Civic Intelligence

Shanti Project Inc.

990 • Fiscal year 2015 • EIN 94-2297147

Jul 01, 2014 to Jun 30, 2015 • Filed on Dec 14, 2015

730 Polk StreetSan Francisco, CA 94109

(415) 674-4700

Siviq Scores

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

Liabilities / Assets

70th percentile

0.32x

Higher debt load relative to assets than 70% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

52nd percentile

0.12x

Higher debt load relative to revenue than 52% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

47th percentile

1.8%

Higher net margin than 47% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

82nd percentile

$141,349

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 4.7% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

66th percentile

6.1%

Faster asset growth than 66% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

33rd percentile

-2.9%

Faster revenue growth than 33% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$1,126,752

Up $64,718 (+6.1%) from 2014

Net Assets

Up

$764,096

Up $55,413 (+7.8%) from 2014

Liabilities

Up

$362,656

Up $9,305 (+2.6%) from 2014

Revenue

Down

$3,034,620

Down $91,858 (-2.9%) from 2014

Expenses

Up

$2,979,207

Up $311,079 (+12%) from 2014

Net Income

Down

$55,413

Down $402,937 (-88%) from 2014

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $417,215Liabilities 2010: $299,555Net Assets 2010: $117,6602010Assets 2011: $450,689Liabilities 2011: $293,949Net Assets 2011: $156,7402011Assets 2012: $450,726Liabilities 2012: $253,367Net Assets 2012: $197,3592012Assets 2013: $578,677Liabilities 2013: $328,344Net Assets 2013: $250,3332013Assets 2014: $1,062,034Liabilities 2014: $353,351Net Assets 2014: $708,6832014Assets 2015: $1,126,752Liabilities 2015: $362,656Net Assets 2015: $764,0962015Assets 2016: $3,226,107Liabilities 2016: $1,666,041Net Assets 2016: $1,560,0662016Assets 2017: $3,401,934Liabilities 2017: $1,738,021Net Assets 2017: $1,663,9132017Assets 2018: $3,211,555Liabilities 2018: $1,799,195Net Assets 2018: $1,412,3602018Assets 2019: $4,612,248Liabilities 2019: $2,045,000Net Assets 2019: $2,567,2482019Assets 2020: $5,425,254Liabilities 2020: $2,438,200Net Assets 2020: $2,987,0542020Assets 2021: $6,512,832Liabilities 2021: $2,589,759Net Assets 2021: $3,923,0732021Assets 2022: $6,364,268Liabilities 2022: $1,842,183Net Assets 2022: $4,522,0852022Assets 2023: $5,657,764Liabilities 2023: $2,177,872Net Assets 2023: $3,479,8922023Assets 2024: $4,756,238Liabilities 2024: $1,653,968Net Assets 2024: $3,102,2702024

Highlighted filing

2015

Assets$1,126,752
Liabilities$362,656
Net Assets$764,096

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $2,475,3822010Expenses 2011: $2,525,2432011Expenses 2012: $2,264,1582012Expenses 2013: $2,408,9562013Revenue 2014: $3,126,478Expenses 2014: $2,668,128Net Income 2014: $458,3502014Revenue 2015: $3,034,620Expenses 2015: $2,979,207Net Income 2015: $55,4132015Revenue 2016: $3,961,876Expenses 2016: $4,320,856Net Income 2016: -$358,9802016Revenue 2017: $5,070,359Expenses 2017: $5,341,972Net Income 2017: -$271,6132017Revenue 2018: $5,498,320Expenses 2018: $5,749,873Net Income 2018: -$251,5532018Revenue 2019: $7,066,917Expenses 2019: $5,912,029Net Income 2019: $1,154,8882019Revenue 2020: $7,002,791Expenses 2020: $6,582,985Net Income 2020: $419,8062020Revenue 2021: $8,863,804Expenses 2021: $7,927,785Net Income 2021: $936,0192021Revenue 2022: $9,428,062Expenses 2022: $8,829,050Net Income 2022: $599,0122022Revenue 2023: $7,962,438Expenses 2023: $9,004,631Net Income 2023: -$1,042,1932023Revenue 2024: $7,483,781Expenses 2024: $7,861,403Net Income 2024: -$377,6222024

Highlighted filing

2015

Revenue$3,034,620
Expenses$2,979,207
Net Income$55,413
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Dec 14, 2015
Return Version
2014v5.0
Gross Receipts
$3,288,649
Mission and Program Overview

Mission

To enhance the health, quality of life and well-being of people with terminal, life-threatening or disabling illnesses through a continuum of services, including in-home and onsite patient and care navigation.

