Somali Success School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 306,624 | 491,762 | −185,138 | -4.0 | 58% |
| 2012 | 395,510 | 285,007 | 110,503 | -2.2 | 54% |
| 2013 | 271,518 | 267,679 | 3,839 | -2.2 | 53% |
| 2014 | 421,593 | 396,497 | 25,096 | -0.7 | 62% |
| 2015 | 0 | 0 | 0 | — | — |
| 2016 | 711,703 | 511,003 | 200,700 | 7.0 | 68% |
| 2017 | 780,270 | 663,124 | 117,146 | 17.5 | 69% |
| 2018 | 856,717 | 773,096 | 83,621 | 16.3 | 72% |
| 2019 | 714,800 | 801,265 | −86,465 | 14.4 | 71% |
| 2020 | 757,165 | 865,772 | −108,607 | 11.6 | 75% |
| 2021 | 1,188,416 | 715,782 | 472,634 | 21.9 | 61% |
| 2022 | 792,800 | 776,256 | 16,544 | 20.5 | 65% |
| 2023 | 1,207,782 | 735,706 | 472,076 | 29.3 | 68% |
In its most recent public year (2023), this organization brought in $472,076 more than it spent. Its reserves stood at about 29.3 months of spending, up from -4 in 2011. Staff pay was 68% 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
Somali Success School'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