Somerset Community College Foundation Inc
Somerset, Kentucky
B+Health Score
67B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$444K
Total Revenue
📊
$339K
Total Expenses
🏦
$989K
Net Assets
📋
$4K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+34.8%
Year-over-year change (2023 → 2024)
Net Margin
+23.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.92
Net assets divided by total expenses
Liabilities-to-Assets
0.4%
Total liabilities as % of total assets
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $443,892↑35% | $339,010↓26% | $993,196↑12% | |
| 2023 | $329,399↓8% | $459,704↑76% | $889,002↓13% | — |
| 2022 | $358,169↑198% | $261,870↑24% | $1,018,619↑10% | — |
| 2021 | $120,129↓63% | $210,388↓6% | $922,170↓9% | — |
| 2020 | $322,261↑217% | $224,504↑452% | $1,012,429↑11% | — |
| 2019 | $101,782↓5% | $40,697↓2% | $914,672↑7% | — |
| 2018 | $107,149↑39% | $41,639↓72% | $853,587↑8% | — |
| 2017 | $76,986↓30% | $146,266↑182% | $788,089↓8% | — |
| 2016 | $109,441↓41% | $51,938↓87% | $858,431↑6% | — |
| 2015 | $185,428↓40% | $410,091↑893% | $811,048↓21% | — |
| 2014 | $307,635↓7% | $41,308↑132% | $1,024,417↑35% | — |
| 2013 | $329,944↑1533% | $17,821↑3% | $758,633↑70% | — |
| 2012 | $20,206↓27% | $17,268↓14% | $445,918↑1% | — |
| 2011 | $27,503 | $20,157 | $443,030 | — |
Frequently Asked Questions
What does Somerset Community College Foundation Inc do?▼
Somerset Community College Foundation Inc is a education nonprofit organization based in Kentucky. It is classified under NTEE code B024 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Somerset Community College Foundation Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Somerset Community College Foundation Inc.
How much revenue does Somerset Community College Foundation Inc generate?▼
Somerset Community College Foundation Inc reports $380K in annual revenue and holds $1.1M in total assets, based on IRS filings.