Civic Intelligence

Simpson Charitable Trust

990 • Fiscal year 2023 • EIN 75-6362586

Jan 01, 2023 to Dec 31, 2023 • Filed on May 10, 2024

PO Box 701Abilene, TX 79604

(325) 627-7100

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

3rd percentile

-114%

Higher net margin than 3% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

43rd percentile

$27,357

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 30.8% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

28th percentile

-2.3%

Faster asset growth than 28% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

1st percentile

-91%

Faster revenue growth than 1% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Flat

$4,291,867

Flat from 2023

Net Assets

Flat

$4,291,867

Flat from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue

Flat

$88,793

Flat from 2023

Expenses

Flat

$190,394

Flat from 2023

Net Income

Flat

-$101,601

Flat from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2011: $2,654,475Liabilities 2011: $0Net Assets 2011: $2,654,4752011Assets 2012: $2,794,022Liabilities 2012: $0Net Assets 2012: $2,794,0222012Assets 2013: $2,974,858Liabilities 2013: $0Net Assets 2013: $2,974,8582013Assets 2014: $3,046,334Liabilities 2014: $0Net Assets 2014: $3,046,3342014Assets 2015: $3,054,069Liabilities 2015: $0Net Assets 2015: $3,054,0692015Assets 2016: $3,112,916Liabilities 2016: $6,000Net Assets 2016: $3,106,9162016Assets 2017: $3,174,726Liabilities 2017: $0Net Assets 2017: $3,174,7262017Assets 2018: $3,184,502Liabilities 2018: $0Net Assets 2018: $3,184,5022018Assets 2019: $3,421,202Liabilities 2019: $0Net Assets 2019: $3,421,2022019Assets 2020: $3,415,512Liabilities 2020: $0Net Assets 2020: $3,415,5122020Assets 2021: $3,552,855Liabilities 2021: $0Net Assets 2021: $3,552,8552021Assets 2022: $4,393,468Liabilities 2022: $0Net Assets 2022: $4,393,4682022Assets 2023: $4,291,867Liabilities 2023: $0Net Assets 2023: $4,291,8672023Assets 2023: $4,291,867Liabilities 2023: $0Net Assets 2023: $4,291,8672023Assets 2024: $4,453,134Liabilities 2024: $0Net Assets 2024: $4,453,1342024

Highlighted filing

2023

Assets$4,291,867
Liabilities$0
Net Assets$4,291,867

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2011: $118,5752011Expenses 2012: $122,9612012Revenue 2013: $299,934Expenses 2013: $119,098Net Income 2013: $180,8362013Revenue 2014: $206,900Expenses 2014: $135,424Net Income 2014: $71,4762014Revenue 2015: $136,352Expenses 2015: $128,617Net Income 2015: $7,7352015Revenue 2016: $182,710Expenses 2016: $129,863Net Income 2016: $52,8472016Revenue 2017: $235,713Expenses 2017: $167,163Net Income 2017: $68,5502017Revenue 2018: $136,443Expenses 2018: $126,667Net Income 2018: $9,7762018Revenue 2019: $376,468Expenses 2019: $139,768Net Income 2019: $236,7002019Revenue 2020: $150,935Expenses 2020: $156,625Net Income 2020: -$5,6902020Revenue 2021: $302,570Expenses 2021: $165,227Net Income 2021: $137,3432021Revenue 2022: $964,863Expenses 2022: $124,250Net Income 2022: $840,6132022Revenue 2023: $88,793Expenses 2023: $190,394Net Income 2023: -$101,6012023Revenue 2023: $88,793Expenses 2023: $190,394Net Income 2023: -$101,6012023Revenue 2024: $360,638Expenses 2024: $199,371Net Income 2024: $161,2672024

Highlighted filing

2023

Revenue$88,793
Expenses$190,394
Net Income-$101,601
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 10, 2024
Return Version
2023v5.0
Gross Receipts
$2,258,175
Mission and Program Overview

Mission

Support of other charitable organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$4,393,468$4,291,867▼ $101,601
Investments in Publicly Traded Securities$4,164,106$4,138,287▼ $25,819
Savings and Temporary Cash Investments$229,362$153,580▼ $75,782
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$4,393,468$4,291,867▼ $101,601
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,393,468$4,291,867▼ $101,601
Total Liabilities and Net Assets / Fund Balance$4,393,468$4,291,867▼ $101,601
Compensation and Service Providers

Employees

NameTitleBaseTotal
-Trustee$27,357$27,357
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$88,577
Other Revenue
$216
Change in Net Assets
$-101,601
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$161,963
Salaries, Compensation, and Employee Benefits$27,356
Other Expenses$1,075
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$161,963--$161,963
Current Officers, Directors, Trustees, and Key Employees$13,680$13,676-$27,356
Fees for Services Accounting$538$537-$1,075
Total Functional Expenses$176,181$14,213$0$190,394
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
CAL FARLEY'S BOYS RANCHAmarillo, TX-Scholarships$0
Harmony Family Services IncAbilene, TX-Scholarships$0
Texas a & M DevelopmentCollege Station, TX-Scholarships$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Line 11b explanation - the 990 is reviewed by the institutional trustee before it is filed.