Shanti exists to enhance the health, quality of life and well-being of people living with life-threatening illnesses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$291,248$433,130▲ $141,882
Savings and Temporary Cash Investments$25,051$350,162▲ $325,111
Pledges and Grants Receivable$644,976$180,906▼ $464,070
Cash and Non-Interest-Bearing Accounts$87,251$148,422▲ $61,171
Prepaid Expenses and Deferred Charges$3,917$4,991▲ $1,074
Total Assets$1,062,034$1,126,752▲ $64,718
Other Assets Total$9,591$9,141▼ $450
Liabilities
Accounts Payable and Accrued Expenses$353,351$362,656▲ $9,305
Total Liabilities$353,351$362,656▲ $9,305
Net Assets / Fund Balance
Temporarily Rstr Net Assets$620,667$596,303▼ $24,364
Unrestricted Net Assets$63,016$142,793▲ $79,777
Permanently Rstr Net Assets$25,000$25,000→ $0
Total Net Assets Fund Balance$708,683$764,096▲ $55,413
Total Liabilities and Net Assets / Fund Balance$1,062,034$1,126,752▲ $64,718

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$71,846$71,846
Leasehold Improvements-$1,700$1,700

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$25,051-▲ $2-$25,053
2013$25,046-▲ $5-$25,051
2012$25,042-▲ $4-$25,046
2011$25,033-▲ $9-$25,042
2010$25,008-▲ $25-$25,033
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Roy KaushikExecutive DirectorFT$140,600$749$141,349
Bokovoy PhilChief Financial OfficerPT$72,000$9,144$81,144

Highest Paid Contractors

ContractorServicesLocationCompensation
National Security ServicesMammography Services940 PARK AVE, San Jose, CA 95126$125,641
Revenue and Support

Revenue Composition

Contributions and Grants
$2,605,689
Program Service Revenue
$57,482
Investment Income
$32
Other Revenue
$371,417
All Other Contributions
$1,130,707
Change in Net Assets
$55,413

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Other Non Cash Contri Table$34,992Ticket value
Total Noncash Contributions$34,992-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,034,620
Revenue Not Reported on Form 990
$210,286
Total Revenue per Audited Statements
$3,244,906
Total Revenue per Form 990
$3,034,620
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,114,155
Other Expenses$865,052
Total Fundraising Expense$371,217
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,327,961$23,367$215,522$1,566,850
Fees for Services Other$211,109$27,037$1,615$239,761
Current Officers, Directors, Trustees, and Key Employees$112,480$68,060$32,060$212,600
Other Employee Benefits$149,154$7,324$29,554$186,032
Office Expenses$119,138$14,174$29,264$162,576
Payroll Taxes$125,250$2,862$20,561$148,673
Fees for Services Accounting$79,375$18,739$16,866$114,980
Other Expenses$89,067--$89,067
Occupancy$63,357$5,253$10,939$79,549
Travel$42,420$17,679$5,246$65,345
Fees for Services Management$43,481$2,512$7,499$53,492
Conferences and Meetings$45,577$1,351-$46,928
Insurance$12,114$-851$2,091$13,354
Total Functional Expenses$2,420,483$187,507$371,217$2,979,207

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,189,493
Expenses per Audited Statements$2,979,207
Total Expenses per Form 990$2,979,207
Expenses Not Reported on Form 990$210,286
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$621,572
Fundraising Direct Expenses$254,029
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Compassion is Universal$438,275$438,275$33,595$404,680
Spring Breast Cancer Event$43,669$43,669$14,333$29,336
Total Events$621,572$621,572$254,029$367,543
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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

Shantis Finance Committee reviews Form 990s and recommends its approval by the Board of Directors.

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

Board members and key officers are required at the beginning of each fiscal year to review and sign the Shantis conflict of interest policy.

Form 990, Part VI, Section B, Line 15A

The Board of Directors studied local salaries of Executive Directors of comparable organizations, and noting the agencys current budget, agreed with the Executive Director on a salary figure amenable to both parties.

Form 990, Part VI, Section B, Line 15B

The Executive Director studied local salaries of the relevent positions at comparable organizations, and noting the agencys current budget, agreed with the employees on slary figures amenable to everyone.

Form 990, Part VI, Section C, Line 19

The documents are available to the general public up on request.

Filing and Contact Details

Filer

Filer Name
Shanti Project
EIN
94-2297147
Phone
4156744700
Address
730 POLK STREET, SAN FRANCISCO, CA 94109

Signing Officer

Name
Kaushik Roy
Title
Executive Director
Signed
2015-12-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kaushik Roy
Formed
1975
Legal Domicile
CA
Voting Board Members
17
Independent Board Members
17
Employees
43
Volunteers
402

Preparer

Firm
Noe and Company
Address
8105 EDGEWATER DR SUITE 220, OAKLAND, CA 94621
Preparer
Sijoon Noe
Phone
5105531231
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

Program Service Expenses 354,361, Grants and allocations 0, Revenue 0 HIV Health Services Planning Council The HIV Health Services Planning Council HHSPC prioritizes all service categories within the San Francisco EMA Eligible Metropolitan Area, comprising San Francisco, Marin, and San Mateo counties and allocates resources/dollar amounts to each service catogory. The Council also conducts regular needs assessments and targeted focus groups to assess current areas of need and to maintain quality assurance protocols. The HHSPC Support program provides administrative oversight to the Council and support, education, and training to council members, all of whom are volunteers and are individuals living with HIV, service providers, and/or government representatives.

