Sweetwater Spectrum Inc
- Assets
- $10.1m
- Revenue
- $1.4m
- Investments
- $263.8k
- Employees
- 4
- Location
- Sonoma, CA
- Founding
- 09/2009
- Data as of
- 06/2022
- EIN
- 27-0184641
Organization Overview
Sweetwater Spectrum Inc is located in Sonoma, CA. The organization was established in 2009. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 06/2022, Sweetwater Spectrum Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sweetwater Spectrum Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Sweetwater Spectrum Inc generated $1.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $1.2m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ADULTS WITH AUTISM, OR OTHER INTELLECTUAL / DEVELOPMENTAL DISABILITIES, INNOVATIVE, COMMUNITY-BASED, LONG-TERM HOUSING THAT OFFERS INDIVIDUALS CHOICE AND CHALLENGES EACH INDIVIDUAL TO REACH HIS OR HER HIGHEST POTENTIAL, AS WELL AS TO ASSIST OTHER COMMUNITIES BUILD SPECIAL NEEDS HOUSING NATIONWIDE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SWEETWATER SPECTRUM IS A SECTION 501(C)(3) NONPROFIT PUBLIC BENEFIT CORPORATION FORMED FOR THE PURPOSE OF CREATING AN INNOVATIVE, COMMUNITY BASED, LONG TERM HOUSING SOLUTION FOR ADULTS WITH AUTISM OR SIMILAR INTELLECTUAL OR DEVELOPMENTAL DISABILITIES THAT OFFERS INDIVIDUAL CHOICE AND CHALLENGES EACH INDIVIDUAL TO REACH THEIR HIGHEST POTENTIAL. OUR FIRST SUCH COMMUNITY WAS OPENED IN THE TOWN OF SONOMA IN 2013 AND IS CURRENTLY AT FULL CAPACITY. THIS MODEL INCLUDES AN ENRICHMENT PROGRAM INTENDED TO FOSTER BOTH INDIVIDUAL CHOICE AND COMMUNITY ENGAGEMENT TO PROVIDE A "LIFE WITH PURPOSE" FOR RESIDENTS. AS PART OF THIS COMMUNITY INTEGRATION EFFORT, WE ALSO OPERATE A ONE ACRE FARM, LOCATED RIGHT ON OUR CAMPUS, AND ONE WAY WE "GIVE BACK" TO OUR COMMUNITY IS BY DONATING SOME OF OUR PRODUCE TO THOSE IN NEED. A KEY PART OF OUR MISSION IS TO PROVIDE ADVICE AND ASSISTANCE TO OTHERS SEEKING CREATIVE SOLUTIONS TO THE INCREASINGLY PRESSING NEED FOR LONG TERM HOUSING FOR THIS CHALLENGED POPULATION. IN 2023, SWEETWATER WILL BE BUILDING ADDITIONAL RESIDENCES ON CAMPUS, WHICH WILL EXPAND CAPACITY TO 20.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Schoenbach Director | Trustee | 0.5 | $0 |
Patty Jackson President | OfficerTrustee | 2.5 | $0 |
Paul Cleveland Director | Trustee | 0.5 | $0 |
Ken Cheitlin Director | Trustee | 0.5 | $0 |
Andy Pease Secretary | OfficerTrustee | 0.5 | $0 |
Debbie Levy Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $768,437 |
| Noncash contributions included in lines 1a–1f | $1,545 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $768,437 |
| Total Program Service Revenue | $663,284 |
| Investment income | $8,678 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$7,060 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,433,339 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $145,027 |
| Compensation of current officers, directors, key employees. | $13,053 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $120,481 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $38,871 |
| Payroll taxes | $21,757 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $440 |
| Fees for services: Accounting | $32,004 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,573 |
| Advertising and promotion | $6,124 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $626 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $10,994 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $304,689 |
| Insurance | $43,634 |
| All other expenses | $107,812 |
| Total functional expenses | $1,192,245 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,048,961 |
| Savings and temporary cash investments | $113,025 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,056 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $310 |
| Prepaid expenses and deferred charges | $22,405 |
| Net Land, buildings, and equipment | $7,607,580 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $263,790 |
| Investments—program-related | $0 |
| Intangible assets | $2,016 |
| Other assets | $0 |
| Total assets | $10,059,143 |
| Accounts payable and accrued expenses | $60,814 |
| Grants payable | $0 |
| Deferred revenue | $12,079 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $42,842 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $11,050 |
| Total liabilities | $126,785 |
| Net assets without donor restrictions | $8,240,531 |
| Net assets with donor restrictions | $1,691,827 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,059,143 |