Somerville Elks Charitable Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 276,774 | 218,253 | 58,521 | 7.8 | 0% |
| 2014 | 196,931 | 191,796 | 5,135 | 9.2 | 0% |
| 2015 | 272,487 | 210,614 | 61,873 | 11.9 | 0% |
| 2016 | 190,014 | 188,940 | 1,074 | 13.3 | 0% |
| 2017 | 332,734 | 237,809 | 94,925 | 15.4 | 0% |
| 2018 | 276,613 | 244,312 | 32,301 | 15.9 | 0% |
| 2019 | 188,965 | 167,833 | 21,132 | 25.3 | 0% |
| 2020 | 174,654 | 217,360 | −42,706 | 17.1 | 0% |
| 2021 | 66,134 | 106,835 | −40,701 | 30.3 | 0% |
| 2022 | 163,538 | 123,536 | 40,002 | 33.0 | 0% |
| 2023 | 172,980 | 153,736 | 19,244 | 26.8 | 0% |
| 2024 | 179,797 | 58,882 | 120,915 | 58.9 | — |
In its most recent public year (2024), this organization brought in $120,915 more than it spent. Its reserves stood at about 58.9 months of spending, up from 7.8 in 2013.
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 Elks Charitable Trust'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