Civic Intelligence

Saga Innovations

990 • Fiscal year 2020 • EIN 47-2168942

Jul 01, 2019 to Jun 30, 2020 • Filed on Feb 24, 2021

Organization ProfileWWW.SAGAEDUCATION.ORG

View Organization Page

10 Laudholm RdNewton, MA 02458

(339) 203-4700

Siviq Scores

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

Liabilities / Assets

28th percentile

0.06x

Higher debt load relative to assets than 28% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

11th percentile

0.03x

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

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

75th percentile

19%

Higher net margin than 75% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

52nd percentile

$179,341

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

91st percentile

57%

Faster asset growth than 91% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

92nd percentile

76%

Faster revenue growth than 92% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets28th percentile

Assets

Up

$4,857,146

Up $1,758,286 (+57%) from 2019

Net Assets

Up

$4,569,418

Up $2,035,580 (+80%) from 2019

Liabilities

Down

$287,728

Down $277,294 (-49%) from 2019

Revenue And Expenses
Liabilities / Revenue11th percentileNet Margin75th percentile

Revenue

Up

$10,818,986

Up $4,676,147 (+76%) from 2019

Expenses

Up

$8,783,406

Up $1,355,398 (+18%) from 2019

Net Income

Up

$2,035,580

Up $3,320,749 (+258%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth91st percentile

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

$40M$30M$20M$10M$0Assets 2015: $646,943Liabilities 2015: $628,203Net Assets 2015: $18,7402015Assets 2016: $6,291,937Liabilities 2016: $539,207Net Assets 2016: $5,752,7302016Assets 2017: $8,631,451Liabilities 2017: $302,339Net Assets 2017: $8,329,1122017Assets 2018: $4,012,882Liabilities 2018: $193,875Net Assets 2018: $3,819,0072018Assets 2019: $3,098,860Liabilities 2019: $565,022Net Assets 2019: $2,533,8382019Assets 2020: $4,857,146Liabilities 2020: $287,728Net Assets 2020: $4,569,4182020Assets 2021: $11,826,176Liabilities 2021: $223,093Net Assets 2021: $11,603,0832021Assets 2022: $30,229,601Liabilities 2022: $778,710Net Assets 2022: $29,450,8912022Assets 2023: $32,685,345Liabilities 2023: $1,633,139Net Assets 2023: $31,052,2062023Assets 2024: $20,968,981Liabilities 2024: $1,665,731Net Assets 2024: $19,303,2502024

Highlighted filing

2020

Assets$4,857,146
Liabilities$287,728
Net Assets$4,569,418
Open 2020 Filing

Operations Trend

Revenue Growth92nd percentile

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

$40M$20M$0-$20MRevenue 2015: $530,802Expenses 2015: $512,062Net Income 2015: $18,7402015Revenue 2016: $11,077,749Expenses 2016: $5,343,759Net Income 2016: $5,733,9902016Revenue 2017: $10,796,693Expenses 2017: $8,220,311Net Income 2017: $2,576,3822017Revenue 2018: $5,547,563Expenses 2018: $10,057,668Net Income 2018: -$4,510,1052018Revenue 2019: $6,142,839Expenses 2019: $7,428,008Net Income 2019: -$1,285,1692019Revenue 2020: $10,818,986Expenses 2020: $8,783,406Net Income 2020: $2,035,5802020Revenue 2021: $21,703,824Expenses 2021: $15,003,193Net Income 2021: $6,700,6312021Revenue 2022: $39,236,690Expenses 2022: $21,415,589Net Income 2022: $17,821,1012022Revenue 2023: $28,786,307Expenses 2023: $27,184,992Net Income 2023: $1,601,3152023Revenue 2024: $17,921,939Expenses 2024: $29,439,600Net Income 2024: -$11,517,6612024

Highlighted filing

2020

Revenue$10,818,986
Expenses$8,783,406
Net Income$2,035,580
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Feb 24, 2021
Return Version
2019v5.2
Gross Receipts
$10,818,986
Mission and Program Overview

Mission

Saga innovations is a nonprofit organization based in boston, ma, dedicated to transforming american public education. Saga drives the expansion of the nationally recognized innovation of high-dosage, intensive daily tutoring, where tutoring is a part of the regular school day for students as a scheduled class period. We partner with district public schools to provide students the opportunity to work with a qualified, engaging tutor who tailors instruction to the needs of two students at a time.

