Civic Intelligence

Saga Innovations Inc

990 • Fiscal year 2017 • EIN 47-2168942

Jul 01, 2016 to Jun 30, 2017 • Filed on Dec 20, 2017

Organization ProfileWWW.SAGAINNOVATIONS.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

23rd percentile

0.04x

Higher debt load relative to assets than 23% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

12th percentile

0.03x

Higher debt load relative to revenue than 12% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

81st percentile

24%

Higher net margin than 81% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

46th percentile

$161,997

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

92nd percentile

37%

Faster asset growth than 92% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

27th percentile

-2.5%

Faster revenue growth than 27% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets23rd percentile

Assets

Up

$8,631,451

Up $2,339,514 (+37%) from 2016

Net Assets

Up

$8,329,112

Up $2,576,382 (+45%) from 2016

Liabilities

Down

$302,339

Down $236,868 (-44%) from 2016

Revenue And Expenses
Liabilities / Revenue12th percentileNet Margin81st percentile

Revenue

Down

$10,796,693

Down $281,056 (-2.5%) from 2016

Expenses

Up

$8,220,311

Up $2,876,552 (+54%) from 2016

Net Income

Down

$2,576,382

Down $3,157,608 (-55%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth92nd 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

2017

Assets$8,631,451
Liabilities$302,339
Net Assets$8,329,112
Open 2017 Filing

Operations Trend

Revenue Growth27th 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

2017

Revenue$10,796,693
Expenses$8,220,311
Net Income$2,576,382
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Dec 20, 2017
Return Version
2016v3.0
Gross Receipts
$10,796,693
Mission and Program Overview

Mission

We leverage the proven power of high-impact tutoring (hit) to transform public education and improve outcomes for underserved students.

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$4,991,653$5,249,630▲ $257,977
Savings and Temporary Cash Investments$1,100,296$3,224,020▲ $2,123,724
Cash and Non-Interest-Bearing Accounts$180,175$149,748▼ $30,427
Prepaid Expenses and Deferred Charges$18,430$7,498▼ $10,932
Land, Buildings, and Equipment, Net$1,383$555▼ $828
Total Assets$6,291,937$8,631,451▲ $2,339,514
Liabilities
Deferred Revenue$300,000$154,975▼ $145,025
Mortgage Notes Payable Secured by Investment Property$150,000--
Accounts Payable and Accrued Expenses$89,207$147,364▲ $58,157
Total Liabilities$539,207$302,339▼ $236,868
Net Assets / Fund Balance
Temporarily Rstr Net Assets$5,355,554$8,047,500▲ $2,691,946
Unrestricted Net Assets$397,176$281,612▼ $115,564
Total Net Assets Fund Balance$5,752,730$8,329,112▲ $2,576,382
Total Liabilities and Net Assets / Fund Balance$6,291,937$8,631,451▲ $2,339,514

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$555$1,929$2,484
Compensation and Service Providers
Top Officer Pay46th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Alan SafranPresident and ChairFT$161,190$807$161,997
Antonio GutierrezVice President and Vice ChFT$82,800$15,424$98,224

Board Members and Trustees

NameTitle
Jared TailleferDirector
Karl ReidDirector
Tony LuckettDirector
Mary SposatoClerk
Meredith LiuTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$5,709,270
Program Service Revenue
$5,079,719
Investment Income
$454
Other Revenue
$7,250
All Other Contributions
$5,709,270
Change in Net Assets
$2,576,382

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,796,693
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$10,796,693
Total Revenue per Form 990
$10,796,693
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,762,061
Other Expenses$1,458,250
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$5,432,137$249,172-$5,681,309
Payroll Taxes$470,377$53,428-$523,805
Other Employee Benefits$306,547--$306,547
Current Officers, Directors, Trustees, and Key Employees-$250,400-$250,400
Travel$127,653$67,255-$194,908
All Other Expenses$102,459$40,146-$142,605
Fees for Services Other$65,442$10,571-$76,013
Fees for Services Accounting-$62,868-$62,868
Other Expenses$44,281$11,798-$56,079
Fees for Services Management$28,162$3,205-$31,367
Insurance$18,852$5,013-$23,865
Interest-$3,647-$3,647
Advertising$3,117--$3,117
Depreciation Depletion$828--$828
Office Expenses$697--$697
Total Functional Expenses$7,448,429$771,882$0$8,220,311

