Serra International

Tax-deductible

Chicago, IL501(c)(3)EIN 36-2193607

To foster and promote vocations to the ministerial priesthood in the catholic church as a particular vocation to service, support priests in their sacred ministry, encourage and affirm vocations to consecrated religious life in the catholic church and to assist its members to recognize and respond in their own lives to god's call to holiness in jesus christ and through the holy spirit.

501(c)(3) charity; gifts are tax-deductible.
55¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average deficit $5K a year · under 1% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
55%
of spending
Worth a look: 55% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.7 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $19K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$82K
39% of total assets
Looks good: liabilities are 39% of assets; 50% or less.
Pt X · Ln 26
Independent board members
21
of 21 voting members
Looks good: 21 of 21 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$817K
+18% vs prior year
Spent
$813K
To programs
55%
Net assets
$126K
By yearFY2020–FY2024
Revenue
$817K
FY2024▲ +18%
Revenue by fiscal year
FY2020$636K
FY2021$781K
FY2022$691K
FY2023$694K
FY2024$817K
Expenses
$813K
FY2024▲ +16%
Expenses by fiscal year
FY2020$632K
FY2021$767K
FY2022$735K
FY2023$699K
FY2024$813K
Net assets
$126K
FY2024▲ +4%
Net assets by fiscal year
FY2020$153K
FY2021$171K
FY2022$127K
FY2023$122K
FY2024$126K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1949.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

55 cents of each dollar spent went to programs.

Program services 55% · $444K Management & general 20% · $159K Fundraising 26% · $210K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

21 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
President El
$0Pt VII · Sec A
See Serra International executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Encourages Catholic vocations to priesthood and religious life, supporting priests and promoting holiness.

Provided by the organization

This section is blank until Serra International claims this page.

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1 program service account for $444K of program spending, described in the organization's own filed words · FY2024.
01

During 2024 serra international sought to increase its global accessibility to all of its members. We continued issuing communications in our four official languages: english, spanish, italian, and portuguese. Additionally, we improved our website and expanded the services offered to members.

