The Sero Group Inc
- Assets
- $432.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Germantown, TN
- Founding
- 01/2012
- Data as of
- 12/2021
- EIN
- 27-1145836
Organization Overview
The Sero Group Inc is located in Germantown, TN. The organization was established in 2012. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sero Group 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, Sero Group Inc generated $70.0k 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 (6.3%) each year. All expenses for the organization totaled $76.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
SERO PROJECT IS A 501(C)3 NON-PROFIT COMMUNITY DEVELOPMENT INITIATIVE WITH LOCAL AND GLOBAL REACH SEEKING TO STRENGTHEN NEIGHBORHOODS AND VILLAGES THROUGH ORPHAN CARE, EDUCATION, MICROFINANCE, REVITALIZATION, LEGAL AID, AND DEVELOPMENT PROJECTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
M Neal Hanna President | 0 | $0 | |
Krista B Hanna Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $70,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,914 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $70,450 |
| Total expenses | $76,364 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $432 |
| Other assets | $0 |
| Total assets | $432 |
| Total liabilities | $0 |
| Net assets or fund balances | $432 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Sero Group Inc has recieved totaling $38,500.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Greater Memphis Inc Memphis, TN PURPOSE: GENERAL OPERATIONAL SUPPORT | $38,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Amigos For Christ Buford, GA | $4,217,846 | $8,607,219 |
Penny Appeal Usa Inc Alexandria, VA | $5,095,057 | $8,905,052 |
Mission Enablers International Bentonville, AR | $795,841 | $7,887,827 |
Samaritans Feet International Charlotte, NC | $19,362,497 | $7,555,032 |
Meds & Food For Kids St Louis, MO | $9,342,329 | $4,463,955 |
St Luke Foundation For Haiti Dumfries, VA | $1,366,541 | $7,126,757 |
Lwala Community Alliance Inc Nashville, TN | $17,369,042 | $16,360,531 |
World Pediatric Project Richmond, VA | $4,763,587 | $6,525,258 |
Mihret Medical Supply Group Inc Ruckersville, VA | $743,818 | $5,710,148 |
The Yonkofa Project Inc Peachtree City, GA | $245,141 | $5,183,771 |
Zoe Empowers Raleigh, NC | $7,648,679 | $6,013,214 |
Healing Hands International Inc Nashville, TN | $10,095,552 | $10,611,098 |