SARANAM LLC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- SARANAM LLC (EIN 20-2036621)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-06-18
- IRS object ID
- 202411709349300811
- Schema version
- 2023v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-06-18T10:30:51-04:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 205855985 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WATERS & COMPANY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3311 CANDELARIA NE SUITE J | AddressLine1Txt |
| City | ALBUQUERQUE | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 871071952 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 202036621 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SARANAM LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SARA | BusinessNameControlTxt |
| Phone | 5052996154 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1028 EUBANK BLVD NE SUITE F | AddressLine1Txt |
| City | ALBUQUERQUE | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 87112 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TRACY WEAVER | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 5052996154 | PhoneNum |
| Signature | 2024-05-20 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | TRACY | PersonFirstNm |
| Person Last | WEAVER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | OLLIE D WATERS | PreparerPersonNm |
| PTIN | P00072561 | PTIN |
| Phone | 5052600616 | PhoneNum |
| Preparation | 2024-06-18 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | TRACY WEAVER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1028 EUBANK BLVD NE | AddressLine1Txt |
| Address Line2 | SUITE F | AddressLine2Txt |
| City | ALBUQUERQUE | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 87112 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $2,744,630 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | SARANAMABQ.ORG | WebsiteAddressTxt |
| Type Of Organization Other | Yes (X) | TypeOfOrganizationOtherInd |
| Other Organization Dsc | LLC | OtherOrganizationDsc |
| Formation | 2004 | FormationYr |
| Legal Domicile State | NM | LegalDomicileStateCd |
| Activity Or Mission | TO EMPOWER FAMILIES TO END THEIR HOMELESSNESS AND POVERTY THROUGH HOUSING, EDUCATION, AND SUPPORTIVE COMMUNITIES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 13 | VotingMembersIndependentCnt |
| Total Employee | 16 | TotalEmployeeCnt |
| Total Volunteers | 788 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $2,661,449 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,733,427 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $171 | PYInvestmentIncomeAmt |
| CY Investment Income | $11,203 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $2,661,620 | PYTotalRevenueAmt |
| CY Total Revenue | $2,744,630 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $689,248 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $787,437 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $169,203 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $674,816 | PYOtherExpensesAmt |
| CY Other Expenses | $1,024,017 | CYOtherExpensesAmt |
| PY Total Expenses | $1,364,064 | PYTotalExpensesAmt |
| CY Total Expenses | $1,811,454 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,297,556 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $933,176 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $8,474,638 | TotalAssetsBOYAmt |
