Civic Intelligence

Saranam LLC

990 • Fiscal year 2015 • EIN 20-2036621

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 12, 2016

201 University Ave NEAlbuquerque, NM 87106

(505) 299-6154

Siviq Scores

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

Liabilities / Assets

30th percentile

0.08x

Higher debt load relative to assets than 30% of similar nonprofits.

2015 filings • NTEE L • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

11th percentile

0.03x

Higher debt load relative to revenue than 11% of similar nonprofits.

2015 filings • NTEE L • $500k-$1M nonprofits • Source year 2015

Net Margin

53rd percentile

-3.4%

Higher net margin than 53% of similar nonprofits.

2015 filings • NTEE L • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

56th percentile

$0

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • NTEE L • $500k-$1M nonprofits • Source year 2015

Asset Growth

17th percentile

-6.7%

Faster asset growth than 17% of similar nonprofits.

2015 filings • NTEE L • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

22nd percentile

-4.9%

Faster revenue growth than 22% of similar nonprofits.

2015 filings • NTEE L • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$212,278

Down $15,191 (-6.7%) from 2014

Net Assets

Down

$195,285

Down $20,367 (-9.4%) from 2014

Liabilities

Up

$16,993

Up $5,176 (+44%) from 2014

Revenue

Down

$596,036

Down $30,884 (-4.9%) from 2014

Expenses

Up

$616,403

Up $54,775 (+9.8%) from 2014

Net Income

Down

-$20,367

Down $85,659 (-131%) from 2014

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $120,209Liabilities 2010: $8,010Net Assets 2010: $112,1992010Assets 2011: $155,621Liabilities 2011: $11,322Net Assets 2011: $144,2992011Assets 2012: $169,667Liabilities 2012: $9,902Net Assets 2012: $159,7652012Assets 2013: $154,393Liabilities 2013: $4,033Net Assets 2013: $150,3602013Assets 2014: $227,469Liabilities 2014: $11,817Net Assets 2014: $215,6522014Assets 2015: $212,278Liabilities 2015: $16,993Net Assets 2015: $195,2852015Assets 2016: $270,980Liabilities 2016: $18,962Net Assets 2016: $252,0182016Assets 2017: $409,747Liabilities 2017: $14,247Net Assets 2017: $395,5002017Assets 2018: $650,856Liabilities 2018: $25,023Net Assets 2018: $625,8332018Assets 2019: $1,014,174Liabilities 2019: $33,623Net Assets 2019: $980,5512019Assets 2020: $1,696,264Liabilities 2020: $144,005Net Assets 2020: $1,552,2592020Assets 2021: $7,396,865Liabilities 2021: $888,913Net Assets 2021: $6,507,9522021Assets 2022: $8,474,638Liabilities 2022: $796,163Net Assets 2022: $7,678,4752022Assets 2023: $9,703,172Liabilities 2023: $1,085,556Net Assets 2023: $8,617,6162023Assets 2024: $12,785,140Liabilities 2024: $1,059,295Net Assets 2024: $11,725,8452024

Highlighted filing

2015

Assets$212,278
Liabilities$16,993
Net Assets$195,285

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $295,6762010Expenses 2011: $342,1862011Expenses 2012: $390,4722012Revenue 2013: $429,855Expenses 2013: $439,260Net Income 2013: -$9,4052013Revenue 2014: $626,920Expenses 2014: $561,628Net Income 2014: $65,2922014Revenue 2015: $596,036Expenses 2015: $616,403Net Income 2015: -$20,3672015Revenue 2016: $750,936Expenses 2016: $694,203Net Income 2016: $56,7332016Revenue 2017: $783,964Expenses 2017: $640,482Net Income 2017: $143,4822017Revenue 2018: $934,013Expenses 2018: $693,680Net Income 2018: $240,3332018Revenue 2019: $1,243,904Expenses 2019: $889,186Net Income 2019: $354,7182019Revenue 2020: $1,541,479Expenses 2020: $1,050,113Net Income 2020: $491,3662020Revenue 2021: $6,220,441Expenses 2021: $1,264,748Net Income 2021: $4,955,6932021Revenue 2022: $2,661,620Expenses 2022: $1,364,064Net Income 2022: $1,297,5562022Revenue 2023: $2,744,630Expenses 2023: $1,811,454Net Income 2023: $933,1762023Revenue 2024: $4,757,069Expenses 2024: $2,076,506Net Income 2024: $2,680,5632024

Highlighted filing

2015

Revenue$596,036
Expenses$616,403
Net Income-$20,367
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 12, 2016
Return Version
2015v2.1
Gross Receipts
$596,988
Mission and Program Overview

