) Education

RIVERSIDE, CA

Total Revenue
$71,721,743
Total Expenses
$78,039,839
Total Assets
$209,788,876
Net Assets
$183,989,151
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Financial Trends

Organization Details

Formation Year
1922
Legal Domicile
CA
Phone
9517852000
Tax Period
2023-07-01 to 2024-06-30

La Sierra University, founded in 1922, is a mid-sized nonprofit in the Education sector that reported $71.7M in total revenue in fiscal year 2023. Net assets of $184.0M represent 31 months of operating reserves.

Mission

LA SIERRA UNIVERSITY'S MISSION IS TO SEEK TRUTH, ENLARGING HUMAN UNDERSTANDING THROUGH SCHOLARSHIP; TO KNOW GOD, OURSELVES, AND THE WORLD THROUGH REFLECTION, INSTRUCTION, AND MENTORING; TO SERVE OTHERS, CONTRIBUTING TO THE GOOD OF OUR LOCAL AND GLOBAL COMMUNITIES.

Program Service Accomplishments

Program 1
Expenses: $48,161,200 Revenue: $44,353,720

INSTRUCTION AND RESEARCH PROGRAMS SERVED MORE THAN 1,200 UNDERGRADUATE AND MORE THAN 360 GRADUATE STUDENTS. THESE PROGRAMS HAVE A COMMUNITY-CENTERED APPROACH AROUND GENERAL STUDIES, INTERNATIONAL...

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INSTRUCTION AND RESEARCH PROGRAMS SERVED MORE THAN 1,200 UNDERGRADUATE AND MORE THAN 360 GRADUATE STUDENTS. THESE PROGRAMS HAVE A COMMUNITY-CENTERED APPROACH AROUND GENERAL STUDIES, INTERNATIONAL LEARNING EXPERIENCES AND CULMINATES IN A SENIOR PROJECT OF ORIGINAL SCHOLARSHIP.

Program 2
Expenses: $8,237,419 Revenue: $3,586,083

STUDENT SERVICES SERVED STUDENTS' EMOTIONAL, PHYSICAL, SPIRITUAL WELL BEING, INTELLECTUAL, CULTURAL AND SOCIAL DEVELOPMENT OUTSIDE OF THE CLASSROOM. MORE THAN 60 STUDENTS VOLUNTEERED FOR COMMUNITY...

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STUDENT SERVICES SERVED STUDENTS' EMOTIONAL, PHYSICAL, SPIRITUAL WELL BEING, INTELLECTUAL, CULTURAL AND SOCIAL DEVELOPMENT OUTSIDE OF THE CLASSROOM. MORE THAN 60 STUDENTS VOLUNTEERED FOR COMMUNITY SERVICE. THERE ARE 4 ACTIVE MINISTRIES AND 25 SOCIAL CLUBS. THE UNIVERSITY HAS MEN'S AND WOMEN'S BASKETBALL, BASEBALL, SOFTBALL, MEN'S AND WOMEN'S SOCCER, MEN'S AND WOMEN'S CROSS COUNTRY, AND WOMEN'S VOLLEYBALL VARSITY PROGRAMS. APPROXIMATELY 215 PEOPLE PARTICIPATE. THERE IS ALSO AN INTRAMURAL PROGRAM THAT IS OPEN TO ALL STUDENTS FOR PARTICIPATION. THE INTRAMURAL SPORTS INCLUDE: FLAG FOOTBALL, SOCCER, BASKETBALL, VOLLEYBALL, BADMINTON, BEACH VOLLEYBALL, ZUMBA, YOGA, PICKLEBALL, AND SOFTBALL. 180 STUDENTS WERE ABLE TO PARTICIPATE IN THE PROGRAM THIS YEAR.

Program 3
Expenses: $5,978,019 Revenue: $8,113,896

AUXILIARIES - EXPENSES FOR ENTERPRISES THAT EXIST TO FURNISH GOODS OR SERVICES TO STUDENTS, FACULTY OR STAFF. 500 STUDENTS LIVED IN RESIDENCE HALLS AND 84 IN UNIVERSITY APARTMENTS AND HOUSES. IN...

