Civic Intelligence

Seattle Pacific Foundation

990 • Fiscal year 2022 • EIN 91-1068276

Jul 01, 2021 to Jun 30, 2022 • Filed on May 15, 2023

3307 Third Avenue WestSeattle, WA 98119

(206) 281-2810

Siviq Scores

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

Liabilities / Assets

90th percentile

0.97x

Higher debt load relative to assets than 90% of similar nonprofits.

2022 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2022

Liabilities / Revenue

100th percentile

265.47x

Higher debt load relative to revenue than 100% of similar nonprofits.

2022 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2022

Net Margin

72nd percentile

18%

Higher net margin than 72% of similar nonprofits.

2022 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2022

Top Officer Pay

26th percentile

$299,858

Higher top officer pay than 26% of similar nonprofits.

Top officer pay equals 42.7% of source-year revenue.

2022 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2022

Asset Growth

31st percentile

-6.6%

Faster asset growth than 31% of similar nonprofits.

2022 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2021 to 2022

Revenue Growth

30th percentile

-4.8%

Faster revenue growth than 30% of similar nonprofits.

2022 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2021 to 2022

Assets

Down

$192,980,421

Down $13,592,139 (-6.6%) from 2021

Net Assets

Down

$6,748,833

Down $63,994 (-0.9%) from 2021

Liabilities

Down

$186,231,588

Down $13,528,145 (-6.8%) from 2021

Revenue

Down

$701,525

Down $35,080 (-4.8%) from 2021

Expenses

Down

$578,576

Down $239,275 (-29%) from 2021

Net Income

Up

$122,949

Up $204,195 (+251%) from 2021

Historical Trend

Balance Sheet Trend

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

$300M$200M$100M$0Assets 2011: $90,731,305Liabilities 2011: $86,856,578Net Assets 2011: $3,874,7272011Assets 2012: $94,466,760Liabilities 2012: $90,861,364Net Assets 2012: $3,605,3962012Assets 2013: $108,541,848Liabilities 2013: $104,684,457Net Assets 2013: $3,857,3912013Assets 2014: $114,236,120Liabilities 2014: $109,378,039Net Assets 2014: $4,858,0812014Assets 2015: $120,929,340Liabilities 2015: $115,969,367Net Assets 2015: $4,959,9732015Assets 2016: $125,554,701Liabilities 2016: $120,832,751Net Assets 2016: $4,721,9502016Assets 2017: $137,423,500Liabilities 2017: $132,559,306Net Assets 2017: $4,864,1942017Assets 2018: $149,356,618Liabilities 2018: $144,178,797Net Assets 2018: $5,177,8212018Assets 2019: $154,140,478Liabilities 2019: $148,527,168Net Assets 2019: $5,613,3102019Assets 2020: $154,760,764Liabilities 2020: $149,142,848Net Assets 2020: $5,617,9162020Assets 2021: $206,572,560Liabilities 2021: $199,759,733Net Assets 2021: $6,812,8272021Assets 2022: $192,980,421Liabilities 2022: $186,231,588Net Assets 2022: $6,748,8332022Assets 2023: $195,397,156Liabilities 2023: $187,748,557Net Assets 2023: $7,648,5992023Assets 2024: $192,654,670Liabilities 2024: $184,430,693Net Assets 2024: $8,223,9772024

Highlighted filing

2022

Assets$192,980,421
Liabilities$186,231,588
Net Assets$6,748,833

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $600,717Expenses 2011: $465,580Net Income 2011: $135,1372011Revenue 2012: $484,363Expenses 2012: $593,604Net Income 2012: -$109,2412012Revenue 2013: $558,075Expenses 2013: $528,933Net Income 2013: $29,1422013Revenue 2014: $648,802Expenses 2014: $553,480Net Income 2014: $95,3222014Revenue 2015: $639,990Expenses 2015: $484,414Net Income 2015: $155,5762015Revenue 2016: $629,325Expenses 2016: $887,518Net Income 2016: -$258,1932016Revenue 2017: $727,531Expenses 2017: $1,027,313Net Income 2017: -$299,7822017Revenue 2018: $859,215Expenses 2018: $807,413Net Income 2018: $51,8022018Revenue 2019: $776,064Expenses 2019: $601,541Net Income 2019: $174,5232019Revenue 2020: $797,066Expenses 2020: $928,791Net Income 2020: -$131,7252020Revenue 2021: $736,605Expenses 2021: $817,851Net Income 2021: -$81,2462021Revenue 2022: $701,525Expenses 2022: $578,576Net Income 2022: $122,9492022Revenue 2023: $919,064Expenses 2023: $872,333Net Income 2023: $46,7312023Revenue 2024: $980,258Expenses 2024: $1,320,124Net Income 2024: -$339,8662024

