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Saranam Llc

Saranam Llc

Albuquerque, NM 87112
Tax ID20-2036621

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About this organization

Revenue

$1,243,904

Expenses

$889,186

Mission

“Saranam" means refuge. Saranam's vision is to transform the lives of homeless families. The mission is “to empower families to end their homelessness and poverty through housing, education and supportive communities."

About

2019 ACCOMPLISHMENTS AFTER 16 YEARS IN OPERATION, SARANAM HAS PROVIDED FAMILIES WITH SAFE HOUSING, PRACTICAL LIFE-SKILLS INSTRUCTION, A SUPPORTIVE COMMUNITY, AND A PATHWAY TO SELF-SUFFICIENCY THROUGH EDUCATION. WITH 77% OF FAMILIES SUCCESSFULLY EXITING THE PROGRAM INTO PERMANENT, SAFE AND STABLE LIVING SITUATIONS, SARANAM IS A SUSTAINABLE SOLUTION TO FAMILY HOMELESSNESS. SARANAM'S APPROACH TO ENDING POVERTY AND HOMELESSNESS FOR FAMILIES IS AN INNOVATIVE TWO-GENERATIONAL STRATEGY, WHERE BOTH PARENTS AND CHILDREN RECEIVE SERVICES SIMULTANEOUSLY AND IN SYNC. OUR TWO-GENERATIONAL STRATEGY IS SUPPORTED BY A GROWING BODY OF ANTI-POVERTY RESEARCH THAT SHOWS THE EFFECTIVENESS OF MAKING BOTH PARENTS AND CHILDREN CHANGE AGENTS IN WORKING TO GET OUT OF POVERTY. 2019 HAS BEEN A TREMENDOUS YEAR FOR SARANAM. WE WELCOMED 10 NEW FAMILIES INTO AND HAD 7 FAMILIES SUCCESSFULLY EXIT OUR PROGRAM. WE ALSO RAN OUR SUCCESSFUL SPRING CAMPAIGN WHICH PROVIDES SUPPORT TO 10 FAMILIES FOR A YEAR, ALLOWING US TO STABILIZE OUR ORGANIZATION, NOW AT THE CUSP OF EXPANSION. SARANAM IS DEVELOPING PLANS TO EXPAND THESE VITAL SERVICES AND IS EMBARKING ON ITS MOST IMPORTANT ENDEAVOR TO DATE: THE EXPANSION AND DEVELOPMENT OF A SECOND SITE, AN ADDITIONAL 25-UNIT CAMPUS COMMUNITY DESIGNED TO BRING MORE FAMILIES INTO SELF-SUFFICIENCY. 2019 OUTCOMES SINCE INCEPTION IN 2004, SARANAM HAS SERVED 132 HOMELESS FAMILIES IN ALBUQUERQUE, INCLUDING 152 ADULTS AND 272 CHILDREN. OUR PROGRAM HAS DEMONSTRATED A 77% SUCCESS RATE OF FAMILIES EXITING THE PROGRAM HAVING MET MORE THAN THREE OF OUR MEASURES OF SUCCESS. OUR 77% SUCCESS RATE INDICATES THAT WHEN FAMILIES EXIT, THEY ARE ABLE TO SUPPORT THEMSELVES, INCLUDING PAYING FOR HOUSING, SUPPLIES, UTILITIES, ETC., ON THEIR OWN INCOME. THE LIFE SKILLS WE PROVIDE ENSURE THAT OUR FAMILIES ARE ABLE TO MAINTAIN AND SUSTAIN THESE OUTCOMES. SEVEN FAMILIES SUCCESSFULLY EXITED THE PROGRAM IN 2019. WE HAVE REMAINED IN CONTACT WITH AN INCREDIBLE 75% OF FAMILIES WHO EXITED ONE YEAR OR MORE AGO. OF THOSE FAMILIES, 86% WHO LEFT THE PROGRAM SUCCESSFULLY REMAIN STABLE AFTER A YEAR. THIS YEAR WE ADDED AN ALUMNI COMPONENT TO OUR PROGRAMMING, ENABLING US TO CONTINUE TO SUPPORT FAMILY STABILITY THROUGH ADDED COMMUNITY AND EDUCATIONAL ACTIVITIES. NUMBER OF FAMILIES: 25 52 CHILDREN, 27 ADULTS 10 NEW FAMILIES WERE BROUGHT INTO SARANAM IN 2019. UNDUPLICATED VOLUNTEERS: 775 VOLUNTEER HOURS: 4897 DEGREES/CERTIFICATES EARNED IN 2019 O 1 GED O 4 NURSING ASSISTANT CERTIFICATES O 2 PASSED NATIONAL CERTIFIED NURSING ASSISTANT EXAM O 2 PATIENT CARE TECHNICIAN CERTIFICATES O 1 DENTAL ASSISTANT CERTIFICATE O 1 PASSED NATIONAL CERTIFIED DENTAL ASSISTANT EXAM COURSES OF STUDY IN PROGRESS O BACHELOR OF SCIENCE