Society of Saint Andrew, Inc.
Fiscal Year
Fiscal Year Start
01/01/2023
Fiscal Year End
12/31/2023
Projected Revenue
$285,870.00
Projected Expenses
$305,870.00
Organizational Budgets and Other Documents
| 2023 SoSA TN Budget | 2023 |
| 2022 Budget | 2022 |
| 2021 Budget | 2021 |
| 2020 Budget | 2020 |
| 2019 Budget | 2019 |
| 2018 Budget | 2018 |
| 2017 Budget | 2017 |
| 2016 SoSA Budget | 2016 |
| 2016 Tennessee Budget | 2016 |
| Budget 2015 | 2015 |
IRS Letter of Exemption
| society of saint andrew, inc. irs ltr |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Revenue | $21,122,125.00 | $56,300,429.00 | $49,281,914.00 |
| Total Expenses | $20,620,864.00 | $54,818,830.00 | $47,034,175.00 |
| Revenue Less Expenses | $501,261.00 | $1,481,599.00 | $2,247,739.00 |
Revenue Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | $0.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $552,943.00 | $340,470.00 | $340,400.00 |
| Contributions, Gifts, and Grants | $2,734,564.00 | $3,555,899.00 | $3,106,774.00 |
| Indirect Public Support | $7,689.00 | $10,229.00 | $8,572.00 |
| Earned Revenue | $685,665.00 | $703,465.00 | $81,619.00 |
| Investment Income, Net of Losses | $163,016.00 | $89,525.00 | $-3,607.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $0.00 | $0.00 | $0.00 |
| Revenue In-Kind | $16,978,248.00 | $51,600,841.00 | $45,742,173.00 |
| Other | $0.00 | $0.00 | $5,983.00 |
Expense Allocation
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Program Expense | $19,410,148.00 | $53,824,134.00 | $46,096,944.00 |
| Administration Expense | $622,236.00 | $442,456.00 | $401,214.00 |
| Fundraising Expense | $588,480.00 | $552,240.00 | $536,017.00 |
| Total Revenue/Total Expenses | 102% | 103% | 105% |
| Program Expense/Total Expenses | 94% | 98% | 98% |
| Fundraising Expense/Contributed Revenue | 3% | 1% | 1% |
Top Funding Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Noncash Contributions $16,978,248.00 | Noncash Contributions $51,600,841.00 | Noncash Contributions $45,742,173.00 |
| Second Highest Funding Source & Dollar Amount | Contributions, Gifts, and Grants $2,734,564.00 | Contributions, Gifts, and Grants $3,555,899.00 | Contributions, Gifts, and Grants $3,106,774.00 |
| Third Highest Funding Source & Dollar Amount | Program Revenue $685,665.00 | Program Revenue $703,465.00 | Government Grants $340,400.00 |
Assets and Liabilities
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $6,276,921.00 | $6,033,589.00 | $4,379,386.00 |
| Current Assets | $1,622,348.00 | $1,571,743.00 | $1,405,833.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Current Liabilities | $170,433.00 | $157,823.00 | $203,216.00 |
| Total Net Assets | $6,106,488.00 | $5,875,766.00 | $4,176,170.00 |
Endowment Info
Do you have an endowment?
Yes
What is the value of the endowment?
$1,012,769.00
What is the spending policy for your endowment?
Income Only
Capital Campaign Info
Are you currently in a Capital Campaign?
Yes
Do you anticipate a campaign in the next 5 years?
Yes
What is the campaign goal?
$9,000,000.00
What is the purpose of the capital campaign?
$3 million is for short and medium term geographic expansion; $6 million is for long term stability and growth, through growing our endowment.
Campaign Start
May 2022
Campaign End
June 2025
Campaign Raised to Date Month
May
Campaign Raised to Date Year
2022
Campaign Raised to Date Amount
$2,850,000.00
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2024
Solicitations Permit
Form 990s
Audit Documents
| Audit Document | 2022 |
| 2021 Audit | 2021 |
| 2020 Audit | 2020 |
| 2019 Audit | 2019 |
| 2018 Audit | 2018 |
| 2017 Audit | 2017 |
| 2016 Audit | 2016 |
| 2015 Audit | 2015 |
| Society of St. Andrew, Inc 2014 Audit Report | 2014 |
| Society of St. Andrew, Inc. 2013 Audit | 2013 |
| Society of St. Andrew, Inc. 2012 Audit | 2012 |
| Society of St. Andrew, Inc. 2011 Audit | 2011 |
| Society of St. Andrew, Inc. 2010 Audit | 2010 |
| Society of St. Andrew, Inc. 2009 Audit | 2009 |
CEO/Executive Director/Board Comments
| Society of St. Andrew uses a carefully constructed funding mix that includes individuals, faith communities, and foundation and corporate grants. This funding mix has proven successful over 42 years in providing a sustainable source of income for current operations and program growth. |
Foundation Staff Comments
| Financial figures are taken from the NATIONAL 990. Audit also represents numbers from the NATIONAL organization rather than the local chapter only. Financials prepared by Davidson, Doyle & Hilton LLP. Comments provided by Nicole Rose 06/15/2023. |
