LHousing & ShelterEIN: 810684291· Ruling Year: 2016

Sommerset Neighborhood Incorporated

Oklahoma City, Oklahoma

DHealth Score
30D

Financial Health Score

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

Poor

💰
$5.2M
Total Revenue
📊
$6.3M
Total Expenses
🏦
-$2.5M
Net Assets
📋
$15.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+23.5%
Year-over-year change (2022 → 2023)
Net Margin
-23.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.40
Net assets divided by total expenses
Liabilities-to-Assets
119.5%
Total liabilities as % of total assets

Filing History

7 filings on record
YearRevenueExpensesAssets
2023$5,156,99623%$6,341,65516%$13,075,9144%
2022$4,175,71315%$5,471,3204%$13,657,8554%
2021$4,904,2062%$5,272,595$14,192,3774%
2020$4,981,3702%$5,284,8193%$14,819,8464%
2019$5,074,4074%$5,110,8562%$15,438,7161%
2018$4,899,83112%$5,002,50421%$15,655,7372%
2017$4,362,350$4,150,650$15,898,418

Frequently Asked Questions

What does Sommerset Neighborhood Incorporated do?

Sommerset Neighborhood Incorporated is a housing & shelter nonprofit organization based in Oklahoma. It is classified under NTEE code L22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Sommerset Neighborhood Incorporated financially healthy?

Based on our 9-metric Financial Health Score model, Sommerset Neighborhood Incorporated has a score of 30/100 (Grade: D). 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 Sommerset Neighborhood Incorporated generate?

Sommerset Neighborhood Incorporated reports $2.9M in annual revenue and holds $12.9M in total assets, based on IRS filings.

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