990 Scout/ Sommfoundation/ Financials

Financial Information for Sommfoundation

Sommfoundation's annual revenue was $402K in tax year 2024, reported on their IRS Form 990. They spent $440K in total expenses. 45% went to programs and services.

Financial Breakdown

What is Sommfoundation's total annual expenses?

Sommfoundation spent $440K in tax year 2024, according to their IRS Form 990 filing.

How much of Sommfoundation's budget goes to programs?

Sommfoundation spent $198K (45% of expenses) on programs and services in tax year 2024.

How much does Sommfoundation spend on overhead?

Sommfoundation's overhead in tax year 2024 includes administrative (50%) and fundraising (5%) of their expenses.

What is Sommfoundation's net worth?

Sommfoundation had net assets of $181K 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.