Ser Corporation
- Assets
- $85.8k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 11
- Location
- Wichita, KS
- Founding
- 04/1987
- Data as of
- 06/2023
- EIN
- 48-0812610
Organization Overview
Ser Corporation is located in Wichita, KS. The organization was established in 1987. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 06/2023, Ser Corporation employed 11 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Ser Corporation 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, Ser Corporation generated $1.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $1.2m during the year ending 06/2023. While expenses have increased by 2.7% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ADMINISTER VARIOUS PROGRAMS DESIGNED TO AID MIGRANT FARMWORKERS AND OTHER MINORITY GROUPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NATIONAL FARMWORKER JOBS PROGRAM (NFJP) PROVIDES A VARIETY OF EMPLOYMNET TRAINING, JOB REFERRAL, AND SUPPORTIVE SERVICES TO MIGRANT SEASONAL FARMWORKERS. MAJOR CATEGORIES INCLUDE ON THE JOB TRAINING, CLASS TRAINING, AND TRAINING ASSISTANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Lopez CEO | Officer | 40 | $84,247 |
Victor Balderas Treasurer | OfficerTrustee | 1 | $0 |
Norman Bent Director | Trustee | 1 | $0 |
Paul Feleciano Chairman | OfficerTrustee | 1 | $0 |
Richard Juarez Director | Trustee | 1 | $0 |
Phillip Ramirez Vice Chairme | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,195,435 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,195,435 |
| Total Program Service Revenue | $0 |
| Investment income | $49 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,195,484 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $84,247 |
| Compensation of current officers, directors, key employees. | $84,247 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $486,716 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $67,061 |
| Payroll taxes | $36,911 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,701 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,000 |
| Office expenses | $15,088 |
| Information technology | $5,404 |
| Royalties | $0 |
| Occupancy | $68,519 |
| Travel | $88,499 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $332,930 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,909 |
| Insurance | $1,660 |
| All other expenses | $0 |
| Total functional expenses | $1,247,654 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,455 |
| Savings and temporary cash investments | $11,027 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,005 |
| 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 | $0 |
| Net Land, buildings, and equipment | $5,318 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $85,805 |
| Accounts payable and accrued expenses | $72,399 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $72,399 |
| Net assets without donor restrictions | $13,406 |
| Net assets with donor restrictions | $0 |
| 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 | $85,805 |