Somerset Country Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,326,039 | 2,446,932 | −120,893 | 22.6 | 44% |
| 2012 | 2,654,812 | 2,523,749 | 131,063 | 22.5 | 48% |
| 2013 | 2,660,348 | 2,597,809 | 62,539 | 20.9 | 46% |
| 2014 | 2,985,322 | 2,679,021 | 306,301 | 21.6 | 46% |
| 2015 | 2,561,880 | 2,685,985 | −124,105 | 21.0 | 46% |
| 2016 | 2,598,570 | 2,729,169 | −130,599 | 20.1 | 47% |
| 2017 | 2,753,000 | 2,806,183 | −53,183 | 19.3 | 50% |
| 2018 | 2,621,413 | 2,852,061 | −230,648 | 18.0 | 49% |
| 2019 | 2,764,015 | 3,031,696 | −267,681 | 15.9 | 46% |
| 2020 | 2,317,952 | 2,882,651 | −564,699 | 15.9 | 48% |
| 2021 | 2,443,118 | 3,055,130 | −612,012 | 17.6 | 49% |
| 2022 | 2,688,992 | 3,358,851 | −669,859 | 16.6 | 48% |
| 2023 | 3,133,089 | 3,790,603 | −657,514 | 16.8 | 47% |
In its most recent public year (2023), this organization spent $657,514 more than it brought in. Its reserves stood at about 16.8 months of spending, down from 22.6 in 2011. 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
Somerset Country Club'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