Form 990, Part III, Line 4D

Program Service Expenses 26,158, Grants and allocations 0, Revenue 0 Volunteer Services Program The Volunteer Services Program offers opportunities for members of the community to be of service, to put their compassion, their skills, and their interests into action to support people living with the challenges of HIV/AIDS and breast cancer. Volunteers are trained to provide emotional support and practical assistance to individuals living with life-threatening illnesses, using the internationally recognized the Shanti Model of Peer SupportTM. Volunteers serve clients through one-on-one client/volunteer matches, short-term or one-time only support, our drop-in center, our activities program and by offering workshops and classes. Shanti has also trained over 600 volunteer organizations worldwide in how to provide compassionate service to clients with life-threatening illnesses and/or at the end-of-life.

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IRS990/Form990PartVIISectionAGrp/TitleTxt16V. CHAIR
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IRS990/MissionDesc0Shanti fulfills its mission to provide services to individuals with HIV/AIDS and breast cancer by facilitating access to primary care-medical services, encouraging participation in treatment regimens, assisting with treatment adherence, and enhancing quality of life by providing individuals with the knowledge, tools, and resources they need to live longer, healthier, and happier lives.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Margot Murphy Womens Cancer Program Shantis Margot Murphy Womens Cancer Program hereafter Womens Cancer Program was established in 2001 as a breast cancer program to mitigate factors that lead to a disproportionate rate of breast cancer mortality among vulnerable San Francisco populations. A 2001 needs assessment undertaken by The Breast Cancer Fund, the San Francisco Department of Public Health SFDPH, and other local healthcare organizations found that while access to screening for breast cancer was increasing, access to treatment and the ability to complete treatment was a particular challenge for women who are low-income, Limited English Proficient, and/or from immigrant populations. To address this, Womens Cancer Program has prioritized this population of women diagnosed with breast cancer.
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IRS990/ProgSrvcAccomActy3Grp/Desc0The L.I.F.E. Program The L.I.F.E. Learning Immune Function Enhancement Program promotes the health of persons living with HIV through an evidence-based approach to health education and peer support, based on the latest research in health-enhancing practices of long-term HIV survivors. Participants of the L.I.F.E. Program gain the knowledge, motivation, and skills to self-manage their health. Services include individual counseling, multi-session workshops, 1-day seminars, bi-annual weekend retreats, weekly yoga, and on-going community-building events. The L.I.F.E. Program is offered in San Francisco by Shanti, as well as at three sites in the U.S. where we provide updated curriculum, implementation support including tailored marketing materials, technical assistance, easily accessible web-based outcome measures, and outcome analysis. Training for facilitators is offered annually in San Francisco or on location at sites throughout the country for communitybased organizations and government agencies that wish to implement multi-session L.I.F.E.Program workshops.
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.76$1.65$3.10$7.48$7.86$0.38
2023Detailed filing. Detailed filing data is available for this year.$5.66$2.18$3.48$7.96$9.00$1.04
2022Detailed filing. Detailed filing data is available for this year.$6.36$1.84$4.52$9.43$8.83$0.60
2021Detailed filing. Detailed filing data is available for this year.$6.51$2.59$3.92$8.86$7.93$0.94
2020Detailed filing. Detailed filing data is available for this year.$5.43$2.44$2.99$7.00$6.58$0.42
2019Detailed filing. Detailed filing data is available for this year.$4.61$2.05$2.57$7.07$5.91$1.15
2018Detailed filing. Detailed filing data is available for this year.$3.21$1.80$1.41$5.50$5.75$0.25
2017Detailed filing. Detailed filing data is available for this year.$3.40$1.74$1.66$5.07$5.34$0.27
2016Detailed filing. Detailed filing data is available for this year.$3.23$1.67$1.56$3.96$4.32$0.36
2015Detailed filing. Detailed filing data is available for this year.$1.13$0.36$0.76$3.03$2.98$0.06
2014Detailed filing. Detailed filing data is available for this year.$1.06$0.35$0.71$3.13$2.67$0.46
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$0.33$0.25$2.41
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.25$0.20$2.26
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.29$0.16$2.53
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.30$0.12$2.48