Somarts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,169,054 | 1,116,026 | 53,028 | 2.3 | 40% |
| 2012 | 1,246,821 | 1,170,045 | 76,776 | 3.0 | 43% |
| 2013 | 1,079,117 | 1,043,669 | 35,448 | 3.8 | 47% |
| 2014 | 1,733,556 | 1,701,447 | 32,109 | 2.6 | 30% |
| 2015 | 2,025,222 | 1,887,873 | 137,349 | 3.2 | 33% |
| 2016 | 1,600,194 | 1,318,653 | 281,541 | 7.1 | 48% |
| 2017 | 1,387,953 | 1,424,427 | −36,474 | 6.3 | 52% |
| 2018 | 1,534,683 | 1,462,865 | 71,818 | 6.7 | 48% |
| 2019 | 1,830,724 | 1,771,224 | 59,500 | 5.9 | 42% |
| 2020 | 1,783,253 | 1,888,436 | −105,183 | 4.9 | 51% |
| 2021 | 1,930,057 | 1,694,463 | 235,594 | 7.1 | 53% |
| 2022 | 2,631,622 | 2,526,077 | 105,545 | 5.3 | 47% |
| 2023 | 3,528,283 | 3,160,783 | 367,500 | 5.6 | 43% |
In its most recent public year (2023), this organization brought in $367,500 more than it spent. Its reserves stood at about 5.6 months of spending, up from 2.3 in 2011. Staff pay was 43% of spending. $923,592 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
Somarts'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