Overview
What is Sacred Inc?
Sacred Inc is a nonprofit organization situated in Chicago, Illinois, with a focus on enhancing the quality of life in rural Mexican communities where traditional agave spirits are produced. During their fiscal year 2021, they funded and implemented various projects, such as distributing over 10,000 agave seedlings, providing food aid to pandemic-affected families, constructing a well, rain-harvest system, and greenhouses, and initiating the construction of community facilities in different locations. The organization's mission is to contribute to these communities by supporting programs that replant agave, construct libraries, ensure water security, and repair damage caused by earthquakes.
Official website here: www.sacred.mx/
Is Sacred Inc legitimate?
Sacred Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sacred 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.sacred.mx/
What is the mission statement of Sacred Inc?
Sacred Inc, through its mission, aims to enhance the lives of individuals in rural Mexican communities where traditional Agave spirits are produced. The company raises funds to support various programs, including replanting agave, constructing libraries, ensuring water security, and repairing earthquake damage. During the fiscal year 2021, Sacred Inc funded initiatives such as distributing agave seedlings, providing food aid to families, building wells, and setting up rain-harvest systems. Additionally, they initiated the construction of a community plaza, a library, and a family distillery, demonstrating their commitment to improving the quality of life in these communities.
Official website here: www.sacred.mx/
Who is the CEO of Sacred Inc?
Lou Bank is the Board Member of Sacred Inc.
Official website here: www.sacred.mx/
What is the revenue of Sacred Inc?
Sacred Inc's revenue in 2023 was $357,891.
Official website here: www.sacred.mx/
Who are the executives of Sacred Inc and what are their salaries?
Here are 7 key members and their salaries:
- Compensation: $8,930
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.sacred.mx/
Where can I find the form 990 for Sacred Inc?
Sacred Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sacred.mx/
Learn more at the official website: www.sacred.mx/
Mission Statement of Sacred Inc
Sacred Inc, a philanthropic organization, is committed to enhancing the lives of individuals residing in rural Mexican communities where traditional Agave spirits are produced. Their mission is twofold: to support initiatives that aid in the replanting of agave, ensuring the continuity of this heritage craft, and to fund programs that address basic needs such as water security, library construction, and earthquake damage repairs. Throughout FY2021, Sacred Inc implemented various projects aligning with this mission, including distributing over 10,000 agave seedlings, providing food aid to families affected by the pandemic, constructing a well, installing a rain-harvest system, and building greenhouses in various communities. Additionally, they initiated the construction of a community plaza and a library, as well as began the rebuilding process of a family distillery.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Sacred Inc. has a profound impact on rural Mexican communities where heritage agave spirits are produced. By focusing on sustainable development, the organization raises funds to implement vital programs that significantly improve the quality of life for residents.
One of their key initiatives involves distributing over 10,000 agave seedlings to families in Oaxaca, promoting environmental sustainability and economic viability by encouraging the growth of this important local crop. Additionally, Sacred Inc. has provided crucial support to families affected by the pandemic, ensuring that food insecurity does not undermine their health and well-being.
Water security is another critical area of focus. The construction of a well in Miahuatlan and a rain-harvest system in Santa Maria Ixcatlan enhances access to clean water, which is essential for both people and agriculture. The establishment of four greenhouses in various communities in Jalisco further boosts local agricultural practices, ensuring that families can cultivate crops year-round.
In terms of community infrastructure, Sacred Inc. is dedicated to fostering education and community cohesion. They have initiated the building of a library in Zapotitlan de Vadillo and a community plaza in Rio de Parras, creating spaces for learning, gathering, and cultural exchange. Moreover, the restoration of a family distillery in Espanica emphasizes the importance of preserving local heritage while supporting economic opportunities.
Through these multifaceted programs, Sacred Inc. not only addresses immediate needs but also invests in the long-term resilience and prosperity of these rural communities. Their holistic approach empowers local residents, ensuring that they can thrive in harmony with their environment and cultural traditions.
This information is meant to be a general summary of Sacred 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $345,457
- Gross Receipts: $357,891
Assets and Liabilities:
- Total Assets: $66,906
- Total Liabilities: $7,951
- Net Assets: $58,955
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Donations
Revenue
$345,015
Sales
Revenue
$442
Organization Details
Founding Year
2017
Principal Officer
Lou Bank
Main Address
1658 N Milwaukee Ave STE 535, Chicago, IL, 60647
Website
www.sacred.mx/NTEE Category
Code: W12 - Public benefit
If you are a representative of Sacred Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.