Highlighted filing

2022

Revenue$701,525
Expenses$578,576
Net Income$122,949
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 15, 2023
Return Version
2021v4.2
Gross Receipts
$1,177,784
Mission and Program Overview

Mission

To support seattle pacific university. The foundation may make gifts and grants to other religious, educational and charitable organizations as determined by the board of directors.

To support goals and activities of seattle pacific university and other educational, religious, and charitable organizations through the investment of endowment and trust assets and the management of trusts and annuities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$100,588,543$89,588,915▼ $10,999,628
Investments in Publicly Traded Securities$79,349,398$77,070,412▼ $2,278,986
Savings and Temporary Cash Investments$16,446,599$14,050,917▼ $2,395,682
Land, Buildings, and Equipment, Net$9,575,000$11,975,000▲ $2,400,000
Other Notes and Loans Receivable, Net$470,188$153,450▼ $316,738
Accounts Receivable$142,832$141,727▼ $1,105
Total Assets$206,572,560$192,980,421▼ $13,592,139
Liabilities
Other Liabilities$199,758,405$186,222,351▼ $13,536,054
Accounts Payable and Accrued Expenses$1,328$9,237▲ $7,909
Total Liabilities$199,759,733$186,231,588▼ $13,528,145
Net Assets / Fund Balance
Net Assets With Donor Restrictions$5,809,539$5,648,713▼ $160,826
Net Assets Without Donor Restrictions$1,003,288$1,100,120▲ $96,832
Total Net Assets Fund Balance$6,812,827$6,748,833▼ $63,994
Total Liabilities and Net Assets / Fund Balance$206,572,560$192,980,421▼ $13,592,139

Asset Categories

AssetBook ValueDepreciationBasis
Land$11,975,000--
Other Securities$89,588,915--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brian FickenTreasurerFT$131,755$26,402$158,157
Donald W MortensonVice ChairPT-$139,773$139,773

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$86,641
Other Revenue
$614,884
Change in Net Assets
$122,949

Audited Revenue Reconciliation

Revenue per Audited Statements
$663,816
Revenue Not Reported on Financial Statements
$37,709
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$37,709
Total Revenue per Audited Statements
$663,816
Total Revenue per Form 990
$701,525
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$431,230
Other Expenses$123,633
Grants and Similar Amounts Paid$23,713
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$141,606$60,688-$202,294
Other Salaries and Wages$118,663$50,856-$169,519
Other Employee Benefits$41,592$17,825-$59,417
Occupancy$39,545--$39,545
Fees for Services Accounting$34,445--$34,445
Fees for Services Legal$24,906--$24,906
Grants to Domestic Orgs$23,713--$23,713
All Other Expenses$12,669--$12,669
Other Expenses$21,119$7,271-$7,271
Travel$2,456--$2,456
Total Functional Expenses$460,714$117,862$0$578,576

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$578,576
Expenses per Audited Statements$567,484
Total Expenses per Audited Statements$567,484
Expenses Not Reported on Financial Statements$11,092
Other Expense Adjustments$527
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Seattle Pacific UniversitySeattle, WA501(c)(3)Endowment Fund.$23,671
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Investments Managed on Behalf of the University$180,367,340
Investments Managed on Behalf of Entities Supporting the University$3,247,665
Trust Obligations$1,431,768
Trust Funds Held for Other Charities$1,175,578
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7B

The seattle pacific university board of trustees approved the re-appointment of foundation board members whose terms expired during the year.

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

The foundation posts the form 990 on a secure website for the directors to access and they are notified of this and invited to review the 990 prior to filing. The directors receive a link to the website that allows them to access the return.

