The Sat Foundation

Nonprofit profile at a glance

EIN
853836815
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024, Form 990-N 2022
Location
Reno, NV, USA
Phone
5733689172
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Philanthropy, Charity, Voluntarism Promotion

Reported finances

Revenue
$112,972
Expenses
$42,239
Assets
$116,319

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • BRIDGET SNAPP (PRESIDENT)

People named in this filing

  • BRIDGET SNAPP (PRESIDENT)
  • CHARLOTTE SEKHON (TREASURER)
  • SARVE LORESTANI (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Dedicated to bringing spiritual upliftment and community services to those in need.

What it reported doing in 2024

Community outreach and financial support - partnered with several local organizations (reno posse, washoe county human services agency: senior services division, st. Francis of assisi food pantry, st. Vincent's food pantry, veteran's guest house, our place, the village at sage street, ronald mcdonald house, children's cabinet, etc.) to serve those in need. Provided donation to local citizens in the form of cooked food/meals, dry goods, non-perishables, hygiene items and needed supplies. In addition provided financial support to help individuals pay their rent and bills, and purchased clothing and supplies as well as provided companionship and hope.

Operating model

Revenue model
Donor-supported. 100% 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

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 39
  • Transparency & Controls: 100
  • Sustainability: 78
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 24.2%; rating input score 24
  • Program expense ratio: 64.6%; rating input score 65

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 62.6%; rating input score 96; 96th percentile among comparable filings
  • Total-asset coverage ratio: 2.75; rating input score 88; 88th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: -61.2% per year; rating input score 0; 4th percentile among comparable filings
  • Revenue growth: 35% per year; rating input score 100; 92nd percentile among comparable filings
  • Asset growth: 87.4% per year; rating input score 100; 98th percentile among comparable filings

Details

  • Where the money goes: 24.2% of revenue deployed · 64.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $27K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • 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: Mission deployment rate scored 24/100.
  • High — Growth: Program expense growth scored 0/100.