Somerset Hills Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 124,350 | 99,147 | 25,203 | 6.2 | 0% |
| 2012 | 124,650 | 85,832 | 38,818 | 12.6 | 0% |
| 2013 | 112,422 | 106,718 | 5,704 | 10.7 | 0% |
| 2014 | 83,092 | 91,525 | −8,433 | 11.4 | 0% |
| 2015 | 69,062 | 73,709 | −4,647 | 13.4 | 18% |
| 2016 | 112,441 | 90,908 | 21,533 | 11.2 | 0% |
| 2017 | 52,841 | 58,711 | −5,870 | 16.2 | 0% |
| 2018 | 57,424 | 79,283 | −21,859 | 8.7 | 0% |
| 2019 | 12,421 | 31,179 | −18,758 | 14.8 | 0% |
| 2020 | 21,877 | 15,412 | 6,465 | 34.9 | 0% |
| 2021 | 1,759 | 26,763 | −25,004 | 8.9 | 0% |
| 2022 | 1,335 | 1,619 | −284 | 145.1 | 0% |
| 2023 | 8 | 968 | −960 | 230.8 | 0% |
| 2024 | 3,510 | 2,218 | 1,292 | 123.2 | 0% |
In its most recent public year (2024), this organization brought in $1,292 more than it spent. Its reserves stood at about 123.2 months of spending, up from 6.2 in 2011. 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 2024. 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 Hills Education Foundation's IRS filings as a feed — one entry per filing year, through 2024. 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