Somo Endowment Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,209,406 | 37,355 | 1,172,051 | 492.0 | 0% |
| 2012 | 58,911 | 106,691 | −47,780 | 168.4 | 0% |
| 2013 | 680,589 | 379,629 | 300,960 | 59.1 | 0% |
| 2014 | 1,219,322 | 518,301 | 701,021 | 60.7 | 0% |
| 2015 | 1,351,821 | 559,123 | 792,698 | 73.3 | 0% |
| 2016 | 2,847,091 | 566,658 | 2,280,433 | 123.3 | 0% |
| 2017 | 4,168,100 | 3,293,074 | 875,026 | 24.2 | 0% |
| 2018 | 745,929 | 3,656,189 | −2,910,260 | 3.5 | 0% |
| 2019 | 261,347 | 546,063 | −284,716 | 16.9 | 0% |
| 2020 | 110,505 | 463,415 | −352,910 | 10.8 | 1% |
| 2021 | 32,511 | 159,139 | −126,628 | 21.8 | 0% |
| 2022 | 109,950 | 45,487 | 64,463 | 93.4 | 0% |
| 2023 | 118,170 | 5,470 | 112,700 | 1023.9 | 0% |
In its most recent public year (2023), this organization brought in $112,700 more than it spent. Its reserves stood at about 1023.9 months of spending, up from 492 in 2011. Staff pay was 0% of spending. $9,605 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
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