| Total Assets EOY | $9,703,172 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $796,163 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,085,556 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $7,678,475 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $8,617,616 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO EMPOWER FAMILIES TO END THEIR HOMELESSNESS AND POVERTY THROUGH HOUSING, EDUCATION, AND SUPPORTIVE COMMUNITIES. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $1,536,730 | ExpenseAmt |
| Desc | 2023 ACCOMPLISHMENTS AFTER 20 YEARS IN OPERATION, SARANAM HAS PROVIDED FAMILIES WITH SAFE HOUSING, PRACTICAL LIFE-SKILLS INSTRUCTION, A SUPPORTIVE COMMUNITY, AND A PATHWAY TO SELF-SUFFICIENCY THROUGH EDUCATION. WITH 77% OF FAMILIES SUCCESSFULLY EXITING THE PROGRAM INTO PERMANENT, SAFE AND STABLE LIVING SITUATIONS, SARANAM IS A SUSTAINABLE SOLUTION TO FAMILY HOMELESSNESS. WE HAVE REMAINED IN CONTACT WITH AN INCREDIBLE 76% OF FAMILIES WHO EXITED ONE YEAR OR MORE AGO. OF THOSE FAMILIES, 86% WHO LEFT THE PROGRAM SUCCESSFULLY REMAIN STABLE AFTER A YEAR. SARANAM'S APPROACH TO ENDING POVERTY AND HOMELESSNESS FOR FAMILIES IS AN INNOVATIVE TWO-GENERATIONAL STRATEGY, WHERE BOTH PARENTS AND CHILDREN RECEIVE SERVICES SIMULTANEOUSLY AND IN SYNC. OUR TWO-GENERATIONAL STRATEGY IS SUPPORTED BY A GROWING BODY OF ANTI-POVERTY RESEARCH THAT SHOWS THE EFFECTIVENESS OF MAKING BOTH PARENTS AND CHILDREN CHANGE AGENTS IN WORKING TO GET OUT OF POVERTY. 2023 WE WERE ABLE TO WELCOME 10 NEW FAMILIES INTO AND HAD 9/11 FAMILIES SUCCESSFULLY EXIT OUR PROGRAM. OUR ALUMNI PROGRAMMING SUPPORTED 22 INDVIDUALS IN PROSPERITY WORKS'S INDIVIDUAL DEVELOPMENT ACCOUNTS (SAVINGS TARGETED TOWARD EDUCATION, HOME BUYING, SMALL BUSINESS OR VEHICLE PURCHASE) PROGRAM, SUPPORTING EACH PERSON'S SAVINGS WITH A 4:1 MATCH WE ALSO CONTRIBUTED TO 36 CHILDREN'S CHILD SAVINGS ACCOUNTS FOR THEIR POST-SECONDARY EDUCATION. SARANAM CONTINUED RAISING FUNDING FOR OUR CAPITAL CAMPAIGN TO BUILD A SECOND CAMPUS WHICH WILL MORE THAN DOUBLE THE NUMBER OF FAMILIES WE ARE ABLE TO SERVE EACH YEAR. WE CONTINUE TO HAVE CONSTRUCTION DELAYS DUE TO LABOR AND SUPPLY CHAIN ISSUES. THESE DELAYS HAVE ALSO CAUSED INCREASED COSTS TO 12.8 MILLION. WE PLAN TO OCCUPY THE FIRST PHASE OF TEN RESIDENTIAL UNITS IN THE EARLY SPRING 2024. WE PURCHASED 3.5 ACRES TO DEVELOP A SECOND SITE WHICH WILL INCLUDE AN ADDITIONAL 25-RESIDENTIAL UNITS, PROGRAMMING SPACES, PLAYGROUNDS, OFFICES, DONATION CENTER AND GARDENS ALL DESIGNED TO BRING MORE FAMILIES INTO SELF-SUFFICIENCY. 2023 OUTCOMES SINCE INCEPTION IN 2004, SARANAM HAS SERVED 172 HOMELESS FAMILIES IN ALBUQUERQUE, INCLUDING 197 ADULTS AND 363 CHILDREN. OUR PROGRAM HAS DEMONSTRATED A 77% SUCCESS RATE OF FAMILIES EXITING THE PROGRAM HAVING MET MORE THAN THREE OF OUR MEASURES OF SUCCESS. OUR 77% SUCCESS RATE INDICATES THAT WHEN FAMILIES EXIT, THEY ARE ABLE TO SUPPORT THEMSELVES, INCLUDING PAYING FOR HOUSING, SUPPLIES, UTILITIES, ETC., ON THEIR OWN INCOME. THE LIFE SKILLS WE PROVIDE ENSURE THAT OUR FAMILIES ARE ABLE TO MAINTAIN AND SUSTAIN THESE OUTCOMES. IN 2023 WE SERVED 26 FAMILIES WITH 29 ADULTS AND 52 CHILDREN. 9/11 FAMILIES SUCCESSFULLY EXITED THE PROGRAM IN 2023. WE HAVE REMAINED IN CONTACT WITH AN INCREDIBLE 76% OF FAMILIES WHO EXITED ONE YEAR OR MORE AGO. OF THOSE FAMILIES, 86% WHO LEFT THE PROGRAM SUCCESSFULLY REMAIN STABLE AFTER A YEAR. THIS YEAR WE CONTINUED OUR ALUMNI COMPONENT TO OUR PROGRAMMING, ENABLING US TO CONTINUE TO SUPPORT FAMILY STABILITY THROUGH ADDED COMMUNITY, ASSET BUILDING AND EDUCATIONAL ACTIVITIES. WE HAD DIRECT CONTACT WITH 62 ALUMNI FAMILIES IN 2023 WITH 72 INDIVIDUALS (12 ARE 2GEN, THEY WERE CHILDREN WHEN AT SARANAM). WE OFFERED 22 INDIVIDUAL SAVINGS ACCOUNTS TO ALUMNI, AND HAD 36 CHILD SAVINGS ACCOUNTS. SARANAM'S 3 STEPS TO ENDING HOMELESSNESS AND POVERTY FOR FAMILIES. 