Serna Marymount Community Development Corporation
Nonprofit profile at a glance
- EIN
- 464483346
- IRS 990-EZ coverage
- 2021–2025
- Forms available
- Form 990 2024, Form 990-EZ 2025, Form 990-N 2020
- Location
- San Antonio, TX, USA
- Phone
- 2108591857
- Rating
- 94
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $126,538
- Expenses
- $191,942
- Assets
- $973
- Liabilities
- $1,715
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- BRUCE GROENKE (PRESIDENT)
People named in this filing
- BRUCE GROENKE (PRESIDENT)
- WILLIAM D SWANN (VICE PRESIDE)
- ROBERT CARINGTON (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide opportunities that encourage, educate and enable the families and residents of our diverse community. We try to ensure that basic needs are met. We strive to enhance the lives of everyone in the community, building relationships while providing services and resources at little or no cost.
What it reported doing in 2025
For 9 successful years, prior to the unprecedented pandemic, we held the serna summer enrichment program. We would supplement the ongoing school tutoring program for a nearby title 1 elementary school, to stop the "summer slide- and to help the "at risk" children from falling behind over the summer. We would hire certified teachers from the elementary school to maintain the curriculum for the students from kindergarten through 5th grade. The area we serve is the second most diverse in the city of san antonio, with food insecurity also being a problem we addressed this by providing 2 hot meals and a healthy daily snack for all students attending the program. We are the only organization in the area that provides an academic enrichment program.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 98
- Transparency & Controls: 100
- Sustainability: 3
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 96.1%; rating input score 96
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -51.7%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 0.01; rating input score 4; 4th percentile among comparable filings
- Liabilities to assets ratio: 1.76; rating input score 2; 2nd percentile among comparable filings
- Officer compensation ratio: 50.7%; rating input score 5; 5th percentile among comparable filings
Growth
- Program expense growth: 15.2% per year; rating input score 100; 68th percentile among comparable filings
- Revenue growth: 15.5% per year; rating input score 100; 76th percentile among comparable filings
- Asset growth: 23.8% per year; rating input score 100; 81st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 96.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $184K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2021 to 2025
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 2/100.
- High — Sustainability: Total-asset coverage ratio scored 4/100.
- High — Sustainability: Liabilities to assets ratio scored 2/100.
- High — Sustainability: Officer compensation ratio scored 5/100.