Foundation Of The Somerville And Bridgewater Rotary Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 26,872 | 21,415 | 5,457 | 139.7 | — |
| 2017 | 14,004 | 22,180 | −8,176 | 139.7 | — |
| 2018 | 42,048 | 26,489 | 15,559 | 122.8 | — |
| 2019 | 48,252 | 28,262 | 19,990 | 127.8 | — |
| 2020 | −7,752 | 20,860 | −28,612 | 164.0 | — |
| 2021 | 21,624 | 15,060 | 6,564 | 278.0 | — |
In its most recent public year (2021), this organization brought in $6,564 more than it spent. Its reserves stood at about 278 months of spending, up from 139.7 in 2016.
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 2021. 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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