Somali American Council Of Oregon
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 938,610 | 598,314 | 340,296 | 7.8 | 10% |
| 2022 | 397,084 | 586,839 | −189,755 | 4.1 | 38% |
| 2023 | 1,138,467 | 898,155 | 240,312 | 6.4 | 47% |
In its most recent public year (2023), this organization brought in $240,312 more than it spent. Its reserves stood at about 6.4 months of spending, down from 7.8 in 2021. Staff pay was 47% 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
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