OR ARTS: CRIMINAL JUSTICE, PSYCHOLOGY O ASSOCIATE OF ARTS OR SCIENCE DEGREES: BUSINESS ADMINISTRATION, LIBERAL ARTS, NURSING, PSYCHOLOGY, SOCIOLOGY O CERTIFICATES: ACCOUNTING, NURSING ASSISTANT O PIMA MEDICAL INSTITUTE: PHARMACY TECHNICIAN ORGANIZATIONAL CAPACITY BUILDING AS PART OF THE PROCESS FOR VALIDATING OUR UNIQUE MODEL, WE HAVE UNDERGONE SUBSTANTIAL EVALUATION AND UPDATES TO OUR INTERNAL SYSTEMS. THIS YEAR, WE PURCHASED A NEW CLIENT DATABASE AND ADDED OPERATIONAL SUPPORT. THESE ADDITIONS INCLUDING ADDITIONAL STAFFING, WILL ENABLE US TO TRACK AND ANALYZE OUR DATA TO TELL THE STORY OF THE INCREDIBLE IMPACT WE HAVE ON FAMILIES OVER TIME, INCLUDING STORIES OF PAST FAMILIES WHO PURCHASE HOMES, MOVE INTO NEW EMPLOYMENT, OR BRING THEIR KIDS BACK TO JUST CHECK IN WITH US. ENVISIONING AN INCREASE OF CAPACITY OF FAMILIES SERVED WITH AN UPCOMING ADDITION OF A SECOND SITE, WE ALSO ADDED STAFFING SPECIFICALLY FOR DIRECT SERVICES WITH ALUMNI, CHILDREN'S PROGRAMMING AND VOLUNTEER COORDINATION. THESE ADDITIONS WILL HELP US SERVE OUR FAMILIES IN DEEPER WAYS AS WELL AS CONNECT THEM BACK TO OUR COMMUNITY AT LARGE THROUGH VOLUNTEERS. AFTER A MORE THAN 2-YEAR SEARCH, WE FINALLY LOCATED PROPERTY FOR OUR 2ND SITE, A NECESSARY STEP FOR OUR ENVISIONED EXPANSION. IN 2019, ALONGSIDE OUR CONTINUING EFFORTS TO IMPROVE THE LIVES OF HOMELESS FAMILIES IN ALBUQUERQUE, WE SIGNED A PURCHASE AGREEMENT FOR THE PROPERTY, WORKED ON PIECES OF DUE DILIGENCE IN THE PURCHASE AND BEGAN PLANNING FOR A CAPITAL CAMPAIGN TO MAKE OUR VISIONS OF EXPANSION A REALITY

Interesting data from their 2020 990 filing

According to the filing, the non-profit's mission is “Vision-to transform the lives of homeless families mission-to empower families to end their homelessness and poverty through housing, education and supportive communities.”.

When referring to its actions, they were described as: “Vision-to transform the lives of homeless families mission-to empower families to end their homelessness and poverty through housing, education and supportive communities.”.

  • According to the law, the state of operation reported by the non-profit is NM.
  • As per the filing, the address of the non-profit for 2020 is 1028 EUBANK BLVD NE, ALBUQUERQUE, NM, 87112.
  • According to their form, the non-profit as of 2020 has a total of 15 employees.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are between $500,000 and $1,000,000+.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $354,718.
  • The CEO compensation plan of the organization is determined by an independent party's review and approval.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 14 independent voting members.
  • The organization was formed in 2004.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization's financial statements were compiled or reviewed by an accountant.
  • The organization pays $434,658 in salary, compensation, and benefits to its employees.
  • The organization pays $132,358 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has fundraising events.
  • The organization's financial statements were reviewed by an accountant.

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