Sertoma Handicapped Opportunity Programs Inc
- Assets
- $267.8k
- Revenue
- $572.3k
- Investments
- $0.0
- Employees
- 50
- Location
- Tulsa, OK
- Founding
- 01/1977
- Data as of
- 06/2022
- EIN
- 73-1000824
Organization Overview
Sertoma Handicapped Opportunity Programs Inc is located in Tulsa, OK. The organization was established in 1977. According to its NTEE Classification (J33) the organization is classified as: Sheltered Employment, under the broad grouping of Employment and related organizations. As of 06/2022, Sertoma Handicapped Opportunity Programs Inc employed 50 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sertoma Handicapped Opportunity Programs 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 06/2022, Sertoma Handicapped Opportunity Programs Inc generated $572.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $641.5k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.4%) 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE VOCATIONAL EDUCATION, COUNSELING, TRAINING AND OPPORTUNITY TO ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES IN THE GREATER TULSA COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE EMPLOYMENT OPPORTUNITIES FOR PERSONS WITH DEVELOPMENTAL AND PHYSICAL DISABILITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bobby Sanderson Chairman | OfficerTrustee | 1 | $0 |
Wayne Spencer Jr President | OfficerTrustee | 1 | $0 |
Dr Mike Taylor Trustee | Trustee | 1 | $0 |
David Hall Secretary | OfficerTrustee | 1 | $0 |
Janet Brown Asberry Trustee | Trustee | 1 | $0 |
Vanessa Beck Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $99,733 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,474 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $118,207 |
| Total Program Service Revenue | $380,639 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $12,851 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $29,364 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $572,258 |
| 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. | $52,118 |
| Compensation of current officers, directors, key employees. | $52,118 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $284,841 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $40,845 |
| Payroll taxes | $52,260 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $24,504 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $181 |
| Advertising and promotion | $113 |
| Office expenses | $11,861 |
| Information technology | $5,323 |
| Royalties | $0 |
| Occupancy | $89,189 |
| Travel | $32,745 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,563 |
| Insurance | $15,661 |
| All other expenses | $8,533 |
| Total functional expenses | $641,532 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,790 |
| Savings and temporary cash investments | $322 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $24,284 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $215,358 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $267,754 |
| Accounts payable and accrued expenses | $34,555 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $34,555 |
| Net assets without donor restrictions | $216,800 |
| Net assets with donor restrictions | $16,399 |
| 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 | $267,754 |