Sertoma Inc
- Assets
- $142.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albany, GA
- Founding
- 01/1964
- Data as of
- 08/2023
- EIN
- 58-1479771
Organization Overview
Sertoma Inc is located in Albany, GA. The organization was established in 1964. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building 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 08/2023, Sertoma Inc generated $52.2k 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 (7.7%) each year. All expenses for the organization totaled $57.9k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (3.4%) 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
2023
Describe the Organization's Program Activity:
Part 3
PROMOTION OF HEALTH, EDUCATION, FREEDOM, AND DEMOCRACY VIA EXPOSURE OF MEMBERSHIP TO VARIOUS PUBLIC SPEAKERS WHO DISCUSS ORGANIZATIONS THAT SUPPORT THE VALUES AND BELIEFS OF MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Garnto President | 1 | $0 | |
Branon Pate Vice-Preside | 1 | $0 | |
James Langston Secretary | 1 | $0 | |
Bo Wright Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,480 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,260 |
| Gain or Loss | $5,763 |
| Net Income from Gaming & Fundraising | $16,700 |
| Other Revenue | $0 |
| Total Revenue | $52,203 |
| 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 | $2,382 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $32,445 |
| Total expenses | $57,877 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $131,459 |
| Other assets | $0 |
| Total assets | $142,404 |
| Total liabilities | $0 |
| Net assets or fund balances | $142,404 |