Charles L Sommers Alumni Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 137,896 | 52,120 | 85,776 | 154.7 | 0% |
| 2021 | 134,764 | 53,559 | 81,205 | 181.4 | 0% |
| 2022 | 135,214 | 57,216 | 77,998 | 166.8 | 0% |
| 2023 | 112,309 | 42,729 | 69,580 | 262.7 | 0% |
In its most recent public year (2023), this organization brought in $69,580 more than it spent. Its reserves stood at about 262.7 months of spending, up from 154.7 in 2020. 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
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