Saranam Llc

Nonprofit profile at a glance

EIN
202036621
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Albuquerque, NM, USA
Phone
5052996154
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Temporary Housing

Reported finances

Revenue
$3,975,388
Expenses
$2,512,093
Assets
$15,449,140
Liabilities
$1,574,716

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

11 people listed

Highest reported compensation

  • TRACY WEAVER (EXECUTIVE DI): $176,206 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To empower families to end their homelessness and poverty through housing, education, and supportive communities.

What it reported doing in 2025

During 2025, saranam continued its mission of ending homelessness and poverty for families through housing, education, and supportive community. After 22 years of service, saranam remains committed to its two- generational approach, helping both parents and children build the skills, education, and stability necessary for long-term self-sufficiency. A significant milestone in 2025 was the expansion of services through the continued occupancy of the adc family campus. With the opening of the remaining residential units on the campus, saranam increased its capacity to serve 43 families simultaneously across its two campuses, representing 134 individuals, including 45 parents and 89 children. This expansion more than doubled the organization's long-term service capacity and marked a major step forward in meeting the growing need for family housing and educational support in albuquerque. Throughout the year, saranam welcomed 20 new families into the program and celebrated the successful graduation of 9 out of 10 families exiting the program. Since its founding in 2004, saranam has served 211 families and continues to demonstrate strong outcomes, with 77% of participating families successfully exiting into safe, stable, and permanent housing while achieving multiple measures of self-sufficiency. Education remains a cornerstone of saranam's model. In 2025, 22 participants were enrolled in post-secondary education and training programs. Program participants achieved a range of educational milestones, including ged completion, professional certifications in healthcare and skilled trades, an associate degree in nursing, and professional licensure in both nursing and welding. These accomplishments continue to demonstrate the effectiveness of saranam's emphasis on education as a pathway out of poverty. Saranam also strengthened its commitment to long-term family stability through its alumni programming. The organization maintained relationships with 97 alumni families and continued investing in asset-building opportunities. During 2025, ten alumni participated in individual development accounts with matched savings opportunities, while 87 children benefited from child savings accounts dedicated to future post-secondary education. Long-term outcome data remains encouraging, with 76% of former participant families still connected to saranam and 87% of successful graduates remaining stable one year or more after program completion. Community engagement remained a vital component of organizational success. During 2025, 1,879 volunteers contributed 9,718 hours of service, supporting programming, campus operations, family activities, and community-building efforts. Saranam continued to invest in organizational effectiveness and evaluation. In partnership with the university of New Mexico evaluation lab, the organization completed its sixth year of evaluation work, advancing the development and validation of a new survey tool designed to measure community connectedness, resilience, housing stability, and economic well- being before and after participation in the program. This work strengthens saranam's ability to measure impact, guide future growth, and support replication of its model. The organization's impact extends beyond individual families to the broader community. Based on prior economic analysis, the annual public cost of family homelessness significantly exceeds the cost of providing comprehensive services through saranam. By serving 43 families in 2025, saranam generated an estimated community cost savings of more than 2.3 million while helping families achieve lasting stability and economic mobility. Overall, 2025 was a year of significant growth, expanded capacity, strong family outcomes, educational achievement, and continued investment in long-term organizational effectiveness. These accomplishments position saranam to serve more families, deepen its impact, and advance its mission of ending homelessness and poverty for future ge

Operating model

Revenue model
Donor-supported. 64% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 76
  • Accountability: 100
  • Sustainability: 76
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 54.2%; rating input score 54
  • Program expense ratio: 85%; rating input score 85
  • Fundraising efficiency: $19.21 raised per $1 spent on fundraising; rating input score 58; 58th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 18th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 36.8%; rating input score 85; 85th percentile among comparable filings
  • Total-asset coverage ratio: 6.15; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: 0.1; rating input score 48; 48th percentile among comparable filings
  • Officer compensation ratio: 7%; rating input score 45; 45th percentile among comparable filings

Growth

  • Program expense growth: 14.2% per year; rating input score 100; 73rd percentile among comparable filings
  • Revenue growth: 17% per year; rating input score 100; 83rd percentile among comparable filings
  • Asset growth: 25.3% per year; rating input score 100; 90th percentile among comparable filings

Details

  • Where the money goes: 54.2% of revenue deployed · 85% of spending went to programs
  • Governance: 14 of 14 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $2.1M in reported program spending
  • Leadership: top reported pay $176K · 11 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 31 of 32 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 16 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Mission deployment rate scored 54/100.
  • Review — Financial Efficiency: Fundraising efficiency scored 58/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Moderate — Sustainability: Officer compensation ratio scored 45/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 48/100.