Somali American Parent Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 63,340 | 77,599 | −14,259 | 0.1 | 29% |
| 2011 | 85,500 | 85,500 | 0 | 0.0 | 0% |
| 2012 | 282,451 | 230,778 | 51,673 | 2.5 | 34% |
| 2013 | 271,232 | 290,484 | −19,252 | 1.3 | 35% |
| 2014 | 273,146 | 268,982 | 4,164 | 1.5 | 39% |
| 2015 | 533,422 | 452,637 | 80,785 | 3.1 | 39% |
| 2016 | 559,768 | 552,657 | 7,111 | 2.7 | 40% |
| 2017 | 468,492 | 517,513 | −49,021 | 1.7 | 39% |
| 2018 | 199,436 | 240,301 | −40,865 | 1.6 | 48% |
| 2019 | 78,559 | 87,029 | −8,470 | 3.3 | 20% |
| 2020 | 193,289 | 208,513 | −15,224 | 0.5 | 12% |
| 2021 | 216,642 | 155,316 | 61,326 | 5.4 | 20% |
| 2022 | 105,968 | 169,486 | −63,518 | 0.5 | 63% |
In its most recent public year (2022), this organization spent $63,518 more than it brought in. Its reserves stood at about 0.5 months of spending. Staff pay was 63% 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 2022. 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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