Sam Foundation INC EIN 82-1811546 Form 990 (PDF) Claim this org

Sam Foundation INC FY2023 filing

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Supports suicide loss survivors and prevention groups, trains community gatekeepers, and raises awareness through events. For fiscal year 2023 it reported $221K in revenue, $227K in expenses, and $70K in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Valley Head, AL
Website
www.samfound.org
Filings
5 on file (2020–2023)
Revenue
$221KFY2023
Expenses
$227K
Net assets
$70K
People
7
Filings
5
Updates
0
More identity details & actions ⌄
EIN  82-1811546 Public foundation / grantmaker Valley Head, AL
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Supports suicide loss survivors and prevention groups, trains community gatekeepers, and raises awareness through events.
Leadership
Julie Smith · Executive Di · $36K
Money in and out
$221K revenue, $227K expenses
Bottom line
53% program efficiency
Grants paid & assets · FY2023
Total revenue
$221K
Pt VIII · Ln 12
Total expenses
$227K
Pt IX · Ln 25
Net assets
$70K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$6K
Where spending went · Part IX cols B–D
Program services $0.53 Management & general $0.26 Fundraising $0.21
Program efficiency
53%
of spending reaches programs
Operating runway
5.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
-3%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$221K
FY2023▲ +6%
Expenses
$227K
FY2023▲ +3%
Total assets
$78K
FY2023▼ -5%
Total liabilities
$8K
FY2023▲ +38%
Total revenue
$221K
Pt VIII · Ln 12
Total expenses
$227K
Pt IX · Ln 25
Net assets
$70K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$6K
Total assetsPt X · Ln 16$78K
Program-expense ratioPt IX · col B53%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

3 program services, described in the organization's own filed words · FY2023.
01

Work to support those impacted by suicide as well as organizations involved in the suicide prevention community.

Pt IX · col B
02

Promote and facilitate a variety of training programs to educate gatekeepers in our local community.

Pt IX · col B
03

Create suicide awareness through public events.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSam Foundation INC
EINHdr · item D82-1811546
Principal addressHdr · item CValley Head, AL
WebsiteHdr · item Jwww.samfound.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T30)
Ruling yearIRS BMFMar 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Di
$36,000Pt VII · Sec A
$36,000Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Julie Smith’s $40K as Executive Di is at the 37th percentile of top reported officer pay among 1264 $100K–1M 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
Julie Smith$40,000$36,000
Nicole Goggans$36,000$36,000$36,000
Julia Smith$36,000

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.

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Statement of Revenue

Part VIII
Contributions & grants$136K · 62%
Other revenue$84K · 38%
Contributions & grants62%$136K
Other revenue38%$84K
Investment income$902
— government grantsLn 1e$21K
Total revenueLn 12$221K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.53 Management & general $0.26 Fundraising $0.21
Program services53%$121K
Management & general26%$58K
Fundraising21%$48K
Total functional expensesLn 25$227K

Balance Sheet

Part X · end of year
CashLn 1$59K
Total assetsLn 16$78K
Total liabilitiesLn 26$8K
Total net assetsLn 32$70K
Months of cash on handcomputed3.1

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $70K · Operating expenses (Pt IX) $227K · Less non-cash grants $74K · Cash operating expenses/yr $153K
5.4 months
Where the money goes
Program services
Program services $121K · Total expenses $227K
53%
Management & General
Management & general $58K · Total expenses $227K
26%
Fundraising
Fundraising $48K · Total expenses $227K
21%
Cost to raise $1
Fundraising expense (3-yr avg) $34K · Solicited contributions (3-yr avg) $106K
$0.32 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $136K · Total revenue $221K
62%
Government reliance
Government grants $21K · Total revenue $221K
10%
Earned-income share
Program service revenue $0 · Total revenue $221K
0%
Investment reliance
Investment income $902 · Total revenue $221K
+0.4%
Program self-sufficiency
Program service revenue $0 · Total expenses $227K
0%
Growth & trend
Revenue growth (YoY)
This year $221K · Prior year $209K
+6%
Net-asset trend (YoY)
End of year $70K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $221K · Expenses $227K
-3%
Liabilities-to-Assets
Total liabilities — · Total assets $78K
Net-asset ratio
Net assets $70K · Total assets $78K
90%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $11K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $78K
14%
People & payroll
Highest Reported Total Compensation
Individual Julie Smith · Reported title EXECUTIVE DI · Highest reported compensation $36K · Total expenses $227K
16%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $85K · Total expenses $227K
37%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 53%
Overhead ratio 26%
Fundraising cost ratio 35%
Revenue growth 6%
Accounting fee ratio 7%

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
Total grants receivedfrom 1 funder$14K
Grants paid · 8 grants · $29K · 2020–2020
Children's Advocacy CenterFY2020$10,000
Alabama Suicide Prevention & ResourFY2020$5,000
Fort Payne High SchoolFY2020$2,500
The Jason FoundationFY2020$1,000
American Foundation of Suicide PrevFY2020$25
No Kid HungryFY2020$20

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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)$203K revenue · ⤓ 990 PDF
FY2023$221K revenue · viewing · ⤓ 990 PDF
FY2022$209K revenue · ⤓ 990 PDF
FY2021$78K revenue · ⤓ 990 PDF
FY2020$41K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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