Civic Intelligence

Saving Amy Inc.

990 • Fiscal year 2023 • EIN 47-4771315

Jan 01, 2023 to Dec 31, 2023 • Filed on May 07, 2024

3117 N 44th StreetPhoenix, AZ 85018

(602) 612-2624

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

32nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

25th percentile

-9.3%

Higher net margin than 25% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

95th percentile

$165,200

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 19.7% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

4th percentile

-42%

Faster asset growth than 4% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

72nd percentile

30%

Faster revenue growth than 72% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$95,081

Down $68,115 (-42%) from 2022

Net Assets

Down

$95,081

Down $68,115 (-42%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$840,370

Up $194,601 (+30%) from 2022

Expenses

Up

$918,117

Up $212,623 (+30%) from 2022

Net Income

Down

-$77,747

Down $18,022 (-30%) from 2022

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0-$100KAssets 2017: $0Liabilities 2017: $200Net Assets 2017: -$2002017Assets 2018: $15,053Liabilities 2018: $0Net Assets 2018: $15,0532018Assets 2019: $29,910Liabilities 2019: $3,105Net Assets 2019: $26,8052019Assets 2020: $84,642Liabilities 2020: $3,105Net Assets 2020: $81,5372020Assets 2021: $162,193Liabilities 2021: $0Net Assets 2021: $162,1932021Assets 2022: $163,196Liabilities 2022: $0Net Assets 2022: $163,1962022Assets 2023: $95,081Liabilities 2023: $0Net Assets 2023: $95,0812023Assets 2024: $360,099Liabilities 2024: $0Net Assets 2024: $360,0992024

Highlighted filing

2023

Assets$95,081
Liabilities$0
Net Assets$95,081

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2017: $9,200Expenses 2017: $10,911Net Income 2017: -$1,7112017Revenue 2018: $46,812Expenses 2018: $34,286Net Income 2018: $12,5262018Revenue 2019: $208,121Expenses 2019: $194,233Net Income 2019: $13,8882019Revenue 2020: $412,831Expenses 2020: $358,099Net Income 2020: $54,7322020Revenue 2021: $602,991Expenses 2021: $509,616Net Income 2021: $93,3752021Revenue 2022: $645,769Expenses 2022: $705,494Net Income 2022: -$59,7252022Revenue 2023: $840,370Expenses 2023: $918,117Net Income 2023: -$77,7472023Revenue 2024: $1,034,834Expenses 2024: $769,816Net Income 2024: $265,0182024

Highlighted filing

2023

Revenue$840,370
Expenses$918,117
Net Income-$77,747
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 7, 2024
Return Version
2023v5.1
Gross Receipts
$840,370
Mission and Program Overview

Mission

Creating community. Transforming lives. Resolving homelessness.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$163,196$95,081▼ $68,115
Cash and Non-Interest-Bearing Accounts$100,490$21,432▼ $79,058
Other Notes and Loans Receivable, Net-$1,311-
Total Assets$163,196$95,081▼ $68,115
Other Assets Total$62,706$72,338▲ $9,632
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$163,196$95,081▼ $68,115
Total Liabilities and Net Assets / Fund Balance$163,196$95,081▼ $68,115

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$1,980--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jennifer KiernanExecutive DirectorFT$132,200$33,000$165,200

Board Members and Trustees

NameTitle
Carey MusilBoard Member
Christina IvanhoeBoard Member
John HarrisBoard Member
Kim QuallsBoard Member
Sarah LoukutaBoard Member
Tillie McCoyBoard Member
Valerie ParkesBoard Member
Jessica GrussingProgram Director
Revenue and Support

Revenue Composition

Contributions and Grants
$838,216
Program Service Revenue
$0
Investment Income
$8
Other Revenue
$2,146
All Other Contributions
$508,166
Change in Net Assets
$-77,747

