Civic Intelligence

Saranam LLC

990 • Fiscal year 2016 • EIN 20-2036621

Jan 01, 2016 to Dec 31, 2016 • Filed on May 04, 2017

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

31st percentile

0.07x

Higher debt load relative to assets than 31% of similar nonprofits.

2016 filings • NTEE L • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

11th percentile

0.03x

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

2016 filings • NTEE L • $500k-$1M nonprofits • Source year 2016

Net Margin

74th percentile

7.6%

Higher net margin than 74% of similar nonprofits.

2016 filings • NTEE L • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

66th percentile

$65,000

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 8.7% of source-year revenue.

2016 filings • NTEE L • $500k-$1M nonprofits • Source year 2016

Asset Growth

91st percentile

28%

Faster asset growth than 91% of similar nonprofits.

2016 filings • NTEE L • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

86th percentile

26%

Faster revenue growth than 86% of similar nonprofits.

2016 filings • NTEE L • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$270,980

Up $58,702 (+28%) from 2015

Net Assets

Up

$252,018

Up $56,733 (+29%) from 2015

Liabilities

Up

$18,962

Up $1,969 (+12%) from 2015

Revenue

Up

$750,936

Up $154,900 (+26%) from 2015

Expenses

Up

$694,203

Up $77,800 (+13%) from 2015

Net Income

Up

$56,733

Up $77,100 (+379%) from 2015

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

2016

Assets$270,980
Liabilities$18,962
Net Assets$252,018

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

2016

Revenue$750,936
Expenses$694,203
Net Income$56,733
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 4, 2017
Return Version
2016v3.0
Gross Receipts
$750,936
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$140,421$157,273▲ $16,852
Pledges and Grants Receivable$10,619$58,530▲ $47,911
Land, Buildings, and Equipment, Net$58,264$54,052▼ $4,212
Prepaid Expenses and Deferred Charges$2,974$1,125▼ $1,849
Total Assets$212,278$270,980▲ $58,702
Liabilities
Accounts Payable and Accrued Expenses$16,993$18,962▲ $1,969
Total Liabilities$16,993$18,962▲ $1,969
Net Assets / Fund Balance
Unrestricted Net Assets$136,285$149,872▲ $13,587
Temporarily Rstr Net Assets$9,000$52,146▲ $43,146
Permanently Rstr Net Assets$50,000$50,000→ $0
Total Net Assets Fund Balance$195,285$252,018▲ $56,733
Total Liabilities and Net Assets / Fund Balance$212,278$270,980▲ $58,702

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$54,052$9,126$63,178
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tracy SharpExecutive DiFT$65,000$65,000

Board Members and Trustees

NameTitle
Mary Ellen CoonChair
Rob LasaterVice Chair
Brad GibbsDirector
Diana WeberDirector
Linda WeilDirector
Pat RenkenDirector
Rachel TrojhanDirector
Rev Kelly BrooksDirector
Rev Scott SharpDirector
Sharen RamirezDirector
Sonya PriestlyDirector
Tom FrockDirector
Elaine SolimonSecretary
Karl JarvisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$729,546
Program Service Revenue
$0
Investment Income
$77
Other Revenue
$21,313
All Other Contributions
$666,546
Change in Net Assets
$56,733

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table2$27,446
Clothing and Household Goods-$13,608
Other Non Cash Contri Table1$2,027
Food Inventory1$1,027
Total Noncash Contributions4$44,108

