Soma West Community Benefit District
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,845,085 | 1,755,200 | 2,089,885 | 14.3 | 31% |
| 2021 | 4,095,566 | 3,256,756 | 838,810 | 10.8 | 46% |
| 2022 | 4,015,333 | 3,602,789 | 412,544 | 11.1 | 47% |
| 2023 | 4,610,845 | 3,755,435 | 855,410 | 13.4 | 49% |
In its most recent public year (2023), this organization brought in $855,410 more than it spent. Its reserves stood at about 13.4 months of spending. Staff pay was 49% of spending. $40,000 of its net assets are donor-restricted.
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
Soma West Community Benefit District'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