Youth Development
(O50)
IRS Verified
DX Registered
990 on File
SOMERVILLE YOUTH AND RECREATION FOUNDATION
Financial strength (30%)
76/100
Reliability (20%)
50/100
Effectiveness (25%)
51/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
This foundation is formed exclusively for youth charitable purposes. The principle objective is to elicit funding through solicitation, grant writing and fund raising to support the immediate needs of the youth in Somerville by providing the youth with opportunities that address their activity needs, interest and aspiration’s for the future. The youth of Somerville need educational and sporting programs to help foster and nurture their growth.
Financial Overview — FY 2024
$14K
Total Revenue
$8K
Total Expenses
$57K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
94.6%
Fundraising Efficiency
0.0%
Operating Reserve
81.91x
Liability-to-Asset
N/A
Revenue Diversification
76.0%
Compared with Peers
FY 2024
Compared with 3,698 similar organizations
(United States, Youth Development, under $100K in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
94.6% | 85.6% |
P10P90
|
Above median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 42.5% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
81.9 mo | 11.3 mo |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
76.0% | 99.4% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
32.8% | -0.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
601.3% | -0.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
42.2% | 8.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $14K | $8K | $57K | 94.6% | — |
| 2023 | $11K | $1K | $51K | 394.8% | — |
| 2022 | $7K | $8K | $41K | 100.0% | — |
| 2021 | $7K | $2K | N/A | — | 1 |
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