990 Scout/ Somos INC/ Financials

Financial Information for Somos INC

Somos INC's annual revenue was $2.2M in tax year 2024, reported on their IRS Form 990. They spent $2.2M in total expenses. 90% went to programs and services.

Financial Breakdown

What is Somos INC's total annual expenses?

Somos INC spent $2.2M in tax year 2024, according to their IRS Form 990 filing.

How much of Somos INC's budget goes to programs?

Somos INC spent $2.0M (90% of expenses) on programs and services in tax year 2024.

How much does Somos INC spend on overhead?

Somos INC's overhead in tax year 2024 includes administrative (10%) of their expenses.

What is Somos INC's net worth?

Somos INC had net assets of $657K as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.