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 AmountValuation Method
Cars and Other Vehicles5$26,714Fair Market Value (FMV) Cars & Repairs
Other Non Cash Contri Table2$15,010-
Other Non Cash Contri Table6$10,141-
Other Non Cash Contri Table24$8,379-
Other Non Cash Contri Table6$2,450-
Total Noncash Contributions43$62,694-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$334,875
Salaries, Compensation, and Employee Benefits$325,798
Other Expenses$257,444
Total Fundraising Expense$63,949
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$334,875--$334,875
Current Officers, Directors, Trustees, and Key Employees$123,900$16,520$24,780$165,200
Fees for Services Other$111,415$24,893$13,927$150,235
Other Salaries and Wages$111,053$13,882$13,882$138,817
Occupancy-$29,173-$29,173
Payroll Taxes$17,654$2,178$1,949$21,781
Fees for Services Management$16,587$1,496$2,734$20,817
Travel$13,331--$13,331
Office Expenses$9,988$1,262$1,351$12,601
Information Technology-$11,527-$11,527
Advertising--$5,233$5,233
Other Expenses$1,045$3,691$93$3,691
Insurance-$2,051-$2,051
Total Functional Expenses$739,848$114,320$63,949$918,117
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
SA Celebrati$330,050$134,766$40,847$93,919
Total Events$330,050$134,766$139,269$-4,503
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
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 governing body review Part VI line 11

The Executive Director and the Program Director review the Form 990 for accuracy. Theboard members receive a copy of the draft return to review prior to filing.

Conflict of interest policy compliance Part VI line 12C

Members of the Board are trained on the Conflict of Interest Policy annually at one of the organizations public meetings where they are reminded of their requirement to disclose any interest when the Board is contemplating entering into a transaction or arrangement during the year that might benefit the private interest of an officer or director of the Organization or might result in a possible excess benefit transaction.

CEO executive director top management comp Part VI line 15A

The Budget Committee holds a meeting and the committee members vote.

Governing documents etc available to public Part VI line 19

Available upon request.

Filing and Contact Details

Filer

Filer Name
Saving Amy Inc
EIN
47-4771315
Address
3117 N 44TH STREET, Phoenix, AZ 85018

Signing Officer

Name
Jennifer Kiernan
Title
Executive Direc
Phone
6026122624
Signed
2024-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Kiernan
Formed
2015
Legal Domicile
Az
Voting Board Members
8
Independent Board Members
7
Employees
5
Volunteers
300

Preparer

Firm
E Todd Pepper CPA
Address
70 S Val Vista Drive A-3 616, Gilbert, AZ 85296
Preparer
Jared Anthony Smout CPA
Phone
4802361755
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Saving Amy received an endowment on 10/31/22 to be held with the Catholic Community Foundation. The change in net assets reflects the annual increase or decrease to that endowment balance when compared to the prior year.

List of other fees for services expenses Part IX line 11G

These other fees are for various vendors contracted to provide entertainment, food and beverage, valet, rental, and other services for the organizations annual fundraising event. A break down of those amounts can be found on Schedule G, Part II in the direct expenses section.

