Civic Intelligence

Sagerstrong Foundation Inc

990 • Fiscal year 2020 • EIN 81-2388305

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 31, 2021

Organization ProfileSAGERSTRONGFOUNDATION.ORG
1165 Mount Paran Road NWAtlanta, GA 30327

(404) 610-6282

Siviq Scores

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

Liabilities / Assets

85th percentile

0.35x

Higher debt load relative to assets than 85% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

98th percentile

4.24x

Higher debt load relative to revenue than 98% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

4th percentile

-292%

Higher net margin than 4% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

89th percentile

$40,000

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 130.2% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

60th percentile

12%

Faster asset growth than 60% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

79th percentile

20%

Faster revenue growth than 79% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets85th percentile

Assets

Up

$376,020

Up $40,547 (+12%) from 2019

Net Assets

Down

$245,926

Down $89,547 (-27%) from 2019

Liabilities

Up

$130,094

Up $130,094 from 2019

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin4th percentile

Revenue

Up

$30,717

Up $5,056 (+20%) from 2019

Expenses

Down

$120,264

Down $162,495 (-57%) from 2019

Net Income

Up

-$89,547

Up $167,551 (+65%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth60th percentile

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

$800K$600K$400K$200K$0-$200KAssets 2016: $139,393Liabilities 2016: $0Net Assets 2016: $139,3932016Assets 2017: $650,508Liabilities 2017: $0Net Assets 2017: $650,5082017Assets 2018: $592,571Liabilities 2018: $0Net Assets 2018: $592,5712018Assets 2019: $335,473Liabilities 2019: $0Net Assets 2019: $335,4732019Assets 2020: $376,020Liabilities 2020: $130,094Net Assets 2020: $245,9262020Assets 2021: $324,505Liabilities 2021: $129,376Net Assets 2021: $195,1292021Assets 2022: $236,969Liabilities 2022: $155,623Net Assets 2022: $81,3462022Assets 2023: $399,799Liabilities 2023: $378,597Net Assets 2023: $21,2022023Assets 2024: $394,968Liabilities 2024: $399,186Net Assets 2024: -$4,2182024

Highlighted filing

2020

Assets$376,020
Liabilities$130,094
Net Assets$245,926
Open 2020 Filing

Operations Trend

Revenue Growth79th percentile

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

$1.0M$500K$0-$500KRevenue 2016: $204,245Expenses 2016: $64,852Net Income 2016: $139,3932016Revenue 2017: $930,804Expenses 2017: $419,689Net Income 2017: $511,1152017Revenue 2018: $146,669Expenses 2018: $130,990Net Income 2018: $15,6792018Revenue 2019: $25,661Expenses 2019: $282,759Net Income 2019: -$257,0982019Revenue 2020: $30,717Expenses 2020: $120,264Net Income 2020: -$89,5472020Revenue 2021: $108,265Expenses 2021: $159,062Net Income 2021: -$50,7972021Revenue 2022: $121,993Expenses 2022: $235,776Net Income 2022: -$113,7832022Revenue 2023: $178,886Expenses 2023: $313,863Net Income 2023: -$134,9772023Revenue 2024: $58,457Expenses 2024: $83,877Net Income 2024: -$25,4202024

Highlighted filing

2020

Revenue$30,717
Expenses$120,264
Net Income-$89,547
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 31, 2021
Return Version
2020v4.1
Gross Receipts
$56,322
Mission and Program Overview

Mission

The support of clinical trials and cancer research for leukemia and other blood cancers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$307,384$345,316▲ $37,932
Rtn Earn Endowment Incm Other Fnds$335,473$245,926▼ $89,547
Cash and Non-Interest-Bearing Accounts$28,089$30,131▲ $2,042
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$335,473$376,020▲ $40,547
Other Assets Total-$573-
Liabilities
Other Liabilities$0$130,094▲ $130,094
Total Liabilities$0$130,094▲ $130,094
Net Assets / Fund Balance
Total Net Assets Fund Balance$335,473$245,926▼ $89,547
Total Liabilities and Net Assets / Fund Balance$335,473$376,020▲ $40,547
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Terri GrunduskiExecutive DirectorPT$40,000$40,000
Stacy SagerPresident-$16,350$16,350
Revenue and Support

