SOMOS INC

TROY, NY, 12180-3202 (518) 380-6003 Est. 1991 EIN 22-3128393
Form 990 501(c)(3)
SOMOSNEWYORK.ORG

Mission

SOMOS, INC. IS A NONPARTISAN NONPROFIT 501(C)(3) ORGANIZATION COMMITTED TO ADDRESSING THE NEEDS OF THE HISPANIC POPULATION OF NEW YORK STATE.

Giving Portfolio

Total Grants
4
Total Giving
$50K
Recipients
4
Years Active
2019 - 2021
Avg grant: $12,617 Median: $12,617

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20212$13K $7K20
20192$37K $19K20

Sectors Funded

Community Improvement
1
Arts, Culture & Humanities
1

Top States

New York
1

Grantee Size Profile

$1M - $5M
2

Top Grantees

COMUNIDAD ORGANIZADA DE PUENTE BLANCO INC
PR
$25K
MADERAS 3C
PR
$12K
VISUAL ARTS RESEARCH & RESOURCE CTR RELATING TO THE CARIBBEAN INC
NY
$7K
TALLER COMUNIDAD LA GOYCO INC
PR
$6K

Financials

Total Revenue
$1,792,310
Total Expenses
$1,395,455
Net Assets
$630,645
1 employees 17 volunteers
From latest filing (tax period ending 2023-06-30)

Financial Health

Operating Reserve
5.4 months Adequate
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 109.2%
Expenses ↑ 117.0%
Revenue Sources
Contributions 100.0%
Expense Breakdown
Program 87.0% Management 13.0%

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EIN: 22-3128393 · Source: IRS Form 990 e-file data