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$8,220,311
Total Expenses per Audited Statements$8,220,311
Total Expenses per Form 990$8,220,311
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
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 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
7818167242
Signed
2017-12-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alan Safran
Formed
2014
Legal Domicile
Ma
Voting Board Members
7
Independent Board Members
5
Employees
335
Volunteers
0

Preparer

Firm
James a George Pc
Address
401 EDGEWATER PLACE SUITE 190, WAKEFIELD, MA 01880
Phone
7812458200
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The organization is exempt from income taxes as a charitable organization under section 501(c)(3) of the internal revenue code and is not classified as a private foundation. The organization accounts for uncertainty in income taxes in accordance with asc topic, income taxes. This standard clarifies the accounting for uncertainty in tax positions and prescribes a recognition threshold and measurement attribute for the financial statement regarding a tax position taken or expected to be taken on a tax return. The organization has determined that there are no uncertain tax positions which qualify for either recognition or disclosure in the financial statements at june 30, 2017. The organization's information returns are subject to examination by the federal and state jurisdictions and generally remain open for the most recent three years.”

Raw XML AppendixShowing 400 of 433 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt089207
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0147364
IRS990/AccountsReceivableGrp/BOYAmt04991653
IRS990/AccountsReceivableGrp/EOYAmt05249630
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0SAGA 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.
IRS990/AdvertisingGrp/ProgramServicesAmt03117
IRS990/AdvertisingGrp/TotalAmt03117
IRS990/AllOtherContributionsAmt05709270
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt040146
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0102459
IRS990/AllOtherExpensesGrp/TotalAmt0142605
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum03392034700
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt010 LAUDHOLM RD
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEWTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002458
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0180175
IRS990/CashNonInterestBearingGrp/EOYAmt0149748
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0250400
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0250400
IRS990/CompDisqualPersonsGrp/ManagementAndGeneralAmt0249172
IRS990/CompDisqualPersonsGrp/ProgramServicesAmt05432137
IRS990/CompDisqualPersonsGrp/TotalAmt05681309
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt05709270
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0454
IRS990/CYOtherExpensesAmt01458250
IRS990/CYOtherRevenueAmt07250
IRS990/CYProgramServiceRevenueAmt05079719
IRS990/CYRevenuesLessExpensesAmt02576382
IRS990/CYSalariesCompEmpBnftPaidAmt06762061
IRS990/CYTotalExpensesAmt08220311
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt010796693
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0300000
IRS990/DeferredRevenueGrp/EOYAmt0154975
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0828
IRS990/DepreciationDepletionGrp/TotalAmt0828
IRS990/Desc0IN FY17, SAGA CONTINUED TO GROW ITS PROGRAMS AND MISSIONS IN NEW YORK AND CHICAGO SCHOOL SYSTEMS WHILE EXPANDING ITS SERVICES SCOPE. THESE INCLUDED HIGH DOSAGE MATH TUTORING TO 3 NYC SCHOOLS AND 16 CHICAGO PUBLIC SCHOOLS INCLUDING A CHARTER SCHOOL, LITERACY PROGRAMS TO 2 SCHOOLS IN CHICAGO, A SIX TUTOR SMALL SUMMER PROGRAM IN CHICAGO FOR MATH AND LITERACY AND A THREE TUTOR SMALL SUMMER JUVENILE DETENTION TUTORING PILOT, ETC. COMBINED, THE NUMBER OF STUDENTS SERVED BY SAGA HAVE GROWN FROM 130 IN FY15 TO 2,500 IN FY17, AS TUTORS HAVE GROWN COMMENSURATE FROM 10 IN FY15 TO 178 IN FY17. THE CHICAGO PUBLIC SCHOOLS CONTRACT RUNS FROM FY16 THROUGH FY19, WHILE THE NYC THREE YEAR CONTRACT RAN FROM FY15 TO FY17 AND SAGA IS IN DISCUSSIONS FOR A MULTI-YEAR RENEWAL. SAGA'S GROWTH FROM TWO FOUNDERS TO FY17'S 225 EMPLOYEES HAS SUPPORTED ITS MISSION TO HELP A WIDE AGE RANGE OF SCHOOL AGED CHILDREN IN THEIR LEARNING SUCCESS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0335
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt07448429
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt062868
IRS990/FeesForServicesAccountingGrp/TotalAmt062868
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt03205
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt028162
IRS990/FeesForServicesManagementGrp/TotalAmt031367
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt010571
