Civic Intelligence

Shanti Project Inc.

990 • Fiscal year 2019 • EIN 94-2297147

Jul 01, 2018 to Jun 30, 2019 • Filed on May 01, 2020

3170 23rd StreetSan Francisco, CA 94110

(415) 674-4700

Siviq Scores

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

Liabilities / Assets

74th percentile

0.44x

Higher debt load relative to assets than 74% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

62nd percentile

0.29x

Higher debt load relative to revenue than 62% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

74th percentile

16%

Higher net margin than 74% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

71st percentile

$179,722

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

92nd percentile

44%

Faster asset growth than 92% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

83rd percentile

29%

Faster revenue growth than 83% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$4,612,248

Up $1,400,693 (+44%) from 2018

Net Assets

Up

$2,567,248

Up $1,154,888 (+82%) from 2018

Liabilities

Up

$2,045,000

Up $245,805 (+14%) from 2018

Revenue

Up

$7,066,917

Up $1,568,597 (+29%) from 2018

Expenses

Up

$5,912,029

Up $162,156 (+2.8%) from 2018

Net Income

Up

$1,154,888

Up $1,406,441 (+559%) from 2018

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

2019

Assets$4,612,248
Liabilities$2,045,000
Net Assets$2,567,248

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

2019

Revenue$7,066,917
Expenses$5,912,029
Net Income$1,154,888
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
May 1, 2020
Return Version
2018v3.3
Gross Receipts
$7,195,975
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,795,770$1,741,941▼ $53,829
Accounts Receivable$675,310$1,591,715▲ $916,405
Pledges and Grants Receivable$179,691$557,166▲ $377,475
Prepaid Expenses and Deferred Charges$87,426$270,090▲ $182,664
Savings and Temporary Cash Investments$143,150$200,403▲ $57,253
Cash and Non-Interest-Bearing Accounts$244,496$168,067▼ $76,429
Inventories for Sale or Use$67,691$66,115▼ $1,576
Total Assets$3,211,555$4,612,248▲ $1,400,693
Other Assets Total$18,021$16,751▼ $1,270
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,169,566$1,276,583▲ $107,017
Accounts Payable and Accrued Expenses$544,629$708,417▲ $163,788
Deferred Revenue$85,000$60,000▼ $25,000
Total Liabilities$1,799,195$2,045,000▲ $245,805
Net Assets / Fund Balance
Unrestricted Net Assets$1,053,424$1,574,202▲ $520,778
Temporarily Rstr Net Assets$333,936$968,046▲ $634,110
Permanently Rstr Net Assets$25,000$25,000→ $0
Total Net Assets Fund Balance$1,412,360$2,567,248▲ $1,154,888
Total Liabilities and Net Assets / Fund Balance$3,211,555$4,612,248▲ $1,400,693

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,013,514$529,733$1,543,247
Land$702,735-$702,735
Equipment$11,400$219,745$231,145
Other Land Buildings$14,292$4,770$19,062

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$25,074-▲ $15-$25,089
2017$25,059-▲ $15-$25,074
2016$25,056-▲ $3-$25,059
2015$25,053-▲ $3-$25,056
2014$25,051-▲ $2-$25,053
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Roy KaushikExecutive DirectorFT$155,596$24,126$179,722
Bryan MellissaDeputy DirectorFT$120,923$12,305$133,228
Nickel AlyssaProgram DirectorFT$109,611$11,245$120,856

Board Members and Trustees

NameTitle
Klearman MickiChair
Mccarthy ColleenVice Chair
Francone JerryDirector
Hadeshian ManoogDirector
Lawlor KatieDirector
Sell JohnDirector
Steele TomDirector
Supanich ChipDirector
Trivedi NishaDirector
Weinstein JoshDirector
Hunte BrisdellSecretary
Dawes WilliamTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Patricia SchnedarAccounting Services3968 WATERHOUSE RD, Oakland, CA 94602$162,461
Cheryl ClarkDevelopment Services478 GREEN GLEN WAY, Mill Valley, CA 94941$162,205
Revenue and Support

Revenue Composition

Contributions and Grants
$6,183,871
Program Service Revenue
$426,853
Investment Income
$323
Other Revenue
$455,870
All Other Contributions
$2,748,790
Change in Net Assets
$1,154,888

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeReported AmountValuation Method
Other Non Cash Contri Table$176,956Ticket Value
Other Non Cash Contri Table$53,195Fair Market Value (FMV)
Total Noncash Contributions$230,151-

