The Somerset Patriots Childrens Educational And Sportmanship
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,583 | 10,629 | −8,046 | 56.6 | 0% |
| 2021 | 87,521 | 71,218 | 16,303 | 11.2 | 0% |
| 2022 | 97,330 | 82,554 | 14,776 | 11.8 | 0% |
| 2023 | 137,346 | 111,843 | 25,503 | 11.4 | 0% |
In its most recent public year (2023), this organization brought in $25,503 more than it spent. Its reserves stood at about 11.4 months of spending, down from 56.6 in 2020. Staff pay was 0% 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
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