Somerset Foundation Inc
Somerset, Kentucky
BHealth Score
59B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$1.1M
Total Revenue
📊
$377K
Total Expenses
🏦
$868K
Net Assets
📋
$196K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+215.3%
Year-over-year change (2022 → 2023)
Net Margin
+64.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.30
Net assets divided by total expenses
Liabilities-to-Assets
18.4%
Total liabilities as % of total assets
Filing History
8 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,063,355↑215% | $377,216↓8% | $1,064,288↑173% | — |
| 2022 | $337,250↓2% | $408,155 | $390,265↓17% | — |
| 2021 | $343,628↑40% | $406,705↑34% | $472,776↑48% | — |
| 2020 | $245,374↓17% | $303,172↓24% | $320,224↓15% | — |
| 2019 | $296,846↑10% | $401,127↑61% | $378,022↑1167% | — |
| 2015 | $269,769↑68% | $249,618↑63% | $29,827↑208% | — |
| 2014 | $160,492↑4660% | $153,163↑14843% | $9,676↑312% | — |
| 2013 | $3,372 | $1,025 | $2,347 | — |
Frequently Asked Questions
What does Somerset Foundation Inc do?▼
Somerset Foundation Inc is a human services nonprofit organization based in Kentucky. It is classified under NTEE code P40 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Somerset Foundation Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Somerset Foundation Inc.
How much revenue does Somerset Foundation Inc generate?▼
Revenue data for Somerset Foundation Inc is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.
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