Civic Intelligence

Sam Inc.

990 • Fiscal year 2022 • EIN 47-2400657

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

107 S West St 757Alexandria, VA 22314

(571) 989-3611

Siviq Scores

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

Liabilities / Assets

13th percentile

0.00x

Higher debt load relative to assets than 13% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

12th percentile

0.01x

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

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

92nd percentile

60%

Higher net margin than 92% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

61st percentile

$147,976

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 5.1% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

80th percentile

22%

Faster asset growth than 80% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

66th percentile

16%

Faster revenue growth than 66% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Up

$6,780,768

Up $1,204,840 (+22%) from 2021

Net Assets

Up

$6,763,349

Up $1,239,594 (+22%) from 2021

Liabilities

Down

$17,419

Down $34,754 (-67%) from 2021

Revenue

Up

$2,876,229

Up $391,851 (+16%) from 2021

Expenses

Up

$1,149,799

Up $155,371 (+16%) from 2021

Net Income

Up

$1,726,430

Up $236,480 (+16%) from 2021

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2015: $355,469Liabilities 2015: $0Net Assets 2015: $355,4692015Assets 2016: $359,898Liabilities 2016: $4,843Net Assets 2016: $355,0552016Assets 2017: $268,326Liabilities 2017: $5,288Net Assets 2017: $263,0382017Assets 2018: $3,325,118Liabilities 2018: $11,074Net Assets 2018: $3,314,0442018Assets 2019: $4,002,143Liabilities 2019: $53,436Net Assets 2019: $3,948,7072019Assets 2020: $4,269,588Liabilities 2020: $199,268Net Assets 2020: $4,070,3202020Assets 2021: $5,575,928Liabilities 2021: $52,173Net Assets 2021: $5,523,7552021Assets 2022: $6,780,768Liabilities 2022: $17,419Net Assets 2022: $6,763,3492022Assets 2023: $9,036,174Liabilities 2023: $3,439Net Assets 2023: $9,032,7352023Assets 2024: $10,135,586Liabilities 2024: $1,860,098Net Assets 2024: $8,275,4882024

Highlighted filing

2022

Assets$6,780,768
Liabilities$17,419
Net Assets$6,763,349

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2015: $359,314Expenses 2015: $3,845Net Income 2015: $355,4692015Revenue 2016: $312,453Expenses 2016: $312,867Net Income 2016: -$4142016Revenue 2017: $504,133Expenses 2017: $596,150Net Income 2017: -$92,0172017Revenue 2018: $3,860,784Expenses 2018: $809,778Net Income 2018: $3,051,0062018Revenue 2019: $1,627,075Expenses 2019: $992,412Net Income 2019: $634,6632019Revenue 2020: $968,750Expenses 2020: $847,137Net Income 2020: $121,6132020Revenue 2021: $2,484,378Expenses 2021: $994,428Net Income 2021: $1,489,9502021Revenue 2022: $2,876,229Expenses 2022: $1,149,799Net Income 2022: $1,726,4302022Revenue 2023: $3,384,294Expenses 2023: $1,421,725Net Income 2023: $1,962,5692023Revenue 2024: $1,202,541Expenses 2024: $2,264,970Net Income 2024: -$1,062,4292024

Highlighted filing

2022

Revenue$2,876,229
Expenses$1,149,799
Net Income$1,726,430
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$3,211,720
Mission and Program Overview

Mission

To pursue exclusively charitable, educational and scientific purposes by educating the public about and facilitating the establishment of sound drug policy, and providing financial support to organizations with similar charitable, educational and scientific purposes.

Educating the public about and facilitating the establishment of sound drug policy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,020,331$5,556,591▲ $1,536,260
Cash and Non-Interest-Bearing Accounts$1,549,739$1,156,521▼ $393,218
Prepaid Expenses and Deferred Charges$5,758$22,099▲ $16,341
Savings and Temporary Cash Investments$100--
Total Assets$5,575,928$6,780,768▲ $1,204,840
Other Assets Total$0$45,557▲ $45,557
Liabilities
Accounts Payable and Accrued Expenses$4,012$8,940▲ $4,928
Other Liabilities$48,161$8,479▼ $39,682
Total Liabilities$52,173$17,419▼ $34,754
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,523,755$6,763,349▲ $1,239,594
Total Net Assets Fund Balance$5,523,755$6,763,349▲ $1,239,594
Total Liabilities and Net Assets / Fund Balance$5,575,928$6,780,768▲ $1,204,840
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Luke D NiforatosExecutive Vice PresidentPT$134,345$13,631$147,976
Kevin a Sabet-sharghiPresident and CEOPT$104,941$12,237$117,178
Brendan FairfieldDirector of External ProgramsFT$107,803-$107,803

