Somerset County Park Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 94,195 | 105,935 | −11,740 | 52.6 | — |
| 2012 | 143,142 | 164,921 | −21,779 | 32.2 | 0% |
| 2013 | 154,083 | 142,287 | 11,796 | 38.3 | 0% |
| 2014 | 136,872 | 201,372 | −64,500 | 23.2 | 0% |
| 2015 | 140,805 | 114,929 | 25,876 | 43.4 | 0% |
| 2017 | 164,807 | 130,131 | 34,676 | 29.6 | 0% |
| 2018 | 170,163 | 124,965 | 45,198 | 35.2 | 0% |
| 2019 | 174,421 | 100,400 | 74,021 | 52.6 | 0% |
| 2020 | 152,284 | 145,629 | 6,655 | 36.8 | 0% |
| 2021 | 214,944 | 116,224 | 98,720 | 56.3 | 0% |
| 2022 | 239,919 | 234,262 | 5,657 | 28.2 | 0% |
| 2023 | 210,544 | 138,119 | 72,425 | 54.2 | 0% |
In its most recent public year (2023), this organization brought in $72,425 more than it spent. Its reserves stood at about 54.2 months of spending, up from 52.6 in 2011. Staff pay was 0% of spending. $289,283 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
Somerset County Park Foundation'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