Servolution Network INC EIN 82-0669413

Servolution Network INC FY2021 filing

EIN  82-0669413 Public charity (501(c)(3)) Azle, TX
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
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 Servolution Network INC claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Rehabilitates homes and provides essential goods to those in need.
Leadership
Mike Aydelotte · Director
Money in and out
$833K revenue, $432K expenses
Bottom line
78% program efficiency

Rehabilitates homes and provides essential goods to those in need. For fiscal year 2021 it reported $833K in revenue, $432K in expenses, and $630K in net assets.Pt I

Where the money goes · FY2021
Total revenue
$833K
Pt VIII · Ln 12
Total expenses
$432K
Pt IX · Ln 25
Net assets
$630K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $401K
Where spending went · Part IX cols B–D
Program services $0.78 Management & general $0.13 Fundraising $0.09
Program efficiency
78%
of spending reaches programs
Surplus margin
+48%
revenue over expenses, this year
Donor-funded
100%
of revenue is gifts & grants

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$833K
FY2021▲ +62%
Expenses
$432K
FY2021▲ +6%
Total assets
$630K
FY2021▲ +175%
Total liabilities
$76
FY2021▼ -92%
Total revenue
$833K
Pt VIII · Ln 12
Total expenses
$432K
Pt IX · Ln 25
Net assets
$630K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$401K
Total assetsPt X · Ln 16$630K
Program-expense ratioPt IX · col B78%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

1 program service account for $335K of program spending, described in the organization's own filed words · FY2021.
01

Good Neighbors Program

Provided assistance in the form of rehabilitation of homes in need repair to owners who were unable to afford it themselves. Love your vets program - provided assistance with housing and other needs to veterans and their families.

$335Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CServolution Network INC
EINHdr · item D82-0669413
Principal addressHdr · item CAzle, TX
WebsiteHdr · item Jwww.servolutionnetwork.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L81)
Ruling yearIRS BMFSep 2017

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 12aNo
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
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
See Servolution Network INC executive salaries →

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

Statement of Revenue

Part VIII
Contributions & grants100%$833K
— government grantsLn 1e$85K
Total revenueLn 12$833K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.78 Management & general $0.13 Fundraising $0.09
Program services78%$335K
Management & general13%$56K
Fundraising9%$41K
Total functional expensesLn 25$432K

Balance Sheet

Part X · end of year
CashLn 1$171K
Total assetsLn 16$630K
Total liabilitiesLn 26$76
Total net assetsLn 32$630K
Months of cash on handcomputed4.8

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $171K · Operating expenses (Pt IX) $432K · Less non-cash grants $555K · Cash operating expenses/yr $-122K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $335K · Total expenses $432K
78%
Management & General
Management & general $56K · Total expenses $432K
13%
Fundraising
Fundraising $41K · Total expenses $432K
9%
Cost to raise $1
Fundraising expense (2-yr avg) $30K · Solicited contributions (2-yr avg) $603K
$0.05 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $833K · Total revenue $833K
100%
Government reliance
Government grants $85K · Total revenue $833K
10%
Earned-income share
Program service revenue $0 · Total revenue $833K
0%
Investment reliance
Investment income $0 · Total revenue $833K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $432K
0%
Growth & trend
Revenue growth (YoY)
This year $833K · Prior year $516K
+62%
Net-asset trend (YoY)
End of year $630K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $833K · Expenses $432K
+48%
Liabilities-to-Assets
Total liabilities — · Total assets $630K
Net-asset ratio
Net assets $630K · Total assets $630K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $630K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Mike Aydelotte · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $432K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $70K · Total expenses $432K
16%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 78%
Overhead ratio 13%
Fundraising cost ratio 5%
Revenue growth 62%
Accounting fee ratio 1%

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.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 4 funders$24K
See all 4 funders →
Grants paid · 23 grants · $505K · 2020–2025
Unitemized GrantFY2025$18,000
Unitemized GrantFY2024$62,373
Unitemized GrantFY2024$15,652
Unitemized GrantFY2024$13,500
Unitemized GrantFY2024$380
Unitemized GrantFY2024$222
Unitemized GrantFY2024$22
Unitemized GrantFY2023$109,889
Unitemized GrantFY2023$71,404
Unitemized GrantFY2023$8,542
Unitemized GrantFY2023$2,085
Unitemized GrantFY2023$1,635
Unitemized GrantFY2022$45,841
Unitemized GrantFY2022$30,090
Unitemized GrantFY2022$28,871
Unitemized GrantFY2022$9,007
Unitemized GrantFY2022$7,851
Unitemized GrantFY2022$5,146
See all 23 grants →

Similar Organizations

Closest in mission — by what they do
See all organizations like Servolution Network INC →

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
FY2025 (Latest)$727K revenue · ⤓ 990 PDF
FY2024$930K revenue · ⤓ 990 PDF
FY2023$816K revenue · ⤓ 990 PDF
FY2022$623K revenue · ⤓ 990 PDF
FY2021$833K revenue · viewing · ⤓ 990 PDF
FY2020$516K 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.