Somercor 504 Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,105,243 | 4,291,049 | 814,194 | 32.7 | 31% |
| 2012 | 6,760,878 | 7,086,116 | −325,238 | 19.3 | 51% |
| 2013 | 6,483,445 | 5,803,950 | 679,495 | 24.9 | 58% |
| 2014 | 6,803,387 | 5,295,720 | 1,507,667 | 30.7 | 58% |
| 2015 | 4,502,693 | 4,750,101 | −247,408 | 32.9 | 52% |
| 2016 | 6,787,116 | 4,376,189 | 2,410,927 | -1.6 | 51% |
| 2017 | 5,573,177 | 4,661,137 | 912,040 | 0.8 | 54% |
| 2018 | 4,995,557 | 4,858,700 | 136,857 | 1.1 | 55% |
| 2019 | 5,325,040 | 4,920,583 | 404,457 | 2.1 | 54% |
| 2020 | 11,879,907 | 11,310,880 | 569,027 | 1.5 | 27% |
| 2021 | 5,498,037 | 5,281,761 | 216,276 | 3.8 | 31% |
| 2022 | 6,752,112 | 6,503,263 | 248,849 | 3.5 | 62% |
| 2023 | 7,033,646 | 6,409,215 | 624,431 | 4.7 | 65% |
In its most recent public year (2023), this organization brought in $624,431 more than it spent. Its reserves stood at about 4.7 months of spending, down from 32.7 in 2011. Staff pay was 65% 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
Somercor 504 Inc'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