SIMPSON HOUSING SERVICES INC (EIN 411759477) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1993

Legal Domicile

Principal Officer

STEVE HORSFIELD

Phone

6128748683

Tax Period

2024-07-01 to 2025-06-30

SIMPSON HOUSING SERVICES INC, founded in 1993, is a mid-sized nonprofit in the Unknown sector that reported $23.1M in total revenue in fiscal year 2024. Revenue surged 58% from the prior year, signaling strong growth momentum. The organization ran a surplus of $9.4M, a strong 41% operating margin.

Mission

SIMPSON HOUSING SERVICES' MISSION IS TO HOUSE, SUPPORT, & ADVOCATE FOR PEOPLE EXPERIENCING HOMELESSNESS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $20,942,796

Program Service Revenue $1,477,946

Investment Income $35,175

Other Revenue $595,766

TOTAL REVENUE $23,051,683

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,822,172

Fundraising Expenses $594,888

Program Expenses $11,376,269

Other Expenses $6,789,531

TOTAL EXPENSES $13,624,640

Year-over-Year Comparison

	2024	2023	Change
Revenue	$23,051,683	$14,594,197	+0.6%
Expenses	$13,624,640	$12,352,289	+0.1%
Net Income	$9,427,043	$2,241,908	+3.2%

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

Governance

Voting Members

Independent Members

Employees

129

Volunteers

1400

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

$506,227

Total Directors

Key Employees

$176,190

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BEN KERL	MEMBER	2.00	Director	$0	$0	$0
PATRICIA HARMON	MEMBER	2.00	Director	$0	$0	$0
STACY THOMPSON	MEMBER	2.00	Director	$0	$0	$0
MEGAN MAHONEY	MEMBER	2.00	Director	$0	$0	$0
STEVE PROESCHEL	PRESIDENT	3.00	Officer Director	$0	$0	$0
BRIAN SVENDAHL	MEMBER	2.00	Director	$0	$0	$0
DON VERMILLION	SECRETARY	3.00	Officer Director	$0	$0	$0
DAN GRIEP	TREASURER	3.00	Officer Director	$0	$0	$0
ARVIND SHARMA	MEMBER	2.00	Director	$0	$0	$0
JILL LAVIOLETTE	MEMBER	2.00	Director	$0	$0	$0
STEPHANIE ABEL	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
GRACEN MCDOUGALL	MEMBER	2.00	Director	$0	$0	$0
MALISSA ADAMS	MEMBER	2.00	Director	$0	$0	$0
JESSE SCHWAB	MEMBER	2.00	Director	$0	$0	$0
JOHN NOLAN	MEMBER	2.00	Director	$0	$0	$0
JAN RUSSELL	MEMBER	2.00	Director	$0	$0	$0
TOM HARLAN	MEMBER	2.00	Director	$0	$0	$0
WENDY WIEGMANN	ASSOCIATE DIRECTOR	40.00	Officer	$131,595	$13,693	$145,288
ELISABETH LOEFFLER	DIRECTOR OF ADVANCEMENTS A	40.00	Officer	$122,302	$4,284	$126,586
CHRISTINA JACOBSON	DIRECTOR OF EQUITY AND HUMAN RESOURCES	40.00	Officer	$105,070	$15,894	$120,964
CHRISTINA GIESE	DIRECTOR OF OPERATIONS & V	40.00	Officer	$109,491	$3,898	$113,389
STEVE HORSFIELD	EXECUTIVE DIRECTOR	40.00	Key Emp	$161,668	$14,522	$176,190

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	$23,051,683	$13,624,640	$35,402,950	$9,427,043
2024	$14,594,197	$12,352,289	$34,181,347	$2,241,908
2023	$11,169,254	$11,159,537	$15,296,509	$9,717
2022	$12,299,851	$10,279,860	$14,379,624	$2,019,991
2021	$11,738,483	$10,467,614	$10,361,616	$1,270,869
2020	$10,223,366	$9,482,830	$9,904,866	$740,536
2019	$12,766,438	$9,308,760	$6,470,325	$3,457,678

SIMPSON HOUSING SERVICES INC