Secured Alliance
Nonprofit profile at a glance
- EIN
- 824760735
- IRS 990 coverage
- 2018–2024
- Forms available
- Form 990 2024
- Location
- Phoenix, AZ, USA
- Phone
- 4803879875
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Developmentally Disabled Centers
Reported finances
- Revenue
- $4,862,794
- Expenses
- $4,752,504
- Assets
- $3,727,457
- Liabilities
- $2,854,378
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- NATHAN C SCHNACKENBERG (CEO)
Highest reported compensation
- NATHAN C SCHNACKENBERG (CEO): $239,788 total reported compensation
- CHARNISE M MOTHERSHED (COO): $160,887 total reported compensation
- BENJAMIN K RUMNEY (CFO): $154,122 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide strategic leadership, infrastructure and office support for affiliate organization.
What it reported doing in 2024
To provide supporting services to affiliates and streamline service delivery of affiliate organizations to maximize community impact.
Operating model
- Revenue model
- Earned-program. 98% of the money available for current operations came from fees and other program revenue.
- 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 64
- Transparency & Controls: 66
- Accountability: 91
- Sustainability: 31
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 71.4%; rating input score 71
- Program expense ratio: 74.5%; rating input score 74
- Fundraising efficiency: $0 raised per $1 spent on fundraising; rating input score 0; 0th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 2.3%; rating input score 42; 42nd percentile among comparable filings
- Total-asset coverage ratio: 0.78; rating input score 29; 29th percentile among comparable filings
- Liabilities to assets ratio: 0.77; rating input score 11; 11th percentile among comparable filings
- Officer compensation ratio: 24.4%; rating input score 9; 9th percentile among comparable filings
Growth
- Program expense growth: 3.2% per year; rating input score 100; 29th percentile among comparable filings
- Revenue growth: 3.5% per year; rating input score 100; 30th percentile among comparable filings
- Asset growth: 18.7% per year; rating input score 100; 82nd percentile among comparable filings
Details
- Where the money goes: 71.4% of revenue deployed · 74.5% of spending went to programs
- Governance: 8 of 8 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $3.5M in reported program spending
- Leadership: top reported pay $240K · 15 people listed · 1 of 6 pay-setting controls reported
- Highest-paid contractors: 3 contractors listed · $2.9M reported
- Consistency: 31 of 31 current checks pass
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 6 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: 8 filed money-flow records
- Related organizations: 5 filed related-organization links
- 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.
- High — Financial Efficiency: Fundraising efficiency scored 0/100.
- Moderate — Sustainability: Operating margin scored 42/100.
- High — Sustainability: Total-asset coverage ratio scored 29/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Officer compensation ratio scored 9/100.
- High — Sustainability: Liabilities to assets ratio scored 11/100.