Saga innovations is a nonprofit organization based in boston, ma dedicated to transforming american public education. Saga drives the expansion of nationally recognized innovation of high-dosage, intensive daily tutoring where tutoring is a part of the regular school day for students as a scheduled class period. We partner with district public schools to provide students the opportunity to work with a qualified, engaging tutor who tailors instruction to the needs of two students at a time.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,046,630$3,000,693▲ $1,954,063
Pledges and Grants Receivable-$965,072-
Cash and Non-Interest-Bearing Accounts$218,679$625,004▲ $406,325
Accounts Receivable$1,773,704$251,500▼ $1,522,204
Prepaid Expenses and Deferred Charges$56,348$14,877▼ $41,471
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$3,098,860$4,857,146▲ $1,758,286
Other Assets Total$3,499$0▼ $3,499
Liabilities
Unsecured Notes Loans Payable$300,000--
Deferred Revenue$60,000$164,550▲ $104,550
Accounts Payable and Accrued Expenses$205,022$123,178▼ $81,844
Total Liabilities$565,022$287,728▼ $277,294
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,170,832$3,133,346▲ $962,514
Net Assets Without Donor Restrictions$363,006$1,436,072▲ $1,073,066
Total Net Assets Fund Balance$2,533,838$4,569,418▲ $2,035,580
Total Liabilities and Net Assets / Fund Balance$3,098,860$4,857,146▲ $1,758,286

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$2,484$2,484
Compensation and Service Providers
Top Officer Pay52nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Alan SafranPresidentFT$178,469$872$179,341
Christopher DupuisCOOFT$138,798$3,753$142,551
Antonio GutierrezVice PresidentFT$131,127$9,025$140,152
Angela MasonChief of Human ResourcesFT$128,166$6,037$134,203
Monivett AcevedoCFOFT$73,845$5,054$78,899
Barbara AlgarinFormer CFOFT$49,039$1,154$50,193

Board Members and Trustees

NameTitle
Anthony LuckettDirector
Karl ReidDirector
Jared TailleferSecretary
Meredith LiuTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$7,193,078
Program Service Revenue
$3,607,828
Investment Income
$18,080
Other Revenue
$0
All Other Contributions
$5,034,970
Change in Net Assets
$2,035,580

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,818,986
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$10,818,986
Total Revenue per Form 990
$10,818,986
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,184,007
Other Expenses$1,599,399
Total Fundraising Expense$280,638
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,333,940$293,416$36,288$5,663,644
Current Officers, Directors, Trustees, and Key Employees$273,878$288,532$158,564$720,974
Payroll Taxes$406,538$40,291$13,430$460,259
Other Employee Benefits$322,539$13,095$3,496$339,130
Fees for Services Other$267,207$50,102$16,701$334,010
Occupancy$160,224$30,042$10,014$200,280
Travel$124,701$23,381$7,794$155,876
Insurance$54,861$10,286$3,429$68,576
Office Expenses$30,529$5,724$1,908$38,161
Other Expenses$15,109$2,833$944$18,886
Advertising$14,150$2,653$884$17,687
Total Functional Expenses$7,660,856$841,912$280,638$8,783,406

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$8,783,406
Total Expenses per Audited Statements$8,783,406
Total Expenses per Form 990$8,783,406
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The board of directors was provided a copy of the irs 990 prior to filing and were given an opportunity to comment and ask questions.”

Form 990, Part VI, Section B, Line 12C

“Each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person: a. Has received a copy of the conflicts of interest policy, b. Has read and understands the policy, c. Has agreed to comply with the policy, and d. Understands that saga innovations, inc. Is charitable and in order to maintain its federal tax exemption, it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.”

Form 990, Part VI, Section B, Line 15A

“The board of directors approved the compensation for both alan safran and antonio gutierrez. Both individuals recused themselves from the vote which involved their salary.”

Form 990, Part VI, Section C, Line 19

“For further information, please contact the organization at the mailing address on page one of the form 990.”

Filing and Contact Details

Filer

Filer Name
Saga Innovations Inc
EIN
47-2168942
Phone
3392034700
Address
10 LAUDHOLM RD, NEWTON, MA 02458

Signing Officer

Name
Alan Safran
Title
President
Phone
3392034700
Signed
2021-02-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alan Safran
Formed
2014
Legal Domicile
Ma
Voting Board Members
6
Independent Board Members
4
Employees
314
Volunteers
4

Preparer

Firm
Aafcpas Inc
Address
50 WASHINGTON STREET, WESTBOROUGH, MA 01581
Preparer
Charles J Webb CPA
Phone
5083669100
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“This process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“Saga accounts for uncertainty in income taxes in accordance with asc topic 740, income taxes. This standard clarifies the accounting for uncertainty in tax positions and prescribes a recognition threshold and measurement attribute for the financial statements regarding a tax position taken or expected to be taken in a tax return. Saga has not taken any tax positions which would have a material effect, individually or in the aggregate, upon saga's financial statements at june 30, 2020. Saga believes it has not taken any significant uncertain tax positions that would jeopardize saga's tax-exempt status. Saga's information returns are subject to examination by the federal and state jurisdictions.”

