Somerset Academy Foundation Inc
Pembroke Pnes, Florida
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
10 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $3,493,383↑97% | $1,809,414↑24% | $31,810,445↑9% | |
| 2022 | $1,771,098↑30% | $1,454,136↑43% | $29,085,662↑63% | — |
| 2021 | $1,359,200↓2% | $1,016,808↓1% | $17,885,809↑1% | — |
| 2020 | $1,389,607↑25% | $1,029,068↓18% | $17,789,167 | — |
| 2019 | $1,111,991↑138% | $1,262,386↑574% | $17,717,921↑134% | — |
| 2018 | $466,933↑17% | $187,181↓50% | $7,573,755↑4% | — |
| 2017 | $399,446↑7889% | $372,328↑15369% | $7,313,933↑42672% | — |
| 2016 | $5,000 | $2,407 | $17,100↑5488% | — |
| 2015 | $0↓100% | $0↓100% | $306 | — |
| 2014 | $238 | $493 | $306 | — |
Frequently Asked Questions
What does Somerset Academy Foundation Inc do?▼
Somerset Academy Foundation Inc is a education nonprofit organization based in Florida. It is classified under NTEE code B11 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Somerset Academy Foundation Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Somerset Academy Foundation Inc has a score of 65/100 (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 Foundation Inc generate?▼
Somerset Academy Foundation Inc reports $3.2M in annual revenue and holds $34.1M in total assets, based on IRS filings.