Form 990, Part VI, Section C, Line 19

Some documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Simpson Charitable Trust
EIN
75-6362586
Phone
3256277100
Address
PO BOX 701, ABILENE, TX 79604

Signing Officer

Name
First Financial Trust Asset Mgmt
Title
Trustee
Phone
3256277100
Signed
2024-05-10
Discuss with paid preparer
Yes

Organization Details

Formed
1987
Legal Domicile
TX
Voting Board Members
1
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Eide Bailly Llp
Address
400 PINE ST STE 600, ABILENE, TX 79601-5190
Preparer
Jaclyn Denise Decker CPA
Phone
3256724000
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/MinimumAssetAmountGrp/RecoveriesPYDistriMinAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/CurrentYearAmt05494516
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/PriorYearAmt05342508
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/CurrentYearAmt0189423
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/PriorYearAmt0184183
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt03
IRS990ScheduleA/SupportedOrganizationsTotalCnt03
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0751255107
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1750808768
IRS990ScheduleA/SupportedOrgInformationGrp/EIN2742245072
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd11
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd21
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd110
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd25
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt20
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt040491
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt140491
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt280981
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0HARMONY FAMILY SERVICES
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1CAL FARLEY'S BOYS RANCH
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt2TEXAS A&M DEVELOPMENT FOUNDATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3NonFuncInd0X
IRS990ScheduleA/SupportSumAmt0161963
IRS990/ScheduleBRequiredInd00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt00
IRS990ScheduleI/RecipientTable/CashGrantAmt10
IRS990ScheduleI/RecipientTable/CashGrantAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt040491
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt180981
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt240491
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SCHOLARSHIPS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1SCHOLARSHIPS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2SCHOLARSHIPS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0HARMONY FAMILY SERVICES INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1TEXAS A & M DEVELOPMENT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2CAL FARLEY'S BOYS RANCH
IRS990ScheduleI/RecipientTable/RecipientEIN0751255107
IRS990ScheduleI/RecipientTable/RecipientEIN1742245072
IRS990ScheduleI/RecipientTable/RecipientEIN2750808768
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0305 GRAPE STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1401 GEORGE BUSH DR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2600 W 11TH
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ABILENE
IRS990ScheduleI/RecipientTable/USAddress/CityNm1COLLEGE STATION
IRS990ScheduleI/RecipientTable/USAddress/CityNm2AMARILLO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd079601
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd177840
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd279101
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANTS ARE MADE TO SPECIFIC TAX EXEMPT ORGANIZATIONS AS SPECIFIED BY THE LAST WILL AND TESTAMENT OF PAULINE B. SIMPSON.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV- ADDITIONAL SUPPLEMENTAL INFORMATION
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINE 11B EXPLANATION - THE 990 IS REVIEWED BY THE INSTITUTIONAL TRUSTEE BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SOME DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt04393468
IRS990/TotalAssetsEOYAmt04291867
IRS990/TotalAssetsGrp/BOYAmt04393468
IRS990/TotalAssetsGrp/EOYAmt04291867
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt014213
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0176181
IRS990/TotalFunctionalExpensesGrp/TotalAmt0190394
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04393468
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04291867
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0176181
IRS990/TotalReportableCompFromOrgAmt027357
IRS990/TotalRevenueGrp/ExclusionAmt088793
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt088793
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04393468
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04291867
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 701
IRS990/USAddress/CityNm0ABILENE
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd079604
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0FIRST FINANCIAL TRUST ASSET MGMT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum03256277100
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SIMPSON CHARITABLE TRUST
ReturnHeader/Filer/BusinessNameControlTxt0SIMP
ReturnHeader/Filer/EIN0756362586
ReturnHeader/Filer/PhoneNum03256277100
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 701
ReturnHeader/Filer/USAddress/CityNm0ABILENE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd079604
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0450250958
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EIDE BAILLY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0400 PINE ST STE 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ABILENE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0796015190
ReturnHeader/PreparerPersonGrp/PhoneNum03256724000
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-09

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.45$0.00$4.45$0.36$0.20$0.16
2023Detailed filing. Detailed filing data is available for this year.$4.29$0.00$4.29$0.09$0.19$0.10
2023Summary only. Only limited summary data is available for this year.$4.29$0.00$4.29$0.09$0.19$0.10
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.39$0.00$4.39$0.96$0.12$0.84
2021Summary only. Only limited summary data is available for this year.$3.55$0.00$3.55$0.30$0.17$0.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.42$0.00$3.42$0.15$0.16$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.42$0.00$3.42$0.38$0.14$0.24
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.18$0.00$3.18$0.14$0.13$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.17$0.00$3.17$0.24$0.17$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.11$0.01$3.11$0.18$0.13$0.05
2015Detailed filing. Detailed filing data is available for this year.$3.05$0.00$3.05$0.14$0.13$0.01
2014Detailed filing. Detailed filing data is available for this year.$3.05$0.00$3.05$0.21$0.14$0.07
2013Detailed filing. Detailed filing data is available for this year.$2.97$0.00$2.97$0.30$0.12$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.79$0.00$2.79$0.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.65$0.00$2.65$0.12