Raw XML AppendixShowing 400 of 477 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OccupancyGrp/TotalAmt0200280
IRS990/OfficeExpensesGrp/FundraisingAmt01908
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05724
IRS990/OfficeExpensesGrp/ProgramServicesAmt030529
IRS990/OfficeExpensesGrp/TotalAmt038161
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03499
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt03496
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt013095
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0322539
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0339130
IRS990/OtherExpensesGrp/Desc0SOFTWARE, SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc1PROGRAM SUPPLIES
IRS990/OtherExpensesGrp/Desc2PAYROLL FEES AND BACKGR
IRS990/OtherExpensesGrp/Desc3PROFESSIONAL DEVELOPMEN
IRS990/OtherExpensesGrp/FundraisingAmt020210
IRS990/OtherExpensesGrp/FundraisingAmt16976
IRS990/OtherExpensesGrp/FundraisingAmt2944
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt060630
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt120927
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22833
IRS990/OtherExpensesGrp/ProgramServicesAmt0323363
IRS990/OtherExpensesGrp/ProgramServicesAmt1222210
IRS990/OtherExpensesGrp/ProgramServicesAmt2111607
IRS990/OtherExpensesGrp/ProgramServicesAmt315109
IRS990/OtherExpensesGrp/TotalAmt0404203
IRS990/OtherExpensesGrp/TotalAmt1222210
IRS990/OtherExpensesGrp/TotalAmt2139510
IRS990/OtherExpensesGrp/TotalAmt318886
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt036288
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0293416
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt05333940
IRS990/OtherSalariesAndWagesGrp/TotalAmt05663644
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt013430
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt040291
IRS990/PayrollTaxesGrp/ProgramServicesAmt0406538
IRS990/PayrollTaxesGrp/TotalAmt0460259
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0965072
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt056348
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt014877
IRS990/PrincipalOfficerNm0ALAN SAFRAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03607828
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03607828
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02804155
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt030597
IRS990/PYOtherExpensesAmt01948749
IRS990/PYOtherRevenueAmt085
IRS990/PYProgramServiceRevenueAmt03308002
IRS990/PYRevenuesLessExpensesAmt0-1285169
IRS990/PYSalariesCompEmpBnftPaidAmt05479259
IRS990/PYTotalExpensesAmt07428008
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06142839
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02035580
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03607828
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01046630
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03000693
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt07193078
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02804155
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0860000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt05625000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt05648800
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt022131033
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt018080
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt030597
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt016298
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0454
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0143
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt065572
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt03607828
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt03308087
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt04671265
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt05086969
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt05428806
IRS990ScheduleA/OtherIncome170Grp/TotalAmt022102955
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.49960
IRS990ScheduleA/PublicSupportTotal170Amt022131033
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt07193078
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02804155
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0860000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt05625000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt05648800
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt022131033
IRS990ScheduleA/TotalSupportAmt044299560
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt08783406
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02484
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02484
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt010818986
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SAGA ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC 740, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. SAGA HAS NOT TAKEN ANY TAX POSITIONS WHICH WOULD HAVE A MATERIAL EFFECT, INDIVIDUALLY OR IN THE AGGREGATE, UPON SAGA'S FINANCIAL STATEMENTS AT JUNE 30, 2020. SAGA BELIEVES IT HAS NOT TAKEN ANY SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD JEOPARDIZE SAGA'S TAX-EXEMPT STATUS. SAGA'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt08783406
IRS990ScheduleD/TotalRevenuePerForm990Amt010818986
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt010818986
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt08783406
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0178469
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt0872
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ALAN SAFRAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0179341
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS WAS PROVIDED A COPY OF THE IRS 990 PRIOR TO FILING AND WERE GIVEN AN OPPORTUNITY TO COMMENT AND ASK QUESTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, B. HAS READ AND UNDERSTANDS THE POLICY, C. HAS AGREED TO COMPLY WITH THE POLICY, AND D. UNDERSTANDS THAT SAGA INNOVATIONS, INC. IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION, IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS APPROVED THE COMPENSATION FOR BOTH ALAN SAFRAN AND ANTONIO GUTIERREZ. BOTH INDIVIDUALS RECUSED THEMSELVES FROM THE VOTE WHICH INVOLVED THEIR SALARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FOR FURTHER INFORMATION, PLEASE CONTACT THE ORGANIZATION AT THE MAILING ADDRESS ON PAGE ONE OF THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/StatesWhereCopyOfReturnIsFldCd1NY
IRS990/StatesWhereCopyOfReturnIsFldCd2IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,857,146
Liabilities
$287,728
Net assets
$4,569,418
Revenue
$10,818,986
Expenses
$8,783,406
Net income
$2,035,580
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.0$1.67$19.3$17.9$29.4$11.5
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.7$1.63$31.1$28.8$27.2$1.60
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.2$0.78$29.5$39.2$21.4$17.8
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.8$0.22$11.6$21.7$15.0$6.70
2020Detailed filing. Detailed filing data is available for this year.$4.86$0.29$4.57$10.8$8.78$2.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.10$0.57$2.53$6.14$7.43$1.29
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.01$0.19$3.82$5.55$10.1$4.51
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.63$0.30$8.33$10.8$8.22$2.58
2016Detailed filing. Detailed filing data is available for this year.$6.29$0.54$5.75$11.1$5.34$5.73
2015Detailed filing. Detailed filing data is available for this year.$0.65$0.63$0.02$0.53$0.51$0.02