Secured Alliance INC FY2020 filing

Tax-deductible

Phoenix, AZ501(c)(3)Human ServicesEIN 82-4760735Revenue $4.1M in FY2020

On file with the IRSsecuredalliance.org10439 S 51st St Ste 225, 85044-5243 · Phoenix, AZTax-exempt since Aug 2019Supporting org, Type II — 509(a)(3)

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Professional support for conservatorship, guardianship, and trusteeship services

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
$505K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $112K a year · 3% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$505K
to officers and key staff · 13% of spending
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.1 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.5M
77% of total assets
Worth a look: liabilities are 77% of assets; over 65%.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.1M
Spent
$4.0M
To programs
85%
Net assets
$450K
By yearFY2020–FY2024
Revenue
$4.1M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$4.1M
FY2021$4.6M
FY2022$3.9M
FY2023$4.2M
FY2024$4.9M
Expenses
$4.0M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$4.0M
FY2021$3.7M
FY2022$3.8M
FY2023$4.8M
FY2024$4.8M
Net assets
$450K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$450K
FY2021$1.3M
FY2022$1.4M
FY2023$763K
FY2024$873K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2019.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $3.4M Management & general 15% · $598K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990; $505K paid to officers and key staff.

Part VII, Section A · reportable compensation
CEO & Board Member
$264,769Pt VII · Sec A
$158,808Pt VII · Sec A
CFO & Board Member
$81,108Pt 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
$0Pt VII · Sec A

Nathan C Schnackenberg’s $214K as CEO is at the 92nd percentile of top reported officer pay among 3869 $1–10M human services 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 · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Tom Avramis$43,888—$201,289$184,288$264,769
Nate Schnackenberg—$225,000——$158,808
Nathan C Schnackenberg$213,901————
Charnise M Mothershed$150,183————
Benjamin K Rumney$150,183————
Charnise Mothershed—$127,815$103,885$91,385—
Joanne Brasberger—$86,632$112,115$111,905$81,108
Vanessa Merino$109,654$103,654———

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides professional support for conservatorship, guardianship, and trusteeship services.

Questions for Secured Alliance INC

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Provided by the organization

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1 program · $3.4M · in their own filed words · FY2020
01

To provide supporting services to affiliates and streamline service delivery of affiliate organizations to maximize community impact.

$3.4Mprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$4.1M
Ln 12
Fees for servicesLn 2g$4.1M
Money outPt IX
$4.0M
Ln 25
Programscol B$3.4M
Managementcol C$598K
Owns and owesPt X
$450K
net assets · Ln 32
Cash and savingsLn 1–2$45K
Total assetsLn 16$1.9M
LiabilitiesLn 26$1.5M
PeoplePt VI, VII
8
listed · VII A
PaidVII A3
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$4.1M
Total revenueLn 12$4.1M
Assets in detailPt X, end of year
CashLn 1$45K
Cash and savings togetherLn 1–2$45K
Land, buildings, equipmentLn 10c$136K
Total assetsLn 16$1.9M
LiabilitiesLn 26$1.5M
Net assetsLn 32$450K
OperationsPt I, VI
EmployeesI 537
VolunteersI 66
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$43K$45K
Land, buildings, equipmentLn 10c$173K$136K
Total assetsLn 16$1.1M$1.9M
LiabilitiesLn 26$794K$1.5M
Net assetsLn 32$308K$450K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$590K$502K$89K
Other salaries and wagesLn 7$2.4M$2.0M$359K
Other employee benefitsLn 9$323K$274K$48K
Payroll taxesLn 10$225K$191K$34K
Legal feesLn 11b$45K$39K$7K
Accounting feesLn 11c$2K$2K
Other fees for servicesLn 11g$6K$6K
Advertising and promotionLn 12$3K$3K
Office expensesLn 13$117K$102K$15K
OccupancyLn 16$73K$62K$11K
TravelLn 17$34K$29K$5K
InterestLn 20$16K$16K
Depreciation, depletion and amortizationLn 22$47K$47K
InsuranceLn 23$32K$27K$5K
Other expenses (24a–d)Ln 24$75K$52K$23K
Total functional expensesLn 25$4.0M$3.4M$598K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $4.9M$4.8M$110K$873K 990 PDF
FY2023 $4.2M$4.8M−$665K$763K 990 PDF
FY2022 $3.9M$3.8M$118K$1.4M 990 PDF
FY2021 $4.6M$3.7M$854K$1.3M 990 PDF
FY2020 Viewing $4.1M$4.0M$145K$450K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $4,126,913 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $4,483,598$4,126,913
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $250$0
I-12 Total revenuePrior year $4,483,848$4,126,913
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $3,819,764$3,531,711
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $856,410$450,110
I-18 Total expensesPrior year $4,676,174$3,981,821
I-19 Revenue less expensesPrior year −$192,326$145,092
Part VI · Governance 7 of 7 board members independent, no flags
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $4,126,913 across 2 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $4,126,913$4,126,913
VIII-12 Total revenueRelated to mission $4,126,913 · Unrelated business $0 · Excluded from tax $0$4,126,913
Part IX · Statement of functional expenses $3,981,821 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $501,902 · Management $88,571$590,473
IX-7 Other salaries and wagesPrograms $2,034,196 · Management $358,976$2,393,172
IX-9 Other employee benefitsPrograms $274,478 · Management $48,437$322,915
IX-10 Payroll taxesPrograms $191,378 · Management $33,773$225,151
IX-11b Legal feesPrograms $38,598 · Management $6,811$45,409
IX-11c Accounting feesPrograms $2,100$2,100
IX-11g Other fees for servicesPrograms $6,079$6,079
IX-12 Advertising and promotionManagement $2,532$2,532
IX-13 Office expensesPrograms $102,175 · Management $15,240$117,415
IX-16 OccupancyPrograms $62,421 · Management $11,016$73,437
IX-17 TravelPrograms $28,777 · Management $4,725$33,502
IX-20 InterestPrograms $16,030$16,030
IX-22 Depreciation, depletion and amortizationPrograms $47,084$47,084
IX-23 InsurancePrograms $26,897 · Management $4,746$31,643
IX-24 Other expenses (24a–d)Programs $51,571 · Management $23,308$74,879
IX-25 Total functional expensesPrograms $3,383,686 · Management $598,135 · Fundraising $0$3,981,821
Part X · Balance sheet $1,935,286 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $43,308$45,479
X-4 Accounts receivableStart of year $885,074$1,702,395
X-9 Prepaid expenses and deferred chargesStart of year $0$51,679
X-10c Land, buildings and equipment, netStart of year $172,918$135,733
X-16 Total assetsStart of year $1,101,300$1,935,286
X-17 Accounts payable and accrued expensesStart of year $268,086$273,163
X-25 Other liabilitiesStart of year $525,568$1,211,825
X-26 Total liabilitiesStart of year $793,654$1,484,988
X-27 Net assets without donor restrictionsStart of year $307,646$450,298
X-32 Total net assets or fund balancesStart of year $307,646$450,298
X-33 Total liabilities and net assetsStart of year $1,101,300$1,935,286
Part XI · Reconciliation of net assets $450,298 net assets at year end
XI-1 Total revenue$4,126,913
XI-2 Total expenses$3,981,821
XI-3 Revenue less expenses$145,092
XI-4 Net assets at start of year$307,646
XI-8 Prior period adjustments−$2,440
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$450,298

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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