SARANAM LLC

EIN: 202036621 501(c)(3) Housing & Shelter

ALBUQUERQUE, NM

Total Revenue
$3,975,388
Total Expenses
$2,512,093
Total Assets
$15,449,140
Net Assets
$13,874,424
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
NM
Principal Officer
TRACY WEAVER
Phone
5052996154
Tax Period
2025-01-01 to 2025-12-31

SARANAM LLC, founded in 2004, is a community nonprofit in the Housing & Shelter sector that reported $4.0M in total revenue in fiscal year 2025. Revenue decreased 16% compared to the prior year. The organization ran a surplus of $1.5M, a strong 37% operating margin.

Mission

TO EMPOWER FAMILIES TO END THEIR HOMELESSNESS AND POVERTY THROUGH HOUSING, EDUCATION, AND SUPPORTIVE COMMUNITIES.

Program Service Accomplishments

Program 1
Expenses: $2,134,677

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...

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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 GENERATIONS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $3,928,511
Program Service Revenue $0
Investment Income $46,877
Other Revenue $0
TOTAL REVENUE $3,975,388

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,240,884
Fundraising Expenses $204,539
Program Expenses $2,134,677
Other Expenses $1,271,209
TOTAL EXPENSES $2,512,093

Year-over-Year Comparison

2025 2024 Change
Revenue $3,975,388 $4,757,069 -0.2%
Expenses $2,512,093 $2,076,506 +0.2%
Net Income $1,463,295 $2,680,563 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
14
Independent Members
14
Employees
22
Volunteers
1879

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$176,206
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTINE LONG CHAIR 2.00
Officer Director
$0 $0 $0
MARY ELLEN COON VICE CHAIR 2.00
Officer Director
$0 $0 $0
AARON THOMPSON SECRETARY 2.00
Officer Director
$0 $0 $0
LOUIS GRIEGO DIRECTOR 2.00
Director
$0 $0 $0
DAN LYONS DIRECTOR 2.00
Director
$0 $0 $0
JANIE ROWE DIRECTOR 2.00
Director
$0 $0 $0
LINDA WEIL DIRECTOR 2.00
Director
$0 $0 $0
WALTER STERN DIRECTOR 2.00
Director
$0 $0 $0
CHARLOTTE SCHOENMANN DIRECTOR 2.00
Director
$0 $0 $0
TRACY WEAVER EXECUTIVE DI 40.00
Officer
$176,206 $0 $176,206
TESIA RHODES DIRECTOR 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $3,975,388 $2,512,093 $15,449,140 $1,463,295
2024 $4,757,069 $2,076,506 $12,785,140 $2,680,563
2023 $2,744,630 $1,811,454 $9,703,172 $933,176
2022 $2,661,620 $1,364,064 $8,474,638 $1,297,556
2021 $6,220,441 $1,264,748 $7,396,865 $4,955,693
2020 $1,541,479 $1,050,113 $1,696,264 $491,366
2019 $1,243,904 $889,186 $1,014,174 $354,718
2018 $934,013 $693,680 $650,856 $240,333
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