Revenue Composition

Contributions and Grants
$30,022
Program Service Revenue
$0
Investment Income
$7,503
Other Revenue
$-6,808
All Other Contributions
$12,902
Change in Net Assets
$-89,547
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$68,002
Other Expenses$49,442
Grants and Similar Amounts Paid$2,820
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$56,350-$56,350
Advertising-$24,176-$24,176
Fees for Services Accounting-$7,835-$7,835
Office Expenses-$7,523-$7,523
Other Employee Benefits-$6,744-$6,744
Travel-$4,980-$4,980
Payroll Taxes-$4,908-$4,908
Fees for Service Investment Mgmnt Fees-$2,795-$2,795
Grants to Domestic Individuals$2,500--$2,500
Fees for Services Legal-$1,791-$1,791
Grants to Domestic Orgs$320--$320
Other Expenses-$142-$142
Total Functional Expenses$2,820$117,444$0$120,264
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$8,988
Fundraising Gross Income$2,180
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
Unrealized Gain/loss$113,894
Economic Injury Disaster Loan$16,200
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 organization's form 990 is prepared by mainsail cpas inc pc and is reviewed by the president of the organization prior to filing.”

Form 990, Part VI, Section C, Line 19

“The organization provides its governing documents, and financial statements to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Sagerstrong Foundation Inc
EIN
81-2388305
Phone
4046106282
Address
1165 MOUNT PARAN ROAD NW, ATLANTA, GA 30327

Signing Officer

Name
Stacy Sager
Title
President
Phone
4046106282
Signed
2021-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stacy Sager
Formed
2016
Legal Domicile
Ga
Voting Board Members
2
Independent Board Members
0
Employees
2
Volunteers
0

Preparer

Firm
Mainsail Cpas
Address
977 PONCE DE LEON AVENUE NE, ATLANTA, GA 30306
Preparer
Katherine Grier
Phone
4045004638
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The organization qualifies as a tax-exempt organization under section 501(c)(3) of the internal revenue code. Accordingly, no provision for federal or state income taxes has been recorded on the accompanying financial statements. The organization is not classified as a private foundation. The organization adopted the provisions of fasb asc topic 740, income taxes. This standard requires the use of a two-step approach for recognizing and measuring tax benefits taken or expected to be taken in a tax return and disclosures regarding uncertainties in income tax positions. Only tax positions that meet the more likely than not recognition threshold are recognized in accordance with asc 740. Management does not believe that the organization has any material uncertain tax positions at december 31, 2020.”

