Sertoma Inc
- Assets
- $85.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Durham, NC
- Founding
- 01/1964
- Data as of
- 06/2024
- EIN
- 51-0230344
Organization Overview
Sertoma Inc is located in Durham, NC. 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 06/2024, Sertoma Inc generated $41.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 21.7% each year . All expenses for the organization totaled $51.8k during the year ending 06/2024. While expenses have increased by 16.9% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
AWARDS TO ORGANIZATIONS THAT SERVE THE NEEDS OF YOUTHS WITHHEARING AND SPEECH IMPAIRMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Geroge Browning Chairman | 0 | $0 | |
Jm Tezai Treasurer | 0 | $0 | |
Chuck Alford Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $177 |
| Total Program Service Revenue | $0 |
| Membership dues | $4,532 |
| Investment income | $250 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,881 |
| Other Revenue | $31,000 |
| Total Revenue | $41,840 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $29,787 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,230 |
| Total expenses | $51,817 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,319 |
| Other assets | $0 |
| Total assets | $85,419 |
| Total liabilities | $26,869 |
| Net assets or fund balances | $58,550 |