1.HOUSING ENDS HOMELESSNESS 2.EDUCATION BRINGS EMPLOYMENT OPPORTUNITIES. 3.COMMUNITY BUILDS CONNECTION. NUMBER OF FAMILIES: 26 52 CHILDREN, 29 ADULTS 10 NEW FAMILIES WERE BROUGHT INTO SARANAM IN 2023 UNDUPLICATED VOLUNTEERS: 788 VOLUNTEER HOURS: 4773 IN 2023 13 STUDENTS ENROLLED IN THE FOLLOWING SCHOOLS: CENTRAL NEW MEXICO COMMUNITY COLLEGE (CNM), UNIVERSITY OF NEW MEXICO (UNM), SOUTHERN NEW HAMPSHIRE UNIVERSITY (SNHU), CARRINGTON COLLEGE, AND THE AVENUE ACADEMY. NINE (9) ADULTS ENROLLED IN THE FOLLOWING PROGRAMS AT CNM: ASSOCIATE DEGREE PROGRAMS IN ACCOUNTING, NURSING, RADIOLOGY TECHNOLOGY, AND CULINARY ARTS; CERTIFICATE PROGRAMS IN PHLEBOTOMY, COSMETOLOGY, NURSING ASSISTANT, AND UNMANNED AIRCRAFT SYSTEMS; AND A PRE-BACHELOR'S DEGREE PROGRAM IN SOCIOLOGY. TWO ADULTS WERE ENROLLED IN UNM'S LIBERAL ARTS AND ANTHROPOLOGY BACHELOR'S DEGREE PROGRAMS. ONE ADULT WAS ENROLLED IN SNHU'S SOCIOLOGY BACHELOR'S DEGREE PROGRAM; ONE ADULT WAS ENROLLED IN THE AVENUE ACADEMY'S COSMETOLOGY PROGRAM; AND ONE ADULT WAS ENROLLED IN CARRINGTON COLLEGE'S PRACTICAL NURSING CERTIFICATE PROGRAM. SARANAM FAMILIES ALSO EARNED EDUCATIONAL CREDENTIALS THREE ADULTS EARNED THEIR GEDS. FOUR STUDENTS EARNED VOCATIONAL CERTIFICATES IN THE FOLLOWING FIELDS: PHLEBOTOMY, NURSING ASSISTANT, LICENSED PRACTICAL NURSE, AND UNMANNED AIRCRAFT/REMOTE PILOT SYSTEMS. ORGANIZATIONAL CAPACITY BUILDING AS PART OF THE PROCESS FOR VALIDATING OUR UNIQUE MODEL, WE HAVE UNDERGONE SUBSTANTIAL EVALUATION AND UPDATES TO OUR INTERNAL SYSTEMS. THIS YEAR, WITH CONTINUED SUPPORT FROM THE CARL C. ANDERSON SR. AND MARY JO ANDERSON CHARITABLE FOUNDATION, SARANAM CONTINUED WORK WITH THE UNM EVALUATION LAB. OUR PROJECT ENDING IN APRIL 2023, WE EXPLORED OPTIONS FOR ASSESSING LONG- TERM OUTCOMES FOR SARANAM FAMILIES. THE GOLD STANDARD FOR ASSESSING PROGRAM OUTCOMES IS TO CONDUCT A RANDOMIZED CONTROLLED TRIAL (RCT). BEFORE DESIGNING AN RCT, A PROGRAM SHOULD DEMONSTRATE A HIGH RATE OF PROGRAM COMPLETION AND IMPROVED OUTCOMES FOR PARTICIPANTS RELATIVE TO A WELL- DESIGNED CONTROL GROUP. WE MEASURED PROGRAM COMPLETION RATES, WHICH SHOWED THAT 88% OF FAMILIES STAYED WITH SARANMA FOR ONE SEMESTER OR LONGER AND 67% STAYED WITH SARANAM FOR 2 SEMESTERS OR LONGER. WE ESTIMATED LONG-TERM OUTCOMES FROM SARANAM'S ONGOING ALUMNI SURVEY. THIS SHOWED FAMILIES WERE BETTER OFF THREE YEARS AFTER EXITING SARANAM THAN THE CONTROL GROUP (FAMILY OPTIONS STUDY). WE ALSO EXPLORED APS MCKINNEY-VENTO AS A SOURCE OF DATA FOR LONG-TERM OUTCOMES. WE ARE HOPING TO CONTINUE TO MOVE TOWARD THE RCT IN THE COMING YEARS TO VALIDATE AND REPLICATE THE SARANAM MODEL. IN THE FALL OF 2023, WITH THE UNM EVALUATION LAB, WE BEGAN THE 2023-24 PROJECT: BUILDING THE TOOLS AND THEORETICAL FRAMEWORK FOR SARANAM TO ASSES THE EFFECTIVENESS OF THE PROGRAM AND IDENTIFY THE MOST APPROPRIATE STUDY DESIGN FOR US TO USE IN THE FUTURE TO OBTAIN EXTERNAL VALIDATION. SARANAM'S LIFE CHANGING IMPACT IS CLEAR TO SEE IN THE JOY OF OUR FAMILIES DEVELOPING SELF-SUSTAINING LIVES. WHERE THE BENEFIT IS ALSO CLEAR IS IN THE ECONOMIC IMPACT. IN A COST ANALYSIS STUDY CONDUCTED IN 2022 UNM'S SCHOOL OF PUBLIC ADMINISTRATION FOUND THAT THE ESTIMATED ANNUAL COST OF A FAMILY EXPERIENCING HOMELESSNESS TO THE CITY OF ALBUQUERQUE AND AFFILIATED ORGANIZATIONS IS 110,834. IN 2023, SARANAM SERVED A WHOLE FAMILY ANNUALLY FOR 53,274. LAST YEAR SARANAM SERVED 26 FAMILIES, WHICH IS A SAVINGS TO OUR COMMUNITY OF MORE THAN 1.3 MILLION DOLLARS. | Desc |
| Total Program Service Expenses | $1,536,730 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 13 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 16 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 13 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ORGANIZATION | PersonNm |
