Civic Intelligence

Sertoma Speech & Hearing Foundation

EIN 59-2182519 • 501(c)3 • New Port Richey, FL

Profile

Enhance individual potential and quality of life through better hearing without regard to ability to pay

6333 River RoadNew Port Richey, FL 34652

familyhearinghelp.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

70th percentile

0.24x

Higher debt load relative to assets than 70% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

60th percentile

0.14x

Higher debt load relative to revenue than 60% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

52nd percentile

5.6%

Higher net margin than 52% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

67th percentile

$100,785

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

83rd percentile

26%

Faster asset growth than 83% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

33rd percentile

-1.9%

Faster revenue growth than 33% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$1,397,359

Up $635,212 (+83%) from 2022

Liabilities

Up

$637,035

Up $259,958 (+69%) from 2022

Net Assets

Up

$760,324

Up $375,254 (+97%) from 2022

Revenue

Up

$2,576,114

Up $1,058,178 (+70%) from 2022

Expenses

Up

$2,235,102

Up $683,694 (+44%) from 2022

Net Income

Up

$341,012

Up $374,484 (+1119%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2011: $137,010Liabilities 2011: $43,990Net Assets 2011: $93,0202011Assets 2012: $117,936Liabilities 2012: $22,123Net Assets 2012: $95,8132012Assets 2013: $131,449Liabilities 2013: $12,279Net Assets 2013: $119,1702013Assets 2014: $124,460Liabilities 2014: $21,235Net Assets 2014: $103,2252014Assets 2015: $104,825Liabilities 2015: $20,227Net Assets 2015: $84,5982015Assets 2016: $84,595Liabilities 2016: $28,731Net Assets 2016: $55,8642016Assets 2017: $323,695Liabilities 2017: $2,943Net Assets 2017: $320,7522017Assets 2018: $262,443Liabilities 2018: $5,482Net Assets 2018: $256,9612018Assets 2019: $461,857Liabilities 2019: $98,055Net Assets 2019: $363,8022019Assets 2020: $530,397Liabilities 2020: $148,045Net Assets 2020: $382,3522020Assets 2021: $521,556Liabilities 2021: $79,858Net Assets 2021: $441,6982021Assets 2022: $762,147Liabilities 2022: $377,077Net Assets 2022: $385,0702022Assets 2023: $1,397,359Liabilities 2023: $637,035Net Assets 2023: $760,3242023

Highlighted filing

2023

Assets$1,397,359
Liabilities$637,035
Net Assets$760,324

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $228,5122011Revenue 2012: $208,871Expenses 2012: $206,078Net Income 2012: $2,7932012Expenses 2013: $184,0542013Revenue 2014: $193,505Expenses 2014: $209,447Net Income 2014: -$15,9422014Revenue 2015: $190,284Expenses 2015: $208,911Net Income 2015: -$18,6272015Revenue 2016: $165,416Expenses 2016: $179,229Net Income 2016: -$13,8132016Revenue 2017: $479,742Expenses 2017: $219,556Net Income 2017: $260,1862017Revenue 2018: $680,095Expenses 2018: $745,795Net Income 2018: -$65,7002018Revenue 2019: $889,947Expenses 2019: $843,605Net Income 2019: $46,3422019Revenue 2020: $900,420Expenses 2020: $881,870Net Income 2020: $18,5502020Revenue 2021: $1,044,142Expenses 2021: $984,796Net Income 2021: $59,3462021Revenue 2022: $1,517,936Expenses 2022: $1,551,408Net Income 2022: -$33,4722022Revenue 2023: $2,576,114Expenses 2023: $2,235,102Net Income 2023: $341,0122023

Highlighted filing

2023

Revenue$2,576,114
Expenses$2,235,102
Net Income$341,012

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$1.40$0.64$0.76$2.58$2.24$0.34
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.76$0.38$0.39$1.52$1.55$0.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.52$0.08$0.44$1.04$0.98$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.53$0.15$0.38$0.90$0.88$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.46$0.10$0.36$0.89$0.84$0.05
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.01$0.26$0.68$0.75$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.32$0.00$0.32$0.48$0.22$0.26
2016Detailed filing. Detailed filing data is available for this year.$0.08$0.03$0.06$0.17$0.18$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.10$0.02$0.08$0.19$0.21$0.02
2014Summary only. Only limited summary data is available for this year.$0.12$0.02$0.10$0.19$0.21$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$0.01$0.12$0.18
2012Summary only. Only limited summary data is available for this year.$0.12$0.02$0.10$0.21$0.21$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.04$0.09$0.23
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Feb 9, 2022
Return Version
2020v4.1
Gross Receipts
$1,044,142
Mission and Program Overview

Mission

To provide audiology services to children and seniors across the state of Florida in order to enhance individual potential and quality of life through better hearing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$213,539$213,475▼ $64
Investments Other Securities$57,174$155,302▲ $98,128
Land, Buildings, and Equipment, Net$80,851$97,590▲ $16,739
Pledges and Grants Receivable$162,500$32,083▼ $130,417
Cash and Non-Interest-Bearing Accounts$6,858$14,655▲ $7,797
Accounts Receivable$9,475$8,451▼ $1,024
Total Assets$530,397$521,556▼ $8,841
Liabilities
Unsecured Notes Loans Payable$55,370$55,370→ $0
Accounts Payable and Accrued Expenses$92,675$19,160▼ $73,515
Deferred Revenue-$5,328-
Other Liabilities-$0-
Total Liabilities$148,045$79,858▼ $68,187
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$382,352$441,698▲ $59,346
Total Net Assets Fund Balance$382,352$441,698▲ $59,346
Total Liabilities and Net Assets / Fund Balance$530,397$521,556▼ $8,841