Audited Revenue Reconciliation

Revenue per Audited Statements
$750,936
Revenue Not Reported on Form 990
$3,367
Total Revenue per Audited Statements
$754,303
Total Revenue per Form 990
$750,936
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$429,361
Salaries, Compensation, and Employee Benefits$264,842
Total Fundraising Expense$82,439
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$200,027--$200,027
Other Salaries and Wages$123,589$1,047$43,789$168,425
Current Officers, Directors, Trustees, and Key Employees$55,250$6,500$3,250$65,000
All Other Expenses$38,989$6,364$11,473$56,826
Other Expenses$19,439--$19,439
Payroll Taxes$12,226$572$4,895$17,693
Fees for Services Other$52$1,645$14,542$16,239
Other Employee Benefits$9,483$444$3,797$13,724
Information Technology$6,644$6,072-$12,716
Fees for Services Accounting-$6,278-$6,278
Travel$5,003$32-$5,035
Depreciation Depletion-$4,212-$4,212
Advertising--$693$693
Total Functional Expenses$578,598$33,166$82,439$694,203

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$697,570
Expenses per Audited Statements$694,203
Total Expenses per Form 990$694,203
Expenses Not Reported on Form 990$3,367
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$19,990
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising Eve$19,990$19,990-$19,990
Total Events$19,990$19,990-$19,990
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
Yes
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
2017-05-04
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
563

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 3,733 hours of donated time to saranam.

Form 990, Page 2, Part III, Line 4A

Amazingly, saranam has had contact with 64% of families who exited one year or more ago. Of those families, 100% of those who left the program successfully remain stable after a year, and 67% of those who left saranam with significant progress in fewer than three measures of success were stable after one year of exit together, that means that whether families left successfully or not, one year later, of those whom we have been able to contact, 86% are stable number of families: 28 54 children, 28 adults 39 different referral sources 10 new families were brought into saranam in 2016. Unduplicated volunteers: 563 volunteer hours: 3733 saranam expands with a two-generational approach saranam's approach to ending poverty and homelessness for families is an innovative "two- generational" strategy, where both parents and children receive services simultaneously and in sync. Our two-generational strategy is supported by a growing body of anti-poverty research that shows the effectiveness of making both parents and children change agents in working to get out of poverty. In our two-generational approach, the saranam children's programming provides access to on-site therapeutic services, as well as developmentally appropriate life skills classes that mirror some of the adult life skills classes. This gives family members a chance to practice their newly learned skills together. Children may also receive group or one-on-one tutoring, or participate in reading circles (for those in pre-school or who do not have homework). Enrichment activities--such as science, arts, music, theater, and yoga--are brought to the children and families each week. Saranam envisions expanding capacity in 2016, after a year of visioning and a year of feasibility study, saranam invited three groups of leaders to come together as teams representing various community sectors to find a way to double saranam's capacity in the next few years- business and property planning, capacity building, and funding strategies. Saranam is poised to scale our program model to serve additional homeless families in our community. Scalability is a challenge for many small- to mid-size programs. Our unique sustainable model for systemic change is highly replicable and adaptable to other communities, and appeals to multiple community sectors, including faith-based groups, government agencies, and private secular organizations. We believe our model can have a positive impact on the way our state and nation approach homelessness. We believe it can change for the better the lives of many families experiencing homelessness. Saranam can increase the number of families we serve, thereby moving into a place of greater community reach and visibility. These teams made recommendations that are incorporated into a clear business plan to strategically double the capacity of saranam. Bringing the education component in-house in 2016 an important lesson learned in 2016 revolved around a critical challenge. Our partner, which had provided adult basic education classes for more than ten years, raised its fees beyond what we could afford. Saranam staff and instructors applied creative thinking to devise an innovative solution and new approach to education that includes a coordinated, integrated curriculum. It features an overarching weekly theme that is incorporated into multiple program activities-basic adult education, adult life skills, children life skills, children's activities- for that week. Themes include values, self- determination, effective communication, goal setting and problem solving, time and life management, etc. Life skills classes for both adults and children revolve around these themes, and instructors weave them into adult basic education classes. With its launch in 2016, our new curriculum was well received and appreciated by families. 2016 graduations: "3 ged or high school equivalency "2 certificates from central new mexico community college (cnm) -certified nursing assistant,

Form 990, Part XI, Line 9

Direct fundraising expense 0 direct fundraising expense 0

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, 2016 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 statute of limitations, saranam's tax returns are no longer subject to examination by tax authorities for years prior to 2013.

