Serrv International Inc
- Assets
- $4.9m
- Revenue
- $4.7m
- Investments
- $0.0
- Employees
- 54
- Location
- Westminster, MD
- Founding
- 11/1998
- Data as of
- 12/2023
- EIN
- 52-2114720
Organization Overview
Serrv International Inc is located in Westminster, MD. The organization was established in 1998. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2023, Serrv International Inc employed 54 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Serrv International 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 12/2023, Serrv International Inc generated $4.7m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $5.4m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 9 years. 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 ERADICATE POVERTY BY PROVIDING SUPPORT TO LOW INCOME ARTISANS AND FARMERS WORLDWIDE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED STRUGGLING FARMERS AND ARTISANS IN 30 DEVELOPING COUNTRIES WITH TRAINING, GRANTS, TECHNICAL ASSISTANCE, SALES ASSISTANCE AND MARKETING SUPPORT. THROUGH OUR WORK WITH MORE THAN 55 COMMUNITY-BASED ORGANIZATIONS, WE CREATED ECONOMIC OPPORTUNITY SO THESE PRODUCERS CAN SUPPORT THEIR FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bonnie Dahan Chairman (jan-Nov) | OfficerTrustee | 2 | $0 |
Ron Kruczynski Treasurer | OfficerTrustee | 2 | $0 |
Julio Zegarra-Ballon Secretary (jan-Oct) | OfficerTrustee | 2 | $0 |
Patti Carpenter Director (jan-Nov) | Trustee | 2 | $0 |
Liz Owens Director | Trustee | 2 | $0 |
Joseph Lewczak Director (jan-Aug) | Trustee | 2 | $0 |
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 | $110,623 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $110,623 |
| Total Program Service Revenue | $0 |
| Investment income | $23,339 |
| 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 | $4,571,568 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,709,655 |
| 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. | $225,000 |
| Compensation of current officers, directors, key employees. | $68,732 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,643,925 |
| Pension plan accruals and contributions | $49,499 |
| Other employee benefits | $185,331 |
| Payroll taxes | $146,368 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $207,449 |
| Advertising and promotion | $358,310 |
| Office expenses | $505,379 |
| Information technology | $52,383 |
| Royalties | $0 |
| Occupancy | $263,104 |
| Travel | $28,063 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $119,832 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,710 |
| Insurance | $52,484 |
| All other expenses | $187,309 |
| Total functional expenses | $5,441,689 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,277,012 |
| Savings and temporary cash investments | $855,811 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $267,653 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,371,235 |
| Prepaid expenses and deferred charges | $918,441 |
| Net Land, buildings, and equipment | $18,656 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $190,988 |
| Total assets | $4,899,796 |
| Accounts payable and accrued expenses | $770,226 |
| 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 | $2,179,521 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $243,574 |
| Total liabilities | $3,193,321 |
| Net assets without donor restrictions | $1,674,828 |
| Net assets with donor restrictions | $31,647 |
| 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 | $4,899,796 |