BEducationEIN: 275393412

Somerset Academy of Las Vegas

N Las Vegas, Nevada

CHealth Score
42C

Financial Health Score

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

Below Average

How This Organization Compares

Compared to 492 peers in Education with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org-0.07×
Peer Median1.96×
💰
$88.5M
Total Revenue
📊
$93.9M
Total Expenses
🏦
-$6.5M
Net Assets
📋
$217.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+6.2%
Year-over-year change (2022 → 2023)
Net Margin
-6.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.07
Net assets divided by total expenses
Liabilities-to-Assets
103.1%
Total liabilities as % of total assets

Filing History

9 filings on record
YearRevenueExpensesAssets
2023$88,528,7716%$93,898,60820%$211,332,3312%
2022$83,363,8695%$77,977,405$206,607,3057%
2021$79,621,4435%$78,010,8184%$192,795,06527%
2020$76,063,39512%$74,989,24211%$151,692,2066%
2019$67,734,35430%$67,469,33629%$143,377,80917%
2018$52,196,54111%$52,197,6108%$122,860,87674%
2017$46,982,16318%$48,301,08823%$70,461,12119%
2016$39,660,97626%$39,377,99631%$59,319,87814%
2015$31,494,002$30,039,140$51,827,280

Frequently Asked Questions

What does Somerset Academy of Las Vegas do?

Somerset Academy of Las Vegas is a education nonprofit organization based in Nevada. It is classified under NTEE code B25 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Somerset Academy of Las Vegas financially healthy?

Based on our 9-metric Financial Health Score model, Somerset Academy of Las Vegas has a score of 42/100 (Grade: C). 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 Somerset Academy of Las Vegas generate?

Somerset Academy of Las Vegas reports $111.6M in annual revenue and holds $213.9M in total assets, based on IRS filings.

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