SAGUACHE WORKS INC

EIN: 454836872 501(c)(3) Community Improvement

SAGUACHE, CO

Total Revenue
$94,352
Total Expenses
$90,037
Total Assets
$144,117
Net Assets
$107,288
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
CO
Phone
7196550216
Tax Period
2021-01-01 to 2021-12-31

SAGUACHE WORKS INC, founded in 2013, is a micro nonprofit in the Community Improvement sector that reported $94K in total revenue in fiscal year 2021. Revenue surged 37% from the prior year, signaling strong growth momentum. Expenses of $90K left a modest 5% surplus.

Mission

To build a prosperous community through economic stimulation, job creation and training; to promote healthy lifestyles through exercise, healthy food, education and the creation of community.

Program Service Accomplishments

Program 1
Expenses: $31,426 Revenue: $28,846

ECONOMIC STIMULATION: Our building houses a Food Store, a Thrift Store and an Exercise Studio, as well as one business rental and two affordable apartments. These activities create jobs & commerce...

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ECONOMIC STIMULATION: Our building houses a Food Store, a Thrift Store and an Exercise Studio, as well as one business rental and two affordable apartments. These activities create jobs & commerce. The Welcome Center located within the Food Store sells local arts, crafts, and HomeGrown Totes, produced in prior years under the Fiber Initiative, are still marketed. Our two businesses, exercise studio and independently run cafe create a nexus for activity and commerce. Together with job creation, they help us build a vibrant community.

Program 2
Expenses: $0 Revenue: $0

EXERCISE: Although gathering was restricted during part of the pandemic, we were able to make our exercise studio available later in year. Free exercise and yoga classes were carried on and health...

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EXERCISE: Although gathering was restricted during part of the pandemic, we were able to make our exercise studio available later in year. Free exercise and yoga classes were carried on and health practitioners regularly use the space to offer services by reservation. Classes are taught. The space is available for community meetings by reservation.

Program 3
Expenses: $38,835 Revenue: $35,935

LOCAL HEALTHY FOODS: Through the Food Store, we met the needs of the community coming out of the pandemic. Adjusted inventory to accommodate special needs. Supported partnership with Valley Roots...

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LOCAL HEALTHY FOODS: Through the Food Store, we met the needs of the community coming out of the pandemic. Adjusted inventory to accommodate special needs. Supported partnership with Valley Roots Food Hub and local vendors for distribution of locally produced foods. Created jobs in retail stores. Accepted Food Stamps and executed Double Up Food Bucks Program to give-away produce. We offered 20% discounts to customers 60 and older. About 60% of our sales are subject to this discount or about 1,000 customer-sales/year.

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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 (2021)

Revenue Breakdown

Contributions & Grants $38,286
Program Service Revenue $1,325
Investment Income $0
Other Revenue $54,741
TOTAL REVENUE $94,352

Expense Breakdown

Grants Paid $0
Salaries & Benefits $41,659
Fundraising Expenses $2,453
Program Expenses $70,261
Other Expenses $45,925
TOTAL EXPENSES $90,037

Year-over-Year Comparison

2021 2020 Change
Revenue $94,352 $68,699 +0.4%
Expenses $90,037 $64,874 +0.4%
Net Income $4,315 $3,825 +0.1%
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
5
Independent Members
5
Employees
4
Volunteers
20

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
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dawn Anderson President 4.00
Officer Director
$0 $0 $0
Judith Page Vice President 25.00
Officer Director
$0 $0 $0
Genevieve James Secty-Treasurer 8.00
Officer Director
$0 $0 $0
Liza Marron Director 4.00
Director
$0 $0 $0
Sarah Krantz Director 4.00
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
2021 $94,352 $90,037 $144,117 $4,315
2020 $68,699 $64,874 $151,231 $3,825
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