The Somero Project
- Assets
- $11.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Blaine, WA
- Founding
- 08/2009
- Data as of
- 12/2023
- EIN
- 26-3271411
Organization Overview
The Somero Project is located in Blaine, WA. The organization was established in 2009. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Somero Project is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Somero Project generated $63.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $59.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.3%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SUSTAINABLE SOLUTIONS TO EDUCATE STUDENTS AGES 4 THROUGH 14 AND EMPOWER YOUTH TO BECOME STRONG COMMUNITY LEADERS.
Describe the Organization's Program Activity:
Part 3
SPONSORSHIP PROGRAM: THROUGH THE FINANCIAL SUPPORT OF A SPONSOR, A STUDENT IS ABLE TO ATTEND PRIMARY SCHOOL AT NO COST. ENROLLMENT INCREASED BY 16 STUDENTS DURING 2021, TOTALING 301 STUDENTS. STAFFING INCREASED BY TWO PERSONS IN 2021.
MEDICAL CLINIC: WE FUNDED CONSTRUCTION OF A MEDICAL CLINIC IN 2021, PROVIDING HEALTH CARE TO THE COMMUNITY - INCLUDING STUDENTS AND TEACHERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Olson President And Founder | 10 | $0 | |
Craig Conover Vice President | 1 | $0 | |
Hannah Sullivan Treasurer | 1 | $0 | |
Andrea Farred Director | 1 | $0 | |
Kristen Greenacre Director | 1 | $0 | |
Sausha Knott Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,234 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $19 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $63,253 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $947 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $78 |
| Other expenses | $4,212 |
| Total expenses | $59,920 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,784 |
| Other assets | $0 |
| Total assets | $11,784 |
| Total liabilities | $0 |
| Net assets or fund balances | $11,784 |