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AUXILIARIES - EXPENSES FOR ENTERPRISES THAT EXIST TO FURNISH GOODS OR SERVICES TO STUDENTS, FACULTY OR STAFF. 500 STUDENTS LIVED IN RESIDENCE HALLS AND 84 IN UNIVERSITY APARTMENTS AND HOUSES. IN ADDITION, 43 FACULTY AND STAFF OCCUPY APARTMENTS AND HOUSES OWNED BY THE UNIVERSITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $8,072,438
Program Service Revenue $55,972,107
Investment Income $6,299,309
Other Revenue $1,377,889
TOTAL REVENUE $71,721,743

Expense Breakdown

Grants Paid $16,730,296
Salaries & Benefits $35,002,313
Fundraising Expenses $1,138,493
Program Expenses $62,376,638
Other Expenses $26,307,230
TOTAL EXPENSES $78,039,839

Year-over-Year Comparison

2023 2022 Change
Revenue $71,721,743 $72,335,793 0.0%
Expenses $78,039,839 $75,147,809 +0.0%
Net Income $-6,318,096 $-2,812,016 +1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
22
Independent Members
21
Employees
1289
Volunteers
21

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$664,194
Total Directors
23
$306,604
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOY FEHR PRESIDENT (LEFT 09/23) 50.0
Officer Director
$244,132 $18,920 $263,052
RICHARD OSBORN INTERIM PRESIDENT (START 09/23) 50.0
Officer Director
$41,546 $2,006 $43,552
ADRIAN SERNA TRUSTEE 5.0
Director
$0 $0 $0
ALINA TOLAN TRUSTEE 5.0
Director
$0 $0 $0
BERIT VON POHLE TRUSTEE 5.0
Director
$0 $0 $0
BRADFORD NEWTON CHAIR 5.0
Director
$0 $0 $0
CARMEN IBANEZ TRUSTEE 5.0
Director
$0 $0 $0
DON WILLIAMS TRUSTEE 5.0
Director
$0 $0 $0
ED KEYES TRUSTEE 5.0
Director
$0 $0 $0
ERNIE HWANG TRUSTEE 5.0
Director
$0 $0 $0
HILMA GRIFFIN-WATSON TRUSTEE 5.0
Director
$0 $0 $0
JOHN BRUNT VICE CHAIR 5.0
Director
$0 $0 $0
JOHN CRESS TRUSTEE 5.0
Director
$0 $0 $0
JONATHAN PARK TRUSTEE 5.0
Director
$0 $0 $0
KIM GODFREY TRUSTEE 5.0
Director
$0 $0 $0
LEON BROWN TRUSTEE 5.0
Director
$0 $0 $0
LISA WALCKER TRUSTEE 5.0
Director
$0 $0 $0
MARGIE SALCEDO-RICE TRUSTEE 5.0
Director
$0 $0 $0
MARILENE WANG TRUSTEE 5.0
Director
$0 $0 $0
MEREDITH JOBE TRUSTEE 5.0
Director
$0 $0 $0
NEDD BROWN TRUSTEE 5.0
Director
$0 $0 $0
SANDY ROBERTS TRUSTEE 5.0
Director
$0 $0 $0
STEPHEN MAYER TRUSTEE 5.0
Director
$0 $0 $0
APRIL SUMMITT PROVOST 50.0
Officer
$170,239 $13,883 $184,122
DAVID GERIGUIS VP OF FINANCIAL ADMINISTRATION 50.0
Officer
$157,710 $15,758 $173,468
CHANG-HO JI DEAN-SCHOOL OF EDUCATION 50.0
Highest
$121,825 $10,385 $132,210
JOHNNY THOMAS DEAN-ZAPARA SCHOOL OF BUSINESS 50.0
Highest
$139,198 $12,301 $151,499
MARJORIE ROBINSON VP STUDENT LIFE 50.0
Highest
$125,390 $11,745 $137,135
NORMAN YERGEN VP OF ADVANCEMENT 50.0
Highest
$141,170 $73,266 $214,436
WAYNE DUNBAR VP STRATETGIC ENGAGEMENT 50.0
Highest
$125,099 $10,245 $135,344
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $71,721,743 $78,039,839 $209,788,876 $-6,318,096
2023 $72,335,793 $75,147,809 $207,638,256 $-2,812,016
2022 $82,664,622 $74,524,275 $210,919,735 $8,140,347
2021 $79,132,443 $75,236,909 $224,274,397 $3,895,534
2020 $80,829,337 $78,260,549 $192,974,775 $2,568,788
2019 $82,250,735 $79,985,867 $194,068,481 $2,264,868
2018 $84,109,585 $80,689,513 $191,818,197 $3,420,072
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