Somang Society
Cypress, California
B-Health Score
49B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
💰
$653K
Total Revenue
📊
$781K
Total Expenses
🏦
$342K
Net Assets
📋
$3K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-23.0%
Year-over-year change (2022 → 2023)
Net Margin
-19.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.44
Net assets divided by total expenses
Liabilities-to-Assets
0.8%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $652,999↓23% | $780,832↓2% | $344,533↓28% | — |
| 2022 | $848,484↑5% | $793,922↑36% | $478,700↑14% | — |
| 2021 | $808,915↑58% | $583,726↑5% | $420,628↑91% | — |
| 2020 | $513,029↓14% | $557,964↓5% | $220,601↓7% | — |
| 2019 | $595,012↑15% | $589,294↑21% | $237,791↑3% | — |
| 2018 | $515,659↑12% | $488,092↑51% | $230,342↑14% | — |
| 2017 | $460,595↑66% | $323,010↑15% | $201,496↑215% | — |
| 2016 | $278,078↑80% | $281,530↑47% | $63,908↓5% | — |
| 2015 | $154,700↓41% | $191,677↓25% | $67,360↓35% | — |
| 2014 | $262,061↓20% | $256,026↓2% | $104,337↑6% | — |
| 2013 | $328,295↑97% | $262,279↑81% | $98,300↑204% | — |
| 2012 | $167,071↑140% | $144,980↑70% | $32,286↑217% | — |
| 2011 | $69,603 | $85,144 | $10,196 | — |
Frequently Asked Questions
What does Somang Society do?▼
Somang Society is a education nonprofit organization based in California. It is classified under NTEE code B990 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Somang Society financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Somang Society.
How much revenue does Somang Society generate?▼
Somang Society reports $649K in annual revenue and holds $352K in total assets, based on IRS filings.
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