Safy Holding Company Inc
- Assets
- $754.0k
- Revenue
- $265.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Delphos, OH
- Founding
- 06/1990
- Data as of
- 12/2022
- EIN
- 34-1600253
Organization Overview
Safy Holding Company Inc, operating under the name Specialized Alternatives For Families & Youth Holding Company Inc, is located in Delphos, OH. The organization was established in 1990. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Specialized Alternatives For Families & Youth Holding Company Inc is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 12/2022, Specialized Alternatives For Families & Youth Holding Company Inc generated $265.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (16.6%) each year. All expenses for the organization totaled $236.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (18.8%) per year over the past 6 years. 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 CREATE THRIVING FAMILIES AND COMMUNITIES WHERE EVERY INDIVIDUAL CAN REACH THEIR FULL POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SAFY HOLDING COMPANY PROVIDES SUPPORT FOR THE FOSTER CARE OF YOUTH. SAFY PROVIDES THERAPEUTIC/TREATMENT FOSTER CARE TO CHILDREN WHO EXERIENCE MAJOR TRAUMA AND ARE REMOVED FROM FAMILY VIA COURT ACTION. SAFY RECRUITS AND TRAINS FOSTER PARENTS TO PROVIDE SAFE AND STABLE ENVIRONMENTS WHILE ADDRESSING THE EMOTIONAL AND BEHAVIORAL NEEDS OF THE CHILD AND MAKE POSITIVE CHANGES IN THEIR LIVES. OUR OVERALL GOAL IS TO ASSIST CHILDREN ACHIEVE PERMANCY. SAFY HOLDING COMPANY HOLDS BUILDINGS AND ASSETS FOR ALL SAFY COMPANIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Matt President & CEO | Officer | 0.5 | $0 |
Nate Leonhard Treasurer | Officer | 0.5 | $0 |
Tonya Brooks-Thomas Vice President (enter 1/22) | Officer | 0.5 | $0 |
Veronica Farris Secretary (exit 8/22) | Officer | 0.5 | $0 |
Amanda Donnelly Secretary (enter 8/22) | Officer | 0.5 | $0 |
Charmaine Brittain Board Member | Trustee | 0.2 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $264,721 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $500 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $265,221 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $75,590 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $37,819 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $110,983 |
| Insurance | $10,302 |
| All other expenses | $0 |
| Total functional expenses | $236,894 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,504 |
| Net Land, buildings, and equipment | $752,504 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $754,008 |
| Accounts payable and accrued expenses | $900 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $900 |
| Net assets without donor restrictions | $753,108 |
| Net assets with donor restrictions | $0 |
| 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 | $754,008 |