Charles Simeon Trust
Nonprofit profile at a glance
- EIN
- 367342471
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Chicago, IL, USA
- Phone
- (773) 752-9876
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
- Affiliation
- Christianity
Reported finances
- Revenue
- $2,386,506
- Expenses
- $2,319,236
- Assets
- $5,686,580
- Liabilities
- $13,937
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Highest reported compensation
- JEREMY MEEKS (DIR.-CHICAGO): $128,175 total reported compensation
- ROBERT S KINNEY (DIR. OF MINI): $122,983 total reported compensation
- DAVID R HELM (CHAIRMAN): $69,573 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Charles Simeon Trust was founded to promote the growth of the gospel of Jesus Christ throughout the world by training up the next generation of Biblical expositors. Colleen joined the Charles Simeon Trust in 2007 and serves as the Director of Women’s Workshops, where she is responsible for all activities related to the Workshops for women Bible teachers. Prior to working with the Trust, she was in the corporate world for several years in sales and marketing. Colleen earned a bachelor’s degree in Business Administration from the College of Business, the University of Illinois at Urbana-Champaign, and a Master of Divinity from Trinity Evangelical Divinity School. Colleen and her husband, Kevin, live in the Philadelphia area, where he teaches New Testament at Cairn University. They are members of First Baptist Church of Wycombe. She also serves on the boar.
What it reported doing in 2024
Online courses - provides training in effectively studying the bible and teaching from your bible study effectively. These courses are available online.
Operating model
- Revenue model
- Donor-supported. 65% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. The filing reports few safeguards for money sent abroad and the filing does not identify recipients for some grant dollars.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 55
- Accountability: 94
- Sustainability: 54
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.5%; rating input score 85
- Program expense ratio: 82.5%; rating input score 82
- Fundraising efficiency: $11.11 raised per $1 spent on fundraising; rating input score 41; 41st percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: Scored; rating input score 0
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 88.9%; rating input score 89; 20th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 2.8%; rating input score 44; 44th percentile among comparable filings
- Total-asset coverage ratio: 2.45; rating input score 68; 68th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
- Officer compensation ratio: 14.1%; rating input score 20; 20th percentile among comparable filings
Growth
- Program expense growth: 14.6% per year; rating input score 100; 77th percentile among comparable filings
- Revenue growth: 14.2% per year; rating input score 100; 80th percentile among comparable filings
- Asset growth: 23.1% per year; rating input score 100; 88th percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site · 3 operating locations identified
- Where the money goes: 84.5% of revenue deployed · 82.5% of spending went to programs
- Governance: 8 of 9 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $1.9M in reported program spending
- Leadership: top reported pay $128K · 11 people listed
- Consistency: 33 of 33 current checks pass
- Schedules: 6 filed schedules · includes major donors and foreign activity
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- Moderate — Financial Efficiency: Fundraising efficiency scored 41/100.
- Moderate — Sustainability: Operating margin scored 44/100.
- High — Sustainability: Officer compensation ratio scored 20/100.