Form 990, Part VI, Section B, Line 12C

Once a year, conflict of interest questionaires are sent to the officers, directors and key employees along with requests of other information that is needed for completion of the form 990 return. Those surveys are then reviewed for conflicts and a determination is made as to what, if any, action is needed.

Form 990, Part VI, Section B, Line 15

The compensation of the treasurer reported on part vii, section a, line 1a, column d, is independently determined by the organization's vice chair and the ceo of the university that directly controls the organization. The compensation is determined by benchmarking to industry surveys. Compensation reported on part vii, section a, line 1a, column e is paid to the vice chair who is employed by the controlling university (related entity), set independently by the university's governing board and based on benchmarking to surveys of comparable entities.

Form 990, Part VI, Section C, Line 19

The foundation makes its governing documents, conflict of interest policy and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Seattle Pacific Foundation
EIN
91-1068276
Phone
2062812810
Address
3307 THIRD AVENUE WEST, SEATTLE, WA 98119

Signing Officer

Name
Brian Ficken
Title
Treasurer
Phone
2062812390
Signed
2023-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Ficken
Formed
1979
Legal Domicile
Wa
Voting Board Members
6
Independent Board Members
5
Employees
4
Volunteers
0

Preparer

Firm
Capstone Cpas
Address
1325 FOURTH AVE SUITE 1430, SEATTLE, WA 98101
Preparer
Tm Friedrichsen
Phone
2067343780
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Changes in the value of split-interest agreements -160,326. Northpoint, llc income -26,617.

FORM 990, PART 1, LINE 5:

The related entity which directly controls the organization also provides payroll services and benefits for all employees of the organization and issues w-2s under the related entity's name and federal id number (91-0565553). All compensation costs are charged to and treated as expenses of the organization.

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Northpoint, llc income 37,182. Interest income on tax refund 527.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Interest income on tax refund 527.