| Phone | 5052996154 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1028 EUBANK BLVD NE | AddressLine1Txt |
| Address Line2 | SUITE F | AddressLine2Txt |
| City | ALBUQUERQUE | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 87112 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| CHRISTINE LONG | ||||||
| CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MARY ELLEN COON | ||||||
| VICE CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| KEN BREINHOLT | ||||||
| TREASURER | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| BARBARA OUDET | ||||||
| SECRETARY | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| BRENDA CORDOVA-BUSICK | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| GRACIELA PLATA | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| AARON THOMPSON | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| VERA OLSEN | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| JANIE ROWE | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| LINDA WEIL | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| WALTER STERN | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| FRANK FINE | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| REV ANDY STOKER | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| TRACY WEAVER | ||||||
| EXECUTIVE DI | 40.00 | Yes (X) | $138,758 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $138,758 | TotalReportableCompFromOrgAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Government Grants | $10,000 | GovernmentGrantsAmt |
| All Other Contributions | $2,723,427 | AllOtherContributionsAmt |
| Noncash Contributions | $509,375 | NoncashContributionsAmt |
| Total Contributions | $2,733,427 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $11,203 | TotalRevenueColumnAmt |
| Exclusion | $11,203 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,744,630 | TotalRevenueColumnAmt |
| Exclusion | $11,203 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $138,758 | TotalAmt |
| Program Services | $117,944 | ProgramServicesAmt |
| Management And General | $13,876 | ManagementAndGeneralAmt |
| Fundraising | $6,938 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $545,463 | TotalAmt |
| Program Services | $423,527 | ProgramServicesAmt |
| Management And General | $16,172 | ManagementAndGeneralAmt |
| Fundraising | $105,764 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,617 | TotalAmt |
| Program Services | $38,474 | ProgramServicesAmt |
| Management And General | $2,135 | ManagementAndGeneralAmt |
| Fundraising | $8,008 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $54,599 | TotalAmt |
| Program Services | $43,208 | ProgramServicesAmt |
| Management And General | $2,398 | ManagementAndGeneralAmt |
| Fundraising | $8,993 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,338 | TotalAmt |
| Management And General | $23,338 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,854 | TotalAmt |
| Program Services | $24,397 | ProgramServicesAmt |
| Management And General | $2,664 | ManagementAndGeneralAmt |
| Fundraising | $25,793 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,300 | TotalAmt |
| Fundraising | $1,300 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,435 | TotalAmt |
| Program Services | $16,085 | ProgramServicesAmt |
| Fundraising | $8,350 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,732 | TotalAmt |
| Program Services | $14,824 | ProgramServicesAmt |
| Management And General | $823 | ManagementAndGeneralAmt |
| Fundraising | $3,085 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $274,787 | TotalAmt |
