Somerville Teachers Scholarship Fun D Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 2,287 | 2,550 | −263 | 596.6 | — |
| 2015 | 3,620 | 4,624 | −1,004 | 326.4 | — |
| 2016 | 3,173 | 5,517 | −2,344 | 268.5 | — |
| 2017 | 6,790 | 4,117 | 2,673 | 367.5 | — |
| 2019 | 16,016 | 9,035 | 6,981 | 174.1 | — |
| 2020 | 8,159 | 16,190 | −8,031 | 91.2 | — |
In its most recent public year (2020), this organization spent $8,031 more than it brought in. Its reserves stood at about 91.2 months of spending, down from 596.6 in 2014.
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 2020. 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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