BEducationEIN: 311569428

Somerset Academy INC

San Antonio, Texas

BHealth Score
58B

Financial Health Score

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

Above Average

How This Organization Compares

Compared to 492 peers in Education with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.34×
Peer Median1.96×
💰
$372.1M
Total Revenue
📊
$355.3M
Total Expenses
🏦
$121.1M
Net Assets
📋
$425.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+14.7%
Year-over-year change (2022 → 2023)
Net Margin
+4.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.34
Net assets divided by total expenses
Liabilities-to-Assets
77.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$372,140,97215%$355,265,19611%$546,057,6706%
2022$324,310,43010%$320,728,20920%$514,166,798161%
2021$293,901,77017%$266,814,6607%$197,106,99228%
2020$251,355,56012%$249,353,49111%$154,096,2204%
2019$224,877,35115%$224,200,11321%$147,831,58931%
2018$195,358,38822%$185,653,64723%$112,671,56842%
2017$159,670,5078%$150,404,5999%$79,316,93715%
2016$147,678,42910%$137,534,2087%$68,779,63720%
2015$134,485,8469%$128,536,05210%$57,122,62217%
2014$123,909,67827%$116,833,76524%$48,733,68216%
2013$97,387,11313%$94,036,32814%$42,120,4055%
2012$85,929,59713%$82,154,94523%$40,094,08925%
2011$76,058,142$66,691,428$32,154,832

Frequently Asked Questions

What does Somerset Academy INC do?

Somerset Academy INC is a education nonprofit organization based in Texas. It is classified under NTEE code B20Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Somerset Academy INC financially healthy?

Based on our 9-metric Financial Health Score model, Somerset Academy INC has a score of 58/100 (Grade: B). 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 Somerset Academy INC generate?

Somerset Academy INC reports $498.4M in annual revenue and holds $640.9M in total assets, based on IRS filings.

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