CHARLES SIMEON TRUST

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

DEBORAH LORENTSEN

Phone

7737529876

Tax Period

2024-09-01 to 2025-08-31

CHARLES SIMEON TRUST, founded in 2001, is a community nonprofit in the Religion sector that reported $2.4M in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Net assets of $5.7M represent 29 months of operating reserves.

Mission

TRAINING MINISTERS TO EFFECTIVELY PREACH THE GOSPEL.

Program Service Accomplishments

Program 1

Expenses: $338,701

RESIDENTIAL TRAINING - PROVIDES PRACTICAL TRAINING IN BIBLICAL EXPOSITION COMBINED WITH MENTORED PRACTICE WITHIN THE LOCAL CHURCH.

Program 2

Expenses: $236,745

ONLINE COURSES - PROVIDES TRAINING IN EFFECTIVELY STUDYING THE BIBLE AND TEACHING FROM YOUR BIBLE STUDY EFFECTIVELY. THESE COURSES ARE AVAILABLE ONLINE.

Program 3

Expenses: $1,263,154 Revenue: $593,465

PREACHING WORKSHOPS & TRAINING - PROVIDING HANDS ON WORKSHOPS TO GIVE MINISTERS CONFIDENCE AND DEVELOP ADDITIONAL SKILLS FOR PROCLAIMING GOD'S WORD.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,494,073

Program Service Revenue $646,529

Investment Income $220,510

Other Revenue $25,394

TOTAL REVENUE $2,386,506

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,213,201

Fundraising Expenses $134,442

Program Expenses $1,913,038

Other Expenses $1,106,035

TOTAL EXPENSES $2,319,236

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,386,506	$3,230,994	-0.3%
Expenses	$2,319,236	$1,987,805	+0.2%
Net Income	$67,270	$1,243,189	-0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

845

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

$70,773

Total Directors

$76,173

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEREMY MEEKS	DIR.-CHICAGO	40.00	Highest	$100,870	$27,305	$128,175
ROBERT S KINNEY	DIR. OF MINI	40.00	Highest	$112,750	$10,233	$122,983
DAVID R HELM	CHAIRMAN	12.00	Officer Director	$59,260	$10,313	$69,573
THOMAS MICHAEL LAWRENCE	DIRECTOR	0.50	Director	$5,400	$0	$5,400
JON M DENNIS	SECRETARY	0.50	Officer Director	$1,200	$0	$1,200
JANE HENSEL	DIRECTOR	0.50	Director	$0	$0	$0
DEBORAH LORENTSEN	TREASURER	2.00	Officer Director	$0	$0	$0
PAUL MCMULLAN	DIRECTOR	0.50	Director	$0	$0	$0
PHIL NUSSBAUM	DIRECTOR	0.50	Director	$0	$0	$0
JOHN ONWUCHEKWA	DIRECTOR	0.50	Director	$0	$0	$0
DAVID OSTER	VICE CHAIRMA	0.50	Officer Director	$0	$0	$0

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	$2,386,506	$2,319,236	$5,686,580	$67,270
2024	$3,230,994	$1,987,805	$5,608,858	$1,243,189
2023	$1,786,160	$1,672,601	$4,374,151	$113,559
2022	$1,414,758	$1,476,259	$4,206,717	$-61,501
2021	$2,102,656	$1,040,213	$4,267,084	$1,062,443
2020	$2,168,202	$1,093,233	$3,213,301	$1,074,969
2019	$2,326,148	$922,301	$2,131,059	$1,403,847
2018	$1,526,601	$865,199	$726,849	$661,402