Sacred Saving Agave For Culture Recreation Education And Developme
- Assets
- $68.4k
- Revenue
- $304.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 03/2017
- Data as of
- 06/2022
- EIN
- 81-5378765
Organization Overview
Sacred Saving Agave For Culture Recreation Education And Developme is located in Chicago, IL. The organization was established in 2017. According to its NTEE Classification (W12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sacred Saving Agave For Culture Recreation Education And Developme is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP IMPROVE LIVES IN RURAL MEXICAN COMMUNITIES WHERE HERITAGE AGAVE SPIRITS ARE MADE. THE COMPANY RAISES MONEY TO HELP UNDERWRITE PROGRAMS THAT HELP REPLANT AGAVE, BUILD LIBRAIRIES, ENSURE WATER SECURITY, AND REPAIR DAMAGE DONE BY EARTHQUAKES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SACRED HELPS IMPROVE QUALITY OF LIFE IN THE RURAL MEXICAN COMMUNITIES WHERE HERITAGE AGAVE SPIRITS ARE MADE. DURING FY2021, THE PROGRAMS THAT SACRED FUNDED OR IMPLEMENTED TOWARD THE FULFILLMENT OF THIS MISSION INCLUDED DISTRIBUTING MORE THAN 10,000 AGAVE SEEDLINGS TO FAMILIES IN OAXACA; PROVIDING FOOD TO FAMILIES IN OAXACA IMPACTED BY THE PANDEMIC; BUILDING A WELL IN MIAHUATLAN, OAXACA; BUILDING A RAIN-HARVEST SYSTEM IN SANTA MARIA IXCATLAN, OAXACA, AND BUILDING FOUR GREENHOUSES IN VARIOUS COMMUNITIES IN JALISCO. DURING THAT FISCAL YEAR, WE ALSO BEGAN BUILDING A COMMUNITY PLAZA IN RIO DE PARRAS, MICHOACAN; BEGAN BUILDING A LIBRARY IN ZAPOTITLAN DE VADILLO, JALISCO, AND BEGAN REBUILDING A FAMILY DISTILLERY IN ESPANICA, JALISCO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Salvador Arroyo Board Member | Trustee | 10 | $15,934 |
Lou Bank President | Officer | 30 | $0 |
Shelby Barnes Board Member | Trustee | 1 | $0 |
Jason Busch Board Member | Trustee | 1 | $0 |
Dr Izzy Naem Board Member | Trustee | 1 | $0 |
Connie Bank Board Member | Trustee | 1 | $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 | $304,030 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $304,030 |
| 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. | $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 | $1,103 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | -$24,765 |
| Advertising and promotion | $395 |
| Office expenses | $2,588 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,205 |
| Travel | $16,539 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $8 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $37 |
| All other expenses | $24,023 |
| Total functional expenses | $247,089 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $61,780 |
| 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 | $544 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,062 |
| Total assets | $68,386 |
| Accounts payable and accrued expenses | $0 |
| 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 | $1,535 |
| Total liabilities | $1,535 |
| Net assets without donor restrictions | $66,851 |
| 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 | $68,386 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sacred Saving Agave For Culture Recreation Education And Developme has recieved totaling $24.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $24 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Employees Community Fund Of The Boeing Company Chicago, IL | $8,996,932 | $6,145,371 |
National Credit Union Foundation Inc Madison, WI | $11,658,239 | $5,821,947 |
Iha Hospital Assistance Foundation Inc Indianapolis, IN | $561,665 | $2,833,766 |
Kids Cancer Alliance Inc Louisville, KY | $1,595,560 | $1,331,527 |
No Foot Too Small Coralville, IA | $442,866 | $707,607 |
This Able Veteran Carbondale, IL | $488,438 | $273,984 |
Stuff The Bus Of Southern Kentucky Foundation Inc Bowling Green, KY | $214,330 | $354,662 |
Nautical Donations Inc Chicago, IL | $109,535 | $0 |
Lake County Veterans And Family Services Foundation Grayslake, IL | $399,142 | $312,607 |
Sacred Saving Agave For Culture Recreation Education And Developme Chicago, IL | $68,386 | $304,030 |
Strides For Peace Inc Chicago, IL | $23,588 | $197,217 |
Friends Of The River-Kansas City Inc Kansas City, MO | $127,436 | $0 |