San Simeon Fund
San Simeon Fund maintains strong asset growth and zero officer compensation amidst fluctuating revenues.
EIN: 201986583 · San Francisco, CA · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $31.2M |
| Total Expenses | $970K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $65 |
| Net Assets | $59.6M |
| Transparency Score | 90/100 |
Is San Simeon Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
San Simeon Fund directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About San Simeon Fund
San Simeon Fund (EIN: 201986583) is a nonprofit organization based in San Francisco, CA, classified under NTEE code T22. The organization reported total revenue of $31.2M and total assets of $65.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of San Simeon Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
San Simeon Fund is a large nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.6M |
| Total Expenses | $970K |
| Surplus / Deficit | +$3.7M |
| Total Assets | $59.6M |
| Total Liabilities | $1 |
| Net Assets | $59.6M |
| Operating Margin | 79.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 737.5 months |
Financial Health Grade: A
In 2023, San Simeon Fund reported a surplus of $3.7M with revenue exceeding expenses, holds 737.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), San Simeon Fund's revenue has declined at a compound annual growth rate (CAGR) of -6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +69.9% | -65.4% | +6.6% |
| 2022 | -38.6% | -24.7% | -0.1% |
| 2021 | +62.5% | -40.2% | +1.3% |
| 2020 | -68.0% | +25.4% | -5.9% |
| 2019 | +542.1% | +3.8% | +8.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates San Simeon Fund with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, San Simeon Fund allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or key employees receive compensation from the organization, which is highly commendable for an organization of its size with assets exceeding $65 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of San Simeon Fund's IRS 990 filings:
- Lack of detailed expense breakdown in provided data makes precise spending efficiency analysis difficult.
Strengths
The following positive indicators were identified for San Simeon Fund:
- Consistent asset growth, from $34,686,142 in 2011 to $65,024,046 currently.
- Zero officer compensation reported across all filings, indicating high financial prudence.
- Minimal to zero liabilities reported consistently, demonstrating strong financial stability.
- Significant latest revenue of $31,198,074, showing strong fundraising capacity.
Frequently Asked Questions about San Simeon Fund
Is San Simeon Fund a legitimate charity?
San Simeon Fund (EIN: 201986583) is a registered tax-exempt nonprofit based in California. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $31.2M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does San Simeon Fund spend its money?
San Simeon Fund directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to San Simeon Fund tax-deductible?
San Simeon Fund is registered as a tax-exempt nonprofit (EIN: 201986583). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the San Simeon Fund CEO make?
San Simeon Fund's highest-compensated officer earns $65 annually. The organization reported $31.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of San Simeon Fund's spending goes to programs?
San Simeon Fund directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does San Simeon Fund compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), San Simeon Fund is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is San Simeon Fund located?
San Simeon Fund is headquartered in San Francisco, California and files with the IRS under EIN 201986583. It is classified under NTEE code T22.
How many years of IRS 990 filings does San Simeon Fund have?
San Simeon Fund has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $31.2M in total revenue.
Is San Simeon Fund a good charity?
Based on the available data, San Simeon Fund appears to be a very good charity. It demonstrates strong financial health with substantial assets ($65,024,046), minimal liabilities, and a remarkable commitment to not paying officer compensation (0% reported). This suggests a high dedication to its mission and efficient use of donor funds.
How has San Simeon Fund's financial health changed over time?
The organization's financial health has generally strengthened over time. Assets have grown significantly from $34,686,142 in 2011 to $65,024,046 currently. While revenues and expenses have fluctuated year-to-year, the overall trend shows consistent asset accumulation and very low liabilities, indicating robust financial management.
What is the organization's approach to executive compensation?
The San Simeon Fund has a highly commendable approach to executive compensation, consistently reporting 0% officer compensation across all ten available filings. This indicates that no officers or key employees are compensated by the organization, directing more resources towards its mission.
Filing History
IRS 990 filing history for San Simeon Fund showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), San Simeon Fund's revenue has declined by 56.2%, moving from $10.6M to $4.6M. Total assets increased by 71.9% over the same period, from $34.7M to $59.6M. Total functional expenses fell by 52%, from $2.0M to $970K. In its most recent filing year (2023), San Simeon Fund reported a surplus of $3.7M, with revenue exceeding expenses. The organization holds $1 in liabilities against $59.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $59.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.6M | $970K | $59.6M | $1 | — | View 990 |
| 2022 | $2.7M | $2.8M | $56.0M | $1 | — | View 990 |
| 2021 | $4.5M | $3.7M | $56.0M | $1 | — | View 990 |
| 2020 | $2.7M | $6.2M | $55.3M | $1 | — | — |
| 2019 | $8.6M | $5.0M | $58.8M | $0 | — | View 990 |
| 2015 | $1.3M | $4.8M | $54.0M | $0 | — | View 990 |
| 2014 | $12.1M | $4.6M | $57.4M | $0 | — | View 990 |
| 2013 | $8.6M | $2.4M | $49.9M | $0 | — | View 990 |
| 2012 | $12.5M | $3.6M | $43.6M | $0 | — | View 990 |
| 2011 | $10.6M | $2.0M | $34.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.6M, expenses of $970K, and assets of $59.6M (revenue +69.9% year-over-year).
- 2022: Revenue of $2.7M, expenses of $2.8M, and assets of $56.0M (revenue -38.6% year-over-year).
- 2021: Revenue of $4.5M, expenses of $3.7M, and assets of $56.0M (revenue +62.5% year-over-year).
- 2020: Revenue of $2.7M, expenses of $6.2M, and assets of $55.3M (revenue -68.0% year-over-year).
- 2019: Revenue of $8.6M, expenses of $5.0M, and assets of $58.8M (revenue +542.1% year-over-year).
- 2015: Revenue of $1.3M, expenses of $4.8M, and assets of $54.0M (revenue -89.0% year-over-year).
- 2014: Revenue of $12.1M, expenses of $4.6M, and assets of $57.4M (revenue +40.4% year-over-year).
- 2013: Revenue of $8.6M, expenses of $2.4M, and assets of $49.9M (revenue -31.0% year-over-year).
- 2012: Revenue of $12.5M, expenses of $3.6M, and assets of $43.6M (revenue +17.8% year-over-year).
- 2011: Revenue of $10.6M, expenses of $2.0M, and assets of $34.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for San Simeon Fund:
Data Sources and Methodology
This transparency report for San Simeon Fund is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.