SHELTERS OF SARATOGA INC
EIN: 14-1758441
as of December 2022
as of December 12, 2022
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
1994
Executive Director
Duane J. Vaughn
Associate Executive Director
Stephanie Romeo
Main address
Po Box 3089
Saratoga Spgs, NY 12866 USA
EIN
14-1758441
Homeless shelters
Population served
Economically disadvantaged people
Homeless people
NTEE code
Temporary Shelter For the Homeless (L41)
IRS subsection
501(c)(3) Public Charity
IRS filing requirement
This organization is required to file an IRS Form 990 or 990-EZ.
Tax forms
Communication
Programs and results
What we aim to solve
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
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.
Case Managed Shelter
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.
Code Blue Shelter
Code Blue is the temporary weather dependent shelter that operates from November until April when the temperature falls below freezing.
Supportive Housing
The 11 unit supportive housing program provides affordable housing with wrap-around services to graduates of our shelter programs.
Where we work
External reviews
Our results
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
Learn more about Sustainable Development Goals.
Goals & Strategy
Learn about the organization's key goals, strategies, capabilities, and progress.
Charting impact
Four powerful questions that require reflection about what really matters - results.
What is the organization aiming to accomplish?
Our organization's goal is to reduce area homelessness by providing supportive services, safe shelter, and housing navigation.
What are the organization's key strategies for making this happen?
By reducing the number of days from admission to shelter into housing, our 23 bed shelter is able to serve an average of 125 individuals each year.
What are the organization's capabilities for doing this?
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.
What have they accomplished so far and what's next?
In 2022, we moved 62 individuals out of homelessness into safe and sustainable housing.
Financials
Financial documents
Download audited financialsRevenue vs. expenses: breakdown
Liquidity in 2020 info
0.82
Months of cash in 2020 info
6.3
Fringe rate in 2020 info
15%
Funding sources info
Assets & liabilities info
SHELTERS OF SARATOGA INC
Revenue & expensesFiscal Year: Jul 01 - Jun 30
SOURCE: IRS Form 990
SHELTERS OF SARATOGA INC
Balance sheetFiscal Year: Jul 01 - Jun 30
SOURCE: IRS Form 990
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: Jul 01 - Jun 30
SOURCE: IRS Form 990
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.
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Business model indicators
| Profitability info | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|
| Unrestricted surplus (deficit) before depreciation | -$8,362 | $387,480 | $60,403 | $42,530 | -$75,392 |
| As % of expenses | -1.0% | 42.8% | 5.6% | 3.8% | -4.9% |
| Unrestricted surplus (deficit) after depreciation | -$65,328 | $334,051 | $9,617 | -$15,913 | -$144,471 |
| As % of expenses | -7.5% | 34.8% | 0.9% | -1.4% | -9.0% |
| Revenue composition info | |||||
|---|---|---|---|---|---|
| Total revenue (unrestricted & restricted) | $922,325 | $1,168,009 | $1,098,739 | $1,188,131 | $1,648,941 |
| Total revenue, % change over prior year | 0.0% | 26.6% | -5.9% | 8.1% | 38.8% |
| Program services revenue | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Membership dues | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Investment income | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Government grants | 20.8% | 20.4% | 30.7% | 40.5% | 33.1% |
| All other grants and contributions | 42.6% | 42.4% | 34.4% | 31.8% | 50.1% |
| Other revenue | 36.5% | 37.1% | 34.8% | 27.7% | 16.8% |
| Expense composition info | |||||
|---|---|---|---|---|---|
| Total expenses before depreciation | $813,387 | $905,221 | $1,072,380 | $1,112,004 | $1,540,035 |
| Total expenses, % change over prior year | 0.0% | 11.3% | 18.5% | 3.7% | 38.5% |
| Personnel | 68.5% | 67.4% | 69.3% | 75.5% | 62.0% |
| Professional fees | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Occupancy | 3.3% | 2.8% | 2.4% | 2.4% | 1.9% |
| Interest | 1.7% | 1.5% | 1.3% | 1.5% | 1.4% |
| Pass-through | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| All other expenses | 26.6% | 28.3% | 27.0% | 20.6% | 34.7% |
| Full cost components (estimated) info | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|
| Total expenses (after depreciation) | $870,353 | $958,650 | $1,123,166 | $1,170,447 | $1,609,114 |
| One month of savings | $67,782 | $75,435 | $89,365 | $92,667 | $128,336 |
| Debt principal payment | $12,294 | $12,302 | $13,001 | $13,209 | $0 |
| Fixed asset additions | $0 | $84,728 | $0 | $0 | $684,985 |
| Total full costs (estimated) | $950,429 | $1,131,115 | $1,225,532 | $1,276,323 | $2,422,435 |
Capital structure indicators
| Liquidity info | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|
| Months of cash | 6.3 | 6.4 | 4.2 | 6.2 | 6.3 |
| Months of cash and investments | 6.3 | 6.4 | 4.2 | 6.2 | 6.3 |
| Months of estimated liquid unrestricted net assets | 1.3 | 5.0 | 4.8 | 4.9 | 4.0 |
| Balance sheet composition info | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|
| Cash | $425,463 | $480,555 | $371,554 | $570,748 | $814,491 |
| Investments | $0 | $0 | $0 | $0 | $0 |
| Receivables | $88,608 | $168,029 | $253,094 | $112,695 | $140,667 |
| Gross land, buildings, equipment (LBE) | $1,562,374 | $1,647,102 | $1,647,102 | $1,648,970 | $2,333,955 |
| Accumulated depreciation (as a % of LBE) | 43.3% | 44.3% | 47.4% | 50.9% | 38.9% |
| Liabilities (as a % of assets) | 29.6% | 23.5% | 21.3% | 20.4% | 48.2% |
| Unrestricted net assets | $690,704 | $1,024,755 | $1,034,372 | $1,018,459 | $873,988 |
| Temporarily restricted net assets | $312,472 | $187,780 | $153,736 | $187,333 | N/A |
| Permanently restricted net assets | $0 | $0 | $0 | $0 | N/A |
| Total restricted net assets | $312,472 | $187,780 | $153,736 | $187,333 | $371,631 |
| Total net assets | $1,003,176 | $1,212,535 | $1,188,108 | $1,205,792 | $1,245,619 |
Key data checks
| Key data checks info | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|
| Material data errors | No | No | No | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
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 employeesSOURCE: IRS Form 990
Compensation data
There are no highest paid employees recorded for this organization.
SHELTERS OF SARATOGA INC
Board of directorsas of 01/25/2023
Board of directors data
Kathy McNeice
Community Health Center
Emily Mastrianni
White, Osterman, and Hanna
Lisa Mitzen
Kenneth Hay
Amy Hughes
Norah Brennan
Beth Payer
Richard Higgins
Richard Kline
Peter Hopper
Rosemary Ratcliff
Andy Ferrara
Janice Pritchett
Board leadership practices
GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.
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Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? No -
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? No -
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? No -
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? No -
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? No
Organizational demographics
Who works and leads organizations that serve our diverse communities? GuideStar partnered on this section with CHANGE Philanthropy and Equity in the Center.
Leadership
The organization's leader identifies as:
The organization's co-leader identifies as:
Race & ethnicity
No data
Gender identity
No data
No data
Sexual orientation
No data
Disability
No data
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