| Program Services | $274,787 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,540 | TotalAmt |
| Program Services | $8,522 | ProgramServicesAmt |
| Fundraising | $18 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,887 | TotalAmt |
| Management And General | $29,887 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,923 | TotalAmt |
| Program Services | $12,923 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,888 | TotalAmt |
| Program Services | $20,794 | ProgramServicesAmt |
| Management And General | $1,094 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| IN-KIND | $287,702 | $287,702 | ||
| OTHER | $81,295 | $67,207 | $13,134 | $954 |
| TRAINING | $77,166 | $77,166 | ||
| SUPPLIES | $45,144 | $45,144 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,026 | TotalAmt |
| Program Services | $64,026 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,811,454 | TotalAmt |
| Program Services | $1,536,730 | ProgramServicesAmt |
| Management And General | $105,521 | ManagementAndGeneralAmt |
| Fundraising | $169,203 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,269,432 | BOYAmt |
| EOY | $3,793,215 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,924,846 | BOYAmt |
| EOY | $759,969 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,463 | BOYAmt |
| EOY | $17,381 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $848,630 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $67,342 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $794,211 | BOYAmt |
| EOY | $781,288 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,469,686 | BOYAmt |
| EOY | $4,351,319 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,474,638 | BOYAmt |
| EOY | $9,703,172 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,163 | BOYAmt |
| EOY | $209,943 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $750,000 | BOYAmt |
| EOY | $750,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $125,613 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $796,163 | BOYAmt |
| EOY | $1,085,556 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,926,589 | BOYAmt |
| EOY | $5,996,980 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,751,886 | BOYAmt |
| EOY | $2,620,636 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,678,475 | BOYAmt |
| EOY | $8,617,616 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,474,638 | BOYAmt |
| EOY | $9,703,172 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $933,176 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $5,965 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | Yes (true) | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,184,365 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,493,790 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,010,107 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,437,031 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,224,051 | CurrentTaxYearAmt |
| Total | $13,349,344 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,184,365 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,493,790 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,010,107 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,437,031 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,224,051 | CurrentTaxYearAmt |
| Total | $13,349,344 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $13,349,344 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $863 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,285 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $545 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $171 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $11,203 | CurrentTaxYearAmt |
