Sertoma INC EIN 59-2417459 Form 990 (PDF) Claim this org

Sertoma INC

Not yet claimed Claim this org →

Helps local children with hearing disabilities and other underserved needs. For fiscal year 2021 it reported $144K in revenue, $87K in expenses, and $129K in net assets.Pt I

Type
Unknown exempt organization · Nonprofit
Location
Pensacola, FL
Website
www.nepensacolasertoma.com
Filings
2 on file (2020–2021)
Revenue
$144KFY2021
Expenses
$87K
Net assets
$129K
People
4
Filings
2
Updates
0
More identity details & actions ⌄
EIN  59-2417459 Unknown exempt organization Pensacola, FL
Form 990 (PDF)
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Sertoma INC claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Helps local children with hearing disabilities and other underserved needs.
Leadership
Paul Mattutat · Vice-President
Money in and out
$144K revenue, $87K expenses
Bottom line
+40% surplus margin
Reported financial activity · FY2021
Total revenue
$144K
Pt VIII · Ln 12
Total expenses
$87K
Pt IX · Ln 25
Net assets
$129K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $57K
Where spending went · Part IX cols B–D
Program services $0.65 Management & general $0.35
Surplus margin
+40%
revenue over expenses, this year▲ +142% vs prior filing year
Program spending
65%
of expenses reach programs▼ -18% vs prior filing year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$144K
FY2021▼ -22%
Expenses
$87K
FY2021▼ -44%
Total assets
$129K
FY2021▲ +62%
Total liabilities
$0
FY2021
Total revenue
$144K
Pt VIII · Ln 12
Total expenses
$87K
Pt IX · Ln 25
Net assets
$129K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$57K
Total assetsPt X · Ln 16$129K
Program-expense ratioPt IX · col B65%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSertoma INC
EINHdr · item D59-2417459
Principal addressHdr · item CPensacola, FL
WebsiteHdr · item Jwww.nepensacolasertoma.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Vice-President
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Sertoma INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

2 program services account for $56K of program spending, described in the organization's own filed words · FY2020.
01

Dragonboat Festival

Annual fundraiser which takes place in Bayou Texar, Pensacola, FL. The event includes a rowing competition between local businesses and community organizations. Each team pays an entry fee and consists of at least 10 men and 10 women. Teams can raise additional funds to donate to the club.

$47Kprogram expense
02

Hogfest Event

Reverse raffle for a Harley Davidson Motorcycle. Fundraiser includes an evening of live music, free beverages and food from local restaurants, and live and silent auctions. Proceeds are donated to local charities. Due to Covid-19, the club was not able to hold the fundraiser in the spring of 2021.

$9Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Contributions & grants100%$144K
Total revenueLn 12$144K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.65 Management & general $0.35
Program services65%$56K
Management & general35%$31K
Total functional expensesLn 25$87K

Balance Sheet

Part X · end of year
CashLn 1$122K
Total assetsLn 16$129K
Total liabilitiesLn 26$0
Total net assetsLn 32$129K
Months of cash on handcomputed16.9

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $122K · Operating expenses/yr $87K
16.9 months
Where the money goes
Program services
Program services $56K · Total expenses $87K
65%
Management & General
Management & general $31K · Total expenses $87K
35%
Fundraising
Fundraising $0 · Total expenses $87K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $164K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $144K · Total revenue $144K
100%
Government reliance
Government grants — · Total revenue $144K
Earned-income share
Program service revenue $0 · Total revenue $144K
0%
Investment reliance
Investment income $0 · Total revenue $144K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $87K
0%
Growth & trend
Revenue growth (YoY)
This year $144K · Prior year $184K
-22%
Net-asset trend (YoY)
End of year $129K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $144K · Expenses $87K
+40%
Liabilities-to-Assets
Total liabilities — · Total assets $129K
Net-asset ratio
Net assets $129K · Total assets $129K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $129K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Paul Mattutat · Reported title Vice-President · Highest reported compensation $0 · Total expenses $87K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $87K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 65%
Overhead ratio 35%
Fundraising cost ratio 0%
Revenue growth -22%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2021 (Latest)$144K revenue · viewing · ⤓ 990 PDF
FY2020$184K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.