Somerset Elementary School Educational Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 29,782 | 75,355 | −45,573 | 11.3 | — |
| 2013 | 32,143 | 51,458 | −19,315 | 12.0 | — |
| 2014 | 30,451 | 26,356 | 4,095 | 25.4 | — |
| 2015 | 39,820 | 32,294 | 7,526 | 23.5 | — |
| 2016 | 500,104 | 21,902 | 478,202 | 296.7 | 0% |
| 2017 | 33,989 | 467,576 | −433,587 | 2.8 | 0% |
| 2018 | 60,038 | 48,322 | 11,716 | 29.7 | 0% |
| 2019 | 71,507 | 45,680 | 25,827 | 38.2 | 0% |
| 2020 | 71,584 | 56,895 | 14,689 | 33.8 | 0% |
| 2021 | 58,893 | 59,823 | −930 | 31.9 | 0% |
| 2022 | 42,988 | 36,380 | 6,608 | 54.7 | 0% |
| 2023 | 36,657 | 16,610 | 20,047 | 134.2 | — |
In its most recent public year (2023), this organization brought in $20,047 more than it spent. Its reserves stood at about 134.2 months of spending, up from 11.3 in 2012.
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
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