Serenelli Project INC EIN 85-3844890

Serenelli Project INC

Not yet claimed Claim this org →

Provides holistic care and monastic foundation for incarcerated, formerly incarcerated, and those with criminal records. For fiscal year 2024 it reported $319K in revenue, $132K in expenses, and $486K in net assets.Pt I

Type
Religious organization · Religion
Location
Cincinnati, OH
Website
www.serenelliproject.org
Filings
4 on file (2021–2024)
Revenue
$319KFY2024
Expenses
$132K
Net assets
$486K
People
8
Filings
4
Updates
0
More identity details & actions ⌄
EIN  85-3844890 Religious organization Cincinnati, OH
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 Serenelli Project INC claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Provides holistic care and monastic foundation for incarcerated, formerly incarcerated, and those with criminal records.
Leadership
Martin Arlinghaus · President/Executive Director · $20K
Money in and out
$319K revenue, $132K expenses
Bottom line
65% program efficiency
Where the money goes · FY2024
Total revenue
$319K
Pt VIII · Ln 12
Total expenses
$132K
Pt IX · Ln 25
Net assets
$486K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $187K
Where spending went · Part IX cols B–D
Program services $0.65 Management & general $0.33 Fundraising $0.02
Program efficiency
65%
of spending reaches programs
Operating runway
30.4mo
months of highly liquid reserves at operating expense rate▼ -0.7% vs prior filing year
Surplus margin
+59%
revenue over expenses, this year▲ +1.0% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$319K
FY2024▲ +211%
Total revenue
$319K
Pt VIII · Ln 12
Total expenses
$132K
Pt IX · Ln 25
Net assets
$486K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$187K
Total assetsPt X · Ln 16$486K
Program-expense ratioPt IX · col B65%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

1 program service account for $86K of program spending, described in the organization's own filed words · FY2024.
01

Completed renovations on the first community house. We launched serenelli industries, our social enterprizes company whose mission is to employ, mentor, and train the formerly incarcerated as well as to provide means of financial self-sustainability for the mission of serenelli project.

$86Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSerenelli Project INC
EINHdr · item D85-3844890
Principal addressHdr · item CCincinnati, OH
WebsiteHdr · item Jwww.serenelliproject.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X22)
Ruling yearIRS BMFSep 2021

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b7
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
President/Executive Director
$20,000Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Martin Arlinghaus’s $20K as President/Executive Director is at the 17th percentile of top reported officer pay among 2136 $100K–1M religion nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

See Serenelli Project INC executive salaries →

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

Statement of Revenue

Part VIII
Contributions & grants$334K · 104%
Investment income$7K · 2%
Contributions & grants104%$334K
Investment income2%$7K
Total revenueLn 12$319K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.65 Management & general $0.33 Fundraising $0.02
Program services65%$86K
Management & general33%$43K
Fundraising2%$3K
Total functional expensesLn 25$132K

Balance Sheet

Part X · end of year
CashLn 1$333K
Total assetsLn 16$486K
Total liabilitiesLn 26$0
Total net assetsLn 32$486K
Months of cash on handcomputed30.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $333K · Operating expenses (Pt IX) $132K · Less non-cash grants $538 · Cash operating expenses/yr $131K
30.4 months
Where the money goes
Program services
Program services $86K · Total expenses $132K
65%
Management & General
Management & general $43K · Total expenses $132K
33%
Fundraising
Fundraising $3K · Total expenses $132K
2%
Cost to raise $1
Fundraising expense $3K · Solicited contributions $334K
$0.01 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $334K · Total revenue $319K
104%
Government reliance
Government grants — · Total revenue $319K
Earned-income share
Program service revenue $0 · Total revenue $319K
0%
Investment reliance
Investment income $7K · Total revenue $319K
+2%
Program self-sufficiency
Program service revenue $0 · Total expenses $132K
0%
Growth & trend
Revenue growth (YoY)
This year $319K · Prior year $103K
+211%
Net-asset trend (YoY)
End of year $486K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $319K · Expenses $132K
+59%
Liabilities-to-Assets
Total liabilities — · Total assets $486K
Net-asset ratio
Net assets $486K · Total assets $486K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $486K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Martin Arlinghaus · Reported title PRESIDENT/EXECUTIVE DIRECTOR · Highest reported compensation $20K · Total expenses $132K
15%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $58K · Total expenses $132K
44%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 65%
Overhead ratio 33%
Fundraising cost ratio 0.9%
Revenue growth 211%
Legal fee ratio 7%
Accounting fee ratio 5%

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 · funders on record
Grants received · FY2024
Total grants receivedfrom 4 funders$48K
See all 4 funders →

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
FY2024 (Latest)$319K revenue · viewing · ⤓ 990 PDF
FY2023$103K revenue · ⤓ 990 PDF
FY2022$111K revenue · ⤓ 990 PDF
FY2021$164K 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) · FY2024IRS
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.