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt065442
IRS990/FeesForServicesOtherGrp/TotalAmt076013
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt3807
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt415424
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0JARED TAILLEFER
IRS990/Form990PartVIISectionAGrp/PersonNm1TONY LUCKETT
IRS990/Form990PartVIISectionAGrp/PersonNm2KARL REID
IRS990/Form990PartVIISectionAGrp/PersonNm3ALAN SAFRAN
IRS990/Form990PartVIISectionAGrp/PersonNm4ANTONIO GUTIERREZ
IRS990/Form990PartVIISectionAGrp/PersonNm5MEREDITH LIU
IRS990/Form990PartVIISectionAGrp/PersonNm6MARY SPOSATO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3161190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt482800
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT AND CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDENT AND VICE CH
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6CLERK
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02014
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt010796693
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt05013
IRS990/InsuranceGrp/ProgramServicesAmt018852
IRS990/InsuranceGrp/TotalAmt023865
IRS990/InterestGrp/ManagementAndGeneralAmt03647
IRS990/InterestGrp/TotalAmt03647
IRS990/InvestmentIncomeGrp/ExclusionAmt0454
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0454
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt016
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01929
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01383
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0555
IRS990/LandBldgEquipCostOrOtherBssAmt02484
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SAGA INNOVATIONS IS A NONPROFIT ORGANIZATION BASED IN BOSTON, MA DEDICATED TO TRANSFORM PUBLIC EDUCATION IN AMERICA. THE MISSION OF SAGA INNOVATIONS IS TO TRANSFORM THE LIVES OF AT-RISK STUDENTS BY MOTIVATING THEM TO GENERATE NEW LEVELS OF EFFORT, DEVELOPING THEIR ACADEMIC AND PROBLEM-SOLVING SKILLS AND BUILDING THEIR CONFIDENCE, THROUGH PERSONALIZED INSTRUCTION IN THE SCHOOL DAY THAT SECURES STRONG RELATIONSHIPS AMONG STUDENT, TUTOR, SCHOOL AND FAMILY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0150000
IRS990/NetAssetsOrFundBalancesBOYAmt05752730
IRS990/NetAssetsOrFundBalancesEOYAmt08329112
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt0697
IRS990/OfficeExpensesGrp/TotalAmt0697
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0306547
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0306547
IRS990/OtherExpensesGrp/Desc0RECRUITMENT EXPENSES
IRS990/OtherExpensesGrp/Desc1BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc2SUPPLIES
IRS990/OtherExpensesGrp/Desc3STUDENT/TUTOR/STAFF INC
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01134
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt113245
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt211798
IRS990/OtherExpensesGrp/ProgramServicesAmt0503066
IRS990/OtherExpensesGrp/ProgramServicesAmt1188000
IRS990/OtherExpensesGrp/ProgramServicesAmt2156811
IRS990/OtherExpensesGrp/ProgramServicesAmt344281
IRS990/OtherExpensesGrp/TotalAmt0504200
IRS990/OtherExpensesGrp/TotalAmt1188000
IRS990/OtherExpensesGrp/TotalAmt2170056
IRS990/OtherExpensesGrp/TotalAmt356079
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt07250
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt07250
IRS990/OtherRevenueTotalAmt07250
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt053428
IRS990/PayrollTaxesGrp/ProgramServicesAmt0470377
IRS990/PayrollTaxesGrp/TotalAmt0523805
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt018430
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07498
IRS990/PrincipalOfficerNm0ALAN SAFRAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05079719
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05079719
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt05648800
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0143
IRS990/PYOtherExpensesAmt01035241
IRS990/PYOtherRevenueAmt028314
IRS990/PYProgramServiceRevenueAmt05400492
IRS990/PYRevenuesLessExpensesAmt05733990
IRS990/PYSalariesCompEmpBnftPaidAmt04308518
IRS990/PYTotalExpensesAmt05343759
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt011077749
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02576382
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt05086969
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01100296
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03224020
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt05625000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt05648800
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0130000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt011403800
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0454
