Somerset Christian School Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 751,497 | 765,935 | −14,438 | 1.4 | 0% |
| 2020 | 355,557 | 360,699 | −5,142 | 2.9 | 0% |
| 2021 | 680,627 | 236,088 | 444,539 | 27.0 | 28% |
| 2022 | 181,881 | 696,154 | −514,273 | 0.3 | 9% |
| 2023 | 500,367 | 464,590 | 35,777 | 1.3 | 0% |
| 2024 | 208,700 | 253,780 | −45,080 | 0.3 | 0% |
In its most recent public year (2024), this organization spent $45,080 more than it brought in. Its reserves stood at about 0.3 months of spending, down from 1.4 in 2019. 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
Somerset Christian School Foundation 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