Sertoma Inc

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1984

Legal Domicile

Principal Officer

Dr George Knefley

Tax Period

2020-07-01 to 2021-06-30

Sertoma Inc, founded in 1984, is a small nonprofit that reported $144K in total revenue in fiscal year 2020. The organization ran a surplus of $57K, a strong 40% operating margin.

Mission

NE Sertoma was established 35 years ago. The focus is the under served needs of local needy children, primarily with hearing disabilities. Our mission statement is Service to Mankind.

Program Service Accomplishments

Program 1

Expenses: $47,431 Revenue: $22,693

Dragonboat Festival - Annual fundraiser which takes place in Bayou Texar, Pensacola, FL. The event includes a rowing competition between local businesses and community organizations. Each team pays an entry fee and consists of at least 10 men and 10 women. Teams can raise additional funds to donate to the club. Due to Covid-19, the club was not able to hold the fundraiser in the fall of 2020. The revenue raised was subsequently donated to charitable organizations the following fiscal year.

Program 2

Expenses: $8,777 Revenue: $84,282

Hogfest Event - Reverse raffle for a Harley Davidson Motorcycle. Fundraiser includes an evening of live music, free beverages and food from local restaurants, and live and silent auctions. Proceeds are donated to local charities. Due to Covid-19, the club was not able to hold the fundraiser in the spring of 2021. The revenue raised was subsequently donated to charitable organizations the following fiscal year.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $143,623

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $143,623

Expense Breakdown

Grants Paid $46,342

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $56,208

Other Expenses $40,424

TOTAL EXPENSES $86,766

Year-over-Year Comparison

	2020	2019	Change
Revenue	$143,623	N/A	N/A
Expenses	$86,766	N/A	N/A
Net Income	$56,857	N/A	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Paul Mattutat	Vice-President	5.00	Officer	$0	$0	$0
Erik Hansen	President	5.00	Officer	$0	$0	$0
David Ricketson	Treasurer	7.00	Officer	$0	$0	$0
Dr George Knefley	Secretary	5.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2021	$143,623	$86,766	$128,543	$56,857
2020	$184,344	$154,242	$79,199	$30,102
2019	$248,273	$274,946	$48,672	$-26,673