Somerset Parent Teacher Association Of Bellevue Washington
EIN: 910977239 · Bellevue, WA · NTEE: B94
| Metric | Value |
|---|---|
| Total Revenue | $422K |
| Total Expenses | $432K |
| Net Assets | $276K |
Is Somerset Parent Teacher Association Of Bellevue Washington Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Somerset Parent Teacher Association Of Bellevue Washington
Somerset Parent Teacher Association Of Bellevue Washington (EIN: 910977239) is a nonprofit organization based in Bellevue, WA, classified under NTEE code B94. The organization reported total revenue of $422K and total assets of $276K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Somerset Parent Teacher Association Of Bellevue Washington's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Somerset Parent Teacher Association Of Bellevue Washington is a small nonprofit that has been operating for 32 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 6.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $421K |
| Total Expenses | $432K |
| Surplus / Deficit | $-11,163 |
| Total Assets | $276K |
| Net Assets | $276K |
| Operating Margin | -2.7% |
| Months of Reserves | 7.7 months |
Financial Health Grade: B
In 2024, Somerset Parent Teacher Association Of Bellevue Washington reported a deficit of $11K with expenses exceeding revenue, holds 7.7 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), Somerset Parent Teacher Association Of Bellevue Washington's revenue has grown at a compound annual growth rate (CAGR) of 6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +82.4% | +96.8% | -4.0% |
| 2023 | -12.5% | -3.7% | +4.2% |
| 2022 | +73.5% | -2.8% | +14.8% |
| 2021 | -33.9% | -13.9% | -25.5% |
| 2020 | -40.7% | -9.7% | -11.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Somerset Parent Teacher Association Of Bellevue Washington has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Somerset Parent Teacher Association Of Bellevue Washington with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $11K, with expenses exceeding revenue.
Frequently Asked Questions about Somerset Parent Teacher Association Of Bellevue Washington
Is Somerset Parent Teacher Association Of Bellevue Washington a legitimate charity?
Based on AI analysis of IRS 990 filings, Somerset Parent Teacher Association Of Bellevue Washington (EIN: 910977239) insufficient data. 0 red flags identified, 0 strengths noted.
How does Somerset Parent Teacher Association Of Bellevue Washington spend its money?
Detailed spending breakdown data is not yet available for Somerset Parent Teacher Association Of Bellevue Washington. Check back for updated IRS 990 analysis.
Are donations to Somerset Parent Teacher Association Of Bellevue Washington tax-deductible?
Somerset Parent Teacher Association Of Bellevue Washington is registered as a tax-exempt nonprofit (EIN: 910977239). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Somerset Parent Teacher Association Of Bellevue Washington located?
Somerset Parent Teacher Association Of Bellevue Washington is headquartered in Bellevue, Washington and files with the IRS under EIN 910977239. It is classified under NTEE code B94.
How many years of IRS 990 filings does Somerset Parent Teacher Association Of Bellevue Washington have?
Somerset Parent Teacher Association Of Bellevue Washington has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $422K in total revenue.
Filing History
IRS 990 filing history for Somerset Parent Teacher Association Of Bellevue Washington showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Somerset Parent Teacher Association Of Bellevue Washington's revenue has grown by 133.3%, moving from $180K to $421K. Total assets increased by 94.8% over the same period, from $142K to $276K. Total functional expenses rose by 180.8%, from $154K to $432K. In its most recent filing year (2024), Somerset Parent Teacher Association Of Bellevue Washington reported a deficit of $11K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $421K | $432K | $276K | $0 | — | — |
| 2023 | $231K | $219K | $287K | $262 | — | — |
| 2022 | $264K | $228K | $276K | $0 | — | View 990 |
| 2021 | $152K | $234K | $240K | $0 | — | — |
| 2020 | $230K | $272K | $323K | $0 | — | View 990 |
| 2019 | $388K | $301K | $365K | $0 | — | View 990 |
| 2018 | $163K | $219K | $279K | $0 | — | View 990 |
| 2017 | $305K | $235K | $335K | $0 | — | View 990 |
| 2016 | $93K | $193K | $264K | $0 | — | View 990 |
| 2015 | $232K | $137K | $364K | $0 | — | — |
| 2014 | $79K | $108K | $269K | $0 | — | View 990 |
| 2013 | $194K | $73K | $298K | $0 | — | View 990 |
| 2012 | $123K | $87K | $178K | $0 | — | View 990 |
| 2011 | $180K | $154K | $142K | $0 | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $421K, expenses of $432K, and assets of $276K (revenue +82.4% year-over-year).
- 2023: Revenue of $231K, expenses of $219K, and assets of $287K (revenue -12.5% year-over-year).
- 2022: Revenue of $264K, expenses of $228K, and assets of $276K (revenue +73.5% year-over-year).
- 2021: Revenue of $152K, expenses of $234K, and assets of $240K (revenue -33.9% year-over-year).
- 2020: Revenue of $230K, expenses of $272K, and assets of $323K (revenue -40.7% year-over-year).
- 2019: Revenue of $388K, expenses of $301K, and assets of $365K (revenue +137.4% year-over-year).
- 2018: Revenue of $163K, expenses of $219K, and assets of $279K (revenue -46.5% year-over-year).
- 2017: Revenue of $305K, expenses of $235K, and assets of $335K (revenue +229.3% year-over-year).
- 2016: Revenue of $93K, expenses of $193K, and assets of $264K (revenue -60.0% year-over-year).
- 2015: Revenue of $232K, expenses of $137K, and assets of $364K (revenue +193.1% year-over-year).
- 2014: Revenue of $79K, expenses of $108K, and assets of $269K (revenue -59.2% year-over-year).
- 2013: Revenue of $194K, expenses of $73K, and assets of $298K (revenue +57.2% year-over-year).
- 2012: Revenue of $123K, expenses of $87K, and assets of $178K (revenue -31.5% year-over-year).
- 2011: Revenue of $180K, expenses of $154K, and assets of $142K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Somerset Parent Teacher Association Of Bellevue Washington:
Data Sources and Methodology
This transparency report for Somerset Parent Teacher Association Of Bellevue Washington is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.