Serge Global Inc
- Assets
- $13.8m
- Revenue
- $26.1m
- Investments
- $0.0
- Employees
- 242
- Location
- Jenkintown, PA
- Founding
- 01/1981
- Data as of
- 05/2022
- EIN
- 23-2223692
Organization Overview
Serge Global Inc is located in Jenkintown, PA. The organization was established in 1981. According to its NTEE Classification (P28) the organization is classified as: Neighborhood Centers, under the broad grouping of Human Services and related organizations. As of 05/2022, Serge Global Inc employed 242 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Serge Global Inc 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 05/2022, Serge Global Inc generated $26.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $25.4m during the year ending 05/2022. While expenses have increased by 9.1% 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
SUPPORT OF OVERSEAS MISSIONARY PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SERGE GLOBAL IS A MISSION SENDING AGENCY FOUNDED IN 1983. TODAY, WE HAVE 330 MISSIONARIES IN 25 COUNTRIES. WE BELIEVE THE MOTIVE AND POWER FOR OUR MISSION IS THE GOSPEL OF GRACE AT WORK IN THE LIFE OF A BELIEVER AND THE VISION IS TO SEE MOVEMENTS OF CHURCHES EMPOWERED BY GRACE FOR THE WORLD'S GOOD AND GOD'S GLORY. WE PURSUE THIS VISION THROUGH INCARNATIONAL MINISTRY, WITH AN EMPHASIS ON CHURCH PLANTING, INCARNATING MERCY, AND EQUIPPING CHURCH LEADERS. SERGE EXISTS TO SEE INDIVIDUALS, FAMILIES, COMMUNITIES, AND CULTURES SO CHANGED AND RENEWED BY THE GOSPEL OF GRACE THAT THEY PASSIONATELY PURSUE THEIR ROLE IN THE GREAT STORY OF REDEMPTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Osborne Executive Di | Officer | 50 | $227,088 |
Matt Allison Sr Dir Of Op | Officer | 50 | $113,735 |
George Mixon Team Leader | 50 | $112,977 | |
Bruce Alwood Area Directo | 50 | $106,284 | |
Josiah Bancroft Sr Director | 50 | $105,910 | |
Jim Dickenson Vice Chair | OfficerTrustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Highstreet Worldwide Llc Consulting | 5/30/22 | $994,639 |
Ironwood Global Consulting | 5/30/22 | $1,441,375 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $24,731,677 |
| Noncash contributions included in lines 1a–1f | $288,720 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,731,677 |
| Total Program Service Revenue | $320,261 |
| Investment income | $349,132 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,400 |
| Net Gain/Loss on Asset Sales | $717,071 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $26,122,541 |
| 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 | $1,604,197 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $393,702 |
| Compensation of current officers, directors, key employees. | $318,638 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,280,939 |
| Pension plan accruals and contributions | $791,176 |
| Other employee benefits | $2,001,428 |
| Payroll taxes | $657,957 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $643 |
| Fees for services: Accounting | $20,260 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $35,628 |
| Fees for services: Other | $3,170,800 |
| Advertising and promotion | $27,808 |
| Office expenses | $341,313 |
| Information technology | $195,053 |
| Royalties | $0 |
| Occupancy | $361,278 |
| Travel | $1,927,718 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $843,246 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $56,623 |
| Insurance | $200,573 |
| All other expenses | $869,985 |
| Total functional expenses | $25,350,182 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $356,295 |
| Savings and temporary cash investments | $2,525,140 |
| Pledges and grants receivable | $43,000 |
| 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 | $118,393 |
| Net Land, buildings, and equipment | $168,352 |
| Investments—publicly traded securities | $9,894,003 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $653,242 |
| Total assets | $13,758,425 |
| Accounts payable and accrued expenses | $357,974 |
| Grants payable | $0 |
| Deferred revenue | $70,094 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $132,000 |
| Total liabilities | $560,068 |
| Net assets without donor restrictions | $12,903,810 |
| Net assets with donor restrictions | $294,547 |
| 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 | $13,758,425 |
Grants Recieved
Over the last fiscal year, we have identified 26 grants that Serge Global Inc has recieved totaling $1,409,244.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: EVANGELISM | $740,228 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $264,000 |
Alcon Cares Incorporated Fort Worth, TX PURPOSE: CHARITABLE EQUIPMENT DONATIONS | $79,004 |
Helping India Together Glenside, PA PURPOSE: VARIOUS PROGRAMS | $55,435 |
Chattanooga Christian Community Foundation Chattanooga, TN PURPOSE: IN FURTHERANCE OF FOUNDATION'S PURPOSES | $32,450 |
Samaritans Purse Boone, NC PURPOSE: MEDICAL ASSIST. | $29,036 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Henry Street Settlement New York, NY | $75,269,061 | $50,430,824 |
University Settlement Society Of New York New York, NY | $42,233,481 | $34,399,388 |
Goddard Riverside Community Center New York, NY | $111,250,602 | $29,382,922 |
Jewish Community Center Of Staten Island Inc Staten Island, NY | $42,297,194 | $36,175,082 |
Queens Community House Inc Forest Hills, NY | $24,373,474 | $31,964,067 |
The Jewish Community Center In Manhattan Inc New York, NY | $112,890,259 | $24,957,738 |
Serge Global Inc Jenkintown, PA | $13,758,425 | $26,122,541 |
Lenox Hill Neighborhood House Inc New York, NY | $47,590,223 | $25,360,828 |
Greenwich House Inc New York, NY | $11,549,979 | $15,122,608 |
The Mandel Jewish Community Center Of Cleveland Beachwood, OH | $29,289,309 | $13,710,008 |
Bethesda Mission Of Harrisburg Harrisburg, PA | $19,345,842 | $17,253,312 |
Neighborhood Center Inc Utica, NY | $17,931,948 | $14,494,044 |