Somerset Isd Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 43,452 | 48,901 | −5,449 | 8.3 | — |
| 2013 | 46,430 | 38,679 | 7,751 | 41.5 | — |
| 2014 | 51,780 | 68,864 | −17,084 | 20.0 | — |
| 2015 | 106,889 | 95,215 | 11,674 | 14.9 | — |
| 2016 | 245,291 | 88,137 | 157,154 | 38.2 | 0% |
| 2017 | 158,528 | 266,897 | −108,369 | 8.1 | 0% |
| 2018 | 134,805 | 138,309 | −3,504 | 15.7 | 0% |
| 2019 | 140,143 | 142,141 | −1,998 | 15.6 | 0% |
| 2020 | 517,089 | 509,526 | 7,563 | 4.7 | 0% |
| 2021 | 332,039 | 268,344 | 63,695 | 12.5 | 0% |
| 2022 | 361,168 | 191,932 | 169,236 | 28.2 | 0% |
| 2023 | 381,522 | 207,682 | 173,840 | 39.2 | 0% |
In its most recent public year (2023), this organization brought in $173,840 more than it spent. Its reserves stood at about 39.2 months of spending, up from 8.3 in 2012. Staff pay was 0% of spending. $126,014 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Somerset Isd Education Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works