Suri Network EIN 31-1471060

Suri Network

EIN  31-1471060 Mutual-benefit / member-serving Estes Park, CO
Form 990 (PDF) Compare with another nonprofit →
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Size
<$100K
What they do
a member-serving organization
Leadership
Nikki Griffith · Secretary
Money in and out
$61K revenue, $41K expenses
Bottom line
+33% surplus margin

Suri Network is a member-serving organization based in Estes Park, CO. For fiscal year 2024 it reported $61K in revenue, $41K in expenses, and $125K in net assets.Pt I

Reported financial activity · FY2024
Total revenue
$61K
Pt VIII · Ln 12
Total expenses
$41K
Pt IX · Ln 25
Net assets
$125K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $20K
Where spending went · Part IX cols B–D
Program services $0.79 Management & general $0.21
Surplus margin
+33%
revenue over expenses, this year▲ +308% vs prior filing year
Program spending
79%
of expenses reach programs▼ -6% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$61K
FY2024▲ +11%
Expenses
$41K
FY2024▼ -35%
Total assets
$125K
FY2024▲ +19%
Total liabilities
$0
FY2024
Total revenue
$61K
Pt VIII · Ln 12
Total expenses
$41K
Pt IX · Ln 25
Net assets
$125K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$20K
Total assetsPt X · Ln 16$125K
Program-expense ratioPt IX · col B79%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2024.
01

The summer symposium offers educaation on suri slpacas through clinics speakers and competitions this 3 day event brings suri alpaca lovers from all around the country to network the speakers and clinics offer information on breeding health and well being of the herds and the fiber arts which comes from these animals

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSuri Network
EINHdr · item D31-1471060
Principal addressHdr · item CEstes Park, CO
WebsiteHdr · item Jwww.surinetwork.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(5) · active
NTEE classificationIRS BMFFood & Agriculture (K26)
Ruling yearIRS BMFMar 2001

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
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
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Trustee at Large
$0Pt VII · Sec A
Trustee at Large
$0Pt VII · Sec A
Trustee at Large
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue$33K · 53%
Contributions & grants$29K · 47%
Program service revenue53%$33K
Contributions & grants47%$29K
Total revenueLn 12$61K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.79 Management & general $0.21
Program services79%$33K
Management & general21%$9K
Total functional expensesLn 25$41K

Balance Sheet

Part X · end of year
CashLn 1$124K
Total assetsLn 16$125K
Total liabilitiesLn 26$0
Total net assetsLn 32$125K
Months of cash on handcomputed36.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $124K · Operating expenses/yr $41K
36.0 months
Where the money goes
Program services
Program services $33K · Total expenses $41K
79%
Management & General
Management & general $9K · Total expenses $41K
21%
Fundraising
Fundraising — · Total expenses $41K
Cost to raise $1
Fundraising expense — · Solicited contributions —
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $29K · Total revenue $61K
47%
Government reliance
Government grants — · Total revenue $61K
Earned-income share
Program service revenue $33K · Total revenue $61K
53%
Investment reliance
Investment income $0 · Total revenue $61K
0%
Program self-sufficiency
Program service revenue $33K · Total expenses $41K
79%
Growth & trend
Revenue growth (YoY)
This year $61K · Prior year $55K
+11%
Revenue CAGR
FY2020 $53K · FY2024 $61K
+4%
Net-asset trend (YoY)
End of year $125K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $61K · Expenses $41K
+33%
Liabilities-to-Assets
Total liabilities — · Total assets $125K
Net-asset ratio
Net assets $125K · Total assets $125K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $125K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Nikki Griffith · Reported title SECRETARY · Highest reported compensation $0 · Total expenses $41K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $41K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 79%
Overhead ratio 21%
Revenue growth 11%
Accounting fee ratio 1%

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.

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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)$61K revenue · viewing · ⤓ 990 PDF
FY2023$55K revenue · ⤓ 990 PDF
FY2022$61K revenue · ⤓ 990 PDF
FY2021$51K revenue · ⤓ 990 PDF
FY2020$53K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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