Somerville Teachers Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 135,049 | 137,581 | −2,532 | 9.5 | — |
| 2016 | 145,253 | 146,063 | −810 | 8.9 | — |
| 2017 | 130,312 | 145,482 | −15,170 | 7.7 | — |
| 2018 | 150,467 | 143,920 | 6,547 | 8.3 | — |
| 2019 | 105,713 | 89,955 | 15,758 | 15.4 | — |
| 2020 | 186,595 | 143,803 | 42,792 | 13.2 | — |
| 2021 | 147,645 | 123,919 | 23,726 | 17.6 | — |
| 2022 | 91,681 | 156,398 | −64,717 | 9.0 | — |
| 2023 | 142,249 | 164,830 | −22,581 | 6.9 | — |
| 2024 | 195,841 | 154,615 | 41,226 | 10.5 | — |
In its most recent public year (2024), this organization brought in $41,226 more than it spent. Its reserves stood at about 10.5 months 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
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