Somerville High School Scholarship Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 222,237 | 65,258 | 156,979 | 272.3 | 0% |
| 2015 | 364,149 | 104,060 | 260,089 | 200.8 | 0% |
| 2016 | 346,374 | 73,931 | 272,443 | 326.8 | 0% |
| 2017 | 265,633 | 110,775 | 154,858 | 234.9 | 0% |
| 2018 | 51,520 | 158,917 | −107,397 | 155.8 | 0% |
| 2019 | 392,827 | 99,492 | 293,335 | 284.2 | 0% |
| 2020 | 313,613 | 120,445 | 193,168 | 254.0 | 0% |
| 2021 | 510,550 | 148,572 | 361,978 | 235.1 | 0% |
| 2022 | −91,788 | 87,866 | −179,654 | 373.0 | 0% |
| 2023 | 60,279 | 89,818 | −29,539 | 361.0 | 0% |
In its most recent public year (2023), this organization spent $29,539 more than it brought in. Its reserves stood at about 361 months of spending, up from 272.3 in 2014. Staff pay was 0% 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
Somerville High School Scholarship Foundation'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