Sertoma Inc
- Assets
- $70.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brainerd, MN
- Founding
- 01/1964
- Data as of
- 06/2022
- EIN
- 41-1542886
Organization Overview
Sertoma Inc is located in Brainerd, MN. The organization was established in 1964. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, 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 06/2022, Sertoma Inc generated $85.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $69.9k during the year ending 06/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDES SERVICE TO ITS LOCAL COMMUNITIES TO IMPROVE THE LIVES OF THOSE WHO NEED HELP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Toole Chairman Of The Board | 5 | $0 | |
JD Burns President | 5 | $0 | |
Joe Enge First VP | 4 | $0 | |
Eric Larson Secretary | 5 | $0 | |
Gary Walters Treasurer | 5 | $0 | |
Nikki Lyter Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $34,017 |
| Investment income | $122 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $41,674 |
| Other Revenue | $0 |
| Total Revenue | $85,813 |
| 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 | $2,425 |
| Occupancy, rent, utilities, and maintenance | $37 |
| Printing, publications, postage, and shipping | $345 |
| Other expenses | $41,958 |
| Total expenses | $69,853 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $65,367 |
| Other assets | $0 |
| Total assets | $70,836 |
| Total liabilities | $0 |
| Net assets or fund balances | $70,836 |
Grants Awarded
Over the last fiscal year, Sertoma Inc has awarded $18,050 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CONFIDENCE LEARNING CENTER PURPOSE: CONFIDENCE LEARNING CENTER | $12,040 |
CRISIS LINE AND REFERRAL SERVICE PURPOSE: CRISIS LINE | $6,010 |