Sertoma Inc

Organization Overview

Sertoma Inc is located in North Augusta, SC. 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 12/2023, Sertoma Inc generated $121.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 23.8% each year . All expenses for the organization totaled $117.0k during the year ending 12/2023. While expenses have increased by 6.0% per year over the past 5 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

A SOCIAL ORGANIZATION FORMED TO PROMOTE SOCIAL AND BUSINESS NETWORKING. THIS ORGANIZATION RELIES ON ITS MEMBERS TO FUNDRAISE IN ORDER THAT WE MAY CONTRIBUTE TO COMMUNITY CAUSES AND SPEECH AND HEARING NEEDS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DONATIONS TO COMMUNITY ACTIVITIES


SCHOLARSHIPS


DONATIONS TO SPEECH AND HEARING NEEDS


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Board, Officers & Key Employees

Name (title)Compensation
David Brunson
Director
$0
John Morris
Director
$0
Ken Oliphant
Director
$0
Wes Summers
Chairman Of The Board
$0
Rex Goble
President
$0
Dennis Murphy
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$19,018
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$21,018
Total Program Service Revenue$75,810
Investment income $854
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $11,301
Net Income from Gaming Activities $12,000
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $120,983

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