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$30,106$117,039$147,145
Other Land Buildings$67,484$39,669$107,153
Land$0--
Other Securities$155,302--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$57,174$83,953▲ $14,175-$155,302
2019$54,562-▲ $2,612-$57,174
2018$53,636-▲ $926-$54,562
2017$51,279-▲ $2,357-$53,636
2016$47,009-▲ $5,456$1,186$51,279
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Debra GolinskiCEOFT$76,154$3,040$79,194

Board Members and Trustees

NameTitle
David OlsenChairman
Julie RogersVice Chairman
Arlene BrockDirector
Dr Linda CoxDirector
Fred GeigerDirector
Harvey RhinehartDirector
Heather FiorentinoDirector
Lisa TinkerDirector
Mark SpenceDirector
Mary JulianDirector
Steve ThompsonDirector
Dale NelsonSecretary
Justin CallowTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,005,060
Program Service Revenue
$13,206
Investment Income
$14,190
Other Revenue
$11,686
All Other Contributions
$198,754
Change in Net Assets
$59,346

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,044,142
Revenue Not Reported on Form 990
$8,042
Total Revenue per Audited Statements
$1,052,184
Total Revenue per Form 990
$1,044,142
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$622,776
Salaries, Compensation, and Employee Benefits$362,020
Total Fundraising Expense$4,488
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$359,577$0$0$359,577
Other Salaries and Wages$204,425$9,999$0$214,424
Current Officers, Directors, Trustees, and Key Employees$72,000$6,715$1,285$80,000
Other Employee Benefits$34,948$1,742$0$36,690
All Other Expenses$26,380$2,783$2,262$31,425
Payroll Taxes$24,888$1,336$110$26,334
Fees for Services Lobbying$5,875$19,125$0$25,000
Occupancy$21,215$466$75$21,756
Travel$20,454$0$0$20,454
Fees for Services Accounting$5,419$14,425$0$19,844
Insurance$17,171$1,099$34$18,304
Office Expenses$15,181$2,453$231$17,865
Depreciation Depletion$15,070$1,340$334$16,744
Advertising$7,257$3,862$27$11,146
Conferences and Meetings$4,733$510$0$5,243
Pension Plan Contributions$4,463$87$22$4,572
Total Functional Expenses$911,835$68,473$4,488$984,796

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$992,838
Expenses per Audited Statements$984,796
Total Expenses per Form 990$984,796
Expenses Not Reported on Form 990$8,042
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Liability for uncertain tax positions$0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Sertoma Speech & Hearing Foundation of Florida Inc
EIN
59-2182519
Phone
7273123881
Address
6333 River Road, New Port Richey, FL 34652

Signing Officer

Name
Debra Golinski
Title
CEO
Phone
7273123881
Signed
2022-02-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Debra Golinski
Formed
1982
Legal Domicile
Fl
Voting Board Members
13
Independent Board Members
13
Employees
14
Volunteers
15

Preparer

Firm
Reeder & Associates PA
Address
3339 W Bearss Avenue, Tampa, FL 33618
Preparer
Rick Reeder CPA
Phone
8139085310
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Board members are each provided with a copy of the Form 990 and corresponding schedules either at a board meeting or via email prior to filing with the IRS.

Pt VI, Line 12C

Board members are given an annual report to disclose any conflicts. Board members are also asked if any conflicts have risen at each board meeting.

Pt VI, Line 15A

An annual review is conducted by an executive session of the board of directors regarding the CEO's performance and compensation. The CEO salary is documented through an employment agreement.

Pt VI, Line 19

All required documents are available by request and can be provided by pick up, email or regular mail.

Financial Statement Notes

Pt V, Line 4

The Community Foundation of Tampa Bay, Inc. holds the board-designated endowment funds for the benefit of Sertoma Speech & Hearing Foundation of Florida, Inc. (Sertoma). Any grants from the endowment fund to Sertoma are used for program expeditures to help Sertoma carry out is role and mission in the State of Florida.

Pt X, Line 2

Sertoma is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code and similar state provisions. Sertoma is treated as a public supported organization, and not as a private foundation. Accordingly, no provision for income taxes has been reflected in the accompanying financial statements. Sertoma accounts for uncertain tax positions, if any, in accordance with ASC Section 740. Management is not aware of any activities that would jeopardize Sertoma's tax-exempt status. Sertoma is not aware of any tax positions that is has taken that are subject to a significant degree of uncertainty. Sertoma believes it is no longer subject to income tax examinations for fiscal years ending prior to September 30, 2018.

Raw XML AppendixShowing 400 of 573 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/Form990PartVIISectionAGrp/PersonNm0Debra Golinski
IRS990/Form990PartVIISectionAGrp/PersonNm1David Olsen
IRS990/Form990PartVIISectionAGrp/PersonNm2Julie Rogers
IRS990/Form990PartVIISectionAGrp/PersonNm3Justin Callow
IRS990/Form990PartVIISectionAGrp/PersonNm4Dale Nelson
IRS990/Form990PartVIISectionAGrp/PersonNm5Arlene Brock
IRS990/Form990PartVIISectionAGrp/PersonNm6Dr Linda Cox
IRS990/Form990PartVIISectionAGrp/PersonNm7Heather Fiorentino
IRS990/Form990PartVIISectionAGrp/PersonNm8Fred Geiger
IRS990/Form990PartVIISectionAGrp/PersonNm9Mary Julian
IRS990/Form990PartVIISectionAGrp/PersonNm10Harvey Rhinehart
IRS990/Form990PartVIISectionAGrp/PersonNm11Mark Spence
IRS990/Form990PartVIISectionAGrp/PersonNm12Lisa Tinker
IRS990/Form990PartVIISectionAGrp/PersonNm13Steve Thompson
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt076154
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
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IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
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