Somerset County Commission On Aging Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 608,765 | 608,765 | 0 | 1.4 | 41% |
| 2013 | 544,355 | 544,355 | 0 | 1.6 | 41% |
| 2014 | 550,049 | 550,049 | 0 | 1.6 | 40% |
| 2015 | 585,073 | 585,073 | 0 | 1.5 | 39% |
| 2016 | 553,880 | 553,880 | 0 | 1.6 | 40% |
| 2017 | 680,767 | 680,767 | 0 | 1.3 | 40% |
| 2018 | 720,154 | 677,387 | 42,767 | 1.6 | 42% |
| 2019 | 761,199 | 690,834 | 70,365 | 3.3 | 42% |
| 2020 | 665,132 | 591,356 | 73,776 | 6.4 | 0% |
| 2022 | 770,596 | 642,148 | 128,448 | 12.6 | 34% |
| 2023 | 797,864 | 686,410 | 111,454 | 13.8 | 35% |
In its most recent public year (2023), this organization brought in $111,454 more than it spent. Its reserves stood at about 13.8 months of spending, up from 1.4 in 2012. Staff pay was 35% 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
Somerset County Commission On Aging Inc's IRS filings as a feed — one entry per filing year, through 2023. 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