Somang Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 69,603 | 85,144 | −15,541 | 1.4 | 11% |
| 2012 | 167,071 | 144,980 | 22,091 | 2.7 | 14% |
| 2013 | 328,295 | 262,279 | 66,016 | 4.5 | 7% |
| 2014 | 262,061 | 256,026 | 6,035 | 4.9 | 7% |
| 2015 | 154,700 | 191,677 | −36,977 | 4.2 | 8% |
| 2016 | 278,078 | 281,530 | −3,452 | 2.7 | 12% |
| 2017 | 460,595 | 323,010 | 137,585 | 7.5 | 29% |
| 2018 | 515,659 | 488,092 | 27,567 | 5.6 | 23% |
| 2019 | 595,012 | 589,294 | 5,718 | 4.8 | 24% |
| 2020 | 513,029 | 557,964 | −44,935 | 4.1 | 24% |
| 2021 | 808,915 | 583,726 | 225,189 | 8.5 | 31% |
| 2022 | 848,484 | 793,922 | 54,562 | 7.1 | 19% |
| 2023 | 652,999 | 780,832 | −127,833 | 5.3 | 17% |
In its most recent public year (2023), this organization spent $127,833 more than it brought in. Its reserves stood at about 5.3 months of spending, up from 1.4 in 2011. Staff pay was 17% 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
Somang Society'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