| Total | $14,067 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $13,363,411 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $2,000 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.99890 | PublicSupportCY170Pct |
| Public Support PY170 | 0.99970 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $750,000 | OtherCostOrOtherBasisAmt |
| Book Value | $750,000 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $17,449 | OtherCostOrOtherBasisAmt |
| Depreciation | $12,729 | DepreciationAmt |
| Book Value | $4,720 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $64,527 | OtherCostOrOtherBasisAmt |
| Depreciation | $39,418 | DepreciationAmt |
| Book Value | $25,109 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $16,654 | OtherCostOrOtherBasisAmt |
| Depreciation | $15,195 | DepreciationAmt |
| Book Value | $1,459 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $781,288 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| CONSTRUCTION IN PROGRESS | $4,240,147 |
| RIGHT TO USE | $61,443 |
| ENDOWMENT | $49,729 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $4,351,319 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| ACCRUED PAYROLL | $65,342 |
| LEASE LIABILITY-LT | $43,598 |
| LEASE LIABILITY-ST | $16,673 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $125,613 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $2,750,595 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $5,965 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $5,965 | RevenueNotReportedAmt |
| Revenue Subtotal | $2,744,630 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $2,744,630 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,811,454 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $1,811,454 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $1,811,454 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 4, PART XI, LINE 2D | DIRECT FUNDRAISING EXPENSE 0 |
| SCHEDULE D, PAGE 4, PART XII, LINE 2D | DIRECT FUNDRAISING EXPENSE 0 |
Schedule M IRS990ScheduleM
Food Inventory FoodInventoryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,021 | NoncashContributionsRptF990Amt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt |
|---|---|---|
| Yes (X) | 1 | $14,917 |
| Yes (X) | 2 | $493,437 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 1, PART I, LINE 6 | VOLUNTEERS PROVIDED 4,133 HOURS OF DONATED TIME TO SARANAM. |
| FORM 990, PAGE 2, PART III, LINE 4A | 2023 ACCOMPLISHMENTS AFTER 20 YEARS IN OPERATION, SARANAM HAS PROVIDED FAMILIES WITH SAFE HOUSING, PRACTICAL LIFE-SKILLS INSTRUCTION, A SUPPORTIVE COMMUNITY, AND A PATHWAY TO SELF-SUFFICIENCY THROUGH EDUCATION. WITH 77% OF FAMILIES SUCCESSFULLY EXITING THE PROGRAM INTO PERMANENT, SAFE AND STABLE LIVING SITUATIONS, SARANAM IS A SUSTAINABLE SOLUTION TO FAMILY HOMELESSNESS. WE HAVE REMAINED IN CONTACT WITH AN INCREDIBLE 76% OF FAMILIES WHO EXITED ONE YEAR OR MORE AGO. OF THOSE FAMILIES, 86% WHO LEFT THE PROGRAM SUCCESSFULLY REMAIN STABLE AFTER A YEAR. SARANAM'S APPROACH TO ENDING POVERTY AND HOMELESSNESS FOR FAMILIES IS AN INNOVATIVE TWO-GENERATIONAL STRATEGY, WHERE BOTH PARENTS AND CHILDREN RECEIVE SERVICES SIMULTANEOUSLY AND IN SYNC. OUR TWO-GENERATIONAL STRATEGY IS SUPPORTED BY A GROWING BODY OF ANTI-POVERTY RESEARCH THAT SHOWS THE EFFECTIVENESS OF MAKING BOTH PARENTS AND CHILDREN CHANGE AGENTS IN WORKING TO GET OUT OF POVERTY. 