Satori Inc
- Assets
- $3.5m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 48
- Location
- Tucson, AZ
- Founding
- 08/1989
- Data as of
- 06/2023
- EIN
- 86-0614033
Organization Overview
Satori Inc is located in Tucson, AZ. The organization was established in 1989. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 06/2023, Satori Inc employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Satori 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 06/2023, Satori Inc generated $1.9m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $1.9m during the year ending 06/2023. While expenses have increased by 1.0% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PRIMARY EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL PROVIDES AN ADDITIONAL EDUCATIONAL ALTERNATIVE FOR PARENTS AND STUDENTS IN THE SURROUNDING COMMUNITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Stoddard Director | Trustee | 40 | $27,495 |
Karen Kimball Secretary | OfficerTrustee | 40 | $21,083 |
Amy Petersmarck President | OfficerTrustee | 2 | $0 |
Maggie Mckiernan Director | Trustee | 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 | $31,446 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,446 |
| Total Program Service Revenue | $1,831,499 |
| 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 | $37,073 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,900,018 |
| 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. | $53,356 |
| Compensation of current officers, directors, key employees. | $10,617 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,033,628 |
| Pension plan accruals and contributions | $17,709 |
| Other employee benefits | $74,126 |
| Payroll taxes | $69,278 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,250 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $98,525 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $60,676 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $124,732 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,895,142 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,283,681 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $49,591 |
| Accounts receivable, net | $52,958 |
| 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 | $0 |
| Net Land, buildings, and equipment | $2,079,084 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,465,314 |
| Accounts payable and accrued expenses | $9,415 |
| 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 | $1,147,933 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $159,757 |
| Total liabilities | $1,317,105 |
| Net assets without donor restrictions | $2,047,444 |
| Net assets with donor restrictions | $100,765 |
| 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 | $3,465,314 |