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

Direct fundraising expense 0

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

Direct fundraising expense 0

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IRS990/ActivityOrMissionDesc0VISION-TO TRANSFORM THE LIVES OF HOMELESS FAMILIES MISSION-TO EMPOWER FAMILIES TO END THEIR HOMELESSNESS AND POVERTY THROUGH HOUSING, EDUCATION AND SUPPORTIVE COMMUNITIES.
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IRS990/Desc0AFTER 13 YEARS IN OPERATION, SARANAM HAS SERVED 102 HOMELESS FAMILIES IN ALBUQUERQUE, INCLUDING 119 ADULTS AND 205 CHILDREN. OUR PROGRAM HAS DEMONSTRATED A 73% SUCCESS RATE OF FAMILIES EXITING THE PROGRAM INTO PERMANENT, SAFE, STABLE LIVING SITUATIONS. OUR 73% SUCCESS RATE INDICATES THAT WHEN FAMILIES EXIT, THEY ARE ABLE TO FULLY SUPPORT THEMSELVES, INCLUDING PAYING FOR HOUSING, SUPPLIES, UTILITIES, ETC., ON THEIR OWN INCOME. THE LIFE SKILLS WE PROVIDE ENSURE THAT OUR FAMILIES ARE ABLE TO MAINTAIN AND SUSTAIN THESE OUTCOMES. EIGHT FAMILIES SUCCESSFULLY EXITED THE PROGRAM IN 2016. AMAZINGLY, SARANAM HAS HAD CONTACT WITH 64% OF FAMILIES WHO EXITED ONE YEAR OR MORE AGO. OF THOSE FAMILIES, 100% OF THOSE WHO LEFT THE PROGRAM SUCCESSFULLY REMAIN STABLE AFTER A YEAR, AND 67% OF THOSE WHO LEFT SARANAM WITH SIGNIFICANT PROGRESS IN FEWER THAN THREE MEASURES OF SUCCESS WERE STABLE AFTER ONE YEAR OF EXIT TOGETHER, THAT MEANS THAT WHETHER FAMILIES LEFT SUCCESSFULLY OR NOT, ONE YEAR LATER, OF THOSE WHOM WE HAVE BEEN ABLE TO CONTACT, 86% ARE STABLE NUMBER OF FAMILIES: 28 54 CHILDREN, 28 ADULTS 39 DIFFERENT REFERRAL SOURCES 10 NEW FAMILIES WERE BROUGHT INTO SARANAM IN 2016. UNDUPLICATED VOLUNTEERS: 563 VOLUNTEER HOURS: 3733 SARANAM EXPANDS WITH A TWO-GENERATIONAL APPROACH SARANAM'S APPROACH TO ENDING POVERTY AND HOMELESSNESS FOR FAMILIES IS AN INNOVATIVE "TWO- GENERATIONAL" STRATEGY, WHERE BOTH PARENTS AND CHILDREN RECEIVE SERVICES SIMULTANEOUSLY AND IN SYNC. OUR TWO-GENERATIONAL STRATEGY IS SUPPORTED BY A GROWING BODY OF ANTI-POVERTY RESEARCH THAT SHOWS THE EFFECTIVENESS OF MAKING BOTH PARENTS AND CHILDREN CHANGE AGENTS IN WORKING TO GET OUT OF POVERTY. IN OUR TWO-GENERATIONAL APPROACH, THE SARANAM CHILDREN'S PROGRAMMING PROVIDES ACCESS TO ON-SITE THERAPEUTIC SERVICES, AS WELL AS DEVELOPMENTALLY APPROPRIATE LIFE SKILLS CLASSES THAT MIRROR SOME OF THE ADULT LIFE SKILLS CLASSES. THIS GIVES FAMILY MEMBERS A CHANCE TO PRACTICE THEIR NEWLY LEARNED SKILLS TOGETHER. CHILDREN MAY ALSO RECEIVE GROUP OR ONE-ON-ONE TUTORING, OR PARTICIPATE IN READING CIRCLES (FOR