Saratoga Institute Inc
Nonprofit profile at a glance
- EIN
- 141664693
- IRS 990 coverage
- 2017–2025
- Forms available
- Form 990 2025, Form 990-EZ 2016
- Location
- Saratoga Springs, NY, USA
- Phone
- 5185876433
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community Improvement, Capacity Building N.E.C.
Reported finances
- Revenue
- $131,948
- Expenses
- $237,886
- Assets
- $194,536
- Liabilities
- $8,126
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- DAVID ROBERTS (PRESIDENT)
People named in this filing
- GEOFF BORNEMAN (DIRECTOR)
- BARBARA GLASER (DIRECTOR)
- JERRY LUHN (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The exempt purpose of the organization is to provide a wide variety of educational materials/experiences to the general public in the form of written materials, community forums, workshops/conferences, and/or presentations. Grants are awarded to indiviuals and/or organizations whose publications, research, or presentations will provide educational products or services to/for the general public. Grant applicants must submit written proposals to the board of directors.
What it reported doing in 2025
Ace(upstate alliance for the creative economy)ace is working with cross- sector, geographically diverse individuals, private and public organizations, nonprofits, and community leadership to develop and implement programs that benefit the people, places, and creativity of the greater capital region.
Operating model
- Revenue model
- Donor-supported. 85% 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.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 92
- Accountability: 76
- Sustainability: 23
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 97.7%; rating input score 98
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- 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; 64th percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -80.3%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 0.82; rating input score 36; 36th percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 29; 29th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings
Growth
- Program expense growth: 4.8% per year; rating input score 100; 50th percentile among comparable filings
- Revenue growth: 8.9% per year; rating input score 100; 65th percentile among comparable filings
- Asset growth: 7.1% per year; rating input score 100; 53rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 97.7% of spending went to programs
- Governance: 9 of 9 board members independent · 3 of 7 filing controls reported
- Programs: 4 filed program accomplishments · $232K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 15 of 15 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 8 filing years from 2017 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- High — Sustainability: Operating margin scored 2/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
- High — Sustainability: Liabilities to assets ratio scored 29/100.