Sertoma Inc
- Assets
- $51.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Windsor, CO
- Founding
- 11/1964
- Data as of
- 06/2023
- EIN
- 23-7395546
Organization Overview
Sertoma Inc is located in Windsor, CO. The organization was established in 1964. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Sertoma 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 06/2023, Sertoma Inc generated $48.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $48.8k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (7.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION CONTRIBUTED FUNDS TO VARIOUS COMMUNITYORGANIZATIONS FOR YOUTH, SPEECH & HEARING, AND OTHERCHARITABLE PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Lasco President | 3 | $0 | |
Steve Wick Treasurer | 3 | $0 | |
Douglas Anderson Secretary | 3 | $0 | |
Tom Aurand Vice-Pres. | 3 | $0 | |
Nathan Scott Vice-Pres. | 3 | $0 | |
Steve Dugger Vice-Pres. | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,070 |
| Total Program Service Revenue | $0 |
| Membership dues | $26,060 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $17,039 |
| Other Revenue | $169 |
| Total Revenue | $48,338 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $30,805 |
| Total expenses | $48,810 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,820 |
| Other assets | $0 |
| Total assets | $51,062 |
| Total liabilities | $0 |
| Net assets or fund balances | $51,062 |
Grants Awarded
Over the last fiscal year, Sertoma Inc has awarded $26,102 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDREN'S SPEECH & READING CENTER PURPOSE: Pay annual rent | $19,102 |
UNITED WAY OF LARIMER COUNTY PURPOSE: Teen counciling program | $7,000 |