Somerville-Cambridge Elder Services Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 19,191,069 | 18,510,709 | 680,360 | 4.7 | 24% |
| 2013 | 21,034,358 | 20,070,529 | 963,829 | 5.0 | 24% |
| 2014 | 26,370,847 | 24,818,672 | 1,552,175 | 4.9 | 22% |
| 2015 | 31,237,451 | 30,071,426 | 1,166,025 | 4.5 | 20% |
| 2016 | 33,797,722 | 32,729,892 | 1,067,830 | 4.5 | 19% |
| 2017 | 36,978,175 | 35,689,579 | 1,288,596 | 4.7 | 18% |
| 2018 | 36,526,384 | 35,783,290 | 743,094 | 4.9 | 19% |
| 2019 | 38,344,154 | 38,299,029 | 45,125 | 4.6 | 19% |
| 2020 | 38,675,079 | 38,258,746 | 416,333 | 4.8 | 19% |
| 2021 | 36,599,591 | 34,709,585 | 1,890,006 | 6.1 | 22% |
| 2022 | 36,932,292 | 37,434,196 | −501,904 | 5.2 | 22% |
| 2023 | 37,413,945 | 36,793,699 | 620,246 | 5.6 | 22% |
In its most recent public year (2023), this organization brought in $620,246 more than it spent. Its reserves stood at about 5.6 months of spending. Staff pay was 22% of spending. $24,107 of its net assets are donor-restricted.
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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