Somers Education Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 31,879 | 49,357 | −17,478 | 18.6 | — |
| 2012 | 37,982 | 79,309 | −41,327 | 5.3 | — |
| 2013 | 31,835 | 43,090 | −11,255 | 6.7 | — |
| 2014 | 36,084 | 33,634 | 2,450 | 9.4 | — |
| 2015 | 34,194 | 36,888 | −2,694 | 7.7 | — |
| 2016 | 36,861 | 36,325 | 536 | 8.0 | — |
| 2017 | 37,444 | 19,112 | 18,332 | 26.7 | — |
| 2018 | 31,845 | 31,274 | 571 | 16.5 | — |
| 2019 | 45,483 | 38,192 | 7,291 | 15.8 | — |
| 2020 | 15,640 | 17,932 | −2,292 | 32.2 | — |
| 2021 | 27,190 | 38,994 | −11,804 | 11.2 | — |
| 2022 | 47,967 | 18,411 | 29,556 | 42.9 | — |
| 2023 | 81,906 | 28,959 | 52,947 | 49.2 | — |
In its most recent public year (2023), this organization brought in $52,947 more than it spent. Its reserves stood at about 49.2 months of spending, up from 18.6 in 2011.
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
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