$444Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2021
Total grants receivedfrom 1 funder$19K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$817K
Ln 12
Gifts and grantsLn 1h$430K
Other incomeLn 4–11$243K
Fees for servicesLn 2g$145K
Money outPt IX
$813K
Ln 25
Programscol B$444K
Managementcol C$159K
Fundraisingcol D$210K
Owns and owesPt X
$126K
net assets · Ln 32
Cash and savingsLn 1–2$48K
Total assetsLn 16$208K
LiabilitiesLn 26$82K
PeoplePt VI, VII
21
listed · VII A
PaidVII A0
Voting boardVI 1a21
IndependentVI 1b21
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$430K
Fees for servicesLn 2g$145K
Investment incomeLn 3$72
Other incomeLn 4–11$243K
Total revenueLn 12$817K
Assets in detailPt X, end of year
CashLn 1$39K
SavingsLn 2$8K
Cash and savings togetherLn 1–2$48K
InvestmentsLn 11–13$355
Land, buildings, equipmentLn 10c$6K
Other assetsLn 15$16K
Total assetsLn 16$208K
LiabilitiesLn 26$82K
Net assetsLn 32$126K
OperationsPt I, VI
EmployeesI 58
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$100K$48K
InvestmentsLn 11–13$309$355
Land, buildings, equipmentLn 10c$8K$6K
Total assetsLn 16$268K$208K
LiabilitiesLn 26$146K$82K
Net assetsLn 32$122K$126K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$190K$76K$36K$78K
Other salaries and wagesLn 7$121K$43K$32K$46K
Pension plan contributionsLn 8$7K$2K$2K$3K
Other employee benefitsLn 9$37K$13K$10K$14K
Payroll taxesLn 10$23K$9K$5K$9K
Accounting feesLn 11c$25K$25K
Office expensesLn 13$32K$12K$8K$12K
Information technologyLn 14$11K$3K$1K$6K
OccupancyLn 16$59K$23K$14K$22K
TravelLn 17$8K$7K$325$59
Conferences, conventions and meetingsLn 19$202K$202K
Depreciation, depletion and amortizationLn 22$2K$599$1K$300
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$92K$52K$21K$19K
All other expensesLn 24e$837−$361$943$255
Total functional expensesLn 25$813K$444K$159K$210K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $817K$813K$4K$126K 990 PDF
FY2023 $694K$699K−$5K$122K 990 PDF
FY2022 $691K$735K−$44K$127K 990 PDF
FY2021 $781K$767K$13K$171K 990 PDF
FY2020 $636K$632K$4K$153K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $817,393 across 8 lines filed
Lines not itemized here account for $4,749 of total revenue; see the IRS return.
VIII-1b Membership dues$405,961
VIII-1f All other contributions, gifts and grants$24,250
VIII-1h Total contributions, gifts and grants$430,211
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $117,525 · Excluded from tax $27,000$144,525
VIII-3 Investment incomeExcluded from tax $72$72
VIII-5 RoyaltiesRelated to mission $4,922$4,922
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $232,914$232,914
VIII-12 Total revenueRelated to mission $360,110 · Excluded from tax $27,072$817,393
Part IX · Statement of functional expenses $812,916 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $76,053 · Management $36,125 · Fundraising $77,955$190,133
IX-7 Other salaries and wagesPrograms $43,086 · Management $31,815 · Fundraising $46,219$121,120
IX-8 Pension plan contributionsPrograms $2,484 · Management $1,785 · Fundraising $2,656$6,925
IX-9 Other employee benefitsPrograms $13,229 · Management $9,558 · Fundraising $14,153$36,940
IX-10 Payroll taxesPrograms $8,661 · Management $5,092 · Fundraising $9,054$22,807
IX-11c Accounting feesManagement $25,282$25,282
IX-13 Office expensesPrograms $12,030 · Management $7,664 · Fundraising $11,822$31,516
IX-14 Information technologyPrograms $3,154 · Management $1,051 · Fundraising $6,308$10,513
IX-16 OccupancyPrograms $22,691 · Management $14,470 · Fundraising $22,299$59,460
IX-17 TravelPrograms $7,430 · Management $325 · Fundraising $59$7,814
IX-19 Conferences, conventions and meetingsPrograms $202,481$202,481
IX-22 Depreciation, depletion and amortizationPrograms $599 · Management $1,098 · Fundraising $300$1,997
IX-23 InsuranceManagement $2,968$2,968
IX-24 Other expenses (24a–d)Programs $52,401 · Management $20,758 · Fundraising $18,964$92,123
IX-24e All other expensesPrograms −$361 · Management $943 · Fundraising $255$837
IX-25 Total functional expensesPrograms $443,938 · Management $158,934 · Fundraising $210,044$812,916
Part X · Balance sheet $207,985 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $96,042$39,424
X-2 Savings and temporary cash investmentsStart of year $4,203$8,457
X-4 Accounts receivableStart of year $72,699$109,029
X-9 Prepaid expenses and deferred charges$28,681
X-10c Land, buildings and equipment, netStart of year $7,755$5,758
X-12 Other securitiesStart of year $309$355
X-15 Other assetsStart of year $86,663$16,281
X-16 Total assetsStart of year $267,767$207,985
X-17 Accounts payable and accrued expensesStart of year $58,349$51,372
X-19 Deferred revenue$13,640
X-25 Other liabilitiesStart of year $87,518$16,596
X-26 Total liabilitiesStart of year $145,867$81,608
X-27 Net assets without donor restrictionsStart of year $121,900$126,377
X-32 Total net assets or fund balancesStart of year $121,900$126,377
X-33 Total liabilities and net assetsStart of year $267,767$207,985
Part XI · Reconciliation of net assets $126,377 net assets at year end
XI-1 Total revenue$817,393
XI-2 Total expenses$812,916
XI-3 Revenue less expenses$4,477
XI-4 Net assets at start of year$121,900
XI-10 Net assets at end of year$126,377

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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