PHuman ServicesEIN: 432083625· Ruling Year: 2024

Somerville Hispanic Association For Community Development Inc

Somerville, Massachusetts

BHealth Score
64B

Financial Health Score

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

Above Average

💰
$572K
Total Revenue
📊
$169K
Total Expenses
🏦
$1.7M
Net Assets
📋
$289K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+160.1%
Year-over-year change (2020 → 2024)
Net Margin
+70.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
9.89
Net assets divided by total expenses
Liabilities-to-Assets
14.7%
Total liabilities as % of total assets

Filing History

9 filings on record
YearRevenueExpensesAssets
2024$572,044160%$168,677117%$1,957,127107%
2020$219,95445%$77,6345%$943,9255%
2019$399,6724%$73,99516%$897,80712%
2018$384,211180%$88,0416%$1,024,04542%
2017$137,056202%$82,92113%$722,2103%
2016$45,41346%$73,23043%$700,4701%
2015$83,65374%$51,11121%$690,4122%
2014$48,1731533%$64,658181%$700,9964%
2012$2,950$23,042$673,762

Frequently Asked Questions

What does Somerville Hispanic Association For Community Development Inc do?

Somerville Hispanic Association For Community Development Inc is a human services nonprofit organization based in Massachusetts. It is classified under NTEE code P20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Somerville Hispanic Association For Community Development Inc financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Somerville Hispanic Association For Community Development Inc.

How much revenue does Somerville Hispanic Association For Community Development Inc generate?

Somerville Hispanic Association For Community Development Inc reports $298K in annual revenue and holds $2.1M in total assets, based on IRS filings.

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