Sabeswings EIN 20-1210773 Form 990 (PDF) Claim this org

Sabeswings FY2021 filing

Not yet claimed Claim this org →

Helps people facing overwhelming medical debt and other urgent needs. For fiscal year 2021 it reported $580K in revenue, $179K in expenses, and $419K in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Paso Robles, CA
Website
www.sabeswings.com
Filings
4 on file (2021–2021)
Revenue
$580KFY2021
Expenses
$179K
Net assets
$419K
People
12
Filings
4
Updates
0
More identity details & actions ⌄
EIN  20-1210773 Public foundation / grantmaker Paso Robles, CA
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Sabeswings claims this page.

Know this organization? Claim it to add your story

Size
$1–10M
What they do
Helps people facing overwhelming medical debt and other urgent needs.
Leadership
Bret Saberhagen · President · $10K
Money in and out
$580K revenue, $179K expenses
Bottom line
61% program efficiency
Grants paid & assets · FY2021
Total revenue
$580K
Pt VIII · Ln 12
Total expenses
$179K
Pt IX · Ln 25
Net assets
$419K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $401K
Where spending went · Part IX cols B–D
Program services $0.61 Management & general $0.08 Fundraising $0.31
Program efficiency
61%
of spending reaches programs
Operating runway
27.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+69%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$580K
FY2021
Expenses
$179K
FY2021
Total assets
$421K
FY2021
Total liabilities
$3K
FY2021
Total revenue
$580K
Pt VIII · Ln 12
Total expenses
$179K
Pt IX · Ln 25
Net assets
$419K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$401K
Total assetsPt X · Ln 16$421K
Program-expense ratioPt IX · col B61%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSabeswings
EINHdr · item D20-1210773
Principal addressHdr · item CPaso Robles, CA
WebsiteHdr · item Jwww.sabeswings.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T30)
Ruling yearIRS BMFSep 2004

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$10,000Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Bret Saberhagen’s $188K as President is at the 78th percentile of top reported officer pay among 1688 $1–10M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Bret Saberhagen$187,500$180,000$120,000$10,000
Candace Oestreich$66,000$60,000
Brenda Deshon$19,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Sabeswings executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

1 program service account for $110K of program spending, described in the organization's own filed words · FY2021.
01

Fundraising for those who are unable to pay their medical bills.

$110Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Other revenue$348K · 60%
Contributions & grants$232K · 40%
Other revenue60%$348K
Contributions & grants40%$232K
Total revenueLn 12$580K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.61 Management & general $0.08 Fundraising $0.31
Program services61%$110K
Management & general8%$14K
Fundraising31%$56K
Total functional expensesLn 25$179K

Balance Sheet

Part X · end of year
CashLn 1$415K
Total assetsLn 16$421K
Total liabilitiesLn 26$3K
Total net assetsLn 32$419K
Months of cash on handcomputed27.7

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $415K · Operating expenses/yr $179K
27.7 months
Where the money goes
Program services
Program services $110K · Total expenses $179K
61%
Management & General
Management & general $14K · Total expenses $179K
8%
Fundraising
Fundraising $56K · Total expenses $179K
31%
Cost to raise $1
Fundraising expense $56K · Solicited contributions $232K
$0.24 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $232K · Total revenue $580K
40%
Government reliance
Government grants — · Total revenue $580K
Earned-income share
Program service revenue $0 · Total revenue $580K
0%
Investment reliance
Investment income $0 · Total revenue $580K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $179K
0%
Growth & trend
Revenue growth (YoY)
This year $580K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $419K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $580K · Expenses $179K
+69%
Liabilities-to-Assets
Total liabilities — · Total assets $421K
Net-asset ratio
Net assets $419K · Total assets $421K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $421K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Bret Saberhagen · Reported title PRESIDENT · Highest reported compensation $10K · Total expenses $179K
6%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $10K · Total expenses $179K
6%
Fundraising vendors
Fundraiser cost ratio
Paid to fundraisers $35K · Gross raised $232K
15%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 61%
Overhead ratio 8%
Fundraising cost ratio 24%
Legal fee ratio 2%
Fundraising fee ratio 19%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 4 funders →
Grants paid · 4 grants · $1.5M · 2023–2024
Unitemized GrantFY2024$887,646
Unitemized GrantFY2023$574,094
Jack's Helping Hand INCCA · FY2023$10,400

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$1.2M revenue · ⤓ 990 PDF
FY2023$1.1M revenue · ⤓ 990 PDF
FY2022$1.5M revenue · ⤓ 990 PDF
FY2021$580K revenue · viewing · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.