B โ€” EducationEIN: 223686173ยท Ruling Year: 2003

Somerville Music Boosters Inc

Somerville, New Jersey

B+Health Score
73B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$110K
Total Revenue
๐Ÿ“Š
$91K
Total Expenses
๐Ÿฆ
$94K
Net Assets
๐Ÿ“‹
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+32.6%
Year-over-year change (2023 โ†’ 2024)
Net Margin
+16.9%
Revenue minus expenses as % of revenue

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$109,589โ†‘33%$91,086โ†‘60%$93,850โ†‘25%
2023$82,617โ†‘89%$56,777โ†“32%$75,347โ†‘52%
2022$43,796โ†“13%$83,671โ†‘146%$49,507โ†“45%
2021$50,571โ†‘24%$33,988โ†“26%$89,382โ†‘23%
2020$40,760โ†“58%$45,847โ†“53%$72,799โ†“7%
2019$97,467$97,365โ†‘16%$77,886
2018$97,046โ†“7%$84,209โ†“27%$77,784โ†‘20%
2017$104,896โ†‘3%$114,992โ†‘24%$64,947โ†“13%
2016$101,704โ†“15%$93,075โ†“27%$75,043โ†‘13%
2015$119,356โ†‘31%$127,397โ†‘86%$66,414โ†“11%
2014$91,303โ†“10%$68,454โ†“26%$74,455โ†‘44%
2013$101,238โ†‘16%$92,679โ†‘28%$51,606โ†‘20%
2012$87,623โ†“2%$72,230โ†“17%$43,047โ†‘56%
2011$89,434$86,679$27,654

Frequently Asked Questions

What does Somerville Music Boosters Inc do?โ–ผ

Somerville Music Boosters Inc is a education nonprofit organization based in New Jersey. It is classified under NTEE code B11 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Somerville Music Boosters Inc financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Somerville Music Boosters Inc.

How much revenue does Somerville Music Boosters Inc generate?โ–ผ

Somerville Music Boosters Inc reports $104K in annual revenue and holds $133K in total assets, based on IRS filings.

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Somerville Music Boosters Inc โ€” Somerville, NJ | GiveScope