Mission

Vision-to transform the lives of homeless families mission-to empower families to end their homelessness and poverty through housing, education and supportive communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$121,392$140,421▲ $19,029
Land, Buildings, and Equipment, Net$62,476$58,264▼ $4,212
Pledges and Grants Receivable$28,116$10,619▼ $17,497
Prepaid Expenses and Deferred Charges$15,485$2,974▼ $12,511
Total Assets$227,469$212,278▼ $15,191
Liabilities
Accounts Payable and Accrued Expenses$11,817$16,993▲ $5,176
Total Liabilities$11,817$16,993▲ $5,176
Net Assets / Fund Balance
Unrestricted Net Assets$150,652$136,285▼ $14,367
Permanently Rstr Net Assets$50,000$50,000→ $0
Temporarily Rstr Net Assets$15,000$9,000▼ $6,000
Total Net Assets Fund Balance$215,652$195,285▼ $20,367
Total Liabilities and Net Assets / Fund Balance$227,469$212,278▼ $15,191

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$58,264$4,914$63,178
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mary Ellen CoonChair
Sissy OthickVice Chair
Brad GibbsDirector
Diana WeberDirector
Karl JarvisDirector
Linda WeilDirector
Pat RenkenDirector
Rev Kelly BrooksDirector
Rev Scott SharpDirector
Rob LasaterDirector
Sonya PriestlyDirector
Tom FrockDirector
Tracy SharpExecutive Di
Elaine SolimonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$559,407
Program Service Revenue
$0
Investment Income
$299
Other Revenue
$36,330
All Other Contributions
$541,407
Change in Net Assets
$-20,367

Audited Revenue Reconciliation

Revenue per Audited Statements
$596,036
Revenue Not Reported on Form 990
$6,375
Total Revenue per Audited Statements
$602,411
Total Revenue per Form 990
$596,036
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$388,994
Salaries, Compensation, and Employee Benefits$227,409
Total Fundraising Expense$90,706
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$145,180$10,082$44,269$199,531
Occupancy$184,023--$184,023
All Other Expenses$47,864$979$7,131$55,974
Fees for Services Other$7,342$5,554$14,101$26,997
Payroll Taxes$10,870$755$3,314$14,939
Other Expenses$14,288$6$502$14,796
Other Employee Benefits$9,414$654$2,871$12,939
Information Technology$8,305$3,328-$11,633
Travel$6,411--$6,411
Depreciation Depletion-$4,212-$4,212
Advertising$585-$790$1,375
Total Functional Expenses$500,127$25,570$90,706$616,403

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$622,778
Expenses per Audited Statements$616,403
Total Expenses per Form 990$616,403
Expenses Not Reported on Form 990$6,375
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$37,282
Fundraising Direct Expenses$952
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising Eve$37,282$37,282$952$36,330
Total Events$37,282$37,282$952$36,330
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
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Tracy sharp scott sharp exective dir ex-officio spouse

Form 990, Page 6, Part VI, Line 7B

Church council of central united methodist church approves members of saranam llc board

Form 990, Page 6, Part VI, Line 11B

Finance committee of saranam llc reviews the document prior to electronic submission.

Form 990, Page 6, Part VI, Line 12C

Conflicts and possible conflicts are required to be disclosed voluntarily by the officer, director or committee member.

Form 990, Page 6, Part VI, Line 15A

Compensation of officers and directors are reviewed and approved during the annual budget process.

Form 990, Page 6, Part VI, Line 15B

Compensation of officers and directors are reviewed and approved during the annual budget process.

Form 990, Page 6, Part VI, Line 19

Financial and operational activities are disclosed on the organization's website. Audit reports and the form 990 information is disclosed on the guidestar website. Additional information is available upon request.

Filing and Contact Details

Filer

Filer Name
Saranam LLC
EIN
20-2036621
Phone
5052996154
Address
201 UNIVERSITY AVE NE, ALBUQUERQUE, NM 87106

Signing Officer

Name
Tracy Sharp
Title
Executive Director
Phone
5052996154
Signed
2016-08-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tracy Sharp
Formed
2004
Legal Domicile
Nm
Voting Board Members
14
Independent Board Members
13
Employees
0
Volunteers
597

Preparer

Firm
Moye Waters and Associates
Address
4317 LEAD AVE SE STE B, ALBUQUERQUE, NM 87108-2724
Preparer
Ollie D Waters
Phone
5052600616
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteers provided 3,607 hours of donated time to saranam.

Form 990, Part XI, Line 9

Direct fundraising expense 952 direct fundraising expense -952

Financial Statement Notes

Schedule D, Page 3, Part X

Saranam annually evaluates all federal and state income tax positions. This process includes an analysis of whether these income tax positions the organization takes meet the definition of an uncertain tax position under the income taxes topic of the financial accounting standards codification. As of december 31, 2015 this analysis revealed no uncertain tax positions. Saranam's policy is to classify income tax penalties and interest, when applicable, according to their natural classification. Under the statue of limitations, saranam's tax returns are no longer subject to examination by tax authorities for years prior to 2012.