Raw XML Appendix333 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/AccountantCompileOrReviewInd01
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE SUPPORT OF CLINICAL TRIALS AND CANCER RESEARCH FOR LEUKEMIA AND OTHER BLOOD CANCERS.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt024176
IRS990/AdvertisingGrp/TotalAmt024176
IRS990/AllOtherContributionsAmt012902
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/PersonNm0STACY SAGER
IRS990/BooksInCareOfDetail/PhoneNum04046106282
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01165 MOUNT PARAN RD NW
IRS990/BooksInCareOfDetail/USAddress/CityNm0ATLANTA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd030327
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt028089
IRS990/CashNonInterestBearingGrp/EOYAmt030131
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt056350
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt056350
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt07120
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt030022
IRS990/CYGrantsAndSimilarPaidAmt02820
IRS990/CYInvestmentIncomeAmt07503
IRS990/CYOtherExpensesAmt049442
IRS990/CYOtherRevenueAmt0-6808
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-89547
IRS990/CYSalariesCompEmpBnftPaidAmt068002
IRS990/CYTotalExpensesAmt0120264
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt030717
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0SPONSORSHIP OF HOMETOWN HERO SCHOLARSHIP
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt02500
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07835
IRS990/FeesForServicesAccountingGrp/TotalAmt07835
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01791
IRS990/FeesForServicesLegalGrp/TotalAmt01791
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt02795
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt02795
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form8899Filedind00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/PersonNm0TERRI GRUNDUSKI
IRS990/Form990PartVIISectionAGrp/PersonNm1STACY SAGER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt040000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt116350
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02016
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt07120
IRS990/FundraisingDirectExpensesAmt08988
IRS990/FundraisingGrossIncomeAmt02180
IRS990/GainOrLossGrp/SecuritiesAmt0342
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt02
IRS990/GovernmentGrantsAmt010000
IRS990/GrantAmt02500
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt02500
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt02500
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0320
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0320
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt016959
IRS990/GrossReceiptsAmt056322
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt07161
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt07161
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0307384
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0345316
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0GA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt016617
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE SUPPORT OF CLINICAL TRIALS AND CANCER RESEARCH FOR LEUKEMIA AND OTHER BLOOD CANCERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0335473
IRS990/NetAssetsOrFundBalancesEOYAmt0245926
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0342
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0342
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-6808
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-6808
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07523
IRS990/OfficeExpensesGrp/TotalAmt07523
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt0573
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt06744
IRS990/OtherEmployeeBenefitsGrp/TotalAmt06744
IRS990/OtherExpensesGrp/Desc0LICENSES AND PERMITS
IRS990/OtherExpensesGrp/Desc1FOREIGN TAX PAID
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0200
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1142
IRS990/OtherExpensesGrp/TotalAmt0200
IRS990/OtherExpensesGrp/TotalAmt1142
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt0130094
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04908
IRS990/PayrollTaxesGrp/TotalAmt04908
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0STACY SAGER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0DONATION OF PROFITS TO CHILDREN'S HEALTHCARE OF ATLANTA, THE ZONE, AND MT. PARAN NORTH CHURCH TO SUPPORT CANCER RESEARCH AND AWARENESS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0320
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0320
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt037308
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0183200
IRS990/PYInvestmentIncomeAmt0-3825
IRS990/PYOtherExpensesAmt049976
IRS990/PYOtherRevenueAmt0-7822
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-257098
IRS990/PYSalariesCompEmpBnftPaidAmt049583
IRS990/PYTotalExpensesAmt0282759
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt025661
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-89547
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0335473
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0245926
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt030022
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt037308
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0131672
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0834343
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0142001
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01175346
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01175346
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt030022
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt037308
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0131672
