Fuller Theological Seminary is a 501(c)(3) organization based in Pasadena, California, registered in 1952, with $59,918,315 in FY2023 revenue. CharityIndex grades it A, and it directs about 78% of spending to programs.
Revenue (FY2023)
$59.9M
▲ 3.1% vs prior year
Education median: $200K
Expenses (FY2023)
$64.9M
Net assets
$256.2M
Employees
1,036
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Fuller Theological Seminary: 78% to programs · $14 to raise $100 earns a B+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Fuller Theological Seminary: 47 mo reserves · -8% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Fuller Theological Seminary: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Fuller Theological Seminary: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Provides graduate degrees in theology, psychology, intercultural studies & operates psych center.
For over 50 years, fuller psychological and family services (fpfs) has played a vital role in providing high-quality and affordable mental health care to individuals and families in pasadena and surrounding communities. what makes fpfs unique from other mental health outpatient clinics is that all fpfs therapists are trained to relate to you in a holistic manner - mind, body, and spirit - without imposing a worldview on you. accordingly, we welcome people of all faith traditions.
Fuller offers a full range of affordable apartment-style housing options for eligible graduate students and their family members, year round, located in the heart of pasadena, just minutes away from campus.
Revenue held steady from $59.6M (FY2013) to $59.9M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-8.2%
Spent more than it raised in the latest fiscal year.
Total assets
$296.8M
Total liabilities
$40.6M
Net assets
$256.2M
Salaries & benefits
$34.6M
53% of expenses
Board members
30
29 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $59,918,315▲3.1% | $64,856,032▲1.2% | $256,200,290▲5.2% | $296,847,896▼0.3% | 990 |
| 2022 | $58,133,640▼14.1% | $64,107,578▲12.2% | $243,642,703▲1.8% | $297,698,059▲4.1% | 990 |
| 2021 | $67,640,860▼9.4% | $57,116,246▲2.0% | $239,370,118▼7.5% | $285,986,246▼6.2% | 990 |
| 2020 | $74,681,453▲52.6% | $56,005,313▼11.1% | $258,821,306▲29.9% | $304,802,113▲18.6% | 990 |
| 2019 | $48,939,173▼7.6% | $63,023,211▼5.6% | $199,225,458▼5.8% | $257,080,633▼3.0% | 990 |
| 2018 | $52,971,104▼0.3% | $66,732,981▼0.9% | $211,433,598▼4.3% | $265,062,633▼2.6% | 990 |
| 2017 | $53,143,149▼29.1% | $67,352,815▼3.0% | $220,955,928▼0.5% | $272,224,260▼1.2% | 990 |
| 2016 | $74,987,258▲34.5% | $69,417,221▼2.4% | $222,019,948▲7.5% | $275,398,883▼2.6% | 990 |
| 2015 | $55,733,962▼18.2% | $71,100,855▼2.6% | $206,567,681▼12.6% | $282,835,308▼10.0% | 990 |
| 2014 | $68,122,744▲14.2% | $72,984,430▲11.1% | $236,376,012▼3.6% | $314,362,185▼1.4% | 990 |
| 2013 | $59,641,532 | $65,694,627▲6.6% | $245,195,751▲16.4% | $318,837,490▲8.8% | 990 |
| 2012 | — | $61,623,947▲5.3% | $210,726,614▲3.0% | $292,971,949▲2.0% | 990 |
| 2011 | — | $58,494,951▼1.3% | $204,530,380▲0.8% | $287,246,293▲1.4% | 990 |
| 2010 | — | $59,256,126▲5.4% | $202,960,894▲16.9% | $283,353,490▲10.7% | 990 |
| 2009 | — | $56,232,192 | $173,589,732 | $256,055,868 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: David E Goatley — $294,706 (0.45% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| David E Goatley | President/trustee | 40 | $294,706 |
| Raymond M Asad | Cfo and Secretary of the Board | 40 | $251,677 |
| Theopolis Cosse | Dean of School of Psychology (part Year) | 40 | $246,941 |
| Lance Griffin | General Counsel | 40 | $211,377 |
| Alexis Abernathy | Chief Academic Officer | 40 | $196,948 |
| Jacob Mulder | Assistant Chief of Leadership Formation | 40 | $185,328 |
| Bernadette J O'halloran | Chief of Hr Ganizational Development | 40 | $156,304 |
| Kenneth Tzuchien Wang | Professor | 40 | $154,541 |
| Lisseth Rojas-flores | Professor | 40 | $153,753 |
| Mark Labberton | President Emeritus | 0 | $146,617 |
| Cynthia Blomquist Erikkson | Dean of School of Psychology | 40 | $138,598 |
| Jeffrey Harwell | Chief Technology Officer | 40 | $134,095 |
| Sebastian Kim | Interim Dean of School of Mission and Theology | 40 | $101,472 |
| C Jeffrey Wright | Trustee | 0.1 | — |
| Clifford L Penner | Trustee/chair Tac | 0.1 | — |
| Dale C Wong | Trustee/chair Jic | 0.1 | — |
| Daniel D Meyer | Chair/trustee | 0.1 | — |
| Daniel Fong | Trustee | 0.1 | — |
| Daniel L Chun | Trustee | 0.1 | — |
| Daniel L Villanueva | Treasurer/trustee/chair Ops | 0.1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Ellucian Company LP | Admin/academic Software | $502,998 |
| Whiteboard Network LLC | Creative Agency | $443,158 |
| Proactive Property Management | Property Management | $398,433 |
| Alice Avenue LLC | Property Management | $266,946 |
| Pyramid Interiors Inc | Construction | $235,871 |
138 grants to Fuller Theological Seminary totaling $23.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Greater Houston Community Foundation | Educational | 2024 | $1,250,000 |
| National Christian Charitable Foundation | Student ministry | 2024 | $352,600 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $230,000 |
| International Generosity Foundation Trust | Promotion of christian faith | 2024 | $75,000 |
| The Dallas Foundation | General support | 2024 | $50,000 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $50,000 |
| Christian Community Foundation Inc | Scholarship fund support | 2024 | $45,000 |
| Tyndale House Ministries | General program support | 2024 | $37,000 |
| Ayco Charitable Foundation | Education | 2024 | $20,000 |
| American Endowment Foundation | Educational | 2024 | $20,000 |
| American Online Giving Foundation Inc | General support | 2024 | $11,257 |
| American Association For the Advancement of Science | Science in theological education | 2024 | $11,250 |
| Community Foundation of Jackson Hole | General operating support | 2024 | $10,000 |
| Servant Foundation | Religious ministry | 2024 | $10,000 |
| Silicon Valley Community Foundation | Education | 2024 | $6,000 |
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Data for Fuller Theological Seminary (EIN 95-1699394) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.