Somerset Hills Learning Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,459,641 | 3,526,710 | −67,069 | 20.5 | 58% |
| 2012 | 3,762,546 | 3,585,988 | 176,558 | 20.7 | 58% |
| 2013 | 3,956,860 | 3,553,875 | 402,985 | 23.0 | 63% |
| 2014 | 4,349,962 | 3,981,242 | 368,720 | 21.7 | 62% |
| 2015 | 4,247,977 | 3,770,606 | 477,371 | 23.2 | 63% |
| 2016 | 4,338,330 | 4,038,091 | 300,239 | 22.3 | 64% |
| 2017 | 5,892,213 | 4,333,305 | 1,558,908 | 25.9 | 64% |
| 2018 | 5,177,869 | 4,915,750 | 262,119 | 23.8 | 64% |
| 2019 | 5,487,563 | 5,433,635 | 53,928 | 21.9 | 62% |
| 2020 | 5,426,960 | 5,532,808 | −105,848 | 21.1 | 52% |
| 2021 | 5,229,689 | 5,514,248 | −284,559 | 21.7 | 57% |
| 2022 | 5,248,084 | 5,606,676 | −358,592 | 19.6 | 62% |
| 2023 | 5,694,050 | 6,155,701 | −461,651 | 16.8 | 58% |
In its most recent public year (2023), this organization spent $461,651 more than it brought in. Its reserves stood at about 16.8 months of spending, down from 20.5 in 2011. Staff pay was 58% of spending. $262,578 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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