Civic Intelligence

Secured Alliance Inc.

990 • Fiscal year 2023 • EIN 82-4760735

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 12, 2024

10439 S 51st Street Ste 225Phoenix, AZ 85044

(602) 857-7055

Siviq Scores

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

Liabilities / Assets

89th percentile

0.70x

Higher debt load relative to assets than 89% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

78th percentile

0.43x

Higher debt load relative to revenue than 78% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

18th percentile

-16%

Higher net margin than 18% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

93rd percentile

$247,534

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 6.0% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

86th percentile

39%

Faster asset growth than 86% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

48th percentile

5.9%

Faster revenue growth than 48% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$2,558,616

Up $713,795 (+39%) from 2022

Net Assets

Down

$762,789

Down $665,275 (-47%) from 2022

Liabilities

Up

$1,795,827

Up $1,379,070 (+331%) from 2022

Revenue

Up

$4,154,166

Up $230,716 (+5.9%) from 2022

Expenses

Up

$4,819,441

Up $1,014,468 (+27%) from 2022

Net Income

Down

-$665,275

Down $783,752 (-662%) from 2022

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2018: $1,102,724Liabilities 2018: $611,496Net Assets 2018: $491,2282018Assets 2019: $1,101,300Liabilities 2019: $793,654Net Assets 2019: $307,6462019Assets 2020: $1,935,286Liabilities 2020: $1,484,988Net Assets 2020: $450,2982020Assets 2021: $1,583,402Liabilities 2021: $273,929Net Assets 2021: $1,309,4732021Assets 2022: $1,844,821Liabilities 2022: $416,757Net Assets 2022: $1,428,0642022Assets 2023: $2,558,616Liabilities 2023: $1,795,827Net Assets 2023: $762,7892023Assets 2024: $3,727,457Liabilities 2024: $2,854,378Net Assets 2024: $873,0792024

Highlighted filing

2023

Assets$2,558,616
Liabilities$1,795,827
Net Assets$762,789

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2018: $3,227,239Expenses 2018: $2,799,558Net Income 2018: $427,6812018Revenue 2019: $4,483,848Expenses 2019: $4,676,174Net Income 2019: -$192,3262019Revenue 2020: $4,126,913Expenses 2020: $3,981,821Net Income 2020: $145,0922020Revenue 2021: $4,553,644Expenses 2021: $3,700,142Net Income 2021: $853,5022021Revenue 2022: $3,923,450Expenses 2022: $3,804,973Net Income 2022: $118,4772022Revenue 2023: $4,154,166Expenses 2023: $4,819,441Net Income 2023: -$665,2752023Revenue 2024: $4,862,794Expenses 2024: $4,752,504Net Income 2024: $110,2902024

Highlighted filing

2023

Revenue$4,154,166
Expenses$4,819,441
Net Income-$665,275
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 12, 2024
Return Version
2023v5.1
Gross Receipts
$4,154,166
Mission and Program Overview

Mission

To provide strategic leadership, infrastructure and office support for affiliate organization.

Professional support for conservatorship, guardianship, and trusteeship services

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$1,724,249$2,372,822▲ $648,573
Cash and Non-Interest-Bearing Accounts$20,372$114,044▲ $93,672
Land, Buildings, and Equipment, Net$78,491$0▼ $78,491
Prepaid Expenses and Deferred Charges$21,709$40,195▲ $18,486
Total Assets$1,844,821$2,558,616▲ $713,795
Other Assets Total$0$31,555▲ $31,555
Liabilities
Unsecured Notes Loans Payable$152,270$969,262▲ $816,992
Accounts Payable and Accrued Expenses$264,487$727,011▲ $462,524
Other Liabilities$0$99,554▲ $99,554
Total Liabilities$416,757$1,795,827▲ $1,379,070
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,428,064$762,789▼ $665,275
Total Net Assets Fund Balance$1,428,064$762,789▼ $665,275
Total Liabilities and Net Assets / Fund Balance$1,844,821$2,558,616▲ $713,795

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$188,429$188,429
Leasehold Improvements$0$66,153$66,153
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nate SchnackenbergCEOPT$225,000$22,534$247,534
Charnise MothershedCOOPT$127,815$16,873$144,688
Benjamin RumneyCFOPT$105,961$14,042$120,003
Gau XiangVP of AumPT$103,856$15,412$119,268
Tom P AvramisSpecial AdvisorPT$71,454$38,853$110,307
Vanessa MerinoDirector of Care ServicesPT$103,654$3,895$107,549
Joanne BrasbergerBoard Member (former CFO)PT$86,632$8,559$95,191

Board Members and Trustees

NameTitle
David JohnsonChairman
Karin CrosbyBoard Member
Margaret BarryBoard Member
Reuben HelickBoard Member
Ted SimosBoard Member
Trevor PattersonBoard Member

Highest Paid Contractors

ContractorServicesLocationCompensation
48 Piedmont Place LLCRent4414 N CIVIC CENTER PLAZA STE 100, Scottsdale, AZ 85251$206,545
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,077,692
Investment Income
$76,474
Other Revenue
$0
Change in Net Assets
$-665,275
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,633,389
Other Expenses$1,186,052
Total Fundraising Expense$628,230
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,670,703$219,830$307,761$2,198,294
Current Officers, Directors, Trustees, and Key Employees$545,470$71,772$100,482$717,724
Other Employee Benefits$235,794$31,026$43,436$310,256
Occupancy$167,642$22,058$30,881$220,581
Pension Plan Contributions$160,468$21,114$29,560$211,142
Payroll Taxes$148,940$19,597$27,436$195,973
Information Technology$171,228$2,930$4,101$178,259
Fees for Services Other$100,880$13,274$18,583$132,737
Travel$95,070$8,455$25,880$129,405
Office Expenses$98,702$7,273$10,183$116,158
Depreciation Depletion-$78,492-$78,492
Fees for Services Legal$6,000$49,323-$55,323
Insurance$28,740$3,782$5,294$37,816
Advertising$22,489-$11,076$33,565
Other Expenses$19,006$2,501$3,501$25,008
Interest$12,914$1,699$2,379$16,992
Fees for Services Accounting-$16,432-$16,432
Conferences and Meetings$10,877--$10,877
Total Functional Expenses$3,616,194$575,017$628,230$4,819,441
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
Exchange Account$67,999
Right of Use Liability$31,555
Governance and Compliance

