S โ€” Community Improvement & Capacity BuildingEIN: 237293380ยท Ruling Year: 1974

Somerville Community Corporation Inc

Somerville, Massachusetts

CHealth Score
36C

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Below Average

๐Ÿ’ฐ
$4.7M
Total Revenue
๐Ÿ“Š
$5.5M
Total Expenses
๐Ÿฆ
-$4.1M
Net Assets
๐Ÿ“‹
$57.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+3.7%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-18.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.73
Net assets divided by total expenses
Liabilities-to-Assets
107.6%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$4,659,958โ†‘4%$5,521,151โ†“1%$53,175,984โ†‘2%
2022$4,494,144โ†‘1%$5,552,334โ†‘13%$52,165,073โ†‘1%
2021$4,458,191โ†‘14%$4,934,157โ†“1%$51,767,893โ†“10%
2020$3,894,227โ†‘20%$4,990,188โ†‘16%$57,620,146โ†‘31%
2019$3,253,851โ†‘5%$4,289,623โ†‘17%$43,978,841โ†‘33%
2018$3,084,373โ†‘51%$3,677,371โ†‘37%$33,134,111โ†‘15%
2017$2,042,733โ†“35%$2,674,631โ†“2%$28,767,562โ†‘105%
2016$3,161,642โ†‘29%$2,724,488โ†‘2%$14,028,008โ†‘50%
2015$2,451,808โ†‘1%$2,682,769โ†‘14%$9,367,048โ†“18%
2014$2,432,347โ†‘25%$2,349,812โ†‘2%$11,440,460โ†‘22%
2013$1,944,987โ†“11%$2,299,146โ†‘9%$9,405,559โ†“3%
2012$2,175,520โ†‘101%$2,101,463โ†‘136%$9,669,383โ†‘11%
2011$1,083,885โ†“58%$889,045โ†“60%$8,692,182โ†‘5%
2011$2,582,102$2,217,605$8,311,232

Frequently Asked Questions

What does Somerville Community Corporation Inc do?โ–ผ

Somerville Community Corporation Inc is a community improvement & capacity building nonprofit organization based in Massachusetts. It is classified under NTEE code S200 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Somerville Community Corporation Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Somerville Community Corporation Inc has a score of 36/100 (Grade: C). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Somerville Community Corporation Inc generate?โ–ผ

Somerville Community Corporation Inc reports $5.8M in annual revenue and holds $54.0M in total assets, based on IRS filings.

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Somerville Community Corporation Inc โ€” Somerville, MA | GiveScope