Overview
What is The Greater Sarasota Sertoma Foundation?
The Greater Sarasota Sertoma Foundation is a charitable organization that collects donations to fund and provide grants for Sertoma Kids, Inc. This 501-c(3) organization, primarily supported by the Greater Sarasota Sertoma Club, its members, and the wider community, focuses on offering speech and hearing services to children in the local community. The Greater Sarasota Sertoma Foundation's mission is to continue championing Sertoma Kids, Inc., ensuring they have the necessary resources to deliver their vital services.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (50%)
The Greater Sarasota Sertoma Foundation has received a One-Star rating from Charity Navigator, indicating significant concerns about its accountability and financial practices. With an overall score of 50%, the organization lacks transparency, as evidenced by missing critical policies such as conflict of interest, whistleblower, and document retention. Additionally, the charity does not have independent board members, which raises questions about governance and oversight.
Despite these challenges, the foundation shows strong financial health with a program expense ratio of 98.62%, suggesting that the majority of its expenses are dedicated to its programs. This level of commitment to program expenses is a positive aspect of the organization’s operations. However, the lack of independent oversight and missing compliance documents could hinder effectiveness and trustworthiness.
Overall, while the Greater Sarasota Sertoma Foundation is doing well in terms of directing funds toward its mission, the absence of basic governance and accountability measures adversely affects its rating and public perception. Addressing these issues would be essential for enhancing its standing and credibility in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is The Greater Sarasota Sertoma Foundation legitimate?
The Greater Sarasota Sertoma Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Greater Sarasota Sertoma Foundation 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
What is the mission statement of The Greater Sarasota Sertoma Foundation?
The Greater Sarasota Sertoma Foundation's mission is centered around supporting Sertoma Kids, Inc., a 501-c(3) organization. This non-profit organization's primary focus is on providing speech and hearing services to children within the community. The Greater Sarasota Sertoma Foundation accomplishes this by soliciting contributions from their club, members, and the community at large. The collected funds are then invested and used to provide grants to Sertoma Kids, Inc., thereby enabling them to continue their vital work. The foundation's programs include extending a grant to Sertoma Kids, Inc., thereby contributing to the betterment of speech and hearing services for children in need.
Who is the CEO of The Greater Sarasota Sertoma Foundation?
Robert Darnell is the President of The Greater Sarasota Sertoma Foundation.
What is the revenue of The Greater Sarasota Sertoma Foundation?
The Greater Sarasota Sertoma Foundation's revenue in 2022 was -$10,362.
Who are the executives of The Greater Sarasota Sertoma Foundation and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Greater Sarasota Sertoma Foundation?
The Greater Sarasota Sertoma Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Greater Sarasota Sertoma Foundation
The Greater Sarasota Sertoma Foundation's mission is centered around supporting Sertoma Kids, Inc., a 501-c(3) organization. In essence, this foundation seeks to raise funds from the Greater Sarasota Sertoma Club, its members, and the broader community. The primary goal is to invest these funds and grant them to Sertoma Kids, Inc., an organization dedicated to providing speech and hearing services to children within the community. By doing so, The Greater Sarasota Sertoma Foundation contributes to the betterment of these children's lives, enabling them to overcome hearing-related challenges and communicate effectively. Their programs, such as the grant to Sertoma Kids, Inc., are instrumental in achieving this mission.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Greater Sarasota Sertoma Foundation significantly impacts the community by raising funds that directly support essential speech and hearing services for children. By soliciting contributions from the Greater Sarasota Sertoma Club, its members, and local community members, the foundation ensures a steady source of grants for Sertoma Kids, Inc. This partnership focuses on enhancing the lives of children who require specialized services, ultimately fostering better communication skills and improving overall quality of life. Through its dedicated efforts, the foundation plays a crucial role in addressing health needs in Sarasota, Florida, thus enriching the community and providing critical resources for families.
This information is meant to be a general summary of The Greater Sarasota Sertoma Foundation. 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 2022.
- Investment Income: -$31,562
- Gross Receipts: $10,881
Assets and Liabilities:
- Total Assets: $606,293
- Total Liabilities: $104,009
- Net Assets: $502,284
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1996
Phone
(941) 366-1040Principal Officer
Robert Darnell
Main Address
330 S PINEAPPLE AVE 106, SARASOTA, FL, 34236
NTEE Category
Code: E60 - Health
If you are a representative of The Greater Sarasota Sertoma Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.