Downtown Somerville Alliance
Somerville, New Jersey
CHealth Score
37C
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Below Average
๐ฐ
$954K
Total Revenue
๐
$1.0M
Total Expenses
๐ฆ
-$182K
Net Assets
๐
$182K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+13.9%
Year-over-year change (2022 โ 2023)
Net Margin
-6.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.18
Net assets divided by total expenses
Filing History
5 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $953,932โ14% | $1,020,042โ6% | $0โ100% | โ |
| 2022 | $837,571โ33% | $965,996โ9% | $54,000โ30% | โ |
| 2021 | $629,582โ4% | $887,338โ21% | $77,655โ75% | โ |
| 2020 | $605,966โ43% | $734,021โ12% | $309,888โ22% | โ |
| 2019 | $1,056,236 | $658,293 | $397,943 | โ |
Frequently Asked Questions
What does Downtown Somerville Alliance do?โผ
Downtown Somerville Alliance is a community improvement & capacity building nonprofit organization based in New Jersey. It is classified under NTEE code S31 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Downtown Somerville Alliance financially healthy?โผ
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Downtown Somerville Alliance.
How much revenue does Downtown Somerville Alliance generate?โผ
Downtown Somerville Alliance reports $975K in annual revenue and holds $112K in total assets, based on IRS filings.
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