Somers Faculty Association Trust Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 381,015 | 376,584 | 4,431 | 7.4 | 3% |
| 2013 | 374,826 | 335,725 | 39,101 | 9.8 | 3% |
| 2014 | 382,901 | 327,537 | 55,364 | 12.1 | 3% |
| 2015 | 386,782 | 367,703 | 19,079 | 11.4 | 2% |
| 2016 | 334,367 | 346,358 | −11,991 | 11.7 | 5% |
| 2017 | 420,337 | 405,325 | 15,012 | 10.4 | 4% |
| 2018 | 427,387 | 357,238 | 70,149 | 14.2 | 5% |
| 2019 | 440,450 | 408,672 | 31,778 | 13.3 | 4% |
| 2020 | 452,168 | 430,453 | 21,715 | 13.2 | 4% |
| 2021 | 455,532 | 480,456 | −24,924 | 11.2 | 5% |
| 2022 | 451,580 | 515,077 | −63,497 | 9.0 | 5% |
| 2023 | 469,933 | 603,029 | −133,096 | 5.0 | 4% |
In its most recent public year (2023), this organization spent $133,096 more than it brought in. Its reserves stood at about 5 months of spending, down from 7.4 in 2012. Staff pay was 4% of spending.
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
Somers Faculty Association Trust Fund'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