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0834343
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0142001
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01175346
IRS990ScheduleA/TotalSupportAmt01175346
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/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt016200
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1113894
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ECONOMIC INJURY DISASTER LOAN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1UNREALIZED GAIN/LOSS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR FEDERAL OR STATE INCOME TAXES HAS BEEN RECORDED ON THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. THE ORGANIZATION ADOPTED THE PROVISIONS OF FASB ASC TOPIC 740, INCOME TAXES. THIS STANDARD REQUIRES THE USE OF A TWO-STEP APPROACH FOR RECOGNIZING AND MEASURING TAX BENEFITS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AND DISCLOSURES REGARDING UNCERTAINTIES IN INCOME TAX POSITIONS. ONLY TAX POSITIONS THAT MEET THE MORE LIKELY THAN NOT RECOGNITION THRESHOLD ARE RECOGNIZED IN ACCORDANCE WITH ASC 740. MANAGEMENT DOES NOT BELIEVE THAT THE ORGANIZATION HAS ANY MATERIAL UNCERTAIN TAX POSITIONS AT DECEMBER 31, 2020.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt0130094
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0REGULAR CONTACT AND FOLLOWUP WITH ORGANIZATIONS TO DISCUSS RESEARCH PROGRESS, USE OF FUNDS, AND BREAKTHROUGHS IN THE FIELD. \G 2 2020X:10985:V1-SAGERSTRONG FOUNDATION, INC. NEED TO KNOW CONTRIBUTOR INFO FOR 10,900 DEPOSIT MADE ON 4/28/20 \G 2 2020X:10985:V1-SAGERSTRONG FOUNDATION, INC. LEFT TURNER BROADCASTING AND ANGEL OAK IN CONTRIBUTOR LIST FOR NOW JUST IN CASE THEY MADE THE 10,900 CONTRIBUTION--ONCE WE CAN RULE ONE OR BOTH OUT, WE CAN REMOVE \G 2 2020X:10985:V1-SAGERSTRONG FOUNDATION, INC. IS THERE A CA OR NY FILING REQUIREMENT NOW? \G 2 2020X:10985:V1-SAGERSTRONG FOUNDATION, INC. EIDL SHOULD TECHNICALLY BE ON BALANCE SHEET, BUT IT IS THROWING OFF PART X; EXCLUDING FOR NOW \G 2 2020X:10985:V1-SAGERSTRONG FOUNDATION, INC. PUT LOAN TO STACY IN OTHER ASSETS TO PREVENT SCH L FILING REQUIREMENT
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S FORM 990 IS PREPARED BY MAINSAIL CPAS INC PC AND IS REVIEWED BY THE PRESIDENT OF THE ORGANIZATION PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION PROVIDES ITS GOVERNING DOCUMENTS, AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0335473
IRS990/TotalAssetsEOYAmt0376020
IRS990/TotalAssetsGrp/BOYAmt0335473
IRS990/TotalAssetsGrp/EOYAmt0376020
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt030022
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0117444
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02820
IRS990/TotalFunctionalExpensesGrp/TotalAmt0120264
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt0130094
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0130094
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0335473
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0245926
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt02820
IRS990/TotalReportableCompFromOrgAmt056350
IRS990/TotalRevenueGrp/ExclusionAmt0-6466
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt07161
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt030717
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0335473
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0376020
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt04980
IRS990/TravelGrp/TotalAmt04980
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01165 MOUNT PARAN RD NW
IRS990/USAddress/CityNm0ATLANTA
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd030327
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0HTTPS://SAGERSTRONGFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0STACY SAGER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04046106282
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SAGERSTRONG FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0SAGE
ReturnHeader/Filer/EIN0812388305
ReturnHeader/Filer/PhoneNum04046106282
ReturnHeader/Filer/USAddress/AddressLine1Txt01165 MOUNT PARAN ROAD NW
ReturnHeader/Filer/USAddress/CityNm0ATLANTA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030327
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0472289014
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MAINSAIL CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0977 PONCE DE LEON AVENUE NE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ATLANTA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030306
ReturnHeader/PreparerPersonGrp/PhoneNum04045004638
ReturnHeader/PreparerPersonGrp/PreparationDt02021-10-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KATHERINE GRIER
ReturnHeader/ReturnTs02021-11-05T08:27:09-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0STACY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SAGER
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$376,020
Liabilities
$130,094
Net assets
$245,926
Revenue
$30,717
Expenses
$120,264
Net income
-$89,547
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.95$3.99$0.04$0.58$0.84$0.25
2023Detailed filing. Detailed filing data is available for this year.$4.00$3.79$0.21$1.79$3.14$1.35
2022Detailed filing. Detailed filing data is available for this year.$2.37$1.56$0.81$1.22$2.36$1.14
2021Detailed filing. Detailed filing data is available for this year.$3.25$1.29$1.95$1.08$1.59$0.51
2020Detailed filing. Detailed filing data is available for this year.$3.76$1.30$2.46$0.31$1.20$0.90
2019Detailed filing. Detailed filing data is available for this year.$3.35$0.00$3.35$0.26$2.83$2.57
2018Detailed filing. Detailed filing data is available for this year.$5.93$0.00$5.93$1.47$1.31$0.16
2017Detailed filing. Detailed filing data is available for this year.$6.51$0.00$6.51$9.31$4.20$5.11
2016Summary only. Only limited summary data is available for this year.$1.39$0.00$1.39$2.04$0.65$1.39