Schedule D, Page 4, Part XI, Line 2D

Direct fundraising expense 952

Schedule D, Page 4, Part XII, Line 2D

Direct fundraising expense 952

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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0405818
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02441210
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IRS990ScheduleD/DonatedServicesUseFcltsAmt05423
IRS990ScheduleD/EquipmentGrp/BookValueAmt058264
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04914
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt063178
IRS990ScheduleD/ExpensesNotReportedAmt06375
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IRS990ScheduleD/OtherExpensesIncludedAmt0952
IRS990ScheduleD/OtherRevenueAmt0952
IRS990ScheduleD/RevenueNotReportedAmt06375
IRS990ScheduleD/RevenueSubtotalAmt0596036
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SARANAM ANNUALLY EVALUATES ALL FEDERAL AND STATE INCOME TAX POSITIONS. THIS PROCESS INCLUDES AN ANALYSIS OF WHETHER THESE INCOME TAX POSITIONS THE ORGANIZATION TAKES MEET THE DEFINITION OF AN UNCERTAIN TAX POSITION UNDER THE INCOME TAXES TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS CODIFICATION. AS OF DECEMBER 31, 2015 THIS ANALYSIS REVEALED NO UNCERTAIN TAX POSITIONS. SARANAM'S POLICY IS TO CLASSIFY INCOME TAX PENALTIES AND INTEREST, WHEN APPLICABLE, ACCORDING TO THEIR NATURAL CLASSIFICATION. UNDER THE STATUE OF LIMITATIONS, SARANAM'S TAX RETURNS ARE NO LONGER SUBJECT TO EXAMINATION BY TAX AUTHORITIES FOR YEARS PRIOR TO 2012.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DIRECT FUNDRAISING EXPENSE 952
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2DIRECT FUNDRAISING EXPENSE 952
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS PROVIDED 3,607 HOURS OF DONATED TIME TO SARANAM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TRACY SHARP SCOTT SHARP EXECTIVE DIR EX-OFFICIO SPOUSE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CHURCH COUNCIL OF CENTRAL UNITED METHODIST CHURCH APPROVES MEMBERS OF SARANAM LLC BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FINANCE COMMITTEE OF SARANAM LLC REVIEWS THE DOCUMENT PRIOR TO ELECTRONIC SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONFLICTS AND POSSIBLE CONFLICTS ARE REQUIRED TO BE DISCLOSED VOLUNTARILY BY THE OFFICER, DIRECTOR OR COMMITTEE MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION OF OFFICERS AND DIRECTORS ARE REVIEWED AND APPROVED DURING THE ANNUAL BUDGET PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COMPENSATION OF OFFICERS AND DIRECTORS ARE REVIEWED AND APPROVED DURING THE ANNUAL BUDGET PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7FINANCIAL AND OPERATIONAL ACTIVITIES ARE DISCLOSED ON THE ORGANIZATION'S WEBSITE. AUDIT REPORTS AND THE FORM 990 INFORMATION IS DISCLOSED ON THE GUIDESTAR WEBSITE. ADDITIONAL INFORMATION IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8DIRECT FUNDRAISING EXPENSE 952 DIRECT FUNDRAISING EXPENSE -952
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9
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IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CENTRAL UNITED METHODIST CHURCH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0RELIGOUS O
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0201 UNIVERSITY BLVD NE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ALBUQUERQUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NM
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IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
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IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
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IRS990ScheduleR/TransferFromOtherOrgInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$12.8$1.06$11.7$4.76$2.08$2.68
2023Detailed filing. Detailed filing data is available for this year.$9.70$1.09$8.62$2.74$1.81$0.93
2022Detailed filing. Detailed filing data is available for this year.$8.47$0.80$7.68$2.66$1.36$1.30
2021Detailed filing. Detailed filing data is available for this year.$7.40$0.89$6.51$6.22$1.26$4.96
2020Detailed filing. Detailed filing data is available for this year.$1.70$0.14$1.55$1.54$1.05$0.49
2019Detailed filing. Detailed filing data is available for this year.$1.01$0.03$0.98$1.24$0.89$0.35
2018Detailed filing. Detailed filing data is available for this year.$0.65$0.03$0.63$0.93$0.69$0.24
2017Detailed filing. Detailed filing data is available for this year.$0.41$0.01$0.40$0.78$0.64$0.14
2016Detailed filing. Detailed filing data is available for this year.$0.27$0.02$0.25$0.75$0.69$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.21$0.02$0.20$0.60$0.62$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.23$0.01$0.22$0.63$0.56$0.07
2013Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$0.43$0.44$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.01$0.16$0.39
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.01$0.14$0.34
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.12$0.01$0.11$0.30