2023 WE WERE ABLE TO WELCOME 10 NEW FAMILIES INTO AND HAD 9/11 FAMILIES SUCCESSFULLY EXIT OUR PROGRAM. OUR ALUMNI PROGRAMMING SUPPORTED 22 INDVIDUALS IN PROSPERITY WORKS'S INDIVIDUAL DEVELOPMENT ACCOUNTS (SAVINGS TARGETED TOWARD EDUCATION, HOME BUYING, SMALL BUSINESS OR VEHICLE PURCHASE) PROGRAM, SUPPORTING EACH PERSON'S SAVINGS WITH A 4:1 MATCH WE ALSO CONTRIBUTED TO 36 CHILDREN'S CHILD SAVINGS ACCOUNTS FOR THEIR POST-SECONDARY EDUCATION. SARANAM CONTINUED RAISING FUNDING FOR OUR CAPITAL CAMPAIGN TO BUILD A SECOND CAMPUS WHICH WILL MORE THAN DOUBLE THE NUMBER OF FAMILIES WE ARE ABLE TO SERVE EACH YEAR. WE CONTINUE TO HAVE CONSTRUCTION DELAYS DUE TO LABOR AND SUPPLY CHAIN ISSUES. THESE DELAYS HAVE ALSO CAUSED INCREASED COSTS TO 12.8 MILLION. WE PLAN TO OCCUPY THE FIRST PHASE OF TEN RESIDENTIAL UNITS IN THE EARLY SPRING 2024. WE PURCHASED 3.5 ACRES TO DEVELOP A SECOND SITE WHICH WILL INCLUDE AN ADDITIONAL 25-RESIDENTIAL UNITS, PROGRAMMING SPACES, PLAYGROUNDS, OFFICES, DONATION CENTER AND GARDENS ALL DESIGNED TO BRING MORE FAMILIES INTO SELF-SUFFICIENCY. 2023 OUTCOMES SINCE INCEPTION IN 2004, SARANAM HAS SERVED 172 HOMELESS FAMILIES IN ALBUQUERQUE, INCLUDING 197 ADULTS AND 363 CHILDREN. OUR PROGRAM HAS DEMONSTRATED A 77% SUCCESS RATE OF FAMILIES EXITING THE PROGRAM HAVING MET MORE THAN THREE OF OUR MEASURES OF SUCCESS. OUR 77% SUCCESS RATE INDICATES THAT WHEN FAMILIES EXIT, THEY ARE ABLE TO SUPPORT THEMSELVES, INCLUDING PAYING FOR HOUSING, SUPPLIES, UTILITIES, ETC., ON THEIR OWN INCOME. THE LIFE SKILLS WE PROVIDE ENSURE THAT OUR FAMILIES ARE ABLE TO MAINTAIN AND SUSTAIN THESE OUTCOMES. IN 2023 WE SERVED 26 FAMILIES WITH 29 ADULTS AND 52 CHILDREN. 9/11 FAMILIES SUCCESSFULLY EXITED THE PROGRAM IN 2023. WE HAVE REMAINED IN CONTACT WITH AN INCREDIBLE 76% OF FAMILIES WHO EXITED ONE YEAR OR MORE AGO. OF THOSE FAMILIES, 86% WHO LEFT THE PROGRAM SUCCESSFULLY REMAIN STABLE AFTER A YEAR. THIS YEAR WE CONTINUED OUR ALUMNI COMPONENT TO OUR PROGRAMMING, ENABLING US TO CONTINUE TO SUPPORT FAMILY STABILITY THROUGH ADDED COMMUNITY, ASSET BUILDING AND EDUCATIONAL ACTIVITIES. WE HAD DIRECT CONTACT WITH 62 ALUMNI FAMILIES IN 2023 WITH 72 INDIVIDUALS (12 ARE 2GEN, THEY WERE CHILDREN WHEN AT SARANAM). WE OFFERED 22 INDIVIDUAL SAVINGS ACCOUNTS TO ALUMNI, AND HAD 36 CHILD SAVINGS ACCOUNTS. SARANAM'S 3 STEPS TO ENDING HOMELESSNESS AND POVERTY FOR FAMILIES. 1.HOUSING ENDS HOMELESSNESS 2.EDUCATION BRINGS EMPLOYMENT OPPORTUNITIES. 3.COMMUNITY BUILDS CONNECTION. NUMBER OF FAMILIES: 26 52 CHILDREN, 29 ADULTS 10 NEW FAMILIES WERE BROUGHT INTO SARANAM IN 2023 UNDUPLICATED VOLUNTEERS: 788 VOLUNTEER HOURS: 4773 IN 2023 13 STUDENTS ENROLLED IN THE FOLLOWING SCHOOLS: CENTRAL NEW MEXICO COMMUNITY COLLEGE (CNM), UNIVERSITY OF NEW MEXICO (UNM), SOUTHERN NEW HAMPSHIRE UNIVERSITY (SNHU), CARRINGTON COLLEGE, AND THE AVENUE ACADEMY. NINE (9) ADULTS ENROLLED IN THE FOLLOWING PROGRAMS AT CNM: ASSOCIATE DEGREE PROGRAMS IN ACCOUNTING, NURSING, RADIOLOGY TECHNOLOGY, AND CULINARY ARTS; CERTIFICATE PROGRAMS IN PHLEBOTOMY, COSMETOLOGY, NURSING ASSISTANT, AND UNMANNED AIRCRAFT SYSTEMS; AND A PRE-BACHELOR'S DEGREE PROGRAM IN SOCIOLOGY. TWO ADULTS WERE ENROLLED IN UNM'S LIBERAL ARTS AND ANTHROPOLOGY BACHELOR'S DEGREE PROGRAMS. ONE ADULT WAS ENROLLED IN SNHU'S SOCIOLOGY BACHELOR'S DEGREE PROGRAM; ONE ADULT WAS ENROLLED IN THE AVENUE ACADEMY'S COSMETOLOGY PROGRAM; AND ONE ADULT WAS ENROLLED IN CARRINGTON COLLEGE'S PRACTICAL NURSING CERTIFICATE PROGRAM. SARANAM FAMILIES ALSO EARNED EDUCATIONAL CREDENTIALS THREE ADULTS EARNED THEIR GEDS. FOUR STUDENTS EARNED VOCATIONAL CERTIFICATES IN THE FOLLOWING FIELDS: PHLEBOTOMY, NURSING ASSISTANT, LICENSED PRACTICAL NURSE, AND UNMANNED AIRCRAFT/REMOTE PILOT SYSTEMS. ORGANIZATIONAL CAPACITY BUILDING AS PART OF THE PROCESS FOR VALIDATING OUR UNIQUE MODEL, WE HAVE UNDERGONE