Somerset County Bar Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 95,595 | 86,896 | 8,699 | 33.2 | — |
| 2012 | 84,778 | 73,917 | 10,861 | 40.8 | — |
| 2013 | 90,153 | 97,312 | −7,159 | 30.1 | — |
| 2014 | 104,118 | 71,015 | 33,103 | 46.9 | — |
| 2015 | 100,037 | 83,468 | 16,569 | 42.3 | — |
| 2016 | 114,795 | 99,903 | 14,892 | 37.1 | — |
| 2017 | 98,369 | 96,403 | 1,966 | 38.7 | — |
| 2018 | 110,641 | 101,301 | 9,340 | 37.9 | — |
| 2019 | 87,315 | 90,869 | −3,554 | 41.8 | — |
| 2020 | 82,160 | 73,043 | 9,117 | 53.5 | — |
| 2021 | 69,198 | 68,317 | 881 | 57.4 | — |
| 2022 | 69,190 | 82,394 | −13,204 | 51.6 | — |
| 2023 | 76,458 | 81,317 | −4,859 | 45.9 | — |
In its most recent public year (2023), this organization spent $4,859 more than it brought in. Its reserves stood at about 45.9 months of spending, up from 33.2 in 2011.
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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