Somerville Hispanic Association For Community Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 2,950 | 23,042 | −20,092 | 107.9 | — |
| 2014 | 48,173 | 64,658 | −16,485 | 47.6 | 19% |
| 2015 | 83,653 | 51,111 | 32,542 | 60.7 | 22% |
| 2016 | 45,413 | 73,230 | −27,817 | 46.2 | 24% |
| 2017 | 137,056 | 82,921 | 54,135 | 46.0 | 25% |
| 2018 | 384,211 | 88,041 | 296,170 | 86.4 | 42% |
| 2019 | 399,672 | 73,995 | 325,677 | 81.2 | 16% |
| 2020 | 219,954 | 77,634 | 142,320 | 91.3 | 41% |
| 2024 | 572,044 | 168,677 | 403,367 | 118.7 | 0% |
In its most recent public year (2024), this organization brought in $403,367 more than it spent. Its reserves stood at about 118.7 months of spending, up from 107.9 in 2012. 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 2024. 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 Hispanic Association For Community Development Inc's IRS filings as a feed — one entry per filing year, through 2024. 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