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 Vulnerability Assessment (Tuckman-Chang)

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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

TO EDUCATE UNDERGRADUATE AND GRADUATE STUDENTS; TO PROMOTE RESEARCH AND INSTRUCTION IN MULTIPLE AREAS; AND TO CONTRIBUTE TO THE GOOD OF THE LARGER SOCIETY.

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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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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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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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