Serenity Foundation Of Texas
- Assets
- $10.2m
- Revenue
- $6.3m
- Investments
- $0.0
- Employees
- 217
- Location
- Abilene, TX
- Founding
- 03/1979
- Data as of
- 08/2023
- EIN
- 75-1571205
Organization Overview
Serenity Foundation Of Texas is located in Abilene, TX. The organization was established in 1979. According to its NTEE Classification (F22) the organization is classified as: Substance Abuse Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 08/2023, Serenity Foundation Of Texas employed 217 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Serenity Foundation Of Texas 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, Serenity Foundation Of Texas generated $6.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $6.7m during the year ending 08/2023. While expenses have increased by 0.5% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A THERAPEUTIC ENVIRONMENT FOR THE TREATMENT OF ALCOHOL AND DRUG DEPENDENT INDIVIDUALS, SO THAT THEY LIVE PRODUCTIVE LIVES IN RECOVERY, AND TO PROVIDE ASSISTANCE, DIRECTION, AND EDUCATION WITHIN THEIR FAMILIES. TO BECOME AN ACKNOWLEDGED LEADER IN THE TREATMENT OF ALCOHOLISM AND OTHER ADDICTIVE DISEASES BY PROVIDING SUPERIOR FACILITIES, PROGRAMS, AND STAFF TO ALL WHO SEEK OUR HELP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DETOXIFICATION, RESIDENTIAL AND OUTPATIENT SUBSTANCE ABUSE TREATMENT OF 1,071 CLIENTS.
YOUTH PREVENTION EDUCATION 10,275 STUDENTS WERE ENROLLED INTO THE 10-12 WEEK PREVENTION CURRICULUM EDUCATION. COMMUNITY ACTIVITIES INCLUDED 20,032 STUDENTS AND 12,004 ADULTS. ALCOHOL, TOBACCO, AND OTHER DRUG SPECIFIC PRESENTATIONS WERE PROVIDED TO 21,500 STUDENTS AND 4,925 ADULTS. INVOLVEMENT IN COMMUNITY OUTREACH INCLUDING PASSING OUT BROCHURES AND HANDOUTS REACHED 49,400 YOUTH AND ADULTS. NUMEROUS SOCIAL MEDIA MESSAGES WERE PROVIDED ON FACEBOOK AND INSTAGRAM PLATFORMS.
RECOVERY SUPPORT SERVICE PROVIDED SERVICES AND REFERRALS TO INCREASE LONG-TERM RECOVERY AND RECOVERY QUALITY TO 1,886 INDIVIDUALS. SOBER LIVING WAS PROVIDED FOR AN AVERAGE OF 24 INDIVIDUALS EACH MONTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cindy Wier President & CEO | Officer | 40 | $93,448 |
Miles Lourenco CEO | Officer | 40 | $12,758 |
Katie Alford Director | Trustee | 1 | $0 |
Dr Bill Haynes Director | Trustee | 1 | $0 |
Dottie Ingalsbe Director | Trustee | 1 | $0 |
Barbara Morris Director | Trustee | 1 | $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 | $1,057,537 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,057,537 |
| Total Program Service Revenue | $4,673,100 |
| Investment income | $365,477 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $208,184 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,304,298 |
| 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. | $114,083 |
| Compensation of current officers, directors, key employees. | $114,083 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,097,612 |
| Pension plan accruals and contributions | $45,659 |
| Other employee benefits | $162,462 |
| Payroll taxes | $343,686 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,362 |
| Fees for services: Accounting | $40,973 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $171,237 |
| Advertising and promotion | $15,447 |
| Office expenses | $199,561 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $443,422 |
| Travel | $172,389 |
| 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 | $207,184 |
| Insurance | $64,798 |
| All other expenses | $0 |
| Total functional expenses | $6,706,973 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,589 |
| Savings and temporary cash investments | $569,394 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $541,853 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,247 |
| Inventories for sale or use | $35 |
| Prepaid expenses and deferred charges | $7,894 |
| Net Land, buildings, and equipment | $4,029,384 |
| Investments—publicly traded securities | $4,967,490 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $81,462 |
| Total assets | $10,232,348 |
| Accounts payable and accrued expenses | $563,975 |
| Grants payable | $0 |
| Deferred revenue | $3,725 |
| 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 | $84,058 |
| Total liabilities | $651,758 |
| Net assets without donor restrictions | $5,105,995 |
| Net assets with donor restrictions | $4,474,595 |
| 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 | $10,232,348 |