Board Members and Trustees

NameTitle
Ben CortDirector
David GeorgeDirector
Ian ColhounDirector
Jonathan H TalcottDirector
Micael BloomDirector
Steve MilletteDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$2,706,530
Program Service Revenue
$87,107
Investment Income
$77,059
Other Revenue
$5,533
All Other Contributions
$2,706,530
Change in Net Assets
$1,726,430
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$665,011
Other Expenses$484,788
Total Fundraising Expense$127,669
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$301,638$14,476$40,623$356,737
Fees for Services Other$340,088$2,301-$342,389
Current Officers, Directors, Trustees, and Key Employees$122,262$55,854$51,701$229,817
Payroll Taxes$31,131$5,164$6,775$43,070
Other Employee Benefits$25,639$4,241$5,507$35,387
Fees for Services Accounting-$29,833-$29,833
Travel$14,634-$14,634$29,268
Fees for Service Investment Mgmnt Fees-$12,734-$12,734
Office Expenses$3,019$8,555$643$12,217
Occupancy$5,896$978$1,283$8,157
Insurance$4,848$804$1,055$6,707
Information Technology$3,955$656$861$5,472
Conferences and Meetings$2,546-$2,546$5,092
Other Expenses$1,276$642$278$2,196
Fees for Services Legal$883--$883
Advertising-$299-$299
Total Functional Expenses$865,917$156,213$127,669$1,149,799
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Sam Action$8,479
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
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

President and cpa will review and finalize.

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

Officers and board members review and sign policy yearly.

Form 990, Part VI, Section B, Line 15

Several board members, informal advisors and others worked to determine what comparable salaries were.

Form 990, Part VI, Section C, Line 18

Form 990 is available upon request.

Form 990, Part VI, Section C, Line 19

No documents available to public.

Filing and Contact Details

Filer

Filer Name
Sam Inc
EIN
47-2400657
Phone
5719893611
Address
107 S WEST ST 757, ALEXANDRIA, VA 22314

Signing Officer

Name
Luke D Niforatos
Title
Executive Vice President
Phone
5719893611
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin a Sabet-sharghi
Formed
2014
Legal Domicile
Va
Voting Board Members
6
Independent Board Members
6
Employees
9
Volunteers
6

Preparer

Firm
Sikich Llp
Address
333 JOHN CARLYLE STREET SUITE 500, ALEXANDRIA, VA 22314
Preparer
Jill M Boyle CPA
Phone
7038361350
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Outside contract services: program service expenses 340,088. Management and general expenses 0. Fundraising expenses 0. Total expenses 340,088. Payroll processing: program service expenses 0. Management and general expenses 2,301. Fundraising expenses 0. Total expenses 2,301.

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IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0SPEAKING FEES & HONORA
IRS990/ProgramServiceRevenueGrp/Desc1CONFERENCE REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2OTHER PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt064929
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt118806
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt23372
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt064929
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt118806
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23372
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02271349
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt054623
IRS990/PYOtherExpensesAmt0506180
IRS990/PYOtherRevenueAmt07927
IRS990/PYProgramServiceRevenueAmt0150479
IRS990/PYRevenuesLessExpensesAmt01489950
IRS990/PYSalariesCompEmpBnftPaidAmt0488248
IRS990/PYTotalExpensesAmt0994428
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02484378
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01726430
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt087107
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0100
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME - 2020 AMOUNT: $ 2,119. 2021 AMOUNT: $ 7,927. 2022 AMOUNT: $ 5,533.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02706530
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02271349
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0900000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01515270
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03794986
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt011188135
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0109427
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt041768
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0151195
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0481881
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt05533
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt07927
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt02119
IRS990ScheduleA/OtherIncome170Grp/TotalAmt015579
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.41870
IRS990ScheduleA/PublicSupportPY170Pct00.43990
IRS990ScheduleA/PublicSupportTotal170Amt04754202
IRS990ScheduleA/SubstantialContributorsTotAmt06433933
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02706530
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02271349
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0900000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01515270
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03794986
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt011188135
IRS990ScheduleA/TotalSupportAmt011354909
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/OtherLiabilitiesOrgGrp/Amt08479
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO SAM ACTION
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt08479
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRESIDENT AND CPA WILL REVIEW AND FINALIZE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICERS AND BOARD MEMBERS REVIEW AND SIGN POLICY YEARLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SEVERAL BOARD MEMBERS, INFORMAL ADVISORS AND OTHERS WORKED TO DETERMINE WHAT COMPARABLE SALARIES WERE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO DOCUMENTS AVAILABLE TO PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OUTSIDE CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 340,088. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 340,088. PAYROLL PROCESSING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,301. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,301.
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 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0SAM ACTION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0473688463
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(4)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0ADVOCACY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0107 S WEST STREET SUITE 757
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ALEXANDRIA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd022314
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt08479
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt147249
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0SAM ACTION INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1SAM ACTION INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0Q
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1O
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00

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