B — EducationEIN: 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$372,140,972↑15%$355,265,196↑11%$546,057,670↑6%
2022$324,310,430↑10%$320,728,209↑20%$514,166,798↑161%
2021$293,901,770↑17%$266,814,660↑7%$197,106,992↑28%
2020$251,355,560↑12%$249,353,491↑11%$154,096,220↑4%
2019$224,877,351↑15%$224,200,113↑21%$147,831,589↑31%
2018$195,358,388↑22%$185,653,647↑23%$112,671,568↑42%
2017$159,670,507↑8%$150,404,599↑9%$79,316,937↑15%
2016$147,678,429↑10%$137,534,208↑7%$68,779,637↑20%
2015$134,485,846↑9%$128,536,052↑10%$57,122,622↑17%
2014$123,909,678↑27%$116,833,765↑24%$48,733,682↑16%
2013$97,387,113↑13%$94,036,328↑14%$42,120,405↑5%
2012$85,929,597↑13%$82,154,945↑23%$40,094,089↑25%
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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