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,066,917
Revenue Not Reported on Form 990
$357,751
Total Revenue per Audited Statements
$7,424,668
Total Revenue per Form 990
$7,066,917
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,569,661
Other Expenses$2,342,368
Total Fundraising Expense$683,707
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,256,374$109,175$207,900$2,573,449
Current Officers, Directors, Trustees, and Key Employees$103,964$287,574$40,348$431,886
Other Expenses$429,013$14$51$429,013
Other Employee Benefits$284,521$14,501$31,744$330,766
Occupancy$237,604$4,064$37,565$279,233
Fees for Services Other$23,540$10,534$236,965$271,039
Office Expenses$132,449$38,119$66,370$236,938
Payroll Taxes$184,349$30,021$19,190$233,560
Fees for Services Accounting$22,722$123,030-$145,752
Information Technology$60,976$944$7,203$69,123
Depreciation Depletion$50,022$5,025$11,451$66,498
Interest$34,937$11,150$8,599$54,686
Travel$31,119$13,898$8,216$53,233
Conferences and Meetings$35,128$1,722$5,341$42,191
Insurance$22,262$3,769$2,764$28,795
Fees for Services Legal-$2,401-$2,401
Total Functional Expenses$4,572,381$655,941$683,707$5,912,029

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,269,780
Expenses per Audited Statements$5,912,029
Total Expenses per Form 990$5,912,029
Expenses Not Reported on Form 990$357,751
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$538,426
Fundraising Direct Expenses$129,058
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Ciu$290,436$290,436$15,798$274,638
Ptech$246,245$246,245$24,408$221,837
Total Events$538,426$538,426$129,058$409,368
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

The Audit Committee reviews Form 990 and recommends approval by the Board of Directors. BOD approves Form 990 prior to filing.

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 currect 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 salary figure amenable to everyone.

Form 990, Part VI, Section C, Line 19

Shanti posts financial statements annually on own website. Public is invited to all board meetings where current financial statements are reviewed. Financial statements, conflict of interest policy, and governing documents are available at the Shantis office at 3170 23rd street, San Francisco.

Form 990, Part VI, Section A, Line 8

Board and committee minutes are recorded, reviewed, and accepted by the respective group.

Filing and Contact Details

Filer

Filer Name
Shanti Project
EIN
94-2297147
Phone
4156744700
Address
3170 23RD STREET, San Francisco, CA 94110

Signing Officer

Name
Patricia Schnedar
Title
CFO
Signed
2020-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kaushik Roy
Formed
1975
Legal Domicile
CA
Voting Board Members
12
Independent Board Members
12
Employees
60
Volunteers
514

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 68,403, Grants and allocations 0, Revenue 0 Volunteer Services When volunteers are trained to make meaningful personal connections, they learn to offer compassion and presence that affects the entire community. Shanti offers an immersive, life-changing 24-hour volunteer training, the Shanti Model of Peer Support, which prepares volunteers to be paired one-on-one with clients and provide them with both emotional support and practical assistance.

Form 990, Part III, Line 4D

Program Service Expenses 531,108, Grants and allocations 0, Revenue 0 Peer Advocate Care Team PACT When our neighbors who live in poverty in Potrero Terrace and Annex public housing, which is undergoing a vast redevelopment, receive emotional support, they feel strong, empowered, and more self-reliant. Using the Shanti Model of Peer Support, our PACT services enable these individuals and families to stay or become stably housed in a safe and livable environment, one where they feel invested and connected to each other and their community.

Form 990, Part III, Line 4D

Program Service Expenses 443,916, Grants and allocations 0, Revenue 0 LGBT Aging and Abilities Support Network LAASN When LGBTQ elders with disabilities are recognized for who they truly are, they feel valued and empowered to vibrantly contribute to their community. The LGBTQ Aging and Abilities Support Network provides supportive services that address social isolation, emotional, behavioral, and health challenges faced by lesbian, gay, bisexual, transgender, and queer seniors and adults with disabilities.

Form 990, Part III, Line 4D

Program Service Expenses 385,518, Grants and allocations 0, Revenue 0 The 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 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.

Form 990, Part III, Line 4D

Program Service Expenses 354,733, Grants and allocations 0, Revenue 0 HIV Health Services Planning Council Support Program The San Francisco EMA HIV Community Planning Council is a collaborative regional planning body that consists of volunteers and government appointees from throughout San Francisco, Marin, and San Mateo counties, including persons living with HIV, community members, and representatives of private and public agencies providing a wide range of HIV-related services and programs. Shanti provides management, administrative support, and training to council members of the San Francisco HIV Community Planning Council. The body is mandated by HRSA and the CDC to assess the needs of the HIV-positive population and those at risk of contracting HIV, prioritize service categories, and set funding allocation levels for those services.

Financial Statement Notes

V 4

BREAST CANCER PROGRAM

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IRS990/ProgSrvcAccomActy2Grp/Desc0Margot Murphy Womens Cancer Program When women diagnosed with cancer are genuinely seen and supported, not just medically, but emotionally, they gain a sense of empowerment about their treatment and their lives. Through our Womens Cancer Program, our Care Navigators provide a multitude of culturally competent services including patient advocacy, language interpretation, social services application support, appointment accompaniment, and transportation assistance. We meet clients where they are at - in homes, in hospital rooms, or in our offices.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Pets Are Wonderful Support PAWS When our neighbors know their animals are being loved and cared for, they have the time, space, and confidence to navigate the other issues in their lives. PAWS staff and volunteers assist clients in caring for their pets through supportive services like pet food and supplies, veterinary services, dog walking, in-home cat care, transports to vet appointments, and emergency pet foster care.
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Document Assets

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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