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Sam Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 472400657 ✦ Alexandria, VA ✦ Designated as a 501(c)(3)

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Overview

What is Sam Inc?

Sam Inc. is a nonprofit organization that focuses on spreading awareness and promoting the development of sensible drug policies. Their mission is to advocate for charitable, educational, and scientific causes, with a primary goal of educating the public about drug policies and facilitating their implementation. They accomplish this through various educational activities and offer financial assistance to organizations sharing similar objectives. By doing so, Sam Inc. contributes to the overall well-being of society.


Official website here: www.learnaboutsam.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 78% (Three-Star out of Four Stars)

Sam Inc has earned a Three-Star rating from Charity Navigator, indicating a solid overall performance in accountability and finance. The organization demonstrates strong governance with 100% independent board members and no material diversion of assets. However, the absence of a whistleblower policy and document retention procedures highlights some areas for improvement in governance practices.

The charity shows a healthy financial profile with a low liabilities to assets ratio of 0.25%, indicating strong financial stability. Additionally, a program expense ratio of 63.82% suggests that a significant portion of its budget is directed towards its mission-driven activities. Fundraising efficiency is also commendable, with only $0.06 spent to raise each dollar, showcasing effective fundraising strategies.

On the leadership front, Sam Inc scored exceptionally well, reflecting a commitment to leadership development and adaptability. This strong leadership score further supports the organization’s capacity to navigate changes and challenges within the nonprofit sector, though it is essential to address the noted governance weaknesses to enhance overall effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is Sam Inc legitimate?

Sam Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sam Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $229,817
Professional Fundraising Fees: $0
Other Salaries and Wages: $356,737

For more financial information, click here


Official website here: www.learnaboutsam.org

What is the mission statement of Sam Inc?

Sam Inc's mission is centered around pursuing charitable, educational, and scientific purposes. Their primary focus is on educating the public about the establishment of sound drug policy. To accomplish this, they facilitate financial support to organizations that share similar goals. In essence, Sam Inc acts as an advocate for promoting sensible drug policies and supports organizations with similar objectives, contributing to their mission through educational activities.


Official website here: www.learnaboutsam.org

Who is the CEO of Sam Inc?

Kevin A Sabet-Sharghi is the President And Ceo of Sam Inc. The CEO's salary of Sam Inc is $104,941 and their total compensation is $117,178.


Official website here: www.learnaboutsam.org

What is the revenue of Sam Inc?

Sam Inc's revenue in 2022 was $2,876,229.


Official website here: www.learnaboutsam.org

Who are the executives of Sam Inc and what are their salaries?

The average compensation at Sam Inc during 2022 was $65,173. There are 9 employees and 6 volunteers at Sam Inc.


Here are 9 key members and their salaries (Sam Inc's CEO's salary is $104,941 and their total compensation is $117,178):


Jonathan H Talcott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Cort (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Millette (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David George (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Micael Bloom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ian Colhoun (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin A Sabet-Sharghi (President And Ceo)
  • Compensation: $104,941
  • Related: $0
  • Other: $12,237
Luke D Niforatos (Executive Vice President)
  • Compensation: $134,345
  • Related: $0
  • Other: $13,631
Brendan Fairfield (Director Of External Programs)
  • Compensation: $107,803
  • Related: $0
  • Other: $0


Official website here: www.learnaboutsam.org

Where can I find the form 990 for Sam Inc?

Sam Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.learnaboutsam.org

Learn more at the official website: www.learnaboutsam.org

Mission Statement of Sam Inc

Sam Inc, a nonprofit organization, is dedicated to pursuing charitable, educational, and scientific purposes. Their primary mission is to educate the public about the establishment of sound drug policies. By doing so, they aim to facilitate a better understanding of drug-related issues and promote the development of policies that are beneficial for society. Furthermore, Sam Inc provides financial support to other organizations with similar goals, contributing to a broader network of organizations working towards similar objectives. Their activities often involve organizing educational programs to further their mission.

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Impact




July, 2024

Sam Inc's impact lies in educating the public about and facilitating the establishment of sound drug policy. By conducting educational activities and providing financial support to organizations with similar goals, Sam Inc contributes to the promotion of informed decision-making and effective strategies in addressing drug-related issues. Their mission to pursue charitable, educational, and scientific purposes aligns with advancing initiatives that aim to improve community well-being and reduce crime associated with drug misuse.




This information is meant to be a general summary of Sam Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,876,229 (2022)
Expenses
$1,149,799 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $77,059
  • Program Service Revenue: $87,107
  • Gross Receipts: $3,211,720

Assets and Liabilities:

  • Total Assets: $6,780,768
  • Total Liabilities: $17,419
  • Net Assets: $6,763,349

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SPEAKING FEES & HONORA

Revenue

$64,929

CONFERENCE REVENUE

Revenue

$18,806

OTHER PROGRAM FEES

Revenue

$3,372

Organization Details

Founding Year

2014

Principal Officer

Kevin A Sabet-Sharghi

Main Address

107 S WEST ST 757, ALEXANDRIA, VA, 22314

NTEE Category

Code: I05 - Crime

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