Overview
What is Sertoma Inc?
Sertoma Inc, located in Pensacola, Florida, is a nonprofit organization with a mission to serve mankind, particularly addressing the underprivileged needs of local children, particularly those with hearing disabilities. Established 35 years ago, the organization conducts various activities, one of which is the annual Dragonboat Festival. The event, held in Bayou Texar, features a rowing competition among local businesses and community organizations, with each team contributing an entry fee and raising additional funds for donation. Regrettably, due to the COVID-19 pandemic, the 2020 event was unable to take place. The nonprofit's primary address is P.O. Box 10697, Pensacola, FL 32504.
Official website here: www.nepensacolasertoma.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating
Sertoma Inc has received an overall rating of 83%, reflecting a commitment to accountability and finance. The rating is based entirely on the Accountability & Finance beacon, indicating strong performance in this area. The organization has a fully independent board, demonstrating good governance practices, with all board members being independent and a solid board size.
Strengths include a high program expense ratio of 74.73%, indicating that a significant portion of funds is directed towards its programs rather than administrative costs. Additionally, Sertoma has policies in place for conflict of interest and maintains accurate documentation such as board meeting minutes, which contributes to transparency. However, the absence of a whistleblower policy and a document retention and destruction policy indicates areas for improvement in governance practices.
Overall, Sertoma Inc demonstrates a strong foundation in accountability and financial management, but it could enhance its governance policies to further strengthen its operational framework.
This AI summary has been generated from information found on Charity Navigator.
Is Sertoma Inc legitimate?
Sertoma Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sertoma Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.nepensacolasertoma.com
What is the mission statement of Sertoma Inc?
Sertoma Inc, established 35 years ago, has a mission centered around serving the underprivileged needs of local children, with a particular focus on those with hearing disabilities. The organization's mission statement is encapsulated in the phrase "Service to Mankind," reflecting their commitment to giving back to the community. Their activities often involve fundraising events, such as the annual Dragonboat Festival, which supports local charitable organizations. Due to the ongoing pandemic, the Dragonboat Festival was unable to take place in the fall of 2020, but the funds raised in previous years were donated to these organizations during the following fiscal year.
Official website here: www.nepensacolasertoma.com
Who is the CEO of Sertoma Inc?
Dr George Knefley is the Vice-President of Sertoma Inc.
Official website here: www.nepensacolasertoma.com
What is the revenue of Sertoma Inc?
Sertoma Inc's revenue in 2021 was $143,623.
Official website here: www.nepensacolasertoma.com
Who are the executives of Sertoma Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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Official website here: www.nepensacolasertoma.com
Where can I find the form 990 for Sertoma Inc?
Sertoma Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.nepensacolasertoma.com
Learn more at the official website: www.nepensacolasertoma.com
Mission Statement of Sertoma Inc
Sertoma Inc, established 35 years ago, is dedicated to serving the unmet needs of local, disadvantaged children, with a particular emphasis on those with hearing disabilities. Following the principle of "Service to Mankind," Sertoma Inc's mission is to extend a helping hand to those in need, focusing on children in their community. This nonprofit organization strives to make a positive impact on the lives of these children, addressing their unique challenges and ensuring they have the necessary support to thrive.
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Impact
October, 2024
Sertoma Inc significantly impacts the local community by addressing the underserved needs of children with hearing disabilities in Pensacola, FL. Established 35 years ago, Sertoma’s mission, encapsulated in their motto "Service to Mankind," drives their efforts to enhance the lives of these children and their families. One of their key initiatives is the annual Dragonboat Festival, a dynamic fundraiser that fosters community engagement through rowing competitions between local businesses and organizations. This event not only raises essential funds to support their mission but also promotes teamwork and camaraderie within the community.
Despite challenges such as the Covid-19 pandemic, which prevented the festival from occurring in 2020, Sertoma demonstrated resilience by redirecting revenue to support various charitable organizations, ensuring that the community's needs continued to be met. Through both fundraising and community involvement, Sertoma Inc plays a vital role in uplifting those in need, particularly focusing on children with hearing disabilities, thereby fostering a more inclusive environment.
This information is meant to be a general summary of Sertoma Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Gross Receipts: $143,623
Assets and Liabilities:
- Total Assets: $128,543
- Total Liabilities: $0
- Net Assets: $128,543
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Organization Details
Founding Year
1984
Principal Officer
Dr George Knefley
Main Address
P O Box 10697, Pensacola, FL, 32504
Website
www.nepensacolasertoma.comNTEE Category
Code: T30 - Philanthropy
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