Cetera INC EIN 82-4878828

Cetera INC FY2022 filing

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Helps young people leaving foster care thrive in all aspects of their lives. For fiscal year 2022 it reported $1.0M in revenue, $1.1M in expenses, and $290K in net assets.Pt I

Type
Private foundation / grantmaker · Human Services
Location
St Petersburg, FL
Website
ceterafl.org
Filings
5 on file (2020–2022)
Revenue
$1.0MFY2022
Expenses
$1.1M
Net assets
$290K
People
6
Filings
5
Updates
0
More identity details & actions ⌄
EIN  82-4878828 Private foundation / grantmaker St Petersburg, FL
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Size
$1–10M
What they do
Helps young people leaving foster care thrive in all aspects of their lives.
Leadership
Dr Jamie Bennett · Executive Director · $159K
Money in and out
$1.0M revenue, $1.1M expenses
Bottom line
82% program efficiency
Grants paid & assets · FY2022
Total revenue
$1.0M
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$290K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$36K
Where spending went · Part IX cols B–D
Program services $0.82 Management & general $0.16 Fundraising $0.02
Program efficiency
82%
of spending reaches programs
Operating runway
3.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
-3%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$1.0M
FY2022▲ +27%
Expenses
$1.1M
FY2022▲ +98%
Total assets
$339K
FY2022▲ +4%
Total liabilities
$49K
FY2022▲ ×290
Total revenue
$1.0M
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$290K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$36K
Total assetsPt X · Ln 16$339K
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service account for $892K of program spending, described in the organization's own filed words · FY2022.
01

Cetera partnered with community stakeholders to raise awareness and increase access to resources an opportunities for transition age youth from foster care period served as a liaison between transition age youth from foster care and community service providers in the area of education, housing, transportation, and supportive…

$892Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCetera INC
EINHdr · item D82-4878828
Principal addressHdr · item CSt Petersburg, FL
WebsiteHdr · item Jceterafl.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P01)
Ruling yearIRS BMFMay 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$159,447Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2022FY2021
Dr Jamie Bennett$159,447$140,016

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$864K · 82%
Program service revenue$185K · 18%
Contributions & grants82%$864K
Program service revenue18%$185K
Investment income$1K
Total revenueLn 12$1.0M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.16 Fundraising $0.02
Program services82%$892K
Management & general16%$175K
Fundraising2%$18K
Total functional expensesLn 25$1.1M

Balance Sheet

Part X · end of year
CashLn 1$334K
Total assetsLn 16$339K
Total liabilitiesLn 26$49K
Total net assetsLn 32$290K
Months of cash on handcomputed3.7

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $334K · Operating expenses (Pt IX) $1.1M · Less non-cash grants $1K · Cash operating expenses/yr $1.1M
3.7 months
Where the money goes
Program services
Program services $892K · Total expenses $1.1M
82%
Management & General
Management & general $175K · Total expenses $1.1M
16%
Fundraising
Fundraising $18K · Total expenses $1.1M
2%
Cost to raise $1
Fundraising expense (2-yr avg) $16K · Solicited contributions (2-yr avg) $807K
$0.02 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $864K · Total revenue $1.0M
82%
Government reliance
Government grants — · Total revenue $1.0M
Earned-income share
Program service revenue $185K · Total revenue $1.0M
18%
Investment reliance
Investment income $1K · Total revenue $1.0M
+0.1%
Program self-sufficiency
Program service revenue $185K · Total expenses $1.1M
17%
Growth & trend
Revenue growth (YoY)
This year $1.0M · Prior year $823K
+27%
Net-asset trend (YoY)
End of year $290K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.0M · Expenses $1.1M
-3%
Liabilities-to-Assets
Total liabilities — · Total assets $339K
Net-asset ratio
Net assets $290K · Total assets $339K
86%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $339K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Dr Jamie Bennett · Reported title Executive Director · Highest reported compensation $159K · Total expenses $1.1M
15%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $234K · Total expenses $1.1M
22%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 82%
Overhead ratio 16%
Fundraising cost ratio 2%
Revenue growth 27%
Legal fee ratio 0.4%
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$1.1M
See all 4 funders →
Grants paid · 10 grants · $1.6M · 2021–2023
Annie E Casey Foundation INCMD · FY2023$1,200,215
Suncoast VoicesFY2023$49,278
Unitemized GrantFY2022$234,135
Unitemized GrantFY2022$5,475
Unitemized GrantFY2022$3,224
Unitemized GrantFY2022$2,509
Unitemized GrantFY2022$2,300
Unitemized GrantFY2021$123,726
Unitemized GrantFY2021$22,164
Unitemized GrantFY2021$3,004

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$1.4M revenue · ⤓ 990 PDF
FY2023$1.6M revenue · ⤓ 990 PDF
FY2022$1.0M revenue · viewing · ⤓ 990 PDF
FY2021$823K revenue · ⤓ 990 PDF
FY2020$56K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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