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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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IRS990/OtherExpensesGrp/TotalAmt121119
IRS990/OtherExpensesGrp/TotalAmt210523
IRS990/OtherExpensesGrp/TotalAmt37271
IRS990/OtherLiabilitiesGrp/BOYAmt0199758405
IRS990/OtherLiabilitiesGrp/EOYAmt0186222351
IRS990/OtherRevenueMiscGrp/BusinessCd0525920
IRS990/OtherRevenueMiscGrp/BusinessCd1525920
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0INVESTMENT MANAGEMENT
IRS990/OtherRevenueMiscGrp/Desc1TRUST MANAGEMENT FEES
IRS990/OtherRevenueMiscGrp/Desc2NORTHPOINT, LLC FORM 1
IRS990/OtherRevenueMiscGrp/ExclusionAmt0-32
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0600517
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt115029
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0600517
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt115029
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2-32
IRS990/OtherRevenueTotalAmt0615514
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt050856
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0118663
IRS990/OtherSalariesAndWagesGrp/TotalAmt0169519
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0470188
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0153450
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0BRIAN FICKEN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0CHARITABLE CONTRIBUTIONS REPORTED ON FORM 1065 SCHEDULE K-1 FOR NORTHPOINT, LLC.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt042
IRS990/ProgSrvcAccomActy2Grp/GrantAmt042
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt028918
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0160990
IRS990/PYInvestmentIncomeAmt023750
IRS990/PYOtherExpensesAmt0261529
IRS990/PYOtherRevenueAmt0683937
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-81246
IRS990/PYSalariesCompEmpBnftPaidAmt0395332
IRS990/PYTotalExpensesAmt0817851
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0736605
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0122949
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0-630
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt016446599
IRS990/SavingsAndTempCashInvstGrp/EOYAmt014050917
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0910565553
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt023671
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0SEATTLE PACIFIC UNIVERSITY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt023671
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt011092
IRS990ScheduleD/ExpensesSubtotalAmt0567484
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt010565
IRS990ScheduleD/LandGrp/BookValueAmt011975000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt011975000
IRS990ScheduleD/OtherExpensesNotIncludedAmt0527
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0180367340
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13247665
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21175578
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt31431768
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INVESTMENTS MANAGED ON BEHALF OF THE UNIVERSITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1INVESTMENTS MANAGED ON BEHALF OF ENTITIES SUPPORTING THE UNIVERSITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2TRUST FUNDS HELD FOR OTHER CHARITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3TRUST OBLIGATIONS
IRS990ScheduleD/OtherRevenuesNotIncludedAmt037709
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt089588915
IRS990ScheduleD/OtherSecuritiesGrp/Desc0LIMITED PARTNERSHIP INTERESTS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt037709
IRS990ScheduleD/RevenueSubtotalAmt0663816
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0NORTHPOINT, LLC INCOME 37,182. INTEREST INCOME ON TAX REFUND 527.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1INTEREST INCOME ON TAX REFUND 527.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt011975000
IRS990ScheduleD/TotalBookValueSecuritiesAmt089588915
IRS990ScheduleD/TotalExpensesPerForm990Amt0578576
IRS990ScheduleD/TotalLiabilityAmt0186222351
IRS990ScheduleD/TotalRevenuePerForm990Amt0701525
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0663816
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0567484
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt023671
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0ENDOWMENT FUND.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SEATTLE PACIFIC UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientEIN0910565553
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt03307 THIRD AVE W
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SEATTLE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0WA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd098119
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANT DISBURSEMENTS FOR THE FOUNDATION'S EXEMPT PROGRAM ARE MADE IN ACCORDANCE WITH THE EXEMPT PURPOSE FOR WHICH THE FOUNDATION WAS ORGANIZED, AND WITH PROCEDURES AND CONDITIONS APPROVED BY THE FOUNDATION'S BOARD OF DIRECTORS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1131755
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0260324
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt19278
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt019580
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt116864
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt017416
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt1260
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt02538
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0CRAIG KISPERT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1BRIAN FICKEN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1158157
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0299858
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SEATTLE PACIFIC UNIVERSITY BOARD OF TRUSTEES APPROVED THE RE-APPOINTMENT OF FOUNDATION BOARD MEMBERS WHOSE TERMS EXPIRED DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION POSTS THE FORM 990 ON A SECURE WEBSITE FOR THE DIRECTORS TO ACCESS AND THEY ARE NOTIFIED OF THIS AND INVITED TO REVIEW THE 990 PRIOR TO FILING. THE DIRECTORS RECEIVE A LINK TO THE WEBSITE THAT ALLOWS THEM TO ACCESS THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ONCE A YEAR, CONFLICT OF INTEREST QUESTIONAIRES ARE SENT TO THE OFFICERS, DIRECTORS AND KEY EMPLOYEES ALONG WITH REQUESTS OF OTHER INFORMATION THAT IS NEEDED FOR COMPLETION OF THE FORM 990 RETURN. THOSE SURVEYS ARE THEN REVIEWED FOR CONFLICTS AND A DETERMINATION IS MADE AS TO WHAT, IF ANY, ACTION IS NEEDED.

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$193$184$8.22$0.98$1.32$0.34
2023Summary only. Only limited summary data is available for this year.$195$188$7.65$0.92$0.87$0.05
2022Detailed filing. Detailed filing data is available for this year.$193$186$6.75$0.70$0.58$0.12
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$207$200$6.81$0.74$0.82$0.08
2020Summary only. Only limited summary data is available for this year.$155$149$5.62$0.80$0.93$0.13
2019Summary only. Only limited summary data is available for this year.$154$149$5.61$0.78$0.60$0.17
2018Summary only. Only limited summary data is available for this year.$149$144$5.18$0.86$0.81$0.05
2017Summary only. Only limited summary data is available for this year.$137$133$4.86$0.73$1.03$0.30
2016Summary only. Only limited summary data is available for this year.$126$121$4.72$0.63$0.89$0.26
2015Summary only. Only limited summary data is available for this year.$121$116$4.96$0.64$0.48$0.16
2014Summary only. Only limited summary data is available for this year.$114$109$4.86$0.65$0.55$0.10
2013Summary only. Only limited summary data is available for this year.$109$105$3.86$0.56$0.53$0.03
2012Summary only. Only limited summary data is available for this year.$94.5$90.9$3.61$0.48$0.59$0.11
2011Summary only. Only limited summary data is available for this year.$90.7$86.9$3.87$0.60$0.47$0.14