PLATINUM2024

SHELTERS OF SARATOGA INC

Hope Lives Here

aka Code Blue Saratoga   |   Saratoga Spgs, NY   |  www.sheltersofsaratoga.org
GuideStar Charity Check

SHELTERS OF SARATOGA INC

EIN: 14-1758441


Mission

Shelters of Saratoga’s mission is to transform the lives of our neighbors facing homelessness with supportive services, safe and accessible shelter, and a path to independence.

Ruling year info

1994

Executive Director

Duane J. Vaughn

Associate Executive Director

Stephanie Romeo

Main address

Po Box 3089

Saratoga Spgs, NY 12866 USA

Show more contact info

EIN

14-1758441

Subject area info

Homeless shelters

Population served info

Economically disadvantaged people

Homeless people

NTEE code info

Temporary Shelter For the Homeless (L41)

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Shelters of Saratoga is a Saratoga County based human services agency that works with adults and families facing homelessness. Our shelter program provides supportive services and housing navigation, which enable people to gain self-sufficiency. Our core programs include Street Outreach, Emergency Shelter, Code Blue Winter Shelter, and Supportive Housing.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Outreach

The outreach program provides basic necessities such as food, clothing and personal care items to individuals living in encampments.

Population(s) Served
Homeless people
Economically disadvantaged people

The case managed shelter accommodates up to 33 adult individuals with safe shelter, support services and basic necessities in order to guide them to a path of self-sufficiency.

Population(s) Served
Homeless people
Economically disadvantaged people

Code Blue is the temporary weather dependent shelter that operates from November until April when the temperature falls below freezing.

Population(s) Served
Homeless people
Economically disadvantaged people

The 11 unit supportive housing program provides affordable housing with wrap-around services to graduates of our shelter programs.

Population(s) Served
Low-income people
Homeless people

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of people no longer living in unsafe or substandard housing as a result of the nonprofit's efforts

This metric is no longer tracked.
Totals By Year
Related Program

Case Managed Shelter

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Number of homeless participants engaged in housing services

This metric is no longer tracked.
Totals By Year
Related Program

Case Managed Shelter

Type of Metric

Context - describing the issue we work on

Direction of Success

Decreasing

Number of service recipients who are employed

This metric is no longer tracked.
Totals By Year
Related Program

Case Managed Shelter

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Number of homeless participants engaged in mental health services

This metric is no longer tracked.
Totals By Year
Related Program

Case Managed Shelter

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Our organization's goal is to reduce area homelessness by providing supportive services, safe shelter, and housing navigation.

By reducing the number of days from admission to housing, our 23 bed shelter is able to serve an average of 125 individuals each year.

We have been serving the Saratoga area for over 30 years. Our shelter programs offer a therapeutic space where individuals work on their varying needs, alongside a case manager.

In 2022, we moved 62 individuals out of homelessness into safe and sustainable housing.

Financials

SHELTERS OF SARATOGA INC
Fiscal year: Jul 01 - Jun 30

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2023 info

SOURCE: IRS Form 990

7.34

Average of 3.16 over 10 years

Months of cash in 2023 info

SOURCE: IRS Form 990

7

Average of 5.3 over 10 years

Fringe rate in 2023 info

SOURCE: IRS Form 990

14%

Average of 15% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

SHELTERS OF SARATOGA INC

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

SHELTERS OF SARATOGA INC

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

SHELTERS OF SARATOGA INC

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

This snapshot of SHELTERS OF SARATOGA INC’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2019 2020 2021 2022 2023
Unrestricted surplus (deficit) before depreciation $42,530 -$75,392 $1,258,319 $773,944 $195,258
As % of expenses 3.8% -4.9% 90.1% 46.6% 12.8%
Unrestricted surplus (deficit) after depreciation -$15,913 -$144,471 $1,154,826 $697,983 $117,741
As % of expenses -1.4% -9.0% 76.9% 40.2% 7.3%
Revenue composition info
Total revenue (unrestricted & restricted) $1,188,131 $1,648,941 $2,791,382 $2,447,400 $1,741,288
Total revenue, % change over prior year 8.1% 38.8% 69.3% -12.3% -28.9%
Program services revenue 0.0% 0.0% 0.0% 0.0% 1.1%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.0% 0.1% 0.7% 1.7%
Government grants 40.5% 33.1% 51.9% 49.5% 53.7%
All other grants and contributions 31.8% 50.1% 42.5% 42.6% 27.7%
Other revenue 27.7% 16.8% 5.5% 7.3% 15.9%
Expense composition info
Total expenses before depreciation $1,112,004 $1,540,035 $1,397,321 $1,659,276 $1,526,584
Total expenses, % change over prior year 3.7% 38.5% -9.3% 18.7% -8.0%
Personnel 75.5% 62.0% 72.7% 75.5% 74.3%
Professional fees 0.0% 0.0% 0.1% 0.4% 0.5%
Occupancy 2.4% 1.9% 2.3% 2.6% 3.1%
Interest 1.5% 1.4% 2.5% 0.4% 0.4%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 20.6% 34.7% 22.4% 21.1% 21.7%
Full cost components (estimated) info 2019 2020 2021 2022 2023
Total expenses (after depreciation) $1,170,447 $1,609,114 $1,500,814 $1,735,237 $1,604,101
One month of savings $92,667 $128,336 $116,443 $138,273 $127,215
Debt principal payment $13,209 $0 $777,530 $160,586 $8,078
Fixed asset additions $0 $684,985 $0 $101,446 $226,628
Total full costs (estimated) $1,276,323 $2,422,435 $2,394,787 $2,135,542 $1,966,022

Capital structure indicators

Liquidity info 2019 2020 2021 2022 2023
Months of cash 6.2 6.3 6.8 6.7 7.0
Months of cash and investments 6.2 6.3 12.2 12.9 14.2
Months of estimated liquid unrestricted net assets 4.9 4.0 8.0 10.4 11.0
Balance sheet composition info 2019 2020 2021 2022 2023
Cash $570,748 $814,491 $792,201 $925,313 $886,575
Investments $0 $0 $630,998 $856,375 $923,662
Receivables $112,695 $140,667 $73,117 $138,619 $253,587
Gross land, buildings, equipment (LBE) $1,648,970 $2,333,955 $2,394,394 $2,495,841 $2,722,469
Accumulated depreciation (as a % of LBE) 50.9% 38.9% 42.2% 43.6% 42.8%
Liabilities (as a % of assets) 20.4% 48.2% 11.9% 5.2% 7.7%
Unrestricted net assets $1,018,459 $873,988 $2,028,814 $2,726,797 $2,844,538
Temporarily restricted net assets $187,333 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $187,333 $371,631 $540,383 $439,071 $521,899
Total net assets $1,205,792 $1,245,619 $2,569,197 $3,165,868 $3,366,437

Key data checks

Key data checks info 2019 2020 2021 2022 2023
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

Executive Director

Duane J. Vaughn

Associate Executive Director

Stephanie Romeo

Number of employees

Source: IRS Form 990

SHELTERS OF SARATOGA INC

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

SHELTERS OF SARATOGA INC

Board of directors
as of 01/22/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board co-chair

Kathy McNeice

Community Health Center


Board co-chair

Emily Mastrianni

White, Osterman, and Hanna

Lisa Mitzen

Kenneth Hay

Norah Brennan

Beth Payer

Richard Higgins

Richard Kline

Peter Hopper

Rosemary Ratcliff

Andy Ferrara

Beverly Lawson

Eric Lawson

Organizational demographics

SOURCE: Self-reported; last updated 1/22/2024

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

The organization's co-leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

No data

Disability

No data