Somali American Community
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 51,438 | 42,840 | 8,598 | 2.4 | — |
| 2017 | 135,780 | 87,201 | 48,579 | 7.9 | — |
| 2018 | 105,246 | 103,756 | 1,490 | 5.9 | — |
| 2019 | 69,529 | 93,479 | −23,950 | 3.4 | — |
| 2020 | 226,391 | 205,294 | 21,097 | 2.0 | 4% |
| 2021 | 699,510 | 696,390 | 3,120 | 0.6 | 10% |
| 2022 | 226,160 | 258,396 | −32,236 | 0.2 | 29% |
In its most recent public year (2022), this organization spent $32,236 more than it brought in. Its reserves stood at about 0.2 months of spending, down from 2.4 in 2016. Staff pay was 29% 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 2022. 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
Somali American Community's IRS filings as a feed — one entry per filing year, through 2022. 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