Somali Bantu Community Association Of Maine
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 13,767 | 13,767 | 0 | 12.0 | — |
| 2012 | 22,609 | 22,609 | 0 | 12.0 | — |
| 2013 | 53,540 | 50,485 | 3,055 | 10.2 | 18% |
| 2015 | 85,530 | 59,467 | 26,063 | 7.5 | 83% |
| 2016 | 150,029 | 124,747 | 25,282 | 4.8 | 26% |
| 2017 | 260,905 | 249,153 | 11,752 | 3.0 | 17% |
| 2018 | 322,921 | 260,366 | 62,555 | 6.0 | 41% |
| 2019 | 330,402 | 313,019 | 17,383 | 6.8 | 30% |
| 2020 | 720,233 | 413,679 | 306,554 | 13.9 | 35% |
| 2021 | 720,624 | 641,195 | 79,429 | 10.4 | 50% |
| 2022 | 1,214,573 | 798,744 | 415,829 | 14.9 | 54% |
| 2023 | 801,291 | 897,074 | −95,783 | 12.0 | 58% |
In its most recent public year (2023), this organization spent $95,783 more than it brought in. Its reserves stood at about 12 months of spending. Staff pay was 58% 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 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
Somali Bantu Community Association Of Maine's IRS filings as a feed — one entry per filing year, through 2023. 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