Governance Checklist

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

The form 990 is reviewed for completeness and accuracy by the board of directors. Approval of the form 990 is documented in the minutes.

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

Each employee and director completes a disclosure statement annually and updates it if changes occur. Disclosure statements are filed with the president who brings potential conflicts to the attention to the board of trustees. The board of trustees determines whether a conflict exist and is material, and is in presence of an existing material conflict, whether a contemplated transaction may be authorized as just, fair, and reasonable to the good shepherd fund. The decision of the board of trustees on these matters rests in their sole discretion, and their concern is the welfare of the good shepherd fund and the advancement of its purpose.

Form 990, Part VI, Section B, Line 15

The compensation of officers and key employees is based on comparable market rates in the organization's geographical area and are approved by the board of trustees.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Secured Alliance
EIN
82-4760735
Phone
6028577055
Address
10439 S 51ST STREET STE 225, PHOENIX, AZ 85044

Signing Officer

Name
Ben Rumney
Title
CFO
Phone
6028577055
Signed
2024-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nate Schnackenberg
Formed
2018
Legal Domicile
Az
Voting Board Members
10
Independent Board Members
10
Employees
35
Volunteers
6

Preparer

Firm
Ppco Advisors LLC
Address
333 W SANTA CLARA ST SUITE 800, SAN JOSE, CA 95113-1716
Preparer
Edward a Davis
Phone
4082877911
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The organization did not change either its oversight process or its selection process during the tax year.

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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/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0254582
IRS990/LandBldgEquipBasisNetGrp/BOYAmt078491
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt0254582
IRS990/LegalDomicileStateCd0AZ
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE STRATEGIC LEADERSHIP, INFRASTRUCTURE AND OFFICE SUPPORT FOR AFFILIATE ORGANIZATION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01428064
IRS990/NetAssetsOrFundBalancesEOYAmt0762789
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01428064
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0762789
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt030881
IRS990/OccupancyGrp/ManagementAndGeneralAmt022058
IRS990/OccupancyGrp/ProgramServicesAmt0167642
IRS990/OccupancyGrp/TotalAmt0220581
IRS990/OfficeExpensesGrp/FundraisingAmt010183
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07273
IRS990/OfficeExpensesGrp/ProgramServicesAmt098702
IRS990/OfficeExpensesGrp/TotalAmt0116158
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt031555
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt043436
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt031026
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0235794
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0310256
IRS990/OtherExpensesGrp/Desc0OTHER
IRS990/OtherExpensesGrp/Desc1DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2DATA STORAGE
IRS990/OtherExpensesGrp/Desc3GENERAL & ADMINISTRATIV
IRS990/OtherExpensesGrp/FundraisingAmt01624
IRS990/OtherExpensesGrp/FundraisingAmt16053
IRS990/OtherExpensesGrp/FundraisingAmt23501
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01135
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14324
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22501
IRS990/OtherExpensesGrp/ProgramServicesAmt048861
IRS990/OtherExpensesGrp/ProgramServicesAmt132860
IRS990/OtherExpensesGrp/ProgramServicesAmt239550
IRS990/OtherExpensesGrp/ProgramServicesAmt319006
IRS990/OtherExpensesGrp/TotalAmt051620
IRS990/OtherExpensesGrp/TotalAmt143237
IRS990/OtherExpensesGrp/TotalAmt239550
IRS990/OtherExpensesGrp/TotalAmt325008
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt099554
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0307761
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0219830
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01670703
IRS990/OtherSalariesAndWagesGrp/TotalAmt02198294
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt027436
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt019597
IRS990/PayrollTaxesGrp/ProgramServicesAmt0148940
IRS990/PayrollTaxesGrp/TotalAmt0195973
IRS990/PensionPlanContributionsGrp/FundraisingAmt029560
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt021114
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0160468
IRS990/PensionPlanContributionsGrp/TotalAmt0211142
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt021709
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt040195
IRS990/PrincipalOfficerNm0NATE SCHNACKENBERG
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0561000
IRS990/ProgramServiceRevenueGrp/BusinessCd1561000
IRS990/ProgramServiceRevenueGrp/Desc0MANAGEMENT SERVICES
IRS990/ProgramServiceRevenueGrp/Desc1FEES FOR SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03399334
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1678358
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03399334
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1678358
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt041819
IRS990/PYOtherExpensesAmt01090106
IRS990/PYOtherRevenueAmt070800
IRS990/PYProgramServiceRevenueAmt03810831
IRS990/PYRevenuesLessExpensesAmt0118477
IRS990/PYSalariesCompEmpBnftPaidAmt02714867
IRS990/PYTotalExpensesAmt03804973
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03923450
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-665275
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04154166
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0237093399
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0THE GOOD SHEPHERD FUND
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0188429
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0188429
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt066153
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt066153
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt031555
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt167999
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RIGHT OF USE LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1EXCHANGE ACCOUNT
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt099554
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0225000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00

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