Civic Intelligence

Sam T Foundation Inc.

990 • Fiscal year 2022 • EIN 82-4375680

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 30, 2023

Organization Profile
2322 Riverton RoadCinnaminson, NJ 08077

(856) 384-8400

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2022 filings • NTEE O50 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • NTEE O50 • <$500k nonprofits • Source year 2022

Net Margin

13th percentile

-35%

Higher net margin than 13% of similar nonprofits.

2022 filings • NTEE O50 • <$500k nonprofits • Source year 2022

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • NTEE O50 • <$500k nonprofits • Source year 2022

Asset Growth

8th percentile

-72%

Faster asset growth than 8% of similar nonprofits.

2022 filings • NTEE O50 • <$500k nonprofits • Annualized from 2020 to 2022

Revenue Growth

9th percentile

-50%

Faster revenue growth than 9% of similar nonprofits.

2022 filings • NTEE O50 • <$500k nonprofits • Annualized from 2020 to 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$8,843

Down $105,001 (-92%) from 2020

Net Assets

Down

$8,843

Down $105,001 (-92%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin13th percentile

Revenue

Down

$76,800

Down $231,625 (-75%) from 2020

Expenses

Down

$103,505

Down $94,253 (-48%) from 2020

Net Income

Down

-$26,705

Down $137,372 (-124%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

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

$150K$100K$50K$0Assets 2019: $3,177Liabilities 2019: $02019Assets 2020: $113,844Liabilities 2020: $0Net Assets 2020: $113,8442020Assets 2022: $8,843Liabilities 2022: $0Net Assets 2022: $8,8432022Assets 2023: $94,408Liabilities 2023: $0Net Assets 2023: $94,4082023Assets 2024: $37,334Liabilities 2024: $0Net Assets 2024: $37,3342024

Highlighted filing

2022

Assets$8,843
Liabilities$0
Net Assets$8,843
Open 2022 Filing

Operations Trend

Revenue Growth9th percentile

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

$400K$300K$200K$100K$0-$100KRevenue 2019: $76,800Expenses 2019: $73,623Net Income 2019: $3,1772019Revenue 2020: $308,425Expenses 2020: $197,758Net Income 2020: $110,6672020Revenue 2022: $76,800Expenses 2022: $103,505Net Income 2022: -$26,7052022Revenue 2023: $192,950Expenses 2023: $107,385Net Income 2023: $85,5652023Revenue 2024: $81,179Expenses 2024: $138,253Net Income 2024: -$57,0742024

Highlighted filing

2022

Revenue$76,800
Expenses$103,505
Net Income-$26,705
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 30, 2023
Return Version
2022v5.0
Gross Receipts
$76,800
Mission and Program Overview

Mission

To inspire, encourage and develop individuals to fulfill their god given purpose through mentorship and partnership.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$35,548$8,843▼ $26,705
Total Assets$35,548$8,843▼ $26,705
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$35,548$8,843▼ $26,705
Total Net Assets Fund Balance$35,548$8,843▼ $26,705
Total Liabilities and Net Assets / Fund Balance$35,548$8,843▼ $26,705
Compensation and Service Providers
Top Officer Pay79th percentile

Board Members and Trustees

NameTitle
Samuel TheranayagamPresident
Danilyn ThevanaygamOfficer
Jay BurgmanOfficer
Timothy TranOfficer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$76,800
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-26,705
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$75,982
Other Expenses$27,523
Total Fundraising Expense$710
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$75,982--$75,982
Office Expenses$16,207--$16,207
Insurance$10,606--$10,606
Advertising--$710$710
Total Functional Expenses$102,795$0$710$103,505
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
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
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, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Sam T Foundation Inc
EIN
82-4375680
Phone
8563848400
Address
2322 RIVERTON ROAD, CINNAMINSON, NJ 08077

Signing Officer

Name
Samuel Theranayagam
Title
President
Phone
8563848400
Signed
2023-10-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Danilyn Thevanaygam
Voting Board Members
2
Independent Board Members
0
Employees
0

Preparer

Firm
Verna & Associates
Address
105 JESSUP RD STE 100, THOROFARE, NJ 08086-9354
Preparer
Paul Verna CPA
Phone
8563848400
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 3

“To inspire, encourage, and develop individuals.”

Raw XML Appendix242 raw XML fields

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

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IRS990/GrantsToIndividualsInd0true
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IRS990ScheduleA/CommunityTrustInd0X
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ReturnHeader/Filer/EIN0824375680
ReturnHeader/Filer/PhoneNum08563848400
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ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAUL VERNA CPA
ReturnHeader/ReturnTs02023-11-28T14:53:58-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SAMUEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0THERANYAGAM
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,843
Liabilities
$0
Net assets
$8,843
Revenue
$76,800
Expenses
$103,505
Net income
-$26,705
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.37$0.81$1.38$0.57
2023Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$1.93$1.07$0.86
2022Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$0.77$1.04$0.27
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$0.00$1.14$3.08$1.98$1.11
2019Summary only. Only limited summary data is available for this year.$0.03$0.00$0.77$0.74$0.03