Community Action Agency Of Somerville Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 6,840,836 | 6,398,082 | 442,754 | 3.0 | 42% |
| 2021 | 6,600,399 | 6,767,746 | −167,347 | 2.5 | 47% |
| 2022 | 9,077,292 | 8,654,534 | 422,758 | 2.5 | 45% |
| 2023 | 9,707,681 | 9,340,150 | 367,531 | 2.8 | 50% |
In its most recent public year (2023), this organization brought in $367,531 more than it spent. Its reserves stood at about 2.8 months of spending. Staff pay was 50% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works