THOSE IN PRE-SCHOOL OR WHO DO NOT HAVE HOMEWORK). ENRICHMENT ACTIVITIES--SUCH AS SCIENCE, ARTS, MUSIC, THEATER, AND YOGA--ARE BROUGHT TO THE CHILDREN AND FAMILIES EACH WEEK. SARANAM ENVISIONS EXPANDING CAPACITY IN 2016, AFTER A YEAR OF VISIONING AND A YEAR OF FEASIBILITY STUDY, SARANAM INVITED THREE GROUPS OF LEADERS TO COME TOGETHER AS TEAMS REPRESENTING VARIOUS COMMUNITY SECTORS TO FIND A WAY TO DOUBLE SARANAM'S CAPACITY IN THE NEXT FEW YEARS- BUSINESS AND PROPERTY PLANNING, CAPACITY BUILDING, AND FUNDING STRATEGIES. SARANAM IS POISED TO SCALE OUR PROGRAM MODEL TO SERVE ADDITIONAL HOMELESS FAMILIES IN OUR COMMUNITY. SCALABILITY IS A CHALLENGE FOR MANY SMALL- TO MID-SIZE PROGRAMS. OUR UNIQUE SUSTAINABLE MODEL FOR SYSTEMIC CHANGE IS HIGHLY REPLICABLE AND ADAPTABLE TO OTHER COMMUNITIES, AND APPEALS TO MULTIPLE COMMUNITY SECTORS, INCLUDING FAITH-BASED GROUPS, GOVERNMENT AGENCIES, AND PRIVATE SECULAR ORGANIZATIONS. WE BELIEVE OUR MODEL CAN HAVE A POSITIVE IMPACT ON THE WAY OUR STATE AND NATION APPROACH HOMELESSNESS. WE BELIEVE IT CAN CHANGE FOR THE BETTER THE LIVES OF MANY FAMILIES EXPERIENCING HOMELESSNESS. SARANAM CAN INCREASE THE NUMBER OF FAMILIES WE SERVE, THEREBY MOVING INTO A PLACE OF GREATER COMMUNITY REACH AND VISIBILITY. THESE TEAMS MADE RECOMMENDATIONS THAT ARE INCORPORATED INTO A CLEAR BUSINESS PLAN TO STRATEGICALLY DOUBLE THE CAPACITY OF SARANAM. BRINGING THE EDUCATION COMPONENT IN-HOUSE IN 2016 AN IMPORTANT LESSON LEARNED IN 2016 REVOLVED AROUND A CRITICAL CHALLENGE. OUR PARTNER, WHICH HAD PROVIDED ADULT BASIC EDUCATION CLASSES FOR MORE THAN TEN YEARS, RAISED ITS FEES BEYOND WHAT WE COULD AFFORD. SARANAM STAFF AND INSTRUCTORS APPLIED CREATIVE THINKING TO DEVISE AN INNOVATIVE SOLUTION AND NEW APPROACH TO EDUCATION THAT INCLUDES A COORDINATED, INTEGRATED CURRICULUM. IT FEATURES AN OVERARCHING WEEKLY THEME THAT IS INCORPORATED INTO MULTIPLE PROGRAM ACTIVITIES-BASIC ADULT EDUCATION, ADU
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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, 2016 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 STATUTE OF LIMITATIONS, SARANAM'S TAX RETURNS ARE NO LONGER SUBJECT TO EXAMINATION BY TAX AUTHORITIES FOR YEARS PRIOR TO 2013.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2DIRECT FUNDRAISING EXPENSE 0
