Servantek Inc

Nonprofit profile at a glance

EIN
870776076
IRS 990-EZ coverage
2010–2024
Forms available
Form 990 2020, Form 990-EZ 2024
Location
Hopewell Jct, NY, USA
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Education N.E.C.

Official website

Reported finances

Revenue
$71,406
Expenses
$82,745
Assets
$2,855
Liabilities
$7,920

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Karl Selander (President)

People named in this filing

  • Karl Selander (President)
  • Paul Larsen (Treasurer)
  • TJ Weber (Board of Directors)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organizations purpose is to multiply the impact of other nonprofit organizations and ministries through the effective integration of technology and to assist other nonprofits with website presence and the ability to receive electronic contributions.

What it reported doing in 2024

Developed and deployed significant mission-critical online systems for other nonprofits which enabled them to serve larger communities of people in need. Our services involved the development and hosting of web based systems for these organizations to meet the needs of their targeted communities in a sustainable way for the organization.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 82
  • Sustainability: 15
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.1%; rating input score 83
  • Program expense ratio: 71.7%; rating input score 72

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -15.9%; rating input score 26; 26th percentile among comparable filings
  • Total-asset coverage ratio: 0.03; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: 2.77; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 16.3%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: -6% per year; rating input score 0; 34th percentile among comparable filings
  • Revenue growth: -2.4% per year; rating input score 0; 42nd percentile among comparable filings
  • Asset growth: -7.7% per year; rating input score 0; 20th percentile among comparable filings

Details

  • Where the money goes: 83.1% of revenue deployed · 71.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $59K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2010 to 2024
  • 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 — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 26/100.
  • High — Sustainability: Total-asset coverage ratio scored 7/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 2/100.
  • High — Sustainability: Officer compensation ratio scored 8/100.