Saranam LLC

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

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

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

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

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

“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.”

“Volunteers provided 2,259 hours of donated time to saranam.”

“2020 accomplishments after 17 years in operation, saranam has provided families with safe housing, practical life-skills instruction, a supportive community, and a pathway to self-sufficiency through education. With 76% of families successfully exiting the program into permanent, safe and stable living situations, saranam is a sustainable solution to family homelessness. 86% of families who left in 2020 exited successfully. 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. 2020 has been a challenging year for saranam with the onset of covid-19. We were able to welcome 10 new families into and had 6 families successfully exit our program. Shifting our fundraising to an all remote process and including several emergency covid-related grants, we did run a successful spring campaign which provides support to 10 families for a year. We shifted all of our in-person programming to an online format and were able to maintain both our adult and whole family classes as well as alumni activities. Our alumni programming enrolled 14 adults into the prosperity works individual development accounts (savings targeted toward education, home buying, small business or vehicle purchase) program, supporting each person's savings with a 4:1 match two of these alumni were children while in saranam, saving for their higher education saranam is developing plans to expand these vital services and is embarking on its most important endeavor to date: the expansion and development of a second site, an additional 25-unit campus community designed to bring more families into self-sufficiency. Covid-19 stalled the purchase of property and the beginning of our capital campaign in 2020. Both of these will begin early 2021. 2020 outcomes since inception in 2004, saranam has served 142 homeless families in albuquerque, including 163 adults and 301 children. Our program has demonstrated a 76% success rate of families exiting the program having met more than three of our measures of success. Our 76% success rate indicates that when families exit, they are able to 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. In 2020, 86% of families who left exited successfully.”

“Direct fundraising expense 0 direct fundraising expense 0”