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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS PROVIDED 3,733 HOURS OF DONATED TIME TO SARANAM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AMAZINGLY, SARANAM HAS HAD CONTACT WITH 64% OF FAMILIES WHO EXITED ONE YEAR OR MORE AGO. OF THOSE FAMILIES, 100% OF THOSE WHO LEFT THE PROGRAM SUCCESSFULLY REMAIN STABLE AFTER A YEAR, AND 67% OF THOSE WHO LEFT SARANAM WITH SIGNIFICANT PROGRESS IN FEWER THAN THREE MEASURES OF SUCCESS WERE STABLE AFTER ONE YEAR OF EXIT TOGETHER, THAT MEANS THAT WHETHER FAMILIES LEFT SUCCESSFULLY OR NOT, ONE YEAR LATER, OF THOSE WHOM WE HAVE BEEN ABLE TO CONTACT, 86% ARE STABLE NUMBER OF FAMILIES: 28 54 CHILDREN, 28 ADULTS 39 DIFFERENT REFERRAL SOURCES 10 NEW FAMILIES WERE BROUGHT INTO SARANAM IN 2016. UNDUPLICATED VOLUNTEERS: 563 VOLUNTEER HOURS: 3733 SARANAM EXPANDS WITH A TWO-GENERATIONAL APPROACH SARANAM'S APPROACH TO ENDING POVERTY AND HOMELESSNESS FOR FAMILIES IS AN INNOVATIVE "TWO- GENERATIONAL" STRATEGY, WHERE BOTH PARENTS AND CHILDREN RECEIVE SERVICES SIMULTANEOUSLY AND IN SYNC. OUR TWO-GENERATIONAL STRATEGY IS SUPPORTED BY A GROWING BODY OF ANTI-POVERTY RESEARCH THAT SHOWS THE EFFECTIVENESS OF MAKING BOTH PARENTS AND CHILDREN CHANGE AGENTS IN WORKING TO GET OUT OF POVERTY. IN OUR TWO-GENERATIONAL APPROACH, THE SARANAM CHILDREN'S PROGRAMMING PROVIDES ACCESS TO ON-SITE THERAPEUTIC SERVICES, AS WELL AS DEVELOPMENTALLY APPROPRIATE LIFE SKILLS CLASSES THAT MIRROR SOME OF THE ADULT LIFE SKILLS CLASSES. THIS GIVES FAMILY MEMBERS A CHANCE TO PRACTICE THEIR NEWLY LEARNED SKILLS TOGETHER. CHILDREN MAY ALSO RECEIVE GROUP OR ONE-ON-ONE TUTORING, OR PARTICIPATE IN READING CIRCLES (FOR THOSE IN PRE-SCHOOL OR WHO DO NOT HAVE HOMEWORK). ENRICHMENT ACTIVITIES--SUCH AS SCIENCE, ARTS, MUSIC, THEATER, AND YOGA--ARE BROUGHT TO THE CHILDREN AND FAMILIES EACH WEEK. SARANAM ENVISIONS EXPANDING CAPACITY IN 2016, AFTER A YEAR OF VISIONING AND A YEAR OF FEASIBILITY STUDY, SARANAM INVITED THREE GROUPS OF LEADERS TO COME TOGETHER AS TEAMS REPRESENTING VARIOUS COMMUNITY SECTORS TO FIND A WAY TO DOUBLE SARANAM'S CAPACITY IN THE NEXT FEW YEARS- BUSINESS AND PROPERTY PLANNING, CAPACITY BUILDING, AND FUNDING STRATEGIES. SARANAM IS POISED TO SCALE OUR PROGRAM MODEL TO SERVE ADDITIONAL HOMELESS FAMILIES IN OUR COMMUNITY. SCALABILITY IS A CHALLENGE FOR MANY SMALL- TO MID-SIZE PROGRAMS. OUR UNIQUE SUSTAINABLE MODEL FOR SYSTEMIC CHANGE IS HIGHLY REPLICABLE AND ADAPTABLE TO OTHER COMMUNITIES, AND APPEALS TO MULTIPLE COMMUNITY SECTORS, INCLUDING FAITH-BASED GROUPS, GOVERNMENT AGENCIES, AND PRIVATE SECULAR ORGANIZATIONS. WE BELIEVE OUR MODEL CAN HAVE A POSITIVE IMPACT ON THE WAY OUR STATE AND NATION APPROACH HOMELESSNESS. WE BELIEVE IT CAN CHANGE FOR THE BETTER THE LIVES OF MANY FAMILIES EXPERIENCING HOMELESSNESS. SARANAM CAN INCREASE THE NUMBER OF FAMILIES WE SERVE, THEREBY MOVING INTO A PLACE OF GREATER COMMUNITY REACH AND VISIBILITY. THESE TEAMS MADE RECOMMENDATIONS THAT ARE INCORPORATED INTO A CLEAR BUSINESS PLAN TO STRATEGICALLY DOUBLE THE CAPACITY OF SARANAM. BRINGING THE EDUCATION COMPONENT IN-HOUSE IN 2016 AN IMPORTANT LESSON LEARNED IN 2016 REVOLVED AROUND A CRITICAL CHALLENGE. OUR PARTNER, WHICH HAD PROVIDED ADULT BASIC EDUCATION CLASSES FOR MORE THAN TEN YEARS, RAISED ITS FEES BEYOND WHAT WE COULD AFFORD. SARANAM STAFF AND INSTRUCTORS APPLIED CREATIVE THINKING TO DEVISE AN INNOVATIVE SOLUTION AND NEW APPROACH TO EDUCATION THAT INCLUDES A COORDINATED, INTEGRATED CURRICULUM. IT FEATURES AN OVERARCHING WEEKLY THEME THAT IS INCORPORATED INTO MULTIPLE PROGRAM ACTIVITIES-BASIC ADULT EDUCATION, ADULT LIFE SKILLS, CHILDREN LIFE SKILLS, CHILDREN'S ACTIVITIES- FOR THAT WEEK. THEMES INCLUDE VALUES, SELF- DETERMINATION, EFFECTIVE COMMUNICATION, GOAL SETTING AND PROBLEM SOLVING, TIME AND LIFE MANAGEMENT, ETC. LIFE SKILLS CLASSES FOR BOTH ADULTS AND CHILDREN REVOLVE AROUND THESE THEMES, AND INSTRUCTORS WEAVE THEM INTO ADULT BASIC EDUCATION CLASSES. WITH ITS LAUNCH IN 2016, OUR NEW CURRICULUM WAS WELL RECEIVED AND APPRECIATED BY FAMILIES. 2016 GRADUATIONS: "3 GED OR HIGH SCHOOL EQUIVALENCY "2 CERTIFICATES FROM CENTRAL NEW MEXICO COMMUNITY COLLEGE (CNM) -CERTIFIED NURSING ASSISTANT,
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TRACY SHARP SCOTT SHARP EXECTIVE DIR EX-OFFICIO SPOUSE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CHURCH COUNCIL OF CENTRAL UNITED METHODIST CHURCH APPROVES MEMBERS OF SARANAM LLC BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FINANCE COMMITTEE OF SARANAM LLC REVIEWS THE DOCUMENT PRIOR TO ELECTRONIC SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONFLICTS AND POSSIBLE CONFLICTS ARE REQUIRED TO BE DISCLOSED VOLUNTARILY BY THE OFFICER, DIRECTOR OR COMMITTEE MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COMPENSATION OF OFFICERS AND DIRECTORS ARE REVIEWED AND APPROVED DURING THE ANNUAL BUDGET PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7COMPENSATION OF OFFICERS AND DIRECTORS ARE REVIEWED AND APPROVED DURING THE ANNUAL BUDGET PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8FINANCIAL 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/ExplanationTxt9DIRECT FUNDRAISING EXPENSE 0 DIRECT FUNDRAISING EXPENSE 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PART XI, LINE 9
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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