Somerville Community Land Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 270,297 | 286,963 | −16,666 | 0.8 | 18% |
| 2023 | 57,238 | 217,626 | −160,388 | -7.7 | 42% |
In its most recent public year (2023), this organization spent $160,388 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-7.7 months), down from 0.8 in 2022. Staff pay was 42% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works