Satori INC FY2022 filing

Tax-deductible

Tucson, AZ501(c)(3)EIN 86-0614033Revenue $2.5M in FY2022

On file with the IRSsatorischool.org3801 N 1st Ave, 85719-1301 · Tucson, AZTax-exempt since Aug 1989School — 170(b)(1)(A)(ii)

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Primary education

501(c)(3) charity; gifts are tax-deductible.
78¢ of each $1 spent went to programs.
$74K 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

FY2022 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $92K a year · 4% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$74K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 5.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $125K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.4M
40% of total assets
Looks good: liabilities are 40% of assets; 50% or less.
Pt X · Ln 26
Independent board members
2
of 4 voting members
Fine: 2 of 4 voting members are independent, half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.5M
+40% vs prior year
Spent
$1.9M
To programs
78%
Net assets
$2.1M
By yearFY2020–FY2025
Revenue
$2.5M
FY2022▲ +40%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.3M
FY2021$1.8M
FY2022$2.5M
FY2023$1.9M
FY2024$2.2M
FY2025$1.8M
Expenses
$1.9M
FY2022▲ +10%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.0M
FY2021$1.7M
FY2022$1.9M
FY2023$1.9M
FY2024$2.3M
FY2025$2.2M
Net assets
$2.1M
FY2022▲ +42%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.4M
FY2021$1.5M
FY2022$2.1M
FY2023$2.1M
FY2024$2.1M
FY2025$1.7M

From the FY2022 Form 990 (year ending June 2022) · 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: FY2025. IRS ruling in Aug 1989.

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

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $1.5M Management & general 22% · $404K

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

4 people listed on the 990; $74K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$48,227Pt VII · Sec A
Secretary
$25,278Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Susan Stoddard$14,089$7,518$27,495$48,227$50,672—
Karen Kimball——$21,083$25,278$19,951$32,814

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

Satori INC is a nonprofit based in Tucson, AZ.

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Provided by the organization

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1 program · $1.5M · in their own filed words · FY2021
01

The school provides an additional educational alternative for parents and students in the surrounding community.

$1.5Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$125K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$2.5M
Ln 12
Fees for servicesLn 2g$2.4M
Other incomeLn 4–11$53K
Gifts and grantsLn 1h$29K
Money outPt IX
$1.9M
Ln 25
Programscol B$1.5M
Managementcol C$404K
Owns and owesPt X
$2.1M
net assets · Ln 32
Cash and savingsLn 1–2$797K
Total assetsLn 16$3.6M
LiabilitiesLn 26$1.4M
PeoplePt VI, VII
4
listed · VII A
PaidVII A2
Voting boardVI 1a4
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$29K
Fees for servicesLn 2g$2.4M
Other incomeLn 4–11$53K
Gains on assetsLn 7$0
Total revenueLn 12$2.5M
Assets in detailPt X, end of year
CashLn 1$797K
SavingsLn 2$0
Cash and savings togetherLn 1–2$797K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$1.9M
Other assetsLn 15$0
Total assetsLn 16$3.6M
LiabilitiesLn 26$1.4M
Net assetsLn 32$2.1M
OperationsPt I, VI
EmployeesI 544
VolunteersI 62
Fiscal year endsHeaderJune
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 FY22End FY22
Cash and savingsLn 1–2$846K$797K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$2.0M$1.9M
Total assetsLn 16$2.9M$3.6M
LiabilitiesLn 26$1.4M$1.4M
Net assetsLn 32$1.5M$2.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$74K$59K$15K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$1.1M$847K$238K
Pension plan contributionsLn 8$17K$13K$4K
Other employee benefitsLn 9$102K$80K$22K
Payroll taxesLn 10$67K$53K$14K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$13K$13K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$14K$14K
Advertising and promotionLn 12$0
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$82K$73K$8K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$64K$58K$6K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$104K$93K$10K
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$248K$187K$61K
All other expensesLn 24e$0
Total functional expensesLn 25$1.9M$1.5M$404K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.8M$2.2M−$385K$1.7M 990 PDF
FY2024 $2.2M$2.3M−$58K$2.1M 990 PDF
FY2023 $1.9M$1.9M$5K$2.1M 990 PDF
FY2022 Viewing $2.5M$1.9M$629K$2.1M 990 PDF
FY2021 $1.8M$1.7M$85K$1.5M 990 PDF
FY2020 $2.3M$2.0M$274K$1.4M 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 FY2022 990 (6 parts)
Part I · Summary $2,497,090 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $9,161$29,404
I-9 Program service revenuePrior year $1,724,844$2,414,238
I-10 Investment income$0
I-11 Other revenuePrior year $48,763$53,448
I-12 Total revenuePrior year $1,782,768$2,497,090
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,258,657$1,343,560
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $439,558$524,823
I-18 Total expensesPrior year $1,698,215$1,868,383
I-19 Revenue less expensesPrior year $84,553$628,707
Part VI · Governance 2 of 4 board members independent, no flags
VI-1a Voting members of the governing body4
VI-1b Independent voting members2
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 $2,497,090 across 9 lines filed
VIII-1f All other contributions, gifts and grants$29,404
VIII-1h Total contributions, gifts and grants$29,404
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,414,238$2,414,238
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising eventsExcluded from tax $53,448$53,448
VIII-12 Total revenueRelated to mission $2,414,238 · Excluded from tax $53,448$2,497,090
Part IX · Statement of functional expenses $1,868,383 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $58,809 · Management $14,696$73,505
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $847,324 · Management $237,544$1,084,868
IX-8 Pension plan contributionsPrograms $13,143 · Management $3,525$16,668
IX-9 Other employee benefitsPrograms $80,313 · Management $21,538$101,851
IX-10 Payroll taxesPrograms $52,569 · Management $14,099$66,668
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $12,810$12,810
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesManagement $14,000$14,000
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $73,385 · Management $8,154$81,539
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestPrograms $57,933 · Management $6,437$64,370
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $93,447 · Management $10,383$103,830
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Programs $187,053 · Management $61,221$248,274
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $1,463,976 · Management $404,407 · Fundraising $0$1,868,383
Part X · Balance sheet $3,567,707 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $845,594$796,548
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivableStart of year $69,517$793,004
X-4 Accounts receivableStart of year $36,164$59,281
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $4,007$0
X-10c Land, buildings and equipment, netStart of year $1,994,025$1,918,874
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $2,949,307$3,567,707
X-17 Accounts payable and accrued expensesStart of year $16$7,154
X-25 Other liabilitiesStart of year $147,522$197,960
X-26 Total liabilitiesStart of year $1,434,581$1,424,274
X-27 Net assets without donor restrictionsStart of year $1,451,437$2,071,074
X-28 Net assets with donor restrictionsStart of year $63,289$72,359
X-32 Total net assets or fund balancesStart of year $1,514,726$2,143,433
X-33 Total liabilities and net assetsStart of year $2,949,307$3,567,707
Part XI · Reconciliation of net assets $2,143,433 net assets at year end
XI-1 Total revenue$2,497,090
XI-2 Total expenses$1,868,383
XI-3 Revenue less expenses$628,707
XI-4 Net assets at start of year$1,514,726
XI-10 Net assets at end of year$2,143,433

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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