SUBSTANTIAL EVALUATION AND UPDATES TO OUR INTERNAL SYSTEMS. THIS YEAR, WITH CONTINUED SUPPORT FROM THE CARL C. ANDERSON SR. AND MARY JO ANDERSON CHARITABLE FOUNDATION, SARANAM CONTINUED WORK WITH THE UNM EVALUATION LAB. OUR PROJECT ENDING IN APRIL 2023, WE EXPLORED OPTIONS FOR ASSESSING LONG- TERM OUTCOMES FOR SARANAM FAMILIES. THE GOLD STANDARD FOR ASSESSING PROGRAM OUTCOMES IS TO CONDUCT A RANDOMIZED CONTROLLED TRIAL (RCT). BEFORE DESIGNING AN RCT, A PROGRAM SHOULD DEMONSTRATE A HIGH RATE OF PROGRAM COMPLETION AND IMPROVED OUTCOMES FOR PARTICIPANTS RELATIVE TO A WELL- DESIGNED CONTROL GROUP. WE MEASURED PROGRAM COMPLETION RATES, WHICH SHOWED THAT 88% OF FAMILIES STAYED WITH SARANMA FOR ONE SEMESTER OR LONGER AND 67% STAYED WITH SARANAM FOR 2 SEMESTERS OR LONGER. WE ESTIMATED LONG-TERM OUTCOMES FROM SARANAM'S ONGOING ALUMNI SURVEY. THIS SHOWED FAMILIES WERE BETTER OFF THREE YEARS AFTER EXITING SARANAM THAN THE CONTROL GROUP (FAMILY OPTIONS STUDY). WE ALSO EXPLORED APS MCKINNEY-VENTO AS A SOURCE OF DATA FOR LONG-TERM OUTCOMES. WE ARE HOPING TO CONTINUE TO MOVE TOWARD THE RCT IN THE COMING YEARS TO VALIDATE AND REPLICATE THE SARANAM MODEL. IN THE FALL OF 2023, WITH THE UNM EVALUATION LAB, WE BEGAN THE 2023-24 PROJECT: BUILDING THE TOOLS AND THEORETICAL FRAMEWORK FOR SARANAM TO ASSES THE EFFECTIVENESS OF THE PROGRAM AND IDENTIFY THE MOST APPROPRIATE STUDY DESIGN FOR US TO USE IN THE FUTURE TO OBTAIN EXTERNAL VALIDATION. SARANAM'S LIFE CHANGING IMPACT IS CLEAR TO SEE IN THE JOY OF OUR FAMILIES DEVELOPING SELF-SUSTAINING LIVES. WHERE THE BENEFIT IS ALSO CLEAR IS IN THE ECONOMIC IMPACT. IN A COST ANALYSIS STUDY CONDUCTED IN 2022 UNM'S SCHOOL OF PUBLIC ADMINISTRATION FOUND THAT THE ESTIMATED ANNUAL COST OF A FAMILY EXPERIENCING HOMELESSNESS TO THE CITY OF ALBUQUERQUE AND AFFILIATED ORGANIZATIONS IS 110,834. IN 2023, SARANAM SERVED A WHOLE FAMILY ANNUALLY FOR 53,274. LAST YEAR SARANAM SERVED 26 FAMILIES, WHICH IS A SAVINGS TO OUR COMMUNITY OF MORE THAN 1.3 MILLION DOLLARS. |
| FORM 990, PAGE 6, PART VI, LINE 7B | CHURCH COUNCIL OF CENTRAL UNITED METHODIST CHURCH APPROVES MEMBERS OF SARANAM LLC BOARD |
| FORM 990, PAGE 6, PART VI, LINE 11B | FINANCE COMMITTEE OF SARANAM LLC REVIEWS THE DOCUMENT PRIOR TO ELECTRONIC SUBMISSION. |
| FORM 990, PAGE 6, PART VI, LINE 12C | CONFLICTS AND POSSIBLE CONFLICTS ARE REQUIRED TO BE DISCLOSED VOLUNTARILY BY THE OFFICER, DIRECTOR OR COMMITTEE MEMBER. |
| FORM 990, PAGE 6, PART VI, LINE 15A | COMPENSATION OF OFFICERS AND DIRECTORS ARE REVIEWED AND APPROVED DURING THE ANNUAL BUDGET PROCESS. |
| FORM 990, PAGE 6, PART VI, LINE 15B | COMPENSATION OF OFFICERS AND DIRECTORS ARE REVIEWED AND APPROVED DURING THE ANNUAL BUDGET PROCESS. |
| FORM 990, PAGE 6, PART VI, LINE 19 | FINANCIAL AND OPERATIONAL ACTIVITIES ARE DISCLOSED ON THE ORGANIZATION'S WEBSITE. AUDIT REPORTS AND THE FORM 990 INFORMATION IS DISCLOSED ON THE GUIDESTAR WEBSITE. ADDITIONAL INFORMATION IS AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9 | DIRECT FUNDRAISING EXPENSE 0 DIRECT FUNDRAISING EXPENSE 0 |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CENTRAL UNITED METHODIST CHURCH | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 UNIVERSITY BLVD NE | AddressLine1Txt |
| City | ALBUQUERQUE | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 87106 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | RELIGOUS O | PrimaryActivitiesTxt |
| Legal Domicile State | NM | LegalDomicileStateCd |
| Exempt Code Section | 501C3 | ExemptCodeSectionTxt |
| Public Charity Status | 1 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | false | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |