Sertoma Inc is located in Colorado Springs, CO. 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 06/2023, Sertoma Inc generated $67.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $70.6k during the year ending 06/2023. While expenses have increased by 7.7% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SUPPORTED HEARING HEALTH, SCHOLARSHIPS FOR HEARING IMPAIRED STUDENTS, NATIONAL HERITAGE, POLICE AND MILITARY VETERANS SUPPORTING ORGANIZATIONS, BOY SCOUTS AND OTHER LOCAL CHARITIES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Garrett Barton Treasurer | 3 | $0 | |
Larry Oliver President | 2 | $0 | |
Mary Obenauf Secretary | 6 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,362 |
| Total Program Service Revenue | $2,313 |
| Membership dues | $5,518 |
| Investment income | $1,098 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $48,181 |
| Other Revenue | $0 |
| Total Revenue | $67,472 |
| 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 | $840 |
| Printing, publications, postage, and shipping | $520 |
| Other expenses | $12,742 |
| Total expenses | $70,577 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $53,883 |
| Other assets | $0 |
| Total assets | $53,883 |
| Total liabilities | $0 |
| Net assets or fund balances | $53,883 |