Sertoma Inc
- Assets
- $42.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Round Rock, TX
- Founding
- 01/1964
- Data as of
- 06/2021
- EIN
- 51-0195357
Organization Overview
Sertoma Inc is located in Round Rock, TX. 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 06/2021, Sertoma Inc generated $33.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (18.8%) each year. All expenses for the organization totaled $20.9k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (22.4%) per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
COMMUNITY SERVICES TO NEEDY FAMILIES, SCHOLARSHIPS AND MEDICAL EXPENSE FOR PHYSICALLY CHALLANGED INDIVIDUALS, DONATIONS TO LIKE MINDED ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Greene Chairman/clu | 2.5 | $0 | |
Jim Brock Director Spo | 2.5 | $0 | |
Paul Best President-El | 2.5 | $0 | |
Phil Ward Secretary | 2.5 | $0 | |
Joseph Schaefer Treasurer | 2.5 | $0 | |
Dennis Graffious President | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,909 |
| Total Program Service Revenue | $0 |
| Membership dues | $6,934 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $33,942 |
| 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 | $1,000 |
| Occupancy, rent, utilities, and maintenance | $550 |
| Printing, publications, postage, and shipping | $189 |
| Other expenses | $7,014 |
| Total expenses | $20,943 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,735 |
| Other assets | $0 |
| Total assets | $42,910 |
| Total liabilities | $0 |
| Net assets or fund balances | $42,910 |
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