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0143
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt016
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0613
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt010878095
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt07250
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt028314
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt02902
IRS990ScheduleA/OtherIncome170Grp/TotalAmt038466
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt011403800
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt05625000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt05648800
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0130000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt011403800
IRS990ScheduleA/TotalSupportAmt011442879
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/EquipmentGrp/BookValueAmt0555
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01929
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02484
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt08220311
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt010796693
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM INCOME TAXES AS A CHARITABLE ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. THE ORGANIZATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT JUNE 30, 2017. THE ORGANIZATION'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS AND GENERALLY REMAIN OPEN FOR THE MOST RECENT THREE YEARS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0555
IRS990ScheduleD/TotalExpensesPerForm990Amt08220311
IRS990ScheduleD/TotalRevenuePerForm990Amt010796693
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt010796693
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt08220311
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0161190
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt0807
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ALAN SAFRAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT AND CHAIR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0161997
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/ExplanationTxt1THE 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/ExplanationTxt2FOR FURTHER INFORMATION, PLEASE CONTACT THE ORGANIZATION AT THE MAILING ADDRESS ON PAGE ONE OF THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/StatesWhereCopyOfReturnIsFldCd1NY
IRS990/StatesWhereCopyOfReturnIsFldCd2IL
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt05355554
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt08047500
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt06291937
IRS990/TotalAssetsEOYAmt08631451
IRS990/TotalAssetsGrp/BOYAmt06291937
IRS990/TotalAssetsGrp/EOYAmt08631451
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt05709270
IRS990/TotalEmployeeCnt0335
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0771882
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt07448429
IRS990/TotalFunctionalExpensesGrp/TotalAmt08220311
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0539207
IRS990/TotalLiabilitiesEOYAmt0302339
IRS990/TotalLiabilitiesGrp/BOYAmt0539207
IRS990/TotalLiabilitiesGrp/EOYAmt0302339
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05752730
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt08329112
IRS990/TotalOtherCompensationAmt016231
IRS990/TotalProgramServiceExpensesAmt07448429
IRS990/TotalProgramServiceRevenueAmt05079719
IRS990/TotalReportableCompFromOrgAmt0243990
IRS990/TotalRevenueGrp/ExclusionAmt0454
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05086969
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt010796693
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06291937
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt08631451
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt067255
IRS990/TravelGrp/ProgramServicesAmt0127653
IRS990/TravelGrp/TotalAmt0194908
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0397176
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0281612
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt010 LAUDHOLM RD
IRS990/USAddress/CityNm0NEWTON
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002458
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0HTTP://WWW.SAGAINNOVATIONS.ORG/
IRS990/WhistleblowerPolicyInd01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,631,451
Liabilities
$302,339
Net assets
$8,329,112
Revenue
$10,796,693
Expenses
$8,220,311
Net income
$2,576,382
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
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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
2017Detailed filing. Detailed filing data is available for this year.$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