Serrv International Inc
- Assets
- $5.9m
- Revenue
- $5.9m
- Investments
- $0.0
- Employees
- 87
- Location
- Westminster, MD
- Founding
- 11/1998
- Data as of
- 12/2021
- 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 12/2021, Serrv International Inc employed 87 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 12/2021, Serrv International Inc generated $5.9m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $5.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 7 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
2021
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 |
|---|---|---|---|
Loreen Epp President | Officer | 40 | $146,800 |
Julio Zegarra-Ballon Secretary | OfficerTrustee | 2 | $0 |
Ron Kruczynski Treasurer | OfficerTrustee | 2 | $0 |
Bonnie Dahan Chairman | OfficerTrustee | 5 | $0 |
Patti Carpenter Director | Trustee | 2 | $0 |
Liz Owens Director | 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 | $192,741 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $192,741 |
| Total Program Service Revenue | $0 |
| Investment income | $79 |
| 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 | $5,692,662 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,889,769 |
| 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. | $173,772 |
| Compensation of current officers, directors, key employees. | $38,625 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,444,683 |
| Pension plan accruals and contributions | $37,692 |
| Other employee benefits | $238,648 |
| Payroll taxes | $137,778 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $980 |
| Fees for services: Accounting | $26,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $233,852 |
| Advertising and promotion | $26,401 |
| Office expenses | $550,662 |
| Information technology | $25,351 |
| Royalties | $0 |
| Occupancy | $263,695 |
| Travel | $2,151 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $107,605 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,427 |
| Insurance | $24,875 |
| All other expenses | $165,727 |
| Total functional expenses | $5,099,213 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,232,157 |
| Savings and temporary cash investments | $657,688 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $336,612 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,123,580 |
| Prepaid expenses and deferred charges | $547,861 |
| Net Land, buildings, and equipment | $18,032 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,915,930 |
| Accounts payable and accrued expenses | $877,145 |
| 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 | $1,778,770 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $254,567 |
| Total liabilities | $2,910,482 |
| Net assets without donor restrictions | $2,973,801 |
| 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 | $5,915,930 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Serrv International Inc has recieved totaling $250.
| Awarding Organization | Amount |
|---|---|
Hanley Foundation Amherst, MA PURPOSE: GEN CHARITABLE | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Budget Partnership Washington, DC | $22,613,845 | $10,208,589 |
The Global Development Incubator Inc Washington, DC | $19,206,818 | $12,212,974 |
Mennonite Economic Development Associates Lancaster, PA | $26,265,593 | $14,802,817 |
U S Russia Foundation For Ecnomic Advancement And The Rule Of Law Washington, DC | $338,533,234 | $10,918,102 |
International Economic Development Council Inc Washington, DC | $7,664,446 | $7,258,490 |
Grassroots Business Partners Inc Washington, DC | $4,894,378 | $2,765,853 |
Serrv International Inc Westminster, MD | $5,915,930 | $5,889,769 |
Junior Achievement Of Greater Washington Washington, DC | $13,546,976 | $4,222,443 |
Fairtrade America United Inc Washington, DC | $5,153,549 | $4,146,091 |
Aceli Africa Inc Washington, DC | $4,489,153 | $3,826,704 |
Junior Achievement Usa Bridgeville, PA | $5,474,447 | $2,637,956 |
Solar Sister Inc Great Falls, VA | $695,942 | $2,413,061 |