Sarahs Circle
- Assets
- $40.4m
- Revenue
- $6.5m
- Investments
- $0.0
- Employees
- 62
- Location
- Chicago, IL
- Founding
- 04/1979
- Data as of
- 06/2022
- EIN
- 36-3043662
Organization Overview
Sarahs Circle is located in Chicago, IL. The organization was established in 1979. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Sarahs Circle employed 62 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sarahs Circle is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Sarahs Circle generated $6.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.2% each year . All expenses for the organization totaled $4.4m during the year ending 06/2022. While expenses have increased by 12.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SERVICES AND HOUSING FOR WOMEN WHO ARE HOMELESS OR AT RISK OF HOMELESSNESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INTERIM HOUSING - EVERY DAY THE INTERIM HOUSING PROGRAM PROVIDES COMPREHENSIVE SERVICES INCLUDING SHELTER AND 24-HOUR ACCESS TO 50 WOMEN WHO ARE CURRENTLY HOMELESS. THE GOAL OF THE PROGRAM IS TO HELP WOMEN MOVE INTO PERMANENT HOUSING AS QUICKLY AS POSSIBLE WITH INTENSIVE CASE MANAGEMENT, HOUSING COORDINATION, AND OTHER INDIVIDUALIZED SERVICES TAILORED TO THE STRENGTHS AND CHALLENGES OF THE INDIVIDUAL.
PERMANENT SUPPORTIVE HOUSING - THE ORGANIZATION PROVIDES PERMANENTSUPPORTIVE HOUSING TO WOMEN WHO HAVE A DISABLING CONDITION WHO HAVE BEEN CHRONICALLY HOMELESS. SOME WOMEN IN THIS PROGRAM WERE HOMELESS FOR OVER A DECADE BEFORE BEING HOUSED. EACH WOMAN IN THE PROGRAM IS PROVIDED WITH A HOUSING SUBSIDY, INTENSIVE CASE MANAGEMENT, AND OTHER INDIVIDUALIZED SUPPORTIVE SERVICES TO HELP HER IMPROVE HER HEALTH, WELL-BEING, AND SELF-SUFFICIENCY. THIS TYPE OF HOUSING HAS BEEN PROVEN TO IMPROVE OUTCOMES FOR THE MOST DIFFICULT TO SERVE INDIVIDUALS AND REDUCE PUBLIC COSTS FOR JAILS, EMERGENCY ROOMS, AND OTHER CRISIS SERVICES. IN 2020, SARAH'S CIRCLE IMPLEMENTED A RAPID REHOUSING PROGRAM. THIS PROGRAM, FUNDED VIA CARES FUNDS, IS DESIGNED TO MOVE CLIENTS QUICKLY FROM HOMELESSNESS TO PERMANENT HOUSING.
DAYTIME SUPPORT CENTER - THE DAYTIME SUPPORT CENTER IS A SAFE AND WELCOMING COMMUNITY FOR ANY WOMAN IN NEED, WHETHER STREET HOMELESS,DOUBLED UP WITH FRIENDS OR FAMILY, FORMERLY HOMELESS, STRUGGLING WITH DOMESTIC VIOLENCE, OR SIMPLY LOW INCOME AND IN NEED OF COMMUNITY. SERVICES INCLUDE BASIC NECESSITIES, SUCH AS FOOD, BATHROOMS, SHOWERS,LAUNDRY, TELEPHONE, COMPUTERS WITH INTERNET ACCESS, AND AN ADDRESS FOR MAIL; EDUCATIONAL AND GENERAL INTEREST PROGRAMMING ON A VARIETY OF TOPICS; INDIVIDUALIZED CASE MANAGEMENT; AND HOUSING COORDINATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katherine Ragnar Executive Director | OfficerTrustee | 40 | $172,420 |
James Grutsch Director Of Finance | 37.5 | $107,461 | |
Judy Krueger President | OfficerTrustee | 2.5 | $0 |
Joshua Reitman Treasurer | OfficerTrustee | 2.5 | $0 |
Margaret Egan Secretary | OfficerTrustee | 2 | $0 |
Mary Hayes Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $200,090 |
| Related organizations | $0 |
| Government grants | $2,912,544 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,140,960 |
| Noncash contributions included in lines 1a–1f | $59,727 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,253,594 |
| Total Program Service Revenue | $67,942 |
| Investment income | $311,959 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$116,719 |
| Net Income from Fundraising Events | -$14,765 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,502,011 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $195,413 |
| Compensation of current officers, directors, key employees. | $10,390 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,976,788 |
| Pension plan accruals and contributions | $72,530 |
| Other employee benefits | $169,816 |
| Payroll taxes | $193,168 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,037 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $54,042 |
| Fees for services: Other | $80,725 |
| Advertising and promotion | $9,769 |
| Office expenses | $98,049 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $163,500 |
| Travel | $6,839 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $131,635 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $733,683 |
| Insurance | $21,134 |
| All other expenses | $11,622 |
| Total functional expenses | $4,415,646 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,310,148 |
| Savings and temporary cash investments | $6,703,642 |
| Pledges and grants receivable | $222,850 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $19,230 |
| Net Land, buildings, and equipment | $22,927,708 |
| Investments—publicly traded securities | $9,258,519 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $40,442,097 |
| Accounts payable and accrued expenses | $312,854 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,627,790 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,940,644 |
| Net assets without donor restrictions | $30,986,429 |
| Net assets with donor restrictions | $6,515,024 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $40,442,097 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Sarahs Circle has recieved totaling $1,250.
| Awarding Organization | Amount |
|---|---|
Kathleen Morrison Charitable Foundation Chicago, IL PURPOSE: CHARITABLE | $1,000 |
Gff Foundation Chicago, IL PURPOSE: GENERAL ASSISTANCE | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
City Union Mission Inc Kansas City, MO | $45,807,179 | $22,233,320 |
Connections For The Homeless Inc Evanston, IL | $3,076,427 | $13,787,312 |
The Fort Wayne Rescue Mission Ministries Inc Fort Wayne, IN | $18,135,638 | $8,056,165 |
Hvaf Of Indiana Inc Indianapolis, IN | $15,568,459 | $14,316,615 |
Hope Center Inc Lexington, KY | $15,963,477 | $9,458,031 |
Dupage P A D S Inc Wheaton, IL | $16,069,911 | $10,468,502 |
Restart Inc Kansas City, MO | $6,621,835 | $7,572,954 |
Guest House Of Milwaukee Inc Milwaukee, WI | $4,668,756 | $7,591,185 |
Porchlight Inc Madison, WI | $20,932,700 | $8,054,019 |
La Casa Norte Chicago, IL | $17,596,315 | $9,177,000 |
Depaul Usa Inc Chicago, IL | $9,840,575 | $10,359,318 |
Home Of The Sparrow Inc McHenry, IL | $8,853,100 | $7,775,187 |