Secured Alliance Inc
- Assets
- $1.6m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 37
- Location
- Phoenix, AZ
- Founding
- 08/2019
- Data as of
- 12/2021
- EIN
- 82-4760735
Organization Overview
Secured Alliance Inc is located in Phoenix, AZ. The organization was established in 2019. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 12/2021, Secured Alliance Inc employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Secured Alliance 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 12/2021, Secured Alliance Inc generated $4.6m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $3.7m during the year ending 12/2021. While expenses have increased by 7.2% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROFESSIONAL SUPPORT FOR CONSERVATORSHIP, GUARDIANSHIP, AND TRUSTEESHIP SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SUPPORTING SERVICES TO AFFILIATES AND STREAMLINE SERVICE DELIVERY OF AFFILIATE ORGANIZATIONS TO MAXIMIZE COMMUNITY IMPACT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Avramis CEO & Board Member | OfficerTrustee | 40 | $184,288 |
Joanne Brasberger CFO & Board Member | OfficerTrustee | 40 | $111,905 |
Charnise Mothershed COO | Officer | 40 | $91,385 |
Nathan Schnackenberg CEO | Officer | 40 | $75,385 |
David Johnson Chairman | OfficerTrustee | 3 | $0 |
Trevor Patterson Board Member | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $670,227 |
| 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 | $670,227 |
| Total Program Service Revenue | $3,877,031 |
| Investment income | $6,386 |
| 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 | $4,553,644 |
| 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. | $426,228 |
| Compensation of current officers, directors, key employees. | $55,410 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,924,319 |
| Pension plan accruals and contributions | $23,267 |
| Other employee benefits | $271,253 |
| Payroll taxes | $172,189 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $23,640 |
| Fees for services: Accounting | $5,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $73,693 |
| Advertising and promotion | $26,558 |
| Office expenses | $69,099 |
| Information technology | $89,129 |
| Royalties | $0 |
| Occupancy | $195,742 |
| Travel | $65,482 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,608 |
| Interest | $13,686 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $32,986 |
| Insurance | $32,719 |
| All other expenses | $0 |
| Total functional expenses | $3,700,142 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,291 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,379,247 |
| 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 | $38,118 |
| Net Land, buildings, and equipment | $102,746 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,583,402 |
| Accounts payable and accrued expenses | $226,489 |
| 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 | $47,440 |
| Total liabilities | $273,929 |
| Net assets without donor restrictions | $1,309,473 |
| 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 | $1,583,402 |
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