General explanation attachment

Saving Amy, established as a 501(c)3 organization in 2015, is passionately committed to Creating Community, Transforming Lives, and Resolving Homelessness throughout the Phoenix area and its surrounding communities. We take pride in our unwavering dedication to supporting families and veterans representing a rich tapestry of backgrounds, including race, ethnicity, religion, gender, sexual orientation, gender identity, age, disability, and national origin.At Saving Amy, our primary objective is to extend a compassionate hand-up to those in need, guiding our families toward self-sufficiency while breaking the cycle of homelessness. Our holistic approach encompasses five transformative programs: Empowerment Through Therapy: Through this program, we offer trauma therapy for adults and children, conducted by licensed trauma therapists who bring expertise across the Valley. Each of our families receives personalized attention tailored to the unique needs and guidance provided by the therapist.Kids Go: In partnership with esteemed institutions such as Brophy College Preparatory and local high schools, we proudly offer year-round mentoring, tutoring, and an engaging summer camp experience for our cherished Saving Amy children. Additionally, one day every weekend is dedicated to enriching activities that expand the horizons of Saving Amys children. We kick off the Saving Amy Bridge and Summer Reading Program in May, enhancing academic skills and preparing them for the upcoming school year. Our tutors/mentors lead a Saving Amy summer camp with engaging activities like ice skating, movies, science museum visits, and picnics.Rolling Forward: Accessible and reliable transportation is key to overcoming homelessness. Our transportation program leverages donated vehicles, Lyft credits, and Uber rides to ensure that individuals can readily access employment, educational opportunities, medical appointments, and extracurricular activities, promoting independence and stability. Additionally, Saving Amy has established partnerships with the Arizona Humane Society, allowing us to acquire vehicles at significantly discounted rates. Rise Up: Comprising two vital components, this program offers essential support through rent subsidies, utilities, furniture, and household supplies. Equally important, it empowers families to escape low-income neighborhoods, fostering hope and brighter futures.THRIVE: Through our life skills program, we impart critical skills in budgeting, nutrition, career development, parenting, and meditation. These abilities empower individuals to flourish in every facet of their lives. Each family we serve is matched with a dedicated mentor, and every child benefits from the guidance and support of a tutor/mentor. With the holistic support and resources we provide, families who embark on their journey with Saving Amy shed the burden of trauma, cultivate healthier lifestyles, and emerge as active, thriving contributors to society.We take immense pride in our remarkable track record, where we have a 100% success rate, and every single family weve supported has transitioned to stable, independent living, making substantial contributions to our community.

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IRS990/ProgSrvcAccomActy2Grp/Desc0Rolling Forward: Accessible and reliable transportation is key to overcoming homelessness. Our transportation program leverages donated vehicles, Lyft credits, and Uber rides to ensure that individuals can readily access employment, educational opportunities, medical appointments, and extracurricular activities, promoting independence and stability. Additionally, Saving Amy has established partnerships with the Arizona Humane Society, allowing us to acquire vehicles at significantly discounted rates.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0198027
IRS990/ProgSrvcAccomActy2Grp/GrantAmt089632
IRS990/ProgSrvcAccomActy3Grp/Desc0Kids Go: In partnership with esteemed institutions such as Brophy College Preparatory and local high schools, we proudly offer year-round mentoring, tutoring, and an engaging summer camp experience for our cherished Saving Amy children. Additionally, one day every weekend is dedicated to enriching activities that expand the horizons of Saving Amys children. We kick off the Saving Amy Bridge and Summer Reading Program in May, enhancing academic skills and preparing them for the upcoming school year. Our tutors/mentors lead a Saving Amy summer camp with engaging activities like ice skating, movies, science museum visits, and picnics.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0189014
IRS990/ProgSrvcAccomActy3Grp/GrantAmt085553
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Empowerment Through Therapy: Through this program, we offer trauma therapy for adults and children, conducted by licensed trauma therapists who bring expertise across the Valley. Each of our families receives personalized attention tailored to the unique needs and guidance provided by the therapist.
IRS990/ProgSrvcAccomActyOtherGrp/Desc1THRIVE: Through our life skills program, we impart critical skills in budgeting, nutrition, career development, parenting, and meditation. These abilities empower individuals to flourish in every facet of their lives.
IRS990/ProgSrvcAccomActyOtherGrp/Desc2CHRISTMAS ANGELS: Providing Christmas gifts to individuals and families in the community who are in need
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IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt126281
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IRS990ScheduleA/TotalSupportAmt02682012
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Empowerment Through Therapy
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1Kids GO Program
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2Rolling Forward
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt3Rise Up
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt4THRIVE
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0Discounted therapy sessions
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc1Donated vehicle repairs
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc2Donated vehicle repairs
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc3Donated moving help
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc4See Schedule O for explanation
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc5See Schedule O for explanation
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Jennifer Kiernan
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive Director
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IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
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IRS990ScheduleM/CarsAndOtherVehiclesGrp/MethodOfDeterminingRevenuesTxt0FMV Cars & Repairs
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IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt02
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IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0Auction Items
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1Therapy Sessions
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc2Moving Services
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc3Miscellaneous
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