Southern California School Of Theology CLAREMONT SCHOOL OF THEOLOGY

EIN: 951904355 501(c)(3) Education

Claremont, CA

Total Revenue
$8,220,107
Total Expenses
$10,141,740
Total Assets
$32,417,857
Net Assets
$15,775,268
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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
1957
Legal Domicile
CA
Principal Officer
GRANT HIGAYA
Phone
9094472500
Tax Period
2022-07-01 to 2023-06-30

Southern California School Of Theology CLAREMONT SCHOOL OF THEOLOGY, founded in 1957, is a community nonprofit in the Education sector that reported $8.2M in total revenue in fiscal year 2022. Revenue decreased 7% compared to the prior year. Expenses of $10.1M exceeded revenue, resulting in a 23% operating deficit.

Mission

Theology Grad School Offering Interfaith and Ecumenical Degree Programs MDIV MA DMIN and PHD

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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 (2022)

Revenue Breakdown

Contributions & Grants $3,678,888
Program Service Revenue $3,781,393
Investment Income $232,705
Other Revenue $527,121
TOTAL REVENUE $8,220,107

Expense Breakdown

Grants Paid $1,982,925
Salaries & Benefits $3,990,934
Fundraising Expenses $929,543
Program Expenses $8,025,687
Other Expenses $4,167,881
TOTAL EXPENSES $10,141,740

Year-over-Year Comparison

2022 2021 Change
Revenue $8,220,107 $8,855,744 -0.1%
Expenses $10,141,740 $9,925,210 +0.0%
Net Income $-1,921,633 $-1,069,466 +0.8%
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
24
Independent Members
22
Employees
122
Volunteers
N/A

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
2
$247,425
Total Directors
1
$180,000
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE-HORSWILL JOHNSTON VP Advancement 37.50
Officer
$67,425 $0 $67,425
ANDREW DREITCER Trustee 37.50
Highest
$106,589 $0 $106,589
BISHOP GRANT HAGIYA President 37.50
Officer Director
$180,000 $0 $180,000
N/A Trustee 1.000
$0 $0 $0
N/A Trustee 1.000
$0 $0 $0
N/A Trustee 1.000
$0 $0 $0
N/A Trustee 1.000
$0 $0 $0
N/A Trustee 1.000
$0 $0 $0
N/A Trustee 1.000
$0 $0 $0
N/A Trustee 1.000
$0 $0 $0
N/A Director LAMAR Group 1.000
$0 $0 $0
N/A Trustee 1.000
$0 $0 $0
N/A Trustee 1.000
$0 $0 $0
N/A Trustee 1.000
$0 $0 $0
N/A Trustee 1.000
$0 $0 $0
N/A Trustee 1.000
$0 $0 $0
N/A Trustee 1.000
$0 $0 $0
N/A Trustee 1.000
$0 $0 $0
N/A Trustee 1.000
$0 $0 $0
N/A President SE Corp 1.000
$0 $0 $0
N/A Trustee N/A
$0 $0 $0
N/A Trustee 1.000
$0 $0 $0
N/A Trustee 1.000
$0 $0 $0
N/A Trustee 1.000
$0 $0 $0
N/A Trustee 1.000
$0 $0 $0
N/A Trustee 1.000
$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 No data No data No data No data
2024 No data No data No data No data
2023 $8,220,107 $10,141,740 $32,417,857 $-1,921,633
2022 $8,855,744 $9,925,210 $33,932,752 $-1,069,466
2021 $12,715,651 $10,539,910 $39,669,399 $2,175,741
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